How to leverage emerging technologies
By Ashok Singhal, President of CFD Research Corporation
September 12, 2011.
As we all know, both innovation and partnerships are essential for the economic success in today’s technology-driven marketplace with ever increasing global competition. Fortunately for the development of new technologies in Alabama as well as in the whole United states, there is continued significant progress at various universities, research institutes, large corporations and now also at high-tech small businesses. In addition there are various channels, such as conferences, symposiums, newsletters, journals and magazines, for communicating such developments. Yet, the utilization of new emerging technologies continues to be rather limited.
An important question is “so what can be done? The answer is rather simple: Partnerships.
True partnerships (long-term, multi-level, two-way partnerships) between relevant organizations can be of great value to both the technology developers and the user organizations (product manufacturers, system integrators, etc). How such partnerships can be developed and sustained is discussed a recent article I wrote that appeared in the June 2011 issue of R&D Magazine: “Leveraging Innovation: Both small and large organizations struggle to bring innovation to market; what can be accomplished if they work together” http://www.rdmag.com/Featured-Articles/2011/06/Policy-And-Industry-Leveraging-Innovation/
Some examples of technology transition successes are also being discussed in the Technology Transition panel, organized by DARPA manager, Susan Nichols, in the National 2011 Beyond Phase II Conference, in Atlanta on September 15, 2011. www.beyondphaseii.com.
Likewise, there will be useful discussions at the innovation and entrepreneurship conference being organized by EDPA in Birmingham on September 23. It seems that we all understand the opportunity and challenges of partnerships. All we have to do is to begin to “Walk the Talk”.