![Page 1: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/1.jpg)
ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION
Sul Kassicieh
ASM Endowed Chair in Economic Development
Distinguished Professor of Management of Technology
Anderson School of Management
University of New Mexico
![Page 2: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/2.jpg)
INTRODUCTION
• Regions seek economic development activities that will create high-paying jobs and wealth
• Economic development can provide jobs in all levels of the economy but the highest benefits accrue when we create jobs at the top of the economic pyramid (creating a multiplier effect)
Sul KassiciehEconomic Development2
![Page 3: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/3.jpg)
AT THE TOP OF THE PYRAMID
• The top of the economic pyramid is where technology plays a major part in the product development and product manufacturing
• This is where products are not sold as commodities but as special goods and prices are not set by the market but by the innovator.
Sul KassiciehEconomic Development3
![Page 4: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/4.jpg)
PROPOSAL FOR TECHNOLOGY COMMERCIALIZATION
• Create cooperation between the US andBrazil to enhance entrepreneurship based oninnovation and technology
• Focus on increasing the number ofinnovative projects that create new ways ofsolving problems in specific focus areas suchas water
Sul KassiciehEconomic Development4
![Page 5: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/5.jpg)
OBJECTIVES
• Create links between academia, industry and government
• to facilitate the creation of a pipeline in both direction of technology and products that can help the economies of both countries
• To create strategic alliances for solving problems that hinder the development of solutions in each country
Sul KassiciehEconomic Development5
![Page 6: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/6.jpg)
GROUPS
• Research organizations such as Sandia, Los Alamos National Laboratories, Air Force Research Laboratories as well as the equivalent Brazilian R&D Centers (INCTs, INPE, SUFRAMA)
• Companies such as Altela, Aqua Access as well as Brazilian groups such as the companies in Manaus Industrial Pole , Instituto Amazonia, Petrobras, etc.
Sul KassiciehEconomic Development6
![Page 7: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/7.jpg)
START-UP
• Today’s presentations are an example of the type of cooperation that can be enhanced
• Companies from the US looking for partners in Brazil to sell and ultimately manufacture their products if the demand exists for such products
• Companies in Brazil that are interested in this discussion and in coming to the US to collaborate on commercialization activity
Sul KassiciehEconomic Development7
![Page 8: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/8.jpg)
HOW CAN WE DO IT?
• Working in a network, we create a Innovation Ecosystem to create deal flow in multiple directions:
• identify markets easily,
• facilitate business development,
• prove concepts, develop benchmarks, customize products and services,
• Accelerate the growth of companies
Sul KassiciehEconomic Development8
![Page 9: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/9.jpg)
BUSINESS CONCEPT
• We start with the low hanging fruit in areas that we are familiar with such as water and work on identifying the needs in each of the markets.
• The work extends to business planning in other areas so that we can identify other opportunities
Sul KassiciehEconomic Development 9
![Page 10: ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION€¦ · ECONOMIC DEVELOPMENT AND TECHNOLOGICAL INNOVATION Sul Kassicieh ... 3 Economic Development Sul Kassicieh. PROPOSAL FOR TECHNOLOGY](https://reader036.vdocuments.net/reader036/viewer/2022070916/5fb6381a6124397f8808b6d5/html5/thumbnails/10.jpg)
BENEFITS
• More companies created.
• More technology deal flow.
• More jobs/ wealth creation.
• Win/Win for everyone.
• Creation of new companies with new job opportunities.
Sul KassiciehEconomic Development10