Dean Kamen Issues Call to Action to Semiconductor Industry at Semico Summit 2011

Phoenix, Arizona May 2, 2011 - Dean Kamen, inventor and founder of DEKA and First, delivered the keynote address at the Semico Summit 2011. He also received Semico’s Bellwether Award, granted annually to a visionary leader in the technology industry. Dean has invented the insulin pump, a portable dialysis machine, the iBot mobility system, the Segway people mover, a prosthetic arm for DARPA, and a self-contained water cleaning and purification system, among other things.

The topic of Dean’s presentation was innovation, and how the United States is lagging behind in terms of educating and inspiring our youth to become innovators. We take invention for granted because we have so much technology around us. However, in developing countries, they are ready to take risks at much lower investment levels.

In the United States, we have the lowest percentage of kids going into science and technology in the world. We also have the highest percentage of kids dropping out of high school in the world. “Innovation should be thought of as a gift from one generation to the next,” Kamen said. One generation enjoys the benefits from the previous generations’ innovations, but it must create new innovations to support the successive generation. Dean believes we have a culture problem, where it is the tech industry, not lawyers and politicians, that needs to support a long-term serious commitment to science and technology.

Dean called the executives in attendance to action, saying that we need to get involved in fostering enthusiasm in science and technology in children. Through First, Dean makes science and engineering more fun. A Brandeis University study showed that First program alumni are 50% more likely to go to college than their peers, and twice as likely to major in science and engineering. To learn more about how you can get involved, go to www.usfirst.org.

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We are a semiconductor marketing & consulting research company located in Phoenix, Arizona. Semico was founded in 1994 by a group of semiconductor industry experts. We have improved the validity of semiconductor product forecasts via technology roadmaps in end-use markets. Semico offers custom consulting, portfolio packages, individual market research studies and premier industry conferences.