Bridging the gap between Thai universities and business world by matching human resources
By Jon Fernquest
Ideally
business
networking
would match business people with scientists and researchers in
universities.Relationships between these two groups of people do not develop automatically.
That's why the National Science and Technology Development Agency (NSTDA) of Thailand's government is sponsoring a special event to help develop these relationships.
Business plan competitions are another useful event that bridges the gap between universities and the business world (Read previous articles on competitions in Thailand #1 and #2 also see archives).
Photo on right of King Mongkut University of Technology winners of 2010 World RoboCup competition in Singapore. Technology competitions such as this are another important kind of event bridging the divide between university and the business world.
Research collaboration between Thai and foreign universities also help (Read on science collaboration with Australian universities).
Engineering joint ventures between Thai and foreign companies also provide invaluable learning experiences to Thai engineers (Read on Thai-Chinese high speed train project).
Today's article begins after the vocabulary below.
business networking -
when business people meet and get to know each other (See Wikipedia)
relationship - when two or more people or organizations have a close involvement and interactions with each other (examples: business relationship, romantic relationship)
automatically - without people doing anything
National Science and Technology Development Agency (NSTDA) - the Thai government agency driving rapid science and technology development (See description)
business plan - "a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals" (See Wikipedia)
business plan competition - an event in which many students present their business ideas and plans, judges decide which are the ones most likely to succeed, most business schools have such a competition (See video on how to win)
bridges the gap - connects two things that are not connected (starts communication and relationship building)
2010 World RoboCup competition - a recent competition in Singapore in which students compete to build the best robot (See website)
human resources - people with the knowledge and skills they possess, put to use by organizations and companies when they are hired as employees (See Wikipedia)
collaboration - working with other others to produce things and achieve goals
joint ventures - a company owned and operated by two or more other companies
relationship - when two or more people or organizations have a close involvement and interactions with each other (examples: business relationship, romantic relationship)
automatically - without people doing anything
National Science and Technology Development Agency (NSTDA) - the Thai government agency driving rapid science and technology development (See description)
business plan - "a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals" (See Wikipedia)
business plan competition - an event in which many students present their business ideas and plans, judges decide which are the ones most likely to succeed, most business schools have such a competition (See video on how to win)
bridges the gap - connects two things that are not connected (starts communication and relationship building)
2010 World RoboCup competition - a recent competition in Singapore in which students compete to build the best robot (See website)
human resources - people with the knowledge and skills they possess, put to use by organizations and companies when they are hired as employees (See Wikipedia)
collaboration - working with other others to produce things and achieve goals
joint ventures - a company owned and operated by two or more other companies
BUSINESS NETWORKING
Matching fair due next month
31/08/2010Yuthana Praiwan
Thailand's first event matching business operators, scientists and researchers will take place next month
The expo is being organised by the National Science and Technology Development Agency (NSTDA), which has invited more than 300 business operators from the industrial and service sectors to exhibit their research projects.
expo - an event with
large numbers of people coming to view things being shown (new
products, technology, art, information about a country)
due - expected to happen or should happen มีกำหนด
operators - companies running a certain kind of business
exhibit - show something publicly, so people can learn about it
due - expected to happen or should happen มีกำหนด
operators - companies running a certain kind of business
exhibit - show something publicly, so people can learn about it
The NSTDA will have more than 25 projects on hand at NSTDA Investors' Day, to be held on Sept 16 at the Queen Sirikit National Convention Center in Bangkok.
The NSTDA has been providing services to business operators for the past four years, particularly small and medium-sized entrepreneurs.
The policy is in line with government plans to enhance the country's economic competitiveness.
on hand - have,
exist, are present at a place
Queen Sirikit National Convention Center - a large building used for events, conferences and fairs, located in dowentown Bangkok, connected to the rest of the city by subway, opened in 1991 (See Wikipedia)
entrepreneurs - business people เจ้าของกิจการ
policy - a set of plans or action agreed on by a government, political party, business, or other group to guide decisions and achieve outcomes นโยบาย (See Wikipedia)
in line with - agreeing with, following
enhance - to improve the quality, amount or strength of something ทำให้ดีเพิ่มขึ้น, ทำให้ดีขึ้น
competitiveness - how well a business can do compared to other firms (does it have lower price or higher quality?) การแข่งขัน
Queen Sirikit National Convention Center - a large building used for events, conferences and fairs, located in dowentown Bangkok, connected to the rest of the city by subway, opened in 1991 (See Wikipedia)
entrepreneurs - business people เจ้าของกิจการ
policy - a set of plans or action agreed on by a government, political party, business, or other group to guide decisions and achieve outcomes นโยบาย (See Wikipedia)
in line with - agreeing with, following
enhance - to improve the quality, amount or strength of something ทำให้ดีเพิ่มขึ้น, ทำให้ดีขึ้น
competitiveness - how well a business can do compared to other firms (does it have lower price or higher quality?) การแข่งขัน
NSTDA president Thaweesak Koanantakool said five projects that will be highlighted at the fair are a silk-strengthening substance, a kit to test for drug allergies in dogs, high efficiency methods for marine life breeding, a new lightweight concrete made from artificial materials and a simulation programme for the analysis of orthodontic models.
This event will match business operators, researchers and scientists in a bid to find business solutions," said Dr Thaweesak.
highlighted
- emphasized; stressed; made more noticeable ที่เน้นย้ำ
substance - some kind of solid, gas or liquid (example: wood is a solid substance and water is a liquid substance)
allergy - a medical condition when a person is oversensitive and reacts negatively to some substance in the food, in the air or from some other contact (See Wikipedia)
drug allergies - when a patient has a negative allergic reaction to some drug (See Wikipedia)
efficiency - waste little time, energy and resources in doing a task (minimize time, energy and resources in performing a task) (See glossary) การทำงานอย่างมีประสิทธิภาพ คุ้มค่าเวลาและใช้พลังงานหรือต้นทุนในการผลิตน้อย เพื่อให้ได้ผลผลิตมาก
marine - relating to the sea and creatures that live in it เกี่ยวกับทะเล
breeding - the keeping of animals or plants in order to produce young animals from them การผสมพันธุ์สัตว์เพื่อขยายพันธุ์
concrete -
artificial - not natural, made by humans จำลอง ที่มนุษย์สร้างขึ้น ที่ประดิษฐ์ขึ้น
simulation - imitation of a real thing or situation, an artificial copy but with lifelike features (See Wikipedia)
orthodontistry (noun) - dental treatment to put teeth into correct position so that they look better (cosmetic) and there is no "improper bite" (malocclusion) (See Wikipedia)
orthodontic (adjective)
models - a system, a simple description of how a system works (to help you understand it)
match - to look the same as or very similar to something else ซึ่งไม่คู่ควร
bid - an attempt to do something ความพยายาม
substance - some kind of solid, gas or liquid (example: wood is a solid substance and water is a liquid substance)
allergy - a medical condition when a person is oversensitive and reacts negatively to some substance in the food, in the air or from some other contact (See Wikipedia)
drug allergies - when a patient has a negative allergic reaction to some drug (See Wikipedia)
efficiency - waste little time, energy and resources in doing a task (minimize time, energy and resources in performing a task) (See glossary) การทำงานอย่างมีประสิทธิภาพ คุ้มค่าเวลาและใช้พลังงานหรือต้นทุนในการผลิตน้อย เพื่อให้ได้ผลผลิตมาก
marine - relating to the sea and creatures that live in it เกี่ยวกับทะเล
breeding - the keeping of animals or plants in order to produce young animals from them การผสมพันธุ์สัตว์เพื่อขยายพันธุ์
concrete -
artificial - not natural, made by humans จำลอง ที่มนุษย์สร้างขึ้น ที่ประดิษฐ์ขึ้น
simulation - imitation of a real thing or situation, an artificial copy but with lifelike features (See Wikipedia)
orthodontistry (noun) - dental treatment to put teeth into correct position so that they look better (cosmetic) and there is no "improper bite" (malocclusion) (See Wikipedia)
orthodontic (adjective)
models - a system, a simple description of how a system works (to help you understand it)
match - to look the same as or very similar to something else ซึ่งไม่คู่ควร
bid - an attempt to do something ความพยายาม
Discussions regarding investments or licencing patents or joint ventures with the NSTDA or a venture capital fund will be discussed under the mechanism of the Technology Licensing Office.
The agency has previously sought potential investors through business model contests organised by state universities but has found it difficult to find appropriate candidates.
licensed (adjective)
- have
official permission from government or a business to do some activity
or use something that they control
license (noun) - official permission (See Wikipedia)
patent - legal rights to use an invention and to prevent the invention from being used by others, details of invention must be revealed to government patent office (See Wikipedia)
licencing patents - pay owner of patent to use the idea and technology in the patent
technology licensing - when a company pays another company to use its technology
Technology Licensing Office - the office at a university or government in charge of selling technology developed within the university or country
joint - done with someone else ร่วมกัน
venture - a new business which involves risk or uncertainty ธุริกิจเสี่ยงแต่สามารถทำกำไรได้
joint ventures - a company owned and operated by two or more other companies
capital - money invested in a business (See glossary)
venture capital - private equity capital provided by professional outside investors to new, growth businesses. Cash is exchanged for shares in a usually high risk company with above-average returns (See Wikipedia)
fund - to provide money for something เงินทุน กองทุน, ให้เงินทุน
potential - possible ความเป็นไปได้
potential investors - possible investors
business model contests - see "business plan competition" above
state - government รัฐ
state universities - universities owned and operated by governments
appropriate - suitable, right for a certain situation or purpose
candidates - one of several people competing to be selected for some special position (job, elected government official, etc)
license (noun) - official permission (See Wikipedia)
patent - legal rights to use an invention and to prevent the invention from being used by others, details of invention must be revealed to government patent office (See Wikipedia)
licencing patents - pay owner of patent to use the idea and technology in the patent
technology licensing - when a company pays another company to use its technology
Technology Licensing Office - the office at a university or government in charge of selling technology developed within the university or country
joint - done with someone else ร่วมกัน
venture - a new business which involves risk or uncertainty ธุริกิจเสี่ยงแต่สามารถทำกำไรได้
joint ventures - a company owned and operated by two or more other companies
capital - money invested in a business (See glossary)
venture capital - private equity capital provided by professional outside investors to new, growth businesses. Cash is exchanged for shares in a usually high risk company with above-average returns (See Wikipedia)
fund - to provide money for something เงินทุน กองทุน, ให้เงินทุน
potential - possible ความเป็นไปได้
potential investors - possible investors
business model contests - see "business plan competition" above
state - government รัฐ
state universities - universities owned and operated by governments
appropriate - suitable, right for a certain situation or purpose
candidates - one of several people competing to be selected for some special position (job, elected government official, etc)
Last year, the NSTDA was able to establish only two joint venture projects, with Anglo Thai Ceramic Co and Micro Innovate Co, on which it spent 200 million baht for equity investment.
Next year, we plan to join with the Stock Exchange of Thailand to set up a venture capital fund and expand solutions for business operators, as Thailand is becoming more of a high-tech-based economy," said Dr Thaweesak.
establish
- to start a company or organization that will likely continue for a
long time สถาปนา, ก่อตั้ง, จัดตั้ง
equity - money for a business that comes from owners, not borrowed money (debt) เงินลงทุน ที่มาจากการระดมหุ้นของหุ้นส่วน และผู้มีกรรมสิทธิ
investment - taking your money and putting it into projects to make a profit or earn interest (buying stock shares, bonds, real estate)
expand - to become larger ขายตัวออกไป
equity - money for a business that comes from owners, not borrowed money (debt) เงินลงทุน ที่มาจากการระดมหุ้นของหุ้นส่วน และผู้มีกรรมสิทธิ
investment - taking your money and putting it into projects to make a profit or earn interest (buying stock shares, bonds, real estate)
expand - to become larger ขายตัวออกไป
(Source: BUSINESS NETWORKING, Matching fair due next month, 31/08/2010, Yuthana Praiwan, link)
