Jason Tesarz, director of engineering at the high-performance integrator Torrey Point, agreed when asked what technology firms should get rid of.

FORBES: High End Trading Tech is Specialized

Combining IBM Research's expertise in the areas of mathematical sciences, computer science and high-performance computing with the deep-power engineering and operational know-how of the participating members, the Institute will focus on five core innovation tracks to pursue joint research and where shared investments, knowledge and capabilities will benefit every member.

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The team of Professor Keon Jae Lee from the Department of Materials Science and Engineering, KAIST has developed a high performance flexible all-solid-state battery, an essential energy source for flexible displays (see paper in Nano Letters: "Bendable Inorganic Thin-Film Battery for Fully Flexible Electronic Systems").

ENGADGET: Korean scientists solve flexible battery riddle (video)

Typically, successful applicants have significant qualifications in engineering or science, or extensive experience flying high-performance jet-aircraft.

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As an engineering exercise, EOS also printed the parts for a violin using a high-performance industrial polymer, had it assembled by a professional violin-maker and played by a concert violinist.

ECONOMIST: 3D printing

"From that point on, we decided our product development and engineering teams needed to be completely focused on what we do best and that's building high-performance loudspeakers, " he noted.

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