It's
not every day that a Silicon Valley entrepreneur comes to town, and so
it was with much anticipation that we waited for Dado Banatao's visit to
Ateneo de Davao. And not only us, apparently, because the presidents
and heads from the other Ateneo schools, Manila included, also came by
to join the talk that Banatao would give.
Banatao
has been dubbed by local press as the "Bill Gates of the Philippines."
I'm not quite sure that's a proper compliment, but that's media for
you. Regardless, Banatao's achievements are quite impressive.
Microprocessor pioneer, founder of three Silicon Valley companies, and
now venture capitalist with a portfolio of almost thirty semiconductor
companies -- an impressive record for someone who started out as a poor
scholar of the former Ateneo de Tuguegarao.
When
a VIP comes to visit, expectations are always high. There's the
implicit hope of assistance or partnership. Banatao talked in some
depth about PhilDev, an organization that is the conduit for many of his
charitable activities in the country. PhilDev's focus is on education
in science and engineering, with a view towards the Philippines becoming
a center for development of new technology. Per Banatao: "Simple
humanitarian gift-giving, while having an immediate impact, does not
move the economic needle in the country."
Much
of the rest of the talk we can readily agree with. "With education, we
can't see the result right away, but it has to start."
"Entrepreneurship will enable growth in the country; while economic
growth is not an end in itself, it is a necessary condition to enable
individuals to be productive and creative." "The Philippines, with 100
million people, is a major market. We are part of the demand, but we
are going the wrong way, because our value add is mostly small."
Of the diagnosis there wasn't anything terribly new or perspective-changing. But what of the solutions?
At
heart, Banatao is an engineer and a venture capitalist, and a terribly
efficient one at that. When asked about ailed Philippine education, he
pointed to the lack of original research, attributable in large part to
the small number of PhD's in science and engineering and to the lack of
funding for projects.
Banatao
is keen on the big payoff that comes from groundbreaking new
intellectual property, not just in any field, but in engineering, the
type you can write patents from and build companies on. What of
other areas like, say, the services sector? "The overall value returned
by service companies is low." We need to be thinking long-term, not
short-term.
To
Banatao, many of the current programs that go under Bachelor of Science
aren't really worthy of the name. "Where's the science in Information
Technology?" he asks. And to prove his point, he stumps the IT
students with a trick question on binary searches and tables. You don't
need to go to school for the things we teach in IT; you can just pick
it up from a book. In six months.
In
the face of this bold vision, I'm trying to extrapolate how things
would be if this were to all come to pass. We would have real
distinctions between science and mere applied discipline. A university
would truly be a university, where gifted, dedicated students are
steeped in the foundations of prepare for careers in research; a
university, distinct from community colleges and technical vocational
schools.
O brave new world, that has such people in it!
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