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Technology and New Business Models for Developing
Countries Jim Koch Founding Director, Center for Science, Technology, and Society Professor of Management, Leavey School of Business, Santa Clara University
Virtually all of the defining technologies of the information age developed in Silicon Valley--computing, information storage, networking, software--have had little beneficial impact in the developing world. Kofi Annan recently issued a challenge to Silicon Valley to consider ways of applying its innovative genius to address the Millennium Development Goals, including the goal of reducing world poverty by half by the year 2015. Altruism aside, many technology companies are maturing and facing relatively saturated markets in developed countries. How can technologies invented in wealthy nations representing less than fifteen percent of the world's population, with stable or declining populations, be made more relevant and useful to people in developing nations where populations are growing seven to eight times faster than in developed nations? How will business models need to change if the tools of our information age are to be deployable and commercialized in less developed and more rapidly growing parts of the world? Do the untapped markets represent a great opportunity? Are they potential test beads for the development of "disruptive technologies?" This seminar will focus on what can be learned from the entrepreneurial efforts of Tech Museum Award winners and others who see both compelling human needs and market oppotunities at the bottom of the pyramid. Bio: Email contacts for speakers and sponsors |
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