Developing Countries Developing Business

A conference called by the International Centre for Science and High Technology of the UN Industrial Development Organisation (ICS-UNIDO), has concluded that developing countries will need to build their capacity for transforming research into commercial ventures.
While it appears the research is going well there seems to be a need for a forum whereby entrepreneurs in the South and compaines from the North could meet. Unless these contacts are developed it would seem the developing countries will be inventing in a vacum.
The challenge for many developing countries lies in their lack of infrastructure or a tradition of partnerships between research and industry. As Nanotechnology offers a wide range of applications, some countries could focus, for example, on the problem of contaminated water, like Bangladesh.
Argentina has developed a selective approach in the hope of becoming a leading player on a few applications.
In South Africa, government, industry and academia are all trying to determine which applications to focus on. Generally they are striving to work in an area like water purification where people will see the benefit.
It would seem that the coming revolution in science and business is a perfect way for the developing nations to put themselves on a par with the rest of the world. However with the Americans able to invest almost four billion dollars, you can begin to see where the problems might arise.