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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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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. Suzlon's head of technology is John O'Halloran, a former Cummins Engine executive who now leads Suzlon's 500-strong global R&D team out of Hamburg. facility in Cambridge Science Park. and the U.K.

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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. Strengthening the industrial base.

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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.