Video: From Lab to Market: Where Technology is Headed - The Research Director's Point of View (2004)

Not yet rated
From Lab to Market: Where Technology is Headed—The Research Director’s Point of View
Moderator: Rebecca Henderson '81
Paul Horn
Uma Chowdhry PhD '76
Robert Tepper
September 29, 2004
Running Time: 1:14:56

About the Lecture
How do you conduct R&D in a vanguard technology? These three panelists provide varying perspectives on the question. Paul Horn stands by IBM’s longstanding commitment to its 5.5 billion dollar annual research effort, but with some caveats: “It’s all about the speed of flowing new ideas into hardware, software and services,” he says. You can’t think about innovation without also considering “channels to market.” IBM insists that “researchers spend time in the marketplace so they can understand how their technology can solve real world problems.”

At DuPont, Uma Chowdhry cites a “quietly occurring transformation in the area of biobased materials.” At two centuries’ young, DuPont has a new primary challenge: “How do we transform from a petroleum-based economy to renewable resources such as crops?” Working with partners such as MIT, the company is exploring glucose, methane and nanotechnology to cook up new kinds of fuel, food supplements, and other products—all economically. It’s “a very big dream,” acknowledges Chowdhry. The prerequisite, she says, is that “top management must have an unwavering commitment to the mission as well as time, vision and patience.”

Robert Tepper describes the convergence of two revolutions driving his field forward. The complete sequencing of the human genome, combined with advances in understanding pathways of disease, will enable Millennium’s researchers to create “breakthrough therapies.” Scientists are already “making strides in cancer and inflammation,” says Tepper. Millennium is linking up with industry, hospitals and academia, plumbing the genome to learn “why individuals are susceptible to disease.”

Source: MIT
Views: 1,923
Added: 12 years ago.
Topic: Innovation

Share:

More Entrepreneurship Videos

Leadership Amidst Crisis (2009) Leadership Amidst Crisis (2009) Leading Change: A Conversation with Ron Williams (2008) Leading Change: A Conversation with Ron Williams (2008) When to Seed, When to Harvest: The Four Quads of Innovation, Growth (2002) When to Seed, When to Harvest: The Four Quads of Innovation, Growth (2002) Ethics and Enlightened Leadership (2009) Ethics and Enlightened Leadership (2009) 10 Common Mistakes Business Owners Make 10 Common Mistakes Business Owners Make Building a Mission Statement Building a Mission Statement

Comments

There are no comments. Be the first to post one.
  Post comment as a guest user.
Click to login or register:
Your name:
Your email:
(will not appear)
Your comment:
(max. 1000 characters)
Are you human? (Sorry)