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RICE & CHIPS: Technopreneurship and Innovation in Asia
 
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RICE & CHIPS: Technopreneurship and Innovation in Asia [Paperback]

Dennis Posadas (Author)
5.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

May 28, 2007
The success stories of Silicon Valley's technology startups have been well-studied and emulated across the world, but what truly makes Silicon Valley tick? And how can Asian countries develop the Silicon Valley model even further? Rice & Chip: Technopreneurship and Innovation in Asia enumerates the unwritten rules of innovation that have worked in Silicon Valley since the 1930s. Using these rules as a benchmark, author Dennis Posadas points out the similarities between Silicon Valley and Asian countries like China, Taiwan, India, Singapore and Korea. He tackles the research capabilities and venture capital infrastructure of these countries and explains how they have used the Silicon Valley model to develop their own technology startups.

Editorial Reviews

Review

"Dennis Posadas' Rice & Chips illustrates the complexities and dynamics involved with creating a Pan-Asian Silicon Valley. Using examples and stories from each of the major Asian countries, Posadas reviews how each of the Asian countries has developed their technological platforms and provides a blueprint for potential future success as well." --Michael Edmondson, PhD, President MEAPA, Bioscience commercialization company in Oklahoma, USA

"Venture Capital is at various stages of evolution and sophistication among the countries in the Asian region. Increased activity in this field is needed, particularly among the developing nations, in order to give another dimension to the funding and growth of their economies. Rice & Chips makes a valuable contribution by promoting venture capital in Asia, keeping it in the awareness of relevant people and showing what is being done in other countries." --Guillermo D. Luchangco, Chairman & CEO, Investment and Capital Corporation of the Philippines (ICCP) Group

"Posadas makes a strong case for geographic proximity among universities, research institutes and industry as instrumental for the proliferation of start-ups emerging out of Silicon Valley, Route 128 and similar Asian nodes of technopreneurship. When we look at our ivory-towered universities and their isolation from the enclave economies in our industrial estates, it is obvious that location strategy has been driven by the economics of transportation of infrastructure, of real estate development and of tax/fiscal incentives and that the factors of synergy and complementation have been all but forgotten. --Federico C Gonzalez, President/CEO, PESO Inc.

About the Author

Dennis Posadas writes a technology column for the Philippine newspaper BusinessWorld. He has contributed several articles to UCLA AsiaMedia on Asian telecom, wireless and internet developments, and has been quoted by BusinessWeek regarding his views on Asian technopreneurship. Posadas has also acted as a consultant for the University of the Philippines Ayala Science and Technology Park. Posadas spent several years in the chip industry, mainly as a development engineer, technology business analyst and venture capital scout for Intel. He received his BS Electrical Engineering degree from the University of the Philippines at Diliman in 1991, and was a Fellow (Advanced Study Program) of the Massachusetts Institute of Technology in 1999. Posadas lives with his wife Joy, and three daughters in Manila, the Philippines. Rice & Chips: Technopreneurship and Innovation in Asia, is his first book.

Product Details

  • Paperback: 120 pages
  • Publisher: Pearson Education South Asia Pte., Ltd; 1st edition (May 28, 2007)
  • Language: English
  • ISBN-10: 9810678517
  • ISBN-13: 978-9810678517
  • Product Dimensions: 9.7 x 6.5 x 0.4 inches
  • Shipping Weight: 1.6 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,320,506 in Books (See Top 100 in Books)

More About the Author

Dennis Posadas is the author of Jump Start: A Technopreneurship Fable (Singapore: Pearson Prentice Hall, 2009) and Rice & Chips: Technopreneurship and Innovation in Asia (Singapore: Pearson Prentice Hall, 2007). He is a former Intel engineer and technology development analyst.

Posadas is a technology columnist/writer whose published credits include Bloomberg BusinessWeek.com, Forbes Asia, Singapore Straits Times, Singapore Business Times, UCLA AsiaMedia, UPI, Philippine Daily Inquirer. He was formerly a weekly technology columnist for BusinessWorld.

Posadas lives in Manila, Philippines with his wife Joy (also an author) and three young children.

 

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5.0 out of 5 stars From rice to chip: Fostering technopreneurship in Asia and other developing countries, November 3, 2008
This review is from: RICE & CHIPS: Technopreneurship and Innovation in Asia (Paperback)
With the exception of Japan, all now industrialized East Asian countries were poor in the 1960s - well, nearly all poor. In a brief time period to-date, S. Korea has moved from traditional industries to semiconductors; Taiwan graduated from PC accessories to wafer fabrication; and Singapore from electronics to semiconductor manufacturing. Through tenacity, and emphasis on the domestic "invisible market" made up of low-income consumers, these countries have moved from low-tech to high-tech, and transformed poverty into (potential) wealth. How did that happen?

" Rice and Chips" asserts that countries that succeeded first developed their own technological ecosystems based on "Silicon Valley rules of [fostering] innovations." The rules require venture capitalists to finance the incubation of technologies and "technopreneurs" to take those technologies to market. The goal of the book is to explain the rules that successful Asian countries have followed to get where they are today, and which other developing countries aspiring to technological advancement can emulate. The explanation ends up in eight rules of thumb. Without further ado here they are:

Rule 1: Build a powerful team of experts: researchers, scientists, engineers, suppliers, and even hobbyists.

Rule 2: Locate ecosystems near research institutions and universities, just like Silicon Valley is located near Stanford University, UC Berkeley, and similar institutions.

Rule 3: Beep the horn loud for role models by telling the stories of successful entrepreneurs to encourage others.

Rule 4: Develop an innovation culture by inspiring your people to think creatively - provide public lectures, plays, concerts, and the like.

Rule 5: Take advantage of economies of proximity that allow knowledgeable people to interact, exchange ideas, and for the ideas to flourish.

Rule 6: Turn the "brain drain" into the brain shower - tap into the Diaspora.

Rule 7: Develop effective financial and legal systems that would permit venture capital markets to emerge.

Rule 8: Take risk, fail, learn, take risk again, ..., and eventually succeed!

This book is great: well written, economically written, and powerful message!

Amavilah, Author
Modeling Determinants of Income in Embedded Economies
ISBN: 1600210465
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