Page 83 - MOE ENGLISH PR REPORT - JANUARY 2025

Press Release

as a leading global hub for the new economy. Additionally, the initiative seeks to solidify UAE’s
position among the top 15 countries on the Global Innovation Index (GII).”

This latest initiative comes as part of the IP ecosystem, launched by the Ministry at the beginning
of last year, in partnership with public and private sectors. This ecosystem represents a crucial
milestone in UAE’s transition towards a knowledge-driven, innovation-based economy.

The Patent Hive initiative encompasses a range of strategies designed to create a comprehensive
ecosystem that streamlines the process of patent registration. The main objective of this endeavor
is to reduce the time needed for patent registration from 42 months to only 6 months. The initiative
seeks to increase the number of registered patents from 4,481 to 6,000 by 2026, reinforcing the
UAE’s position as a global hub for innovation.

To encourage innovation among students and young scholars, the initiative provides a range of
incentives, including reduced registration fees for students and a zero-cost policy for young people
under the age of 21. These measures aim to foster collaboration and integration among the UAE’s
scientific research sectors, universities, and small to medium-sized enterprises (SMEs).

Additionally, the initiative includes specialised training programs and technical consultations
provided by the Ministry in collaboration with the World Intellectual Property Organization
(WIPO). These efforts are focused on building capacities of the local workforce and raising
awareness about the significance of IP. The initiative also aims to create a manual that will
facilitate the coordination and joint operations between the Ministry and the scientific research
sectors, defining roles and responsibilities to ensure the delivery of high-quality outputs.

The event also marked the signing of memoranda of understanding (MoUs) with various
universities, research centers, and participating entities to foster collaboration and align efforts
towards achieving the project’s objectives. These agreements aim to establish performance
indicators for research outcomes and evaluate their impact on increasing the number of registered
patents in the country.

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