Remove 2011 Remove Biotechnology Remove Development Remove Technology
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Technology Progresses When Business, Government, and Academia Work Together

Harvard Business Review

Although US firms had pioneered and dominated the technology for two decades, they were now getting pummeled by cheaper Japanese imports. The initial breakthrough came in 1987, but the first drug wasn’t approved until 2011. By the mid-1980’s, the American semiconductor industry seemed like it was doomed.

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The Industries Plagued by the Most Uncertainty

Harvard Business Review

That means new technologies and new competitors are hitting the market at an unprecedented rate. and technological uncertainty (can we make a desirable solution?) Technological uncertainty results from unknowns regarding the technologies that might emerge or be combined to create a new solution.

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Think Global, Not Emerging Markets, Century

Harvard Business Review

As multinational corporations pursue opportunities in emerging markets, they're bound to stumble if they overlook the developed economies, and vice versa. Without operating in the former, they won't be able to attain economies of scale; sans the latter, they're unlikely to continue developing state-of-the-art technologies.

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It's Manufacturing's Turn for Special Treatment

Harvard Business Review

And one look at the trade deficit ($558 billion in 2011) clearly indicates we don't have as much as our foreign competitors to sell in return. Sure, with improvements in information technology and communication, some services are becoming more tradable and that creates opportunities for the U.S. But let's not kid ourselves.

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India Remakes Global Innovation

Harvard Business Review

In 2008, Dr Reddy's acquired Chirotech, Dow Chemical's R&D unit, for $32 million, and in April 2011 relocated it to a new 33,000 sq. Dr Reddy's plan is to leverage Chirotech's scientific capabilities to optimize drug development processes, thus lowering manufacturing costs and speeding time-to-market.

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Get Your Passion Project Moving Without Quitting Your Day Job

Harvard Business Review

Clark recommends listing the “concrete skills you need to develop in order to be successful at pursuing your passion full-time.” Seek out training opportunities to help you develop the skills you need for your project. Patch weak spots. ” Once you have a list of necessary skills, figure out how to acquire them.