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ASIAN INNOVATION AWARDS: 2003 FINALISTS Here's to Innovation By Michael Somers Issue cover-dated October 30, 2003 Novel ideas to improve the quality of life. This is what the REVIEW's Asian Innovation Awards, now in their sixth year, aim to recognize. But in the business world, dreamers need to be pragmatic: A strong business model is just as important as the philanthropic sentiment. To reflect this, the REVIEW, in association with the Economic Development Board of Singapore, is this year introducing the Global Entrepolis @ Singapore Award. While the Asian Innovation Awards acknowledge the inspiration and effort behind life-improving inventions, the Global Entrepolis Award rewards the entry that best applies technology to a strong business model. This year, we received 142 nominations. Twelve were shortlisted for Asian Innovation Awards and will be judged according to three criteria: level of creativity, or degree of innovation; quality of execution, to measure the science, engineering and technology involved; and potential impact on society or quality of life. For the Global Entrepolis Award, six finalists will be judged on these criteria: exploitation of technology in their business or products; the potential to be a global leader or a market leader; exhibited growth for the last three years, for example, in operating profit, size, and market share; and demonstration of a commercially viable business model. The task of picking the winners falls to: Anil Gupta, head of the Society for Research and Initiatives for Sustainable Technologies and Innovations, in India; John Chen, chief executive and president of United States-based solutions provider Sybase; Mechai Viravaidya, chairman of the Population and Community Development Association, in Bangkok; Tony Buss, president and chief executive of MerLion Pharmaceuticals, in Singapore; and Lim Kok Wing, president of the Malaysia Design Technology Centre, in Petaling Jaya. Find out next week who the winners are--and who will take home the inaugural Global Entrepolis Award. No ResultsPlease supply at least one search term. Advertise on feer.com and in FEER |
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