MENLO PARK, Calif., June 17, 2013 /PRNewswire/ -- SRI International, one of the world's leading research and development organizations, and the New Energy and Industrial Technology Development Organization (NEDO), Japan's largest public R&D management organization, are establishing a collaborative program to identify and nurture promising research projects to result in building successful start-up companies in Japan.
Although Japan is a hub of scientific research and home to many well-established, technology-based companies, the country faces challenges commercializing its technology on a global scale. To meet these challenges, SRI and NEDO launch a technology commercialization accelerator program for promising R&D teams. Using SRI's Five Disciplines of Innovation® process—a proven, repeatable method for managing the creation and delivery of new customer value—teams will learn and use a common language and framework for defining innovation, for proposing ideas effectively to the global investment community, and for successfully bringing these innovations to market.
"As Japan's national champion of innovation, NEDO is working with SRI to provide Japanese entrepreneurs with the tools they need to compete with the best in Japan as well as in international markets," said Yoshiaki Tojo, director-general, General Affairs and Policy Planning Department, NEDO.
"NEDO's focus on enhancing Japan's economic competitiveness through hands-on support to industry aligns closely with SRI's approach to value creation, which starts by addressing important market needs," said Stephen Ciesinski, vice president, Strategic Business Initiatives, SRI International. "SRI has been working in Japan for 50 years, and we are proud to now partner on a strategic, long-term program with NEDO that will grow Japan's entrepreneurial community and invigorate its new venture landscape."
About SRI Innovation Programs
SRI teams with corporations, universities, governments, and other organizations around the globe to share its best practices for innovation. Whether the goal is to transform policy, implement new initiatives, increase returns from research investments, or launch new companies or products, SRI's proven processes deliver a repeatable method for managing innovation. More: www.sri.com/innovation
About SRI International
Innovations from SRI International have created new industries, billions of dollars of marketplace value, and lasting benefits to society—touching our lives every day. SRI, a nonprofit research and development institute based in Silicon Valley, brings its innovations to the marketplace through technology licensing, new products, and spin-off ventures. Government and business clients come to SRI for pioneering R&D and solutions in computing and communications, chemistry and materials, education, energy, health and pharmaceuticals, national defense, robotics, sensing, and more. More: www.sri.com
The New Energy and Industrial Technology Development Organization (NEDO) is Japan's largest public organization for promoting research, development and demonstration activities to address energy and global environment issues and consolidate Japan's industrial technologies. NEDO works in close cooperation with industry, academia, and government to leverage the combined strengths of these sectors in undertaking projects that range from basic research for achieving long-term national goals to new technologies ready for application today. More: www.nedo.go.jp/english
SOURCE SRI International