Lego Innovation: A Business Development in the UAE Context
VerifiedAdded on  2020/05/04
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Essay
AI Summary
This essay examines Lego's innovative approach to business development, highlighting its evolution from Kiddicraft to its current practices. It discusses the company's adaptation to customer needs, the importance of breaking conventional rules, and the role of creative thinking and determined employees in successful innovation. The essay also explores the UAE government's proactive role in promoting innovation and technology across various sectors, aiming to establish the country as a global leader in innovation. It emphasizes the multidimensional nature of innovation in the UAE, encompassing technology, healthcare, and other fields, and the government's encouragement of innovative organizations like Dubai Science Park. The essay concludes by underscoring the significance of government support and competition in fostering innovation and the potential for UAE to excel in areas like education and healthcare, ultimately driving the nation toward its goal of becoming one of the most innovative countries in the world. The essay also highlights the importance of sustainability in the business model of Lego.
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