Events
- 24 Hours of Technology
- Startup America Events
- Global Entrepreneurship Week
- Clean Technology Exhibit and Conference
- Global Energy: Sufficiency and Sustainability
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Right now, we’d like to tell you about the 24 Hours of Technology Commercialization being developed by Panidea.
Panidea Inc. proudly announces the upcoming program, “24 Hours of Technology”, a global online program with a focus on technology commercialization. The program will be on Wednesday, July 13, 2011 with programs in Asia and will chase the sun across Asia, Australia, The Middle East, Europe, Africa, South America and North America. Speakers across the world will talk about their country, their programs, and their ideas, in a series of thirty minute presentations. By having live presentations in local time zones, we will demonstrate the movement of innovation around the globe.
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About Us
Networking
We have lofty goals. How do we make this happen? It’s all about networking. We have a need to find the right partners to drive opportunities forward to wealth creation. Our knowledge exists in silos – we have certain contacts with expertise in different areas and we tend to only use those experts. In order to be successful, as a university technical transfer officer, an incubator, an open innovation consultant, or a corporate licensing officer, we need to develop the contacts which will allow us to find and advance the best opportunities.
Business models which are based upon geographical or organization connections only will not succeed. Open innovation models developed to expand the reach of ideas for large organization.
The Venture Capital model worked for many companies very successfully. Today, the path to market is less defined and has more options. SBIR/NSF/EU grants are an option for companies and can be achieved by foreign companies if they are willing to structure their IP and focus on the development of opportunities in the jurisdiction of the grant agency.
Companies may stage their development and risk and move their product into market with multiple partners, all of whom accept stages of risk. Licensing may be a more effective tool. To evaluation these options, organizations need to find the right partners. The Association was developed to meet this need.
The Invisible Hand
Adam Smith called it ‘The Invisible Hand’. It was the creation of a sustaining market without control of an controlling power. This site is The Invisible Hand. It is a place for people to connect and move the discussion further. We believe an unstructured environment will enhance the growth of new ideas.
Market Growth
Money, like water, seeks its own level. The current challenges in our world today will not be resolved by current players. Centrally controlled technology and financial development are not the paradigm which we will use to advance in this century. We need to advance by seeking talent, ideas, skills, and markets globally.
The Western smartphone market is different from the smartphone market in the developing world. In the developing world, the smartphone is a link for farmers, villagers, banks, and communications. In the developing world, Bluetooth devices can be added to the phone to provide physicians information on the health of patients.
Medical Treatment has a focus of triage. Treatment of Dengue fever, basically nonexistent in the Western world is a major problem in the developing world after floods. Treatment has an initial focus on the identification of the disease among many victims who exhibit flu like symptoms. Vaccines and treatment are prescribed for patients who need dengue treatment, which is more expensive than flu treatment. Smart companies understand this market and understand the costs and processes of entering this market.
Next?
Where does this leave us? We need to understand new markets and how to apply technology to new markets. We need local players who understand these local markets and can help us enter the market quickly, efficiently, and with greatest positive outcome.
We need to the global network.