Taiwan's Industrial Technology Research Institute Collaborates with SRI International to Foster Innovation in Taiwan
SAN JOSE, California, April 27, 2006 -- Taiwan's Industrial Technology Research Institute (ITRI), a nonprofit research and development organization engaged in applied research and technical service, today held an innovation forum with SRI International to discuss the importance of fostering technological innovation. The event was held at the Crowne Plaza Hotel in Milpitas, California.
Dr. Johnsee Lee, President of ITRI, and Dr. Leonard Polizzotto, Vice President, Business Development and Marketing at SRI International, led a forum titled, "Innovation and Collaboration Across the Pacific." Dr. Lee focused on the unique benefits Taiwan offers to Silicon Valley businesses seeking a presence in Asia. Dr. Polizzotto provided examples of innovation best practices. The event served to educate and engage local business leaders on the expertise that ITRI and SRI International offer.
The dynamics in the Asia-Pacific region provide tremendous strategic opportunities for innovation and collaboration. Companies that successfully leverage this trend can generate higher value for their clients.
"Through our partnership with leading organizations such as SRI International, ITRI has brought some of the best technological talent that Taiwan has to offer to a world market," said Dr. Johnsee Lee, President of the ITRI. "Taiwan has an entrepreneurial culture, which combined with its research and design capabilities, makes the country a great partner for any Silicon Valley company looking for an entry point into Asia."
"Executives and government leaders around the world know that Innovation is key to organizational success and regional economic development," said Dr. Leonard Polizzotto, Vice President, Business Development and Marketing at SRI International. "Partnerships with outstanding organizations such as ITRI and new business models are important strategies for bringing innovations to the marketplace."
About The Industrial Technology Research Institute
ITRI (www.itri.org.tw) has played a vital role for many years in the transformation of Taiwan’s economy. It serves as the R&D center for industry and as an unofficial arm of the government’s industrial policies in Taiwan. In past years, it helped to establish the foundation of Taiwan's semiconductor industry and fostered leading high-tech companies. Spin-off IC companies such as United Microelectronics Corp. (UMC), Taiwan Semiconductor Manufacturing Company (TSMC), Technical Manufacturing Corporation (TMC) and Vanguard International Semiconductor Corporation (VIS) attracted more than US$3.6 billion of investments in IC manufacturing. With more than 5000 scientists and engineers including 850 Ph.D.s, ITRI is the largest industrial R&D organization in Taiwan. Over the past 30 years, ITRI has been very instrumental in the development of Taiwan’s world-class high-tech industries.
About SRI International
Silicon Valley-based SRI International (www.sri.com) is one of the world’s leading independent research and technology development organizations. Founded as Stanford Research Institute in 1946, SRI has been meeting the strategic needs of clients for 60 years. The nonprofit research institute performs client-sponsored research and development for government agencies, commercial businesses, and private foundations. In addition to conducting contract R&D, SRI licenses its technologies, forms strategic partnerships, and creates spin-off companies.
