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Fig. 6 A Model of Technology Commercialization: Building the Value of a New Technology.
Source Vijay Jolly, From Mind to Market, (
1997
)
regions. This is a very important objective, for as stated in a 1998, World Bank
Development Report : Knowledge for Development:
It appears that well-developed capabilities to learn—the abilities to put knowledge to
work—are responsible for rapid catch-up…The basic elements [to develop these learning
abilities] appear to be skilled people, knowledge institutions, knowledge networks, and
information and communications infrastructure
Few emerging and developing regions can hope to match, at least in the near-
term, the physical and smart infrastructure of established technopoleis or ''spiky
regions'' where there is a world-class agglomeration of technology, talent, capital,
and know-how. However as emphasized by Caircross (
1997
),
4
the 'death of dis-
tance' in the digital era reduces the inherent economies of regionally-based
knowledge clusters and opens the field to new entrants. Regional, national, and
global digital networks allow for, if not encourage, the development of non-
geographically bound or virtual technopoleis. We suggest that the ''flat or spiky
world'' is necessitating enhanced global activities not only for the traditional
international activities of major governments, firms, and universities, but also for
new entrants such as regional governments, start-up firms, and their local support
groups such as entrepreneurial associations and venture financing. These devel-
opments may also facilitate access for the developing world to needed information,
technical sources, talent, and financial support more commonly available only in
more developed regions, Fig.
8
.
The importance of global R&D collaboration is also noted, by Professor Keshav
Pingali, Professor of Computer Science, as being critically important for more
4
F. Caircross (
1997
).
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