New Wealth: Commercialization of Science and Technology for Business and Economic Development

New Wealth: Commercialization of Science and Technology for Business and Economic Development

by George Kozmetsky, Frederick Williams, Victoria Williams
     
 

Drawing from more than 25 years of research and project development, the authors describe how accelerated commercialization strategies building on advances in science and technology offer a sustainable source of wealth. They show how collaboration among business, government, entrepreneurial, and academic partners—all focusing to leverage local resources to

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Overview

Drawing from more than 25 years of research and project development, the authors describe how accelerated commercialization strategies building on advances in science and technology offer a sustainable source of wealth. They show how collaboration among business, government, entrepreneurial, and academic partners—all focusing to leverage local resources to compete in the global marketplace—is an established and powerful strategy for 21st century business creation and economic development.

This collaborative success strategy of thinking globally and acting locally, along with supportive activities such as technology incubators, research methods, entrepreneurship training, and use of networks for resource sharing is what has come to be called the Technopolis paradigm. Because a maturing Technopolis evolves as an integral component of a city, state, or larger sociopolitical unit, it promotes attention to sustainability and quality of life. Further, Kozmetsky and Williams consider the Technopolis paradigm as a process of constructive capitalism in that it utilizes private or corporate commercialization of science and technology to create wealth and shared prosperity, the value of which is set by competition in a free market.

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Product Details

ISBN-13:
9781567206319
Publisher:
ABC-CLIO, Incorporated
Publication date:
02/28/2004
Edition description:
New Edition
Pages:
226
Product dimensions:
6.14(w) x 9.21(h) x 0.56(d)

Table of Contents

1Technology as a wealth concept3
2Today's wealth of nations7
3Technology-based enterprise creation13
4Think globally, act locally19
5Fast companies and zero time25
6Progress in networks and networking33
7Learning amid, for, and using technology39
8Creating the technopolis51
9Adoption of innovations57
10Technology transfer61
11Designing industrial parks and incubators79
12Why an enterprise center?89
13Enhancements in applied research95
14Decision science and risk analysis111
15Austin model : a city reinvents itself121
16Project CBIRD : binational wealth creation131
17Project Caribe : prosperity in paradise137
18Anzoategui : a Venezuelan state of change179
19En Cuba : biotech, education, and health services189
20Toward capitalism with conscience199
Afterglow : for a special tribute203

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