Word: siliconing
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Dates: during 2000-2009
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...research money poured into its sprawling laboratories in Boston and a dizzying number of scientific breakthroughs continue to pour out. Now, University President Lawrence H. Summers wants to capitalize on those breakthroughs by calling in the capitalists and using Harvard’s scientific might to foster a new Silicon Valley for the life sciences. The revolution in microchips will be followed by one in genes and proteins, Summers argues, and Harvard needs to be at the forefront...
...technology and biotechnology is that the pace of discovery—and eventual profitability—is much slower than with easy-to-manufacture microchips. Products such as drugs take decades to pass through strict government reviews. Europeans refuse to eat genetically engineered food. Biotechnology is less of a Silicon Valley-style gold rush than a minefield where only the truly exceptional companies can turn a profit before they burn through all their capital...
...nuclear power." Because it has been promoting wind energy since the 1970s, tiny Denmark has become the world leader in production of wind technology. Last year Danish companies controlled more than 50% of the worldwide market for wind-energy technology. "Our overall goal is to make Denmark into the Silicon Valley of wind turbines," says Peter Hjuler Jensen, head of the wind program at the Ris? National Laboratory outside Copenhagen. Denmark is not the only European country to have bet heavily on the breeze. Germany now has the world's largest installed base of wind turbines, totaling 8,734 megawatts...
DIED. DANIEL CASE III, 44, who, as head of the high-tech banking firm Hambrecht & Quist, and later chairman of J.P. Morgan HQ, helped fuel the Internet explosion of the '90s; of brain cancer; in San Francisco. Case, brother of AOL Time Warner chairman Steve Case, financed such Silicon Valley pioneers as Apple Computer, Adobe Software and Netscape Communications...
...film industries would "leapfrog into the digital age"; and Bio-valley, a still vague attempt to spark off a Malaysian biotechnology industry. Both E-village and Bio-valley are part of the Prime Minister's Multimedia Super Corridor, a hugely ambitious?and expensive?attempt to create an Asian Silicon Valley that is floundering in the wake of the dotcom crash and the U.S. recession...