TECHNOLOGY COMMERCIALIZATION IN UKRAINE
新闻英语测试题及答案
新闻英语测试题及答案一、选择题（每题1分，共10分）1. What is the main topic of the news article?A. The economic situationB. A new technological breakthroughC. A political eventD. A cultural festival2. According to the article, which of the following statements is NOT true?A. The event attracted a large audience.B. The speaker emphasized the importance of education.C. The event was held in a remote area.D. The speaker called for environmental protection.3. What is the purpose of the new policy mentioned in the article?A. To reduce traffic congestion.B. To increase tax revenue.C. To promote tourism.D. To improve public health.4. The article suggests that the company has:A. Expanded its market share.B. Faced financial difficulties.C. Launched a new product line.D. Merged with a competitor.5. What does the term "sustainable development" refer to in the context of the article?A. Economic growth without environmental harm.B. The development of new technologies.C. The increase in population.D. The improvement of living standards.6. The article reports that the government has:A. Introduced new regulations.B. Allocated additional funding.C. Imposed a new tax.D. Announced a public inquiry.7. The author of the article seems to have a(n) ________ attitude towards the issue discussed.A. PositiveB. NegativeC. NeutralD. Critical8. Which of the following is NOT mentioned as a benefit of the new technology?A. Increased efficiency.B. Reduced costs.C. Improved safety.D. Decreased demand.9. According to the article, the majority of the public:A. Supports the proposed changes.B. Opposes the proposed changes.C. Is indifferent to the proposed changes.D. Has mixed opinions about the proposed changes.10. The article concludes by highlighting the need for:A. Greater international cooperation.B. Stricter domestic regulations.C. More public awareness campaigns.D. Additional scientific research.二、填空题（每空1分，共10分）11. The ________ of the new law has been met with mixed reactions from the public.[答案] introduction12. The company has seen a ________ in profits over the past year.[答案] decline13. The ________ of the old bridge has been postponed due to budget constraints.[答案] construction14. The ________ of the new policy is expected to have a significant impact on the industry.[答案] implementation15. The ________ of the event was attended by numerous dignitaries and celebrities.[答案] inauguration16. The ________ of the project is scheduled for next month. [答案] completion17. The ________ of the company has been attributed to its innovative approach.[答案] success18. The ________ of the new initiative has been widely praised by the media.[答案] launch19. The ________ of the old factory site has been approved by the city council.[答案] redevelopment20. The ________ of the new technology is expected to revolutionize the industry.[答案] introduction三、简答题（每题5分，共20分）21. What are the key points of the new policy discussed in the article?[答案] The key points of the new policy include a focus on environmental sustainability, incentives for businesses to adopt green practices, and penalties for non-compliance.22. How does the article describe the impact of the recent economic downturn on the job market?[答案] The article describes the impact as significant, with many industries facing layoffs and a rise in unemployment rates, particularly among young professionals.23. What are the main features of the new technologyintroduced in the article?[答案] The main features of the new technology include advanced data processing capabilities, user-friendly interface, and compatibility with various platforms.24. How does the article summarize the public's reaction to the proposed changes?[答案] The article summarizes the public's reaction as generally positive, with many expressing support for the changes and their potential benefits to society.四、阅读理解题（每题5分，共20分）25. Read the following excerpt from the article and answer the question:"The new initiative aims to bridge the gap between traditional and modern education methods, providing students with a more holistic learning experience."What does the initiative aim to achieve?[答案] The initiative aims to achieve a more holistic learning experience by integrating traditional and modern education methods.26. According to the article。
英语作文-资产管理行业推动科技金融发展,提高金融服务效率
英语作文-资产管理行业推动科技金融发展，提高金融服务效率The rapid advancement of technology has significantly reshaped the landscape of the financial services industry, particularly in the realm of asset management. In recent years, the integration of technological innovations has not only propelled the development of financial technology (fintech) but also greatly enhanced the efficiency and efficacy of financial services.One of the key areas where technology has made profound impacts is in improving the accessibility and transparency of asset management. Traditionally, asset management involved cumbersome processes, extensive paperwork, and manual tracking of investments. However, with the advent of sophisticated algorithms and artificial intelligence (AI), asset managers are now able to analyze vast amounts of data swiftly and accurately. This capability not only facilitates better investment decision-making but also allows for more personalized and responsive client services.Furthermore, the application of big data analytics has revolutionized risk management within asset management firms. By leveraging big data, firms can now identify and assess risks in real time, enabling proactive adjustments to investment portfolios. This proactive risk management approach not only safeguards investments but also enhances overall portfolio performance.In addition to data analytics, blockchain technology has emerged as a transformative force in asset management. Blockchain, with its decentralized and immutable ledger system, offers unparalleled security and transparency in transactions. It has streamlined processes such as fund transfers, asset tracking, and compliance monitoring, thereby reducing costs and minimizing the risks of fraud or errors.Moreover, the rise of robo-advisors exemplifies how technology is democratizing access to asset management services. Robo-advisors utilize algorithms to provide automated, algorithm-driven financial planning services with minimal humanintervention. This not only lowers costs for investors but also extends investment advice to a broader demographic, including those who may have previously been underserved by traditional financial advisors.Beyond operational efficiencies, technology has also fostered innovation in product offerings within asset management. For instance, the advent of exchange-traded funds (ETFs) and other digital investment platforms has allowed investors to access diversified portfolios with greater ease and flexibility. These innovations cater to evolving investor preferences for simplicity, transparency, and cost-effectiveness in their investment choices.Looking ahead, the synergy between asset management and technology is poised to continue shaping the future of finance. Emerging technologies such as machine learning and quantum computing hold promise for further enhancing predictive analytics and investment strategies. Moreover, advancements in cybersecurity will be crucial in safeguarding sensitive financial data and maintaining trust in digital financial ecosystems.In conclusion, the integration of technology into asset management has not only accelerated the pace of financial innovation but has also significantly elevated the efficiency and effectiveness of financial services. As technology continues to evolve, its role in reshaping asset management will be pivotal in driving sustainable growth, enhancing risk management practices, and expanding access to diverse investment opportunities. Embracing these technological advancements will be essential for asset managers seeking to thrive in an increasingly digital and interconnected global economy.。
人工智能帮助商业发展英语作文
人工智能帮助商业发展英语作文In today's rapidly evolving business landscape, artificial intelligence (AI) has emerged as a powerful tool driving innovation and growth. From streamlining operations to enhancing customer experiences, AI technologies are reshaping the way businesses operate and compete in the global market.One of the most significant ways AI aids in business development is through data analysis and insights generation. With the vast amounts of data generated every day, businesses can leverage AI-powered analytics tools to extract valuable insights and trends, enabling informed decision-making. By understanding customer preferences, market trends, and competitor strategies, companies can tailor their products and services to meet evolving demands effectively.Moreover, AI enhances operational efficiency by automating repetitive tasks and processes. Routine administrative duties, such as data entry, invoice processing, and customer support, can be streamlined using AI-driven solutions like chatbots and robotic process automation (RPA). This not only reduces operational costs but also frees up human resources to focus on higher-value tasks that require creativity and critical thinking.Furthermore, AI plays a pivotal role in enhancing marketing strategies and customer engagement. Through machine learning algorithms, businesses can analyze vast amounts of customer data to personalize marketing campaigns and recommendations. Whether it's predicting consumer behavior or segmenting target audiences, AI enables businesses to deliver relevant content and offers, thereby increasing conversion rates and fostering customer loyalty.In addition to improving internal operations and customer interactions, AI also facilitates innovation and product development. By harnessing AI technologies such as natural language processing (NLP) and computer vision, companies can develop innovative products and services that address unmet market needs. Whether it's designing autonomous vehicles, optimizing supply chain logistics, or creating personalizedhealthcare solutions, AI-driven innovation has the potential to revolutionize industries and create new market opportunities.Furthermore, AI enables businesses to stay competitive in an increasingly digital world. By embracing AI-powered tools and technologies, companies can adapt to changing market dynamics and stay ahead of the curve. Whether it's predicting market trends, mitigating risks, or optimizing resource allocation, AI empowers businesses to make data-driven decisions that drive sustainable growth and profitability.In conclusion, artificial intelligence is a transformative force that is reshaping the business landscape in profound ways. From data analytics to operational efficiency, marketing strategies to innovation, AI offers unprecedented opportunities for businesses to thrive in an ever-changing environment. By harnessing the power of AI, companies can unlock new levels of productivity, profitability, and competitive advantage, ensuring long-term success in the digital age.。
人工智能崛起 新质生产力 外语专业
人工智能崛起新质生产力外语专业下载提示：该文档是本店铺精心编制而成的，希望大家下载后，能够帮助大家解决实际问题。
文档下载后可定制修改，请根据实际需要进行调整和使用，谢谢!本店铺为大家提供各种类型的实用资料，如教育随笔、日记赏析、句子摘抄、古诗大全、经典美文、话题作文、工作总结、词语解析、文案摘录、其他资料等等，想了解不同资料格式和写法，敬请关注!Download tips: This document is carefully compiled by this editor. I hope that after you download it, it can help you solve practical problems. The document can be customized and modified after downloading, please adjust and use it according to actual needs, thank you! In addition, this shop provides you with various types of practical materials, such as educational essays, diary appreciation, sentence excerpts, ancient poems, classic articles, topic composition, work summary, word parsing, copy excerpts, other materials and so on, want to know different data formats and writing methods, please pay attention!人工智能崛起：外语专业的新质生产力引言随着人工智能技术的迅猛发展，它已经渗透到了几乎所有行业，对于外语专业来说，人工智能的崛起不仅仅意味着技术的进步，更是一种新的生产力的涌现。
银行业的金融科技发展方向与应用案例分析
银行业的金融科技发展方向与应用案例分析引言随着信息科技的迅猛发展，金融科技（Fintech）正成为全球金融领域的重要趋势。
作为金融服务业的重要组成部分，银行业也在积极探索和应用金融科技。
本文将从发展方向和应用案例两个层面对银行业的金融科技进行分析，并探讨其对银行业未来的影响。
一、银行业的金融科技发展方向1. 数字化转型数字化转型是银行业在互联网时代面临的新任务。
通过构建数字化、智能化、安全可靠、高效便捷的金融服务体系，实现从传统银行到数字化银行的转型升级。
这包括开展电子支付、虚拟账户管理、移动理财等创新业务模式，提供更加便捷高效的客户体验。
2. 人工智能和大数据人工智能和大数据已经在诸多领域取得了突破性进展，这也为银行业带来了无限可能。
通过运用人工智能技术和大数据分析，银行可以更好地进行风险管理、反欺诈及全面客户画像等工作。
同时，人工智能机器人和智能客服也可以为客户提供更全面、更个性化的金融服务。
3. 区块链技术区块链技术被认为是继互联网之后的一项重要创新。
银行业作为信息中介和信用背书机构，可以通过区块链技术改善信用查询、跨境支付和普惠金融等方面的问题。
此外，区块链技术还可以帮助银行提高交易速度和安全性，减少操作成本。
4. 云计算与移动互联网云计算和移动互联网已经成为当今社会最前沿的信息技术。
银行业可以通过基于云计算的架构建设实现IT资源共享和灵活扩展；同时，移动互联网可以让客户随时随地进行金融操作，并提供更加便捷的服务体验。
二、金融科技在银行业中的应用案例1. 支付宝与微信支付支付宝与微信支付作为中国最具代表性的两个移动支付平台，在用户数量和使用场景方面开创了先河。
通过手机应用程序，用户可以进行线上和线下的支付操作，大大提高了支付效率和便利性。
这两个移动支付平台也在一定程度上推动了电子商务的发展。
2. 人工智能风控系统银行通过引入人工智能风控系统，可以更好地对借款人的信贷风险进行评估和管控。
这些系统能够自动分析大量的数据并进行预测模型的训练，实现更准确、快速的决策。
Ethics in the application of AI in learning
Digital Communication EthicsEthics in the application of artificial intelligence in learningIntroductionAlong with the development of digital technologies, particularly artificial intelligence (AI) technology, today’s education has been upgraded from internet-enabled education to AI-enabled education. AI has a wide range of application scenarios in education, including adaptive assessment, personalized learning, and virtual reality teaching. With the help of AI, students could adopt personalized, interactive and efficient learning methods; while teachers can gain accurate and real-time teaching and management support. However, the application of such digital technologies results in several ethical problems, such as the invasion on the privacy of students and increasing educational inequality. Under this condition, it is crucial to explore how ethical problems in the application of AI in learning could be addressed. Ethical analysisIn the past few years, generative AI has developed quickly and has caused profound impacts on many different fields, including education. This is particularly significant after the emergence of ChatGPT, which is a typical generative tool that driven by AI technology. Generative AI makes use of a large amount of publicly available data to generate humanlike text, and has been proven as an efficient tool in writing texts (Grassini, 2023). As a result, generative AI like ChatGPT currently has become an important tool that used by students to assist their learning. In addition, Nguyen et al (2023) also suggest that the application of AI in education could help enhance the understanding of the learning of students and improve their learning performances. Grassini (2023) points out that AI could be applied for essay grading, delivering feedbacks to students, and the evaluation of students’ learning challenges. However, the use of such technology also causes the ethical crisis of academic integrity (Grassini, 2023). Technology is a double-edged sword. On the one hand, it could help increase the efficiency and bring positive impacts for learning; but on the other hand, there is also a need to consider and address the ethical dilemmas caused by the application of the technology.In general, the application of AI in learning could generated ethical problems in three important fields, namely policy, academic and practical fields. At present, although AI has experienced a quick development at the global level in the past years, there is still a lack of effective policy or regulation to address the ethical problems that caused by the application of AI in education (Holmes et al, 2021). It should be noticed that this situation has been improved in recent years with increasing attention attached to the ethical problems caused by the application of AI in education. However, as it is claimed by Nguyen et al (2023), although increasing countries have started to publish guidelines for the ethical use of AI in education, there is still no clear understanding about what ethical principles should be included to guide the design, development, and application of ethical AI in education. Garrett et al (2020) also state that since AI education is still in its infancy stage of development, ethical guidance for AI education currently is an embryo. This means that the existing policies and regulations to regulate ethical problems in the application of AI for education are still limited. Moreover, Mittelstadt (2019) points out that although ethical guidelines are increasingly introduced, they often do not end in tangible implementation. This suggests the need to enhance the implementation of ethical guidelines for AI education.Student plagiarism is also an important ethical concern about the application of AI in learning. With the development of AI technology, AI writing tools have been widely used by students in their learning practices (Grassini, 2023). This brings negative impact on the academic integrity in the learning process. An important solution to deal with this problem at present is the use of plagiarism-detection tools. However, the advance in generative AI tools like ChatGPT makes it difficult to successfully detect plagiarized contents since the generative AI tools could circumvent plagiarism detectors. Under this condition, the detection of AI-generated contents becomes particularly important to address the ethical problem along with the evolution of AI technology. More importantly, whether the contents that generated by students with generative AI tools are still original contents is still remained debated. However, it is also argued that the use of AI for writing and learning does not necessary result in plagiarism behavior as some stents may not use such tool to cheat on their assignments, but to learn how to improve the writing performance (Cotton et al, 2023). From this perspective, the application of AI couldnot be identified as the fundamental cause of the ethical problem of plagiarism. This actually adds barriers and difficulties to the development and implementation of ethical guidelines for the application of AI in learning.Another important ethical problem that caused by the use of AI in learning is inequality in education (Schiff, 2022). As it has been mentioned above, it has been argued that AI is not always used by students for academic dishonesty. Instead, AI could be applied by students to improve their academic performances and acquire better academic skills. However, despite such possible benefits, the use of AI in learning may cause an inequal academic playing field (Cotton et al, 2023). An important cause of this ethical problem is the inequal access to AI. Due to the powerful capabilities of AI, students with the access to AI are more likely to gain unfair advantage over those without the access to AI or students who choose not to use AI for learning because of ethical considerations. As a result, the personal efforts and hard work of students who do not use AI may be neglected in academic recognition and assessment. It adds barriers for educators to accurately assess the academic performances of different students. Moreover, it is also suggested that the use of AI for learning also adds barriers and difficulties for educators to evaluate students’ understanding of learning materials. With the help of AI, students may still demonstrate good performance in assessments without the clear understanding of the learning materials.Original CODE of ethicsAccording to Holmes et al (2018), the main problems that related with the management ethical issues that related with the use of AI in learning include the lack of research, the lack of ethical guidelines, and the lack of policies and regulations to address ethical issues. Hence, there is a need to develop new ethical guidelines and codes in order to address ethical issues that involved in the application of AI for learning. This section proposes the original codes to deal with the main ethical issues that involved in the use of AI for learning.There are many ethical issues that involved in the application of AI for learning, such as fairness, privacy, informed consent, accountability, biases, transparency, and identity and confidentiality (Sacharidis et al, 2020; Nguyen et al, 2023). As it has been suggested by previous studies (e.g.,Holmes et al, 2021; Slade & Prinsloo, 2013), the ethics in AI learning actually involve in several important problems, including the purpose of education, surveillance, the management of student data, power relations, and informed consent and privacy. This reveals that there is actually a wide range of ethical issues should be addressed in the application of AI in learning. The codes that proposed in this section attempts to address these ethical issues, and also attempt to regulate the behaviors of different stakeholders, including educators, students, AI developers, and education departments. Nguyen et al (2023) have proposed several ethical principles for the application of AI in learning, including multistakeholder, international cooperation, transparency, accountability, responsibility, local alignment, data privacy, safety, diversity, inclusiveness, human oversight, human dignity, and human right. These principles are integrated into the development of the below proposed codes.Table 1: The codes of ethicsProposal for an INTERVENTIONAs the application of AI in learning involves in several ethical problems, there is a need to develop effective intervention in order to address the problems. The intervention should emphasize on the all-round development of people, focus on educational equity and student needs, and establish a sound legal protection and regulatory framework in order to address the ethical dilemmas faced in the application of AI in learning. First of all, it is suggested that the intervention should be based on the people-oriented principle. Education is centered on human development and pays attention to the future of human development and social inclusiveness. This is the basic value concept and basic principle for constructing educational ethics.The application of AI in education should be centered on the needs and interests of students and promote their cognitive, emotional, social and creative development, so it needs to be closely scrutinized to ensure that it serves human development goals (Kiemde & Kora, 2022). At present, some schools have deployed intelligent monitoring in classrooms, which can capture students' behavioral data in real time and determine whether they are studying. Although this method has a good effect on correcting students' bad behavior, it is also suspected of being intrusive and dehumanizing, which will cause anxiety and rejection in students, and a crisis of trust between teachers and students. Therefore, this should be avoided in the use of AI in the field of education.To implement the people-centered principle, it is also essential to pay attention to the individual differences and diversity of students, meet individual needs through personalized learning paths and teaching strategies, and promote the all-round development of students (Holmes & Porayska-Pomsta, 2022). Teachers play an irreplaceable role in education. Even with the assistance of AI technology, they still need to take the lead. In addition, teachers and developersalso need to receive ethics training to increase their awareness and sensitivity to ethical issues so that they can make scientific and reasonable decisions when using AI applications. Furthermore, the intervention should also integrate legal requirements. Both ethics and law are important components of social norms. Different from morality, law is a code of conduct formulated and enforced by the state. When people cannot restrain themselves morally, law can come into play. At present, the public's awareness of AI ethics is weak, and incidents similar to infringement of personal privacy rights are very common. The root cause is the lack of ethical regulations and the lack of relevant laws and regulations (O'Sullivan et al, 2019).In the education field, students are the most vulnerable group, and the abuse of their data is still a serious problem. Legal protection is the last line of defense for students' interests. First, governments should formulate strict data protection regulations to ensure that personal data is used legally, compliantly and safely in AI education applications. Second, there is also a need to establish an independent regulatory agency or committee responsible for supervising the ethical behavior and compliance of AI educational applications (Holmes & Porayska-Pomsta, 2022). Third, it is suggested that governments should strengthen the legal responsibility and investigation mechanism for illegal activities in AI education applications, clarify the responsibilities of developers and educational institutions in terms of data use, privacy protection and ethical norms, and those who violate the regulations should bear the corresponding legal consequences. At last, international cooperation is also necessary in the intervention. Governments should strengthen international cooperation and experience sharing, actively participate in the formulation of international standards, and ensure that the ethical norms for the application of AI in education are universal.ReferencesCotton, D. R., Cotton, P. A., & Shipway, J. R. (2023). Chatting and cheating: Ensuring academic integrity in the era of ChatGPT.Innovations in Education and Teaching International, 1-12.Garrett, N., Beard, N., & Fiesler, C. (2020, February). More than" If Time Allows" the role of ethics in AI education. In Proceedings of the AAAI/ACM Conference on AI, Ethics, and Society(pp. 272-278).Grassini, S. (2023). Shaping the future of education: exploring the potential and consequences of AI and ChatGPT in educational cation Sciences,13(7), 692.Holmes, W., & Porayska-Pomsta, K. (Eds.). (2022).The Ethics of Artificial Intelligence in education: Practices, challenges, and debates. Taylor & Francis.Holmes, W., Porayska-Pomsta, K., Holstein, K., Sutherland, E., Baker, T., Shum, S. B., ... & Koedinger, K. R. (2021). Ethics of AI in education: Towards a community-wide framework.International Journal of Artificial Intelligence in Education, 1-23.Kiemde, S. M. A., & Kora, A. D. (2022). Towards an ethics of AI in Africa: rule of education.AI and Ethics, 1-6.Mittelstadt, B. (2019). Principles alone cannot guarantee ethical AI.Nature machine intelligence,1(11), 501-507.Nguyen, A., Ngo, H. N., Hong, Y., Dang, B., & Nguyen, B. P. T. (2023). Ethical principles for artificial intelligence in cation and Information Technologies,28(4), 4221-4241. O'Sullivan, S., Nevejans, N., Allen, C., Blyth, A., Leonard, S., Pagallo, U., ... & Ashrafian, H. (2019). Legal, regulatory, and ethical frameworks for development of standards in artificial intelligence (AI) and autonomous robotic surgery.The international journal of medical robotics and computer assisted surgery,15(1), e1968.Sacharidis, D., Mukamakuza, C. P., & Werthner, H. (2020, July). Fairness and diversity in social-based recommender systems. In Adjunct Publication of the 28th ACM Conference onUser Modeling, Adaptation and Personalization(pp. 83-88)Schiff, D. (2022). Education for AI, not AI for education: The role of education and ethics in national AI policy strategies.International Journal of Artificial Intelligence in Education,32(3), 527-563.Slade, S., & Prinsloo, P. (2013). Learning analytics: Ethical issues and dilemmas.American Behavioral Scientist,57(10), 1510-1529.。
重大社2023《跨境电子商务英语》教学课件Lesson 3
2023/12/2
跨境电子商务英语
Words & Expressions
Words
(6)impetus: a force that moves something along (动力) e.g: Children need an impetus to study. The treaty gave a fresh impetus to trade. (7)a flood of: an overwhelming(巨大的) number or amount of e.g: a flood of request He received a flood of letters from the constituents.
2023/12/2
跨境电子商务英语
Words & Expressions
Expressions
3. EDI enjoys advantages and tremendous strength in decreasing enormously the intensity, mistakes and cost to make and handle documents on the one hand, and in improving efficiency to a large extent on the other hand.
Analysis: EDI enjoys advantages and tremendous strength in decreasing enormously the intensity, mistakes and cost to make and handle documents on the one hand, and in improving efficiency to a large extent on the other hand.
科技和创新的英语作文
In the contemporary world,the role of technology and innovation is paramount. Here is a detailed essay on the subject:Introduction:The essence of human progress has always been intertwined with the development of technology and the spirit of innovation.From the invention of the wheel to the creation of the internet,each leap in technological advancement has marked a significant shift in the way we live,work,and communicate.The Impact of Technology:Technology has revolutionized various sectors,including healthcare,education, transportation,and communication.For instance,medical technology has enabled the development of advanced diagnostic tools and treatments,improving patient outcomes and extending life expectancy.In education,digital platforms and online learning have made knowledge accessible to a global audience,breaking geographical barriers. Innovation as a Catalyst:Innovation is the driving force behind technological progress.It is the process of translating an idea or invention into a good or service that creates value or for which customers will pay.Innovations such as smartphones,electric cars,and renewable energy technologies have not only created new markets but have also spurred economic growth and job creation.The Role of Research and Development:Investment in research and development RD is crucial for fostering innovation. Governments and private sectors alike must allocate resources to support RD activities in various fields.This not only leads to the creation of new technologies but also encourages a culture of creativity and problemsolving.Challenges and Ethical Considerations:While technology and innovation bring numerous benefits,they also present challenges. Issues such as privacy,cybersecurity,and the digital divide are pressing concerns that need to be addressed.Moreover,ethical considerations must guide the development and application of new technologies to ensure they are used responsibly and for the greater good.The Future of Technology and Innovation:Looking ahead,the integration of artificial intelligence,machine learning,and quantum computing is expected to bring about unprecedented changes.These technologies hold the potential to solve complex problems,from climate change to personalized medicine,but they also require careful stewardship to navigate the ethical and societal implications. Conclusion:In conclusion,technology and innovation are the cornerstones of modern society.They have the power to transform lives,economies,and the world at large.It is imperative that we continue to invest in and support these areas,while also ensuring that we address the challenges and ethical dilemmas they present.By doing so,we can harness the full potential of technology and innovation for the benefit of all.。
中国在ai行业的优势英语作文
中国在ai行业的优势英语作文English: China has emerged as a powerhouse in the AI industry, thanks to its strong government support, vast pool of data, and a large talent pool. The Chinese government has made AI a national priority, investing heavily in research and development, infrastructure, and talent cultivation. With the support of initiatives such as the "AI " plan, China aims to become a global leader in AI by 2030. In addition, China's huge population and rapidly growing digital economy have generated a massive amount of data, providing AI companies with invaluable resources for training and improving algorithms. Furthermore, China boasts a large and well-educated workforce, with many talented engineers and researchers specializing in AI. With companies like Baidu, Alibaba, and Tencent leading the way in AI innovation, China has the potential to dominate the global AI market in the years to come.中文翻译: 中国已经成为人工智能行业的一股强大力量，得益于强大的政府支持、庞大的数据池和庞大的人才库。
英语作文-5G时代国内外电信行业的新商业模式探索
英语作文-5G时代国内外电信行业的新商业模式探索In the era of 5G, the telecommunications industry both domestically and globally is undergoing profound transformations, exploring new business models to capitalize on the capabilities and opportunities brought by this advanced technology.5G, the fifth-generation wireless technology, promises ultra-fast data speeds, low latency, and massive connectivity, which are revolutionizing various sectors including telecommunications. One of the significant shifts in the industry is the move towards network slicing. Network slicing allows operators to create multiple virtual networks within a single physical 5G network. Each slice can be optimized to meet specific requirements of different applications or customers, whether it's ultra-reliable low-latency communications (URLLC) for autonomous vehicles or enhanced mobile broadband (eMBB) for streaming high-definition content.Moreover, the 5G era is fostering collaborations across industries through the Internet of Things (IoT) and edge computing. IoT devices, enabled by 5G, can collect and transmit data in real-time, facilitating applications in smart cities, healthcare, agriculture, and more. Edge computing complements 5G by processing data closer to where it's generated, reducing latency and enabling faster response times for critical applications.Internationally, telecom companies are exploring innovative revenue streams beyond traditional connectivity services. For instance, partnerships with content providers for exclusive 5G-enabled content, such as virtual reality experiences or live sports events, aim to attract and retain subscribers in competitive markets. Additionally, some operators are investing in smart infrastructure solutions, leveraging 5G's capabilities to offer services like remote monitoring and predictive maintenance for industries ranging from manufacturing to energy.Domestically, Chinese telecom giants are leading in 5G deployment and innovation. Companies like Huawei, ZTE, and China Mobile have spearheaded large-scale trials andcommercial launches of 5G networks across major cities. These efforts not only showcase China's ambition to dominate the global 5G market but also stimulate domestic innovation in applications such as smart manufacturing, autonomous driving, and telemedicine.Furthermore, regulatory frameworks play a crucial role in shaping 5G's commercial landscape. Governments worldwide are adapting policies to facilitate 5G deployment while addressing security and privacy concerns. In China, regulatory support has accelerated infrastructure development and encouraged private sector investments in 5G technology and applications.In conclusion, the 5G era is catalyzing a paradigm shift in the telecommunications industry, redefining business models and unlocking new opportunities for growth and innovation. As global competition intensifies, companies that successfully navigate these changes by leveraging advanced technologies and strategic partnerships will likely emerge as leaders in shaping the future of connectivity and digital transformation.。
你眼中的电商专业600字作文
你眼中的电商专业600字作文英文回答：In my opinion, the e-commerce major is a very promising field in today's digital era. With the rapid development of technology, more and more people are turning to online shopping for their convenience and efficiency. As a result, the demand for professionals in the e-commerce industry is also increasing.One of the reasons why I believe the e-commerce major is important is because it provides opportunities for individuals to start their own businesses. With platforms like Amazon and Alibaba, anyone can become a seller and reach a global market. This opens up a whole new world of possibilities for entrepreneurs. For example, a friend of mine started her own online clothing store and within a year, she was able to quit her job and focus on her business full-time. This success story is just one example of how the e-commerce major can lead to financialindependence and success.Another reason why the e-commerce major is valuable is because it allows companies to expand their reach andtarget a wider audience. Traditional brick-and-mortarstores are limited by their physical location, but with e-commerce, businesses can sell their products to customersall over the world. This not only increases sales potential, but also allows companies to gather data and insights about their customers' preferences and behavior. For instance, a multinational retailer like Zara can analyze online sales data to determine which products are popular in different regions and adjust their inventory accordingly.Furthermore, the e-commerce major equips students with essential skills that are in high demand in today's job market. For example, students learn about digital marketing strategies, data analysis, website design, and customer relationship management. These skills are not onlyapplicable to e-commerce, but also to other industries that are becoming increasingly digitized. This means that graduates with an e-commerce major have a wide range ofcareer opportunities, from working for e-commerce platforms to consulting for companies on their digital strategies.中文回答：在我看来，电商专业是当今数字时代非常有前景的领域。
工银科技 英语
工银科技英语In the fast-paced world of financial technology, ICBC Technology (hereinafter referred to as "ICBC Tech") stands as a beacon of innovation and excellence. At the forefrontof digital transformation, ICBC Tech has been pioneering new technologies and solutions that are not only revolutionizing the banking industry but also setting new standards for financial services globally.Founded as a subsidiary of Industrial and Commercial Bank of China (ICBC), one of the largest banks in the world, ICBC Tech inherits the rich heritage and extensive networkof ICBC while embracing a forward-thinking approach to technology. This unique blend of traditional banking wisdom and cutting-edge technology enables ICBC Tech to offer innovative solutions that meet the evolving needs of customers in today's interconnected world.One of the key areas where ICBC Tech has madesignificant strides is in the realm of artificialintelligence (AI). Leveraging advanced algorithms and machine learning techniques, ICBC Tech has developed AI-powered services that enhance customer experience, improveoperational efficiency, and mitigate risks. These services range from intelligent customer service chatbots to fraud detection systems that can identify suspicious transactions in real-time.Blockchain technology is another area where ICBC Tech has been actively exploring. With its immutable and secure nature, blockchain has the potential to revolutionize financial transactions and processes. ICBC Tech has been working on various blockchain-based projects, including the development of a digital asset exchange platform and a supply chain finance solution that leverages distributed ledger technology to improve transparency and efficiency. In addition to AI and blockchain, ICBC Tech has also been at the forefront of cloud computing and big data analytics. By leveraging the cloud, ICBC Tech has been able to scale its operations and services quickly, while big data analytics has provided insights into customer behavior and market trends, enabling more targeted and effective product and service offerings.The impact of ICBC Tech's innovations is not limited to the banking industry alone. Its solutions and services havethe potential to transform other sectors as well, such as healthcare, retail, and transportation. By leveraging its vast network and expertise, ICBC Tech is working with partners across different industries to create innovative solutions that address common challenges and create new opportunities.As the world increasingly becomes more digital and interconnected, the role of financial institutions like ICBC Tech becomes increasingly important. With its commitment to innovation and excellence, ICBC Tech is poised to lead the financial technology revolution and shape the future of financial services globally.**工银科技：金融科技的新篇章**在快速发展的金融科技领域，工银科技（以下简称“工银科技”）成为了创新与卓越的标杆。
英国阿伯泰大学介绍
英国阿伯泰⼤学介绍学校名称：所在位置：英国创建时间：1888学校中⽂⺴址： 苏格兰阿伯泰⼤学建于1888年，是⼀所国际认可的⼤学。
下⾯是店铺为⼤家整理并翻译的阿伯泰⼤学介绍，希望对有意留学英国和想了解英国⼤学的学⽣有⽤。
欢迎阅读。
Abertay University is an internationally recognised institution dating back to 1888, when it was founded to offer opportunities of higher education to working people in Dundee. Today, the university is recognised for its achievements in teaching, learning, and research that directly support the industry of today and the future. 阿伯泰⼤学建于1888年，是⼀所国际认可的⼤学。
学校的初衷是为邓迪的⼯⼈提供⾼等教育学习机会。
今天，阿伯泰⼤学在教学、学习和研究⽅⾯已得到认可;学校的教学、学习和研究直接服务于当下和未来产业。
Situated in Dundee – Scotland’s fourth largest city – Abertay has just over 6,100 students. Around half of these are from Scotland, but 65 countries are represented in the student community. The small size of Abertay University is one of its main strengths – not only for its students, but for its academics as well: the university is home to world-leading inter- and cross-disciplinary research teams who find creative solutions to real-world problems. 阿伯泰⼤学位于苏格兰第四⼤城市邓迪，有6100多名学⽣。
英国数字经济产业发展趋势
英国数字经济产业发展趋势The Development Trends of the UK Digital Economy IndustryI. IntroductionThe digital economy is now a vital component of the global economy. Over the past few decades, technological advancements have revolutionized industries and transformed the way we live and work. The United Kingdom (UK) has emerged as a global leader in the digital economy, with a rapidly expanding industry that contributes significantly to the country's GDP. In this paper, we will explore the development trends of the UK digital economy industry and analyze the factors that have contributed to its success.II. Overview of the UK Digital Economy IndustryThe UK digital economy industry refers to the economic activities related to digital technologies, including the production, distribution, and consumption of digital goods and services. It encompasses various sectors such as e-commerce, digital media, software development, and information technology (IT) services. According to the Department for Digital, Culture, Media & Sport (DCMS), the digital sector contributed approximately £149 billion to the UK economy in 2018, accounting for 7.7% of the country's total GDP. The sector has been growing at a faster rate than the overall economy, creating thousands of new jobs and attracting significant investments from both domestic and international players.III. Factors Driving the Growth of the UK Digital Economy IndustrySeveral factors have contributed to the rapid growth of the UK digital economy industry. These include:1. Government Support and Investment: The UK government has recognized the importance of the digital economy and has implemented various policies to support its growth. Initiatives such as Tech Nation, the Digital Skills Partnership, and the Industrial Strategy Challenge Fund have provided funding and support to startups, encouraged digital skills development, and promoted research and innovation.2. Strong Technological Infrastructure: The UK has a robust technological infrastructure, including high-speed internet connectivity, advanced telecommunications networks, and cutting-edge research institutions. This infrastructure has facilitated the growth of digital businesses and attracted foreign investment.3. Highly Skilled Workforce: The UK has a highly skilled and educated workforce, with a strong emphasis on science, technology, engineering, and mathematics (STEM) education. This has provided a pool of talent for the digital economy industry, ensuringa steady supply of skilled professionals.4. Access to Capital: London, the capital city of the UK, is one of the world's leading financial centers. The city has a vibrant venture capital ecosystem, with many investors willing to fund promising digital startups. This availability of capital has attractedentrepreneurs from around the world, further fueling the industry's growth.IV. Key Trends in the UK Digital Economy Industry1. E-commerce: The rise of e-commerce has significantly impacted the retail industry in the UK. With the advent of internet shopping, traditional brick-and-mortar retailers have faced stiff competition from online giants like Amazon and digital-native companies. Furthermore, the COVID-19 pandemic has accelerated the shift towards online shopping, with more consumers relying on e-commerce platforms for their daily needs.2. Artificial Intelligence (AI) and Machine Learning: AI and machine learning technologies have gained prominence in recent years, transforming various industries such as healthcare, finance, and cybersecurity. The UK has been at the forefront of AI research and development, with companies like DeepMind leading the way. The application of AI and machine learning in business processes is expected to increase productivity and efficiency, further driving the growth of the digital economy industry.3. FinTech: FinTech, the intersection of finance and technology, has emerged as a thriving sector within the UK digital economy industry. London has become a global hub for FinTech startups, with companies like Revolut and TransferWise gaining international recognition. The sector has disrupted traditional banking and financial services, offering innovative solutions such as peer-to-peer lending, digital payments, and robo-advisory services.4. Cybersecurity: As the digital economy industry expands, so does the need for robust cybersecurity measures. Cyber threats have become more sophisticated, targeting both businesses and individuals. The UK has acknowledged the importance of cybersecurity and has invested in initiatives such as the National Cyber Security Centre (NCSC) to protect against cyber attacks. The demand for cybersecurity products and services is expected to grow, driving further innovation in this sector.V. Challenges and OpportunitiesWhile the UK digital economy industry has experienced significant growth, it faces several challenges and opportunities:1. Regulatory Environment: The digital economy operates in a complex regulatory landscape, raising concerns about data privacy, intellectual property rights, and competition. The UK government has taken steps to address these issues, such as implementing the General Data Protection Regulation (GDPR) and conducting inquiries into dominant tech companies. Balancing innovation and regulation will be crucial to sustain industry growth.2. Digital Skills Gap: Despite the UK's emphasis on STEM education, there is still a shortage of digital skills in the workforce. This gap poses a challenge to the industry's growth potential. The government and industry stakeholders need to invest in digital skills training and education to bridge this gap and ensure a pipeline of talent in the digital economy.3. Digital Inclusion: While the UK has a high rate of internet penetration, there are still segments of the population that lack access to digital technologies. Achieving digital inclusion is crucial to ensure equal participation in the digital economy and avoid exacerbating social inequalities. Efforts should be made to provide affordable and accessible digital infrastructure and promote digital literacy among all communities.4. International Collaboration: The digital economy is inherently global, with cross-border flows of data, investments, and talent. Collaborating with international partners can help the UK digital economy industry access new markets, share knowledge, and drive innovation. Strengthening international partnerships, particularly in areas such as research and development, will enhance the competitiveness of the UK industry.VI. ConclusionThe UK digital economy industry has experienced remarkable growth in recent years, driven by factors such as government support, strong technological infrastructure, a skilled workforce, and access to capital. The industry has seen significant advancements in areas such as e-commerce, AI, FinTech, and cybersecurity. However, challenges such as regulatory complexities, a digital skills gap, digital inclusion, and the need for international collaboration must be addressed to ensure the industry's sustainable growth.Looking ahead, the UK digital economy industry has immense potential for further expansion. With continued investment ininnovation, education, and infrastructure, the industry can foster entrepreneurship, create jobs, and contribute to the overall economic growth of the country. It is essential for the government, industry stakeholders, and academia to work together to seize the opportunities and overcome the challenges presented by the ever-evolving digital landscape.。
al商科英语文章
al商科英语文章Title: The Impact of Artificial Intelligence on BusinessArtificial intelligence (AI) has become a disruptive force that is revolutionizing the way businesses operate and make decisions. With the rapid advancements in AI technology, industries across the spectrum are tapping into the potential of machine learning, predictive analytics, and other AI tools to streamline processes, increase efficiency, and gain a competitive edge in the market.One of the key areas where AI is making a significant impact is in customer service. Chatbots and virtual assistants powered by AI have the ability to provide roundtheclock support to customers, resolving queries and issues in realtime. This not only improves customer satisfaction but also reduces the workload on human agents, enabling them to focus on more complex tasks that require human judgment and empathy.Moreover, AI is transforming marketing and advertising strategies by enabling targeted and personalized campaigns. By analyzing large volumes of data, AI can identify customer preferences and behavior patterns, allowing businesses to tailor their marketing messages accordingly. This not only leads to higher conversion rates but also helps in optimizing marketing budgets by targeting the right audience with the right message at the right time.In terms of operations, AI is being used to optimize supply chain management, inventory forecasting, and production scheduling. By leveraging AI algorithms, businesses can make datadriven decisions that enhance efficiency, reduce waste, and ultimately increase profitability. For example, predictive maintenance powered by AI can help businesses proactively identify equipment failures before they occur, minimizing downtime and maintenance costs.Despite the numerous benefits that AI brings to businesses, there are also concerns about job displacement and ethical implications. As automation becomes more prevalent, some job roles may become redundant, leading to potential job losses. Additionally, questions around data privacy and bias in AI algorithms raise important ethical considerations that businesses need to address proactively.In conclusion, the growth of AI is reshaping the landscape of business operations and strategy. Businesses that embrace AI technologies and adapt to the changing landscape will be better positioned to thrive in the digital age. It is essential for business leaders to not only harness the power of AI for competitive advantage but also to consider the ethical and societal implications of AI adoption in their organizations.Overall, the integration of AI into business processes presents both opportunities and challenges, and it will be crucial for businesses to navigate this evolving landscape with astrategic and ethical approach.。
ChatGPT大热！盘点英澳港新人工智能专业的申请要求有哪些？就业前景如何？
ChatGPT大热！盘点英澳港新人工智能专业的申请要求有哪些？就业前景如何？新人工智能专业是一个很有前景的专业，今天店铺小编就给大家介绍ChatGPT大热！盘点英/澳/港/新人工智能专业的申请要求有哪些？就业前景如何？如果对这个话题感兴趣的话，欢迎点击。
ChatGPT大热！盘点英/澳/港/新人工智能专业，附申请要求！美国人工智能研究实验室OpenAI于去年11月底发布的聊天机器人ChatGPT最近爆火，两个月内吸粉破亿，成为历史上注册用户增长最快的应用。
ChatGPT之所以揽获无数忠实粉丝，主要因为它不仅能实现人机互动，又能处理各种生活/工作/学习上的问题，比如制作表格、撰写报告、撰写论文，等等。
全球知名企业已经开始深度布局数字化，并计划利用AI高效地发掘新业务。
与此同时，它们也在积极争夺AI人才。
这给我们留学生也带来了机遇，人工智能专业也越来越受欢迎。
小秘书为大家整理了世界百强香港·英国·澳洲·新加坡高校AI类硕士，意向海外留学的同学们可供参考~英国高校AI专业爱丁堡大学简介：爱丁堡大学作为欧洲人工智能的发源地，自1960年代初以来一直在人工智能领域处于领先地位。
如今，它是欧洲最大的AI研究中心之一，数百名研究人员在全校范围内对基础和应用AI进行开创性研究。
MSc Artificial Intelligence人工智能理学硕士【申请要求】▪大学本科，信息学、人工智能、认知科学、计算机科学、电子工程、语言学、数学、哲学、物理学或心理学；▪在攻读学位期间，你必须至少完成以下其中一门编程课程：C/ c++， Java， Python， R， Matlab， Haskell， ML；▪在你的学位期间，你必须完成相当于60个学分的数学课程，通常包含以下主题：微积分（微分和积分），线性代数（向量和多维矩阵），离散数学和数学推理（例如归纳法和推理，图论模型，证明），概率（离散和连续概率中的概念，马尔科夫链等）；▪需要是Priority List里的学校背景，且最低80分；▪雅思7.0（小分6.5）；伦敦大学学学院简介：UCL的计算机科学系在人工智能领域享有盛誉，以其在AI 突破中的作用而闻名，例如参与开发了AlphaGo——第一个击败职业人类围棋选手的计算机程序。
科学与商业的关系英语作文
The relationship between science and business is one of the most significant dynamics in the modern world. Science is the pursuit of knowledge and understanding of the natural world, while business is the activity of making, buying, and selling goods or providing services with the aim of earning a profit. These two areas, although seemingly distinct, are deeply interconnected in various ways.Firstly, scientific advancements often drive the development of new products and services. Businesses invest in research and development to innovate and create new offerings that meet consumer demands or solve existing problems. For example, the invention of the internet and subsequent advancements in technology have revolutionized the way businesses operate, from ecommerce to remote work.Secondly, businesses play a crucial role in funding scientific research. Many companies sponsor research in fields that are relevant to their industry, such as pharmaceutical companies funding medical research or tech companies investing in artificial intelligence. This financial support is vital for the progress of scientific discovery.Moreover, science and business collaborate to address global challenges. Climate change, for instance, has prompted businesses to invest in renewable energy technologies and sustainable practices, often in partnership with scientific institutions. This collaboration not only helps to mitigate environmental issues but also opens up new market opportunities.However, there are also tensions between science and business. The commercial interests of businesses can sometimes conflict with the objective pursuit of truth in science. For example, the tobacco industry has historically downplayed the health risks associated with smoking, despite scientific evidence to the contrary. Similarly, the influence of corporate funding on scientific research can raise concerns about bias and the integrity of findings.In conclusion, the relationship between science and business is multifaceted and complex. While they can work together to drive innovation and address societal issues, it is essential to maintain a balance that ensures the integrity of scientific inquiry is not compromised by commercial interests. This delicate equilibrium is crucial for the continued advancement of knowledge and the sustainable growth of the global economy.。
商业英文报道范文
商业英文报道范文精选英文商业英文报道范文：标题：TechGiant Unveils Revolutionary AI-Powered Platform, Revolutionizing Industry OperationsDate: [Insert Date][City, Country] —In a groundbreaking announcement today, TechGiant, a leading global technology innovator, has unveiled its latest masterpiece: the AI Fusion Platform, a cutting-edge solution poised to revolutionize the way businesses across various industries operate and optimize their performance.The AI Fusion Platform, after years of meticulous research and development, represents a significant leap forward in artificial intelligence integration. It harnesses the power of advanced machine learning algorithms, big data analytics, and cloud computing to provide enterprises with unprecedented insights and automation capabilities."At TechGiant, we believe that the future of business lies in harnessing the full potential of AI," said CEO [Name], during the launch event held virtually and attended by thousands of industry leaders, investors, and tech enthusiasts worldwide. "Our AI Fusion Platform is not just a tool; it's a transformative force that will empower companies to streamline processes, enhance decision-making, and unlock new avenues of growth."Core Features and Benefits:1. Hyper-Personalized Customer Experiences: By analyzing vast amounts of customer data, the platform enables businesses to deliver hyper-personalized experiences tailored toindividual needs and preferences, driving customer satisfaction and loyalty.2. Predictive Analytics and Forecasting: Leveraging advanced predictive models, the AI Fusion Platform helps organizations anticipate market trends, optimize inventory management, and plan for future growth with unprecedented accuracy.3. Automated Workflows and Process Efficiency: By automating repetitive and time-consuming tasks, the platform frees up human resources to focus on more strategic and creative endeavors, significantly boosting operational efficiency and productivity.4. Real-Time Insights and Decision Support: With real-time data visualization and analytics dashboards, decision-makers can access critical information instantly, enabling faster and more informed decision-making across all levels of the organization.5. Scalable and Secure: Designed with scalability in mind, the AI Fusion Platform can seamlessly adapt to growing businesses, ensuring continued performance optimization. Moreover, robust security measures protect sensitive data and ensure compliance with global privacy regulations.Industry Impact:The potential impact of the AI Fusion Platform extends across various industries, including retail, healthcare, finance, manufacturing, and logistics. For instance, in retail, the platform can optimize inventory levels, personalize marketing campaigns, and enhance customer service, leading to increased sales and customer satisfaction. In healthcare, it can assist in disease prediction, patient monitoring, and drug discovery, revolutionizing the way we approach healthcare delivery.Partnerships and Future Outlook:TechGiant has already forged strategic partnerships with several industry leaders, aiming to accelerate the adoption of the AI Fusion Platform and maximize its benefits for their customers. Looking ahead, the company plans to continuously invest in R&D, expanding the platform's capabilities and exploring new frontiers in AI technology."This is just the beginning," concluded CEO [Name]. "We are excited about the endless possibilities that the AI Fusion Platform opens up and are committed to working closely with our partners and customers to unlock their full potential."As the world increasingly embraces the power of AI, TechGiant's AI Fusion Platform stands as a testament to the transformative role technology can play in shaping the future of business.中文对照翻译：标题：TechGiant推出革命性的人工智能平台，彻底改变行业运营日期：[插入日期][城市，国家]-在今天的一项突破性公告中，全球ling先的技术创新者TechGiant公布了其zui新杰作：人工智能融合平台，这是一种尖端的解决方案，有望彻底改变各行业企业的运营方式并优化其绩效。
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Raising Capital
• This is not an easy task • Large amounts of investment are required before a product hits the market • The amount of investment money invested in science has decreased over the past 5 or so years (at least in the U.S.)
– Technology licensing to businesses – Business incubators
• Angel investors, venture capitalists, stock owners
CHALLENGES IN UKRAINE
• Lack of public resources
US NONPROLIFERATION PROGRAMS: SUPPORTING UKRAINIAN SCIENTISTS • STCU – R&D grants/civilian engagement since early 1990s – Compensating for lack of public R&D funds in Ukraine – STCU Commercialization program • CRDF – R&D grants/civilian engagement – Next Steps to Market
DOE’s Global IPP PROGRAM: INDUSTRY PARTNERSHIPS
• Commercialization & industry partnerships focus • Critical element: US company participates as industry partner in each project • Industry partner matches 100% of federal funds • Industry partner provides business expertise/ direction and brings technology to the market • US Company provides access to Western investment resources (80% of global private equity)
The Process of Commercialization
• • • • • Research and Development Engineering to a prototype Raising capital Manufacturing Marketing
Research and Development
• There is a large number of scientists and engineers in Ukraine doing research that they believe is marketable • The Science and Technology Center in Ukraine (STCU) supports a number of research projects, focusing on those with practical applications • Partner projects such as IPP focus on efforts likely to lead to commercialization
“VALLEY OF DEATH”
“Valley of Death” – funding gap at survival stage
Technology Creation $ Cash flow or sales $ Cash flow or sales Idea, R&D Biz. and Product Development Product Dev. Production Commercialization Distribution Sales
Engineering to a Prototype
• It is necessary to take the results of R&D and engineer it into a product that can be mass produced. This takes investment. • It is important to attract a company and/or an investor at this stage so that someone familiar with the market is involved • For example, the focus of the IPP program is on this phase
Source: Pricewaterhouse Coopers & National Venture Capital Association
GLOBAL PRIVATE EQUITY 2004
Source: Pricewaterhouse Coopers & National Venture Capital Association
Sales
“Valley of Death”
Cash flow
Time
R&D grants, Public sector Ideation
Entrepreneur, Venture Stock owners angel investors capitalists Survival Growth
VENTURE CAPITAL INVESTMENTS (US)
– R&D stage – Commercialization/survival stage (“valley of death” is deeper)
• Lack of venture/private investment resources
– Ukraine is below the radar of global private equity investment in high-tech
• Domestic high-tech market limited
– Most customers were military in the past
• Lack of tech commercialization expertise and infrastructure in research institutes (unlike in Western universities)
Top 20 Countries Based on High-Tech Investment (2003)
• North America 1. USA ($19.54) 2. Canada ($0.81) Western Europe 2. UK ($4.76) 4. France ($1.75) 5. Italy ($1.53) 8. Sweden ($0.82) 11. Germany ($0.76) 12. Ireland ($0.29) 13. Finland ($0.21) 14. Norway ($0.21) 15. Netherlands ($0.19) 16. Denmark ($0.16) 17. Switzerland ($0.1ห้องสมุดไป่ตู้) 19. Spain ($0.15) • Asia Pacific 3. Japan ($2.51) 6. Korea ($1.11) 7. China ($1.06) 18. Singapore ($0.16) Middle East & Africa 10. Israel ($0.77) 20. South Africa ($0.13)
COMMERCIALIZATION Of Science and Technology CHALLENGES AT A GLANCE
• The process is high-risk, long-term, multi-stage, and complex. • You have to deal with a funding gap at the early engineering and commercialization stage • In the U.S., the amount of venture capital available for investments has declined since 2000 “bubble” • Commercialization investment portfolio
Projects Model
• Three-way partnerships:
– Ukrainian institute, U.S. company, and DOE national laboratory
• IPP funds FSU scientists’ work • U.S. companies cost-share government funds by cash and/or in-kind resources • National laboratories funded by IPP to validate the Ukrainian science and technology technology validation and to help manage the project