AFC: Al-Nassr, Al-Hilal set for semi showdown in Riyadh    'Art and Architecture Series' showcases distinct features of Sheikh Zayed Grand Mosque    Saudi Arabia arrests 16,550 illegals in a week    Saudi pavilion at Expo 2020 joins the world in observing World Food Day    UAE, Israel review growing economic ties, agree on promoting tourism cooperation    FDA panel endorses booster shot for J&J COVID-19 vaccine    CDU leader Laschet takes 'responsibility' for election loss    Lt. Col., Nazaha's employees fall into the anti-graft Authority net    PIF announces 'THE RIG.' project    Fatal stabbing of British MP is terrorist incident, police say    Ethiopian avocado farmer's 'transformational' crop    UN condemns 'despicable' suicide attack at Kandahar mosque    Al-Ahmadi highlights Saudi women empowerment at the Third Eurasian Women's Forum    Ministry of Culture inaugurates BIENALSUR Contemporary Art Exhibition in JAX, Diriyah    Step up, urges WHO as figures reveal 1 in 4 adults don't exercise enough    BIENALSUR returns to Saudi Arabia with interactive exhibition    Tributes pour in for killed Kenyan athlete    UN honors Henrietta Lacks, whose cells transformed medical research worldwide    Princess Reema named member of IOC Coordination Commission for Brisbane 2032    Sami's brace seals Saudi Arabia on 4th winning streak in World Cup qualifier Green Tops Group B    Saudis, expats mourn death of prominent Filipino preacher in Riyadh    Bollywood actor Sidharth Shukla dies at 40    Custodian of the Two Holy Mosques Directs KSrelief to Urgently Provide Malaysia with Medical, Preventive Equipment and Supplies to Address COVID-19 Pandemic    Custodian of the Two Holy Mosques Congratulates President of Maldives on Independence Day    Weather Forecast for Sunday    RSNF Commander Patronizes Ceremonial Launching of His Majesty's Ship "Jazan"    OIC Condemns Houthi Attempts to Target Civilians in Saudi Arabia    Philippines evacuates thousands as monsoon rains flood cities, provinces    Heavy rain in India triggers floods, landslides; at least 125 dead    U.S. Records 64,321 New Infections of Coronavirus    Without Fans, Tokyo Olympics Kicked Off    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Dr. Mohammed Sulaiman Al-Jasser, Saudi Arabia's Pick to Chair IsDB Group for the next five years, unanimously approved by BoG Committee of Procedures    Saudi Press: Fitch affirms Saudi Credit Rating at "A" with a revised outlook to stable from negative    Handled Cargo at Saudi Ports Increases during June 2021    SDAIA, DARP & STC Launch Pilgrim's Smart Bracelet (NUSK)    Tabuk sculptor spends 8 years in carving entire Holy Qur'an on 30 marble slabs    2 Goals by Diaz Gives Colombia 3rd Place at Copa America    Legendary actor Dilip Kumar, 98, passes away, and with him an era    Saudi Cinema Night at Arab World Institute in Paris Kicks Off    KSU Leads Joint International Scientific Project for Early Detection of Breast Cancer    Saudi Arabia to Participate in Cannes Film Festival 2021    Arab Cup U-17 Championship Draw Saudi Arabia, Morocco, Palestine, Kuwait, in the 1st Group    AWI Hosts Saudi Cinema Nights in Paris    Brazil Beats Chile at Copa America Despite 2nd-Half Red Card    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Envisioning a knowledge-based economy
Syeda Amtul
Published in The Saudi Gazette on 16 - 02 - 2011

KFUPM is at the center of the Dhahran Techno-Valley (DTV), a technology and research institution in Dhahran, the Eastern Province of Saudi Arabia, which helps local and international companies develop their products and services.
It provides a total business environment that inspires people to excel and a focal point for technical innovation.
“Over the past 15 years, KFUPM has stepped up its research activities and steadily increased its research and development (R&D) output which is evident from its vast publication and patenting portfolio. This drive, among other initiatives, has catapulted KFUPM in the international rankings for higher education institutions,” says Professor Halim Hamid Redhwi, DTV's Assistant Supervisor and Professor, Chemical Engineering Department at KFUPM.
Research and development
DTV is aiming to become the Middle East's most prestigious, industrial research and development (R&D) and technology nucleus. It provides development, production and marketing support services for innovation that originates from academic research, but in a business environment.
It is set up to provide infrastructure for industrial R&D to flourish in the Kingdom and supports local and international companies to develop their products and services.
Redhwi added that, “DTV supports local and international companies to develop their products and services within the Kingdom by localizing technology.”
The major objectives of Dhahran Techno-Valley are:?
q Commercialization of research, both in terms of focusing the university's endeavors towards commercially feasible areas of study as well as minimizing the transition period between technological innovation and its commercial deployment.
q Presenting the Kingdom to the international community as a significant player in high-end research and innovation programs.?
q Providing a strong presence for major international companies and enterprises; thereby channeling world-class technology and practice into local and regional businesses.?
q Providing incubator programs to promote emerging small businesses and enterprises with much-needed technical, financial and administrative support.?
q Utilizing the industrial presence for the benefit of students, thereby providing significant real-world exposure.?
q Generating employment opportunities for students during their course of study and upon graduation, and thus contributing to these business enterprises.?
Integrated ecosystem
Eng. Syed Hussain of DTV said, “The Dhahran Techno-Valley has been established as an integrated ecosystem to drive the knowledge-based economy in KSA.”
DTV consists of six entities namely King Abdullah Bin Abdulaziz Science Park (KASP), Sultan Bin Abdulaziz Science and Technology Center (SciTech), Innovation Center, Business Incubator, Liaison Office and Consultancy Services Center (CSC).
Redhwi said, “King Abdullah Bin Abdulaziz Science Park's (KASP) main vision is to promote research and development aimed at enhancing economic growth in the Kingdom. Located near KFUPM, KASP is the centerpiece of the DTV ecosystem with a mission to foster collaboration with industry to support technology transfer.”
The Park is adjacent to the university and will create a collaborative environment where tenant companies can integrate the most recent technology and tools with new business approaches. KASP is dedicated to research and development and focuses on the following disciplines: petrochemicals, water, petroleum, mineral resources, telecommunication enhancements and business integration.
Petrochemical industries
The KASP houses firms involved in the petrochemical upstream and downstream industries, water resources and information technology (IT) sectors. The primary goals of KASP are:?
q To forge strong collaboration between the university and industry in the areas of research and technology.?
q To promote small technology-specific businesses and start-up enterprises through an incubator program.?
q To direct significant technology-driven foreign investment and presence in the Eastern Province of Saudi Arabia.
The Innovation Center of KFUPM facilitates the flow of technology from university laboratories and research centers to the knowledge-based and technology marketplace. The Business Incubator will support emerging enterprises and commercial start-up small businesses focused on innovations. The Liaison Office's mission is to facilitate and promote the university's capabilities, expertise and services. The Consultancy Services Center will provide professional technical services to the local and regional industries utilizing resources within the DTV.
Hussain further added that, “DTV has established strong and productive links between KFUPM and the industry, and will thus create a cohesive environment in which new industry-relevant technologies are produced and commercialized.”
??Currently 19 multinational and national companies are actively involved at DTV.? Redhwi said, “Dhahran Techno-Valley Company (DTVC) has been established to make an active contribution to developing the knowledge economy through a partnership between education, research institutions and businesses on a commercial basis by investing in the combined projects which will improve the experiences and practical application for students and faculty.”
“DTVC focuses on developing a new innovation-based cluster to produce commercially viable, industry-relevant technologies.? ?Ultimately, DTVC aims to support the evolution of the ecosystem and the emergence of a vibrant knowledge-based economic cluster,” he added.


Clic here to read the story from its source.