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Venture Madness: technology changing economic development

Posted on February 4, 2014 by Richard Wallace |

At the IEDC annual conference in Philadelphia, USA, last October, I participated in a panel entitled, “Transforming Economies: Economic Development 21.0”. The premise of the debate was based on how…

Bringing Africa into the global ecosystem

Posted on August 3, 2013 by Richard Wallace |

Africa is a continent where not much is known by the rest of the world about what goes on in technology innovation. If you are asked about innovation in Africa,…

New York’s Silicon Alley vs London’s Tech City: which is better?

Posted on December 6, 2012 by Richard Wallace |

In the USA, New York’s ‘Silicon Alley’ often gets compared to Silicon Valley in California, so it was interesting to see a different comparison being made as part of a…

Bright ideas driving public sector innovation in austere times

Posted on October 2, 2012 by Richard Wallace |

The focus of many western governments is very single-minded: to reduce public expenditure in order to reduce financial deficits, resulting in sever cuts in public services. They should therefore take…

Learning from Silicon Valley

Posted on May 27, 2012 by Richard Wallace |

I’ve just returned from a week in Silicon Valley. As always, I get a lot of inspiration from the way things work and happen in the Valley. It’s appropriate then,…

Creating successful innovation ecosystems – the rainforest analogy

Posted on May 15, 2012 by Richard Wallace |

We seem to hear more and more about innovation being the key to economic growth around the world. And everyone is talking about how to create successful innovation systems. Not…

Science and technology parks: a growing role in a changing global innovation ecosystem

Posted on May 9, 2012 by Richard Wallace |

Science and technology parks are increasingly an important part of the new global technology revolution, aiming to bring together creative entrepreneurial ideas together with the constituents necessary for commercial impact.

Science parks and innovations clusters grow in 2011

Posted on January 15, 2012 by Richard Wallace |

The key to growth and success of the next Silicon Valley is the growth of its innovation clusters and science parks. These are popping up around the world with…