► Research – particularly in science, technology and medicine

This Major Kind of Research is costly: Both for the facilities and the support infrastructure. Even well - funded academic institutions are finding that such work needs institutional collaboration. This holds for other costs associated with maintaining physical spaces. Knowledge flows almost without friction across geo-political boundaries. Knowledge taught and transformed through entrepreneurial efforts into new products and services and then comes full circle for teaching and reinvention. This virtuous cycle is critical for Regional Developing Countries in a wired world.

Medicine

 

    ►Research Infrastructure

At MUGT, all departments will be equipped with ultra-modern research facilities. Laboratories will boast an extensive range of state-of-the-art equipment. Numerous basic, applied and social research centers of excellence will form the backbone of Research and Development resources. The establishment of the Virtual University and the Regional University system points to the fact that within Developing Countries there is the realization that such collaboration is essential for both education and research. Top Regional Business Schools can forge a new association through which they will share resources and expertise, promote academic and student exchanges and conduct research aimed at boosting Entrepreneurship, job creation and economic development on the Regional Countries.

This Strategy plays a key role in leading Regional Developing Countries towards stronger linkages among Local Business schools as well as global collaboration. Youth unemployment and education are the most pressing challenges in Developing Countries and this Strategy is an important step towards enhancing entrepreneurship across these Countries. A sustainable solution to unemployment is a well-directed entrepreneurship ecosystem and a more effective educational system. The main idea is to build a network that will support entrepreneurship education across Regional Developing Countries.

Other major objectives are to invite collaboration between global business schools in the academic study of entrepreneurship, and to build knowledge bridges with industry. The fuel to innovate is created when people with different experiences, realities, passions and ideas come together with the mandate and support structures to develop new possibilities.

Research and intellectual collaboration in the Developing Countries entrepreneurship space will enable the exploration of the wealth of diversity and contribute to sustainable development. Each Region had areas of expertise, and one initial activity would be to look at how to combine this specialist knowledge and perhaps develop a joint research agenda. Secondly, this strategy would look at faculty exchange so that schools could share experts, as well as at student exchange.

Infra

  • Technology Parks

The past ten years have seen intense attention focused on the interactions between technical change, innovation and economic growth; this in turn has led to the rise of new technological policies. Tools and platforms such as incubators in addition to science and research parks have become an important means for shaping science and technology policy.

TECHNOLOGY PARKSMUGT’s Science and Technology Park will host high-tech companies employing highly trained R&D personnel. The University will enhance R&D potential through University-industry collaboration. These Technology Parks will promote the “peripheral eco-innovation model” that is composed of several units, each feeding the science park with value-adding influxes, including:

  • On / Off Incubation Centers that will help students to transfer their ideas into innovative companies.
  • A Technology Transfer Office that will work for commercialization of research outcomes.
  • A Business Angel Network that will supply the early stage companies with necessary support.
Perks  
  • Some Planned Incubators

UKCommerce&EcoDev061009  
  • Advanced Engineering (robotics)
  • Biotechnology
  • Chemistry
  • Electronics
  • Environment
  • Health Care & Medicine
  • Nano-Technology
  • Renewable Energy
  • Information and Communication Technology.
  Some

  • Start Ups

An apt business idea develops when innovation augment a million-dollar plan. Today innovations drive startups and certain educational startups in some Developing Countries are a result of such innovations. Other Developing Countries allocate new funds to help jobless graduates set up businesses. That established fund is for university graduates to start businesses to help stem the country’s high employment rate.

Most graduates end up on the streets, with some even resorting to vending as Countries economic crisis deepens. Usually, the governments are obligated to set up a Graduate Entrepreneurship and Employment Promotion Program with considerable seed funding to support the creation of business ventures by graduates-University students. These programs accompany entrepreneurial skills development courses designed to help in setting up the businesses.

Start

LEADING GLOBAL STARTUP CITIES

  • Silicon Valley, U.S

 This city is the hotspot of most innovative and successful startups in the world. The city lures some of the best tech startups across the world. There are plenty of benefits that come along with opening a startup in the famed Silicon Valley. The environment here is instilled with technological development and resources. The successful track record places every startup in an advantageous position to enjoy the perks of an already established infrastructure.

1
  • New York City, U.S

The rise of New York City as a startup hub has been commendable. The city hosts a sector that attracts investments and revenues worth billions every year. The growth in venture funding, large exits, urbanization of the startup sector and many such factors have acted as catalysts for driving the success in the city. The availability of the innovative technological tools, creative and ambitious entrepreneurs and digitization of the information-centric industries makes it the second largest startup ecosystem in the world.

2
  • Los Angeles, U.S

The startup scene in Los Angeles has finally come of age after decades of growth process. Strong distribution, execution and customer advocacy has bagged national and global notoriety for the companies here. For years, the city had been typecast as ‘entertained hub’ before the recognition of its blossoming tech sector. The diversification here perfectly suits for local marketplaces and on-demand businesses. The city is home to some of the best engineering talent, high retention rates, affordable cost of living and pleasant weather throughout the year.

3
  • Boston, U.S

One of the oldest cities in U.S., Boston, is place of origin for the tech biggies like Facebook and Dropbox. Boston is also home to the most prestigious universities in the world Harvard and MIT, and has the highest rates of venture capital investment in tech companies across the world. Startups are being funded and fostered here building a powerful ecosystem in the city. Tech and social media biggies like Google, Twitter and many more have their acquisitions in the Boston area.

4
  • London, UK

Although smaller than the Silicon Valley, the startup scene is growing fast in London. The city has shown a steady growth over the past few years owing to the early startup successes, attention from global internet giants, expanding venture capital ecosystem, increased government support and attention of the financial sector. The city has great tech potential which can be witnessed with the surge of cloud-enabled and cloud-focused ventures in the startup sector.

5
  • Chicago, U.S

The robust startup ecosystem in Chicago was built as angel investors started arranging themselves in networks. The deals and investments in the city receive profitable returns. The co-working culture has got everything from real estate or social good incubators to a healthcare, food and veteran tech accelerators. The city ranks amongst the top economies in the world.

6
  • Seattle, U.S

Owing to the weak funding, Seattle dropped down from the fourth to the eighth position. However the funding gap is predicted to narrow down in future and tech would continue driving the startup zone due the presence of tech giants like Microsoft and Amazon. However, the report suggests that the city should improve the women entrepreneur count which is around 9 percent presently.

7
  • Berlin, Germany

The capital of Germany, Berlin, has a burgeoning startup landscape. A survey says that a new venture is launched in Berlin every 20 minutes and the city is predicted to produce 100,000 new jobs by 2020. The vibrant environment, music, fashion, style, art, history of the city attracts not just the tourists but also entrepreneurs from across the world to make investments in this city. Additionally, the easy visa application attracts software engineers to the capital city of Germany.

8
  • Singapore

This small city-state has made it big in the startup zone. Surprisingly, the city has traversed the path from non-existent availability of cash for startup ventures to sudden abundance for the same in no time. The entrepreneurs are tapping into the emerging growth markets here, thereby resulting in explosion of accelerators.

Singapore
  • Tokyo City

The Tokyo city made by Nano blocks at the International Tokyo Show 2014 in Tokyo Big Sight on June 13, 2014. The fair, held from June 12 to June 15, attracts buyers and visitors by introducing the latest products presented by different makers from Japan and overseas.

Tokyo City