Year: 2006
Type: book
Abstract: Key Characteristics of Converging TechnologiesSix characteristics of the CTs are most relevant for Australian policy at this time.• Pervasiveness: As noted, the converging technologies are likely to give rise to a suite of GPTs, and hence to have pervasive effects throughout industry, the service sector and social life.Advanced capabilities in these areas will be vital for national competitiveness and prosperity in the medium term.• Diversity: There is great diversity within this suite of technologies, in terms of the requirements, in many dimensions, for their development and application.Consistent National Policies for Converging Technologies CSES 2 2• The growing role of open access.In many areas, such as open source software or the human genome, open access to new knowledge is becoming common; in other areas, such as medicines, proprietary intellectual property remains vital.• Networks and alliances: The rising cost and complexity of new technology development has led to this becoming a global process, beyond the reach of any single country or company.Complex webs of networks and alliances span the globe: active participation in them is necessary to keep pace with the technological frontier.• Role of East Asia and India: For the first time, the development process for major new technologies involves countries in Asia as foundational players, and large scale investments in these areas are being made in China and India, among others.• Variety and fragility of business models: Given the diversity of technologies and of market conditions, there have been a variety of different business models employed.No single model provides a guarantee of success in changing circumstances, and different models are effective with different technologies and in different regions.
Institution: Victoria University
Language: English
Domain: Social Sciences
Open Access status: green
Funder: Australian Research Council
OpenAlex ID: W99917412