News Column

New Findings in Information Technology Described by H. Etzkowitz and Co-Researchers

March 4, 2014

By a News Reporter-Staff News Editor at Information Technology Newsweekly -- Research findings on Information Technology are discussed in a new report. According to news originating from Palo Alto, California, by VerticalNews editors, the research stated, "The increasing dependence of Silicon Valley on external sources of human capital and technological innovation is a potential Achilles' heel if competitive regions achieve 'stickiness' and retain these assets. Silicon Valley developed in a successive triple helix format, each helix building upon and reinforcing the other."

Our news journalists obtained a quote from the research, "A single helix university development model morphed into a dual helix university-industry symbiotic relationship that became a triple helix university-industry-government format through the provision of government funding, sporadically in the pre-war and consistently in the post-war eras, expanding the innovation dynamic and fostering growth firms. In the early 2000s, a patient advocate-driven social movement provided an alternative engine for stem-cell development in the face of federal government opposition, creating a new model for S&T financing and innovation. Bond issues that treat science as infrastructure, if diffused and replicated, have the potential to revivify the original pro bono venture model."

According to the news editors, the research concluded: "A counter-cyclical innovation dynamic, originated during the great depression of the 1930s, may yet fulfill the promise of the triple helix model as a driver of economic and social development by providing an antidote for its successor economic crisis."

For more information on this research see: Silicon Valley at risk? Sustainability of a global innovation icon: An introduction to the Special Issue. Social Science Information Sur Les Sciences Sociales, 2013;52(4):515-538. Social Science Information Sur Les Sciences Sociales can be contacted at: Sage Publications Ltd, 1 Olivers Yard, 55 City Road, London EC1Y 1SP, England.

The news correspondents report that additional information may be obtained from H. Etzkowitz, IITH, Palo Alto, CA 94304, United States.

Keywords for this news article include: Palo Alto, California, United States, Information Technology, North and Central America

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Source: Information Technology Newsweekly

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