The golden handshakes from a decade of downsizing at Kodak, Xerox and Bausch & Lomb have financed new enterprises that use fiber optics and organic molecules to create the digital and biotechnology products of the future.
But the contradictions of this recession were underscored when Mr. Egan noted that venture capital investment soared in the second quarter, and that industries like digital media, biotechnology and green energy are healthy and growing.
We chose to focus on strategic experiments because dramatic forces such as globalization, digital technology, biotechnology, and demographic change are now creating nonlinear shifts in the economy threatening stability but also opening up opportunities for breakthrough growth.
The alternative perspective is that the accelerating convergence of digital and biotechnologies, with some level of artificial intelligence, will augment human creativity and labour.
Finally, a key theme is the "Increase of Food Production Yield" without an impact on environmental resources, where a lot of digital and biotechnologies are being applied to solve the growing misalignment between the demand and supply of food.
The state also has too few knowledge-based jobs in industries like health care, biotechnology, digital media and financial services, he said.
Obviously, such strategies will not work in the long term if no one is willing to invest in the earliest stages of research in critical areas like biotechnology, digital technology, renewable energy sources, and the like.
In 2017, an ASM study on emerging Malaysian science and technology highlighted five technology areas for investment: biotechnology, digital technology, green technology, nanotechnology and neurotechnology (see 'Technology game-changers')1.
Daekwon's research studies the intersection between design, digital technology and biotechnology with an emphasis on how it influences the way the built environment is designed, built, and occupied.
In detail, the gender gaps in Electronics, Principles of Engineering, and Digital Electronics, except Biotechnology and Principles of Technology, were gradually increasing (see Fig. 5).
