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In 1944, during my younger days, I had the good fortune to become a member of Japan's first research group to conduct basic research in the field of semiconductors. This was during my employment with the Jindai Laboratories, a branch of the Electro Testing Laboratories (ETL). (The Japanese name of ETL was changed in 1970 from "Denki-Shikenjo" [Electrical Testing Laboratory] to "Denshi-Gijutsu Sogo Kenkyujo" [Electronic Technology Research Institute]; the English name remained unchanged.) At that time, even the transistor had not yet been invented. While I was working with this basic research group, I came to realize the importance of fundamental research in areas such as quantum theory, solid-state theory, and materials research, and I was able to foresee, to some extent, what the future held in store for the electronics industry. I consequently turned my attention to the importance of measurement technology in the context of semiconductor research and in the electronics and information industries, and founded a business to manufacture electronic measurement devices.

In 1955 - a time when many people still carried the misconception that "direct current cannot be amplified" - we succeeded in developing a 1 picoampare(1x10A) full-scale current-sensitive DC ammeter based on a DC amplifier, and a vibrating reed electrometer with a current-detection sensitivity of 3x10A. These devices proved useful in the research and development of polymeric materials, semiconductor materials, and transistors.

In 1968, during the heyday of bipolar ICs, we began the development of an IC tester, following the advice of specialists in semiconductor device engineering who advised, "The future is CMOS, and we need a tester that can perform timing measurements and functional tests at operating limit speeds." The prototype was completed in 1970.

Over the course of the past fifty years, we have seen how engineering knowledge derived from semiconductor research has brought well-being for people throughout the world. Meanwhile, the company that I founded - Takeda Riken Industry Co., Ltd. (currently called Advantest Corporation) - has developed into one of the world's top-rated companies.

Engineering intellect and knowledge, fostered through a network that overcomes the boundaries of technical fields and organizations, is polished and refined within the market mechanism of capitalism to become a form of intellect that brings value to mankind. It was this belief, and the personal experiences I have just described, that have led me to establish a Foundation whose mission will be to encourage those individuals endeavoring to contribute to society through the development and application of engineering intellect/knowledge, by presenting awards and grants that will be known to the people of the world as the Techno-Entrepreneurship Award.
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