Monday, September 13, 2010
Week 5
Monday, September 6, 2010
Week 4
Wednesday, September 1, 2010
Week 3
The third session of TWC saw us covering Technology & Sustainability of Industrial Development and Innovation Management.
We started off by looking at the old industrial model, elaborating on how people of the past could continue to advance in technology without having to consider the pressing situation of environmental degradation. However, as a result of such, the environment has landed in bad state today, leaving current firms to grapple with the issue of sustainable development. Companies these days now have to ensure that their primary objective of maximizing profits are being met, while ensuring that they do not bring up levels of global warming at the same time.
Furthermore, Prof also mentioned that starting late does not always put you at a disadvantage. This allows firms to leap in to the industry and begin to capitalize, without having the need to invest in the starting of a new technology and its developmental process. This creates a substantial amount of value for such companies.
Hence, all current firms now have the onus on them to innovate, and work around with our current situation, in order to allow economic growth without harming our environment.
One classmate then had his presentation- whether development & sustainability were/had to be trade-offs. We then proceeded into discussion on how much of a role should governments play in the sustainability of the environment. In my opinion, a government is a leadership figure, having power and influence on the people. Its role is to educate, and to provide the framework for long-term change. However it is not up to the government alone. Firms, on their part, have to be receptive to orders, and to question whether they are willing to compromise on profit levels for the sake of the environment. It would be quite unfortunate if governments have to exert too much pressure, putting the whole issue in a very bad light, cause after all, we're under the same sky.
Halfway through class, we moved on to the topic of Innovation Management. One thing that I remember from this segment was Prof's cute attempt at drawing BioEnterprise Asia's Technology Landscape Conceptual Framework! In summary it listed the summits as opportunities when knowledge, technology & barriers to entry are high, with few competitors in the market. Valleys are pretty much the opposite, with low interest for BioEnterprise unless there's innovation. Then there are the clouds, with summit characteristics (high knowledge tech & barriers to entry) although the business case is not yet developed. All this well-represented by the image below-

All in all, what I've learnt during week 3 was that most of the time, it's worth the risk to think innovatively out of the box and to try something else that no one has. However at the same time, we must be careful to not let the risk be damage to our environment.
I rate this session a 7/10.
Monday, August 23, 2010
Week 2
Saturday, August 21, 2010
Thoughts from Week1 Readings
Just covered my readings as stated by Prof Shahi in the slides, and thought I should do a summary kinda thing here lest I forget the small details of what I’ve read.
- Basic forming of galaxies and the Earth + development of survival skills + primary inventions (eg. Wheels)
- The rise of religions (eg. Christianity, Hinduism, Buddhism)
- More modern inventions (eg. Telephones, Aeroplanes, Radio-signals)
- Progressed to have more intellectual inventions/ developments (eg. Nuclear weapons, Spacecrafts, Microchips, Cloning etc.)
1. Climatic Changes
· Led to the migration of many big game animals to new pastures in the North decreased the supply of game for hunters in the Middle East.
· Led to a change in distribution and growing pattern of grains and crops, which hunters depended on.
2. Increase in Human Population
· Led to a shift to sedentary farming.
· Caused by a change in climate, plant & animal life, with people moving to places where shifts were minimal.
· Cause by harvesting grains intensively. More grain harvest led to a systematic cultivation of plants.
Causes of civilization in the Middle East
Settled agriculture implied forms of property, giving families an identity. With property, there was incentive to introduce improvements (eg. wells & irrigation). Property brought about laws & enforcement mechanisms and an extensive government, leading to possibilities of trade.
Further innovations- New Tools & Specialisation
New inventions enhanced the productivity of Middle Eastern Agriculture. Consistent surpluses shaped civilization, leading to a recurrent series of technological changes. (eg. Potter’s Wheel & Obsidian, a hard stone used for tools. One significant technological change was the introduction of metal for use in tools & weapons (eg. copper + tin = bronze). The use of metal enabled them to manufacture a greater variety of tools, which were lighter and easier to make. The Middle East was the first to move from the Neolithic (stone tool) Age to the Bronze Age. Trade also led to the formation of sea routes.
The last site, www.pbs.org/wgbh/globalconnections/mideast/themes/science/, informed me about cutting age science in the Middle East. Some of these include calculating the diameter of the Earth, and areas in medicine, like the removal of cataracts, and the treating of kidney & gallstones, at the time when the Europeans were still using leeches.
Technological advancement of the West led to them having a military & economic advantage over the Islamic world. The Middle East had to outsource work to foreign firms due to being tight on cash. They sold their right to develop and & profit (aka concessions). Hence, the European government had interests in influencing Middle Eastern regimes, hence leading to greater dependency on the West, slowly increasing resentment within the Middle Easterns.
Access to Technology
Internet cafes sprung up in major cities for people who couldn’t afford computers. However, the government was the only Internet provider and hence had the right to censor any content they deem unfit. Oil-poor countries had insufficient resources to take advantage of new technology. In summary, the ability to access new technology is related to both economic resources and political openness.
Tuesday, August 17, 2010
Week 1
