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[A vision for the future of computing and digital media relies on Moore’s Law for increased speed and functionality in the areas of processing, memory, and telecommunications. Most of the key advances which are driven by technology, and are commercializable, are able to take advantage of these factors. This is demonstrated by a review of how technology development and innovation has taken place in the recent past. In a number of cases this innovation has been performed primarily by one or more individuals in academia or industry, though they may have received help and support in the setting up of a company. The general motivations for collaboration on the part of industry and the academy are identified. The capabilities and skills of the academic entrepreneur and the collaborating industrialist are reviewed. The characteristics of an academy/industry project are analyzed and a set of criteria are proposed for evaluating a project in real time. A threshold is considered above which collaboration can successfully take place, and below which it cannot. In addition, possible side effects of collaboration are reviewed.]
Published: Mar 8, 2017
Keywords: Moore’s law; Digital convergence; Project monitoring and evaluation; Entrepreneurship; Spin-off company; Technology transfer offices; Business incubators; Innovation parks; Venture capital
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