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Silicon Valley Nation: Investing in innovation
Brian Fuller
10/11/2012 1:45 PM EDT
Educate, then innovate
Altera has always given to the community as a corporation, but as a four-decade-old company, why did it take until just last year to finally get serious about it?
Lyman said: "Unless you're a really big company, you have limited means, and there are many many good causes out there in community. What we've said for ourselves … given our size is to provide focus so we can make the biggest difference in a concentrated."
That resulted in creating the foundation in 2011 to pursue the notion of nurturing the next generation of innovation. And the target for that nurturing is education, particularly STEM education.
"We think there's a link between innovation and education...if we can teach kids the skills of inquiry and exploration and questions and creation and assessment, particularly in the STEM related areas," Lyman said in an interview.
Clearly in 2012 amid the worst economic downturn since the Depression, government is struggling to meet community needs, parents can buy only so many bake-sale cupcakes and car washes. Companies, sitting on piles of cash in these cautious times are starting to pony up....just in time.
Related stories :
Altera has always given to the community as a corporation, but as a four-decade-old company, why did it take until just last year to finally get serious about it?
Lyman said: "Unless you're a really big company, you have limited means, and there are many many good causes out there in community. What we've said for ourselves … given our size is to provide focus so we can make the biggest difference in a concentrated."
That resulted in creating the foundation in 2011 to pursue the notion of nurturing the next generation of innovation. And the target for that nurturing is education, particularly STEM education.
"We think there's a link between innovation and education...if we can teach kids the skills of inquiry and exploration and questions and creation and assessment, particularly in the STEM related areas," Lyman said in an interview.
Clearly in 2012 amid the worst economic downturn since the Depression, government is struggling to meet community needs, parents can buy only so many bake-sale cupcakes and car washes. Companies, sitting on piles of cash in these cautious times are starting to pony up....just in time.
Related stories :
- Silicon Valley Nation: California's slow bleed
- In Big Data era, insight is power
- Forbes says Altera is among world's 100 most innovative companies
- Yoshida in China: Going public would demystify Huawei
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