INNOVATION SUMMIT & INTERNATIONAL CONFERENCE
on Technology Transfer and Internationalization of Technology-based Businesses 1 – 2 November 2018 International Conference & Exhibition –Tangerang Selatan, Indonesia
Organized by Indonesian Institute of Sciences Indian (LIPI), Indian Ocean Rim Association (IORA), UNESCAP-Asian and Pacific Centre for Transfer of Technology (APCTT), and Japan Science Technology and Innovation Platform (JASTIP)
Why Internationalization of Startup
Science Technology and Innovation (STI) collaboration in the Asia and the Pacific Region is aimed at developing and diffusing STI in strengthening its economic competiveness, the promotion of innovation in the region become a necessity. For this purpose a concerted efforts focusing on three key activities need to be undertaken, namely: (a) facilitation the flow of technology and innovation information from various sources within the IORA regions and also from outside of the region (b) intermediation of innovation amongst its Member States so as to increase its exchange and adoption, and (c) exchange of knowledge, practices, and experiences in converting STI into competitive business through startups and/or existing established firms.
In general, there are two main avenues in transforming technology into innovation, i.e., (a) commercialization through existing established firms and (b) creation of Start-ups. In the first avenue, large corporations play major roles in developing and diffusing innovation. Large corporations have sufficient capacity to seek for its business partners in attempts to go to global market.
On the second avenue, and in many cases, it is the startup that plays major roles in developing and diffusing innovation. he second avenue where most of the successful adoption of innovation are carried by startups. In some cases, these startups are successful in penetrating global market. However, it is also a fact that many startups in these countries and other countries in the regions simply don’t have the capacity to penetrate global market due to, among others, limited access to information, business partners, etc. Facilitating access to these start-ups to initiate and establish business partnership and accelerate transfer of technology in other countries could accelerate its international exposure in international market.