By Kozmetsky G., Williams F., Williams V.

Drawing from greater than 25 years of analysis and venture improvement, the authors describe how speeded up commercialization ideas construction on advances in technological know-how and expertise provide a sustainable resource of wealth. They convey how collaboration between enterprise, executive, entrepreneurial, and educational partners—all focusing to leverage neighborhood assets to compete within the worldwide marketplace—is a longtime and robust technique for twenty first century enterprise production and monetary development.This collaborative luck technique of pondering globally and performing in the community, besides supportive actions corresponding to expertise incubators, learn equipment, entrepreneurship education, and use of networks for source sharing is what has end up referred to as the Technopolis paradigm. simply because a maturing Technopolis evolves as an quintessential part of a urban, country, or better sociopolitical unit, it promotes awareness to sustainability and caliber of lifestyles. extra, Kozmetsky and Williams give some thought to the Technopolis paradigm as a strategy of confident capitalism in that it makes use of inner most or company commercialization of technological know-how and know-how to create wealth and shared prosperity, the price of that's set through festival in a loose industry.

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

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This group may, in turn, seek cooperation with other such groups. For the time being, let us review five key factors: (1) talent, (2) technology, (3) innovation, (4) capital, and (5) know-how. 52 New Wealth THE FIVE KEY FA C T OR S F OR DE V E L O P M E N T 1. Talent The pool of entrepreneurial talent is dependent on a number of variables. The entrepreneurial climate of a region may be a particularly critical variable influencing entrepreneurship—namely, well-connected networks of individuals and organizations, previous entrepreneurs, encouragement for innovative activity, and risk taking.

The right conferred by the patent grant is, in the language of the statute and of the grant itself, “the right to exclude others from making, using, offering for sale, or selling” the invention in the United States or “importing” the invention into the United States. What is granted is not the right to make, use, offer for sale, sell, or import, but the right to exclude others from making, using, offering for sale, selling, or importing the invention. Once a patent is issued, the patentee must enforce the patent without aid from the USPTO.

Problem solving: Employ basic strategies such as defining the problem, sensing alternative solutions, and evaluating solutions that were applied. 8. Learn on the job: Gain skills and assist others with learning—in all, “growth” skills. What’s Next for EnterTech? There have been and will continue to be more field applications. A school district or any sponsoring entity can license use of the program. Recently, more of the materials have been made available for Web site presentation. Now noteworthy, we believe, are ongoing translations of the materials in Spanish and Portuguese for trial uses in Mexico and Brazil.

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New Wealth: Commercialization of Science and Technology for Business and Economic Development by Kozmetsky G., Williams F., Williams V.

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