Fostering Innovation in the Futue

INTRODUCTION In this 20th century, the innovation and product lifecycle does not takes a long time to new innovation and product are develop and introduced likes in 1980 and before, such as the television that take 10 years to new color television is introduced. Nowadays, the product or technologies only take half year or a year to introduce new technology and new innovation. The information about the new technology is easy to get and can be search by finger. This article will explain about the changes of technology innovation and analyze the fostering innovation within the area in the future. To foster the innovation, technological innovation process gives the explanation how the innovation exists. Secondly governments take the role by Intellectual Property (IP) tax release. Other than tax specialty, foreign direct investment also a best channel for infrastructure development and technology transfer, the innovation can be leverage. Create policy based on the demand or trend in innovation is one of the factors that can attract more contribution in innovation. Finally, the diversity workforce is the one of the important to innovator to contribute ideas in industries and will come out with any types of ideas.

I. TECHNOLOGICAL INNOVATION PROCESS
Today, we are in an era spectacular different and complexity than twenty-five years ago. Technological innovation process is the set of ideas that transform into the physical and real application. The beneficial product and services are applied through the ideas from imagination process. (Khalil T, 2000). Eight level that state in tarek M. K. 2000, in technological innovation process. The stages of the technological innovation are; I. Fundamental research; collecting knowledge and create ideas II. Applied research; trying to solve the problem occurred from the research has been done. III. Develop of the technology; from the ideas and knowledge are convert into reality and physical product. IV.