THA News

The Summit will be hosted by the British University of Dubai in cooperation with the University of Dubai and the American University of Ras Al Khaimah and Mohammed Bin Rashid School of Government.

Innovation has gained a fresh impetus recently in the global economy.  While nations are pacing towards innovative solutions, it is indispensable that Government-Academia-Industry join hands together to progress towards sustainable future.  The Summit will focus on how the three key drivers’ collaboration stimulate effective generation and diffusion of new knowledge and technology required in today’s world.

Join us at the International Summit in Dubai, United Arab Emirates in November this year to explore experienced-based best practices for the tripartite collaboration of knowledge, technology and innovation.

For more information, please contact Mrs Sangeeta Tewar (*email address protected*).

 

 

Do you want to host one a Triple Helix event in your country?

The THA offers an array of meetings from small workshops to bigger events like the Triple Helix Conference and the Triple Helix Summit.

For more information on THA meetings, please consult the THA Meetings Portfolio Presentation in order to select the event which best fits your agenda, and check the Open Call for Proposals to learn how to submit your application.  Both documents are available at www.triplehelixassociation.org/call-future-conference-proposals.  To submit an application, please contact Mrs Maria Laura Fornaci, *email address protected*, THA Executive Director, and Professor Panos Ketikidis, *email address protected*, Chair of the Meetings and Prize and Awards Committee.

Please note that the deadline for receiving 2019 meeting proposals has been postponed to 31 March 2018.

 

 

The THA patronized the International Seminar “Social Innovation: experiences and trends “, on 11-12 January 2018 in Antofagasta (Chile), hosted by the Catolic University of Norte as final event of the FIC-R Project “Enforcement of the Triplehelix innovation mode”.

The event was delivered by prominent international, national and regional speakers, in the areas of  tourism, housing, alternative water and energy sources and social innovation.

 

 

 

On 12 December 2017 at the University of São Paulo, São Paulo, Brazil, a Seminar on Entrepreneurial University linked with the Global Entrepreneurship University Metrics (GEUM) took place at the Institute of Advanced Studies of the University.  The event was an initiative of Nucleus of Policy and Technological Management coordinated by Professor Ary Plonski from the School of Economics, Business and Accounting, also known as FEA-USP.

The Entrepreneurial Universities Observatory was presented by Professor Ary Plonski and Daniel Pimenta Neves, student on the Master’s Degree in Complex Systems Modeling.   It will be a collaborative space of knowledge production, exposition of inspiring case presentations and a hub to connect scholars and practitioners interested in the development of research and practice about the entrepreneurial university.  Its focus is the growing interest and search for active forms capable of dynamizing the interface between university institutions and their socioeconomic environment.

Professor José Eduardo Krieger, Provost for Research at the University of São Paulo, pointed out the relevance of the entrepreneurial university due to the necessity for the university contribution to society and the importance of USP to create mechanisms to continuously attract the best Brazilian students in order to maintain the leadership in research and education in the country.

Marino Hilário presented the new study about the Panorama of USP startup that was developed based on big data methodology matching two databases: Alumni-USP and Junta Comercial de São Paulo, an organization that join information about creation of all the companies established in São Paulo State. They founded that 31,377 of the former students launched a company that is equivalent to 17,21% of all the students that concludes undergrad, master of PhD courses in the university.

The Brazilian University Index – 2017 was presented by Klynsmann Bagatine, vice president of Brasil Junior (association of Brazilian junior enterprises). The index and the associated ranking were prepared by pro-entrepreneurship students’ organizations and is basend on six axes – Entrepreneurial Culture, Innovation, Extension, Infrastructure, Internationalization, and Financial Capital. Data gathering involved consulting more than 10,000 Brazilian university students to assess the characteristics of entrepreneurial universities.

The Global Enterpreneurial University Metrics was presented by Mariza Almeida, professor of Federal University of the State of Rio de Janeiro and vice-president of the Triple Helix Association covering the evolution of the internacional project and the Brazilian study “Proposition and Validation of Entrepreneurial University Indicators”.

She pointed out that the quality education system approved by the Minister of Education doesn’t include indicators directed to evaluate that entrepreneurial dimension of the universities similarly that the GEUM’s findings related to the international university rankings. The survey conducted with 119 Brazilian Universities with qualitative and quantitative questions received a total 40 answers and allowed to evaluate the level of entrepreneurial activities based on some variables, like the stage of the implementation of the intellectual property policy, entrepreneurship courses, number of patents applications, social entrepreneurship and revenues from industry interaction.

 

 

In 2015, the United Nations General Assembly took a historic and visionary step with the adoption of the 2030 Agenda for Sustainable Development.  For the first time at this level, the role of science, technology and innovation has been explicitly recognized as a vital driver of sustainability.  Sustainability depends on the capacity of states to put science at the heart of their national strategies for development, strengthening their capacities and investment to tackle challenges, some of which are still unknown.

Sustainable Development Goals Targets 17.6 and 17.8 respectively aim to ‘Enhance North-South, South-South and triangular regional and international cooperation on and access to science, technology and innovation and enhance knowledge sharing on mutually agreed terms, including through improved coordination among existing mechanisms, in particular at the United Nations level, and through a global technology facilitation mechanism’ and to ‘fully operationalize the technology bank and science, technology and innovation capacity-building mechanism for least developed countries by 2017 and enhance the use of enabling technology, in particular information and communications technology’.

As a people, and on a global scale, we are connected through SDGs.  Different countries have implementation mechanisms to attain the ambitious goals as set out in Agenda 2030.  Young Scientists Kenya exists to contribute to this process.

WHAT IS YOUNG SCIENTISTS KENYA?
Young Scientists Kenya is a unique platform in East Africa, for young people to demonstrate their innovation and showcase their scientific talents.  It is based on the premise that a wealth of talent and potential for innovation exists in Kenya and Africa at large.  Through annual exhibitions, Young Scientists Kenya will help to popularize science and technology amongst young people, and encourage them to develop projects that seek practical solutions to the problems we face within society.  It’s a springboard for future entrepreneurs, innovators, academics, CEOs and scientists, who will contribute towards the attainment of the SDGs.  The aim of Young Scientists Kenya is to create a movement of young scientists, from curiosity to PhDs, and providing a rich STEM pipeline across the education sector.  For Africa to attain the 1m PHDs, there needs to be a much stronger pipeline of young scientist from an early age.  This is what Young Scientists Kenya contributes towards by working in a Triple Helix manner to engage with government, the private sector, academia and the non- state actors.

Science is all around us.  It plays a role in the growth and stability of the world’s economies, making it a priority for each country to develop and nurture young talent in the STEM (Science, Technology, Engineering, Maths) fields.  As the need for critical thinkers, innovators, entrepreneurs, and inventors rises, Young Scientists Kenya invites you to join.

Mr Eric Nyamwaro, National Programmes and Partnerships Director, Young Scientists Kenya,  www.ysk.co.ke.  Follow us on Facebook, Twitter.  Subscribe to Youtube

 

The Workshop – organized by the Herbert Simon Society – took place at the Bank of Italy, Rome, on 6 December 2017.  It aimed at analyse how behavioural finance is impacting on financial policies and regulations.  Behavioral sciences are influencing policy making in many different areas.  Behavioral insights are effective in fiscal, environmental, health, education and security policies and regulations.   Nudge and Behavioral Insights Units and team have been established in most OECD countries.  Their conceptual tools are mainly the behavioural economics and the agent based modelling.  The heuristic revolution is proposing another promising powerful tool for policy makers.

Some are the examples of behavioural finance inspired regulations and policies: the rules for assessing the risk profiles of investors and savers; the behavioural regulations against predatory lending; the proposed particulars for behavioural financial education for financial advisors.  But is behavioural finance a revolution?  A research revolution is a fundamental and sustainable structural change of a science, usually abruptly, or in a relatively short time.  Research revolutions in finance are not prominent.  It is not clear whether the changes highlighted above in the history of financial market research are worth the word revolution at all, since it is usually the case that the old knowledge continues to exist in finance.  Rather, as in economics, there are two fundamental dogmas in Finance, which are always repeated in the sense of the Hegelian dialectic of thesis, antithesis and synthesis.  One dogma is the combination of the rationality of the decision‐makers and the efficiency of the markets, the other the stressing of the decision‐making errors (behavioral biases) and the market anomalies (speculative bubbles, etc.).  Graham and Dodd assumed that the market is not rational because the price is not always equal to the fundamental value.  The mean variance analysis, the CAPM and the efficiency market hypothesis are the counterpoint to this. Behavioral finance comes back to the original realization ‐ but now at a higher level ‐ that investors and markets are not always rational.  Each step seems like a revolution, however, the economic science moves rather in the form of a spiral of thesis, antithesis, neo‐synthesis and Neo‐antithesis, etc.  As Finance continued to develop at the individual and at the market level, the most appropriate image of this development is a double helix: two DNA strands (individual and market levels) move between rational and behavioral view ‐ or between the view that markets are efficient or full of market anomalies. Finally recently there is the birth of what Gerd Gigerenzer (2015) has coined the “heuristics revolution”.

The heuristics revolution in finance requires progress on two levels.  On the one hand, one has to find the intelligent rule of thumb, which works well in the uncertain worlds of financial investments.

On the other hand, one would like to implement these rules, which is the reason for an entrepreneur’s decision‐making.  Also, you should analyze the great investors closely to understand their heuristics and to get suggestions for intelligent rules of thumb.  In addition, good methods are needed to test the rules of thumb (with several back tests and stress tests).  In the sense of the above dialectics of finance, it is also important to identify which of the biases listed in Behavioral Finance as investment mistakes in risk decisions are a clever heuristic in the world of uncertainty.  In addition, one must also lead the other strand of knowledge and develop a new asset pricing model, in which heuristics are an integral part of the decision‐making process.

This first Workshop will have annual frequency aimed to introduce such items and assess their validity.  Moreover it will try to deal with how cognitive and behavioural sciences may contribute to a better financial policy and regulation making.  For example in increasing trust in the financial market or in supporting a growth of capital market for industrial development.

Proceedings of the Workshop will be published in 2018.

 

Tariq Durrani, University of Strathclyde, and Chair of the Future Meetings Committee of the Triple Helix Association, has been elected a Foreign Member of the US National Academy of Engineering (NAE).

Members are elected by their peers and are recognised for their exceptional research, the practice of education and the pioneering of new and developing technologies.  Election to the NAE is one of the highest professional distinctions an engineer can receive during their career.

This is a singular honour since Tariq will be the first person from Scotland to receive such recognition since the inception of the Academy.

Tariq Durrani has overseen the organisation of the Triple Helix International Conferences since 2010.

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• XVI International Triple Helix Conference 2018
• President’s Corner
• VIEWPOINT – Piero Formica
• Twelve Things That Can Drive Triple Helix in Pakistan
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