Team Name - Challenge:Future
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Transcript Team Name - Challenge:Future
Team Name
Omniforce Science and Engineering
Team Leader
Anatoliy Biliciler
Members
Anatoliy Biliciler – Amine Boussada – Yacine Bougrinat
Algeria - Turkey
İzmir University of Economics
Ecole Nationale Polytechnique d’Alger
Export&Import
deficits.
GDP gaps between countries.
High unemployment among young people.
Majority of population works, GDP relies on services.
Low GDP from agriculture despite growing needs.
High Consumption/Salary.
Prices
on agricultural products and fuel rise while production
reduces.
Demand for energy and agricultural products is growing and is
expected to grow even after 2020.
Technological approach on agriculture will use educated
demographic and unemployed youth who are plenty in
EEU(Internal Competitiveness).
1.Globalisation:
Shall be used to create reverse brain drain for skilled employees.
2.Marketing:
Environment: Social media focused environment.
Properties: Localised (based on local assets).
3.Global Situation:
China: Situation is unstable, long term investments should be avoided but
export is still possible.
US: Higher prices on agriculture and fuel are expected therefore US should
be a target demographic.
Russia: Stable looking economy, exploitable assets should be investigated.
EU: Should focus on local problems instead of helping P.I.G.S. Crysis
increases employable skilled workers, making it ideal to start a company.
4.Environment:
If clean energy does get subsidized an energy company such as the one
envisioned will exploit it.
5: R&D Focus:
Data shows that the companies should invest heavily in R&D. Shall be
exploited by using new R&D methodologies and heavy investments.
Crop Pandemic.
Damage mitigation: Separate, airtight storages.
Heavy R&D investments will help finding a cure.
Carbon Sequstration Breakthrough:Wind turbines can be used to capture
CO2 from air.(Allows processing of CO2).
Interviewees: Prof. Dr. Turan SUBAŞAT (İzmir Economy University
Faculty of Economics and Administrative Sciences Economics),Dr. Selen
Ünlüoğlu (İEU Business Administration):
- EEU: Agriculture is unreliable due to price fluctuations, however it
might be beneficial for short term but on long term, that would be against
natural evolution of economy.
- Taking example from South Korea and Dubai, clever usage of short
term earnings and government support for investments is essential.
Governments are right to fear external investments due to the fact that
economical power implies political power.
Renewable energy is very likely to be mainstream and a good long term
investment.(So earnings from agriculture should go to expansion to
renewable energy sector [geothermal energy to be specific] as older
sector dries out).
Governments should not rely only on investments and should pursue
their economic growth using a reliable plan.
Company type:
Initially high tech agriculture-biofuel company for short term
then transit into clean energy industry (expansionist).
Size:
Initially medium (Biofuel) then growing into a multi sector
company(Clean Energy).
Ownership:
Board of investors: Investors (global) make decisions by vote
(vote x percentage owned) and so everything runs properly.
Main Focus:
R&D, marketing.
Demand for cleaner energy is obvious and as the effects of global warming
become more visible the subsidies for the clean energy will make it a good
long term investment but the problem is, Clean energy demands a large
capital.
In EEU there are recently discovered underground resources such as coal
and oil which can be exploited while they are still usable but demand for
them drops overtime as people look for more sustainable, profitable
sources.
EEU also has lands where products for biofuel(such as corn or soy etc) can
grow.
Because EEU has a young, creative population which needs field
experience to be succesful.
These sectors need new technologies to be cost efficient. Eg. We still
cannot use magma as power source due to technological insufficiencies.
Asset analysis
Capital investment on short
term earnings
St/Lt =3/1 (importance)
Marketing
St: short term
Lt: long term
R&D
Long term
focused asset
exploitation
St/Lt=1/3
Re or post-op
analysis