CITRIS
Applications
Commercial ROI
“Seed New Industries,
Enable New Markets”
Societal ROI
“Address Grand-Challenge
Societal Problems”
“Bio-”
“-Info-”
“-Nano”
Basic Science and Technology
CITRIS began by emphasizing the applications first, and there were a number of reasons for this:
(1)The first 25 years of ICT have been about developing technologies; as mentioned earlier, our faculty believe the ICT revolution has just begun—the next 25 years will be marked by maximum impact in the application of these and to-be-developed technologies
(2)Developing fundamental technologies is what our faculty do and do well and left alone they will continue to do that, and such work is critical. “Bio-Info-Nano” are the topics of the day and our faculty will continue to write competitive proposals and secure funding in these areas. However, balancing that activity with some “force” that emphasizes applications will make the most positive difference to our culture and direction.
(3)Using an application emphasis is the most effective way to break down the barriers between areas like bio, ICT, and nano/new materials and get them to work together on real grand challenge (or even more mundane) problems that require collaboration.
(4)Coming from the application area, we will naturally think about important market and business-related factors like new channels, support and distribution models, how to finance the technologies and its distribution, government regulations, etc. We believe such issues are increasingly important in enabling and proliferating these new developments quickly and effectively.