Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Ruchika NijharaCOLUMBIA, Md. (April 4, 2023) – The Maryland Stem Cell Research Commission announces the appointment of Ruchika Nijhara, Ph.D., MBA, as executive director of the Maryland Stem Cell Research Fund (MSCRF). As executive director, Nijhara oversees all MSCRF activities and seven programs accelerating stem cell research, commercialization and cures.

The Maryland Stem Cell Research Commission (Commission), which oversees the fund, was established as an independent unit within the Maryland Technology Development Corporation (TEDCO). It leads the way in identifying and supporting the most promising stem cell technologies in our region.

tangled

It’s the best and worst of times for decision makers. Swelling stockpiles of data, advanced analytics, and intelligent algorithms are providing organizations with powerful new inputs and methods for making all manner of decisions. Corporate leaders also are much more aware today than they were 20 years ago of the cognitive biases—anchoring, loss aversion, confirmation bias, and many more—that undermine decision making without our knowing it. Some have already created formal processes—checklists, devil’s advocates, competing analytic teams, and the like—to shake up the debate and create healthier decision-making dynamics.

 

american

The world of work is changing pretty rapidly, but one thing has been pretty consistent over the past few years: Workers are feeling optimistic about their prospects. The U.S. economy keeps adding jobs at a healthy clip and unemployment remains at pre-Recession lows, making this a jobseekers’ market.

Here’s a look at the current state of the American workplace:

 

vacation

We know that Americans log longer hours at work than their counterparts in other countries, are chronically sleep deprived, and don’t take enough vacation.

According to the annual Project: Time Off report, things may be getting a bit better. The analysts discovered that the 7,331 Americans surveyed (who work full time and therefore get paid time off from their employer) took an average of 16.8 days off in 2016, marking the second year in a row of taking slightly more vacation days.

 

startup

Does every startup need outside capital to get started? To listen to venture capitalists speak, business is a case of “survival of the fittest” and startups are tiny tadpoles swimming in an ocean full of sharks.

That may be true in some cases, particularly when a business idea is attempting to address a multi-billion dollar problem with what its founders hope will be a multi-billion dollar solution. But how often is this the case?

 

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I’ll admit it: my views on innovation strategy have been dramatically shaped by working in a Fortune 500 corporation. The size and scale of opportunities you pursue, even in a company that was not always all that innovative, oriented me to think a big team and significant dollars are vital for real innovation.

Given that, moving to an entrepreneurial environment in 2009 was new territory when it came to learning innovation strategy lessons.

Image: http://brainzooming.com

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LAS VEGAS, June 27, 2017 /PRNewswire/ -- For over half a decade the Global Crowdfunding Convention (GCC) has been the cornerstone of education for people struggling to raise capital to come and learn from crowdfunding industry leaders and rockstars in reward, equity, real estate and donation-based crowdfunding. The crowdfunding industry has grown quickly.

In 2012, crowdfunding raised $1.7 billion in capital – but last year, total capital raised using crowdfunding reached over $60 billion! This represents a seismic shift in the way that startups, non-profits, entrepreneurs, and even real estate can now be funded. Crowdfunding is a crucial funding method for new and established businesses, for those who might not have access to, nor the requirements for other forms of financing. Crowdfunding isn't randomly asking for money.

 

biotechnology

The Biotechnology Innovation Organization (BIO) recently released a report on Bioscience Innovation in the States: Legislation and Job Creation through Public-Private Partnerships. This biennial report provides a good summary of state initiatives serving the industry plus a discussion of new developments and trends by state.

 

coral

Researchers have pinpointed the reason that deep-water corals emit an erie glow. Scientists know that in shallow waters, the organisms light up green, using fluorescent proteins as kind of sun block. The proteins soak up harmful ultraviolet rays, re-emit green light and shield their symbiotic algae, which supply most of the corals’ energy needs through photosynthesis.

 

Piero Formica

"Walls are in the mind"– this is one of the suggestions deployed along the "Path of meditation" in the Island of San Giulio on Lake Orta in northern Italy, west of Lake Maggiore. Playing the game of open innovation, we change our mind. As Virgil (The Aeneid, III, 72, quoted by Seneca, Epistulae morales to Lucilius, III, 28) says, “…terraeque urbesque recedunt” (“… leave the cities and the shores behind”). Passion combined with determination can produce outstanding results. According to “The First Word to Cross the Ocean”, one out of five “historical miniatures” by Stefan Zweig, leveraging the power of electricity, it was his passion together with the will to succeed in the bold enterprise that allowed Cyrus W. Field to bring about the laying of submarine cables for telegraphic transmissions between Europe and America.

 

donut

Kate Raworth, a senior research associate at Oxford University and senior associate at the Cambridge Institute for Sustainability Leadership, wants to challenge the old ways of thinking about economics and develop sustainable new patterns for economic growth. In her book, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, Raworth encourages careful consideration of measurements beyond the standard gross domestic product metric. Thoughtful economic planning, in her view, should include health and well-being, the environment and other factors important to quality of life. She spoke with Knowledge@Wharton about her “doughnut” view of  more holistic economic distribution, and why it holds so much benefit for the future.

 

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Fish are easily some of the lowest maintenance pets.    

The only hassle you need to worry about is aquarium maintenance, but not everybody has the time or knowhow. Now, thanks to a successful Kickstarter campaign, EcoQube C Aquarium can make  cleaning your aquarium a problem of the past.    

The idea was conceived by a pair of aquarium enthusiasts after completing extensive research on how ancient civilizations used aquaponics as a solution for food and water shortages. This gave them the idea to employ the historic system of agriculture with modern aquariums.  

Image: ADI VENTURES 

Ice Cream

On Friday afternoons during the summer, your body may be at work but your brain is thinking about the weekend. You’ve got places to go, things to do, and relaxation on the agenda. So how much work are you actually getting done?

Probably not much, and that’s why more companies are implementing “Summer Fridays,” a program that gives employees the flexibility to leave early or take the entire day off. In a study by the consulting firm CEB, now Gartner, 42% of the organizations are offering their employees Summer Fridays this year—double the amount just two years ago.

 

mark suster

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

 

brewery

Factories and manufacturing used to be at the heart of the American workforce. Of course those days are long gone, but America’s innovative spirit can still be traced back to the plant floor. According to The New York Times, factories and farms employed 60 percent of the workforce in 1900, but by 1950 that number was 36 percent. By 2014, it had dropped all the way down to 10 percent.

 

cubicle

In this video, Entrepreneur Network partner Greg Rollett explains the only way to leave your cubicle behind and become an entrepreneur.

His tip? Become an entrepreneur. 

There's no typo there. The only way to learn everything you're going to need to know to run a successful business is by doing -- by committing with everything you have and taking the leap. You can build the parachute as you fall.

 

education

The Chronicle’s third annual Shark Tank: Edu Edition, held during the South by Southwest Edu conference in March, featured five people pitching ideas — some concrete, some theoretical — to improve higher education.

Two of the contestants presented plans to improve the study-abroad experience. Another proposed ways to help faculty develop teaching skills. The fourth outlined a business model that could help ease the friction students face when transferring from community colleges to four-year institutions, and the fifth offered experimental plans to use artificial intelligence and text-messaging "bots" to tackle problems in student retention.

 

umbrellas

Working across cultures can sometimes be frustrating, but the results are well worth the learning journey.

Companies operating in many countries benefit from having a multicultural top management team. However, working in such a team is challenging. People from different cultures behave in ways we often find perplexing, and suspending our judgement on these differences is difficult.

 

vacation

My family and loved ones complain that I seem to always be “on.” It's hard to argue with them. I typically average four hours of sleep a day and work late into the night.

Being a workaholic isn’t necessarily a bad thing -- if you know how to balance work with pleasure. If you love your work, your “workaholism” likely brings you feelings of fulfillment. And if you hate your job, you probably feel like quitting every morning when your alarm wakes you.

 

photography

I guess everyone knows the tragic story of the EastmanKodak Company: founded in the 19th century, dominating the photographic film market during most of the 20th century and finally collapsing into bankruptcy in the early 21st century, shaken by a new technology they had once decisively initiated.

 

ikea

Some people get a sense of warmth when they approach the gigantic blue and yellow buildings that we know as Ikea. Some liken Ikea as Disney World for adults. Most people get sucked into an Ikea and stay there for hours, or sometimes even days,   There’s something about being able to take a couch, kitchen table and desk home in your Smart Car, that many find appealing.  Who doesn’t love putting together 10 foot book shelves with a simple allen wrench?

 

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University of Pittsburgh Chancellor Patrick Gallagher’s efforts to hotwire the region’s fledgling life sciences industry is getting a spark from a new seed capital fund targeted to helping develop new medications.

The Pittsburgh Revolution Fund is soliciting $200 million, which will be made available in the form of investments in drug research teams with the idea of spinning out companies, said Bill Newlin, chairman, Newlin Investment Co., a seed-stage investment firm in Sewickley.

Image: Pam Panchak/Post-Gazette 

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The Ewing Marion Kauffman Foundation is hitting the gas on its support of area accelerator programs.

As part of the 2016 KC Accelerator Challenge, the Kauffman Foundation announced Tuesday that it’s awarded a total of $840,000 in grants to eight local venture accelerator programs.

“Our goal is to increase entrepreneurial success in Kansas City through high-quality support programs because we know from recent research that more startups lead to higher productivity, wage growth and quality of life for the entire community,” Kauffman Foundation CEO Wendy Guillies said in a release. “We believe the startups are empowered when they connect to established resources.

Image: http://www.startlandnews.com 

Cicada Insect Bug Nature

Swarms of cicadas are unexpectedly crawling out from under trees from North Carolina to New Jersey. The red-eyed insects are almost impossible to miss; they fly around lazily, plunking into backyard barbeques and crashing into cars. They litter the ground with their crunchy husks as they molt. Most noticeably, they chirp en masse for their mates, producing a relentless, shrill buzz that is recognized as a song of summer. And within a month they are gone.

 

Benari

Keeping your customers delighted; delighted to experience your product or service and delighted to share their experience with others. This is the essential task for every business.

How will you attract more people, connect with them more rapidly, build stronger engagement with them, extend their attention, and enhance your revenue? In our always connected world where distracted is our normal state of being, with the flick of a finger your boring messaging will disappear and be replaced with something else trying to capture your customer’s attention.

 

Al Ramadan Create Categories for Competitors Stanford eCorner

Play Bigger Advisors Co-Founder Al Ramadan describes the evolution of the category for software that manages business customer relations, and how Salesforce founder Marc Benioff came to dominate it by inventing a category for incumbents that made their software seem antiquated compared to the cloud service he was offering.

Image: http://ecorner.stanford.edu/

robot relationship

Many British people voted to leave the EU because they felt like they had been abandoned by the European project. The Union cannot afford to let the same happen when it comes to robotisation, warns Nomi Byström.

Nomi Byström is a postdoctoral researcher in Digital Disruption of Industry at Finland’s Aalto University.

The Brexit vote last June is high on the list of major political shocks in 2016. True, already prior to the result and for years, accusations in the UK against the Union could be exceptionally harsh, even vitriolic.

 

OncoImmune logo

ROCKVILLE, Md.--(BUSINESS WIRE)--OncoImmune, Inc. today announced that is has closed on a $15.0 million Series A round of fundraising led by 3E Bioventures Capital (“3E”).

The new capital will be used primarily to develop a novel clinical stage asset targeting the CD24-Siglec pathway that regulates host inflammatory response to tissue injuries, which has broad implications in the pathogenesis of autoimmune diseases, cancer and graft-versus-host disease (GvHD). OncoImmune will continue clinical testing of its lead clinical product, CD24Fc, in a Phase II trial for the prevention of acute GvHD following myeloablative allogeneic hematopoietic stem cell transplant. CD24Fc has received orphan drug designation for GvHD in both the US and Europe. The funding will also support development of other immuno-oncology (IO) assets with a focus on solid tumor targeting monoclonal antibodies, cancer vaccines, and immunotherapy-related adverse events.

 

esight

Some wearables help people track how many steps they take in a day, but others can change lives entirely.

A special headset with a video camera, the eSight 3, lets people with certain types of blindness see things near and far.

"What it does is it uses a video camera to capture what's going on in front of someone in real time, allows the user to control how that video is processed, and then through a series of advanced optics and very high-resolution display, it presents that video image to the user in such a way that it overcomes in many cases the cause of their vision loss and allows them to see very well again," said Dr. Brian Mech, president and CEO of eSight.

Image: esight

TRAVIS-BRADBERRY-

There are some things you simply never want to say at work.

These phrases carry special power: they have an uncanny ability to make you look bad even when the words are true.

Worst of all, there’s no taking them back once they slip out.

I’m not talking about shocking slips of the tongue, off-color jokes, or politically incorrect faux pas. These aren’t the only ways to make yourself look bad.

 

fruit

Healthy city living is about more than eliminating food deserts and boosting access to healthcare. It also means the ability to safely ride your bike down the street, breathe clean air and not have to choose between paying the rent or buying dinner.

A two-year analysis from Maryland-based de Beaumont Foundation’s CityHealth project sized up the 40 largest U.S. cities by all of these factors and more, and found that more than half aren’t taking the necessary steps to improve the health and well-being of their residents.

 

runner

Running has a reputation for causing wear and tear on knees over time, leading to joint pain, arthritis or other injuries. But a recent small study found that 30 minutes of running actually lowered inflammation in runners' knee joints, leading many to question whether running really does increase a person's risk for injuries—or if it helps prevent them.

 

McKinsey and Company

To fully benefit from new business technology, CIOs need to adapt their traditional IT functions to the opportunities and challenges of emerging technology “ecosystems.” Here’s how it’s done.

IT has traditionally functioned as the foundation to keep a company running. One of its core functions has been to protect company operations with firewalls and encryption to keep external technologies out.

 

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The total number of IPOs fell 38% per year for the last two years.

If we focus only on tech IPOs, the downturn is even more dramatic. There were only 15 tech IPOs last year, which is down from 28 in 2015 (-47% year over year) and 62 in 2014 (-55% year over year).

Image: https://www.wallstreetdaily.com

Texting Mobile Phones Hands Two Text Phone Mobile

So, here we are: With a new president come new concerns over surveillance powers that could so forcefully bite us in the ass.

The public has good reason to believe that President Donald Trump would love to expand data-collection programs in his administration. He's said, repeatedly, that he'd like to surveil mosques. Rep. Mike Pompeo—Trump's pick

 

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TED-style talk with mayors of Silicon Valley cities. Brought to you by Bay Area Futurists and Science Fiction Society of Silicon Valley.

Entrance is FREE.

What would cities look like at year 2050? Will there be cars? Will we have to pay rent? Will there be police?

Guests: Mayor of Palo Alto – Greg Scharff Mayor of Menlo Park – Kirsten Keith Former Mayor of Mountain View – Mike Kasperzak

 

President Donald Trump

For the last eight years, Nicolas and Rachel Sarah have been slowly weaning themselves off fossil fuels. They don’t own a refrigerator or a car; their year-old baby and four-year-old toddler play by candlelight rather than electricity at night. They identify as Christian anarchists, and have given an official name to their search for an alternative to consumption-heavy American life: the Downstream Project, with the motto to “do unto those downstream as you would have those upstream do unto you.”

 

FScrantonor more than a century, the Globe Store was the heart of Scranton’s downtown. Now closed for 23 years, it remains a powerful symbol to nostalgic Scrantonians who collect its artifacts and reminisce about the beloved retailer on Facebook and YouTube.

Now life is coming back to the iconic building. A year ago, the shuttered store’s display windows were filled with an exhibit of Globe Store artifacts: gift boxes and cards, shopping bags and labeled merchandise. In December, shoppers once again thronged the Globe’s first floor for a ScrantonMade seasonal market.

 

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Maps that detail the contours and boundaries of housing discrimination during the Great Depression were among National Geographic’s Best Maps of the Year.

Johns Hopkins historian N.D.B. Connolly was one of the academics behind “Mapping Inequality,” according to the JHU Hub, as one of a group of professors from four universities that brought maps from the National Archives online. A team from the University of Maryland’s Digital Curation Innovation Center led by Richard Marciano also played a big role.

Image: HOLC's map of Baltimore. (Screenshot via Mapping Inequality) 

passport

As the founder of CoinTelegraph and a partner in BitNation, entrepreneur Toni Lane Casserly is starting to think about a world with more fluid borders. Whether it’s through what she terms a “civilized refugee crisis” as a result of climate change, a refugee crisis as a result of continued war and conflict, or the progression of humanity's mindset (which admittedly will take much longer, if it happens at all), a technology is being cultivated to support such a world: Blockchain.

 

Dollars Dollar Bills Banknotes Money

In May, new rules from the SEC went into effect that allow companies to raise capital from anyone in the U.S., opening up opportunities for people, who typically did not have access to these types of deals in the past. It took nearly four years for the rules to kick in after the 2012 JOBS Act allowed for equity crowdfunding, and meanwhile, 30 states enacted their own crowdfunding laws.

 

china flag in shanghai

CHINA is on the cusp of an innovation revolution, with the country's biomedical and healthcare sectors making great leaps in the last decade. The achievements are quite visible: the exponential growth of publication of academic articles, patent filings, international exchanges, globalisation of new drug R&D activities, and accessibility of new drug R&D technology capability platforms from both China and overseas, just to name a few.

 

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What do you picture when you hear of new technologies and hot startups? Perhaps a trendy office space overlooking the Golden Gate Bridge and tech moguls from San Francisco? Well, think again.

At the recent Global Entrepreneurship Summit (GES) in Silicon Valley — an annual event hosted by President Barack Obama and attended by nearly 700 entrepreneurs — one message came across clearly: Great ideas come from anywhere. And, increasingly, they’re coming from talented entrepreneurs who are overcoming the odds in cities like Nairobi, Kenya or Kingston, Jamaica.

Image: https://blogs.worldbank.org

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In the wake of Brexit, somebody drove a mobile billboard around London with a message on it imploring startups to "Keep calm and move to Berlin."

But as this chart from Statista shows, Berlin doesn't really need the help. It's already the top of the heap in Europe when it comes to size of venture capital investments, and investment is growing faster there than in London. Interestingly, VC investment in Stockholm skyrocketed last year, vaulting the Swedish capital ahead of Paris. 

Image: http://www.businessinsider.com/

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Start-up Village (SV), India’s first PPP model incubator, is all set for a national scale-up with the Department of Science and Technology approving Start-up Village’s phase 2 in its completely digital version. The world’s first digital incubator for student start-ups ‘SV.CO’ will be launched on July 13 at Thiruvananthapuram. The Phase 2 will focus on creating an entrepreneurial culture amongst the country’s five million engineering students by providing them a completely digital incubation framework, ranging from application for admission to teaching, mentoring and graduation, officials of SV said.

Image: http://www.financialexpress.com

classroom and lecture - wikimedia commons

"Nervous about getting up in front of a crowd? Just imagine your audience in their underwear!"

"Wondering how you can grab everyone's attention? Crack a joke to break the ice!"

There’s no shortage of well-meaning public-speaking advice out there—some of it familiar to the point of cliche, some of it novel.

The truth is that to become a great speaker, you need to be aware of what you shouldn’t do just as much as what you should do. And to get your head around both the dos that will help you become a more powerful communicator, you first need to ditch the bad advice. These six common ideas should be the first to go.

Image: via Wikimedia Commons

obama

It is rare to go to a government event, especially where political leaders are speaking, in which you can stay awake or be truly inspired. Indeed, I had very low expectations of President Barack Obama's Global Entrepreneurship Summit (GES), which was held at Stanford University last week. I thought it would be nothing more than a publicity vehicle for the administration. But I left extremely impressed with the dynamism and energy that it generated and the positive impact it had on the entrepreneurs who were there from the United States and the developing world.

 

Shadow Shadow Play Hispanic Human Light Personal

Entrepreneurs can often be so focused on making the company culture fun and lighthearted, that employees don’t understand the importance of productivity. That’s why we asked 12 founders from Young Entrepreneur Council (YEC) how they make their expectations clear without damping the mood. Here’s what YEC community members had to say: Play at Work

 

Facial recognition tech could be key to saving coral reefs

Scientists are using facial recognition technology and 360-degree underwater photos to examine the effects of coral bleaching in a speedy and innovative way. 

New software building on the two can examine thousands of images over weeks, rather than years. It's 900 times faster than previous methods and more accurate than a human. 

 

Natalie Neelan

Company culture: the shared beliefs and behaviors of the collective. If you want to change the culture, you have to change the beliefs and the behaviors of the people one mind at a time.

Unwritten Rules

I believe that the culture lies within the unwritten rules of a company. The unwritten rules of an organization are where the beliefs and behaviors come to life. These unwritten rules are then shared person to person. For example:

 

san jose, california office building

The California Supreme Court reached this decision Monday after representatives from the building industry argued that affordable housing mandates could be considered “government confiscation of property,” the San Francisco Chronicle reports.

The California Supreme Court reached this decision Monday after representatives from the building industry argued that affordable housing mandates could be considered “government confiscation of property,” the San Francisco Chronicle reports.

 

abandoned buildings

Frank Alexander wasn’t expecting his book, Land Banks and Land Banking, to wind up so big.

“In 2010, when we created the Center for Community Progress one of the reasons we did so, Dan Kildee and I, is [because] we could not keep up with the demand, the calls we were getting about vacant and abandoned properties, or requests for help for drafting legislation,” says Alexander, an Emory law professor. “The 2011 [book] was purely a defensive measure on my part as a way of getting information out there so I didn’t say the same thing on a telephone call everyday.”

 

chess

One of the greatest challenges for a startup founder is growing the startup into an organisation that is far beyond his own strengths and limitations. It can be sometimes difficult to part with responsibility when what you’re responsible for, has become an integral part of you. That’s when you find you need to hand over responsibilities to people you trust and more importantly, people who can do what you do: lead.

 

kids

As the founder and CEO of Training the Street, Scott Rostan has been teaching financial-training courses to interns and analysts at Wall Street firms as diverse as Credit Suisse, UBS, and the Blackstone Group for more than 15 years.

Before that, he was a new hire himself on Merrill Lynch's investment banking team.

 

business team

It takes a dedicated amount of time and energy to build good, strong, lasting business relationships today. They are such an integral and necessary part of success, but people don’t seem to want to put in the work. Alert: lasting business relationships just don’t happen and develop without the dedicated, consistent work. Our business network should be a qualified, selective group of people we count on, tap into and rely on for support, direction and insight. We have to find that balance of being givers and takers. We can’t just give or take, we need both. Far too many people don’t ask for help when they need it and that can be fatal in small business.

 

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Engineers at Harvard have developed a soft robotic glove that allows people with limited hand mobility to grasp and pick up objects. The device could help the estimated 6.8 million people in the United States who have hand mobility issues, whether from a degenerative condition, stroke, or old age.

Nine patients with ALS, muscular dystrophy, incomplete spinal cord injuries, or complications from a stroke have tested the glove so far.

Image: http://www.technologyreview.com

business model innovation

Leading CEOs worldwide expect major changes to their company’s business model until 2020. As a consequence, organizations are currently about to realize that, today, business model innovation has become as important as technological innovation. However, developing new and viable business models still represents a serious challenge for large incumbent firms despite their resources, know-how, and key technologies. This article provides 10 guidelines for mastering business model innovation challenges in established companies.

 

money

PALO ALTO, Calif., May 13, 2015 /PRNewswire/ -- Varian Medical Systems (NYSE:VAR) is announcing that financing for the Maryland Proton Therapy Center (MPTC) was completed today. The MPTC project is being financed by parties including Deutsche Bank AG, Varian, and several private investors. Varian has committed to loan up to $35 million to the project through its subsidiary in Switzerland. Varian's commitment is in the form of a subordinated loan that is due, with accrued interest, in three annual payments from 2020 to 2022.

 

columbus, ohio - USA - America

In 2010, community and business leaders formed an economic-development group and set ambitious goals for the next 10 years: 150,000 new jobs, $8 billion in capital investment and per-person income growth of 30 percent.

Five years later, Columbus 2020 says it is on track to meet those goals and even exceed them, according to a report to be released this morning.

 

TNewImagehe EBAN Awards ceremony took place during the Gala Dinner on evening of the 7th of May at the Evoluon Conference Center in Eindhoven, the Netherlands. 

EBAN recognised European Business Angel Federations, Networks and Investors who have demonstrated excellence and commitment to driving business angel investment over the last year. Furthermore, MBAN awards were granted for the first time for two different categories and also two special recognition awards were assigned to the organizations and individuals actively engaged in the angel investment community. Paulo Andrez, President Emeritus of EBAN, joined President Candace Johnson in bestowing the awards.

Image: http://us2.campaign-archive2.com

leader

Two-thirds of US public and private companies still admit that they have no formal CEO succession plan in place, according to a survey conducted by the National Association of Corporate Directors last year.1 And only one-third of the executives who told headhunter Korn Ferry this year that their companies do have such a program were satisfied with the outcome. These figures are alarming. CEO succession planning is a critical process that many companies either neglect or get wrong. While choosing a CEO is unambiguously the board’s responsibility, the incumbent CEO has a critical leadership role to play in preparing and developing candidates—just as any manager worth his or her salt will worry about grooming a successor.

 

germany

Starting today, people in Germany can crowdfund their bright ideas using Kickstarter. If it comes as a surprise that they haven't been able to do so for a long time, that's understandable.

Germany, after all, is the fourth biggest economy in the world. It has the largest population in the European Union. It's famed for the quality of its engineering and the caliber of its technical universities—valuable assets when it comes to creating the sort of gadgets that rank among the highest-profile Kickstarter campaigns. Basically, if you were to design a country from scratch to be an attractive venue for crowdfunding, it would have many of the characteristics of the German market.

 

startup

Being an entrepreneur seems to be one of the most popular lifestyle aspirations these days. According to most definitions, anyone who starts a business is an entrepreneur, but most people don’t realize there are many startup types out there, and picking the wrong one can be just as disastrous as being stuck in a cubicle at work, or doing things with no interest and no skills.

 

number 5

At EMC World, columnist Rob Enderle attended a session on venture funding efforts. Because EMC takes a different approach it often has to defend its strategy. So here is a look at the ‘5 stages of venture capital denial’ developed by EMC’s investment group.

 

Venture Capital Trends East Meets West Lewis Geffen Co chair Venture Capital Practice Mintz Levin JDSupra

Lewis Geffen discusses US venture capital trends and how they have migrated from the West Coast to the East Coast and vice versa. For example, East Coast investors have become more “company-friendly” with their terms, due to a change in mindset among successful investors who want to follow the West Coast model. This shift has prompted a decline on the East Coast in the use of accruing dividend provisions and participating preferred stock. Additionally, there are some trends migrating from East to West for different reasons, including See more +

 

desk

If your ideal job involves clocking in at 9 and heading home at 5, good luck finding it. According to new research from tax and consulting firm EY, people across the globe are working longer hours than ever before. In a global survey of 9,700 adults between ages 18 and 67, nearly half (46%) of managers around the world reported logging more than 40 hours a week, and 40% said their hours have increased over the past five years. Read more: http://www.businessinsider.com/working-more-than-40-hours-a-week-2015-5#ixzz3ZJ1Y9grq

money

NextGen Angels recently announced plans to bring its brand of under-40, entrepreneur-friendly angel investors to 12 more U.S. cities, with plans for international expansion down the line. I caught up with CEO Dan Mindus, who founded the group in 2012, about both the expansion and the venture market in the Greater Washington area. Based on our conversation, there are two important things about the local funding market that every entrepreneur should probably know:

 

learn

Despite the rush in every academic institution to offer more courses on entrepreneurship, I still haven’t found it to be something you can learn in school. Of course, you can pick up the basic principles this way, but the problem is that the practical rules for success are changing so fast that no academic can keep up. The best thing you can learn in school is how to learn.

 

innovation

Innovation. Every company wants it. Entire books have been written about it. Scores of business consultants make their living off it. And the press are always applying it as a label to whatever product, company, or idea is hot at the moment. But the use of the term 'innovation' to describe so many different things has pushed the concept dangerously close to becoming nothing more than an overused corporate buzzword with no real meaning. And meaning matters.

 

fda logo

WASHINGTON—Having secured a funding boost for the National Institutes of Health in the 21st Century Cures legislation, House Democrats now say the Food and Drug Administration would be ill-equipped to handle the new burdens under the bill without more resources.

Rep. Frank Pallone (D-N.J.), the ranking member of the House Energy and Commerce Committee, raised the matter during a hearing Wednesday on the latest iteration of the legislative package, which is intended to accelerate the pace of innovation in medical drug and device development.

 

list

Being a startup founder who is obsessed with my own personal growth, I frequently get sucked into blog posts with titles like “The top 5 traits of all successful entrepreneurs.” These articles tend to cite characteristics such as passion, persistence, inspiration, an eye for talent, a data-driven mindset, great communication skills, and the ability to galvanize team members toward a common long-term vision.

 

STEVE ROSENBUSH

Good Morning. The United States is at risk of losing its edge as the capital of global innovation. In 1968, the country spent 9.1% of its federal budget on basic R&D; today, just 3.6%, the WSJ’s Robert McMillan reports. U.S. companies have also cut back. Until rather recently, much of that basic R&D, which isn’t tied to a particular commercial mandate, came out of corporate labs such as Bell Labs and Xerox PARC. Today, the U.S. relies on the federal government to fund nearly all of that work, and it just isn’t enough.

old cell phone

To meet the demands of 2020, the 5G research has attracted global attention and made remarkable progress. 5G will be the first meaningful unified wideband mobile communication system. A recent research has systematically overviewed the latest progress on the 5G research and highlighted the network architecture and several promising techniques which could be employed in the future 5G systems. The research also foresees potential research keypoints and directions.

 

snack

Researchers have identified two seemingly unrelated but strong predictors of obesity: having low self-esteem related to one’s weight and keeping food visibly available around the house, outside the kitchen.

The Ohio State University study focused primarily on determining whether the home environment – architectural features and food storage and availability – was associated with obesity, but also measured a number of psychological factors. While architectural features had no relationship to obesity status, several food-related findings did.

 

human body

BY DAVID LUMB

3-D scanning is widely used to ingest physical objects such as furniture into digital files. As its name suggests, Manhattan-based startup Body Labs wants to do the same with human bodies. But unlike a coffee table, your body changes, and a scan today won't be exactly the same as a scan made three weeks ago—which is exactly what Body Labs is counting on. By tracking your body's subtle changes, Body Labs is exploring just one of its technology's applications to build a happier, healthier you.

 

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A very small and rare species of shark is swimming its way through scientific literature. But don’t worry, the chances of this inches-long vertebrate biting through your swimsuit is extremely slim, because if you ever spotted one you’d be the third person to ever do so.

This species common name is the “pocket shark,” though those in the field of classifying animals refer to it by its scientific name Mollisquama sp., according to a new study published in the international journal of taxonomy Zootaxa. While it is small enough to, yes, fit in your pocket, it’s dubbed “pocket” because of the distinctive orifice above the pectoral fin–one of many physiological features scientists hope to better understand.

Image: http://scienceblog.com

Duke University logo

A special group of freshmen is taking Duke and Coach K back to the NCAA Final Four.

The Blue Devils and their trio of freshmen starters are going to their 16th Final Four, a record-matching 12th for coach Mike Krzyzewski, after a 66-52 win Sunday in the South Regional over Gonzaga.

 

Lewis Perelman

Up until about 20 years ago, it was simply another, somewhat uncommon way to speak about interference. Now, “disruption” is a thing each of us knowingly permits, and that purported leaders both intend and seek — without really asking whether there is some value worth preserving in whatever order we’re upsetting.

To disrupt is the raison d’etre of seemingly every startup. The rowdy children of the business world, startups are eager to disrupt for the sake of it. Merely improving upon a product or service seems weak in comparison to upending an existing industry. There is even a tech conference called Disrupt, offering a Silicon Valley American Idol for hopeful moguls with a side of hype and occasional outbursts of casual misogyny.

 

pb clock time change

The transition to daylight saving time this Sunday at 2 a.m. may be particularly hard for people who are unhealthy, a new study suggests.

Researchers found that people who are obese or have obesity-related health problems have higher amounts of  "social jet lag," which is when the body's internal clock is out of sync with a person's social and work clocks. Daylight saving time can worsen this condition.

 

Roche

HEIDELBERG, Germany, February 24, 2015 /PRNewswire/ --

Roche and BioMed X announced today that they have entered into a collaboration agreement to establish a research group focusing on the development of a novel sensor technology platform based on new nanomaterials such as graphene.

Outstanding early career scientists from leading academic institutions world-wide are invited to submit original project proposals in the fields of biotechnology, nanotechnology and engineering.

 

DOE Logo

DOE Launches Office of Technology Transitions. The Department of Energy (DOE) has formed the Office of Technology Transitions (OTT), a DOE-wide unit that will "coordinate the commercial development of DOE's research outputs" in order to expand the commercial impact of DOE research. The OTT will coordinate technology transfer activities at all DOE research and production facilities, including the 17 DOE national laboratories. The OTT will also house the DOE's Energy Technology Commercialization Fund, a $20 million fund that is used to support the commercialization of applied energy technologies by matching private investments.

 

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Epic Games has created a $5 million fund to provide financial grants to developers who are creating games and other innovative projects.

In doing so, Epic is joining a number of game-platform owners who are courting developers with actual cash to help them create games that run on that platform. From a business view, it pays to invest in their own platforms. In this case, Epic Games is competing with rivals such as Unity for the hearts and minds of developers. And when it comes to creating a game that shows off a platform, cash is now king.

Image: Tim Sweeney Image Credit: Dean Takahashi 

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After days of rumors, the evidence is starting to mount that Apple is seriously considering building an electric car to take on Tesla. The Wall Street Journal reported Friday that the company has had a project code-named “Titan” in the works for the past year, with "several hundred" employees assigned to it.

The WSJ notes, of course, that “Apple may decide not to proceed with the car,” and adds that that the battery and electronic technologies developed in the project could be useful in other divisions of Apple. But it also cites insiders suggesting that the size of the team and some of the individuals working there “indicate that the company is serious.”

Image: http://readwrite.com 

glaxosmithkline logo

GlaxoSmithKline (GSK) has taken control of Swiss company GlycoVaxyn in a $190m deal that bolsters its early vaccines pipeline.

GSK already owned a stake in GlycoVaxyn and had been working with the company since 2012 on the development of conjugate vaccines for bacterial infections. 

Buying the remainder of the company gives it a portfolio of early-stage candidates including an Escherichia coli vaccine in phase I trials and - more importantly - exclusive rights to the Swiss company's platform technology for making new vaccine candidates.

 

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Roche ($RHHBY) now has another approval under its belt for eye drug Lucentis. And it's in a market it can call its own: Lucentis is the first U.S.-approved treatment for diabetic retinopathy (DR) in patients with diabetic macular edema (DME).

That's an edge Roche can now boast over Regeneron ($REGN) rival Eylea. While both meds have the regulatory green light to treat DME--which hits almost 750,000 U.S. patients, Roche notes--only the Swiss pharma can say its drug heals retinal damage in those patients. Together, DME and DR are a leading cause of blindness in U.S. adults under the age of 55.

 

Joanne S. Lawton
Dr. Keith Dunleavy, seen here in 2008 when his health-tech company was called MedAssurant.

Inovalon Holdings Inc., a Maryland health-tech company with a focus on data analytics, is scheduled to go public next week in an offering expected to raise up to $613 million. That's up from the $500 million the Bowie company originally estimated when it first filed to go public back Dec. 30. The company, in its amended Jan. 29 filing, said it will offer 22.2 million shares of common stock at an estimated price of $20 to $24 per share.

Image: Credit: Joanne S. Lawton -  Dr. Keith Dunleavy, seen here in 2008 when his health-tech company was called MedAssurant.

Cytomegalovirus

Some people seem better than others at fighting the flu, and you might suspect they were born that way. A new study of twins, however, suggests otherwise.

In one of the most comprehensive analyses of immune function performed to date, researchers analyzed blood samples from 105 sets of healthy twins. They measured immune cell populations and their chemical messengers—204 parameters in all—before and after participants received a flu shot.

Image: Cytomegalovirus infection. Credit: Yale Rosen via Wikimedia Commons

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TODAY’S QUESTION: Many people say that one of Tennessee’s biggest challenges is later stage funding for start-ups that benefitted from TNInvestco monies. Is that a reality? If so, how can we address the need?  

David Belitz, Managing Partner, Chattanooga Renaissance Fund:

I do think the lack of later stage capital is real for Tennessee. However, I think the concerns are a bit overblown. If we build good companies, have good exits or just build big stable companies, the money will find us. I also think good entrepreneurs will find the money. It may not all be from Tennessee, but they will find it.

image: http://www.freedigitalphotos.net 

Tina Reed

Germantown-based Intrexon Corp. a synthetic biology company, plans to raise up to $150 million though a secondary offering of common stock, the company said late Tuesday. Intrexon (NYSE: XON) was trading at around $29 a share Wednesday. Led by biotech billionaire Randal Kirk, who serves as chairman and CEO and is the company's largest financier, Intrexon raised $160 million when it went public in 2013.

 

Roche

The Cobas Taqscreen MPX is the only test approved by the US Food and Drug Administration that can simultaneously detect the HIV, hepatitis B and C viruses in human blood and plasma, Roche said.     Having a single test eliminates "the need for consecutive rounds of testing" Roche said, stressing that it could shorten the time it takes to reach a crucial diagnosis of the killer viruses.

Image: Roche

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You don't have to be a nut to be healthy. You just have to want to get healthier than you are now. Baby steps.

Here are a handful of free, at-your-own-pace apps that can point you in the right direction if you're looking to slim down or perk up.

1. IF YOU'VE TAKEN THE "IGNORANCE IS BLISS" APPROACH TO EATING Fooducate

image: http://www.freedigitalphotos.net 

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e "next generation of science" is at risk unless major changes are made to increase opportunities for young researchers, Johns Hopkins University President Ronald Daniels wrote in a scientific journal article published Tuesday.

Only 1 percent of National Institutes of Health grants went to researchers under the age of 36 in 2012, less than one-fourth of the share three decades earlier, Daniels wrote in the Proceedings of the National Academy of Sciences. And researchers who see such statistics — and limited opportunities for tenured faculty positions — are increasingly discouraged, he warned.

image: http://www.freedigitalphotos.net 

Steve Tobak

Yes, I know everyone’s buzzing about 4K TVs, smarthome gadgets, and fitness wearables at the Consumer Electronics Show but I decided to sit this one out and actually get some work done. Besides, I’m too partied out from the holidays for Vegas.

Instead, I thought I’d give you a glimpse of what I think are some interesting venture capital trends as we head into the back half of the decade. But don’t expect me to crunch any numbers for you. These are insights you can base strategic decisions on; you’ll have to find charts for your marketing pitch elsewhere (or just click on the links).

 

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According to a recent article in The National Law Review, universities controlling and supporting the commercialization of their own research is not a new trend in the academic world. Recently, for example, the University of California created UC Ventures, “an independent fund to pursue investments in UC research-fueled enterprises” in September 2014, stated the school in a press release. 

 

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For years, organizations have lavished time and money on improving the capabilities of managers and on nurturing new leaders. US companies alone spend almost $14 billion annually on leadership development.1 Colleges and universities offer hundreds of degree courses on leadership, and the cost of customized leadership-development offerings from a top business school can reach $150,000 a person.

image: http://www.freedigitalphotos.net 

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The year of 2014 was a big year for telemedicine. The idea of using technology to provide remote health care has been around for years, but it really started to take off this year with the proliferation of wearable devices, and providers starting to embrace seeing patients through video chat.

In July, Dignity Health unveiled telemedicine robots to bring in specialist physicians from remote locations. Then, in October, Google unveiled a new ‘talk with a doctor now’ video chat service. Even pharmacies got into the act, with remote medical kiosks popping up in Walgreens, CVS, and Wal-mart.

image: http://www.freedigitalphotos.net 

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The year 2014 ushered in a new wave of what is often wrongly thought of as the “sharing economy.” It’s more accurately termed the Rental Economy—a collection of changes that have empowered anyone to loan out goods and labor at the touch of a screen.

This year saw a rise of focused yet decentralized startups making it possible for ordinary people to supplant the roles traditionally played by, for instance, taxi fleets and hotel chains.

Image: http://readwrite.com/ 

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NEW YORK — Startups in the San Francisco Bay Area receive heaps of attention for their technological developments, partly helped by hefty funding rounds from prominent local venture capitalists. But as far as Jon Lehr is concerned, if startups aspire to sell their technology to big companies, they would do well to consider a little city called New York.

Image: Office space for startups at Work-Bench in New York on Dec. 11. Image Credit: Jordan Novet/VentureBeat 

Joe Nocera

“If meritocracy exists anywhere on earth, it is in Silicon Valley,” wrote David Sacks in an email to The Times’s Jodi Kantor.

Kantor was working on an article, published in The Times on Tuesday, about the Stanford class of 1994 — the class that graduated a year before Netscape went public, and, for all intents and purposes, started the Internet economy. She was exploring why the men in that class had done so much better in Silicon Valley than the women.

 

Jonathan Salem Baskin

I’ve prepared one-stop primers on the three areas I’ve focused on this year — privacy, innovation, and reputation — to give marketers an overview (with lots of useful links) on where we’re at right now, and a few actionable suggestions for 2015. They’re also subjects I’ll follow next year, so I hope we can have an ongoing dialogue.

Summary:

Every company innovates. It’s an inescapable function of operating each day and, like both voting and abstaining contribute to the outcomes of elections, some of it is purposefully notable, and lots of it forgettable by default. Innovation is also a buzzword du jour of management theory, media headlines, and the pipe dreams of generation of wantrepreneurs, so addressing it from a marketing perspective is all but unavoidable in 2015. The questions of what and how will loom large.

 

tesla

During Tesla's (NASDAQ: TSLA  ) annual shareholder meeting earlier this year, CEO Elon Musk promised "a fairly exciting upgrade to the Roadster." On Friday, Tesla finally revealed what Musk was referring to: an upgrade that can boost the Roadster's all-electric range from 245 miles to around 400 miles. 

Image: Tesla's Lotus-inspired Roadster. Image source: Tesla Motors. 

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Recently, I launched a way to get myself more involved within the entrepreneurial community globally, called office hours. It is one of my favorite ways to easily meet smart and aspiring entrepreneurs.

While hearing and working with many smart entrepreneurs, I have realized that many of them are making significant leaps towards leaving the corporate world and carving a path on their own.

image: http://www.freedigitalphotos.net 

Iowa

Deloitte Consulting LLP of Chicago, in a 50-state study of economic indicators commissioned by the Iowa Chamber Alliance, found that Iowa ranks in the bottom quarter of states in providing a good business environment for small to medium-sized companies. The state also ranked in the bottom 25 percent for tax complexity and providing a good place for entrepreneurship and innovation, Deloitte's regression analysis of all states found.

 

data

"There is an increasing appreciation by people that they actually own their data"

In the field of health research, data have long been held closely by the researchers who collected it. The knowledge is considered proprietary information owned by whoever conducted and funded the study, even if it has the potential to lead to future health advances.

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California has been associated with risk-taking, entrepreneurship and innovation since the Gold Rush. Today, California is still an innovation engine in such varied sectors as agriculture and the Internet. But only one homegrown industry can stake a claim as a leading contributor to our state’s economy and the health of people around the world: the life sciences sector.

Image: UC Davis researcher Lutz Froenicke, who has sequenced the genome of the peanut, is part of California’s growing biomedical sector. MANNY CRISOSTOMO This email address is being protected from spambots. You need JavaScript enabled to view it. 

toronto

Each year, MaRS conducts a survey of our “ventures,” the startups we support with venture services. As part of Data Catalyst’s work trying to discover trends and patterns in the innovation economy, we thought the MaRS venture survey results would provide an interesting window into the startup ecosystem in Toronto and surrounding region. The survey results aren’t all encompassing, of course, but with 597 companies reporting, it’s a valuable dataset that provides a snapshot of what’s happening in and around the city.

 

rollercoaster

Watch a bunch of interviews of founders of successful companies, and here’s what you don’t hear:

We tried eight different marketing channels — AdWords, Facebook, Twitter, Pinterest, social media, events, retargeting, SEO, guest-posting, PR, and so on. All of them worked a little bit, so together it was substantial — a trickle from each that added up to a river. Then we optimized each of them, improving each a bit more every month, and sure enough revenue doubled every year.

 

boston

The historic Athenaeum Press Building is a squat, brick structure that dominates a block on the eastern edge of Cambridge, Mass., adorned with a statue of its namesake Greek goddess staring across the Charles River into Boston.

On a July morning that dropped enough rain to trigger flash-flood warnings, Alexis Borisy sat on a black club chair in the cavernous lobby, wearing the fedora he is rarely seen without and a polar bear patch on the knee of his jeans (which, it turns out, has less to do with global warming than with the fact his kids really like polar bears).

 

healthcare

The US healthcare industry is undergoing a major transformation as healthcare reform encourages consumers to play a far more active decision-making role. Yet despite this traditionally business-to-business industry moving quickly to a business-to-consumer model, companies have been slow to join the digital movement. Unlike successful B2C companies in other industries—which offer mobile solutions, provide personalized product recommendations, and empower customer-service agents with a 360-degree view of the customer—most healthcare providers and payors are lagging, as are pharmaceutical companies and medical-device manufacturers. That’s problematic when customers are increasingly expecting a better, more personalized experience from companies taking advantage of the host of digital tools and analytics at their disposal.

 

surveyCLEVELAND, Dec. 2, 2014 /PRNewswire/ -- Newly released data from a recent national survey shows companies are fearlessly leveraging Open Innovation (OI) to develop groundbreaking products, accelerate business results and lead their industries.

This means organizations are achieving innovation goals by drawing from resources and solutions outside their own walls, while reducing risks through proven OI methodologies.

 

crowd

You might be interested in a methodology for solving issues which confront the founder or founders of an early stage (the garage version) emerging growth company as the company launches.

The idea, which occurred to me while speaking to an event sponsored by the Crowdfunding Professional Association ("CfPA") in DC on September 30th and October 1st, involves a dual approach for raising money, combining a pitch for donations under the rewards-based crowdfunding networks and platforms, the most prominent being Kickstarter and Indiegogo, with conventional fund raising under the auspices of Regulation D, Rule 506(b).

 

money

NEW YORK (CNNMoney) -- Utter the term "angel investing" to Dick Reeves, and you won't hear anything about 20-something tech billionaires clad in hoodies and sandals.

"Out here in the hinterlands, it's not Silicon Valley-like at all," said Reeves, who heads up Angel Syndicates Central, a Huntsville, Alabama-based network of small investors who provide seed funding for early stage companies.

"We're much more modest people. We invest much smaller amounts...it's a different game," Reeves told CNNMoney.

 

Mark Babbit

Do today's startup CEOs have an advantage over their corporate counterparts? Are they more likely to be digital natives -- and therefore leverage social media more effectively than old-school leaders?

In A World Gone Social, we talk at length about the dinosaur leaders who have failed to adopt social as an active listening device -- a way, for the first time in history, to gather the input of employees, customers and stakeholders in realtime at the right time. And, we provide examples of organizations that have discovered the power of social far too late, and then asked in bewilderment as their socially-enabled competition blew past them:

 

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NEW YORK and PALO ALTO, Calif., Nov. 17, 2014 BNY Mellon, a global leader in investment management and investment services, announced that it has established an innovation center in California's Silicon Valley. The opening of the facility is part of the company's plans to use emerging and disruptive technologies such as Cloud Computing, Big Data and the Internet of Things to gain new business insights, develop inventive, operational and technological capabilities, and identify potential new ventures that anticipate and cater to emerging client needs.   

Image: Free Digital Photos

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I recently became good friends with my water meter once I found it and cleaned the dirt off its face. This friendship was prompted by a water leak that made my bill go through the roof. There was no surface indication of the leak. I don’t pry the lid off the concrete container and manually check the water meter on a regular basis. Do you? Someone from the water company has to do that on a monthly basis to read the meter to determine my bill.

Image: http://rroyselaw.com 

cabinet

There have been reports that claim that New Jersey is no longer the pharmaceutical powerhouse it used to be, including a recent Asbury Park Press story by Michael L. Diamond (“What NJ needs to learn from other states,” Oct. 18).

We disagree. To paraphrase Mark Twain, reports of New Jersey’s demise are greatly exaggerated.

 

CIT

Herndon, VA  November 14, 2014

The Center for Innovative Technology (CIT) announced today the Commonwealth Research Commercialization Fund (CRCF) Request for Proposals (RFP) for FY2015. The solicitation opens on November 14, 2014 and award announcements are planned for early June 2015.

Governor McAuliffe and the General Assembly appropriated $2.8 million to the CRCF for FY2015 for programs targeting Virginia's public and private colleges and universities, the private sector, nonprofit research institutions, and political subdivisions. Six programs are being offered during this solicitation: Commercialization, Eminent Researcher Recruitment, Facilities Enhancement Loan, Matching Funds, SBIR Matching Funds, and STTR Matching Funds.

 

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A vote by the board of NorTech on Monday, Nov. 10, approving a merger with another regional economic development nonprofit, Team Northeast Ohio, marks the first step in a long-awaited private-sector strategy to boost the Northeast Ohio economy.

The business and philanthropic leaders behind the strategy see it as way to add vibrancy to a regional economy that has lagged the rest of the country in the creation of new jobs. The Team NEO board earlier approved the merger.

Image: http://www.crainscleveland.com 

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As cheap cloud computing services erode IBM’s traditional hardware business with alarming speed, the company finds itself facing an uncertain future. If only there were some clever machine it could turn to for advice.

Image: A scientist from the Spanish oil company, Repsol, and an IBM researcher use a visualization tool developed in IBM’s Cognitive Environments lab, based in Yorktown, New York.  - http://www.technologyreview.com

Kerry Rupp, a managing partner at Dreamit Ventures

As CEO Kerry Rupp has presided over the expansion of technology accelerator DreamIT Ventures from moving into areas like Austin, Baltimore and Israel to expanding into new areas such as healthcare and minority-led businesses. But Rupp has stepped down, according to a report from Technically Philly.

Image: Kerry Rupp, a managing partner at Dreamit Ventures

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University of Pennsylvania President Amy Gutmann and David L. Cohen, chair of Penn’s Board of Trustees, hosted Penn students, faculty, staff, alumni, trustees and friends, as well as the region’s business and tech community, at a series of events last Friday to celebrate innovation at Penn and showcase Penn’s Pennovation Works, at the South Bank, a hub for innovation and new business ventures.

Image: http://www.upenn.edu

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Investors and innovators have been trying to develop better tools for groups to communicate, collaborate, and make decisions for decades. Since businesses have become increasingly global and engage more remote workers, the need for collaboration tools is even more pronounced. And while hundreds of millions have been spent on technology, investors still think that there’s more work to be done.

Image: http://techcrunch.com

haloween

Remember about 10 months ago, when you swore that this would be the year that you finally get your act together and plan a Halloween costume ahead of time?

Yeah. There's always 2015.

If you've found yourself panicked because you waited until the last minute to select a costume, don't worry. Depending on your level of skill in painting, makeup, hair and wardrobe, there's likely a costume below that you can create ASAP. (Remember: you can always keep it simple, stupid.)

 

white house

Delivering recommendations from a presidential committee he co-chaired, MIT President L. Rafael Reif addressed a forum on the future of manufacturing in the U.S. hosted by President Barack Obama at the White House on Monday. The President’s Council of Advisors on Science and Technology issued a report from the committee, known as the Advanced Manufacturing Partnership (AMP) 2.0, outlining a series of recommendations for renewing advanced industrial production in the U.S.

 

ge-healthcare-logo

Today GE Healthcare officially opens Health Innovation Village, its first health tech startup campus, at its Finnish headquarters with the Minister of Economic Affairs in Finland, Jan Vapaavuori and the Mayor of Helsinki, Jussi Pajunen.

The Health Innovation Village saw its first inhabitants move in this summer. Today, it is the home of 20 health tech startups operating in the fields of wireless technologies, sensors as well as apps and cloud services.

Global Money

KATHMANDU: The Nepal Electricity Authority (NEA) has seized bid bonds from two hydropower project promoters after they failed to generate electricity as agreed.

The Commission for the Investigation of Abuse of Authority (CIAA) on August 29 had written to the Authority urging cancellation of survey and electricity generation licence of those who failed to generate electricity as stated in the Required Commercial Operation date (RCOD) of the Power purchase agreement (PPA).

 

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Capital investment activity at non-corporate businesses has been declining for the past decade, data from the Federal Reserve’s Flow of Funds report shows. Between 2000 and 2011, the latest year data are available, the average non-corporate non-financial business reduced its gross fixed capital formation by one-third, when measured in inflation-adjusted terms.

This decline is troubling. Investment in machines, office equipment, vehicles, software, and other fixed assets helps companies to boost their productive capacity. A lower average level of investment means that businesses are investing less in plant and equipment than they used to.

Image: http://smallbiztrends.com

Johnson and Johnson

Johnson & Johnson Innovation, LLC. announced that it intends to expand J-Labs (formerly Janssen Labs) and include a new incubator branch at Texas Medical Center’s (TMC) recently-launched Innovation Institute. Headquartered in Houston, Texas, J-Labs will feature a 30,000-square foot facility that will accommodate up to 50 life science startups. The announcement was part of a presentation at the Texas FreshAIR annual conference, an initiative designed to create partnerships between the University of Texas (UT) System and the life sciences industry. UT operates numerous research and clinical care facilities within TMC, which recently opened a new program, the Texas Medical Center accelerator (TMCx), to offer support to entrepreneurs and help develop early-stage companies.

 

money

Inovio Pharma (Nasdaq: INO) announced the Defense Advanced Research Projects Agency (DARPA) has awarded $12.2 million for a collaborative study that will be conducted by scientists from the Perelman School of Medicine at the University of Pennsylvania; Inovio Pharmaceuticals; and MedImmune, the global biologics research and development arm of AstraZeneca (NYSE: AZN). The group will develop DNA-based monoclonal antibodies (mAbs) for infectious disease treatment. DARPA is an agency of the US Department of Defense that creates and supports novel technologies important for national security.

 

Neha Prakash

Ah, the beauty of the food chain.

Beachgoers at Cape Lookout National Seashore captured sharks getting their grub on earlier this month in a massive feeding frenzy near the Crystal Coast of North Carolina. Hundreds of sharks followed a school of bluefish right onto the beach on Oct. 8, while seagulls and pelicans dove in for the leftovers.

 

Geri Stengel

Inherent gender differences between men and women do not make one gender better or worse at high-growth entrepreneurship, said Teresa Nelson, Ph.D., Astia Global Advisory Board, Astia Executive in Residence 2013-14, and Chair in Entrepreneurship at Simmons College. Social norms, expectations, and early training direct men and women down different paths. It is only recently that there has been a concerted effort to change perceptions and provide training.

 

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A recent report published in the October issues of Entrepreneur magazine points out that Harvard University and Babson College are among the top colleges for entrepreneurship, putting together top-tiered entrepreneurship curricula for their students.

The rankings were produced by Princeton Review and are separated into two sections: undergraduate and graduate programs. According to the rankings, Harvard University ranks first place in graduate programs, while Babson College tops the undergraduate list.

 

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A business’s professional appearance is directly related to the degree of competence, trustworthiness and available resources they exude to clients and potential leads alike. If someone were to consider using a business’s services, only to walk into their office and find its clutter reminiscent of a pigsty, they are very unlikely to trust that business with anything at all, much less their financial interests.

Image: http://ventureburn.com

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LinkedIn’s vision is to create economic opportunity for every member of the global workforce. Facilitating economic empowerment is a big task that will require bold thinking by smart, passionate individuals and groups. Today, we’re kicking off an initiative that aims to encourage this type of big thinking: the LinkedIn Economic Graph Challenge.

Image: http://blog.linkedin.com

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A sergeant in the city police force was worried about rising ethnic tensions. With a few keystrokes on his computer he mapped the boundaries between the feuding ethnic groups and altered the daily patrol schedule to focus more on those areas. A manager of the local public-health systems was working to contain an outbreak of an infectious disease in one of the city’s shantytowns.

Image: Free Digital Photos

What drives you as an entrepreneur — ambition or obligation? - GeekWire

Morehouse College was founded just two years after the Civil War. The Atlanta, Georgia historically black college would go on to be one of only two to produce Rhodes Scholars, and count among its alumni none other than Dr. Martin Luther King, Jr.

On Oct. 24-26, its historic grounds will be the setting for a one-of-a-kind event: The Platform Summit. Luminaries from the arts, business, and politics will join together with young people and future luminaries to produce powerful solutions to diversify the innovation economy.

Image: Free Digital Photos

Davig Havyatt

The Commonwealth's announcement yesterday that it will invest $12 million into boosting 'STEM' subjects in Australian schools is yet another example of its failure to recognise the critical nature of these skills to the future of our economy.

The funding would be great to boost science, technology, engineering and maths in one city or one region, but spread across the national schooling system it works out at about $4 per head.

 

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We are operating in a new business environment -- one that is purpose led. Millennial buying power is projected to increase to 50 percent by 2020, and they are increasingly making up more of our workforce. For this cohort, buying -- and working for -- brands that have a firm purpose is a primary driver for engaging with them. As a result, smart companies are laying the groundwork for long-term survival in this fast-changing time by making 'purpose' a driver of both innovation and decision-making.

Image: Free Digital Photos

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So you've dragged yourself to a networking event. Now what? Standing by the hors d'oeuvres table isn't going to get those contacts you need for your next big project or job search.

Looking open and approachable--where your eyes, smile, and feet are pointed--is your starting point. From there, you can use a few small-talk conversation starters to break the ice. Keep your eyes off your phone, and you'll be fine.

Image: Free Digital Photos

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HUNTSVILLE, Alabama – Before you dip your toes in the entrepreneurial ecosystem, Geeks and Nerds (GaN) Corporation Chief Executive Officer Jonn Kim has three words of wisdom: "Start with passion."

Kim, winner of the 2014 Russell G. Brown Executive Leadership Award from the Chamber of Commerce of Huntsville/Madison County, said passion is the fuel organizations need in a dynamic – and competitive – business climate.

AL.com asked several successful entrepreneurs and small business advocates in the Huntsville area to share their advice for fledgling startups.

Image: Rob Adams, owner of Mind Gear Labs in Madison. (File)

caution

Let’s just get this one out of the way.

1. You probably won’t get a fair hearing. The seductive narrative of Silicon Valley stars a genius-hero who goes on a journey, overcomes myriad obstacles, has a flash of insight and is rewarded by wise and benevolent investors with Series A funding.

This narrative is bullshit, but it’s everywhere. Take Marc Benioff’s bookBehind the Cloud. Not to pick on Benioff – I’m a fan, his foundation does good work and his book contains its own chapter on why you shouldn’t raise VC – but he started salesforce.com on leave from his executive gig at Oracle, with $6m in savings (!!!), $2m in seed money and the mentorship of Larry Ellison. That makes it difficult to buy into any portrayal of him as an underdog — but it also offers some insight into the kinds of people that do get funded.

 

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Slapping an alarm clock and dragging yourself out of bed is no way to start the next best day ever. We have a few more effective ideas, from the likes of Mark Twain, Benjamin Franklin, and others.

"If today were the last day of my life, would I want to do what I'm about to do today?" Steve Jobs suggested asking ourselves. Check out the video above for ways to make the most of your morning--and the rest of the day as well.

 

Medimmune logo

LONDON, Sep 23, 2014 (BUSINESS WIRE) -- AstraZeneca announced today that its global biologics research and development arm, MedImmune, has received fast track designation from the US Food and Drug Administration (FDA) for its investigational monoclonal antibody (mAb) MEDI3902 for the prevention of nosocomial pneumonia caused by Pseudomonas aeruginosa (P. aeruginosa), a highly drug-resistant bacterial pathogen that causes serious disease in hospitalised patients. The FDA’s Fast Track programme is a process designed to expedite the development and review of drugs to treat serious conditions and fill an unmet medical need.

 

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Physicists have verified a key prediction of Albert Einstein’s special theory of relativity with unprecedented accuracy. Experiments at a particle accelerator in Germany confirm that time moves slower for a moving clock than for a stationary one.

The work is the most stringent test yet of this ‘time-dilation’ effect, which Einstein predicted. One of the consequences of this effect is that a person travelling in a high-speed rocket would age more slowly than people back on Earth.

Image: https://www.flickr.com/photos/34517490@N00/2743877537

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The rampant spread of technology-mediated learning has set off fits of hype and hand-wringing—yet the U.S.'s traditional centers of higher education have mostly failed to confront the pace of change and the implications for students. There is probably no way anyone can keep up with this transformation: the technology is simply evolving too rapidly. Nevertheless, we keep trying. Will these developments truly serve our goals for advanced education? We need to know urgently.

Image: Peter and Maria Hoey - http://www.scientificamerican.com

VC Experts

Prior to preparation of a business plan, the entrepreneur should ask some hard questions. Hundreds of thousands of new businesses are organized in the United States each year; unhappily, most of them fail within the first year or so. Since the great majority of start-up companies are financed out of the pockets of their founders, the high failure rate should be a sobering statistic for would-be entrepreneurs. It may be fortunate for the economy as a whole that so few are daunted by the sober statistics, but it is hard on the individuals who do not make it. Nonetheless, available literature on the business aspects of organizing one's own firm rarely inquires into this threshold issue of whether one should set out on one's own in the first instance.

Image: https://vcexperts.com

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A few months ago, we all wondered what exactly the iPhone 6 would embody, what specifications it would boast, and what new groundbreaking ideas it would bring to life. So the questions floating around the internet for the past few months have been to the tune of this:

What could Apple possibly do to improve the iPhone 5s? How could a brand that relied so much on the vision of Steve Jobs build another successful device without him? And, would the iPhone 6 be an evolution or revolution?

 

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I look up from the magazine at the clutter of paperwork overflowing the “desk” that doubles as my kitchen table. Financial statements. The latest technical report from my engineering team. Proposals and pitches in various states of completion. My email inbox is a bottomless vortex, dooming all that enters to potential oblivion. The clock reads 1:33 am. My net worth isn’t yet $30 million, but I do have a nice cup of tea to soften the blow.

 

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CDH Venture, an arm of one of China’s biggest asset managers CDH Investments, has been overshadowed by the manager’s private equity unit in the last few years, but a recent management shuffle and new investment strategy may turn CDH Venture’s luck around.

CDH Venture has recently closed a third venture capital fund at just over $100 million, but the offering fell short of its $150 million target, a person familiar with the situation said. At around the $100 million mark, CDH Venture III is far smaller relative to CDH Venture II, which totaled $500 million, and comes in under its $200 million initial venture fund.

image: http://www.freedigitalphotos.net 

Innova Logo

MEMPHIS, Tenn. (September 8, 2014) – Innova Memphis is pleased to announce the first closing of its third venture capital partnership, Innova Fund III, L.P., with $20 million in capital commitments.

“We are very pleased, in this challenging fundraising environment, to have earned the support from our lead investors,” said Ken Woody, Partner. “We believe our success in raising Fund III is a testament to our disciplined early-stage healthcare and technology focus, as well as the performance of our existing portfolio companies.”

MICHAEL C FOSTER
Maria Tafuri, Director for IBM's Innovation Centers & Ecosystem Development

Nearly a month after letting it slip that it would be bringing an IBM (NYSE: IBM) Innovation Center to the Triangle, Big Blue offers some clarity on what that might mean for the region.

While specific location and time frame for its delivery remains uncertain, execs do say an Innovation Center won’t just drive adoption of IBM products. It will also further fuel the growing entrepreneurial environment.

Image: MICHAEL C FOSTER Maria Tafuri, Director for IBM's Innovation Centers & Ecosystem Development

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With two new portfolio companies added in August, the New Orleans BioFund has now invested over $2 million in 12 local companies. These firms have created more than 135 jobs across a variety of industries, from biotech to nutrition. Two new recipients include Your Nutrition Delivered, a fresh food delivery and vending startup, and Jack and Jake's, a 27,000 square foot market (left) expected to open in October in Central City that will offer affordable, locally grown food and products. The Biofund now looks to grow and expand its capital offerings this year to include equity investments, convertible debt instruments, and short term loan vehicles.

 

Kendall Almerico

The JOBS Act became law on April 5, 2012, with the promise to open a new world of funding for startup businesses through equity crowdfunding. Entrepreneurs were excited that Congress passed a law creating a Kickstarter-like tool to raise capital by selling stock online. Equity crowdfunding had promised to bring ideas to life, businesses to fruition and the American Dream back into play.

Then, nothing happened.

 

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Every business owner would love to inspire a sense of loyalty and support for their brand from each one of their employees. In the real world, few employees will actually go out of their way to gush about their employers or the brand they work for. What you’ll normally hear from most employees are sob stories and criticisms about how their employer just can’t seem to get anything right, how they are unfair, how they sometimes treat their customers badly and so on.

image: http://www.freedigitalphotos.net 

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Google is about to begin designing and building hardware for a quantum computer, a type of machine that can exploit quantum physics to solve problems that would take a conventional computer millions of years.

Since 2009, Google has been working with controversial startup D-Wave Systems, which claims to make “the first commercial quantum computer.” And last year Google purchased one of D-Wave’s machines. But independent tests published earlier this year found no evidence that D-Wave’s computer uses quantum physics to solve problems more efficiently than a conventional machine.

Image: Quantum core: Techniques developed at the University of California, Santa Barbara, to build this device, known as a qubit, will be used to try to build a working quantum computer at Google. 

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University students around the country are packing up their cars and making the annual pilgrimage to dorm rooms or sparsely-decorated apartments to kick off the school year. They’re pounding the concrete in Ikea for last-minute bathroom accessories, and hugging their parents goodbye until fall break.

The university experience prepares young adults for future careers. It teaches them required skills, and introduces them to peers who may one day become coworkers.

 

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I’m standing inside a dark booth located somewhere in the Flatiron neighborhood of Manhattan, facing a stark array of lights and sensors. It’s a little chilly, which makes sense as I’m not wearing pants or a shirt; both are crumpled on a nearby chair. In the background I can hear voices chatting over an incomprehensible news report on CNN. To my right is a small handle jutting out from wall, featuring a bright red button. I’m supposed to press it.

Image: https://www.flickr.com/photos/7298413@N06/4932748746 

The 2009 Ultra High Relief Double Eagle Gold Coin from the U.S. Mint.
Image Credit: U.S. Mint

It’s not every day that technology for fostering civic engagement gets some love from investors. But today is one of those days, with MindMixer announcing a new funding round.

But tech for municipalities ain’t the only beneficiary of venture funding today. Read on to see what else has scored fresh cash.

Image: The 2009 Ultra High Relief Double Eagle Gold Coin from the U.S. Mint. Image Credit: U.S. Mint 

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Much is being said about Wells Fargo’s (NYSE: WFC) new startup accelerator.

There are only three main aspects about it that everyone should know, and Steve Ellis, Wells Fargo executive vice president and head of wholesale services, took the time to tell Benzinga what those are.

 

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The rise of alternative funding has forever changed the way money is being raised, and Poliwogg is capitalizing on that shift to help life science startups and transform healthcare investing. Poliwogg's unique crowd equity online investment platform enables individual, accredited investors to invest directly in private life science, biotechnology, and healthcare companies. Poliwogg is interested in innovative early stage companies across all areas of healthcare and life sciences seeking to raise between $1m and $10m, including biopharmaceuticals, diagnostics, devices, health IT, and big data.

 

I-Corps Participants

Three Texas universities will share in a $3.75-million National Science Foundation (NSF) grant intended to move academic research into the marketplace.

Texas A&M University, the University of Texas at Austin and Rice University will join in creating the Southwest Alliance for Entrepreneurial Innovation Node, a function of the NSF's Innovation Corps program, also known as I-Corps.

Image: Participants in the I-Corps node attend training sessions intended to help them move their academic research into the commercial world. http://campustechnology.com

Fourth Economy

PITTSBURGH, PA – September 2, 2014 – Fourth Economy Consulting is soliciting planning and economic development firms to submit background and targeted information to for use in a directory resource for a client. An RFI for this has been posted as of September 2, 2014 and can be found here. Fourth Economy is working with a Midwestern client to perform a study of successful regional economic and quality of life transformations in US metro areas. The study will be part of a toolkit to inform and equip state and local officials for long-term, coordinated planning aimed at wholesale redevelopment and revitalization.

 

The consequences of continuing without a long-term science and innovation plan for the economy are beginning to emerge, according to Australia's chief scientist.

It was well known science and innovation were crucial for boosting the country's productivity, creating more jobs and growing Australia's competitiveness and economy, Professor Ian Chubb said.

Image: "Cautiously optimistic": Ian Chubb is calling for a national science strategy. Photo: Alex Ellinghausen 

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People often talk about how their friends feel like family. Well, there's some new research out that suggests there's more to that than just a feeling. People appear to be more like their friends genetically than they are to strangers, the research found.

"The striking thing here is that friends are actually significantly more similar to one another than we were expecting," says James Fowler, a professor of political science and medical genetics at the University of California, San Diego, who conducted the study with Dr. Nicholas Christakis, a social scientist at Yale University.

 

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Do you ever find yourself attending an event or participating in a project that you don’t really have time for, aren’t interested in, or won’t benefit from in some personal or professional way? It happens to all of us. It can usually be traced back to that moment when you agreed to do the project, or attend the meeting, even though you already knew you didn’t want to. Or maybe you did think you wanted to attend – it seemed like a reasonable thing to do, or you wanted to support the person or group hosting the event, or you just said yes without really thinking too clearly about how you’d feel on a Wednesday night, late in the semester, the week after attending a conference.

image: http://www.freedigitalphotos.net 

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A court has banned Uber from operating in Germany, creating a new hurdle in the company's plan to expand in Europe.

The state court in Frankfurt ruled late last week that the car-sharing company lacks the necessary permits established by German transport laws to operate in the country, slapping it with a temporary injunction that bars Uber from legally operating in Germany pending a full hearing.

image: http://www.freedigitalphotos.net 

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1. If it starts heavily snowing during nighttime, and there will be so much snow that it will cover all the roads so much, you'll have trouble driving through it, you can bet the roads will be cleaned by 8 in the morning. 2. In case of nuclear war the Swiss have bunkers capable of fitting 100% of country's population.

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Canberra was chosen to be the capital city of Australia because of bitter rivalry between Sydney and Melbourne.

Sydney was the first British colony in Australia. Subsequently it had a big convict presence and became the first metropolitan city of Australia.

Melbourne was founded 47 years after Sydney. Free from any convict settlements and with the benefit of gold discovery, Melbourne quickly surpassed Sydney in both size and wealth.

Image: http://www.quora.com 

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Digital health incubator Rock Health is investing in eight new startups and teaming up with three new corporate entities – Blue Shield of California, Deloitte and global healthcare firm Abbott.

The new startups being incubated span the healthcare spectrum, from HIPAA compliance to life sciences and biotech. Among them: – Accountable, an online platform that seeks to guide companies step-by-step through the HIPAA compliance process; – Acumen, a digital video platform that enables physicians to evaluate and manage neurological disorders such as autism; – Aptible, another company, launched last week, seeking to provide efficient HIPAA compliance services for developers; – Benchling, a cloud-based data management platform for life sciences R&D; – Telepharm, a web and mobile app that enables pharmacists and patients to connect anytime. Telepharm also recently raised a series A $2.5 million led by medical venture capitalist John Poppajohn and Iowa state Board of Regents President Bruce Rastetter; – and Welkin Health, whose coaches offer daily support to type 2 disabilities patients through smartphone apps.

image: http://www.freedigitalphotos.net 

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I met Kathryn Gould longer ago than either of us want to admit.

Kathryn has been the founding VP of Marketing of Oracle, a successful recruiter, a world class venture capitalist, a co-founder of a venture capital firm, a great board member, one of my mentors and most importantly a wonderful friend.

Image: Kathryn Gould speaking at the 2014 University of Chicago commencement. - http://medcitynews.com

No Pain No Gain An Affect based Model of Developmental Job Experience and the Buffering Effects of Emotional Intelligence

Drawing on an overarching framework of transactional stress theory, this study develops and tests an affect-based model of developmental job experience (DJE) that explicates the affective mechanisms through which DJE is associated with both positive and negative individual outcomes - advancement potential and turnover intention - and the buffering role of emotional intelligence (EI) in the affective processes. In a sample of 214 early-career managers, we found that DJE was related to increased advancement potential by boosting employees' pleasant feelings, but it can also fail to do so by increasing their unpleasant feelings. Moreover, whereas it is not surprising that there was a negative relationship between DJE and turnover intention mediated by pleasant feelings, they also demonstrated a positive relationship via unpleasant feelings, depending on employees' levels of EI. Specifically, the results suggested that DJE was positively related to turnover intention only for low-EI employees, but not for high-EI employees.

 

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Imagine a day at the office. It may not be hard to do, since you’re probably reading this at the office right now. You’re surrounded by the lifeless stone-gray walls of your cubicle, the buzz of the fluorescent lamps above you and the glow of your computer screen in front of you. If you’re lucky you can get out of there at five, sit through an hour of traffic and get home in time to make some dinner, watch some Office reruns and go to sleep so you can do it all over again tomorrow.

 

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My son leaves for college this week, and I’ve realized that it's one of several fresh starts many of us make in life. This adjustment will be followed by new jobs, new relationships, and maybe career changes. In fact, chances are good that my son will have more fresh starts than I did; according to the U.S. Bureau of Labor Statistics, the average person stays with an employer for 4.6 years, while millennials average just 1.3 years on a job.

image: http://www.freedigitalphotos.net 

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Silicon Valley’s hottest tech accelerator, Y Combinator, is about to show off its first class of biotech startups.

The five companies, some of which have already raised significant funding, or controversy—or both—will come under the scrutiny of hundreds of venture capital investors on Tuesday, Aug 19, as the Mountain View, CA-based accelerator holds its Demo Day at the Computer History Museum, also in Mountain View.

Image: http://www.xconomy.com 

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In a move to help early-stage companies gain insights about their companies from investors, a group of life science angel investors are hosting a pitching event in Philadelphia next month. The 1st Pitch Life Science event wants to give entrepreneurs a stage to talk about their company and get a sense of what they need to tweak without the risk of losing a potential investor.

 

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A few years ago, if you had asked me about Silicon Valley’s gender imbalance, I would have wondered what planet you were from. I believed it was a perfect meritocracy that was open and diverse. My research had documented that the majority of Silicon Valley’s startups were founded by immigrants and that powerful and inclusive networks gave it a global advantage.

 

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Tomas Gregorio brings years of experience getting technology to improve health care to his new post at the New Jersey Institute of Technology's New Jersey Innovation Institute, launched earlier this year to help spur innovation and economic growth throughout the state.

Gregorio, a former IT chief at Newark Beth Israel Medical Center who has helped New Jersey hospitals and doctors make the switch to electronic health records, was named senior director of Healthcare Systems Innovation at the institute and oversees its “i-Lab,” where NJIT will forge partnerships to create innovative health care products and services.

Image: Tomas Gregorio hopes to combine tech and health care through NJIT's new institute. - (New Jersey Innovation Institute)

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U.S. Secretary of Commerce Penny Pritzker today announced $2.8 million in Economic Development Administration (EDA) investments to support projects that will foster innovation and entrepreneurship in Louisiana and Massachusetts.

"The Obama Administration and Commerce Department have prioritized supporting American innovation, which is the key driver of U.S. competitiveness, job growth and long-term economic growth," said Secretary Pritzker. "The EDA investments announced today will support critical infrastructure and manufacturing projects that use innovation to help attract investment and create jobs in Louisiana and Massachusetts."

 

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Calm your frenetic TL;DR twitchy-Twitter-brain for five minutes, and let some Chinese philosophy wash over you.

Thirty spokes join in one hub In its emptiness, there is the function of a vehicle

Mix clay to create a container In its emptiness, there is the function of a container

Cut open doors and windows to create a room In its emptiness, there is the function of a room

Therefore, that which exists is used to create benefit That which is empty is used to create functionality

–Lao Tzu, Chapter 11, Tao Te Ching, ~600 BCE, translation by Derek Lin

Image: http://blog.asmartbear.com 

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South Africa is getting its own version of the hit reality series Dragons’ Den. Business giants Lebo Gunguluza, Vusi Thembekwayo, Polo Leteka Radebe, Gil Oved and Vinny Lingham will be dragons staring down the hopeful entrepreneurs, all of whom think they have a world-changing idea. Great, you might find yourself thinking, you’ve honed your skills at pitching competition after pitching competition. You could use a little investment and the exposure couldn’t hurt, so why not enter? Well, we’re not saying you shouldn’t, but there are a number of things you should at least consider before rushing off to fill in an entry form.

Image: http://ventureburn.com 

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Much of the discussion on big data has focused on claims information from insurers and EHRS from providers, but a collaborative effort underway at Stanford Medical School with SAP is hoping to tap into a different set – genomic data.

The possible benefits of sharing genetic data on a wide scale have great potential for both global population health and for drug makers alike, said Dr. Carlos Bustamante, who heads the Department of Genetics at the Stanford School of Medicine. Benefits range from possibly learning why certain drugs never make it out of clinical trials because of what population they are tested on to a more inclusive global snapshot at differing populations and what drives their health spending, among others.

 

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The mobile revolution was one of the most transformative events in IT. It set IT in a tailspin trying to secure so many different device types connecting to the network and moving outside of the organization. After initial resistance, IT realized that by supporting mobility they were supporting user productivity. And thus an established industry of mobile device management solutions was born, allowing IT to create policies and strike a balance between data security and mobility.

Image: Tim Williams 

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A European telecommunications company wanted to lower the cost of its customer service operations but worried about the potential loss of revenue from the cross-selling that its traditional call centers did so well. In investigating its options, the company learned that 70 percent of existing customer-service contacts could be delivered through digital solutions that had proved effective in other industries. By migrating part of its customer-service operations to similar digital-care programs with a smart strategic approach, the company lowered the unit’s costs by as much as 30 percent, with no loss of revenue.

image: http://www.freedigitalphotos.net 

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When folks hear the term "start-up," all sorts of images are easily conjured in one's mind. You think of energetic young people in Silicon Valley or maybe Boston or Austin creating new innovative businesses; like Facebook or Twitter — hip tech companies with new ideas that seemingly came out of nowhere and now are integral parts of our lives. The good news is this is only part of the story. As Chairman of the House Small Business Committee, I've learned that start-ups can be found across America, from Boulder, Colo. to my backyard in Kansas City, and the types of companies and problems these companies seek to solve extend far beyond just the high-tech industry.

Image: James Lawler Duggan | Reuters - Rep. Sam Graves (R-MO).

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Before the funding rounds and investors come into play, startups don’t usually have access to the same resources established businesses do. Money, business expertise and experience, contacts, well-established brand value, and above all, a loyal customer base, are the foundational elements of keeping a business alive. But what are startups supposed to do to differentiate themselves before they have the resources they need?

image: http://www.freedigitalphotos.net 

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Admit it — no one really enjoys running. Thankfully, some dedicated runners have found a way to make it fun.

By using apps like Nike+ and MapMyRun, which track your path and distance, runners created routes that turn into images on their maps.

Nike+ user Claire Wyckoff documents all of her routes on her Instagram and a blog called Running Drawing. Her most popular route drawings are X-rated (read: lots of penises). She's been a runner on and off for about 10 years, and started the drawings to get some laughs.

Image: CLAIRE WYCKOFF 

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We've all been there: Staring at an email inbox stacked with one irritating message after the next. The damage control can seem too overwhelming to tackle, especially at the end of the day when the only ones remaining are the ones you've worked hardest to avoid. Where to begin responding? And what's with all these tone-deaf emailers?

The annoying email doesn't come in just one flavor. Chances are you've encountered at least one of these types of emails in the course of your workday. Here's how to knock them off your plate as gracefully as you can:

image: http://www.freedigitalphotos.net 

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Anne Wojcicki bounds into a conference room in Mountain View, California, straight from a five-mile ride from home on an elliptical bike. The 40-year-old cofounder and CEO of the consumer genetic testing firm 23andMe is breathless, and not just because of the workout. On this warm day in mid-June, Wojcicki is “super-excited” about an announcement scheduled for two days hence: the Food and Drug Administration has agreed to review a health-related genetic report the company wants to make available to customers. 

Image: http://www.technologyreview.com/ 

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With increasing frequency, it seems that virtually any court decision, regulatory proceeding, or legislative proposal dealing with a new digital technology or service is accompanied by a predictable chorus. Chicken Little defenders of innovation argue loudly that regulatory change will have a chilling effect on innovation. Ironically, these loud calls have silenced a rational national conversation about innovation writ large. Innovation thus morphs into a conversation-stopper rather than a conversation-starter, particularly in the popular press and in the offices of policymakers. We need to be aware of this dynamic and begin treating innovation with all the complexity and nuances that this topic deserves.

Image: http://www.brookings.edu 

NIST

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) and several partners today are kicking off the year-long Global City Teams Challenge to help communities around the world work together to address issues ranging from air quality to traffic management to emergency services coordination.

 

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Since the turn of the century, the European Union has striven to improve its decision-making by requesting a detailed impact analysis before taking new major policy initiatives.

Impact assessments (IAs) are now routinely conducted to predict the likely consequence of EU legislation on citizens and the wider economy, in a detailed cost-benefit analysis.

image: http://www.freedigitalphotos.net 

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When starting out in business, you may be able to fumble your way to short-term success if you have a good product and a measure of business savvy. If you want to experience long-term success, however, there are some core disciplines you learn and execute. At some point (sooner is better than later), you will need to become skilled in the following six areas:

image: http://www.freedigitalphotos.net 

NIST

On July 30, 2014, NIST announced the 2014 competition and call for applications (proposals) for AMTech Planning Awards. The AMTech program only accepts proposals as described within Federal Funding Opportunities. NIST will only accept applications (proposals) to AMTech in response to a Federal Funding Opportunity (FFO) published on Grants.gov (http://www.grants.gov).  Announcements are also posted on this AMTech web site (http://www.nist.gov/amo).

 

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The BRICS grouping recently signed a cooperation agreement in the field of innovation. Vnesheconombank Chairman Vladimir Dmitriev said the document calls for “financial participation of the development bank in supporting cooperation between our countries in this area.”  This mainly involves support for innovative small and medium-sized businesses. According to Dmitriev, a number of areas have already been identified (including pharmacology and biotechnology), in which it is possible to establish joint ventures with the support of development banks. These companies, in turn, will finance promising innovative projects. The amounts of funding have not been disclosed yet.

Image: Russia and other BRICS countries have much to learn from each other. Source: AP 

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Passion is everything. You cannot inspire unless you’re inspired yourself.

In 25 years of studying communication, I’ve never met an inspiring entrepreneur who isn’t freakishly enthusiastic about his or her idea. Steve Jobs, one of the most passionate entrepreneurs in business history, may have offered the best definition of passion in one of his last public presentations, in March 2011 (he died that October).

Image: Ben Stanfield/Flickr

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In an SSTI Digest article last month, SSTI detailed the most recent MoneyTree reports from National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PWC). Halfway through FY 2014, U.S. venture capital investments reached $22.7 billion, the highest first-half total since 2001. Using halves of fiscal years as the unit of analysis, this Digest article examines each state’s share of venture capital dollars and deals since 2010. Since Q1 2010, nearly $109 billion has been allocated to companies across 17,292 deals.

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Awarded to communities or regions with a documented strategy for creating a local prosperity and inclusion using broadband and information technology to attract leading-edge businesses, stimulate job creation, build skills, generate economic growth, and improve the delivery of government services.  Evaluation of nominations is based on ICF's Intelligent Community Indicators, which provide the first conceptual framework for understanding all of the factors that determine a community's competitiveness and point to its success in the Broadband Economy. 

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Washington, USA - The US federal government is showcasing four case studies, including one that highlights Intelligent Community Forum strategies, applied through a joint project with the Blandin Foundation.  

Last week, President Obama signed the Workforce Innovation and Opportunity Act aimed at creating a more flexible and responsive system of workforce development to meet the needs of employers looking to fill 21st century jobs. Ensuring U.S. workers are able to compete and succeed is a key priority at the U.S. Commerce Department. Secretary of Commerce Penny Pritzker served on a task force with Vice President Biden that recently released a report looking at solutions for making the nation’s workforce and training system more job-driven, integrated and effective.

 

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Centuries of over-exploitation of whales for their meat and blubber has seen populations of most species plummet. But with no small amount of irony, the tables have turned with research discovering that we need whales for a healthy marine ecosystem, or at least their poop.

Image: Whales make more than a splash in the southern ocean. Credit: Micheline Jenner

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For a century, the major economies of Western Europe, the United States and Japan have dominated innovation. Today, they have been joined by large emerging economies, spearheaded by China.

We can measure innovation by output indicators, such as patents, that tell us about past success, and input indicators, such as research and development (R&D), which reflect the willingness to invest into the future. In both cases, global innovation is under rapid transformation.

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Companies make headlines when they outsource manufacturing or—as is occurring more frequently—when they bring it back home to the U.S., a practice known as reshoring. What generates far less news is the potential impact on American innovation and productivity when companies outsource something as critical as research and development.

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Heads Up This Startup Thinks It Can Solve The Distracted Driving Problem ReadWrite

Existing laws are supposed to prevent motorists from using smartphone apps while driving. But they aren't working. The number of drivers injured or killed by distraction continues to rise.

I don’t harbor hope that automakers—notoriously bad at digital driver interfaces—will find the best solution. The way forward is more likely to come from a small startup, perhaps a company like Navdy.

 

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100 Ideas that Changed the Web plots the history of the world wide web, from an electronic telescope dreamed of by a Belgian bibliophile in 1934 to Tim Berners-Lee vision of a machine that thinks. Some of the ideas are revolutionary, like the peer-to-peer network. Others are more humble like the GIF. Among them are astounding technological achievements, new economic models, ideas that breakdown national borders, ideas that blur the boundary between generating and exchanging ideas, and ideas that have changed the world. Perhaps most important are the design breakthroughs that opened up the web to a mass audience. Without these, the web would still be the playground of engineers and computer programmers. With these, the web is a place for everyone.

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While many leaders see staff meetings as vital to the success of their organization, most employees see them as a painful waste of time. As a result, employees arrive or leave whenever they wish; check their emails; doodle; or use the time to make to-do lists of all the things they’re not getting done in your meeting. The outcome is a lethargic downward spiral.

With other types of meetings, leaders can mitigate this effect by keeping the attendee list as narrow as possible, and only calling a meeting when there’s something to discuss. But a staff meeting is a different beast altogether: by definition, it includes the entire team. And it’s usually a monthly or weekly recurring meeting (because scheduling so many people on short notice would be impossible).

 

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I met Kathryn Gould longer ago than either of us want to admit. Kathryn has been the founding VP of Marketing of Oracle, a successful recruiter, a world class Venture Capitalist, a co-founder of a Venture Capital firm, a great board member, one of my mentors and most importantly a wonderful friend. During her career she made a big point of not telling you: she was one of the first women Venture Capitalist's in Silicon Valley (along with M.J. Elmore and Ann Winblad) - "I'm just a VC." Or one of the first women co-founders of a VC firm - "I co-founded a great firm." She was twice as smart and just as tough as the guys. She has been a mentor and role model not just for a generation of women VC's and CEO's but for all VC's and CEO's - and I'm honored to have been one of them.

 

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It is shocking that companies do not seem to recognise the profound influence logos can have.

Airbnb, the home rental service and latest darling of Silicon Valley, launched a new logo in mid-July to much fanfare. As part of a rebranding campaign, the new logo was named Bélo and was said to signify people, places and love. But internet users saw something entirely different.

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MBA student Erica Swallow thought a summer internship at a well-known venture-capital firm would be a perfect way to determine if this should be her career path.

It turned out to be educational, but not in the way she expected.

Erica Swallow speaking at MIT’s Start6, a bootcamp for entrepreneurs Erica Swallow Ms. Swallow, 28 years old, who is about to start her second year at MIT Sloan School of Management, wrote a post on the school’s student blog last week saying that despite having some positive experiences as a summer intern at Boston-based General Catalyst Partners, she learned that “women — beyond the high-heel-studded secretaries and assistants — don’t exist in venture capital.”

Image: Erica Swallow speaking at MIT’s Start6, a bootcamp for entrepreneurs - Erica Swallow

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In the last three to four years, social media marketing has increasingly become popular. Consumer product companies have special budgets for social media, though when it comes to business-to-business companies (especially in India) its marketing benefits are overlooked. Most companies are apprehensive and believe it is not meant for them. “Our customers are not on social media,” is what I often hear.

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Looking to make a sound investment? Perhaps your advisor should be a woman. Studies show that women have a different approach to investing than men and, thanks to biology and psychology, they’re often more successful.

A woman’s lack of testosterone can make her a more disciplined investor, says LouAnn Lofton, author of Warren Buffett Invests Like a Girl--And Why You Should, Too. “Testosterone can help traders take risks and move fast, making loads of money in the meantime,” she writes in her book. “But too much testosterone for too long can encourage too much risk taking. … The way women tend to approach investing is healthier and calmer, and it’s the way we should all approach investing.”

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The rise of social media has given us a gift in the form of crowdfunding. If you’re not familiar with the concept, crowdfunding is the raising of funds from a group of people (the crowd), usually online, to back any imaginable project, product, or cause you can imagine.

It is now the way for businesses to make it big from scratch. In 2013, Forbes estimated that crowdfunding collectively raised $5 billion worldwide. The numbers keep growing yearly, and these are a few of the biggest sites to check out if you want in on the fun.

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Video games make us feel like gods, but we’re all just trained pets. A game will hand us a rocket launcher with unlimited ammo (I’m a god!). Then it will literally draw a trail leading us to our next target to shoot. And when we shoot that target, the game gives us a treat to tell us that we're a good boy. Stupidly, we think that treat makes us more godlike. In reality, it's just proof that we're well-behaved.

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BIRMINGHAM, Alabama – If you ask someone in Birmingham if the half a billion dollars in federal research spent here each year is important to the local economy, most everyone would say it is. But if you ask them how important, that would be hard for anyone to answer.

Steven Ceulemans, vice president of innovation and technology with the Birmingham Business Alliance was recently tasked with answering that question, not only for Birmingham, but for the nation.

 

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A little known fact about innovation is that many breakthroughs have not been the result of genius, but "happy accidents" -- those surprise moments when an answer revealed itself for no particular reason.

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Before I tell you what it was like to go a week without my smartphone, I have a confession to make: I cheated. 

Not much, mind you, but when ReadWrite editor-in-chief Owen Thomas asked one of his writers to take a week's vacation from my mobile devices and write about the experience, I volunteered. I thought it would be much easier than it was.

It was painful.

 

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As U.S. high schools beef up math and science requirements for graduation, researchers at Washington University in St. Louis have found that more rigorous academics drive some students to drop out.

The research team reported in the June/July issue of the journal Educational Researcher that policies increasing the number of required high school math and science courses are linked to higher dropout rates.

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The business incubator, which is will be known as “Rev Ithaca Startup Works,” will give entrepreneurs a co-working space where they can work to launch their businesses, The Sun previously reported. The space is being opened through a partnership between Cornell, Ithaca College and Tompkins Cortland Community College.

Image: A rendering of the Downtown Ithaca Incubator, known as Rev Ithaca Startup Works, shows the space that will be available to entrepreneurs in the area when it opens later this year. (Rendering courtesy of Cornell University) 

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On July 29, 2014, the Office of Science and Technology Policy (OSTP) and the National Economic Council (NEC) published a Federal Register notice requesting public comments to provide input for an upcoming update of the Strategy for American Innovation. According to the notice, the Strategy "helps to guide the Administration's efforts to promote lasting economic growth and competitiveness through policies that support transformative American innovation in products, processes, and services and spur new fundamental discoveries that in the long run lead to growing economic prosperity and rising living standards." The national priority areas outlined in the 2011 Strategy include nanotechnology. The 2011 Strategy states:

 

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University of Pennsylvania President Amy Gutmann announced the launch of the Penn Center for Innovation, a new initiative that will provide the infrastructure, leadership and resources needed to transfer promising Penn inventions and related assets into the marketplace.

 

Henry Doss

What does it really mean to be “educated”?  And what is the role of institutions of higher education?  Are our universities institutions of vocational training, funded to prepare students for jobs?  Or are they institutions whose purpose is something a bit higher than that, perhaps loftier?  Or both?  Or neither?

 

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You can drive a long way without it seeming strange.

When I moved to the US someone suggested a trip to the Antelope Valley California Poppy Reserve.  They said to meet them there at 2pm. "Sure", I said.

Then I looked at a map.  It was 80 miles away. 80 Miles!  What kind of lunatic drives 80 miles to go to a park? 

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Portfolia connects sophisticated opinion leaders with extraordinary entrepreneurial companies. You collaborate with others to evaluate innovative products and teams, and invest in those you believe in.

We make start-up investing smart, empowering and enjoyable -- with some investments starting at $1,000. Whether you're an experienced entrepreneurial investor looking for top opportunities or a first-time investor looking to 'learn the ropes,' Portfolia is your community.

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We know some of you find being an “internal entrepreneur” disappointingly difficult. You are frustrated by employers who thwart your entrepreneurial efforts on a routine basis. But that’s how it is supposed to be!  Large organizations, with rare exceptions, are created to scale up and master repetition without error or variance. They are professional Predict, Plan & Execute (“PP&E”) machines, and as they have evolved over time, are carefully engineered to stamp out anything that induces uncertainty. The stock market demands this—and the systems, structures, and procedures (including the career path of your boss) support and reward it. For you to expect this situation to change quickly or without some pain is naïve and, quite possibly, mean-spirited. Imagine you are a professional long-distance runner and decide to switch careers and become a professional tennis player. Think it might take a while?  Organizations can take 10 times longer to change.

 

Rich Naser

Over the past decade, the South Dakota communities of Sioux Falls, Brookings and Rapid City have developed business incubators to assist entrepreneurs in successfully launching and growing their businesses. By both directly providing entrepreneurial training and by serving as connectors to other resources and activities, these incubators are helping our state’s entrepreneurs thrive in an ever-changing environment. The direct economic impact of these business incubators is both measureable and significant. Today the companies and graduates of the South Dakota Technology Business Center, located in Sioux Falls, employ 673 people at an average annual salary of more than $60,000. In addition, these same companies achieved combined annual sales exceeding $200 million in 2013.

 

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The rapid success of crowdfunding has shortened the production cycle of amazing devices that would otherwise languish in the development phase. Risk associated with launching a new and untested product now can be transferred to project backers (pledgers), encouraging innovators to push the envelope. With so much to choose from, here’s my pick of top five outstanding up-and-coming gadgets.

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As individual companies adopt web technologies, they gain the ability to streamline everything from product development and supply-chain management to sales, marketing, and customer interactions. For China’s small enterprises, greater digitization provides an opportunity to boost their labor productivity, collaborate in new ways, and expand their reach via e-commerce. In fact, new applications of the Internet could account for up to 22 percent of China’s labor-productivity growth by 2025.

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How to Become a Successful Angel Investor Video Bloomberg

No-brainer. When you hear the numbers i just mentioned, what do you think? . the numbers are much worse than when we started. Women were receiving zero to 3% in venture money. There has been a very large improvement in these numbers, which we think will continue. One of the things going on was there were very few women investors. I think it would be hard to point out a percent of the angel investors.

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I ignored academics to the point where I almost didn’t graduate from college — and it helped me land my dream job as a result.

My academic awakening — or lack thereof — began three years earlier, as I sat inside a small classroom on our college campus. An editor from the Minneapolis Star Tribune was there to speak to our journalism class on what it took to become a newspaper reporter or editor.

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(KANSAS CITY, Mo.) July 21, 2014 – The formation of new companies accounts for nearly all net new job creation, but state non-compete agreements — if strictly enforced — can make it harder for people to start those companies.

According to a new Entrepreneurship Policy Digest released today by the Kauffman Foundation, state enforcement of non-compete agreements is restricting highly skilled workers from moving in and out of new jobs and/or from starting their own businesses, thus hindering job creation and economic growth.

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AstraZeneca reported that MedImmune, its global biologics research and development arm, has entered into a clinical trial collaboration with Advaxis, a US-based biotechnology company developing cancer immunotherapies. The Phase I/II immunotherapy study will evaluate the safety and efficacy of MedImmune’s investigational anti-PD-L1 immune checkpoint inhibitor, MEDI4736, in combination with Advaxis’ cancer immunotherapy vaccine, ADXS-HPV, as a treatment for patients with advanced, recurrent or refractory human papillomavirus (HPV)-associated cervical cancer and HPV-associated head and neck cancer.

 

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For decades, Europe and the United States have led the way when it comes to high-energy particle colliders. But a proposal by China that is quietly gathering momentum has raised the possibility that the country could soon position itself at the forefront of particle physics.

Image: View of the LHC tunnel sector 3-4 Credit: Maximilien Brice (CERN) via Wikimedia Commons 

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One of the most telling questions you can ask someone in any kind of leadership role is what motivates them to be a better leader. Some will say it’s to enhance their personal effectiveness, or that leading is an expected part of their professional development. Others may say that they lead because of a sense of leader identity, purpose, or personal obligation to serve their organization and the people with whom they work. Many will proffer a mix of instrumental, external motivations (like pay or career progression) and more intrinsic, internal rationales (like the obligation to serve).  The group with a combination of motives has the most reasons to lead, and so it seems intuitively reasonable to assume that they would be the most committed, high performing leaders. Right?

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Bruce Booth

Capital efficiency has become a mantra at Atlas, one shared by a number of other early stage biotech investors. It’s a term often repeated in discussions about building young companies, and yet it has become clear that there’s no consistent definition of what the term means.

A common perception is that capital efficiency is synonymous with tightly constrained, small amounts of investor capital – the “small ball” criticism of capital efficiency.  Others think it means only ultra-lean, asset-centric, virtual companies.  There’s also the perception that you can’t build something big if you are capital efficient.

 

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Presenting to venture capitalists or other early stage investors can be challenging. These investors want to know how your company can make them money with explosive growth, why your solution matters to customers, just enough of your technology to get the “secret sauce,” how you protect your IP and why your team is the one to pull this off. Oh—and you might have to do all of that in 15 minutes.

 

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Crowdfunding has opened the virtual gates to capital for start-ups, developers and researchers in nearly all corners of life. But when pitted against a panel of experts in a field, can the crowd show the wisdom needed to pick a winning project?

That’s the question that Wharton management professor Ethan Mollick and Harvard Business School professor Ramana Nanda answer in their working paper, “Wisdom or Madness? Comparing Crowds with Expert Evaluation in Funding the Arts.”

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"The day I took on my new role I said that our industry does not respect tradition -- it only respects innovation." -Satya Nadella, CEO, Microsoft

Innovation is not only for the tech industry — it is central to the success of any business and it must be an integral part of a business strategy. Consumers have many choices these days, and brands and retailers need to stand out from the rest.

All industries have to continually innovate, whether its technology or retail. But how?

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Sow the wind, reap the whirlwind. That’s how employment in the U.S. has been devastated – and we are nowhere near reacting at the pace required to recover a semblance of the American dream.

Let’s take two names out of our history as prime examples of the accelerating dynamics of job destruction and job creation. One is a farmer; the other a scientist.

In a field in Rockbridge County, Virginia, in 1832, 22-year-old Cyrus McCormick attempted to convince a crowd of skeptics that the contraption he had invented could reap a field of wheat by sundown – as fast as six men with scythes.

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It’s just a patent application, filed in 2011, filled with black and white sketches. But iTime is a further glimpse at, not necessarily what the iWatch will look like when it's released later this summer, but their method of exploration into the future of wearables. It's a peek into Apple's creative process--one that seems to be focused, not on inventing the next lustable product, but designing its next product to best express you.

 

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I am not a coder. The closest I’ve come to the world of programming is a computer science class I took in college that killed my GPA (I got a C-minus, and that was a generous mark). It forever turned me off to the world of Boolean theorems and C++. For the rest of college, I kept myself happily occupied with Virginia Woolf and Chaucer, thank you very much.

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The Limited Liability Company (LLC) is a popular legal entity for small businesses, since it gives business owners liability protection and pass-through tax status, while keeping the business formalities and paperwork to a minimum. The LLC is a relatively new business structure in the U.S. While each state has its own guidelines for forming and managing an LLC, they all follow the same general principles.

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Over the past few years, the prevailing attitude in large swathes of the business world has been to view employee devices as a threat to the company’s IT structure. And while those concerns are valid, it is worth bearing in mind that they can be mitigated and that you can get serious reward by creating a more flexible work environment that accommodates the needs of the employees by treating them as business consumers.

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Microsoft

BEIJING, July 21, 2014 /PRNewswire/ -- The Microsoft Ventures Accelerator (MVA) Fourth Class Demo Day took place in Beijing, with 10 startups in the accelerator class demonstrating their achievements in the past six months to venture capital firms, industry experts, partners and media. Microsoft Venture Accelerator also announced the names of the 19 startups selected for its fifth class as it marked the second anniversary of MVA in China. In addition to continuing its commitment to providing free support for the class members, Microsoft Ventures Accelerator reiterated its commitment to providing comprehensive resources and support to Chinese startups and a growing number of partners in order to build a global startup support ecosystem to help Chinese startups to grow and expand worldwide.

 

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From Richard Branson to Steve Jobs, entrepreneurs might be considered the defining business leaders of this generation. The attraction is clear: especially for many people who may work in large, faceless organizations, the idea of the entrepreneur – who literally creates a concrete business idea out of a vision – serves as a kind of idealized fantasy.

 

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The UAE has been ranked first among the Middle East North Africa countries for their innovation performance.

According to du’s ‘2014 Global Innovation Index’, the Emirates has moved from 38th place last year to 36th in this year’s rankings.

Switzerland remains in top position worldwide in the index, followed by the UK and Sweden, while Sub-Saharan Africa posted significant regional improvement in the annual rankings.

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Hospitals and Health Networks released its list of the most wired hospitals as part of an effort to highlight which health systems and facilities are best connecting to patients.

Among those deemed the “Most Wired,” meaning they met a rigorous set of criteria across four operational categories, 67 percent share critical patient information electronically with specialists and other providers, according to the survey, conducted with San Francisco-based McKesson Corp., AT&T, the College of Healthcare Information Management and the American Hospital Association. The hospitals that made the list “have made tremendous gains by using IT to reduce the likelihood of medical errors,” the survey said.

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KITCHENER – Communitech has been chosen to advance in the selection process for the Canada Accelerator and Incubator Program, Prime Minister Stephen Harper announced Friday during a visit to Waterloo Region.

Communitech, in collaboration with University of Waterloo Velocity, Laurier LaunchPad and the Waterloo Accelerator Centre, is one of 15 Canadian organizations chosen for the program.

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Abu Dhabi: The Abu Dhabi Department of Economic Development (ADDED) announced the results of the first “Abu Dhabi Innovation Index” on Saturday. The index was prepared in collaboration with INSEAD, one of the world’s leading and largest graduate business schools. ADDED says the results confirm that Abu Dhabi is now in a position which qualifies it, according to international standards, to gain access to the knowledge necessary for innovation, and to localise and consolidate that knowledge. The results of “Abu Dhabi Innovation Index” show that, when compared to other economies dependent on natural resources, the emirate of Abu Dhabi emerged as highly adept and very efficient in the adoption and positioning of knowledge, new technologies, products and services across its entire economy.

 

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How do you break out of your old mindset, in a way that will fuel innovation?

Try heading to 16th-century Florence, according to Frans Johansson, the best-selling author of The Medici Effect.

Johansson (pictured) notes that the wealthy Medici family corralled a truly diverse set of thinkers, put them in the same place, and watched creativity flourish. And he believes that the 21st century, with easily accessible social media and diverse cities, offers some equally effective forums for collaboration.

 

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Tim Draper, the founding partner of Draper Fisher Jurvetson (DFJ) venture capital firm, recently won an award from SVForum for being a Silicon Valley visionary at its annual Visionary Awards. (His father, Bill Draper, by the way, previously won the same honor for being a pioneering Silicon Valley venture capitalist.) Draper used the opportunity to talk about his ballot initiative to divide California into six different states.

Image: Tim Draper of DFJ Image Credit: Dean Takahashi 

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Back in the early 2000s, the Maker Movement took hold in California, based on the emergence of such do-it-yourself (DIY) tools as 3-D printers, Google's SketchUp and makerspaces such as TechShop, with all the tools you need to make almost anything. Thus entrepreneurs began building prototypes and designing new products without the traditional huge investment.

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Stephen Key

At my daughter’s recent graduation, a commencement speaker kept reiterating, “You can do anything with a degree in philosophy.” To which I thought, you can do anything with the right attitude. For all of you entrepreneurs struggling to make ends meet but committed to seeing your dreams through, this article is for you.

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First, you should determine whether you have the right personality to be an entrepreneur. At My Enterprise Finland, you can complete an entrepreneur test, which may help you to make the decision. (Requires logging in with online banking credentials.)

The starting point for entrepreneurship can be, for example, professional expertise, the desire to make independent decisions, or the appearance of a good opportunity.

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A handful of Kentucky farmers are borrowing money through a micro-financing website known as Kiva Zip. Kiva Zip is a pilot program launched in 2011 by Kiva, which describes itself as the world’s first and largest micro-lending site. That site launched in 2005.

Image: Some Kentucky farmers are seeking loans through a microfinancing website that wants to establish a Louisville presence. 

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Small business owners know it’s important to have a website. Of course they do – it’s just common sense. So why are so many small business owners still resisting?

A whopping 81% of consumers research online before making a major purchase, so it’s imperative that your company have a solid Web presence. But the shocking news is that, according to a 2013 survey, 55% of small businesses still don’t have a website.

 

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These days, it is almost impossible to find a small business where everything is done at the home location, by full-time employees. We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure.

 

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The National Institutes of Health (NIH) has awarded a four-year, $3.7 million grant to researchers at the University of Maryland School of Medicine to develop a personalized medicine program to help doctors diagnose and treat monogenic diabetes – a form of diabetes caused by a mutation in a single gene. The study will evaluate methods to implement this program in various health care settings, with an objective to develop a model that could also be applied to caring for patients with genetic variations of other common diseases.

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There are times when it seems like there is an app for everything and entrepreneurs would have to reach pretty far to keep building new things. But in Africa, there are many things that need to be invented and problems that need to be solved. As an interested party in the African startup and entrepreneur ecosystem, we obviously have a few things we think need to be built on the continent. We decided to put together a list of things we wish African entrepreneurs could get going on. Now, some of these may be in the works already or some version of them might actually be in existence. If so, give us a holla.

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Michael Langone, the entrepreneur behind HopBox.co, combined a variety of different skills and interests when launching his home beer brewing business. Langone started brewing while attending college in Syracuse, N.Y.  Back then he was studying to become an architect, and didn’t expect to make brewing into a career.

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MORE OPTIONS MEANS MORE POSSIBILITIES TO BE PERFECTLY CONTENT--RIGHT? HERE'S WHY DECISION FATIGUE IS SAPPING US OF HAPPINESS AND MAKING US REGRET THE CHOICES WE MAKE.

Amazon sells 1,161 kinds of toilet brushes. I know this because I recently spent an evening trying to choose one of them for the bathroom in my new apartment. Nearly an hour later, after having read countless contradictory reviews and pondering far too many choices, I felt grumpy and tired and simply gave up. The next day, I happily bought the only toilet brush the local dollar store offered.

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Entrepreneurship is not a job for the Lone Ranger. Every startup requires building and maintaining effective relationships with people, including partners, team members, customers, and investors. That means giving and asking for feedback, and learning from it, especially negative feedback.

“Friction” is feedback mixed with emotion or drama, making it all the more difficult to sort out the value. There should be no immediate assumption that one side is right, and the other is wrong. It may be an indication that one party isn’t giving the feedback well, or the other isn’t taking it well, or both. Both of these modes are wrong, and non-productive.

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PETER PRONOVOST: The biggest misperception is certainty. When you receive a diagnosis from a doctor, we don’t always know for 100% sure if it is correct. In reality, medicine is an inexact science. In 2012, Johns Hopkins researchers, including myself, found that in intensive-care units alone, diagnostic errors may account for as many deaths as breast cancer in the U.S.

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May was a very busy month for the African continent. Local and international leaders came together for the World Economic Forum on Africa in Abuja and later, the African Development Bank Meetings in Kigali.

All these gatherings rally behind a common goal - poverty reduction and creating employment opportunities while sustaining economic growth on the continent. While six of the 10 fastest-growing economies in the world are in sub-Saharan Africa, the unemployment figures are startling. According to the World Bank, youth account for 60% of all unemployed Africans, this means the continent will need to create some 95-million new jobs by 2020, and another 160-million by 2030, to absorb all the new entrants to their labour markets.

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UCF is opening a new digital-media incubator in downtown Orlando, where startup companies can develop video games, animated film, simulation, and mobile and web products, officials said Friday.

The incubator will open this fall at UCF's Center for Emerging Media, near the Bob Carr Performing Arts Centre.

 

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The Assembly Financial Institutions and Insurance Committee voted Thursday to release a bill that would allow private businesses in New Jersey to “crowdfund” through web portals.

The concept, which calls for raising money through small contributions made online by a large number of investors, has been made popular by the website Kickstarter, which since its inception in 2009 has led to roughly $1 billion in funding for some 62,000 total projects.

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You know investors seriously love your company when they start throwing billions of dollars at you. Want to know what that feels like? Just ask on-demand private company Uber, which today confirmed that it had raised a massive US$1.2-billion from a group of mutual fund managers and venture investors. The latest round of funding means that the disruptive company is now worth around US$17-billion, a fact that will likely fuel speculation that it’s well on its way to going public.

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MOUNTAIN VIEW, Calif. — Just down the road from Google’s main campus here, engineers for the company are accelerating what has become the newest arms race in modern technology: They are making it far more difficult — and far more expensive — for the National Security Agency and the intelligence arms of other governments around the world to pierce their systems.

Image: Google servers in Douglas County, Ga. The company is encrypting more data as it moves between servers. Credit Connie Zhou/Google 

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As exits have been flowing nicely again the past few years, many of the entrepreneurs I work with have experienced their first big exit.

I refer to this moment as when you find that you have life changing money in your bank account, which I like to call “fuck you money.” You now can do whatever you want with the rest of your life.

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We’ve all been there – the cold, impersonal, off-putting dinner time sales call. You might even joke about how bad it was with your team at work. The joke however, may be on you because unfortunately, many sales people (some in your business) are repeating blunders on the sale over and over again. You need to root them out of your sales team’s tactics.

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Has Crowdfunding Become Too Crowded Video Bloomberg

The world of crowd funding, the founder and the chief executive of circleup, ryan caldbeck.

Great to have you with us.

How do you describe crowd funding to those that have never visited a site and have no idea what goes on?

Crowd funding means different things.

Essentially, it is a group of people coming together to fund a project or a company.

We allow individual investors to invest in and receive equity in those companies.

Are there any legal restrictions or hurdles that have to be met before you can say, all right, that is a new widget, i want to invest in it?

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Competition is fierce in the crowdfunding space and the pressure is on for new campaigns to grab eyeballs and attention. Crowdfunding expert Sally Outlaw explains some of the basics your campaign will need.

Get the media interested. Outlaw suggests identifying specific outlets or reporters who will be interested in your concept, based on researching their work and their publications. Then she says you should craft custom emails to these journalists explaining why your idea is newsworthy.

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WHAT BETTER WAY TO GET ACQUAINTED WITH YOUR CUSTOMERS THAN TO HIRE THEM? INSIDE INGRID VANDERVELDT'S JOB AS DELL'S ENTREPRENEUR-IN-RESIDENCE.

Dell’s history is a textbook success story. The dorm-room startup’s founder, Michael Dell, took his company public just four years after launch at age 23, then wrested back control, taking the company private again in 2013. In looking at the company’s efforts to be the technology provider of choice for the startup community, it would be easy to point to that founder DNA--an entrepreneurial company that has a love of entrepreneurial companies.

 

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True Ventures, one of the young firms leading the way as venture capitalists look to align more closely with entrepreneurs, has closed a fourth fund at $290 million, its founders told Venture Capital Dispatch.

The early-stage firm, which said it set out to raise $225 million for True Ventures IV LP, saw strong support from its limited partners, a reflection of its reputation and an improving fundraising climate for venture capital. True’s prior pool, raised in 2011, was $226 million.

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In 2011, when an MIT senior named John Romanishin proposed a new design for modular robots to his robotics professor, Daniela Rus, she said, “That can’t be done.”

Two years later, Rus showed her colleague Hod Lipson, a robotics researcher at Cornell University, a video of prototype robots, based on Romanishin’s design, in action. “That can’t be done,” Lipson said.

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Raise your hand if you have ever used a Texas Instruments (TI) graphing calculator.

The mathematic and scientific tool is easily the most popular name in modern calculators. If you scan the list of Amazon's bestselling graphing calculators, you'll see that TI models usually take the top three spots.

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It dawned on me two years ago that no digital idea can be truly great without participation. It also dawned on me that there is no real participation without the Big Idea. This set me on a mission to discover how to truly combine “creative” and “digital”.

Most digital agencies classify themselves as digital, but sometimes, all this means is that they are creatively driven and passionate about social ideas. An idea floating around on its own needs a guiding hand to push it into the mainstream with a view to a real audience. The future of digital lies with agencies that produce creative work but are also able to engage viewers and measure engagement. Ultimately this interaction will affect a brand.

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Scroll to the bottom of the Proceedings of the National Academy of Sciences of the United States of America’s website, and you’ll see the words “PNAS Online is distributed with the assistance of Stanford University's HighWire Press.” The university will soon be cut from that phrase, as HighWire escapes the confines of institutional budget parameters to become a privately funded company.

After existing as an auxiliary of the Stanford University Libraries since 1995, HighWire on Friday announced it had accepted an investment from the equity firm Accel-KKR. Terms of the deal were not disclosed, but the firm generally targets companies with revenue between $10 to $75 million, said Thomas J. Rump, the managing director who now becomes CEO of the newly spun-off company.

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Policy Exchange is calling on firms to sign up to a 'start-up superstar' scheme as part of its Technology Manifesto, launched today in association with Google and cloud computing giant EMC.

It would see companies and public sector organisations paying at least one graduate recruit a year to set up a business rather than come to work.

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Why do certain product and service experiences seem to Undeniable not have that “wow” factor, while others disap- Point customers? Perhaps there’s no better place to turn to than the world of magic. Below, Stefan Thomke and Jason That Randal consider leading magicians are Constantly under pressure to come up with new “effects” that wow audiences. They have to innovate frequently and rely on a systematic way of doing so.

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There’s a National Association for just about anything you can think of including The Procrastination Association. As they say on their website: “Never put off until tomorrow what you can do the day after. If it weren’t for the last-minute, nothing would ever get done. Hard work has a future payoff. Laziness pays off NOW.” We all seem to have an opinion about procrastination and usually that it’s harmful. The truth is, there are times when procrastinating wreaks havoc in our lives. Then there are other times when delaying some actions and decisions may be appropriate and even beneficial.

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In the pit lane of the Homestead-Miami speedway in Florida, inside a track on which race cars sometimes travel at over 300 kilometers an hour, a small crowd is watching something considerably slower but arguably far more impressive. On a sunny Saturday morning just before Christmas, a robot that roughly resembles a large person is contemplating a makeshift door on the tarmac ahead. It surveys the door using a laser scanner and a pair of cameras in its head; then, after a lengthy pause, the robot extends a gleaming aluminum arm, pushes open the door, and slowly steps through.

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So things didn’t work out with your last job. It happens. But what’s going to happen when that potential new employer calls your old boss?

“Unfortunately bad references are far more common than most people realize,” says Jeff Shane, founder Allison & Taylor, a reference checking and employment verification firm. “About half of the reference checks we perform come back with negative comments.”

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The U.S. initial public offering market has been good to venture capitalists this year.

So far this year, 55 companies backed by venture-capital firms have gone public on U.S. exchanges, raising $7.5 billion, according to data provider Dealogic. That easily exceeds the 19 venture-capital-backed IPOs that raised $1.9 billion on U.S. exchanges last year and is the highest level of activity since 2000.

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According to recent figures, in the United Kingdom paralegals already make up (as a mean average) 44 percent of all fee earners in solicitors firms, and are on track to outnumber solicitors in firms within a decade. In the US, the Bureau of Labor Statistics projects 16.7 percent growth in paralegal jobs between 2012 and 2022, adding 46,200 positions. Jobs for attorneys are expected to grow only about 10 percent during that period.

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According to new research published in the June 2014 issue of The FASEB Journal, men create more new proteins as a result of this exercise than women do. The good news, however, is that men and women experienced similar increases in aerobic capacity. This study is the first to directly measure the creation of proteins made to adapt to this mode of exercise. The study also uniquely used methods that measure the cumulative making of proteins during the entire three weeks to account for other daily living factors, effectively ensuring that the study was a measure of real life conditions. 

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My visit to Colombia last week taught me that Brazil and Chile are no longer the sole players in the region intent upon building an entrepreneurial economy. With Latin American startup ecosystem leaders gathering this week around a workshop for ecosystem professionals in Latin America, we take a look at the host of the conference – the Dominican Republic.

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Epidarex’s successful £47.5m ($79.5m) fundraise makes for a prime example of universities putting their money where their mouths are. Formerly known as Rock Spring Ventures, the fund is looking to bridge the funding gap in UK life sciences – with the aim of becoming a “local champion” for the sector.

The fund has attracted four UK universities as limited partners for the fund: King’s College London, Glasgow University, Edinburgh University, and Aberdeen University. While the fund will be looking to invest in UK life science startups in general, the four universities’ spin-outs will automatically be a higher priority target of investment by Epidarex, which is also supported by pharmaceutical firm Eli Lilly, the European Investment Fund, Scottish Enterprise, and Strathclyde Pension Fund.

 

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Entrepreneurs work hard all year long to ensure their businesses become successful and stay successful, but everyone needs a break to relax and reflect. If you start feeling guilty about heading to the beach this summer don’t.

Here is a list of summer reads that will keep you thinking and inspired -- even from your Adirondack.

 

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When Vanity Fair ran a lengthy profile of President Obama in 2012, one of the most repeated anecdotes was that the president wears only blue or gray suits. As he explained to writer Michael Lewis, “I’m trying to pare down decisions. I don’t want to make decisions about what I’m eating or wearing. Because I have too many other decisions to make.”

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In the grasslands and floodplains of southern Africa, conservationists observed a 300-mile (500 kilometers) zebra migration — the longest known trek of any land mammal on the continent.

The discovery provides a surprising glimpse at how wildlife endure even amid declining populations of species around the world, the researchers said.

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Following a slow 2013, US venture capital firms are aggressively raising money to invest in new startups as the technology industry has heated up.

Spark Capital of Boston, which previously backed Twitter Inc. and virtual reality company Oculus VR, announced this week it had raised $375 million for a new fund, a little more than a year after raising a $450 million fund.

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You're young, you're broke and you're looking for a relatively cheap way to cool down this summer. The answer? Ice cold cocktails.

Now that Memorial Day has come and gone, the unofficial start of summer has us dreaming of frosted margaritas and sweet sangrias.

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When Stacy Rauen and Amber Wilcox were going through their respective pregnancies, they couldn’t believe there wasn’t an easier way to get their necessary prenatal vitamins. Both women had difficulty with the standard pills due to their size and taste. Those factors, mixed with persistent morning sickness, made getting the necessary vitamins tough.

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Neil Kane

Conventional wisdom says this is how to raise money:

  1. Develop your pitch 
  2. Contact investors 
  3. Pitch them 
  4. If they’re interested, they’ll offer you their term sheet 
  5. Negotiate 
  6. Due diligence 
  7. Close

 

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Technology giant Google serves billions of people around the world, but its employees don’t mirror the rest of the world very well.

Of the nearly 50,000 Google employees out there, 70 percent are men, and 61 percent are white, according to figures Google released today. Asians represent 30 percent of the company’s employment base, while Hispanics comprise 3 percent.

 

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A new study suggests that how one compares weight-wise with others in his or her community plays a key role in determining how satisfied the person is with his or her life.

“The most interesting finding for us was that, in U.S. counties where obesity is particularly prevalent, being obese has very little negative effect on one’s life satisfaction,” said study co-author Philip M. Pendergast, a doctoral student in sociology at the University of Colorado-Boulder. “In addition, we found that being ‘normal weight’ has little benefit in counties where obesity is especially common. This illustrates the importance of looking like the people around you when it comes to satisfaction with life.”

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More than 25 years of democracy and political stability have allowed Brazil to make major strides in economic development, including cutting its official poverty rate by half. Yet the forces that provided much of the economy’s momentum during the past decade—an expanding labor force, credit-fueled consumption, and high commodity prices—are beginning to stall.

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Opportunities are growing for women to sidestep the glass ceiling and steer clear of the glass cliff, that corporate “opportunity” for leadership given to women and minorities when there is high risk of failure due to a crisis created by former leaders or because needed resources aren’t given.

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The biopharmaceutical industry has been highly criticized for a number of years with respect to the high costs of medicines, particularly for drugs to treat cancer and rare diseases. Physicians and insurers have challenged the benefit of a new drug that might cost tens of thousands of dollars yet only extends life for a few months. This has led to various ethical debates about the value of life vs. the cost to society as a whole.

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If you think you have no time to squeeze creative work into your daily life, ask yourself: Do I have five minutes to spare? Chances are, you do.

Giving yourself five minutes every day to focus on a creative task--writing, doodling, brainstorming ideas--can have a profound impact over time. Cognitive behavioral therapists call it (appropriately enough) the Five-Minute Rule. Commit to doing something for this short interval of time, they reason, and you'll overcome the psychological barriers of getting started in the first place.

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Boston-based VC firm Spark Capital has established a new $375 million growth fund and tapped a former News Corp. executive to run it. In a blog post, Spark's Bijan Sabet said that the firm brought on former News Corp. executive Jeremy Philips as a general partner at Spark to manage the fund.

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As anticipated, Apple has acquired Beats Electronics for $3 billion, which is less than the $3.2 billion sticker price originally attached to the luxe headphone maker.

The move is widely seen as one purveyor of expensive, glitzy electronics purchasing another purveyor of expensive, glitzy electronics. But Apple is also purchasing the architecture of a budding streaming-music service--Beats Music--which is an area where Cupertino has historically been lackluster. Remember: Apple already has iTunes Radio, which lags behind Pandora in the United States. That said, as a standalone service, Beats Music isn't much of a force in terms of user numbers: Just 250,000 users subscribe to it; Spotify boasts 10 million paying customer, to say nothing of the dozens of millions more who use it for free..

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Sarah Miller Caldicott

Since the mid-1980s, almost everyone who has worked with a computer has used a Microsoft product. Innovations like Windows, Word, Excel and PowerPoint helped drive core business activity at millions of companies, and cemented Microsoft as one of the founding members of the digital age. Microsoft helped usher-out carbon paper, typewriters, adding machines, overhead projectors and secretarial pools while changing how we write, crunch numbers and make presentations.

 

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For Joanna Griffiths, launching a crowdfunding campaign was about more than raising capital for her startup. Griffiths turned to Indiegogo in 2013 to test the market for Knix Wear, a line of women's underwear made from moisture-wicking, odor-absorbent fabrics. "It was the last test in a series of tests I conducted before launching the business," explains the Toronto-based entrepreneur.

Image: http://www.entrepreneur.com/ - Joanna Griffiths got support for her Knix Wear line. 

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“We fought the good fight. It’s pretty emotional.”

That’s Springpad co-founder Jeff Janer talking about shutting down his company after six years and almost $10 million in venture funding.

Charlestown, MA-based Springpad ran out of money while trying to raise a Series B round, Janer says. Its digital-organizer product, which had about 5 million users, will be discontinued on June 25. (The Verge first reported the shutdown, and the Boston Business Journal and others have since covered the news.)

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Crowdfunding has allowed developers and entrepreneurs an easier means of raising money while giving the public the power to influence their success. Great ideas are usually victims of absent capital, are able to germinate and mature while rewarding those who funded those ideas. It’s a self-sustaining ecosystem, and it’s brilliant — but only for good ideas.

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An advertising agency met with a client—who happened to be a U.S. Marine Corps colonel—and the conversation turned to the topic of reliable data. “Look,” said the colonel, “if I’m on a battlefield trying to defend a hill and I get a piece of intelligence, even if I’m not 100 percent sure that it’s accurate, I will make decisions based on that intelligence.” He strongly believed that it’s better to have some information than none—and that you’d be a fool to disregard it just because it falls short of being definitive. One could say that the colonel was a proponent of “little data.”

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What does it mean to become a digital leader? Companies in every industry are looking for answers to this question. They are exploring new business models, developing new user experiences, and experimenting with new channels and platforms—all with the strategic goal of creating significant value in a digitally powered business environment. To get there, most of these companies are pursuing the same laundry list of initiatives. They are reengineering processes and products, investing in technology platforms, and launching efforts to achieve back-office efficiency. Many are recruiting digitally native talent, setting up internal venture funds, or crowdsourcing new digital business ideas to get a jump start on this transformation.

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Measuring the success of social media interactions cannot be done using traditional ROI metrics. The nature of the communication channels involved requires a brand new approach.

Last year’s record haze that blanketed Singapore and surrounding countries caused enormous social media chatter. Singaporeans turned to Twitter and Facebook to voice their concerns, fears and complaints about the smog emanating from burning Indonesian farmland across the Malacca Strait in nearby Sumatra. Many were worried that respirator masks were in short supply as citizens descended on pharmacies to stock up.

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When Maya Angelou passed away on Wednesday, the world lost not only a revered author and poet, but a guiding light for humanity.

Angelou's ability to inspire will live on in her prolific thoughts, proverbs and works; her words could be compiled into a guidebook for leading a fulfilling, successful life.

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According to recent research by Shikhar Ghosh, a senior lecturer at Harvard Business School, based on data from more than 2,000 companies, 75% of venture-backed startups fail.

Of course, there are different ways to define failure, but losing all the money you’ve put in – or losing your dream – certainly qualifies. Some might use shorter-term benchmarks, like achieving sales and revenue targets within a given timeframe, in which case an even higher percentage of funded startups would probably wind up sporting a big red F.

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To continue the blog post series  I’ve been doing (installments one, two, and three) that addresses skepticisms about flipped learning, I wanted to dip into something other than my own comment sections, and go to a general class of skepticisms I’ve heard when I do workshops. Those skepticisms involve technology. Specifically, although I’ve never heard a single formulation of this skepticism, there are two ways it can occur:

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I can still remember the day the Department of Revenue shut my company down. It seems that we had not done a timely job of remitting the sales tax that we had collected from our customers and this government agency wanted their money.

My bookkeeper had apparently ignored all their warnings by mail. When they arrived, they put a big sticker on our door, telling all our customers and employees that we had to “pay up to open up.”

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The European Council Tuesday (5 May), approved the roll out of a series of public private partnerships worth up to €22 billion over the next seven years.

The partnerships between the European Union and consortiums of large businesses are targeted at sectors facing “major societal challenges.” They are part of the EU’s Horizon 2020 new €80 billion research and innovation programme for 2014-2020.

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It has been more than three months since the comment period on the Securities and Exchange Commission’s proposed rules for equity crowdfunding ended, and with no sign of final regulations on the horizon, stakeholders are getting antsy.

The crowdfunding industry’s supporters are wondering when the agency, which was supposed to have those rules in place at the beginning of 2013, will finally let them begin selling stock in start-ups and emerging companies to average Americans. Consumer advocates, meanwhile, are worried that whenever it happens, it will be too soon.

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Entrepreneurs are leaders who can see into the future with inspired vision, championing highly competent teams to make the seemingly impossible possible. That is the intent at least. There are times when you may feel overwhelmed, work harder instead of smarter and generally fear thttp://www.freedigitalphotos.net/images/Fashion_g377-Beautiful_Young_Woman_p45164.htmlhat you’re doing it wrong. The truth is, whether you would like to admit it or not, entrepreneurs and executives have blind spots -- everyone has them.

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Patents not only protect inventive ideas, they act as an incentive for innovators. A patented idea is more likely to attract investors and sustain capital. As a result, patents continue to act as a benchmark for innovation. Drawing from the Thomson Reuters Derwent World Patents Index® (DWPI℠) database, the 2014 State of Innovation report illustrates innovation activity across 12 technology sectors as determined by patent volume.

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The greater the potential for innovation in a city the higher the economic output that city is likely to enjoy. Cities that rank high in innovation are better destinations for investments in commercial product, service or social innovation without any specific industry focus.

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San Francisco is set to get a new cellular network later this year, but it won’t help fix the city’s spotty mobile-phone coverage. This wireless network is exclusively for things.

The French company SigFox says it picked the Bay Area to demonstrate a wireless network intended to make it cheap and practical to link anything to the Internet, from smoke detectors to dog collars, bicycle locks, and water pipes.

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TheFamily is a leading accelerator in France with a different approach to nurturing startups. Founded just a year ago, it has quickly grown into an education powerhouse, with strategic investors and mentors on the board. Faithful to its promise of supporting 100 startups per year, TheFamily now strengthens its position further by raising $1 million funding from Index Ventures and a number of angel investors for an open round that may go up to $2 million.

 

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American entrepreneurship is apparently on the decline, according to a recent article from FiveThirtyEight, but small business owners report consistently high levels of satisfaction with their choices despite the financial difficulties that they have faced.

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Government

Mr Jim Manzi is the founder and chairman of Applied Predictive Technologies and one of the originators of cloud computing. He is also a well-known libertarian/conservative thinker, a senior fellow at the Manhattan Institute and a contributing editor to the National Review.

Between his tech background and politics, he is about the last person you would expect to praise the historic role the government has played in the critical business of innovation — or to call for that role to be stepped up in the here and now.

 

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Every day we all engage in a surprising number of habitual behaviors. Many of them, from brushing our teeth to driving a familiar route, simply allow us to do certain things on autopilot so that our brains are not overtaxed by concentrating on each brushstroke and countless tiny adjustments of the steering wheel. Other habits, such as jogging, may help keep us healthy. Regularly popping treats from the candy dish may not. And habits that wander into the territory of compulsions or addictions, such as overeating or smoking, can threaten our existence.

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Rachel King

Tuesday, June 10, 2014

Maryland is home to the most innovative and fast growing life science companies in the world. Two of these companies have recently made a huge splash – Amplimmune and GlycoMimetics. Hear from the CEOs of each company about why being homegrown and staying in Maryland is a key ingredient to success and what their achievements through IPO and acquisition can mean for your company and our life science community as a whole.

 

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In order to provide the best possible customer service, smart small business owners learn from the big companies’ best practices. One tactic more and more big corporations are using is providing customer service on Twitter.

Image Courtesy of Tanatat / FreeDigitalPhotos.net

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The founding fathers of enterprise lived by a simple maxim: crush the little guy.  Rockefeller, Carnegie, Morgan and their ilk may have built the modern industrial age but they did it on the carcasses of a million small business owners. Rockefeller is probably the best known for his ruthless assault on entrepreneurs in a campaign that included buying up all the chemicals they needed to refine their oil, buying up all the barrels so they had nowhere to store their oil, and offering his oil to the market at next-to-nothing until he literally bankrupted anyone who stood in his way. 

Image: http://www.forbes.com/ 

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J.B. Pritzker, the succesful businessman who has helped ignite Chicago’s entrepreneurial ecosystem, will keynote SSTI’s 2014 Annual Conference, Regional Prosperity Through Innovation, being held in Chicago, September 14-16.

J.B. Pritzker is an entrepreneur, investor and philanthropist. He is Co-Founder and Managing Partner of Pritzker Group, a private investment firm with offices in Chicago and Los Angeles. Pritzker Group comprises three professional investment teams: middle-market acquisitions, technology venture capital and asset management. Pritzker Group Private Capital acquires middle-market manufactured products, services and health care companies. Pritzker Group Venture Capital, founded in 1996 as New World Ventures, is the largest technology venture investor based in the Midwest. The firm invests nationally in rapidly growing technology companies at all stages of their growth, with a principal focus on enterprise software, ecommerce and managed services. Pritzker Group Asset Management partners with leading investment managers across the global public markets.

 

economic gardening

Nature has long been known for its relaxing qualities, as a place for humans to find tranquility and healing. Gardening in particular is associated with mental clarity and feelings of reward, and it has many physical benefits as well. Food gardening can particularly be gratifying and an excellent source of fresh produce.

image: http://www.freedigitalphotos.net 

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No matter what happens to Jordan Lloyd Bookey WG’07 and husband Felix Brandon Lloyd on Friday night on Shark Tank, they can at least have the consolation that they didn’t have to wait in endless lines to audition for ABC’s hit TV reality show. Although they nearly did.

Felix, a former teacher and entrepreneur, had been a fan of ABC’s hit TV reality show Shark Tank since its first season. So when he heard that its producers were holding auditions in Philadelphia last summer, he wanted to make the trek northbound from Washington, D.C.

Image: http://beacon.wharton.upenn.edu 

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Philadelphia, PA - May 19, 2014

As the University City Science Center's QED proof-of-concept program launches its seventh round, one of its newest academic partners, The Pennsylvania State University, has expanded its involvement from the Medical College at Hershey to include its main campus at University Park. University Park hosts hundreds of life science researchers in colleges including the Eberly College of Science, the College of Engineering and the College of Health and Human Development, along with inter-disciplinary centers, including the Huck Life Sciences Institutes. An RFP seeking proposals to QED for technologies ripe for commercialization was issued by the Science Center to 21 participating institutions in Pennsylvania, New Jersey and Delaware on May 12, 2014.

QED, the first multi-institutional proof-of-concept program for the life sciences and health IT, brings together academic invention, market insight, and commercial guidance as researchers are paired with Business Advisors to perform technical proof-of-concept validation for life science, healthcare and health IT technologies with high commercial potential.

ASHOK KARTHUM SPEAKS ABOUT NURTURING THE STARTUP CULTURE IN TAMPA BAY.

There is no doubt that the Tampa Bay region is eager to establish itself as a key player in the national startup scene. 

That was the ultimate takeaway from 83 Degrees Media's latest community conversation in the "Not Your Average Speakers'' series, "How Do We Grow From Here? Nurturing The Tampa Bay Startup Culture.''.

Image: http://www.83degreesmedia.com/ - ASHOK KARTHUM SPEAKS ABOUT NURTURING THE STARTUP CULTURE IN TAMPA BAY. 

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Paul Walker and Sarah Coulter presented on behalf of the Clorox Global Strategic Sourcing (GSS) Organization at the 99th annual ISM conference in Las Vegas about innovation in sourcing practices. Clorox has developed a unique approach to growing the business through innovative partnerships and has learned a few things along the way. These learnings were shared at the ISM conference last week, and there were four key messages I took away from the presentation that led to the success of this initiative.

image: http://www.freedigitalphotos.net 

Naveen Tewari

Entrepreneurs go through rejections on a daily basis – right from investors to customers to employees. Handling rejections is not easy.

Mobile ad company InMobi was valued at nearly $1 bn in 2012 when it raised $200 mn from Softbank. Naveen Tewari, its co-founder, is one of the entrepreneurs we now look up to.

Image: http://www.nextbigwhat.com - Naveen Tewari

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The bones of seven huge dinosaurs that each weighed more than a dozen elephants and had femurs bigger than a human adult have been discovered in Argentina, scientists announced.

The plant-eating beasts plodded across South America 95 million years ago, during the Mesozoic Era, and they may represent a new species. The creatures may even be the biggest dinosaurs known, outshining their long-tailed, long-necked titanosaur cousins like Argentinosaurus, said the paleontologists who excavated the bones.

Image: The sauropod's femur next to researcher Pablo Puerta. Credit: Jose Maria Farfagli 

Strategic principles for competing in the digital age McKinsey Company

The board of a large European insurer was pressing management for answers. A company known mostly for its online channel had begun to undercut premiums in a number of markets and was doing so without agents, building on its dazzling brand reputation online and using new technologies to engage buyers. Some of the insurer’s senior managers were sure the threat would abate. Others pointed to serious downtrends in policy renewals among younger customers avidly using new web-based price-comparison tools. The board decided that the company needed to quicken its digital pace.

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Incumbent companies face critical decisions when it comes to addressing digitization. In this video interview, McKinsey Digital strategy McKinsey Company irector Paul Willmott argues the first decision is fundamental: whether a company is even in the right industry. That’s because digitization is blurring the lines between sectors, placing fresh demands on both leadership and organizational strategy. This interview was conducted by McKinsey’s Bill McIntosh, and an edited transcript of Willmott’s remarks follows.

http://www.mckinsey.com

Angel Investor

There has been an increase in startup quality due to the now-legendary improvements in process espoused by Steve Blank, Alex Osterwalder, and their lean startup principles.

Yet legions of angel and seed investors have not upgraded their knowledge and kept pace with these massive shifts. Investors need to change their investing practices and incorporate the lean startup paradigm. Here’s why:

 

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As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. People cite sources like this BusinessWeek story last year "Real Entrepreneurs Don't Write Business Plans," or even my own article a while back, "10 Reasons Not To Write A Business Plan First."

Let me be clear - business plans are never "required," they should never be written "just for investors," and if you sold your last startup for $800 million, most investors will not expect a plan document. On the other hand, if you are a first-time entrepreneur, the discipline of building a business plan will dramatically improve your success odds, and your odds of finding an investor.

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What is an hour of your time worth as an entrepreneur or small business owner? An even better question might be:  How do you gain back hours of your valuable time that may be spent on administrative activities that don’t add directly to your top line or bottom line?

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NIH

The National Institutes of Health announced on Wednesday a new policy requiring that both sexes be represented among the subjects of preclinical biomedical research it finances involving animal and cell models.

More than two decades after requiring gender balance among human beings in the trials themselves, NIH leaders said they now realize that the same step should be applied to the laboratory experiments that inform those trials.

 

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Running a small business as an entrepreneur is a never-ending challenge of new products, customers, competitors, and an unpredictable economy. This week is National Small Business Week in the US, so it’s a good time to celebrate your successes, and allow the rest of us to acknowledge your dedication and innovations.

Image: http://blog.startupprofessionals.com 

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The term 'entrepreneur' often conjures up an image of a young and dynamic individual (such as Mark Zuckerberg), however, while it is vital that South Africa continues to promote entrepreneurship among the youth, there is also a rising need for a focus on promoting entrepreneurship among older generations, such as retirees.

This is according Christo Botes, Executive Director of Business Partners Limited, a specialist risk finance company for formal small and medium enterprises (SMEs) in South Africa, who says that older individuals often have the advantage of identifying different business opportunities, based on past experience and acquired knowledge.

Image: http://www.freedigitalphotos.net

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No one likes picking up someone else’s slack. But when a colleague leaves early, misses deadlines, and doesn’t give 100% to a project, it can be difficult to determine the best course of action. Should you confront them about their behavior? Speak to your boss? Or mind your own business?

What the experts say

We’ve all worked with someone who doesn’t pull his own weight — a colleague who checks Facebook all day, takes two-hour lunch breaks, and never meets a deadline. But as irritating as it can be, you shouldn’t become the behavior police unless their slacking is materially affecting your work. “You don’t want to have the reputation of an oversensitive alarm detector,” says Allan R. Cohen, a professor of management at Babson College and author of Influence Without Authority.

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Who are the most influential spreaders of information on a network? That’s a question that marketers, bloggers, news services and even governments would like answered. Not least because the answer could provide ways to promote products quickly, to boost the popularity of political parties above their rivals and to seed the rapid spread of news and opinions.

Image: http://www.technologyreview.com 

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There is a real trend developing right now of large corporations becoming crucibles of innovation and entrepreneurship in a systematic way. In this post, I will discuss four specific sub-categories of this trend that we’re seeing, and for all practical purposes, participating in.

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What’s affecting me, my clients and other small-business owners today.

Small Business Week

• Here are the Small Business Administration’s 53 small-business people of the year.

• The Hartford sends hundreds of employees to patronize dozens of small businesses in 14 cities.

• The number of consumers willing to go out of their way to shop at a small business, even if it costs more, has increase

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Johnson & Johnson's ($JNJ) Janssen arm is planning to open another biotech incubator, this time setting its sights on South San Francisco in hopes of finding a few promising drug developers.

The new operation, dubbed Janssen Labs @South San Francisco, will be a 30,000-square-foot mix of lab and office space with room for up to 50 startups, J&J said. Mirroring Janssen's flagship San Diego incubator, the new facility will be staffed by some of J&J's biotech brains and provide operational support, education and business services to its guest companies. 

Image: South San Francisco--Courtesy of BART 

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What is the Open Innovation Challenge?

The Nokia Open Innovation Challenge is an opportunity to collaborate with us on game changing innovation - the kind of ideas which will shape the future of the telecommunications industry. It is an opportunity for you to work with the best to transform your ideas into real solutions and real solutions into business. We'll look for innovative ideas, technologies, or business models addressing two of the most disruptive opportunities for service providers today - Big Colossal data analytics and Telco Cloud. Read more about the challenge.

 

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When the Affordable Care Act took shape last year, a trio of New York entrepreneurs saw a big opportunity: 40 million people on the brink of choosing their own health insurance — one of the most confusing processes known to man. Anyone who could make that process simple and easy stood to win huge. So they launched Oscar Health to do just that.

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The past several years have seen bitcoin and other cryptocurriences become a multibillion dollar ecosystem, attracting hundreds of startup companies and over $100 million in venture capital investments.

Cryptocurrencies are undoubtedtly innovative in the context of payments. But they also provide some broader lessons with relevance far beyond the financial world. Here are five things that the growth of cryptocurrencies can teach us about the future of innovation:

 

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A hybrid remotely operated vehicle (ROV) dubbed Nereus was lost while diving 6.2 miles (10 km) beneath the sea surface in a deep trench northeast of New Zealand on Saturday (May 10), representatives for the Woods Hole Oceanographic Institution have confirmed.

Part of the ROV, diving in the Kermadec Trench, may have imploded under pressures reaching a seam-bursting 16,000 lbs. per square inch (psi). (On Earth, humans are exposed to pressures of nearly 15 psi.)

Image: The hybrid remotely operated vehicle (ROV) called Nereus (shown here) has been tasked with exploring the deepest parts of the Earth's ocean where pressure can be as great as 16,000 pounds per square inch. It has explored the world's deepest trench, the Marianas Trench, and the second-deepest trench, the Kermadec Trench. Credit: Advanced Imaging and Visualization Lab, Woods Hole Oceanographic Institution 

Dream IT Ventures

DreamIt Health Philadelphia is a four-month startup accelerator located in the heart of Philadelphia; a microcosm of the national health care industry. The intense 16-week cycle is designed to give nascent health IT ventures unfair advantages in the market. DreamIt Health provides access to critical health care-specific resources and beta customers; up to $50,000 in seed funding; bespoke mentorship; collaborative office space; world class coaching and networking with industry thought leaders; and the opportunity to present to a room full of investors on Demo Day. Companies participating in the program benefit from the unique collaboration of the region's dominant health care payor (Independence Blue Cross) and provider (Penn Medicine) joining forces to speed innovations to market. 

 

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With investors enthusiastic about hot technology start-ups, a major venture capital firm has raised $1.2 billion for its new fund.

The Silicon Valley firm Norwest Venture Partners said on Tuesday that it planned to invest the money in companies across different sectors and at varying stages of growth. With the fresh capital, Norwest said it had roughly $5 billion under management.

Image: http://dealbook.nytimes.com - Gary Wagner Matthew Howard, a managing partner at Norwest Venture Partners, in 2006. 

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Like many people who become entrepreneurs, Matthew Slutsky did it because he had a great idea and craved the independence of running his own business.

But instead of relying on outside investment to support and build his real estate listing website, BuzzBuzzHome, Mr. Slutsky and his co-founder Cliff Peskin chose to fund it themselves.

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I’m about to graduate from one of the best schools in the world, with the smartest people I’ve ever met. Along the way, I became a social entrepreneur, something I never expected. This is how that happened.

I always knew that I had a natural calling for doing good for others. Growing up in China, I served as a volunteer teacher of English, did fundraising for a girl with heart problems, and advocated for environmental protection in school. Here in the US, I was exposed to all sorts of thought-provoking ideas and practices of social justice and social innovation.

Image: http://beacon.wharton.upenn.edu 

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You already know the basics: Salary? You better be negotiating. Vacation? Also on the table. In fact, here are five things beyond your paycheck you can negotiate on the job, at pretty much any level.

Since most of us spend more time at work than we do at home or with friends and family, asking for what you deserve is important.

Image: https://www.flickr.com/photos/29080217@N05/3340589299 

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We live in the age of the startup. It’s never been easier to build a product and start a company. And, thanks to the boom in angel investing and crowdfunding, it’s never been easier for startups to raise money. The analytics firm CB Insights logged more than seventeen hundred seed-investment deals in the U.S. tech industry in 2012, more than three times the number from three years earlier. But there’s a catch: starting a company may be easier, but making it a success isn’t. Competition is fierce, profits are scarce, and venture capitalists aren’t generous when it comes to later stages of funding. As Gideon Lewis-Kraus shows in “No Exit,” a new Kindle Single about startup culture, the life of a new company is often brutish and short. Though we may be seeing a “Cambrian explosion” of new companies, as The Economist recently put it, there’s a mass extinction going on, too.

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Watson

IBM Corp. which has been struggling to turn its Watson supercomputer into a viable business model, is taking a new tack. It has already tried price-cutting, making Watson more accessible at a smaller fraction of the previous cost. Now Watson is headed to Washington: IBM is aggressively marketing the technology to the federal government, in addition to hospitals, retailers and other potential customers, The Washington Post reported.

 

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After working largely in the background for CDMN over the last five years, I had the opportunity this week to participate in one of the semi-annual Hub meetings, where representatives from 28 network partners gather to share insights and best practices with one another. Over the course of two days in Sault Ste. Marie, network members shared strategies for accelerating the growth of Canada’s early-stage companies, through programs like Innovation Factory’s LiFT, Traction at Accelerate Okanagan, and Next Level from the Northwestern Ontario Innovation Centre.

Image: http://www.cdmn.ca/gold-medal-team-adds-shine-to-cdmn-hub-gathering/ 

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Actors want to direct. Directors want to produce. And consultants want to be kick ass speakers. And why not? The pay is good. It doesn't take much time.

And it's a lot less heavy lifting than most consulting gigs. Easier said that done, however. Delivering a kick ass keynote is not as easy as it looks. If you want to get into the game, begin by reviewing the following guidelines to see if you have what it takes.

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According to the Brookings Institution, the data show that the U.S. is losing its entrepreneurial spirit--and has been for decades.

Ever feel that being an entrepreneur is like having a membership at a big club? Heads up: The roster is getting smaller. According to a new Brookings Institution study, entrepreneurship has reached at least a three-decade low across virtually all of the country.

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Baremetrics has grown faster than anything I've ever built before, both from a user/usage standpoint and (most importantly) from a revenue stand point.

I was able to go from initial idea to over $5,000/month in recurring revenue in exactly 5 months. So, for both posterity and usefulness sake, I'll walk you through a few things I learned through that process.

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In this special guest column, European Commissioner for Research, Innovation and Science, Máire Geoghegan-Quinn, calls on ‘citizen scientists’ to take measurements of their local water, to help create the biggest data set in marine research to ever be taken on one single day.

Image: Máire Geoghegan-Quinn on creating an ‘Innovation Union’ for our oceansMáire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science. Image via European Parliament 

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The quintessential venture capital (VC) paradigm has been to grow a business from a technology that incubated for a couple of decades in federal, university and corporate labs.  There’s a lot of R&D investment that has gone into university and federal labs, roughly $100 billion annually.  Many of those research projects do have a chance of maturing into consumer markets with the right mix of investment and business direction.

 

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The UpTake: Emily Reichert of Greentown Labs says her incubator isn't just another co-working space. Its cleantech entrepreneurs are a community who are passionate about making a difference in addition to being passionate about making money.

Image: Greentown Labs, based in the Boston suburb of Somerville, boasts of having 33,000 square feet of prototyping lab and co-located office and event space; a shared machine shop and electronics shop; immersion in a community of energy and clean technology entrepreneurs; and on-site events and programs designed to enable startups to rapidly grow their networks and their companies.   

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COLUMBIA – In its inaugural round of innovation-related grants, the S.C. Department of Commerce is awarding $2.4 million in grant funds to 14 organizations across the state to further high-tech and entrepreneurial economic development.

image: http://www.freedigitalphotos.net 

Podium

Mr. Frost, my superb economics teacher in England, once shared the story of two people talking about a lecture given by the late Milton Friedman, the father of Monetarism. The first said, “Twenty years ago, I went to the worst lecture I’ve ever heard! Friedman gave it and I still remember how he just muttered on and on and all I could make out was the word ‘money.’” The second man responded, “If you can remember what the key message was some twenty years later, I think it might be the best lecture you ever heard!”

 

5 Traits of Successful Innovators - Yahoo!

In 2012, Kaufman Foundation's "WE HAVE MET THE ENEMY... AND HE IS US" reported:

Venture capital (VC) has delivered poor returns for more than a decade. Speculation among industry insiders is that the VC model is broken, despite occasional high-profile successes in recent years.

Conversation about less-than-expected performance with venture capital and private equity funds continues to grow. Consider the following recent conversations:

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team leader

Despite all the headlines about billion-dollar exits and IPOs, growing too quickly or too much is not always the most desirable outcome for a startup.

Fifteen entrepreneurs, members of Young Entrepreneur Council (YEC), offer their perspective on why, in some cases, smaller means mightier.

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Is stress impairing your performance at work and compromising your relationships? Changing the way you think about stress can help you turn stress into an ally and use it to improve mental agility and work performance; a report in the Journal of Experimental Psychology showed that physiological and cognitive benefits result from thinking of stress as “functional and adaptive” rather than a signifier of “threat.”

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There are a ton of people who read self-improvement blogs and books, but never put them into action.

They engage in what’s sometimes called “self-improvement porn”.

I’ve done this myself in the past--it was a form of fantasizing about how I was going to make my life better, get my shit together.

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We’re on the cusp of a real turning point for big data. Its applications are becoming clearer, its tools are getting easier and its architectures are maturing in a hurry. It’s no longer just about log files, clickstreams and tweets. It’s not just about Hadoop and what’s possible (or not) with MapReduce.

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The Intelligent Community Forum today named Suneet Singh Tuli, CEO of DataWind, as the 2014 Intelligent Community Visionary of the Year.

Mr. Tuli was cited for the development of the Aakash II/UbiSlate tablets, which the Intelligent Community Forum believes will revolutionize access to knowledge for billions of people and stabilize communities in the process. The tablet is the world’s cheapest computer, according to Forbes Magazine. 

 

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Innovation has become a buzzword in Pakistan, especially among the politicians who inaugurate new conferences with gusto — the word is used to imply a great present and an even brighter future. Innovation is something this business-friendly government believes in we are told time and again. All of that may be true, but it may be worthwhile to take stock of where we are on the global innovation index and if we are not where we think we should be, what can we do to fix that.

Image: http://tribune.com.pk - The writer is associate professor in the departments of Biomedical Engineering and Medicine at Boston University  

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A rare, deep-sea "goblin shark" caught by Florida shrimp fishermen is only the second of these creatures ever seen in the Gulf of Mexico, scientists say.

The prehistoric-looking beast, whose pink color and daggerlike teeth earn the shark its name, is usually seen in deep waters off the coast of Japan. 

Image: Carl Moore accidently caught this fierce-looking goblin shark on April 19. He later released it back into the Gulf of Mexico. Credit: Carl Moore 

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Rodents are the workhorses of biomedical labs. So it’s important to know if they’re stressed out, which could affect results. Now we know that lab rodents may be regularly exposed to a big stressor: men.

Researchers noticed that mice showed a lower pain response—a sign of stress—when a human was present. So they put mice and rats into clear cubicles, where their faces were visible, and injected them with an irritant. The rodents expressed pain through grimacing when no humans were nearby. But when confronted with a male researcher, or even just his odoriferous T-shirt, the animals grimaced less.

 

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The Washington region has gotten plenty of support from politicians and venture capitalists, but now an unlikely source is considering getting into the action.

Boston Properties President Douglas Linde said he believes there's room for D.C. to compete on a level with Silicon Valley, Cambridge and New York and that his publicly traded real estate investment trust could play a role in that emergence. The region is already home to federal drivers in the field, including the Department of Homeland Security and U.S. Cyber Command, but Linde said the question will be whether those agencies can help drive the tech sector in the District itself.

Image: Courtesy Boston Properties Boston Properties President Douglas Linde said he believes there is potential for D.C. to establish itself as a tech hub. 

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Historically in the U.S., about one new business has been formed every minute, while another shutters its doors every 80 seconds. This life cycle of birth and death – referred to as business dynamism – is a key driver of innovation and to overall economic growth, giving rise to the great “gales of creative destruction” that the economist Joseph Schumpeter identified as the motor of force of capitalism.

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A friend recently asked me to look over his cover letter for a job he really hoped to get. When I looked it over, the letter was professional and grammatically clean — and totally, utterly boring.

My friend began by introducing himself the same way everyone introduces themselves in a cover letter. He then went through his experience the same way everyone goes through their experience. In summary, his cover letter was exactly like everyone else’s.

Image: FLICKR, THOMAS LEUTHARD 

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Until recently, Kunming, capital of China’s southwestern Yunnan province, was known mostly for its palm trees, its blue skies, its laid-back vibe, and a steady stream of foreign backpackers bound for nearby mountains and scenic gorges. But Kunming’s reputation as a provincial backwater is rapidly changing. On a plot of land on the outskirts of the city—wilderness 10 years ago, and today home to a genomic research facility—scientists have performed a provocative experiment. They have created a pair of macaque monkeys with precise genetic mutations.

Image: http://www.technologyreview.com 

The Statistical Argument For Customer Advocacy

You may or may not have heard of the term “customer advocacy.” This is defined as a specialized form of customer service where companies focus on “what is best for their customers.” It seems like to should always be that way, right? Unfortunately, all too often that is not the way customer service is performed but rather the company’s own interests are priority over the customer.

Image: http://smallbiztrends.com 

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WASHINGTON, 5 May 2014. NASA officials have selected 383 research and technology proposals, from 257 U.S. small businesses and 29 research institutions, for negotiations that could lead to contracts worth a combined $47.6 million under NASA's Small Business Innovation Research Program (SBIR) and Small Business Technology Transfer (STTR) Program.

"SBIR and STTR projects are at the foundation of America's future in space and aeronautics," says Michael Gazarik, associate administrator for Space Technology at NASA Headquarters in Washington. "Innovative ideas explored by our partners in industry and the broader U.S. research community help NASA execute our missions and bring new American products and services to the global technology marketplace. These job-creating NASA investments fuel the innovation engine these small businesses provide to our economy."

Image: nasa.gov

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The winning entry in the Shell Eco-Marathon Americas, a competition that challenges undergrads and high schoolers to build fuel-efficient vehicles, got an amazing 2,884 mpg.

If you're feeling down about the state of the environment, there are few things more heartening than to check out the winners of the annualShell Eco-Marathon Americas. The competition challenges teams of high school and college students to build incredibly energy-efficient vehicles that are powered by everything from gasoline and fuel cells to electricity and solar power.

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In the TV series Star Trek, Captain Kirk has a handheld device called a tricorder that can immediately assess a patient's condition and diagnose disease. This is 300 years in the future.

In real life, technology is advancing so rapidly that within a decade, Kirk's tricorder will look primitive. Just as our bathroom scales give us instant readings of our weight, our smartphone tricorders will monitor our health and warn us when we are about to get sick. Our doctors—or their artificial intelligence replacements—will prescribe medicines or lifestyle changes based on our full medical history and genetic composition.

 

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Coral reefs that may be resistant to climate change (via CORDIS): Coral reef ecosystems, some of the most valuable ecosystems on the planet, are often considered highly vulnerable to the impacts of climate change. However the seemingly delicate beauty of corals may be misleading - a new study recently published in Science magazine has identified coral populations that may be resistant to climate change. Researchers focused on a population of the table-top coral Acropora hyacinthus in American Samoa. Quality validation date: 2014-04-30 (T:@innovationunion)

 

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Mark your calendars: the high-profile tech incubator Y Combinator holds its Demo Day in August. Even though its alumni include runaway tech successes AirBnB and Dropbox, much of the scrutiny will land on the handful of biotechnology companies that, for the first time, Y Combinator is admitting to its program for the upcoming summer session.

 

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Atoms of a new super-heavy element — the as-yet-unnamed element 117 — have reportedly been created by scientists in Germany, moving it closer to being officially recognized as part of the standard periodic table.   Researchers at the GSI Helmholtz Center for Heavy Ion Research, an accelerator laboratory located in Darmstadt, Germany, say they have created and observed several atoms of element 117, which is temporarily named ununseptium.

Image: Element 117, first discovered by Lawrence Livermore researchers and Russian collaborators, has been reproduced by an international consortium. (Image: Lawrence Livermore National Laboratory) 

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It may happen in careful, tiptoeing steps, but a local equity crowdfunding platform is maturing.

On Wednesday, New York-based Return on Change revealed that a cleantech startup, Geostellar, used its website to close a $1 million round. It is the first company using Return on Change to break seven figures in one campaign, giving some credence, Return on Change CEO and founder Sang Lee says, to equity crowdfunding as a way for sophisticated startups and investors to do deals.

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Once your new business is established, it's time to start marketing your services to potential clients. After all, if your consulting service has no clients, then you have no business. But you must remember that selling your consulting services isn't the same as selling a car or a house -- your job is harder because you're marketing your services to people who may not even be aware they need those services.

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Most startups are happy to find any customer, and will hang on for dear life to every one. Only later do they realize that some of these cost more than they are worth, or lead into commitments they can’t sustain, but no business wants to violate the golden rule that every customer needs to be treated as if they were the only customer.

 

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China’s advancing economy is changing global trade flows in Asia and beyond. In this interview with McKinsey’s Rik Kirkland, Ray Bingham explains the implications, drawing on his experience as chairman of Flextronics International, advisory director of private-equity firm General Atlantic, and board member of companies including Oracle and Cadence Design Systems. An edited transcript of Bingham’s remarks follows.

 

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The sensor that lets your phone know which way the screen is oriented also—thanks to minute manufacturing variations—emits a unique data “fingerprint” that could allow your phone to be tracked, even if all other privacy settings are locked down, researchers say.

Image: http://www.technologyreview.com - Unique imperfections: A micrograph of a MEMS accelerometer. 

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Ocean acidification — a phenomenon in which the world's oceans have become more acidic as they absorb higher levels of carbon dioxide from the atmosphere — is eating away at tiny marine snails, causing the shells of these so-called pteropods to dissolve, according to a new study.

Image: This marine snail's shell is showing signs of damage. Credit: NOAA 

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Cisco thinks that as many as 50 billion devices will be connected to the Internet by 2020.

To put that in perspective, that’s nine devices for every one of the eight billion people expected to be on the planet. Your phone, the fitness device on your wrist, your doorbell, the thermostat in your hallway, the smart TV in your living room, the car in the driveway, the Amazon package at your doorstep, and even your family pet — all connected to the world and beaming data home.

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Not sure why, but over the last few years, quite a few people I know took on EIR roles at various VC firms in both the East Coast and in Silicon Valley.  Overall, there are positives and negatives to being an EIR.  The positives are kind of obvious:

  • A reasonable paycheck to work off of while you think through your next company 
  • Exposure to a large data set of portfolio companies and companies that a VC reviews 
  • Expansion of one’s network through the network of the VC 
  • Usually few official “strings” attached to the VC aside from an implicit or explicit expectation that the firm get a “first look” at a company that is started during this time. 
  • Exposure to the venture capital process and a behind-the-scenes look to how VC’s work and evaluate deals

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Last year investments in big data dominated health IT deals as 112 deals attracted $712 million in investments, according to a new report by StartUp Health assessing digital health investment trends in 2013 and the start of this year. But in a trend that’s likely to continue this year, sectors that saw the most growth tended to fall into one of two areas. Patient engagement had a 410 percent boost in deal flow, followed by sensors and vital-sign monitoring which showed a 243 percent rise.

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Bangalore-based healthcare-focused incubator InnAccel is floating a venture capital fund to provide early-stage capital to startups operating in the medical technology space, a top executive of InnAccel told Techcirle.in.

InnAccel, which will incubate five-six startups in this year, is looking to raise the fund by mid-2015.

 

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Within fast growing companies like tech startups, the need for additional manpower can arise at a moment’s notice. This makes the traditional interview process somewhat challenging, and many innovative companies opt for a style of interviewing that enables them to quickly assess whether there is a mutual fit — a practice that is valuable for both the company and the candidate in the long-run.

Image Courtesy of khunaspix / FreeDigitalPhotos.net

15 startups graduate from DreamIt Ventures’ NYC summer class | VentureBeat

During the years that billionaire Michael Bloomberg served as New York's mayor, tech companies were sure they had a friend in City Hall.

The aggressively pro-business entrepreneur-turned-politician came into office shortly after the dotcom collapse of the 1990s and served as mayor from 2002 to 2013--which, as it happens, are the years New York City became (distant) second only to the Bay Area in terms of tech innovation. Bloomberg built a city office dedicated to growing the tech industry and gladly served as cheerleader for the city's tech sector.

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“Innovation” is one of those words that, through casual overuse, has come to signify a wide array of distinct concepts – in some sense, the word is literally losing definition, like an out-of-focus photograph that manages to become blurrier every time you look at it. These days, anytime anyone does something vaguely new, or a new feature gets added to some gadget or other, the innovation word gets flung about. Indeed, the word is used with the same reckless abandon as those other favourites of jargon-loving MBA types, “solutions” and “disruption”, rendering it increasingly meaningless.

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SANTA CLARA, Calif., April 28, 2014 /PRNewswire/ -- Nearly eight in ten executives in the global innovation sector plan to grow their workforce in 2014, and more than nine in 10 say it is a challenge to find the talent they need to do so, according to a study released today by Silicon Valley Bank, the premier financial partner to technology, life science and cleantech companies and their investors worldwide.

These findings, highlighted in the 2014 Innovation Economy Outlook study, are based on Silicon Valley Bank's annual survey of more than 1,200 executives from software, hardware, cleantech and life science/healthcare companies in startup and growth stages of business in the US, UK and other global innovation hubs. In addition to the high rate of anticipated job creation, the study also reveals pervasive optimism, intent to access international markets for sales, and a struggle to obtain equity capital by some of the most innovative, high-growth companies in the world.

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How Do Tornadoes Form Scientific American

Every year tornadoes rip through the U.S. Midwest, leaving death, injury and billions of dollars of damage in their wake. Where do these twisters come from, and just how nasty can they get? Scientific American editor Mark Fischetti reports.

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The Center for Innovative Technology GAP Funds cemented its mantle as one of the region’s most active early-stage investment groups earlier this month when the number of companies in its portfolio surpassed 100.

That marks a rapid pace of investment for any organization that’s not even a decade old, but it’s particularly notable since a majority of those deals have come in just the past four years.

Image: Jeffrey MacMillan/Jeffrey MacMillan - Center for Innovative Technology Managing Director Tom Weithman, third from right, with his staff at the center’s GAP Funds, which invests in early-stage companies in Virginia. 

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A British exit from the European Union could wreck London's position as the only financial centre to rival New York and isolate the country's economy, research ordered by a lobby group for banks and money managers showed.

Prime Minister David Cameron has promised to renegotiate the terms of Britain's EU membership and hold an "in-out" referendum by the end of 2017 if his Conservatives win a 2015 national election.

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The process for fostering entrepreneurship has been sought after for decades, if not millenniums. Entrepreneurship has sprouted, seemingly randomly, in communities all over the world and brought with it strong economic growth that is long lasting. So it is logical that many leaders in governments, institutions, universities, and even entrepreneurship are trying to model that success by setting up programs that were thought to lead to mass entrepreneurial success…yet their level of success rarely replicates the former. So then what is the answer and why has it been so difficult to replicate?

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Germany is renowned for its economic prowess and its resilient Mittelstand amidst the instability of post-recession Europe. But while the country has a relatively low overall unemployment rate at 5.5%, the number goes up to 7.7% for those under the age of 25.

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Business Acceleration Program MaRS

The Business Acceleration Program (BAP) includes a suite of programs and services designed to strengthen and accelerate the growth of Ontario’s high-potential technology companies and entrepreneurs. Delivered through a network of Regional Innovation Centre (RIC) partners in the Ontario Network of Entrepreneurs (ONE), BAP equips Ontario’s innovation entrepreneurs with the skills they need to move successfully into the global marketplace through programs and services such as:

 

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HOUSTON – (April 14, 2014) – The 2014 Rice Business Plan Competition (RBPC) awarded nearly $2.9 million in cash and prizes in a record number of prizes this weekend at Rice University. Medical Adhesive Revolution of RWTH Aachen University, Germany, who developed a high-strength biodegradable surgical adhesive that can be used inside the human body to seal wounds within seconds, emerged as the top startup company winning $507,500 in the world's richest and largest student startup competition held April 10-12. This is the first time an international team has won the completion and the first time two international teams finished in the top six.

BetaGlide, from the Indian Institute of Technology, Kharagur, India was awarded $1 million investment prize from the Mercury Fund. The announcement was a surprise for the team and the 800 attendees at the banquet. BetaGlide developed a one-stop destination for mobile app developers to create better and efficient apps in an intelligent way.

 

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After a teenage stowaway flew from California to Hawaii hidden in the wheel well of an airplane this week, investigators immediately began to wonder how he had survived the freezing temperatures and low-oxygen conditions of the unpressurized compartment.

The latest theory is that he fell into a state of hibernation – an entirely plausible scenario, if you ask me.

Image: The fat-tailed dwarf lemur (Cheirogaleus medius) is the only known primate hibernator and can only be found on the island of Madagascar (Credit: David Haring, Duke Lemur Center) 

An eighth-grader in Georgia uses an iPad to complete work in her Spanish class on May 9, 2013.IMAGE: JOHN BAZEMORE/ASSOCIATED PRESS

It's easy to look at kids in school today and think they have it easier than we did.

They get to use iPads instead of three-ring binders, Wikipedia instead of a dusty encyclopedia CD-ROMs and their classrooms are more connected than ours ever were. But while new tech makes learning a more enriching experience, it also makes it a lot harder to slack off.

Image: An eighth-grader in Georgia uses an iPad to complete work in her Spanish class on May 9, 2013.IMAGE: JOHN BAZEMORE/ASSOCIATED PRESS

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Researchers have demonstrated a new way to restore lost hearing: with a cochlear implant that helps the auditory nerve regenerate by delivering gene therapy.

The researchers behind the work are investigating whether electrode-triggered gene therapy could improve other machine-body connections—for example, the deep-brain stimulation probes that are used to treat Parkinson’s disease, or retinal prosthetics.

Image: http://www.technologyreview.com - Growth factor: The cochlear nerve regenerates after gene therapy (top) versus the untreated cochlea from the same animal (bottom). 

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Mutual fund funds are backing Silicon Valley startups at a record clip, and while investors in these funds should be alert to the risks, this is a development that the venture industry looked to encourage five years ago.

Four mutual-fund firms alone — BlackRock, Fidelity Investments, Janus Capital Group and T. Rowe Price Group —  have backed 13 private companies so far this year after doing 16 such deals last year, The Wall Street Journal reports. They did nine in 2012 and six in 2011, WSJ said, citing data from CB Insights, which tracks venture capital investments.

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We all know the story of mobility’s meteoric rise in the last several years. From flip-phones to smartphones to an expanding galaxy of different connected screens and devices, we can safely say that access to the world’s information on-demand will be part of our lives now, and for the foreseeable future. We’re at the end of the beginning.

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Bitcoin, virtual currency, has awesome potential. It’s used by people to buy and sell all over the world. It’s great, however, it’s fraught with problems. One of the biggest Bitcoin exchanges Mt. Gox, shut down, and U.S. regulators are still figuring out how to deal with Bitcoin. I could go on but my advice for small business owners is not to jump on every wagon that comes by, filled with new technology that’s not matured and that hasn’t been proven by the market – especially if you have a lot to lose. Brent Leary spoke about this on an episode of The 3TechGuys Show.

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SCOTTSDALE, Ariz. -- As the billion-dollar education technology industry holds what has become its primary gathering here this week, the onus is on vendors to show they can produce not only profits, but also improved outcomes. The rise of the Education Innovation Summit, organized by Arizona State University and the investment firm GSV Advisors, has in some ways mirrored the ed-tech boom of the last few years. When the conference was established in 2009, it drew about 300 entrepreneurs and investors, but the event soon outgrew ASU’s Scottsdale Innovation Center.

Image: http://www.insidehighered.com 

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GE (NYSE:GE) and partners today announced the winners of two global open innovation challenges, the Industrial Internet Flight Quest 2 and 3D Printing Production Quest. Through open innovation leaders Kaggle and NineSigma, the Quests challenged data scientists, academia, start-ups and established businesses worldwide to use analytics and advanced manufacturing processes to find ways to increase efficiency for airlines and healthcare customers.

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Akamai released data Wednesday detailing a plethora of attacks against its clients as well as the increase in broadband speeds seen around the world. Its quarterly State of the Internet report for the fourth quarter of 2013 is chock-full of data about broadband speeds, IPv6 deployment and new types of website attacks.

According to the report, the fourth quarter of 2013 saw a rise in the number of denial of service attacks. Akamai also drew attention to an attack seen in early January. It gave a detailed explanation of a type of attack where hackers used vulnerability scanners that are normally used by site owners to scan for problems in their sites, to probe for weaknesses in websites ahead of a suspected attack.

Image: http://gigaom.com  - Akamai

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Researchers have found structural changes in the brains of marijuana smokers ages 18 to 25. The severity of the changes is linked with the amount of drug use, but even casual pot smokers experienced some effect. The changes, scientists believe, lead to enhanced sensations of pleasure and reward from the effect of the drug.

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KUALA LUMPUR: The government through the Malaysian Global Innovation and Creative Centre (MaGIC) has created nine programmes to brush up the entrepreneurial skills among youth, said Finance Ministry Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah.

He said these programmes were aimed at creating the culture of entrepreneurship among the group since they are young until they grow up and develop matured companies.

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The computer is one of the most complex machines ever devised and most of us only ever interact with its simplest features. For each keystroke and web-click, thousands of instructions must be communicated in diverse machine languages and millions of calculations computed.

Mark Hill knows more about the inner workings of computer hardware than most. As Amdahl Professor of Computer Science at the University of Wisconsin, he studies the way computers transform 0s and 1s into social networks or eBay purchases, following the chain reaction from personal computer to processor to network hub to cloud and back again.

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Dear sales managers,

It’s time to face the music. Your business development reps (BDRs) / sales reps may respect you, they may work hard for you, but they also likely have a couple questions for you that they are never going to verbalize. These are your ‘blind spots’, and trust me — you do have them.

Image: http://blog.openviewpartners.com/ 

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Quality Score is a metric Google uses to determine your page ranking and how much you pay per click in a particular Google AdWords campaign.

Quality Scores are essentially a measure of relevance; more relevant ads, campaigns, and landing pages have higher clickthrough rates (CTRs), which raises your Quality Score.

image: http://www.freedigitalphotos.net 

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CrowdFund Productions, a Colorado based crowdfunding and event management company, recently completed its research titled “Crowdfunding for Wearable Technology.”

The industry, which includes activity tracking, health monitoring devices, smart textile, virtual reality hardware, wearable computers and hands-free communicators, already has reached billions of dollars in sales and continues to rapidly grow.

 

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The S.C. Small Business Chamber of Commerce launched its private placement investing portal this week, which allows accredited investors to look for investing opportunities within the state.

The private placement investing portal is aimed at connecting accredited investors to business projects from entrepreneurs, small business and nonprofits that are seeking investors, private loans and other forms of capital.

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Human adults attribute character traits to faces readily and with high consensus. In two experiments investigating the development of face-to-trait inference, adults and children ages 3 through 10 attributed trustworthiness, dominance, and competence to pairs of faces. In Experiment 1, the attributions of 3- to 4-year-olds converged with those of adults, and 5- to 6-year-olds’ attributions were at adult levels of consistency. Children ages 3 and above consistently attributed the basic mean/nice evaluation not only to faces varying in trustworthiness (Experiment 1) but also to faces varying in dominance and competence (Experiment 2). This research suggests that the predisposition to judge others using scant facial information appears in adultlike forms early in childhood and does not require prolonged social experience.

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"HOMING FROM WORK", OR TAKING CARE OF PERSONAL NEEDS DURING THE WORKDAY, CONTRIBUTES TO AN IMPROVED WORK-LIFE BALANCE FOR MANY BUSY PROFESSIONALS. SO, IS IT TIME FOR YOU TO START LEAVING WORK TO RUN ERRANDS?

BY RACHEL GILLETT

We’ve all heard about the advantages of working from home, from being the boss of your schedule to taking the time to run personal errands. But what if you were able to achieve this while working in an office environment?

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From typos to grammatical errors, coffee stains and outdated material, resume blunders are a common occurrence, says career coach Ford Myers. But some can be deadly.

“If you hope to compete in today’s job market your resume can’t be good, it needs to be exceptional,” says Myers, author of Get the Job You Want, Even When No One’s Hiring (Wiley, 2009).

 

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The world’s 100 most endangered and unique birds have been ranked in a newly published study, and the list includes a corpse-eater with legendary skills of decapitation, a shameless self-inflator, and the world’s heftiest parrot. Conducted by a team from Yale University, Simon Fraser University, and the Zoological Society of London, the study analyses where the 9,993 recognised species of birds in the world live; how many relatives they have (very few means better evolutionary distinctness); and how at risk they are in their environment.

Image: Left: New Caledonian owlet-nightjar Right: Giant ibis. Credit: L: Joseph Smit R: Henrik Grönvold 

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You can frequently make groundbreaking innovations simply by dividing a product into “chunks” to create many smaller versions of it. These smaller versions still function like the original product, but their reduced size delivers benefits that users wouldn’t get with the larger, “parent” product. This is one of three approaches of the Division Technique called “Preserving Division.”

Image: http://www.innovationinpractice.com 

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SAN MATEO, Calif. — Entrepreneurs and investors say Silicon Valley’s fast-growing financial ties with Russia’s tech sector are being slowed down by current political tensions between the White House and the Kremlin.

“It’s safe to say a lot of investors here are taking a step back to see how the situation will unfold,” said Alexandra Johnson, who manages a $100 million venture fund called DFJ VTP Aurora, a Menlo Park, Calif., branch of Russian bank VTB.

Image Courtesy of James Barker / FreeDigitalPhotos.net

Samsung Announces $100m Fund to Inspire Gadget Breakthroughs | MIT Technology Review

Frost & Sullivan ICT Consultant Lawrence Lundy comments on Samsung’s latest flagship Galaxy smartphone and their struggle to differentiate in the market.

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While the Galaxy S5 is an evolutionary product, there is not enough in there to make people upgrade from the 4. It doesn't push the envelope in any real way; we are in a sort of statis now when it comes to smartphone innovation. We are going to see sustaining improvements as the market reaches maturity. That is not to say that smartphone innovation is finished, but much of the innovation is going to come from the introduction of sensors into the phone, and the improvements in software, and how the phone will interact with the range of wearable devices.

 

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There's probably no other country as innovative as the United States. At least that's the trope. But recent statistics from the U.S. Patent Office and new independent surveys suggest much of America's innovation is not home-grown: Many of the country's best and brightest ideas come from non-citizens.

"There's the idea of the American melting pot, everything and everyone comes here," says Vivek Wadhwa, an entrepreneur and researcher of public policy at Stanford Law School. "When we combine this with entrepreneurship and the American Dream, world-changing ideas come from America."

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Arirang News Science and technology should play essential role in creative economy President Park

President Park Geun-hye says Korea's science and technology sector should play an essential role in realizing her vision for a creative economy. The president told her science and technology advisers on Thursday that she hopes government-funded research institutes will work side-by-side with the country's small- and mid-sized venture firms to better commercialize their joint technology.

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Grand Challenges Canada, funded by the Government of Canada, today announced $100,000 seed grants to enable seven innovators from Peru to pursue promising bold ideas to help address pressing health issues in Peru. Announced during the State Visit to Canada of His Excellency Ollanta Humala Tasso, President of the Republic of Peru, the projects involve innovative approaches to maternal, newborn and child health-related issues - a major global priority of the Government of Canada - such as tuberculosis, pneumonia, sanitation and food security, as well as HIV and diabetes. The projects will create:

 

Decrypting The Secrets of Business Triumph INSEAD Knowledge

Business practitioners study them, students debate them and companies examine them. The most-popular case studies of the last 40 years show some timeless business challenges and how to overcome them.

As in novels and thrillers, so in case studies – each have their best-sellers. In the past 40 years, six of the top ten most-read cases were written by INSEAD professors, according to The Case Centre. The examples of the business dilemmas within transcend the tests of time. In February, INSEAD assembled a panel of the authors of four of these most-read cases, to discuss what makes a great case that is still relevant and important in the early 21st century:

Image: http://knowledge.insead.edu 

Incredible Technology: Who's Using Your Online Data | LiveScience

Whenever I meet a startup, I always ask what subjects they studied in school. The range is as wide as the roles in our tech sector, but one subject dominates: math.

Given the weakness in the school curriculum on computing and coding, it’s not surprising that so many of our young tech entrepreneurs did programming as a hobby but had a strong tendency towards math in school.

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A bill intended to take a bite out of what some call frivolous patent lawsuits is currently tied up in the Senate Judiciary Committee. Now, reported friction at the bargaining table—and the rise of new opposition—could stop it entirely.

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Nathaniel Bagnell, 25, ditched a solid, high-paying job as a computer programmer last year to co-found a business analytics company. A few floors down, in a Toronto startup building humming with activity, Klever Freire, 30, has also quit his day job, at Bombardier Aerospace, in favour of launching his own company that makes flying robots.

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These days, technology start-ups want more than just a check from venture capital backers and other investors. They are increasingly looking for operational help and industry expertise as well, a recent survey of Wharton alumni in the San Francisco area shows.

In a marked departure from the dot-com era of the 1990s, these companies also put more value on market know-how and connections over snagging a high valuation or a venture capitalist with a marquee name, according to a November 2013 survey of 126 mostly senior tech executives or managers who work at young companies.

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When your home computer is hacked, the things at risk are your identity, finances and other digital assets. A cyber attack that can take control of your car—especially while you’re driving—raises the stakes considerably. As carmakers transform their vehicles into networked computers on wheels, concern has grown about hacker attacks on automobile systems and the seriousness of the threat.

Image: At this week’s Symposium on Security for Asia Network (SyScan) in Singapore, security engineers Charlie Miller and Chris Valasek will highlight how fellow car hackers can research automotive electronic control units (ECUs) without needing to buy and dismantle a car. The researchers have even rigged a go-cart rigged with ECUs for testing purposes. The vehicle pictured has rearview camera, satellite radio, Bluetooth, GPS navigation and power steering. Image courtesy of Charlie Miller. 

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Creativity and innovation are not sufficiently integrated in either the business world or academic research, according to a new study by Rice University, the University of Edinburgh and Brunel University.

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Why it Pays to be Adaptable Tips to Future Proof Your Career INFOGRAPHIC Official LinkedIn Blog

You see your dream job posted on LinkedIn. Unfortunately, it’s located halfway around the world and it’s just not the right time to make a big move.

You have all the right skills for a challenging opportunity, but it’s in an industry you have little knowledge of which makes you nervous about applying.

A role opens up at your current workplace in a different department – you’re really interested but you just don’t have time to speak to HR.

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Upon beginning in business, we are told, “You have to follow this system, or you will not be successful.” The larger picture certainly needs to be understood in order to successfully move forward from your starting point. But, it is when we are able to craft that process into almost an art form that recognition and reward come our way.

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In a two-story building in an industrial district of Cambridge, Massachusetts, Ara Knaian shows off prototypes of what could be the industry’s first completely modular smartphone.

On workbenches sit prototypes of memory modules, battery modules, and processor modules, all designed to slide easily in and out of an aluminum smartphone “endoskeleton.” A prototype infrared imaging lens module for night photography would protrude about a half-inch from the device. Another module would let you read your blood oxygen levels with a swipe of your finger.

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A less-invasive brain diagnostic test, a surface so slippery bacteria can’t stick to it, and a low-cost mylar wrap to help warm babies’ heads after surgery were three of the projects on display at Boston Children’s Hospital’s first-ever Innovators Showcase Friday.

The event is part of a larger push by Chief Innovation Officer Naomi Fried’s office to seek out innovators across the organization, support them with advice and sometimes money, and help guide them towards commercialization.

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Unless you’ve got one of those BMW scooters from a few years back, chances are the closest you’re going to come to a windscreen while traveling on two wheels is your helmet.

As long as the safety of the rider isn’t compromised, it’s also the most natural place to put any serious motorbike tech. Thankfully, the people trying to cram as much tech as possible into helmets seem to have figured this out.

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To Neil H. Shubin’s long résumé — paleontologist, molecular biologist, dean and professor of anatomy at the University of Chicago School of Medicine, best-selling author — can now be added “television host.” Dr. Shubin, 53, who helped discover the 375-million-year-old fish called Tiktaalik, hailed as a missing link between sea and land animals, will preside over “Your Inner Fish,” a three-part series on evolution (based on his book of the same title) that makes its debut Wednesday on PBS.

Image: Neil H. Shubin next to a model of Tiktaalik, a 375-million-year-old fish that was hailed as a missing link between sea and land animals. Credit Nathan Weber for The New York Times 

Great White Shark

A team of scientists have unmasked the intricacies of how sharks hunt prey — from the first whiff to the final chomp —in a new study about shark senses that was supported by the National Science Foundation and published in the peer-reviewed journal PLOS ONE.

The study, led by scientists from the University of South Florida, Mote Marine Laboratory and Boston University, is the first to show how vision, touch, smell and other senses combine to guide a detailed series of animal behaviors from start to finish. Results show that sharks with different lifestyles may favor different senses, and they can sometimes switch when their preferred senses are blocked. That’s hopeful news for sharks trying to find food in changing and sometimes degraded environments.

 

Mark Suster

Reference calls. We all have to make them. Whether you’re considering hiring a new employee or as an investor whether you’re looking to do a background check on the founders of a company.

Here are some pointers that I’ve learned over the years:

1. Ask for at least 5 references

As your candidate for at least 5 references. You specifically want to ask for people who have directly worked with the person before. I like to get a mix of people who have reported to the candidate, whom the candidate has reported to (2x) and peers.

 

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When manufacturers of cardboard boxes, wire bagel baskets and other products said they needed workers with technological expertise and strong social skills, Maryland officials agreed to set up manufacturing boot camps for recruits.

The eight-week sessions will train and test potential workers in financial literacy and anger management as well as in computer-assisted design and robotics. In the past, Maryland’s job training programs prepared participants for broad categories of jobs, with limited success. Now the state is bringing together business and industry, colleges and local and state agencies in partnerships to create training programs for skills that employers actually need.

Image: Unemployed electrician Stan Osnowitz, 67, sits in his Baltimore living room. Faced with shrinking labor force participation rates, Maryland and at least 16 other states are implementing new job training measures this year. (AP) 

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Today, I wanted to write about something that I’ve been thinking about for a long time, but haven’t had a chance to discuss with anybody outside of my “inner circle.”

I want to talk to you about how I’ve learned to balance the increasing demands of my career — writing, consulting, building products, flying places, etc — with the real life responsibilities involved in maintaining a happy long-term romantic relationship.

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Businesses often prefer using the services of independent contractors (sometimes also called “subcontractors” or “freelancers”) rather than employees.

Independent contractors are usually a better deal for businesses.  With independent contractors, businesses do not have to pay the required employer contributions to Social Security and Medicare, the burden of which is shifted to the independent contractor through the so-called “self-employment” tax.  Businesses also do not have to worry about tax withholdings—that is the independent contractor’s responsibility too.  By using independent contractors instead of employees, businesses can often avoid workers’ compensation and unemployment insurance requirements for those individuals, as well other labor law requirements such as mandatory lunch breaks.

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The first edition of tech festival Techsylvania will be held from May 31 to June 2 in Cluj-Napoca, a city which is quickly gaining a reputation of being one of the most dynamic IT ecosystems in Europe.

Organizers say they’ve invited central and eastern foremost creative minds, technologists and innovators.

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As a freelance writer, I spend the majority of my working time in my home office. While zero commuting hours, the ability to work in my pajamas, and flexibility over my schedule sound like a dream; working from home also has its challenges.

Topping the list are distractions of home life and limited social interactions. With a third of full-time workers blending their home and work life, I conducted my own informal survey of home office workers to find out what they do to make working from home successful. Here are some of their best tips:

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This summer, thousands of students and young professionals will be on the lookout for a coveted summer internship. In today’s cutthroat job market, internships are the new way to land a job and secure an entry-level position before the competition.

While you may be part of the 97% of employers who plan to hire interns this year, I implore you to seriously consider everything that goes into a valuable internship program.

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Over the last three years, an anonymous artist has wandered around the streets of New York finding random pieces of trash and turning them into something useful. A scrap of wood, tucked into the curve of a U-shaped bike rack, became a temporary folding chair. Bottle holders from abandoned bikes, attached to the sides of a trashcan, transformed into mini-recycling bins. An old ball tied to a signpost became a game. In total, the artist has created 23 of these interventions so far in a project called Rotten Apple.

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Health technology is advancing so rapidly that within a decade the small handheld medical reader used by Dr. Leonard McCoy in Star Trek — the tricorder — will look primitive.

We are moving into an era of data-driven, crowdsourced, participatory, genomics-based medicine. Just as our bathroom scales give us instant readings of our weight, wearable devices will monitor our health and warn us when we are about to get sick. Our doctors — or their artificial intelligence replacements — will prescribe medicines or lifestyle changes based on our full medical history, holistic self, and genetic composition.

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When we think of leadership, we often focus on the what: external characteristics, practices, behavior, and actions that exemplary leaders demonstrate as they take on complex and unprecedented challenges. While this line of thinking is a great place to start, we won’t reach our potential as leaders by looking only at what is visible. We need to see what’s underneath to understand how remarkable leaders lead—and that begins with mind-sets.

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From Lost Animals: Extinction and the Photographic Record, by Errol Fuller. Princeton University Press, 2014. Copyright 2013 © Errol Fuller

We tend to think of extinction as a silent process, occurring somewhere far, far away and long, long ago, but the unfocused, unstructured, sepia and black-and-white photographs collected in Lost Animals force us to acknowledge the loss. These animals survived for thousands of years, long enough to enter the photographic age and to be captured on film. The photos bring these lost species close enough to touch—almost, but not quite!

 

Thomson Reuters Corporation Venture Backed IPO Exit Activity Maintains Momentum

New York- Thirty-six venture-backed initial public offerings (IPOs) raised $3.3 billion during the first quarter of 2014, a 50 percent increase, by number of new listings, compared to the previous quarter, according to the Exit Poll report by Thomson Reuters and the National Venture Capital Association (NVCA). This quarter, which marks the fourth consecutive quarter to see 20 or more venture-backed IPOs, is the strongest three-month period for new listings since the third quarter of 2000. For the first quarter of 2014, 105 venture-backed M&A deals were reported, 29 of which had an aggregate deal value of $7.5 billion. This represents a 12 percent increase in disclosed value from the fourth quarter of last year and marks the strongest quarter for M&A disclosed value since the third quarter of 2012. Average deal size during the first quarter totaled $259.2 million, the highest average deal size since the first quarter of 2004.

 

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Disruptive ideas don't always have to come from top-secret Pentagon research labs or fashionable Silicon Valley start-ups. Everyday, people from all walks of life possessed of unique skills just waiting to emerge are ready and willing to step outside of their routine and contribute to the betterment of humanity. That's what incentivized prize competitions are all about – democratizing innovation in America, drawing on the talent and ingenuity that the more traditional levers of Washington contracts and even venture capital networks can't tap, simply because they don't know it's there.

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“Criticism may be based on opinion, but that’s what makes it valuable. It gives us a taste of why people will eventually love or hate our work.”

This is Katie Dill, Airbnb's Head of Experience Design. Previously, she helped founders shape products and UX at Greenstart, and ascended from analyst to creative director at Frog Design. She also teaches graduate industrial design classes at CCA. Needless to say, she’s been on the giving and receiving end of design and product feedback countless times — but she thinks the process could almost always be much better.

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Rebecca O. Bagley

The ability to innovate is a driver of productivity, competitiveness and prosperity. Innovation requires entrepreneurs to rethink and adopt new approaches to their businesses, and embracing new technologies and manufacturing opportunities can distinguish you from your competitors.

But what are some powerful tech trends that can drive company success? What should you pay attention to?

 

Wikipedia: Steve Jobs and Bill Gates in 2007

Every entrepreneur and business leader waits too long before really working on the legacy that he wants to leave to society and his family. They realize too late that they don’t really want to be remembered for how many hours they spent on airplanes, how many emails they produced, or even how much money they made for the business.

If you disappeared today, what would your legacy show? What have you done for others? If you are not thinking in these terms, you may be making a mistake as a leader. Bill Gates will probably be more remembered in fifty years for the his efforts and Foundation to save lives in developing countries, than Steve Jobs for his “insanely great” consumer technology advances.

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After serving as a magnet in Kendall Square for hundreds of tech upstarts and Web giants such as Facebook Inc. and Amazon.com Inc., the Cambridge Innovation Center is opening a major outpost in Boston’s Financial District with enough space for about 300 startups.

The center, which gives young companies access to amenities such as copiers, kitchens, and conference rooms, has signed a lease to take over five floors at 50 Milk St., a part of town that has traditionally hosted lawyers, bankers, and investment managers, but has recently seen an influx of tech newcomers such as PayPal and Isobar , a digital advertising company.

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Speaking at the HIMSS14 Annual Conference & Exhibition this Wednesday evening, Former Secretary of State Hillary Rodham Clinton did not disappoint.    Addressing a packed crowd of thousands of health IT professionals, Clinton underscored the importance of electronic health records, IT infrastructure and why the industry needs to ditch ideologies at the door for the sake of patient care.

 

Ecopreneurist A blog for and about eco and social entrepreneurs startups cleantech web 2 0 and disruptive business ideas

A revolutionary digital hearing aid, designed to fit invisibly in the ear, is being launched at an affordable price through a crowdfunding campaign that has a social component to it.

With millions of people around the world suffering from hearing loss, a surprisingly low number of them turn to using a hearing aid, which can successfully treat many hearing issues. Some of the reasons that consumers eschew hearing aids are the bulky size of the units, or their high cost (sometimes as much as $1000), or even the inconvenience of having to go to see a specialist to get evaluated and fitted for the devices.

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NIH SBIR/STTR Grants: Seed Funding for Biotech Development

The IPO wave kept rolling for venture-capital-backed biotech as two life science companies held their first trading day Friday, while another estimated a price range for its public debut and a fourth publicly filed its paperwork.

Reuters Shares of Aquinox Pharmaceuticals Inc. rose 8.6%, while Recro Pharma Inc.‘s stock rose 3.8%.

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Welcome back to Smart Bear Live … the show were Jason speaks with entrepreneurs looking to improve their businesses. In this episode, Jason talks to Edwin from MeetingKing.

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster.

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Of the nearly 4,000 delegates from 153 nations signed up for the Global Entrepreneurship Congress (GEC) next week in Moscow, a large number are traveling from Latin America. The region’s startup ecosystems are now firmly part of the global entrepreneurship grid and with such strong delegations expected from cities like Medellín, Santiago and Buenos Aires, it is clear they don’t want there to be any doubt around the world about it. 

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Speaking at the HIMSS14 Annual Conference & Exhibition this Wednesday evening, Former Secretary of State Hillary Rodham Clinton did not disappoint.    Addressing a packed crowd of thousands of health IT professionals, Clinton underscored the importance of electronic health records, IT infrastructure and why the industry needs to ditch ideologies at the door for the sake of patient care.

 

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How could this be: A 100-year-old government consulting firm that's always taken its marching orders from Uncle Sam, investing its own money in the big ideas of the underfunded?

It actually makes perfect sense, said Karen Dahut, Booz Allen's executive vice president who leads the company's strategic innovation group. And it's just one possibility that might come of the company's partnership with downtown technology startup hub 1776 announced Monday.

Image: Brett Wilhelm - Karen Dahut, Booz Allen Hamilton's executive vice president for the strategic innovation group, speaking during the company's Ideas Festival that rewards innovative ideas from the staff. The company announced a partnership with 1776 Monday, to tap the innovation coming from the D.C. startup community. 

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Referred to as “mentor financing”, business angels continue to make great contributions to startups. Last week, I talked with some of them in Washington, DC, about the latest trends in angel investor pools outside the United States. Encouraged by improving policy frameworks, I found that they are now spreading their wisdom and seed capital to new parts of the world.

I was the final speaker at the closing lunch for the world's largest gathering of angel investors for the 2014 Angel Capital Association Summit in Washington, DC. This offered me the chance to have the last word before the group spread their wings and went back to work. Participating in the Summit also offered me the chance to learn about the changing environment for this sector, as well as angel investors’ power to rapidly boost entrepreneurship ecosystems in two vital ways – funding and mentorship.

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Last year the California HealthCare Foundation (CHCF) put out a report on healthcare accelerator programs that we covered at the time. It is still the best summary of the health accelerator space. CHCF also created an infographic on how healthcare accelerators can maximize their value. The report focused on Rock Health, Startup Health, Blueprint Health, HealthBox, StartX Med, and TigerLabs.

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With graduation right around the corner — and the continued popularity of Sheryl Sandberg’s new book, Lean In – many young women are trying to figure out the right career path.

I asked five of the smartest and most successful women I know what they wished someone had whispered in their ear at graduation. Here are the top themes that emerged:

Image: UniversityParent.com CEO and founder Sarah Schupp started her business to provide better access to information for college parents. Courtesy of UniversityParent 

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For my first real job after graduate school, I earned $26,000 a year as a full-time reporter. It wasn’t a handsome salary — in fact, I could barely live on it — but I was getting paid to write. That’s more than I can say about how I spend much of my time these days. For the launch of my first book, Reinventing You, I spent six months writing scores of articles and blog posts for various outlets, and giving talks at universities, bookstores, and businesses — a great deal of it for free.

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SPECIAL REPORT / Video streaming devices, apps and infrastructure featured high in this year's edition of the Mobile World Congress as the sector is expected to exceed 80% of global internet traffic in the next few years. EurActiv reports from the Mobile World Congress in Barcelona.   The European Commission reckons that video streaming accounts for around half of the volume of data transfers across the Web, as the surging number of internet users access movies, music and TV online.

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In 2000, a World Education Forum in Dakar, Senegal, set six development goals to be realised by 2015, some more specific than others. These included:

Expanding and improving childcare and education; providing free, high quality and compulsory primary school education for all; ensuring equitable access to learning and life skills for children and young adults; a 50% improvement in adult literacy, especially for women; eliminating gender disparities in education by 2005 and achieving gender equality; by 2015;

 

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Simple step trackers are going the way of the dinosaur, as a new generation of fitness devices cram more sensors and smarts into smaller and smaller shapes. This next wave will track our movements in three dimensions—and that’s a crucial difference.

Why? Because the kind of vigorous exercise that really advances our health is multidimensional, too. 

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An Artificial Hand with Real Feeling MIT Technology Review

Igor Spetic’s hand was in a fist when it was severed by a forging hammer three years ago as he made an aluminum jet part at his job. For months afterward, he felt a phantom limb still clenched and throbbing with pain. “Some days it felt just like it did when it got injured,” he recalls. 

Mark Zuckerberg We Want to Create a Dial Tone for the Internet

In his first major appearance since Facebook's stunning $16 billion acquisition of mobile messaging company WhatsApp last week, Mark Zuckerberg took the stage at the Mobile World Congress on Monday to explain his plan for the company's future in mobile: "We want to create a dial tone for the Internet."

Early in the address, Zuckerberg focused his attention on Internet.org, explaining some thought behind why he wants to bring cheap or free Internet to most of the world.

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Imagine people in developing countries thinking Facebook is the gateway to the Internet. They would log into Facebook to access email, Wikipedia pages, weather information, and food prices. If they wanted additional services like the ability to stream video, they can buy it with a simple click—through Facebook.

That’s Mark Zuckerberg’s vision for Internet.org. 

At the Mobile World Congress on Monday, Zuckerberg delineated some of his plans for moving forward with Internet.org, the initiative led by Facebook to bring Internet connectivity to poor countries around the world. 

 

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Vigilance and Equanimity are the Needs of the Hour Executive Summary Key Trends in the Pharmaceutical and Biotechnology Industry The challenges posed by reducing margins, expiring patents, increasing compliance costs, and regulatory thrusts because of delayed approvals are forcing participants in the pharmaceutical and biotechnology industry to restructure and streamline strategies to cease the diminishing profitability and increase the returns from research and development (R&D). Though the returns from the pharmaceutical and biotechnology (pharma and biotech) industry have been on the decline compared to previous years, they are better compared to the performance of other industries. Key Trends- Global decline in private equity and venture capital (PEVC) deals in healthcare (HC) is reflected in the decline of PEVC deals in the pharma and biotech industry.- Venture capital (VC) deals in both the pharmaceutical and biotechnology sectors witnessed a decline in average deal value over the years, with an increase in rounds of investment.- The deal value analysis showed a preference for mid-sized deals in both private equity (PE) and VC investment.- Geographic analysis revealed the United States represents the largest share of deals, and the sectorial preference of investors varied across geographies.- The strong comeback of initial public offering (IPO) in 2013 sends a positive outlook for investment in the pharma and biotech industry.

 

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I am more bullish about the future of the news industry over the next 20 years than almost anyone I know. You are going to see it grow 10X to 100X from where it is today. That is my starting point for any discussion about the future of journalism. Here’s why I believe it, and how we will get there.

Journalism has changed

There has been a fascinating change in the traditional journalistic press over the last several years. Take corrections as an example. It used to be that corrections to printed news stories were a really big deal. There was a high bar to get a correction accepted in a newspaper or magazine. The story as printed was the permanent record.

 

CommerceLab.ca, a new initiative supported by the Canadian Digital Media Network through the Centres of Excellence for Commercialization Research on Gamification User Experience UX Digital Signage Canadian Companies Can Use CommerceLab nd Research (CECR) program, is bringing together a number of business and academic advisors to tackle Canada's innovation deficit. Serving as advisory board members to CommerceLab, the team will focus on accelerating the adoption of Canadian digital media research and innovation in three fast-growing fields: gamification, user experience (UX) design, and interactive display technology.

 

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And according to Charles Duhigg, author of "The Power of Habit," these habits comprise 40 percent or more of the daily decisions we make.

Here are seven things entrepreneurs can do to stay on top of their business AND their health.

1. Learn something new every day.

Healthy entrepreneurs are lifelong dreamers. They work hard, play hard, and think harder. They love to read, listen to audio books and absorb as much knowledge as they possibly can. Not only do they educate themselves about topics relevant to growing their business, they also seek knowledge about what it takes to be healthy. They know healthy behaviors have a direct impact on their business.

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If you Google the phrase "faith-based businesses," the results point to companies that pursue a religious agenda. But there's another kind of faith in business: the belief that a product or service can radically remake an industry, change consumer habits, challenge economic assumptions. Proof for such innovative leaps is thin, payoffs are long in coming (if they come at all), and doubting Thomases abound. Today, pundits fret about an innovation bubble. Some overvalued companies and overhyped inventions will eventually tumble and money will be lost. Yet breakthrough progress often requires wide-eyed hope.

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Tech accelerator DreamIt Ventures, best known for housing startups such as SeatGeek and LevelUp, today announced major leadership changes in New York.

Mark Wachen, the founding managing director of DreamIt Ventures New York since 2011, has been replaced by Andrew Ackerman, a serial entrepreneur and angel investor. With this change, Wachen will take on the title of managing director emeritus and will shift his focus towards mentoring DreamIt’s portfolio companies.

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To accomplish a big goal, such as launching a new business, writing a novel or starting an exercise regime, productivity experts will often suggest getting up early. You can get a lot done in a quiet house with no distractions or interruptions. While this is sound advice, it’s easier said than done.

“You might think getting up earlier is just a matter of discipline, but it actually takes much more than that,” says Julie Morgenstern, time management expert and author of Never Check Email in the Morning (Touchstone; 2005). “The truth is, your entire ecosystem has been built around sleeping later.”

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Feb. 20 (Bloomberg) -- Sequoia Capital, the only venture investor in WhatsApp Inc., stands to make about $3.5 billion on its investment in the mobile messaging service that Facebook Inc. agreed to buy for as much as $19 billion in the biggest Internet deal in more than a decade.

 

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Despite its “miniature” size, Louis C. Gerken’s The Little Book of Venture Capital Investing: Empowering Economic Growth and Investment Portfolios (Wiley, 2014) covers a lot of ground.

Gerken opens with a brief but scathing critique of the Occupy Wall Street movement, arguing that “if it wasn’t for capitalism,” and venture capitalists in particular, “none of the resources they had relied on to fuel their righteous indignation would even exist.” (p. xiii) In fact, as he contends later, “Venture capital investment has been almost singlehandedly responsible for delivering huge productivity gains to the U.S. economy by way of financing new information, communication technologies, and innovations.” (p. 52)

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As we heard at our big MoCo Forecast event this morning in Bethesda, growing jobs there will require wooing those you already have. (If you have leftover Valentine's chocolate, put it to work.)

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A team of Bio-X researchers at Stanford has developed mice whose sensitivity to pain can be dialed up or down simply by shining light on their paws.

The research could help scientists understand and eventually treat chronic pain in humans.

The mice in Scott Delp’s lab, unlike their human counterparts, can get pain relief  from the glow of a yellow light.

Image: Light-sensitive proteins, or opsins, are used in a Stanford study on pain control through optogenetics (credit: Stanford University) 

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Investment in medical devices fell last year, but medtech companies continued to do deals amongst themselves at a steady pace.

In an analysis of last year’s medtech M&A transactions, analysts at New York’s Walden Group Inc., a strategic healthcare investment banking and consulting firm, identified 10 major forces that are shaping medtech:

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Everyone can relate to a day at work that just starts off on the wrong foot.  Perhaps you have just had an argument with a spouse or loved one, or you’re late for an appointment even though you had a million reminders in your schedule, or your inbox contains e-mail after e-mail with what seem like impossible demands.  These days can feel really long, and before you know it, the smile is wiped off your face, and you dread your next customer or colleague-facing interaction.  In fact, you become filled with anxiety at the thought of your next appointment, and you realize that you have to get your act together.

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Suppose your company has 8 million shares outstanding and you’re fortunate enough to be able to raise $4 million at an $8 million pre-money valuation in your Series A. That’s a $12 million post-money valuation and each share is valued at $1.00. You continue to own 8 million shares after the financing, but you issue 4 million new shares to the investors, thus you now own 8M/12M or 67 percent of your company and you have $4 million in the bank.

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What’s cooler than the stuff you can 3D print today? The things that 3D printers are almost, but not quite yet, capable of printing someday soon.

See also: 10 Crazy Things 3D Printers Can Make Today 3D Printing has come a long way since inventor Charles Hull first prototyped it more than 30 years ago. One of Hull’s first ever builds was a shot-glass sized plastic cup, and even that took days to design and print. Today, scientists and researchers are dwarfing early models both in the sheer size and wealth of materials that they’re prototyping for future prints.

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Entrepreneurs really do love to pay it forward and support each other—usually. And what better way to show your support then to financially help out with a friend's new venture?

But beware—just because someone is a good friend doesn't make them a great businessperson. Financial commitments to friends can quickly go south and ruin both relationships.

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Many companies aren’t ready for growth: They haven’t clearly articulated the specific strategies they need to compete and win in the market, channeled their resources to bolster their differentiating capabilities (the few things they do better than anyone else), or aligned their organization to execute their plans. Meanwhile, years of across-the-board cost cuts have enabled them to meet short-term profitability pressures—but only at the expense of long-term priorities. And they haven’t gained or sustained a competitive advantage. These organizations have become bloated bureaucracies that are really just doing one thing: preventing substantive change.

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A couple recent Brainzooming articles highlighted strategic thinking exercises comparing online and offline situations to help better understand, explain, and develop social media strategy.

One article focused on how using a network TV model helps create fantastic content on an ongoing basis. The other article used models for various social networks as a way to understand how and why you approach each of them differently.

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Bangalore: In heartening news for science researchers, an exclusive bio-science incubator is all set to be launched in Bangalore. It is a high-end expensive equipment, but needed for a capital intensive sector like research in biotechnology, be it making medicines, medical equipment or new techniques for agriculture. The bio-science lab run by the Karnataka government will open in a few months, giving 400-plus start-ups the chance to use this equipment for a nominal fee.

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Jugglers rely on repetitive rhythmic motions to keep multiple balls aloft. Similar forms of rhythmic movement are also common in the animal world, where effective locomotion is equally important to a swift-moving gazelle and to the cheetah that’s chasing it, say researchers.

“It turns out that the art of juggling provides an interesting window into many of the same questions that you try to answer when you study forms of locomotion, such as walking or running,” says Noah Cowan, an associate professor of mechanical engineering at Johns Hopkins University who supervised a recent study published Journal of Neurophysiology.

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Google Glass shares much of its electronics and software with the smartphone, but it’s a very different machine.

You hold a smartphone in your hand. And we do—at restaurants, at the movies, walking across the street, and even in bed. We use smartphones to check our mail, update Facebook, get driving directions, search the Internet to settle bets, and, sometimes, even to make calls. But Glass you wear on your face, and that fundamentally transforms all these human-computer interactions, making them more intimate. Because you don’t use your hands, and because it projects an image onto a transparent screen suspended in front of your eye and uses a vibration to stimulate your inner ear, using Glass is like being naked with the machine: synapses and wires united.

 

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PALO ALTO, Calif. - The most striking thing about visiting Silicon Valley these days is how many creative ideas you can hear in 48 hours.

Jeff Weiner, the chief executive of LinkedIn, explains how his company aims to build an economic graph that will link together the whole global workforce with every job being offered in the world, full-time and temporary, for-profit and volunteer, the skills needed for each job, and a presence for every higher education institution everywhere offering a way to acquire those skills.

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Companies get better results from innovation by targeting initiatives at the right places. Here are six areas to focus on:

1. Your Value Drivers:  What activities across your business model create the most value? Is it operational or commercial? Who is involved and what departments make it happen? Use a systematic innovation method like S.I.T. to reinvent the value driver as well as the resources that deliver it.

SensoryEffects, a food and beverage ingredient manufacturer, delivers customized products that help food companies compete in a more diverse market. It is moving away from commodity production and focusing on its potential in downstream emulsification powders – where the value lies.

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Search online for any list of history’s greatest scientists and you’ll find the same names: Albert Einstein, Charles Darwin, Marie Curie, Sigmund Freud, Louis Pasteur, and so on. The order may change, but the name on top will almost invariably be that of Isaac Newton.

We can argue over such lists – they’re mostly harmless fun – but we can agree that Newton earned his place there. He quantified the laws of motion that govern our lives, and almost 350 years after he did his work, it is still useful.

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Obesity is a disease in both diet and lifestyle. People who are overweight tend to forget that eating the right amount of food and the right kind of food is crucial to preventing obesity as well as cure it. Obese people often think that in order to be healthy they need to eat more but our body does not work that way. Eating too much is unhealthy. This is why we exercise when we eat a lot in order to burn the calories that we have ingested. So, if you are one of those potato couches who are lazy in doing exercises then it is time that you should begin eating the right kinds of food.

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Creative work takes time. It's prone to blockages, inconsistent results, and a long gestation period that can feel like navel gazing. When the work becomes challenging or feels stagnant, it's tempting to simply abandon it.

Years ago, in one of my first creative writing workshops, I hit a roadblock in a story I was working on and naively felt that my writing had screeched to a standstill. My instructor at the time said something I've since reminded myself of often. "What is the thing you most fear--the thing you want to run from?" she asked me. "Write about that."

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"It is not uncommon for me to get 100 applications for one spot, so I'm constantly looking for reasons not to advance a candidate to the interview round," writes Slate editor Katherine Goldstein. "Writing a good cover letter is your best shot at getting noticed. If I hate a cover letter, I won’t even look at the résumé."

That noticeability, Goldstein says, depends on demonstrating that you know the organization and that you are the perfect fit and then distilling that detailed argument into a cordial few words.

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Kickstarter, the fundraising platform used by millions of people to raise capital for creative projects and businesses, said on Saturday that hackers had gained access to some of its customers' data earlier this week but that the breach had been repaired.

"No credit card data of any kind was accessed by hackers. There is no evidence of unauthorized activity of any kind on all but two Kickstarter user accounts," Kickstarter Chief Executive Officer Yancey Strickler said in a blog post on the website. It noted that it does not store credit card data.

 

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ROCKVILLE, MD. — The Tech Council of Maryland (TCM), Maryland’s largest technology trade association with more than 400 life science and technology members employing over 200,000 in the region, today announced that individuals from Hewlett-Packard Co., Johns Hopkins University, MedImmune, RCM&D and SoBran Inc. were named to the association’s board of directors.

“We are excited to have this impressive group of individuals on the TCM board,” said Phil Schiff, TCM’s CEO. “Their individual and collective expertise will be invaluable as the association evolves to address the changing needs of our membership.”

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From Executive Summary:

The EU is facing increasing world competition, in particular at the higher end of global value chains. In 2011, more than 70 % of the world’s knowledge production was taking place outside the EU, and half of the world’s scientists and engineers lived outside the triad1. Since 2008, developed Asian countries have gained increasing shares of global value chain income including income from medium-high and high-tech products.

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Katia Verresen's new client had a big problem: He needed to find 3 to 4 extra hours in his day. This, of course, seemed like an impossible feat for an oversubscribed startup founder, but his ability to fundraise and recruit the best talent depended on it. By the time he met Verresen, executive coach to many such founders, he was drained, pessimistic, dreading every week before it started.

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Over the last decade, as DNA-sequencing technology has grown ever faster and cheaper, our understanding of the human genome has increased accordingly. Yet scientists have until recently remained largely ham-fisted when they’ve tried to directly modify genes in a living cell. Take sickle-cell anemia, for example. A debilitating and often deadly disease, it is caused by a mutation in just one of a patient’s three billion DNA base pairs. Even though this genetic error is simple and well studied, researchers are helpless to correct it and halt its devastating effects.

 

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You don’t need to be a Harvard University student to take a massive open online course from Harvard—throwing open the gates to all comers is the idea, after all. But being a Harvard graduate still has its perks, even within the democratized landscape of MOOCs.

The university plans to make some MOOC materials available exclusively to alumni, in an effort to help Harvard graduates reconnect with the university and one another. The program, called HarvardX for Alumni and first reported in The Harvard Crimson, might also include opportunities to interact directly with professors, a rare privilege in an open online course.

 

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Last year, I went to the Career Services Startup Fair. I was only a freshman, but I knew that I wanted an internship at a startup that summer. And I got one.

It wasn’t an easy process. As a freshman without any working experience, I received countless rejections. I suspect that many companies didn’t even bother to read my resume. I almost booked flight tickets back home to China (Thanks StudentUniverse.com! It was too expensive.) Heavily disappointed, I decided to take another approach.

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NIH SBIR/STTR Grants: Seed Funding for Biotech Development

In the next four months Bangalore will have yet another first to its name: a bioscience and medical technology incubation facility. This first of a kind initiative in India will be established at the Bangalore Helix park, in Electronics City.

With an aim to mentor and incubate startups in the biotechnology sector, this government-backed incubator will also act as an accelerator and help biotech companies take their products to market.

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Securities and Exchange Commission

WASHINGTON, D.C. - Last week marked the deadline for the Securities and Exchange Commission (SEC) to accept public comments on proposed regulations to permit companies to offer and sell securities through crowdfunding. In submitted comments, John Berlau of the Competitive Enterprise Institute argued that the proposed rules could result in “costly, paternalistic requirements on crowdfunding that have the effect of keeping the status quo and locking ordinary investors out of startup capital.”

 

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Declines in budgets across the public health community were just one reason the Centers for Disease Control and Prevention began looking at innovative approaches for employees and partners to collaborate online.

With the agency’s health informatics partners stretching to state and local public health departments, academics, educational institutions, standards organizations, as well as other countries, CDC in 2009 began examining how it could develop a more cost-effective and efficient way for these key stakeholders to meet, collaborate and advance new ideas.

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Interest in unlisted start-up firms among Japanese venture investors is increasing following the revival of the country’s stock markets and the economic recovery.

Moves to launch funds are gaining momentum among venture capital firms, while the government-backed Innovation Network Corporation of Japan (INCJ) is stepping up its investment activities.

Some major information technology companies have established their own funds to invest in new technologies.

 

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BLOCK 71 HAS long been slated for demolition. A look at the tenant list for the seven-storey industrial building on Singapore’s Ayer Rajah Crescent helps explain why it is still standing: nearly 100 startups live there officially and perhaps as many again informally. Their often strange monikers are interspersed with the more conventional names of venture-capital firms, accelerators and the like.

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Ever misplace your keys, forget someone’s name, or lose your train of thought? Of course you have. Everyone struggles with their memory from time to time.

While they can be frustrating, these little slips are common and normal, says Gary Small, MD, director of the UCLA Longevity Center and author of The Memory Bible.

“We become more forgetful as we age, and by 45 the average person has a measurable decline in their memory ability, but we have more control than we think,” says Small. “The MacArthur Study of Successful Aging found that genetics only accounts for a third of memory success. The rest is our cognitive and physical health.”

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One major hurdle that many entrepreneurs face is the fear of failure. Will my product sell? Will I be able to pay my investors? Will I be a good leader? If you are an entrepreneur, I’m sure these are just a few of the many questions that have come to mind while running your business.

That fear of failure is often what makes aspiring young entrepreneurs head back to their warm and cozy corporate jobs. So, how do we push past this fear?

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With a premier B-school degree behind them and usually a plum job in hand, these youngsters are planning to do something different.

Following a growing trend over the past few years, the IIMs have been seeing a few graduates opt out of the placement rat race. They chose, instead, to set out on their own, diving into the sea of destiny with their own start-ups and innovative business ideas.

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With an economy based on knowledge workers, estimates suggest that a full 50% of professionals in the United States have jobs that can be performed from home. In fact, according to the most recent Census findings, the number of people who work out of their houses increased from 9.5 million in 1999 to 13.4 million in 2010, indicating that many more companies are now offering remote jobs.

To determine which companies are likely hiring telecommuters in 2014, FlexJobs, the leading site for job searchers seeking ideal work-life balance, has named the top 100 companies that allow or encourage employees to work from home.

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Do you want job security? Become a wedding planner.

That's the advice from Glassdoor, the jobs and career community site. Automation may claim as many as 47% of current jobs by 2033, according to a recent Oxford University study. If you're planning a career that spans beyond the next decade, you may want to strike the following off the list. Why?

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What is the most important quality of an entrepreneur? Many would argue it is passion — an overwhelming love of what one is doing, and the drive and determination to see one's dreams realized. Others might say leadership — the ability to bring a team of people together and guide them toward a common goal. But some believe that creativity — a boundless imagination that is constantly innovating and seeing the world through a different lens — is the ultimate key to business success.

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Xavier Damman is a technology entrepreneur and the founder of Storify, a journalistic web tool that is used by media organisations such as The New York Times and Al Jazeera to tell rolling stories using social media content. He spoke to EurActiv’s Laurens Cerulus.

Like many entrepreneurs in the technology sector, you moved to the US to start your company. How come you didn’t start in Europe?

People often ask me if I could have developed Storify in Europe. And the answer is: No. This couldn’t have worked here. I was trying to find money in Belgium at first, but it was close to impossible.

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The Bangles may have sung of “Manic Mondays,” but Tuesday is really the day when stuff gets done.

According to a recent survey by the staffing company Accountemps on employee productivity, 39% of HR managers said that Tuesday was generally the best day for their employees. That beat Monday (24%), Wednesday (14%) and Thursdays and Fridays (a paltry 3% apiece).

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Ohad Frankfurt is the cofounder and CEO of Swayy, a personalized content curation and management platform.

About a year and a half ago, we got accepted to the Elevator accelerator program in Tel Aviv, Israel. At the time, we started working on a product called Summer, a browser extension which lets you get more information about people you read about online (think of it as “Rapportive” for the entire Web).

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From the first day at the Gener8tor accelerator in Madison, Wis., we have been pitching our fashion tech startup nonstop to mentors, investors and entrepreneurs in preparation to raise money for our seed round of funding.

Now, as we attend a New York City trade show, hoping to interact with brands we will carry when we officially launch later this year, I can’t help but notice the similarity between the accelerator conversations and those with wholesalers at trade shows.

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The growing acidity of the world's oceans is a worrying threat to coral reefs, which support an amazing array of marine life, and are generally harmed as ocean acidity rises. But a vibrant reef in the western Pacific Ocean is bucking this trend: Researchers have found that the coral there thrives, rather than suffers, in locally acidic conditions.

Coral reefs grow by extracting calcium and carbonate ions from seawater and combining them to form calcium carbonate, the same hard mineral found in clam and snail shells. Both calcium and carbonate are generally abundant in seawater; however, as water becomes more acidic, carbonate levels drop and organisms struggle to gather enough to form their outer skeletons.

Image: Despite living in waters that are more acidic than average seawater, the corals living in the bays around Palau’s Rock Islands are unexpectedly diverse and healthy. Credit: Palau International Coral Reef Center 

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Emergent BioSolutions Inc. (“Emergent”) EBS -1.88% announced today the pricing of its offering of $215 million aggregate principal amount of 2.875% Convertible Senior Notes due 2021 (the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), which was upsized from the previously announced $200 million offering. Emergent also granted the initial purchasers an option to purchase up to an additional $35 million aggregate principal amount of the Notes.

 

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Global Innovation Summit is a living "design laboratory" to create real solutions for real-world problems in real time.  It's more than a conference; it's an experience.  Attendees will learn how to create and prototype solutions by applying design thinking to the hardest systemic challenges.  Bring your own personal challenges to work on. Register here!

 

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Not too long ago, no one knew what Google was. It was a small company that did one thing very well, but its future as the world’s most pervasive brand was far from cemented. History shows Google owes much of its early growth to channel partnerships. Ironically, these partners included better-known sites AOL and Yahoo, which it would go on to dwarf — and now it makes billions as a channel partner for thousands of smaller brands. When it comes to leveraging partnerships for revenue and exposure, Google is the ultimate success story.

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INewImage am clearly on a digital health kick, blog-wise, as I look back on my last few posts. Having spent time at both CES and the JP Morgan Healthcare conference, where digital health was a hot topic, it seems that the subsector is definitely having its day in the sun. I was particularly honored to be named among the 2013 “Top 50 in Digital Health” by a group comprised of Rock Health, Goldman Sachs, Silicon Valley Bank, and Fenwick & West. There are some pretty smart people on the list with me and it is very gratifying to be in such great company (nice article about the list by Wade Roush at Xconomy can be read HERE).

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The tech sector is booming. If you've used a smartphone or logged on to a computer at least once in the last few years, you've probably noticed this.

As a result, coding skills are in high demand, with programming jobs paying significantly more than the average position. Even beyond the tech world, an understanding of at least one programming language makes an impressive addition to any resumé.

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Ever wanted to surf without the fear of sharks? While there was not much you could do before, Joel Centeio is hoping to change that with his special shark repelling device.

The tiny box on the Velcro strap is called the Electronic Shark Defense System or ESDS.

Wilson Vinano created the lightweight machine. He said it emits an electric pulse that repels sharks by affecting the gel in a shark’s nose.

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In this in-depth article we present how Open innovation meshes with crowd sourcing, drawing on ideation, market needs and opportunities, to fuel a balanced portfolio with actionable innovation challenges, or « the right things to do », and converges these with a need driven approach to source the ways of « doing things right ». We will illustrate this innovation continuity with a number of examples and a focus onto the food and drink industry.

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“WHEN an American asks me this question, it’s like a wall of ice crashing down between us.”

The question my Moscow-born friend Galina was referring to had nothing to do with Putin, or Pussy Riot, or the culinary ethics of adding ketchup to your pirogi. And yet, it is the back across which Russian-American relations are broken.

The question in question is, “How are you?”

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The industrial revolution brought efficiency but led to the decline of human creation by hand. We stopped tinkering and started operating machines, becoming inherently less ingenious.

Over the past century, new product developed hinged on access to expensive machines out of reach for the individual. Thus, new production development and innovation became the domain of companies with the cutting edge equipment.

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Everyone has an innate ability to become a leader. There are a number of reasons why many do not become leaders or do not even see themselves as leaders with their own company. The greatest of these is possibly that they have not understood their own unique value. What they are passionate about and the exact reason they exist — the way in which they (uniquely) can change the world. Many refer to it as ‘purpose’ but I’d like to venture that purpose is merely being your authentic self — how you are when you are your best self. Not through the eyes of an envisioned visage of a perfect future you who will never exist, but the you that you are right now. The ability to recognise that inbuilt capability you execute with little effort, unending passion but has widespread impact. Giving yourself permission to be your authentic self is what ‘living your purpose’ is.

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We’re only a few weeks into 2014 and already there is a great deal of talk about a tech bubble and the odds of it imploding this year.

A recent New York Times article observed that there are now more startups with billion-dollar valuations than at any other time in history. In the three years from 2011 through 2013, there were at least 34 venture-backed startups valued at $1 billion or above, according to Dow Jones VentureSource, compared with just 16 during the helium-filled dot-com era of 1998 to 2000.

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A recent CEB survey of C-suite executives indicates that organizations will require significantly higher performance—23% improvement, on average, in performance ratings— from their executive-level direct reports in the new year. How well are executives prepared to rise to that challenge?  Less than 20% of C-suite leaders had confidence their executives could stand the test.

A large part of the problem, our research suggests, has to do with the high failure rate of outside hires. Intuitively, people know it takes longer for outside hires to come up to speed than internal candidates. But our research shows just how dramatic the problem really is.

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There is a clearly established link between SMEs' rate of adoption of high technology and growth. Europe's companies need to stay ahead of the game, and can club together to help each other, writes Per Werngren.

Per Werngren is owner and CEO of Idenet AB, a private cloud hosting provider based in Sweden

Policy-makers and avid newspaper readers looking for solid proof of economic recovery often rely on news coming from Fortune 500 companies to take the pulse of the economy. The truth is that Europe’s economic comeback depends much more on its army of small and medium-sized enterprises (SMEs) than on corporate elites.

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Small business owners have a tendency to want to do it all. They jam-pack their schedules and overload their to-do lists, pausing only to sleep — if they're lucky. With so many things on their plates, entrepreneurs rarely feel like they're able to take the time to refresh and recharge. The problem is, constantly running around and stressing about your business means you're probably not at your peak performance levels.

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Embrace the New Freedom: Technology, Not Tenure - Commentary - The Chronicle of Higher Education

Every successful entrepreneur I know is also an avid reader. Most are regulars in business aisle at their local bookstore and are devoted readers of Forbes and other business publications. Successful entrepreneurs are typically hungry for knowledge and there is a wealth of it to tap into. With the start of a new year, here are some great books that will either inspire, instruct or maybe do a little of both. So if you’re looking for a book to read on an upcoming business trip, or are looking for a little extra motivation for 2014, here are some books that I found helpful recently, especially when I’ve faced business challenges.

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“Curated food” startup DineInFresh Inc., better known as Plated, has raised $5 million in a Series A round led by ff Venture Capital, co-Chief Executive Nick Taranto told VentureWire. The round was joined by investors including Lerer Ventures, Founder Collective and Great Oaks Venture Capital. New York-based Plated assembles and delivers meal “boxes” to its customers that contain all the ingredients and instructions they need to cook a tasty, healthy meal at home from locally sourced ingredients.

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Top5 Speaker 2014

Richard Bendis Nominated Again!

Each year, Speakers Platform recognizes five speakers within ten popular topic areas. Excellence in speaking is based on: expertise, professionalism, innovation within the topic area, client testimonials & references, presentation skills, original contribution to the field and votes. The only substantive requirement is that the candidates' keynote presentation fee must be under $30,000USD. 

 

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NOTE: clicking on the VOTE button above will navigate you to the page to vote for Rich.  Instructions on how to vote are found there.  Merely clicking on the VOTE button above will NOT register a vote.  We appreciate your support!

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The last days of 2013 have come and it’s time to look back in order to decide who really had a huge impact on people’s lives. We think that the best entrepreneur is the one who has innovated most through the year. Our ideal entrepreneur isn’t someone who has mixed a couple of ideas in order to build a product, the ideal entrepreneur is the one who really thinks ahead without caring about what the others are thinking or even doing. No matter what Google or Apple are releasing, the innovator is looking at his/her own path, which doesn’t cross any of these two companies.

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Rewind the clock one year, to December 2012, and the city of Boston didn't seem like a very obvious place to try to build a startup.

There were only a handful of places you could go to find a half-dozen or more startups clustered in the same spot. One was the MassChallenge entrepreneurship competition on Fan Pier, which was taking advantage of free rent in a mostly-empty tower. Another was Workbar Boston, a shared office space across from South Station where entrepreneurs and consultants could rent desks and conference rooms on a short-term basis. Space with a Soul brought together non-profits and mission-driven startups on Summer Street in Fort Point Channel, and Headquarters Boston offered a home for small manufacturing firms and artists.

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My mother was always lavish with advice, little of it original — she was hardly the first to caution against horizontal stripes for anyone broader than Barbie — but much of it unimpeachable. As 2013 draws to a close and I think about the fever pitch and jagged edges of so much of its discourse, I find myself flashing back on one of her caveats in particular.

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There’s plenty of lip service in Washington about creating a better climate for startups and small businesses. So it’s disappointing to hear that a law designed to do just that is stalled indefinitely thanks to political posturing. But that’s exactly what seems to be happening with the Small Business Capital Access and Job Preservation Act H.R. 1105.

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Common sense is no replacement for science; plenty of "everyone knows" knowledge has had its legs cut out from under it by a well-designed study. Nevertheless, some research turns up results that don't exactly shock and awe.

Such no-duh research usually has a serious underlying purpose, from the study of why people cheat to the roots of racism. Researchers have to understand the basics of everyday phenomena in order to understand them, after all.

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It started with a gap in the market. 

Technology writing comes in many forms. It can be long and lyrical a la The New Yorker. And it can be bite-size — just enough news to grab and go. What we spotted was a lack of tactical storytelling, a need for compelling, long-form writing that would equip readers with tools and hacks they can deploy immediately to build better businesses. Our response is First Round Review.

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THE LONG-TERM future of congressional support for research and development is being shaped right now, and the stakes are high. Those of us who see firsthand the power of scientific research can offer a simple message for America’s policy makers: To help close the budget deficit, close the innovation deficit.

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The crowdfunding movement continued to grow in 2013, with the sector projected to have generated $5.1 billion globally worldwide over the past year. As crowdfunding has become more popular, the ambition of projects raising money on sites like Kickstarter and Indiegogo has also grown.

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My personal experience, confirmed by numerous studies, is:

  • It’s faster to process email in batches rather than checking in 30 times/day. 
  • Humans cannot multi-task, they just complete both tasks slower, and with lower quality. (Texting and driving, meetings and email) 
  • The best ideas, new ideas, come in a flash when you’re not working.

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Jess Jacobs and Donna Cryer are experts on the healthcare system — professionally and personally.

Jacobs has postural orthostatic tachycardia syndrome, and describes it best in her own words:

I have an idiopathic condition. It lies somewhere between the heart, autonomic nervous system, and mind. It’s a veritable no-mans land of drugs and specialists where there’s no cure and very little understanding.

 

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If you want a flavor for what is at the core of Switch and Shift’s thought leadership, this is the post for you. Below, in descending order, are the twelve most-shared posts of 2013 from the heart and soul of this site, our League of Extraordinary Thinkers.

What amazes us is the diversity of this group. In the collection below, you’ll find top authors and sought-out consultants, inspirational speakers and CEOs, a social media power influencer and even a general still serving active duty in Afghanistan!

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I’ve written before about the merits of convertible equity for the startup. Recently, I heard about companies that took convertible notes as bridge loans, so I thought it useful to again highlight the potential pitfalls. As you know, a convertible note is a form of a loan. Typically it is converted into stock of the company at a future round of financing. But if there is no future round of financing, the lender (investor) can call the note and demand repayment. In the stories I just heard, when the companies couldn’t repay the notes, the lenders (the investors) foreclosed.

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California

Since its inception in 2007, Otis College of Art and Design’s Annual Report on the Creative Economy of the Los Angeles Region (Otis Report) has been an invaluable tool to assess the tremendous impact and influence of the area’s creative sector on the economy.

This year, the California Arts Council awarded Otis funds to expand the report to include analysis of the entire state of California, showing how the state’s economy is impacted by jobs in the arts, design, education, entertainment, nonprofits, and independent creative professions. The report will also provide a forecast for 2016. The California Arts Council’s commitment underscores the belief that creativity is essential to California’s successful workforce investment and economic development strategies.

 

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Rockville, Md. – From Sept. 15-25, Montgomery County executive Ike Leggett led a trip for four cities in China: Shanghai, Xi’an, Benxi, and the Gu’an County right outside of Beijing. The trip included over 80 business, education, and government leaders from Montgomery County and the DC metropolitan area including Montgomery County Public Schools (MCPS) superintendent Joshua Starr, county council member Hans Riemer, and Michael Goldman of the Washington Metro Area Transit Authority (WMATA).

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It's a good question that was raised in Silicon Valley two years ago when Angela Benton met legendary investor Mitch Kapor and founded NewMe, the first accelerator in Silicon Valley focused on black startup founders. Soledad O'Brien's "Black in America" series catalyzed a national debate when it spotlighted the NewMe Accelerator and the controversy over a dearth of black tech talent in Silicon Valley. Earlier this year, Chad Womack, Ph.D., National Director of STEM Education at the UNCF (United Negro College Fund), made it his personal quest to address the question. And that was the genesis of the idea to produce an unprecedented gathering of HBCU leadership in Silicon Valley.

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Paul Kenny and Arya Bolurfrushan, Emerge Venture.

Dubai-based investors Arya Bolurfrushan and Paul Kenny today announced the launch of their new venture capital firm, Emerge Ventures, focused on high-impact early stage investments in Middle East technology companies. Emerge Ventures aims to give international and regional investors access to the budding tech start-up market in the Middle East, with a particular bias towards infrastructural e-commerce.  

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On the face of it, the value of a marine reserve — the equivalent of a national park or wildlife preserve on land — seems obvious. The oceans are in trouble, and setting aside regions of biodiversity, where fishing is strictly limited, if not prohibited, is one of the few effective means of protecting many species at once. But politically, there is nothing simple about creating marine reserves in international waters. Recently, China and Russia succeeded in blocking, yet again, the creation of a large marine reserve in Antarctica.

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SMS turns 21 today, which means your texts are about to get totally wasted.

On Dec. 3, 1992, a software architect in the U.K. sent the world's first text message. In the 21 years since its invention, texting has emerged as an integral part of our connected lives. We text happy moments, sad moments and, most importantly, drunk moments.

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Many successful creative people have the same personality trait in common: they are open to new experiences.

Psychologist Art Markman defines "openness to experience" as "the degree to which a person is willing to consider new ideas and opportunities." This runs along a spectrum: on one end, you have people who love novelty and dig the idea of doing new things and entertaining new ideas; on the other, there are those who like to stay with familiar ideas and tried-and-true activities.

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Many of us work in an endless stream of tasks, browser tabs, social media, emails, meetings, rushing from one thing to another, never pausing, and never ending.

Then the day is over, and we are exhausted, and we often have very little to show for it. And we start the next day, ready for a mindless stream of tasks and distractions.

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The US Department of Energy (DOE) has announced funding opportunities in its 2014 Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs that will be of interest to the LED-centric industry. The agency will consider proposals that range from enabling component and electronics development to system-level technologies including adaptive controls that can enable more-efficient solid-state lighting (SSL).

 

In the four years since the U.S. government created data.gov, the first national repository for open data, more than 400,000 datasets have become available online from 175 agencies like the USDA, the Department of Energy, and the EPA. Governments all over the world have taken steps to make their data more transparent and available to the public. But in practice, much of that data--accessible as spreadsheets through sites like data.gov--is incomprehensible to the average person, who might not know how to wrangle huge data sets. Never-ending tables mean next to nothing to me, even if I know that they might be hiding some interesting relationship within their numbers, like how income stacks up with happiness.

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Something happened to our phones, and it’s not just a change in size and functionality. It’s a complete transformation in everyday life — and certainly in how we identify ourselves.

To say that most of us are attached to our phones is like saying we think oxygen is a handy substance to have around. Most of us couldn’t get by without our phones; we have them on all the time, never share them, and don’t even turn them off when we go to bed. You can measure our dependence by the feeling of panic when we think we’ve lost it somewhere.

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For killer whales, silence is golden as they hunt in complete darkness, listening for sounds of their marine mammal prey, and then rushing in for the kill, new research suggests.

"The mammal hunters are very, very silent," said study co-author Volker Deecke, an animal behavior researcher at the University of Cumbria in England. "Most of the time you don't hear any calls or clicks and it's only after a kill that they become vocal."

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European Young Innovators Forum's president Kumardev Chatterjee contributed to the New York Time's State of the (European) Union debate with opinion article "Embrace Entrepreneurship" on finding sustainable solutions to the European economic crisis.

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Written by Kumardev CHATTERJEE for the World Economic Forum (WEF), on invitation in the frame of the WEF’s European Entrepreneurship Initiative, where EYIF is a core partner, co-leading the Promotion of Entrepreneurship activity. This post is reblogged from the WEF’s original post, bit.ly/WEFblog, for the EYIF community.

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Google already runs much of the digital lives of consumers through email, Internet searches and YouTube videos. Now it wants the corporations, too.

More Tech Coverage News from the technology industry, including start-ups, the Internet, enterprise and gadgets. On Twitter: @nytimesbits. The search giant has for years been evasive about its plans for a so-called public cloud of computers and data storage that is rented to individuals and businesses. On Tuesday, however, it will announce pricing, features and performance guarantees aimed at companies ranging from start-ups to multinationals.

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My affection for entrepreneurs is matched only by my obsession for comedy and French things. Over the past decade I’ve been related to them, elevated them, dated them…and at times, even hated them.

A former colleague of mine and I spent years launching tech startups in the U.S. market. Along the way, we encountered hundreds of entrepreneurs, guided them through tough decisions, and often talked them off cliffs -- acting more as psychologists than communications professionals.

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Kenya is in the middle of a technology revolution. It is bustling with innovations driven by the strong entrepreneurial spirit of people hoping to replicate the successes of the revolutionary M-Pesa service or Ushahidi technology company.

As a result, the country has attracted its fair share of investors looking to harness the wealth of potential on display. From one incubation hub to the next, entrepreneurs are proving to be bursting with creativity and mind-boggling ideas.

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@WSJSTARTUP: In this video chat from Monday, Dec., 2, experts discuss what it takes to become an angel investor. Click the “play” button below to hear from Brian Cohen, chairman of New York Angels and author of “What Every Angel Investor Wants You to Know”; Marianne Hudson, executive director of the Angel Capital Association; and Dave Berkus, president of Berkus Technology Ventures. For more, read “What You Need to Know to Become an Angel Investor.”

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Figuring out what to get that special entrepreneur on your list? Here’s our annual entrepreneur’s gift guide, compiled by the folks at the University of Maryland’s Robert H. Smith School of Business. Experts, professors, investors, and veteran entrepreneurs weighed in on the best things to buy your favorite budding business owner. Also included are the top wish-list items from some entrepreneurs we’ve spoken with in the past year.

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A lot of things about Christmas change as you move from childhood into an adult.

The endless expanse of days between Thanksgiving and Christmas Eve seems to shrink, presents become a responsibility instead of magically appearing under your tree, and the Christmas movies you've loved forever just don't feel the same.

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It was a hot summer day in Spain. I had been riding my motorcycle along the beautiful, sun-drenched streets of a University campus I was visiting in Barcelona when I looked over to the right to read a street sign. Just then, a little red Smart car in front of me slammed on the brakes. I braced for impact, and then seemed to watch in slow motion as I smashed into the back of the car, totaling my bike. (As a side note, Smart cars are a lot more solid than they look.) I escaped with only minor injuries, but something deep in my psyche had been triggered.

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The current US model for technology transfer isn’t working. Rather than depending on out-licensing to the highest bidder, universities should support researchers to turn entrepreneur and nurture their own start-ups, says Walter Valdivia

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It’s been a relatively quiet year for facility investment projects from Merck KGaA, the life sciences and chemical firm that employs more than 38,000 around the world and reported 2012 revenues of more than US$15 billion. But the past fortnight has been something else entirely.

On Nov. 15, Merck announced an €80-million (US$108.3-million) investment in a new pharmaceutical manufacturing facility to be located in the Nantong Economical Technological Development Area (NETDA) in the Greater Shanghai region (Yangtze River Delta area).

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Heart attacks, anaphylactic shock and clinical decision support for healthcare workers in rural clinics in developing countries. Those are the targets of a group of mobile health apps that could help decide the future of mhealth technology commercialization at the university. It’s part of a new program at  the University of Pennsylvania.

Six apps were chosen by development firms who will produce prototypes for the Center for Technology Transfer. The first three were conceived by faculty from Penn’s Perelman School of Medicine and qualify for UpStart’s incubator program. A drug verifier app, developed by a Wharton business school student, will get advice from UpStart’s new student entrepreneur adviser program. Aside from Resuscor, each of them fit the description for the Noble Mobile category — an app to improve society.

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Before 1960, the only way to treat cardiac arrest involved opening up the chest cavity and applying manual cardiac massage. The surgeon would take the heart in his hands and squeeze it ever so cautiously to a distinct rhythm in order to help pump blood to the brain and other important organs, giving the patient a chance at life once again. While a bold method, it was rarely attempted and more often than not didn't prove successful.

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Several pharmaceutical companies such as Johnson & Johnson (NYSE: JNJ), Merck (NYSE: MRK) , and Bayer (NYSE: have been taking steps to infuse their pipelines with new drug drugs by developing incubators  to identify life science innovations that fit in with their longterm goals. Now Celgene (NASDAQ: CELG)  is collaborating with a biotech incubator backed by early stage life science and healthcare investor Versant Ventures, according to a company statement.

The Toronto-based incubator, Blueline Bioscience, works with academic and medical research centers in Canada to fund and develop early-stage biotechnology companies. The collaboration will give a Celgene affiliate certain option rights for research in areas of joint strategic interest such as oncology and inflammation.

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Dmitry Grishin spent years building Internet companies in Russia, first with Molotok.ru, an eBay copycat he founded in 2000, and then as a cofounder and CEO of Mail.ru Group, a Russian Internet conglomerate that is essentially that country’s version of Yahoo. But lately he’s been hoping to translate his success online to the world of personal robotics—a lifelong love—with the launch last year of venture firm Grishin Robotics, which has so far made five investments in companies ranging from hardware accelerator Bolt to on-demand, inexpensive satellite provider NanoSatisfi. This year, the 34-year-old was named one of MIT Technology Review’s Innovators Under 35.

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The Hamburg startup Secucloud has broken the record: no other business in Europe in the seed phase has ever reached a financing amount of 500,000 euros faster via crowdfunding. The investors on the Seedmatch platform have raised this amount in just one day, ten hours and four minutes. “We are incredibly happy about the successful financing and are very thankful to the investors for their trust,” says Secucloud founder and CEO Dennis Monner. “The quick financing shows that our product meets a large demand. A simple and cost-effective solution for the IT security of private individuals and small businesses is a hot topic.” Together with an additional funding campaign on the American platform Kickstarter, which will launch shortly, all of Secucloud's capital requirements can be covered by crowdfunding. The SecuBox+ and complementary security apps are now being developed at great speed.

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"I realized recently that one of the things I love about short deadlines," illustrator Christoph Niemann tells 99u, "is that people think straight."

How so? Imagine the world of Christoph Niemann. He works with major clients like the Museum of Modern Art, the New York Times, and the New Yorker. He's a badass illustrator of whimsy and precision: consider, for instance, the brilliance of his Let It Dough photo essay, now seasonally appropriate. The creative commonality: the best work comes from close-cropped, anxiety-inducing deadlines, Niemann says.

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Given the level of excitement the concept of Open Innovation has caused in the media in recent years, one would assume that this approach has become a common tool used by organizations to achieve their innovation goals.

Indeed, this year’s study by Henry Chesbrough and Sabine Brunswicker shows that large companies in Europe and the U.S. are increasingly using open innovation in their business practices. However, when asked which specific open innovation tools they employ the most, the respondent chose customer co-creation, informal networking and university grants. At the same time, crowdsourcing and working with open innovation services providers (OISP) were rated lowest in importance.

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When you're in the kitchen, you have a choice between cooking everything from scratch or using pre-mixed ingredients to make the process quicker and easier. Starting a business isn't all that different. The decision on which incubator, if any, you should join boils down to how much of your entrepreneurial sauce you can, want and should try to make on your own.

Entrepreneurs have limited time, knowledge and resources. Therefore they need to focus on what matters most to them and what they need to do better than their competitors. But the rest still needs to get done and that’s where incubators can be of great help. Bt because incubator services come at a price -- cash, equity or opportunity costs -- this is a serious business decision to be carefully evaluated.

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Since the general solicitation ban had been lifted and additional requirements had been added in The Jumpstart Our Business Startups Act or JOBS Act, The Wall Street Journal revealed that over 320 small businesses had informed the US Securities and Exchange Commission that they would seize the opportunities of the new marketing freedoms provided in the statute. The projection by The Journal was deduced via an analysis of securities filings conducted by the news agency. Of the lot, a handful of them were able to raise capital via the new marketing freedoms, said The Journal.

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Goethe said:

What is it about the “impossible” that seems to inspire, to call us to extraordinary effort, and almost by magic compel us to attempt what might seem unreasonable, unlikely or irrational?

We are wired to achieve, it seems, and calling out to that inner drive is what may distinguish the innovative, dynamic organization from the staid, somber one.  Goethe famously said:  “There is genius in bold action.”  Genius, yes, and much more besides.  Inside of bold action you may very well find the magic formula for innovative behavior and values.  

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It is now well known that successful companies often have an annoying habit of missing the next big thing. Harvard’s Clayton Christensen coined it the innovator’s dilemma. He also produced advice on how to avoid the fate.

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By sequencing the genomes of 100,000 patients and integrating the resulting data into medical care, the U.K. could become the first country to introduce genome sequencing into its mainstream health system. The U.K. government hopes that the investment will improve patient outcomes while also building a genomic medicine industry. But the project will test the practical challenges of integrating and safeguarding genomic data within an expansive health service.

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An artist's rendering of Parx Casino's planned $800 million gaming venue and spa in Fort Washington. The proposal is competing with two other bids.

Greenwood Racing Inc. leaders on Wednesday pledged to pump more money into the local economy and generate more jobs than either of their competitors bidding for the one and only casino license up for grabs in Prince George’s County. Tony Ricci, CEO of Greenwood Racing, estimated its Parx Casino proposal could create about 5,700 permanent jobs and create $1 billion in economic impact when it is up and running. That includes, he said, more slot machines at its selected 26-acre site in Fort Washington than competitors Penn National Gaming Inc. and MGM Resorts International have proposed at either Rosecroft Raceway or National Harbor, respectively.

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I posed that question this week to my friend Dr. Phil Windley, an expert technologist, Executive Producer of IT Conversations and a serial entrepreneur. He and co-founder Stephen Fulling have launched multiple ventures together beginning with iMALL Inc., which they sold to Excite@home in 1999. Disclosure: I have no current business relationship with Windley and Fulling but provided PR counsel to their company Kynetx in 2009-2010.

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AstraZeneca and Taiwan’s National Research Program for Biopharmaceuticals (NRPB) today announced a collaborative program to support academic research proposals using open innovation as a catalyst for drug discovery. The program will connect expert physicians and scientists with a wide range of high-quality, small molecule compounds and biologics developed by AstraZeneca.

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The number of female entrepreneurs is growing slowly in Canada, but still accounts for just a small proportion of all small-business owners and remains an “untapped resource.”

A new study by Royal Bank of Canada economist Laura Cooper shows women were majority owners of only 15.6 per cent of all small and medium-sized businesses in Canada as of 2011, an increase from 14.9 per cent in 2007 and 13.7 per cent in 2004.

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Mary Jo White said it. It’s on C-SPAN. Crowdfunding rules could finally be released this fall. I don’t really like writing news about no news, but given the keen interest in the marketplace to learn something, here is a quick update.

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Commercialization Support Stakeholder Meeting NYSERDA

NYSERDA is considering a new program to fund venture accelerators that will nurture new clean energy startups and position them for investment and rapid growth. The New York State Energy Research and Development Authority expects to fund at least two such accelerators at locations within New York State, through a public competitive solicitation. One of these may focus on hardware-based technologies.

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Biocrossroads, which provides money and support to Indiana’s life sciences industry, announced the seven finalists who stand to gain startup funding in its annual New Venture Competition. Six have biotech or healthcare in their sights. On Oct. 21, five of these companies will compete for $25,000 and access to the Indiana Seed II Fund‘s staff and network for early-stage business support at the Indiana Life Sciences Summit. Second and third place in this competition will rake in $15,000 and $10,000 respectively.

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When Europe took its first, tentative steps towards creating a common market in 1951, it was all about coal and steel. A continent facing the challenge of rebuilding after World War Two felt the need to pool its resources to feed its machines and build up its industry. But what if today's challenge to build digital infrastructure were just as important? What if technological innovation were just as important to Europe's future today as traditional industries had been in the 1950s?

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Think back to your first childhood beach vacation. Can you recall the color of your bathing suit, the softness of the sand, or the excitement of your first swim in the ocean? Early memories such as this often arise as faded snapshots, remarkably distinct from newer memories that can feel as real as the present moment. With time, memories not only lose their rich vividness, but they can also become distorted, as our true experiences tango with a fictional past.

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Bill Gates

Bill Gates in his forward to Edison and the Rise of Innovation writes:

“Edison consciously built on ideas from predecessors as well as contemporaries. And just as important, he assembled a team of people--engineers, chemists, mathematicians, and machinists--that he trusted and empowered to carry out his ideas. Names like Batchelor and Kruesi may not be famous today, but without their contributions, Edison might not be either.”

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With so much content available to you online, it’s hard to filter out and decipher what the best sources of information are. This is especially true when it comes to health and medicine, as so many people are either looking for advice on the subject or dishing it out. With so many so-called experts on the matter, it’s important to stick to the people who have credibility behind their name and you can trust.

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Social media is an important way in which your business should be communicating with the world. If your social media has become ineffective, the results can be detrimental to your brand and eventually to your bottom line.

Fortunately, there are some easy fixes to a broken down social media campaign. Social media expert Lisa Barone suggests some of the top options for bringing your social media campaign back to life.

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When it comes to life science investors looking at deals in the booming field of health IT, some are sticking with the old line, “It’s not you; it’s me.”

Certainly many life science investors are making bets in health IT, but many others have shied away, even as the market matures and exits pick up. According to panelists at Cleveland Clinic’s Medical Innovation Summit, the hesitancy is not necessarily because investors aren’t convinced of the value of these companies.

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Apple has hired Angela Ahrendts, chief executive of traditional fashion retailer Burberry, as the new head of its online and retail stores.

Ahrendts will report directly to Apple CEO Tim Cook. Ahrendts will oversee the strategic direction, expansion, and operation of both Apple retail and online stores, which have drawn hundreds of millions of consumers from around the globe. You can bet that this means that Apple plans to shake up its retail presence and stay on the cutting edge of selling.

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The vast majority of organizations are surprisingly slow to reshuffle their resources. When we conducted a large-scale analysis of the reallocation patterns of multibusiness companies, for instance, we found that most of them awarded each business in their portfolio an unchanging percentage of total corporate capital year after year between 1990 and 2005. Yet the returns were higher and the volatility lower at organizations that reallocated more actively.

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It seems obvious that entrepreneurs must be able to talk well to sell their products. After all, you have to be a salesman to convince your customer to choose your technology over others.

But here’s the thing that some entrepreneurs tend to forget: You also need to listen well. Before you pitch your product to customers, let the customers do the talking.

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I feel for the journalist, because I see in them the same geekery that inhabits my fellow software developers.

They’re different in detail but identical in kind.

They work in packs, but the individual has something to prove. They labor in parallel, joining together just before release. They enjoy the artful skill of their fellow producers, and genuinely want success for the person sitting to their left, but secretly want to demonstrate their own superiority, and find more fulfillment in the achievement of that respect than that of their readership.

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LEE NEWMAN: One innovation of great importance would be the use of technology to facilitate feedback. The research findings are unequivocal: Immediate and specific feedback is among the most critical ingredients in the learning process—and yet this type of feedback is still so rare, even in top educational institutions. The economics of education exerts a quite visible hand on both the number of students per teacher as well as how much teachers are paid. Ultimately, these two economic forces limit both the quantity and quality of feedback that students receive. This needs to change, and technology holds great promise for making this change happen.

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It’s beginning to look as if the future of healthcare is here. Well, almost. In the healthcare industry, technology and legislation are poised to collide. Legislation, such as the Affordable Care Act, is changing the way providers treat their patients. Meanwhile, technology including mobile devices, social software and big data-driven apps that revolutionize business and consumer lifestyles are now filtering into healthcare.

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Question: What’s the best way to balance having kids while also running a startup?

1. Schedule, Schedule, Schedule

“As an entrepreneur who is also a mom to a 19-month old, I understand balancing work and kids while running a business. The key is to schedule out as much as you can, but maintain some flexibility. I have a set work day but I also know that if I wake up and my daughter is sick, it’s going to mean shifting things around. Most days though, I work my full day and then leave to be with her 100 percent.”

- Erin Blaskie | CEO, Erin Blaskie, Digital Strategist 

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The day's purportedly most important meal is more than meets the eye: science shows that the when and what of your breakfast transforms how your mind works the rest of the day.

How so? As a new paper published in the Frontiers of Human Neuroscience argues, breaking your fast is a many-faceted thing. Authors Tanya and Eugene Zilberter scoop up platefuls of research on meals and contend that breakfast in many ways shapes who you are--whether you can handle glucose or not, how old you are, and other factors--and what you're eating has different outcomes for your mental life.

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“This has been an amazing experience,” observed Victoria Kisyombe, an entrepreneur who founded a leasing company in Tanzania to help other entrepreneurs gain access to the coolers and freezers, sewing machines, baking ovens, gravel-making machines, or tractors and trucks they needed to pursue their dreams. “It is a business that allows me to give to others, but has simultaneously contributed so much to my own personal development.” Victoria’s experience is both unique and commonplace throughout the emerging economies and developing countries. Myriad women entrepreneurs have launched a business, some in response to a perceived opportunity, many out of necessity given a lack of viable alternatives.

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You know the old adage, "Don't shoot the messenger." Well, it's wrong. If you're a leader and you're message isn't getting heard, chances are the problem isn't the message itself. It's the way you're presenting it.

This is the fifth in a multi-part series on how to communicate as a leader. You can check out my previous columns on how different approaches (analytical, structural, social, and conceptual) will help you get through to your team more effectively. Here I'll cover the importance of how you express yourself--and how to harness the full spectrum of expressiveness as a leader to be clearer, more trustworthy, as well as inspiring.

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Every year IBM puts together SmartCamp sessions that showcase some of the world’s most promising startups. This year, the pitching sessions for the Africa leg of SmartCamp took place at the Tech4Africa conference. “IBM SmartCamps judge the best startup companies in different cities around the globe, rewarding the winners with mentoring, services, access to industry experts and deeper partnership opportunities from IBM, venture capital firms and industry partners, says Paul Brunet, Vice President of ISVs, Startups and Academic Programmes for IBM.

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The European Comission 2010a file says that before the experts talked of smart specialization, most regional authorities applied their policies without taking into account the plurality and diversity of their contexts. And so there was a need for reassessment, in order to make way for strategies to improve competitiveness through a productive transformation of the economy based on diversification.

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Open innovation is for many a new scary, but hopefully exciting paradigm within the weird and wonderful world of innovation, data, insight, brainstorming and co-creation.

It comes with a sack full of new (or newly defined) buzzwords. It embraces and converges often with a other connected and similarly fascinating new(ish) approaches to working, such as collaboration and social. But does it work?

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Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. – Steve Jobs

When you were growing up, were the conversations at your house centered on concepts about business, or more along the line of "go get a job?"  Entrepreneurship is not a subject that is discussed regularly around the dinner table in African-American homes. There’s a lack of business traditions among African Americans and a paltry record of entrepreneurial successes.  Smaller probabilities of having self-employed parents, demographic trends and discrimination are primary reasons for the limited level of entrepreneurship in contemporary African-American communities.

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At the annual Black Hat security conference this summer, researchers demonstrated how it would be possible to add malware to an iPhone by connecting it to a modified charger. Now a mobile security startup is attempting to do the opposite, by selling a charger that can scan your smartphone for malware—and repair it, if necessary—while powering it up.

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DES MOINES | Cedar Falls entrepreneur, real estate developer and IT consultant Mark Kittrell has made a career out of starting up businesses.

Now, he is taking that expertise to a statewide level as the new president of the Des Moines-based Iowa Innovation Corp.

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Entrepreneurship education in higher education is exploding right now: 5,000 colleges and universities offered entrepreneurship courses in 2013.

Kauffman Foundation also reports that more than 500 universities have instituted majors, minors or certificates in entrepreneurship. “The Benefits of Entrepreneurship Education” podcast explores entrepreneurship in higher education with four guests very familiar with the topic: Deborah Hoover, Burton D. Morgan Foundation; Peter Abramo, College of Wooster; Julie Messing, Kent State University; and MBA student/entrepreneur JeShaune Jackson.

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The UK launch of the European Union's new programme for research and innovation, the Horizon 2020 programme, is imminent. The Nanotechnology Knowledge Transfer Network (NanoKTN) is helping to promote this €70 billion programme to tackle societal challenges by helping to bridge the gap between research and commercial organisations.

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Australia has missed out on a top ten ranking for information technology factors and related areas, according to a global innovation index that looked at 84 different indicators in 142 economies to determine which was the most innovative.

South Korea, Singapore, Hong Kong, the Netherlands and United Kingdom took the top five spots in the GIobal Innovation Index 2013 information and communication technologies ratings, followed by the United States, Germany, Sweden, Norway and Israel.

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An Initial Look at America s Creative Economy Press Release National Creativity Network

The National Creativity Network announces the release of AMERICA’S CREATIVE ECONOMY: A STUDY OF RECENT CONCEPTIONS, DEFINITIONS, AND APPROACHES TO MEASUREMENT ACROSS THE USA. The 141-page free report is the most comprehensive study to date on creative economies across America – especially focused on how regions and organizations conceptualize and track that segment of their local economy that fosters and taps imagination, creativity, and innovation to create and deliver goods, products, and services.

A total of 27 reports published between 2002 – 2012 were analyzed by the research team as a project of the Creative Economy Coalition (CEC), a working group of the National Creativity Network, and informed by the CEC National Research Advisory Council. Reports and interviews from medium and large cities and their surrounding environs, entire states, and regional studies covering many states were gathered and analyzed. Over half of the states in America are represented in the report, a testament to the widespread interest of communities to better understand, measure, and grow their creative economies. These developments are consistent with worldwide interest in creative economies ranging from longstanding creative economy efforts in the United Kingdom, many Commonwealth countries, other nations and regions in Europe, and the UN Conference on Trade and Development (UNCTAD), and recent and growing interest in South America, Africa, and Asia.

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Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. This strategy is called “organic growth,” yet it alone may yield only a fraction of the potential you could achieve, unless you add the additional strategies of partnerships and M&A (mergers and acquisitions).

Many entrepreneurs are paranoid about the partnership approach, and think that M&A is only an alternative for large companies who are flush with cash. Both of these qualms are wrong and shortsighted. Laurence Capron and Will Mitchell explain why in their book, “Build, Borrow, or Buy: Solving the Growth Dilemma.”

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The pace of mergers and acquisitions of venture-backed companies is running behind last year despite an IPO market that promises to rival 2007.

Robert Galbraith/Reuters The logo of Twitter Inc., one of a dozen venture-backed companies filing IPO paperwork publicly during the third quarter. There were 310 M&A deals through the first nine months of 2013, a 12% drop from the same period last year, when there were 353 transactions, according to Dow Jones VentureSource.

The value of this year’s activity fell 31%, to $24.69 billion from $35.74 billion a year ago.

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There’s been lots of speculation as to what the government shutdown means for the U.S. Food and Drug Administration — including various reports that our food isn’t getting inspected.

Just over half of the FDA staff members are still working. Those not furloughed are those who perform vital roles around the safety of human life, high-risk recalls, civil and criminal investigations, or certain activities authorized to be funded by carried-over industry user fees.

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The Jumpstart Our Business Startup, or JOBS, Act of 2012 will make it possible for companies to raise up to $1 million by tapping individuals through online portals, just as soon as the Securities and Exchange Commission has written the rules for these investments. Some observers claim that equity crowdfunding – these efforts to raise small amounts of equity from many people to finance a business – will "spell trouble for the guys on Sand Hill Road" and "quickly push aside more traditional capital providers like bad VCs."

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It has long been apparent that the logistics industry tends to be a leading indicator for the overall economy. During the early stages of an economic upswing, customers begin to ship more goods in anticipation of stronger business conditions. Conversely, a decrease in logistics demand may signal the beginning of an economic slump.

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Ahh, open enrollment season. It’s the time human resources and benefits professionals spend much of the year preparing for, even though many American workers don’t think twice about their health benefits from one year to the next.

However, this year, open enrollment should be given a second thought … and maybe third and fourth thoughts, too.

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Taxes aren’t usually the stuff of high drama. But a story that began last year when a California state appeals court unexpectedly struck down an old tax incentive for small-business investors—and that unfolded, in part, here in the pages of Xconomy—has, after numerous twists and turns, reached its end. On Friday California Governor Jerry Brown signed a bill quashing the state tax board’s move to levy up to $120 million in back taxes and penalties on entrepreneurs who’d taken advantage of the investment incentive in past tax years.

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How can leaders spark and sustain change in themselves and their organizations?

I devoted my doctoral research to this question and came up with an unconventional answer:  metaphors. My co-author Richard Badham and I wrote about four of them in this HBR article:  fire (representing ambition), snowball (accountability), movie (reflection) and mask (authenticity). Others include:  master chef (use of tools and frameworks), coach (internal and external support) and Russian dolls (organizational context), which I covered in this blog post.

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ScienceTake The Jellyfish Engine

The moon jellyfish is slow, but there's a reason for that. Its undulating pace allows it to swim more efficiently than just about anything in the ocean.

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On todays show David talks about both good and bad habits and how you can replace the bad ones, with good ones.

What you will learn on todays show:

  • The difference between breaking, and replacing a bad habit 
  • The role stress or boredom plays in creating bad habits 
  • Why a substitute habit is important 
  • Why cutting out triggers works 
  • The importance of a wingman or woman 
  • Using the word ‘however’ and managing negative self talk

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Flowering trees, a spa and 6-foot-tall perimeter wall await Facebook employees moving into the company's planned housing complex.

Planning documents obtained by Valleywag outline the $120 million complex's amenities.

Staffers can look forward to the building's rooftop terrace, quad featuring "flowering canopy trees" and fountain, and a backyard recreation area that includes a pool, spa and bocce-ball court. There's alsoa dog park, bike parking and an entertainment courtyard with synthetic turf.

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It what looks like something out of Willy Wonka's chocolate factory — or maybe Minority Report but with teeny tiny people — Fox News unveiled on Monday what it believes to be the future of the newsroom.

In a video posted to Fox News this morning (embedded below), anchor Shepard Smith debuted the Fox News Deck, where journalists will be on camera as they sift through posts on Twitter and Facebook to keep track of emerging news. But staffers will be using large 55-inch Microsoft touchscreens in the background of the broadcast.

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KUALA LUMPUR, Oct 8 (Bernama) -- In conjunction with the upcoming edition of the three-day Global Entrepreneurship Summit (GES) in Kuala Lumpur starting this Friday, Cradle Fund Sdn Bhd and Angels Den have commenced a business matching event themed "Ideas To Invest" (i2i).

The nine-day programme, from Oct 4 to 12 at TM Convention Centre, Kuala Lumpur brings together ICT product developers and entrepreneurs in a competition that could take their ideas and concept to greater heights.

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Brad Feld

I am so very tired of MBO-based bonuses in startups. I knew the concept of MBOs pre-dated my time in business school, but I couldn’t remember where they came from. Wikipedia reminded me – it’s another Peter Drucker creation from The Practice of Management.

I’ve only worked in what could be considered a “big” company for 18 months (1993 – 1995) and that was the company (AmeriData) that bought my first company (Feld Technologies). When they acquired us, they weren’t  big (probably 200 people) and when I left they still weren’t really big (2,000 people) but were “big enough.” So the joy, and experience, of working in a 50,000 or even 100,000 person company eludes me.

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DC Entreneurship week kicks off today in our nation's capital, with the goal of bringing together "entrepreneurial communities to provide resources, knowledge and connections for businesses to succeed." Hosted by dcew.org, this week is chock full of great events covering topics ranging from the state of the D.C. startup community, how to pitch to an investor and more. Be sure to check out their website for a complete schedule of events and speakers for the upcoming week. 

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 IMAGE: Psychologist Dr. Martin Obschonka from Jena University and his colleagues compiled the first 'psychological' maps of an entrepreneurial personality structure.

Jena (Germany) Entrepreneurship plays an important role for the prosperity of today's modern societies. Those who want to found a company under their own steam and who want to make it an economic success, need more than a good idea and the necessary expertise. Business founders usually are characterized by a quite specific entrepreneurial personality structure. Great companies with long traditions are proof of this, as well as numerous scientific studies. "People with an entrepreneurial personality structure are more open to new experience, more extravert and conscientious. Moreover, they are less anxious and don't tend to avoid conflicts with others," Dr. Martin Obschonka of the Friedrich Schiller University Jena (Germany) explains. Such a personality structure doesn't come from nowhere. According to the psychologist it is much rather a result of genetic factors and also of experience.

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A total of 284 researchers are to receive up to €3.5 million each for basic research, while 33 top-up grants will test the commercial potential of leading ideas.

Researchers across Europe have won grants from the European Research Council (ERC) for projects including exploring the limits of life on Mars and considering the inequalities in capitalist societies, as well as closer-to-market activities such as the development of a tablet PC-based application for detecting consciousness after coma in real-time and creating a web-based tool to make digital mapping more accessible to non-expert users.

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No great strategy was born without careful thought. That’s why the process of planning a strategy itself is an important vehicle for setting priorities, making investment decisions, and laying out growth plans. But for many companies, the activity has devolved into either an overexplained budget or just bad amateur theater – lots of costumes in the form of analysis, charts, and presentations – but with very little meaningful substance that can be translated into action. As a result, many strategic plans end up as shelf decorations or hard-to-find files in crowded hard drives.

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By the middle of the 19th century, rapid urban growth spurred by the industrial revolution had created urgent social and environmental problems. Cities responded by building centralized networks to deliver clean water, energy and safe food; to enable commerce, facilitate transportation and maintain order; and to provide access to health care and energy. Today these century-plus-old solutions are increasingly inadequate. Many of our cities are jammed with traffic. Our political institutions are deadlocked. In addition, we face a host of new challenges—most notably, feeding and housing a population set to grow by two billion people while simultaneously preventing the worst impacts of global warming.

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Brad Feld

This morning my partners at Foundry Group and I announced that we are going to make 50 seed investments of $50,000 each on AngelList between now and the end of 2014. We’ll be doing this via AngelList’s new Syndicate approach through an entity called FG Angel where we will create a syndicate of up to $500,000, allowing others to invest $450,000 alongside anything we do. For now, we are using my AngelList account (bfeld) which I’ve renamed Brad Feld (FG Angel). We are working with Naval and team at AngelList to get this set up correctly so that a firm (e.g. Foundry Group) can create the syndicate in the future, at which point we’ll move the activity over to there.

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In 2017, as many as six communication satellites could begin transmitting weather data to Earth, vastly improving storm warning systems across the globe. The first of the state-of-the-art hyperspectral atmospheric sensors to collect that data was developed by the Utah State University Advanced Weather Systems Laboratory and funded by the Utah Science, Technology and Research initiative.

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75 billion.

That's the holy-@$#! number of devices that Morgan Stanley has extrapolated from a Cisco report that details how many devices will be connected to the Internet of Things by 2020. That's 9.4 devices for every one of the 8 billion people that's expected to be around in seven years.

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CAMBRIDGE, MASS. — Cydan, LLC, an orphan drug accelerator that identifies and de-risks programs with therapeutic and commercial potential, today announced that the company has expanded its initial round of financing, bringing its total financing raised to $26 million. Cydan launched in April 2013 with a $16 million financing from New Enterprise Associates (NEA), Pfizer Venture Investments and Alexandria Venture Investments. New investors Lundbeckfond Ventures and Bay City Capital led the $10 million expansion of this round of financing and were joined by Cydan’s previous investors NEA and Alexandria Venture Investments. In conjunction with this investment, Lundbeckfond Ventures Managing Partner Mette Kirstine Agger, MBA and Bay City Capital Investment Partner and Managing Director Carl Goldfischer, M.D., are joining Cydan’s Board of Directors.

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Interactive Map Best Hospital IT Departments 2013 Healthcare IT News

"Midwest is best," as the bumper sticker will tell you, and now many of the winning staffs in the 2013 Best Hospital IT Departments program have an additional reason to boast: The majority reside in Midwestern states. View this interactive map to learn more about the geographical distribution of this year's top departments.

Click the markers to see information about each hospital. To move the map, click and hold the map and drag it in any direction.

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If you think success is hard, how about taking a step back and seeing what looking at yourself in the mirror 20 years from now will feel like if you choose to fail. Yep, I said choose. And this doesn’t just happen on January 1st of each year with another resolution. The choice to succeed in life and business is one I make daily. Here are 6 things that I have incorporated into my daily dose to become my best CEO.

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On July 31, 2013, the US Bureau of Economic Analysis released, for the first time, GDP figures categorizing research and development as fixed investment. It joined software in a new category called intellectual-property products.

In our knowledge-based economy, this is a sensible move that brings GDP accounting closer to economic reality. And while that may seem like an arcane shift relevant only to a small number of economists, the need for the change reflects a broader mismatch between our digital economy and the way we account for it. This problem has serious top-management implications.

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As the German Center for Research and Innovation (GCRI) approaches its fourth anniversary, its mission remains focused on strengthening transatlantic collaboration in science and technology.

NEW YORK (October 1, 2013) – The German Center for Research and Innovation (GCRI) is proud to announce the release of its third Annual Report. Since its launch in 2010, GCRI has created and cultivated a multidisciplinary ecosystem conducive to the cross-fertilization of ideas. In 2012, GCRI events continued to attract a diverse audience from academia, industry, and government, making the Center a nucleus for creative individuals interested in sharing new ideas and developing international collaborations.

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The only certainty about BlackBerry’s future is that it’s completely uncertain. Yes, there’s a buyout offer on the table from Fairfax Financial Holdings under Canada’s ‘Warren Buffett’ Prem Watsa, but that bid itself is filled with questions. The problem is not whether BlackBerry is going to be taken private or not. Rather, its whether it’ll exist at all in its current state in 12 months time.

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I’m an internet entrepreneur — and part of a new wave of business creators spurred on by the invention of the internet almost 20 years ago. The internet is a new way of life that has disrupted established industries and business models and therefore created new opportunities and gaps for entrepreneurs. The internet has caused the dramatic fall in barriers-to-entry to create businesses. Most internet businesses need little infrastructure and capital. Distribution and marketing has never been easier and cheaper (thank you, social media). Internet-based businesses are easier, faster to start and are very profitable. And on the back of this, entrepreneurialism has become sexy and a viable option for graduates.

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MYSTIC, Conn. — On her trainer’s command, an alabaster-skinned beluga whale named Naku placed her chin on the deck of her outdoor pool and exhaled several times, emitting a hollow “chuff” sound with each breath. The vapor rose into a petri dish a researcher held over her blowhole.

 Those tiny drops contain a wealth of information, it turns out. Researchers at Mystic Aquarium and elsewhere are learning how to use the breath, or “blow,” of whales and dolphins to extract and measure hormones, microorganisms, DNA and the byproducts of metabolism.

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Have you ever wanted to fly like an eagle? Float through the ocean like a turtle? Thanks to the increasing popularity of GoPro and other point-of-view portable cameras, you can have the next best thing.

Documentarians and animal enthusiasts alike have strapped cameras onto a variety of critters for research, or harmless amusement.

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The momentum a company builds in its first few weeks can signify its potential to soar — or, alternatively, the inevitability of its failure. That's why contests like the Shopify Build-a-Business Competition are so great: They can predict the success of a startup early and help companies identify the weaknesses in their business models before they officially launch.

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Alexander Calderwood, co-foudner of the Ace Hotel, was interviewed in the ’10 issue of Entrepreneur magazine. In addition to an interesting article, reporter Jennifer Wang summarized Calderwood’s philosophy on how to be cooler than the competition. Three years later the Ace is just as cool. Here’s the advice:

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Babson College has rolled out a new version of its award-winning Foundations of Management and Entrepreneurship (FME) course that requires all first-year undergraduate students to start and run a business and to donate profits to charity.

For more than 20 years, FME has trained student teams of entrepreneurs in the art of conceiving, launching, and managing a company. Now through FME 2.0 they work in smaller teams and receive far more training than ever before in management and teamwork issues.

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Age of Context is a new book by Robert Scoble and Shel Israel that is a must-read for anyone who is interested in the future of technology, social media, digital and business. The book details how companies are using the convergence of five key forces (mobile, social media, data, sensors and location) to create a new wave of smarter products and services. The book is fascinating and should get you excited about how technology is going to change our lives in the near future.

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The Danish government will call a referendum to join the EU's Unified Patent Court within the next few months, according to the newspaper Berlingske Tidende.

According to the newspaper, the government has included a bill in its upcoming legislative proposals to join the Unified Patent Court, if this is approved in a referendum.

Because Denmark has an opt-out from EU legislation on Justice, if more than 80% of MPs do not support the idea, the government must call a referendum, which would have to take place before next June.

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A growing number of entrepreneurs and investors are determined that innovation is the way out of the country’s mess, and they're creating apps to help regular citizens deal with complicated life post-revolution and military takeover.

In post-revolutionary Egypt, where young people make up a quarter of the population, the number of startups, incubators, competitions, and angel investors has grown into a rapidly evolving sector.

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Startups are typically the result of a solved problem or an unmet need fulfilled. If you’re interested in becoming an entrepreneur or starting a new venture, you need to pay close attention to a few simple but important steps in order to get started on the right foot.

People always say that the idea is the hardest part. I could not vehemently disagree more. Anyone that has ever started a business knows that the execution of the idea is far more challenging than the idea itself. But if you want to start a new venture, an idea is important. So let’s start there.

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Sept. 24--Sprint Corp. has launched a business start up program in Kansas City with the same partner that Microsoft brought to Seattle and Nike to Portland, Ore.

Techstars, based in Boulder, Colo., has worked with more than 300 young companies through 11 business accelerator programs like the one Sprint announced Tuesday.

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During the week, we consume words in snackable, tweetable bites. But on the weekends, we have the time to take a dive into the murkier, lengthier depths of the Internet and expand our attention spans beyond 140 characters. We can brew a cup of coffee and lie back with our iPads, laptops, smartphones and Kindles.

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EBay Inc. today confirmed its agreement to acquire Chicago-based Braintree Payment Solutions LLC for $800 million in cash. The acquisition stands to accelerate PayPal’s revenue growth from smartphone and tablet users, The Wall Street Journal reports.

Braintree raised a total of $70 million from investors, most recently a $35 million Series B round last October. New Enterprise Associates led that round, joined by Series A investors Accel Partners, Greycroft Partners and RRE Ventures.

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Today, there’s a social network for just about every interest and demographic. People use social media for everything from landing a job to finding old friends, from promoting a business to pure entertainment.

For small businesses, social media can be a key driver for online marketing. One of the golden rules is to make it easy for people to help you spread the word about your business—and one-click social sharing buttons are as easy as it gets.

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Rollups are a subject near and dear to my hart: I am currently involved in my 3rd rollup over the last 16 years, during which time my business partner, our team, and I have acquired 100 companies.  What is unusual about my experience is that all three have been successful (although, as is typical of any business, there have been many sleepless nights along the way).

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This image released by Tesla Motors shows a conceptual design sketch of the Hyperloop passenger transport capsule. Billionaire entrepreneur Elon Musk on Monday, Aug. 12, 2013 unveiled the concept for a transport system he says would make the nearly 400-mile trip in half the time it takes an airplane. The

Elon Musk's vision of high-speed travel through a set of tubes linking San Francisco to Los Angeles may be one small step closer to reality.

A business incubator in Southern California has formed a team to take Musk's Hyperloop idea and turn it into a company. And that team includes the former director of mission operations at Musk's private spaceship company, SpaceX.

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It’s been a whirlwind month for the crew at Galvanize. Even more so than usual.

Galvanize, an incubator/co-working community in Denver, is not even a year old, but during that time it has become the focal point of Denver’s tech startup community. Just ask Google.

On Wednesday, Google (NASDAQ: GOOG) announced it had selected Galvanize to be the home of the Denver outpost in its “tech hub network.” Denver is one of only seven cities in North America to make the cut.

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With an estimated 2.3 million Americans behind bars, the U.S. incarcerates a larger percentage of its population than any other nation on Earth. As a result, one out of every 28 children grows up with a parent in jail--an average of one child per classroom.

These numbers are the reason why Sesame Workshop has created Alex the Muppet, the first Sesame character to have a father in prison. He’s an average kid who has some extra baggage in life and is struggling to cope.

U of L entrepreneur-in-residence Suzanne Bergmeister talked about business plans during a recent Launchpad Lecture series event.

Are business plans dead?

University of Louisville entrepreneur-in-residence Suzanne Bergmeister asked that question during a recent Launchpad Lecture, a series produced by Greater Louisville Inc.’s The EnterpriseCorp. The Launchpad Lecture series, which was held earlier this month at the Muhammad Ali Center, is intended to get U of L professors out of the classroom to share their knowledge with the general public.

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We all know entrepreneurs who have overcome adversity, like the recent business recession or personal setbacks, and achieved success. There are famous people like Walt Disney and Nelson Rockefeller, who overcame learning disabilities, and people like J. C. Penney and J. K Rowling who struggled through personal bad times before finding their true legacy.

I’ve always been interested in how this works, and why it’s true. I’ve listened to several speakers with personal stories of overcoming adversity, and the message is always that tough times can make you stronger, wiser, and better. I’ve seen real examples, so I believe it, but the how and why are more elusive.

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We live in a lopsided universe: That has been a lesson that cosmologists have learned from examining the detailed structure of the radiation left over from the Big Bang. Now, two cosmologists show that the data are consistent with a Universe that is curved slightly, similarly to a saddle. If their model is correct, it would overturn the long-held belief that the cosmos is flat.

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Are you confused about how to proceed with your hottest project? Baffled? Bamboozled? If so, take heart! Confusion is not always a bad thing. In fact, it's often a necessary part of the creative process.

The weirdness enters when you start judging yourself for being confused. Then, instead of benefiting from this normal stage of "not knowing" you end up in endless rounds of self-talk, procrastination, and worry.

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For years, Staples, the office supply chain, used an advertising campaign featuring the "easy button." While we all wish this button actually existed, most know that implementing new technology processes isn't easy — especially for smaller educational programs. Small universities have fewer resources and fewer employees, and they can't afford to spend as much money on technology as their larger counterparts. With a smaller margin for error, small schools need to make the best decisions possible when selecting technologies that can help them better educate their students.

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There are dozens of well-known examples of billionaire businesspeople without college degrees. (Michael Dell, Bill Gates, Steve Jobs, and Mark Zuckerberg will get that list started nicely.) What may surprise you is that the category of people most likely to start a business are high school dropouts. Clearly, formal qualifications are not a requirement for success in business.

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Breaking News and Opinion on The Huffington Post

Obamacare is, as Joe Biden called it, a "B.F.D." for veterans and their families. That brings us back to Ted Cruz, and his Tea Party allies in the House. They're now trying to block veterans and their families from getting affordable health insurance. And if they don't get their way? They'll shut down the government. That would be an unmitigated disaster, in terms of health care for those troops and veterans who actually do have it right now through the Department of Defense or VA. In short, the two options being offered up by Ted Cruz and the Tea Party -- defunding Obamacare or shutting down the government -- only serves to hurt the health of troops and veterans, and their families.

Arianna Huffington

The thing about meeting Arianna Huffington is that it’s kind of magical: coconut water appears in your hand, books alight upon your lap, and nestled amid the tension of the Huffington Post newsroom, her office is a pocket of tranquillity, even with the muted big screen of cable news and assistants darting in and out with this or that beverage.

Arianna Huffington

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When I started out in the food service business over four decades ago, corporate food was largely cafeteria-style dreck. But today, food is playing a role far beyond just keeping employees fed and sustained. What once was a distraction has become a great way of integrating work and life. In my work supplying food for some of the most innovative companies, I’ve found that making food – and great food experiences – part of everyday office life can make employees happier and more productive.

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Whether you’re a digital start-up or an institutional entrepreneur, three simple heuristics offer an excellent way to determine whether a fledgling innovation initiative should be put out of its misery (and yours).  Even if the innovation business case appears compelling and its numbers sound, should these three pathologies appear, don’t hesitate or delay: Kill your innovation effort ASAP.

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Nina Nashif is founder and CEO of Healthbox, a Chicago accelerator that is expanding its healthcare IT program to cities around the nation. Next stop is Nashville, where seven startups joined the program this month. Laura Baverman

Freelancers might want to give this New Jersey startup a try: 30 Second Showcase,which gives freelancers a way to customize a 30-second pitch to potential clients. Or, how about a technology called ShareWatts that lets anyone wirelessly transfer battery charges between mobile devices, which would be a real boon at an all-day tech conference, with few electrical outlets and lots of mobile technology required.

 

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Geoffrey Clapp thinks a mobile app can make health care better—so much so, in fact, that his upcoming app is called just that: Better.

The app is being tested at the Mayo Clinic, which is an investor in Clapp’s startup, and is slated to launch in October. It aims to let people use a smartphone to reach a doctor, find a diagnosis, or keep track of their medical records. Storing personal medical data and using health-tracking features will be free, but users will be charged monthly fees for instant access to nurses and health coaches.

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During a “demo day” in Silicon Valley last August, entrepreneur Mattan Griffel took the stage with a well-practiced, carefully timed pitch.

“We teach people how to code, online, in one month,” said Griffel, adding meaningful pauses between the words. The startup he cofounded, One Month Rails, will “change the face of online education,” Griffel promised.

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It wasn’t Nasty Gal CEO Sophia Amoruso’s fancy degree, tailored business suit, or five years of investment banking background that grew her e-commerce venture into a $128 million company, which has been courted by major potential buyers as of late.

In fact, she had none of those things at first. She launched her business as an eBay store out of her San Francisco apartment six years ago. Believe it or not, that same small business is now one of LA’s most rapidly growing tech companies.

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Connect, the San Diego nonprofit supporting local innovation and entrepreneurship, has hired an executive search firm to help the organization recruit a new leader following the death of Connect CEO Duane Roth.

Roth, who led Connect for nearly nine years, suffered a traumatic head injury in a July 21 bicycling accident in the mountains east of San Diego. He was hospitalized at the UC San Diego Medical Center in Hillcrest, but never recovered from his injuries. He died Aug. 3. He was 63.

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Sprint (NYSE: S) is upping its mobile health game in a new partnership with Techstars. The mobile service provider and its startup accelerator partner will fund and mentor 10 health technology ventures next spring as they launch the Sprint Mobile Health Accelerator.

Based in Sprint’s hometown of Kansas City, the accelerator will provide selected companies with three months of mentorship, work space, technical support, hosting services and testing labs. Companies will receive $20,000 in exchange for 6 percent equity given to Techstars. They will also have the option of accepting a $100,000 convertible debt note from Sprint, which would take an undisclosed percentage of equity as well.

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Warby Parker started with a casual conversation among friends. Four Wharton MBA students were hanging out one morning on campus, and one of them, Dave Gilboa, happened to mention how annoyed he was with the high price of eyeglasses. They talked over the problem a bit, wondering if glasses might somehow work as an online business. "I remember going home and just constantly thinking about this idea, having trouble going to sleep that night," recalls Neil Blumenthal, who, along with Gilboa and the other two friends, founded the transformative web retailer in 2010.

Image: David Gilboa and Neil Blumenthal 

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You don't have to purge technology from your life; Alex Soojung-Kim Pang argues that you can get the Information You Need and the Communication You Want, Without Enraging Your Family, Annoying Your Colleagues, and Destroying Your Soul. Here's how.

There’s a Louis C.K. video that has been making the Internet rounds recently. As a guest on Conan, the comedian begins by telling Conan O’Brien that he’s not getting his daughters cell phones. “I think these things are toxic, especially for kids,” C.K. says, “They don't look at people when they talk to them and they don't build empathy.” C.K. goes on to talk about how our technologies distract us from the true range of feelings: “You never feel completely sad or completely happy. You just feel kind of satisfied with your product. And then you die.”

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Innovation is always infectious. But our recent research has taught us a lot about how management innovations can travel — in this case, from Silicon Valley tech sector companies known for their experimentation and agility in information technology (IT) management to the much older Bay Area companies who are their neighbors.

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As director of Intel’s interaction and experience research group, anthropologist Genevieve Bell helps the company understand how the chips and other products developed in its labs might fit into the world of humans. Her team of social scientists, designers, and engineers interview and observe people in countries around the globe to understand how they use and think about technology.

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Best Buy may be flailing, but confronted with vigorous competition from Amazon and other e-commerce retailers, it's also bringing America a service Japanese customers have enjoyed for years: specialized, high-end vending machines. Japan is infamous for its vending machines for used skivvies, but in Japan they also use vending machines to sell live crabs, fried chicken, Buddhist amulets, porn, canned bread, sake, umbrellas, raw eggs, balloons, and even Smart Cars.

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On September 9, 2013, MaRS Innovation held a reception to formally celebrate its successful $15-million extension from the Networks of Centres of Excellence’s Centres of Excellence for the Commercialization of Research program.

Guests included Rona Ambrose, Minister of Health; the Honourable Reza Moridi, Ontario Minister of Research and Innovation; and Wendy Tilford, Ontario Deputy Minister.

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"It is not what you have, but what you do with what you have." — Joseph Schumpeter

A healthcare organization that fails to innovate will eventually cease to exist. The healthcare organization that will survive and thrive is the one that can take its available resources and identify new, innovative ways to deliver customer-centric services.

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It’s strange how sometimes two studies, on the same topic, can be published within hours of one another; but with markedly differing conclusions. That was the case last week and the topic was innovation.

When it comes to getting the most out of innovation, Ireland is almost top of the class in Europe. That’s according to the European Commission’s proposed new “Indicator of Innovation Output”, which was published late last week. With a score of 124.8, well above the EU average of 100, the tracker places Ireland third in the table, and suggests we are good at bringing clever new ideas to the market. And as the Commission points out, that means jobs and an improvement in competitiveness.

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How are you doing? “Busy,” I’ll bet.

We’re living in the age of “busy,” and logically, there are only two ways to escape its tyranny: Work less or create more hours in the day. The latter certainly seems physically impossible, but Jonathon Keats thinks the problem is with the physics: We forgot about relativity!

“Einstein did all the hard work of coming up with relativity, but honestly he wasn’t thinking about it in very pragmatic terms,” says Keats. “That’s the piece that Spacetime Industries brings into this puzzle.”

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Pathways to Quality Measurement Through Health IT is a 2-year, AHRQ-sponsored initiative that enables advancements in health IT-enabled quality measurement and reporting by identifying strategies, a health services infrastructure, and research issues related to health IT-enabled quality measures. Reports and other materials emanating from this initiative will culminate in the development of a strategic plan to improve health care quality enabled by health IT.

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No I’m not shilling for Sheryl Sandberg or Victoria’s Secret here, although I’ve read one and worn the other. And I’m not talking about women vs. men, either.

What I’m talking about is your career, and I mean YOU, no matter what your DNA or externals say about your gender. Many of us are in the habit of playing down our assets, and while there are some good reasons for doing that, there also are some not-so-good reasons.

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The Montana Board of Research and Commercialization Technology has funded 12 research grants that have a clear path to commercialization. The grants totaled $1,108,929. The awards are for projects in Havre, Butte, Billings, Missoula, Bozeman and Kalispell.

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On July 31, Massachusetts imposed the largest and broadest tax on computer and software services in the nation. The tax targets innovation — the very core of the state’s economic future—impacting thousands of businesses, large and small, in every sector of the economy. Many of our competitor states are moving in the opposite direction — at least 15 states offer tax incentives related to software, computer services, or data centers because the jobs are highly mobile and can be performed remotely.

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This week, FDA issued final guidance on incorporating and integrating radio frequency wireless technology into medical devices, Bloomberg BNA reports. In a blog post on Tuesday, FDA Senior Policy Adviser Bakul Patel wrote, "Our goal is to help industry develop a range of innovative, safe and effective medical devices that incorporate wireless technology, which can, in turn, help reduce health care costs, enhance quality and benefit patients and providers alike" (Weixel, Bloomberg BNA, 8/14).

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XLerate Health, a Louisville-based accelerator for early-stage, health-related companies, has selected six companies to participate in its inaugural class. The accelerator’s 10-week intensive immersion program began Monday and runs until “Demo Day” on Oct. 25.

Selected companies include:

Medical Search Technologies, Chicago: Medical Search Technologies Inc. offers a cloud based text-mining platform for life sciences research and marketing and patient outcomes research. The platform is designed to extract quantitative and qualitative information from leading published biomedical journals, EMRs, FDA drug labels and patient forums. It is used for drug discovery and repurposing, mapping of genes and receptors, drug comparison studies, biopsy and pathology analysis, discovering which treatment modalities are most effective, and any other application that requires analyzing unstructured text. The company is led by an experienced, multidisciplinary team of entrepreneurs, physicians, and software developers.

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A surge in business ownership is creating a new wave of opportunities for female entrepreneurs. Yet while the number of women-owned firms has increased, the smaller-than-average size of these businesses shows there’s still plenty of room for growth.

The number of women-owned firms in the U.S. grew 59 percent between 1997 and 2013, one-and-a-half times the national average, according to a 2013 American Express report on the State of Women-Owned Businesses. About 8.6 million women-owned businesses in the U.S. are now generating more than $1.3 trillion in revenues and providing jobs for 7.8 million workers.

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A new type of memory chip that a startup company has just begun to test could give future smartphones and other computing devices both a speed and storage boost. The technology, known as crossbar memory, can store data about 40 times as densely as the most compact memory available today. It is also faster and more energy efficient.

The technology’s ability to store a lot of data in a small space could see it replace the flash memory chips that are the basis of memory cards, some hard drives, and the internal storage of mobile devices. Data can be accessed and written to crossbar memory fast enough to see it also possibly compete with DRAM, used as short-term memory, in computing devices. The technology is significantly more energy efficient than both flash and DRAM.

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The FDA has stamped an OK on GlaxoSmithKline's HIV drug dolutegravir--to be sold as Tivicay. The approval marks another key advance for Glaxo ($GSK) on the regulatory front this year, providing a blockbuster candidate that analysts believe should do very well in competing against Gilead's ($GILD) rival therapies.

"HIV-infected individuals require treatment regimens personalized to fit their condition and their needs," said Edward Cox, M.D., M.P.H., director of the Office of Antimicrobial Products in the FDA's Center for Drug Evaluation and Research, in a release. "The approval of new drugs like Tivicay that add to the existing options remains a priority for the FDA."

Image Caption: Juvenile cobia (Rachycentron canadum) in aquacultures. Credit: NOAA Central Library.

University of Maryland researchers announced last week they have been able to successfully turn a fish known for eating anything, the cobia, into a vegetarian.

While altering any animal’s diet may seem unnatural or even wrong, the biologists said the development could mean big bucks for the seafood industry.

“Aquaculture isn’t sustainable because it takes more fish to feed fish than are being produced,” said Aaron Watson, a graduate assistant at the university’s Center for Environmental Science. “But a new vegetarian diet might change everything.”

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The United States Food and Drug Administration (FDA) approved Tivicay, GlaxoSmithKline Plc's drug targeted at HIV-1, the most common strain of the virus that causes Aids.

The drug, known generically as dolutegravir, is intended to be taken daily in combination with other HIV drugs

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For one, it’s hard. I mean, let’s face it – every single time I sit down to “get something done”, it almost never happens. At first, I thought it was just me. I thought that maybe there was some malfunction in my brain that made it physically impossible for me to focus on important tasks when the sweet, sweet Facebook newsfeed is only a click away. It’s sad, actually. The F key on my Macbook is starting to fade out. What’s even sadder is that oftentimes I don’t even WANT to be on Facebook (or insert your poison of choice). I just feel drawn to the distraction like a moth drawn to light. Don’t even get me started on Netflix. I’ve literally watched over 5 years of Weeds this week alone.

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PitchBook has released its quarterly Private Equity and Venture Capital Benchmarking & Fund Performance Report. Powered by the PitchBook Platform and sponsored by RR Donnelley, this report examines more than a decade of global PE and VC fund performance. Several metrics are featured in this report, including IRRs, fund return multiples, fund cash flows and PitchBook?s NAV Index. We've also added a new performance metric known as Public Market Equivalents (PME). Using indices from Russell Investments to develop PME vehicles, the report compares the relative performance of alternative asset classes against public equities. Some highlights include:

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America's economic growth is driven by twin engines -- the stability and success of the world's strongest middle class, and the ingenuity and drive of our country's entrepreneurial spirit. These two forces are inextricably linked; a strong middle class fosters innovation and encourages entrepreneurs to start their own businesses, which in turn creates good jobs that support a growing economy and an increasing middle class.

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Dean Alle, an entrepreneur with a PhD in atomic and molecular physics, has been named as the new entrepreneur-in-residence at Queensland’s University of the Sunshine Coast.   Alle, who founded his intellectual property and commercialisation consulting firm BwiseIP in 2005, told StartupSmart Australian entrepreneurs have great ideas but can struggle to commercialise them effectively, and his focus would be on enabling young, emerging entrepreneurs to do so effectively.

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Amazon CEO Jeff Bezos

Jeff Bezos is by far the most interesting of the tech industry CEOs. He’s the new “Steve Jobs” in terms of being able to attract the same type of attention to his every move. Will he be able to guide society into a welcoming, bright digital future in the same way Steve Jobs was able to educate and show how things could become?

It is striking to see how many chief executives see their most important responsibility as being the leader of the company’s culture. According to Ginni Rometty, CEO of IBM, “Culture is your company’s number one asset.” Her counterpart at Microsoft, Steve Ballmer, has said, “Everything I do is a reinforcement or not of what we want to have happen culturally.” In another typical remark from the C-suite, Starbucks Corporation CEO Howard Schultz has written that “so much of what Starbucks achieved was because of (its employees) and the culture they fostered.” Researchers such as former Harvard Business School professors John Kotter and James Heskett have also found consistent correlation between robust, engaged cultures and high-performance business results (as described in their book, Corporate Culture and Performance (Free Press, 1992)). But most business leaders don’t need that evidence; they’ve seen plenty of correlation in their own workplace every day.

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My internship at LinkedIn has provided me with a wealth of perks: great work experience, free food, influential speakers, and most recently a trip to Disneyland. Among the long list of incredible perks I received as an intern, the one perk that stands out the most – and lasts the longest – is the direct and open access to people and knowledge.

As an intern, it’s important to be proactive about getting to know your colleagues, gaining more knowledge and expanding your professional network along the way. It can be difficult to speak up in a crowd, especially if you tend to be shy like I am, but the reward can be amazing. I’ve found in my experience that an effective way to do this is to ask questions.

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Money may not make the world go round, but it does keep companies innovating. The Small Business & Technology Development Center has made formal a longstanding relationship with BBCetc., an Ann Arbor-based development consulting company with a specialty in helping businesses secure federal grant funding for commercialization and growth.

The partnership will utilize BBCetc.’s extensive background in federal research grant proposals with the SBTDC’s statewide organization and presence to assist companies with writing proposals specifically for the Small Business Innovation Research and Small Business Technology Transfer federal research grants.

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Startup Day Across America on August 29 - Feld Thoughts

Though it may seem as if politicians in Washington, D.C. have a hard time agreeing on anything, those on both sides of the aisle seem increasingly keen to support entrepreneurs and their communities. Some recent examples include the passage of legislation expanding crowdfunding under the JOBS Act and meetings similar to one hosted last month by the Global Accelerator Network in which we worked with the Small Business Administration to gather 16 accelerators to demo their programs for the White House and SBA funders.

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Finding the right investor – active in the right sector, at the right stage in their fund, similar values and goals – can make or break a startup founder’s plans. 

The latest quarterly reports from Dow Jones VentureSource can’t make an introduction but can at least suggest which firms are currently spending venture capital in Europe. The mainstays this year so far are High-Tech Gründerfonds (HTGF), SEED Capital Denmark, CDC Enterprises and Index Ventures, who made it into the top nine most active investors for both Q1 and Q2 2013 (by number of deals completed).

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What The Millennial Doesn't Know About Social Media – ReadWrite

Many startups are primarily staffed by 20-somethings that want to save the world... or at least enable you to use your smartphone to make that food truck purchase. While millennials bring a great deal of creativity and energy to a startup, there's one area they lack: experience. While this isn't always a negative, in the area of social media it's almost a deal-killer.

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A US start-up that’s created a nifty device that lets users find items via smartphone has raised 130 times its original crowdfunding goal this week, with 49,586 customers raising $US2.6 million ($2.85 million).

Co-founded by Mike Farley and Nick Evans, Tile is a US-based Bluetooth low-energy device that can be attached to frequently misplaced or important items. Users can locate items via their smartphone.

Crowdfund Your Startup with These 6 Sites » The Epoch Times

The hundreds of crowdfunding sites available to help raise money online can be broken into 2 main model types: donation-based and investment crowdfunding. Within these models, sites offer a variety of niche focuses. With your startup costs and particular business concept in mind, find help to crowdfund your startup with these 6 sites. 

Believers Fund  Believers Fund offers the opportunity to explain why your mobile app idea is unique. This crowdfunder allows you to pitch your app to an expert panel made up of industry experts. Your idea will be screened based on the project’s practicality and your commitment. Apps that receive a score over 70% are given a AAA Certified label, which enhances funding chances. 

Philips Healthcare to establish Israeli incubator - Globes

Since 2009 the three three incubator programs operated by NYU-Poly have helped startups raise $60 million capital, generated $251 million in economic activity, and created 900 jobs, according to a new impact report released by NYU-Poly in conjunction with the fourth anniversary of the Varick Street incubator. NYU-Poly also operates an incubator in DUMBO and a NYSERDA-sponsored NYC ACRE cleantech incubator co-housed with Varick Street, and will open a new facility in downtown Brooklyn soon. 

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On July 10, the Securities and Exchange Commission ("SEC" or the "Commission") approved final rules eliminating the decades-old prohibition against general solicitation and general advertising in all Rule 144A offerings and certain Regulation D transactions, as required by Title II of the JOBS Act. The new rules (the "General Solicitation Rules") permit issuers, including start-ups, hedge funds, venture capital funds and private equity funds, to promote their offerings to the general public over the Internet, in traditional print and broadcast media, at public seminars, and through other means. For many issuers, the General Solicitation Rules will significantly impact the way that they raise capital.

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Federal agencies that fund at least $1 billion in outside research each year would create new grant programs to help transfer federally funded research into the marketplace, under a draft bill being considered by a House subcommittee.

Currently, agencies that meet that $1 billion threshold must participate in the Small Business Technology Transfer Program, where 0.35 percent of their outside research budgets supports joint proposals developed by small businesses and nonprofit research organizations. Under the draft bill (.pdf), those agencies could also spend up to 0.05 percent of their outside research budgets on a new Innovative Approaches to Technology Transfer Grant Program.

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A city at its best, wrote the philosopher René Descartes, provides “an inventory of the possible.” The city Descartes had in mind was 17th-century Amsterdam, which for him epitomized those cities where people go to change their circumstances and improve their lives. But such aspirational cities have existed throughout American history as well, starting with Boston in the 17th century, Philadelphia in the 18th, New York in the 19th, Chicago in the early 20th, Detroit in the 1920s and 1930s, followed by midcentury Los Angeles, and San Jose in the 1980s.

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One of the most common complaints senior executives have about disruptive innovation is its seemingly snail-like pace. How is it, they wonder, that it takes us forever to pursue ideas that promise to create new markets when the world seems to be innovating at a dizzying pace?

This frustration is compounded by the fact that the usual levers senior executives use to get things to go faster — creating tight deadlines, flooding the project with resources, checking in more frequently — don't seem to work, and in many cases cause teams working on disruptive ideas to actually go slower.

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The Indiana Economic Development Corp. (IEDC) “quietly” nixed its 21 Fund, which was a program that gave matching grants to startups that received research awards from the federal Small Business Innovation Researchprogram, some time in fall 2011, the Indianapolis Star reports, even though the IEDC touted the program in company paraphernalia until the Indy Star article was published.

skill

When you're learning a new skill--whether developing dance moves or websites--quantity is way more important than quality.

Why? Over at Medium, entrepreneur-essayist Herbert Lui expounds on expansion:

Quantity should be a higher priority than quality, because it leads to higher quality. The shorter path to maximized quality is in maximized quantity, and executing on the feedback after each finished product.

ZeroCater Company Catering Made Easy

Five years ago I moved to the Bay Area because I wanted to start a company. I came here armed with that single goal and the education of a dozen Paul Graham essays. To me, determination has an almost magical quality. I’d always felt that with enough of it I could do absolutely anything.

People say startups are risky, but for me, working at a job my entire life seemed like the worst possible outcome, so starting a company was the least risky thing I could do. I think that’s what people mean when they talk about founders being a little crazy. I realize this is an unusual personality trait.

Technology

Rhode Island’s capital city should forget about becoming another Silicon Valley, venture capitalist Josh Kopelman said during a talk Tuesday at Betaspring, the business incubator in the Knowledge District.

It’s an unrealistic goal for Providence and the many other cities that aspire to become the nation’s next technology hub. But, said Kopelman, the founder and managing partner of First Round Capital, that doesn’t mean those communities can’t carve out their own niche in an industry that’s growing at a feverish pace.

Runner

We all know we should exercise. But few realize that being physically active is the single most important thing that most of us can do to improve or maintain our health. Regular movement not only lowers the risk of developing or dying from heart disease, stroke and diabetes, it also prevents certain cancers, improves mood, builds bones, strengthens muscles, expands lung capacity, reduces the risk of falls and fractures, and helps to keep excess weight in check. And those are just some of the more familiar effects.

Incubator

The private sector may help entrepreneurs launch businesses in myriad ways, but today the academic sector is where things are getting really interesting for startups, spinouts and spin-offs.

Though innovation and discovery has long been the territory of educational institutions, academics haven’t been programmed to consider how their research could be marketable.

Cut Cleaning costs

A snazzy office, the latest equipment, smart employees and the option to complete a project on your time, and perhaps at the beach – many new entrepreneurs dream big when they plan their first venture. The only problem is that a new business is much more about hard work, sincere efforts and reduction of costs than the way they picture it.

Question

Every small business needs a business plan. It’s an essential document that’s not just for start-ups and expansions – because a great business plan can serve as a road map for your company and help you make the right adjustments when things go wrong. Your business plan should be a living, breathing portfolio that evolves along with your company.

With that said, a business plan is still one of the most vital tools for a start-up or expansion, because this is when your document will convey the viability and potential of your idea (or existing business) to other people – usually people you’re trying to convince to invest their hard-earned cash in your company.

7 incredible TED talks that will get your entrepreneurial juices flowing | ventureburn

Here’s a fun one. We dug through TED‘s massive video archive and came up with seven talks by leading entrepreneurs that are bound to get you fired up, inspired and thinking. The talks cover topics such as peer-to-peer entrepreneurship, the power of open data, the importance of reputation, flipping negative user experiences, connecting the dots to find opportunity in unfamiliar places, following hunches, and perfecting your pitch deck.

THE ENTREPRENEUR’S MAP OF DETROIT

Looking for resources to launch a business in Detroit? Look no further. Detroit BizGrid is the newly created map to the city’s business resources.

Created by The Detroit Business Support Network, the BizGrid list all of the city’s prominent incubator programs, along with additional resources including real estate support, business plan support, seed funding and more. There are over 54 organizations listed. The Detroit Business Support Network is made up of over 40 organizations across the city of Detroit, including the New Economy Initiative, TechTown Detroit, and Bizdom.

File Teacher jpg Wikimedia Commons

I am in Kona, on the west coast of the big island of the Hawaiian islands.  I am in Hawaii for a workshop later this week.  10 entrepreneurs who are part of the global leadership of Entrepreneurs’ Organisation are meeting to pull together our ideas on how we can accelerate and deeper the teaching of entrepreneurial leadership – firstly within the Entrepreneurs’ Organisation, but for me this is a wider question of the teaching of something that may or may not be “teachable”.

File Openandshare png Wikimedia Commons

August 2-4th, 2013 Klaipėda will host Open Data Fest – a hackathon entirely devoted to exposing the potential of the government‘s open data in Lithuania. Teams of programmers, designers, marketing experts and active citizens will reuse data of public institutions to develop innovative products and services, such as mobile apps. Open data unveils new potential in the markets of telecommunications, finance, public transport, etc.

Steve Jobs

In a 1996 interview with Wired magazine, Steve Jobs, upset with Microsoft MSFT +0.05%’s domination of the personal PC market, said, “The desktop computer industry is dead. Innovation has virtually ceased. Microsoft dominates with very little innovation. That’s over. Apple AAPL +0.71% lost. The desktop market has entered the dark ages.”  From that quote it appears he’s waving the proverbial white Power Mac, but Jobs would go on to overhaul Apple, ultimately taking the floundering tech company from near-bankruptcy to one of the most profitable corporations in U.S. history.

10 Guidelines for Angel Funding Presentations

The average length of a funding pitch to Angel investors is ten minutes. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes. The biggest complaint I hear from investors is that startup founders often talk way too long, and neglect to cover the most relevant points. Or they get sidetracked by a technical glitch due to poor preparation.

If you start by pitching your extended life story, that’s the wrong point. Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. Here are some tips on the right approach and the right points to hit:

NewImageTour This Tech Innovation Hub in the Middle of Africa

LUSAKA, Zambia — In early 2011 Google team members visited the University of Zambia to encourage students to participate in the Africa Android Competition. When one student asked the Google presenters what Android was — and only three people in the room knew the answer — a light bulb went off in Simunza Muyangana's head.

"I remember leaving there thinking, 'Wow, how do we correct this?'" he told Mashable two years later.

How S.D. Schools Prep Students for Innovation Economy | Voice of San Diego

Recently, Voice of San Diego held an event about “innovation economy.” VOSD reporter Kelly Bennett moderated an excellent panel that highlighted the potential for the innovation economy in the San Diego region. Innovation was defined as primarily small, startup tech companies who were developing new ideas and innovative products and bringing them to market.

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The so-called creative economy – ranging from individual artists to cultural institutions – is often underestimated as an engine of growth. But statistics show otherwise.

In the Bay State, for example, there are more than 100,000 people employed in creative endeavors – generating a $1 billion impact on the Massachusetts economy.

Data Flickr Photo Sharing

It has become the Internet’s defining business model: free online services make their money by feeding on all the personal data generated by their users. Think Facebook, Google, and LinkedIn, and how they serve targeted ads based on your preferences and interests, or make deals to share collected data with other companies (see “What Facebook Knows”).

Before the end of this year, Web users should be able to take a more active role in monetizing their personal data. Michael Fertik, cofounder and CEO of startup Reputation.com, says his company will launch a feature that lets users share certain personal information with other companies in return for discounts or other perks. Allowing airlines access to information about your income, for example, might lead to offers of loyalty points or an upgrade on your next flight.

Image: Flickr

Jobs Help Wanted Flickr Photo Sharing

To get anywhere with your job search, you really do have to put in the time and draft. The age-old saying “no pain no gain” – it’s completely true. It’s easy to be lazy when you’re unemployed, but at the end of the day it will get you absolutely nowhere.

If you want to get somewhere in life, you really do have to put in maximum effort day in and day out with your job search until you eventually find something. Here are three essentials to landing a job:

Image: Flickr

Drugs Flickr Photo Sharing

A new class of medicines could give doctors the ability to awaken underperforming genes in patients who currently have no treatment options.

Boston-area startup RaNA Therapeutics is developing a novel kind of medicine that can boost the activity of genes that may be silenced or underactive and thus cause disease. The medicine would use a small RNA-like molecule that blocks the function of a long RNA molecule that is hampering the expression of such a gene.

Image: Flickr

Station is Closed

None of the Internet giants have unionized employees, which has made Silicon Valley a favorite target for civil libertarians.

Earlier this month, after several prominent Bay Area technologists came out against the BART subway union strike, it provided a convenient excuse for haters to brand the tech community as greedy oligarchs. “There’s a reason why so many people are hating on the techies,” wrote Slate’s Andrew Leonard, after quoting one tech executive who wanted to automate BART employees out of existence — “Get ‘em back to work, pay them whatever they want, and then figure out how to automate their jobs so this doesn’t happen again.”

Image: Tech Crunch

rana-logo

A new class of medicines could give doctors the ability to awaken underperforming genes in patients who currently have no treatment options.

Boston-area startup RaNA Therapeutics is developing a novel kind of medicine that can boost the activity of genes that may be silenced or underactive and thus cause disease. The medicine would use a small RNA-like molecule that blocks the function of a long RNA molecule that is hampering the expression of such a gene.

Spirit Flickr Photo Sharing

I watched a four-part series titled The Men Who Built America on the History Channel recently, and was fascinated.

Andrew Carnegie, J.P. Morgan, John D. Rockefeller, Cornelius Vanderbilt and Henry Ford were five men who literally built modern America. All were entrepreneurs. Their monetary wealth was beyond comprehension to most people. They made more than they could ever spend. Their vision to do more to make and build more so the public can be better served was amazing to see. All were fierce competitors. They wanted to outsmart, outbuild and create more wealth than the others.

Image: Flickr

For Gesture Control, a Startup Wants to Feel Your Muscles | MIT Technology Review

When it comes to gesture-control systems like Microsoft’s Kinect, some applications—like gaming—are obvious. Others—like controlling your window blinds—are less so.

Yet that’s the kind of functionality Waterloo, Ontario-based startup Thalmic Labs is hoping will be possible with its first product, an armband called Myo that’s slated to start shipping late this year to some of the company’s earliest customers.

Image: technologyreview.com

Soon Buying an EV Will Get You No Green Cred | MIT Technology Review

The days when you can go out and buy an electric car to demonstrate your steadfast devotion to the environment are coming to an end. Pretty soon, people might suspect you bought the car because you actually like it.

Already, we’re well past the good old days, when electric car buyers could boast about sacrificing back seats to make room for the battery. People are getting word that some electric cars out there can out-accelerate a golf cart. Although you can still find one if you look, it’s getting harder to find really weird-looking electric vehicles that scream—“There’s no way I would have bought this if I didn’t love the environment so much.”

Image: The iconic Aptera.

Mobile payments Flickr Photo Sharing

An updated Payment Services Directive (PSD II) that aims to embrace new mobile payments methods could end up acting as a hindrance to entrepreneurs, a leading Spanish academic told EurActiv. The Commission is set to publish its update to the Payment Services Directive (PSD II) this month, with a separate regulation on multilateral interchange fees (MIFs) likely to be published simultaneously.

Image: Flickr

SBIR/STTR Awards in Maryland rank 5th in 2012

In 2012, Maryland ranked 5th in the number and total value of Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) program awards, after California, Massachusetts, Virginia and New York. Maryland firms received 265 awards valued at $94 million. A DBED analysis of SBIR/STTR Phase I and Phase II data shows that the number and value of awards decreased nationally in the last four years, and Maryland followed this trend. Even so, when compared to other states, Maryland consistently ranked within the top five recipients of SBIR/STTR awards in both the number and the dollar value of awards received.

Paul Graham Meanest Thing - Business Insider

Blunt, unfiltered feedback is critical to a startup's success.  Team members need to be honest with each other, and be upfront if they think the user interface looks terrible, or if you're headed down the wrong path, Y Combinator summer 2011 alum Brandon Ballinger writes.

But Ballinger, an ex-Googler and co-founder at fraud-fighting startup Sift Science, learned that the hard way. 

Image: Paul Graham, founder at Y Combinator - Flickr/pragdave

TrakBill Founder Steven Marciniak. Venture capitalists are investing more in software companies such as his.

Venture capitalists across the country invested more — in dollars and frequency — in software and biotechnology companies during the second quarter of 2013 when compared to the prior quarter, a new report shows. The national trend, reported in Friday’s The MoneyTree™ Report by PricewaterhouseCoopers and the National Venture Capital Association (NVCA) based on data from Thomson Reuters, holds true locally, too.

research

Molecular testing of biofluids promises unprecedented access to gene mutations, gene expression signatures and expression levels without costly, invasive tissue biopsies

-- Developing Exosome Diagnostics technology for use with QIAGEN's nucleic acid-targeted consumables and automation - with initial product launches targeted in 2014

-- Standardized, easy-to-use exosome workflows will offer superior testing solutions from basic research to personalized healthcare on widely available PCR, pyrosequencing and next-generation sequencing technologies

NewImage

The state of Massachusetts is putting together a network of nonprofits and economic development corporations that are interested in spurring the local creative economy.

The Creative Economy Network will link together groups that can provide resources, office space, financial advice, and other services to companies such as video game start-ups, design firms, as well as to independent writers, musicians, and filmmakers.

IRS

Say you’re raising money on Kickstarter for an independent film project: Are the proceeds a sort of communal gift-giving or simply a clever source of standard taxable income?

The distinction matters, but nobody seems to know for sure. The U.S. Internal Revenue Service may have an opinion on the matter, but if the agency does, it’s not saying, leaving developers on crowdsourcing platforms such as Kickstarter and Indiegogo in the dark.

Why PR is your best marketing weapon — and how to use it | VentureBeat

Our corporate motto should have been, “We’ve never heard of you either.” At least, that is how we joked at my first startup, Seer Technologies, which we founded in 1990.

We had broken records by growing a nascent software company into a $118 million-per-year revenue machine.  And we had pulled off a successful IPO in just five years.  Not even the legends of that time — Microsoft and Oracle — had achieved such a feat.  Yet people would say they had never heard of us.

Flickr/NASA Goddard Space Flight

While startups might question the relevance of the MBA, it's hard to argue with the salary bump you get after graduating from a top school, or the fact that nearly 40% of Fortune 100 CEOs have the degree. Clearly, there's something that companies value about the degree. One of the core teaching methods, pioneered by Harvard Business School, is the case method. Some of the most difficult situations in business history are laid out for students, and they're expected to come up with a rigorous and well reasoned solution all on their own. It's the tried and true way to train students expected to be the top executives of the future. 

4 Reasons Handshakes Go Horribly Wrong | Fast Company | Business + Innovation

What's the feeling you get after receiving a bad handshake? Psychology Today writer Joe Navarro, who gives seminars on such things, finds the post-greeting evaluation often includes hits like "it was wet," "it was creepy," or a simple "eeeeuw."

So how do we give appropriately confident handshakes, in between the dainty finger-tipper and the machismo-laden handcrusher, between the deadfish limpwrister and the I-saw-this-on-TV why-does-this-have-to-be-racially-charged fist bump thing?

Bio Bear

The year is only half over, but one of the biggest biotech stories of 2013 is going to be the resurgence of the biotech IPO market. It’s a good news/bad news story, depending on where you stand, and how far you look out into the future.

First, the good. The IPO surge is a vote of confidence in biotech from generalist investors who have spent years ignoring the industry. It’s good news for biotech entrepreneurs and venture capitalists who back them. A lot of money will get pumped into researching and developing drugs for diseases that have been long neglected, like Duchenne Muscular Dystrophy. Regional innovation clusters will get a boost. Many small companies will have more negotiating leverage when they talk to Big Pharma companies about acquisitions. It might spur more much-needed venture investment in biotech startups.

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Dedicated to ‘solving the most pressing social challenges on the planet’, the Hult Prize is a magnet for social entrepreneurs. It was recently named one of the top five ideas changing the world by President Bill Clinton and TIME Magazine. The program is fueled by the Clinton Global Initiative, intense competition, and an attractive prize.

Ten thousand college and university students from around the world apply to pitch their ideas at one of six regional events that take place in Boston, San Francisco, London, Dubai, Shanghai and online. The finalists then convene in Boston for a 6 week Accelerator program, where they work to launch their business via access to mentors and advisers, and cultivating partners and funding sources. In September, the teams travel to New York and make their final pitch at the annual Clinton Global Initiative meeting. President Clinton, along with CGI Meeting attendees select and award the Hult Prize winner.

lily qi

We often hear public leaders say “our diversity is our strength,” which has become somewhat a cliché over the years. While I don’t doubt their sincerity in believing what they say, I wonder how many truly understand what it means to have a large, diverse, and global population in their communities. This past weekend, I attended the Chinese Biopharmaceutical Association’s (CBA) 18th annual conference, which attracted scientists, educators, businesses and entrepreneurs from the region as well as delegations from several cities in China. It was a high-energy conference hosted by an all-volunteer crew of local community members.

Innovation

What is Innovation? Simply defined, innovation is Business Creativity that contributes to organizational value. This value might take the form of cost savings, increased profits or market share—or groundbreaking new-market dominance. Regardless, innovation itself involves risktaking: there must be a reason to look at change, to upset the apple cart. The impetus can vary from proactive concerns regarding competitive positioning to fears about survival. Companies that have clearly designated heads of innovation now include 3M, Cargill, Apple and Bristol-Meyers Squibb.

Stepping on the Accelerator for the Implementation of Dodd-Frank

This Sunday will mark the third anniversary of President Obama signing into law the Dodd-Frank Wall Street Reform and Consumer Protection Act -- the most significant set of financial reforms since the Great Depression. The landmark law is designed to help protect Americans from the excessive risk, fragmented oversight, and poor consumer protections that played leading roles in bringing about the 2008 financial crisis.  

Best Business Schools In The World - Business Insider

Having an MBA can give you an edge in the cutthroat world of business—but only if you pick the right school. The wrong school could be a critical waste of time and money.

For our fourth annual survey of the World's Best Business Schools, we asked hundreds of American professionals with experience hiring MBAs to determine the best business school in the world.

Technology Entrepreneurship in Latin America | CIPE Development Blog

In recent decades, technology has opened the door for many young entrepreneurs in Latin America. Not only has it offered an open space to develop projects and ideas new to their region, but it also offers them the possibility of adapting the technologies they create to the specific needs in their environment. In turn, this accommodation to different environments potentially leads to the creation of original ideas that can be duplicated and transferred to other countries with similar environments.

Why Innovation Is More Imporant Than Ever in Business | Deborah Kimmett

As an improvisor I have always felt that innovation and improvisation are so important to develop new ideas in business.

This is my conversation with Lee-Anne McAlear (who is co-director of the Centre of Excellence in Applied Innovation Management for the Schulich Executive Education Centre, at York University. )

Deb: Why is innovation so important for businesses, especially now?

biotech

Cellular engineering, precision medicine, and using G protein-coupled receptors to treat heart failure and other conditions. That’s the focus of the three biotechnology companies that made the top 10 for venture investment deals last quarter. Biotechnology was the second largest sector for investment with $1.3 billion going into 103 deals, a 41 percent increase, according to a quarterly report by PwC and the National Venture Capital Association.

NewImage

It is an exciting time to be an engineer. In recent decades, the engineering workforce has helped the United States make substantial advances in communications, health, defense, infrastructure, and manufacturing (Blue et al. 2005), and the time between the emergence of new technologies and their implementation has steadily declined (Kurzweil 2001). Opportunities and challenges continue to require engineers to literally invent the future by developing breakthrough technologies that solve global problems and enhance the quality of life.

Faculty and students stack dominoes at Cheryl Bodnar's session on games at the 2013 NCIIA OPEN Conference, March 22-23.

At 9:00 on a recent Saturday morning, faculty and students from around the country were building towers with dominoes, climbing through hula hoops, throwing bouncy balls against the ceiling, and pantomiming nouns ranging from animals to soft drinks. It wasn’t just fun and games; these activities focused on teaching concepts related to creativity, innovation and entrepreneurship.

Incubation

Incubation is a term that describes a period of time used to indirectly dwell on a problem you are trying to find a solution for. The benefits of incubation – or allowing your brain to percolate on a challenge or problem – is to take advantage of our unconscious mind, which is a powerful problem-solver.

A recent study has found incubation can help you to get ‘unstuck’ when attempting to solve a problem. Ever heard of writer’s block? Well, a period of incubation, even a measly two minutes, can help shift the block.

EDA Webinar

Please join the U.S. Economic Development Administration (EDA) and the NADO Research Foundation on Thursday, July 25, 2013, for an informative webinar about STATS America.

STATS America, developed by the Indiana Business Research Center (IBRC) at Indiana University’s Kelley School of Business, is a web portal that uses data obtained from hundreds of federal, state, and private sources to make available numerous analytical tools that will be of use to economic development stakeholders in the private, public, and nonprofit sectors. These tools include profiles of all 50 states and 3,141 counties, with numerous economic and demographic indicators that are updated regularly.

The free webinar is scheduled for Thursday, July 25, 2013, from 2:00–3:15 p.m. Eastern Time.

To register for the webinar, click here.

The webinar will be conducted by Brian Kelsey of the NADO Research Foundation, who will illustrate not only the types of data available, but how they can be used in various aspects of economic development planning. The STATS America data tools, for example, can help measure distress at the county, region, or neighborhood level, and may be very useful in your project review and management processes.

For more information about the webinar, contact Laurie Thompson, Deputy Executive Director of NADO, at This email address is being protected from spambots. You need JavaScript enabled to view it.. The webinar will be recorded and made available at www.knowyourregion.org.

This webinar is the third in a series about various data tools developed with support from the U.S. Economic Development Administration (EDA). Previous webinars in this series addressed the U.S. Cluster Map and Registry and Triple Bottom Line Tool. Click here to see the recorded webinars. The NADO Research Foundation is coordinating the webinars as part of its Know Your Region program, which is funded through an agreement with EDA (# 99-06-07548).

How To Write A Follow-Up Email That Will Land You The Job | Fast Company | Business + Innovation

A few years back,, Alexandra Franzen had a problem: She was going after a copywriting gig but didn't have a ton of related experience. After an interview, the firm's director said that they "liked her spirit," but they couldn't hire someone with so few samples.

Feeling job-dumped, she was deflated. Then a light bulb when off.

"They wanted samples," the Daily Muse writer said to herself. "I’d show ’em samples."

But it'd be more than a mere sample: She'd send them pub-ready content for their soon to re-launch site. In so doing, she'd model the mantra of getting gigs gotten. Whether your quarry is Google, Amazon, or a raise, there are two parts:

How To Launch A Successful Startup Business Insider

We all know what it's like to soul-search, but no one does it quite so well as recent college graduates, many of whom entertain dreams of Mark Zuckerberg-sized success. We asked 13 successful young start-up founders (not so long out of college themselves) to share their wisdom with new graduates seriously interested in entrepreneurship.

IT Spending Approaches $4 Trillion -- Campus Technology

Worldwide IT spending will reach $3.7 trillion this year, according to the latest forecast from market research firm Gartner. The company's latest estimate forecasts a two percent growth rate, down just over two percent from their previous quarter's prediction of 4.1 percent, due mostly to changes in the dollar's exchange rate.

"Exchange rate movements, and a reduction in our 2013 forecast for devices, account for the bulk of the downward revision of the 2013 growth," said Richard Gordon, managing vice president at Gartner, in a prepared statement. "Regionally, 2013 constant-currency spending growth in most regions has been lowered. However, Western Europe's constant-currency growth has been inched up slightly as strategic IT initiatives in the region will continue despite a poor economic outlook."

sen-eric-cantor

Here's another reason the dysfunctional federal budget process is bad for Americans: besides hurting the economy and hitting us in the pocketbook, partisan feuding over budget cuts could undermine our health and even shorten our lives.

That's because House Majority Leader Eric Cantor and others in Congress have been using the budget process to target research in the behavioral and social sciences for elimination, even though they're indispensable to understanding and improving Americans' health.

Startup Professionals Musings Business Plan Financial Forecasts Test Your Savvy

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. They need to realize that investors ask for projections, not merely as predictions, but more as commitments from the founder and his team. If you are not willing to commit, don’t expect anyone to back you.

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition.

Finding Cancer Cells in the Blood MIT Technology Review

In the near future, oncologists may be using a finger-size plastic chip with tiny channels to extract a dozen or so cancer cells from a sample of a patient’s blood. Those cells, called circulating tumor cells, could then be screened for genetic disruptions that an oncologist could target with drugs best suited to attacking the tumor. Continued sampling would give doctors a way to monitor whether a treatment is working and decide whether to add or change a drug as the malady evolves.

Dozens of companies are vying for success in this market, which is expected to reach $7.9 billion in the next few years, but so far only one device, sold by a Johnson & Johnson subsidiary, has received FDA approval. That current technology is not able to detect circulating tumor cells when they’re present only in very small numbers, says Daniel Haber, director of the Massachusetts General Hospital Cancer Center, and cannot capture the full diversity of cells that escape from different tumor types in patients. But advances are already proven in labs and may be making their way to clinics in the next few years, experts say.

Recycle

Last week’s “Innovation Conversations” column addressed “connections” from the perspective of my friend and colleague Alistair Brett .  You can read that column here.

This week we continue our conversation, focusing on some of the challenges inherent in creating and nurturing innovative connections in organizations.

HENRY:     We talked last week about the critical role that active, diverse and ubiquitous connections play in fostering innovation. Two questions came out of that discussion:  How do you know when you have a diverse network of connections and how do you create them when they are absent (or fix them when they are broken).

World s first test tube burger is ready to eat Telegraph

The burger is being created from thousands of strands of artificial meat that have been painstakingly grown from stem cells in a laboratory. Prof Mark Post will explain how he created the test-tube meat at his laboratory at Maastricht University in the Netherlands, before serving the resulting patty to a mystery diner. He will present the beefburger as a "proof of concept" that laboratory-grown meat could in future become a sustainable alternative to farmed beef, pork or chicken, potentially cutting billions of tonnes of greenhouse gases currently released by livestock.

If You Want To Be A Successful Entrepreneur There Is No Such Thing As Work Life Balance Forbes

Let me get the throat clearing out of the way first.

I suppose somewhere on earth you can find a successful entrepreneur who spends as much time on his/her personal life as they do their professional life.

But I have never met one. (More about this in a minute.)

And, yes, you could say it “well it all depends on what you mean by success.” Sure, if you define success narrowly–making enough money to support your family, for example–then work-life balance is more than possible.

10 Reality Checks to Verify Your Entrepreneur Fit Business Insider

Making the decision to become an entrepreneur is a major commitment, with huge implications for skills and lifestyle. Yet there is no standardized testing or certification required or available anywhere to help you decide if you are a good fit for entrepreneurship, or entrepreneurship is right for you. An MBA or other academic credentials just don’t do it.

Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like “The Entrepreneur Equation,” by Carol Roth, which highlights personal characteristics and skills required. Some day, I expect there will be a more formal certification required, like lawyers and accountants have to pass, to hang out their shingle.

Real Madrid

Real Madrid has been a giant of European soccer for the past century, racking up a record 32 La Liga titles and nine UEFA Champions League trophies. The club’s success has fueled a global following and attracted superstar players over the last 20 years like Raul, Ronaldo, David Beckham, Zinedine Zidane and Cristiano Ronaldo.

Real Madrid can add one more trophy to its case: It is now the world’s most valuable sports franchise, worth $3.3 billion, surpassing former No. 1 Manchester United. Los Blancos have the highest revenues of any team in sports ($650 million during the 2011-12 season), and revenues are up 62% over the last three years. Madrid’s operating income (earnings before interest, taxes, depreciation and amortization and player trading) of $134 million is second only to the NFL’s Dallas Cowboys among sports teams.

brad feld

Richard Florida continues to write amazing stuff about Startup Communities in The Atlantic Online. Two of his latest articles talk about entrepreneurial density and venture capital.

  • High-Tech Challengers to Silicon Valley 
  • The Connection Between Venture Capital and Diverse, Dense Communities

How To Become More Unstoppable Every Day Fast Company Business Innovation

Three years ago, she wanted to work for Microsoft Excel, so she put 100 hours into prepping for the interview--a tactic she's tried elsewhere and failed with. Then she realized she didn't want to be a product manager, so she became a designer--after learning the craft in one year. Then she realized she needed to learn how to dance--so she did that in one year, too.

There's a thread that runs through these three feats--and lets trace it after watching the video.

Steve Jobs - REUTERS/Robert Galbraith

We were speaking to a web developer the other day who was complaining about how hard it is to reach the top executives at certain companies.  The developer, Ankit Aggarwal, was having trouble with a hot young company that helps people book hotel rooms (more on that soon). His issue was worth thousands of dollars to him and the company cut him off, he said.  It stopped answering his emails, he said, and he couldn't get to an executive at all.

Startup Professionals Musings How to Make a Real Social Media Customer Connection

As I visit the websites of many startups, as well as more mature businesses, I still too often see a “contact” page offering nothing but a sterile form for customers to submit, never to be heard from again. Social media connections, if they exist, are buried elsewhere or reserved for monitoring purposes only.

Social media is here, and is the preferred mode of communication by a large segment of your customers, so make it a positive differentiator for your business. Don’t force them to use an automated phone response system, or a faceless unresponsive form. Customers are not all like you, and they have choices, so a “one size fits all” customer service is no longer a viable option.

Your grammar is irrelevant how technology is influencing language memeburn

Love it or hate it, our interaction with our digital devices greatly influences the way we communicate. In fact, it has the potential to render the English language as we know it null and void given enough time. Take a moment to reflect on how you reacted to the statement above. Were you immediately enraged, mentally preparing a scathing comment in perfectly punctuated language? Chances are you are a writer, linguist or purist, the bane of many a sloppy online speller’s existence and, sorry to say it, part of a dying breed.

If You Want Entrepreneurial Success Learn to Embrace Failure

First off, let me tell you this: I fail – a lot… and I’m ready for more failures. Before you say, “Are you out of your mind,” let me explain a bit.

I hate the feeling of failure.  Nobody likes to fail.  But I learned during my entrepreneurial career that if you want to achieve entrepreneurial success, you need failures. You need to fail and the more you fail, the closer you are to your goal.

China Great Wall

Technology executives worldwide believe that the United States and China are the top two countries with the greatest potential to drive technology breakthroughs that will have a global impact in the next four years, according to the Global Technology Innovation survey by KPMG LLP, the audit, tax and advisory firm.

KPMG surveyed 811 technology business leaders globally from technology industry startups, mid-sized to large enterprises, venture capital firms and angel investors in order to identify disruptive technologies, innovation trends, and the scope of change.

10 000 U S Patents Down And Thanks to Our Amazing Innovators Many More to Come

By the measure of patents, Cisco’s journey started in February 1988, when the company’s first patent was filed. To put that time in context, that was the year President Ronald Reagan gave his last State of the Union address in his second term, U.S. sprinter Florence Griffith Joyner (aka Flo-Jo) set a still-standing women’s world record (21.34 seconds) in the 200-meter dash at the 24th Summer Olympic Games in Seoul, Korea, and also the year when the Morris worm was distributed via the Internet, initially written to gauge the size of the Internet.

Cisco’s first U.S. patent—no. 5,088,032—was issued in 1992, for the Interior Gateway Routing Protocol (IGRP), an innovative protocol that improved efficiency in routing communications among computer networks, a foundational capability for the emergence of the Internet – the same year people were just beginning to hear about something called the World Wide Web.

dollar

Who funds Michigan's venture capital funds?

One source is Renaissance Venture Capital Fund — an Ann Arbor-based venture capital fund of funds that makes primary investments in Michigan venture capital funds.

RCVF recently announced that since its inception in 2008, its initial investment of $16.7 million in 11 different venture capital funds has attracted $300 million of venture capital to 20 new Michigan companies, making a ratio of $17 of venture capital investment coming into Michigan for every dollar invested by RVCF.

business model

Vivek Wadhwa, entrepreneur turned academic writes in one of his blogs:

“Everyone talks about business models. But I’ll bet that if you quizzed a random sample of these people, you’d find that they really don’t know what a business model is.” I couldn’t agree more. In essence the technology-driven transformation in today’s business environment puts a premium on the model we adopt. Not only are entirely new business models possible, they are also necessary for survival. And they must be so designed that they can morph into something new on the fly when the environment changes. A lesson being learned by far too many organizations, and a little too late, today.

Investable or employable what kind of startup founder are you ventureburn

As a startup founder, would you consider yourself to be investable or employable? There’s a big difference in terms of being nice, consistency, passion and attitude. After going through a few rounds of raising funds with numerous startups, I’ve come to realize that investors use two universal, yet unspoken, categorization of founders pitching to them: “investable” or “employable”.

You Yes You Can Help Shape The Future Of Social Entrepreneurship Fast Company Business Innovation

THE AUTHORS OF A NEW BOOK SAY THEY HAVE "A FIELD-TESTED METHODOLOGY FOR LAUNCHING A SOCIAL ENTERPRISE" THE RIGHT WAY. AND NOW THEY WANT YOUR INPUT BEFORE THEY CREATE AN EXPANDED VERSION OF THE BOOK.

Social entrepreneurs typically function in environments much different from more traditional entrepreneurial enterprises.

For those who wish to make modest profits while attacking a social problem, the major difference is the level of perceived risk. It’s not that social entrepreneurs face more risk than traditional entrepreneurs; they face greater uncertainty. Social entrepreneurs target intractable problems that are not easy to solve; they often need to create a market where none exists; and they work in environments that, by their very nature, are characterized by high levels of uncertainty, from underdeveloped markets to unreliable infrastructure.

big data

Two years ago, a half-dozen programmers and entrepreneurs started working together in a Tel Aviv basement to create one of Israel’s 5,000 high-tech companies. It was a stealth company, but these 20-somethings were used to secrecy. Most had served together in the same military intelligence unit of the Israel Defense Forces.

In the army, they worked on algorithms that could predict the behavior of Israel’s enemies by plucking patterns from intercepted signals. Their new company was based on much the same idea–but it aimed to guess the preferences of consumers. It was called Any.Do. By the end of 2012 their productivity app for smartphones was one of the most popular downloads worldwide.

The 25 Best Tech Companies To Work For In 2013 Business Insider

Google and Facebook are frequently talked about as being great tech companies to work. But are they the best? With help from Glassdoor.com, we've put together a list of the 25 tech companies whose own employees rate them most highly.

The reviewers account for culture, lifestyle, and what you can learn while working there. 

Researchers create inner ear from stem cells opening potential for new treatments

Indiana University scientists have transformed mouse embryonic stem cells into key structures of the inner ear. The discovery provides new insights into the sensory organ's developmental process and sets the stage for laboratory models of disease, drug discovery and potential treatments for hearing loss and balance disorders.

A research team led by Eri Hashino, Ph.D., Ruth C. Holton Professor of Otolaryngology at Indiana University School of Medicine, reported that by using a three-dimensional cell culture method, they were able to coax stem cells to develop into inner-ear sensory epithelia -- containing hair cells, supporting cells and neurons -- that detect sound, head movements and gravity. The research was reportedly online Wednesday in the journal Nature.

Biotech IPOs surge to 13 year high San Francisco Business Times 5

The biotech IPO window is officially open. Eleven second-quarter biotech initial public offerings totaling $1 billion — the strongest quarterly biotech market for venture-backed IPOs since third-quarter 2000 — fueled an overall surge in IPOs, according to the National Venture Capital Association and news and data company Thomson Reuters. A total of 21 venture-backed IPOs across industries raised $2.1 billion during the second quarter, according to the "Exit Poll" reported by the NVCA and Thomson Reuters, but VC fundraising declined.

VC fundraising hits 2 year low Silicon Valley Business Journal

New signs of VC contraction are clear in the the latest quarterly fundraising report from the National Venture Capital Association and Thomson Reuters. A combination of smaller new funds and fewer of them in the second quarter combined to drop the amount raised by VCs from institutional investors near two-year lows. But NVCA President Mark Heesen says an uptick in IPO exits could lure more money back into the game.

Collaboration

Pre-school teachers have been right all along: sitting in a circle is the best way to encourage sharing, even among 30- or 50-year old professionals.

The round table approach may work to foster collaboration for corporate boards, at workplace meetings or at restaurants, new research from two Canadian business school professors shows. By contrast, those who sit in an angular arrangement—think Donald Trump’s The Apprentice—display more maverick, self-centered attitudes.

What Comes After Google Glass MIT Technology Review

We’re just starting to see the early adopters of wearable computing wandering the streets gazing through Google’s head-worn computer or staring down at their Pebble smart watch. But a slew of researchers are already hard at work figuring out what will come next. Among the more outlandish ideas these researchers are experimenting with: sensors embedded in clothing and teeth, and—oh yes—a wearable computer designed just for dogs.

After languishing in research labs for years, wearable computing is suddenly a hot topic in technology circles. The introduction of technologies such as the Pebble watch, fitness-tracking devices like Jawbone’s Up, and Google Glass, which is currently available to developers and is slated for public release next year, have ignited demand for more wearable gadgets.

Create An Intimate Map Of Your Life Using Just Your Email Inbox Co Design business innovation design

A NEW TOOL FROM MIT MINES YOUR PERSONAL DATA TO VISUALIZE PERSONAL CONNECTIONS. TRY IT--THEN REALIZE THAT YOUR IPHONE AND ANY EMAIL CLIENT CAN ACTUALLY SEE A WHOLE LOT MORE.

We rarely think twice when sending an email, or adding a few CCs just for good measure. But these small interactions add up, and when deconstructed en masse, will reveal more about you than you might ever expect.

workstation

Here's an interesting question: Why are the nation's highest-achieving undergrads flying to finance and consulting?

As Cal Newport observes, the majority of Dartmouth's five valedictorians are choosing those two sectors, while 36% of an entire Princeton class a year ago took finance gigs and 17% of Harvard grads did the same.

Is this, as a David Brooks might say, a brain drain, caused by thinking the only options for elite students are:

Is Crowdfunding The Future For Biomedical Research Xconomy

Microryza.com (not the catchiest of names) is a crowdfunding platform for research that raises money over the Internet from individuals who are willing to donate small amounts to fund a specific project. The average donation according to Microryza is $92.

In return for a 5 percent cut of funds raised and a 3 percent credit card processing fee, Microryza provides researchers access to a website where they can solicit money from the public to fund their research. Crowdfunding is typically an all-or-nothing deal, where donors only have to pay their pledged support if the project is fully funded within a defined period of time.

HHS technology chief Out with innovation in with freedom to experiment MedCity News

Innovation is a vague word and is too overused today, in the words of Bryan Sivak.

That was kind of a bold statement to make at a conference focused on, well, innovation.

In his keynote address at CONVERGE, the chief technology officer for the U.S. Department of Health and Human Services said the department’s philosophy is that innovation happens as a direct result of the freedom to experiment, a much more descriptive and meaningful phrase.

crowd funding

At the funding panel discussion Wednesday at CONVERGE, a serial entrepreneur asked about crowdfunding. First we got the stock answer of “don’t see how it’s possible for healthcare companies.” Then the conversation turned to cap tables. Elliott Menschik of Dreamit Ventures said that having 50-60 people on a cap table is becoming normal.

“It’s a pain and you don’t want it to hinder an exit, though,” he said.

Partners

"It's easier to ask forgiveness than permission."

- Grace Hopper

When he led the Netscape Browser team, Tom Paquin used to repeat this quote all the time. I was right there with him, on a large team of very smart people operating autonomously. This was Tom’s hands-off way of saying, “I trust you to figure stuff out, and if you blow it, I’ll forgive you.” And other leaders I’ve admired shared this confident, laissez-faire approach, too – and it worked.

Code

The tools to get funded by the crowd should belong to the crowd.

That's why I want to show you how to roll your own crowdfunding site, in less than 300 lines of code. Everything in this tutorial is open source, and we'll only use other open-source technologies, such as Node.js, MongoDB, and Balanced Payments.

Here's the Live Demo. All source code and tutorial text is Unlicensed.

0. Quick Start If you just want the final crowdfunding site, clone the crowdfunding-tuts repository and go to the /demo folder.

All you need to do is set your configuration variables, and you’re ready to go! For everyone who wants the nitty gritty details, carry on.

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In theory, the idea of online courses sounds extremely convenient. In reality, sitting in front of a computer screen passively watching a video and then filling out standard multiple choice quizzes can quickly become boring.

This is what Gregor Freund, the CEO and founder of Versal, aimed to combat when he and his team created an interactive, crowdsourced online classroom where anyone can design an online course.

doors

This is final part of a series that describes a sales methodology for technology companies or frankly many other types of companies, too.

We developed this at our first company and called it PUCCKA – the overall methodology is described here.

strategy

From our talks with innovation management practitioners and business executives it seems that not many organizations have a well-defined and integrated innovation strategy. To find out more about how to go about creating and executing such a strategy, we spoke to Wouter Koetzier and Christopher Schorling at Acceture who encourage a very pragmatic and execution-oriented approach.

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Those betting big on wearable computing believe an assorted new crop of gadgets — mostly worn on the wrist or as eyewear — will transform the way in which we interact with the rest of our devices. But wearables won't just complement smartphones. What is perhaps most intriguing about them is that they will serve new purposes too. Because they are designed to be worn close to the body, they're ideal for monitoring our vital signs and health. They'll track how active we are, our sleep quality, how many steps we take during the day. Consumers of all sorts — fitness buffs, dieters, and the elderly — will come to rely on them.

sneakers

FROM CHUCK TAYLORS TO AIR JORDANS, ALMOST 100 YEARS OF KICKS ARE HERE IN ONE AWESOMELY ILLUSTRATED PRINT.

In my grade school, it was all about the Air Jordans--that was, until the first Reebok Pump hit. Suddenly, all of my suburban Chicago peers were torn between wearing the shoes of the hometown hero and greatest basketball player of all time, or having a satisfying, pressable button on their person at all moments of the day.

money

U.S. venture capital firms raised $2.9 billion in the second quarter of 2013, down 54 percent on the same period last year, Thomson Reuters and National Venture Capital Association data showed on Tuesday.

This is the lowest quarterly figure for U.S. venture capital fundraising since the third quarter of 2011.

During the second quarter of 2013, the top five U.S. venture capital funds accounted for 55 percent of total fundraising.

cat

Cat poop could be a “vast and underappreciated” public health problem, according to Drs. E. Fuller Torrey and Robert H. Yolken. The pair on Tuesday published a paper on the dangers of Toxoplasma oocysts, which are found in cat poop, in the journal Trends in Parasitology. In the journal article, Torrey and Yolken call for better control of the feral cat population and more research on the parasites. In the meantime, CNN asked the doctors how we can keep our families safe. Torrey and Yolken responded to the questions via e-mail.

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Startup America has an excellent CEO in Scott Case. As the founder of Priceline, he’s got personal experience in the entrepreneurial process… and Priceline did pretty good, in case you didn’t know. Steves role at Startup America is to lead the initiative in encouraging the development of new companies and creating jobs. Startup America operates as a non-profit and helps to connect new businesses with mentors and investors. Beginning as a White House supported initiative  it has grown to become a network of some 13,000 startups in 32 regions across the U.S. In the beginning, Startup America focused on delivering discounts to founders, helping them to offset the costs of starting their business endeavors. But as time passed, it became more clear that what entrepreneurs really wanted from the nonprofit was a better way to connect with entrepreneurial networks across the nation. The key to success, Mr. Case says, is to engage entrepreneurs who are building high-growth companies and people who have had some success and are committed to growing the community. We couldn’t agree more. Click here to read more on National Journal’s interview with Steve Case.

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Since arriving, I have met with many companies who speak about their success coming out of technology incubators.

It got me wondering what it is about incubators that contributes to the Silicon Valley ecosystem.

There are a large number of these technology incubators in the Valley. The most well known, of course, being Y Combinator and 500 Startups, which have produced a great number of very successful companies including Dropbox, Airbnb, TaskRabbit and Twillio.

Data Center

Word on the street is that Battery Ventures, The Valley Fund and Austin Ventures are teaming up to create an accelerator dedicated to backing startups that are building so-called open hardware. I heard the accelerator would have $3 million available, according to Cole Crawford, the current COO of the Open Compute Project. Cole is reportedly going to take on an advisory role with the new program hosted at Austin Ventures.

Eric Schmidt

"The characteristic of great innovators and great companies is they see a space that others do not," Google CEO Eric Schmidt tells Yale. "They don't just listen to what people tell them; they actually invent something new, something that you didn’t know you needed, but the moment you see it, you say, 'I must have it.'"

This continuous invention, Schmidt says, is a constant--and part of the reason that the roster of leading companies is so inconstant. If you took a look at Microsoft 15 years ago, he says, you would have thought they would stay the leader until today, while Apple, Amazon, Facebook, and of course Google have emerged to their prime post.

innovator-pulse-entrepreneurcom

Even as the White House has backed off on a few of its deadlines for administering the Affordable Care Act, the Obama Administration is staying the course on its efforts to transition paper files to electronic health records in doctor's offices.

President Barack Obama met with several chief executives of health-care technology companies, government leaders and nonprofit public-service organizations on Monday for a conversation on how technology, big data and innovation can be used to bring down the costs and improve the quality of health care in the U.S., according to a statement from the White House.

How Clutter Cramps Your Productivity Fast Company Business Innovation

Need a reason to purge your workspace? Writing on the ooomf blog, Mikael Cho gives us a good one: clutter makes you less productive.

How so? Because, as Princeton neuroscientists found out, the more stuff you have around you, the more each piece of stimulation competes for "neural representation"--that is, your attention.

So the more clutter you have, the harder it is for you to filter information, switch between tasks, maintain your working memory, and otherwise focus on your work.

NewImage

Ever since physicians started regularly ordering CT (computed tomography) scans four decades ago, researchers have worried that the medical imaging procedure could increase a patient's risk of developing cancer. CT scanners bombard the human body with x-ray beams, which can damage DNA and create mutations that spur cells to grow into tumors.

Doctors have always assumed, however, that the benefits outweigh the risks. The x-rays, which rotate around the head, chest or another body part, help to create a three-dimensional image that is much more detailed than pictures from a standard x-ray machine. But a single CT scan subjects the human body to between 150 and 1,100 times the radiation of a conventional x-ray, or around a year's worth of exposure to radiation from both natural and artificial sources in the environment.

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The European medical technology industry worries that a centralised pre-market authorisation system in Europe will destroy innovation, research and development within the sector. It warns especially that small and medium-sized enterprises (SMEs) could disappear with the proposed new system. The industry said SMEs will not benefit from the proposed system, warning that they are the ones doing most of the groundwork when it comes to inventing new cutting-edge technologies which can save the life of patients.

MIT tool connects the dots of your life through Gmail metadata The Verge

How much does the metadata gathered in your inbox reveal about you? Quite a lot, judging by what researchers at the MIT Media Lab have managed to accomplish with Immersion. They've built a web app that — once you grant it permission to do so — digs through your email history to piece together a "people-centric view of your email life." What does Immersion look at, exactly? Only the senders, recipients (including those CC'd), and timestamps within your email archives. It steers clear of subject lines and the actual bodies of your messages. Still, the end result is fairly impressive depending on how much Immersion has to work with. What first appears to be an arbitrary list of people you've contacted is actually linked together in logical ways. (Again, this will depend largely on how far back your email trail goes.)

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“It’s very hard, as a private company, to get grants,” trained microbiologist Barry Barclay admitted, adding that is one of the reasons he has tried his hand at crowdfunding. “Rather than individual support, I’m also trying to get corporate sponsorships.”

Crowdfunding is defined by the National Crowdfunding Association of Canada as “the raising of funds through the collection of small contributions from the general public using the Internet and social media.”

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Our homes will get a lot smarter in the coming years, allowing us to use a smartphone to manage an integrated system of appliances and other electronics from any room—a kind of universal remote control for the “Internet of things.” An even easier, more intuitive approach, however, would allow us to flip through TV channels or turn on the coffeemaker with a simple hand wave.

A team of University of Washington (U.W.) computer scientists is developing just such a system (pdf). Dubbed “WiSee,” the system uses a modified wireless router to receive and identify slight disturbances in wi-fi signals that permeate living spaces. Software algorithms interpret the hand or body gestures that create those disturbances and translate the movements into commands for controlling specific wireless devices.

Balance

I know some entrepreneurs with successful businesses, and others who seem to have a great relationship with their family, but I can’t think of many who have both. Some people would argue that these two successes are mutually exclusive, but I’m not convinced.

Individually, they both take focus, commitment, and a variety of skills, all the strengths of a good entrepreneur. Assuming a person wants both a family and a business, the challenge is to achieve a balance that can satisfy both. This July 4th Independence Day Holiday in the USA is a good time for all of us to do a reality check on our own efforts.

medical IT

Funding for digital health startups is continuing to grow at a steady pace, but is beginning to stabilize.

Health accelerator Rock Health’s midyear report, released today, found that digital health funding for the first half of 2013 represents 11 percent growth in investment and 24 percent growth in deals year over year. In short, it’s still growing, but not as fast as in previous years.

leader

Good management often requires that you go against all your instincts because, according to my experience, what we call instincts are often unreliable and even dangerous.

Consider what happens when a company gets into trouble. Managers typically respond by reverting to doing what they feel most comfortable with. In nearly every situation, what they feel comfortable with is cutting costs. Therefore, they'll lay people off, cut benefits, and so on.

people

Improving employee engagement is not simply about improving productivity — although organizations with a high level of engagement do report 22% higher productivity, according to a new meta-analysis of 1.4 million employees conducted by the Gallup Organization.

In addition, strong employee engagement promotes a variety of outcomes that are good for employees and customers. For instance, highly engaged organizations have double the rate of success of lower engaged organizations. Comparing top-quartile companies to bottom-quartile companies, the engagement factor becomes very noticeable. For example, top-quartile firms have lower absenteeism and turnover. Specifically, high-turnover organizations report 25% lower turnover, and low-turnover organizations report 65% lower turnover. Engagement also improves quality of work and health. For example, higher scoring business units report 48% fewer safety incidents; 41% fewer patient safety incidents; and41% fewer quality incidents (defects).

Military Sonar May Hurt Blue Whales | LiveScience

The oceans are increasingly cluttered with human-made noise, which can disturb even the largest animals on Earth, blue whales, new research shows.

Whales depend on vocalizations to communicate with other individuals in their species over long distances. But sonar blips that the U.S. military uses in underwater navigation, object-detection and communication are feared to mask whale calls, deter the marine mammals from their habitats and damage the animals' hearing, researchers say.

Top IT graduate employers Business Insider

IT graduates are in huge demand in the US job market. Companies are offering huge bounties and fighting for the ability to hire more foreign workers because there simply aren't enough here.

Some employers have it easier, however, according to a recent survey from research firm Universum USA.

ipad in the healthcare industry

If you’re similar to other young and restless CEOs I know, you’re probably already thinking ahead: planning what you can do next and what your next success will be. You can’t afford to stand still. How ironic then, that the very nature of your job means that 90% of the time you actually are stationary – because you are sitting down.

Being in the driving seat all the time can sometimes mean you neglect the engine. The long-term health of desk-dwellers has been closely examined, and numerous studies have shown, unsurprisingly, that it isn’t healthy. Our bodies simply aren’t designed for prolonged periods of minimal mobility. The side effects include all sorts of nasties such as a shorter lifespan, risk of DVT, and sedentary-related diseases to name just a few.

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“I dreamt of being an Entrepreneur one day, and hence I’m here!”, if this is what inspired you to be a part of the horse race, then you are definitely in the wrong place. This is not the game for the cat in the adage.

Likewise, you can’t be a great entrepreneur if you get into it without having a clue about what it takes to create a new business enterprise. Every new entrepreneur should follow the tips below, if they want a shot at being successful.

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If I got a nickel every time someone said they wanted to be a food, gadget or arts blogger, I would be richer than almost all bloggers.

The internet has reached a stage where the barriers to entry are high and lucrative opportunities for independent content creators are few and far between. In the early stages of the internet, compelling content creators could capture a share of internet traffic. Today, the internet is an extremely crowded party, the music is blasting, and everyone is screaming loudly.

US Flag

It’s the fourth of July, a day for fireworks, barbecue, and all things American. So here at VentureBeat we’ve decided to get in the mood by spotlighting some great homegrown American gadgets and products.

Despite so much of our technology being manufactured in other parts of the world, many gadgets and appliances are still made in the United States. Tech companies like Apple and Google have even done some recent flag-waving and promised to bring some manufacturing back to the good ol’ USA.

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We understand that a list of the most American films could run 237 items long, the number of years since the signing of the Declaration of Independence. It's an outlandish dream to narrow that list to 25, but hey, this is America. Dare to dream.

Any history buff can appreciate July 4th as a day to air the most patriotic films on TV, or relive the classics online.

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Funding for digital health startups is continuing to grow at a steady pace, but is beginning to stabilize.

Health accelerator Rock Health’s midyear report, released today, found that digital health funding for the first half of 2013 represents 11 percent growth in investment and 24 percent growth in deals year over year. In short, it’s still growing, but not as fast as in previous years.

Iowa Innovation Council

The Iowa Innovation Council is working to develop a funding mechanism that would help startups across the state, the Business Record reported last week. An amended Iowa statute will allow the state to issue up to $8 million in tax credits each year, a five percent increase, for investments made to the Iowa Innovation Fund—intended to attact more potential private investors. “We’re excited about that (investment potential),” said Cara Heiden, a member of the council’s board of directors. “It’s a demonstration of the public and private sectors coming together. These investments have higher risk, yes, but it comes with an understanding that these investments are needed.” The three-year waiting period previously attached to the Iowa Innovation Fund tax credit also was eliminated in the new legislation.

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Here's our comprehensive list of the most shocking science "facts" that are actually wrong. These myths, old wives tales, and misconceptions have been passed down through the ages, but we are here to put an end to that.

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About halfway between the comparatively sedate Memorial Day and Labor Day holidays, you can't miss the pyrotechnical gloriousness that is Fourth of July. Come nightfall, thousands of fireworks displays will boom brightly across the country, celebrating America's birthday.

So how do these festive fireworks work? A firework, essentially, is a casing filled with explosives and combustible, colorful pellets called stars. These stars are the individual "dots" that glow in the sky. The most common type of firework, and the ones you'll likely see this year wherever you watch a civic firework event, is called an aerial shell.  

rejection

New entrepreneurs often seem to confuse viability with fundability. Certainly a non-viable business should be not fundable, but many viable businesses are also not fundable. Thus when an investor declines your funding request, you need to curb your anger and understand the real reason for this outcome.

In my experience, here are the most common issues that cause funding requests for potentially viable businesses to be rejected, in priority order:

upgraph

Nope, we’re not talking about PayPal-Tesla-SpaceX founder Elon Musk, or Thawte and Ubuntu main man, Mark Shuttleworth. The people showcased here are behind some of biggest and most admired startups in the world, and yet they remain relatively unknown beyond the confines of Silicon Valley. Earlier this year we took a look at some notable US-based startups founded by immigrants. Now, we’re putting the spotlight squarely on founders from South Africa.

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The devil's in the details when it comes to developing a consistent social media strategy for your business. Little mistakes and simple omissions can handicap your efforts — and leave you looking like a online novice.

We wanted to find out exactly what kinds of mistakes business owners are still making on social media, so we asked nine successful entrepreneurs to share the most critical elements they see others neglect to include in their plans — and how to fix them.

south africa

In a new series of posts — Entrepreneurial Snapshot — I’d like to give a brief overview of the six countries surveyed in Omidyar Network’s Accelerating Entrepreneurship in Africa report: South Africa, Tanzania, Kenya, Nigeria, Ghana and Ethiopia. Most of the information in these posts will come directly from the report, so think of them as a summary, or abridged country profile. The report is the compiled information gathered from 582 surveyed entrepreneurs across the six countries, combined with 72 in-depth interviews. When I mention how something is ‘viewed’ or ‘perceived’ in these posts, I am referring to the entrepreneurs who took part in the project.

google

People tend to give Google a hard time for trying out so many different products – many of which eventually go to the chopping block. Google Reader is the latest product to be discontinued, leaving many marketers scrambling to find an alternative RSS reader.

We complain when a product we’ve grown attached to gets retired, and we’ve even laughed at some of Google’s previous attempts at social media. (Remember Google Buzz? There’s not much to remember.) But the truth is, failure is crucial to the success of all companies, big and small. Former Google CEO Eric Schmidt is famous for saying “We celebrate our failures.”  Below are three reasons why your small business should celebrate them too.

chart

If you operate your business from home, you’re not alone. A recent survey of U.S. businesses indicates the majority of entrepreneurs do the same.

And that’s not just in the startup phase either. According to the 2012 Global Entrepreneurship Monitor report (PDF), more than half of U.S. entrepreneurs continue to operate their businesses from home long after those businesses are up and running. The study examined Total Entrepreneurial Activity (TEA) across industry sectors in the U.S.

women

When women were shown images of unfamiliar people, eye-tracking technology showed that they fixed upon the faces 10% to 40% more times than men did, suggesting that women's ability to gather more visual information is what gives them a better memory for faces, says a team from McMaster University in Canada led by Jennifer J. Heisz. In learning new faces, females seem more likely to direct their gaze to highly informative regions, such as the eyes. Past studies have shown that women typically perform better than men in facial-recognition tests.

TNewImagewisty beams of light could boost the traffic-carrying capacity of the Internet, effectively adding new levels to the information superhighway, suggests research published today in Science.

Internet traffic is growing exponentially and researchers have sought ways to squeeze ever more information into the fiber-optic cables that carry it. One successful method used over the last 20 years essentially added more traffic lanes, using different colors, or wavelengths, for different signals. But to compensate for the added lanes, each one had to be made narrower. So, just as in a real highway, the spacing could get only so tight before the streams of data began to jumble together.

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Healthy red blood cells are shaped a lot like lifesavers, just with more of a dimple than a hole in the middle. But red blood cells that are sick or damaged often change shape, becoming bloated when infected by the parasite that causes malaria, for example. Quickly detecting that irregular shape might one day speed up identification of blood diseases, certain kinds of cancer or even tell blood banks when red blood cells sitting in storage are past their prime—all without breaking the skin or spilling a single drop of blood.

ACA

Angel Capital Association and Young Entrepreneur Council Partner to Encourage Leading Angel-Entrepreneur Relations

New York, NY and Overland Park, KS – July 1, 2013.  The Angel Capital Association (ACA), the leading trade association for accredited angel investors, and the Young Entrepreneur Council (YEC), an organization dedicated to the success of young entrepreneurs announce today a partnership between the two organizations.  The aim of the partnership is to better connect some of the nation’s most successful young entrepreneurs with leading angel investors to help strengthen and grow young companies.

“Strong relationships between entrepreneurs and angel investors are integral to the economy: Startups account for a significant portion of gross job creation in the US and angel investors are the leading supporters of outside equity raised by startups,” says Marianne Hudson, ACA executive director. “Through this partnership, we will actively work to strengthen the ties between young entrepreneurs and angel investors to cultivate even-stronger entrepreneurs.”

Revolution Ventures, the early-stage venture capital arm of Steve Case's Revolution LLC, has filed paperwork with the Securities and Exchange Commission for a planned $150 million fund. Named in the SEC filing are Case and managing partners Tige Savage and David Golden. Revolution Ventures II LP, as it's named in the filing, follows the formation in 2011of Revolution Growth, which invests in more mature, later-stage companies. Revolution Growth, led by Case, Donn Davis and Ted Leonsis, is operated separately from the venture unit.

Revolution Ventures, the early-stage venture capital arm of Steve Case's Revolution LLC, has filed paperwork with the Securities and Exchange Commission for a planned $150 million fund. Named in the SEC filing are Case and managing partners Tige Savage and David Golden. Revolution Ventures II LP, as it's named in the filing, follows the formation in 2011of Revolution Growth, which invests in more mature, later-stage companies. Revolution Growth, led by Case, Donn Davis and Ted Leonsis, is operated separately from the venture unit.

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As Philadelphia-based Drexel University prepares to open its school of entrepreneurship this fall, it has launched a venture arm to identify and cultivate entrepreneurs in its community. Drexel Ventures will manage an innovation fund to provide pre-seed investment in companies at the proof-of-concept stage. It is also rolling out an incubator to support startups and move them closer to market.

The fund’s mandate includes identifying and supporting business development opportunities, expediting intellectual property licensing, supporting business incubator and accelerator programs, and connecting Drexel’s community of innovators to other entrepreneurs and funding sources in the national innovation ecosystem, according to a statement from the university.

Former Enron executive Vincent Kaminski is a modest, semi-retired business school professor from Houston who recently wrote a 960-page book explaining the fundamentals of energy markets. His most lasting legacy, however, may involve thousands of e-mails he wrote more than a decade ago at the energy-services company.

Kaminski, a former managing director for research who warned repeatedly about concerning practices he saw at Enron, is among more than 150 senior executives whose e-mail boxes were dumped onto the Internet by the Federal Energy Regulatory Commission (FERC) on March 26, 2003. In the name of serving the public’s interest during its investigation of Enron, the federal agency made the controversial decision to post online more than 1.6 million e-mails that Enron executives sent and received from 2000 through 2002. FERC eventually culled the trove to remove the most sensitive and personal data, after receiving complaints (see PDF). Even so, the “Enron e-mail corpus,” as the cleaned-up version is now known, remains the largest public domain database of real e-mails in the world—by far.

Former Enron executive Vincent Kaminski is a modest, semi-retired business school professor from Houston who recently wrote a 960-page book explaining the fundamentals of energy markets. His most lasting legacy, however, may involve thousands of e-mails he wrote more than a decade ago at the energy-services company.

Kaminski, a former managing director for research who warned repeatedly about concerning practices he saw at Enron, is among more than 150 senior executives whose e-mail boxes were dumped onto the Internet by the Federal Energy Regulatory Commission (FERC) on March 26, 2003. In the name of serving the public’s interest during its investigation of Enron, the federal agency made the controversial decision to post online more than 1.6 million e-mails that Enron executives sent and received from 2000 through 2002. FERC eventually culled the trove to remove the most sensitive and personal data, after receiving complaints (see PDF). Even so, the “Enron e-mail corpus,” as the cleaned-up version is now known, remains the largest public domain database of real e-mails in the world—by far.

Oliver Peoples cofounded Meta­bolix with biologist Anthony Sinskey.

Nearly all the plastics sold today come from petroleum and aren’t biodegradable. But researchers at Metabolix in Cambridge, Massachusetts, are genetically engineering switchgrass to produce a biodegradable polymer that can be extracted directly from the plant.

That could transform the economics of making biodegradable polymers. Metabolix already sells such a polymer, but it’s produced by bacteria that feed on plant sugars in expensive fermenters. A plant-based process, which could use crops grown on marginal lands, would require less equipment.

Metabolix estimates that it could ultimately sell its plant-based polymers at less than half today’s prices. Whereas today’s end products are niche items like biodegradable plastic shopping bags, more widely used types of products and packaging could then become economical.

The 5 Traits of Effective Open Innovation Leaders - TopCoder, Inc.

As Tom Cruise sported the infamous “Vince” t-shirt, slamming sequential billiards balls to their rightful homes, Eric Clapton sang it oh so well… It’s in the way that you use it. Open Innovation and Crowdsourcing have arrived in the sense that we are no longer talking about theoretical strategy and the near-mystic wonderment of the ‘wisdom of the crowds’ miraculously solving a hard problem for you. Thankfully, the discussion is rotating to execution, innovation management of community platforms, and the like. We have said it before and we will continue to be non-shy about proclaiming that Open Innovation takes work! It is, without a doubt, a very different type of work – one that leads to scale and productivity unmatched by any traditional innovation methods – but, work for you to understand, scale, and master nonetheless. To play catch-up on this discussion, read these two select pieces linked below and we suggest you download the free TopCoder book; “10 Burning Questions”, also linked below.

immigrant

One of the key economic arguments underpinning the immigration overhaul is that immigrants create jobs — not only because they spend money, but because they tend to be unusually entrepreneurial and innovative and so create job opportunities for the people around them. Think of Silicon Valley figures like Sergey Brin, Andrew Grove or Vinod Khosla — or the designer Liz Claiborne. The bill that passed the Senate last week, under Subtitle H, even included special provisions for what is being called a “start-up visa,” to be granted to people who start companies that meet certain venture capital, hiring and revenue requirements.

Iowa

A gathering that will bring together startup advocates from across the country is coming to Iowa.

Officials with UP Global announced last week that it would hold its first Entrepreneurial Summit in the Creative Corridor, a moniker given to the Cedar Rapids-Iowa City region. UP Global is a recently formed collaboration between Startup Weekend’s national organization and Startup America Partnership.

A Five step Process That Can Help Social Enterprises Succeed Knowledge Wharton

Knowledge@Wharton: I would like to talk through some of the chapters in your book and some of the things that social entrepreneurs should be thinking about. To begin with, you recommend that social entrepreneurs need to articulate the problem that they are trying to solve, as well as a solution that they propose to offer. Could you take us through some of the steps that they should go through to do that?

Ian (Mac) MacMillan: What we tried to do is push people into thinking beyond high-level problems -- there's a problem of nutrition or there's a problem of education -- and begin to think about what the so-called beneficiaries of this program are going to actually receive, what the problem is from their perspective and whether they recognize that they have a problem. For instance, one of the projects in India was the concept of taking sachets of disinfectant and distributing them in villages where the water was unhygienic and people were subject to all sorts of dysentery-type diseases, high death rates and so on.

Earlier today Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) released the rankings for the 2013 Global Innovation Index. Switzerland and Sweden remain #1 and #2 respectively, but the United States jumped 5 places to #5.

According to the report, the United States benefited from a strong education base, with many top-ranked universities. Additionally, over the last year the U.S. has seen significant increases in software spending and employment in knowledge-intensive industries. The U.S. was last in the top 5 of the Global Innovation Index in 2009, when it placed #1.

Earlier today Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) released the rankings for the 2013 Global Innovation Index. Switzerland and Sweden remain #1 and #2 respectively, but the United States jumped 5 places to #5.

According to the report, the United States benefited from a strong education base, with many top-ranked universities. Additionally, over the last year the U.S. has seen significant increases in software spending and employment in knowledge-intensive industries. The U.S. was last in the top 5 of the Global Innovation Index in 2009, when it placed #1.

We here at Ventureburn think marketing is really important when it comes to thinking about your overall startup strategy. It’s better to start thinking about it sooner rather than later. It turns out we are not alone. In a series of tweets that appear to have been sent out of frustration, prominent Silicon Valley VC, Dave McClure let it all rip on what he thinks of marketing in the startup space. Hint: he is not impressed.
McClure is the founder of popular seed accelerator 500 Startups, which has invested in more than 300 companies, including Markerly, idreambooks, myGengo, Artsicle, Visual.ly, E la Carte, Canva and Udemy.

We here at Ventureburn think marketing is really important when it comes to thinking about your overall startup strategy. It’s better to start thinking about it sooner rather than later. It turns out we are not alone. In a series of tweets that appear to have been sent out of frustration, prominent Silicon Valley VC, Dave McClure let it all rip on what he thinks of marketing in the startup space. Hint: he is not impressed. McClure is the founder of popular seed accelerator 500 Startups, which has invested in more than 300 companies, including Markerly, idreambooks, myGengo, Artsicle, Visual.ly, E la Carte, Canva and Udemy.

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Startup accelerators like Y Combinator, 500 Startups, and TechStars are churning out young companies left and right.  Some people say there are too many startups and not enough investors to support them.

But Y Combinator founder and investor Paul Graham is more optimistic.

google glass

By now, most of us know about Google Glass. It’s a wearable computer with a head-mounted display that kind of looks like a pair of eyeglasses. You can take pictures, record video, get directions, send messages, share what you’re looking at and much more. It comes in multiple colors, and let’s face it — it’s neater than Jell-O. We all want to test drive a pair.

Guy Kawasaki

Starting a business is a lot like starting a marriage. At first, all parties are in dreamland, with a vision of changing the world, having lots of fun, and raking in the profits. But all too soon, reality sets in. Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying.

In his book Reality Check, Guy Kawasaki summarizes some of the key issues. I’ve seen them too often, and they seem to be the same for every company (and every marriage) no matter how great the team is. I challenge any startup to show me they have avoided all of these:

money

There’s a saying in journalism, that if you want to get to the truth of a story, “follow the money.” The flow of money says much more about the truth of any action in this world than anything else. Snooping on emails, phone calls, Facebook friend networks, whatever else, pales in comparison to the intelligence gained in knowing the money trail. Money transforms intent into action.

microsoft

Up until now most people thinking about Microsoft might have thought software. But the tech giant announced this week it would also become a leader in aiding entrepreneurship as well.

Writing on The Official Microsoft Blog, Rahul Sood, general manager of Microsoft Startups, introduced Microsoft Ventures, a global effort combining several Microsoft programs currently proving funding, mentoring, and guidance to entrepreneurs worldwide.

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If you're so unhappy with your job that you plan to look for a new position this year, you're not alone.

A recent Monster survey finds that 81% of workers who have used their Monster account in the past three years plan actively to seek another job this year and 79% report they're confident they're going to land another position.

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A century ago, the Ford Model T changed America. Its creator, Henry Ford, was a kind of industrial radical and for several decades was the most famous businessman in the country.

In “I Invented the Modern Age,” Richard Snow, a former editor of American Heritage magazine, focuses on the first half of Ford’s career — the creative half. Here is Ford the obsessive tinkerer who fathered the Ford Model T, which was in production from 1908 to 1927.

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From acronyms ranging from ERP to POS, the jargon of business can be hard to decipher. Here are 25 terms every small business owner needs to know:

Server hosting

Servers are devices that support a company's computer and Internet networks. Servers are typically owned by Internet service providers (ISPs), who lease out server space in addition to providing customers with Internet connectivity.

stacks

This week, when President Obama announced his new plan to address climate change largely through new regulations on carbon dioxide emissions from power plants, he sang the praises of technological progress, arguing that in the past, regulations spurred innovation that in turn helped the economy (see “Obama Orders EPA to Regulate Power Plants in Wide-Ranging Climate Plan”).

But it’s not clear that regulations alone will prompt enough innovation to solve climate change. “If you’re going to do this regulatory effort, there has to be a parallel effort in the technology innovation process if you’re really going to maximize your ability to reach these goals,” says Henry Lee, director of the Environmental and Natural Resources Program at Harvard’s Kennedy School of Government. 

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It was a Saturday night at the New York Psychoanalytic Institute, and the second-floor auditorium held an odd mix of gray-haired, cerebral Upper East Side types and young, scruffy downtown grad students in black denim. Up on the stage, neuroscientist Daniela Schiller, a riveting figure with her long, straight hair and impossibly erect posture, paused briefly from what she was doing to deliver a mini-lecture about memory.

She explained how recent research, including her own, has shown that memories are not unchanging physical traces in the brain. Instead, they are malleable constructs that may be rebuilt every time they are recalled. The research suggests, she said, that doctors (and psychotherapists) might be able to use this knowledge to help patients block the fearful emotions they experience when recalling a traumatic event, converting chronic sources of debilitating anxiety into benign trips down memory lane.

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Nearly all the plastics sold today come from petroleum and aren’t biodegradable. But researchers at Metabolix in Cambridge, Massachusetts, are genetically engineering switchgrass to produce a biodegradable polymer that can be extracted directly from the plant.

That could transform the economics of making biodegradable polymers. Metabolix already sells such a polymer, but it’s produced by bacteria that feed on plant sugars in expensive fermenters. A plant-based process, which could use crops grown on marginal lands, would require less equipment.

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There is a spot just off the MIT campus in Cambridge, Massachusetts, that is home to what may be the world’s densest concentration of startup companies. There, near the edge of Kendall Square, the founders of more than 450 startups crowd into nine floors. Some occupy common rooms where the rule is “Grab any seat you can.”

On a heat map of innovation, the place is glowing bright red. Sharing the same elevator banks are venture capital firms that collectively manage funds totaling $8.7 billion. Fifteen years ago, the local tech scene was anemic and there were few investors. Now Kendall is a beacon that’s drawing more and more technology companies. Amazon has moved a mobile development team to the area, Google has expanded quickly into new buildings, and drug companies are piling in, too.

The World s Most Innovative Countries The Global Innovation Index 2013 INSEAD Knowledge

INSEAD-WIPO-Cornell University rank 142 countries on their innovation capabilities. Sixth annual index reshuffles the top ten and shows gap widening between rich and poor countries.

The top 25 countries may be the same -  albeit in a different order from past years – but this year’s Global Innovation Index, produced by INSEAD, WIPO and Cornell University shows there is no short-cut to successful innovation: it takes continued development of talent, sustained investment, institutional support... and the right mindset.

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Disparities in Americans’ ability to connect to the Internet have persisted for years -- across regions, racial groups and income levels. But as more gain access, gaps in connectivity have gradually begun to shrink.

A Census Bureau report published earlier this month outlines some of the more prominent disparities, illustrating the extent to which select groups of Americans surf the Web.

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"People don't share commercials," author Scott Stratten once wrote for us, "they share emotions."

That's a line from his piece last year that debunked the idea of making a hard-sell saturated video "go viral." If you want your brand to reach people--like P&G's amazing Olympics ad from last summer did--you need their interest in mind. But while emotional intelligence is a part of "going viral," the mechanics of the share remains a mystery, as Quartz the appropriately named writer Christopher Mims explains.

SeedInvest CEO Ryan Feit, right, with SeedInvest adviser Sherwood “Woodie” Neiss during a trip to Washington to meet with bankers and regulators, believes his crowdfunding platform can help streamline investing.

A crowdfunding platform called SeedInvest is betting that investors want a little privacy as they review and back promising startups online.

The site recently rolled out SeedInvest Groups, a feature that lets managers of angel groups invite members to review deals and fund companies without doing so in the view of industry onlookers.

Privacy features like this could help curb the “herd mentality” that often plagues investing, suggests Ryan Feit, the chief executive of SeedInvest.

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We recently published a free ebook, The Social Entrepreneur’s Playbook: Pressure Test Your Start-Up Idea—Step 1, through Wharton Digital Press. It summarizes part of our field research on the subject of social entrepreneurship, reflecting 26 years of combined experience. It explains the first step in the process of creating a social enterprise, testing the idea, that is designed to make modest profits while attacking and ameliorating a social problem. We provide a series of practical and pragmatic tools that people should use when starting a social enterprise.

money

Venture capital-backed initial public offerings more than doubled during the second quarter from the previous quarter and rose 90% from a year earlier, with 21 companies raising a combined $2.2 billion during their stock-market debuts, driven by the highest number of biotech venture-backed IPOs in nearly 13 years, according to Thomson Reuters Corp. (TRI, TRI.T) and the National Venture Capital Association.

During the quarter, 13 of the offerings were in the life-sciences sector, representing 62% of the total. Biotech offerings, at 11 deals, marked the highest level since the third quarter of 2000, when 13 companies went public.

Philadealphia

Osage Venture Partners and Kickstart Seed Fund have co-led a $3 million Series A venture-capital funding of RackWare Inc. Nate Lentz, a managing partner with Osage Venture Partners, and Gavin Christensen, a managing director with Kickstart Seed Fund, will join RackWare’s board of directors. RackWare develops technology used to manage data centers and cloud computing. The company has offices in Santa Clara, Calif., and Wayne, Pa., about 15 miles from Osage Venture Partners’ office in Bala Cynwyd, Pa.

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There is no instant antidote to communication breakdown, but there are still steps that can be taken to getting better. Articlesbase offers up four solutions. The first is to find out with the problem really is, as three people complaining about lack of communication could all be complaining about different things. Ask people to get specific about their concerns. Next, review your communication chain; if the system itself works, it means the people using it are the thing that needs fixed. Third, create communication training programs based upon what specific skills your workers need to develop. With all that accomplished, explain to employees why you want them to change or learn new skills, especially in a way that makes them feel it will bolster the employee’s value.

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Tear down the walls and convey what you mean in the most effective way possible. Management Study Guide provides a list of eight barriers that you need to overcome. They include perceptual and language differences, information overload, inattention, time pressures, distraction/noise, emotions, complexity in organizational structure, and poor retention. Some takeaways include pairing down information to give just the vital parts an employee needs, being mindful of human retention rates, and not allowing time limits to become a source of cutting corners when information is being passed around. Basically, it is probably safe to assume that you are never getting your message through entirely. The best you can do is limit how muddled the message becomes.

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Crowdfunding refers to a collective effort of individuals who network and pool their resources, typically through online fundraising. Crowdfunding websites are established to allow solicitation of money for a variety of purposes — organizations or individuals to which the funds are given can b…

oxford dictionary

Historically, technological breakthroughs have been led by the innovations of the few with access to the resources and platform to influence, but something exciting is happening on the worldwide web that is turning this precedent on its head.

Crowdsourcing, as defined by Wired Magazine, represents "the act of a company or institution taking a function once performed by employees and outsourcing it to an undefined (and generally large) network of people in the form of an open call."

iam

A post over at the Innovation Excellence blog has just brought my attention to an interesting study from the UK Innovation Research Centre (UK-IRC). While it is a little dated – having first been published in June 2011 – the report contains some fascinating insights into the important role that patents and other forms of IP protection play in open innovation among British SMEs.

The report from Andy Cosh and Joanne Jin Zhang of the UK-IRC – entitled ‘Open Innovation Choices - What is British Enterprise doing?’ – suggests that small to medium sized UK companies that obtain more patents relative to their peers are more likely to engage in open innovation, share technology and information externally and collaborate with third parties.

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In a small, dark, room off a long hallway within a sprawling complex of buildings in Silicon Valley, an array of massive flat-panel displays and video cameras track Grit Denker’s every move. Denker, a senior computer scientist at the nonprofit R&D institute SRI, is showing off Bright, an intelligent assistant that could someday know what information you need before you even ask.

Initially, Bright is meant to cut down on the cognitive overload faced by workers in high-stress, data-intensive jobs like emergency response and network security. Bright may, for instance, aid network administratorsin trying to stop the spread of a fast-moving virus by quickly providing crucial infection information, or help 911 operators send the right kind of assistance to the scene of an accident. But like many other technologies developed at SRI, such as the digital personal assistant Siri (now owned by Apple), Bright could eventually trickle down to laptops and smartphones. It might take the form of software that automatically brings up listings for your favorite shows when it thinks you’re about to sit down and watch TV, or searches the Web for information relevant to your latest research project without requiring you to lift a finger.

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Twenty-one-year-old Lucas Duplan just raised more millions than his age.

The first-time entrepreneur and recent Stanford graduate (he finished a computer science degree in three years) has been working on a mobile payment app for the past two years. He's now been awarded $25 million from a long list of Silicon Valley investors which includes Andreessen Horowitz, Peter Thiel, Accel Partners' Jim Breyer, Intel, Intuit, former Facebook COO Owen Van Natta, Salesforce CEO Marc Benioff, the founders of Qualcomm and VMware, and many others.

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The Fueled Collective is a 18,000 square foot co-working office space in New York City's posh SoHo neighborhood. The Collective was started by Rameet Chawla and Ryan Matzner as a new business to complement the company's lucrative app development firm, Fueled.

Chawla has been involved with the tech industry since 2004. His primary company, Fueled, makes gorgeous apps for heavyweight companies like Porsche, Ducati, Proctor & Gamble, Hallmark, and the Chicago Bulls, to name a few.

INewImagef you’re in startup mode, you may have had a couple of roadblocks on the way to getting your business running the way you want. Here are four of the biggest roadblocks to startup productivity and how you can overcome them:

1. Waiting for a Perfect Mental State

We have all heard of the dangers of perfectionism early on. Sometimes we also wait until we have a perfect mental state to complete work as well. While we should always try to capapitalize on those times when we feel most energetic, there are still times we find ourselves bootstrapped with a deadline and we are mentally tired and just not there. A good strategy is to do more in the times when you have a lot of mental energy and then in the times when you have less mental energy, focus on easier and less complex task.

Chicago

The National Institute for Pharmaceutical Technology and Education, Inc. (NIPTE) has announced the appointment of Jordan L. Cohen, Ph.D., as its interim executive director starting July 1, 2013. Cohen will replace NIPTE's founding executive director, Prabir K. Basu, Ph.D., who will retire this summer after a long and distinguished career in pharmaceutical industry.

Cohen received his bachelor of science in pharmacy and doctorate in pharmaceutics from the University of Wisconsin, Madison. He then served as a faculty member at the University of Southern California for nearly 20 years. From 1988 to 1999, Cohen served as dean of the College of Pharmacy at the University of Kentucky before moving to the University of Iowa where he served as dean for eight years. Most recently, Cohen served as the interim vice president of research at the University of Iowa. He currently remains on the faculty of the University of Iowa and serves as special associate to the provost responsible for science and mathematics education and translational science initiatives. From 2008-2012, Cohen served on the NIPTE board of directors representing the University of Iowa.

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Yesterday, Silicon Valley won a small but important victory. The United States Senate approved major changes to the existing immigration laws, including introducing a new path to citizenship for those already in the country illegally.

The bill passed 68 to 32 and now heads to the House. But the bill may get held up there.

Immigration reform is an issue that has captured the attention of Silicon Valley’s executives. Tech influencers like Mark Zuckerberg and Marissa Mayer formed a public advocacy group called FWD.us to push for a ”startup visa” for foreign-born entrepreneurs. They are also hoping for an increase in the number of highly-skilled immigrants allowed into the country, which would make it easier for them to hire engineers and programmers from abroad.

Wharton

Creating and developing new ventures is not only essential to individual entrepreneurs, but also to large corporations trying to renew their established business activities. Known as ‘corporate entrepreneurship’, there is a widely established research stream in management literature that tries to determine how corporations effectively implement venture activities. From an organizational perspective, corporations need to overcome the dichotomy of autonomy and integration when implementing corporate entrepreneurship. On the one side, ventures may only succeed through autonomy and independence from corporations’ established operations and businesses. Without such autonomy, there is the threat of inertia, insufficient flexibility, and a focus on corporations’ daily business such that the development of new business opportunities is impeded. On the other side, ventures can strongly benefit from linkages to corporations’ established operations and businesses. In particular the exchange of knowledge, the common utilization of resources and capabilities, and the coordination of operations, and customer relationships are central to a ventures’ long-term prosperity. In short, the effective implementation of corporate entrepreneurship requires both the creation of independence and autonomy, as well as the integration and coordination with a corporation’s established businesses.

illinois

This quarter, the Index explores the topic of talent through four data sets: science, technology, engineering, and math (STEM) degrees, STEM occupations, online job postings, and migration trends for Illinois and the Chicago region. For companies in a range of other industries, including high-tech startups and advanced manufacturing, a sufficient STEM workforce is required for every phase of innovation. This quarterly edition of the Illinois Innovation Index examines recent trends in the attainment of STEM degrees in Illinois, tracks the growing demand for STEM occupations, and measures the attraction and retention of a key component of the state and regional workforce.

workout

You have your health routine all figured out. Maybe you run three miles every morning, pack a nutritious lunch for work, or go for a brisk walk after dinner. But when a conference or business trip comes up, you regress to eating unhealthy meals, skipping workouts, and shorting yourself on sleep. The good news is that there are many ways you can adapt to stay fit and healthy — even when you’re away from home.

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Jobs in the hidden market are much better than the jobs listed in the public market.

The point of this article is to strongly suggest that job-seekers should only spend 20% of their time working the job boards and most of it networking. A lesson in hire economics helps explain why.

Last week’s Department of Labor (DOL) report indicating that total nonfarm employment increased in May by 175,000 was greeted with a collective sigh of modest relief. Unfortunately the June 11 DOL JOLTs report of open jobs forecasts a summer of renewed hand-wringing.

cloud

The power of TechStars is being put to the test by the demands of education. On Tuesday, the Kaplan EdTech Accelerator, powered by the well-known Boulder, Colo.-based startup program, will announce its inaugural cohort of companies.

Back in February, the two companies announced the new New York-based program, which combines Kaplan’s expertise and cachet in for-profit education with TechStars’ experience mentoring and training up-and-coming startups. In addition to its debut class of 10 startups, which was selected from an applicant pool of 350, the companies announced that they have upped the amount of funding available to each startup. On top of the $20,000 given to each company in exchange for six percent equity, TechStars and Kaplan are offering each startup a $100,000 convertible note.

how do you rank?

When creating their website or blog, people tend to think about what they’re going to post on it, thus ignoring the search engine ranking aspect of it. And even if some people realize the importance of quality SEO, because of the huge number of webpages on the internet and due to the different obstacles which may arise at anytime, getting on the front page of search engines may prove to be quite challenging.

Each search engine uses a predefined formula in order to rank its content, and even though these formulas differed from website to website, all search engines took some common factors into account when ranking the website. Many people wish to get to the very top, but few of them truly manage to. Next, we’ll discuss 5 of the less known factors which can affect your search engine ranking:

innovation

"Any organization that wants to innovate, wants to be prepared to innovate, I think, has to have a few things in place," Ideo CEO Tim Brown tells the Yale School of Management. "Perhaps the most important thing is methods for having an open mind."

Ideo, as you may know, is one of the world's leading creative consultancies: our profile of their founder David Kelley shows how they build their design thinking methodology: the careful defining of problems and sussing out their solutions in a way that would make Einstein proud. And fittingly enough, Brown says innovation requires a certain passionate curiosity.

Looking for a Job

Given his calm and reasoned academic demeanor, it is easy to miss just how provocative Erik Brynjolfsson’s contention really is. ­Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine.

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Small companies will have to reveal less information in annual financial statements as a result of a red-tape cutting measure formally accepted by a vote in the European parliament in Strasbourg yesterday (12 June). The new accounting directive (see background) permits small companies to prepare only abridged balance sheets and profit and loss accounts, although such enterprises remain entitled to provide more information if they wish.

The new rule affects companies with less than 50 employees, a turnover of not more than €8 million and/or a balance sheet total of not more than €4 million, which are defined as small in the directive.

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Facebook and Pinterest may be the biggest players in social media - but they don't own the social commerce space. Social commerce is still a young category, with room for new formats and innovations that might bring the worlds of social media and e-commerce into closer synergy.  

Other players, from daily deals site Groupon to Chinese e-commerce giant Alibaba, have also tried to leverage social ingredients to boost retail sales, drive user engagement, and build brand loyalty.

Deere & Co. Chairman and CEO Sam Allen, right, greets Gov. Terry Branstad inside a $35 million, 300,000 square-foot manufacturing addition to the John Deere factory in Ankeny on Tuesday morning. Lt. Gov. Kim Reynolds is at far left. / Christopher Gannon/The Register

Like many in Iowa, Lt. Gov. Kim Reynolds’ ties to Deere & Co. run deep, she told about 350 people Monday attending the official opening of the farm equipment manufacturer’s latest addition in Ankeny.

Reynolds said her father, Charles Strawn, worked for more than 40 years at the Des Moines Works plant, eventually moving from the assembly line to supervising production of the plant’s cotton harvesters. “We know first-hand the impact this great company has on families and communities all across the state of Iowa,” said Reynolds, whose grandfather, John Strawn, also worked at the plant.

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If your goal is to live a boring life and be like everyone else, you are probably well on your way. However, if your life goal is to make your own decisions and live on your own terms; look at what the masses are doing, then start doing the opposite. Changing your life isn’t difficult. These 25 straightforward ways to live differently are small changes that result in a big difference. Try giving them a shot. 

25: Think Big

Most people aim for what they think is attainable, but in reality, they are only giving in to limiting beliefs. It’s just as easy to think big as it is to think small; it only takes a small shift in your mindset. Besides, when you think small, you have to compete with everyone else who thinks that way. Think big, and you’ll be in a class of your own.

dolphin

The waters of our business practices are as bloody as ever. And bloody waters make for muddy waters, contributing to costly blunders, wasted motion, nonproductive expenditures and other dispiriting outcomes.

How best to change this? Think like a dolphin, not a shark.

Really?

Well, obviously, I’m not here to urge that we add ocean-going dolphins to our business school faculties. (However, most MBA candidates probably would benefit from knowing how actual dolphins fight off actual sharks . . . . Hint: Circle and ram! Circle and ram!)

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To be upfront about where we stand, yes – we are great supporters of tapping into the wisdom of the crowd for many pursuits – for citizen engagement, open innovation, or crowdfunding. That said, we realize that it’s important to be aware of the fact that there are risks to consider. This article is a response to the concerns raised by people we meet along an organization’s path of considering crowdsourcing to fulfill a particular need for their organization or their constituents.

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Minnesota venture capitalists investing in med-tech have reason to be gloomy, but a rise in first-time financing for tech companies could be good news for the state going forward, National Venture Capital Association (NVCA) President Mark Heesen writes in a blog post. Heesen said he had to reiterate some bad news about "waning" investments in the med-tech sector when speaking at an entrepreneurship event in the Twin Cities — a trend he said could prove "grave" if it doesn't turn around.

Nike

Nike's Fuelband activity monitor is all about the numbers.

So when Dylan Boyd, managing director of the Nike+ Accelerator partnered with TechStars, took the stage Monday at Nike (NKE) world headquarters in Beaverton, Ore. for the program's demo day, he revealed some interesting stats from the accelerator's three-month stint. Over the previous 84 days, the 10 participating startups had earned 3,472,366 NikeFuel points while giving 4,683 pitches and participating in 2,880 speed-mentor sessions. And logging long hours and late nights in their Portland, Ore. workspace, they also drank 6,412 cups of Starbucks (SBUX) and Stumptown coffee (and recorded a high score of 212,256 on the office PAC-MAN machine).

iphone

One week before world leaders gather for the G8 Summit, Ashoka joins the Bill and Melinda Gates Foundation, the United Nations Development Programme, the United Nations Foundation, Mashable and the 92nd Street Y to launch G-Everyone, a day of dialogue that invites everyone to share their ideas on how to address global challenges. We asked two Ashoka fellows: How can innovation stimulate your local economy?

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The most successful economic periods in the Dominican Republic have been fuelled in the past by growth in tourism, telecommunications and maquiladora manufacturing but a handful of entrepreneurs are working to add new pioneers across all economic sectors. As part of my recent series on Latin America, we take a quick look at developments from the Dominican Republic.

In July 2012, the Multilateral Investment Fund (MIF), the Development Bank of Latin America (CAF), and local tech-based business incubator Emprende signed a $1.2 million agreement establishing the first seed capital fund in the Dominican Republic. The authors were smart to avoid the mistakes of other governments and establish it as a co-financing mechanism, allowing entrepreneurs to raise resources from the private sector through the Enlaces angel network. Only when angel investors have allocated capital in early-stage development ventures can entrepreneurs be considered for funding.

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You are not Tony Stark. 500 Startups founder Dave McClure made the point quite clear during his keynote at Echelon 2013. But even if the genius behind Iron Man is cool and you are not, you can build great things on the platforms that the cool guys have been making so far. Of course, by Tony Stark, Dave is referring to guys like Larry Page, Sergey Brin, Steve Jobs and Mark Zuckerberg. They have built great platforms with billions of users, and the question now is how can an entrepreneur take advantage of the likes of Facebook, iOS, Android and Google? This is said in the context of having what is supposedly a series A crunch, especially in Silicon Valley. We are at an era when there are a lot of new startups, and a handful of seed investments, but there is the supposed cliff: what happens when you need more money, but there is just too much competition?

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Nearly all the plastics sold today come from petroleum and aren’t biodegradable. But researchers at Metabolix in Cambridge, Massachusetts, are genetically engineering switchgrass to produce a biodegradable polymer that can be extracted directly from the plant.

That could transform the economics of making biodegradable polymers. Metabolix already sells such a polymer, but it’s produced by bacteria that feed on plant sugars in expensive fermenters. A plant-based process, which could use crops grown on marginal lands, would require less equipment.

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Massively viral earned media blockbusters, real-time culture bombs and socially conscious gestures will feature heavily among the big winners at the International Festival Of Creativity (fka the International Festival Of Advertising, aka the Cannes Lions) which kicks off June 16.

It’s assured that videos like Metro Trains’ “Dumb Ways To Die” and Dove’s “Real Beauty Sketches” will win, and Red Bull’s gargantuan space jump project certainly should, but it’s slightly less easy to predict in which category (for award show purposes, is Red Bull Stratos media? Innovation? Titanium? Brand Content? PR? Design? Yes).

SLEEP MORE TO WEIGHT LESS?: Research from controlled trials is accumulating to suggest that just skipping a couple hours of sleep could make for big--and not so great--biological consequences for your body.

If sleep is the new sex, as some have suggested, Americans might be surprised to find out just how randy the country has become.

In a few weeks, the Bureau of Labor Statistics will release a study called the American Time Use Survey (ATUS). This study, done annually, tracks how 12,000 Americans spend their time. The 2012 figures showed that the average American gets 8.71 hours of sleep on a given day. That’s 8.45 hours on weekdays and 9.35 hours on weekends. To be sure, those averages include college students and retirees. But with 12,000 people, the ATUS can report by demographic groups. Its researchers find that even working parents of kids under age 6 average more than 8 hours (8.18 for men; 8.37 for women).

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It’s no secret that iRobot’s domestic cleaning machines can carry some interesting things while they putter around and wipe up your floors, and iRobot and Cisco have taken that notion to its next logical step. The two companies have just announced that they’ve taken this smart roving robotics platform and stuck this pricey enterprise video conferencing monitor on top, all to facilitate West Wing-style walk-and-talks with colleagues who couldn’t be bothered to schlep into the office.

Abookss technology evolves, so too must knowledge management.  Mark Horton, Marketing Programs Manager at Socialcast, notes that there is a distinct shift taking place in the industry from being an “industrial-based society” to “an information-based” society.  This means more jobs have been given to machinery instead of people.  The end result of this is a smaller workforce, as Horton points out, that relies on knowledge that is so rarely documented or logged.  This is creating a strong demand for superior knowledge management techniques.

computer

"You probably spend more time in your browser than in bed," Johnathan Nightingale, VP of Firefox Engineering, said recently. And he's right: spending lots of time on the Internet is our reality — guilty as charged. We (as in you, me, and the rest of the online world) rely on the Web a great deal, which is why our choice of browser, our means of transport within the World Wide Web, is crucial.

We're "living online," Johnathan says, pointing, clicking, and scrolling through most of our waking moments, and our browsers should help us, the globe's cybercitizens, be more productive and communicate more effectively.

networking

Larry Miller, CEO of Activate Networks, once gave us a telling case study. His consultancy was hired by an engineering company to map metrics of success--things like patents and products brought to market--onto the teams of six or seven within the innovation-centric company.

More than quality of work, he says, the relationships that a team had was critical: the best teams had at least one person well-connected across the company.

Obama

Pointing to an “explosion” of abusive patent litigation in recent years, the Obama administration this week unveiled its plan to better protect American innovators.

On Tuesday, the White House issued five executive actions and seven legislative recommendations aimed at protecting innovators from frivolous litigation and ensuring the highest-quality patents.

Among the five actions: making “real party-in-interest” the new default.

latvia-protest-euractiv

The potential for social unrest in European Union countries is higher than anywhere else in the world and the already yawning gaps between rich and poor, a major trigger, are likely to widen globally, the International Labour Organisation said on Monday (3 June).

In its annual World of Work Report, the ILO said social unrest – strikes, work stoppages, street protests and demonstrations – had increased in most countries since the economic and financial crisis that began in 2008.

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React Labs, an early stage company commercializing a comprehensive mobile technology platform for real-time polling, has been awarded $100,000 in funding from the Maryland Innovation Initiative (MII), company officials announce today.

Founded by University of Maryland Professor Philip Resnik, who holds joint appointments in the Department of Linguistics and at the Institute for Advanced Computer Studies (UMIACS), React Labs offers a mobile application that allows a very large numbers of participants to register their moment-by-moment reactions to live and televised events, providing a highly engaging user experience and producing rich, detailed data for analysis.

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A line of deadly storms moves through Oklahoma in this image captured by NASA's MODIS satellite at 2:40 p.m. CDT on May 20, 2013. As this picture was taken, a deadly tornado, likely a F-4, was beginning its deadly journey through Moore, Okla., a suburb of Oklahoma City. Dozens were killed and entire neighborhoods devastated as the mile-wide funnel cloud touched down.

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Marketers everywhere may be talking about creating a fast-moving culture of innovation, but most CMOs will tell you it’s an arduous, uphill climb.

A new report from Forrester says the trait shared by companies that are either the most successful innovators, the fastest, or both is knowing exactly what kind of marketing culture they already have, and what kind they hope to build.

Digital

Digital Payment Technologies (DPT), a leader in the design, manufacture and distribution of multi-space parking pay stations, and PassportParking, a cloud-based parking solutions provider, today announced two new joint customers. CityParking Inc. has paired its DPT pay stations with PassportParking's enforcement solution, and California State Parks have selected DPT and PassportParking to offer its customers a mobile payment solution.

DPT has built its pay stations, Enterprise Management System (EMS) and Back Office Support System (BOSS) around an open system architecture that allows integration with complementary technology partners. This enables its customers to select and rapidly deploy solutions from a wide variety of parking technology providers in order to create a customized and completely integrated parking management system.

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Will KALQ become the keyboard of choice for mobile devices? It has demonstrated a 35% faster typing rate over the QWERTY layout.

But here is why it will fail.

The QWERTY keyboard is the classic example of dominant design. Dominant design: from a range of possible designs for a product launched, one design becomes the standard and everyone uses it. The dominant design is not always the best design, but does become the most accepted design. Once entrenched, it is extremely hard to remove.

Mark Heesen of the National Venture Capital Association.

Celebrating its 40th anniversary, the National Venture Capital Association on Tuesday convened for its two-day annual meeting, now called VentureScape, in San Francisco with many issues on its plate including finding a president to replace retiring Mark Heesen.

More than 600 people are expected to attend the event which features high-profile speakers such as former Secretary of State Colin Powell and International Business Machines Chief Executive Virginia Rometty as well as a chance for about 160 startups to meet with venture firms at what is billed as the world’s largest office hours. There is also plenty of opportunity to network, such as a party Tuesday evening at a local music hall that features bands whose members include VCs.

Upward GRaph

Local businesses have seen needed venture capital and loans in greater abundance in recent months.

The amount of venture capital investment funneled to Montgomery County and Washington-area companies in 2013’s first quarter jumped by 30 percent from the same period a year ago, according to a recent report.

The $286.3 million invested in local companies in the first three months was the most in the quarter in five years, according to the report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data by Thomson Reuters.

new york city

The New York City Regional Economic Development Council (NYCREDC) and NYC SeedStart have announced “NYC SeedStart Enterprise 2013,” a startup focused accelerator program in New York City. The initial program will target entrepreneurs tackling enterprise solutions and provide resources and opportunities for the entrepreneurs to collaborate with one another, discuss problems and challenges, and build the next generation of enterprise technology. NYC SeedStart Enterprise 2013 is part of a series of six business accelerator programs moving forward on the strength of a $550,000 award from Governor Andrew M. Cuomo’s Regional Council initiative, as well as corporate partners CA Technologies, Deutsche Telekom and others.

world map

You probably haven’t heard of HD Moore, but up to a few weeks ago every Internet device in the world, perhaps including some in your own home, was contacted roughly three times a day by a stack of computers that sit overheating his spare room. “I have a lot of cooling equipment to make sure my house doesn’t catch on fire,” says Moore, who leads research at computer security company Rapid7. In February last year he decided to carry out a personal census of every device on the Internet as a hobby. “This is not my day job; it’s what I do for fun,” he says.

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Arrays of transistors made of nanowires could form the basis of a new class of devices nearly as sensitive to mechanical force as human skin is, according to research published today in Science.

The inventor of the technology, Zhong Lin Wang, a professor of materials science and engineering at Georgia Tech, says it has immediate applications in human-machine interfaces. For example, it could be used to capture electronic signatures by recording the distinctive force an individual applies while signing. Down the road, says Wang, his group’s pressure sensor arrays could equip robotics and prosthetics with a human-like sense of touch.

obama

President Barack Obama dropped in on the National Academy of Sciences today to help it celebrate its 150th birthday. The president said he's committed to increased public investment in scientific research, contending this is necessary in order for the U.S. to retain its technological edge. Under sequestration, however, federal spending on research is being cut, not increased.

SBA

The Case Foundation today announced that Sean Greene has joined the organization as Entrepreneur in Residence. Having spent more than 20 years as an entrepreneur and investor, Mr. Greene most recently served as Associate Administrator for Investment and Special Advisor for Innovation at the U.S. Small Business Administration (SBA).

At the SBA, Mr. Greene was responsible for both the Small Business Investment Company (SBIC) program, a growth capital program with approximately $18 billion of assets under management, as well as the Small Business Investment Research (SBIR) program, one of the government's largest innovation programs, which provides over $2 billion of R&D funding to small businesses each year. He also led SBA's efforts focused on stimulating high-growth entrepreneurship and was one of the key leaders in the Administration's Startup America initiative.

save money

Two years after closing on roughly $2 billion in new commitments, the venture capital firm Insight Venture Partners is raising more money.

The firm — which counts microblog Twitter, newsreader Flipboard, blog site Tumblr, and daily-deals site Living Social among its investments - has raised $1.49 billion and has plans to raise roughly $900 million more, according to U.S. Securities and Exchange Commission filings made on Friday.

Conference

Organized by TechConnect and in support of the White House and Congressional call for innovation commercialization initiatives, the National Innovation Summit and Showcase (NISS) will take place May 12-16, 2013, just outside the nation's capital at the Gaylord National Hotel & Convention Center in National Harbor, MD.

The co-located National Innovation Summit, the National SBIR Conference and the TechConnect World Conference has put together a world-class set of innovations, speakers, partnering and acceleration programs during the four day event in May.  Program specifics include a two-day National Innovation Showcase with hundreds of vetted breakthrough technologies, over 50 federal funding agencies, corporate strategic interest panels, and a three-day intensive SBIR program with representation from most every agency commercialization office.  Topping off this week of programs will be a premier roster of innovation to commercialization keynote presenters including:

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Once again we’re stepping into spring with more exciting programming in health entrepreneurship.  Our Rock Health Skillshare series is open to the public and provides a unique opportunity to get an in-depth look at critical issues in health innovation, as well as a peek at Rock Health HQ in Chinatown (Dim sum anyone?).  Classes generally range from $25-$30 and we provide snacks, refreshments, and ample opportunity for networking afterward.  Our teachers have extensive real-world domain expertise that they are enthusiastic about sharing with others.  Upcoming classes include:

Technology

At the 2013 BIO Conference, I sat in on a session discussing the challenges and issues with managing collaborations and transferring technology between academic research groups and companies. The session, Behind the Tech Transfer Headlines: What are You Missing? featured two panelist from pharmaceutical companies, Atul Saran, who oversees Corporate Development and Ventures at MedImmune, and Monica Rosoff who directs of Alliance Management at Gilead Sciences, as well as two from academic institutions, Leslie Millar who leads technology management at the University of Illinois, Urbana-Champagne, and Jonathan Sonderstorm who oversees the Office of Cooperative Research at Yale. Sonderstorm moderated the session.

NVCA

Today, the National Venture Capital Association (NVCA) and the Medical Innovation and Competitiveness Coalition (MedIC) released Patient Capital 3.0: Confronting the Crisis and Achieving the Promise of Venture-Backed Medical Innovation. The report, which is in its third release, highlights the contribution of venture capital to medical innovation and provides perspective on the current investment environment in the U.S. for life sciences.    

“Venture-backed medical innovations still provide the critical new drugs, medical devices and diagnostics that improve and save the lives of millions of Americans, but the environment for investing in these breakthroughs has become increasingly challenging,” said Jonathan Leff, Partner at Deerfield Management and Chairman of MedIC. “While the promise of science to help solve our most pressing medical problems is extraordinary, the time, cost and uncertainty involved in building start-up companies that advance fundamental medical innovations have all risen, driving some investors away from the life sciences arena in recent years. We continue to express to policymakers the importance of promoting an environment that encourages investment in medical innovation.”

Ben Fidler

What if you could create a biotech startup focused on treating a rare disease, with a drug candidate already in hand, and high odds of success in clinical trials?

That’s the concept that crystallized in former MedImmune executive David Mott’s mind through decades of experience in the life sciences sector. The idea ultimately led him to start a Cambridge, MA-based biotech incubator called Cydan. This new organization, formally announced this month, has been staffed with a hand-picked squad of specialists tasked with churning out a lineup of small companies that make drugs for orphan diseases.

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Cleveland Clinic’s corporate venture arm is turning to its general manager of IT commercialization to fill the role of departing Executive Director Chris Coburn–at least temporarily.

The Clinic said today that Gary Fingerhut will head Cleveland Clinic Innovations as interim executive director when Coburn leaves at the end of May to begin a similar position at Partners HealthCare in Boston.

Barbara Mowry

The Ewing Marion Kauffman Foundation today announced that two individuals with deep knowledge and experience in both business and education have joined the Foundation's Board of Trustees. Barbara Mowry, chief executive officer of GoreCreek Advisors in Greenwood Village, Colo., and chairman of the board of the Federal Reserve Bank of Kansas City, was elected along with John Sherman, chairman and chief executive officer of Kansas City-based Inergy, L.P. and Inergy Midstream, L.P.

tandem

Silicon Valley’s Tandem Entrepreneurs has always been a small operation, focusing attention on a dozen or so mobile technology startups each year, but it’s showing signs of getting bigger. On Friday Tandem announced it has brought on two new partners: former BlackRock Asia-Pac Chairman Rohit Bhagat and Doug Ellis, co-founder of online advertising tech company Turn.

Considering that before these new additions Tadem had a roster of only three partners, that’s significant growth. Tandem typically accepts into its accelerator program three or four early-stage startups each quarter, making a $200,000 investment in each, as well as providing office space and mentoring.

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The US saw more venture-capital deals last quarter than at any time since the dot-com boom, with some states upsetting others in the competition for startup dollars, according to a new report.

An analysis of venture deals by VC database CB Insights found New York at No. 2, behind only California.

UniversityofUtah

April 19, 2013 – The University of Utah today announced significant changes to technology commercialization activities that will further strengthen efficiency of tech transfer across campus.

Following a comprehensive review of the program, university President David Pershing announced the position of vice president for technology venture development has been eliminated. Units and individuals formerly under that vice president will instead report to Vice President for Research Tom Parks in his capacity as president of the University of Utah Research Foundation.  Student programs will report to the Lassonde Institute.

Renee Finley, vice president of corporate and market strategy for Florida Blue and Senior Director Business Innovation Les McPhearson are helping lead the Healthbox initiative in Jacksonville.

The state of health care — “a massive industry that’s wildly broken,” as one entrepreneur put it — is driving a collaboration between Florida Blue and Healthbox, a business incubator that will gather startup companies in Jacksonville. “A lot of companies are finding opportunity in how to improve efficiences, how to improve health care, and that creates a lot of opportunities for the entrepreneur,” said Mark Hall, CEO of United Preference, who completed the inaugural Healthbox program in Chicago in early 2012.

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Here's a simple way to potentially save hours of your time each week, by investing a total of about five minutes.

First thing one morning, take a piece of paper and write a column of numbers representing each hour from the time you wake up until you go to sleep. For me, the list would start 6, 7, 8, 9, 10, 11, 12, 1 and go all the way back to 12. (So far, you have invested about fifteen seconds.)

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A new office of entrepreneurship and technology transfer, located in Parkhurst Hall, aims to stimulate student and faculty entrepreneurship and assist in creating marketable products from classroom technological innovation. Engineering professor Tillman Gerngross will serve as associate provost and Trip Davis ’90, a biotechnology entrepreneur and administrator at the University of Virginia’s Darden School of Business, will be executive director. The new office will pool and provide resources related to entrepreneurship, intellectual property and technology commercialization by facilitating communication between undergraduates and the College’s graduate schools. The office seeks to foster a culture of entrepreneurship and expand the breadth of activities and opportunities for community members interested in entrepreneurship.

Facebook

Facebook COO Sheryl Sandberg has emerged as a leading voice for gender equality since she delivered, in late 2010, a provocative TEDWomen address on why a smaller percentage of women than men reach the top.1 In this interview—available here as both a video and an edited transcript—with McKinsey’s Joanna Barsh, Sandberg (an alumnus of McKinsey, the US Treasury Department, and Google) expands on issues from her new book, Lean In: Women, Work, and the Will to Lead (Knopf, March 2013), and explains why women need to “lean in” to gain confidence, develop skills, and become more comfortable as leaders—herself included.

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If you take a daily run through all the media aggregators, newsletters, blogs and so on and read just one day’s worth of every single piece you run across relating to innovation, you’ll find something curious. The word “innovation” has become meaningless.

This is a sad state of affairs.  There was a time (wasn’t there?) when “innovation” was a good, useful, workaday word . . . one that carried its own weight, conveyed what it intended and went about its business in a solid, reliable manner.  It was a useful term and it merited a spot in the lexicon of both organizational science and business.  Alas, such is no longer the case. We use the word so many different ways, in so many different contexts, with so many different purposes, that what any one person means when using the word “innovation” is anyone’s guess.  And it usually is just that – a guess.

2012

Brace for more dour figures on venture investment in biotech. Despite some bright spots in life sciences venture investing, a new study finds that VC players in biotech and devices might struggle to sustain investment levels. And one of the few consolation prizes for the companies that won venture deals is that valuations inched up in 2012.

Kauffman Foundation

Venture capital is the exception, not the norm, as a funding source for startups. More VC-backed new companies fail than succeed, and since 1999 VC funds have barely broken even. Those are just some of the myth-busting facts revealed by Diane Mulcahy, director of private equity at the Kauffman Foundation and a former VC herself, in the May issue of the Harvard Business Review that focuses on entrepreneurship.

“For someone who’s starting (or thinking of starting) a company, the myths surrounding venture capital can be powerful,” Mulcahy writes. “In this article I will challenge some common ones in order to help company founders develop a more realistic sense of the industry and what it offers.”

NiYRSZ Planar Half Cell Reduced (x1000)

CoorsTek recognizes that the most challenging aspects of commercialization in the Solid Oxide Fuel Cell (SOFC) market is high-volume, low-cost production of coated anode support components. Commercial success will be most economically viable at gigawatt scale production volumes. CoorsTek is positioned to support the growing ceramic component demand for those companies participating at market-scale volumes at reasonable cost targets.

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Early stage startups are going to be happy with today’s funding daily. A new $282 million fund is being put to use in your honor.

Foundation capital raised the large sum of money and is scouring Silicon Valley and beyond for early stage startups to invest in. Indeed, all of the investments announced today had to do with a first or second round of funding.

Elizabeth H. Blackburn, who shared the 2009 Nobel Prize in medicine, talks about her work on telomeres, and when she knew she wanted to be a scientist.

Scientists are trained to be skeptics, and Elizabeth H. Blackburn considers herself one of the biggest. Show her the data, and be ready to defend it.

But even though she relishes the give and take, Dr. Blackburn admits to impatience at times with the questions some scientists have raised about one of her ventures.

“It’s just such a no-brainer, and yet people have such difficulty understanding it,” she said.

cancer finding device

Doctors typically diagnose cancer via a biopsy, which can be invasive and expensive. A better way to diagnose the disease would be to detect telltale tumor cells floating in the bloodstream, but such a test has proved difficult to develop because stray cancer cells are rare, and it’s difficult to separate them from the mélange of cells in circulation.

Now researchers from Massachusetts General Hospital and Harvard Medical School say they’ve built a microfluidic device that can quickly grab nearly any type of tumor cell, an advance that may one day lead to simple blood tests for detecting or tracking cancer.

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Innovation in consumer hardware technology may not be dead. But we don't need our gadgets to improve in the same way we used to. Our PCs, smartphones and tablets are already very fast, thin and light. With a device no bigger than a candy bar, you can perform complex tasks with a single finger. You can fetch information with your voice, watch a movie, compose a song, capture your child's first steps at a moment's notice and communicate with the world -- from virtually anywhere.

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It won’t open until early 2014, but there’s a fascinating new project percolating in Kendall Square: The Lab Cambridge, a gallery and workspace intended to be a supercollider for artists, scientists, students, and entrepreneurs. It’s a project of Harvard professor and entrepreneur David Edwards, with financial backing from two local venture capitalists, that’s located at 650 East Kendall St., near the skating rink and Genzyme tower.

obama

In announcing a new government initiative to map the brain Tuesday, President Obama repeated a statistic he had used in the State of the Union address—one that we had been meaning to examine more closely. Certainly, the president’s broader point is correct—federal government investment in research is often an important factor in innovations and scientific achievements that have enhanced Americans’ lives. But 140 times return on investment? That sounded a bit too good to be true.

Marc van der Chijs

Vancouver, British Columbia-based Marc van der Chijs may seem like any other venture investor focused on the next big deal and raising a new fund, but this time last year, the Dutchman was fully entrenched in China’s startup scene as he set up another online company.

Marc van der Chijs A serial China entrepreneur, van der Chijs founded one of the country’s most popular online-video websites, Tudou.com, which was acquired by rival Youku in a stock transaction valued at just over $860 million in 2012. Even though Tudou.com closed five rounds of funding and secured $135 million in total, van der Chijs said that raising venture capital in China isn’t easy, especially as a foreigner.

10 big content marketing trends to look out for in 2013 | memeburn

As a startup, trying to get your company in the minds of consumers and investors, life can be difficult. Chances are you have no money for marketing and no clue on how to make it happen.

The best way to market anything is to make it an unavoidable brand. So your mission, should you choose to accept it, is to build a kick ass brand that is second to none. Because you have no money, you have to find a way to do all of this without spending any money or as little money has possible.

VIVEK WADHWA

I have no doubt that my M.B.A. from New York University’s Stern School of Business was one of the best investments I ever made. It helped me climb the corporate ladder and become an entrepreneur. As a tech executive, I would readily pay a premium to hire B-school graduates. I also used to advise tech startups to strengthen their management teams by recruiting professional managers from M.B.A. programs.

I no longer advise startups to hire M.B.A.s and I discourage students who want to become entrepreneurs from doing an M.B.A.

immigrant

Blink and you'll miss a chance at getting a highly skilled worker: The federal government began accepting petitions for H-1B visas today and is expected to surpass its annual limit by the end of this week.

That means the U.S. Citizenship and Immigration Service likely will hold a lottery to determine who gets the 65,000 H-1B visas that are available for fiscal 2014. That's the current limit set by Congress for these visas, which companies use to hire highly skilled foreign workers in fields such as science, engineering and computer programming.

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Incubators, accelerators, co-working spaces, and technology hubs have sprung up all across Africa, all claiming to be the right entity to fuel entrepreneurial activity in their region. This article describes three types of institutions active in the African incubation sector.

Since its origins, business incubation has taken many shapes and forms and the institutions claiming to ‘incubate’ provide varying services, making it difficult to compare them one to another. The term ‘incubator’ in a business sense dates back to the late 1950s and was once used to describe vacant property being subleased to multiple tenants, while providing them with basic business support. As Hackett and Dilts formulated it in their Systematic Review of Business Incubation Research (2004) the baseline for incubators is the “systematic method of providing business assistance to firms in the early stages of their development”.

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Sequester calls for smarter grant process, less venture capitalism

With the sequester in full effect, there are expected to be a number of cuts to new grants across many of the major government agencies, including the National Science Foundation.  

I. Big Cuts in Store

The NSF is expected to see a 5 percent cut, which will kill about 1,000 grants.  The U.S. National Institutes of Health (NIH) are expected to take around a 5 percent cut as well.

healthbox

The second class of the Healthbox accelerator program in Kendall Square gets underway this week. Geared to entrepreneurs developing new software, services and devices for the healthcare industry, the local offshoot of the Chicago-based accelerator has Blue Cross Blue Shield of Massachusetts as its major backer. Entrepreneurs who participate cough up seven percent of their company's equity to Healthbox, in return for free office space, mentorship, and $50,000 in seed funding.

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Most of the entrepreneurs I have met are smart, but many are not always wise. That means they may show great insights into a new technology that has marginal business value, their passion may motivate team members more than customers, or they may allow themselves to be pulled over the ethical line in their success drive. Wise leaders are authentic, timeless, and enduring.

Of course, experience is the ultimate teacher of the differences between smart and wise. But none of us can afford to make that many mistakes, so it helps to understand the basic principles that are key to making wise, as well as smart, decisions. In a new book on this subject, “From Smart to Wise,” Prasad Kaipa and Navi Radjou offer some great observations, based on their years of research and consulting experience with hundreds of leaders.

Audi-

Drivers who use a parking garage in Ingolstadt, Germany, could be forgiven for thinking they’ve died and gone to commuter heaven. They can pull up outside, step out of their car, and let it drive into the garage to find a parking spot for itself. Later, they simply press a button on a smartphone app and their car will obediently return to the garage entrance.

The garage is an experimental project run by the German carmaker Audi; outfitted with numerous laser systems that map the environment in 3-D, it allows specially outfitted cars equipped with radar and wireless receivers to snake their way up through the garage while navigating past other cars, sense an open spot, pull in, and shut off the motor—potentially shaving minutes off a person’s daily commute.

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April Fools Day pranks are not just for friends and family. Here are some of the best recent examples of brands hoping you were born yesterday. 

On April 1st, 2010, a bunch of New Yorkers were made into fools. A rumor began circulating that day that the near-mythic West Coast eatery In-N-Out Burger was coming to New York. A fresh sign adorning a building on 22nd st. and Broadway assured hopeful pedestrians that they were standing at the future site of a burger joint that lets diners order Animal-Style. Unfortunately, nobody gleefully sharing the news seemed to realize it was April Fools Day.

EU

Despite the ongoing economic crisis, innovation performance in the EU is on the rise. However, the latest report also highlights the growing divide between Member States.

The results come from the European Commission’s Innovation Union Scoreboard 2013, and cover the five-year period 2008-2012.

The scoreboard is compiled using numerous criteria which are broken down into three subcategories: ‘Enablers’, ‘Firm activities’ and ‘Output’. These categories encompass areas such as research, finance and support, technical innovators, high-tech product exports and human resources.

The Marvels in Your Mouth

WAGENINGEN, THE NETHERLANDS — When I told people I was traveling to Food Valley, I described it as the Silicon Valley of eating. At this cluster of universities and research facilities, nearly 15,000 scientists are dedicated to improving — or, depending on your sentiments about processed food, compromising — the quality of our meals. 

At the time I made the Silicon Valley comparison, I did not expect to be served actual silicone.

Seth Godin

...is like studying the appreciation of music without listening to it.

The cost of setting up a lemonade stand (or whatever metaphorical equivalent you dream up) is almost 100% internal. Until you confront the fear and discomfort of being in the world and saying, "here, I made this," it's impossible to understand anything at all about what it means to be a entrepreneur. Or an artist. 

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AS GADGETS GET MORE COMPLICATED, UIS MUST BE ABLE TO TEACH THEIR USERS OVER TIME. PHILIP BATTIN SHOWS HOW.

More and more interactive products are being returned. In 2002, 48% of all returned products were technically fully functional but were rejected for failing to satisfy user needs (28%) or purely due to users’ remorse (20%). Even though a product may have all the features one can hope for, complexity and bad user experience can prevent users from integrating it into their lives.

User experiences are subjective and dynamic, but by and large, interactive products are not designed to take people’s changing capacity and experience into account. But they could. Here, I present a model for how designers can use the fundamentals of video games and the psychological principles of flow to design enhanced user experiences.

Todd Park

Government-funded projects have yielded a wealth of information, but much of this data has historically remained locked up in difficult-to-use form. To get this data to people who might start businesses with them, the Obama administration created the position of chief technology officer.

Todd Park, the nation’s current CTO, has plenty of innovation experience. In 1997, at the age of 24, he co-founded his first start-up, called Athenahealth, which provides online data management for physicians. After momentarily retiring to focus on his family he set up two other start-ups before joining the White House team four years ago.

Whisper

You are holding your weekly team leadership meeting. You are discussing with your direct reports how to handle the project delays that have caused the team to miss its quarterly numbers. You know that Ted — one of your direct reports — contributed to missing the numbers by missing two key deadlines. You've seen this kind of behavior before from Ted, and you've seen the team's frustration with Ted. You decide to not say anything to Ted in the meeting, but afterward you privately tell him that how he's letting you and the team down.

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I recently wrote a blog post in which I pointed out that many investors and advisors discourage enterprise startups from having a professional services (PS) business and I think this is a big mistake.

I think it’s important for enterprise startups to layer in professional services to their revenue streams.

PS capabilities are important for enterprise startups because they:

GoldBars

Corey Capasso is only 26, but he's already founded five companies. He founded his first startup, a plastic retainer business in Connecticut, when he was 18. He noticed classmates chewing on pen caps, and thought the experience would be better if the caps tasted like fruit. So he and a partner invented flavored plastic. That business is still up and running, but Capasso went on to another venture. Capasso helped create Spinback, a startup that was acquired by Buddy Media in a mostly-stock deal. That acquisition was fruitful when Buddy Media was acquired by Salesforce one year later for nearly $700 million.

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Angry Birds, Skype and Spotify may all be the product of European creativity, but if the old continent is ever going to challenge Silicon Valley for tech supremacy, it's going to have to do a lot better.

Acknowledging the global dominance of US brands such as Facebook, Google and Apple, the European Commission launched a campaign this week to encourage more technology entrepreneurship on Europe's side of the Atlantic.

"Europeans need to be creative and fearless," Neelie Kroes, the European commissioner responsible for digital issues and technology, said as she launched Startup Europe on Wednesday (20 March).

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SumAll, a New York-based startup that provides data and analytics for small businesses, is extremely young, but according to CEO Dane Atkinson, growth has been "white hot." The company is up to 35 employees, and is now tracking about a quarter trillion visitors across its many data partners and clients. The idea behind SumAll is that it's really hard for small businesses to know whether their marketing efforts are working. So the company takes a huge variety of data from Google, social sites, places like Amazon where small businesses sell things, and a variety of other partners, and puts it into an easily digestible visible format so companies can see what's working. 

Looking for a Job

Washington State can accelerate job growth and become the leading innovation hotspot of the world. So concludes the Washington Economic Development Commission’s final report, Driving Washington's Prosperity -- A Strategy for Job Creation and Competitiveness.

In accepting the commission’s report, Governor Inslee observed: “This is a new era for economic development, an era where embracing innovation, inclusiveness and accountability brings out the best in us.” He added, “I appreciate the Commission’s efforts to set this foundation for our state’s future economic opportunity, jobs and quality of life.”

NCAA Brackets

Even before the N.C.A.A. men’s basketball tournament bracket was announced on Sunday, there was plenty of discussion about how much parity there was in this year’s field. The chatter only increased after Louisville, the tournament’s No. 1 overall seed, was placed in a brutally tough Midwest region that also includes Duke and Michigan State.

This condition is nothing new, however. Parity has been the rule for some time in the N.C.A.A. tournament.

Louisville is in fact the nominal favorite to win the tournament despite its tough draw, according to the FiveThirtyEight forecast. Still, Louisville has only a 23 percent chance of doing so, just ahead of Indiana at 20 percent.

blackberry cell phone

If there’s someone who can talk with authority about the importance of innovation, it’s the CEO of BlackBerry, right?

Probably not — but that didn’t prevent BlackBerry CEO Thorsten Heins from giving his take on the current state of smartphone interfaces. The gist: While the iPhone was the bee’s knees of innovation years ago, the smartphone market is leaving it behind.

“The rate of innovation is so high in our industry that if you don’t innovate at that speed you can be replaced pretty quickly. The user interface on the iPhone, with all due respect for what this invention was all about, is now five years old,” Heins said in an interview with the  Australian Financial Review.

SXSW

When I made plans to attend my first SXSW conference, friends told me it wasn’t for technology people anymore. “SXSW is only for marketing and PR now,” they said. Is this true? I needed to find out for myself, and I heard there would be fun and free food, so I headed to Austin.

On Saturday SXSW hosted The Lean Startup @ SXSW Interactive, a sub-conference that featured engineers and executives from startups such as Etsy, Meebo, and Uber. I was excited to see some of the talks because the agenda sounded diverse and interesting, but the 10-15 minute presentations were too short to have any serious depth. I enjoyed myself and I learned a few things, but it wasn’t up to the standards of a serious technology conference.

siri

Computer scientist Jeffrey Bigham has created a speech-recognition program that combines the best talents of machines and people.

Though voice recognition programs like Apple’s Siri and Nuance’s Dragon are quite good at hearing familiar voices and clearly dictated words, the technology still can’t reliably caption events that present new speakers, accents, phrases, and background noises. People are pretty good at understanding words in such situations, but most of us aren’t fast enough to transcribe the text in real time (that’s why professional stenographers can charge more than $100 an hour). So Bigham’s program Scribe augments fast computers with accurate humans in hopes of churning out captions and transcripts quickly.

canada

Now that the world’s biggest tech companies have opened there, foreign governments are trying to get in on the action in Kendall Square, too.

The Canadian government has launched a business accelerator program in Cambridge to help its most promising young start-ups tap into the expertise and energy of the growing innovation economy around the Massachusetts Institute of Technology, and ideally return home with new customers, connections, and ideas.

SXSW

"What is your secret sauce?" is a question that often stumps startups as they try to clearly and briefly explain what separates them from their competitors. Fortunately for many of the 18 companies pitching in the final round at the fifth annual SXSW Accelerator, the answers were succinct and compelling.

Congratulations to this year's six Grand Prize winners:

handgun

Yesterday in San Francisco, a group of leading Silicon Valley tech investors announced a partnership with the families of Sandy Hook victims that will seek to raise $15 million in seed funding for 15 to 20 start-up companies dedicated to preventing gun violence. "A year from now we will be able to point to the Googles, the Facebooks, and the Twitters of gun safety," said Ron Conway, a billionaire angel investor who made big early bets on those companies. "This is a huge area for genuine innovation."

With several Newtown families standing by, the tech investors announced the partnership, the Sandy Hook Promise Innovation Initiative, on the three-month anniversary of the massacre. "In the instance of our shooting, it was the mother's guns that were used," said Nicole Hockley, whose first-grader was killed. "Had she had biometrics on the gun, or a different sort of safe technology protecting the guns, then he would not have had access to them in the first place."

glass city

Architect Vincent Callebaut’s "Asian Cairn" project imagines a future where we house residence, offices, and even entire food systems in gorgeous, stacked skyscrapers.

These incredible looking buildings are designed by a Belgian architect named Vincent Callebaut. Called "Asian Cairns", after the rock stacks left on mountainsides, the "farmscrapers" are pebble-like pods stacked on top of each other.

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It was only a matter of time before the quantified self movement and the photo-sharing obsession combined.

Memoto is a “life logging” camera that captures photos every 30 seconds. The company demoed the device at SXSW in Austin, hoping to generate interest and attract buyers for the small $279 device.

Candid photos often turn out better than posed ones and disrupting a wonderful moment to capture it is not ideal. This tiny camera clips onto a collar or a jacket and can even be worn as a necklace. Users can then go about their day without the persistent need to photography and document everything.

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As the House Judiciary Committee gets ready for hearing on patent trolls in coming days, we have a consensus in the tech community: The patent system has started to impede, rather than incentivize, innovation. The laundry list of what’s gone wrong is long, including a standard for patentable subject matter that makes no sense, notoriously vague and hard-to-understand claim language and — the troubling result — the rise of the patent trolls.

Kauffman Foundation Logo

Data on newly formed companies and their founders are hard to come by, but a vital component to measuring economic health. In an effort to learn more about the challenges facing today's entrepreneurs, LegalZoom and the Ewing Marion Kauffman Foundation surveyed 1,431 business owners who formed their companies through LegalZoom in 2012.

Perhaps the most interesting finding is that 60 percent of entrepreneurs in the sample spent more than six months working on their business idea before forming their entity. This highlights the blurry boundaries between paid employment and self-employment, demonstrating the necessity for public policy to be flexible in recognition of this economically vital stage of business creation.

microphone

As the House Judiciary Committee gets ready for hearing on patent trolls in coming days, we have a consensus in the tech community: The patent system has started to impede, rather than incentivize, innovation. The laundry list of what’s gone wrong is long, including a standard for patentable subject matter that makes no sense, notoriously vague and hard-to-understand claim language and — the troubling result — the rise of the patent trolls.

A fluorescent molecule in the neurons of a mouse brain glows as the brain cells fire.

A proposed effort to map brain activity on a large scale, expected to be announced by the White House later this month, could help neuroscientists understand the origins of cognition, perception, and other phenomena. These brain activities haven’t been well understood to date, in part because they arise from the interaction of large sets of neurons whose coördinated efforts scientists cannot currently track.

“There are all kinds of remarkable tools to study the microscopic world of individual cells,” says John Donoghue, a neuroscientist at Brown and a participant in the project. “And on the macroscopic end, we have tools like MRI and EEG that tell us about the function of the brain and its structure, but at a low resolution. There is a gap in the middle. We need to record many, many neurons exactly as they operate with temporal precision and in large areas,” he says.

photo: Shutterstock / Angela Waye

Over the past four years, TV makers have shipped about a billion television sets. If you combined them, that would be equivalent to a single TV set with a 330-million-square-meter screen, according to IHS, a market research company. That is about the size of a city. Of course, no one knows what screen size those sets have, but it’s still a fun (if unscientific) stat. As for me, I am about to move and so I am getting rid of all the screens in my house except for four: MacBook Pro (Retina), iPad (Original), Kindle Paperwhite and iPhone5. Everything else is going to eBay.

Jacob Mullins, founder of Exit Round and Senior Associate at Shasta Ventures

Jacob Mullins is a Senior Associate at Shasta Ventures, a venture capital firm that has invested in startups like Nest and Path. Lately, he's had a lot of tough conversations with entrepreneurs. Founders are running out of cash because investors have gotten tighter with their money in recent months. Now entrepreneurs are facing the tough realization that their startups probably won't survive.

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Personalized medicine -- the ability to tailor therapies to patients' individual genetic characteristics -- has long been the holy grail of the life sciences industry. The effort has produced a string of recent successes, including a host of drugs targeted to people with specific genetic profiles, the European approval of the world's first gene therapy treatment, and a much-heralded leukemia treatment pioneered at Children's Hospital of Philadelphia (CHOP) that uses tweaked versions of patients' own cells to eliminate their cancer. While these advances are certainly exciting for patients, they raise a host of ethical, legal and financial challenges that people working in the field will need to address before personalized medicine can become a thriving business.

The challenges are so great, contends Wharton health care management professor Ezekiel J. Emanuel, that claims of a renaissance in medicine brought on by individualized approaches often seem hyperbolic. "Before we buy into this, we need to remember that almost every evaluation of what drives health care costs up points to new technologies," says Emanuel, who is also a professor of medical ethics and health policy at Penn's Perelman School of Medicine. "We need to be skeptical. We need to see the data before people buy into the idea that personalized medicine is going to produce cost savings and be so much better for the system."

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At international education meetings, representatives of various countries like to boast about how they have become higher ed hubs, or have built education cities, or have created education zones. Just as American states vow to create the next Silicon Valley or Research Triangle Park, and to become known as a place with top universities and the businesses they spawned, countries all over the world want buzz as the hot hub or the next hub. But even as attendees at this week's Going Global (the British Council's main international education meeting) heard boasts from various hubs, a session here attempted to make some sense of all of the hubs, and to help educators understand which ones are real, and how hubs differ from one another.

The religion of entrepreneurship

All the focus on the Pope’s departure from the Vatican has got me thinking about the meaning of religion.

Those ruminations have led me to a surprising conclusion: One of the reasons the force of entrepreneurship has become so powerful around the world in recent years is that entrereneurship has evolved into a global religious movement.

Wikipedia defines religion as follows:

Religion is an organized collection of belief systems, cultural systems, and world views that relate humanity to spirituality and, sometimes, to moral values.

brain

We would surely all love a way to boost our brain power. But new research suggests that one promising experimental method could come with a cost. Using a noninvasive technique to stimulate the brain, researchers found they could enhance learning when they targeted a certain spot. But that also made people worse at automaticity, or the ability to perform a task without really thinking about it. Stimulating another part of the brain had the reverse effect, on both learning and automaticity.

“This tells us something about the human brain,” says lead researcher Roi Cohen Kadosh, a neuroscientist at the University of Oxford, in England. “We can’t ask for everything without paying a price.” The findings were published Tuesday in the Journal of Neuroscience.

LaunchTN

Jim Stefansic has been named commercialization director of Launch Tennessee, according to a news release. According to the release, Stefansic "will be responsible for overseeing all of LaunchTN's commercialization efforts and strengthening Tennessee's technology-focused new venture creation." The position was previously held by James Stover, who stepped down from his full-time role in 2011 but served as a consultant to LaunchTN in the interim. The following are excerpts from today's news release:

go public

You’ve checked a lot of items off your must-do list in your short but stellar career. Get a job on the coast: check. Pay off student loans early: check. Earn MBA while working for someone else: check. Learn everything you can about the industry you love in five years: check. Start your own company and attain black ink: check! Now, you stare out the window of your corner office, thinking about that looming, last and largest goal and wonder: should we go public?

It’s lonely being the founder and CEO. Although surrounded by gifted and energetic colleagues in the C-Suite, some who are close friends, the tempting thoughts of a nice cash infusion are hard to shake. It could launch your company to the next level, even knock a couple of competitors completely off the field. While you’re envisioning your logo on the cover of Forbes, step back and think about what’s good, and not so good, about leading a publicly traded company.

Sunken Yacht In Antarctica

Take a tour of the world’s apparently robust supply of empty castles, power plants, and churches--and witness the surprising grandeur of dilapidation. 

A tired screenwriting trope is to use abandoned places as settings where one’s gory horror scenarios might unfold--the house nobody has been inside for years, the decrepit mental hospital kids dare each other to sneak into. But "abandoned" doesn’t always mean "scary." In fact, in some cases, it can be downright breathtaking--and not in a strangulation kind of way.

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It's strange but true: some of the most prodigious innovations in technology are often not born in the corridors of rational thought and reality, but on the wings of fantasy.

I was reminded of this recently while reading the various tributes to legendary science fiction writer Ray Bradbury who died last year at age 91. Bradbury, whose best-known works include The Martian Chronicles, and Fahrenheit 451, was a master at using his imagination to bring us face-to-face with our growing love affair, fascination -- and, at times, wariness -- of technology and the price of being plugged-in.

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Startups fail all the time. But why?

In many cases, a new venture falters for obvious reasons--not enough capital; before its time; founder fatigue ... the list goes on. Yet other instances of failure seem inexplicable. Take Loosecubes, for example. In November, after two and a half years in business, the New York City-based office-sharing community that had attracted 25,000 "loosecubers" in more than 60 countries called it quits.

To me, the idea seemed primed to take off--and, in fact, was already taking off. The 16-person company had reeled in $9 million in venture capital funding during its run. It even spawned copycats such as Desktime in Chicago. Plus, Loosecubes founder Campbell McKellar is one of the most poised and articulate young entrepreneurs I've ever interviewed.

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As each Arctic summer brings less sea ice, two new studies warn of major changes, from devastating storm surges to huge increases in shipping.

Rising temperatures in the Arctic — a result of global climate change — are bringing bigger and stronger storms, with hurricane-equivalent winds, previous research shows. And the region's dwindling sea ice cover (Sept. 2012 saw a record summer sea ice low, NASA reported) means storms can charge across the ocean without restraint.

Thick summer sea ice once slowed down Arctic storm winds, stopping them from generating high storm surges, the bulge of water that builds up ahead of a storm that can batter and flood a coastline.

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Nilofer Merchant, in her excellent new book, 11 Rules for Creating Value in the Social Era, points out that in order for companies to be fast, nimble and innovative enough to survive in today’s Social Era, leaders must meet their workers’ desire to contribute to a mission that matters.

Humans have always had innate desires for purpose and connectedness with others. But those desires can now be fulfilled in new ways in today’s hyper-connected world. During the industrial era, workers were content to check their brains at the door, dutifully do the work like a cog in a giant machine and take orders from a handful of managers and leaders. But people have much different expectations today. They want their talents to be appreciated and the opportunity to contribute to the business in a meaningful way. And they’re not hesitant to vote with their feet, gravitating to those organizations that meet those needs.

7 Great Reasons To Encourage Working Remotely | Fast Company

Yahoo may want to wrangle the herd, but plenty of companies still encourage remote work. StackExchange lead developer David Fullerton explains why his company does, and how it makes this work.

It’s 2013, almost three years after we first raised money and started growing beyond the first four employees. At the time, cofounder Jeff Atwood wrote a great blog post about working remotely, basically laying out our plan for how we were going to make it work. Now we’re a few years in and it’s time to update it with, well, what actually happened.

Detroit

An analysis prepared for The Kresge Foundation brings together information from a variety of sources to create a baseline of data about metropolitan Detroit’s creative economy and cultural assets.

Summarized in a report titled “Creative Vitality in Detroit,” the analysis catalogs a broad range of creative industries and occupations, as well as resources like festivals and events, cultural organizations and facilities, and natural heritage assets such as parks and conservation areas.

This home designed to have as little impact as possible on the environment, literally, touches down in four small points.

ISOLÉE, A CONCEPT FOR A SELF-SUFFICIENT RETREAT, AIMS TO APPLY "PRODUCT DESIGN ETHOS" TO ARCHITECTURE.

Dutch architect Frank Tjepkema is annoyed with the crudeness of the average house. “The cars we drive, the computers and tablets we use, the smartphones--all sophisticated, aesthetically sound objects,” he tells FRAME magazine. “And then we go home, where we’re surrounded by a stack of bricks." His gripe is legitimate: Why is commercial architecture so far behind, say, the automotive industry in terms of adopting technological innovations?

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FJORD CHARTS THE MAJOR INNOVATIONS OF THE PAST, AND PREDICTS A FUTURE OF TOTALLY INTUITIVE "MICRO GESTURES AND EXPRESSIONS" THAT WILL CONTROL OUR DEVICES.

By now you’ve probably heard a lot about wearables, living services, the Internet of Things, and smart materials. As designers working in these realms, we’ve begun to think about even weirder and wilder things, envisioning a future where evolved technology is embedded inside our digestive tracts, sense organs, blood vessels, and even our cells.

Marissa Mayer, Yahoo, And The Pros And Cons Of Working From Home | Fast Company

Whether or not she wants to be a role model for company culture or women in power roles, Yahoo CEO Marissa Mayer has reinvigorated the debate over telecommuting. Here's a guide to the conversation unfolding.

Creative dialogue can reinvent your business, your brand, and your career. Join Fast Company on a multi-platform exploration of the art of conversation. READ MORE Yahoo's Marissa Mayer may not be the first CEO to crack down on telecommuting, but her recent memo to staffers provoked one of the Internet's more heated discussions on the pros and cons of working from home. The discussion became so widespread that Yahoo issued a statement less than a week later clarifying that its decision to reverse its telecommuting policy was not meant to be taken as "a broad industry view on working from home." Whether you agree with Mayer or are regularly struck with creative inspiration while in your pajamas, we've put together a Fast Company reader with stories that make the case for both sides.

BioDistrict N.O. focuses on training, new funding source

New Orleans, La. — The city's Biosciences Economic Development District is gaining more ground, and now a lot of focus is on training locals for the thousands of jobs it will create. And the district says it also needs a stable funding source to further its goals.

The new LSU Medical Center and the adjacent VA Hospital are on the rise between Tulane Avenue and Canal Street. The new cancer center sits on Tulane at Claiborne Avenue and on Canal Street there is also the BioInnovation Center --  and yet more development is envisioned.

Good Grammar Should Be Everyone's Business - Brad Hoover - Harvard Business Review

Today is National Grammar Day, a reminder that good grammar is instrumental in conveying ideas with clarity, professionalism, and precision. Even so, the informality of e-mail, texting, and tweeting has crept deep into company communications. It is not uncommon to hear a coworker make a grammatical faux pas such as "There's new people you should meet." Even former Yahoo! CEO Jerry Yang was known for ignoring capital letters in his e-mails.

Kyle Wiens, CEO of iFixit, wrote in a blog post for HBR that he refuses to hire people who use poor grammar. He asserted that good grammar is a sign of professional credibility, attention to detail, and learning ability. In the process, he started a nearly 4,000-comment debate (on this website alone) about the audaciousness of his stance. Some people criticized Mr. Wiens for his hiring approach, accusing him of being harsh or even elitist. Ultimately, this was a debate that had no data and reached no conclusion.

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Silicon Valley dreams bigger than the rest of the country, according to an analysis of LinkedIn profiles.

HO/Agence France-Presse/Getty Images People who include the keywords “change the world” in their professional profiles on the business-networking site are far more common in the San Francisco Bay Area than in Greater New York or Los Angeles, Venture Capital Dispatch found. Out of about 8,300 people in the U.S. who use “change the world” in their profiles, 11.5% reside in the Bay Area, 10% in greater New York and 6% in Los Angeles.

Compared with the total number of LinkedIn profiles in each region, San Francisco has twice as many such profiles in its area as do New York and L.A. The amount of change-the-world profiles is still a tiny percentage out of the millions in the three urban areas.

building

With a new semester means a new round of funding for a lucky crop of Harvard Business School ventures. The School’s Arthur Rock Center for Entrepreneurship has announced the 10 teams walking away with $5,000 each as part of the renamed Rock Accelerator Award Program.

Formerly known as the “MVP Fund,” the award centers around the lean startup methodology, an idea made popular by HBS Entrepreneur-in-Residence Eric Ries. The program–focused on rapid prototyping–helps students push their ideas forward in the most effective, time efficient way possible.

Doug Ellenoff, a partner at lawfirm Ellenoff, Grossman & Schole, speaking at the National Press Club in Washington about how the crowdfunding community has taken necessary precautions to protect investors.
image credit: Joy Schoffler

Crowdfunding advocates raised the volume today on their call to push the Securities and Exchange Commission to finalize rules needed for business owners to raise equity through crowdfunding.

"This is a story about capital," said Sherwood Neiss, principal of consulting and advisory firm Crowdfund Capital Advisors and a chair of the not-for-profit crowdfunding organization Crowdfunding Professional Association. He was one of about a dozen crowdfunding supporters making their pitch at the National Press Club in Washington, D.C., today. 

The SEC has already missed several deadlines to write rules to structure the implementation of the Jumpstart Our Business Startups Act, known as the JOBS Act.

Commission co-opts private sector in grand ICT skills venture | EurActiv

The European Commission in March is due to launch an initiative designed to close the gap between an unskilled workforce and the EU’s growing demand for information and communications technology (ICT). Neelie Kroes, Commission vice president for digital affairs, will launch a so-called Grand Coalition for Digital Jobs and Training at a conference in Brussels on 4-5 March, during which she will seek to confirm partnership ‘pledges’ from the private sector.

The EU executive is seeking collaboration on industry-led training, assisting labour mobility, certifying skills, improving school and university curriculums, and creating an entrepreneurs friendly environment for start-ups.

It will also seek to help the sector shrug off a dowdy reputation that is deterring young people generally, and specifically women.

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On Friday, the NVCA, along with our partners at Dow Jones Venture Source, DeSantis Breindel and Rooney & Associates launched a first-time survey called the Brand Influence Guide for Venture Capital or BIG: VC.

The survey was borne from a proposal to NVCA from the NY based branding and PR firms DeSantis Breindel and Rooney & Associates to explore how brand perception is viewed in the venture capital industry.  Does a VC firm’s brand matter?  To founders?  To LPs?  To one another?

Joshua Roberts/BLOOMBERG -  U.S. President Barack Obama blows a kiss to First Lady Michelle Obama, unseen, before delivering the State of the Union address to a joint session of Congress at the Capitol in Washington, D.C., U.S., on Tuesday, Feb. 12, 2013.

President Obama, in his State of the Union address, said things that had the advanced-technology community buzzing. He talked about 3D printing, mapping the human brain, drugs to regenerate damaged organs, and new material that will make batteries ten times more powerful. He said, “Now is the time to reach a level of research and development not seen since the height of the Space Race.” That’s music to a futurist’s ears.

Obama also announced three new manufacturing research hubs as part of the National Network for Manufacturing Innovation (NNMI) initiative. He asked Congress to help create a network of 15 such hubs to “guarantee that the next revolution in manufacturing is made right here in America.”

Michael Dell Takes Company Private to Accelerate Mobile Strategy

The discussion around Michael Dell’s play to take Dell private is focused primarily on the astounding $24.4 billion financing deal, but what’s more important is what this means for the future of the company itself.

Toward the bottom of yesterday’s article in The New York Times, Michael J. de la Merced wrote that the move “is a huge gamble. It will saddle Dell with $15 billion of new debt, and it does nothing to divert the forces reshaping the technology industry and undercutting the company’s business.”

The less headline-worthy backstory is that mobile and tablet technology have eaten into Dell’s business and, for several years, Mr. Dell has been trying – unsuccessfully – to implement a strategy to transform the company and address the market changes.

scientist

The United States is at an important crossroads in science. The direction we take in the next few months will be defining.

A kindergarten student in the United States today will enter adulthood living in a very different type of house, working in a very different office environment, traveling in a vehicle unrecognizable by current standards and communicating globally through a device that doesn’t resemble today’s phone.

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For many leaders of our nation’s research universities, 2013 arrives with daunting challenges. Federal budget cuts threaten funding of core research. Recent graduates face uncertain career prospects, and many will have to move out of state to seek opportunities. And the communities surrounding and supporting these institutions are facing mixed economic recoveries.

To tackle these interrelated challenges, many universities are looking to technology transfer as part of the solution. This approach makes sense: Technology transfer holds great promise to help universities address these interrelated research, funding, and economic challenges. By licensing university technologies to existing companies or new start-up companies, forward thinking university leaders can:

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Without collaboration, innovation stalls. "Midnight lunch" was the unique practice Thomas Edison used to power collaboration within his innovation colossus. True collaboration has four phases: Capacity, Context, Coherence, and Complexity. Learn how to apply them in the digital era!

healthcare network

Blue Button Plus (Automated and Interoperable Blue Button) can provide a technology path for startups and innovators to build new products and services to help Americans with their health. But beyond, technology startups and small businesses have to think about practical matters like funding. What are ways that the federal government is trying to help health startups, particularly health tech startups, develop and commercialize businesses?

The Small Business Innovation Research (SBIR) program is a federally-funded program encourages domestic small businesses to engage in Federal Research/Research and Development (R/R&D) that has the potential for commercialization. Through a competitive awards-based program, SBIR enables small businesses to explore their technological potential and provides the incentive to profit from its commercialization. By including qualified small businesses in the nation’s R&D arena, high-tech innovation is stimulated and the United States gains entrepreneurial spirit as it meets its specific research and development needs.

office

Finding inspiration within a work environment is a highly personal quest — and that is certainly reflected in all of the thought leaders' "workspace stories" posted this week. Somehow I feel as if I know each of them a little better, even though we haven't all had the opportunity to meet. Their collected work spaces are as individual as you might have imagined them to be: a window into their world. Ultimately, work environments reveal much about us — and each of these spaces tells a very interesting story.

Overall, LinkedIn thought leaders are clearly adapting to the changes in how we carry out business today. It seems there aren't a lot of traditional corner offices anymore — and if there had been a lot of them here, that would have been a bit of a disappointment. The work spaces revealed here, reflect deep changes in the organizations in which we work: more transparency, increased opportunities to communicate, flexibility and fluidity. Some of us still find that we work in more traditional office environments, but we are striving to claim those spaces as our own, as well.

money

At 1M/1M, our agenda is to help you figure out how to put one foot before the other and build a sustainable business, irrespective of financing. If you use the program the way it is designed to be used, you would be able to derive value from it on multiple vectors. Let me quantify that value equation for you.

An MBA from a top school costs $85k per year. It doesn’t necessarily teach you how to navigate an early-stage startup. The 1M/1M Curriculum does.

Goodbye 'Lifestyle Entrepreneur', Hello ‘Great Little Company’ | Entrepreneurship at ASU

So it is official: I have banned the term 'lifestyle entrepreneur' from ASU SkySong, where we currently support over 35 high potential startup companies. Why ban this expression? Well there are a variety of reasons. Firstly, I think that there are no real entrepreneurs out there who are doing this as a 'lifestyle.' Whether you are running a venture-backed startup or a corner shop, the hours and commitment are punishing. A 'lifestyle' job is going in at 8 am and leaving at 5 pm and not thinking about your job until the next morning. So why have I enforced this ban so vehemently? Because I think it is really a dismissive and often derisory term, something that no one should be allowed to use.

I overheard some of our young entrepreneur’s last year talk about how their businesses were 'high potential' and not a 'lifestyle' business. Therefore they were real entrepreneurs but not people who ran small businesses or franchises....they went through a list of people they saw as not being 'real entrepreneurs.' It was a long list. Frankly I was outraged; who were these kids to dismiss so many hard working entrepreneurs out of hand? I wouldn't mind it but none of these so-called entrepreneurs had actually achieved very much at the time of this discussion.

Why NYC startups are winning the engagement race, and other Silicon Alley trends to watch | VentureBeat

As a NYC based investor, it’s been pretty incredible to watch New York’s startup scene grow into a dynamic tech playground over the past few years. Even though Silicon Valley will continue to be the start up mecca for years to come, VCs, large tech companies and the technology press have recognized New York’s blossoming tech scene and quickly scrambled to get feet on the street. In fact, there has been so much action lately that the New York City Mayor’s Office created the Made in NY Map to showcase the growing tech community.

Based on investments alone, New York has seen a growth of 32 percent in VC deals from 2007 to 2011. New York’s tech scene has skyrocketed in the past 5 years, with tech related jobs increasing 28.7 percent since 2007. Tech publications have followed startups and investors in suit; VentureBeat opened its New York office in October and TechCrunch opened up NYC office hours last May as the startup scene continued to flourish.

Boston

It was a cold, clear, winter day, only a year ago when the seed was planted. A dedicated group of Boston-based community leaders, entrepreneurs, executives, academics and government leaders gathered together at the 2012 World Class Cities Partnership Chatham Forum to think about how to make Greater Boston a better place to live and work, with an eye on innovation and futuristic thinking. A recurring theme – our Innovation Economy has a PR problem.

There is no Boston story that we all know, that defines us – that tells the world about what makes our scene unique. Perhaps it’s just plain old New England modesty, but it’s holding us back from greatness. We are terrible marketers of Greater Boston’s tech scene. We need to shout loud and proud about our successes, inventions and achievements. In doing so, we will attract more talent to our companies and drive more innovation. This kind of Boston branding will translate into so many other good things for our community.

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1. “Department chair supports ‘digital humanities’ without knowing exactly what it is”

2. “Hiring committee uses Facebook rather than MLA interviews to vet tenure-track job candidates”

3. “Widely published senior colleague still unable to detect Nigerian e-mail scams without help of college IT guy”

4. “Middle-aged history professor gets Twitter account; makes one tweet before losing login information”

5. “Associate professor diagnosed with mild whiplash after repeatedly checking email during student-consultation hours”

chart

You might be surprised to find out which companies lead pharmaceutical industry drug approvals. This infographic from DrugPatentWatch shows that Mylan, Aurobindo, and Apotex led 2012 drug approvals. What some readers may find surprising is the relative absence of branded pharmaceutical firms from this list.

For more infographics, see the DrugPatentWatch Pharmaceutical Innovation Infographics.

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Square announced late Thursday that COO Keith Rabois was leaving the company to pursue other opportunities. Now, the Wall Street Journal is reporting that his resignation came after a sexual harassment claim from an unnamed employee at Square.

The Journal reports hearing from Square that a lawyer representing the employee in question accused Rabois of sexual harassment and said that the company had failed to take necessary action. Rabois denied the charges to the Journal: "I'm completely confident that all the facts will come out and I will be vindicated."

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The closely watched startup program Y Combinator said today it was backing peer-to-peer medical funding site Watsi, its first nonprofit investment after eight years and hundreds of startups.

“I’ve never been so excited about anything we’ve funded,” Y Combinator chief Paul Graham wrote in a post about Watsi today. Watsi is a peer-to-peer platform that connects medical patients to donors and sends 100 percent of donations through. The organization’s own costs are covered by separate donors. Graham said he first found the site on the YC-run news aggregator Hacker News, where Watsi pitched itself to readers last August and received much acclaim.

Why You Should Work From A Coffee Shop, Even When You Have An Office

While team Family Records was in between offices in early 2012, we had 6 weeks to bridge until our new space was ready. During that time we were fortunate enough to be taken in as guests by awesome companies for stretches of time, and for the remainder we took over corners of coffee shops all over Brooklyn and Manhattan. The experience of working out of coffee shops was so positive that even after we moved into our new home, I made sure to get in a few "coffee shop days" each month. For carpal tunnel related reasons alone, I would not recommend working out of coffee shops every day, but here are some reasons why it might be great to try it for one or two days every month.

A change of environment stimulates creativity. Even in the most awesome of offices we can fall into a routine, and a routine is the enemy of creativity. Changing your environment, even just for a day, brings new types of input and stimulation, which in turn stimulates creativity and inspiration.

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Roche announced in December it would invest more than €200 million (US$266 million) in diagnostics production and create 50 new jobs at its Penzberg biotechnology center near Munich. Plans call for the 26,000-sq.-m. (279,870-sq.-ft.) Diagnostics Operations Complex II to be operational in December 2014.

“This investment in meeting global demand for immunoassays is further evidence of the success of our personalised healthcare strategy,” said Roland Diggelmann, COO of Roche’s Diagnostics Division. “Today’s diagnostics make it possible to detect and differentiate the causes and triggers of chronic illnesses and acute conditions with greater precision than ever before. Modern diagnostic systems can test blood samples from up to 1,000 patients an hour and deliver highly accurate results. Based on laboratory tests, doctors are able to prescribe timely, targeted care for their patients. The new facility will ensure that we can continue to meet the rising demand for reagents.”

Representative Sander M. Levin, Democrat of Michigan, last year introduced the latest bill on revamping carried interest.
Representative Sander M. Levin, Democrat of Michigan, last year introduced the latest bill on revamping carried interest.

As Washington grapples with the country’s fiscal woes, the private equity industry is grudgingly facing a new reality: its long-held tax advantages are likely to disappear.

For years, private equity has quashed efforts to raise taxes on so-called carried interest income, the profits partners receive as part of their compensation. Those earnings are considered capital gains, so they are taxed at a much lower rate than ordinary income.

While few concede defeat publicly, the industry is rethinking its strategy. Rather than trying to stop the changes outright, lawyers and executives behind the scenes are trying to minimize the hit if it happens.

spicy

It is tough being a freelance writer. You have to be pitching stories left and right, grabbing interviews whenever you can and literally dance for every drink, every lunch and every story. Meanwhile, any jerk with a blog could come along and steal your job. Your life is best defined by these three words: Dance, monkey, dance!

Or so I’m told. While freelancing can be a cold and cruel world, being the friend of a freelancer is awesome. You end up tagging along to random strange locations (Fermentation Festival, anyone?) where people are talking about weird things (colon health!) and doing unusual things (cedar chip enzyme bath? Sure!).

Thorsten Heins

The CEO of RIM, Thorsten Heins, has been speaking to German newspaper Die Welt ahead of the launch of BlackBerry 10 devices — due in Q1. Heins told the newspaper he has not ruled out licensing the new OS to other manufacturers. Asked whether RIM might not go down the licensing route, as Microsoft has with Windows Phone, he said (translated from German by Google Translate): “Before you licensed the software, you must show that the platform has a large potential. First we have to fulfill our promises. If such proof, a licensing is conceivable.”

Heins was also asked what has taken the BlackBerry maker so long to get its next-gen OS in the market. He told Die Welt that the reason for the delay is because RIM is building a platform that’s fit for the next decade — and one which can find its way into new types of devices. “We have taken the time to build a platform that is future-proof for the next ten years. Our aim is not only to smartphones, but also to the use, for example, in cars that will be in the future increasingly networked. We see with BlackBerry 10 completely new areas of growth,” he said.

social entrepreneurship

In its broadest sense, social entrepreneurship is about innovative solutions to social problems.  In countries like the Philippines where poverty and inequality are worsening despite economic growth, innovative solutions to these problems are not only desired but are also urgent.

For more than a decade, I have studied the phenomenon of social entrepreneurship in the Philippines and other developing countries in Asia. And what I’ve learned has given me renewed inspiration that it is possible to find sustainable and innovative solutions to the problem of poverty.

Philipp Moehring

Urgency is the name of the game in startups.

One key characteristic of founders is the great urge to get things done — and this urge is a key component of success. However, there’s also a tendency to simply blast through everything on the agenda so that you can move faster, which is not always a good idea. There are lucky moments where startups stumble upon something that is suddenly loved and used, but most startups do not have the luxury to shoot from the hip to try and hit the target: they need to know where to aim.

To find out what you should work on with highest priority, you need to paint a larger picture and define your own position within that.

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Last Gadget Standing is the people’s choice award of the Consumer Electronics Show. This year, three health devices made it to the top 10. The Shine from Misfit Wearables, the Telcare Wireless Blood Glucose Meter, and the SecuraPatch monitor were in the running with a table-top PC, an electric bike and the Samsung Galaxy Note II.

The Lenovo IdeaCentre Horizon Table PC won with 47 percent of the vote, but the Shine was a respectable second at 39 percent.

Here are some other interesting gadgets I saw at the show:

africa

Companies located in developing countries are currently serving billions of local consumers with innovative and inexpensive products. What happens when more of those companies make the leap into more developed markets?

Disruptive innovation has been credited as the strategy that led to Japan’s dramatic economic development after World War II. Japanese companies such as Nippon Steel, Toyota, Sony and Canon started out by offering inexpensive products that were initially inferior in quality to those of their Western competitors. This allowed the Japanese manufacturers to capture the low-end segment of the market. Over time they continuously improved the performance of their products and began to move upmarket, into segments that allowed them more profitability. Eventually, the Japanese companies captured most of these segments and in the process pushed their Western competitors to the very top of the market or completely out of it.

steve case

The SEC is dragging its feet on hashing out the rules for equity crowdfunding, and the kvetching from crowdfunding advocates is growing louder. Mary Schapiro stepping down as SEC chairwoman hasn't exactly lifted hopes that the agency will produce a set of rules in a timely fashion.

AOL co-founder and Revolution Growth Partner Steve Case, a major backer of the JOBS Act, is among those who remain optimistic - though he certainly hears the frustration. Here's what he told reporters on a conference call Monday afternoon:

redhat

I believe the distinction between social and non-social business is a false dichotomy. And yet, it's one we continually want to make. We talk about "social businesses" — those that are mission-led and focused on creating positive social change — and "non-social businesses" — those that focus on revenue and profit. Social entrepreneurs launching ventures may ask themselves if their business models need to be different. Does pursuing a social purpose require something unique to describe and structure your business?

As someone who works with a variety of organizations in my roles as strategy and innovation consultant, venture capitalist, professor, and mentor, this question intrigues to me. To answer it, I evaluated a few years worth of business models created and implemented by clients (usually established, mature businesses), invested companies (early stage), entrepreneurs I've mentored, and college students starting new ventures. The results? I found that both social and non-social businesses focused on making sure revenues were greater than costs, either through selling something, raising money or getting grants. The differences were more along traditional business characteristics: virtual vs. physical product or service, B2B vs. B2C, etc.

thinker

WITH the pace of technological change making heads spin, we tend to think of our age as the most innovative ever. We have smartphones and supercomputers, big data and nanotechnologies, gene therapy and stem-cell transplants. Governments, universities and firms together spend around $1.4 trillion a year on R&D, more than ever before.

Yet nobody recently has come up with an invention half as useful as that depicted on our cover. With its clean lines and intuitive user interface, the humble loo transformed the lives of billions of people. And it wasn’t just modern sanitation that sprang from late-19th and early-20th-century brains: they produced cars, planes, the telephone, radio and antibiotics.

Digital Healthcare

Count Tyrone Rugen from The Princess Bride wisely said, “If you haven’t got your health, then you haven’t got anything.” While he is an unsavory, six-fingered coward, his point that good health underlies everything is an important one.

Seismic shifts are occurring in the health industry. Policy is changing at the federal level, cultural attitudes about wellness are evolving, and new forms of technology are transforming the way patients relate to their bodies and the way clinicians practice medicine. One of the most important trends to watch is the growth of the digital health sector.

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Adapted from The Wisdom of Psychopaths: What Saints, Spies, and Serial Killers Can Teach Us about Success, by Kevin Dutton, by arrangement with Scientific American/Farrar, Straus and Giroux, LLC (US), Doubleday Canada (Canada), Heinemann (UK), Record (Brazil), DTV (Germany), De Bezige Bij (Netherlands), NHK (Japan), Miraebook (Korea) and Lua de Papel (Portugal). Copyright © 2012 Kevin Dutton

“Got anything sharp?” the woman at reception barks, as I deposit the entire contents of my briefcase—laptop, phone, pens—into a clear, shatter-resistant locker in the entrance hall. “Now place the index finger of your right hand here and look up at the camera.”

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On this day that fetishizes finitude, that reminds us how rapidly our own earthly time share is shrinking, allow me to offer the modest comfort of infinities.

Podcast: Science Times This week: we take up infinity (though this podcast will be finite) and a secret weapon against the bloodsuckers of the night — you, on deworming pills.   An Endless Subject, and a Way to End Bedbugs? play max volume 19:36

Connect With Us on Social Media @nytimesscience on Twitter. Science Reporters and Editors on Twitter Like the science desk on Facebook. Yes, infinities, plural. The popular notion of infinity may be of a monolithic totality, the ultimate, unbounded big tent that goes on forever and subsumes everything in its path — time, the cosmos, your complete collection of old Playbills. Yet in the ever-evolving view of scientists, philosophers and other scholars, there really is no single, implacable entity called infinity.

Raimond Winslow

"Disease is too complex to just think your way through it," says Raimond Winslow, director of The Institute for Computational Medicine at Johns Hopkins. "We can no longer work with what I call purely mental models of how biological systems function in either health or disease."

Thankfully, we have technology to lend a hand.

The burgeoning and highly complex field of computational medicine is showing promise for the treatment of illnesses such as Alzheimer's, heart disease, cancer and more, as technology and troves of data are harnessed to investigate the underpinnings and map the progression of diseases.

Taxes

Many venture capitalists expect that they’ll be paying higher taxes when they cash out of investments in the near future, regardless of whether the nation tumbles over the “fiscal cliff” or lawmakers strike an agreement.

The tax rate on capital gains is one of many factors venture capitalists consider before making an investment. It’s also used by their financial backers, called limited partners, to assess whether the industry will yield desired returns.

The extent to which a higher tax rate would impact investments remains unclear. Still, the economic uncertainty created by the fiscal cliff and hostile negotiations, combined with the likelihood of a higher tax rate, may cause venture capitalists to pause before cutting large checks.

workout

NEW YORK (Reuters) - From mud races to sweat parties to CrossFit competitions, workouts turned smarter, shorter and more social in 2012, experts say, as fitness was sweetened with a little help from smart phones and friends.

"Everything is about making fitness fun," said Jenna Autuori-Dedic, senior fitness editor at Fitness Magazine.

Even those grueling indoor cycling classes were a chance to mingle.

"I truly think that spinning was one of the biggest things to come out of 2012," said Autuori-Dedic. "They (fitness studios) made it fun. You can go with your friends, match your workout to the music. When you work out with friends, you don't realize you're working out."

emeril

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entree for the first time – you need a recipe, even though it may look simple. You know the basic ingredients, and you can visualize the results you want. Yet you may not be so sure where to start, and how to put it all together.

In all cases, don’t skip the basic training. Alain Theriault, better known as StartupCoach, tells entrepreneurs that, on your way to being a great chef, you don't start by writing a cook book (business plan), you work in the kitchen for a while, you learn some tools of the trade, you experiment with a few recipes, you test on willing clients ... then you can start writing a recipe.

Money

In 1969, Alan Patricof founded Patricof and Co., an early venture capital firm. Over the next 40 years, he turned that into Apax, one of the largest private equity firms in the world. And then he left it.  Forming a new company called Greycroft, Patricof has decided to "return" to smaller capitalization investing, i.e. investing early in startups. He believes the future for investment is in small companies that may not need a huge amount of cash to get started and get profitable. 

Chaplin

Funding the arts in schools should be a no-brainer. Dozens of studies have established links between the arts and improved outcomes for students. Activities like painting and drama give young people emotional outlets that they may find nowhere else. And arts courses are often the only incentive for troubled students to come to school.

These are the traditional justifications for funding arts education – all valid, yet somehow incapable of persuading policymakers to stop year after year of cuts to school art programs. But there is another reason to support arts education that may move them.

IEzell Stephenn September 2012, my colleague Robert Atkinson and I released a new book, Innovation Economics: The Race for Global Advantage. The book argues that there is a fierce competition underway between nations to achieve the highest levels of innovation-based economic growth, as countries seek to launch, scale up, or attract companies in the highest value-added sectors of economic activity that can support high-skill, high-wage jobs for their societies.

We envision this "global race for innovation advantage" as one in which virtually all nations win, with higher productivity and per capita incomes, new and better products and services, and a better quality of life for all. We picture a world in which the potentially catastrophic problems of hunger, disease, and environmental degradation are effectively tackled, reducing the risks of wars over scarce resources. In our vision, transformative technological and scientific advances help unite nations and people in common pursuits.

SBEC

Washington, D.C. – Today, the Small Business & Entrepreneurship Council (SBE Council) released its “U.S. Business Policy Index 2012: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrepreneurship.” 

The Index, now in its 17th year, ranks the 50 states according to 46 different policy measures, including a wide array of tax, regulatory and government spending measures. (Visit the interactive map of the Index, which highlights the key positives and negatives for each state – as well as the ranking – on SBE Council’s website here.)

The most entrepreneur-friendly states under the “U.S. Business Policy Index 2012” are: 1) South Dakota, 2) Nevada, 3) Texas, 4) Wyoming, 5) Florida, 6) Washington, 7) Alabama, 8) Utah, 9) Colorado, 10) Arizona, 11) Michigan, 12) Virginia, 13) Indiana, 14) South Carolina, and 15) Mississippi. 

gift

Can’t find the right gift for the tech gadget-lover on your list? Well, worry no more — gift-giving ideas have arrived from an unlikely quarter, the National Business Incubation Association.

The NBIA has put together a gift list from the offerings of startups that have recently graduated from the 1,900 business incubators that make up its membership.

What better way to stimulate the economy than to support the companies that add the most jobs — startups.

Angel

The U.K. Government-backed Angel CoFund is celebrating its first anniversary this month. It has £50 million of public money to co-invest alongside established angel investors in startups that it deems worthy. In times of economic difficulty how does the fund justify spending public money in supporting private companies when a functioning market already exists?

The strategic aim of the Angel CoFund is to help to develop angel investment in England, increasing the amount of angel capital deployed but ensuring that does not come at the detriment of quality. The U.K. government has announced a number of schemes to increase the tax benefits for angel investors in the hope of stimulating the sector.

Real Food Works COO Mike Krupit

Will what we’re building last? The shared offices and community hubs like N3rd Street and in the Philadelphia Building. The events and the conversation, the jobs and perception, the culture and shared goals. All told, is the entrepreneurial and technology community of Philadelphia scratching the surface? The subject came up when Technically Philly was talking to Real Food Works COO Mike Krupit for the first part of a bootstrapping series we’re running. Philadelphia, of course, has had a strong, growing tech startup community before not too long ago.

creativity

In my past posts, I have discussed how companies can think strategically about innovation, generate a plan for kickstarting innovation, get in a creative mindset, and bring on the right people.  The question that remains, however, is who should manage innovation in the company.

(Photo: Sean MacEntee) I have read multiple tales of companies who have Chief Innovation Officers (CINOs), but  a recent study shows that CINO efforts tend to fall short.  By definition, CINOs focus on breakthrough innovation, and are primed to identify and manage opportunities in that realm.  I want to suggest a departure from that model and propose a different position with a different set of responsibilities: The Chief Creativity Officer (CCO).

public cloud services

Enterprises are looking favorably at the public cloud.  It’s no wonder with Amazon’s immense success in helping savvy web companies build their infrastructure natively on the cloud, as well as the relative ease made by highly visible enterprise developers who have on-boarded and scaled their public cloud footprint when frustrated with slow on premise provisioning.

While exhibiting at AWS re:Invent, we saw both sides of the story, one where Amazon has been making great efforts to actively court the enterprise to gradually onboard more usage and adopt additional AWS services.

Report

The 2012 Otis Report on the Creative Economy of the Los Angeles Region, released last week by Otis College of Art and Design at Google’s YouTube Space LA, once again underscored the impact of creative industries on the local economy. According to the Los Angeles County Economic Development Corporation (LAEDC), from whom Otis commissioned the report, the creative economy is the fourth largest industry cluster out of 66 in Los Angeles County. Driven by arts, design, and entertainment, the creative economy comprises 664,000 jobs and contributes more than $3.3 billion to state and local tax revenues. Projecting a 4.1% increase in creative jobs by 2016, the report emphasizes the need for civic engagement in support of the creative economy.

Chief Economist of the LAEDC Robert Kleinhenz presented the findings of the Otis report, and noted economist and author Ann Markusen presented national models and case studies of city strategies to stimulate and support the creative sector. Mark Lacter of "L.A. Biz Observed" led the guests in round-table discussions and brainstorming sessions focused on new directions and initiatives.

Innovation

What's the biggest impediment to innovation within an organization? Fear.

As early as 2004, research from Elizabeth Wolf Morrison and Frances J. Milliken for the Academy of Management Review and Stern Business pegged fear — and the resulting silence when employees operate within a culture of fear — as the biggest roadblock to innovation.

A recent survey by the Robert Half Group confirms that in 2012, the problem remains. What makes employees afraid?

innovation

I’ll be first to admit that I’m a reforming “innovation” trollop. I’ve thrown the word around too lightly, at any old sailor. I need a hot shower and a Brillo pad… What’s so bad about “innovation”? It doesn’t mean much…and maybe never did. Today, we use it to describe an iPhone newsreader app and the reinvention of space travel by SpaceX. That’s more range than Meryl Streep.  My business is about creating great products and services, so I look for great tech partners. Some are startups led by brilliant entrepreneurs, bursting with optimism and 5-Hour Energy. As they describe their app, game, or web service, their words scream Johnny Depp, but the reality is a bit more Judah Friedlander. No shame in that, but I sometimes wonder how we could get these brilliant minds to work on meatier problems. My concern isn’t for them, but for us. The US needs jobs and as I wrote in Econovation, the big numbers still come from physical, capital-intensive businesses. Here are three ways we can help make brilliant minds deliver bigger results.

christmas ipad

The holiday shopping season is in full swing, and consumers -- including business owners -- are increasingly reaching for their smartphones and tablets to satisfy their retail itch. One in three people in the U.S. will use their mobile devices to make a purchase this holiday season, according to a recent study by Chicago-based ecommerce consulting firm the e-tailing group. 

Problem is, cyber criminals have taken notice, and they're targeting mobile shoppers. "As financial transactions migrate to mobile devices, so do cybercriminals," says Chiranjeev Bordoloi, co-founder and CEO of TopPatch, a New York City cybersecurity company.

healthcare

If you don't have ADD or ADHD, you probably know someone who does -- and if they don't have ADD or ADHD, they probably have some other newly identified syndrome, disorder, or dysfunction.

It's a bull market, these days, for medical conditions, so I thought I'd provide a public service and alert you to 14 of the most recently discovered ones coming down the pike -- my newest article in the Huffington Post. Enjoy!

Money

Two small grant programs and a minor reorganization of related functions within the U.S. Small Business Administration are the aims of a bill introduced Nov 26 by Democratic Sens. Mary Landrieu and John Kerry. "Today's Entrepreneurs are Advancing Mentorship Act of 2012," or the TEAM Act (S. 3638) for short, would create an Office of Entrepreneurial Support within SBA to administer the grant programs, oversee online entrepreneurship education and resources, coordinate programs targeting youth entrepreneurship, and host international groups interested in U.S. entrepreneurship.

The proposed Entrepreneurial Support grant program would provide funding to develop entrepreneurship curricula and mentoring programs within SBA's network of resource partners, including SBDCs, SCORE, women business centers and other nonprofit organizations. The total authorized funding level would begin at $1 million in 2013 and build to $3 million by 2015.

noodles

Over the years, I’ve had the privilege of working with some of the best entrepreneurs in Silicon Valley and elsewhere. On the average, the entrepreneurs I know are living on Ramen noodles. But one thing they all seem to have in common is a love for learning and change. They rush in with a passion to better the world, and money is just an indication of their progress.

The successful ones then invest their time and money in furthering their knowledge base. I’m not talking about academic classes, because at best these only teach you how to learn. In these days of rapid change, most experts believe that the facts college students learn as a sophomore are obsolete before they exit their senior year.

Art by Mike Lucas

Y Combinator has decided it’s time to stop the Start Fund. The two-year-old fund, which awarded every company that went through the Silicon Valley accelerator $150,000 in financing, has a new name, new LPs and a new way of doing business that awards less money, but more time with investors. Called YC VC, the program now will give $80,000. SV Angel, which helped found the Start Fund, is not participating in YC VC, but Maverick Capital will participate.

Braemar Energy Ventures saw a quick return on its $6.5 million investment in light-emitting-diode company Albeo Technologies, which is being sold to General Electric . “It was a short holding period and a nice gain,” said Dennis Costello, managing partner at the venture firm. Braemar invested in the Boulder, Colo.-based maker of LED fixtures for commercial and industrial customers earlier this year. The investment was one of the first from Braemar’s new $300 million third fund and it is also the first exit from that fund.

ohio

CLEVELAND (AP) — Ohio's big NASA complex is looking for ways to share space technology with private industry.

The NASA Glenn Research Center in Cleveland plans a three-day technology showcase opening Wednesday at the Cleveland Public Auditorium.

plaque

Every day, dozens of people walk through it.  Hundreds of people stroll by.  Countless thousands drive right past.  And virtually all of them think nothing of it.

What could such a totally ignorable object be?  Only the birthplace of Silicon Valley.

Recently, while I was getting my car repaired and walking around the neighborhood, I stumbled across this place.  Totally by accident.  You’d think it should feel like the center of the universe.  That you ought to feel the gravitational force.  Yet, along San Antonio Road in the city of Mountain View, just north of El Camino Real, you’d have to be lucky to notice the little sign or the little plaque stuck in the sidewalk…

fire

Torch Partners entered the US market today and opened an office in San Francisco.

Torch is an international investment bank that focuses on technology, media, and telecom. It is based in London with offices in Berlin and primarily works with European companies and deals. The decision to set up shop in America is in an effort to strengthen the ties between its European clients and Silicon Valley.

“With the proliferation of entrepreneurship and startup culture around the world, we saw a vacuum of talent helping the global tech community,” said Sanu Desai, Managing Director.   While Silicon Valley remains the startup capital of the world, places like London and Berlin have become tech leaders in their own right.  The flow of ideas is outpacing the flow of capital.”

growth

BiotechCorp has partly converted a full loan scheme into a grant to encourage commercialization within the BioNexus program

Singapore: Malaysia, which is making an all out effort to boost its biotechnology industry and give it a competitive edge in the region through various policy initiatives, has decided to enhance its Biotechnology Commercialization Fund (BCF). The decision to make the change in the program under the Tenth Malaysia Plan came after a meeting of the Biotechnology Implementation Council on 30 October 2012. A statement on the BiotechCorp website announcing the change says, "In order to further encourage commercialisation within the BioNexus program, we would like to announce that the BCF program previously based on a full loan scheme will now be partly converted into a grant scheme."

africa-

Nairobi — For African entrepreneurs to move to the next step and make the wealth volumes they aspire towards, they must shift their focus from necessity entrepreneurship to opportunistic entrepreneurship.

According to Malik Fal, the Managing Director for Africa of the Omidyar Network, exploiting opportunities in business rather than walking the common tried and trodden path, is a crucial key to making high impact entrepreneurship thrive in the continent.

NewImage

It’s not nearly often enough that we hear about startup ideas that address global hunger, fuel inefficiency, or support the deaf and blind.

This week, Intel threw an event to do just that — to uncover these ideas from research labs, and provide them with funds for launch in the global market. This is the eighth time that the computing device maker has hosted the global business plan competition. This year, it was held at the Haas School of Business at UC Berkeley, and the finalists received $100,000.

Mike Betzer, chairman and chief executive, Social Dynamx.

Former Social Dynamx Chief Executive Mike Betzer was surprised last spring when his company was contacted by Lithium Technologies just two weeks after Social Dynamx had launched.

Lithium, which has raised about $100 million in venture capital, was looking for a partner, and the relationship quickly escalated. Last month, Lithium acquired Social Dynamx in a stock transaction, combining Lithium’s software for customers to develop online communities of fans with Social Dynamx’s ability to route relevant conversations on social networks to customer service reps.

Steve Comber, SAIC senior vice president and health solutions business unit general manager.

McLean-based Science Applications International Corp. won health care-related contracts from the government and commercial customers this quarter totaling approximately $242 million, GovCon Wire reports.

The awards include contracts and work orders for implementing electronic health record products in health information technology, life sciences and behavioral health services.The biggest award this quarter was a Naval Health Research Center research and development contract worth $24 million.

Joel C. Sati, a 19-year-old undocumented student at Maryland's Montgomery College:

Arcos Restaurant, in Fells Point, Md., was abuzz Tuesday night as the Maryland Dream Act was approved with 59 percent of the vote in a referendum, making Maryland the 13th state with a law granting certain undocumented students access to in-state tuition at state colleges.

"This is a momentous victory," said Gustavo Torres, executive director of Casa de Maryland, a community immigration-advocacy group, who celebrated with scores of students and supporters at Arcos. "Voters today recognized the vital contributions talented young people, regardless of immigration status, are making to our state."

navigating

The practice of collaborative innovation brings the wisdom of the crowds to bear on the unknown: unpredictable scenarios where expert intuition leads people astray. The fiscal cliff that today confronts the U.S. and world economies qualifies. In this article innovation architect Doug Collins explores how practitioners can help their organizations navigate this Black Swan event. The message? Act now: collaborative innovation was made for this scenario.

NewImage

As Hurricane Sandy makes her exit, she highlights the challenges and pitfalls of leading through crisis. My first turn-around assignment was my very first management role, as Director of Research at Bernstein (a job I think almost all my colleagues turned down before I was naïve enough to accept).  Since then, I’ve done well more than my fair share of leading businesses through turn-arounds and crises, and made plenty of mistakes (and seen other managers make some career-ending ones). These are a few of the leadership lessons learned: Be available. Be heroically available. It feels a lot better during times of turmoil to close your door and work things through. This only adds to an organization’s stress level. The most notable act of leadership that I saw during the downturn was when one of my colleagues hosted a call for Financial Advisors on some investment products that had gone very bad; he offered to stay on the open-mike call until every last question was answered.  He was on that call for six solid hours, until well after 10pm. And many of the “questions” were not questions, but simply venting. It was uncomfortable, but it was ultimately appreciated.

Richard Branson

Tuesday, October 30, 2012

“Speaking at an entrepreneur event in Egypt earlier this week with President Carter, he mentioned how President George W Bush had reportedly said ‘the French don’t have a word for entrepreneur.’

A quick Google will tell you that the word entrepreneur is a loanword from the French verb ‘entreprende’, which means ‘to undertake’. That sounds quite fitting, as entrepreneurs are always undertaking new challenges and coming up with new ideas

GSK

GlaxoSmithKline plc (GSK) announced Friday that an FDA panel of experts has voted in favor of its investigational medicine for anthrax, Raxibacumab.

According to the company, the panel members voted 16 to 1 in support of the clinical benefit of Raxibacumab for the treatment of inhalational anthrax, with one abstention. In addition, the committee voted unanimously 18-0 in favor of the risk-benefit profile of Raxibacumab.

Richard Branson

“Speaking at an entrepreneur event in Egypt earlier this week with President Carter, he mentioned how President George W Bush had reportedly said ‘the French don’t have a word for entrepreneur.’

A quick Google will tell you that the word entrepreneur is a loanword from the French verb ‘entreprende’, which means ‘to undertake’. That sounds quite fitting, as entrepreneurs are always undertaking new challenges and coming up with new ideas.

Workstation

The end of Daylight Saving Time gives us another hour to sleep, but the loss of daylight is linked to a lack of productivity. Here's how to keep yourself motivated as the long nights of winter set in.

You know the lament, “There just aren’t enough hours in the day.” This weekend you’re about to get one more. On November 4, residents of most of the U.S., Canada, and countries in Europe, Africa, and South America will turn their clocks back to mark the end of Daylight Saving Time (some already did this last weekend).

For productivity wonks (and sleep enthusiasts) salivating at the prospect of a whole extra 60 minutes, there is a downside. Both “springing ahead” and “falling back” wreak havoc on our bodies’ circadian rhythms, those sleep and alert cycles that keep us humming. While losing an hour in spring is blamed for general grogginess and cyberloafing, a study by the found that fall transitions where we lose an hour of daylight are particularly hard on early risers.

Fred Wilson

Lost in the crazy week that we are having in NYC is that fact that Kickstarter went international this past week. On Wednesday, Kickstarter announced that projects in the UK were now live on the site.

Folks from around the world have always been able to back Kickstarter projects, but until this week project creators had to be US residents. This is largely a payments issue, but there were a few other factors at work.

job

As healthcare reform advances, health IT startups offering services to make healthcare delivery more efficient are in expansion mode.

The Bureau of Labor Statistics’ job report for September, published earlier this month, noted that payroll employment had increased by 114,000, notably from the healthcare sector (along with transportation and warehousing). Although many of the openings are in hospitals or home health, the jobs at healthcare startups tend to come under the heading of technology jobs.

airport

The suitcase entrepreneur is the business man or woman who can work from anywhere, who spends his or her life on a plane to another location and who never needs to clock in to “the office” environment. The suitcase entrepreneur is THE entrepreneur of the 21st Century.

Anyone aspiring to be a suitcase entrepreneur must be willing to learn from others. More and more companies are investing in products and services to make the life of the suitcase entrepreneur easier and more successful because the industry is growing fast. Therefore, it is important to stay in touch with the expanding face of this particular world of work and take advantage of all ideas on offer.

Poverty on a scale that's unimaginable in developed countries is the daily reality for nearly half the human hopepopulation. Today, more than 3 billion people live on less than $2.50 a day (measured in purchasing power), and 1.4 billion live on less than $1.25.

There is good news, though. Global poverty has, in fact, declined dramatically over the past 50 years, proof that this is not an intractable problem. Income inequalities may always exist, but extreme poverty need not always be with us.

Over the years, a multitude of programs have been proposed to tackle the problem of global poverty. Today, the effects of different approaches can be better evaluated, thanks to the powerful technologies now available for research and analytics. And the best of this research points to some surprisingly hopeful conclusions.

martin zwilling

Is it possible to be successful in business and not fulfilled? The answer is a resounding yes today, and I’m convinced that it will be even more true tomorrow, as young idealistic entrepreneurs try to adapt to the long-standing business culture where success is only measured in the money you make for yourself and your business. That isn’t very fulfilling to the growing number of entrepreneurs whose vision and satisfaction comes from making the world a better place, and enjoying a leisurely lifestyle with friends and family. In fact, it’s already a problem with more successful entrepreneurs than you know, based on a recent book by serial entrepreneur Brian Gast, “The Business of Wanting More.”

lily qi

Since leaving China over two decades ago, I have been amazed at the scale and speed of the physical transformation the country is undergoing. Every time I visit, I feel less familiar with my native land, which is experiencing what may be the most rapid positive transformation of any country in human history. The last three decades have seen explosive change.

It occurred to me during a recent delegation trip to China that beneath the most modern-looking skyscrapers and the most impressive public infrastructures, buildings that Americans can only dream of, is a culture of learning that has propelled the country to be a global giant.

anthrax drug effective

The FDA seemed to tentatively support the benefits of the investigational monoclonal antibody raxibacumab for treating inhalational anthrax following new animal studies, documents released before a Friday advisory committee meeting showed.

Rabbits that received the antibiotic levofloxacin (Levaquin) in combination with raxibacumab tended to show a greater survival rate (about 17%, P=0.0874) compared with those treated with levofloxacin alone, the FDA said Wednesday.

"Although a positive, statistically significant added benefit result was not achieved with this underpowered study design, there appears to be a trend towards greater survival in rabbits when raxibacumab is coadministered with levofloxacin 84 hours after inhalational anthrax exposure," FDA reviewers wrote in briefing documents released ahead of Friday's Anti-Infective Drugs Advisory Committee meeting, at which committee members will vote on raxibacumab's safety and efficacy.

no ip tracking

We’ve spoken about the tracking that happens in the background while you are surfing the web a couple of times this year. The most recent incident, involving the sites of the US presidential candidates has brought the issue back into stark relief.

For many this has no relevance as it happens “secretly”; you don’t even know about it. Having worked for an online advertising company in the past, I was amazed to learn what actually can be done with Adware, spyware, malware and the rest of the “ware’s”. In some cases it almost seemed criminal.

hurricane

Anthropogenic climate change has contributed to sea surface warming, influencing the intensity of storms like Hurricane Sandy, a leading climate scientist has told EurActiv. Sea surface temperatures off the American East Coast were nearly 3º warmer than usual this autumn – a near record – and 0.6º of that could be linked to climate change, said Dim Coumou, an earth systems analyst at the Potsdam Institute for Climate Impact Research in Germany.

“This has an influence on the intensity of the storm because if the sea surface temperatures are higher, the overlying atmospheric temperature will also be higher and the air can hold more moisture,” he told EurActiv.

creativity

The past decade has seen an increased interest in employing the arts as a community and economic development strategy. But this is not a new idea, Mark Stern, a social policy professor at the University of Pennsylvania, reminded participants at a Reinventing conference session on the arts and culture. This strategy dates back to the days of urban renewal in the 1960s when older industrial buildings and housing were replaced with symphony halls and cultural spaces. Today, however, there is interest in “moving beyond larger, more mainstream investment in the arts to focus on more immediate, participatory strategies for engaging a wider urban community in the art world,” noted Stern, who moderated the session.

imgres.jpg

I’ve hated brochures for years. They’re valueless, boring and they kill profits. Sales presentations are quickly catching up to brochures for the lead in traditional sales tools that make selling harder. Both pieces suffer from the same root problem. The focus is on communicating value, rather than creating it. They’re both designed to tell prospects/customers what you will do. But think about it (and be honest); can’t your competitors say they will do the same basic things you say you do? My bet is that they probably already are.

world wide wade

If you’re willing to to walk around all day wearing sensors that record your activity and compile the data into fancy reports and graphs, you must be either a pretty big geek, or a fanatical athlete training for an ultramarathon-style event, or both.

At least, that’s been the conventional wisdom. And there’s some truth in this point of view. Most of the personal fitness monitoring devices on the market today, like the Fitbit Ultra and the Nike+ Fuel Band, are too complicated, too expensive, or too specialized to appeal to the average consumer.

free hugs

Google recently added a new feature for its nonprofit program that aims to help charity organizations and other nonprofits that run YouTube channels gain traffic and views to help their fundraising or awareness campaigns.

Campaigns acts as a progress bar that tracks views for nonprofit video campaigns, much like the classic thermometer display that shows how much money a nonprofit or charity has raised toward a goal, event, or milestone.

up chart

These days every new entrepreneur understands that an innovative product or service is necessary, but not sufficient, to start a business. You have to build a web presence with marketing content to get visibility above the 300 million other new websites created last year, and attract the customers you need. But most entrepreneurs don’t know where to start.

Of course, there is a plethora of “experts” emerging out there, who are anxious to lead you down that path, for a large price. So I’m always on the lookout for some real experts, and some pragmatic guidance on how to attack this issue. Recently I was reviewing a book on content marketing, “Accelerate!” by an expert and friend in this space, Arnie Kuenn, which offers guidance and examples on new and modern approaches for the rest of us:

SBA

WASHINGTON – The U.S. Small Business Administration’s Small Business Investment Company (SBIC) debenture program provided a record $2.95 billion to small businesses in fiscal year 2012, a 14 percent increase over last year’s $2.59 billion and an 85 percent increase over 2010, also a record year.

“Over the past three years SBA has transformed the SBIC program to ensure small businesses have greater access to SBIC funds,” said SBA Administrator Karen Mills. “These record-setting numbers are proof that our efforts to streamline and simplify the process have made it possible to get capital into the hands of small businesses more quickly. When an SBIC invests in a small business, it can scale up and create jobs.”

martin zwilling

I have met several young people in business recently who believe that they are natural born entrepreneurs, and actually seem to feel that traditional training and experience may be a detriment to their success in this new world. I concede that natural born components do exist, but more often I tend to agree with Peter Drucker, who said “It’s not magic, it’s not mysterious, and it has nothing to do with genes. It’s a discipline, and like any discipline, it can be learned.”

high tech

With creative funding schemes picking up steam and nontraditional funders taking an interest in biotech, what can universities and start-ups expect in their right first-round financing structure? At the BIO Technology Transfer Symposium, a panel examined various funding sources as well as the factors that influence investment decisions and the ins and outs of early stage financing deals.

William Tucker, executive director, Innovation Alliances and Services, University of California Office of the President, moderated a discussion with:

  • Ron Lennox,  partner with CHL Medical Partners; and
  • Dr. Heather M. Snyder, senior associate director with the Alzheimer’s Association.

ipad

The iPad is the most successful tablet on the market right now, but as competitors have proven, there's huge interest in smaller, cheaper devices, too.

So in a few weeks we'll have the so-called iPad Mini, Apple's attempt to fill the gap in its iOS device lineup. While early leaks on the iPad Mini haven't been as prevalent as they were for the iPhone 5, we do have a good idea what it'll be like.

Here's everything we know so far:

When will it go on sale? Apple has already leaked to the press that it'll announce the iPad Mini in October. According to Fortune, Apple will hold a press event to announce the iPad Mini on October 17. The launch will be a week or two later, possibly in early November. The Wall Street Journal reports that the iPad Mini is already in full production. 

download report

As a valued GigaOM insider, we'd like to offer you a free report that profiles the best of the European tech scene, GigaOM Euro 20: the European startups to watch.

Companies profiled include:

  • Just Eat 
  • Rovio 
  • Spotify 
  • Vente Privée 
  • Wonga 

We hope you enjoy this report by GigaOM Pro, the leading provider of independent research on emerging technologies.

unemployment

BRUSSELS: The EU executive called Wednesday for a huge increase in investment in the cultural and creative industries, which account for up to 8.5 million jobs, saying they are a key motor for Europe's growth.   Culture Commissioner Androulla Vassiliou, who wants a 37 percent hike in the next seven-year EU budget, believes Europe needs to maintain its edge in the cultural and creative field due to their impact on innovation as well as tourism, fashion and other high-end industries.

Snapshot 9 30 12 11 28 AM

We are almost 30 days away from Constellation’s flagship event -Connected Enterprise 2012!  This event from November 9th to 11th, 2012, celebrates innovation in the enterprise and the impact of disruptive technologies on business.  Our theme for 2012 and 2013 centers on the “Art of the Possible”.

This intimate innovation summit in Dana Point, CA (www.stregismb.com) is designed for senior business leaders who are attempting or successfully using disruptive technologies such as social business, cloud computing, mobile enterprise, big data and analytics, gamification, and unified communications/video to drive business value and transform business models.

watch

Aim is to help keep ‘creators’ from over-promising and under-delivering

Crowdfunding site Kickstarter – where more than 30,000 projects have raised about $312-million, according to its stats – has announced new rules to help keep “creators,” or the entrepreneurially minded trying to fund ventures, from over-promising and under-delivering.

Those are concerns that have been raised, as this New York Times piece and this Fast Company piece address.

aarp

Washington, DC (PRWEB) September 28, 2012

At the AARP Health Innovation@50+ LivePitch 2012 early stage health technology companies demonstrated their products and services before expert judges in front of a live audience of investors and consumers. Eighty companies submitted to demo at AARP Health Innovation@50+ and 10 were chosen as finalists.

The day long event was held Friday, September 21st in New Orleans, LA during the AARP 2012 Life@50+ AARP National Event & Expo. Lisa Suennen, Managing Member at Psilos Group emcee’ed the event.

QR CodeLosing something is not a unique experience, though it happens in a variety of ways. Maybe you were out and about and being carefree when you dropped your phone, or in a hurry and left a camera behind. Whatever the situation or what you lost, it can be worrisome, frustrating and time consuming to locate your precious thing — and there’s always the chance you won’t find it again.

A company called FinderCodes offers a solution in the form of QR codes on keychains and stickers, which you put on your possessions. The video for the company shows the codes on cellphones, cameras and even your dog’s collar (smart thinking). FinderCodes does rely on a good Samaritan finding the object and deciding to return it. If someone does pick it up, it’s a simple matter to just scan the QR code to contact you. If the person who found your lost item doesn’t have a smartphone, he can enter the numeric code found on the sticker into the website to contact you.

Brian Lewis/The Gazette “I learned that if you can get a really good working group together, that’s huge. That’s where one plus one equals three,” says Art Jacoby, CEO of the Tech Council of Maryland in Rockville.

For Art Jacoby, the new CEO of the Tech Council of Maryland, the right leadership can be a “game changer.”

Jacoby hopes to be such a catalyst as he assumes this role at the Rockville trade group, which has more than 400 members. The council — which supports Maryland’s 10,000-plus technology businesses, including more than 500 life science businesses — is working to address six areas: education, advocacy, access to capital, access to new markets, community support and membership benefit.

Charlie Vogt is chief executive of Genband, a Frisco, Texas, provider of Internet-based telecom services that topped this year’s ranking.

The Wall Street Journal today published its third annual list of the top venture-backed companies, with input from VentureWire, looking to identify the ones likely to become the Next Big Thing.

The top three ranked companies are all business-product makers: Genband, a supplier of voice-over-Internet-protocol technology to telecom companies; Xirrus, a provider of wireless networking equipment; and Tabula, which makes semiconductors for electronic products.

Several other companies on the list of 50 companies offer products or services designed to help businesses run more efficiently, such as data-storage company Nimble Storage (No. 26) and business-analytics software provider Marketo (No. 20).

Growth through development

PROVIDENCE, R.I. — Rhode Island's leaders say they're eager to make the state friendlier to businesses following an outside group's report calling for sweeping changes to the state's economic development efforts. But they concede they don't yet have a clear plan for doing so.

Gov. Lincoln Chafee feels "a sense of urgency" to improve the state's business climate, spokeswoman Christine Hunsinger said Wednesday. But she said the independent governor doesn't yet know what changes to the state's Economic Development Corp. he might recommend to the General Assembly.

TEDAhe Department of Commerce announced the winners of the Strong Cities, Strong Communities (SC2) Challenge, the Economic Development Administration-led competition seeking to help cities and regions develop a comprehensive economic development strategy. Greensboro, North Carolina, Hartford, Connecticut, and Las Vegas, Nevada each were awarded $1 million to assist in the refinement and implementation of their respective plans. This year's competition follows on the success of a 2011 pilot program, which made awards to six cities, and a Presidential Executive Order signed in March establishing the White House Council on Strong Cites, Strong Communities.

chart

Think Dropbox, Box, and a handful of other players have wrapped up the data storage space?  Tell that to venture capitalists who certainly don’t seem to think so.  Q2 2012 saw data storage hit a 10 quarter high in terms of deals marking a 119% increase in deal flow over the year ago quarter.  On a sequential basis, deals and dollars were up 84% and 134%, respectively.

Since 2010, there have been 195 financing transactions in the storage space with over $1.6 billion having been invested.  As the graph below illustrates, the deal activity trend is clearly trending upward.

ipad

To help you make sense of all the data we have, we’ve been steadily increasing the use of interactive visualizations to understand companies, investors, acquirers and even industries. After some work, we’re happy to report that these interactive visualizations along with our existing company, investor and acquirer profiles as well as our search capabilities are now easy to use on your iPad or any tablet.

Below are a couple of samples of CB Insights on the iPad.  We hope you’ll log onto CB Insights via your iPad and let us know what you think.

mind over matter

Using your hands to do things is so last year. Developments in neuroscience and physical computing mean new ways to translate thought into action. Here, some of the latest and more promising uses of your brain waves.

Cool as brains are, historically, they’ve tended to be pretty worthless without a body. Not so anymore thanks to a new generation of mind-control applications that allow people to fly a tiny helicopter, smash a watermelon, even type very, very slowly using nothing but their three pounds of gray matter (and some peripherals).

Okay, so we’re not quite talking Yoda-level telekinesis yet. But even these seemingly minor accomplishments are significant "because they represent the first steps toward a new way of interacting" with physical objects, says Riccardo Girardi, creative director at digital production company B-Reel, which created a mind-control device of its own (see slide show above).

iphone healthcare mobile

Speech recognition software company Nuance is working with chip makers on how to build a chipset for a mobile device that would let users get assistance from a smartphone without touching it—even when it's in power-saving "sleep" mode—by simply speaking to it.

Vlad Sejnoha, Nuance Communications' chief technology officer, says the company is working with "a number of" chip companies who are "thinking very actively" about how to make this sort of persistent listening work in a low-power way.

factory

Supporters of a big increase in the EU's research budget fear innovation will slip down the agenda as talks over the next seven-year budget heat up, a new survey suggests.

Some 93% believe that investing innovation is one of the best ways to create jobs in Europe, an increase of 7% on two years ago, according to the second GE EU Innovation Barometer, published on Wednesday (19 September).

However, 56% also believed that the current economic crisis will put supporting innovation in a lower position on the EU agenda, according to the survey of 260 people.

Qiagen

QIAGEN NV, a provider of sample and assay technologies, has announced an agreement with Lepu Medical Technology Co., Ltd., a medical device company in China, to provide QIAGEN's ESEQuant Lateral Flow System for use in emergency rooms with Lepu's tests for cardiac markers that diagnose acute myocardial infarction, or heart attack.

The agreement expands QIAGEN's presence in China and adds a new point of need diagnostics application. China's State Food and Drug Administration, or SFDA, has approved the ESEQuant Lateral Flow detection system with Lepu Medical's five cardiac marker tests. Lepu will market the system in China under the name LEPU Quant-Gold.

watch

About ninety-five percent of the projects on Kickstarter are non-industrial: movies, video games, food products. For the five percent that comprise the technology and design categories, the open nature of crowdfunding can create flurries of agita usually hidden behind the curtain of private investing and venture capital.

It came out last week that star Kickstarter project Pebble – the highest raiser on the site – had failed to ship their 85,000 e-paper watches on time to their donors/customers, without any explanation or new expected ship date.

health

Wondering how many top life sciences CEOs got where they are today? The 2012 Mid-Atlantic Bio Conference, taking place September 27-28 at the Bethesda Marriott, will give attendees the inside track on how area biotech CEOs found their way to the top during a panel on building value and planning exits.

In addition, CEOs from the area’s top hospital centers will provide insight into the delivery of healthcare services today. Are today’s hospitals willing to buy new technology? How can today’s hospital system be successful? Conference attendees will have a unique opportunity to speak to the executives at the top of Adventist Healthcare and Inova Health System.

Boettcher Foundation Sponsors Colorado s New Creative Districts | OEDIT

Colorado Creative Industries, a division of the Colorado Office of Economic Development, is pleased to announce that the Boettcher Foundation will be the founding sponsor of the state’s new Creative Districts program. The Boettcher Creative District Leadership Awards will provide $300,000 in matching funds to up to 12 Certified and Prospective Creative Districts over a five year period.

The first-year grants will be awarded in September and will benefit seven Districts and total $45,000:

  • $10,000 grants will be awarded to each of the current Certified Creative Districts – Denver’s Arts District on Santa Fe and Downtown Salida 
  • $5,000 grants will be awarded to each of the state’s current Prospective Creative Districts – Longmont Arts & Entertainment District, Pueblo Creative Corridor, RiNo Arts District, Ridgway Creative District, and Telluride Creative District.

steve case

Steve Case, CEO of Revolution and founder of TechCrunch-owner AOL, was a key player in advocating for the JOBS Act, which will allow for a much broader range of crowdfunding (specifically, equity crowdfunding). When he spoke at the Techonomy Detroit conference today, Case elaborated on why the JOBS Act is going to be a big deal.

In Silicon Valley, Case said, crowdfunding probably won’t be “that important or helpful,” because there’s already “tons of money and venture capitalists.” In areas like Detroit, however, it could be “really important.” The Securities and Exchange Commission is still translating the legislation into specific rules, but eventually, entrepreneurs will be able to raise up to $1 million via crowdfunding, which will “democratize access to capital.”

Some diagnostic tests for tuberculosis, such as chest X-rays, are difficult to use in remote locations where the disease is rife.

A highly specific and sensitive fluorescent molecule can rapidly detect tuberculosis (TB) bacteria in sputum samples, according to work published this week in Nature Chemistry1. Scientists hope that it will soon lead to a quick and cheap diagnostic tool for the disease.

TB has a devastating effect. The disease killed almost 4,000 people per day in 2010, predominantly in the developing world. Although there are treatments available, diagnosis can take several weeks, during which time patients can transmit the infection to others. If a person with active TB goes untreated, the World Health Organization estimates that they will infect an average of 10 to 15 people a year.

Mobile Payments

Q: Mobile payments are coming on strong. Should small business owners be taking steps right now to prepare for this trend?

Mobile payment systems are springing up left and right. But is it time your small firm embraced the technology? (AP - AP)

Aaron Schwartz, founder and chief executive of Modify Watches in Berkeley, California:

If you have sell a physical product, you absolutely should invest the time to accept mobile payments. As a startup, one major goal should be increasing conversions. Mobile payments can improve your conversion percentage by lowering the barrier to a sale. Some companies create mobile apps to allow e-commerce pages to be more easily accessed from a smartphone, but mobile payment systems, by offering an incredibly simple way to pay for a product, are significantly better.

plant

Here’s another name to add to the list of life science-focused venture firms raising or closing funds over $100 million this year: Longitude Venture Partners.

The VC firm that specializes in medical device, biotechnology, diagnostics and R&D tools investment revealed in a U.S. Securities and Exchange Commission filing last week that it has raised more than $331 million for a second fund and could continue raising up to $375 million. A partner at the firm was not available to comment.

Tom Walsh

If imitation is indeed flattery's sincerest form, then let's take a close look at why big outfits like Kroger and Procter & Gamble are so smitten with what's going on in Michigan.

Specifically, it's the Renaissance Venture Capital Fund, formed in 2008 by Business Leaders for Michigan, that has caught the eye of -- and been copied by -- Cincinnati's business leaders as a way to accelerate entrepreneurial activity by attracting more early-stage investment.

grandparent

Grandparents, an increasingly important source of child care in the United States, vary greatly in the kind of care they provide, depending on their age, resources, and the needs of their children, research at the University of Chicago shows.

A new UChicago study, based on a National Institute on Aging survey, shows that 60 percent of grandparents provided some care for their grandchildren during a 10-year period, and 70 percent of those who did provided care for two years or more.

The results mirror recent U.S. Census data showing the importance of grandparents in child care. The 2010 Census reported that 8 percent of grandparents live with their grandchildren, and 2.7 million grandparents are responsible for most of their grandchildren’s needs. In 2006, 2.4 million grandparents had that responsibility.

science fiction

Computers that simply do the sames things faster and faster are becoming boring. Been there, done that. But a device that can detect and interpret your emotions? Or intelligently organize a meeting, knowing that one of the participants is jogging at the time? That’s a more interesting proposition. Intel, perhaps surprisingly, is working on both.

At the Intel Developer Forum this week, the chip giant has serious business on tap, presenting the latest iteration of its Core microprocessor line and laying out its software initiatives, including updates from its McAfee security division.

Crowdfunding has been touted as an answer to startups' cash needs. But there are risks. Adisa / Shutterstock.com

A new law allowing private companies to sell shares to the public over the Internet is a disaster in the making, a market research analyst for Boston's OpenView Venture Partners argues.

Nick Petri of the firm that has invested in ExactTarget and Mashery likes crowdfunding—in theory. But, in a couple of blog posts over the past week, he lays out causes for concern as the Securities and Exchange Commission develops rules to allow private companies to sell shares to anyone.

Here are a couple of his points:

The model leaves startups vulnerable to lawsuits from disgruntled investors. Petri writes:

Angel Investor

Angel investor extraordinaire David Rose has more than 80 companies in his portfolio. David Tisch, former managing director of Tech Stars NYC, told a conference audience last year that he had stakes in 51 companies. Brian Cohen, chairman of the New York Angels, has money in dozens of young startups.

The three are among a handful of "super angels" operating in New York City for the past few years. Also known as mini-VCs, super angels are active, experienced investors who make upwards of five or 10 investments a year, often with their own dollars but sometimes with other people's. What characterizes them is the size of their investments (up to about $250,000), the number of companies they invest in, and the stage where they specialize (the seed, or startup, stage).

facebook

Until the recent recession, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Since 2008, the desire for profits has trumped passion in 54 percent of new startups, according to a recent study. It seems that everyone wants to make a quick buck these days.

Being called a lifestyle entrepreneur should be a point of pride, not an insult. The term applies to anyone who places passion before profit, and intends to combine personal interests and talent with the ability to earn a living. This usually means not taking money from equity investors, since investors want fast growth, high profits, and an exit event, to allow investments to be recouped.

elephant

As a study so far popularized by books like Steven D. Levitt and Stephen J. Dubner’s bestseller, Freakonomics, could closer attention to behavioral economics be beneficial when attempting to build an innovation ecosystem?  

The key element to the study is examining why people act in the way they do.  An action taken by a person can be explained as a response to a motivation or incentive. The limits of these are not financial, but include the likes of social, health and moral incentives as well, or even a combination of them, either positive or negative.  For example, a person may choose not to take drugs for the fourfold incentive that they are expensive to buy, they know it can be damaging to their health, there is a chance that they may be looked down upon by their peers in social groups, and lastly there is a strong risk of heavy punishment if they are caught by the authorities.

The Key To Startup Success Is Understanding An Average Engineer's Day - Business Insider

We're at TechCrunch Disrupt 2012, a big industry conference that's all about startups—and big companies that began life as startups.

The first speakers: Ben Horowitz, a partner at Andreessen Horowitz, perhaps the hottest venture-capital firm right now in Silicon Valley, interviewed by Bill Campbell, the chairman of software company Intuit, who's better known in the tech world for his role as an advisor to companies like Apple, Netscape, and Google.

Wireless Charging—Has Its Time Finally Arrived? - Technology Review

At a time of wireless everything—from phones and Internet to headsets and keyboards—it seems tedious that our gadgets remain tethered to an outlet whenever they need a charge. It's especially galling given that the technology has been available since Nikola Tesla first demonstrated wireless power through magnetic induction in the 1890s.

Why hasn't cord-free charging—where a device gets charged when you place it on a charging surface—caught on? It's not due to a shortage of products, nor from a shortage of companies that want to sell them. More than 125 businesses have joined the Wireless Power Consortium, formed in late 2008 to create a global charging standard. While the consortium hopes the technology will one day become as common as Bluetooth in most devices and, like Wi-Fi, available in many public spaces, wireless charging has been slow to take off.

COLORFUL EUPROPACRIS GRASSHOPPER

They’re worldly. They’re do-gooders. They’ve got famous friends. But let’s talk about what really matters. Which of these critters from Mozambique, all of which are the subjects of a long-term project led by scientists at Harvard, is the best-looking? You can vote for only one. Voting will close on Monday, Sept. 10.

scottland

The Scottish government has responded to the outcry over a report from the government’s agency partners which claimed the games industry in the country generates no revenue, employs just 200 staff, and has attracted no students.

Creative industries in Scotland

As spotted by ScottishGames.net, the industry is seriously undersold in a report by DC Research commissioned by government body Creative Scotland and Scottish Enterprise.

The report covers 16 creative industries in Scotland, using publicly available information dating back to 2010. It lists the Scottish games industry as employing 200 staff and having a value of £0.

Sharks

Wayne Davis has been spotting fish for 40 years, flying his airplane low over the water in search of bluefin tuna and swordfish. Usually he guides commercial fishermen to them.

But in all of his flights over the Atlantic from his home in Wakefield, R.I., he's seen a lot of other animals, including sharks and whales. And he's taken photographs.

"A lot of people don't believe me when I tell them about seeing these animals in New England," Davis said. The photographs are proof.

growth

Half of business including entrepreneurship is mental (if not more).  As small business owners, we encounter both the good and the bad; we get lucky and have misfortune cross our path.

In order to survive and even thrive, the entrepreneur must become relentless in their pursuit of owning a successful, lucrative business that is fulfilling and challenging.  They must learn, learn and learn some more.

loudspeaker

Are you confused yet about SBIR/STTR Reauthorization?? If not then you haven’t been paying attention! Although the SBIR/STTR legislation was passed at the end of 2011 the process of implementing the changes is anything but simple. The SBA has been working diligently with the agencies to move things forward. The changes have been split into two parts – Size Rules, which govern eligibility; and the Policy Directive, which guides how the agencies administer the programs.

The proposed Size Rules were published earlier this year for public comment. The public comment period closed on July 16. The SBA hopes to publish the Final Rule by January 1, 2013. If you didn’t already submit comments on this aspect of the changes you are too late. But wait …there’s more!

Seattle Center

Just as the 1962 Seattle World’s Fair focused on innovation and the future, the Next 50 devotes the month of September to Commerce and the Innovation Economy. Trade summits, high level discussions, career development activities, startup weekends and lively forums will consider the place of alternative energies, transportation, IT, global development, women and much more in future regional prosperity.

The most event-packed month of the Next 50 provides many opportunities for the Seattle community to engage, participate and learn about the place of regional innovation, education/training, entrepreneurship, infrastructure and immigrant contributions to the sustainability of Washington State and the world beyond.

Ice Cream eaten by kid

The British-Dutch mega-giant's takeover of the Karamel Sutra creamery went smoothly thanks to an adaptable CEO. Delicious executive lessons ensued.

In 2001, the British-Dutch conglomerate Unilever bought the American Vermont-based ice cream manufacturer Ben & Jerry's. A key asset of Ben & Jerry's was its market niche among those customers who appreciated the premium ice cream with unusual flavor names like Karamel Sutra, Chocolate Therapy, and Imagine Whirled Peace. In the acquisition, Unilever needed to preserve this market niche, which was based in no small part on the corporate image of Ben & Jerry's social responsibility and left-leaning social activism.

Innovation the Future

From protecting frontline soldiers to reaching the moon, Lockheed Martin has a 100-year track record of innovation. From the humble beginnings of founders Glen Martin, Allan Lockheed and Malcolm Lockheed, an unrelenting journey began to continuously push the boundaries of technologies that promise a better, brighter, and accelerated tomorrow.

Marking its 100th anniversary, Lockheed Martin (NYSE: LMT) is launching its first public innovation challenge, Innovate the Future Challenge. As a top global security and aerospace company that employs 61,000 engineers, scientists, and IT professionals, Lockheed Martin understands that great ideas can come from anywhere. Realizing the importance of early creativity, Lockheed Martin encourages and supports the next generation of inventors, students, researchers, mathematicians, engineers, and scientists to participate in the challenge. In conjunction with the public-facing challenge, an internal challenge will allow Lockheed Martin employees to contribute ideas for ways the company can create profitable growth in adjacent markets and innovate for affordability. The Innovate the Future Challenge creates a unique opportunity for Lockheed Martin to pursue affordability and collaboration through a systematic innovation program that taps both internal and external resources.

Unique

Stephen R. Covey, the author of The Seven Habits of Highly Effective People, died yesterday. In a testament to his impact, his passing was news on CNN, The Washington Post and in many other publications around the world.

The comments on these obituaries include two very divergent types. On group says he was a "snake oil salesman" who "started a wave of BS in the corporate world — all about clichés and posters and one liners." The other says "he cleared out a lot of BS by making some important ideas simpler to grasp." Which is it?

Some small business groups are worried that proposed changes to the Small Business Innovation Research program will allow foreign-owned firms to get access to R&D awards from the U.S. government.

Proposed rules for the Small Business Innovation Research program could allow foreign-owned companies to compete for these federal R&D awards, according to the Small Business Technology Council.

“This change has the potential of sending hundreds of millions of American taxpayer dollars to businesses overseas,” wrote SBTC Executive Director Jere Glover in letters sent yesterday to Congress and President Barack Obama. “Products developed and manufactured by foreign firms with U.S. tax dollars are likely to benefit their own countries, to the detriment of American businesses.”

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Cities have long attempted to bring the rural into the urban, whether the Hanging Gardens of Babylon or Singapore’s new Gardens by the Bay, but urban agriculture is increasing with green roofs and other forms of urban farming as the population of cities continues to expand. Based largely on the theories of Dickson Despommier, architects have been designing the ultimate in city-based agribusiness, vertical farms inside of high rise buildings which some have dubbed plantscrapers.

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"A general who fears to unsheathe his sword is not a good general," says Mr. Li Jiaxiang, Chairman of Air China from 2004 to 2008 and the #1 performing corporate leader in China according to our new ranking (just published in the Harvard Business Review China and the centerpiece for the magazine's launch events in Beijing and Shanghai. The ranking is posted, in English, here). Under his leadership, the company's total shareholder return outperformed its industry peers by 1,022%, corresponding to a compound annual return above the industry average of 129%, with a corresponding market capitalization increase of CNY 237 bn (USD 36.7 bn). A former general in the China Air Force, Mr. Li put into practice leadership skills he honed in his military career.

GSK

GlaxoSmithKline of Britain is near a deal to buy the biopharmaceutical company Human Genome Sciences on friendly terms for about $2.8 billion, potentially ending a long hostile takeover campaign, a person briefed on the matter said on Sunday.

Under the new terms of the deal, GlaxoSmithKline would pay about $14 a share in cash, this person said.

An agreement could be announced as soon as Monday morning, this person said, cautioning that the talks might still fall apart.

(Steve Griffin | The Salt Lake Tribune) Jack Brittain is stepping down as head of the University Utah's technology-development arm, which is expected to be reorganized.

The University of Utah is retooling its tech-commercialization machinery while extending a paid one-year leave of absence to the current system’s architect, Jack Brittain.

Brittain stepped down July 1 as vice president of technology venture development while officials look to "take full advantage of university research and to better facilitate coordination of technology across campus," the university announced in a press release Friday afternoon.

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Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. The founder explains that the product is so “buzz-worthy” that usage will spread rapidly through word-of-mouth only, meaning people loving it and recommending it to their friends.

First of all, Seth Godin pointed out a few years ago that viral marketing does not equal word-of-mouth. His view is that word-of-mouth is an unsolicited consumer action, positive or negative, which usually fades quickly, like a good or bad restaurant review.

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A Seattle venture firm focusing its investments on biopharmaceutical companies is raising a new $400 million fund, according to U.S. Securities and Exchange Commission filings made last week.

Frazier Healthcare’s seventh fund follows a $600 million fund formed in 2008.

The firm’s investment strategy focuses on companies with development-stage biopharmaceutical therapeutics and occasionally medical devices.

idea

We are talking about angel investors here, meaning people who invest their own money in early-stage startups for a share of the equity. These people are highly focused on investment areas they know, which have a large opportunity for growth, revenue projection of $20M or more in five years, and a high return that can be realized via an exit within five years.

Generally, the same criteria applies to venture capital investors, although they invest other people’s money, at a later stage, in larger amounts. Both are excited by innovative new products and services, and neither is normally interested in deals in the following domains:

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Just a few weeks ago, global credit rating agency Standard and Poor’s (S&P) released a study titled, “Will India be the first BRIC fallen angel?” The report suggests that India may become the first “BRIC” country (Brazil, Russia, India and China) to lose its investment grade rating. While it remains to be seen if India can escape this ignominy, the country has earned another dubious distinction: It ranks the lowest among the BRIC nations on the Global Innovation Index 2012.

Early onset: Brain scans show evidence of Alzheimer’s disease 20 years before symptoms arise (far left), 10 years before (middle), and after the onset of symptoms (right). Beta amyloid, a protein associated with the disease, is more visible in people who develop the disease (top row) than in those who don’t. The more color in the scan, the more beta amyloid is present in the brain.

The first detectable signs of Alzheimer's disease occur as long as a quarter century before symptoms like memory loss become noticeable, according to a detailed chronology of molecular changes to the brain and spinal fluid of people who later developed the brain disease.

The research, published today in the New England Journal of Medicine, provides a timeline of the subtle changes that begin in victims' brains and, importantly, can be detected years ahead of time by MRI exams, blood analyses, or other tests.

Hacker Way

Facebook has big responsibilities now that its shares are publicly traded, but its headquarters in Menlo Park, California, gives the impression that the company refuses to grow up. Employees glide around the campus on skateboard-like RipStiks and join each other for drinks and games when they’re not in conference rooms whose very names reflect a disdain for convention.

In this gallery, we show glimpses of the campus gathered during photo shoots for our recent cover story, “What Facebook Knows.” We have applied an Instagram filter to each image, making use of the technology that Facebook bought with its largest acquisition to date.

Human Genome Sciences

Human Genome Sciences, Inc. HGSI -0.73% announced today that the U.S. Food and Drug Administration (FDA) has acknowledged receipt of the resubmission of the Biologics License Application (BLA) for raxibacumab, a treatment for inhalational anthrax, and has established December 15, 2012 as the Prescription Drug User Fee Act (PDUFA) action date.

The FDA has deemed the resubmission a complete, class 2 response to its November 14, 2009 complete response letter, which requested further analyses of existing data as well as additional information.

Celgene

KLA-Tencor Corporation (NASDAQ:KLAC) possesses the largest downside in the risk due to higher relative valuation and notes many stocks are pricing in order weakness, according to Goldman. The firm gives shares a Neutral rating.

Don’t Miss: Wall Street Brief: Sirius XM Subscriber UPDATE, Alcoa to Kick-Off Earnings Season.

Celgene Corporation (NASDAQ:CELG): Following Reuters’ report that Celgene had become a possible second bidder for the acquisition of Human Genome Sciences (NASDAQ:HGSI), Rodman & Renshaw vocalized that the move would be somewhat irrational for Celgene. The firm states that shareholders of Celgene would not have much tolerance for the sizable and possibly dilutive acquisition. Rodman & Renshaw maintains an Outperform rating with a $76 price target on the shares.

biotech

The registration date for Maryland’s popular biotechnology tax credit program has been rescheduled because of wide-spread power outages.

Online registration for the Maryland Biotechnology Investment Incentive Tax Credit will open at 9 a.m. July 9. Registration was moved from July 2 out of concern that some investors would not be able to participate because of the power outages affecting hundreds of thousands of homes and businesses in the Baltimore area.

office

A Silicon Valley entrepreneur who secretly lived at the office of AOL Inc. to save money now has his own place.

The San Jose Mercury News reports (http://bit.ly/LMIb0k) that 20-year-old Eric Simons recently received $50,000 in new funding and is renting a house in Palo Alto.

Simons ended up at AOL with a $20,000 grant from a business incubator that used AOL's Palo Alto office.

Until recently, I didn't pay much attention to the data that makes up my life—how many steps I take each day or miles I bike each week, how often I update my Facebook stNewImageatus, feel stressed out, or have a drink.

A growing group of people do track this sort of data as part of the "quantified self" movement—everything from mood ratings to exercise routines to sleeping and eating habits. The idea is that this kind of tracking can teach us valuable things about ourselves and help us make better choices. Even if we think we know ourselves, the theory goes, tracking can yield surprises.

Antonio Fatas

When the oil-rich United Arab Emirates (U.A.E.) was proclaimed by Forbes to be the most unfriendly nation in the world for expatriates earlier this year, it sparked such an avalanche of angry responses the business information company was forced to review its listings. But Abdullah Nasser Lootah, secretary general of the Emirates Competitiveness Council (ECC) took the rating as a challenge and says the reaction, from both national and expatriate residents, is a sign the nation is heading in the right direction.

The Forbes listing aside, international reports and indices ranking a nation’s competitiveness and economic achievements are important to small, open economies like the U.A.E. seeking trade and foreign direct investment necessary to achieve scale enough for productivity increases. “For economies with a well-established credibility and brand rankings, this will be meaningless, but for emerging markets they can be a way to introduce or improve the branding of their economy,” says INSEAD Professor of Economics, Antonio Fatas. “Countries and governments cannot ignore them because investors (especially those who are foreign) will partly rely on these rankings as a source of information about a country.”

Crowdfunding

Small business owners aren't excited about a new law that will allow them to raise money by soliciting investors on the Internet, according to a survey made available to The Associated Press.

Only 3 percent of business owners surveyed by Pepperdine University and Dun & Bradstreet Credibility Corp. say the passage in March of a bill known as the JOBS Act increases the likelihood that companies will raise money through a practice known as crowdfunding. Under crowdfunding, companies will be able to use websites that will link them with millions of investors and allow them to each raise up to $1 million a year. The sites won't begin operating until the Securities and Exchange Commission creates regulations to govern crowdfunding, and that's not expected to happen until the end of this year at the earliest.

Human Genome Sciences

Human Genome Sciences Inc, which has rejected a hostile $13-per-share offer from GlaxoSmithKline, has adopted a short-term stockholder rights plan to fend off such unwanted attention.

Rockville-based Human Genome (NASDAQ: HGSI) said in a statement announcing the plan that it had declared a dividend of one share purchase right for each share of the company's common stock held of record at the close of business on May 29.

Patent

The European Union is struggling towards a reform of its complex, costly patent system with unified application process (in most member-states), and steps towards a more efficient court system.

Following its conference on international IP reform May 7 in the US Congress, Science|Business is launching a study of the innovation impact of these changes to provide an overview of the reforms, and begin examining their meaning for industry and academia.

Topics for discussion in our Policy Bridge include:

  • What does this mean for inventors working in Europe? 
  • Are further measures needed to make the current EU Patent "Package" a success? 
  • How can the EU Patent help improve innovation under Horizon 2020?

SBA

The Small Business Administration (SBA) is proposing to amend its regulations governing size and eligibility for the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Specific changes include:

Making it clear that SBA's size determinations apply to both the SBIR and STTR programs Defining the term "domestic business concern" to clear up eligibility questions concerning business ownership Defining the term "portfolio company" because the SBIR/STTR Reauthorization Act uses that term when referring to venture capital-owned companies (VCOCs), hedge funds and private equity firms

Mayo Clinic

A group of medical editors and representatives from pharmaceutical companies has published "Ten Recommendations for Closing the Credibility Gap in Reporting Industry-Sponsored Clinical Research." They acknowledge that "the credibility of industry-sponsored clinical research has suffered in recent years, undercut by reports of selective or biased disclosure of research results, ghostwriting and guest authorship, and inaccurate or incomplete reporting of potential conflicts of interest." Among the recommendations: improve disclosure of authorship contributions and writing assistance, and continue education on best publication practices to end ghostwriting and guest authorship; report adverse event data more transparently and in a more clinically meaningful manner; and transparently report statistical methods used in analysis.

U.S. SENATOR LOOKS TO OPEN INNOVATION TO CREATE CHEAPER HIV/AIDS DRUGS

On Tuesday, a U.S. Senate Subcommittee will hold a hearing on a bill from Vermont Senator Bernie Sanders that would use an Open Innovation prize model to push forward the development of more effective and affordable drugs to treat HIV/AIDS.

The bill S. 1138 would "eliminate legal barriers to generic competition for HIV/AIDS drugs and reward innovation directly, through a $3 billion a year prize fund," according to a statement from the Senator's office.

Secretary Kathleen Sebelius

From the electric light bulb to the Internet, American innovations have made lives better for people in this country and all over the world.

The kind of work we’ve done to advance technology, communication and so many other aspects of people’s lives is about to get a jump start in health care, thanks to today’s announcement of 26 Health Care Innovation Awards. The awards are part of our We Can’t Wait initiative.

“What America does better than anyone else is spark the creativity and imagination of our people," said President Obama during his 2011 State of the Union address, and that’s exactly what the Health Care Innovation Awards aim to do.  These awards provide our most creative minds—whether they’re health care professionals, technology innovators, community-based organizations, patients’ advocacy groups, or others—with the backing they need to build the strong, effective, affordable health care system of the future.  These are 26 unique projects, tailored to the needs of patients by local doctors, hospitals, and other leaders in their communities.

Wainger Group Bernstein Management acquired Patuxent Place, a mixed-use town center with housing, commercial and retail space in Laurel, from Cooper and Cummings.

BioMed Realty Trust of San Diego has announced plans to buy two more Rockville laboratory and office buildings for $26.2 million.

The properties, totaling 106,500 square feet, are part of the Belward Office Park developed by Foulger-Pratt of Rockville. BioMed said it expects the complex to be about 93 percent leased at closing, sometime this quarter.

The buildings — 9900 and 9901 Belward Campus Drive — were completed in 2001 and 2005, respectively. They sit northwest of Interstate 270 near the Shady Grove Life Sciences Center.

READING THE OCEAN: Around 3,500 robotic buoys have been deployed throughout the world's oceans, delivering unprecedented data on temperature, salinity and other measures.

Warmer air allows for more water vapor. So scientists have long predicted that global warming will result in a more intense water cycle—the process by which water evaporates from the oceans, travels through the atmosphere and then falls as rain. Now new measurements of the ocean's salinity prove that prediction—and suggest that global warming strengthens the water cycle even more than anticipated.

"What we found is that regions that are salty in the main are becoming saltier" and areas that boast more rainfall are getting fresher, explains oceanographer Paul Durack of Lawrence Livermore National Laboratory, who led the research to be published in Science on April 27. "It's another independent estimate of how the climate is changing as we pump out CO2."

Asteroid

Meet Amun 3554. Doesn’t look like much, right? Little more than a mile wide, it’s one of the smallest M-class (metal-bearing) asteroids yet discovered. Unless it ever decides to smash into us — a theoretical possibility, but extremely unlikely over the next few centuries — it will continue orbiting the sun, unknown and unmolested.

That is, unless Planetary Resources has its way. Planetary Resources is the asteroid-mining company launched Tuesday in Seattle, with backing from Microsoft and Google billionaires, along with the equally prominent James Cameron and Ross Perot Jr.

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You have no idea how any of the stuff around you gets made. To be truly empowered, should you be able to construct all your possessions from scratch? That’s the vision of the man behind this "open-source capitalism."

Can you live in the modern world, and still make everything you need to survive yourself?

For Marcin Jakubowski, founder of the the nonprofit Open Source Ecology (OSE), it’s not really a choice; it’s the only way. Jakubowski’s answer is the Global Village Construction Set (GVCS), a crowd-sourced manufacturing system for the world to build, more or less at home, all the tools for a modern society.

pigmy shark

Two hormones control bioluminescence in pygmy sharks, according to a study published online today (April 26) in The Journal of Experimental Biology. The sharks, which are about 8 inches in length, likely evolved their glowing stomachs as camouflage from predators. They swim hundreds of meters deep in the ocean while hunting jellyfish closer to the water’s surface. A lighter belly would help them blend into the light shining down on them from above by masking their otherwise obvious silhouette.

sunset

I returned a few days ago from Silicon Valley. It was like a breath of fresh air. I talked to people who were involved in creating companies with hundreds of millions of dollars of value, within a few years after incorporation.

There is a constant stream of new start-ups and projects, an excitement in the air. A recently incorporated company was sold to Google for a billion dollars. And it got me thinking about how entrepreneurship is viewed so differently in Central Europe compared to the United States.

In the United States, in my view it is the Ayn Rand view of entrepreneurship that prevails: entrepreneurs are the ultimate modern heroes of society. They create the wealth and are the engines of development and progress. They are among the most respected members of society – in a place like Silicon Valley, probably the most respected. And as Steve Jobs once famously stated, their objective is to change the world (at least in their own little niche). They often succeed.

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The Web is fantastic when you’re on a website or your mobile phone, but even if we’re not chained to our PC, we’re still stuck staring at a screen. Some startups and DIYers are trying to make it easier for us reach out and touch the Web. They’re bringing the binary interactions of our digital lives into the real world. And this is awesome.

I’m fascinated by projects that enable people to make the Web into a physical reality, such as this Christmas light display for IM status, so when I saw this KickStarter project for reaDIYmate, I was excited. Chris Dixon, the founder of Hunch, tweeted a link to this project, which contains a kit that lets you connect an electronics module to a cardboard-encased mini motor and speaker. You decorate the cardboard however you like, and the end result is an object that takes a specific action when a specific online occurrence happens.

valve

In the last few days, I’ve been writing mainly about bad workplace practices of the 20th Century, such as basing a corporate culture on competitiveness or on public hangings.

Today, let’s look at the other end of the spectrum. What does the workplace of the Creative Economy of the 21st Century look like? An interesting picture emerges from The Valve Handbook for New Employees which has become available on the Internet.

Money

Every year, 15 great tech companies are born, says early-stage investor and matchmaker Naval Ravikant. The trick is to figure out which ones they are.

At the annual meeting this week of the industry’s trade group, the National Venture Capital Association, which was held in Silicon Valley and attended by about 600 people, investors discussed how companies get started, how they’re funded and how they go public. In the last decade, according to one panel, it’s all changed.

With companies so cheap to start because they can take advantage of low-cost Internet resources, Ravikant said there will be more spectacular success stories like Instagram—the two-year-old mobile photo sharing site with 13 employees that raised over $57 million and attracted more than 30 million users before it was acquired by Facebook Inc. this month for $1 billion.

Locks

Recently, someone posted a list of 5,012 websites on a hacker forum that were vulnerable to a SQL injection — the most common method of extracting website data. A quick glance of this list showed that most of the businesses were small. They included health clubs, charities, and even a pet service. Why would hackers waste their time on small companies? For a few reasons.

The cybercrime industry has gone through a bit of an industrial revolution in recent years. Today, swathes of it are largely automated and hacking kits are easy enough to buy. This has improved the efficiency, scalability, and profitability of an average attack. It also allows anyone to be a cyber criminal and any company can be a target.

Stocks

ClearSign Combustion, a Seattle company that is developing technologies to make boilers, furnaces, turbines and other combustion systems more efficient, launched itself into the stock market Wednesday with the smallest local initial public offering in a decade.

An early-stage Seattle company that went public Wednesday with a $12 million stock offering appears to be one of the first, if not the first, in the nation to make use of the new JOBS Act.

ClearSign Combustion, which is developing technologies to make boilers, furnaces, turbines and other combustion systems more efficient, said it would take advantage of a provision in the new law that allows it to delay adopting new or revised accounting standards.

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Taiga Biotechnologies may wipe out blood banks as we know them. The Aurora, Colorado-based startup has developed and licensed stem-cell technologies that can grow an almost limitless supply of red blood cells. If they work (and it’s looking likely) the technologies could be used to provide blood where it's needed the most--ambulances and disaster sites, for instance. Eventually, they could even replace some or all of the 39,000 units of blood transfused into patients every day.

And so far, Taiga has done it without venture capital.

How? The answer lies along Montview Boulevard, an unassuming stretch of Aurora road, with a golf course next door and distant views of the mountains to the west. On Montview’s south side, cranes are building a new Veterans Administration hospital on the 217-acre Anschutz Medical Campus, home to the University of Colorado Cancer Center, University of Colorado Medical School, and other academic and research buildings. On Montview’s north side, cranes are adding to the Fitzsimons Life Sciences District, a 160-acre bioscience park that some call an industry incubator and others call a garage. Literally, Montview is the dividing line between academia and industry, and it’s across this line that Taiga and an increasing cohort of academic researchers with companies strapped to their backs, spend their afternoons.

Slide

Despite all of the futuristic ways there are to land a job, you still have to have a resume--even if nobody cares about it. The people who are in a position to hire you often give your resume about six seconds, or toss it mercilessly through a corporate keyword scanner. But it's still easier than heading to every applicant's personal website or LinkedIn profile, and a resume shows how serious your intent is. So we're all stuck writing documents for people who definitely don't want to read all of them. It's time we started writing them that way. To help you deal with unexcited readers and indifferent machines, we sought advice from experienced resume writers, search-firm owners, human resources pros, and others who deal with these one-or-two-page sales pitches that mean earning a living or not. You'll learn about white space, dumb algorithms, smart shortcuts, and the other tools we must master to get get our foot in the door for an interview. Thanks to all our Facebook fans who offered suggestions for this article.

Winners

Over the weekend, we hosted a fun contest from the Founder Institute, where entrepreneurs posted a one-sentence pitch for their companies. We received more than 450 pitches, of which 421 followed the designated format (“My company, _(insert name of company)_, is developing _(a defined offering)_ to help _(a defined audience)_ _(solve a problem)_ with _(secret sauce)_”).

Now, Adeo Ressi and his team have spent 15 hours to go through all of the entries, and they’ve chosen their winners.

You can see the winning pitches, as well as Ressi’s commentary, below. If you’re a winner or a runner up, use this contact form to claim your prizes (a Founder Institute scholarship and a table at the Founder Showcase for the winner, a VIP pass to the showcase for the runners up). The event will be held in San Francisco’s Mission Bay Conference Center starting from 1pm to 8pm today, which means that it starts in … a little less than four hours. (Why yes, this was incredibly well-planned, why do you ask?) So you probably want to claim your prize now.

Daniel Isenberg is Professor of Management Practice, Babson Global, and founding executive director of the Babson Entrepreneurship Ecosystem Project. His most recent HBR article is How to Start an Entrepreneurial Revolution.

Crowdfunding of equity capital for startups is one of a handful of jewels in the crown of the JOBS Act that swept through the House and Senate in a rare and refreshing show of bipartisanship, and was signed into law by President Obama April 5, 2012. But the crowdfunding jewel is fool's gold, and is inherently incapable of harnessing "people-to-people power" and the "wisdom of crowds" to "democratize access to capital for entrepreneurs" in order to "create wealth and make things happen," as crowdfunding sites publicly proclaim. As a savvy tech entrepreneur told me the other day, "I love crowdfunding: it is cheap money for me. I know it is not good for the investors." That is the problem: crowdfunding will at best be good only for the entrepreneurs and middlemen, paid for by unwitting consumers who simply cannot know enough about the highly risky ventures or the highly complex venture investing process to make informed investment decisions.

header

The Beyond Phase II Conference showcases the SBIR Program’s Phase II awardees’ technologies and provides a forum for commercialization opportunities. The event brings together current SBIR Phase II companies, key technology and acquisition personnel from government and industry to enable the transition of SBIR-funded research and development into products for military, government and private sector commercial markets. This event is the only national SBIR event focusing on transitioning advanced SBIR research and development into commercialization opportunities.

Solar

The EU has placed innovation at the heart of its Europe 2020 strategy for growth and jobs. Information and communication technology companies (ICT) such as Huawei have an important role to play in this strategy by providing new technologies that allow Europe to innovate products, services and business processes.

At a time when the global economy continues to reel from the on-going financial crisis, political and business leaders increasingly look towards innovation as a source of recovery. In Europe, EU-level innovation policy has led to remarkable achievements and improvements in the past but the current realities require new approaches and in order to restart its stagnating economy, Europe desperately needs to innovate by capitalising on its outstanding scientific and technological expertise.

NewImage

The last time I spoke to Eric Dishman, general manager at Intel Health Strategy & Solutions Group, was in 2004. He was embarking on a project to track the lifestyle of early stage Alzheimer’s patients by deploying wireless sensors around their homes. The sensors prompted them to call someone, reminded them to eat their breakfast, or take their medicine. That work led to products that were spun off in 2010 as part of a joint venture between Intel and General Electric into a new company called Care Innovations, where Dishman also serves as director of health policy.

Michael Greeley

Michael Greeley looks at venture investments for the first quarter and seescontraction in his business.

A report from the National Venture Capital Association, Thomson Reuters and PricewaterhouseCoopers released Friday shows venture investing fell 19 percent in the first quarter, compared to the fourth quarter of 2011.

There were 758 deals, which raised $5.8 billion in the fourth quarter, according the NVCA report.

A separate report from Dow Jones VentureSource Friday also showed investment declines. The Dow Jones VentureSource report shows $6.3 billion across 717 deals—18 percent less money and 9 percent fewer deals than in the first quarter of 2011.

HBR

When a consumer product company wants to know how a new product or new marketing campaign will perform, it doesn’t rely solely on traditional market research surveys. It goes to test markets. It’s the right way to discover how the innovation will go over in real market conditions, without the risk of a national or global rollout. It also provides the test bed for optimizing the marketing mix to support the full-scale launch. Actual market experience, veteran marketers will tell you, never quite matches the results of quantitative and qualitative market research reports and what consumers say they will do behind the two-way glass of a focus group facility.

So here’s my question: Why don’t more firms employ the same approach to explore and test newbusiness models?

Anyone can map out new business model ideas on paper. It’s easy to do pro-forma analyses of how a new business model might work. And it’s not much more work to write up a fancy report embellishing on the potential of a hypothetical new business model. But until a business model idea sees the light of day in the real world, it is impossible to know if it will really work.

DOG DAYS: Angela Beer wanted to escape the corporate ladder but is now an entrepreneur because she loves it.

Serial entrepreneur Angela Beer is fussy about who looks after her fur children, otherwise known as her pet dogs. So fussy, she laughs, that she thought the best way to ensure the best care for them was to create her own company and do it her way.

So dog-walking and pet care company Pets & Pats was born in January this year.

In an unregulated, young sector, Beer's aim with the company is to raise the standard of professionalism and safety. Staff are scrupulously hand-picked by Beer and have qualifications in pet care first aid and a long history in animal care.

Although Beer gets a buzz from growing businesses - such as her international gift brand business Hello Dolly - she's not interested in franchising Pets & Pats.

Resignation

You only get one chance at a last impression.

When you've given two weeks notice at your current job, you may think you can lay back and just coast before joining your next employer. Don't. Those last two weeks can be critical to ensuring you leave on good terms with your reputation intact.

Psychological studies suggest that the last impression you leave is more important than your entire body of work. This "recency effect," as it's known, means your last days on the job are critical to forging long term connections with colleagues who could help you later in your career. Current team members could be future employers, clients or references, so it's important to leave them thinking highly of you.

Doctor

Every single person in the world has a health story. As a doctor, my job is to help people edit the story that your health is telling and to treat your story as unique to make you healthier. It’s our signature challenge to become more efficient and accurate editors as digital healthcare begins to scale worldwide, which can create 8 billion health stories.

My own story as an MD — and my interest in Big (Health) Data — started when I was an intern in my hometown at St. Louis City Hospital in 1985. I thought I could make a contribution treating people in the inner city.

NewImage

The value of mental-training games may be speculative, as Dan Hurley writes in his article on the quest to make ourselves smarter, but there is another, easy-to-achieve, scientifically proven way to make yourself smarter. Go for a walk or a swim. For more than a decade, neuroscientists and physiologists have been gathering evidence of the beneficial relationship between exercise and brainpower. But the newest findings make it clear that this isn’t just a relationship; it is the relationship. Using sophisticated technologies to examine the workings of individual neurons — and the makeup of brain matter itself — scientists in just the past few months have discovered that exercise appears to build a brain that resists physical shrinkage and enhance cognitive flexibility. Exercise, the latest neuroscience suggests, does more to bolster thinking than thinking does.

Handshake

Over the last 50 – 100 years, we have seen the establishment and growth of global businesses set up by entrepreneurs. The names of Henry Ford, Howard Schultz (Starbucks), Steve Jobs (Apple), Michael Dell, Jeff Bezos (Amazon), Fred Smith (FedEx), Bill Gates (Microsoft), Annita Roddick (Bodyshop), Mark Zuckerberg (Facebook), Richard Branson (Virgin Group), Narayana Murthy (Infosys), and Sam Walton (Wal-Mart) come easily to mind. What can budding entrepreneurs and new kids-on-the-block learn from these world beaters?

In all these individuals, the willingness to convert a dream to reality was seen. Many people dream of setting up businesses but do not go ahead due to various reasons. Making customers the No. 1 priority in the business was a significant feature of these global entrepreneurs. For example, Sam Walton once said: “Give the people what they want.” and Herb Kelleher (Founder of Southwest Airlines) lived by the credo of “Making customers No. 1.”

JobsAct

Congress is in the business of making laws. Some of those laws prove helpful, while others do not help much at all. The recently enacted (and eagerly anticipated) crowdfunding provisions contained in the Jumpstart Our Business Startups Act (JOBS Act), which was signed into law on April 5, may ultimately fall into the latter category. Congress intended to make it easier for startups to raise investment capital over the internet by allowing companies to accept small investments from a relatively large number of investors. That much was expected in any crowdfunding measure passed by Congress. However, the strings attached to crowdfunding offerings, which in our view will add significant costs to raising any substantial amount of capital, might make these offerings unworkable.

really?

A lot of people in the sales business seem to think that there is a standard expectation of what a “good sales person” is supposed to sound like.  We’ve built up this idea that a “good sales person” is supposed to be relentless, energetic, good at building relationships, always eager to close the deal, and unwilling to take “no” for an answer.

NewImage

A few projects have raised $1 million on Kickstarter, but Pebble has set a new crowdsource funding high.

Pebble is a watch that syncs perfectly with your smart phone. It has about 32,000 backers and it has $4.65 million pledged on Kickstarter. Its goal was $100,000 and there are still 30 days left in its Kickstarter campaign.

Business Incubator

The tech industry has reacted positively to Twitter’s innovative patent agreement, announced earlier this week.

The Innovator’s Patent Agreement, informally referred to as the IPA, is effectively a promise by the company to only use its patents defensively. It also promises that it will “not use the patents from employees’ inventions in offensive litigation without their permission”.

According to The Next Web, big VC companies including Union Square Ventures, Spark Capital and SV Angel have already signed up to the agreement. Startups Yammer and Multizone as well as incubator Tech Stars meanwhile have all publicly backed the project.

loudspeaker

The theme of disrupting higher education was buzzing among hundreds of conference attendees this week at the Education Innovation Summit at Arizona State University. The event offered start-up companies a captive audience for pitching their products. Here’s a small sample of announcements they made:

Altius Education: This company has already gained prominence among educators for its creation of a “transfer college,” which gives students a bridge to a bachelor’s degree by helping them transfer to traditional four-year institutions. And now the chief executive of Altius, Paul Freedman, has bigger plans—he wants to put “the flying car of higher education” in the driveway of every student. The engine, he says, is called Helix, a new tool that seeks to reinvent what learning-management software can do. Altius bills Helix as a “learning environment” that uses personalized narratives to engage students and explain why learning is important. It’s driven by a data-hungry brain, which helps the platform evolve as students use it. As part-technology company and part-educational institution, Mr. Freedman says Altius can do things that software vendors can’t—like letting students adjust their semester schedules based on their learning goals.

NewImage

Despite Solyndra's spectacular collapse, a report issued Tuesday suggests that California's clean-tech industry continues to thrive, soaking up more venture capital in 2011 than it did before the recession.

The annual California Green Innovation Index from public policy group Next 10 tracks the green economy's health, pulling together data on employment, patents and the rising use of renewable power. It tries to show real-world benefits of the state's global warming policies, which have helped make California a magnet for green businesses.

GSK

Human Genome Sciences Inc. said it rejected an unsolicited $2.6 billion offer from GlaxoSmithKline PLC , a longtime research partner. It said the $13-a-share bid "does not reflect the value inherent in HGS."

Glaxo said the offer reflects "full and fair value" for the Rockville, Md., company, representing an 81% premium over the stock's closing price Wednesday of $7.17 on the Nasdaq Stock Market. The shares about doubled on Thursday, rising to $14.17; Glaxo shares were up 32 cents to $46.69 on the New York Stock Exchange.

glass

A startup in Germany has developed a new kind of solar panel made of small, organic molecules deposited on polyester films. The technology is similar to what's used for OLED displays for phones and flat-screen TVs. The panels are flexible, and far lighter than conventional solar panels, yet in some locations—particularly where it's hot or cloudy—they can generate just as much electricity as a conventional solar panel.

Heliatek, based in Dresden, is funded by Bosch, BASF, and others, and has raised 28 million euros so far. The company, which recently started making its panels on a small, proof-of-concept production line, hopes to raise an additional 60 million euros, part of which will be used to build a 75-megawatt factory. This is fairly small for a solar panel factory—at such a small scale, Heliatek's panels will cost more per watt than conventional solar panels, says CEO Thibaud de Séguillon. But in four to five years, by which time Heliatek should reach large-scale production, the cost could drop to around 40 to 50 cents per watt, which would make them competitive with conventional solar panels, he says.

watches

Eric Migicovsky failed to attract interest in his invention from potential investors, but he certainly captured the imagination of the public.

The $3.7-million – as of press time, and counting – that backers have pledged for his Pebble watch on Kickstarter.com in the six days since it was listed has set a record for the crowdfunding site designed to back startups.

NewImage

There are many opinions on the essential elements for innovation. One component is particularly crucial, and one of my favorite quotes on the matter is by Intel co-founder Robert Noyce, who said “Optimism is an essential ingredient for innovation. How else can the individual welcome change over security, adventure, over staying in safe places?” Having lived and worked in various entrepreneurial settings in Silicon Valley since the mid-1970s, I’ve had a pretty good view of the accelerating pace of innovation, and I couldn’t be more optimistic about the opportunities ahead.

Immigration Minister Jason Kenney.

From replacing the entrepreneur program with a startup visa to moving ahead on a proposal to cherry-pick immigrants based on occupation, Immigration Minister Jason Kenney is rolling out a series of initiatives during several stops across Central and Eastern Canada this week.

On Tuesday, Kenney announced in London, Ont., plans to introduce legislation to amend the Immigration and Refugee Protection Act and allow provincial and municipal governments as well as businesses to hand-pick immigrants based on their occupation and whether their skills are needed.

ASUVC

ASU’s Venture Catalyst has announced that Dignity Health Arizona, the parent organization of St. Joseph’s Hospital and Medical Center, has become the first partner in a new entrepreneurial development program called AZ Furnace.

This partnership will open the vault of Dignity Health Arizona technologies and research discoveries to entrepreneurs with the intent that these technologies will form the basis for new high-potential startups. AZ Furnace will offer high-potential startup ventures a package worth more than $50,000 in cash and services. The package includes $25,000 in seed funding, incubation space in the ASU SkySong facility, an intensive six-month mentor-led accelerator program, and several additional support services.

Computer Lab

Slava Rubin, co-founder and CEO of crowdfunding website IndieGoGo, has an ambitious plan to plant the seeds of entrepreneurship in the minds of students: He wants them to launch a new startup every year for ten years in middle school through college.

“The best way for students to become entrepreneurs is through practice and experience,” writes Rubin in his contribution to the #FixYoungAmerica book, to be published in May. “LeBron James became a basketball star because he practiced and played basketball regularly from an early age, not just because he watched Michael Jordan on television.”

Migration

The U.S. Census Bureau just published a new working paper titled, "Historical Migration of the Young, Single, and College Educated: 1965 to 2000." An overview:

The migration rates of the young, single, and college educated have been consistently higher than those of the general population since the late 1960s. The group also has made residential choices that are different from those of the overall population, with the result that some areas have attracted young, single, college-educated migrants despite a net domestic out-migration among the general population. Among the young, those with different marital statuses (single versus married) and levels of educational attainment (college educated versus those without a bachelor’s degree) have demonstrated different migration rates and patterns.

Steve Jobs

Anger is everywhere. Liberals denounce conservatives. Tea Partyers rail against government. Everybody's mad at Kim Kardashian.

But there's another kind of anger. It doesn't tear people down. It's proactive, not reactive. It gets things done. It fuels ideas, changes our thinking, creates something new.

Steve Jobs was famously angry and look what he did. Beethoven was mad at everybody and wrote the world's greatest symphonies. Picasso's outrage at Nazi bombs spurred him to create his masterpiece "Guernica."

Facebook and Instagram

Instagram. It’s understandably on everybody’s mind these days. Clichés abound about, “You know what would be cool? …”

I’ll write soon on my views of why I believe Instagram took off as a social network and what I think comes next. Instagram happens to be one of the few social networks I regularly use along with Twitter. I use it much more frequently than I’ve ever used Facebook and have done so since inception.

cellphone

You can’t succeed in your new startup if you can’t win customers, and the new Internet-empowered customers are tough. They are in control, and they no longer care where or from whom they buy, so here is your chance to win. They do have a specific purchase progression with key milestone moments that determine your win or loss outcome in every transaction.

I agree with the premise in a recent book by the widely respected expert on business growth, Robert H. Bloom’s “The New Experts,” that today’s customers are armed with three lethal weapons – instant access to information about every potential purchase, immense choice, and real-time comparison of competitive prices.

baby

Japan is struggling with its worst-ever nuclear power disaster, following the magnitude-9 earthquake and massive tsunami that struck the country on 11 March. Nature brings you regular updates, analysis and comment on the crisis. Japanese Site

David Brooks

The creative dynamism of American business is astounding and a little terrifying. Over the past five years, amid turmoil and uncertainty, American businesses have shed employees, becoming more efficient and more productive. According to The Wall Street Journal on Monday, the revenue per employee at S.&P. 500 companies increased from $378,000 in 2007 to $420,000 in 2011.

These efficiency gains are boosting the American economy overall and American exports in particular. Two years ago, President Obama promised to double exports over the next five years. The U.S. might actually meet that target. As Tyler Cowen reports in a fantastic article in The American Interest called “What Export-Oriented America Means,” American exports are surging.

Gijs van Wulfen

It is often in the commencement of one’s career that simple mistakes are made. Whether it’s a result of inexperience, blinding enthusiasm or fearlessness doesn’t really matter, as long as the lesson learned serves you, and others, well. Gijs van Wulfen shares a constructive experience from his first innovation position.

My first innovation job after graduating was as a marketer of dried soups, at the Dutch market leader called Honig. We sold around 50 million consumer packages per year. Not bad for a country with only 16 million people. Honig had a market share of more than sixty percent. There was only one problem. The dried soups market was not growing anymore.

money

Venture-capital fundraising in the U.S. plummeted 35% in the first quarter of 2012 – but the industry is hoping investors are just taking a breather before they begin pledging more funds in earnest.

The total pot at the end of the quarter was $4.9 billion raised by 42 separate funds, including ones from Canaan Partners and Bain Capital Ventures. That’s 9% fewer participating funds than the same quarter a year earlier, which raised $7.6 billion.

An iPad may consume many megabytes of data, particularly when streaming movies.

Everyone knows how long a minute is. And your cellphone carrier keeps close tabs on how many you have used this month. Now, in the smartphone era, more people are being forced to think about how many megabytes of data they are using.

But what, exactly, is a megabyte?

If a sampling of pedestrians on the streets of Brooklyn is any guide, most people have only a vague idea. One said a megabyte was “the amount of something we have to use the Internet,” adding, “We should have three or four.”

Worker

The name says it all. If you’ve come here, we mean no offense – there’s just a few career killers that we probably all have been guilty of at one point or another. These concepts definitely apply to interface designers, but if you’ve arrived at this post and you aren’t an interface designer, don’t check out yet – there’s probably a few things here you can apply to whatever field you are working in. Also, realize that these are not the only mistakes you can make. So, with that said, let’s get started.

Mistake #1: Waiting

You’ve done countless hours of studying. You’ve visited hundreds of tutorials and spent hours in classes and conferences. You’ve heard, read, and practiced the best practices, and you know Photoshop shortcuts like the back of your hand. You can quote every line of jQuery, and you could reproduce every Flash site on the FWA. You can type 90 words per minute. You know a lot. So, you’ve made a few interfaces, and you’ve posted your stuff online on Behance, Flickr, or even your own online portfolio. This is the important part, ladies and gentlemen: now what?

Surfer

For the typical land-locked folk, all one needs to learn about surfing can be found on the Wikipedia entry for surfing. The page is filled with a bulleted history, surfing physics, maneuvers, dangers, locations and of course, a photo of the correct way to make the universal surfing Shaka sign with one’s hand.

But for a surf enthusiast, this Wikipedia digital surfing history is far from complete. And any other general web search of the term “surfing” nets more news, less history, delivering dissatisfying results for the true surfing historian – until now.

In November 2011, Matt Warshaw, 51, the published author of 2003‘s The Encyclopedia of Surfing made a digital leap in the name of surfing history.

GWI

Conference: May 7-8, 2012, George Washington University
The Marvin Center, Grand Ballroom
800 21st Street, NW
Washington, DC

Context: Recent technological and methodological advances greatly increase capacities to collect and analyze large volumes of data; widely disseminate these data; and display the results in informative, engaging ways. The data efforts emerging from these advances have the potential to transform understanding of regional economic dynamics and the design and implementation of policies that support competitiveness.

Purpose: The conference’s primary aim is to raise the awareness of economic policymakers, practitioners, and researchers about innovative private and public data sources and tools useful for regional economic development analysis and policy. Its second aim is to offer data-providing organizations the opportunity to interact with and get feedback from users.

ASU

On the heels of a year full of big wins and national accolades, the Edson Student Entrepreneur Initiative launched a campaign to increase awareness of entrepreneurship within the student body at Arizona State University; and it worked. Applications to the Edson program totaled 338, a 35% increase from the 250 applications received in 2011.

“2011 was the best year to date for ASU’s Edson Program”, said Brent Sebold, Venture Manager for Edson. “Several of our student-run companies have won national entrepreneurship awards, placed in the top of international competitions and are generating significant revenues! We wanted to build on that success for the 2012 cohort, so we launched a campaign to widely increase student knowledge of, and interest in applying to, Edson. We couldn’t be more pleased with the result”.

The Edson accelerator offers student teams up to $20,000 in seed funding, office space, mentorship and training to accelerate their venture concepts. More than $1.4 million has been awarded to student teams during the previous six years of the program and more than $200,000 will be granted to the student teams chosen this year. The program is one of the largest privately funded business plan competitions at a U.S. university. The Edson program is run by the ASU Venture Catalyst and is based in ASU SkySong.

Steve Rosenbush

More and more companies are adding chief innovation officers to their leadership teams, but companies with innovation strategies to support their role are much scarcer, according to a new study by Capgemini Consulting.

The Paris-based consulting group and the IESE Business School collaborated on the report, which found that 43% of executives who responded to the survey said their companies have an innovation executive, compared with 33% last year. Yet 58% of those companies said they did not have an innovation strategy. In other words, for many companies the title of chief innovation officer is mostly for show. It’s like a new toy. Company boards feel that they ought to have one. They just aren’t sure what to do with it.

BubbleMotion CEO Tom Clayton in India. Being based in Singapore gives the company easy access to India's huge mobile market.  Read more: http://www.businessinsider.com/bubble-motion-why-this-ceo-moved-his-startup-from-silicon-valley-to-singapore-2012-4?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=SAI%20Select&utm_campaign=SAI%20Select%202012-04-03#ixzz1r04zmwR9

Instead of fighting for talent in Silicon Valley, one entrepreneur decided move to Singapore and set up his social network there.

Bubble Motion is bringing social media to developing countries by allowing customers to send messages on their phones.

The messaging service called Bubbly is a voice version of Twitter. It has gotten good traction in developing countries by getting celebrities onboard -- for instance, it already has Indian stars sending out voice messages out to their fans through the service.

Sahil Lavingia was one of the first employees at Pinterest. He left that behind for his own startup, Gumroad.

Sahil Lavingia is 19 years old. By age 15 he was financially independent — he created 20 apps and made more than $100,000.

During his first semester at USC, Lavingia was contacted by Pinterest's founders. He dropped out of school to become a founding member of the site.

Upward Graph

Nineteen venture-backed companies went public during the first quarter of this year, raising $1.5 billion and reflecting the highest number of such IPOs in Q1 since 2007, according to numbers released today by the National Venture Capital Association (NVCA) and Thomson Reuters.

“Between having a stable stock market and having investors who are becoming more encouraged about the IPO market in general, by the quality of the companies that are registering to go public," says Mark Heesen, NVCA’s president, "there is more optimism today than we’ve had in a long time,” At this point, the rest of the year looks promising for IPOs, he suggests.

Bob Dylan, 1963: Lehrer describes how right-hemisphere operations in Dylan’s brain gave him scope to write a revolutionary song. Photograph: Sony Bmg Music Entertainment

How can brain science explain a state of mind? That depends how you define the state of mind. There is a large difference between explaining, for example, that mirror neurons underpin imitative reflexes and speculating, from there, that mirror neurons are the brain-basis for empathy. What is empathy? You may feel it when Oliver Twist asks for more gruel, though you may not when a banker demands a bonus. There is desire in each case, yet empathy occurs not merely by mirroring the desire. It involves character assessment and social judgment too. Perhaps the banker has risked everything to reduce debt in a third-world country. Perhaps you find the characterisation of Oliver laughably sentimental. To describe the neural correlates of empathy, it is necessary to describe the neural correlates of multiple cognitive and emotional processes, not one.

In some fields Japan is years ahead of the rest of the world. Photograph: Gina Calvi/Alamy

It is a small thing, but it says a lot about the country. At Tokyo's Narita airport, when you take off your shoes at the security screening check, the guard hands you a pair of leather slippers. The message is obvious: this airport cares for your wellbeing and recognises your need.

In Japan, taxi doors swing open automatically; toilet seats are electronically warmed and cleaned; and the extraordinary variety of food is presented exquisitely. There is a passion for satiating every imaginable human want and a joy in embracing the science, technology and innovation that might help deliver just that.

biorefining

Pharmaceuticals have figured that out that if they can't be as innovative or nimble as biotechs, the next best option is to pay for their good ideas with licensing deals and acquisitions.

And what better way to identify those potential deals than to cozy up to the biotechs?

Invite them into your homes

Earlier this year, Johnson & Johnson (NYS: JNJ) opened an incubator within its San Diego campus to house biotech startups. Janssen Labs -- named after one of Johnson & Johnson's drug divisions, Janssen Pharmaceutical -- is a no-strings-attached affair with startups free either to develop the products on their own or partner with Johnson & Johnson or another company.

NewImage

Venture capitalists take note, Latin America’s Internet entrepreneurs are ramping up. A recent panel at SXSW Interactive entitled “Accelerating Killer Latam Startups” featured three digital pioneers and start up investors from the region, each with a roadmap to finding and investing in new companies.

Bedy Yang and her colleagues at 500 Startups, a seed fund and startup accelerator, have organized “Geeks on a Plane,” an invite-only tour of Miami, Säo Paulo, and Buenos Aires May 10-20. Together, they aim to connect startups, investors, and executives within the region to their counterparts in Silicon Valley to exchange ideas, create new networks and explore cross-border opportunities.

Denmark

Denmark's Parliament has passed the most ambitious green economy plan in the world: it will generate 35% of its energy from renewable energy by 2020 and 100% by 2050.

Martin Lidegaard, Denmark's Minister for Climate, Energy and Building says, "Denmark will once again be the global leader in the transition to green energy. This will prepare us for a future with increasing prices for oil and coal. Moreover, it will create some of the jobs that we need so desperately, now and in the coming years."

NewImage

The Technovation Challenge is a program to promote women in technology by giving girls the skills and confidence they need to be successful in computer science and entrepreneurship by developing a mobile phone app prototype, writing a business plan and pitching their idea to a panel of venture capital and technology startup judges.

During the ten-week program girls are supported by high school teachers and female mentors in the technology industry. This spring over 500 girls are participating in programs across the country in the San Francisco, Mountain View, Berkeley, San Jose, Boston, New York City and Los Angeles.

Maura O’Neill

In a brief interview with Maura O’Neill, Chief Innovation Officer and Senior Counselor to the Administrator at the U.S. Agency for International Development (USAID), we discussed the creation of her position, pioneering examples of social innovation, and the role of social entrepreneurship in international development.

Rahim Kanani: How did your position of Chief Innovation Officer for USAID come about, and why is this role so important for the future of the agency?

Maura O’Neill: When Administrator Rajiv Shah became the head of USAID, he appointed the first Chief Innovation Officer because of his focus on identifying ways to drive faster, cost-effective development results that would last.  This is important because former Defense Secretary Gates said it is a lot cheaper to achieve our US Foreign policy objectives to development than having to send our military troops overseas. Innovation can help ensure that our tax payer dollars achieve the best results.

Lottery

Yesterday my father-in-law asked me to buy him $100 in lottery tickets. He is ordinarily the kind of guy who would cite the quip “the lottery is a tax on people who can’t do math,” but these are not ordinary times. On Friday night the Mega Millions multi-state lottery will offer a $500 million jackpot, give or take, by far the highest jackpot ever offered in the history of the known universe. The prize is so high it exceeds the number of possible number combinations on a ticket, which is about 176 million. (In other words, the chance that any particular ticket is a winner is about 176 million to one.) The math seems to imply that a $1 ticket has an expected value of $500 million divided by 176 million, or nearly $3. Yet a closer look at the math reveals that the Mega Millions jackpot is a bad bet no matter how large the prize.

Edwin Land

On February 21, 1947, Edwin Land demonstrated an instant camera and associated film. Called the Land Camera, it was in commercial sale less than two years later. Land’s company Polaroid originally manufactured sixty units of this first camera. Fifty-seven were put up for sale at Boston’s Jordan Marsh department store before the 1948 Christmas holiday. All fifty-seven cameras and all of the film were sold on the first day of demonstrations, greatly surpassing the company’s expectations.

Historians as well as those of us from an older generation will remember Polaroid as a member of the “Nifty Fifty” – a grouping of Dow Jones stocks that sported hefty multiples and, at one point in the ‘70s, the company’s stock sold for more than 90 times earnings (you can see an Economist article on this here). As you may know, the story doesn’t end happily as the original Polaroid filed for bankruptcy in 2001 and, like its one-time rival, the also-bankrupt Eastman Kodak (as reported in The New York Times here), a victim of the rise of digital photography.

Cancer

The Cancer Research and Prevention Institute of Texas (CPRIT) today announced funding in excess of $81 million to support cancer research and commercialization projects in Texas. The 25 newly funded projects bring the total amount of grants by CPRIT since its inception in 2007 to more than $650 million.

This latest round of funding includes $20 million for a Houston-area pre-commercialization center to “incubate” promising oncology-focused technologies, as well as three CPRIT Scholar in Cancer Research awards to attract top investigators in oncology research to Texas. In addition, Cell Medica, a leading company that develops cellular immunotherapies for oncologic applications, will relocate its headquarters from the UK to Texas, bringing with it jobs and plans to establish a manufacturing and distribution facility in the state.

Canada

Canadian entrepreneurs tired of doing business in The Big Smoke have a new opportunity to expand their presence to The Big Apple.

The Canadian Technology Accelerator (CTA) is a New York City-based business booster run by the Canadian Trade Commissioner Service. Its mandate is to help promote technology-based Canadian firms to global markets. It was announced by Minister of International Trade Ed Fast on Feb. 21 with a cohort of six firms. The accelerator is modelled on its namesake in Silicon Valley.

Now it's set to accept applications for the six spots available for the second semester. CTA confirmed with ITBusiness.ca that recruitment for its placements beginning in May will start next week.

Michigan College of Business

The 10th annual National Economic Gardening Conference — an event aimed at growing the businesses of second-stage entrepreneurs — will take place June 12 and 13 in Grand Rapids, with Gov. Rick Snyder serving as keynote speaker.

The Michigan Economic Development Corp. will host the event at the Amway Grand Plaza Hotel as part of the MEDC’s Pure Michigan Business Connect program.

cartoon

The British astrophysicist Arthur S. Eddington once wrote, “No experiment should be believed until it has been confirmed by theory.”

So when a group of physicists going by the acronym Opera announced in September that a batch of the strange subatomic particles known as neutrinos had traveled faster than the speed of light in a 457-mile trip through the earth, the first response among many physicists was to wonder what had gone wrong with the experiment.

The blueprint says new vaccines are needed along with better therapies and diagnostics

A global blueprint on tuberculosis (TB) vaccines that maps out key research and development priorities for the next decade has been published today in a special issue of the journal Tuberculosis.

TB kills around 1.5 million people and infects 9 million others annually. Researchers hope to eliminate the disease by 2050 but, to do so, they say new vaccines will be needed in addition to better therapies and diagnostics.

'Tuberculosis Vaccines: A Strategic Blueprint for Tuberculosis Vaccine Development' builds on conclusions reached at the Second Global Forum on TB Vaccines in Tallinn, Estonia in 2010, which brought together leading experts and stakeholders in TB vaccines.

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When Nuru Energy was named one of seven finalists for the Zayed Future Energy Prizes awarded in Abu Dhabi earlier this year, it had an almost odds-on chance of picking up between US$500,000 and US$1.5 million prize money. A fortune for a non-profit start-up operation with plenty of outgoings but minimal returns.

Nuru Energy, founded by CEO Sameer Hajee (MBA 04D) has won 12 grants, worth more than US$1 million, since launching in Rwanda in 2009. The money has been vital in enabling the company to develop its lighting cubes and a distribution network necessary to fulfil its dream of providing clean, safe, affordable, pedal-powered lighting to the world’s poorest. “The awards have been crucially important to us, primarily because we had an idea that didn’t actually have a business model behind it,” Hajee told Knowledge. “The business had to be developed and nurtured over the course of two years before it became attractive to a commercial financier.”

speaker

Important Thing to Note No. 1: You're not as bad a speaker as you think. "When we have people give talks in shyness groups, they often do much better than they thought they did. There's a tendency to underrate your performance when you're feeling shy," says Dr. Lynne Henderson, director of the Shyness Institute, a nonprofit in Berkeley, Calif., that's dedicated to researching and developing manuals on social anxiety.

Hearing

A recent study from Johns Hopkins University indicates aging baby boomers are unlikely to treat hearing loss as a serious health problem.

The study by Johns Hopkins researchers, Dr. Frank Lin and Dr. Wade Chien, showed that of the estimated 26.7 million Americans age 50 and older with hearing loss, only about one in seven uses a hearing aid.

Lin said major factors leading to this include the cost of hearing devices, failure to receive followup training in their use and simply the fact that many consider hearing loss “inevitable or a minor concern.”

popcorn

Popcorn’s reputation as a snack food that’s actually good for health popped up a few notches today as scientists reported that it contains more of the healthful antioxidant substances called “polyphenols” than fruits and vegetables. They spoke at the 243rd National Meeting & Exposition of the American Chemical Society (ACS), the world’s largest scientific society, being held here this week.

Joe Vinson, Ph.D., a pioneer in analyzing healthful components in chocolate, nuts and other common foods, explained that the polyphenols are more concentrated in popcorn, which averages only about 4 percent water, while polyphenols are diluted in the 90 percent water that makes up many fruits and vegetables.

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They say time moves faster on the internet — and if you’re looking for proof, just ask Marina Treschchova, the CEO of Moscow incubator Fast Lane Ventures. The company, which builds Internet companies focused on the Russian market, only launched in 2010… and yet it celebrated its first major success last month, with the $40 million sale of shoe retailer Sapato.

That’s speedy work.

When I met her in London last week, Treschcova says even the team at Fast Lane — which explicitly targets only ideas that can achieve rapid growth — didn’t expect things to happen quite so quickly. But the deal to sell to Ozon, Russia’s biggest online retailer, was too good to turn down.

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It has been a fascinating week, with seven talks in three days in four cities throughout California. At each stop, as I walked participants through the Outthinker Process, what stuck out for me most--beyond marveling at Red Bull’s unique U.S. headquarters, which is constructed around a giant skateboarding ramp--was how differently the executives from billion-dollar companies and those of entrepreneurial startups saw the world.

Davids and Goliaths naturally operate by different playbooks. If you can understand how these playbooks differ, you can better your chances of winning, no matter what size you are. If you are small and want to take down a bigger player, you want to understand how they think. And if you are big being attacked from below, you want to understand how the entrepreneurs might use your size against you.

massachusetts

The state has announced the launch of a $6 million initiative to help startups commercialize technologies developed under Small Business Innovation Research (SBIR) grants.

The Start program, announced by Gov. Deval Patrick’s administration and the Massachusetts Technology Development Corp. (MTDC), will also provide coaching, business planning and introductions to potential investors, in hopes of increasing job growth in the state.

Life sciences and energy/clean-tech will not be considered under Start, as other Massachusetts programs support them, according to the announcement from MTDC.

Bill

A bittersweet moment in entrepreneurial history recently occurred, with the Senate passage of the JOBS Act. After passing in the House, this 6-pack of small business modernization reforms cleared the Senate. While most things were left intact from the House bill, the crowdfunding component was tweaked to allow for "more investor protections". In my opinion, crowdfunding was the most economically important part of the bill, so it's no surprise that the special interests have dipped their fingers in the mix. Unfortunately, America will pay a price for this in terms of brain-drain. Sound familiar?

In over four years of operation, leading crowdfunding site Indiegogo reports virtually no fraud. U.K. crowdfunding leader Crowdcube (which does allow equity finance) reports no fraud. As is the case for U.S. based peer-to-peer lending site Prosper or AngelList, the popular site for angel investors searching for deal flow from entrepreneurs. Never let the facts get in the way of a good FUD story. If you commit fraud online, your life is over.

handshake

You hear a lot of talk these days about the importance of customer satisfaction, but customer loyalty is the real win. A satisfied customer is necessary, but not sufficient, to be a loyal customer who will come back repeatedly, refer their friends and family to you, and be faithful even when your price is not the lowest. Herein lies an opportunity for startups to beat the big guys.

Not too long ago, everybody thought customer loyalty was dead. Price was everything, and customers would switch suppliers for pennies. I think these tough economic times and social networks have re-awakened consumers to the fact that there is more to a business transaction than price. People are tired of being serviced like a commodity by a faceless computer robot.

Flood

As recent disasters in Louisiana, Japan, and Thailand have shown us, few things are more terrifying than when water engulfs what used to be dry, habitable land. Climate change and its accompanying sea-level rise will force anyone living in a coastal area to confront the realities of flooding. According to a new study from Climate Central, that’s a pretty large group, with 3.7 million people in the U.S. living within three feet of the high-tide line--areas likely to be overwhelmed by sea-level rise. Five million people live less than four feet above the high-tide line.

Who will be hit hardest by rising tides? Climate Central put together an interactive map, dubbed Surging Seas, to let users see what will happen to the land if water levels rise anywhere between one and 10 feet. Note: many--but not all--researchers expect the sea level to rise three feet by 2100.

research

Study Asserts Better Coordination Needed Among Public and Private Stakeholders to Raise Broadband Adoption in U.S.

TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, today marked the two-year anniversary of the delivery of the National Broadband Plan (NBP) by releasing a new study showing that the home broadband adoption rate in the United States remains approximately the same as what it was in 2009 even though smartphone use has risen dramatically.

CNN's Soledad O'Brien (left) hosted an SXSW panel discussion on the aftermath of CNN's Black in America 4 documentary.

Silicon Valley's startup field is dominated by young, mostly white men from a handful of elite universities. NewMe, an accelerator program for minority-led ventures, aims to shake up the scene.

Three months after CNN's Black in America 4 aired, chronicling the stories of NewMe's first class, several of the documentary's participants reconvened at last week's South by Southwest (SXSW) gathering in Austin. In panel discussions and informal chats, they tackled the question: Has anything changed?

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Developing the latest breakthrough drug just doesn’t pay these days as much as creating the hot new web app does.

Private life sciences companies in Silicon Valley that got financing in the fourth quarter of 2011 had an average per-share value that was about 10 percent higher than their previous round of financing, which typically was completed 12-18 months prior, according to an analysis by the law firm Fenwick & West.

water

I naturally encompass innovation as the result of constant knowledge exchanges between technology, the markets, an innovation team, as well as other departments of the firm.

As the bigger you are, the more difficult it is to share active knowledge, how can we set-up a so-called “knowledge creating company” and speed up knowledge exchanges within big companies?

In this speech at Management School, L’Ecole de Paris, I suggest  creating small dedicated and agile structures led by innovation professionals with specific management methods reffered all together as “creative tension“. Then the question becomes: how to insert their work and align with group innovation strategies?

Intern

tate officials and Hub business leaders implored more than 200 representatives from local companies and colleges today to broaden their internship opportunities for students to promote their talents and retain them in the state’s workforce.

“The way to win the future is to make use of our commitments towards the brain power here in the Commonwealth — our students. We have the best talent pool in the world,” said Gov. Deval Patrick at a forum titled “Internships: A Win-Win for Employers, Students and Academic Institutions” this morning at the Federal Reserve Bank of Boston. “We need to encourage our people to stay here or to come back to Massachusetts when they finish school elsewhere. ... We need to work together across the public and private sectors to build and retain talent for the innovation economy of today and also of tomorrow. One of the ways that I’m asking you to do this is through internship programs in your companies.”

money

This week, Senator Mark Udall (D-CO) vowed to introduce his bipartisan Small Business Lending Enhancement Act as an amendment to the Jump-Start Our Business Start-Ups (JOBS) Act. The legislation would raise the business lending cap credit unions currently face.

The most attractive thing about this proposal is that it would help to create jobs without spending any taxpayer money.

cellphone

The United Kingdom’s three largest mobile operators filed an application with the European Commission for approval of a new cashless mobile wallet venture last week, joining a Dutch proposal under consideration by the EU executive against a background of growing international competition.

The EU executive’s decision on the proposed UK joint venture – code-named Project Oscar and owned by Everything Everywhere, Telefónica UK (O2) and Vodafone UK – will be watched carefully by rival companies considering similar ventures.

Consortia in Germany, Sweden, Denmark and Hungary are eager to develop platforms for rolling out mobile wallets.

The Commission is simultaneously still considering an older proposal by a Dutch consortium, called Travik, for its ‘Sixpack’ mobile wallet proposal, which has sustained delays over regulatory issues.

Jobs

Since the economy turned down in 2008, there's been an intense focus on boosting small business as a way to stimulate job growth. Small firms, the logic goes, represent the bulk of companies in the U.S. economy and supply most of the jobs.

But is that true? Do small companies deserve their reputation as job creators? And is helping them the best way to get the economic engine revving once again?

To find out, we turned to four experts in the fields of labor and small business:

• Candida G. Brush, director of Babson College's Arthur M. Blank Center for Entrepreneurship and Franklin W. Olin distinguished professor in entrepreneurship.

BioBeat Logo

Plenty of places in the world are messed up, but Europe has been near the top of the list lately. If all the horrible scenarios play out, this will be the year the euro collapses, the European Union fractures, and some economically advanced countries could go bust.

Yet while the world financial system holds its breath, a few American venture capitalists have suddenly started looking at Europe like it’s the new land of biotech opportunity. Check the headlines from the past few weeks:

—Domain Associates, a top life sciences venture firm in Princeton, NJ and San Diego, struck a deal with Rusnano, a Moscow-based nanotechnology firm owned by the government of the Russian Federation, to invest as much as $760 million in biotech companies in both the U.S. and Russia. Rusnano and Domain said they will work together to transfer technology into Russia, and build up biotech development and manufacturing capabilities.

iphone

On Fridays we have "fun" in my eighth grade keyboarding class, which currently means that I'm introducing my students to the future of technology. I like to show them thought-provoking videos such as those about Google glasses or sixth sense technology to introduce the concept of augmented reality.

This past week as were discussing Google glasses in the computer lab, and a few seniors working in the lab overheard us. One spoke up and said, "Mrs. Vicki, I made a film two years ago about Google glasses. I predicted them."

The Seattle offices of Russell Investments, on five floors inside the former Washington Mutual tower, say goodbye to traditional corporate hierarchy by eliminating private offices for the 1,000 employees. More Photos »

MARTHA CHOE’S ideal working space is not her private office, nice though it is, but rather a long, narrow table in the vast atrium of the Bill & Melinda Gates Foundation headquarters here.

The table, situated in a 33-foot-high open mezzanine, enjoys great swaths of daylight through the atrium’s quarter-acre of glass, and has a stunning view of the Space Needle three blocks away. It’s not private, or quiet, but Ms. Choe has everything she needs stuffed into her laptop, and she finds the space inspirational.

She points out one further attraction: “That’s Nelson Mandela’s shirt on the wall behind the table.”

The 21st-century workplace extols open space, not hierarchy. At the Seattle base of the Bill & Melinda Gates Foundation, hallway extensions offer places for informal meetings or private thought.

HOW do you think most workers would respond if you asked them, “Do you feel more productive now than you did several years ago?” I doubt that the answer would be a resounding yes. In fact, even as workplace technology and processes steadily improve, many professionals feel less productive than ever.

It may seem a paradox, but these very tools are undermining our ability to get work done. They are causing us to become paralyzed by the dizzying number of options that they spawn.

Is there a way out of this quandary? Yes, but it’s not going to come from the usual quarters. To be successful in the new world of work, we need to create a structure for capturing, clarifying and organizing all the forces that assail us; and to ensure time and space for thinking, reflecting and decision making.

Sprinter

The so-called Jobs Act, which steamed through the House earlier this month, has run into crosswinds.

The bill has President Obama’s support and is likely to pass the Senate. But a The New York Times editorial took aim at it, a critical statement from Securities and Exchange Commission Chairman Mary Schapiro argues it will chip away at objective investment analysis, and former SEC chair Arthur Levitt has described it as “investor unfriendly.”

The Council of Institutional Investors called for a re-evaluation. Even the consistently conservative U.S. Chamber of Commerce worries about the provision allowing Wall Street analysts to write research reports prior to a startup’s IPO.

shout

Greg Smith's spectacular departure from Goldman Sachs isn't the first to hit the firm recently. Just a month ago, the firm's global head of corporate communications, Lucas van Praag, decided to step down. His experience must be missed right now.

Very few executives burn their bridges as publicly as Smith—although more than a few have wanted to. It's highly tempting, when you feel as frustrated, disillusioned, and despairing as Smith, to tell everyone where they've gone wrong. The fact is that very few people do it. Some are bound by contractual restraints, some take consulting packages and many others simply fear that, while they might inflict short term damage on their employer, the long term hit will be to their own reputations. It's hard to get new employers to trust you after you've publicly trashed your former firm.

Cell Phones

The controversy over "data throttling" has drawn attention to the way mobile carriers manage their networks: they target heavy users—the ones with unlimited data plans—by slowing down data-transfer speeds after they hit a certain threshold.

But carriers worldwide are also using sophisticated data analysis to give other customers—the ones with high-priced plans—gold-plated customer service to keep them happy, industry players say.

Carriers increasingly have access to huge quantities of data about their users, and they are mining this information for all sorts of insights. This is part of a broader trend across many industries; the practice of collecting and analyzing this information is often referred to as "big data."

Innovation

Innovators like Steve Jobs don't just happen -- they are grown. The question is how? The simple answer is: young minds must be challenged and engaged. Our current system that only requires memorization of facts to pass a test just won't do the job of creating the next Steve Jobs.

Challenging students to create their future is one way to invite young minds to innovate and to engage them in design thinking and entrepreneurship.

We need solutions for achieving global sustainability. What about asking a high school student? This year's Spirit of Innovation Challenge did just that. We had teams from all around the globe -- from the U.S. to the Isle of Man in Britain to Saudi Arabia and Vietnam -- developing ideas for global sustainability. Many teams came from underserved and minority-based regions. This year also marked "the year of the girl," with high numbers of registered female competitors, and many "all-girl" teams. Of our 15 finalist teams, two are comprised entirely of girls and seven teams are co-ed.

 Erin Harrison

There are three main business modes that organizations are following as they harness the capabilities of cloud – optimizers, innovators and disruptors; this is based on a recent study by IBM, which found that recent technology and social media trends have created a “perfect storm” of opportunity for companies to embrace the power of cloud.

More businesses are embracing cloud as a way to reduce the complexity and costs associated with traditional IT approaches, according to the study conducted by the IBM Institute for Business Value, in conjunction with the Economist Intelligence Unit, which surveyed 572 business and technology executives across the globe.

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It has been a whirlwind last few days in the crowd-funding world. For those of you who have not yet tuned in to this, there is legislation afoot, backed by the President and (so far) the House, that would enable, in effect, mini- IPOs as a way to fund startups. Forget everything you know about the rules of equity financing for seed-stage startups.

What’s coming: So long as you raise less than $1M, and individual investors don’t put in more than a small amount (somewhere between $1,000 and $10,000, depending on whose bill you are talking about), then you are A OK to go raise the money. You can do a general solicitation (e.g. Facebook blast). AngelList could be opened up to everyone. Your local paper could publish a list of local businesses looking for capital. This is a game change.

building

Ten or 15 years ago, small companies were seen as innovators and big companies were moving slowly to catch up. But time has altered the picture. Today, big companies are becoming more nimble like entrepreneurial firms. They learned a lesson from the dotcom revolution of the '90s.

Big companies have more staff, so more people can devote themselves to innovation. Many employees at large companies have experience at other large companies. Whether the company encourages employees to brainstorm or hires full-time positions dedicated to innovation, those employees bring their experience with best practices at other companies to their current company.

ABJ

The music, film, tourism and visual arts industries pumps more than $4 billion into the Austin economy and employs nearly 50,000 workers, according to a study revealed Thursday by city officials. The report by Austin-based TXP Inc. shows the creative industries increased by 25 percent between 2005 and 2010 and have accounted for more than $71 million in city tax revenues.

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Every once in a while, the Chinese government likes to reinvent the wheel. Not literally the wheel, but something already invented, which they would prefer not paying royalty fees for. China has a massive nuclear research institute largely dedicated to creating technology to replace what it buys from Areva and Westinghouse. China’s mobile phone providers delayed the roll out of 3G service so that they could launch the locally developed TD-SCDMA system. Other follies include a home-grown DVD codec, and of course AVIC, the state-run airline manufacturer.

It’s easy to scoff at these efforts whenever they pop-up. None of them have produced an internationally competitive product, and literally billions of dollars have gone to waste. We are, to a point, laughing at ourselves though, as these instances a reflection of a fundamental failure of the international patenting system, that has slowed down innovation where we need it the most. International progress developing low-cost medical care, clean energy and bringing consumer goods to the poor has often depended on not only moving goods across borders, but building innovation networks across borders. Something which conflicting and over-burdening patent laws have made progressively more difficult.

YoYo Ma

Creativity can seem like magic. We look at people like Steve Jobs and Bob Dylan, and we conclude that they must possess supernatural powers denied to mere mortals like us, gifts that allow them to imagine what has never existed before. They're "creative types." We're not.

But creativity is not magic, and there's no such thing as a creative type. Creativity is not a trait that we inherit in our genes or a blessing bestowed by the angels. It's a skill. Anyone can learn to be creative and to get better at it. New research is shedding light on what allows people to develop world-changing products and to solve the toughest problems. A surprisingly concrete set of lessons has emerged about what creativity is and how to spark it in ourselves and our work.

CrowdFunding

Congress did something astounding yesterday. They a) passed a bill and b) passed it with nearly full bipartisan support. This miraculous bill, called the JOBS (Jumpstart Our Business Startups) Act, is a series of 6 bills tied together designed to make it easier for startups to gain access to capital. Undoubtedly the most exciting aspect of this act is what it does for crowdfund investing.

Think of it this way: you’re in the center of a room filled with everyone who has ever known you, friended you on Facebook, followed you on Twitter or otherwise interacted with you. You stand in front of all of these people and pitch the crazy, brilliant business idea that you’ve been dreaming of. If these people like your idea, they can invest in your company, benefiting financially if you succeed or losing a few bucks if you fail. As of yesterday, this concept of “crowdfund investing” is legal.

bull

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. This may seem counter-intuitive to technologists, especially in an era when technology seems to be driving the world. Yet the sad truth is that a technology not focused on a real problem is not a business, and will probably fail in the marketplace.

Examples that come to mind include satellite phones, the Segway PT vehicle, hydrogen fueled auto engines, and many more. The issue in these cases was ususally not the technology per se, but the bigger business picture of marketable prices, ease of use, and support infrastructures.

amdays

This is a live blogging of the session “Trends & Innovations in Affiliate Marketplace.” Below is coverage from the session featuring speaker Ali Pasha (pictured left), Product Manager for Google Affiliate Network.

Ali personally believes that 80% of his time needs to be focused on future based innovation . . . what’s the next big thing? Ali believes the three big buckets are Social, Mobile, and Commerce.

Innovation

Executive Chairman of Malta Enterprise Alan Camilleri and Minister of Finance, the Economy and Investment Tonio Fenech addressed a seminar this morning on research and development (R&D) investments in Malta. Mr Camilleri said that prioritising R&D is the key to increasing investments in Malta. For this reason, it is important for Maltese companies to get involved in R&D.

He went on to say that the return of economic growth should not be met with complaceny, but rather that Malta needs to find new niches and opportunities through which it will ensure that all obstacles are overcome.

Sword

Who says you can’t succeed NOW?  The long-held belief that 50% of businesses fail in the first year and 95% fail within the first five years has changed according to more recent statistics published by the Small Business Administration (SBA).

Upward Graph

A college's graduation rate is such a basic consumer fact for would-be students these days that it's difficult to imagine that the federal government didn't even collect the information as recently as the early 1990s.

If not for two former Olympic basketball players who made their way to Congress and wanted college athletes to know about their chances of graduating, we might still be in the dark about how well a college does in graduating the students it enrolls.

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During the past two decades, small businesses provided 60-80% of the net new jobs in the United States economy and were responsible for the commercialization of radical new technologies that are transforming the way we live. The Michigan Master of Entrepreneurship (MsE) gives students the ability to create new technology-focused ventures, either as standalone entities or within established innovative organizations.

This instruction is not available through conventional business or engineering curricula. Most business schools focus on the skill set required in larger, more mature organizations. Most engineering programs do not include market assessment and commercialization skills. The MsE program brings these two cultures together in a novel synthesis that is greater than the sum

 It’s also one that’s almost completely misplaced, said George Lauder, the Henry Bryant Bigelow Professor of Ichthyology.  Experiments conducted in Lauder’s lab, and described in the Feb. 2 issue of The Journal of Experimental Biology, reveal that, while sharks’ sandpaper-like skin does allow the animals to swim faster and more efficiently, the surface of the high-tech swimsuits has no effect when it comes to reducing drag as swimmers move through the water.

For swimmers looking to gain an edge on the competition, the notion that simply donning a different swimsuit – like a Speedo Fastskin II suit, with a surface purportedly designed to mimic by shark skin – can be the difference between first and last place is a powerful one.

Dangerous, but nothing like shark skin It’s also one that’s almost completely misplaced, said George Lauder, the Henry Bryant Bigelow Professor of Ichthyology.

Experiments conducted in Lauder’s lab, and described in the Feb. 2 issue of The Journal of Experimental Biology, reveal that, while sharks’ sandpaper-like skin does allow the animals to swim faster and more efficiently, the surface of the high-tech swimsuits has no effect when it comes to reducing drag as swimmers move through the water.

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During this Sunday's Super Bowl, a record five million viewers are expected to tweet or make other social media comments—not just about the game, but also about the many beer, snack, and car ads that are integral to the annual sports and entertainment ritual.

This activity—up from 900,000 people making Super Bowl posts during last year's game—is now happening at such a vast scale that executives in television, broadcast news, and advertising expect analytics of the comments to start shaping advertising choices—and even the direction of news coverage—in near real-time.

Brain

"A lot of people have been writing about open innovation," says Wharton management professor Felipe Monteiro. A typical example, he adds, is Procter & Gamble's Connect + Develop strategy, which encourages collaboration with outside organizations as a way to bring new products to market faster and more efficiently.

While the P&G approach "has gained a lot of traction," Monteiro notes, it also raises questions about whether, and when, companies should be concerned about protecting their own knowledge. Monteiro's research into this issue has led to a paper titled, "Does Strategic Protection of Knowledge Undermine the Effectiveness of External Knowledge Sourcing?" co-authored with professor Michael Mol from the Warwick Business School, and professor Julian Birkinshaw from the London Business School.

Gerald Barnett

The cornerstone of American invention is the constitutionally protected right of inventors to own their inventions. The advantages of this approach to patents have been demonstrated in university research for the past 100 years. The very earliest faculty-initiated efforts to use the patent system created the idea of the university affiliated research foundation, the National Science Foundation, and the modern university technology transfer office. Now many of those same technology transfer offices are trying to put an end to faculty-led invention management.

Over the past 30 years, inventors’ rights—and initiative—have been greatly diminished in American universities. University administrators have pushed for policies that require faculty, and even students and visitors, to assign rights in their research results to universities.

Doug Collins

“Innovate or die” becomes the order of the day. People in response seek ways to innovate. Of late, many have embraced the practice of collaborative innovation, with its application of social media to sourcing crowds and ideas, and design thinking, with its structured approach to vetting hypotheses about new business opportunities. Having arrived in the organization by different routes, they exist as potential complements. In this article innovation architect Doug Collins explores ways to combine the practices to their mutual benefit.

David E. Williams

How many times have you read about the staggering shortage of nurses? It’s routine to see numbers in the hundreds of thousands tossed around ’representing the seemingly insatiable demand for nurses from an aging population. I’ve always been suspicious of these estimates. First, it’s not how the economy works. We’re not really going to have 260,000 unfilled nursing positions in 2025. Either supply will rise, demand will fall or there will be a substitution of other kinds of labor or capital. Second, these numbers often come from interested parties, usually advocates for higher nurse pay and benefit or people who are running nursing schools and would like them to expand.

So I was struck by an article today that mentioned a glut of nurses, even in places like California that mandate minimum nurse staffing ratios. The situation is blamed on the recession, which depresses demand as hospitals and other nurse employers seek to control budgets, and also increases supply as nurses delay retirement, seek more hours, or return to work when a spouse is laid off. I’m sure there’a lot of truth to this, but if there is really such a big shortage it shouldn’t turn into a glut so quickly.

Business Incubator

One of the channels to encourage the development of successful entrepreneurial ventures is the setting up of business incubators. These are organisations that help entrepreneurs get off the ground through mentoring, funding and facilities and the concept has been around since the 1950s.

In Zimbabwe, however, business incubators have not been a popular phenomenon. Some developments have taken place over the past few years that have seen the emergence of the Harare Institute of Technology as an incubation centre. With the collaboration of the Embassy of India in Zimbabwe, HIT has been involved in the promotion of the incubation concept laying the foundation for entrepreneurial development.

The institution's mandate is for the development, incubation, transfer and commercialisation of technology as well as human capital for greater national industrialisation.

Jay Levy at Zelkova's Manhattan office

Investing in startups is a funny business. Sometimes venture capitalists find themselves with a company that is growing and profitable. But if there is no opportunity for an IPO or acquisition by a bigger competitor, there may not be an exit on the table that allows the VCs to get a return on the money they invested which satisfies the backers who support their fund.

“It’s a broken system in some ways,” says Jay Levy, co-founder and partner at Zelkova Ventures, over a lunch at Five Napkin Burger in Hell’s Kitchen. “The problem is that most funds are structured so that you can’t reinvest gains from an exit.  This can put VCs in a position where their incentives are misaligned across multiple funds. We think allowing returns to be put back to work is the healthiest system for us, our backers and the companies we invest in.” An evergreen fund, Levy believes, allows for success with smaller returns.

Nano gate: A conceptual illustration shows a nanotube positioned between the source and drain of a transistor.

The smallest carbon-nanotube transistor ever made, a nine-nanometer device, performs better than any other transistor has at this size.

For over a decade, researchers have promised that carbon nanotubes, with their superior electrical properties, would make for better transistors at ever-tinier sizes, but that claim hadn't been tested in the lab at these extremes. Researchers at IBM who made the nanotube transistors say this is the first experimental evidence that any material is a viable potential replacement for silicon at a size smaller than 10 nanometers.

Techfellow awards

The TechFellow Awards is different. Rather than just recognizing outstanding innovators, each of its 20 winners receives $100,000 to invest in startups of their choice. Its purpose? To fund the next generation of high-tech entrepreneurship.

Today, Founders Fund, TechCrunch, and New Enterprise Associates (NEA) announce the opening of nominations for the third annual TechFellows Awards. From now until February 17th, visit the new TechFellows website and click “Nominate a TechFellow”. There you can submit the name of a born leader, disruptive visionary, product genius, or engineering wizard who deserves a greater chance to shape the future.

Help

A slow and gloomy economy may be knocking on our doors soon. It may or may not happen, but somehow, it has caused much worry to most of us. Employers may not want to hire at the moment fearing no sales to support the increase in labour costs. On the other hand, employees may scared to lose their jobs or salary cuts.

Accept this Fact; "Nobody Can Help You, Except Yourself." Some people will also start complaining about the many things around them such as the government not helping, or no bonus this year and foreigners ‘snatching’ their potential jobs away.

University of Illinois

According to Market Watch, the University of Illinois has announced the development of a new technology centre designed to promote entrepreneurship, commercialization and computing.

Based at the University of Illinois, the new technology centre will be focusing on creating an environment in which developers can research and develop advances in heterogeneous computing — electronic systems and their individual components such as CPU cores.

The centre is being built via a collaboration of the University of Illinois and AMD. Labeled the ‘AMD Fusion Center of Innovation’, it is expected to fund, tutor and promote commercial enterprises and start-up businesses that focus on heterogeneous computing and new software development.

moneytree

Cash-strapped biotechs. According to a new report, venture capitalists are pouring money into biotechnology, but don’t get too excited just yet. A lot of that is going to late-stage companies working on drugs that were developed years ago. Last year, early-stage biotechs and medical device companies saw the lowest amount of investment activity in 15 years, according to new data.

The State of Healthcare. As the State of the Union address nears, speculation has begun on how President Obama will outline his strategy on healthcare. Last year, he called for a bipartisan collaboration to improve the healthcare reform law. This year, with a Supreme Court ruling looming, battle lines are drawn more sharply.

Innovation Technology

Over the past decade, copyright holders have successfully shut down scores of Web sites and file-sharing services in a quixotic effort to halt the illicit circulation of movies, music and software online. None of it has made a dent in overall levels of piracy, and bills like the Stop Online Piracy Act (SOPA) and Protect Intellectual Property Act are unlikely to fare any better.

Copyright owners already have many mechanisms at their disposal to go after pirate sites. Conscripting search engines, Internet service providers and advertisers as online copyright cops — as these bills propose — may not effectively choke off access to supposed "rogue sites" overseas, but it does threaten innovation by imposing new burdens on U.S. start-ups and scaring investors away from cloud storage services and new platforms for user-generated content. That also makes these laws open to abuse, since any platform that lets creators circumvent industry-controlled distribution channels will inevitably facilitate some copyright infringement. If the companies behind SOPA had their way, the government would have killed off the VCR and the MP3 player as well.

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“WE MUST re-examine long-held assumptions about the global dominance of…American science and technology.” Those dark words come from Subra Suresh, director of America’s National Science Foundation (NSF), an official body. The NSF has just released its biennial report on global investment in science, engineering and technology. It gives warning that America is losing ground fast to Asian rivals, especially China.

The ten largest economies in Asia now spend roughly $400 billion a year on research and development (R&D)—as much as America, and well ahead of Europe’s $300 billion. China’s investment leapt 28% in a year, propelling it past Japan to become the world’s second-biggest spender. “Troubling trends,” declares one of the report’s overseers.

Money

Another accelerator for technology start-up companies is revving up in the Triangle, fueled by a $5.5 million investment led by a California investment group.

The new program, called the Triangle StartUp Factory, will launch in March, according to an announcement about the program made Wednesday. The accelerator will offer funding and mentorship for new software, web and mobile application companies.

The program is offering participating companies $50,000 in start-up capital, in exchange for a 7.5 percent equity stake in each company by the accelerator.

Sabi

To create Sabi, a McKinsey-trained former VC paired with all-star designer Yves Behar. Their process offers lessons about finding a good business opportunity--and a monumental change in American life.

Most entrepreneurs embark down that path with a mix of luck, circumstance, and insight: They’re futzing with some clunky gadget, and then boom! They realize how to fix it. Or they’ve worked so long at something that they simply know how to do it better.

Asaaf Wand, the founder of Sabi, a line of branded, ergonomic wares for the aging which launches today, is a completely different sort of entrepreneur. Rather than intuiting some need out of the ether or working toward his big idea over a decade, he applied a mix of analytics, hustle, and hard work to finding an overlooked business opportunity. Thus, his example is a good argument that, while genius never arrives on demand, methodical discipline can conjure real innovation. In other words, there’s hope for the rest of us who aren’t about to invent the cure for cancer.

Jan Brewer

Gov. Jan Brewer presided over a ribbon-cutting ceremony at the UA’s Science and Technology Park, which marked the re-opening and dedication of the Arizona Center for Innovation, a business support center specializing in technological developments on Wednesday.

“This is an investment that will bring novel technologies to the marketplace, create high-wage jobs and expand and diversify the economy of southern Arizona,” Brewer said.

The center received a $1.5 million state grant in 2010. Since then, the center has redesigned its methods of fostering small-business development. As a member of the National Business Incubation Association, the Arizona Center for Innovation now offers assistance to clients around the clock and provides them with up-to-date digital content. The center has also published a manual for entrepreneurs called “Incubation Workbook: Navigating Innovation from Concept to Commercialization.”

Tom Brady

The deadline for the 2012 TechStars New York spring class is approaching, and it's gearing up to be the best bunch of startups yet.

(TechStars is a competitive three month startup accelerator program. It's in multiple cities with no more than 15 startups per class).

We caught up with managing director David Tisch who told us some of what has been coming through the pipeline.

"We crossed over 1,000 applicants a bit ago, which was way ahead of last year's pace (we didn't do that until the deadline last time)" says Tisch. "I'd imagine we get 1,500 to 2,000 applications this time."

ipads

We all know that we are frail creatures, that life is short and precarious and fraught with risk, and that often its greatest pleasures are the very things that lead us all the more swiftly to our inevitable undoing. I wish I could tell you that our gadgets offered an exception to this rule. Instead, a medical doctor has come along to tell us that our touchscreens are hurting us.

If you do anything enough -- running, jumping, sitting still -- it just winds up hurting you. And it turns out that the same is true for using our beloved touchscreens, per Franklin Tessler, M.D., C.M., writing in InfoWorld.

It’s already been well known that touchscreens positioned upright (that is, perpendicular to the floor -- not in portrait mode) are unpleasant to use. “Touch surfaces don’t want to be vertical,” Steve Jobs once said, but it was hardly a novel idea: designers have always said that having to reach out to press on a vertical screen caused an unpleasantness that was soon dubbed “gorilla arm.”

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I saw Richard Saul Wurman, author of Information Anxiety and founder of TED, speak at the PCMA conference last week in San Diego. Among various topics, Richard Saul Wurman talked about how there is very little real innovation, defined as completely new ideas that have not existed previously. In fact, Wurman characterized most things that pass for innovation as simple improvements over what is already available. He pointed out that even the automobile wasn’t invented; it was aggregated from multiple other inventions, including the steam engine and a horse-drawn carriage.

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Back in the 1950s Austrian-American economist Joseph Schumpeter popularized the term "creative destruction" as a theory of economic evolution, meaning that as an economy ages businesses are continuously destroyed as they outgrow either their usefulness or efficiency, or both, and are then replaced by others.

That’s what happened for many of the businesses taken over by Mitt Romney’s Bain Capital. He streamlined or changed those businesses to make them more efficient and thus more profitable. In the doing, he at times laid off employees of the businesses. In the process, those who criticize his management say, he destroyed jobs.

Notorious outlaw and beloved folk hero during pioneering of American West, Billy the Kid was really just a kid just trying to survive.

Some people have asked me if I really think that entrepreneurship is the solution for the recession and the American economic woes we have right now.

My answer is: IN PART.

New business ventures and startups will create jobs, but I don’t believe entrepreneurship will generate the volumes and kinds of jobs that we need to pull our economy out of this current situation. (See Steve Ratner’s charts from MSNBC’s Morning Joe program about this.) It won’t solve the problem of our out-of-control national debt, but it will help develop a new source of tax revenue and create wealth in our country. It won’t cure the affliction of this new strain of structured unemployment that we seem to have – where people who want to work are not skilled or interested in the job openings that exist. We need a multi-purpose plan to solve this. I know this and have written about it. I don’t pretend to have the solution, but I have some ideas.

VideoConference

If the number of the virtual meetings you're attending is going up, but the quality is going down, it's time to reconsider your approach.

Here's a useful article from Nick Morgan, of the Harvard Business Review, on how to maximize the effectiveness of virtual meetings.

Money

Alright, in my last post I argued that bootstrapping is just as over-rated as raising venture capital. But for those who decide to pursue fundraising, here are some things entrepreneurs should avoid when raising capital.

For all of the talk about how much excess capital there is, it’s actually hard to raise capital because very few projects fit the VC profile—even though many VC-funded projects come across as frivolous, me-too projects.

BioScience

In long days packed with back-to-back meetings last week, Tillman Gerngross pressed drug company leaders from around the world to farm out some specialized research and development to his New Hampshire start-up, Adimab LLC.

Gerngross even bought advertisements promoting his biotech firm on this city’s fabled cable cars to catch executives’ attention as the cars rumbled down Powell Street past the Westin St. Francis hotel, where more than 8,000 life sciences movers and shakers congregated for the 30th annual J.P. Morgan Healthcare Conference.

Science Center Logo

University City Science Center President & CEO Stephen S. Tang, Ph.D., MBA, joined fellow members of the US Commerce Department's Innovation Advisory Board in Washington, DC on Friday, Jan. 6, 2012, as Commerce Secretary John Bryson unveiled a major new report on the economic competitiveness and innovative capacity of the United States.

Dr. Tang was named to the 15-person Innovation Advisory Board (IAB) in May 2011. Over the past nine months, the IAB has advised the Secretary of Commerce, in coordination with the National Economic Council and other federal agencies, on the development of "The Competitiveness and Innovative Capacity of the United States," a study to inform national policies at the heart of U.S. job creation and global competitiveness.

HealthIT

Innovative winners of an HHS public data and cancer challenge have created health IT applications that use public data and existing technology to help patients and health care professionals prevent, detect, diagnose and treat cancer. The two winners presented their submissions during a special symposium today at the Hawaii International Conference on Systems Sciences and were each awarded $20,000 by the Office for the National Coordinator for Health Information Technology (ONC).  The two winning applications include:

Ask Dory! – submitted by Chintan Patel, Ph.D.; Sharib Khan, M.D., M.A., M.P.H.; and Aamir Hussain of Applied Informatics LLC – helps patients find information about clinical trials for cancer and other diseases, integrating data from www.ClinicalTrials.gov and making use of an entropy-based, decision-tree algorithm.  A functional demonstration of the application is available at http://Dory.trialx.com .

inventor

100 years ago in December, an explorer found glory upon the Antarctic continent. One month later, his rival met a bitter, sad end. Yet, both share lessons in the power of innovation built on best practices – and the pitfalls borne of haste and poor planning.

Today, for those looking for rationales behind the need for innovation in pursuit of excellence, the race to the South Pole offers both cautionary tales and textbook examples of success and failure surrounding the innovation process for any business or mission.

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If you’ve made any New Year’s resolutions to get fit in 2012, this detailed infographic from health-content startup Greatist may come in handy on your journey toward a healthier you.

The visual guide is packed with information compiled from Fittit, the fitness section of social news site Reddit where people help each other regarding diet and exercise. Fittit has more than 110,500 subscribers.

powerbutton

Inspired by the success of funds like Kickstarter in the US, the crowdfunding revolution in 2011 broke onto the shores of Europe and for a country like Ireland battling to reinvent itself and fight its way out of recession, the business model has achieved tremendous success in just one year.

I first heard of crowdfunding a year and a half ago when a little known group of software programmers in New York wanted to create a new open social network called Diaspora.

Crowdfunding happens when a new venture puts out a call for support from ordinary people and if it achieves its goal will provide supporters with privileges when the venture goes live. It could be a filmmaker trying to make a movie, a musician trying to record a concept album, or a new web venture trying to get lift off. In the case of Diaspora in just 12 days it raised US$200,000 from 6,000 backers, including Facebook CEO Mark Zuckerberg.

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Maryland showed more signs this year of recovering from the Great Recession, but the road remained bumpy.

The state added about 27,000 jobs from January to November, according to federal figures — the most in that time period since 2005. That 1.1 percent employment growth rate was the same as the national average but higher than in most other regional jurisdictions, including Virginia and Pennsylvania.

The private sector drove the job increase in Maryland as only 400 net government positions were added through November. Bethesda hotel giant Marriott International tacked on some 1,000 jobs in the state in the past year to reach 10,000, while delivery company United Parcel Service beefed up its Maryland work force by 450 to reach 7,260, according to figures from the Maryland Department of Business and Economic Development.

Gov. Dave Heineman

The new year presents the opportunity to reflect upon the important issues that have been addressed during the past year. In 2011, Nebraska has been able to build upon the momentum we were experiencing regarding job creation, education, public safety and growing Nebraska's innovation economy. We are fortunate in Nebraska to be in much better shape than the rest of the country because we don't spend money we don't have. Whether it's the family budget or the business budget, this is a principle that we adhere to. Additionally, we balanced the state budget without raising taxes, our unemployment rate is 4.1% and we are recognized nationally as a top ten business friendly state.

SBA

The U.S. Small Business Administration (SBA) is seeking nominations for awards honoring the critical economic role small businesses play in federally funded research and development through SBA's Small Business Innovation Research and Small Business Technology Transfer programs.

Three awards will be given, one for companies that have participated in the SBIR or STTR programs, one for individuals who advocate on behalf of the programs, and a third "Hall of Fame" award recognizing companies that have an extended period of extraordinary success of research, innovation, and product commercialization within the SBIR or STTR program. The Tibbetts Awards are named after Roland Tibbetts, who was instrumental in developing SBIR, a highly competitive program to ensure small businesses get a chance to compete for federal research and development funding, along with the opportunities it provides to profit from commercialization of the technologies they develop.

Bill

Legislation that would allow companies to raise capital online in increments of up to $10,000 per investor sailed through the House in early November by a 407-17 vote. But the momentum to allow so-called “crowd funding” has slowed considerably in the Senate, as lawmakers mull whether unsophisticated investors are vulnerable when capital formation occurs online.

In the crowd-funding process, an entrepreneur would be able to seek investors by reaching out to friends, family and larger communities through the Internet.

Christmas Balls Globe

The year is almost over and many of us are spending our holidays search our social media accounts for interesting blog posts while watching the snowflakes or, in our case, the raindrops falling. To make this year’s ending even more comfortable for you, we have searched through the web to gather the best Open Innovation posts of this year. Note: we have used search enginges such as Twitter’s Advanced Search, Google Search Blog, Digg Search and Delicous Search to create this list. But most of all, we have used our common sense

Create Employee Networks that Deliver Open Innovation – Sloan Review, MIT

A small number of “idea scouts” and “idea connectors” are disproportionately influential in producing successful open innovation outcomes. Smart companies make sure they are linked. http://bit.ly/rJEkAh

Mark Sharpley

PASADENA - Walk through the door of Pasadena Bioscience Collaborative and visions of pristine work areas bathed in shimmering blue light as depicted on network TV shows quickly dissolve. Because unlike those TV programs, the collaborative is...well, a little funkier.

But make no mistake, the work that goes on here has broad ramifications in both the pharmaceutical and health care industries.

Bruce Blomstrom, the PBC's president, puts it this way:

"We're at a point where the cost of research is very low - but the ideas are very big," he said.

Carol Chyau and Maria So

Carol Chyau and Maria So started social enterprise

Shokay long before the term became a buzzword in recent years. Shokay, which is the Tibetan word for yak, is a lifestyle brand that designs stylish products made from soft yak down. By sourcing from Tibetan herders in Qinghai and employing women in rural areas, it helps promote sustainable income in rural China.

Shokay’s work allows indigenous herders to generate more direct income, preserve local culture, promote sustainable usage of the environment and promote community development work.

Money

Just a decade ago, if you wanted to invest in a startup you had to know someone. A lawyer, an accountant or a friend of friend would give you a referral to a company looking to raise money, or they’d invite you to invest with them. That’s how you got in the door.

You had to have a lot of money to play – often $50,000 or more. And the startups you’d see were from your geographical region. That traditional scenario left a lot of interested angel investors sitting on the sidelines.

Today, it’s a lot easier to become an angel investor, due to crowd funding, micro lending and investment sites like MicroVenture Marketplace Inc., which is opening doors to those looking to invest $1,000 to $20,000 or more.

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The Internet is flooded with thousands of tech articles every day. Buried among all of the breaking news, reblogs, how-tos and product reviews are some great long-form journalism gems. Instead of falling out of favor with today’s short-attention-span-having readers, solid and deeply reported features actually saw a resurgence in 2011, thanks to tools such as Instapaper, smartphones and tablets, and dedicated e-readers.

Here are a few of our favorite tech-related #longreads of 2011. Share your own picks in the comments.

How Digital Detectives Deciphered Stuxnet, the Most Menacing Malware in History

By Kim Zetter, Wired.com

It’s a 2833-word story about malware. It’s also an incredibly gripping, suspenseful and well-crafted piece of journalism tracing the discovery and deciphering of Stuxnet, a virus using zero-day exploits to infiltrate Iran’s nuclear program.

Iowa

Jack Harris, a retired Rockwell Collins executive, will lead the Iowa Innovation Corp. as its president and chief executive, the nonprofit group said Tuesday.

“We were tickled that Jack decided to retire and that he decided to not retire,” said Robert Riley, chief executive of Feed Energy Co., based in Des Moines. The private nonprofit board elected Riley chairman of the group.

Iowa lawmakers created the Iowa Innovation Corp. earlier this year to push development of innovative products and companies. The new nonprofit is the operating arm of the Iowa Innovation Council, a public board focused on developing an “ecosystem” in the state that helps young companies get up and running — from financing to business accelerators and mentoring.

Business People

To find three sales engineers worth hiring last summer, Max Schireson, president of start-up 10gen Inc., interviewed over 100 applicants. He says he would like to hire 20 more next year, but probably will find only 10 that fit the bill at the 80-person database software company....

...

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Intellectual Ventures was founded 10 years ago by a group including Nathan Myhrvold, the brilliant billionaire former chief technology officer of Microsoft, and Edward Jung, the software giant's highly respected chief architect, to create and invest in inventions. Most famous for the vaunting ambition of some of its projects (such the development of a novel design for a traveling-wave nuclear reactor) and the seeming playfulness of other inventions (like a laser that zaps malarial mosquitoes from the sky), the company is, in reality, unlike any other research lab or investor. It is incomparably rich and uniquely avid for patents. It has more than $5 billion in assets under management and a portfolio of more than 35,000 patents, including more than 3,000 it developed itself or with its network of independent inventors. In all, the company has spent $1.5 billion purchasing patents, which have generated more than $2 billion in licensing revenue.

ICF

The event took place in City Hall in downtown Stratford, across the street from the Stratford Institute building, which will be home to the new ICF Institute in 2012.

The City Hall Auditorium was filled with community and business leaders, electronic and print media and special guests, including senior executives from Toshiba’s Japan and USA offices.  They had gathered to learn more about the Institute and to promote an innovative project that will also be underway in 2012.

Shortly after Noon Stratford Mayor Dan Mathieson welcomed the audience and described the work that Stratford had done as one of the world’s designated Intelligent Communities.  He emphasized that Stratford is becoming a place where innovation and beta tests of new digital technologies flourish.  He noted that Toshiba, Research in Motion, and others, have joined Open Text in committing to Stratford for their high-end strategic initiatives.  The mayor noted that it was because it had established itself as a Top Seven community in 2011 and one that was conducive to creativity, innovation and an openness to support R&D, test bed projects and the study of Intelligent Communities.

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Having grown up the son of a World Health Organisation worker in Fiji, Papua New Guinea and the Philippines, Elan Dekel appreciated the impact health services have in remote areas very early in his life. Later, while travelling through Africa and Eastern Europe as product manager for Google, Dekel noticed large gaps in the online services available to remote regions. And he found, specifically in health, people tended to engage much more with online resources that are targeted at them; sites that feel local and that include people who look like them and talk like them. With this in mind, he left Google with a clear picture of where he was heading next. “I went to Google to learn,” Dekel told Knowledge. “Then I saw this big untapped opportunity which is what I decided to go after.”

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Dwolla is an Iowa-based payment network that gets rid of a lot of credit card pain points. In fact, the network doesn't use credit cards at all -- it links right to users' bank accounts and makes sending money as simple as selecting a friend on Facebook.

Every transaction costs $.25 no matter how large, making Dwolla one of the cheapest way to send cash. Transactions under $10 are free.

Dwolla's is undercutting credit card fees and even PayPal. Now, the startup is launching a direct attack against ATMs.

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Innovation never has been the exclusive province of humanity. Bacteria, for example, in partnership with trees and other green plants, can claim a major innovation: photosynthesis. It's an old one, but it's a good one. The plants, with the aid of sunshine, release life-giving oxygen by absorbing the carbon dioxide that oxygen-dependent creatures like us exhale.

Today, CO2 levels in the atmosphere are rising faster than plants can absorb it, thanks to the release of long-buried CO2 through the burning of fossil fuels. The result: a greenhouse effect and unwelcome long-term changes to the planet's climate. An innovation that removes more carbon dioxide from the atmosphere would be nice right about now.

SRI International, a nonprofit innovation powerhouse located in Menlo Park, has not invented such a device but it is testing one. While the device is not elegant in the manner of a redwood tree or a rain forest, SRI's backyard is home to a tree-sized rectangular metallic object that quietly -- and modestly -- absorbs CO2 from the air. It operates on waste heat and does not generate CO2 in the process, traditionally a stubborn problem in green technology.

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You heard constantly about the millennial generation--that they're tech-savvy, and different from everyone that came before. It's not just hype, or vanity on the part of the youngsters: People who are 18-29 right now have markedly different attitudes, beliefs, and mores than any generation preceding them.

This infographic by Online Graduate Programs does a good job of summing up all that data. Let's start with a definition of the generation, and their politics:

Jack Dorsey

"We have everyone you can imagine against us," says Jack Dorsey, the CEO of mobile credit card pay startup Square and cofounder of Twitter. But he is not cowed by fact that his startup is competing against banks with far more money to spend on pushing their products to market. Because by allowing design and engineering to lead his strategic decisions, Dorsey knows that he can out-innovate everyone else.

Woman at Work

I was a bit confused when I read Penelope Trunk’s blog telling me (and others) to stop telling women to do startups. If we get this kind of strong reaction when we support other women, maybe we need to keep talking about why we need female entrepreneurs and why so many women are, in fact, choosing to be entrepreneurs.

I am an expert in few things, but I do know something about sustainable futures and female entrepreneurs. But you don’t have to be an expert to notice that things are not working all that well on the planet. We need a new approach, and--in business--women are the ones most likely to bring a fresh perspective. At SmartGirls Way, we are focused on engaging women in entrepreneurship and creating solutions to the challenges they face.

Bernadeen McLeod

To transfer the speed of products from the lab to the market, Ontario Genomics Institute (OGI) management provides early-stage investment funds up to $100k per project as an investment fund.  The project must involve genomics, proteomics or associated technologies that are or have been key enabling components and be in the validation phase of research. Areas may include laboratory and medical devices, diagnostics, small-molecule strategies for disease therapy, nutraceuticals, crop or livestock trait improvements, environmental management, high-throughput robotics and complementary technologies such as analysis and information technology (i.e. databases).

Clara Shih

Earlier today, we noted that Facebook COO Sheryl Sandberg is stepping down from the Starbucks board of directors next year.

But we kind of gave short shrift to her replacement, Clara Shih, who's the CEO and founder of social network marketing company Hearsay Social.

We won't make that mistake again.

This afternoon, we had a chance to talk to Shih about her new gig and the fast growth of Hearsay, which has grown its customers 6x since launching almost two years ago, has been cash-flow positive for the last year, and recently added former execs from IBM and Netscape to its fast-growing 60-person team.

SBIR Header

The 2012.1 SBIR Solicitation is now open for submit your proposals. DoD 2012.1 SBIR Solicitation Now Open. See below for additional information including links to Particpating DoD Components and information for SITIS and the Topic Search Engine.

Very Important Updates and Information Regarding the SBIR Reauthorization:

WASHINGTON, D.C.- House Small Business Committee Chairman Sam Graves (R-MO) and House Science, Space and Technology Committee Chairman Ralph Hall (R-TX) tonight announced that a deal to reauthorize the SBIR/STTR program, which was set to expire on December 16th, has been agreed upon. Legislation to reauthorize the program will be included as an Amendment to the National Defense Authorization Act (NDAA). Deal On SBIR Reauthorization

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X-ray machines traditionally use bulky power sources to generate rays. However, California startup Tribogenics is betting that a novel method of powering X-ray machines will revolutionize medical care and airport security. The best part? Tribogenics has already developed prototypes that fit in a pocket.

Tribogenics' products rely on a counterintuitive discovery: X-rays are generated when unrolling Scotch tape in a vacuum. In a Nature article, UCLA researchers Carlos Camara, Juan Escobar, Jonathan Hird, and Seth Putterman detailed how Scotch tape can generate surprisingly large amounts of X-rays thanks to visible radiation generated by static electricity between two contacting surfaces. The research encountered challenges thanks to the fact that Scotch tape and generic brand adhesive tapes generated slightly different energy signatures; the composition of Scotch tape adhesive is a closely guarded 3M trade secret. Camara is Tribogenics' chief scientist; the company is headed by Dale Fox, best known for developing the first screen overlay protectors for mobile phones.

cloud tablet

Are you confused by the terms SaaS and cloud computing? In their simplest forms, software as a service (SaaS) is the application, and the cloud is the place where you store the data from that app (and in most cases the application itself). Many of the latest technology announcements have implications for SaaS and cloud development that will serve small businesses everywhere.

Note:  This is not a “predictions” post. I’m simply sharing what I’m seeing in the software marketplace.

handshake

There’s freedom in creativity–that’s why artists live there. They crave it; they feel like they drown without it. In this regard, entrepreneurs are little different — they want  freedom, too.

While discussing the difference between a franchisor and an entrepreneur in “Entrepreneurs Need Not Apply,” Joel Libava says:

“Entrepreneurs generally don’t do well with rules. Instead of following the rules, they tend to make their own.”

Is that true?

As a member of a community of small business owners, I see this creative need to invent and sometimes reinvent from the ground up. We do tend to develop our own rules, particularly if the original ones don’t make sense to us.

12 Days of Christmas

The twelve days of Christmas are the twelve days between Christmas Day, Dec. 25th, the birth of Jesus, and the Epiphany, Jan. 6th, the day Christians celebrate the arrival of the Magi (Wise Men) and the revelation of Christ as the light of the world.

The Christmas song, "The Twelve Days of Christmas" may sound silly and contrived to many of us. B...ut it actually had its origins in religious symbolism - and with a serious purpose.

It dates from a time of religious persecution. The song, "The Twelve Days of Christmas," was written as a kind of secret catechism that could sing in public without fear of arrest - a learning or memory aid to Christians in fact.

Small Business

House and Senate lawmakers have agreed to reauthorize two small business research programs that have proven successful for more than three decades but were facing expiration at the end of the week.

House Small Business Committee Chairman Sam Graves (R-Mo.) on Monday night announced that members of both chambers have struck a deal on a defense bill amendment reauthorizing the Small Business Innovation Research program and the Small Business Technology Transfer program, which require government agencies to set aside a portion of their annual research budgets for contracts and grants to small businesses. Both programs are currently running on a temporary resolution that expires Friday.

Rift

Global companies focused on open innovation can accelerate corporate innovation strategies by partnering with a select set of early stage, disruptive technology providers. The result can accelerate open innovation initiatives to fulfill existing market needs or to access new market opportunities while leveraging intellectual resources from outside your organization.

The benefit to discovering and leveraging disruptive technologies can enable open innovation practitioners to leapfrog competitor strategies and offerings while providing a “time-to-market” advantage in your industry or marketplace.  In addition, the timing for this approach is ideal because the dominant trend and business models now being executed through forward thinking CEOs of disruptive technology providers is to incorporate “your voice”.

NewImageAn Interview with Dr. Martin Harris, the CIO of the Cleveland Clinic

In this exclusive video interview with Booz & Company Partner Ramez Shehadi and Principal Walid Tohme, Dr. Harris discusses how new technologies, from electronic medical records to social media, are empowering patients and ensuring better medical outcomes. "We are delivering care in ways that we've never thought about before."

Watch the Video

Goats

Before you jump to conclusions: no, these were not created by a bored geek in Photoshop. Amazingly, these uncanny animals are actually real: they climb the Argan trees of Morocco in search of food, which is otherwise sparse in the region.

Over time they have become not only able to climb trees but downright adept at the art – the traipse across trees with a sure-footedness that is hard to imagine from a

robot

Marine power promises predictable, reliable, clean energy, and there are also some tempting targets for development. The Pentland Firth, which separates the Orkney Islands from the north coast of Scotland, for example, is estimated to contain 60 gigawatts of energy as the Atlantic Ocean is pushed into the North Sea at high tide. Similarly energetic tides exist in New Zealand, Ireland, and Canada.

Efforts to harness the sea for electricity generation are still in their infancy, though. A wide range of devices and methods have been proposed; many have been tested in controlled conditions, such as marine engineering tanks. A few have even made it as far as sea trials.

2net

Some 133 million Americans suffer from chronic disease, and many would benefit from better home-based monitoring of their condition, but today's home-health medical machines remain mostly unconnected to the doctors who might want to check the data between visits.

A new platform from Qualcomm aims to solve this with a simple box that detects signals from devices from dozens of makers, and dispatches them by cellular connection to a cloud database that can be accessed by medical staff as well as patients.

GIA

Can you teach people how to innovate? Is it possible to develop a training process and curriculum that could be used universally? And if you can, what would a global innovation academy look like? It would have to offer training modules and sessions on innovation and how to accomplish it and manage it, but also go well beyond that and offer a platform where people can share their experiences and insights. It would need to bring the wisdom of leading social innovation practitioners from around the world together with the knowledge, methods and evidence of innovations that have been developed, are being tested, and that have found to be successful in different parts of the world. And this process, like innovation itself, would need to be a continuous one, where information is shared throughout the project.

The Young Foundation has developed just such a new, pioneering initiative called the Global Innovation Academy, in partnership with the Rockefeller Foundation, NESTA and other organizations from the social innovation field around the world. This came about in response to many requests and calls from public servants, NGOs, foundations and businesses around the world who wanted better access to practical, useful skills in managing innovation.

Ortmans

It was an active week for encouraging more startups in the nation’s capital. Take Thursday, December 8th. While I participated in a morning panel discussion on Capitol Hill with U.S. Senator Mary Landrieu (D-LA) and others, U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) introduced the bipartisan Startup Act, the White House announced that the Obama administration had committed $2 billion in public and private resources to support job-creating startups, and Startup America Partnership board members—at the White House for their first official board meeting—outlined commitments from more than 50 private-sector partners that amount to over $1 billion over the next three years.

The White House announcement of collaborative measures to facilitate business growth focused on entrepreneurship education with organizations like Junior Achievement, the National Association for Community College Entrepreneurship (NACCE) and the Network for Teaching Entrepreneurship (NFTE), and their private sector partners. Two specific examples from NFTE include a partnership with the Pearson Foundation to launch Connect, a free online community for teacher collaboration and training focused on entrepreneurship education, as well as a partnership with SuperCamp/Quantum Learning Network to make its BizCamps widely available to young people across the country.

water

As a business owner, I’m always looking at how to structure relationships. I’ve joked that a sense of humor is our main concern when evaluating new clients at Karten Design. But when I really think about it, compatibility and the ability to have fun with your clients is a serious matter.

Recently, the composer Michael Giacchino shared his creative process with our studio. This guy has won Oscars and Emmys; he’s composed music for popular TV series like Lost and blockbuster movies like Up. The possibilities for such a successful composer are nearly limitless. But when I asked him what he would like to do next, his answer surprised me: “I just want to work with my friends.”

Technology

Ottawa-based Canadian Advanced Technology Alliance (CATAAlliance) released its White Paper with the objective of spurring an eco-system that encourages Canadians to lead as "creators, innovators and adapters of next generation technologies".

According to CATA CEO, John Reid, "The White Paper is an integral part of the Alliance's Innovation Nation Campaign, with a core goal of creating an eco-system that does not put a drag on innovation; one that encourages Canadians to lead."

Classroom

He might have been content simply to teach thousands of university students in Uganda how to use computers, assemble them into networks, manage them and write basic software programs. In a poor African country with one of the world’s fastest-growing populations and rising Internet use, that alone would have been an enormous achievement.

But Venansius Baryamureeba had bigger ideas. In 2005, when he returned home with a doctorate from the University of Bergen in Norway, he was just one of a handful of computer scientists in Uganda. And his timing was right. The largely agricultural economy had been growing by about 7 percent annually, propelling an enormous expansion of the upper middle class and the urban elite’s aspirations for advanced training in science and engineering.

Dharmendra S. Modha

Ever since the early days of modern computing in the 1940s, the biological metaphor has been irresistible. The first computers — room-size behemoths — were referred to as “giant brains” or “electronic brains,” in headlines and everyday speech. As computers improved and became capable of some tasks familiar to humans, like playing chess, the term used was “artificial intelligence.” DNA, it is said, is the original software. Related

Power in Numbers: China Aims for High-Tech Primacy (December 6, 2011) Vast and Fertile Ground in Africa for Science to Take Root (December 6, 2011) With a Leaner Model, Start-Ups Reach Further Afield (December 6, 2011) A Conversation With George Dyson: Looking Backward to Put New Technologies in Focus (December 6, 2011) A High-Stakes Search Continues for Silicon’s Successor (December 6, 2011) Out of a Writer’s Imagination Came an Interactive World (December 6, 2011) RSS Feed

Get Science News From The New York Times » For the most part, the biological metaphor has long been just that — a simplifying analogy rather than a blueprint for how to do computing. Engineering, not biology, guided the pursuit of artificial intelligence. As Frederick Jelinek, a pioneer in speech recognition, put it, “airplanes don’t flap their wings.”

NewImage

Name: JolieBox

Quick Pitch: Get four to six sample-sized cosmetics products delivered to your door each month.

Genius Idea: JolieBox, which shamelessly pitches itself as the “French equivalent of Birchbox,” is quickly advancing into additional European markets. On Friday, the startup acquired Boudoir Privé — the “UK equivalent of Birchbox” if you will. Boudoir Privé’s existing team will become JolieBox UK.

Like Birchbox, JolieBox delivers a “Beauty Box” containing cosmetics products from high-end manufacturers for €13 ($17.42) per month. (Birchbox’s costs $10 per month for four to five samples.) Samples range from moisturizers and fragrances to hair conditioner and makeup. Lancôme, Laura Mercier and L’Occitane are among the more than 30 brands which have participated in the service.

Portugal

FOR years, Porto’s motto was, in essence, “You’ve tried the wine; now try the city!” But these days Portugal’s second-largest metropolis — an attractively faded hillside city of venerable town houses and Baroque churches — no longer needs to coast on the reputation of its famous digestif. A jam-packed new night-life district is taking shape, and a blossoming creative scene features everything from an upstart design center to the avant-garde Rem Koolhaas-designed Casa de Música, a stunning concert space. And there’s great news for oenophiles as well. With the Douro region’s emergence as a hotbed of prize-winning red wines — not just port — Porto (also known as Oporto) can now intoxicate you with myriad vintages, new ambitious restaurants and even wine-themed hotels.

BioScience

A coalition of Maryland biotechs, universities and Montgomery County officials have committed $1.25 million in a bid to aid a fragmented life sciences sector. The group also is hiring a CEO and taking space in county offices.

Officials been quietly laying the groundwork for BioHealth Innovation Inc. since 2009 and are preparing to publicly announce it by the end of the year as an intermediary that will try to boost tech transfer, increase bio investment and facilitate hiring.

GEW

Starting today, in 123 countries around the world, millions of current and aspiring entrepreneurs will kick off the third-annual Global Entrepreneurship Week (GEW) 2011, Nov. 14-20. More than 25,000 partner organizations will host 40,000 events in a week-long celebration that will drive awareness and adoption for the world's key economic driver -- entrepreneurship.

"For one week each November, students, educators, entrepreneurs, business leaders, and government officials come together to pursue one cause -- to spread the power of entrepreneurship," said Carl Schramm, president and CEO of the Ewing Marion Kauffman Foundation. "It's during this time that we celebrate the innovators who bring ideas to life, drive economic growth, and expand human welfare."

An initiative of the Kauffman Foundation, the world's largest foundation dedicated to entrepreneurship, GEW connects people through activities that create a platform to foster an entrepreneurial ecosystem. There are no requirements to take part. Anyone, anywhere can participate in wide-ranging activities that include virtual and face-to-face events, competitions, and intimate networking gatherings.

NewImage

You could feel Herman Cain’s presence last week on the biotech beat. And there was a lot of grousing about it.

Cain, the Republican presidential candidate known for his simple 9-9-9 tax plan and some dubious extra-curricular activities, didn’t attend the Personalized Medicine Conference at Harvard Medical School. But a former advisor to President Obama, Ezekiel Emanuel, was there channeling his inner Cain, delivering a simple, blunt message to top biomedical researchers, business executives, and investors.

The word from Emanuel, the University of Pennsylvania bioethicist and player in the landmark healthcare reform law of 2010, boiled down to this: Personalized medicine is a lot of hype, it will add costs to the healthcare system, and we can’t afford it. What personalized medicine ought to offer, he said, is a “1-100-0″ plan. That means treatments that are truly tailored for a single individual; almost 100 percent effective; and have almost zero side effects.

Patent

Who should attend:

This webinar is designed for technology transfer professionals with responsibility for patent procurement, patent licensing, startup development based on patents, and those managing technology transfer office dealings with investigators

Patent reform has been on the horizon for at least six years, yet never seemed to come to fruition... until now. The Leahy-Smith America Invents Act (AIA), signed into law on Sept. 16, 2011, makes sweeping changes to U.S. patent law and practice, including moving the United States towards a first-to-file system, redefining what constitutes prior art, expanding prior user rights as a defense to infringement, adding new options for challenging patents, revamping administrative proceedings at the USPTO, and modifying the USPTO fee structure. What do the new provisions say, and when do they actually take effect? AUTM, along with its higher education association partners, has been on the front lines of the reform debate.

Money

In case you were losing sleep about it, don't worry—venture capitalists are still seeing healthy returns on startup exits despite the doom-and-gloom we've heard about the industry lately, according to new data out this week from the National Venture Capital Association.

And where are they making the most money? By flipping early-stage companies. I say "flipping" because the returns are highest on early-stage companies that exit within a year, according to the NVCA's data, which uses the Cambridge Associates Venture Capital Index to track performance.

testtube

Many trace the origins of nanomedicine to a talk Richard Feynman gave at Caltech in 1959—There’s Plenty of Room at the Bottom. During the lecture, Feynman proposed the idea of chemical manipulation at the atomic level and suggested that patients might one day “swallow the surgeon” in the form of tiny machines. Some 50 years later, researchers are still working to realize these dreams, but Feynman would no doubt be impressed by the list of nanomedicine applications being developed today. Nanomaterials have made their way into drug-delivery systems and diagnostics, and are quickly becoming essential basic research tools.

NBIA

The Summit for Advanced Incubation Professionals is an event specifically designed for NBIA members who have been in incubation for several years. The purpose of the event is to provide a gathering place for experienced incubator managers to share lessons learned and ideas for advancing the industry. Past summit participants have said the reason they attend the summit is to take home new ideas to try in their incubation programs. Whether it’s a new strategy for incubator sustainability, a technique for coaching clients or a tip for cutting expenses related to facilities management, there is something for everyone.

Check

Mumbai: Seed stage has become the new battle ground for investors. Relatively large venture capital investors are focussing their attention to small investments as at least seven new firms seek to build a business out of funding early-stage companies.

Competition in the space is intense, but deal-making activity has been robust. Seed-stage deals nearly tripled in the first 10 months of the year compared with the corresponding period of last year. Until 20 October, 24 seed-stage investments worth $12.6 million (around Rs. 63 crore) took place, up from nine such deal worth $2.8 million in the same period the previous year, according to VCCEdge, which tracks venture capital and private equity transactions.

Help

I have been on the ground floor of three startups, and the number-one position that I often suggest small business owners fill as soon as possible is a highly skilled assistant who is passionate about their business. You can’t do everything by yourself. And before you hire your entire family, consider death.  If every position in your business is filled by somebody in your family, then what happens when Grandma dies and the entire clan needs to disappear and recover for a few days? Life happens.

You can call a temp service, but in the final analysis that’s nothing more than a glorified answering machine. They won’t have time to learn your business and will be left taking messages, not solving problems.

Chart

Everyone wants to be innovative; most fail!

In fact, I can’t remember when any organization last came to IMD and pronounced themselves as being  innovation indifferent; yet, the sad truth is that while everyone dreams of becoming Apple, most linger in the same innovation-lite purgatories that we associate with today’s RIM, Kodak, even Sony, and countless other organizations who despite their best efforts and historical legacy are no longer distinguished by the successful commercialization of great ideas. Clearly, such organizations are not the victims of aspirational failure; they all aspire to be innovative! The problem must be somewhere else; perhaps their organizational culture?

LightBulb

Innovation and research are high on the European agenda. But innovation needs more than just research to help Europe move forward. This was the main message of the third edition of the European Innovation Summit, held from 10 to 13 October. The event, whose motto was 'Towards a European Innovation Ecosystem', was split in two parts: in the European Parliament in Brussels, Belgium and as a ministerial conference and one of four flagship Polish Presidency events in Warsaw, Poland.

Addressing the conference members via video, European Parliament President Jerzy Buzek said: 'Innovation is the way out of the current economic crisis. We await the outcomes of the summit with great hope.' The outcome of the conference sessions that brought together over 100 expert panellists from Europe and abroad will be presented at the European Commission event 'Innovation Convention' on 6 December.

Groupon Logo

Groupon co-founder and CEO Andrew Mason may need to wait a little while longer before joining the billionaire-on-paper club.

The daily-deal company’s investment bankers finally estimated the terms of its much-anticipated initial public offering, giving us a first look at the worth of each shareholder’s stake.

Groupon now plans to offer 30 million shares at $16 to $18, which at the upper end would net the company $540 million in proceeds. It also values the company at up to $11.4 billion, well below the $20 billion to $30 billion valuation expectations tossed around earlier this year.

Video

Technically, the Missouri General Assembly remains in special session. But practically, it's all over.

The Missouri House decided Thursday to keep the dim hopes alive of reaching compromise on economic development legislation by voting to go to conference with the Senate.

But since the Senate voted Monday to decline any negotiations, no talks are expected.

CBI

The UK has an excellent innovation ecosystem with strengths from the university side, where we have 14 of world's top 50 universities, through to world-leading R&D-led industries such as pharmaceuticals, aerospace and defence.

But innovation activity goes much wider than that to create an ecosystem that has real strength in depth. In many respects, the UK is leading the way on open innovation and collaboration with businesses focusing as much, or more, on design and other intangible aspects of innovation as on research and development. Our creative industries sectors, for example, operate at the forefront of fashion, music, computer games, video special effects and architecture.

Economic Gardening

Five companies have signed onto a pilot program sponsored by the Hampton Roads Partnership known as economic gardening.

This is an economic development term used to describe how localities and regions are promoting high-growth local companies. Traditional economic development, by contrast, is known as economic hunting and includes recruiting outside companies and investment.

The five companies are based in Hampton, Poquoson and Virginia Beach.

The National Center for Economic Gardening at the Edward Lowe Foundation based in Cassopolis, Mich., will provide technical assistance, such as research and marketing for each one of the companies.

Companies considered for economic gardening must have 10 to 99 employees and $1 million to $50 million in revenues.

Medical

Last year, the United States spent $95 billion on medical devices, nearly half of the $200 billion spent on devices worldwide.1 Our investment in devices has yielded impressive gains in length and quality of life from products such as implantable cardioverter–defibrillators, pacemakers, and artificial joints (cardiovascular and orthopedic devices account for more than 35% of the market1). Roughly 10 million Americans have symptomatic knee osteoarthritis,2 a leading cause of disability and the most common indication for total knee arthroplasty. More than 600,000 total knee arthroplasty procedures are performed annually in the United States; 85% of recipients report functional improvement, and the annual failure rate is 0.5 to 1.6%.3 Inspired by these successes, medical device innovation continues. Each year for the past decade, the Food and Drug Administration (FDA) has approved more than 35 new systems or components for total knee arthroplasty. Most are designed to improve durability, and their manufacturers cite laboratory studies showing reductions in wear. Advertising campaigns promote innovative implants for younger, more physically active patients, expanding the market for knee arthroplasty.

Kevin McKinnon

FARGO – Less than a year into his stint as president of the Greater Fargo Moorhead Economic Development Corp., Kevin McKinnon is leaving for the job he held before being selected.

McKinnon will leave the Fargo-Moorhead area on Dec. 2 to return to his position as the Minnesota Department of Em­ploy­ment and Economic De­vel­opment business de­vel­op­ment director.

McKinnon started at the GFMEDC on Oct. 25, 2010, after a lengthy candidate search by the organization’s board.

Entrepreneurs

What should the world's leading nations do to incentivize entrepreneurs, create jobs, and strengthen their economies? The Ernst & Young report, Entrepreneurs speak out: a call for action to G20 governments, released ahead of the G20 Young Entrepreneurs Summit (G20 YES) in France later this month, examines the policies and actions that can most quickly advance a global economic recovery.

The report, based on a survey of 1,000 entrepreneurs across the G20 countries, highlights that with economic growth slowing post-recession, there has been a significant decline in new job creation. The job drought's most pronounced impact is on young people, whose delayed earnings growth may affect their personal expenditures and the health of national economies for years.

NYSEChart

At first glance, the energy market of late can look like a danger zone. Both the NYSE Energy Sector Index (^NYE) and the WilderHill New Energy Global Innovation Index (^NEX) have fallen further than the Dow over the last six months.

The Dow has shed about 6% in that time as volatility has reigned. The Energy Sector Index fell about 15% while the New Energy Index fell more than 35%. That doesn't really foster confidence. But the truth is energy shares — almost across the board — are currently trading at a discount.

Venture Capitalist

FORTUNE -- Venture capitalists are still investing lots of money, according to third quarter data from the National Venture Capital Association, but there are signs they are getting a little more risk averse, cutting back steeply on seed deals and pursuing bigger investments.

For the third quarter, VCs invested $6.95 billion in 876 deals, down from $7.88 billion and 1,015 deals the previous quarter, according to the MoneyTree Report from the NVCA and PricewaterhouseCoopers. (Here's a direct download of the report via the NVCA site).

Still, that level of VC investment made for the second-best quarter over the past three years, back to just before the financial crisis erupted in October 2008. The activity level is still pretty good, considering the wild August in the stock market and the fact VCs will only raise about $15 billion in new money for 2011.

Mucker Lan

MuckerLab, a new startup accelerator and member of the TechStars Network, is launching today in L.A. The three-month program will provide its selected startups with $21,000 in seed funding, plus the typical incubator benefits like shared office space, legal assistance, infrastructure and hosting, and, of course, mentorship from a network of advisors.

The program has two full-time founders, Erik Rannala, formerly of Harrison Metal, and William Hsu, who most recently served as Chief Product Officer at AT&T Interactive. There are also two part-time founders, HauteLook’s Greg Bettinelli and Happiness Engines founder Yan-David Erlich. Collectively, the group has founded, operated, and helped scale many of the most successful Internet companies including eBay, Google, Green Dot, HauteLook, LinkedIn, Live Nation, AT&T, StubHub and TripAdvisor.

Tree

Venture Capital deals in the third quarter of 2011 dropped 12 percent in dollars invested compared to last quarter. Clean technology and life sciences industries were particularly hard hit, according to a report released today by PricewaterhouseCoopers and the National Venture Capital Association.

“Public policy challenges in the life sciences and clean technology sectors are impacting investment levels this quarter as is the IPO market that basically came to a screeching halt in August,” explained National Venture Capital Association president Mark Heesen in a statement.

iphone

Much in the way that fax machines, Fed Ex, and home computers changed residential living several decades ago, portable technology is now changing how we spend our time when moving from place to place. To better understand traveler behavior in the digital age, our DePaul University team has been tracking how passengers on intercity trips engage with technology. We’ve compiled data using (ironically) hand-held electronic devices on 112 air, bus and rail departures encompassing 18,000 passengers.

Technology usage rose sharply among travelers on all modes of transportation between late 2009 and the beginning of this year. The percentage of passengers using technology at randomly selected points rose to 43 percent on curbside buses and 36 percent on conventional Amtrak trains. Airlines and Greyhound buses also saw sharp increases in tech usage. And almost 90% of passengers today use a portable digital-communication device at some point during their trip. Travelers have increasingly switched from simple audio devices to complex “visual” devices with LCD screens that can’t be effectively used behind the wheel when driving.

Caenorhabditis elegans

How long we live may be a function not only of our genetics and the environment, but of our ancestors’ epigenetics as well, a study published today (October 19) in Nature suggests. The researchers found that epigenetic modifications that extended lifespan in worms can be passed down across multiple generations.

Transgenerational epigenetic inheritance has been reported for a variety of traits across a number of species—the color of flowers in plants, eye color in Drosophila, and fur color in mice are all known to be epigenetically inherited, for example. But “this is the first time this has been linked to longevity,” said molecular geneticist William Kelly, who researches chromatin organization and germline maintenance at Emory University but who was not involved in the study.

Baby

Life as an entrepreneur can be hectic and risky, but what is it like for the family? The Globe and Mail takes a look at the experience Dave Cole has had while his wife has worked to build up her business.

But at home, he’s been centre stage, facing one challenge after another.

For starters, there was tightening the family belt while waiting for that first elusive paycheque. That meant cutting back on RRSP contributions, getting used to eating in, and even stocking up on dry goods on sale.

Phone

In Hong Kong today, Google and Samsung introduced a new smart phone and operating system that could represent a potential rival for Apple's new iPhone 4S.

Samsung's Galaxy Nexus, which will go on sale next month, will be the most advanced smart phone from the Korean giant. It will also be the first phone to run Google's latest operating system, Android 4.0, also known as "Ice Cream Sandwich," following alphabetically from the earlier Gingerbread and Honeycomb.

Stocks

Until volatility in the market decreases, and confidence returns, the initial public offering window will not meaningfully reopen. When it does, a large number of companies will be competing for the attention of institutional investors. Data from Dealogic shows that the current IPO backlog — 144 deals, valued at $28.3 billion — is the highest year-to-date backlog since 2007. The opportunity to complete a successful IPO will, therefore, continue to be selective, and limited to the very best companies.

CFOs must prepare to fund companies for a longer time before an IPO. Research from SVB Analytics, a nonbank affiliate of Silicon Valley Bank, shows the time required for a venture-backed technology company to reach a successful exit is longer: the median time is now more than five years for software companies, and a significant number of hardware companies with successful exits in 2010 received their first institutional money in 2000 or earlier. Clearly, management teams and boards must consider alternative financing methods.

NewImage

Attendance at this year’s Health Care Social Media Summit, which kicked off Monday and continues through Wednesday at Mayo Clinic in Rochester, Minnesota, has more than doubled from last year. And many of the summit’s 375 attendees have been keeping the Twitter stream #mayoregan flowing with something like 100 tweets an hour today.

That’s because more healthcare organizations are taking notice of what others are doing with social media and seeing the need to collaborate on new ways to implement social media throughout the healthcare system, according to the director of the Mayo Clinic Center for Social Media, Lee Aase.

Standord Tree

Stanford University now knows it has formidable competition for establishing a New York City-supported science and technology innovation hub, with Tuesday's startling announcement that top rivals -- Cornell University and Technion-Israel Institute of Technology -- have joined forces.

Cornell, the Ithaca, N.Y.-based Ivy League powerhouse, already has deep connections to New York with a network of 50,000 alumni and a New York City-based medical school.

Technion-Israel, the driving force behind Israel's technology economy, is a world leader in computer science, engineering and "technology transfer," where academic discoveries get commercialized.

NewImage

Venture capitalist Ben Horowitz argues startup founders should also be the CEOs of their companies. It’s a familiar investment philosophy for his firm Andreessen Horowitz, well known for its preference for founding CEOs.

During an interview at the Web 2.0 Summit, Horowitz said the institutional knowledge that founding CEOs have is what makes them most suitable to run their companies. “They have a set of historical knowledge that is almost impossible to replicate,” he told the audience.

Enter To Win

Something every entrepreneur or small business owner has in common is that they have a story. Whether you quit your job in the middle of the recession (like me!) or you went from garage to glory in three years, we all have a startup story that is unique and inspiring to others. And now we all have the chance to win $10,000 simply for telling it.

Oh, you’re paying attention now, aren’t you?

Hiscox, the small business insurance specialists, are challenging entrepreneurs, SMBs and consultants to share their startup stories for the chance to win $10,000 and other prizes through their MyStartUpStory Contest. What compelled Hiscox to put together a contest like this?

InternetSpeed

Computer researchers at Stanford want to throw away the hard disk and store information in data centers in random access memory, the more expensive temporary storage that makes programs run faster.

Today's hard disks can hold roughly 10,000 times as much information as they did in the mid 1980s, but they can only transfer large amounts of data about 50 times as fast as they could back then. This is an increasingly significant bottleneck for data stored on a server in a data center—the kind becoming increasingly common as businesses push their data into cloud computing .

Graph

The European Commission published, on 18 October, its '2011 EU industrial research and development (R&D) investment scoreboard'. The findings show evidence of a global recovery from the 2008-2009 crisis, as the 1,400 listed companies increased their R&D investments from €402 billion to €456 billion, a rise of 4%, in contrast with a 1.9% decrease in 2009.

Top EU companies fared even better, seeing a 6.1% grow, but this figure still lags behind the results of competitor regions, notably the US (10%) and China (29,5%).

Small screen: Editing is tough on a smart phone, but mobile workers want to do it.  Credit: Getty Images

Friday’s release of the new iPhone 4S, with its more sophisticated phone camera, faster processor and iCloud access, has Apple fans licking their chops in anticipation of the boosted services. This latest addition to the iPhone family is likely, however, to have the service providers that support the new handset holding their collective breath with its promise of even more traffic to their already groaning wireless networks. Such was the sentiment among some telecommunication industry experts on Friday at The State of Telecom 2011 forum at Columbia University in New York City.

Global mobile data traffic growth is expected to increase over the next five years by a 92 percent compound annual growth rate, thanks to video files and, to a lesser extent, mobile gaming, Robert Pepper, Cisco’s vice president of global technology policy, said at the meeting. Video and gaming are two areas in which the iPhone 4S is expected to excel.

NVP

Norwest Venture Partners (NVP) India, the venture arm of US-based NVP which manages more than $3.7 billion in capital, is expanding its investment strategy in India to include seed- and late-stage transactions.

The firm, which has so far looked at venture and growth stage deals here, is also broadening its areas of interest from banking, financial services and insurance, infrastructure and technology to include healthcare, education and food companies.

NVP India has started its own seed programme under which it will look at backing Internet and mobile starts-ups, investing up to $100,000. It will not raise a separate fund for this programme and will invest from its global fund.

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If the best indicator of a country's growth is the number of new firms started every year, as Kauffman Foundation research indicates, how do we get more companies to start and grow? What's the magic sauce?

That's the subject of the latest animated video in the Kauffman Sketchbook series released today. In "Magic Sauce, " Kauffman President and CEO Carl Schramm points out that nearly 700,000 new businesses start every year, but the failure rate is high and many of them are not creating jobs. Schramm asks, how do we make those firms more successful at the outset?

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Poor Braniff Airways. Founded in the golden age of commercial air travel, it went on to become the sole carrier of the Concorde supersonic passenger jet, but now no one recognizes the name--it went bust in 1982. Meanwhile, Delta survives. You may hate their service, but did you know the airline started out as a tiny outfit in the 1920s called "Huff Daland Dusters"? The airline business is weird. And you can take in its whole history at a glance thanks to this handsome infographic by Larry Gormley entitled "The Geneology of U.S. Airlines."

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This month there were 165 announced transactions. The Software sector accounted for 39% of all announced transactions, followed by IT Services (30%), Hardware & Systems (24%) and Telecom Services (7%).

During the month of September there were 12 transactions over US$100 million, with an aggregate value of US$26,013 million. The largest announced transaction in September was the US$18,641 million acquisition of Goodrich by United Technologies. The second largest announced transaction in September was the US$3,661 million acquisition of NetLogic Microsystems by I&N Acquisition Corp.

Inspiration

This blog entry is about why it is important to collaborate across your company’s disciplines and divisions while having the support and encouragement of your management. The topic is innovation, why it is important for everyone to come up with new ideas to keep any given company’s product offerings fresh, new and cutting edge. And how great ideas are the result of a collaboration of diverse people.

It doesn’t do anyone any good to “preach to the choir”. In my little group, I’m sure we all agree our ideas and our way of doing things are just great. After all, we all have similar backgrounds, work on the same topics and produce similar results. But to be successful, you need your ideas to get “viral” and leave your immediate sphere.

Steve Jobs

How much wisdom can one glean from a 20-minute chat with Professor Clay Christensen? I would say — if one keeps his mouth shut and asks the right questions — a lot. Here are notable highlights from my chat with the famous Harvard Business School professor, founder of the Innosight Institute and author of such best selling books as The Innovator’s Dilemma and Disrupting Class.

Jobs at hand

Steve Jobs and the company he co-founded just might be one of the few companies to look the innovator’s dilemma right in the eye and stare it into submission. Jobs’ Apple decided that it was better to cannibalize itself rather than have others do it. And so, the briskly selling iPod was replaced by the iPhone, and the iPad became the new low-end computer. When I asked Professor Christensen what made Jobs special, he said, “Jobs never said he understood the customer, but instead he tried to learn what they are trying to do, and that was his genius.”

Habitat

NASA is building a habitat for astronauts to live and work when they travel to distant locations like the moon, Mars, or an asteroid. The new habitat, called the Habitat Demonstration Unit (HDU), underwent testing this year in the Arizona desert, an environment that simulates conditions that may be encountered on planetary surfaces in space.

Mountain Climber

Dropping out of high school may have been Abdul Hamid Bhat’s luckiest day. After failing the examination to earn his matriculate qualification, roughly the equivalent of a high school diploma, in 10th grade, Bhat was on his own. He went on to work as a scooter mechanic, earning a few U.S. dollars a month. But he had big plans even amid the hardest-hit days of militancy that roiled Kashmir, India’s northernmost state, in the 1990s. “My passion is to do something for society,” says the 45-year-old Bhat. “I have the will. If you have the will, you can do anything.”

Bhat is now CEO and managing director of the Rahim Group, which consists of three companies including a Maruti car service center, in the Kashmiri capital of Srinagar. The group turnover is US$4.5 million. Bhat has also spearheaded tree-planting and green technology initiatives.

Ask the VC Logo

We’ve been flattered through the years to hear that several highly acclaimed universities have used our term sheet series to teach business, law and engineering students the ins and outs of the venture financing term sheet.  With the release of our book, Venture Deals:  Be Smarter Than Your Lawyer and Venture Capitalist, we’ve begun to hear that folks are using our book in the classroom, as well.  The book is much more broad than the term sheet series in that it discusses fundraising, negotiation tactics and potentially most importantly, how VC firms are organized and incentivized, thus providing a never-seen-before look into the inner workings of venture firms.

IFKAD

Successful international sister conference series of International Forum on Knowledge Asset Dynamics (IFKAD) and Knowledge Cities World Summit (KCWS) decided, for the first time, to bring their energies and communities together and with this strengthened synergy to host their 2012 editions in a joint multi-disciplinary conference setting. The IFKAD-KCWS 2012 joint conference aims to integrate two distinctive but at the same time highly overlapping perspectives – micro and macro – on knowledge-based development at the firm, organisation and city levels. This international conference encourages discussions on three critical dimensions of the development of 21st century – knowledge, innovation and sustainability.

Innovation Technology

Supporters of the Chicago technology community are working to find a 50,000-square-foot space that would house technology start-ups and fledgling companies.

“This is not a traditional incubator in which we take equity stakes in the companies,” said Matt Moog, chairman of the effort, head of tech-networking group BuiltInChicago.org and founder and CEO of Viewpoints Network, which operates consumer-product review site Viewpoints.com.

“It is a service to the city and to the tech community to bring together start-ups and small companies in the belief that the more the community can network and help each other, the better.”

The effort, which will operate as a not-for-profit venture, is being backed financially by venture capitalist J.B. Pritzker, and involves Troy Henikoff, co-founder and CEO of Excelerate Labs; and Kevin Willer, president of the Chicagoland Entrepreneurial Center.

MVCA

Thanks to a $3.1 million grant from the Michigan Economic Development Corporation, the nonprofit Michigan Venture Capital Association announced it is accepting applications for two new programs designed to retain young talent and expand the state’s angel network.

The Michigan Venture Fellows Program gives budding VCs the opportunity to spend 18 to 24 months in a Michigan-based venture firm, earn a salary and receive training at the Venture Capital Institute. Candidates should have strong Michigan ties, preferably as graduate students at Michigan universities whose professional goals include venture capital. The deadline to apply to the MVCA is November 30.

5

After decades of venture capital investment, growth and exit, the traditional focus areas of venture capital (such as IT, web and software) have developed strong entrepreneurial ecosystems. A high percentage of start-ups in these traditional areas come to market with one or more experienced entrepreneurs or with a strong and active network of investors/advisors who have “been there, done that.”   They know what it takes to raise capital and to build a great fast-growing business.  Cleantech companies, however, are much more likely to be led by first-time entrepreneurs who often struggle to create an ecosystem of experience people around them.

As a venture capitalist, I review hundreds of business plans each year and physically meet with roughly a hundred entrepreneurs seeking capital.  I have the advantage of doing this through the eyes of someone who has been on the other side of the table, having raised venture capital for my own start-up before becoming a VC.  And while there are certainly numerous exceptions, there are themes I see across cleantech start-ups that are not specific to their technology or market but which nonetheless impede their ability to raise capital.  Here is the top five…

Money

BEIJING: China will invest two trillion yuan ($313 billion) till 2015 to promote low-carbon economy, a media report said on Sunday.

The investment will help reduce energy consumption per unit of gross domestic product in China by 16 percent at the end of 2015 compared with the level of 2010, the China Daily said, quoting Xie Zhenhua, vice chairman of the National Development and Reform Commission.

Downward Chart

Start-ups seeking major investment are facing “warzone” conditions, with the situation potentially set to worsen due to the European debt crisis, a leading venture capital partner has warned.

Mark Harvey, partner at Brisbane-based CM Capital, says that the funding situation for new ventures remains bleak following the global financial downturn.

“There is very little VC money out there for start-ups at the moment,” he says..

“A couple of small funds have been raised with government support, but no large fund has been raised without government support in three years.”

“Entrepreneurs who say they can’t get money are right. It’s a warzone out there at the moment.”

British Columbia

As part of Canada Starts Here: The B.C. Jobs Plan, the province plans to support small business innovation and entrepreneurship by expanding access to venture capital tax credits, extending tax credits available to apprentices and employers, and working with business leaders to cut red tape and streamline administration of provincial taxes.

B.C. intends to provide a $3-million increase to B.C.’s successful Small Business Venture Capital Tax Credit, targeted to direct investments in new businesses.

This program encourages individuals — known as “angel investors” — to invest their own capital directly into an eligible small business and offer strategic expertise.

9

In June of this year I gave a talk at the TAPPI conference in Washington, D.C. on the guiding principles for building a nanotechnology company. In my mind I was clear about what I wanted to accomplish with my talk. Enough has been written/discussed about the mechanics of starting a business (type of corporate form, how to allocate an option pool, etc.), and I didn’t want to rehash information that was already widely available. But what’s not talked about enough is how do you build a business? What happens after you incorporate and the legal/admin/financing is out of the way? How do you make it happen?

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It seems appropriate on Labor Day to think about job security. Is it just me or does it seem as though these days the only true job security is when you’re an entrepreneur? I heard several stories in the past few days about people who were laid off or fired from their jobs with no notice, in some cases after being there for over 15 years. I have relatives whose ages range from their late fifties to mid seventies who are not financially secure and who need incomes. One of them just lost their job. Another one’s salary was just cut in half.

When recruiting people into start-ups, sometimes candidates make comments indicating that they’re worried about the “risk” of working for a young company. I’ve asked them whether working for IBM, Motorola, Enron or Arthur Andersen would give them more comfort. At one time or another all of these companies were the paragons of security and prestige with your financial future and retirement all but guaranteed if you worked there. Not any more.

Prompt Service

My first entrepreneurial venture, back in 1993, was a barbecue sauce company. The backstory is that my grandfather, before World War II, had a barbecue restaurant on the west side of Chicago. As a kid I would constantly hear from his contemporaries how great his barbecue sauce was. Over the years different people in my family made the sauce (my grandfather was still alive at the time), and every time they did, friends, family and other people would always ask for the sauce and frequently said things like, “This stuff is great. You should bottle it and sell it.”  Every family has a story like this.

Dilbert

I wonder if the best way to kill creativity is to encourage it. This notion will take some explaining.

Creative people literally can't stop themselves from creating. It's a form of OCD. If you plug one hole, the creativity finds a way out of another. There's no way to stop creativity unless you kill the people who have it. Creators will change jobs, defy the government, move to other countries, and do whatever they need to let the creativity out. That's my first point: Creativity is like a hurricane. You can't stop it from forming and you probably can't change its path.

My second point is that there's no such thing as "stimulating creativity." The people who have the creative gene (figuratively speaking) can't stop themselves from creating, and those who don't have it can't get it.

What about R&D labs? They don't generate creativity per se, but they do allow ideas to be researched, tested, and developed. They allow happy accidents to happen, and they provide a way to fund all of that activity. But there's a reason they aren't called Creativity Labs: Scientists don't know how to make more creativity - at least not the good kind that makes the world a better place.

Mitchell York

There has been significant criticism from the business community of President Obama's new jobs proposal. Some say giving a  tax credit for hiring workers laid off for six months or more is a nice gesture, but it won't create many new jobs. If demand existed, new jobs would be created with or without a tax break. Without demand, unless the government pays the business owner more than the net cost of the hired worker, no jobs will be created. Of course, if it had the will to, Congress could create demand -- in infrastructure, education, first responders, healthcare and many other areas. But private sector job creation is all about demand first and tax incentives second. Without it, U.S. corporations will continue to sit on their $2 trillion cash stockpile. What do you think it would take to get every road, bridge, tunnel, airport, rail system and public school in this country to be world-class, and would it be worth it? Everyone talks about the legacy we're leaving to future generations. Would the ROI on the best infrastructure in the world be greater than the cost of the borrowing? What's your view?

Dean Nitin Nohria says the Harvard Business School is emphasizing entrepreneurship and 'moral humility.'

The U.S. may be in an unemployment crisis, but the students at Harvard Business School aren't too worried about their job prospects, says the school's dean, Nitin Nohria.

About 95% of last year's graduating class had job offers by early September, according to the school. Still, Mr. Nohria says keeping students at the nation's top business school humble can sometimes be a challenge, one he struggled with himself when he assumed his role last year.

Global Intellectual Property Center

The United States Chamber of Commerce recently launched an interactive online presentation called “The Innovation Lifecycle” which is supposed to help educate Americans and policymakers about the importance of IP protection. The video goes through the stages of the product lifecyle: Idea, R&D, Production, Distribution, and Benefits. While I agree that strong IP laws do promote sound trade and create jobs in America, the video seems to neglect the fact that innovation also sometimes comes from using other people’s ideas and making new products for consumers to enjoy.

Take for example the recent rise in “mashup music.” While certain forms of it have been around in clubs and other venues, the ease with which a person can take multiple sources of music and create a whole new song has developed into its own genre. The Global IP Center would be quick to say that this is profiting off of the work of the source artist’s material, however, if innovation is the goal the Global IP Center is trying to promote, then certainly someone creating a new form of music for listeners to enjoy should be championed as well. Creating new markets is a vital part of the US economy and will allow our country to stay competitive. Cavalierly dismissing innovation that comes in the form of modifying existing products fails to capture areas where new products can be developed.

SBADirect

Your website is your digital home. You may have several social network pages from one end of the Web to the next, but at the day’s end, you need a home to return to, a website of your own. Your digital house, just like your condo, flat, townhouse, house or apartment, needs constant improvement as well as the occasional upgrade.

At least that’s how I feel about my website – and I hope you feel that way about yours.

It looks like the U.S. Small Business Administration feels the same way, as they have been on a campaign to improve their online presence as well. They have redesigned their website to be more engaging and they have also added the SBA Community.  The SBA has been “social” for a while with their Facebook page, Twitter account and YouTube channel.

Scientist

Innovation is the jewel in the crown of the U.S. health care system. We surely can't brag about having the most affordable medical insurance, or the longest-living patients. But we can brag, and do brag, about having the most cutting-edge medical- and bio-technology in the world.

So this should scare you. Medical device, biotech and diagnostic companies account for about a third of all angel and venture capital investments. But today, this system is in collapse, jeopardizing the very foundation of what has made the U.S. healthcare system the envy of the modern world.

Money

I've been helping entrepreneurs raise capital as a securities lawyer for 17+ years, and there are certain fundamental mistakes that I've seen entrepreneurs repeatedly make. Accordingly, I thought it would be helpful to share three basic tips for entrepreneurs in connection with raising capital. This is part two of a three-part series.

Tip #1: Only Sell Securities to "Friends & Family" as a Last Resort. Many entrepreneurs initially reach-out to friends and family as a source of capital. This is understandable, but generally a mistake for two significant reasons: first, friends and family investors are often not "accredited investors" under SEC Rule 501, which generally triggers tricky compliance and disclosure issues (as I discussed in detail in part one of this series) and second, they are inappropriate investors from a business perspective.

Indeed, the ideal investor is an experienced, sophisticated angel who can add substantial value through his or her domain expertise and/or rolodex. A sophisticated angel investor understands how the startup game is played and the role that he plays. More importantly, he understands that most startups fail and that he may lose his entire investment -- which is why sophisticated angels typically have 20 or more investments in different startups (and are merely looking for a few of them to succeed to get a strong return).

USC Stevens Institute

LOS ANGELES, Sept. 20, 2011 /PRNewswire via COMTEX/ -- Kerr to lead the effort to create startup companies from University of Southern California research.

The USC Stevens Institute for Innovation today announced the appointment of Dr. Karen Kerr as Senior Director, New Ventures and Alliances. In her new role, Kerr leads a growing team that will actively pursue startup opportunities from USC discoveries and expertise while coordinating with resources on and off campus to create an environment at USC and beyond that is conducive to new ventures.

PlaySay

Launching today at TechCrunch Disrupt, PlaySay is a Facebook app that takes advantage of the social graph and the fact that most of us spend an inordinate amount of time on Facebook in order to help people learn a language.

PlaySay uses images to represent the fundamental components of language learning, allowing basic language learners to build or deconstruct Facebook status updates word by word and image by image. The theory is that users will be more enthusiastic about learning languages with their friends in an environment they are already comfortable with.

Canada's Arctic ice cores face eviction.

An unusual 'help wanted' advertisement arrived in the inboxes of Canadian scientists last week. The e-mail asked the research community to provide new homes for an impressive archive of ice cores representing 40 years of research by government scientists in the Canadian Arctic.

The note was sent out by Christian Zdanowicz, a glaciologist at the Geological Survey of Canada (GSC) in Ottawa. He claimed that the collection faced destruction owing to budget cuts at Natural Resources Canada (NRCan), the government department that runs the survey, and a "radical downsizing" of the Ice Core Research Laboratory. The e-mail pressed scientists at universities and other institutions to take in the ice cores before they were left to melt.

Computers

Small businesses will do anything to cut costs. This is because most of them face stiff competition and every penny counts. With a typical small entrepreneur hardly being an expert in information technology, computer equipment tends to get the short shrift – not always to good effect.

It is often not easy to accurately estimate the cost of computer equipment, including hardware and software. There are hidden costs, upgrade costs and even a price to pay for buying cheap equipment. Consequently, entrepreneurs could easily end up paying far more or, in some cases, in terms of loss of productivity, downtime etc. because of poor IT choices.

NewImage

Dynamics, the DEMO-winning company that’s revolutionizing credit cards, has just purchased an eight-acre facility to house its engineering, adminitrative, research and manufacturing departments.

The facility is located in Pennsylvania in the Pittsburgh region, where the company is based, and includes around 100,000 square feet of “clean room” engineering and manufacturing space.

Dynamics CEO Jeff Mullen said in a release that the new property is a “world-class consumer electronics production facility” and will help bring more Dynamics cards to mass market.

The Kauffman Center for the Performing Arts in Kansas City, Mo., was designed by Moshe Safdie.

KANSAS CITY, Mo. — As arts organizations from one coast to the other wrestle with cuts in grants and declines in ticket sales, an ambitious new performing arts center in the middle of the country is defying the trend.

The Kauffman Center for the Performing Arts, a $326 million concrete-and-glass clamshell overlooking downtown, will open Friday. It was designed by the prominent architect Moshe Safdie and paid for with private donations.

The building, people here say, reflects the willingness of Kansas City residents to open their wallets if it means raising the national profile of the city’s arts scene.

The opening, which will include a performance by Plácido Domingo, has captured attention elsewhere, too, given these lean times. Michael M. Kaiser, president of the John F. Kennedy Center for the Performing Arts in Washington, said the Kansas City structure, with an 1,800-seat theater for the ballet and opera companies and a 1,600-seat concert hall for the symphony, reflected an investment unseen of late in far larger cities.

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At the end of August I noted with surprise that three midsize tech companies had filed to go public in the US, and said that there success in making the next step to actually listing would tell us a lot about the state of the market.  In the last couple of days we have heard that Groupon, the tech company everyone loves to hate has cancelled its roadshow and is reassessing its plans to IPO, and Zynga is also facing delays (although not as severe), and this comes on top of news that more IPOs were pulled in August than in any month for ten years.

Entrepreneurs and their investors make money when companies are acquired or when they IPO, with the bigger checks usually coming from IPOs.  The upshot of this is that a healthy IPO market has been the most important driver of returns to VC funds, which has a direct knock on effect on the amount of money available to invest in startups and startup valuations.

BGV

LaunchHouse has partnered with Bad Girl Ventures (BGV), a Cincinnati based venture capital firm, for an eight-week entrepreneurial educational series that will result in one Northeast Ohio, female entrepreneur being awarded a $25,000 loan.

BGV combines micro-lending with education and guidance focused on helping female entrepreneurs start a business. This October is the second year for the BGV program, and will be the fourth graduating class.  Applications for “Fall Term” are due by September 16.

Tom Perkins

SAN FRANCISCO, Sept 13 (Reuters) - Tom Perkins, co-founder of Kleiner Perkins and the backer of companies ranging from Genentech to Google, believes much of the venture-capital industry has set itself up for failure.

"Mathematically, there's no way that all venture capital in America will make 10 to 1," or $10 for every dollar invested -- a fairly typical return in past years -- Perkins told Reuters.

There is too much money chasing too few companies, he said, and the increasingly large sums invested mean failures will hurt more.

Firms hit by outsized failures will find it hard to raise money for future funds, he said, leaving the playing field to a select few with the cash and experience to outperform, including his eponymous fund, Kleiner Perkins Caufield & Byers, and Sequoia Capital "and a handful of others."

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At the end of August I noted with surprise that three midsize tech companies had filed to go public in the US, and said that there success in making the next step to actually listing would tell us a lot about the state of the market.  In the last couple of days we have heard that Groupon, the tech company everyone loves to hate has cancelled its roadshow and is reassessing its plans to IPO, and Zynga is also facing delays (although not as severe), and this comes on top of news that more IPOs were pulled in August than in any month for ten years.

Entrepreneurs and their investors make money when companies are acquired or when they IPO, with the bigger checks usually coming from IPOs.  The upshot of this is that a healthy IPO market has been the most important driver of returns to VC funds, which has a direct knock on effect on the amount of money available to invest in startups and startup valuations.

BBC director general Mark Thompson

The director general of the BBC says he hopes Greater Manchester will become “one of the most significant creative clusters in the UK.”

Mark Thompson spoke to north west business leaders, as he launched a report outlining how the organisation benefits the economy.

He addressed the Confederation of British Industry North West's annual dinner, at Lancashire County Cricket Club, and told how the BBC's arrival at MediaCityUK has helped attract media companies of all sizes to the area.

Mr Thompson added: “Were determined to spend the licence fee more fairly across the UK," and referred to the Salford move as “one of the most exciting things happening in broadcasting in the world.”

Solar

TWENTYNINE PALMS, Calif. (CNNMoney) -- Spurred by a desire to save money and lives by reducing the number of vulnerable fuel convoys they depend on, the Marines last month invited 13 companies to their desert base to pitch them the latest in battlefield solar and fuel efficiency technology.

On display were contraptions in various stages of development -- everything from an advanced concentrated solar array that tracks the sun's movements to a box-like solar hot water heater and power generator.

Molecule

Chemists at Tufts University’s School of Arts and Sciences have developed the world’s first single molecule electric motor, a development that may potentially create a new class of devices that could be used in applications ranging from medicine to engineering.

In research published online September 4 in Nature Nanotechnology, the Tufts team reports an electric motor that measures a mere 1 nanometer across, groundbreaking work considering that the current world record is a 200 nanometer motor. A single strand of human hair is about 60,000 nanometers wide.

Screening Room

LOS ANGELES — There is, perhaps, no more uplifting musical experience than hearing the “Hallelujah” chorus from Handel’s “Messiah” performed in a perfect space. Many critics regard Symphony Hall in Boston — 70 feet wide, 120 feet long and 65 feet high — as just that space.

Some 3,000 miles away, however, a visitor led into the pitch-blackness of Chris Kyriakakis’s audio lab at the University of Southern California to hear a recording of the performance would have no way to know how big the room was.

At first it sounded like elegant music played in the parlor on good equipment. Nothing special. But as engineers added combinations of speakers, the room seemed to expand and the music swelled in richness and depth, until finally it was as if the visitor were sitting with the audience in Boston.

Graph

I was one of the early converts to mobile phones. Despite their high prices, I found the convenience worth it. But when the flat-rate unlimited plans came around, I totally got rid of my landline and despite the spotty coverage became completely untethered. With falling prices my call volume increased. So it is hardly a surprise (and almost obvious) to find a study showing that falling prices boost the minutes used on mobile networks.

On Thursday GSMA’s Wireless Intelligence released a report that shows that in 2010 there were 1.6 trillion global voice minutes, a whopping ten times the minutes in 2001, when there were 170 billion minutes of voice calls. Or, as the report points out, the usage of mobile phones has grown “twice as fast as the number of connections, which grew from around 950 million to 5.4 billion over the same nine year period.”

Solyndra

Solyndra Inc. once seemed destined to help spark a second wave of venture investing in clean technology.

Bloomberg Now the solar-panel maker–which today announced it plans to file for Chapter 11 bankruptcy and lay off all 1,100 of its workers–is an example of how difficult it is for venture investors to make money in manufacturing-heavy businesses whose products compete in commodity markets.

The “Solyndra Effect,” one clean-tech investor said, now refers to the chill sent down the spines of potential limited partners of venture capital funds by the massive writedowns experienced by investors in the solar company.

NewImage

Painel de Opinião do Barómetro de Inovação COTEC avalia políticas de Inovação pela 2.ª vez Já se encontra disponível a segunda iteração do Painel de Opinião incluído no Barómetro de Inovação da COTEC Portugal. Os 25 membros do Painel avaliaram os resultados da política de Inovação em Portugal com um 4 numa escala de 7.

Tal como observado por Daniel Bessa, Director-Geral da COTEC e comentador do Painel, comparativamente à avaliação feita em Dezembro passado, nota-se uma evolução «ligeiramente positiva, de 4,2 para 4,3». (+)

Georgia Republican, US Rep. Phil Gingrey called for greater collaboration on electronic medical records. Image: House Republican Conference

When it comes to healthcare, if the US and Europe worked together they could cut costs, spur innovation, and tackle their common health problems, according to a group of experts that met in Washington July 12.

“If we would find ways to have an overall common approach in healthcare we could achieve much more,” according to Alexander von Gabain, an Austrian biopharma entrepreneur and chairman-elect of the European Institute of Innovation and Technology. “We have to find ways of getting healthcare costs down – by working together, expanding  best practice, and cooperating intellectually and financially,” agreed Bart Gordon, former chairman of the US House Committee on Science and Technology and now a partner at Washington law firm K&L Gates.

Evacuation

With the exception of July 4th weekend, the upcoming Labor Day holiday is usually the most profitable week of the year for a wide range of small businesses. For countless amusement parks, boardwalk arcades and seaside vendors, the week leading into Labor Day represents one last hurrah for the season. After all, who is going to play ski ball or purchase a hermit crab cage once school begins?

Businesses catering to higher-end clientele, such as restaurants and nightclubs in places like the Hamptons, for instance, rely on the last week of summer for one last big infusion of cash. If trains and highways are not back in working order quickly, people may opt to remain in New York City or look for another destination to play during the long holiday weekend.

USPTO

First Center Focused on Electronic Access and Training for Patent and Trademark Information

WASHINGTON - The United States Patent and Trademark Office (USPTO) today announced the designation of Iowa’s Davenport Public Library as a Patent and Trademark Resource Center (PTRC). As the 81st library in the nationwide network, Davenport marks Iowa’s return to the PTRC program and serves as the first center geared away from the “paper depository” concept towards electronic access and training for patent and trademark information.

Don Ball

It’s known as the “Brain Exchange.”

The former Minneapolis Grain Exchange trading floor has been transformed into a collaborative working space for freelancers and small businesses called CoCo Minneapolis. The new 16,000-square-foot coworking location shares its home with Project Skyway — the state’s first tech accelerator program for entrepreneurs.

CoCo provides a place for people looking for an alternative to working in a coffee shop or at home — a space that can provide more structure to the work day, said Don Ball, a digital strategist and veteran copywriter who co-founded CoCo with Kyle Coolbroth, Jeff Heegaard and Roger Heegaard.

NewImage

This past week we announced the Champions and Honorable Mentions in the Small Business Influencer 2011 Awards.  You may not yet have seen the award announcement, so I thought I’d also share it here.

The Small Business Influencer Awards, for those who don’t know, is a recognition of people, organizations and companies with demonstrated commitment to serving North American small businesses.

IBM

THE long passage that connects the two wings of IBM’s headquarters in Armonk gives a new meaning to the expression “a walk down memory lane”. From punch cards to magnetic tapes and disk drives to memory chips, every means of storing information since the advent of modern calculating machines is on display, either as an exhibit or as a photo. Other relics of computing can be found in the building, an hour’s drive north of New York City. Near the boardroom sits a desk-sized calculator with hundreds of knobs. Visitors can also wonder about a tangle of wires connected to a metal plate—an early form of software called a “control panel”.

Solar

The Rhode Island Economic Development Corporation announced yesterday that it had issued $2.5 million in grants to two companies for a solar energy project and the creation of 40 jobs.

The board of directors for the EDC awarded a total of $1 million in grant money to Toray Plastics (America), Inc. Of that, $750,000 came from the EDC’s Renewable Energy Fund. The remainder was federal stimulus money channeled through the state Business Energy Assistance Program.

Toray will use the grant money to install a 375kW solar energy project at its Quonset Point facility in North Kingstown.

Classroom

Elizabeth Weber has been paving her own path to entrepreneurship for years. As a kid, she launched an art studio in her garage, and transformed it into an arts education center, the Academie de Couleur. Today as a sophomore at Brown University, she's majoring in commerce, organizations, and entrepreneurship. She is co-president of the Brown University Entrepreneurship program.

But instead of jetting off, diploma in hand, to a venture capital firm or incubator with a start-up idea, she hopes she'll be taking a placement from a nonprofit to work for a small company in a struggling city. Her aim is to be a Venture for America fellow.

Apple

The S&P downgrade has sent Wall Street on a roller coaster, but how have the markets’ massive up-and-down swings impacted the global tech epicenter in California? It’s a question I’ve been asked repeatedly over the last few days. I spoke to many very smart people in Silicon Valley — from big tech companies, venture capitalists, and entrepreneurs — and what follows is some of what they had to say.

First, let’s address the big technology companies that provide most of the economic lift to the Valley. These multibillion-dollar global behemoths, such as Cisco Systems, Hewlett Packard, and Oracle have powered much of the Valley’s growth during the past four decades. The people who run these tech titans are bracing for another recession. Tech spending had been in recovery mode, but customers won’t buy more PCs, networking equipment or database software if they see their sales and revenues stagnating.

Chart

The chart below shows that software and services companies take about the same amount of time to get to IPO as just about all other categories of companies that venture capitalists invest in. I found it on CNN Money.

This is a somewhat surprising finding given that internet companies often create value really fast, and thinking it through I came to the conclusion I used as the title to this post – that what internet companies are good at is creating some value really quickly, but to create the demonstrable value that underpins an IPO takes longer.  Taking two recent high profile internet IPOs as examples – LinkedIn’s IPO came 8.5 years after it was founded, and Pandora’s 11.5 years.  Facebook was founded in 2004 and will be eight years old at IPO if it goes out as expected next year (although they could have listed earlier).

Death Star

At approximately the size of a beach ball and completely black, the Spherical Air Vehicle looks likes a miniature Death Star that can transmit live video from a camera. The drone can fly down alleys, hover, take off vertically, and it can even bounce on the ground, reports AFP.

The latest model, the seventh prototype, is equipped with a single propeller, shielded by the shell, with flaps and wings to control its flight, and can zip through the air at up to 60 kilometres (37 miles) per hour.

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Over at a private online-business forum where I am a Moderator, the members regularly discuss social media.  About once every 60 days someone will start a thread that ends up as a referendum on the same question:

“Is social media a waste of time for businesses?”

Those discussions always end the same way.  Some people are convinced of social media’s value. Others flatly declare that “real businesses don’t get any real value from social media.”  Still others are confused and aren’t sure what to think.

If the jury is still out on social media in your mind, then I recommend you read Likeable Social Media. Author Dave Kerpen answers the question about social media’s business value on the very first page.

SSTI Weekly Digest

The University of Nebraska-Lincoln's Bureau of Business Research and Department of Economics has released its latest edition of the State Entrepreneurial Index, a state-by-state analysis of entrepreneurial activity. The index uses five components — percentage growth and per capita growth in business establishments, its business formation rate, the number of patents per thousand residents and gross receipts of sole proprietorships and partnerships per capita — to rank states in business formation and innovation. New York, Washington and Massachusetts placed in the top three spots, while Oregon, Delaware, Kentucky, Texas and Rhode Island all rose more than 25 spots since the last list was published in 2008. Read the list...

...

Money

Luke Fishback believed the energy monitoring company he started had some potential. But when General Electric handed him a $100,000 check from its Ecomagination competition earlier this summer and touted his company Plotwatt in the media, he found himself with an express pass to the big leagues.

"We were flying under the radar and then after Ecomagination all of sudden the phones were ringing off the hook--we got a huge influx of customers," said Fishback. "It just put us on the map.

Alex Godin is the teenage son of marketing guru Seth Godin. He's the second-youngest Techstar ever.

Most high school juniors spend their summers at camp or visiting colleges.

Alex Godin, the 17-year-old son of marketing guru Seth Godin, is spending his in a startup accelerator, TechStars NYC.

TechStars only accepts 1.2% of applicants, but Godin isn't your average teenager.

Last summer, Godin traveled to India because he wanted to produce a documentary. In the fall he won a hackathon.

John M. Heller/Getty Images DOWN, DOWN, DOWN Richard Branson, the Virgin Atlantic founder, is planning his craft's first deep dive this year.

A new generation of daredevils is seeking to plunge through nearly seven miles of seawater to the bottom of a rocky chasm in the western Pacific that is veiled in perpetual darkness. It is the ocean’s deepest spot. The forbidding place, known as the Challenger Deep, is so far removed from the warming rays of the sun that its temperature hovers near freezing. Multimedia

“When I was a kid, I loved not only amazing ocean exploration but space, too,” James Cameron, the director of “Avatar,” “Titanic” and “The Abyss,” said in an interview. “I can think of no greater fantasy than to be an explorer and see what no human eye has seen before.”

Rajeeb Dey

While at Oxford, Rajeeb Dey knew that students generally gravitated toward traditional internships with leading banks and prestigious firms. Yet, as the head of Oxford's Enterprise Society, he had countless small businesses and start-ups approaching him, interested in working with Oxford students as interns. But they didn't have the marketing tools to publicize these opportunities--a dilemma for many SMEs (small and medium enterprises) who often provide more hands-on experience, but lack the brand power to attract students.

So Dey introduced a simple website that listed the opportunities.

Note Taking

College students with very poor vision have had to struggle to see a blackboard and take notes—basic tasks that can hold some back. Now a team of four students from Arizona State University has designed a system, called Note-Taker, that couples a tablet PC and a video camera, and could be a major advance over the small eyeglass-mounted telescopes that many students have had to rely on. It recently won second place in Microsoft’s Imagine Cup technology competition.

There are roughly 75,000 students at colleges and trade schools who are visually impaired. The telescopes allow students with low vision to see the blackboard, but they can only focus on one section at a time. Then they have to take off the telescope, write notes, and then go back to the board and try and catch up with the lecture.

NSF

The National Science Foundation announced on Thursday that it planned to spend $1.25-million this year on a program designed to connect 100 of its university grantees with members of the private sector to help convert academic research into marketable products.

The initiative, called Innovation Corps, or I-Corps, will identify scientific and engineering discoveries that have practical applications from among the NSF's recently financed projects, and provide researchers with additional resources and networking opportunities outside the laboratory.

NSF

Today, the National Science Foundation (NSF) announced a new effort to help develop scientific and engineering discoveries into useful technologies, products and processes.

The NSF Innovation Corps (I-Corps) program, a public-private partnership, will connect NSF-funded scientific research with the technological, entrepreneurial and business communities to help create a stronger national ecosystem for innovation that couples scientific discovery with technology development and societal needs.

"The United States has a long history of investing in--and deploying--technological advances derived from a foundation of basic research," says NSF Director Subra Suresh. "And the NSF mission connects advancing the nation's prosperity and welfare with our passionate pursuit of scientific knowledge. I-Corps will help strengthen a national innovation ecosystem that firmly unites industry with scientific discoveries for the benefit of society."

Innovation Technology

Some say the decline of modern-day towns and communities started in 1939 at the World’s Fair in Flushing Meadows, New York. The most popular exhibition was “the World of Tomorrow” in the General Motors Pavilion. It featured an enormous model of a “City of the Future,” complete with elevated freeways, on-ramps and off-ramps, and gleaming skyscrapers separated by miles and miles of asphalt. For General Motors and the rest of America, this vision became reality, as more and more roads were built across the country and more and more families were able to purchase their own automobiles.

Only now, over 70 years later, are we beginning to see the need for a new and vastly different vision of our future. In a very real sense, the shift from an industrial to an information society to an innovation economy is the reason for revisiting the American love affair with the automobile and asking some very tough questions about its role in the new economy. By doing so, we will begin to open the door to new thinking about the architecture of cities.

Steve Blank

Government bureaucracies and start-ups are usually two things that don’t mix well together, but the National Science Foundation is looking to change that with a $10 million grant for an start-up education program intended to teach the nation’s top scientists and engineers how to become entrepreneurs.

The Innovation Corps program — which starts in September at Stanford University –will give $50,000 to 100 different teams (3 or more people per team) every year to go through an intensive entrepreneurial education class. The I-Corps class will be modeled on a Stanford engineering class called Lean LaunchPad that was taught earlier this year by serial entrepreneur Steve Blank and a coterie of entrepreneurial thought leaders, technologists and venture capitalists. The grant, which runs to $10 million, covers five years of operations of the program, which will be taught quarterly to 25 teams at a time.

Michigan Economic Development Corp. CEO Michael Finney, seen here speaking at the Detroit Regional Chamber's Mackinac Policy Conference in June alongside Gov. Rick Snyder and DTE Energy CEO Gerry Anderson, said the 21st Century Jobs Fund would distribute millions in cash to various economic development groups throughout the state.

Three Ann Arbor-based economic development agencies received $15.5 million from the Michigan Economic Development Corp. for several programs to invest in tech startups, train entrepreneurs and provide various services to early-stage companies.

The 21st Century Jobs Fund, managed by MEDC through the Michigan Strategic Fund, announced this afternoon that it is distributing millions to several different groups.

Ann Arbor SPARK, a public-private group co-founded by Gov. Rick Snyder and formerly led by MEDC CEO Michael Finney, got $10.8 million for three programs. Of those funds, $9.17 million will go to SPARK's Michigan Pre-Seed Capital Fund, which invests in early-stage companies throughout the state on behalf of the MEDC; $1.05 million to a new initiative called the Michigan Angel Fund, which will invest in very early-stage ventures; and $600,000 to the Accelerate Michigan Innovation Competition for startups.

Innovation on a Chalk Board

Investing hat on, I spend a lot of time hearing about disruptive innovations. Disruptive this; disruptive that. Sometimes it’s wonderful things, but most times it’s neither  – that is, neither disruptive, nor particularly innovative. It’s just words.

One of the hallmarks of things that aren’t very disruptive is when you hear that “It would be huge, if only the incumbents would let it happen”. Really? Then you’re screwed. Because that’s a hallmark of a truly disruptive innovation: It makes things end badly for the incumbents, whatever their wishes on the matter might be. They’re hardly going to lie down and let it happen to them.

Shahid Shah

The FDA released the (currently non-binding) “Draft Guidance for Industry and Food and Drug Administration Staff on Mobile Medical Applications“last week. I knew many of my clients and readers would be asking about the ramifications of this new guidance so I read the document as soon as it came out. In general I was impressed by the FDA’s balanced approach to patient safety and their desire not to stifle competition; overall I thought they were not looking to overreach their purview and I think they succeeded (except for the part on clinical decision support, discussed further below).

Unlike many regulations that come out of DC, this guidance document is quite readable by us mere mortals: it’s written in plain English and not legal-speak so I recommend picking up a copy, setting aside 30 minutes, and going through it (If you’re on the beach, it’s great reading).

In case you’re not from DC (like me) and don’t spend your days around a bunch of govies (like I do) I wanted to let you know how big a step this is for the FDA. They’re taking a public stand about what they know and what they think are grey areas and I for one commend them for putting this document out.

Venture Capital

Some of New Zealand's fund managers are calling for more government intervention and radical new thinking to save the country's struggling venture capital (VC) industry.

"We have a crisis situation in venture," said Tony Bishop, managing partner at iGlobe Treasury Management - one of four original venture capital fund managers chosen in 2003 by the Government's Venture Investment Fund (NZVIF) to kick start the country's VC industry.

iGlobe is hoping to close its second fund this year, more than a year after it had originally hoped because of the lack of funds in the market. Bishop has abandoned the New Zealand market and is now solely focused on raising funds in Asia.

Tax Break

AUGUSTA, Maine — A new law in Maine will provide tax credits for new venture or "seed" capital investment.

The law will increase the Maine Seed Capital Tax Credit Program from 40 to 60 percent and also create a refundable 50 percent tax credit for venture capital funds making eligible investments.

The bill was passed unanimously before being signed into law earlier this month by Gov. Paul LePage. It becomes effective Sept. 28.

China

Rich: Being aware of that, and realizing that it is a different climate going in, what sort of niches should angel investors look at in China?

Bruno: First of all, from an investor perspective I would look at local companies, maybe not only local companies, but mostly local companies, because they know the local environment better.

If you focus on mobile, I would say app stores and applications is definitely one of them. However, there are a lot of fraud and illegal copies, which makes revenue making more difficult.

Because the regulatory environment has changed quite a few times, and because there are a lot of rogue or non-legit app stores around, it’s much more difficult to have consistent revenue and good exit.

EDA Header

The U.S. Economic Development Administration (EDA) has announced three new Federal Funding Opportunities under its Research and National Technical Assistance programs, which fund research and technical assistance projects to promote competitiveness and innovation in distressed rural and urban regions throughout the United States and its territories.

All submissions under these competitive solicitations should propose methodologically rigorous, peer-review quality, feasible proposals that meet the requirements outlined in the individual Federal Funding Opportunity notices.  Applications for each are due on August 15, 2011.

Please click on the links below to read the full Federal Funding Opportunity notices for the three solicitations:

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Are innovators born or made?

Most people believe that you are either born innovative and creative, or you’re not. But a growing body of evidence suggests that you can learn creative problem-solving and, with practice, hone your innovative abilities. “Studies show that when identical twins were separated at birth and given IQ tests from ages 16 to 24, that 80% of performance was based on genetics,” says Jeff Dyer, co-author with Hal Gregersen and Clayton M. Christensen of The Innovator’s DNA: Mastering the Five Skills of Disruptive Innovators. “But on creativity tests, only 30% of performance was based on genetics.”

Dyer says that what we learn from role models and how we’re taught to ask questions directly impacts our ability to be innovative. “If you understand the behaviors that bring in new knowledge, you’re much more likely to trigger new ideas related to problems you’re trying to solve in your life or in your company,” he says. So what exactly are the behaviors that spark innovation?

Suburbs

For well over a decade urban boosters have heralded the shift among young Americans from suburban living and toward dense cities. As one Wall Street Journal report suggests, young people will abandon their parents’ McMansions for urban settings, bringing about the high-density city revival so fervently prayed for by urban developers, architects and planners.

Some demographers claim that “white flight” from the city is declining, replaced by a “bright flight” to the urban core from the suburbs. “Suburbs lose young whites to cities,” crowed one Associated Press headline last year.

Graph

Venture capital investments continued to grow at a rapid clip in the second quarter of 2011, with VC firms investing $7.5 billion across 966 deals, according to the latest MoneyTree report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA.) But some industry experts are saying that the current level of VC activity could be too good to be sustained.

The second quarter of 2011 saw the highest total amount of money invested by VCs since the second quarter of 2008, according to the MoneyTree report released this week. Quarterly venture capital investment activity increased 19 percent during Q2 compared to the first quarter of 2011, during which VCs invested $6.3 billion in 814 deals

Jeff Clavier

Jeff Clavier was the first tech investor I ever met; he was introduced to me years ago by some hip engineers in a bar as "one of the few cool VCs." Years later Clavier's name now comes up all the time when one of his portfolio companies finds success; his exits include Mint, Tapulous, and UserPlane, other investments include Mashery (a ReadWriteWeb sponsor), Rapleaf, Fitbit, bitly, GroupOn, Twitter and many more.

Clavier spoke last week at the International Startup Festival in Montreal on the topic of raising money - with a special emphasis on the numbers that a startup should keep an eye on. My notes from his very informative presentation are below.

Clavier began his presentation at the beginning of a company's lifecycle, asking how many co-founders a startup ought to have. He says that one is too lonely, two is good and three is a great number if they can combine their skills to cover design, development and distribution.

Gov. Terry Branstad

DES MOINES, Iowa -- Iowa Gov. Terry Branstad signed into law on Monday an overhaul of Iowa's economic development efforts, giving private businesses a greater role in shaping programs, which was one of his top priorities in the last campaign.

The measure also changes the name of the main state agency that does economic development, the Department of Economic Development, to the Iowa Partnership for Economic Progress. Backers say the name better reflects the structure of the new agency.

knights

When I asked the question ”are Europe’s startup accelerators speeding out of control?”, I thought it would get some interesting responses. After all, the post aired the privately-held views of some investors and entrepreneurs who worry that Europe is in danger of being overwhelmed by low-quality accelerator programs. That was something that seemed — to me, at least — to go against the prevailing wind, an unstoppable cyclone of activity that has seen dozens start up in the last few months alone.

And it turns out that my post did generate plenty of conversation and feedback. The surprise, perhaps, was that most of it was incredibly high quality. Opinions differed from person to person, but across the conversation, a general picture built up of a continent that desperately wants to build success — but can’t quite agree how.

Chicago

Looks can be deceiving. No downtown area in the western world outside Manhattan is more visually impressive than Chicago. Both the historic Loop and the newer development north of the Chicago River, especially along North Michigan Avenue have some of the most iconic structures outside of emerging Asia. Yet these vertical monuments mask a less celebrated reality: that of dispersing, low density urban area.

Chicago Combined Statistical Area: Let’s take a close look at the 2010 census data. Overall, the combined statistical area, which includes the metropolitan area (Note 1) and two exurban counties added nearly 365,000 people, for a growth rate of 3.9 percent. This is well below the national growth rate of approximately 10 percent (Map, Figure 1). Chicago followed the general trend of with growth being greatest in the outer suburbs while declines took place both in the inner suburbs and the historical core municipality (Figure 2).

Store Shelf

In the face of growing corruption, graft, and prosecution, the newest generation of Russian entrepreneurs are leaving the country in numbers not seen since the fall of the Soviet empire.

The past three years have seen more than 1.25 million Russians emigrations, most of them young businesspeople and members of the middle-class, according to Time.

Corruption is a way of life in Russia, but a recent article lays out just how extreme the situation's become. Time's Simon Shuster describes 22-year-old Alexei Terentev, who graduated from one of Moscow's elite universities, and began a start-up in his parent's apartment.

Denny Griffith, President, Columbus College of Art & Design

Denny Griffith doesn’t have to try too hard to bring creativity into his organization. At the Columbus College of Art & Design, where he’s president, it already runs in everyone’s blood. His job is applying that creativity to achieve the college’s mission of preparing tomorrow’s creative leaders for professional careers.

“Applied creativity” is the college’s term for innovation, and it’s just as much a part of its DNA as the artistic creativity that manifests in paintings and sculptures. But this kind of creativity transcends into Griffith’s leadership, resulting in a growing organization.

Since coming on board as the college’s third president in 1998, Griffith has overseen renovations and new construction — like Design Square Apartments, the Loann Crane Center for Design and the college’s famous 10-story ART sculpture — not to mention the growth he’s seen academically and in community outreach and exhibition programs.

David Krimm

Venture investing is frequently compared to baseball, as "exits" from venture funds can generally be categorized as "home runs" or "strike-outs." Our analysis of recent history supports this view, as the net return multiples experienced tend to cluster in a bi-modal distribution. Therefore it is most likely that an exiting company generates either a substantial, or a very poor, return for the venture investors.

We examine these outcomes separately, examining both "successful" and "unsuccessful" exits. This study utilizes data on outcomes for hundreds of venture-backed companies, compiled from sources which are deemed to be reliable.

Heart Pump

When an ailing heart can't move blood on its own, an implanted pump can help keep it flowing smoothly. But there's a major drawback: the power supply is large, must be housed outside the body, and is usually connected to the pump via an electric cord that runs through the abdominal wall—a source of constant irritation and potential infection.

Researchers have now demonstrated a prototype wireless heart pump that eliminates the need for the cord altogether. And unlike some wireless implants, it is reliable and efficient over a range of distances, from a few centimeters to a meter or more.

ROI Starbucks

InnoTools – Measured and Managed Innovation in Companies A Nordic Innovation Center Project

Studies have shown that companies’ return on innovation (ROI) or hit rate is somewhere between 2-10%. That is another way of saying that around 90% of all innovation efforts are never commercialised or used in general. If Nordic companies could raise the ROI with just 10-20% this would give them a significant competitive advantage in global competition.

It seems, however, that innovation is still in its infancy as a management discipline, and it seems that if companies start approaching innovation in a more systematic way – e.g. through the application of measured and managed innovation they could increase their ROI at no or small additional costs.

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It is frightening to see how many good ideas and projects are blocked due to organizational and procedural overhead. Loop advocates a new strategic approach to innovation and a generally different self-image of innovation managers. Managers should enable employees to take risks and become entrepreneurs within existing organizations.

Although projects promoting the spirit of innovation often follow a top-down approach, every employee can improve his personal skills, pertaining to trust, teamwork and commitment, and therefore becomes a role model for others (bottom-up). Hybrid approaches have shown here to be most effective.”

Stock

THE ministry of commerce, industry and trade is working on identifying different opportunities for improving the small and medium enterprise (SME) environment. Minister Jabulile Mashwama said some of the projects they were looking into included establishing  an SME Stock Exchange to improve financing for bankable SME projects.  She said they were also looking at improving the incubation of SME start-ups by focusing on information, communication and technology (ICT).

“We are also looking at improving the conditions for our SMEs to enter the textile industry and benefit from established markets. Our predictions are that our region will again become competitive in this industry as the big Asian giants adopt free market principles,” she said. Mashwama said the ministry did almost 80% of its work with SMEs and also made sure they were included in the different boards of directors. She said the intention was to have their voices represented when they formulated legislation as well as move the agenda for SMEs.  “We also include previous winners of the Entrepreneur of the Year Awards (EYA) so that we have people who are on the ground (entrepreneurs). We know  we can’t move the different policies that impact on doing business without the SMEs,” she said.

Green

Wind and solar are making an impressive showing around the world. Green energy investments are up 32 percent over the last year, according to the United Nations.

What makes the numbers look even better is that the global recession has taken a toll on all types of energy production. But the mere fact that financial backers of renewable energy technologies are still on the hunt bodes well for the sector, particularly as the economy improves.

All told, the UN Environmental Program says that global investments in the green sector are up by one-third to $211 billion. Wind investments in China and solar rooftop installations in Europe and especially Germany played a role. At the same time, the report says that government-sponsored research and development climbed to $5 billion.

Emily Singer

A new set of tools could help patients with chronic illnesses track their condition and monitor  how they respond to different treatments.

The tools are designed to let physicians run experiments tailored to an individual patient's needs, a faster and more quantitative way than infrequent office visits to determine a treatment's benefits or side effects.

"The idea is to try to make interactions between patients and doctors more continuous, and to provide patients with more information so they can participate more actively in their care," says Peter Margolis, a physician at Cincinnati Children's Hospital. The project is part of the Collaborative Chronic Care Network (C3N), whose goal is to collect real-time data and use it to change how chronic illnesses are managed.

Faces

A startup wants any Web page or mobile app to recognize faces, and claims users are becoming less sensitive about the technology.

A startup has built technology that could give any website or app the ability to recognize peoples' faces, and even to identify their facial expression. While some see the technology as creepy, Face.com, the company behind it, argues that most users don't mind being recognized automatically online.

As computer vision software gets better, facial recognition software is becoming more common. With millions of images uploaded to services like Facebook every day, this technology can make social services more convenient, and could lead to completely new kinds of services and apps—but it also has obvious privacy implications.

Incubator

Tandem Entrepreneurs, an incubator and capital fund founded in 2007, invests both money and time in early-stage startups, but founders Doug Renert and Sunil Bhargava don’t consider themselves VCs. Instead, they’re just a group of entrepreneurs with decades of startup experience between them that have turned their focus to providing resources to their fellow entrepreneurs and startup founders. And today they’re announcing the creation of a new incubator, targeted specifically at early-stage startups in the mobile space. Of course, what’s an incubator without cool digs? Tandem will be establishing the new incubator’s headquarters in a newly-renovated Victorian home in Burlingame, CA, with its doors officially set to open on August 3rd.

Tandem will being accepting applications from mobile startups today, and plans to select eight teams to participate in its fall program, which will continue annually thereafter. (Applications are due by September 1st.) The program will take place over a six-month time frame with Tandem providing a mix of both support and cash investment. This means that the Tandem team will be working hand-in-hand with founders to assist in strategy, product design, architecture, user acquisition, employee recruiting, etc., and each company will receive $200,000 in a convertible note in exchange for 10 percent common equity.

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Washington, D.C. – Today, the Obama Administration launched Strong Cities, Strong Communities (SC2), a new and customized pilot initiative to strengthen local capacity and spark economic growth in local communities, while ensuring taxpayer dollars are used wisely and efficiently. To accomplish this, federal agencies will provide experienced staff to work directly with six cities: Cleveland, Ohio; Chester, Pa.; Detroit, Mich.; Fresno, Calif.; Memphis, Tenn.; and New Orleans, La. These teams will work with local governments, the private sector, and other institutions to leverage federal dollars and support the work being done at the local level to encourage economic growth and community development.

Additionally, communities nationwide will be eligible to compete for comprehensive economic planning assistance through a grant competition designed to spark local innovation. By integrating government investments and partnering with local communities, SC2 channels the resources of the federal government to help empower cities as they develop and implement their vision for economic growth.

The consumerisation of IT is a much talked about theme of the last ten years or so.  The definition per Wikipedia is:

Consumerization … describes the trend for new information technology to emerge first in the consumer market and then spread into business organizations, resulting in the convergence of the IT and consumer electronics industries, and a shift in IT innovation from large businesses to the home. For example, many people now find that their home based IT equipment and services are both more capable and less expensive than what is provided in their workplace.

A newer but perhaps unsurprising trend is for enterprise software companies to start adopting the disciplines of consumer internet companies, or the ‘consumerisation of enterprise sofware’.  I had an inkling that things were heading in this direction back in 2007 when I wrote about edge-in adoption of social software at the enterprise, and now I think they are finally getting there.

David Cameron called public servants the

The government's economic strategy isn't working. The post-crisis hangover remains, with growth subdued and recovery elusive and there's little on the horizon to stimulate the optimism and confidence needed to kick start the vibrant economy needed to secure sustainable growth and future prosperity. As Keynes claimed, investment is not driven by simple tax cuts but by the much less predictable "animal spirits" of investors, and such spirits are not currently running high.

Why? Current economic policy is based on the false premise that innovation-led growth will only happen if we pull back the role of the state and unleash the power of entrepreneurship in the private sector. This feeds a perceived contrast that is repeatedly drawn by the media, business and libertarian politicians of a dynamic, innovative, competitive private sector versus a sluggish, bureaucratic, inertial, "meddling" public sector. So much so that it is virtually accepted by the public as a "common sense" truth. In the March 2011 Cardiff Spring Forum, the Prime Minister, David Cameron, brought this view to an extreme when he called "bureaucrats in government departments" the "enemies of enterprise".

Person

For a college president, Michael Schneider of McPherson College spends an awful lot of time talking about horsing around on playground equipment.

It's not because he's immature, though at the age of 37 he is one of the youngest college presidents in the country. It's because "jumping off swings" is Schneider's metaphor for entrepreneurship -- students shouldn't be afraid to take risks, just like they did as children -- an idea he hopes will seep into every corner of McPherson.

But unlike other institutions run by champions of entrepreneurial education, teaching courses and minors in entrepreneurship, or located in startup hubs like Silicon Valley, Boston, or New York, McPherson is not a multifaceted research university with a business or engineering school. It is a small, private, liberal arts college in Kansas.

Art by Mike Lucas

Several Silicon Valley-based venture capital firms are reaching out to their investors to raise China-focused funds rather than invest from their existing global pools of capital, VentureWire has learned. Some LPs and VCs with knowledge of the firms’ fund-raising plans said that both Lightspeed Venture Partners and DCM were seeking between $150 million and $200 million for their new funds. Meanwhile, one LP said that Redpoint Ventures was raising $250 million to $300 million and merging its China operation with a local firm led by an ex-partner from Kleiner Perkins Caufield & Byers.

Spirus Medical Inc., which raised $19 million to develop technology to speed diagnosis and treatment of bowel disorders, has been acquired by Olympus Corp. in a deal that will provide a good exit for venture investors. Terms weren’t disclosed, but a general partner of Spirus backer BioVentures Investors said the agreement will provide a nice return for investors. The company’s other backers included Point Judith Capital and Village Ventures.

Like Button

Are we becoming slaves to the “like” button, the retweet and the thumbs up — and now the Google+ “plus one” button? In a recent piece in the Wall Street Journal, writer Neil Strauss argues that we are, and that all of this implicit and explicit voting that takes place in social networks is encouraging a kind of vicious conformity. We no longer reveal our true selves online, he says, because so many of us are obsessed with judging our conduct based on whether it is approved by our friends, followers or social graph. But is that true? And if so, is it social networking’s fault?

Strauss argues that widespread use of social-networking features such as the “like” button, the retweet and the +1 button that is part of the new Google+ are effectively training us to only respond to things that have become popular — and to govern our own behavior so that it gets more likes and retweets, which he says effectively suppresses any unusual or controversial opinion in favor of the mainstream or predictable.

Cars

Many major cities have seen a decline in driving over the past few years. The reasons for this are varied, but if it's a continuing trend, it's going to mean drastic changes for the way we shape our cities.

Even oil companies admit that we are reaching peak oil--the point when the maximum rate of petroleum production is reached and begins to go into an unstoppable decline. But one thing would, at least somewhat, mitigate that problem. We may have also reached peak car usage in our major cities.

 Bai Fan, 27, chief executive of the London-based media company C Cubed Media,is optimistic about the future. (Yui-tak Wan/ For China Daily)

Post 1980s generation run the extra mile to carve their business niche

LONDON – China’s post-1980s generation, a group numbering more than 200 million, have often been labeled as spoiled, money worshippers or apathetic. But the under 30s generation have also been the trailblazers of Chinese entrepreneurship across the seas.

Most of the success stories are often tales of braving the odds and of hard work and a keen eye for business. But they are also the stories of those who have tested the murky waters and managed to carve a niche for themselves.

Optivia Logo

Get most biotech executives talking about the FDA, and they usually tiptoe around with diplomatic sound bites, or maybe they’ll grumble about what they consider unreasonable burdens and arbitrary decisions by the U.S. drug regulatory agency.

The guys at Menlo Park, CA-based Optivia Biotechnology have a completely different take.

“The tougher the FDA gets, the better our business gets,” says Peter Milner, Optivia’s co-founder and executive vice president of corporate development.

Optivia, a company started four years ago with only about $500,000 in seed capital to date, has grown from one man’s idea in a garage into a profitable company with about 30 employees and a roster of 50 customers from Big Pharma, biotech, and academic research labs. Optivia has grown up based on a proprietary lab test that looks at transporter proteins that shuttle drugs, nutrients, and other substances in and out of cells. The field of research was pretty obscure when CEO Yong Huang got the company started in his garage (literally), but it has encountered some good fortune over the past year as the FDA has become increasingly vigilant in asking drugmakers to study the effect their compounds have on certain transporter proteins.

SSTI

2009 Data from SBA's The Small Business Economy 2010, Tables A-4 and A-5 View Data for 2004, 2005, 2006, 2007 and 2008

Download the Excel version of this table and full data on business creation and deaths, and business churn rates by state here.

Useful Stats: State Rankings for Business Churning, 2005-2009

Old Man

The bane of all individual independent researchers is the moment when one must put pen to paper to frame the next grant proposal from an ill-formed idea. Independent of the quality of idea – whether innovative, transformational, or really dumb, the first step for the researcher is always the same: send money! We’re all familiar with this terse communication from our children away at college. Nobel Laureate Richard Smalley, one of our nation’s leading experts in nanotechnology before his untimely death, was also fond of pitching this message at the end of his energy talks. He, of course, provided his lab address as the location to “send money.”

But why is the message “send money” the next step when a new idea emerges? No one doubts the aphorism that innovation through research and development requires funding. And no one doubts that grantsmanship by faculty members is the key determinant for tenure and promotion, often independent of the quality of the research or its relevance for the American innovation ecosystem. But why is “new” money needed to pursue a “new” idea. Why not use “old” money already in the system? The answer is surprisingly simple. The American system for funding R&D in our universities has become so accountability laden and so driven by a defined format that innovation through transformational and frontier research has been choked almost out of existence. You can’t use “old” money on a “new” idea.

IPO Watch

On the heels of filing its $750 million initial public offering, online coupon startup Groupon is under heavy scrutiny from critics.

Until recently, most people praised Groupon for its simplistic business model and its incredible growth, which some have called the fastest of any company to date.

Groupon lets users purchase deals for local merchants that usually come at very steep discounts — ranging anywhere from 30 to 80 percent off the regular sale price on food, trips, cheaper drinks at a local bar, etc. The company takes half of the money from every deal sold, which is a pretty easy way to bring in a lot of money without having to get creative.

Letters

For years, the web has consisted of just a handful of fonts, used over and over again — designers, limited by the default fonts on most computers, just slapped some Arial or Verdana, or even the dreaded Comic Sans, onto their pages and carried on. But those choices have become more complex with the advent of modern web browsers that are now capable of supporting many more fonts. As a result, a wide range of companies have sprung up to help web designers deliver really great fonts in their work: the likes of Typekit, Fontslive and even Google. Even since we outlined a few of the options last year, more have appeared, like Fontdeck and MyFonts.

But while these services are great at providing access to fonts, most of them don’t actually make the fonts themselves. That job is left to the foundries, which have to convert their existing libraries of typefaces into web-compatible fonts. Still, that task must be fairly easy, right? After all, surely it’s straightforward to take an existing typeface made for print and translate it into digital form.

Alpha Club founders Eric Chin of Crosslink Capital (L) and Mike Jung of Panorama Capital.

When Eric Chin of Crosslink Capital and Mike Jung of Panorama Capital started the Alpha Club in 2006, there was no shortage of networking organizations around Silicon Valley bringing entrepreneurs together with fellow entrepreneurs, investors and corporate executives.

Alpha Club founders Eric Chin of Crosslink Capital (L) and Mike Jung of Panorama Capital. But in their eyes, few of them really served their intended purpose.

“Only about 10% of the time would you run into the right people,” said Chin, a partner at San Francisco-based Crosslink Capital, who founded Alpha with Menlo Park, Calif.-based Panorama Capital Partner Mike Jung. “We thought, ‘What if we can create a highly concentrated environment of C-level executives, Internet and software executives?”

From modest beginnings—the group first met in a restaurant in Palo Alto, Calif., that has since shut down, and financed its first 18 events from Chin’s and Jung’s own wallets—it has grown to include more than 300 members and a 12-person advisory board that plans the group’s now-monthly events. The non-profit club, which has hosted more than 65 events to date, now receives funding from Silicon Valley Bank, SoftTech VC and First Round Capital.

National Venture Capital Association

There must be some way out of here, but venture capitalists around the world say the current level of initial public offering (IPO) activity is too anemic to sustain the venture capital industry in the United States and eight other countries, according to a global VC survey.

In the United States, 91 percent of the venture capitalists surveyed agreed with the softball question: “Is an active IPO market in your home country essential for the success of the venture capital industry?” You might ask yourself, “Who’s going to say no?” But the response from VCs in other countries ranged from 40 percent agreement in Israel to 88 percent in Brazil.

The 2011 Global Venture Capital Survey, conducted jointly by the National Venture Capital Association and the Deloitte accounting and consulting firm, was sent to venture capitalists in the United States, China, India, United Kingdom, Germany, Canada, France, Israel, and Brazil. Of the 347 responses returned, 48 percent were from U.S. venture capitalists and 52 percent were from VCs in eight other countries.

Royal pain: A poisoned picture of Princess Diana came up as high as third in Google Image searches for “royal wedding coverage” on the spring day that her son Prince William got married. Credit: Fox

Not long after Prince William and Kate Middleton exchanged vows on April 29, a 1981 wedding portrait of the groom's late mother, Princess Diana, appeared as one of the top three images for people typing the most popular search term on Google that morning: "royal wedding coverage." But the link was a trip wire. Fraud artists had finagled a malicious website through Google's algorithm. The link led to a hacked page on a Web comic book called Kiwiblitz.com, which redirected the browser to another site—one with a domain name from an obscure Australian island territory and hosted in Sweden. That site displayed a realistic-looking program called "XP Anti-Spyware" that issued bogus warnings—Your Computer Is Infected! A few clicks led to a purported solution, for $59.95: a download of a fix that didn't actually exist.

Chalk up another success for what's generally known as the "fake antivirus" scam. Federal investigators and security experts estimate that its various iterations have extracted at least $1 billion from victims in the past several years, and it has become the most visible manifestation of an overall rise in malicious software, or "malware," distributed online (see charts below). The damage goes beyond the theft of cash: even if you don't pull out your wallet, sometimes merely clicking on the bogus come-ons can deliver other forms of malware that may steal your passwords or conscript your computer into a remotely controlled gang called a botnet. Because it generally relies on fooling people into voluntarily installing malware—a strategy called a social-engineering attack—it can wind up infecting even well-maintained machines, both PCs and Macs. "As a human-level act of deception, it is just classically beautiful," says David Clark, a research scientist at MIT's Computer Science and Artificial Intelligence Laboratory, who was the Internet's chief protocol architect in the 1980s.

Media6Degrees

Media6Degrees (M6D) is a socially targeted advertising startup based in NYC's Union Square. It has raised $26 million from investors and it is on a tear.

The company has rapidly grown to 110+ clients, 70+ employees, and it recently acquired a new floor of office space.

Media6Degrees threw a party to celebrate its expansion and CEO Tom Phillips invited us to join.

David Gergen

Speaking on CNN’s “In the Arena,” David Gergen, an advisor to four U.S. presidents, spoke of his belief that a leader’s job is to address tough issues.

Gergen, author of Eyewitness to Power, The Essence of Leadership Nixon to Clinton, a superb study of presidential power, is correct that the measure of a leader is the willingness to confront problems and seek solutions. That comes down to two factors that are essential to leadership success:

The commitment to action: Action begins with the decision to address a serious issue. You know the issue is a big problem when it has the potential to wreck your business, or alternately, when few people are willing to tackle the issue for fear it will wreck their careers.

Innovation

Bangalore: Are we still copying the West? Aren't we grown up to be called as innovators rather than imitators? This remains to be a hot topic of discussion as many feel that innovations in India are not a very rare activity rather they often go unrecognized while others argue that the habit of imitating the West still haunts India and this will block the Indian minds to venture into real innovative activities.

India is fast growing to a phase where it's already termed as a global innovator for high-tech products and services; however, the innovative potential of the country is largely relatively underperformed. According to the marketing advisory firm Zennov, there has been an 11 percent increase in creating Intellectual Property in India. Indian researchers and companies have been filing 36,000 patents annually. However, the study reveals that India is trailing behind China files around 4,00,000 annual patents which is a clear sign that our immediate neighbor is far ahead of us in innovations despite the fact that large number of patent holders and applicants globally are Indians.

Shirt and Tie

There's more to the corporate hierarchy than pay increases.

There's pretty much a bible of do and do nots on the attire front too.

For example, at Goldman Sachs, you can't wear a pair of Ferragamo loafers if you're an analyst or associate; they're a status symbol, and donning a pair too early is not cool.

Across the pond, we were told bankers shouldn't wear brown ties, as brown isn't a City color.

Hedge funds, meanwhile, are going to immediately judge you if you rock up to work in pleated pants.

network

In a plugged-in, hyperglobalized world, one might expect that our communications networks would allow us to roam widely, cellphones and tablets connected to the matrix, no matter the location. But when it comes to telecommunications pricing, globalization stopped at the border.

A new survey found that international data roaming among the industrialized countries (members of the Organization for Economic Cooperation and Development) costs, on average, $6 to $10 per megabyte — about the amount needed to e-mail a few low-resolution snapshots.

Talking isn’t much cheaper. A similar study two years ago reported that the average price of a three-minute local call in an O.E.C.D. country while roaming internationally was $6.76.

Qiagen Logo

NEW YORK (GenomeWeb News) – Qiagen today announced its intent to acquire molecular diagnostics firm Ipsogen for €70 million ($101 million).

Qiagen has entered into exclusive negotiations with a group of Ipsogen shareholders to purchase about 47 percent of the company's outstanding shares currently held or controlled by company co-founders and board members. After the purchase agreement has been signed and the purchase is completed, Qiagen will begin to acquire all remaining shares of Ipsogen.

Qiagen is paying €12.90 per share to acquire a 47 percent stake in the company and to purchase all remaining shares afterward. The price represents a 71 percent premium to Ipsogen's share price of €7.53 per share on June 13, the last trading day before the deal was announced.

Need for speed: Amit Singhal, Google’s head of search ranking, announces Instant Search at an event in San Francisco.

Google is ready to make waiting for Web pages to load a thing of the past—at least for those pages found using its search engine and the company's Chrome browser. As a user peruses the list of results returned in response to a query, the browser will fetch and load in the background the page it considers most relevant. If a person does click that result, the page will load instantaneously.

The new feature, called Instant Pages, will appear in Chrome and Google's mobile browsers in "coming weeks" but can be experienced today in the developer version of the browser, or later this week in the beta version (the Chrome browser is automatically updated). A video showing the new feature in action has been posted on YouTube.

Venture Wire FASTech

Do you work at an innovative venture capital-backed start-up? Know someone that does?

We’re on the search for the “most innovative” technology start-ups to be featured at our upcoming conference, VentureWire FASTech. VentureWire editors and a venture-capital advisory board are currently sifting through the clutter of me-too start-ups to select 50 venture-backed companies paving a unique path technologically.

Here’s how you can help with the search: Nominate a company to be included as one of “The FASTech 50” and we will present it to our selection committee. You might find your pick invited to present at the event! In order to be considered, you must use Twitter to tweet this post along with the company name and the #FASTech50 hashtag. As an example:

I’m nominating [FILL IN COMPANY NAME] for “The FASTech 50″ list of most innovative companies! http://on.wsj.com/lc42MJ #FASTech50

Parental Advisory

Now I know why I curse more than I should (Isn’t it great when research backs up apparently unacceptable behavior?).

A study from a few years ago indicates swearing can boost team spirit. According to Professor Yehuda Baruch of the University of East Anglia, preventing workers from swearing could also have a negative impact on their team spirit.

Except in front of customers of course; in that case swearing will have a very different impact.

And if the cursing is directed at another employee. And—okay, you get it. There are limits, and there are definitely situations where cursing is never appropriate. Like most things, the right time and place is everything.

Diabetes and Obesity

Obesity among people who eat a high-fat diet may involve injury to neurons, researchers at the Diabetes and Obesity Center of Excellence at the University of Washington have shown.

The researchers studied the brains of rodents for the short-term and long-term effects of eating a high-fat diet. After giving groups of 6 to 10 rats and mice a high-fat diet for periods from one day to eight months, the researchers performed detailed biochemical, imaging, and cell sorting analyses on the animals’ brains.

Cybersecurity

WASHINGTON, June 9, 2011 – The Department of Commerce released its Cybersecurity, Innovation and the Internet Economy green paper on Wednesday, advising cooperation between the government and private sector to implement ways to address cybersecurity issues.

The Internet Policy Taskforce, a department-wide group created in April 2010, wrote the green paper with the goal of addressing the pressing issues surrounding cyber security.

Global online transactions have grown annually and currently account for $10 trillion in global trade. There has also been an increase in malware; between January 2009 and December 2010 the number of malware attacks doubled. In 2010, there were 55,000 new viruses, worms, and spyware threats.

Sleeping with Peanut Butter

How well would you say you know your consumer--not just the broad-stroke stuff, either, like their income or marital status.

How many of them brush their teeth in the shower? (Answer 4% of the general consumer populace.)

How many of the teenagers routinely grab a box of cereal on their first day at college, empty it into a bowl and then begin munching away? (Answer: 37% of first-year students, and it makes them feel closer to home.)

Why do so many women bypass the first toilet in the bathroom mall and urgently head directly into the second stall? (Answer: It seems the majority of women believe that the second seat is the cleaner one. Ironically, this leaves the first toilet relatively untouched, and many a toilet in the first cubicle still bears the "sanitized for your protection" notice.)

Golden Shovel

It's not easy winning big investment projects, especially in a recovering economy where states are desperate for jobs and competing fiercely with incentive packages, tax breaks, and work force development programs. Successful economic development leaders must make every effort to understand the drivers behind a company's expansion or relocation, match their assets to the company's needs, and make quick decisions. Only then can they survive the often-strenuous due-diligence process and close deals on high-value investment projects that lead to long-term economic growth, job creation, labor stability, and trustworthy relationships — and even the possibility of national or international recognition as a place to do business.

Twitter Logo

Twitter has been developing a lot of new core products recently that used to be filled through third-party applications. Yesterday, the company introduced a new feature to Twitter.com - automatic link shortening.

If you wanted to shorten a link within Twitter.com before, you had to use a link shortening service like Bit.ly or TinyURL and paste the link into the "New Tweet" field. Twitter will now truncate URLs that are longer than 13 characters and give them a t.co ID (Twitter's URL shortening handle) while keeping the original URL intact so you know where the link originated.

Toms Glasses

Toms Shoes--the canvas shoe company that pioneered the "buy one, give one" model now copied by nearly everyone--is debuting a brand new "one for one" idea called Toms Glasses. Buy one pair and people in the developing world, who have just as bad vision as we do but little access to ophthalmologists, will get free glasses, medical treatment or surgery.

Could it mean a change of title for founder Blake Mycoskie, Toms's Chief Shoe Giver? (We kid.) Mycoskie says that his travels in the developing world revealed a new problem: "What we've seen with our shoes is that they really help people with two basic needs: education and being able to work and have a livelihood." Improving sight has the same affect. Children who can't see in school can't learn; older workers who lose their vision can't work. And it's a large problem. There are 284 million people around the world who are visually impaired, and 39 million who are blind.

SnapIt

If you are tethered to your eyeglasses so you can see like I am, I do not need to tell you how frustrating it is when they fall apart. Many people have searched for ways to make it easier to put glasses back together, and Nancy Tedeschi is no different.

Nancy created an eyeglass repair kit that is a little different form what most people find in the store, reports The Wenatchee World.

Nimble power: GE’s new gas turbine, shown here in a cutaway rendering, is both highly efficient and able to change power output quickly to compensate for the variable output of solar plants and wind farms. Credit: GE

GE has announced the first power plant to integrate wind and solar power with natural gas—a 530-megawatt plant that will start operating in Turkey in 2015. The power plant is made practical by a flexible, high-efficiency natural-gas system the company announced two weeks ago and a solar thermal power system created by eSolar, a Burbank, California-based startup that GE recently invested in.

Such hybrid plants may become the dominant type of new power plant in some parts of the world, GE says. The new technology is aimed at countries that use 50 hertz electricity (the United States uses 60 hertz). In particular, it could make it easier for China and the European Union to meet their renewable energy targets.

Proposed New Apple Campus

Steve Jobs gave a speech to the Cupertino City Council to get them to give them approval for a new Apple campus. It looks like "a spaceship just landed there," Jobs said.

And indeed it's a very ambitious thing. It's one giant building that would hold 12,000 people. The building is circular with "not a straight piece of glass"--all curved.

It's also interesting to see Jobs in "pitch mode" outside of the regular keynote speech setting. He's much more low-key, because he knows the city council can screw his project if they want to. He's still salesy, but doesn't use words like "magical" or "insanely great."

Economic Gardening

In one of those too-strange-to-be-true coincidences, Florida Governor Rick Scott vetoed funding for the state’s cutting edge UCF GrowFL economic gardening program. This hard on the heals of the National Economic Gardening Conference held at UCF last month. The Daytona Beach News-Journal carried some reactions:

Economic gardening is a new approach and alternative to traditional economic business development. It uses high-end corporate level tools and cutting edge scientific concepts to help companies do such things as identify markets, monitor markets and track industry trends.

Officials estimate that between 5,000 and 7,000 companies statewide were eligible for the help. Several in Volusia County have participated in the program.

One firm, Mediatech of Holly Hill, was just recently notified that it had been accepted into the GrowFL program.

Hotter Summers

The tropics and much of the Northern Hemisphere are likely to experience an irreversible rise in summer temperatures within the next 20 to 60 years if atmospheric greenhouse gas concentrations continue to increase, according to a new climate study by Stanford University scientists. The results will be published later this month in the journal Climatic Change.

In the study, the Stanford team concluded that many tropical regions in Africa, Asia and South America could see “the permanent emergence of unprecedented summer heat” in the next two decades. Middle latitudes of Europe, China and North America – including the United States – are likely to undergo extreme summer temperature shifts within 60 years, the researchers found.

Apple iCloud

Apple's Steve Jobs extended his company's technology in a new direction today by announcing iCloud, a service that means music, photos, and documents saved onto an Apple device will soon appear almost instantly on any other Apple product that a person owns.

"Apple's iCloud works in the background to keep music, photos, and documents in sync across all Apple devices, mobile or otherwise," said Jobs. He announced the new service at the annual WWDC conference, an event aimed at developers who create software for Apple products. New versions of Apple's desktop and mobile operating systems, OS X Lion and iOS 5, respectively, will contain iCloud and move it to the heart of the company's. Lion is to be released next month and iOS in the fall.

Prizes

This is the second in a series of posts about financing options for startups. By "financing" I mean obtaining cash to fund your business. There are all sorts of strategies to avoid needing funding, but this series is not about them.

I did not have this option in my original list but it was suggested so many times in the comments that I added it. This is an option that has become a lot more available to entrepreneurs in recent years. There are so many programs out there that target entrepreneurs where the winner(s) is/are awarded cash prizes or small equity investments.

Four Types of CEOs

Every year, Booz & Company takes a long and penetrating look at CEO succession among the world’s top 2,500 public companies. Our research now goes back consecutively to 2000, giving us 11 years of perspective on the tenure and position of these global business leaders. Each year we consider a new dimension in our study of CEO succession. This year, we looked at the role of the CEO and its effect on tenure and turnover. How hands-on are the CEO and his or her senior team? How do they engage themselves with the businesses they lead? We found that these factors have a noticeable effect. The more involved headquarters is in operational decision making in any given company, the more tenuous the CEO’s tenure is likely to be.

mobile banking

BERKELEY -- When Michelle Fisher got her first patent May 27, it wasn't because she had not come up with new ideas before.

The CEO of Blaze Mobile decided to create for her own enterprise rather than innovating for larger companies.

Blaze Mobile's patent is for what the Stanford and Berkeley trained industrial engineer calls a "mobile wallet."

She says, "Blaze combines the power of mobile commerce with all the things consumers love about retail shopping, watching movie trailers, purchasing tickets, points of interest with turn by turn instructions, maps, banking services and much more."

The arduous four-year process took a turn for the better when she took the unusual step of personally visiting the patent examiner in Washington, D.C. to explain her discovery.

LOOKING AHEAD: Mayor Thomas M. Menino, center, chats with Heartland Robotics CEO Scott Eckert, left, and Buzzient CEO Tim Bernard Jones before speaking on the city’s future at a Boston College Citizen Seminar.

Mayor Thomas M. Menino laid out a bold plan yesterday to attract start-up companies and venture capitalists to Boston’s budding “Innovation District,” while also promoting the city’s solar energy future.

Taking a page from Cambridge, but adding a public sector twist, the mayor declared, “We will be one of the first cities in the world to have a public innovation center, a place that fosters this type of collaboration (between start-ups).”

In a speech to the Boston College Chief Executives’ Club yesterday, Menino also said he will launch “Venture Boston,” an initiative to encourage venture capital firms — now mainly clustered in Waltham or Cambridge — to move to the South Boston waterfront district.

Cellphone

Cellphone users have every right to be befuddled. Just last year, a major study in 13 countries found no clear evidence that exposure to the radiation from cellphones causes brain cancer. Yet, this week, a panel convened by the same agency, the International Agency for Research on Cancer, declared that the radiation is “possibly carcinogenic” to humans. It made this pronouncement by press release before publishing a monograph that will lay out the basis for its concerns — and will give independent scientists their first chance to evaluate this new judgment.

The agency, a unit of the World Health Organization, based its determination on what it called “limited evidence” that heavy users of cellphones had an increased risk of developing a rare brain tumor known as a glioma. Cellphones were placed in a “possibly carcinogenic” category that also includes pesticides, dry cleaning chemicals, engine exhaust, lead, pickled vegetables and coffee.

LinkedIn Apply With LinkedIn

LinkedIn is preparing to launch a plug-in for employers’ websites called “Apply With LinkedIn” that will allow job candidates to apply for available positions using their LinkedIn profiles as resumes. The feature indicates LinkedIn’s increasing focus on making money by facilitating employee recruitment and hiring.

LinkedIn is currently in talks with a number of companies that will incorporate the “Apply With LinkedIn” plug-in on their jobs pages for the feature’s launch, which is slated for later this month, according to a source briefed on the feature.

“Apply With LinkedIn” is being touted by the company as a way to remove friction from the job application process by enabling people to use their LinkedIn profiles as resumes. The plug-in also bundles applicants’ data to simplify the sorting process on the employer side.

SBIR Gateway

With your help and a ground swell of support S.1082, "The Small Business Additional Temporary Extension Act of 2011" has passed overwhelmingly, thereby extending SBIR/STTR/CPP "as is" though September 30, 2011. The President will quickly sign this bill and there will be no lapse in the SBIR programs.

Repeat: SBIR/STTR/CPP are now extended through the end of the fiscal year, September 30, 2011.

Preliminary vote count:

The bill was passed 387 / 33

Republicans 224 / 11

Democrats 163 / 22

ecommerce

How does e-commerce affect developing countries? Google was curious about that question and others when the company commissioned the Boston Consulting Group (BCG) to analyze the “nature and size of commercial activity on the Internet” and its overall impact on Russia’s economy. “Russia Online: How Internet is Transforming the Russian Economy” was released this month and indicates, among other things, the tremendous potential for growth in Russia’s Internet economy.

Besides asking how does e-commerce affect developing countries, the report addresses these primary topics:

  • The size of the Internet economy in Russia and its growth prospects;
  • The impact of the Internet on the development of industries and companies;
  • and How businesses and individuals benefit from the Internet.

Blood Image

After federal officials announced on May 26 the halting of a trial probing whether Abbott Laboratories' formulation of the B vitamin niacin can help prevent heart disease and strokes, scientists and physicians were left with an immediate follow-on question. Specifically, was this event just another nail in the coffin of the premise on which that trial was based, the so-called HDL Hypothesis?

On the surface, the basic conjecture, the idea that raising high-density lipoprotein cholesterol (HDL-C) can help prevent cardiovascular disease, is well-grounded in science. Studies have shown that people with high levels of HDL experience less heart disease. So that should mean that raising HDL, which shuttles cholesterol from artery walls back to the liver for excretion, should prevent cardiovascular problems as well. In recent years, that notion has become a big maybe, what might be re-titled as the HDL Conundrum.

Tiny Bubbles

A new study from University of Miami (UM) Rosenstiel School of Marine & Atmospheric Science scientists Chris Langdon, Remy Okazaki and Nancy Muehllehner and colleagues from the Australian Institute of Marine Science and the Max-Planck Institute for Marine Microbiology in Germany concludes that ocean acidification, along with increased ocean temperatures, will likely severely reduce the diversity and resilience of coral reef ecosystems within this century.

The research team studied three natural volcanic CO2 seeps in Papua New Guinea to better understand how ocean acidification will impact coral reefs ecosystem diversity. The study details the effects of long-term exposure to high levels of carbon dioxide and low pH on Indo-Pacific coral reefs, a condition that is projected to occur by the end of the century as increased man-made CO2 emissions alter the current pH level of seawater, turning the oceans acidic.

“These ‘champagne reefs’ are natural analogs of how coral reefs may look in 100 years if ocean acidification conditions continue to get worse,” said Langdon, UM Rosenstiel School professor and co-principal investigator of the study.

Building

Liam Octavius praemuniet apparatus bellis, et satis verecundus fiducias imputat ossifragi, ut saburre insectat Aquae Sulis. Syrtes fermentet Caesar, et umbraculi circumgrediet chirographi. Incredibiliter fragilis ossifragi agnascor saburre. Optimus saetosus matrimonii corrumperet umbraculi.

Oratori iocari Octavius, quamquam agricolae adquireret pretosius syrtes, et cathedras senesceret verecundus suis. Tremulus quadrupei conubium santet Octavius.

Bellus saburre praemuniet Medusa, utcunque catelli lucide suffragarit suis. Fiducias adquireret umbraculi. Perspicax agricolae agnascor utilitas ossifragi, et Caesar conubium santet tremulus.

Syrtes agnascor adlaudabilis rures, ut oratori imputat cathedras. Matrimonii frugaliter circumgrediet lascivius zothecas, semper fiducias praemuniet ossifragi. Zothecas plane comiter deciperet chirographi, ut utilitas umbraculi iocari Pompeii. Pretosius zothecas praemuniet tremulus umbraculi. Vix perspicax zothecas corrumperet Octavius, quod agricolae iocari cathedras. Cathedras suffragarit Medusa, quamquam aegre tremulus syrtes praemuniet lascivius.

Kickstarter.com

I am a big fan of fast growing crowd funding platform Kickstarter, arguably one of the most disruptive and innovative platforms to emerge for the creative community.

Less a technology site, more a socio-cultural movement, Kickstarter is changing how we make things, how we turn dreams into reality and make ideas come to life. While a lot of people focus on Union Square Ventures’ Fred Wilson’s big name portfolio of Twitter, Zynga and Foursquare, I would argue, Kickstarter is the one that transforms the very idea of commerce.

On his blog, Author/publisher Craig Mod tells the story of how folks pledged $24,000 for Art Space Tokyo, a book he co-wrote with Ashley Rawlings, on Kickstarter. I think this quote sums up everything that is awesome about Kickstarter and why it works.

Practice Fusion Logo

MENLO PARK, Calif., May 25, 2011 /PRNewswire/ -- Morgenthaler Ventures, a leading venture capital firm, announced today a nationwide contest called "DC to VC: HIT Startup Showcase" to find the best startup ideas in health information technology (HIT). The competition is open to any US entrepreneur seeking seed or Series-A funding for startups that are applying cutting-edge technology to improve the quality and delivery of healthcare. Applications are being accepted today through August 9, 2011 at www.dctovc.com. Ten finalists will be selected and offered the chance to present in front of 200 venture capitalists, angel investors and entrepreneurs on September 22, 2011.

Held at Microsoft's auditorium in Mountain View, the HIT Startup Showcase will include presentations by Washington, DC policymakers as well as leading VCs and angel investors. Last year's DC to VC summit featured keynotes from Aneesh Chopra, chief technology officer of the United States and Todd Park, chief technology officer of the Department of Health and Human Services.

ROCHESTER, N.Y.— Area business leaders, professionals and educators will be in attendance at this year’s Eyes on the Future Summit, taking place on Friday, May 20 at St. John Fisher College. The event, hosted by Greater Rochester Enterprise (GRE) and the Small Business Council of Rochester (SBC), an affiliate of Rochester Business Alliance, begins at 7:00 AM with the Eyes Expo, a business networking event. The summit panel discussion begins at 8:30 AM, and will emphasize the role of innovation in business, education and economic development.

“This year’s panelists represent leading experts in innovation, education and business from across the state and the nation,” said Staci Henning, Marketing Director, GRE, and committee chair, Eyes on the Future 2011. “Their insights and perspectives will provide attendees with a comprehensive look at the Greater Rochester region’s business environment and steps to ensure future success.”

It seems to be an accepted fact these days that big companies normally innovate by buying a startup with innovative products, rather than focusing on in-house innovations. This is a good thing for entrepreneurs and investors, who can win big, but it’s not a given. I see many startups who seem satisfied with a “me too” approach, building yet another social network or e-commerce site, rather than being truly innovative.

Much has been published on this subject, including a new book “Look at More: A Proven Approach to Innovation, Growth, and Change” by Andy Stefanovich, which is really a guide to established companies for unleashing creativity within their organizations. He asserts that the problem is lack of inspiration, and he supports this with twenty years of real case studies from his own experience.

People always ask me how The Value Game will work and how The Value Game will scale, and how The Value Game will make money. These are great questions, albeit straight from the b-school crib sheet; good questions nonetheless.

At first glance, The Value Game as we are deploying in Social Flights looks like a rich kids party barge. The idea is that people can share an airplane just like they did with that stretch limo on prom night. Yes, the idea is the same – the jet is a shared asset and status on prom night is special.

Do you enjoy eating? Then you may not be too happy if bee populations plunge. That's because out of the 100 crops that provide 90% of the world’s food, over 70 are pollinated by bees--and according to the UN, local drops in the bee population are being reported by beekeepers all over the planet. And the whole thing may be our fault: A new paper (PDF) from Swiss researcher Daniel Favre claims that part of the problem is our obsession with cell phones.

According to Favre, a researcher at the Swiss Federal Institute of Technology, phone signals may confuse honeybees so much that they become fatally disoriented. Favre and his team performed 83 experiments that recorded honeybees' reaction to nearby cell phones in off, standby, and call-making mode. The result: Honeybee noise increases by 10 times when a phone call is made or received. Normally, an increase in noise, or "worker piping," is used as a signal for bees to leave their hives. But in this case, it just makes them confused. Favre explains:

Worker piping in a bee colony is not frequent, and when it occurs in a colony, that is not in a swarming process, no more than two bees are simultaneously active (Pratt et al. 1996). The induction of honeybee worker piping by the electromagnetic fields of mobile phones might have dramatic consequences in terms of colony losses due to unexpected swarming.

Air TrainA robotic prototype of a free flying ground-effect vehicle has been developed by a Japanese research group at Tohoku University.

The ground-effect vehicle takes advantage of fast-moving air and uses stubby little wings to fly just above the ground, like a maglev train. The vehicle is controlled more like an airplane than a train; the operator has to deal with pitch, roll, and yaw as well as a throttle.

The researchers are looking to use this robot to generate a dynamic model of how vehicles like these operate, which they hope to apply to a manned experimental prototype train that can travel at 200 kilometers per hour in a U-shaped concrete channel that keeps it from careening out of control.

Our immigration policy puts us at a disadvantage. Click image to expand.This winter, George Mason economist Tyler Cowen published The Great Stagnation, an ebook arguing that the United States has exhausted all its easy sources of growth. We have, Cowen says, no more low-hanging fruit: no more cheap frontier land to farm, no more places to build new interstates, no rural homes to electrify, no more girls to send to school and then add to the workforce. From now on, Cowen says, growth will be slower, and transformative innovations like toilets and telephones will be rarer.

Cowen is alarmingly convincing, and The Great Stagnation received a round of queasy applause from the chattering classes—including from this publication. But maybe there remains one last shiny, fat apple hanging right in front of our faces, one last endeavor that would bring us fast, costless, and easy growth. It is immigration reform. The United States can grow faster by stealing the rest of the world's smart people.

The “Innovation Union” – the flagship initiative of the Europe 2020 Strategy- stresses the role of human capital at the very core of innovation. As innovation is driven by people, talent and ideas, Europe needs skilled people and seamless knowledge flows. The Commission has therefore committed itself in the “Innovation Union” to promote excellence in education and skills development via, inter alia, Knowledge Alliances, which are structured partnerships between education institutions and innovation players.

Recognising the importance of the Knowledge Alliances concept outlined in the Innovation Union flagship, the European Parliament (EP) decided to allocate 1 million euros to a pilot action for testing out this concept. The call for proposals to implement the EP pilot project has now been published with a 30 June 2011 deadline.

The European Commission has given the go-ahead for the €700 million construction of three pan-European research infrastructures to support the biological sciences, funded by national governments and the EU.

In the first, France will coordinate the development of infrastructure for studying how ecosystems respond to environment and land-use change, while the UK will lead the on the creation of an infrastructure to integrate systems biology capabilities to promote applications in pharmaceuticals, healthcare and agriculture. The third new infrastructure, to be jointly handled by France and Germany, will build a reference collection of viruses, bacteria and fungi and make it available to scientists across Europe, for research on infectious diseases, crop pests and bio-security.

StartUp America is President Obama’s policy of choice to kick start jobs growth in the United States. StartUp America Partnership is a private sector initiative to help out. How closely related are they and what do they mean for innovation in America? We talked to Lesa Mitchell, VP Innovation at the Kauffman Foundation, one of the architects of the partnership.

IM: Is StartUp America partnership endorsed by The White House?

Absolutely. Over the past year the Kauffman have had a close dialogue with the Office of Science and Technology Policy relative to their interest in how to create new firms and how to grow new firms. Through StartUp America they’ve brought together leaders from across the US Administration who are anyway supported of entrepreneurship and are looking for a better return on investment dollars. They reached out to us with a view to how they could work with the private sector and how that could provide more flexibility.

CHICAGO--(BUSINESS WIRE)--A cross section of the Chicago region’s foremost business, education, government, and civic leaders comprise the newly created Board of Advisors of the Chicago Innovation Awards.

The Chicago Innovation Awards, established in 2002, recognizes the region’s most innovative new products and services in the public, private and nonprofit sectors. It has grown each year and the 2010 awards drew more than 330 nominees. What began as a one-evening event now encompasses a series of events that occur throughout the year, bringing thousands of innovators and their supporters together.

Members of the new board have agreed to advance the important work of the innovators and to extend the reach of their efforts. Among the board members are Kevin Willer, CEO of the Chicagoland Entrepreneurial Center; Matt McCall, a partner in New World Ventures; Rocky Wirtz, president of Wirtz Corporation and chairman and owner of the Chicago Blackhawks; and Philip Kotler, distinguished professor of International Marketing at the Kellogg School of Management.

I'm wandering a bit on MBA Mondays right now. I don't have a strong view of where to take this thing next. So I'm just going to post about stuff I think people should understand until I find the next vein we can mine for a while.

Today, I'd like to talk about ordinary income vs capital gains. This is not tax advice. I am not a tax lawyer or a tax accountant. I hope both tax lawyers and tax accountants show up in the comments as this is important and complicated stuff.

When you think about the various ways you can make money, two ways predominate. You can provide services to others and get paid for those services. That is ordinary income. And you can invest in something; shares of stock, a building, a domain, and then sell it later for more. That is a capital gain.

Amar Bose, the wealthy founder of the audio-technology company that bears his name, has donated a majority of the privately held company’s stock to the Massachusetts Institute of Technology, with an unusual proviso: The shares are nonvoting and may not be sold, so MIT will neither control nor participate in running the Bose Corporation, but it will benefit from the receipt of cash dividends. According to an MIT statement, the university plans to use the money to “sustain and advance” its “education and research mission.” It did not place a value on the gift. Mr. Bose, who earned three degrees at MIT and served on its faculty from 1956 to 2001, founded the company, which is known for its high-end equipment, in 1964. He will remain its chairman and technical director. The New York Times quoted several tax experts as saying the gift raised questions stemming from its resemblance to tax-avoidance schemes that the Internal Revenue Service has outlawed, but an MIT spokesman denied that allegation.

/uploadedImages/RD/News/2011/05/FIRSTRobotics2-large.jpgOver the weekend, will.i.am, Morgan Freeman, Aneesh Chopra, assistant to the president chief technology officer of the U.S. and 25,000 fans, families, educators and industry leaders celebrated students’ engineering prowess at the annual FIRST (For Inspiration and Recognition of Science and Technology) Championship.

Three teams from San Jose, Calif.; Schaumburg, Ill.; and Atascadero, Calif., won the final showdown, earning the coveted FIRST Robotics Competition Championship Winning Alliance, April 28-30, at the Edward Jones Dome in St. Louis, Mo. Several other FIRST student robotics teams earned honors for design excellence, competitive play, teamwork and partnerships. A not-for-profit organization founded by inventor Dean Kamen, FIRST inspires young people’s interest and participation in science and technology.

“We continue to be impressed by the level of dedication, collaboration and the high caliber of problem-solving skills among our FIRST students,” said Kamen. “These young innovators will be handling the complex challenges of the 21st Century and bolstering our global economy with new research, inventions and jobs. Every year, we celebrate the achievements of the best young minds in science and innovation at the FIRST Championship.”

Unveiled Friday, Stanford University's new Graduate School of Business campus cost a stunning $345 million.

But if it performs as well as its average graduate, it will be worth billions.

While most U.S. business schools have been slow to respond to seismic cultural changes -- globalism, technology and entrepreneurship -- the school, nicknamed "GSB," caught on early, making major curriculum changes that set the stage for its ascension as an international leader.

It finally has a home to match its ambitions.

At a sun-drenched dedication to mark the opening of the eight-building complex, set on 12.5 acres of prime real estate between Campus Drive and Serra Street, major donor and alum Phil Knight paid tribute to the intellectual birthplace of Nike.

After international marketing guru Geoffrey Moore finished his one-hour talk to a group of technology entrepreneurs at the Delta Beauséjour Hotel on Wednesday afternoon, the president and CEO of Shediac's IT company InteliSys Aviation Systems left more than a little inspired.

"I've already planned an intensive planning session with my company and I plan to bring what I've learned here, there," said Jock English.

English is president and CEO of InteliSys, a 21-employee business that provides IT solutions for airlines all over the world. He among about 60 representatives of tech businesses, mostly from New Brunswick, who attended the conference, which also included morning workshop and one on one consultations in the afternoon. The event was organized by innovation intermediary Tech South East.


StartupAddict a haven for entrepreneurial superheroes thwarting the forces of mediocrity just released a complete redesign to its’ website funding platform. StartupAddict.com the original crowdfunding site now makes it easy to harness the power of the crowd to fund startups.

In the spirit of the American Startup Partnership Initiative, StartupAddict has one simple mission: No good idea will be left unfunded. Now anyone can be an pseudo Angel and help American startups for the price of their Monday morning Latte. StartupAddict enables passionate entrepreneurs across America to utilize the crowd for funding and in the process create thousands of start ups and potential jobs.

Smile & Move PosterHi, Everyone. I wrote 3 little books that are being used by thousands of people and companies to encourage more positivity, kindness, effort, and accountability at work.

Maybe one of them is something you could use with your team (or just for yourself). There's an inspiring video version of each book, a do-it-yourself training program that you can deliver, or we can come to your place and work with your people.

Addressing captains of industry from south India in Chennai recently, Union Home Minister,Mr P. Chidambaram, mentioned three important deficits that India Inc needs to pay attention to — regulatory, governance and ethical deficits — in order to ensure8-10 per cent annual growth in the coming years.

Apart from not defining the Government's role in erasing these deficits, the Minister failed to mention yet another important deficit — namely, the innovation deficit that Indian industries face despite the economic liberalisation that began in 1991.

And yet, this deficit has perhaps the maximum strategic implications for the industrial productivity and global competitiveness essential for economic growth.

That the economic status of a country has a direct bearing on the level of innovation prevailing in it is obvious from the fact that the US, which for several years (until 2007) occupied the No. 1 position, slipped to No. 11 following the economic downturn from 2007 to 2010, according to a report from the international business school INSEAD in Fontainbleu, Paris.

Lot18, a flash sale site for wine, launched publicly last November with a $3 million Series A round.

While he won't reveal exact numbers, cofounder Philip James says his company is generating 7-figures in sales every month.

We asked James how he's scaled the company to millions so quickly.

Increase company-size at a rapid pace:

"We’ve only been around 5.5 months. We had six people at launch, and that’s including the two founders.

Obsolete technologies don't die right away, they just move to places like India. Such was the case with typewriters, which were produced by Godrej & Boyce in Mumbai until recently.

Now the typewriter era is officially over.

Godrej & Boyce's Milind Dukle tells the Business Standard:
"From the early 2000 onwards, computers started dominating. All the manufacturers of office typewriters stopped production, except us. Till 2009, we used to produce 10,000 to 12,000 machines a year.

The idea: Bridg.me makes conference calling as easy as using Google Calenders.

Just create an event, enter the phone numbers of all participants and the hashtag #bridg. Bridg.me will call everyone at the scheduled time.

Whose idea: Justin Heilman and Jagdish Repaswal

Why it's brilliant: It's annoying to jot down all of the numbers needed to dial in. It's also frustrating to wait for other participants to arrive. Sometimes they forget and you're stuck waiting forever. This feature solves both of those problems.

I first learned about value pricing as a product manager at Metcal. At that time the company was a startup making high end hand soldering equipment for PCB assembly houses. To give you an idea of how high end, at that time a Metcal soldering station sold for 5x that of competitive units, and the consumable tips were 10-15x that of the competition in what most would call a commodity market. Yet, in eight years, the company went from being the #8 to #2 market share player.

Now while there were many reasons for the company's success - superior technology, ergonomically friendly design, robust product quality, etc. - the killer app in the company's sales arsenal was a customer value analysis created by one of the sales managers. This simple spreadsheet model translated the product's feature/benefits into a quantified customer value proposition.

I recently sat down with Matt Coffin, the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked "startups."

Matt is one of the most transparent, focused & honest startup guys you'll meet.

You can watch him on YouTube, download in iTunes (for gym or commute) 3/31/11 edition.

Or read the quick, informative summary below the image!

Andreas and Aris Persidis love to tackle big problems. As graduate students in the 1980s, the two brothers—a naval architect and a biochemist, respectively—would spend long nights knocking around ideas for how to engineer a better propeller or a sleeker keel, tangible challenges involving multiple factors and many data points.

A decade later, the brothers turned their sights toward the big problems of a new discipline, one where data were beginning to pile up. “We thought, ‘Why don’t we use engineering theories and techniques to attempt to address some of the unbelievably complicated questions in biomedicine?’” recalls Aris Persidis. “Someone had to do something like this, so we decided to give it a go.”

College communications, alumni relations, and marketing professionals all seem to agree that using social media is crucial to the future of branding and fund-raising in higher education. But they still lack the staff and expertise to do what they think they could with Facebook et al., as well as the analytical tools to figure out whether what they are doing has any real value.

This is according to a survey being released today by the Council for Advancement and Support of Education (CASE), in conjunction with the consultancy mStoner and the commercial research firm Slover Linett.

Stories and initiatives on creating innovative cultures, encouraging multi-disciplinary thinking, enabling open innovation and co-creation, and developing internal structures that allow bottom-up problem-solving signal a new era of responsible and meaningful business. Six Stigma is out – design thinking is in. But is design thinking enough?

As a product designer turned business strategist, I know a thing or two about the contradictory values of the design and business disciplines. I dare to summarize by categorizing one as embracing inspiration and creativity, while the other is about cold hard facts and validation.

These two value sets seem like oil and water – they just don’t mix. But we shouldn’t be choosing between the two and taking sides – I believe that one approach cannot live without the other. In encouraging meaningful change within organizations and society as a whole, innovators must balance the inspiration and hope of design advocacy with the solid execution that business excels at.

BOSTON — With a brisk wind at his back and a determined countryman on his shoulder to push him down the stretch, Geoffrey Mutai of Kenya pulled away from Moses Mosop in the final quarter-mile Monday to win the 115th Boston Marathon. His time, 2 hours 3 minutes 2 seconds, was the fastest marathon run by nearly a minute, and it smashed the course record, set last year, by nearly three minutes.

Mutai, running the hilly 26.2-mile course for the first time and in ideal conditions, beat the internationally recognized world record, 2:03:59, set in September 2008 in Berlin by Ethiopia’s Haile Gebrselassie, who benefited from having pacesetters. Boston does not allow pacesetters.

Mosop finished four seconds behind Mutai on Monday.

The time is not considered a world record, however, because the Boston course is not sanctioned as being record-eligible by the International Association of Athletics Federations, track and field’s world governing body.

Carmela Cuomo thought she had the secret within reach, hidden in a shallow black tank at the NOAA marine fisheries laboratory in Milford, Conn. The horseshoe crabs she had plucked from New Haven Harbor in 2000 trundled about their springtime ritual, digging pits in the sand, laying their eggs and fertilizing them. She was trying to understand what formula of light, food and chemistry induced these 500-million-year-old creatures to breed. But the next year, before she could figure it out, the crabs stopped mating, and the secret eluded her.

Cuomo, an environmental scientist at the University of New Haven, continued to search for the answer for 10 years, in the tanks at Milford, at labs at her university, and in a set of aquariums in her own basement. Now, finally, she has begun to unlock the mystery.

Portions of the Arctic coast are eroding by more than 26 feet per year, a problem that is likely to worsen as climate change intensifies, according to a new study.

The problem is most severe along the shores of the Laptev, East Siberian and Beaufort seas, concludes the "State of the Arctic Coast 2010" report, compiled by more than 30 researchers in 10 countries.

The analysis, which examined roughly a quarter of the Arctic's coastline, found the region's shores are eroding by an average of about 1.5 feet per year.

Driving the erosion is a potent cocktail of receding and thinning sea ice, warming seawater and stronger waves.

The economic statistics that you are about to read are incredibly shocking, but they are also very, very real. Tonight there are going to be millions of men and women all across America that cannot sleep because they are consumed with anxiety about their financial problems.

Even as you read this, there are a lot of parents out there that are trying to figure out how to explain to their children why their homes are being taken away. There are also hordes of very hard working Americans that are incredibly frustrated because they have sent out thousands of resumes and yet they can't seem to get a job interview.

Chapter 3

My mom used to always say, "Bo, you could go to Harvard or to the local community college; no matter what, you'll always get a B."

Mom was right.

B-students don't know everything about anything and are excellent at nothing. B-students do, however, know something about a lot of things, and they can complete almost any task with some modicum of competence. People often ask me: "As an entrepreneur, what exactly do you do?" My answer: "I do nothing. But I do it very well." Entrepreneurs are B-students. There is no one thing they do well. But there are many things they do well enough.

A-students, on the other hand, know a lot about one thing, whether it is technology or marketing or sales or finance. And they do this one thing extremely well. If they don't do it well, it bothers them. A-students want to do things perfectly all the time. This is a very bad trait for an entrepreneur, but a very good trait for a manager. More on this later.

Is the office an appropriate place to express your emotions? Should you be managing your employees to encourage communication of these emotions? As I mentioned in my last post, Anne Kreamer’s new book, It’s Always Personal, raised these provocative questions without answering them.

So I got some inspiration from another good book I’ve been reading: From Values to Action, The Four Principles of Values-Based Leadership, by Harry M. Jansen Kraemer, Jr. (Jossey Bass, 2011). In Kraemer’s book, drawn from his experience as a CEO at Baxter International, and his current posts as a management teacher at Kellogg School of Management and private equity firm partner, he makes a convincing case that leadership can deliver spectacular business results and instill values such as mutual respect, humility, and self-knowledge. Some may say Kraemer’s approach is common sense–but as Kraemer said in an interview, quoting Mark Twain: “everything is common sense. The problem is that common sense is not all that common.”

Tim Murray has a daunting job. As creative director of the Creative Vision Group at Target, he oversees the work of 10 agencies, 4 digital partners, and 3 branding studios. And those are the external contributors. Internally, Target, a Fortune 30 company with a market cap of $34.6 billion , has more than 1,200 people working in the marketing department alone. The potential depths of brand and design-related chaos across its 1,755 stores are mind-boggling.

Yet, think of the Target brand, and it’s likely that one image will spring to mind: the Target bull's-eye, that red ring around a red dot that has come to signify the design savvy and affordable prices of the Minneapolis-headquartered department store.

A startup called T2 Biosystems is developing a test that uses magnetic nanoparticles to detect blood-borne infections in hours—compared to the days it now takes using conventional lab methods. The company's first device—about the size of a printer—will target Candida, a fungus that is the third-most-common cause of hospital-acquired infections. The detection system can identify Candida in human blood samples in about two hours. Clinical trials involving samples from actual patients are in the works.

The sooner a hospital lab can identify the cause of a patient's infection, the faster that patient can be put on the right antibiotics. Today, microbiologists often try to grow the infectious agent in the lab and run various tests to identify it. This can take a few days, and some organisms, including Candida, grow more slowly than others. Tests based on amplifying genetic material are considerably faster, but require complicated processing equipment. Tests that use fluorescent labels to light up a target are also faster, but samples like blood are too cloudy for the light to pass through.

TEL AVIV (MarketWatch) – Israel’s venture-capital industry rebounded in the first quarter, with the country’s startups raising $479 million, the most in two years and double the figure of the year-earlier quarter.

The latest funding figure compared with $234 million a year earlier, which was the weakest quarter in five years, according to a report by the Israel Venture Capital Research Center, a trade group for the VC industry, and by the accounting and consulting firm KPMG Somekh Chaikin.

In the latest period, 140 companies raised money, compared with 91 a year earlier. The average financing round was $3.4 million, about a third more than $2.6 million a year earlier.

With the “green” movement becoming progressively trendier, it’s no wonder why I can barely get through a day without being pestered into blindly signing a “green” petition and hearing that the “green economy” is the next big thing. Certainly, politicians aren’t giving up on the idea that a green economy will not only save the environment, but the future U.S. economy as well. Indeed, the environmental movement has become a religion, blinded by dogma and lacking reason. The green economy is simply a fallacy. The notion that America’s future will run on wind turbines, high-speed rail and the like, all fueled by “green jobs,” is a delusion.

People are always asking me for an inside tip on Internet sites that will be “the next big thing.” Those are hard, since someone has to invent something innovative, but I do have some views on other ideas whose time has come and gone.

In some cases, these are concepts that have already been done too many times, and the space is crowded. In others, the concept has been tried too many times, or no one has yet succeeded in making any money. Or both. Here are my favorites:

* Social and business networking sites. Just for starters, Wikipedia now lists about 200 sites by name (once over 300), which they claim is just some of the more notable social networking sites. I still get about one business “idea” per week for a new networking site, which will combine the “best of all the sites” into a new one. If you must do one of these, skip the “me too” and focus on a niche, if you can find an unoccupied one.

Most people would not give the hammer in their garage or shed a second thought. After all, the job it fills is quite simple. The person picks it up, and it hammers things. However, Kenneth Del Colgiano felt that was not good enough.

Kenneth has created the Wise Hammer. It not only hammers things, but it has a built in stud sensor and marking nub. Everything a person could possibly need to hammer in a nail is included in one hammer, reports Al.com.

“This isn’t a hammer that you can build a house with,” said Del Colgiano, a 47-year-old from New Jersey who moved to Foley in 2003. Instead, he said, the target market is the women who hang everything from pictures to shelves on walls inside their homes.

The word "concrete" is not much fun to say out loud. It actually sounds like a cold, hard, grey word.

The substance itself is even dull. Not even its assured place in the history books of the Roman Empire make it a less than sexy subject from the bystander's point of view.

Let's face it - concrete is boring. Most of us recognise it instantly, when we see hideous flats and offices from the 1960s and 1970s, that for a brief moment were the cutting edge of architecture.

House Small Business Subcommittee on Healthcare and Technology Chairwoman Renee Ellmers (R-NC) today introduced legislation to reauthorize the Small Business Innovation and Research program. The bipartisan bill is called the “Creating Jobs Through Small Business Innovation Act of 2011” (H.R. 1425).

Chairwoman Ellmers issued the following comment:

“This bill is a win-win for America -- it will help small businesses across the nation create jobs and produce new technical and scientific solutions to meet the diverse needs of the government. As our economy is in the midst of a comeback, it is important for Congress to pass legislation that helps our nation’s most effective job creators, our small businesses.

“The SBIR program is widely supported and recognized as an important engine of innovation and is a significant factor in the founding of new companies, providing the impetus to start projects that otherwise would not get off the ground.”

Success is a funny thing.

It means you’re doing something right, and that people are enjoying your product, service or (possibly more importantly) your knowledge. They’ve joined your tribe and they want to help you grow.

Success also means that where you started probably isn’t where you are now – your garage band has moved into a recording studio. Your bills aren’t as daunting and your car starts in the winter.

Yet success also brings its own challenges.

You outgrow your goals and need to set new ones. That’s natural – but the process can be anything but.

You begin to realize you have to scale, and you’re not sure how to do that.

Pocket-size USB flash drives have become a simple and popular way to move information from one computer to another. They have also become so inexpensive that “thumb drives” imprinted with logos are commonly handed out as promotional gifts. But these seemingly harmless devices can pose a serious information security threat. Identity thieves and military or industrial spies can use the drives to grab confidential data from unattended computers, or even to insert a computer virus. When Whiting School undergraduate Greg Vorsanger, now a junior, learned that researchers at the Johns Hopkins Information Security Institute had proposed the use of radio-frequency identification, or RFID, to block the malicious use of flash drives, he applied for a PURA grant to help him design and build a prototype system based on this idea. The Johns Hopkins technology transfer staff recently filed for a provisional patent covering the invention.

Whenever I hear people say they couldn’t predict the recent financial fiasco that we lived through, the little voice inside my head says really? I’m finding it hard to believe that all these intelligent people just couldn’t see it coming. Maybe they should have read Daniel Burrus’ latest book, Flash Foresight: How to See the Invisible and Do the Impossible.

In Flash Foresight Burrus covers what he calls the “seven radical principles that will transform your business.” I don’t know about the transforming my business part. But I can tell you that it has certainly transformed the way I look at the world of business and make decisions. And that just might be good enough.

Who Is Daniel Burrus and How Does He Know So Much?

Daniel Burrus is one of the world’s leading forecasters, corporate strategies and visionaries.” (That’s from the book jacket.) Burrus (@DanielBurrus on Twitter) is a “trendwatcher” who previously wrote a book called Technotrends. His client list is a virtual Who’s Who of consumer and technical products that includes the likes of Proctor & Gamble, GE and Kaiser Permanente. And if there’s one thing all these companies have in common, it’s the need to predict what we unpredictable humans are going to do next.

Gary ShapiroFirst, the good news for American innovation: the number of patent applications for U.S. innovators is higher than it’s ever been. Despite the downturn in the economy, Americans are still innovating, and at a clip that leaves our forebears in the dust.

Now, the bad news: the backlog at the U.S. Patent and Trademark Office (PTO) is around 1.2 million, according to the latest figures from 2010. The delay for patent approval averages about three years, but can take as long as seven years or more in certain cases.

airplane, flight, safety, governmentThe 1.5-meter-long gash that opened up in the upper cabin of Friday's Southwest Airlines Flight 812 from Phoenix to Sacramento will have a deep impact on the nature and frequency of commercial aircraft maintenance. The Federal Aviation Administration (FAA) issued a directive on Tuesday ordering about 175 Boeing 737 aircraft—80 of which are registered in the U.S., most of those operated by Southwest—to be inspected using an electromagnetic device that can identify metal fatigue.

The FAA is targeting Boeing 737 series 300, 400 and 500 aircraft that have accumulated more than 30,000 flight cycles (takeoffs and landings) in order to prevent a repeat of the April 1 incident. The fuselage of a 15-year-old Southwest Boeing 737–300 ruptured 18 minutes into the flight at an altitude of about 10,670 meters, forcing the pilots to make an emergency landing at Arizona's Marine Corps Air Station Yuma.

I can still see the picture. My grandfather stands awkwardly in the way of a poor man unused to being photographed. He clutches a small cloth sack and a one-way ticket in one hand, a broom in the other. He waits to board a train in search of work during the Depression.

The sack? It contains his clothes and what little food his wife and two small children can spare. The broom? Besides a fifth grade education and a strong back, the broom is the only tool he owns.

When I asked him about the broom he said, “I didn’t want to show up on a man’s doorstep empty-handed. I was hoping somebody could at least use me to sweep up for them.”

Today, Sir Richard Branson, American sailor, pilot and explorer Chris Welsh, and submarine designer Graham Hawkes launched Virgin Oceanic, a project to explore "the last frontiers of our own Blue Planet: the very bottom of our seas." .

The project includes a partnership with Google: "Using their mapping technology, Google hopes to chronicle the dives as they happen and share discoveries, footage and record breaking achievements with the world."

Talking with the angel investor Anne DeGheest the other day was humbling. After all, I sweat out long days and nights digging up news and features on what I think often represents the leading edge in healthcare capitalism—new drugs, medical devices, diagnostics, etc.

All that innovation is worthy of attention—she apparently didn’t want to hurt this biotech scribe’s feelings too much—but if you really want to find where the action is heading in healthcare, DeGheest insists it’s in something she likes to call “healthtech.”

Personal computing is steadily migrating to the Web, as people use sites like Facebook and Flickr to store photos, videos, and other files they previously would have stored on a PC. A startup called ZeroPC hopes to provide the desktop for the Web computing revolution--a page that looks and acts like a desktop interface, from which users can access all of their content wherever it is stored online.

A user logging in to ZeroPC is presented with an interface much like Microsoft Windows: icons on a desktop that provide access to files stored in folders and to applications for e-mailing, document editing, and more. But the desktop is delivered using the same technologies used to build interactive Web applications.

In 1998, the persona of the "entrepreneur" -- a relatively young term, coined only 150 years ago -- skyrocketed into the global consciousness. Thanks in large part to companies like Ebay and Yahoo!, kids that previously would have aspired to become astronauts and doctors now wanted to be Internet entrepreneurs. At the same time, thanks to countless cable-television shows, the persona of the celebrity chef and restaurant owner - or "restaurateurs," as they are called -- was likewise capturing the imagination of the American psyche. Irrespective of the industry, starting your own business was suddenly very hip.

When I was growing up, "entrepreneur" carried roughly the same connotation as "inventor." The word conjured images of your wacky uncle doing science experiments in his basement in search of a new species of peanut butter. But by the late nineties, "entrepreneur" meant millionaire and celebrity. And that meant that everyone wanted to be an entrepreneur. The problem is this: Very few people are entrepreneurs.

Marketing, finance, operations, and HR can be studied separately. Entrepreneurship encompasses them all. So Babson College, a business-oriented school in Wellesley, Massachusetts, introduces its entire freshman class to the subject of business by having students start one.

Foundations of Management and Entrepreneurship has been a yearlong undergraduate rite of passage at Babson since 1996. This year, 485 freshmen are creating 18 companies in the experiential version of a survey course. "It sets the stage for their entire business education," says Rob Major, associate dean. "They'll be taking a class in their sophomore or junior year and say, 'Remember how this worked when we did it for FME?' "

Throughout the year, professors teach an introductory business curriculum, which students apply immediately to their projects. Once a team of 25 to 30 students settles on a product idea, it forms a company, assigns roles, and appoints leadership. "Often the person with the original idea is the CEO, because they're the most passionate," says Major. "Those people aren't always the best equipped to handle it, so as early as February, the teams may have to reorganize."

Biotechnology start-ups can’t catch a break on the public market.

On Friday, Tranzyme Inc. became the fifth venture-backed biotech to go public this year–but also the fifth such company to see its offering price slashed ahead of its offering due to weakening demand.

Last month, Tranzyme’s underwriters projected the company would sell 5 million at $11 to $13 apiece, but they instead knocked down the price to just $4 to get investors interested, while lifting the number of shares offered to 13.5 million. This had the effect of giving Tranzyme the funding it needed to support clinical trials, but the move also significantly diluted the venture investors’ stakes.

Tranzyme’s three largest shareholders, HIG Ventures, Quaker BioVentures and Thomas McNerney & Partners, were expecting to own 14.1% of the company after the offering, but will now hold 9.2%.

Ex-Digg brainiac (by which we mean inventor and CEO) Kevin Rose has got a new baby: Milk. It's an idea incubator, specifically behaving like a development lab for "out there" ideas. It's targeting the mobile Net. And it's got some distinguishing features.

Rose only left Digg a few weeks ago, which suggests that he's had the mechanisms behind Milk in work for quite some time already. In fact, the roots of the project probably stretch back to the early days of Digg, because along with Rose, Milk will be supported by Daniel Burka--a key figure in Digg's design. And we can probably see even more elements of Milk's thinking in Rose's self-penned bio on his website: "My name is Kevin. I live in San Francisco where I climb rocks, drink tea and experiment on the internet. I'm a technology angel investor and the founder of Digg." Location in tech hotbed of San Francisco, Net technology, experimentation, entrepreneurship, and alternative thinking (tea? in America?)--it's all right there.

You might not know it, with all the progress we've made as a society in the past 100 years (our first black president, for instance), but America is still an incredibly unequal place. The gaps between classes, sexes, and races are--in many ways--actually getting worse, and the gap between the rich and the poor is larger than at any time in the last 75 years.

This graphic illustrates just a few of the quantifiable ways that our society manifests these various inequalities.

This post is about the importance of Link Building. If you don’t already know Link Building is the process of getting other people to link to your website. It is incredibly important because links generate visitors to your website and help your site rank higher in Google.
From 10 to 100

I was about to write a blog post last week about how important link building was, because after gaining a particular link my web traffic jumped from an average of 10 visitors a day to 100. That’s a 10 fold increase! From One link.

What is the Demography Report?
The Report is published every two years by the European Commission and provides the latest facts and figures that are needed to assess where Member States stand in responding to the challenges of demographic change. This year the report is a joint undertaking with Eurostat, and has a special focus on mobility and migration.

It will be presented during the thematic week Europe for Families, Families for Europe – Population Issues and Policies Awareness Week organised in Budapest by the Hungarian Presidency.

What does the Report tell us about the ageing population?
High birth rates after World War II led to what is often referred to as the baby-boom which lasted into the 1960s. The latest Demography Report emphasises that these baby-boomers are now reaching their sixties and are beginning to retire from the labour market. This marks a turning point in the demographic development of the European Union. Ageing is no longer something that will happen at some point in the distant future; it is starting now. As of 2010, the oldest populations are in Germany and Italy, with median ages of respectively 44.2 and 43.1; the youngest by far in Ireland, with 34.3.

Getting older doesn’t mean giving up muscle strength.

Not only can adults fight the battle of strength and muscle loss that comes with age, but the Golden Years can be a time to get stronger, say experts at the University of Michigan Health System.

“Resistance exercise is a great way to increase lean muscle tissue and strength capacity so that people can function more readily in daily life,” says Mark Peterson, Ph.D., a research fellow in the U-M Physical Activity and Exercise Intervention Research Laboratory, at the Department of Physical Medicine and Rehabilitation.

Startups struggling for survival are not uncommon, due to economic changes, management problems, or product issues. If these challenges can’t be resolved by the existing team with “course corrections” or “pivots,” an investor will often bring in an experienced CEO to tackle the turnaround before or after bankruptcy.

This is a hard and painful process for everyone, but it’s usually better than the alternative of liquidating or losing the assets and antagonizing many customers. The issues are often similar, so I’ll relate a real case from my own experience to illustrate the process and the results.

head-iconJoin an entire community of inspired people through StartingBloc's fellowship program! The fellowship hosts both entrepreneurs, those creating their own organizations and ventures, and intrapreneurs, those who intend to create change within a company or existing system. Geared mainly toward students and young professionals, StartingBloc is all about personal development. Their focus is on social innovation for early career-minded individuals.

Instead of crowd-sourced funding, grants for starting organizations, and social enterprises, StartingBloc's focus is on investing and developing people. Once a Fellow, always a Fellow, with ongoing events and support for a lifetime, this is a personal investment in the future. The program begins with accepted Candidates attending the Institute for Social Innovation for education, networking, and inspiration. Truly a learning experience, the curriculum is taught by leading professionals and leverages the organization's ties to top tier graduate programs. The organization also hosts a variety of workshops, regional events, and even a post-Institution event to keep Fellows connected.

TOPIC
The Transformation of American Creativity
A discussion with thought leaders on the transformation of American creativity and a draft of an action plan for building vibrant, sustainable enterprise

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Enjoy a day of meeting people you know and shaking hands with new contacts. LES-SVC is providing you a unique experience to hear and meet some of the major innovators of Silicon Valley and Northern California. Successful entrepreneurs and business leaders, both private and venture capital investors, academics from Stanford and UC, plus resource and service providers in all areas of creating new ventures to manufacturing and marketing new products.

Most business managers, confronted with the influence of social media shaping the business landscape, assume that the influence is over hyped and not relevant to their business. Uninformed and lacking in knowledge today’s management ranks are headed for a rude awakening.

Business history is littered with examples of companies that missed important trends. Yet some will spot the changes and embrace them and thus creating new market opportunities. Knowing what, why and how the emerging changes is critical to foresee the impact of change on organizations, society and economics. Knowing, preparing and leading change separates the winners from the losers.

Cellophane over the toilet bowl. Decaf coffee in the "regular" carafe. Armed with these or myriad other schemes, an April Fools' Day prankster strikes. More than just a celebration of mischief—or a license for the boorish—the practical jokes and humor associated with this annual holiday actually play a role in the formation and maintenance of social bonds in small groups.

"Humor is a very strong way of sharing world views and expressing that you're on the same page," says Giselinde Kuipers, an anthropologist and sociologist at the University of Amsterdam in the Netherlands. Kuipers's research, described in Good Humor, Bad Taste: A Sociology of the Joke (de Gruyter Mouton, 2006) has revealed that one's sense of humor is not only subjective, but can vary widely based on gender, ethnicity, economic status and nationality.

Sir Richard Branson, the business tycoon behind the Virgin conglomerate, has been trying to get paying customers into space for years. His Virgin Galactic company was founded in 2006, and in 2009 construction began on Spaceport America, the Norman Foster-designed facility in New Mexico that flights will launch from.

And now we finally have a look inside the spaceship itself. The BBC's Richard Scott has become the first journalist to poke around what will probably become humanity's first commercial spaceship. For a price of $200,000 the SpaceShipTwo will take you 70 miles above earth for five minutes of weightlessness. Virgin Galactic is hoping to begin flights in 2013.

It is interesting to take a look back at Midas Capital, which was the personal investment fund of First Round Capital's Josh Kopelman. Although no longer actively investing, it had quite a portfolio, which you can see here.

Through Midas, Kopelman was a fairly early investor in LinkedIn, which filed in January for an IPO that could value the company in the $2 billion range, according to some observers. Kopelman also was an early investor in Boomi, the Berwyn-based Cloud services company that Dell acquired late last year. Kopelman had apparently become familiar with Boomi as a customer while he was running Half.com.

The biggest companies are awash in mentoring programs aimed at helping high-potential employees, particularly women, succeed. A good mentor is supposed to provide career advice, give feedback on how to improve performance, help provide access to important networks and show mentees how to navigate corporate politics.

But research from the non-profit group Catalyst shows that while both men and women gain by having a mentor, men benefit more. Part of this may be due to the people that men choose as mentors and part of it may be because of what those mentors actually do.

"Forget about venture capital. Only about 4% of all startups get it, and you’re probably not going to be one of them.

"I happen to think that bootstrapping is absolutely the best way to start a company.

"It teaches you discipline, how to manage resources, and it forces you to be very creative and innovative. There’s nothing wrong with sleeping on a futon and eating Ramen!"

$28 million may be just the beginning.

That’s the return Cleveland Clinic received after the $78 million sale of Clinic spinoff Intelect Medical to Boston Scientific (NYSE:BSX). It was the largest of three exits so far for companies affiliated with Cleveland Clinic Innovations, the health system’s technology transfer and commercialization group. But by all accounts, Cleveland Clinic has a stake in a series of promising companies and, in one case, one of the most encouraging startups in the United States.

Here’s a list of Cleveland Clinic-affiliated startups that could be generating headlines soon.

At first blush, crowd-funding may sound like just another attempt to raise money online by getting as many visitors as possible to donate to a cause.

But a growing number of startups see the landscape differently. They see the potential that social networks have to raise money in ways that align with how younger generations practice philanthropy.

They saw the power of crowd-funding work for Barack Obama in his 2008 presidential campaign. On a smaller scale, they also saw it work for online microcredit lender Kiva, which channels money to entrepreneurs in developing countries. Kiva, which was launched in 2005, has processed more than $200 million in loans and gotten accolades from Oprah Winfrey.

Some 500 people have signed up to test Benjamin Reece's service to help indie filmmakers distribute their movies and merchandise online, a business he began working on six months ago. Reece and his co-founders now hope to get a working version of the software running, with the help of mentors and peers over the next seven weeks in Launch Pad Ignition, a startup accelerator in New Orleans. His company, Kinio, will work alongside five other startups, attend weekly pitch sessions, and network with veteran entrepreneurs and investors. "It's this huge pot of resources that are just dropped in your lap," says Reece, 28.

Since the first accelerators, which put small groups of entrepreneurs through intensive training, appeared in the mid-2000s, entrepreneurs and investors in dozens of cities have adopted the model. They're typically geared toward Internet startups that can build products fast and cheap. David Cohen, co-founder of TechStars accelerators in Boulder, Colo., and three other cities, estimates that there are now 110 programs globally that use similar methods, most less than two years old. Bloomberg Businessweek has found some 50 accelerators altogether seeking more than 500 startups for their programs this year.

Here’s a business startup story that’s a great example of seeing a need and filling it. Entrepreneur magazine is located in Irvine, California, a planned community. Many years ago, there weren’t many fast-food restaurants in the business area. Most were across town, where the neighborhoods were. Two young men in Irvine found this lunch situation very frustrating. There weren’t many affordable choices. Sure, there were some food courts located in strip centers, but the parking lots were really small and the wait was horrendous.

Tomer Tzach spent four years as a venture capitalist, but now he is the CEO of an ecommerce startup business. During his time on both sides of the fence, he has learned a lot. He has instructed VCs on how to work with entrepreneurs. In Venture Beat, he is now instructing entrepreneurs on how to work with VCs.

Enter into the game prepared.

You need to prepare for people with little knowledge of your technology or market who are comfortable telling you that there is no market for your technology.

Handspring Visor Deluxe (Orange)Last week, I finally completed a year-long, carefully calculated wait for an iPad: I purchased a used first-generation version from a colleague. I am very pleased with the process, which is the latest in a string of many transactions I’ve made buying and selling secondhand tech, and I’m happy to share my experiences.

This post is the first in a three-part series about the motivation and process in buying and selling secondhand gadgetry.

First, the motivation: why would you want to buy or sell used tech?

* Sometimes the newer generations aren’t all that different than previous ones. Sure, the newer iPad is thinner and has a camera. But those aren’t critical functions for me. I plan on using my iPad for functions such as reading documents, watching media, and keeping up with email away from a desktop. I’m happy to stay a generation back (and save a little money on purchase price.)

The Deepwater Horizon oil spill of 2010 devastated the Gulf of Mexico ecologically and economically. However, a new study published in Conservation Letters reveals that the true impact of the disaster on wildlife may be gravely underestimated. The study argues that fatality figures based on the number of recovered animal carcasses will not give a true death toll, which may be 50 times higher than believed.

“The Deepwater oil spill was the largest in US history, however, the recorded impact on wildlife was relatively low, leading to suggestions that the environmental damage of the disaster was actually modest,” said lead author Dr Rob Williams from the University of British Columbia.”This is because reports have implied that the number of carcasses recovered, 101, equals the number of animals killed by the spill.”

Last week, I had the chance to interview Andy Bechtolsheim, co-founder of Sun Microsystems and many other game-changing companies. Whether it was time spent with him, or the news that Oracle was shutting down Sun.com, I’ve been dwelling on a morbid thought — the death of a technology company:

Not a day goes by when I say or hear the following:

* Yahoo is dead.
* Microsoft is so dead.
* Nokia is dead.

NameThe past few years have been rough on public libraries. They have experienced mounting demand for their services -- particularly access to technology and the Internet—and dwindling funds to pay for them (see Library Shutdown in Camden, N.J., this issue).

In many communities, the library is the only place you’ll find a Web-connected computer that’s available to use for free. And as anyone who’s looked for work lately can attest, more employers post job openings online and expect applicants to reply electronically, making the Internet a lifeline for job-seekers. It’s a trend that helps explain the recent 70 percent growth in demand for library computers and wireless Internet access, according to the American Library Association (ALA).

Randall LucasNeed money for your startup, but don't want to deal with venture capital? Afraid of losing control of your business, getting fired? Don't want someone on your board telling you what to do? But you still want an infusion of cash...

Here's a new application of creative financing, or is it something investors and entrepreneurs should avoid? I couldn't tell after listening to Randall Lucas present his company's new funding strategy at the NW Regional Angel Conference in Seattle last month. You'll have to make up your own mind...

News Article ImageThe Association of University Technology Managers (AUTM) has appointed Todd Sherer, PhD, as president-elect of the AUTM Board of Directors. The announcement was made at the recent annual meeting of AUTM, a national association for academic technology transfer professionals.

Sherer is associate vice president for research and director of technology transfer at Emory University, a position he has held since 2003.

“Todd Sherer has done an outstanding job in guiding Emory’s Office of Technology Transfer to a national leadership position that is a model for successful commercialization of university technologies,” says James Wagner, PhD, president of Emory University. “Universities, industry and government have all come to respect the process of technology transfer, when carried out appropriately, as an effective pathway to bringing discoveries more rapidly to the public.”

Our NetWorkShop on Saturday was a great success and I think everyone left with a better understanding of networks, as well as some ideas for future pursuit. One main message that came through early in the workshop is that you cannot manage a network. That’s probably the biggest barrier to Net Work in most organizations. We also went through a few exercises to describe some of our networks and created value network maps maps that looked much messier than this one, by Patti Anklam.

Hunter R. Rawlings III WASHINGTON -- In its early days, the Association of American Universities tended to turn to presidents and provosts of private universities for its leaders. For its last two presidents, the association of 61 U.S. and 2 Canadian research universities has raided the ranks of leading public institutions, which make up a majority of its members. Monday, for its sixth chief executive, AAU turned to one of the small but growing cadre of campus presidents who have led institutions on both sides of the line.

Lawrence Maxwell Krauss, author of the best-selling book The Physics of Star Trek, is a theoretical physicist and Professor of Physics at Arizona State University. His research focuses on the beginning and the end of the universe.

This past January, Krauss attended the World Economic Forum in Davos and was asked by 99 Faces TV to talk about his work. In a relatively short 381 seconds, he speaks about the scale of the universe, the concept of dark energy and explains how “you really are stardust.” That is to say, every little atom in your body comes from a supernova (or exploding star). Krauss elaborates on this poetic thought in this 2009 video (definitely recommended), and he’ll have more to say in his forthcoming book, A Universe from Nothing.

Given the extra work that many employees have been shouldering for the past few years, combined with the lack of raises, perhaps the results of a recent Accenture survey shouldn’t be surprising: More than half of employees responding were dissatisfied with their jobs.

What is surprising? Even as the economy picks up, just 30 percent of respondents said they plan to look for jobs elsewhere. Instead, 70 percent of women and 69 percent of men said they plan to stay at their current company. (Though I just wrote about another survey conducted by MarketTools that indicates nearly half of all Americans are thinking about leaving their jobs.)

Media groups across the country have designated this week as "Sunshine Week," dedicated to raising awareness about the importance of open access to government.

That might sound like something newspaper editors would care about a lot more than average citizens. But holding government accountable is something that should be important to everyone.

In Iowa, Gov. Terry Branstad's plan to turn the Department of Economic Development into a quasi-public organization is a move that freedom of information advocates are watching closely. The details of the new department remain sketchy, and some lawmakers are concerned that actions formerly done in public would instead be cloaked in secrecy. Branstad has said the actions and spending of the public authority would be transparent, but the department also would include a private nonprofit organization that would pay for expenses such as marketing and travel. The nonprofit would be folded into the existing Iowa Innovation Council, an advisory group that could then establish a private venture capital fund. Both of those aspects would be private.

What’s in a name? Letters. And psychologists have posited that the letters—particularly the first letter of our names—can influence decisions, including whom we marry and where we move. The effect is called “implicit egotism.”

In 2008, two Belgian researchers found that workers in their country were more likely to choose a workplace if the first letter of its name matched their own.

A commentary published in and upcoming issue of Psychological Science, a journal of the Association for Psychological Science, revisited the study with similar U.S. data and found that the Belgians got the cause and effect exactly backwards. And that might make us more skeptical about the effects of implicit egotism.

imgPatents’ and ‘patent pending’ are much more than words bandied about on late-night infomercials. Like other tools in the intellectual property stable, patents are intended to protect an inventor’s product or method.

As with copyright and trademark, patents can initially seem daunting. However, the following seven tips will set you on the path to understanding how patents apply to your business.

Remember: none of this information should be construed as legal advice. Always seek out a qualified professional in relation to your own circumstances.

Many new technologies take longer to reach the mainstream than you might imagine. You have only to look at one of the famous Gartner Hype Cycle charts to see what I mean. Here’s the Gartner Hype Cycle chart for 2010:
Hype Cycle

Gartner Inc is a technology research firm, and each year they put out an updated hype cycle analysis chart like the one above.

The “hype cycle” goes something like this:  when an exciting new technology comes along, at first there’s a lot of excitement.  People talk it up.  Early adopters jump on the bandwagon.  Market growth predictions get bandied about.  And the predictions are often rosy (after all, when you have a customer base of 6 for a techno-gizmo, it doesn’t take much to predict tripling or quadrupling that number). The technology reaches a peak of “inflated expectations.”


Sir Richard Branson has named Apple CEO Steve Jobs as the entrepreneur he most admires and said he would be open to the idea of a merger between Virgin and Apple.

The billionaire also heaped praise on Apple, calling it a "brilliant global company".

"I think Steve Jobs, I hope he gets through his current illness, would be the entrepreneur I most admire," Branson said in a short video interview on the T3 website.

"He's the greatest comeback artist as well, he's been down and out and fought his way back, and created a brilliant global company."

Kurzweil

Excessive use of the Internet, cell phones, and other technologies can cause us to become more impatient, impulsive, forgetful and narcissistic according to a new book on “e-personality,” says psychiatrist Elias Aboujaoude, MD, clinical associate professor of psychiatry and behavioral sciences and director of Stanford University’s impulse control and obsessive-compulsive disorder clinics, in a new book, Virtually You: The Dangerous Powers of the E-Personality.

One on One: Gail Goodman of Constant ContactSmall Business Trends: Constant Contact has been around for a number of years, but just recently, you acquired a company called Bantam Live, which is well known for social CRM, particularly at the small business end. Before we discuss that news, can you tell me a bit about Constant Contact?

Gail Goodman: Constant Contact helps small businesses, nonprofits and associations stay connected to their customers using great-looking email campaigns, running events, online surveys and, increasingly, social media. It’s all about staying connected with the customer.

Small Business Trends: Why did Constant Contact make the move to buy a social CRM company?

Gail Goodman: We have over 400,000 small business customers who use our products to communicate with customers. That communication is increasingly extending from email to social media. Those conversations are staying alive longer because they move to social. We like to say, “Email lights the fire and social fans the flame.”

You asked for it Arnold and 84 others (so far). So I'm gonna talk about marketing.

I believe that marketing is what you do when your product or service sucks or when you make so much profit on every marginal customer that it would be crazy to not spend a bit of that profit acquiring more of them (coke, zynga, bud, viagra).

A very experienced and successful entrepreneur came into our office a week ago to pitch his latest company. At the end of his pitch he showed us some numbers. Normally for a raw startup we see almost all product and engineering expenses (headcount). But his plan had a monthly budget for customer acquisition. After he left, we talked about his plan and my partners focused on the customer acquisition number. It bugged us. It felt wrong.

When I was a little boy, my grandfather gave me some advice: He suggested I always march to the rhythm of my own drum. While he said it made perfect sense for me to appreciate others and what they did, in the end what would make me unique was me. Of course, I was too little to quite understand what he meant. Soon thereafter, he passed away. But as I’ve grown older, I’ve started to appreciate his wisdom.

Why do I bring this up? Because I increasingly see companies, both big and small, often focusing too much on their competitors and not focusing on being unique. A few weeks ago, when I stopped by at the Square offices, COO Keith Rabois, in response to a question about his competition, succinctly said it was what he and his company does which will determine the outcome for the company.

PricewaterhouseCoopers is initiating a national Innovator of the Year Award to recognize growth and innovation in Canada's emerging technology sector. The award is intended for a company that "best demonstrated an innovative technology solution and the commercialization of that solution," PwC said in a news release. That could include cleantech, emerging technology, hardware, semi-conductor, software, telecommunication and wireless companies.

"The innovation must be new, unique and a 'game changer' with demonstrated customer acceptance," the release said. The award will be part of PwC's Vision to Reality Awards conference later this year in Toronto. Information as well as nomination forms are available through this link: www.pwc.com/ca/vision2reality

Apple cofounder and CEO Steve Jobs turns 56 years old today. Happy birthday, Steve!

It goes without saying that our greatest wish for Steve right now is a quick recovery from whatever is ailing him.

To celebrate Steve's birthday, we've decided to re-post "The Life and Awesomeness of Steve Jobs" -- a photo biography -- in appreciation of a guy who has accomplished more in one lifetime than most people would in 20. And he ain't done yet.

Ryan Academy for Entrepreneurship ‘Propeller’ Accelerator outlines the first cohort of six companies on its Techstars Network member programme

The Propeller Accelerator, part of the DCU Ryan Academy for Entrepreneurship, has released details of the first group of companies funded and supported under its mentor-led programme. These startups, five from Ireland and one from the UK, cover key technologies such as mobile applications, cleantech, online gaming, informatics, Facebook ecommerce and social media.

This first group of six companies has already begun their 3 months intensive programme of mentor-led acceleration that culminates in the Propeller Demo Day on the 6th of May, when the startups present to a group of investors. The first group of companies are:

Associate Mobile: Associate Mobile is developing cloud-based mobile platforms for enterprise and consumer markets. MobileMinder - a parental supervision platform for mobiles is the company's first commercial output.  www.associatemobile.com/mobileminder/

Fantom: Fantom’s goal is to be the premier provider of social media software for fan-based websites. It currently operates in social media for politics and hopes to use the Propeller opportunity to pivot into other domains. www.icitizen.ie

GreenEgg Technologies: GreenEgg Technologies are a research and development company focused on technological solutions for the clean technology and environmental sectors. They develop innovative eco-friendly products for a range of applications and their research focuses on the development of products that enable the smart and efficient operation of technology. www.greenegg.ie

HealthComms: HealthComms aims to become a leading specialist in providing health and security solutions to the Equine Industry. They have developed Equinewatch, which provides continuous monitoring of location and telemetry of animals. Their highly visual based systems provide a means for alerting owners when unusual events such as isolation, agitation or temperature variation occur. http://equinewatch.com

Simple LifeForms: Simple LifeForms: Simple Lifeforms is an online games development, publishing and consultancy firm. They develop games for the world’s most dynamic game platforms such as Facebook, iPhone and iPad. www.simplelifeforms.com

Vendorshop: VendorShop enables businesses to sell products on Facebook via their social shopping cart application. VendorShop is free to install and takes just minutes to set-up. It currently powers 15,000 stores worldwide.

www.facebookvendor.com

“We had over seventy applications from across Ireland, the UK and Europe and even included the US and Brazil” said Gordon McConnell, Director of the Propeller Accelerator and Deputy-CEO of the Ryan Academy. “We are delighted to have such an exciting group of startup companies working in the Propeller Space, and a group of over 40 mentors to work with them over the next three months.”

The Propeller Accelerator was recently announced as a charter member of the Techstars Network, which was announced in the White House. It has also agreed partnerships with the Halo Business Angel Network (HBAN) and the Irish Technology Leadership Group (ITLG) in recent weeks.

A number of Irish-based companies have also signed-up to support the Propeller Accelerator programme including software company Sage Ireland, legal company Arthur Cox, marketing and sales company Publicis D and legal intellectual property company Tomkins IP. National Irish organisations such as the Irish Small and Medium Enterprises (ISME) organisation and State agency Enterprise Ireland are also partners. Propeller is also linked to the Venture Catalyst at Arizona State University.

For further information please contact: Gordon McConnell at This email address is being protected from spambots. You need JavaScript enabled to view it. or mobile 086 8330536

Or check the Ryan Academy technology blog: www.ryanacademy.wordpress.com

About Propeller Accelerator (http://www.dcu.ie/ryanacademy/propeller.shtml)

The Propeller Accelerator was established in 2010 as part of the DCU Ryan Academy for Entrepreneurship. Based on the successful model of Techstars, the Propeller Accelerator provides seed funding, collaboration space and a three-month mentor-led programme for the fast acceleration of early stage technology companies. The areas of interest to the Propeller Accelerator include covered startups in the areas of software, hardware, informatics, sensors and Internet technologies. The Propeller Accelerator is a charter member of the Techstars Network.

About the DCU Ryan Academy for Entrepreneurship (www.ryanacademy.ie)

The DCU Ryan Academy is a partnership between Dublin City University and the family of the late Tony Ryan (Ryanair). The Academy exists to promote entrepreneurship and innovation and to use our iconic building in Citywest as a dynamic hub for entrepreneurs and researchers to develop ideas, learn new skills and network. The Ryan Academy is working with researchers and entrepreneurs to help them achieve their potential.

Esperanza Spalding, winner of the best new artist award at this year’s Grammies, personifies the ethnic trends reshaping America. She is a fresh-faced 27-year old jazz bassist whose very name portrays her mixed ethnic and racial heritage as the daughter of an African-American father and a Hispanic, Welsh, Native American mother. Spalding first gained her deep interest in music watching French-born Chinese American classical cellist Yo Yo Ma on “Sesame Street,” a TV program that has perhaps contributed to ethnic acculturation in the U.S. as much as any other institution. Spalding’s formal musical training was originally classical, but at age 15 she decided that her passion was jazz, itself a quintessentially American 20th Century fusion of black rhythms and the melodies of European immigrants.

South Pole InnovationOne hundred years ago, two men set out on a Race to the South Pole.

Both Englishman Robert Falcon Scott and Norwegian Roald Amundsen were experienced explorers. They knew the polar conditions of Antarctica. They knew with reward came inherent risk.

Their shared tale is one about best practices versus innovation. One relied on mere “innovation” to master a frozen continent. The other innovated best practices he’d learned through years of intensive research.

One traveled to the South Pole, planted his nation’s flag as the first, and returned safely. The other reached the pole, saw he’d been beaten, and paid the ultimate price for his poorly planned expedition.

Today is Presidents' Day in the United States, and the markets are closed.

The holiday celebrates the birth of George Washington and Abraham Lincoln, but it's also a good day to reflect back on all 45 U.S. presidents and their contributions -- and to remember that presidents are not royalty, but just normal people like every other U.S. citizen.

That means they have a lot of the same high-tech addictions and struggles as the rest of us.

NBERCambridge, Massachusetts. The National Bureau of Economic Research's Innovation Policy and the Economy Conference will be held on April 12, 2011 at the National Press Club, 529 14th Street, NW, Washington, DC. The conference seeks to provide an accessible forum to bring the work of leading academic researchers to an audience of policymakers and those interested in the interaction between public policy and innovation.

By now if you haven’t heard of Klout and in a moment of vanity checked your own Klout score, you’re in the online minority. Klout engenders a lot of debate about its algorithms and relevance, but regardless of opinion, the undercurrent of the conversation is that we’re heading into a world of Klout whether we like it or not.

More broadly, we’re heading into a world of unprecedented measurability. Historically, great advances in society have been directly correlated to progress in two things: computational capability and measurement. Take for example the early age of American discovery. Until the invention of the astrolabe (a rough but effective instrument to calculate latitude and longitude) – and thus the increased accuracy of maps — marine exploration was limited to a few hundred miles off any coastline. With the ability to quickly measure location, explorers ventured progressively further away from the coast. Eventually, they ran into the Caribbean (which they first thought was China – we’ll give them a pass on that). The science of exploration and the ensuing discovery of the new world accelerated at an exponential pace after that.

No, it’s not, although the two are often confused. Good new ideas are everywhere around us, but turning even a few of those ideas into viable, scalable products and services is something much more difficult.

Understanding the difference between creativity and innovation can shed light on seemingly contradictory ideas, namely, that User-Led Innovation Can’t Create Breakthroughs and an article by Patricia Cohen in the New York Times last week about inventions created by users: Innovation Far Removed From the Lab

At one point or another, most entrepreneurs find themselves in a place where they could use money. And oftentimes, they could use a lot of money. These entrepreneurs often dream about how much they could accomplish if they had millions in the bank. All the people they could hire. All the products they could develop. All the marketing they could do.

And as they sit and dream, most entrepreneurs think about venture capitalists. Venture capitalists, or VCs, are the folks with millions upon millions of dollars to invest in companies such as theirs. This includes the folks that funded Google and Yahoo and Netflix and Ebay, and many of the great recent companies which were able to start and grow to massive scale in just a short period of time.

Bank of America/Merrill Lynch has published a huge report on Asian demographics.

In it, the team lead by Sadiq Currimbhoy has published a fantastic set of population "pyramids" that show the way a given population breaks down by age at any given time.

If you're in the developed world, you'll be depressed at how old you're getting. And if you're in the developing world, you'll see there's years and years of relative youth ahead.

In this interview, Chris Ryu, Open Innovation Manager at LG shares insights and experiences on how LG innovate with small companies. You can find more information on LG´s open innovation efforts on their Collaborate and Innovate portal.

How well informed do you find small companies to be about open innovation?

From my experiences, they’re not informed with the term, “open innovation”, but I find that they understand and appreciate big companies’ open innovation initiatives. And for them, developing internally is not an option, so they must find right partners to work with to launch their product/solutions.

GroganDale.jpgWhat is this “new economy” we hear so much about? That’s the theme of Business Review’s forum scheduled for this week in Kalamazoo, as we examine where we are going in the “new economy.”

So we asked some of the people we invited to serve as hosts of our roundtable discussions at the event to offer their own definition of the “new economy.” Here are their responses.

The most recent crisis to hit microfinance began in India's southern state of Andhra Pradesh, where allegations of widespread over-indebtedness, heavy-handed collection tactics and borrower suicides have stirred a national debate about regulating the industry.

In October, the state government slapped restrictions on microfinance institutions that crippled lending and sent collection rates plummeting along with the share price of SKS Microfinance, India's largest for-profit microlender. On January 19, the Malegam Committee Report, released by the Reserve Bank of India, recommended a range of new regulations for India's microfinance institutions, including interest rate caps, loan limits and income ceilings for borrowers. Some observers welcomed the news; doomsayers predicted a credit crunch and industry collapse.

Finding a great support system is a common challenge for entrepreneurs trying to grow a successful business. Now the White House and private-sector leaders are turning more of their attention to the problem, and working on ways to nurture America’s entrepreneurs so they can create the next generation of great businesses.

The Startup America initiative is trying make America a more supportive place for entrepreneurs. The private-sector component, the Startup America Partnership, will bring together the countries most innovative corporations, universities and foundations to work with government agencies to dramatically increase the prevalence and success of American entrepreneurs.

Rising sea levels could threaten an average of 9 percent of the land within 180 U.S. coastal cities by 2100, according to new research led by University of Arizona scientists.

The Gulf and southern Atlantic coasts will be particularly hard hit. Miami, New Orleans, Tampa, Fla., and Virginia Beach, Va. could lose more than 10 percent of their land area by 2100.

The research is the first analysis of vulnerability to sea-level rise that includes every U.S. coastal city in the lower 48 with a population of 50,000 or more.

The venture capital industry is so heavily skewed to Northern California, which the remains spilled over Boston, New York & Southern California. There are of course other outposts like Austin and Seattle.

So it was wonderful to hear from a leading venture capital firm based in Washington DC. Revolution is a “stage agnostic” fund (means they invest early or late) funded entirely by Steve Case, the founder of AOL and co-founded by two other individuals, Tige Savage (yes, pronounced like the golfer, minus the “r”) and Donn Davis.

Willingness to take a risk is the hallmark of a serious entrepreneur. That’s why one of the first questions that potential investors ask is “How much of your own money, and friends and family, have you put into the new business?” If you won’t risk yours, you won’t get investors to risk theirs.

A while back I read the book “When Turtles Fly” by Nikki Stone, an Olympic champion, which explains this well. She provides many examples of success stories from entrepreneurs to Olympians. She proclaims that if you want to be successful, you need to be soft on the inside, have a hard shell, and willing to stick your neck out (“Turtle Effect”).



A new piece from World Business reviews the policy challenges facing the US cleantech industry while nations such as China and Germany increase their cleantech efforts and exports.

As a leading retailer of renewable, American fuels, Propel Fuels is actively seeking to maximize consumer adoption of clean energy in the US. According to Propel CEO Matt Horton, ”The stability of policy is far more important than very attractive policy in a lot of ways, because it is the volatility of policy that really hurts from a business planning standpoint.”



Tim Chavis faced a nightmare scenario when he joined Lawrence Technological University two years ago as the executive director of IT Services: too many scary-smart students and not enough wireless. The unmet demand for wireless networking access was astonishing, he says. So were the problems with connectivity. The university has 4,500 students, many of whom are studying highly technical fields such as architecture and engineering. About eight years ago the institution began a one-to-one laptop program for undergraduates and faculty, which includes all of the software needed for their specific degree programs. In 2001 the university implemented 802.1b wireless networking on campus. The combined laptop program and wireless effectively allowed students and faculty to have a computing lab wherever they were working. As wireless demand grew, IT increased the number of access points to provide additional coverage on 802.1b.

But that mish-mash of wireless gear had still left the campus with a lot of "dead areas and response issues," as Chavis describes them, where students couldn't connect to the network. That included student housing, which, in one building, didn't even have wired ports as an alternative. To get around the lack of wireless access in those locations, the students would go out and subscribe to cable service, then set up their own rogue wireless routers, which only compounded the problem. One building had over 90 such wireless LANs. "You can imagine how well that worked," he observed. "They were stepping on each others' toes."
Each day, before heading to the IT offices, Applications Analyst Ammar Abdulahad would visit the housing units to reboot the official campus access points.
At the same time, because the university was paying its Internet service provider for its fiber-delivered bandwidth by usage, the school was shaping network traffic to conserve its budget. That throttling also led to student complaints about the slowness of the network.
The combination of a lack of reliable wireless and limited bandwidth bred major discontent regarding connectivity. Students couldn't print their large design files directly to a network printer over wireless; they'd have to copy them to USB drives first and walk them to the printer. Architecture students, who practically live out of dedicated studio space to do their work couldn't rely on wireless to be available when they needed it during intense usage periods. Faculty couldn't always rely on the existence of wireless in their classrooms, no matter what IT Services tried.
"Literally, parents were calling the president directly and telling him, 'My student can't do their homework in their housing because you don't have working connectivity," Chavis recalls. "It was an important issue. Even during my interview, that was one thing I was told to fix."
Thus armed with a limited budget and marching orders to upgrade the wireless network at least in its housing units, IT Services went shopping, calling on the major wireless vendors, some of whom were undertaking sizeable installations elsewhere in the state. But one day Chavis saw an ad in a magazine for a wireless vendor that promised a solid network with fewer access points. "So I literally handed the ad to Ammar and said, 'Check this out,'" he recalls.
That company -- Xirrus -- offered to come in and do a site survey plus a pilot program for free. Other vendors had offered to do site surveys too; but, says Chavis, "They were taking floor plans and doing mathematical calculations on how they expected the coverage to be." Xirrus, on the other hand, "came out to the campus and hung access points on poles and walked around and did measurements." Then they offered a design that they guaranteed. That meant that if wireless proved to be missing in a spot, they'd make sure coverage was corrected at no extra charge. "They don't have the error in theory vs. practice, like some of the others," he explains.
Xirrus' technology, such as the XN8 Wi-Fi Array, uses a controller-less design and multi-radio arrays. The management functions typically provided by a centralized controller are actually built into each array. The multi-radio design combines multiple access points on one physical device. That approach offers several advantages at Lawrence Tech.

    * The deployment could be done with fewer access points. "Most vendors' proposals would have taken 350 access points to do complete campus coverage," says Chavis. "We ended up with about 90 devices from Xirrus." That was a big selling point, because it meant that IT had to do far less cabling.

    * Because each array covered a broader area, it could be installed in public locations and still deliver wireless throughout the floor as well as the floors above and below. "In housing we don't have to go into student rooms to do maintenance since we can place the arrays in hallways," he points out.

    * Plus, the arrays proved capable of sustaining serious device density. An auditorium filled with 150 students can have a single array supporting them all working on the wireless network.

    * Because there's no controller, there's also no single point of failure for the wireless network. "If we have that array in one floor and it goes down, we only lose coverage in that one area," explains Abdulahad, "But if we had a controller, whatever devices were connected to it would go down, and that could be multiple buildings."

    * Finally, campus wide network traffic is reduced because the decentralized controller doesn't act like a bottleneck, vetting all traffic. "If you have a user in housing talking to someone else in their own building, all that traffic stays right there," says Chavis.

Ultimately, Lawrence Tech was able cover the entire campus with 802.11n using Xirrus gear. "Originally we started out saying, 'Let's just get housing done this year. We were able to do a lot more with the same amount of money and with less time spent cabling," Chavis declares.
Deployment of the new wireless network was completed in fall 2009. Just a few months later, the university's ISP asked the school to pilot a program whereby bandwidth wasn't priced based on usage. "We completely opened up our pipe," Chavis says. "Suddenly there wasn't a cost based limit on what students could use, and unmet Internet demand was satisfied. The previous connectivity bottlenecks we had with wireless and ISP bandwidth were resolved."
Campus bandwidth usage went up four times higher than what it was before the wireless network repair. A laptop refresh in fall 2010, which also included wireless cards supporting the 802.11n standard, led to an increase in usage of another 30 to 40 percent.
Now when Abdulahad visits housing to troubleshoot a technical problem with wireless, it's most likely a local issue with a student's machine, he says. And Chavis hasn't heard of any more of those parent phone calls to Lawrence Tech's president about the campus network.
More importantly, the wireless network is no longer a barrier to learning. "We used to have constant help desk requests: 'We want to do this presentation and webcast it. Can you set up wireless for that and allocate bandwidth?' We don't have to deal with that anymore," Chavis says. "People just do it and know that it's going to work."
Another side benefit is that students previously would have to hunt out locations where they could get a wired connection or where they knew the wireless worked, "Now," concludes Chavis, "they're parked everywhere."
If you are interested in deploying a high performance Wi-Fi solution, please contact Xirrus at: This email address is being protected from spambots. You need JavaScript enabled to view it.
Xirrus
2101 Corporate Center Drive
Thousand Oaks, CA 91320

A team led by Charles Lieber, a professor of chemistry at Harvard, and Shamik Das, lead engineer in MITRE's nanosystems group, has designed and built a reprogrammable circuit out of nanowire transistors. Several tiles wired together would make the first scalable nanowire computer, says Lieber. Such a device could run inside microscopic, implantable biosensors, and ultra-low-power environmental or structural sensors, say the researchers.

For more than a decade, nanowires and nanotubes have promised to shrink computing to scales impossible to achieve with traditional semiconductor materials. But there have been doubts about the practicality of nanowires and nanotubes as actual computing systems. "There had been little progress in terms of increasing the complexity of circuits," says Lieber.

The Chinese Academy of Sciences (CAS) has announced Innovation 2020 goals

Special emphasis is on four key areas, namely space science, information technology, energy and health.

Innovation 2020 will initiate pilot projects in 7 key areas in 2011: nuclear fusion and nuclear-waste management; stem cells and regenerative medicine; calculating the flux of carbon between land, oceans and atmosphere; materials science; information technology; public health and the environment.

The academy would set up a series of research centers, including a space science center, a center for clean and efficient use of coal, and a research center for geo-science devices. Three science parks will also be established in Beijing, Shanghai and Guangdong, with the objective of accelerating the commercialization of scientific and technological research to create marketable products.

Quite a few years ago those folks involved in innovation came to the conclusion that the Front End of Innovation needed to be treated differently than the downstream steps. Although the highly structured “Stage-Gate” model is perfect for development, the front end of innovation requires something much fuzzier. This Fuzzy Front End of Innovation requires a collaborative tool; one that is disruptive and chaotic (not structured). What’s required is a place for people to congregate, get challenged and where ideas surface serendipitously.

Confession: I'm addicted. Signs of my habit hang around my neck like a noose. Evidence is in my pockets, my tote bags, my calendar. My eyes have dark circles, and I'm distracted at work. It's true: I'm a conference junkie.

It all started quite innocently. In my twenties, I attended maybe three or four conferences a year -- the Independent Sector gathering to meet colleagues; Renaissance Weekend for personal development and networking. I knew my habit had escalated from casual attendee to devotee, but until I sat down to write this, I didn't realize how my addiction had ballooned. I estimate that in 2010, I attended at least part of nearly 30 conferences. Maybe Lindsay Lohan and I can be roommates at Betty Ford?

As climate change threatens the survival of traditional cities, architects focus more on green, sustainable buildings. The result is a wave of developments that look like something out of science fiction.

We've picked out some of the coolest designs, based on an article in Travel and Leisure.

Many of these buildings run entirely on solar or wind power. Some cities aim to have zero waste and carbon emission. Achievement of this would mean banning cars and replacing them with pod-like underground transit systems, making our world look like a page from a Jules Verne novel.

Harvard University has a long way to go to match MIT’s 100K competition for startups - but North Bridge Venture Partners is bringing the storied institution $10,000 closer.

The Waltham venture capital firm will announce today it is putting 10 grand toward this year’s Harvard College Innovation Challenge TECH Prize, tripling the pot for Harvard’s startup competition to $15,000.



Only 2 years old, ‘lil Rose from Seattle aces her Periodic Table of Elements game. Next up, a play date with 3 year old Jonathan who conducts the 4th movement of Beethoven’s 5th for laughs, and another pal, Samuel, who recites the poetry of Billy Collins and Lord Alfred Tennyson. I’m feeling a little better about our future…

In the world of technology, new ideas rule. But that doesn't mean companies should keep their research labs under lock and key. Henry Chesbrough, a professor at the Haas School of Business at the University of California, Berkeley, has spent years documenting the benefits of "open innovation." Chesbrough recently told Tom Simonite, Technology Review's IT editor for hardware and software, why it works.

TR: What is open innovation?

Chesbrough: It's the idea that companies should make greater use of external ideas and technologies in their own business and allow their own technologies and ideas to be used by others in their business. The term originated in 2003 when I published my first book on the topic.

It’s hard to not be moved by the cri de coeur (cry of the heart) of the Egyptian people. A cry for freedom so loud the borders of Egypt can’t contain it. I don’t think I’m being hyperbolic in saying we are witness to the rise of a new world order. An era defined by entrenched public and private sector institutions is giving way, right before our eyes, to a new era defined by self-organization. While we have sensed the trend for a while the clarity and immediacy of the tangible quest for freedom in Cairo’s Tahrir (Liberation) Square is riveting and marks a global inflection point. There is no turning back. Not in Egypt and not anywhere in the world. Self-organized purposeful networks enabled by social media will not be stopped. Fasten your seat belts.


A 8.ª Conferência Anual da ProTon Europe (Associação Europeia de Transferência de Tecnologia) decorreu nos passados dias 26 a 28 de Janeiro em Lisboa, sob o tema “Transferência de Conhecimento — Aproximando a ciência e a indústria para um novo paradigma de sustentabilidade”. Com organização conjunta da ProTon Europe, COTEC Portugal, Faculdade de Ciências da Universidade Nova de Lisboa, Instituto Pedro Nunes e Universidade de Lisboa, esta conferência juntou 120 participantes, entre universidades europeias líderes no campo da investigação, empresas inovadoras e representantes dos institutos de patentes português, europeu e norte-americano.
“Hoje em dia existe um compromisso generalizado na aproximação entre a ciência e a indústria”, no entanto “num momento de crise, é necessário focarmo-nos no melhor uso dos recursos de que dispomos”, sendo um deles a experiência em energias renováveis, considerou Carlos Zorrinho, Secretário de Estado da Energia e da Inovação.

These days, I’m hearing more and more about Location-Based Services (LBS) as the next big opportunity for startups. So far, it’s just another mobile phone app that tells people where there friends are (Foursquare and Facebook Places), but it’s poised to be a lot more. Internet marketers see it as a better way to target consumers, and even retarget them to close a sale.

But entrepreneurs need to look more broadly than this to tracking, navigation solutions, safety, security, local business search, and payments. Beyond mobile phones, the same concepts can be applied to embedded systems, portable navigation devices, and laptops. Before long, the opportunities will be even greater from mining this data to reveal further insights.

It’s hard to not be moved by the cri de coeur (cry of the heart) of the Egyptian people. A cry for freedom so loud the borders of Egypt can’t contain it. I don’t think I’m being hyperbolic in saying we are witness to the rise of a new world order. An era defined by entrenched public and private sector institutions is giving way, right before our eyes, to a new era defined by self-organization. While we have sensed the trend for a while the clarity and immediacy of the tangible quest for freedom in Cairo’s Tahrir (Liberation) Square is riveting and marks a global inflection point. There is no turning back. Not in Egypt and not anywhere in the world. Self-organized purposeful networks enabled by social media will not be stopped. Fasten your seat belts.

Clay Shirky had it right when he warned us, Here Comes Everybody. An era defined by self-organization is an equal opportunity disrupter. No institution will be unaffected. Any government not reflecting the will of the people isn’t sustainable. Equally unsustainable are education systems not reflecting the will of the student, health care systems not reflecting the will of the patient, corporations not reflecting the will of the consumer, and economies not reflecting the will of the entrepreneur. Our social systems and institutions need transformation not tweaks. Clay Christensen taught us that institutions do not disrupt themselves. Institutions will not lead the inevitable 21st century transformation, self-organized groups of committed and passionate people, like the crowds in Tahrir Square, will.

This week’s Ask a VC has a different twist, since we had a different kind of VC on the show, John O’Farrell Andressen Horowitz’s guru on business development and deal-making.

The questions you asked O’Farrell are below. As usual, feel free to watch the whole show or use the links to skip ahead to your question.

“Have you ever invested in a single employee startup? Would this be a situation in which you guys would make a deal?”

The Small Business Association of Michigan has launched a major new initiative entitled Propelling a New Economic Direction for Michigan. This new economic direction focuses on entrepreneurial growth, small business job creation and a new state focus on economic gardening. The initiative will aggressively hold the new governor and legislators accountable for supporting home-grown small business job providers.

Find out more about our efforts by clicking on the links below:


Most of us don't stop learning after school's out. We may study for a professional qualification, in the hopes of a promotion, to make our working lives easier, or simply for the joy of learning.

If you didn't learn how to study effectively when you were young, though, you're probably wasting a lot of time.

Here's how to make the most of your studying time, so that you remember and understand what you're trying to learn – rather than just staring at the book in front of you.

The Innovation Union is a strategic approach to innovation, driven at the highest political level, and will focus Europe’s future efforts on challenges like climate change, energy and food security, health and an aging population, using public sector intervention to stimulate the private sector and remove bottlenecks that stop ideas from reaching the market. Despite the focus on simulating the private sector little attention has been given to describe individual firms’ roles in so-called “innovation partnerships”. Irene Martinsson outlines a way forward.

The wine business was founded by farmers. This group of people are basically scientists. They use the left (logical and repetitive based on history) side of their brains. “Prove it and I’ll use it,” is their axiom.

Now, imagine someone who comes along who is right brained (intuitive and creative), and that person wants to convince a farmer that the latest, innovative technology is going to help the farmer sell his products. “Prove it and I’ll use it” will still be the chant.

Imagine the frustration of the intuitive person, who needs the product to be used, in order to “Prove it.”

A couple of weeks ago a woman in the LinkedIn group Small Biz Nation started a discussion about time management strategies. She said that she opens her e-mail first thing in the morning. I mentioned that one time management strategy is to only check your e-mail twice a day. I’ve noticed that I can get a lot more done if I do essential tasks before I open my e-mail or check my phone.

Well, the responses were interesting. Several of the respondents talked about how important it is to check e-mail often. They have to be responsive to their clients; they have to be sure they know as quickly as possible when someone might need something. That got me thinking. Is that sense of urgency well placed?

The EPO received 232 000 European patent filings in 2010, 10% up on the 2009 figure (211 000). 39% of these filings originated from the 38 member states of the European Patent Organisation, 26% from the US, 18% from Japan and 5% from each of South Korea and China.

In 2010, the EPO granted 58 100 patents, 11% more than in 2009 (52 400).

"These figures clearly indicate that demand for patent protection is on the rise again, after the economic downturn of the previous two years", says EPO President Benoît Battistelli.

The EPO expects a further increase for the current year.

Article Image"We intended for something better, but it turned out just as it always does."

This famous quip, coined by Russian politician Victor Chernomyrdin in 1993, has become a catchphrase in post-Soviet Russia. It perfectly summarizes the attitude of contemporary Russians toward innovation or any attempt to enact change in Russia. A sense of helplessness has dominated the collective consciousness in the face of pervasive corruption, bureaucracy and outdated Soviet mentalities rampant in the country.

Twenty years after its collapse, the lingering legacies of the Soviet Union continue to prevent Russia from re-emerging as the superpower it once was. Its latest initiative, Skolkovo, has the potential to be the solution the country has longed for since the days of perestroika. It is Russia's first real attempt to transition from the Industrial Age of the twentieth century to the Digital Age of the twenty-first. If Skolkovo can successfully achieve its objectives, it will position Russia once again among the technological and ideological leaders of the world.

What’s in a name? A fair bit, actually, when it comes to the startup world.

Last week, I offered nine suggestions to keep in mind when you’re searching for the right name for your business. This week, I’ve got eight more. Like my previous story, these aren’t laws. They’re also not weighted equally and are mutable.

When you talk about vibrant West Coast startup scenes, obviously Silicon Valley dominates the conversation. Then there's Seattle, of course. And I'd be remiss if I didn't mention Portland too. But just north of the border, the entrepreneurs in Vancouver, British Columbia insist that their city should be viewed alongside these other prominent West Coast hot-spots.

Home to the recent Olympic Winter Games, the coastal city is Canada's eighth largest, often ranking as one of the most livable cities in the world. Known for its proximity to both the mountains and the ocean, it's a great spot for the outdoorsy, the adventurous, and yes, the entrepreneurial.

Just 1 out of every 100 U.S. schoolchildren excels at science, while less than a third of their peers reach grade-level proficiency in the subject, according to the Nation's Report Card released Tuesday.

The scores are not nearly good enough given the demand for innovators, inventors and problem solvers required to keep the country on the cutting edge of industry and enterprise, education officials said.

America’s innovation leaders have a lengthy wish list for policymakers returning to Washington.

Last year, the National Foreign Trade Council’s Global Innovation Forum convened a series of workshops in innovation centers around the country. We asked small business CEOs, innovators from large companies such as General Electric and Procter &Gamble, entrepreneurs and educators in Detroit, Palo Alto and Research Triangle Park about their biggest obstacles to growing innovative businesses in the United States and how Washington could help. Here’s what they told us:

Obstacles to U.S. Innovation

Among the common problems they identified, the most frequently-mentioned is that U.S. immigration and visa policies are harming our ability to compete globally. “Access to global talent is one of the biggest issues facing the American video game industry,” said the president of Cary, North Carolina-based Epic Games. Our cumbersome system is driving jobs and research facilities to Canada, Europe and Asia.

Marc Andreessen and Ben Horowitz have raised nearly a billion dollars in the 18 months since they founded their Silicon Valley venture firm, Andreessen Horowitz, even though they’ve never been venture capitalists before.

How’d they do it? The obvious reason is that the two partners are incredibly successful entrepreneurs - Andreessen co-founded web-browser pioneer Netscape Communications Corp., hiring Horowitz as one of the company’s first product managers, and the pair founded software company Opsware Inc., selling it to Hewlett-Packard Co. for $1.6 billion. As a result, entrepreneurs trust their expertise, so they get access to the best deals.

Companies should avoid the temptation to brand their innovation program. While it seems like a great way to bring excitement and focus to innovation, branding these programs does just the opposite. Employees become cynical, they wait it out, and they go right back to doing what they were doing before.

I liken this advice to that from Edwards Deming on quality. His 14 Key Principles are legendary in the quality movement worldwide. Principle Number 10 says:

"Eliminate slogans, exhortations, and targets for the work force asking for zero defects and new levels of productivity. Such exhortations only create adversarial relationships, as the bulk of the causes of low quality and low productivity belong to the system and thus lie beyond the power of the work force."

ARLINGTON, Va. — Get on Twitter. Add a wine bar. Do as one bookstore owner did and rent out space for birthday parties.

Or, as a veteran store owner from Kansas tartly suggested, just sell books.

More than 500 independent booksellers debated their next step last week at the Winter Institute, the annual jamboree that is also attended by publishers who go to mingle with their customers and promote their most promising coming titles.

But this event belongs to independents, whose surviving members withstood first the expansion of the big book chains, and later the recession. Lately, they have watched as former powerhouses like Borders have faltered, while wondering what the troubles of their old adversary mean for them.

EurActiv LogoPrime ministers from nine northern European countries are meeting in London today (20 January) as part of a British initiative to find ways to boost growth and innovation in green technologies such as offshore wind.

The summit, involving Britain, Nordic and Baltic countries, is the idea of UK Prime Minister David Cameron, who believes Britain can learn from Nordic high-tech innovation and environmentally-friendly policies.

Not every “good” idea that gets submitted to the U.S.’s frontier R&D agencies (DARPA and ARPA-E) gets the gold ring of federal funding. But the DOE/ARPA-E says it has some ideas for providing some nonmonetary assistance for those that didn’t make it into the final funding rounds.

Since it was created about two years ago, ARPA-E says the number of proposals for disruptive energy innovations “has been thrilling.” My guess is that DARPA probably has less financial restrictions than ARPA-E, which is tied to a specific budget and, because of more transparency, the agency no doubt will feel political pressure over the next two years to deliver some breakthroughs it can brag about. Regardless, the “thrilling” response combined with budget limitations means that only a fraction of the good ideas really get funding from the project.

One of the most frequent questions entrepreneurs ask about when they raise a little bit of money or are getting close to launching their first product is whether they should hire a PR firm.

There is obviously no black-or-white answer, but I’ve tried everything from working a large international agency, to hiring in-house people to doing it myself. This post is a short guide to what I’ve learned:

1. PR is a process, not an event - For starters let me say that you shouldn’t do PR around milestones. It’s a continual process. You need to take months & years to build relationships with journalists. You help them on stories, act as a source, develop real relationships, read their stories and eventually when you have news they’re more willing to have a conversation. They get pitched by so many blowhards that more genuine people who aren’t in it for just a story stand out from the crowd.

How would your kids like to see their artwork every time they went to the grocery store? Well, thanks to Heinz Ketchup, they may be able to!

The Heinz Ketchup Creativity™ Contest is back for the fifth year running, and Heinz is asking students to once again pour on their talent for a chance to receive exciting rewards and recognition in 2011, including their artwork appearing on millions of iconic Heinz® Ketchup packets.

Via Chairman Bruce, the next iteration of design fiction: fictional entrepreneurship.
Fictional Entrepreneurship is the use of design fiction to imagine businesses in order to discover what could be, creating things that are not impossible, but possible, often times derived from utopian, theoretical, and philosophical principles. Fictional entrepreneurship aims to author critical media through the creation of enterprises (imaginary, and real).

While reflecting on this definition, I have come to the conclusion that this concept is in no ways limited within the walls of academia, but can also be executed within a “practical,” corporate culture for the following reasons.

1. Fictional Entrepreneurship is the design of business that begins with “what if…” in order to innovate the unimaginable.
2. Fictional Entrepreneurship is an approach to business design which can serve as a tool for reaching new, almost impossible, demographics.
3. Fictional Entrepreneurship is a a method that can be used by entrepreneurs to imagine the potential impact (good or bad) their business design can have on the world.
4. Fictional Entrepreneurship is the ability to make the impractical practical.
5. Fictional Entrepreneurship uses aspects of Design Fiction in order to work imaginatively while creating products and services that are not impossible, but possible.

Legal basics are important when building and running your small business. Legal issues related to your business could include resources, tips, legal advice and government policy and may depend on where your business is located. We’ve collected some links relevant for at least most businesses here in the U.S. and perhaps even beyond. Let this be a starting point for thinking about issues related to your small business.
Startup Basics

Where to incorporate your business. Forget the question of whether you should incorporate your small business or not. We’re assuming you already know the answer to that. Incorporating certainly provides certain benefits but when it comes to incorporating another important consideration is geography. So the question is, where will you incorporate? Under 30 CEO

Eric Schmidt is stepping down as CEO of Google and Larry Page is taking over, the company just announced in its earnings release.

Schmidt will become Executive Chairman, focused on "deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership," the company says.

Google's other cofounder, Sergey Brin, will take a more active role in strategic projects including product.

I rarely post material from other writers, but in this case I’m going to make an exception. Success coach Dawna Maclean published the following riff on Sales Machine posts which she’s kindly allowed me to repost. I think it’s definitely worth reading:
Today’s post was inspired by The 8 Stupidest Management Fads of All Time and The 5 Dumbest Management Concepts of All Time by Geoffrey James. I would respectfully disagree with some on his lists but I did enjoy his provocative perspectives.

Geoffrey’s articles got me thinking about the most dim-witted leadership strategies that continue to linger in today’s business community. The good news is that there is growing momentum in our appreciation for transparency and we are finally starting to embrace the power of mass collaboration.

It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. But the word is out on Reuters that LinkedIn, Twitter, and maybe even Facebook are looking hard at going public this year, so all of a sudden the IPO option is back in business plans again as an exit strategy for startups.

But before you jump on the bandwagon, you should consider the advice I saw recently from the maven of venture capital, William H. Draper III, in his new book titled “The Startup Game.” He says that you should never consider a public offering unless you are confident that the company will deliver increasing profits and revenue after the offering, so that the public buyer can anticipate a gain.

In 2010, a handful of mobile photo-sharing applications unleashed armies of handset users to snap pictures and instantly share them across multiple platforms and networks: Instagram growth exploded to become a Twitter for pictures; Picplz received generous funding, Path emerged from stealth mode, Occipital enabled 360-degree panoramic experiences, Foodspotting encouraged users to capture food images, DailyBooth positioned itself to focus on the front-facing camera, and World Lens translated signs from English language to Spanish. Photo-sharing features were also embedded into existing sharing services, such as Foursquare and Posterous. (This entire arc was captured in a discussion on Quora, “What explains the explosion in social photosharing entrepreneurial activity?”)

Abstract: Organizational immaterial assets are the key drivers for the organization’s problem solving capability and as a causal, for its innovative competence. A detailed review of the Intellectual Capital (IC) and the organizational IC management characteristics serves as a “Teaching-Part”. The paper’s “News-Part” starts with a review of the two actually most popular tools, which are used to work with organizational immaterial assets: the Balanced Scorecard and the Intangibles Reports. Since both of them show specific limitations, a new approach is introduced: The Intellectual Capital Management System (ICMS) allows to audit knowledge-based organizations in a standard approach, regardless of their size, sector and purpose. The ICMS overcomes the mentioned limitation by delivering harmonized reports. Depending on the nature of the individual organization’s knowledge initiatives, the ICMS can be linked to established tools such as the Knowledge Matrix (to monitor project work-flows) and/or the Balanced Scorecard (to control and measure the project status). The resulting modular tool offers support to all aspects of knowledge work, which are in a context to the management of the organizational Innovative Competence: Identifying, controlling, measuring and communicating intangible assets can be performed independently or combined according to the organizations preferences.

Download of the complete paper   (PDF / 28 Pages / 1.1MB):
http://www.hrm-auer.ch/downloads/UAM_ACCENTURE_2010_Auer_E.pdf

Download of a German Translation (PDF / 29 Pages / 1.1MB):
http://www.hrm-auer.ch/downloads/UAM_ACCENTURE_2010_Auer_D.pdf

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. That’s like trying to sell part of something to a stranger for big money when you haven’t fully defined it yet. It won’t work, it costs time and money, and hurts your credibility for when you need them later.

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). The challenge is finding and using qualified affordable support organizations for each stage. Don’t waste your resources on the wrong ones.

DURHAM, N.C. — Researchers at the Duke Cancer Institute who have been studying prostate cancer cells for decades now think they know why PSA (prostate-specific antigen) levels reflect cancer progression.

“This is the first demonstration of a mechanism that explains why PSA is a bad thing for a tumor to produce,” said senior author Sal Pizzo, M.D., Ph.D., chair of the Duke Department of Pathology. “I am willing to bet there is also a connection in cancerous cell growth with this particular biological signaling mechanism happening in other types of cells.”

The San Francisco Chronicle features an article today about a tiny house with a big impact that is sitting in a professor’s backyard. Karen Chapple, an associate professor of city and regional planning at the University of California at Berkeley, worked with students in engineering and design to build a 450-square-foot house that is a “net-zero energy” structure — that is, through solar panels, it produces more energy than it uses. Ms. Chapple thought her two-bedroom Berkeley bungalow “was too small for her constant stream of guests, her daughter, and an aging relative,” according to the Tiny House Blog. (The home had its ribbon-cutting ceremony over the weekend.)

A slew of new smart phones, tablet computers, and even TVs with front-facing cameras were announced at last week's Consumer Electronics Show (CES) in Las Vegas, opening the way for video calling to become the next big trend in communications. There's just one problem: a lack of interoperability between different video-chat platforms could mean frustrations for users.

Video calling was a key feature of many of the smart phones unveiled at CES—like the LG Revolution. Fourth-generation, or 4G, data networks that are being rolled out by mobile operators provide the bandwidth needed to deliver high-quality video to mobile devices. "We're hearing from carriers across the board that the number-one use case for 4G is video calling," says Jonathan Christensen, head of platform at Skype, the Luxembourg-based company that makes voice and video communications software. The reliability and speeds offered by the new networks add up to a video experience that matches that on a PC, Christensen says.

I love to vote. From the buzz of an engaged citizenry, to the sanctuary of the voting booth, to surfing channels and web sites to stay on top of exit polls and real time returns.  I love everything about Election Day.  Voting is at the heart of what makes our American experiment exciting. Voting is [...]

Have you ever heard someone say they want to be a polymath?  Have you ever heard anyone ask, how do I become a polymath?  I haven’t.  The word comes from the Greek polymathes or having learned much. A polymath is a person whose expertise spans a significant number of different subject areas. When we think [...]

Institutional America has knocked the start out of us. We need to get back to being great at starting things in our country. Calling all entrepreneurs. This means you.  Yes, you.  In talking with some of the most entrepreneurial people on the planet I am surprised by how many don’t think of themselves as entrepreneurs.  [...]

I love Thanksgiving.  It’s my favorite holiday. What’s not to love?  Food, family, and football are three of my favorite things.  The prodromal smells of homemade cooking pervade the house which means turkey and pecan pie are only days away.  Smiling is easy this week while making sure everything is perfect for the welcome cacophony [...]

Capabilities are the amino acids of innovation.  They are the building blocks that enable value delivery.  Innovation is a better way to deliver value and is often the result of repurposing existing capabilities.  Locking capabilities into rigid organization structures and proprietary closed systems gets in the way of unleashing new sources of value and solving [...]

If the goal is to develop markets start by developing talent.  If you want to accomplish the most amazing things focus on developing the talent of amazing people. Mentoring and coaching are the most important leadership roles.  Innovation starts by surrounding yourself and connecting with the best talent.  If you want to attract the best [...]

I highly recommend mapping your organization or community genome.  Understanding the basic genetic code or wiring of any organization is key to understanding what drives the behavior of both internal and external stakeholders.  Intimate knowledge of the genome’s chromosomal makeup is a prerequisite for alignment and making meaningful progress.  It explains why employees, customers, and [...]

I’m the least trendy person on the planet.  I’m the last one to recognize a trend and the first one to move away from a trend if I stumble upon one.  I know that sounds weird coming for a guy who has spent most of his career in marketing but it’s true.  I’m far more [...]

If only we could start 2011 and the new decade by putting up a “closed for renovation” sign clearing the way to transform our education, health care, energy, and economic systems.  We don’t have the luxury.  Tweaks won’t work and nothing short of systems transformation is needed. Our collective challenge in 2011 is to catalyze [...]

The looming specter of an $8 billion budget deficit will cast its shadow over nearly everything that happens — or doesn’t happen — in the Ohio legislature this year.

But that won’t stop key interest groups from throughout Ohio’s healthcare community from pushing for (and against) prospective laws that they hold most (or least) dear.

With Republicans in control of the governorship and both houses — and most GOPers having never met a tax cut they didn’t like — it’s virtually certain the deficit will be tamed by deep spending cuts, rather than the addition of more revenues.

Many start-up businesses wrongly copy the hitch hiker when it comes to pricing.

Whilst an outstretched thumb works by the roadside, a finger placed in the air almost always plucks financially flawed figures.

Pricing products or services (especially for the first time) is not easy, but considered calculation based on some key principles can make all the difference between business success and failure. Using the following example throughout, this article will highlight what needs to be done to price goods effectively.

The White House Initiative on Asian Americans and Pacific Islanders Summit on Entrepreneurship and Small Business Growth will be live streamed on Friday, Jan. 7th, here.

The program will begin at 9am PST and aims to raise awareness of the Administration’s efforts to drive economic growth.

See the full program after the jump:

9:00 – 9:15 Welcome and Opening Remarks

Daphne Kwok, Chair, Presidential Advisory Commission on Asian Americans and Pacific Islanders
Dilawar Syed, Economic Development Chair, Presidential Advisory Commission on Asian Americans and Pacific Islanders

9:15 – 9:45 Keynote

The Honorable Gary Locke, Secretary, Department of Commerce, Co-Chair, White House Initiative on Asian Americans and Pacific Islanders

David Tennenhouse walked quickly past dozens of HDMI technology, audio and other companies exhibiting here at the Consumer Electronics Show in Las Vegas.

He didn’t care about the latest gadgets - he’s seen most of them before - or even the newest in robotics.

No, what the former chief scientist and director of information for Defense Advanced Research Projects Agency (who also served as director of research for Intel Corp.) wants to do is “liberate” great ideas from big companies.

Vote for RichWe're almost there, but we still need your vote!

If you have voted, we thank you for your support.  If have not, we would appreciate your vote for Rich!

Rich Bendis has been nominated as a top speaker candidate in the Innovation and Creative category from Speakers Platform.

To read his nomination letter and learn how you can vote for him:

Click Here

Voting is open until Jan 11, 2011!

LinkedIn, the popular social networking site built around professional relationships, plans to go public this year and has hired banks to advise it on the process, people with direct knowledge of the matter said on Wednesday.

LinkedIn chose Morgan Stanley, Bank of America Merrill Lynch and JPMorgan Chase as three advisers, following a round of pitches held in early November, said one of these people, who requested anonymity because the process was confidential.

How did Galileo Learning begin? We started seeing more of a focus on academic subjects such as math and literacy and less on the outlying subjects. But our world needs innovators and thinkers, so we wanted to create a summer program that would complement what they learn in the school year, but nurture the next generation of innovators.

What are the two programs offered? The middle school program, Galileo Summer Camp for fifth- to eighth-graders, is two weeks and allows kids to use more-sophisticated equipment, materials and do more in-depth projects. Camp Galileo, for pre-K through fourth grade, is only one week and focuses on the innovation.

JumpStart Ventures, the non-profit that invests in and partners with innovative, early-stage companies in Northeast Ohio, closed four investments – putting $800,000 in four early-stage companies – in the past two months. The recent investments bring JumpStart Ventures’ investing totals for 2010 to $3.1 million via 15 investments.

JumpStart Ventures’ most recent investments were made in new portfolio companies MedCity Media and Caralon Global. Cleveland, OH-based MedCity Media has developed an online news service and content generation model specific to the healthcare industry. It plans to use the funding to add Raleigh/Durham, NC and Philadelphia, PA to its list of demonstration markets, which already includes Cleveland and Minneapolis/Saint Paul, MN. Caralon Global is a Cleveland company developing and commercializing an ultra-thin, highly efficient insulation product. The seed funding will help the startup complete life-span testing on its patent-pending vacuum insulated panel that reduces heat transfer better than traditional fiberglass or polyurethane products.

The new year has arrived, and none to soon for many in the biotech industry. To mark the changing of the calendar year, we asked several industry gurus to gaze into their crystal ball for a glimpse of what may come to pass in the year ahead, and beyond.

Based on their prognostications, pharma continues to have its work cut out to not only soften the blow from looming patent expirations, but perhaps more importantly, to survive in what E&Y’s Glen Giovannetti calls the emerging health outcomes ecosystem.

Q: I'm hearing more about SBICs as a way for small businesses to get outside investment. How do they help private companies?

—R.P., Detroit

A: Your question is a timely one. Small business investment companies provided $1.59 billion to small businesses in 2010, the highest single-year volume in the program's 52-year history, according to the U.S. Small Business Administration. SBICs are for-profit venture capital firms, privately owned and managed but licensed and regulated by the SBA.

The SBIC program was started in 1958 to make capital investments in U.S.-based small businesses. Companies with tangible net worth of $18 million or less and average net profits of less than $6 million over the previous two years are eligible for SBIC investment. Funding from SBICs boomed in fiscal year 2010, increasing 23 percent over the previous four years.

Jonathan M. Rothberg fancies himself the Steve Jobs of biotechnology. While much less known than the Apple leader, Dr. Rothberg is also a wealthy entrepreneur with a reputation as a visionary, a masterful promoter and a demanding boss.

But what Dr. Rothberg really means is that he wants to do for DNA sequencing what Mr. Jobs did for computing — spread it to the masses.

Dr. Rothberg is the founder of Ion Torrent, which last month began selling a sequencer it calls the Personal Genome Machine. While most sequencers cost hundreds of thousands of dollars and are at least the size of small refrigerators, this machine sells for just under $50,000 and is the size of a largish desktop printer.

Larry King wrapped up his CNN television show recently with a kind of schmaltzy program, as one might expect. Amid a particularly awkward segment where Fred Armisen from Saturday Night Live was imitating Larry King and peppering him with questions, he asked, “What the best interview question?”

The real Larry King responded, “’Why?’ is the greatest question because you can’t answer it in one word, and it forces the other person to think.”

What a great strategic insight about such a simple question.

The Census Bureau recently released the results of the 2007 Survey of Business Owners, the government’s effort to examine American businesses every five years. The survey paints an interesting picture of what the average American business looks like.

The largest share of American companies is in the professional, scientific, and technical services sector, which accounts for 14.0 percent of U.S. companies. Construction accounts for the next highest portion at 12.6 percent. Manufacturing and agriculture, once the mainstays of American business, now account for 2.3 and 1.0 percent of U.S. companies, respectively.

Every startup needs to understand that the customer paradigm has dramatically shifted over the past two years with pervasive social networks and smartphones. The customer base is no longer a mass audience that can be driven by mass media, but a dynamic network of individual customers who interact with each other, and expect to interact with you as a business.

If your business doesn’t connect with your customers, individually and as a community, demanding customers will not only ignore you, but will actively keep other customers away. According to the 2009 Tribalization of Business Study by Deloitte Development, one third of all online communities now launched by businesses fail to engage even a hundred participants.

MISSOULA, Mont. — The flying abilities of even the most prosaic bird put airplane maneuvers to shame, and experts here at the University of Montana Flight Laboratory are cognizant of that every day.

“Birds can do some pretty spectacular things,” said Kenneth P. Dial, a biologist who, in 1988, founded the lab at a field station near the University of Montana. “They can go from 40 miles an hour to zero and land on a branch that’s moving, all in a couple of seconds. It’s inspiring.”

Dr. Dial and Bret W. Tobalske, a biologist and the director of the lab, are obsessed with trying to bridge the gap in flying abilities between humans and birds. At a laboratory filled with wind tunnels, high-speed cameras, lasers, surgical equipment and a device that generates clouds of olive oil, they and several graduate students try to divine the secrets of bird flight.

Exit activity for venture-backed companies moved closer to levels seen prior to the recent economic downturn, according to figures released today by industry tracker Dow Jones VentureSource. 514 companies achieved liquidity in 2010, netting $39.3 billion, a 25% increase in exits from 2009.

46 venture-backed companies went public in 2010, raising $3.4 billion. That's a five-fold increase from the 8 IPOs that raised $903 million in 2009. M&A activity did drop off in the fourth quarter of the year, but overall it was ahead of 2009 as well, with 445 M&As raising $33.9 billion.

VC Funding in Greentech in December 2010

In the face of periodic eulogies for greentech venture investment, we submit to you our immense list of December greentech funding rounds.

VC Investment in Solar

SolFocus, the Mountain View, CA-based concentrating photovoltaic (CPV) specialist, is due to close on a $50 million-plus Round D of venture funding in the coming weeks. $20 million of this still-open round comes from DSBJ, SolFocus' manufacturing partner in China. This brings the total VC funding for the company to more than $190 million.





Second Part relates to Goals for 2011 for iD:


-1,000,000 unique visitors
-10,000,000 page views
-2,000,000 visits
-300,000,000 hits

we need your help to achieve these aggressive goals
How:


1) refer iD to your friends (build link)
2) we are willing to add your databases to our base of readers with a personal message from you, that you are providing them a valuable information toool.
3) RSS feeds..................need words for this

(See email response to rich for verbiage)

4) Partnership relationships with your organization  (NASVF.ORG, USINNOVATION.ORG)  Website embedding
5)??????????

-- Distribution Lists will be Dropped at this time... 

6) Sponsorship (.... not advertisers ... but sponsors)

 

 

 

We have been approached by people wishing to "advertise"

Need  both your thoughts on both messages?

The year wrapped up with a robust amount of deal activity, bringing some much-needed liquidity to U.S. venture funds.

The fourth quarter saw more money change hands in acquisitions of venture-backed companies than any quarter since the end of 2009. Venture firms sold $10.65 billion worth of companies in 112 deals, beating out the third quarter’s total by more than $2 billion on 24 fewer deals, according to VentureSource, a research unit of Dow Jones & Co., publisher of this newsletter.

SHENYANG—Rows of new white minibuses marshal at the entrance to Brilliance Auto's sprawling complex on the outskirts of this industrial city of 4.2 million people in northeastern China. The complex includes assembly shops, dormitories and corporate headquarters, in addition to temporary parking for the company's products. In one cavernous, dimly lit shop, workers in tan overalls with blue highlights repeat over and over the same basic assembly task as a conveyor belt slowly but steadily carries the skeletons of future minibuses from station to station at the pace of the slowest worker. The air is filled with brief blasts of whirring power tools and the smell of ozone and rubber. Everywhere is the logo of Brilliance, a blocky knock-off of the oval symbol of the world's largest automaker Toyota.

The past decade or so has seen explosive growth in the number of social entrepreneurs — innovators who take a business-like approach to solving social problems. NPR is profiling a number of these people this year.

NPR's Larry Abramson looks at how the movement has matured — it's even becoming a full-fledged academic discipline.


On a recent evening, a few dozen people gathered at a Washington, D.C., restaurant to share food, drinks — and ideas on how to attack some of the biggest problems on the planet, such as hunger in Africa and health care in India.

But this group isn't made up of big-time diplomats or bureaucrats. Many head small organizations they started themselves.

It’s the day after New Year’s— broken your resolutions yet? No guilt necessary. After all, it’s hard enough to make it through a day, never mind a year, of good intentions. The problem is often with the resolutions themselves: Stay financially upright. Be loving to your spouse. Eat better. Recycle. Easy to say, but hard to do. So here, a guide on making those resolutions stick — and keeping the guilt at bay.

In the 17 Dec 2010 issue, the editors and news team at Science named their annual breakthrough of the year. This year, the honor went to the first quantum machine -- a microscopic cantilever ingeniously lowered to its lowest possible energy, the quantum ground state. The result may lead to ultrasensitive force detectors and to ways of controlling an object's mechanical vibrations as deftly as we now control electricity and light. Other impressive achievements honored with runners-up commendations included the first cell with a synthetic genome, the genome sequence of the Neandertal, and a microbicidal gel that reduces a woman's risk of being infected with HIV. The news staff also took a break from their regular reporting to look back at the past 10 years and highlight 10 great scientific "insights of the decade" and the technologies that made them possible. Cryoelectron tomography, for example, brought into focus the cell's components, allowing scientists to get atomic-level detail of whole-cell organization. And ever more powerful computers have enabled high-throughput genome sequencing methods, calculations needed to model protein folding on the time scale of milliseconds, and digital surveys of the cosmos. Features on Science Online included a video highlighting the year's top breakthrough and a Science Careers profile of a graduate student who contributed to the achievement; a special edition of the podcast featuring some big ideas from the past decade; and a roundup of readers' picks for this year's crowning scientific advance.

Visit the Website

We all know the Facebook story or at least saw the movie. A site for college kids to publish their pictures became an Internet phenomenon. But while grandma may now be posting what she ate for breakfast, the real revolution Facebook has created is for advertisers. Brands are salivating at the prospect of reaching the 500 million users who collectively spend over 700 billion minutes a month on Facebook.

In 2011 and beyond, Facebook will become one of the most important marketing channels in the world. Already, Facebook is on track to generate more than $2 billion in ad revenues in 2010, far surpassing earlier estimates of around $1 billion, and will likely skyrocket past that figure in 2011, as more marketers shift budgets from TV, radio, and print to the social realm. Proctor & Gamble got a head start on this move by recently announcing it would transfer the majority of its daytime TV advertising budget to social platforms like Facebook and Twitter.

NEW Year’s resolutions often have to do with eating more healthfully, going to the gym more, giving up sweets, losing weight — all admirable goals aimed at improving one’s physical health. Most people, though, do not realize that they can strengthen their brains in a similar way.

While some areas of the brain are hard-wired from birth or early childhood, other areas — especially in the cerebral cortex, which is central to higher cognitive powers like language and thought, as well as sensory and motor functions — can be, to a remarkable extent, rewired as we grow older. In fact, the brain has an astonishing ability to rebound from damage — even from something as devastating as the loss of sight or hearing. As a physician who treats patients with neurological conditions, I see this happen all the time.

The graphic design marketplace DesignCrowd has just published a list of its take on the best and worst startup logos from 2010. As logo design is one of the creative services most likely to be outsourced, it's interesting to see DesignCrowd's assessment of what design trends and styles were innovative and successful. The list breaks it down into the good, the average, and the ugly.

On the list of good logos are many of this year's most successful companies (Groupon, for example). But some of this year's popular startups made it on the ugly logo list as well (such as Foursquare, not surprisingly).

The issue of income disparity in Toronto has once again been brought into the public eye by a December 15th report by University of Toronto Professor David Hulchanski. The report, “The Three Cities Within Toronto,” points to a growing disparity in incomes between Downtown Toronto, the inner suburbs, and the outer suburbs of the city. The report demonstrates that between 1970 and 2005 the residents of the once prosperous outer suburbs have been losing ground compared to the now wealthy downtown core. The results for the inner suburbs have been mixed.

In 1970, 66% of city neighbourhoods were considered middle income. Only 15% were considered high or very high, and 19% were low or very low. In 2005, only 29% of neighbourhoods were considered middle income. The number of high or very high income neighbourhoods rose to 19%, while low and very low income neighbourhoods made up a staggering 54% of neighbourhoods.

December 29, 2010|Nathaniel Popper, Los Angeles Times

Reporting from New York — Alexis Ohanian's company, Reddit, was based in New York four years ago when it decided to follow the yellow chip road to Northern California.

"New York didn't feel like a place where things were happening," Ohanian said. "There weren't a lot of people having conversations about start-ups, frankly."

But this year, Ohanian headed back east.

New York now has a hot Internet scene. There are marquee start-ups such as social networking service FourSquare and fashion website Gilt.com, and heavyweights such as Google Inc. have increased their presence.

Ohanian returned as the first New York-based employee of Y Combinator, a Silicon Valley investment firm that seeks out promising start-ups.

He's glad he made the move, even though he's working harder.

In an effort to provide Oklahoma entrepreneurs with the most current and relevant tools for start up success, i2E is launching a novel Entrepreneur in Residence (EinR) program. This lecture and advisory series will be delivered by a cadre of nationally recognized experts possessing unique experience as entrepreneurs, investors and authors who will deliver meaningful and actionable content to entrepreneurs. The EinR Program is designed as an intensive, workshop-like environment focusing on the most critical elements of a business that are vital to its ultimate success. To drive the program forward, i2E has named Mr. Bill Payne as the lead Entrepreneur in Residence. Mr. Payne is an internationally recognized entrepreneur, angel investor, former Entrepreneur-in-Residence for the Kauffman Foundation and author of The Definitive Guide to Raising Angel Capital. As our Lead EinR, Bill is co-developing the i2E curriculum and is instrumental in identifying the best possible faculty for each discipline.

You’ve decided you’re going to be a company your customers love. To do it, you’ve dedicated real resources to social media, you’re listening before you speak, and you’re creating systems to help you manage what’s being said about you. Now you just have to stop hiding from customers.

Wait, what?

One of the most common mistakes small business owners make in social media is that they set up shop and then forget to tell anyone about it. Sometimes it’s fear, sometimes they expect their customers will find them, and other times it just slips through the cracks. The brands that do well on social media are the ones that actively promote their accounts. After all, a customer can’t “like” a page they don’t know about, just like they can’t do business with a brand they’ve never met. If you don’t have a plan for how to introduce your social media presence to customers, you’re essentially hiding from them. And you need to stop it.

The first 150 MW round of India’s national solar mission is well underway, or at least the signed contracts would lead most to believe so. The Jawaharlal Nehru National Solar Mission (JNNSM), which aims to install 10 GW of PV by 2022, is an intricate framework of rules and incentives designed to effectively tap one of India’s most plentiful resources. After this first 150 MW round, to qualify for the JNNSM’s incentives, developers must use domestically manufactured cells and modules. For companies like Moser Baer, which is preparing to boost production capacity, this is a welcome provision. Foreign producers and their governments are not so excited about being locked out of what could be one the world’s largest markets, as MJ Shiao mentions in his article about international solar trade

A single neuron sits in a petri dish, crackling in lonely contentment. From time to time, it spontaneously unleashes a wave of electric current that travels down its length. If you deliver pulses of electricity to one end of the cell, the neuron may respond with extra spikes of voltage. Bathe the neuron in various neurotransmitters, and you can alter the strength and timing of its electrical waves. On its own, in its dish, the neuron can’t do much. But join together 302 neurons, and they become a nervous system that can keep the worm Caenorhabditis elegans alive—sensing the animal’s surroundings, making decisions and issuing commands to the worm’s body. Join together 100 billion neurons—with 100 trillion connections—and you have yourself a human brain, capable of much, much more.

The secondary markets where shareholders of hot private companies like Facebook and Twitter can sell their shares could be facing greater government scrutiny, according to multiple news reports.

The New York Times published a story last night stating that the Securities and Exchange Commission “has sent information requests to several participants in the buying and selling of stock” in Facebook, Twitter, LinkedIn, and Zynga. The story didn’t have many details about the investigation, and, oddly, SecondMarket, the leading marketplace for these types of shares, said today that it has not been contacted by the SEC.

The outlook for venture-capital investment sounds similar to the prognostications for the rest of the economy in 2011: better than 2010.

However, the recent survey by the National Venture Capital Association contains one worrisome sign for the Philadelphia region. Life sciences may no longer be ascendant.

Attach your favorite reason for why that may be. The Food and Drug Administration is approving fewer new drugs than in the past. There is continuing uncertainty over how health-care reform will affect reimbursement for drugs and diagnostic tests. And quite frankly, the few life-sciences companies that did go public in 2010 saw their share prices sink.

There is no getting around that less investment flowing into life sciences would hamper an active corner of the region's start-up community.

As many of my readers will know, yesterday we released a new study "Creative Vitality in Philadelphia," that looks at the health of our creative sector - for-profit creative businesses, nonprofit arts and culture groups, and individual artists and creative workers. This research uses something called the Creative Vitality Index, or CVI, that has been developed by a group called the Western States Arts Federation. Because the data is national, aggregating an array of different sources of information, it provides a great vehicle for measuring our creative sector's vitality over time, and also to benchmark ourselves against the nation and other communities. You can access a PDF of the full report here.

The big "take-away" number from the report is that Philadelphia's CVI rating is 1.7, a full 70% higher than the national benchmark of 1.0. The region performs somewhat more modestly - at 1.1 ranking the region 16th out of the top 50 metro areas, though in terms of growth the Philly region has the fifth highest growth rate of the three years covered in the study (06-08). The CVI rating of our nonprofit arts activity is an astounding 500% higher than the national benchmark.

To read the full, original article click on this link: Arts, Culture and Creative Economy: Creative Vitality in Philadelphia - Telling the Story: World Cafe Live and WXPN

Author:

You're the business owner and you set the budget, so the size of your paycheck is entirely up to you. But while the freedom of setting your own salary sounds great in theory, in practice most business owners find it a tough call. Should you pay yourself what you need to cover expenses? What your business can afford? The salary you left behind to launch your business?

Your best bet is to factor in all three, and more. For your business to succeed you might consider taking a temporary drop in income. On the other hand, paying yourself far less than you're worth, or nothing at all, paints an unrealistic picture of the viability of your business for you or potential investors.

To read the full, original article click on this link: How to Budget Your Own Salary | Reuters

For all the crazy stories you've heard about China, the world's biggest country is going to keep blowing your mind.

The speed and size of economic development going in China right now has never happened before. In just ten years, a small emerging market has transformed into a geopolitical bruiser that can go toe-to-toe with Ben Bernanke.

Like it or not, China plays a critical role in the global economy from here out. Let's hope it hope doesn't crash.

To read the full, original article click on this link: 17 Facts About China That Will Blow Your Mind

Author: Gus Lubin

West Virginia’s future as a leader in technology and innovation took a leap forward last Wednesday with the transfer of the former Dow Tech Park to the West Virginia Higher Education Policy Commission.

It’s an important step in the Charleston Area Alliance’s technology-based economic development strategy. The creation of the new West Virginia Education, Research and Technology Park (WVERTP) is the culmination of the work of many partners over the past decade and represents a tremendous opportunity for our region and the nation. 

Dow’s donation to the state has saved about 500 high-paying jobs with benefits. The average salary at the park is $81,900.


To read the full, original article click on this link: » west virginia education research and technology park


H.R. 5116, the America COMPETES Reauthorization, has just passed the U.S. House of Representatives, after having been passed by the U.S. Senate last Friday. The final vote was 228-130. The bill includes both science park planning grants and loan guarantees.

We at AURP want to especially thank Senator Mark Pryor of Arkansas, who along with Stephen Lehrman of his office tirelessly championed this legislation and was instrumental in making sure that science park support was included within America COMPETES, so vital to America's future innovation.

Most of all, we would like to thank you, our AURP members, for being so active and responsive.

We look forward to working with you in the upcoming months as the bill moves through the appropriation process.

Happy Holidays!

Harold Strong
AURP President

Brian Darmody
AURP Past President

AURP Governmental Relations Committee Chair

Eileen Walker

AURP Chief Executive Officer

So here we are already in December. Budgets are being argued, numbers fixed, concepts and plans discussed, high hopes build for a successful 2011. Tell me what did we learn from 2010 from an innovation perspective that we can build upon in 2011?

For me a number of important lessons or impressions come out of 2010 that I’ll continue to build upon in 2011 as areas of opportunity for changing, challenging or clarifying. These I simply summarize in ten points for this column:

I felt 2010 was a ‘crossing point’ in innovation maturity to position us in 2011. We began to consolidate what we know, explore with growing confidence what we didn’t know and experiment in-between. That was healthy in such a tough year of uncertainty. Now we need to build on this in different ways.

1. Firstly, “ideas and alternative solutions coming from everywhere” is now fixed in most peoples’ minds, unless you have freshly arrived from Mars. What we all need to work through is the significant implications, the different structures and management approaches for opening up organizations to this ‘rush’ of diverse thinking.

To read the full, original article click on this link: Reflections from a Tough 2010 for Innovating Differently in 2011 | InnovationManagement

Author: Paul Hobcraft

For a hundred years, Americans have been moving south and west. This, with an occasional hiccup, has continued, according to the 2010 Census.

During the 2000s, 84 percent of the nation's population growth was in the states of the South and West (see Census region and division map below), while growth has been far slower in the Northeast and Midwest. This follows a pattern now four decades old, in which more than 75 percent of the nation's population growth has been in the South and West. Indeed in every census period since the 1920s the South and West attracted a majority of the population growth.

To read the full, original article click on this link: 2010 Census: South and West Advance (Without California) | Newgeography.com

Author: Wendell Cox


Physic Ventures is a venture capital firm that wants to change the world. Unlike other VC firms, the four-year-old San Francisco-based firm doesn't focus on one industry (such as health care, IT, or cleantech). Instead, Physic puts its money in companies that address pressures on our social systems and natural environment. That means investing in everything from skincare company Own to materials company Novomer.

Physic ("the science of healing" in Latin) has a number of criteria for potential companies, explains co-founder William Rosenzweig, the founding CEO of the Republic of Tea. Physic looks for startups that address "really big markets that are coalescing," leverage innovative technology, have a market-ready application, feature great leadership, and have a space where Physic can add value. If a startup meets these criteria, it will be rewarded with access to Physic's extensive Rolodex of corporate contacts.

To read the full, original article click on this link: Why These VCs Focus on Innovation, Not Industries | Fast Company

Author: Ariel Schwartz

Sider, former Deputy Secretary for Technology Investment for the Pennsylvania Department of Community and Economic Development (DCED), began on November 1, 2010, succeeding Terry Singer who is retiring on January 21, 2011 after nine years of service.

BFTP is a statewide network that catalyzes entrepreneurship and technological innovation as drivers of economic growth. Operating regionally with four Partners strategically located in the Lehigh Valley, Philadelphia, Pittsburgh, and State College, Ben Franklin provides Pennsylvania companies with funding, business and technology expertise, and networks of proven resources. Ben Franklin’s comprehensive support helps early-stage technology companies to succeed, enables established companies to innovate and grow, and develops a vibrant entrepreneurial infrastructure that is critical to sustainable economic growth.

To read the full, original article click on this link: John Sider Named Managing Director of Statewide Initiatives for Ben Franklin Technology Partners | Ben Franklin Technology Partners of Pennsylvania

It surprises me how many really smart people I meet still doubt the power of Twitter.

It seems the urge to be a naysayer of Twitter is really strong for some. I think some of this stems from the early days of Twitter when it was presumed that it was a technology to tell people what you ate for lunch. Twitter never seemed to really take the offense in PR and marketing. I guess it wasn’t in their DNA.

Right now the most important role to hire in Twitter would be a seasoned marketing professional who could proactively change the conversation about Twitter and educate people about its significance as an information sharing tool. They need a stronger campaign about consumption rather than sending Tweets. Consumption, consumption, consumption.

To read the full, original article click on this link: The Power of Twitter in Information Discovery | Both Sides of the Table

Author: Mark Suster

Bangalore: If we consider some of the hottest keywords in the corporate world, entrepreneurship will be surely among the top list. Such is the reach and command it posses these days. Today millions around the world claim that they are entrepreneurs. But there is another keyword that hasn't got nearly the amount of attention it deserves - Intrapreneurship.

Putting it simple, an intrapreneur is an employee who is given the freedom and financial support to create new products, services and systems, who does not have to follow the company's usual protocols or routines. We are not divulging from the fact that many major enterprises like Virgin, General Motors, IBM, Google and AT&T have encouraged and reaped the rewards of intrapreneurial employees. But now that India is a global focus and an innovative hub of experimentation, are Indian enterprises really nurturing what intrapreneurship demands for?

To read the full, original article click on this link: Intrapreneurship - Time to nurture in-house talent - Startups news

It is no longer sufficient to view business intelligence as simply a means of keeping track of a few key performance indicators. Rather, it must be conceived of as a means to determine strategy, drive results, and create a company-wide culture built on performance. This effort requires a set of metrics that are carefully chosen to demonstrate progress toward specific strategic goals, and a governance process that lays out responsibility for guiding the effort and helps manage the profound changes a BI-driven approach will require.
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Penguins are perhaps the most popular birds on Earth, thanks in equal measure to their incredible life cycles and charming tuxedo-clad appearances. Among their long list of superlatives, penguins can survive sub-freezing temperatures and gale force winds, dive over 1600 feet deep, hold their breath for more than 15 minutes, and survive with no food for weeks by living off stored fat [1]. These facts are so often repeated that they sometimes lose their initial wonder. Talking to K-12 schools as a guest speaker, I’ve found that half the classroom often knows many of these bits of penguin trivia before the presentation even starts, thanks to popular books, television specials, and the movie "March of the Penguins".

To read the full, original article click on this link: Guest Blog: 5 things you never knew about penguins!

Author:


Nomura's 2011 survey of clients suggests investors are suddenly confident in the outlook for the United States, and see it surprising to the upside next year.

It's not entirely shocking this would be the result. Recent economic data coming out of the U.S., notably last week's Philly Fed and Empire State surveys, showed strong growth in the economy. Societe Generale now see Q4 2010 outperforming, and Goldman see 2011 looking a lot rosier.

Still, the fact that everyone has made the same "surprise" pick means it can't really be a surprise.

I’ve always said that startups are all about execution. Sometimes I encounter self-proclaimed entrepreneurs who have been “thinking” about a concept for many years, and haven’t started yet. Some of these may be visionaries, but none are real entrepreneurs.

Entrepreneurs live by the principles discussed by Leonard A. Schlesinger, President of Babson College, in his recently published book titled “Action Trumps Everything” which he wrote in conjunction with friends Charlie Kiefer and Paul Brown. In it he explains how the power of entrepreneurial action helps people create what they want in an uncertain world.


To read the full, original article click on this link: Startup Professionals Musings: Action Trumps Thinking When the Future is Unpredictable

Author: Martin Zwilling

Deepwater Wind, a company based in Providence, Rhode Island, has drawn up plans for what could be the largest wind farm in U.S. waters, the company announced last week. The proposed farm would generate a huge 1,000 megawatts of power and would be located 18 to 27 miles off the coast of Rhode Island and Massachusetts at a depth of 52 meters—considerably deeper than any other large scale wind project to date. By moving into deeper waters, turbines can harness stronger, more sustained winds. And the massive turbines the company plans to use—each capable of generating more than 5 megawatts of power, with blades rising 150 meters above the water's surface—will be nearly invisible from shore, thereby avoiding potential legal battles with coastal communities that perceive the turbines as eyesores.

To read the full, original article click on this link: A Wind Farm in Deep Water off the U.S. Coast - Technology Review

Author: Phil McKenna

I found these great brainstorming tips in the June 1957 issue of The Rotarian Magazine via Google Books. The original article was entitled: “Got A Problem? Brainstorm It!” by Lyman Judson.

It is no surprise that what we read about in 1957 is what practice today. As Judson’s article points out – even though brainstorming dates back to Plato, much of what they did in 1957 and what we do today is based on work by Alex Osborn.

To read the full, original article click on this link: “TEN STEPS to Successful Brainstorming,” Circa 1957 | Idea Sandbox Brainstorming

One thing I've seen many VCs do wiith their initial investment in a company is invest more when the valuation gets expensive. They are ownership driven, not valuation driven. So if they originally wanted to invest $4mm at a $20mm post money valuation and buy 20% of the company, they talk themselves into investing $8mm at a $40mm post money valuation so they can still buy 20% of the company.

I have never liked this approach. When the price of an initial investment goes up, I prefer to invest less, or nothing at all. Investing nothing at all is a fairly obvious approach when the price gets beyond your comfort zone. Investing less is not as obvious.

To read the full, original article click on this link: A VC: Doubling Down On The Overpay

Author: Fred Wilson

Even if you ultimately plan to run your business full-time, starting on a part-time basis can offer several advantages. It reduces your risk because you can rely on income and benefits from your full-time job. It also allows your business to grow more gradually.

Yet, the part-time path also comes with potential pitfalls. It can leave you with less time to market, strategize and build a clientele. Clients may feel you're not offering adequate customer service. You also run the risk of burning out. Holding down a full-time job while running a part-time business can leave you with little, if any, leisure time and your personal life may suffer as a result.

That is not to say a part-time business can't work. You'll need to have excellent time-management skills, strong self-discipline, and support from family and friends, according to Arnold Sanow, co-author of You Can Start Your Own Business. Also crucial, he says, is your commitment. "Don't think that, since you already have a job, you don't really have to work hard at your business," he says. "You must have a plan of attack."

To read the full, original article click on this link: Starting a Part-Time Vs. Full-Time Business | Reuters

The Small Business Innovation Research (SBIR) Program was created by Congress in 1985 as a tool to promote small business, commercialization, innovation and US competitiveness.

NASA’s version of an SBIR (similar to programs run by other agencies) awards a series of contract “Phases” to small business helping them demonstrate their technologies.  Upon completion of these phases, small businesses would be empowered to independently pursue commercialization of their technologies.

Good for the company: marketable product.
Good for NASA: access to technologies at commercial-off-the-shelf prices

Phase I contracts: $100K (or less) over 6mo.
Phase II contracts: $600K over 24mo.

To read the full, original article click on this link: Space Business Blog: 25 SBIR Winners to Watch

When Dan Gilbert isn’t busy running the Cleveland Cavaliers or lashing out at Lebron James for spurning his team, he’s evaluating start-up business plans for a new venture capital firm in Detroit.

Gilbert is one of three Detroit natives who recently formed Detroit Venture Partners, which plans to invest in technology start-ups in Motor City and surrounding areas, VentureWire reported. The other partners are serial entrepreneur Josh Linkner, who founded online promotions company ePrize, and Brian Hermelin, the chair of Rockbridge Growth Equity, a private equity group he co-founded with Gilbert.

To read the full, original article click on this link: Cleveland Cavaliers’ Owner Moonlights As A Venture Capitalist - Venture Capital Dispatch - WSJ

Author: Scott Austin

The burn: When assuming the negative becomes a self-fulfilling prophecy.

The diagnosis: Before you started reading this article you had to assume at least one thing: That reading this would be worth your time. Before you brushed your teeth this morning you may have assumed that not doing so would lead to a cavity. Before getting in your car and driving to work you had to assume that you would arrive safely.

Do you see the pattern? Assumptions are a very, very big part of our lives. They are literally the gatekeepers of behavior — and for the most part, the majority of us are not even consciously aware of the assumptions we make day in and day out.

We must make thousands of assumptions each day that are necessary for us to operate. Don’t believe it? As an interesting activity, list five actions you took (or avoided) in the past few hours. Work backwards to analyze why you made such decisions by asking yourself, “What would I have to assume to act that way?”

To read the full, original article click on this link: Assume the consequences – How assumptions direct our lives | Don't Get Burned Blog

Author: Kent Healy

Please watch the latest edition of “WisBusiness: The Show” the twice-a-month Web show covering state business news and issues. This edition features Winslow Sargeant, chief counsel for advocacy at the U.S. Small Business Administration, who discusses the role small businesses play in the American economy. Tom Still, president of the Tech Council, talks about signs of life in the Milwaukee economy and our stock report has the highs and lows for early December.

Click here to see the show produced by Tweedee Productions.

To read the full, original article click on this link: The Wisconsin Technology Council Newsroom

Local money for local ideas.

It was something Louisville didn't really have in the mid-1990s. Business leaders at the time counted only one investment firm in the city — Chrysalis Ventures — with $9 million to invest. A local entrepreneurship report labeled it a “meager” amount citywide.

Today, 24 investment firms managing more than $800 million operate in Louisville. That's a boost for local start-up companies that otherwise might have to look for money elsewhere, said Robert Brown, chairman of the Venture Club of Louisville, a monthly forum seeking to match ideas with investors.

To read the full, original article click on this link: Firms will finance the next big ideas as 24 companies seek entrepreneurs | courier-journal.com | The Courier-Journal

Author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Today, a broken hip usually means surgery and extensive rehab. But what if all you needed was an injection and a shorter recovery period? That's the vision that inspires Thomas Webster, an associate professor of engineering at Brown University.

Webster has developed a nanomaterial that quickly solidifies at body temperature into a bone-like substance. This week, Brown announced a deal with medical device maker Audax Medical of Littleton, Massachusetts, to further develop the material and launch trials in animals.

Ice would not seem hard to come by in Fort Chipewyan, a tiny outpost on Lake Athabasca in northeastern Alberta. A small aboriginal community, it is accessible in winter only by a 100-mile road built from ice.

As in most places in Canada, hockey is vital to Fort Chipewyan. An indoor rink is flooded with water and frozen, which requires temperatures around 5 degrees Fahrenheit. But when spring comes, the community is accessible only by boat or seaplane, the ice road melts away, and with it, so does the hockey season.

For a small community like Fort Chipewyan, population 1,007, a refrigeration system for a year-round ice rink has been too expensive. But early this month hockey became a year-round sport as this isolated town celebrated the opening of what manufacturers call the first full-size synthetic hockey rink in North America.


To read the full, original article click on this link: Tiny Canadian Town Can Play Hockey Year-Round With Synthetic Ice - NYTimes.com

Author: BRETT ZARDA

Global health experts today published a landmark collection of papers that together provide a unique microscope on the experience of countries, companies and organizations in sub-Saharan Africa addressing neglected health problems with homegrown drugs, vaccines, diagnostics and other creative scientific and business solutions.

The first-of-its kind study chronicles the triumphs and troubles of entrepreneurs, institutes and firms in Africa creating innovative, affordable technologies that bring hope to many sufferers of local diseases. While some have yet to succeed, several organizations cleared major hurdles to finance and create products, some of which may expand into global markets one day.

It is the first research offering a broad range of evidence and concrete examples of African innovation to address local health concerns. The papers draw on the experiences of authorities, researchers and entrepreneurs in Ghana, Kenya, Madagascar, Nigeria, Rwanda, South Africa, Tanzania, and Uganda. In addition to efforts involving health products, the experiences of health venture capital funds in African and other developed countries are profiled.

To read the full, original article click on this link: Studies detail triumphs, troubles of African innovators creating products for local health needs | Chem.Info

“It starts with an idea to make the world a better place,” the Dell Social Innovation webpage reads. Dell has teamed up with the University of Texas to create the third Social Innovation Competition, in which university students from around the world are invited to submit their groundbreaking ideas on how to address significant social issues. Students can work in teams or as individuals, but they are required to still be enrolled in college.

College is a hotbed of idealism and creative energy where ideas of how to change the world fly around campus coffee shops and dormitories. Harnessing – and funding – that force has resulted in advanced composting systems, technology to repurpose electronic waste into energy, and a community center and school for girls in the Kibera slum in Kenya. And those were just the Social Innovation Competition finalists for 2010.

To read the full, original article click on this link: $50,000 to Change the World: The Dell Social Innovation Competition | GlobalShift

Author: Lauren VanMullem

Back in the good old days everyone knew how many planets there were, then scientists came along and screwed everything up. How could something that was always a planet suddenly not be one? It made no sense. Chaos ensued, people protested, and scientists were thrown in prison.

I'm not making up that prison part, either.

It was dangerous being one of the first scientists to go against the traditional view of what was and was not a planet. But, regardless of the danger, 467 years ago, Copernicus stood firm. "The Sun and the Moon are not planets", he declared. Two of the seven known planets gone like that.

To read the full, original article click on this link: Mike Brown's Planets: The seven planets

Today, Rocco Landesman, Chairman for the NEA, is visiting Kansas City. He will be the guest speaker at the Kansas City Downtown Council’s annual luncheon, titled appropriately, “Art Works.” What Rocco will experience during his visit here is a community that has come to understand the power the arts have to transform neighborhoods and create a unique sense of place. He will see first-hand the economic engine that the arts provide. The creative work of artists in the Crossroads district produced galleries and studios, which in turn led to renovated buildings. This was then followed by creative businesses, such as architects and marketing firms moving into the neighborhood. Next were the establishment of restaurants and the creation of urban living spaces. The end result was a depressed and failing neighborhood that was revitalized and invigorated, and the arts led the way. Rocco will witness that it is the arts that express our distinctiveness, from the 18th & Vine district, the birthplace of Kansas City Jazz, to our new $450 million dollar Kauffman Center for the Performing Arts. It is the arts that bring innovation and creativity to our communities. He will see that Kansas City has begun to embrace the new reality of a creative economy and recognize the role the arts will play in the future of our neighborhoods, city, and metropolitan region.

To read the full, original article click on this link: Art Works in Kansas City « Art Works

Author: Harlan Brownlee

Netflix, a subscription service for mail-order and streaming movies, has joined some of the largest and most prominent companies in the world on the Standard & Poor’s 500 stock market index, kicking out the New York Times in the process.

It’s a pretty big milestone for the company, which has been considered a mid-cap stock (meaning it isn’t all that big) since it went public back in 2002. The company is now worth $10.2 billion, compared to the New York Times’ paltry $1.4 billion.

Netflix has seen some pretty explosive growth in recent years as it shifted toward streaming content online. Like its competitor Hulu, Netflix streams movies and TV shows for a monthly fee on its site. But the company is paying out enormous sums of cash to get access to the best content as quickly as possible. Netflix paid out $115 million this quarter, which was more than 10 times greater than the $10 million it paid in the same quarter last year.


To read the full, original article click on this link: S&P 500 index welcomes Netflix, boots the New York Times | VentureBeat

Author: Matthew Lynley

It sounds like a tough sell: a game that involves catapulting birds at elaborate fortresses constructed by evil pigs.

But Angry Birds, a hit game by Rovio, a small Finnish company, is one of the unlikeliest pop-culture crazes of the year — and perhaps the first to make the leap from cellphone screens to the mainstream.

Angry Birds, in which the birds seek revenge on the egg-stealing pigs, is meant to be easily played in the checkout line and during other short windows of downtime — but some players have trouble stopping. Rovio says people around the world rack up 200 million minutes of game play each day. (Put another way, that is 16 human-years of bird-throwing every hour.)


To read the full, original article click on this link: Angry Birds, Flocking to Cellphones Everywhere - NYTimes.com

Author: JENNA WORTHAM

BY OFFERING partial bail-outs to countries in the euro area, the authorities are buying time. Time for what? The hope is that over a few years the indebted economies on the continent’s periphery, such as Ireland and Greece, will be able to restore their competitiveness. That would boost their exports and output, helping them to close their fiscal and current-account deficits. Just how realistic is this hope?

Competitiveness is usually taken to mean keen prices: if the price of cars produced in one country falls, foreign demand for them expands. In a monetary union, with the nominal exchange rate irrevocably fixed, it is not possible to gain competitiveness by currency depreciation. The only way is to reduce costs, relative to countries inside and outside the currency area. Economists sometimes refer to this as a “real depreciation” or “internal devaluation”. That requires slower price and wage growth or faster productivity growth than elsewhere. Given today’s low inflation rates, it means outright declines in prices and wages.

To read the full, original article click on this link: Economics focus: All pain, no gain? | The Economist

Fluctuating energy prices, new regulations, employee satisfaction and market opportunities are prompting large and small businesses to adopt green technologies.

But where do you get the most bang for your buck?

At the Palo Alto campus of SAP, the answer turns out to be videoconferencing. The company, as part of an overall energy retrofit, installed three telepresence systems from Cisco Systems in Palo Alto for a cost of $300,000. The units will save $300,000 in reduced travel costs in the first year alone. Besides that, they boost productivity.

“No one wants to fly every few weeks to Germany,” said Rami Branitzky, the managing director of SAP Labs North America. SAP has 28 installed worldwide and more could follow.

Solid state lighting came in second place. SAP installed 337 LED fixtures from Lunera and connected them through a network from Redwood Systems. Total cost: $434,000. Annual savings: $80,000.


To read the full, original article click on this link: The World's Best Green Technology? : Greentech Media

Author:This email address is being protected from spambots. You need JavaScript enabled to view it.

What part of innovation don’t companies understand? The part of innovation that requires collaboration, (using tools from companies like Salesforce, Tibco, Spigit, ConnectSolutions, BrightIdea, or hundreds of others), according to Boris Pluskowski, an innovation evangelist with his own innovation web site, www.completeinnovator.com, who recently posted a comment on my blog post: Tools That Will Help You Collaborate Effectively.

He explains why companies are less likely to collaborate, in his  response to a question posted, below the same blog, by Cory Lovell, VP of Sales, ConnectSolutions:

Cory Lovell: A recent study on Virtual Collaboration shows that 90% of Enterprise and Government Organizations still don’t do it. I’m curious to hear what some of the barriers are to deploying virtual collaboration tools?


To read the full, original article click on this link: Harnessing Your Innovation Potential - Kym McNicholas - Kym's Faces Of Tech - Forbes

Author: Kym McNicholas

Agricultural innovation has long sustained the world's masses with an abundance of low-cost food, thanks to the success of the mid-20th century's Green Revolution, which brought industrialization and high-yield grains to India, Mexico and many other developing countries.

A prosperous global population however, has blazed the way for burgeoning new mouths to feed that, by 2050, will nearly double food demand. At the same time, farmers face unprecedented challenges of climate change, high oil prices driving demand for biofuels, and rising costs of land and water.

The 2008 surge in food prices portended ominous and volatile times ahead. Just recently the Food and Agriculture Organization of the United Nations warned of more food supply shocks in 2011.


To read the full, original article click on this link: Farming the Future: GM Crops Recommended as Key Part of Obama's "Evergreen Revolution": Scientific American

Author:

THE FIRST European Council meeting devoted to research and innovation will take place in Brussels early next year, when the 27 member states will be asked to endorse the proposals of the EU commissioner for research, innovation and science, Máire Geoghegan-Quinn.

The former Fianna Fáil TD has been given a mandate to build a single-state innovation policy. If she succeeds, the commission expects to create 3.7 million jobs by 2020 and increase annual gross domestic product (GDP) by €795 billion by 2025. Meeting the targets depends on member states allocating 3 per cent of their annual GDP to research and innovation, something only a handful have achieved to date.

As the EU faces its biggest financial crisis, research and innovation is held up as the beacon that will lead us to a new era of recovery. The goal is to compete with the rest of the world in extracting commercial value out of good ideas. But a single state comprised of 27 members faces obstacles absent in more cohesive federal countries like the US.

To read the full, original article click on this link: EU must co-ordinate R&D to compete on global stage - The Irish Times - Fri, Dec 10, 2010

CAMBRIDGE, Mass.--Venture capitalists, who once thronged into clean technology, are finding that they need to rethink their strategies in order to succeed, with some of them apparently moving out of the field altogether.

There's often a mismatch between the large amount of money required to commercialize new energy technology and the capital to which a venture fund has access. As a result, venture investors are increasingly seeking to invest in green-tech start-ups that are less capital-hungry, a trend which will accelerate next year, according to experts.

Instead of getting all their money from venture capitalists, budding green-technology companies when starting out will be looking for money from large corporate partners to test out new technology or from alternative sources such as angel investors, families, or government grants.

To read the full, original article click on this link: For VCs in green tech, it's time for Plan B | Green Tech - CNET News

Author: Martin LaMonica

EurActiv LogoSo far there are 10. At least nine EU countries were needed to make an end-run around Italy to create a united patent and protect the design of products sold across their borders.

This week, ten countries signed a letter to the European Commission to request legislative proposals for a common patent based on "enhanced cooperation" between them. 

The political hardball is meant to get around vehement demands from Rome that Italian be one of the official languages of an EU patent.


To read the full, original article click on this link: Italy isolated as ten countries unite on patents | EurActiv

Conventional wisdom tells us that leaders are the men and women who stand up, speak out, give orders, make plans and are generally the most dominant, outgoing people in a group. But that is not always the case, according to new research on leadership and group dynamics from Wharton management professor Adam Grant and two colleagues, who challenge the assumption that the most effective leaders are extraverts.

In fact, introverted leaders can be more effective than extraverts in certain circumstances. The determining factor is who leaders are managing, according to Grant and co-authors Francesca Gino of Harvard Business School and David Hofmann of the University of North Carolina's Kenan-Flagler Business School. Their paper, forthcoming in the Academy of Management Journal, is titled "Reversing the Extraverted Leadership Advantage: The Role of Employee Proactivity."


To read the full, original article click on this link: Analyzing Effective Leaders: Why Extraverts Are Not Always the Most Successful Bosses - Knowledge@Wharton

Today Factual announced that it raised $25 million from Andreessen Horowitz & Index Ventures.  I believe that this is a major new area of growth & innovation for the Internet as Cloud Services start to form deeper & richer layers.  Let me explain.

For decades the “layering” of technology has allowed us to develop IT systems and networks in a specialized way that lets best-of-breed technology solutions to emerge at each layer of the stack and to allow people with different skill sets to specialize in key areas without having to have competence in every technology arena.


To read the full, original article click on this link: Data is the Next Major Layer of the Cloud & A Major Victory for Startups | Both Sides of the Table

Author: Mark Suster

The New York Times today reports on an interview with Susan Wojcicki, a Senior Vice President for new products at Google in which she was asked why it wouldn’t be easier for Google to build out a similar service than pay several billion dollars for Groupon?

Not really, said Susan:

“It’s hard to assemble a team and organize as quickly as you want in these situations,” she said in an interview. “Finding the right people, interviewing them and hiring them takes time. Companies are willing to pay a premium to be in the market right now.”


To read the full, original article click on this link: Markets moving too fast for Google, so they buy rather than build « The Equity Kicker

Author: Nic Brisbourne

MINNEAPOLIS (AP) — The University of Minnesota regents will consider an overhaul of university policies for turning its faculty and staff’s inventions into products.

The regents are to discuss the change during their Thursday meeting. Turning university innovations into money-making products has become a priority as the university deals with falling state support.

It’s also become more urgent as the patent on the university’s most profitable product, the AIDS drug Ziagen, is set to run out in the United States in 2013.

To read the full, original article click on this link: U Of Minn. Regents Discuss Technology Transfer « CBS Minnesota – News, Sports, Weather, Traffic, and the Best of Minnesota

You’ve got an ingenious idea that’s going to revolutionize the world of insert industry here. You’re so excited that you can barely concentrate on anything other than your ticket to entrepreneurship.

You recruit a couple of skilled friends and spend a week drinking endless pots of coffee and cranking through every aspect of your start-up.

After one week of beta testing, you launch your business to wild success. In just one month, you’ve generated more than 1 million visits to your Web site. VCs are flying in to see you. TechCrunch, Mashable, the New York Times, and Fast Company are all knocking on your door for personal interviews. You’ve taken Justin Bieber’s spot as a top trending topic on Twitter.

 


To read the full, original article click on this link: Start Me Up: Minnesota’s First Start-Up Accelerator

 

ATEwww.ActionTrumpsEverything.com <http://www.actiontrumpseverything.com/>

The new book shows the reader how to think like a successful entrepreneur and make the right decisions in an increasingly uncertain and chaotic world.

*       Len Schlesinger is President of Babson College, the top-ranked business school for entrepreneurship.
*       Charles Kiefer, President of Innovation Associates, has for 30 years used his concept of high-performing teams to help technology organizations increase their innovation successes.

CreAction

Schlesinger and Kiefer have identified CreAction-a reasoning that blends creating and action- to propel the entrepreneurial thinker forward.

As the essential core of ETA, CreAction has been shown to be highly effective in navigating the unpredictable situations we face every day in our personal and professional worlds.

Action Trumps Everything lays out an action plan with examples to deepen understanding of key concepts.   Each chapter also includes takeaway tips to quickly turn readers into confident CreActionists.

Chapter Topics

. Everyone can do this.

. CreAction and Predictive Reasoning-which to use when and where?

. Desire..what do you want to create?

. Entrepreneurial Action, CreAction and its 4 building blocks.

. 16 reasons why Action Trumps Thinking.

. Affordable Loss-pay only what you can afford to lose.

. CreAction Community-bring other people along who share your vision.

. Everything including a problem is an asset (if handled correctly).

. Beyond venturing -- using CreAction everywhere else.

. How to use CreAction in today's organizations-a guide for managers.

. Using CreAction with family and friends.

. How ETA can make a better world.

Authors answer the difficult questions.

Go to www.ActionTrumpsEverything.com   to

  • Download the book for free.
  • Join the conversation on the blog and share your life stories.  Let us know what struck a chord with you, what works and what doesn't work for you, and how you have applied or are applying some of these ideas in your life.


Charles F. Kiefer, Leonard A. Schlesinger, with Paul B. Brown

Black Ink Press 2010

About The Authors
Leonard A. Schlesinger, the 12th president of Babson College, is the former vice chairman and chief operating officer of Limited Brands.

His academic career includes 20 years at Harvard Business School where he served as the George Fisher Baker Jr. Professor of Business Administration. Len is the author or co-author of nine books, including The Value Profit Chain (Free Press), The Service Profit Chain (Free Press) and The Real Heroes of Business . . . and Not a CEO among Them (Doubleday).

Charles Kiefer is president of Innovation Associates, the firm which helped pioneer the body of concepts and methods now called organizational learning that enable large organizations to innovate, and to change from being driven by circumstance and managed through compliance, to being characterized by aspiration and deep commitment.

Today, Charlie helps global companies leverage the human side of their enterprise primarily by working with executives and their teams to improve the quality of their thought.

He worked on the staff of the United States Senate and the administrative staff of MIT.

A long-time contributor to The New York Times, Paul B. Brown is a former writer and editor for Business Week, Financial World, Forbes and Inc. He is the author (or co-author) of numerous best-sellers, including Customers for Life (Doubleday) written with Carl Sewell.

Paul is a contributing editor to both the MIT Sloan Management Review and The Conference Board Review.

The venture capital ecosystem is a hall of secrets. The rise of the venture capital blogger, notably Union Square Venture's Fred Wilson, entrepreneur-turned-VC Mark Suster and Foundry Group's Brad Feld, is a welcome first step in providing budding entrepreneurs a view into the venture world.

But they are the exception to the rule. For the most part, VCs prefer to keep their entrepreneurs in the dark about how the process really works for one simple reason: it benefits them greatly.

My company, Buddy Media, raised $28 million last month. I've now closed about 10 rounds of financing for three different companies. With the most recent process still fresh in my mind, I have decided to use the experience to provide transparency into the major leagues of VC fundraising. Pulling back the curtain on the fundraising process will help entrepreneurs create more investment-worthy companies that can become large enterprises. That's good for founders. It's also good for the nation's economy, contributing to rapid job creation and continued innovation.


To read the full, original article click on this link: How To Raise $28 Million For Your Company Without Selling Your Soul

Author: Michael Lazerow

There may be an ocean between the U.S. and the U.K., but some of their small businesses seem to share in the same foolishness. According to the AVG Small Business Landscape Report (PDF), one in seven small businesses polled in the U.S. and the U.K. have no Internet security software or system in place at all. Nothing, zip, nada!

Internet security can easily become one of those things that you meant to get around to, but every thing else was more important. Client on the line and you need to make the sale. Presentation in the morning and you need to get prepared. Staff meeting in 30 minutes, no time for lunch. You feel like you are handling it all as best you can, but something slips through the cracks.


To read the full, original article click on this link: One in Seven Small Businesses Have No Internet Security

Author: Jamillah Warner

It may be hard to believe in these gloomy days, but this is a time of incredible opportunity for our nation's kids. The future looks very bright for people who have a strong grasp of science, technology, engineering and math (often referred to as STEM). So it's nothing short of tragic to see just how many of our kids aren't getting the math and science skills they'll need to seize the opportunities that lie ahead.

That's why we at Change the Equation (CTEq) launched a ground-breaking contest among some of the world's most innovative companies to prove just how cool jobs in STEM fields can be. Our STEM is Cool! contest challenged these companies to produce brief videos featuring an employee or group of employees who use STEM in exciting or unexpected ways. (Vote for your favorite video here).


To read the full, original article click on this link: Linda Rosen: Calling All Innovators

The challenge: to catalyze the regional knowledge, talent, and technological resources in order to generate high value-added economic activities.

Guanajuato is a state in the central region of Mexico with a solid research infrastructure and a dynamic economy based in both a large agro-industrial production and manufacturing activities primarily in the auto, machine and equipment, processed foods, and leather industries. Researchers working in the various universities and research centers in the state conduct research that often is at the forefront of the knowledge frontier worldwide. However, until very recently the links between academy and industry were infrequent and the knowledge and technologies developed in the various research centers were rarely translated into income, employment, or in the creation of new companies for the region. Furthermore, as in many other Latin regions, Guanajuato was facing the great challenge of transforming its productive infrastructure in order to participate more actively in the knowledge economy and to develop high value-added economic activities.

To read the full, original article click on this link: Guanajuato - LatIPnet English

Google’s much-rumored acquisition of Groupon is off, we’ve confirmed with a source with knowledge of the deal. The news was reported earlier by Chicago Breaking Business, and we’ve verified that the deal is indeed off.

The two companies have been in serious negotiations for at least the last week, with reports stating that Google was bidding as much as $6 billion for the red-hot local deals company.

Our source has also verified that Groupon’s annual revenues are now at a $2 billion run rate, which is much higher than the figures that had previously been circulating (this number was reported by AllThingsD a few minutes ago). The $2B figure is the total value of Groupons sold — half of the cost of the Groupon goes back to the merchant, but all the revenue passes through Groupon in much the same way that Google collects all AdSense dollars and counts them as revenues before passing along a portion to publishers.


To read the full, original article click on this link: Confirmed: The Groupon/Google Deal Is Off

Author: Jason Kincaid

NGOs are organized institutions that not only deliver services but also manage staff personnel, oversee administration and maintain cash funds. As recipients of grants from various channels and project holders of welfare activities, they are required to uphold principles of accountability and transparency. One of the strong indicators of these principles is keeping policies and manuals in place, based on which the day-to-day operations of the organization are to be carried out. Even donors ensure that their grant recipients have such systems in place prior to providing funding support to them. Many smallorganizations fail to keep up-to-date operational procedures either due to lack of awareness about such things or because they do not have skills to develop and maintain them.

In this regard, we have come up with samples of management and administrative policies for NGOs, which can  be freely referred to for developing some of their own. NGOs are advised not to copy the material presented here as it is, but rather use it as a reference and improvise it further for producing effective and tailor-made policies suitable to their local environments. The policies presented here are standard procedures and they have been uploaded here for reference only. By no means, they are complete or perfect and NGOs are recommended to use the material as a suggestion, rather than as a rule.


To read the full, original article click on this link: Sample Management & Administrative Policies for NGOs: Personnel, Communications, Procurement and Finance Policies « FUNDS FOR NGOS . ORG

The dictionary definition of a mentor is “an experienced and trusted advisor,” or “leader, tutor or coach.” The definition of a critic sounds similar, “a person who offers reasoned judgment or analysis.” The big difference, of course, is that a mentor looks ahead to help you, while a critic looks backward to tell you what you did wrong.

We can all learn from both of these approaches, but in my view the mentor is far more valuable than a critic. A mentor’s goal is to help you build your strengths to avoid problems and pitfalls, while a critic feels compelled to point out your weaknesses.

The job of entrepreneur is tough enough without a critic on your team, second-guessing your every move. Here are some tips on how to recognize whether a partner, consultant, or employee is a mentor or a critic:

1. Earns your absolute trust. One of the key characteristics of a successful mentor relationship is trust. You should be easily convinced by actions and attitude that the mentor candidate has your best interests at heart.

To read the full, original article click on this link: Startup Professionals Musings: How to Detect Mentors Who are Critics in Disguise

Author: Martin Zwilling

Site Selection picked the Dayton Region as one of the top economic development regions in the nation. What's your perspective on that?

I think you've got a region that has become very focused about what the opportunities are. In general, we focus on four technology platforms: Aerospace systems, information technology, human sciences and healthcare, and then advanced materials and advanced manufacturing. But the other key to this is pursuing opportunities related to Wright-Patterson Air Force Base. Wright-Patterson is the largest single site employer in the state -- over 26,000 employees. There's a research lab there that does $2 billion of research annually. Some of it's contracted out, but what we've got is a group of stakeholders than have all gotten focused around real opportunities that are linked to Wright-Patterson that are linked to those four technology platforms. And that can mean real growth for the Dayton region in the near term. And we've seen companies that have taken notice and are relocating and expanding in the Dayton region.


To read the full, original article click on this link: Q&A: Dayton's Jim Leftwich on the region's emergence as a high-tech corridor

Author: Gene Monteith


A new NGO called A Human Right is attempting to raise $150K in a bid to buy one of the world's highest capacity communications satellites from its bankrupt owners in order to re-task it to supply Internet access to the world's poorest people. They plan on building their own super-cheap satellite modems as well.

Unlike most crowdfunding projects, they've put up bios of their team and advisors (I pass on nearly every Kickstarter project I get sent because the creators don't detail any successful project they've done before), which includes telcoms veterans, accomplished technologists, and aerospace experts. They also claim support from organizations as diverse as NASA, Fon, and Deutsche Telekom Labs.


To read the full, original article click on this link: BuyThisSatellite: $150K crowdfunding project to provide net access to poor countries with a bankrupt hi-cap comsat - Boing Boing

Author: Cory Doctorow

Are banks becoming more willing to lend to small companies? In recent months, most of the major banks have announced intentions to increase small business lending, to hire additional staff to deal with small business loans, and to give small business loan applications they had previously rejected a “second look.”

And in fact, recent statistics bear out that those intentions were followed up with action. In the third quarter of 2010, the Wall Street Journal reports, Wells Fargo issued $3.9 billion in small business loans, up from $3.3 billion in Q3 2009; Bank of America made $5.7 billion in small business loans, up from $4.1 billion in Q3 2009; and Chase made $2.7 billion in small business loans, up from $1.9 billion in Q3 2009.

To read the full, original article click on this link: Is Small Business Lending Really Ramping Up?

Author: Rieva Lesonsky

I’ve been feeling a little rusty this week. I received feedback that my focus of the past 5+ years on community and evangelism was not necessarily a benefit to an early-stage technology company. This came as a shock as I had to justify and rationalize the past 9 years that I’ve lived in Toronto and why I have been relentless about the need to build a stronger ecosystem and community in Toronto.

I moved to Toronto in November 2001. I had left Austin, TX in July 2001 after spending a few years working at Trilogy Software and at Reactivity Inc. I had spent the previous years doing interaction design, presales, and product management for a sales force automation company and then for early-stage and pre-product clients at Reactivity (this was before the transition from startup accelerator to a product firm aka the XML firewall company that was sold to Cisco). I worked with more than 15 clients including Living.com, AllMyStuff, eLaw.com, Zaplet, MetalSite and others. It was a great time, I learned a lot about small teams, venture funding, and how to effectively build products for undefined markets, undefined customers, and undefined budgets.

To read the full, original article click on this link: Building communities, not products « The RIC Blog

Author: Stephen Rhodes

A new service announced today gives companies and other organizations the ability to create a searchable, fully functional archive of their Websites, blogs, social media accounts and RSS feeds.

Reed Technology Web Archiving Services, promises to create an interactive archive of a company's entire Web presence, something that is often recommend for legal purposes.

As more and more business communication and interactions occurs online, there is an increased need to make Web archiving a best practice, if for no other reason than to have a defense against certain kinds of lawsuits.


To read the full, original article click on this link: Create Your Own Archive.org with Reed Tech Web Archiving

Author: John Paul Titlow

Venture firms investing in clean technology shouldn’t get their hopes up regarding initial public offerings, warned analysts at Robert W. Baird & Co. Exits will be dominated by mergers and acquisitions, and at poor valuations, said a new report (opens PDF file) on clean-tech from the mid-market investment bank.

It’s true that clean-tech companies Tesla Motors Inc., Codexis Inc. and Amyris Inc. recently went public. But those were the exceptions, Baird analysts say. Public investors have higher standards of revenue and profitability now and the low oil and gas prices are just not playing in favor of clean-tech companies.

To read the full, original article click on this link: Clean-Technology IPO Outlook Not So Good, Says Report - Venture Capital Dispatch - WSJ

Author: Yuliya Chernova

The new corporate identity marks a key milestone for the agency, which is now stepping up its international efforts in a bid to attract more talent and investment. Above and beyond the name change, Quebec International's arrival marks an evolution in the organization's role within the regional, provincial and national economies. This change reflects the profound transformation of the regional economy and stands as a testament to our growing ability to occupy a prime position on the world stage.

To read the full, original article click on this link: Radar Économique - Région métropolitaine de Québec

Bill Warner is one of those good guy entrepreneurs. Yeah, he has a track record of business success, founding Avid and Wildfire, among other companies, and selling them for lots of money. But more than that, he gives back to the entrepreneurial community—both as an angel investor and, more importantly, as a mentor to those who want to build their own companies.

That’s why we asked Warner to give the opening keynote next Wednesday, December 8, at our half-day conference in downtown Boston—5X5: Five Cities, Five Big Tech Ideas. This afternoon forum features a host of startups from the five cities in Xconomy’s growing network (Boston, Detroit, San Diego, San Francisco, and Seattle). You can see more about the event, including the agenda and how to get tickets, by clicking the link above. But in the meantime, I caught up with Warner to learn more about his talk. Its title is inspiring: How to Build Your Startup From the Heart. And, to hopefully whet your appetite for hearing more in person next week, here’s a taste of the philosophy behind it.


To read the full, original article click on this link: Bill Warner on Building Your Startup From Your Heart, Not Your Head—A Preview of His Keynote at Xconomy’s 5X5 Forum | Xconomy

Author: Robert Buderi

I wrote a post last week on “16 Tactics for Building an Audience via Social Media” which was picked up by a couple of other websites. The article received a ton of tweets (thanks!), including one which posed the question of, “Where do you “find” intriguing social media content online?”

While it may be easier to “find” intriguing content, it won’t, all by itself, set you apart from anyone else who is also merely grabbing social media content someone else has already created.

Instead of spending as much time trying to find creative content, here are three things you can do to start creating intriguing social media content:

1. Have a persona in mind to help guide content development for your social media channels.

A persona is a detailed description of a representative reader of your social media content. Having a personalized view of your audience is vital to creating content which is really engaging.


To read the full, original article click on this link: Creating Intriguing Social Media Content – 3 Fundamental Steps | Strategy Consulting and Strategic Planning

Author: Mike Brown

Working Smarter: What is it? Why do we need to do it?

Working Smarter means integrating learning and working.

We’re networking our society, our economy and our workplaces. This increases complexity because there are more connections between people, places and things. In complex systems, the link between cause and effect cannot be determined. Instead, we need to look for constantly-changing patterns (think weather systems). More work of value is in the complex domain. Industrial-style work is being outsourced and automated.



To read the full, original article click on this link: Harold Jarche » Talking about Working Smarter

Author: Harold Jarche

We innovation cheerleaders leave a lot of ruffled feathers behind us as we urge the sweeping away of the long-established. Do we care?

The picture we paint of the world that we innovators want to create seems unarguably attractive: more efficient, faster, easier and more sustainable. But there is almost always someone’s parade we are going to be raining on. This video is of a guy giving some clear, simple and well constructed advice on what to do about this. I don’t know him, but I’m seriously impressed by how effective this is at hammering home the problem.




To read the full, original article click on this link: Are innovators their own worst enemies? ~ Innovation Investment Journal

Author: Peter Friedman

The burn: Compromised productivity due to daily distractions and responsibilities.

The diagnosis: When it comes to producing quality, creative, and inspired work, I consistently hear 3 common complaints: “I just can’t get uninterrupted, quality time,” and “I try to focus, but there are too many distractions,” and “I have too many daily chores and obligations to focus on what I really want to do.” … I wish I could just live in a hotel!

These are very real challenges for most for us in the modern the world so when expat-entrepreneur and friend, Darren Olstad, mentioned an unusual life-experiment he was about to undertake, it immediately caught my

To read the full, original article click on this link: The “Remotel” Work Excursion – An experiment in productivity | Don't Get Burned Blog

Author: Kent Healy

There is a good piece in the Guardian today on why the iPad might not save newspapers (thanks to Paul Miller for the pointer).  This passage from near the end of the article is perhaps the best description of modern attitudes to news that I’ve seen:

It’s … easy to jump from one news source to another, because digital has fundamentally changed people’s relationship with printed news sources. Once, a newspaper was not just a source of information, but a statement of identity, where most buyers would not dream of picking up a competing title. Now, in an era where identities are altogether more protean, and when any app can disappear from view at a single touch, it is not obvious that people will simply sit down and spend 20 minutes engaged in silent contemplation over a single title. It’s not how the modern mind works.


To read the full, original article click on this link: Why content will free and newspaper brands must change « The Equity Kicker


The Web is 20 years old this month. We all know how it works, what it can do and what it can't do, right? Hardly.

"The Web's remarkable progress to date has been quite gratifying to me," says Tim Berners-Lee, who invented the Web and first took it live in December 1990. "But the Web is by no means finished. Every bit of past and future advancement rests on two things: technological protocols and social conventions. The protocols, like HTTP and HTML, determine how computers interact. Social conventions, such as the incentive to create links or the rules of engagement on a social networking site, are about how people like to, and are allowed to, interact. We still know surprisingly little about these technical and social mechanisms."

To read the full, original article click on this link: The Web Turns 20: Web Science Reveals Human Interactions, Part 4 of 4: Scientific American

Author:

Only 20 percent of the world's people use the Web, even though 80 percent live in places where some kind of Internet signal or connection exists. Tim Berners-Lee, who invented the Web 20 years ago this month, says inspiring initiatives by individuals and institutions could change that ratio.

For example, Berners-Lee was part of a recent meeting called by Rwanda President Paul Kagame, former British Prime Minster Gordon Brown and Paul English, a Boston-based software entrepreneur. English made a case that very-low-bandwidth Internet—enough for "text only" Web pages—could be provided free across Africa. A second tier of paid access to higher speed service, provided by African entrepreneurs, would support the free service. Most citizens would access the Web wirelessly, using mobile phones or laptops. Everyone at the meeting pledged to support the idea, and a project has already begun.

To read the full, original article click on this link: The Web Turns 20: Free Bandwidth Connects the Masses, Part 3 of 4: Scientific American

Author:

One of the Web's huge promises is that it will help people work together. Although the Web has made it easier for groups to share information and collaborate online, it could do much more. So-called social machines could allow large numbers of people to conduct better science, even to transform democracy.

You have probably already taken part in an embryonic social machine. For example, when you fill out an online form, you may be presented with a little box that has wavy-looking words in it, and you must type the words before you can proceed. This is a social machine known as captcha. By typing the words, you and other people who are seeing the same boxes are helping computers that are digitizing printed text to figure out words they cannot determine, for various technical or syntax reasons.

To read the full, original article click on this link: The Web Turns 20: Social Machines Redesign Democracy, Part 2 of 4: Scientific American

Author:

Putting raw data on the Web and linking it to other data is bringing powerful new research and analysis capabilities to Web users—capabilities that far exceed what's created by the hyper-linked documents we are all familiar with. "Twenty years ago I had to encourage people to put their documents on the Web and make links to other documents," says Tim Berners-Lee, who invented the Web, which went live in December 1990. "We have to now do it again, with linked data."

Examples of the power of linked data arise daily. In Britain, The Times picked up raw, linked data about bicycle accidents from DirectGov and published a mashup map showing where bicycle accidents had occurred, so cyclists could be aware of the many dangerous spots along the city's roads.

To read the full, original article click on this link: The Web Turns 20: Linked Data Gives People Power, Part 1 of 4: Scientific American

Author:

Last week’s guest on Press:Here was Tim Wu, author of the new book Master Switch: The Rise and Fall of Information Empires. Wu also wrote this guest post for us about why we should all fear Steve Jobs.

In general Wu — who gets credit for coming up with the term “Net Neutrality” — has a really important mission whether you agree with him or not: Raising alarm bells that the Internet, like every mass communication medium that has come before, could one day become strangled and controlled by a handful of companies.


To read the full, original article click on this link: It’s the Community, Stupid!

Author: Sarah Lacy

So we have Seedcamp, Startup Bootcamp, The Founder Institute, Launch48, Hackfwd and various other startup programme across Europe. And we can now add another to that list: Springboard.

But this is not the Springboard we wrote about last year. Then, it was the brainchild of Red Gate Software who were effectively offering a very informal arrangement, helping young startups. It was also B2B focused.


To read the full, original article click on this link: New European Startup Programme Resembles Y-Combinator Model

Author: Mike Butcher

Venture capital mega-firm Kleiner Perkins Caufield & Byers has announced that Mary Meeker is joining the firm as a partner, in another sign that the firm is focusing more on this mobile-meets-social-meets-local-meets-global wave of Web disruption. “Our number one goal is to help the Mark Pincuses of the world build their businesses into Internet treasures, and there has been no greater finder of Internet treasures than Mary Meeker,” said KP’s John Doerr in an early morning call with TechCrunch, just after Meeker broke the news to Morgan Stanley’s technology and Internet practice– a force on Wall Street where she’s made her name over the last 20 years.

In the dot com glory days, Mary Meeker was as famous as an analyst as Doerr was as a VC, so it’s appropriate and seemingly a long time coming that the two would wind up as partners. Meeker said she’d thought about making the change “from the skybox to coaching down on the field,” as Doerr described it, for years. Meeker has been in talks with Kleiner since late September and made the decision to leave Morgan Stanley and join KP the Monday before Thanksgiving. She was swayed finally by a combination of factors including confidence that Morgan Stanley’s tech practice was in a strong place, the opportunity with Kleiner specifically and the stage the Internet is in right now.


To read the full, original article click on this link: John Doerr and Mary Meeker Speak about their New Partnership

Author: Sarah Lacy

The Ford Crown Victoria (pictured here) has long been the most widely used vehicle in New York City's taxi fleet. But Ford is retiring the Crown Vic next year, and that means NYC needs to find a replacement. Enter the Taxi of Tomorrow competition, a project created by city officials to find the next major taxi model. So far, the city has narrowed the competition down to three finalists. The winner, which will be picked next year, will have an exclusive contract to provide the city with taxi cabs.

To read the full, original article click on this link: The Future of the NYC Taxi | Slideshows

Author: Ariel Schwartz

Crowdsourcing has a crowd of criticsCrowdsourcing is the notion of distributed problem-solving where problems are broadcast to large groups of solvers in the form of an open call for solutions. The belief is that the "wisdom of the crowd" yields superior results over what individuals can do.  The use of the term has spread to just about any activity that involves groups of people tackling an issue.

The critics have a point. Crowdsourcing seems to be an old story retold a new way.  The idea of collaborating with others is not new.  The idea of reaching out to thousands to gain insights about a problem is not new either.  Here are two examples held out as crowdsourcing best practices that make the point.  A Catholic church in Germany launched an online open idea competition. On the competition platform, young people are encouraged to submit their ideas about what they would like to change at the Catholic Church.


To read the full, original article click on this link: Innovation in Practice: Crowdsourcing and the Task Unification Tool

On April 8, the networking hardware that routes traffic on the Internet got new marching orders: Requests for data from 15 percent of Internet addresses—including Dell.com, Yahoo.com, Microsoft.com, and U.S. government sites—were directed to go through China.

Incidents like this are known as Internet hijackings. Although they generally aren't the result of malevolence, they can upend the usual efficiency of Internet routing so badly that sites get knocked offline. The April hijacking happened when a small Chinese Internet service provider updated its routing information, advertising that its network was the best way to get to various blocks of Internet addresses assigned to government agencies and companies worldwide. China's state-owned ISP, China Telecom, duly propagated the updates using the lingua franca of Internet routers, the border gateway protocol (BGP).

To read the full, original article click on this link: Internet Hijackings Prove Hard to Stop - Technology Review

Author: Robert Lemos

CHICAGO — Walking may slow cognitive decline in adults with mild cognitive impairment (MCI) and Alzheimer’s disease, as well as in healthy adults, according to a study presented today at the annual meeting of the Radiological Society of North America (RSNA).

“We found that walking five miles per week protects the brain structure over 10 years in people with Alzheimer’s and MCI, especially in areas of the brain’s key memory and learning centers,” said Cyrus Raji, Ph.D., from the Department of Radiology at the University of Pittsburgh in Pennsylvania. “We also found that these people had a slower decline in memory loss over five years.”

Alzheimer’s disease is an irreversible, progressive brain disease that slowly destroys memory and cognitive skills. According to the National Institute on Aging, between 2.4 million and 5.1 million Americans have Alzheimer’s disease. Based on current population trends, that number is expected to increase significantly over the next decade.

To read the full, original article click on this link: Walking slows progression of Alzheimer’s | Science Blog

I have often wondered about the lack of young entrepreneurs in Panama. Most businesses are owned and operated by family and friends of the wealthy few in Panama. They got their positions through connections which explains a lot about the lack of business ethics and service orientation you find here. I thought it had more to do with lack of opportunity than desire on the part of the young person, but according to this article from La Prensa, most young people want the security of working for someone else. Schools teach students to be adverse to risk and for the most part are preparing people to become workers in established businesses rather than being the one who establishes the business. I think this is one of the real setbacks for Panama in developing a thriving middle class.

In the U.S. the school systems also churn out hordes of worker bees, but even so, there is a large number of young people with ideas and energy who want to start their own businesses. The first step in making a change is realizing there is a deficiency and this article clearly shows the government is aware of the issues and are making efforts to change it.

To read the full, original article click on this link: Why so few entrepreneurs in Panama? - Panama Investor Blog

Author: Sam Taliaferro

Surprise! You could have never imagined that someone can create creativity. It is simply digging deep into yourself and allowing what is already there to emerge. Everyone knows that the adjective creative comes from the abstract noun creativity. It is actually, synonymous with designing. Every designer’s desire to be creative. You are! Just ignite the spark. Develop a creative solution. Look deep into your self!

To read the full, original article click on this link: How to Create Creativity | Web Templates, SEO, Web Design Tutorials, Tips, Guides - DT Blog

Funding regimes that prevent universities from turning knowledge into innovative products and services need correction, the League of European Research Universities (LERU) says in its response to the European Union's call for Europe to become a more innovation-friendly continent.

LERU adds that creation of the 'Innovation Union' requires correction of funding arrangements.

In its just-released report Universities, Research and the 'Innovation Union', LERU describes Europe as being highly competitive when it comes to developing new knowledge, but less successful at turning this knowledge into innovative products and services that drive world-class economies.

According to LERU, the problem has been universities' impoverished research efforts in recent decades, with a few notable exceptions. This, they say, is a result of "marginal-cost funding of research, the allocation of research funding on criteria other than excellence, and an obsession with bureaucratic even-handedness".

To read the full, original article click on this link: University World News - EUROPE: Funding criteria 'hamper innovation'

Author: Ian R Dobson

One evening an old Cherokee told his grandson about a battle that goes on inside people.

He said, "My son, the battle is between two wolves inside us all.

"One is Evil. It is anger, envy, jealousy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego.

"The other is Good. It is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion and faith."

The grandson thought about it for a minute and then asked his grandfather: "Which wolf wins?"

The old Cherokee simply replied, "The one you feed."

To read the full, original article click on this link: The Heart of Innovation: Two Wolves

Charity Navigator, perhaps the largest online source for evaluating nonprofit groups, recently embarked on an overhaul to offer a wider, more nuanced array of information to donors who are deciding which organizations they might help.

Its reinvention coincides with the growing need of nonprofits to provide more — and broader — information about themselves and their impact in an effort to wean donors off a reliance on administrative-cost ratios and other financial metrics that have traditionally been used to assess charities.

Charity Navigator had been using a system of awarding one to four stars to charities based mainly on financial measures, like how much organizations spend on fund-raising and the ratio of their administrative costs to their overall revenue.


To read the full, original article click on this link: Charity Navigator Seeks to Broadly Inform Charitable Donors - NYTimes.com

Author: STEPHANIE STROM


This is a bit of a distillation of observations over time. I thought of it because I think that a lot of people that are trying to improve innovation within an organisation think that they can go from the bottom left (No Innovation Capability) to the top right (Google-Like Innovator) in one jump, simply by introducing some sort of innovation program. I think that this is impossible – that you actually have to make the trip in a number of steps, and that there are many different paths that you can take.

The table has two increasing dimensions. Across the horizontal axis there is increasing commitment to innovation. This can include things like talking about how innovation is important, including it as a core value, putting in systems to support and improve innovation, and explicitly earmarking time, money and other resources to innovation. This is measuring innovation inputs.

Going up the vertical axis shows an increase in innovation competence – mainly the ability to generate and successfully execute new ideas. This measures innovation outputs.

To read the full, original article click on this link: Innovation Matrix – Get Beter at Innovation « T-Mobile Dose

It is said that by the year 2020, India will have the largest labor force in the world. It is also said that the average age of this labor will be less than 30 years. If statistics are anything, to go by the reigns of our country certainly seem to be in the hands of youth.

The Indian economy itself is at a crossroads where on one hand it breathes the air of an increasingly skewed urban predilection, its rural forces twist its head another way. In keeping with this stipulation a unique movement of social entrepreneurship is taking shape in the heartland of India.

It is in pursuit of this India that individuals and institutions have been working to instill a spirit of social entrepreneurship, indeed to create a whole ecosystem around it. One such initiative is the Tata Jagriti Yatra – a collaborative endeavor of the Tata group and the Jagriti Sewa Sansthan.

To read the full, original article click on this link: Innovation on wheels

All you really need to enjoy wine is a corkscrew, a bottle of vino and a glass to pour it into. But admit it: Gadgets just make wine so much more fun, especially now that we’re all spending so much more time at home drinking it.

“The trend over the last year has been home entertaining and that’s definitely because of the economy. People are watching their budgets,” says Tracy Gray, owner of Discover Wines in Kelowna.

“We’ve seen big spikes in sales of wine glasses and decanters, and from that a lot of cheese knives and pate knives, tapas dish sets and things like that.


To read the full, original article click on this link: Great gadgets for wine lovers

Author: Joanne Sasvari

Yesterday we kicked off "office hours" for USV. We did it with this post on the USV twitter account. We got 68 responses in a few hours for 32 slots. So we've taken down the signup form (which is why the link in the tweet doesn't work). The first 32 responses will get priority but we will try to accomodate everyone who filled out a form in the coming months.

The idea for office hours comes from our friends at First Round Capital and Foundry Group. Both Josh Kopelman and Brad Feld have written about the benefits of "first come first serve" meetings with no filters and no qualifications. We also believe in a level playing field for all entrepreneurs and have been wanting to do this for a while now.


To read the full, original article click on this link: A VC: Some New Stuff From USV

Author: Fred Wilson

One of the most interesting concepts to emerge in media and tech lately is that of “serendipity”—showing people what they want even if they didn’t ask for it.

Despite its seemingly ubiquitous invocation, however, the concept of serendipity remains ill-defined and put forth as some vague panacea for a slew of emerging innovations hoping to attract new users in droves.  What is needed is a closer look at what we actually mean when we talk about serendipity.


To read the full, original article click on this link: The Myth Of Serendipity

Author: Henry Nothhaft, Jr.

Are you trying to remember to drink more water, bicycle more, take shorter showers, or take your vitamins? Or are you constantly monitoring your kids to see whether they're brushing, flossing, or putting the toilet seat down?

Brian Krejcarek, founder of GreenGoose, thinks the solution may be peppering your home with a collection of small, inexpensive wireless sensors. The sensors are capable of detecting things like movement, sound, or temperature, and they report their findings to an egg-shaped base station that plugs into your wireless router so that it can send data to the Internet. Paste a sensor onto your daughter's trumpet case, and it can track how long she practices. Another on the dog's leash can let you know whether your spouse actually took Sparky out for his 6 a.m. constitutional.

"They're able to measure human behaviors when we interact with objects, whether it's getting on your bike or using your toothbrush," says Krejcarek. When I met him earlier this week, he was wearing a few prototype sensors around his neck, at the end of lanyards that looked like they might ordinarily carry employee badges.


To read the full, original article click on this link: GreenGoose asks: What do you want to measure? - Innovation Economy - Boston.com

Author: Scott Kirsner

Last week I attended the Creativity World Forum (CWF) in Oklahoma, where I spoke about Creativity at Work. Every time I mentioned I was going to Oklahoma, people scoffed. Why would the CWF take place in Oklahoma? Why not NYC or LA?

Oklahoma was selected as host because it is part of the District of Creativity Network, which unites 12 regions of the world to exchange ideas for business, culture and education, among other areas. It is the only city in North America to have a Creative City designation within the network.

The CWF brought together leaders from business, government, non-profit, culture and education to develop an intentional strategy to create an environment where creativity may flourish. It was organized by Creative Oklahoma, a non-profit group with a mission to establish Oklahoma, as a world-renowned center of creativity + innovation in commerce, culture and education. I wasn’t in the city long enough to do any sightseeing, but I did learn that Oklahoma is home to many famous people in arts, entertainment, business, sports, and government, and that more astronauts come from Oklahoma than any other state.


To read the full, original article click on this link: Notes from The 2010 Creativity World Forum, Oklahoma

Author: Linda Naiman

AS the story goes, Squanto — a Patuxet Indian who had learned English — took pity on the Pilgrims of Plymouth Colony who had managed to survive that first brutal winter, and showed them how to plant corn, putting a dead fish in each hole where a seed was planted. But before that, before the ground had even fully thawed, he taught them a perhaps more valuable skill: how to catch a fatty, nutritious fish that would sustain them in the worst of winters. And this food item, likely on the table of that first Thanksgiving, would have carried special significance to those remaining colonists. Eels — a forgotten staple of our forefathers.

Indeed, eel was the dinner that Pilgrims were given on the very day after they made peace with Massasoit, the sachem, or leader, of the region. The following account is from “Mourt’s Relation,” mostly written by a Plymouth resident, Edward Winslow: “Squanto went at noon to fish for eels. At night he came home with as many as he could well lift in one hand, which our people were glad of. They were fat and sweet. He trod them out with his feet, and so caught them with his hands without any other instrument.”

To read the full, original article click on this link: Give Thanks for ... Eel? - NYTimes.com

Author: JAMES PROSEK

I EurActiv Logotaly found itself in a political squeeze on Thursday (25 November) as several key European countries moved to create a unified patent to protect the design of products sold across their borders.

After more than a decade of frustrating negotiations to draft a single patent for the 27-nation bloc, a group of countries have decided to go it alone.

Sweden, Germany, the United Kingdom, Ireland, the Netherlands, Slovenia and Estonia said they will formally ask the European Commission to help them write a common patent agreement based on "enhanced cooperation" between those countries.


To read the full, original article click on this link: An EU patent without Italy? Member states turn up the heat | EurActiv

When venture firms boast of exits, they’re typically talking about acquisitions or initial public offerings. Edison Venture Fund took a different approach recently when it announced an 11-times return on its initial investment in CambridgeSoft Corp., achieved by selling its shares back to the company.

At a time when traditional exits are harder to achieve, the Lawrenceville, N.J., firm, which has been around since 1986, says it is working harder to generate liquidity for its limited partners. “Exits are considerably more difficult now than they were earlier in my career,” said John Martinson, Edison Venture’s founder and a managing partner. “We’re much more proactive.”

The firm, whose name is a reference to entrepreneur and inventor Thomas Alva Edison, is seeing longer times to exit even though it is a later-stage growth investor and does not back start-ups. It invests in technology companies that are cash-flow positive or close to it. Most have been in business for three to six years and have no prior institutional financing.


To read the full, original article click on this link: Edison Venture Fund Leaves No Stone Unturned In Exit Quest - Venture Capital Dispatch - WSJ

Author: Russell Garland

After a decade-long break from investing in health-care companies, Norwest Venture Partners is jumping back in after watching other firms retreat from the cash-intensive sector, Managing Partner Promod Haque said.

“There’s a paucity of capital” going into medical-device and other health-care start-ups, he said. “It’s so capital-intensive that VCs are thinking twice or thrice about getting involved. It’s a very good opportunity for firms that have a larger fund.”

Norwest, more frequently associated these days with social gaming hits like Ngmoco Inc. and Playdom Inc., will make health-care investments from its $1.2 billion 11th fund, NVP XI, which the firm raised last year, Haque said.


To read the full, original article click on this link: Norwest Backs Health Care Again After 10-Year Break - Venture Capital Dispatch - WSJ

Author: Timothy Hay

How creative are you? A lot of bloggers feel that they’re not very creative people. Perhaps they come from a technical background. Perhaps they’ve never picked up a paintbrush in their life, and think that means they’re not creative. Perhaps they see creativity as something for other people.

The truth is, if you’re blogging—or even planning a blog—then you’re already much more creative than a lot of folks.
As a blogger, you’re not just creating content (though that’s the biggest area where you’ll be exercising your creative muscles).

Right from the start, you’re also creating:

* the brand for your blog
* your business plan and blogging strategy.

And if you’re bootstrapping your blog (almost all of us are, when we start out), you may well be creating:

* your logo and site header
* the look and feel of your blog (the fonts and colors you choose, for instance).

To read the full, original article click on this link: How to Nurture Your Creativity

A FEW years ago two executives of an international oil company were working late in its otherwise deserted office in England. A stunning young Chinese woman arrived at reception. “She was very attractive, decked out in Gucci,” one of them says. She delivered a letter from Sinopec, one of China’s giant, state-controlled energy firms, proposing a multibillion-dollar takeover. The executive adds, a little wistfully, that she then disappeared into the night in a car with local licence plates, never to be seen again.

His firm was soon bought by another Chinese company. Since then Western bosses have been tapped by Chinese firms at conferences in Toronto and Cape Town and received walk-in offers in Scandinavia. Companies across Europe have solicited Chinese investment. Bankers all over the world have touted lists of Western takeover candidates among China’s big firms. This year buyers based in China and Hong Kong have accounted for a tenth of global deals by value, including investments in oil and landmark takeovers in industry, such as Geely’s purchase of Volvo, a Swedish carmaker. A decade ago China urged its companies to expand under the slogan “go out”. Now it is really happening.

To read the full, original article click on this link: Chinese takeovers: Being eaten by the dragon | The Economist

I’m hearing more and more these days about a new type of small business, called a “microbusiness” (or microenterprise). These are usually characterized as owner-operated, with five employees or less, and less than $250,000 in sales. With the low cost of e-commence entry, and powerful Internet technologies, they require minimal capital to start, perhaps as little as $500.

I see the potential for these to become big business in this entrepreneurial and struggling economy. According to The Association for Enterprise Learning in Chicago, microbusinesses added more than 2.5 million jobs to our economy in the last two years. Microbusinesses are usually run out of the home, and range the gamut of consulting services to e-commerce.

To read the full, original article click on this link: Startup Professionals Musings: With a Microbusiness, You Can Skip the Investor

Author: Martin Zwilling

It’s counter-intuitive – especially to Americans. But often less is more.

Minimalism beats clutter. Substance trumps verbosity.

For years I’ve been offering advice on how to better communicate and for years I’ve seen most people commit the same universal mistake: Including too many details. Less is more effective. Less has more impact. Less actually takes more effort.

So let’s start with resumes as the perfect metaphor and then expand.

To read the full, original article click on this link: When in Doubt, Leave it Out (Why Less is More) | Both Sides of the Table

Author: Mark Suster


Even as developed countries close or limit the construction of coal-fired power plants out of concern over pollution and climate-warming emissions, coal has found a rapidly expanding market elsewhere: Asia, particularly China.

At ports in Canada, Australia, Indonesia, Colombia and South Africa, ships are lining up to load coal for furnaces in China, which has evolved virtually overnight from a coal exporter to one of the world’s leading purchasers.

The United States now ships coal to China via Canada, but coal companies are scouting for new loading ports in Washington State. New mines are being planned for the Rockies and the Pacific Northwest. Indeed, some of the world’s more environmentally progressive regions are nascent epicenters of the new coal export trade, creating political tensions between business and environmental goals.


To read the full, original article click on this link: Importing Coal, China Burns It as Others Stop - NYTimes.com

Author: ELISABETH ROSENTHAL

Prashant Gulati says that TechCrunch should be banned in the Middle East. That’s not because he isn’t a big fan of the site, but because he says it “puts some naïve and green young ones at a disadvantage”.  The Dubai-based technologist and angel investor funded a startup recently. Soon after he made the investment, he learned that the majority of the money had been withdrawn from the bank. The young company founder—who previously had been unable to make ends meet—was seen driving around in a fancy red Corvette.  When confronted, the founder retorted that he hadn’t started his business to live the life of a hermit; he needed to keep his girlfriend happy and enjoy life. Since he had achieved success by raising capital and was now famous, he was entitled to live the high life like all the people that he reads about—on TechCrunch.

Prashant had no choice but to bear the loss and to coach the founder.

I know that many Silicon Valley investors will be able to relate to Prashant’s frustration. With the attention that new investments receive and the fanfare for business-plan contests, it is easy to believe that once you’ve raised capital, you’ve made it. So fledgling entrepreneurs often spend the majority of their time developing sexy PowerPoint presentations and pitching to investors rather than building their business.


To read the full, original article click on this link: Venture or Angel Capital Isn’t the End—It’s the Means

Author: Vivek Wadhwa



Matthias Wandel's rubber-band-powered Jenga Pistol brings an entirely new, nerdy delight to the staid old game of Jenga by using the rapid transfer of kinetic force to achieve seemingly impossible Jenga moves. He'll tell you how to make one (he also sells 'em).

To read the full, original article click on this link: HOWTO make a Jenga pistol - Boing Boing

Author: Cory Doctorow

A high-tech soda fountain unveiled Thursday at Pei Wei Asian Diner in central Phoenix will dispense an unprecedented 106 flavors out the front end and real-time consumer data out the back end, according to its creators at the Coca-Cola Co.

Jim Sanders, commercialization group director for Coca-Cola, which is based in Atlanta, said the new drink machine will become the standard.

Jim Sanders, Coca-Cola commercialization group director, described it as the biggest advancement in beverage delivery since self-serve soda fountains were popularized two decades ago.

To read the full, original article click on this link: High-tech soda fountain debuts in Phoenix

Author: J. Craig Anderson

BOSTON - Serial entrepreneur and Bessemer Venture Partners operating partner Chris Risley says the biggest thing entrepreneurs approaching funds should think about is pain.

Risley says if a would-be successful businessperson can convince a panel of decision-makers that customers are suffering without his or her product on the market, the innovative solution proposed is a story venture capitalists would want to hear more about.

"The hard part is not finding solutions, the hard part is finding exciting problems to solve," Risley, speaking at the University Club of Boston, told a group of New Brunswick entrepreneurs who were in Boston from Wednesday to Friday to network with and learn from management consultants and investment experts.


To read the full, original article click on this link: nbbusinessjournal.com - No pain, no gain, entrepreneur says | Rebbeca penty - Breaking News, New Brunswick, Canada

Author: REBBECA PENTY

Living to work, or working to live?

Everyone knows what money is supposed to be – it is supposed to be a representation of human productivity, otherwise nobody would “work” for it, right?

It is also fairly obvious that money is not the only thing that represents human productivity. People work for family, community, reputation, love, recreation, art, music, etc. These values are denominated in social currencies.
Working for Social Currency

Market Capitalism has deftly turned social currencies into consumption verticals. People consume recreation products, family products, community products, reputation products, etc. The irony is that people are foregoing all those things to drive off to work in order to earn the money so that they can buy back their family, recreation, and community. People are “working” for social currencies denominated in dollars. The Mantra of Madison Avenue is to “Steal the thing that people love about themselves and sell it back for the price of the product”

To read the full, original article click on this link: The Invisible Hand of Social Capitalism | Relationship Economy

Author: Dan Robles

The holy grail of social media is the conversion of conversational value into economic gains.

Marketers and advertisers are still “pushing” intrusive messages as the common means of propagating their offerings. Even when the data strongly suggest that these methods are inefficient and not considered “social” the massive spending on old methods continues. The holy grail of the next social paradigm shift will be finding innovation that can monetize interaction for all parties while enabling social engagement.

To read the full, original article click on this link: Converting Social Value Into Money | Relationship Economy

Author: Jay Deragon

IMAGINE a personal computer that has two souls. One moment it is your work machine, complete with a set of corporate applications and tight security settings. Then it becomes an entertainment centre, allowing you to watch any video and download any program.

Thanks to a process called “virtualisation”, such computers are now being created. Ever more processing power and clever software are allowing devices of all kinds to separate from their hardware vessels and move to new homes. If this process continues as some expect, it will change computing radically. And more than one IT company will have to rethink how it does business.

To read the full, original article click on this link: Innovation in IT: The liquefaction of hardware | The Economist

Mozilla has just published their annual “The State of Mozilla” report. They do this once they’ve filed their audited financial statements for the previous year, so these numbers are for 2009. Still, they’re impressive numbers given how much competition their is in the market — particularly from their biggest benefactor: Google.

For 2009, Mozilla reported revenues of $104 million. That was up 34 percent from 2008 when revenues were $78 million. Notably, that revenue number includes a $104,000 loss from long-term investments, but that’s a huge improvement from 2008 when the same loss was $7.8 million. So where does Mozilla make most of this money from? Firefox, of course, thanks largely to their search deal with Google. In the FAQ section of the report, Mozilla addresses this:

The majority of Mozilla’s revenue is generated from search functionality included in our Firefox product through all major search partners including Google, Yahoo, Yandex, Amazon, Ebay and others. Mozilla’s reported revenue also include very important individual and corporate donations and grants as well as other forms of income from our investable assets.


To read the full, original article click on this link: Mozilla: $104 Million In Revenues, 400 Million Users, Google Deal Running Through 2011

Author: MG Siegler

Facebook is apparently starting a push to get users to make it their default homepage. In fact, that’s exactly what they are doing with a new “Make Facebook Home” button that is beginning to appear on the top of user’s profiles.

Users logging in may be prompted by several pictures of their friends and a customized sentence reading, “See what’s happening with Stephanie, Kim and the rest of your friends the moment you open your browser.” At the end of the sentence is a large blue button that reads “Make Facebook Home.” Upon clicking (which I didn’t want to do) the user has a choice of either making the page their homepage or adding to their homepage tabs.


To read the full, original article click on this link: Facebook wants to be your…. homepage? | VentureBeat

Author: Cody Barbierri

Earlier this year, when Xinjiang Goldwind Science & Technology, one of the five biggest wind turbine manufacturers in the world, set up subsidiary Goldwind USA in Chicago, it did not simply send corporate minions to do things the way they are done in China.

“When companies have done that in the past, without exception, those plans have gone totally awry because there are cultural and business differences and project requirement differences,” said Scott Rowland, the Goldwind USA Vice President of Engineering and one of the North American team’s first hires.

Instead, Rowland said, Goldwind has hired people who have participated in and know the North American market “and then they give them the tools necessary to support their success,” he explained. “Goldwind’s perspective toward the North American team is ‘Tell us what you need to be successful and we’ll support you,’ rather than ‘Here’s our way of doing business and our policy manual, now go forth and use them.’”


To read the full, original article click on this link: Will Goldwind Rule the Wind World? : Greentech Media

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Sarah Lacy of Techcrunch has an interesting post on Seedcamp, a European based accelerator that just raised 3 million euros. Includes a video interview with partner Reshma Sohoni.

It is a combination of Y Combinator, a competition like TechCrunch Disrupt and a super angel, but one that aggressively takes itself on the road every month to find the best startups in emerging markets, particularly Eastern Europe. (It’s not unlike my own obsessive emerging market reporting. Oh wait, it’s completely different. They have actual money to invest.)


To read the full, original article click on this link: Venture Accelerator Seedcamp Closes a New 3 Euro Million Fund | Techcrunch | Campus Entrepreneurship

Natalie MacNeil is the Co-founder of award-winning digital media firm, Imaginarius, and Founder of the blog for career-oriented women, She Takes on the World.

After founding her company this year, MacNeil has already encountered some major setbacks. Here, she describes each issue, and how she overcame them.

Challenge No. 1: Determining a course of action and finalizing a strategic plan that my business partner and I were equally satisfied with.


To read the full, original article click on this link: The 3 Biggest Challenges I've Had To Overcome As A Founder

Author: Natalie MacNeil

Independent of what motivates you, how you think about money, whether you tend to capitalize on your strengths or protect your weak spots… how will you ultimately grade yourself on overall career success? Will it be based on how long you stayed in the game? The level of influence or recognition you achieved? What about the quality and durability of your relationships? Personally meaningful and satisfying accomplishments? Financial security? Respect?

While enjoying my morning coffee, I generally read the obituaries. These concise profiles of the recently deceased interest me for a number of reasons (truly, what better way to begin the day than by not seeing your own name?) and I’m hardly the first to appreciate them as a bona fide literary form. It seems as if there’s a bit of competition going on from beyond the grave, too. Numbers of children, grandchildren and surviving spouses offer a snapshot of how the subjects surrounded themselves with others, assuring the reader that they were seldom, if ever, lonely. Details of education, military or community service, career achievements and leisure pursuits help us recognize a life lived to its fullest — or one cut tragically short. And unless it’s just me, I think there’s also a reflection, a natural process of self-comparison that goes on when we read them. We wonder or speculate what our own obituaries might look like and how our own descriptions will measure up…or not.


To read the full, original article click on this link: How Do You Define Success, Really? | BNET

Author: Mark Jaffe

What do you do when you’re stressed out? Talk to friends? Listen to music? Have a drink, or eat some ice cream? Or maybe practice yoga? These things are all pleasant options, and they’re obvious, effective ways to deal with stress. Chances are that you would not even think about doing something like, say, cutting your arm with a knife until you draw blood. Yet inflicting pain is exactly what millions of Americans – particularly adolescents and young adults – do to themselves when they’re stressed.

This is called nonsuicidal self-injury (NSSI), and it most commonly takes the form of cutting or burning the skin. Traditionally, many doctors, therapists, and family members have believed that people engage in NSSI primarily to manipulate others. However, recent research has found that such social factors only motivate a minority of cases and usually represent cries for help rather than coldhearted attempts to exploit caretakers. Although there are many reasons why people engage in this kind of self-injury, the most commonly reported reason is simple, if seemingly odd: to feel better. Several studies support the claim that self-inflicted pain can lead to feeling better. For example, Schmahl and colleagues scanned the brains of people with a history of NSSI during a painful experimental task designed to mimic NSSI. They found that the pain led to decreased activity in the areas of the brain associated with negative emotion. The reality of this effect provokes a perplexing question: How could self-inflicted pain possibly lead to feeling better?


To read the full, original article click on this link: How Pain Can Make You Feel Better: Scientific American

Author:

To reach the pro level, football players must compete aggressively. But to keep charging ahead at full steam, they also need to be vigilant about their health, which means eating and drinking right. In this extreme sport, just how much water can these pro athletes sweat through?

The body loses moisture through perspiration as well as through respiration (think of your breath fogging a window). Both of these processes speed up during exercise as the body works to cool itself down with sweat, which evaporates from the skin, taking heat with it, and by breathing harder to get extra oxygen to the muscles. Pile these factors on to a hot summer training session under heavy protective gear, and you have a recipe for some serious fluid loss.

To read the full, original article click on this link: How Much Water Weight Can a Player Lose During a Game?: Scientific American

Growing living tissue and organs in the lab would be a life-saving trick. But replicating the complexity of an organ, by growing different types of cells in precisely the right arrangement—muscle held together with connective tissue and threaded with blood vessels, for example—is currently impossible. Researchers at MIT have taken a step toward this goal by coming up with a way to make "building blocks" containing different kinds of tissue that can be put together.

Embryonic stem cells can turn into virtually any type of cell in the body. But controlling this process, known as differentiation, is tricky. If embryonic stem cells are left to grow in a tissue-culture dish, they will differentiate more or less at random, into a mixture of different types of cells.

To read the full, original article click on this link: Organs Made from Scratch  - Technology Review

Author: Katherine Bourzac

Bill Gurley penned a fantastic post about IPOs yesterday. Go read it.

Bill presents a very compelling case that IPOs still have a role to play in the startup ecosystem and he also puts forth some strong data suggesting that the IPO market is coming back and good companies are taking advantage of it.

But my favorite part is his counterargument to the point that Wall Street forces entrepreneurs and managers to run their companies with a short term focus (an issue I've long been concerned about). Bill writes:

One recent argument knocking the IPO is as follows: Wall Street is too short-term focused, and that if you want to run your company for the long-term you should remain private. There are three great reasons that this “can’t focus on the long term” argument falls short — Jeff Bezos, Marc Benioff, and Reed Hastings. All three of these amazing entrepreneurs turned CEOs took their company public on a standard IPO time frame. They also all three conveyed to Wall Street that they would postpone short-term earnings results in order to chase a greater long-term objectives and ambitions. The intelligent mutual fund investors that were swayed by their convincing arguments (there were many) were handsomely rewarded. Furthermore, Bezos, Benioff, and Hastings all three used “being public” as a bully-pulpit to tell their version of their industry’s story, thereby aiding their advantage. If you are unconvinced go ask Steve RiggioTom Siebel, or Blockbuter CEO Jim Keyes.


To read the full, original article click on this link: A VC: Bashing The Collective Wisdom On IPOs

Author: Fred Wilson

DURHAM, N.H. — The New England economic outlook remains precarious, with the regional economy struggling to continue its recovery if the U.S. economy remains weak. The looming federal and state fiscal crises will make a difficult road to recovery in the region even more difficult, according to Ross Gittell, James R. Carter Professor of Management at the University of New Hampshire.

Gittell will release his fall 2010 economic forecast at the New England Economic Partnership economic outlook conference, “Deficits as Far as the Eye Can See: Seeking Solutions to our National and State Fiscal Crises,” at the Federal Reserve Bank of Boston Wednesday, Nov. 17, 2010. He is the partnership’s vice president and New England forecast manager. In addition to Gittell’s forecast, the partnership released new economic forecasts for the United States and each of the six New England states.

To read the full, original article click on this link: New England economic outlook precarious; government fiscal woes threaten region’s recovery | Science Blog

Governments, Law and Regulations, Oh My! One of the hallmarks of the growth of the Internet was a lack of government regulation or involvement. While not the case for all green businesses, many of the larger opportunities and business sectors look to government actors as partners in their growth and long term positioning. Today’s GREENtrepreneur that isn’t thinking about the role government plays in the startup is probably missing tax credits, a grant opportunity, a key regulation or a contracting partner. Weaving a small company into and through the tangled web of government involvement is often a necessity, but may limit the ability to be agile and lean when growing the business. As I noted in Green Entrepreneur Handbook:

“The influence of government on green business cannot be understated. From grants, environmental small business loan programs, loan guarantees, tax credits, government contracts, regulations and general purchasing patterns, the federal and state governments of the United States have made support of green businesses a key priority. Outside of the U.S., governments throughout Europe and Asia have made environmental support key components of their own regulatory and spending programs.

To read the full, original article click on this link: GREENtrepreneurs: The Challenge & The Opportunity (Part 2) | Xconomy

Author: Eric Koester

An €85 million venture capital fund aimed at high-tech firms was announced by Minister for Enterprise Batt O’Keeffe this morning.

The Atlantic Bridge II Fund, which is being supported by Enterprise Ireland’s Seed and Venture Capital Programme 2007-2012, will focus on Irish and European high-tech firms with strong international growth prospects.

The fund will be managed by Atlantic Bridge Partners which has €250 million under investment.

Atlantic Bridge is expected to invest between €5 million and €20 million in each successful firm with a typical investment cycle of five to eight years.

To read the full, original article click on this link: O'Keeffe launches €85m capital fund - The Irish Times - Mon, Nov 15, 2010

Author: STEVEN CARROLL

Today, Apple's Ping service unveiled a new partnership with Twitter, which we're dying to call Twing (or Pitter). The deal gives Twitter users the option to link their accounts to Ping, iTunes' troubled social network, and port activity between the two services. It's a huge win for both Apple and Twitter, but the real question is: why didn't Facebook take the deal?

Clearly, Facebook was Apple's first choice. Steve Jobs desperately wanted the networks' 500 million users (Twitter has 175 million) to help populate Ping through Facebook Connect. Heck, Apple even advertised for it originally:


To read the full, original article click on this link: Apple-Twitter Partnership a Win-Win: Why Didn't Facebook Take the Deal? | Fast Company

Author: Austin Carr

Florida House 13It’s really hard to zig when the whole world seems to be zagging. One of my favorite quotes I learned in high school was:
“Nonconformity is the Highest Form of Social Attainment”
It was written as the yearbook quote of the smartest seniors as I was finishing my freshman year. It has always stood with me. I have had a low bullshit meter. I remember it even way back in kindergarden when my Saturday school teacher tried to tell me about Noah and Adam & Eve. Those stories didn’t sound that plausible to me. Much to her chagrin, the other slogan I have always lived by is

Question Authority.”

When the masses start all running one way without questioning “why?” – and when it defies any logic I can figure out in my head – I call bullshit.


To read the full, original article click on this link: Here's What Angel Investing And Florida Condos Have in Common

Author: Mark Suster





A startup called Cogenra Solar recently installed a bank of solar arrays with a difference at a northern California winery. The arrays combine conventional photovoltaic solar cells with a system for collecting waste heat. This produces electricity for lighting and bottling equipment, and creates hot water that can be used for washing tanks and barrels.

Cogenra plans to install these "hybrid" solar arrays at businesses that use large quantities of electricity and water, and then charge them for supplying both. The company has not released an estimate for the cost-per-watt of its electricity, but it says that the cost of heated water will be considerably less than the norm.

To read the full, original article click on this link: Solar Arrays Do Double-Duty - Technology Review

Author:  Ucilia Wang

Is working from home going to cost a Denver probate judge her job? It might happen because when her employees work from home, there’s no one manning the offices at the courthouse. This is a big problem when there’s only one place people can go for a service. It’s potentially deadly when your customers have options and can choose to leave you.

Many people think of telecommuting and remote working as the answer to life’s problems (and if that’s all it takes, I want their life!). While it’s true that allowing flexibility in where and when people work can raise productivity and reduce turnover, it can also cause headaches if it’s not done with the business in mind. If customers can’t get served, or your internal people can’t get their work done because important information doesn’t flow, then all the cost savings in the world won’t save you.

To read the full, original article click on this link: Telecommuting Can Keep Employees Happy- And Cost You Customers | BNET

Author: Wayne Turmel

I work in Boston, a city where someone recently paid $300,000 for a parking spot. Drivers are constantly circling as they hunt for an opening. Add the notorious aggressiveness of Boston drivers and the high insurance rates into the mix, and it becomes clear why this is one of the most expensive and difficult places in the nation to own a car.

So it's probably no coincidence that this is where Zipcar was founded more than a decade ago. At first, the company that introduced America to rent-by-the-hour, pay-as-you-go car sharing grew slowly. Rivals saw it as a niche market for the ecologically minded and others who were willing to ditch their full-time vehicles.

But the advent of the smart phone has helped reshape the way Zipcar operates, greatly broadening its appeal. Launched two years ago, Zipcar's app for the iPhone has been downloaded by 400,000 people, who use it to locate the nearest available car and even honk its horn. That has made it much easier for customers to find cars wherever and whenever they want one. Now the company has expanded to 55 cities and 225 college campuses in the U.S., Canada, and the U.K.

To read the full, original article click on this link: How Mobile Apps Are Disrupting the Car-Rental Business - Technology Review

Author: Lauren Cox

Business leaders have two choices when it comes to all things social. Be open and win or be closed and lose. What is the difference?

Chris Dixon writes: The next important distinction is whose interest you are considering when asking what and when to open or close things.  I think there are at least 3 interesting perspectives:

The company: In a nutshell, there are times when a company, acting solely in its self-interest, should close things and other times they should open things.  As a rule of thumb, a company should close their core assets and open/commoditize complementary assets.  Note that I think there is absolutely nothing wrong with Google and Facebook or any other company keeping closed or trying to open things according to their own best interests.


To read the full, original article click on this link: Can Business Win From Being “Closed”? | Relationship Economy

Author: Jay Deragon

victorias-secret-angelSo-called "superangels," business angels who have gone pro and raised a fund from institutional investors, are changing the startup investment landscape and, some say, not for the better.

The superangels have basically brought two different kinds of concerns, which we'll see are related:

  • That superangels are bidding up valuations for startups, particularly consumer web startups, to an insane point, and

To read the full, original article click on this link: Here's The REAL Reason Why Some Superangels Want To Keep Valuations Down And Just Flip

Author: Pascal-Emmanuel Gobry

woman-cashIf your startup desperately needs an investor, you may not care if the investor is a so-called “angel” investor, or a venture capitalist (VC). The money is the same color in either case. But I have found that making the right choice at the right time can have a major impact on your long-term success, and the decision process is complex.

The basics are simple. Angels are typically high net-worth individuals, investing their own money, interested more in early or “seed” financing of amounts starting as low as $25K. Venture capitalists are professionals, investing other people’s money from a fund, interested mostly in later rounds, in chunks of money from $2M up. Between these extremes is a large overlap.

But beyond the numbers, there are many factual and subjective issues that you should be aware of before you step into the game. These include the following:

1. Investment control. Angels typically have simpler term sheets, don’t squeeze so hard on valuations, and are more realistic on time-frames. VCs tend to exert more control over the team and assert financial control over the company, its strategy and exit plans. Ultimately a larger VC investment can also narrow exit options.

To read the full, original article click on this link: Startup Professionals Musings: Pick the Right Investor Type for Your Startup

Author: Martin Zwilling

knifeinheart.jpgI always enjoy reading fiction--also known as 90 percent of all start-up how-to guides and articles. The dreamscapes they paint always seem to I've a knack for happy endings. 

Follow your dreams. 

Turn your passion into profits. 

Do what makes you happy. 

This is lovey-dovey utopian nonsense. This sort of advice would have you believe that if you simply put your all into something you will be successful. Bottom line: if the start-up idea your passionate about isn't capable of generating revenue, your passion will bankrupt you—as was almost the case with my first failed start-up, which I dissect in detail in my book Never Get a "Real" Job.


To read the full, original article click on this link: 'Be Passionate' Is Actually Terrible Advice

Author: Scott Gerber

Orange JuiceMilton Pappas and his partner Bliss McCrum taught me the venture capital business. I was 25 years old and straight out of business school at the time. Ten years later, I left their firm and started Flatiron Partners.

I owe a debt of gratitude to Milt and Bliss and part of the reason I blog every day is to pay it back by paying it forward.

Milt had three things he would never invest without. I have kept them and they are mine now.

They are:

1. A liquidation preference

2. A right to participate pro-rata in future rounds

3. A board seat (or an observer seat and information rights)

To read the full, original article click on this link: Three Things I Must Get Before I Invest

Author: Fred Wilson

A new type of underwater robot could be better at tracking marine organisms and measuring the physical and chemical properties of the ocean than previous robot designs. The vehicle, called Tethys and developed by the Monterey Bay Aquarium Research Institute (MBARI) in California, compensates for the shortcomings of current robots by merging their best qualities into one unit.

For decades, researchers have used underwater vehicles to study the biological processes and physical characteristics of the ocean. But such work has been constrained because there were only two types of underwater robots: gliders and propeller-driven vehicles. A glider drifts very slowly through the ocean, using a buoyancy system for propulsion. Its low speed makes it vulnerable to tides and currents, which can knock it off course. It also has a small payload capacity, but high endurance, so it can remain at sea for months at a time. In contrast, propeller-driven vehicles can zoom through the ocean like torpedoes. They can be up to 10 times the size of gliders, but they can remain at sea only for about 24 hours.

To read the full, original article click on this link: A Hybrid Underwater Robot - Technology Review

Author: Brittany Sauser

The way you view the world is unique, so why not use it to identify you?

A company in Israel has developed a security system that does just this--exploiting a person's unique pattern of eye movements to identify them. Most biometric security systems measure physical features that are constant, such as fingerprints or iris patterns. An eye-tracking system has the potential to be harder to fool and easier use, its creators say.

The new system tracks the way a person's eye moves as he watches an icon roam around a computer screen. The way the icon moves can be different every time, but the user's eye movements include "kinetic features"—slight variations in trajectory—that are unique, making it possible to identify him. This is less complicated than using a long pass phrase or a smart card to gain access to a computer system or a building.

To read the full, original article click on this link: For Your Eyes Only - Technology Review

Author: Duncan Graham-Rowe

Gifts from wealthy Americans to nonprofit organizations, including colleges and universities, plummeted by an average of nearly 35 percent from 2007 to 2009, according to a new study on the giving habits of the rich.

Affluent donors who had donated an average of more than $83,000 in 2007 gave only about $54,000 on average two years later during the heart of the economic downturn, according to the study, by Bank of America Merrill Lynch and the Center on Philanthropy at Indiana University. Colleges and other education-related organizations took a big hit, as donors cut their giving to such groups by 55 percent.

Educational organizations still received the second-largest share of giving, however, at 19.3 percent. The largest share, 22.1 percent, went to foundations, trusts, and other similar instruments for giving, such as donor-advised funds. The third-largest share, 13.3 percent, went to religious organizations.

To read the full, original article click on this link: Donations by the Wealthy Dropped Sharply in the Recession - Fund Raising - The Chronicle of Higher Education

Author: Debra E. Blum

Labrador Tea plant - Used for natural medicineThe high cost and high failure rate of drug discovery are well documented (see this from Tufts Centre for the Study of Drug Development). Nearly 43% of drug candidates fail due to efficacy problems, 33% due to safety concerns and 11% due to pharmacokinetic issues during development. Further, approved and marketed drugs are being withdrawn due to concerns regarding long-term safety, with 94% of such withdrawals due to toxicity. Seems like a losing proposition. But there are a lot of smart people working in the global pharmaceutical market, which is valued at US$880 billion and is expected to grow five to seven percent in 2011.

To read the full, original article click on this link: MaRS Blog – Innovation and Commercialization in Canada

Become a part of the Department that touches the lives of every American! At the Department of Health and Human Services you can give back to your community, state, and country by making a difference in the lives of Americans everywhere. Join HHS and help to make our world healthier, safer and better for all Americans.

This position is located in the Office of the Deputy Secretary, Immediate Office of the Secretary and reports to the Chief Technology Officer within the U.S. Department of Health and Human Services (HHS). The incumbent serves as the Executive Director on innovation performing a variety of projects of both policy and program nature.

To read the full, original article click on this link: Job - HHS Exec Director of Innovation - GovLoop - Social Network for Government

Google wants to make the Web faster. As well as optimizing its own sites and services to run at blazing speed, the company has been helping to streamline the rest of the Web, too. Now Google has released free software that could make many sites load twice as fast.

The software, called mod_pagespeed, can be installed and configured on Apache Web servers, the most commonly used software for running websites. Once installed, mod_pagespeed determines ways to optimize a site's performance on the fly. For example, it will compress images more efficiently and change settings so that more of the pages are stored in a user's browser cache, so that the same data doesn't have to be loaded repeatedly. The software will be automatically updated, notes Richard Rabbat, product manager for the new project. He says that this means that as Google and others make improvements, people who install it will benefit without having to make any changes.

To read the full, original article click on this link: New Google Tool Makes Websites Twice as Fast - Technology Review

Author: Erica Naone


The boxy frame, the greasy touch screens, the seemingly endless series of bleeps and bloops required to produce your cash -- there's not much to love about the modern ATM. Sure, it's better than the original, which dispensed only money, and only to people with accounts at its host bank. But ATM makers have sought to improve their product, in part because U.S. usage fell 20% in 2008, the most recent year for which data are available, to 11.8 billion transactions. By rethinking everything from the console's shape to the interface's style and function -- so long, keypads! -- "we can create machines that actually make banking cool," says Bob Tramontano, a VP at NCR, the world's largest manufacturer of ATMs.

The kiosk titan has developed several whiz-bang prototypes that aim to trim user transaction times and help banks cut production costs while sprucing up their image with a dash of high design. Although these types of consoles won't show up stateside until next year (some are being tested in Europe), NCR gave us an exclusive peek at what's to come.

To read the full, original article click on this link: The ATMs of the Future | Fast Company

Author: Dan MacSai

Ninety years ago, Stanford psychologist Lewis Terman began an ambitious search for the brightest kids in California, administering IQ tests to several thousand of children across the state. Those scoring above an IQ of 135 (approximately the top 1 percent of scores) were tracked for further study. There were two young boys, Luis Alvarez and William Shockley, who were among the many who took Terman’s tests but missed the cutoff score. Despite their exclusion from a study of young “geniuses,” both went on to study physics, earn PhDs, and win the Nobel prize. 

How could these two minds, both with great potential for scientific innovation, slip under the radar of IQ tests? One explanation is that many items on Terman’s Stanford-Binet IQ test, as with many modern assessments, fail to tap into a cognitive ability known as spatial ability. Recent research on cognitive abilities is reinforcing what some psychologists suggested decades ago: spatial ability, also known as spatial visualization, plays a critical role in engineering and scientific disciplines. Yet more verbally-loaded IQ tests, as well as many popular standardized tests used today, do not adequately measure this trait, especially in those who are most gifted with it.


To read the full, original article click on this link: Recognizing Spatial Intelligence: Scientific American

Author:

Prominent venture capital fund Andreessen Horowitz has confirmed earlier rumors that it has raised a $650 million fund, less than a year after it raised its first $300 million fund.

For Netscape buddies Marc Andressen and Ben Horowitz, that means they will be busy pouring a lot of money into Silicon Valley startups. For those already in the firm’s portfolio, it likely means future rounds of funding will be in the cards.


To read the full, original article click on this link: Andreessen Horowitz raises $650M fund | VentureBeat

Author: Dean Takahashi

Doha, November 1, 2010 – The second season of Stars of Science, an initiative of Qatar Foundation for Education, Science and Community Development, is marking the come-back to the competition after the “orientation week” experienced by the candidates. The thrilling fifth prime-time episode of “Stars of Science”, broadcast on Sunday, October 31, set the bar high upon its “Proof of Concept” phase.

Facing the jury for the first time since their admission to the workshop, the 16 hopefuls had to convince the top-level experts that their innovative project is feasible.

Only 10 candidates, from 7 Arab countries, were finally selected to the next stage, one step closer to the final prizes totaling 600,000 USD, and ranked as follows:

1. Abdullah Abou Zeid, Egypt – Co-inventor of a robotic rotational joint with 2-degrees of freedom
2. Hind Hobeika, Lebanon – Swimming goggles measuring swimmer’s heart rate with real time alert
3. Mohammed Ablah, Egypt – One handle geared set of wrenches for car tires
4. Iyad Maalouf, Jordan – Biopsy extraction device with virtual alignment
5. Marwan Bin Saleh, Tunisia – All-wheel drive pneumatic bicycle

To read the full, original article click on this link: “Stars of Science”: 10 candidates and projects move forward upon the “Proof of Concept” challenge


Serial entrepreneur and venture capitalist Mark Suster urges entrepreneurs not to be lazy when it comes to doing necessary market research. This includes having a basic understanding of who will pay for your product or service. In the age of affordable research and engineering, smart venture capitalists now expect to see at least workable prototypes from startups seeking funding. Suster suggests numerous critical questions for entrepreneurs to ponder about their market, their product, and their competition.

To read the full, original article click on this link: Stanford's Entrepreneurship Corner: Mark Suster, Serial Entrepreneur - The Need for Research and Prototypes


As I get together with my Internet Time Alliance colleagues here in California, I really appreciate all of the connecting and conversing we’ve done over the past two years, as our shared experiences ease the path to further collaboration. Working collaboratively and effectively is a challenge for all organizations and must be continuously renegotiated as conditions change. Collaboration is not the same as cooperation. Collaboration is working together and achieving a shared objective. Collaboration puts cooperation to the test, with outcomes, objectives and responsibilities; constrained by time, resources and priorities.

Here are some collected thoughts on collaboration from others:

100 Web Tools to Enhance Collaboration (Part 3) | Ozge Karaoglu’s Blog

“If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.” George Bernard Shaw


To read the full, original article click on this link: Harold Jarche » Collaboration is work

Author: Harold Jarche

imgIf you listen to most marketing experts today, you could be easily forgiven for getting lost in the vast number of social media channels and options. The most popular tactic of late has involved harnessing the power of crowds, often called ‘crowdsourcing’.

But consider the merits, or limits, of a crowd – defined by most dictionaries as “a collection of people.”

While the logic behind communicating to a large volume of people is clear, it’s perhaps not the best strategy when your objective is to create change  (I mean real change – like the stuff that wins you big markets).

To read the full, original article click on this link: Ignore crowds. Focus on tribes. | Anthill Magazine

Author: Andrew Collins

Tonya Surman, executive director of the Centre for Social Innovation - Tonya Surman, executive director of the Centre for Social Innovation | Rosa Park for The Globe and MailHow do you want to change the world? That’s the No. 1 question the Centre for Social Innovation (CSI) asks prospective tenants. The answer could lead to a spot in the shared, eco-friendly office space in downtown Toronto that the organization provides to social innovators.

“We don’t care what kind of governance model you come from,” says Tonya Surman, founding executive director of CSI. “Our number one criteria is, ‘How is your company, your project, your initiative working toward making the world a better place?’ We have artists, environmentalists, videographers, people from education, health and social justice – people from across the political spectrum.”

To read the full, original article click on this link: 200 social innovators, one copier: It's all about sharing - The Globe and Mail

Author: DIANE JERMYN

VC funding for cleantech startups tumbled in the third quarter, last week Vestas announced plans to layoff 3,000 employees, and on Wednesday, First Wind shelved IPO plans amid weak demand— the wind energy sector is certainly facing its share of headwinds but there are still signs of life.

On Tuesday, the South Korean government announced that it will invest 9.2 trillion won, or $8.2 billion, through 2019 to build offshore wind farms. According to reports, the goal is to have 500 wind turbines along the country’s west coast in the Yellow Sea with a capacity of 2500 megawatt hours.


To read the full, original article click on this link: South Korea Pledges $8.2 Billion For Offshore Wind Farms

Author: Evelyn Rusli

The Hoax of (Not Really) High-Speed RailThere was some good news for electric travel last week. No, I’m not talking about the impending wave (trickle?) of electric vehicles, but rather high-speed rail. The U.S. Department of Transportation announced on Friday that more than 50 high-speed rail projects across 23 states will receive a total of $2.4 billion.

More than $2 billion sounds great, certainly a step up from the paltry funding Amtrak has seen in much of the last decade. The majority of that money will go to California, Florida, Iowa and Michigan for rail projects. But to think that this funding is sowing the seeds of TGV or Shinkansen-style travel is misguided, at best.

In most regions of the world, HSR is defined as sustained travel at more than 100 mph. The latest models operating in Spain, China and other countries operate at 220 mph and beyond. However, the Detroit-to-Chicago project, which received $161 million, will top out at around 100 mph. Wow, 100 sounds a lot better than 60 mph on a highway. But so does 140 mph, which is what the Northeast Corridor’s Acela is capable of cruising along at if…


To read the full, original article click on this link: The Hoax of (Not Really) High-Speed Rail : Greentech Media

Author:This email address is being protected from spambots. You need JavaScript enabled to view it.

scienceCity mayors are often trying to emulate the success of their rivals, especially when it comes to creating dynamic and innovative cities. Take venture capital, start ups and the phenomenal success of Silicon Valley, for example. Rival cities in places as diverse as Kuala Lumpur and Singapore to Cambridge and Paris have tried, almost always in vain, to emulate California’s world-beating hot-bed of technology innovation.

But start ups aren’t the only useful things to think about. Innovation and science are just two others, both of which have been the subject of city rankings. And in both measures, alternative cities, such as Boston, rank highly, given its happy convergence of world-leading universities, good quality of life, and coastal location. Innovation Cities, a ranking from 2thinknow, puts Boston number one in a list of 100 cities globally, for its “strong innovation economy” (the site doesn’t clarify exactly what it means by this, unless you buy the full report). And the latest list, from Nature, attempts to calculate which cities around the world are best for science (or see here for interactive versions, such as the Google Earth mashup pictured above). At one basic level, it seems that size matters: Tokyo-Yokohama tops the list (the ranking tracks all published research that is done within 40 minutes travel time of any given city centre), followed by London, Beijing (which has shot up the list over the past decade) and then San Francisco’s Bay Area. Boston lies in 7th place. But this is mere quantity. When quality is considered, in terms of citations, a rather different calculation is arrived at. Here, Boston tops the list, with cities such as Austin, Singapore and Sydney creeping up into the rankings.


To read the full, original article click on this link: Nature: Science and the city | Better Cities Now

Although the overall economy has been in recovery for more than 16 months, the small business sector hasn’t been included. Since the recession ended in the summer of 2009, measures of the health of small business have either stagnated or weakened.

Consider first what small business owners think about the effect of the economy on their businesses. In July 2009, 29 percent of respondents to the Discover Card Small Business Watch said their business’s economic situation was improving. In October 2010, the figure was 28 percent.

Similar numbers can be seen from the twice-a-year American Express Open Survey of small business owners. In September 2010, 17 percent of those surveyed said that their business risked going under because of the economic climate, up from 11 percent in March 2009, shortly before the recovery began.

To read the full, original article click on this link: It’s Not a Recovery for Small Business

Author: Scott Shane

CESSY, France — It was late on an August evening when the proton wranglers at the Large Hadron Collider finally got five trillion high-energy particles under control, squeezed and tweaked them into tight bunches and started banging them together.

“Seven minutes too late,” grumbled Darin Acosta, a physicist from the University of Florida, whose shift running a control room here, among sunflower fields and strip malls, had just ended. On the walls around him, computer screens were suddenly blooming with multicolored streaks and curling tracks depicting the primordial subatomic chaos of protons colliding 300 feet under his feet, in the bowels of the Compact Muon Solenoid, one of the four giant particle detectors buried around the collider ring.

A dozen or so physicists crowded around the screens, calling out the names of particles on the fly, trying to guess what others, as yet unknown to physics, were spraying from the mess in the middle, looking to see some sign from the universe. “This is way cool,” one of them said.


To read the full, original article click on this link: At CERN, Trillions of Reasons to Be Excited About Large Hadron Collider - NYTimes.com

Author: DENNIS OVERBYE

When pitching venture firms, entrepreneurs typically include a slide that shows revenue curving sharply up and to the right shortly after launch - what’s known as the “hockey stick” - but even the best companies rarely meet those projections.

One notable exception is Palo Alto Networks Inc., which, as it begins its fourth full year since launching in early 2006, is on pace to have more than $100 million in sales.

The provider of network firewalls is “definitely the fastest growing company we’ve had in our history,” said Venky Ganesan, a managing director with Globespan Capital Partners, which including its predecessor firm has invested in about 120 companies over 12 years. (Palo Alto Networks other investors include Greylock Partners, Jafco Ventures and Sequoia Capital.)


To read the full, original article click on this link: A Start-Up That Actually Met Its ‘Hockey Stick’ Revenue Projection - Venture Capital Dispatch - WSJ

Author: Scott Denne

The standard TV remote control, lost so many times beneath sofa cushions, may soon be lost to history.

Good riddance, says Chris Lavoie, a radio producer living in Los Angeles. Taking advantage of advances in smartphones, Mr. Lavoie uses an app on his iPhone to control his Apple TV set-top box and search for things to watch.

But the phone is not a perfect solution. Its tendency to go into “sleep” mode can be annoying, Mr. Lavoie said, because it takes several steps to reactivate it before he can use, say, the pause button. For basic functions, he still uses the remote that came with the box.



To read the full, original article click on this link: Preparing to Lose the TV Remote for Good - NYTimes.com

Author: JOSHUA BRUSTEIN

Not many companies get a second chance. In that respect, Apple has led a charmed life. The company led the first boom in personal computers but fell behind the PC juggernaut as Microsoft, the PC clone makers, and a broad array of PC industry supporters soared past Apple, leaving it with about 2 percent of the personal computer market.

Steve Jobs was booted from the company and he came back. He shut down Apple’s clone-licensing program and shifted into the mobile device market with the iPod. That device disrupted the music player market and ushered in the era of cheap content with 99 cent songs. The iPhone extended that disruption into the smartphone market. With apps leading the charge, Apple has grabbed a huge share of the smartphone market.

If Apple hangs onto this market share, it could become the world’s biggest tech company. As Eric Schmidt, chief executive of Google, recently said, computing is now shifting to the phone. We will become a mobile first society as desktop computers and laptops are marginalized by emergence of powerful super phones. Apple has already surpassed the market capitalization of Microsoft in May and in September quarter it passed up Microsoft’s revenues for the first time in 15 years.


To read the full, original article click on this link: How Apple could become the world’s biggest tech company (reader poll) | VentureBeat

Author: Dean Takahashi

More puzzled by her symptoms than alarmed — this nausea came without any aura of pain — she saw her internist. She was given a diagnosis of gastroenteritis and sent home to bed rest and Gatorade.

But the nausea persisted, and then additional symptoms appeared out of nowhere. Ghostly fevers came and went. She felt perpetually full, as if she had just finished a large meal. Three weeks later, she returned to the hospital, demanding additional tests. This time, a CT scan revealed a nine-centimeter solid mass pushing into her stomach. Once biopsied, the mass was revealed to be a tumor, with oblong, spindle-shaped cells dividing rapidly. It was characterized as a rare kind of cancer called a gastrointestinal stromal tumor, or GIST.

A surgical cure was impossible: her tumor had metastasized to her liver, lymph nodes and spleen. Her doctors halfheartedly tried some chemotherapy, but nothing worked. “I signed my letters, paid my bills and made my will,” the patient recalled. “I was told to go home to die.”


To read the full, original article click on this link: The Riddle of Cancer Relapse - NYTimes.com

Author: SIDDHARTHA MUKHERJEE

The European Wine Bloggers Conference 2010 has come to a triumphant conclusion. The conference, organised by Ryan and Gabriella Opaz of Catavino.net and Catavino Marketing and Robert McIntosh of The Wine Conversation, brought together in the Austrian capital, Vienna, 200 wine bloggers, social media innovators and wine industry leaders from 30 countries.

“With communication and up to date information the corner stones of the Wines of Chile strategy, our involvement with the EWBC at their most successful conference in Vienna was fundamental. This new community of communicators is dynamic, innovative, and proactive – a perfect fit with Chile, really!” Michael Cox – European Director, Wines of Chile

Attendance at this year's conference was dramatically higher than last year's event in Lisbon, Portugal, reflecting the rapidly growing interest in social media. With this, the annual three day conference has become the leading international conference on wine and the internet - attracting bloggers, the mainstream media, photographers, videographers, distributors, retailers, wine critics and influential wineries to discuss current trends and future innovations in the wine industry.

To read the full, original article click on this link: The European Wine Bloggers Conference 2010 in Vienna: a Huge Success!

In a research paper published online Saturday in the Journal of Geophysical Research Oceans, a publication of the American Geological Union (AGU), scientists reported the southern Baffin Bay off West Greenland has continued warming since wintertime ocean temperatures were last effectively measured there in the early 2000s.

Temperatures in the study were collected by narwhals, medium-sized toothed Arctic whales, during NOAA-sponsored missions in 2006 and 2007. The animals were tagged with sensors that recorded ocean depths and temperatures during feeding dives from the surface pack ice to the seafloor, going as deep as 1,773 meters, or more than a mile.

To read the full, original article click on this link: NOAA: Tagged narwhals track warming near Greenland | Science Blog

Fraunhofer-Gesellschaft is to set up a biotechnology laboratory in Chile, its first research centre in South America, following the signing of an agreement with the Chilean Ministry of Economic Affairs.

Alfred Gossner, chief financial officer of Fraunhofer, Europe’s largest applied research organisation, said, “The new Fraunhofer Centre for Systems Biotechnology in Chile will create links and bring forth innovations for new markets; links between Germany and Chile, between scientific disciplines, between pure research and the demands of private enterprises.”

Gossner signed the bilateral agreement with Juan Andrés Fontaine, the Chilean minister for commercial affairs, in the presence of the Chilean President Sebastián Piñera and Chancellor Angela Merkel, in Berlin.

To read the full, original article click on this link: Science|Business Fraunhofer to open its first South American research centre in Chile

Mark PincusMark Pincus was chased out of some of the best companies in America. Now he's trying to build a better one. Pincus is the founder and CEO of Zynga, an online game company that attracts more than 200 million gameplayers per month for applications such as FarmVille, FrontierVille, and Mafia Wars. In this Q&A, Pincus talks about why a company's strength comes from the inclusiveness of its culture, why everybody should think like an entrepreneur, and why you should quit whining about resources and start prioritizing ruthlessly.

Kermit Pattison: Zynga has grown to more than 1,000 people in three years and that means you have to delegate more to managers. What do you look for when you hire people?

Mark Pincus: In all managers, I'm looking for a combination of three attributes. One, I want to see that they can be an entrepreneur. Especially as your company gets bigger, you value people who can drive toward an outcome and are good at creative problem solving. They're going to be resourceful and not just delegate and organize other people. They need to drive the outcome and train and teach people.


To read the full, original article click on this link: Leveling Up Your Staff: Zynga's Mark Pincus on Entrepreneurial Companies | Fast Company

Author: Kermit Pattison

Deal geographyMany people, including some of our investors, think of our firm as New York centric investor. That has never been true. We are focused on one thing, internet services of scale, and are willing to travel to find them.

But you can only spend so much time on an airplane unless you are Dave McClure or Joi Ito. And I am not in their league when it comes to air travel.


To read the full, original article click on this link: A VC: Some Thoughts On Geography

Author: Fred Wilson

EurActiv LogoOne year after the establishment of Europe's first 'macro-region', which brings together 10 countries nested around the Baltic Sea, a number of positive results can already be seen, according to Johannes Hahn, the European commissioner in charge of regional policy.

At the European Council summit on 29 and 30 October 2009, EU leaders took the decision to create Europe's first macro-region.

At the time, this was seen as a significant step forward as the Union seeks to build cooperation among strategic partners across a broad range of policy areas, including environmental sustainability, economic prosperity and security.


To read the full, original article click on this link: Baltic Sea Strategy delivering 'tangible results' | EurActiv

MIAMI (OCT. 26, 2010) – Miami – The fifth year of the Knight News Challenge, a media innovation contest funded and run by the John S. and James L. Knight Foundation, has opened for applications. The deadline is December 1.

Knight Foundation offers $5 million each year in cash awards for ideas to use digital platforms to deliver news and information to geographically defined communities. For the first time this year, the Knight News Challenge will focus on four categories: Mobile, Authenticity, Sustainability and Community.

Also for the first time, a grant from Google Inc. to Knight Foundation will be partially used to increase the prize money by $1 million. The donation is part of a $2 million grant to support Knight Foundation’s media innovation initiatives.

To read the full, original article click on this link: Knight Foundation Media Innovation Contest Opens For Entries | Knight News Challenge

When I talk to business leaders, I always ask about the most difficult challenges they face day in and day out.  Increasingly, I’m hearing about how hard it is to innovate on a consistent basis.

This anecdotal evidence is now being supported by a recent McKinsey Global Survey that polled more than 2,200 senior executives around the globe on the challenges of managing innovation.

Eighty-four percent of the executives who responded said they consider innovation to be very or extremely important to their companies’ growth strategies.  Yet, despite their emphasis on the importance of innovation, many of those executives feel that their companies are not doing a good job on following through on innovation as a strategic imperative. 

Why is ongoing innovation so difficult to achieve? 

Because it requires several essential ingredients to succeed: idea generation, idea evaluation, and implementation.  Most companies do well in one or two of these areas.  Very few do well in all three.  In particular, implementation -- the process of taking new ideas and turning them into commercially viable products or refined, more efficient processes -- seems to represent a real obstacle for many companies.

According to McKinsey Global, only 39 percent of the survey respondents rated their companies as good at commercializing new products or services.  In addition:

  • Fifty-seven percent agreed with the phrase, “We execute well on the few good ideas we have but need a more robust pipeline of big ideas.” 
  • Fifty percent said that, “We have pockets of successful innovation, but innovation is rarely scaled throughout the organization.”
  • Fifty percent reported that, “We have lots of good ideas but do not get enough of them through to commercialization.”
  • Thirty-seven percent said, “We have few good ideas and do not commercialize them well.”
  • Only thirty-six percent, or a little more than one out of every three executives, indicated that their organizations have managed to produce the right balance between good ideas and effective commercialization.

What gets in the way of achieving this balance?

One of the problems I see is that companies often confuse creativity with innovation.  They do a great job of coming up with new ideas (creativity), but they stop there, thinking they have accomplished the goal.  In reality, all they have done is supply a part of the first ingredient in the recipe for successful innovation.

Creativity is the process of connecting previously unrelated concepts, ideas, or experiences into a new construct or idea.  It occurs inside the brain, and can be an individual process or a group process, such as when people get together to share ideas and/or conduct brainstorming sessions.  Creativity is an essential ingredient in the innovation process, but by itself does not constitute innovation.

Innovation goes beyond mere ideation.  It is the process that transforms new ideas into new value.  Unlike creativity, innovation is almost always a group process, which means that it usually requires expertise in multiple disciplines, and thus almost always requires a number of diverse contributors.

Teaching employees to think creatively does not guarantee innovation.  New ideas are a dime a dozen.  The hard part, as so many business leaders are discovering, is turning those ideas into new products and services that customers value and are willing to pay for.  In addition to creativity, that process also requires knowledge about what your customers want and need, coupled with implementation.

The trick is recognizing that creativity and innovation require different skills sets.  The best practices that promote creativity have to do with teaching people how to notice, use, combine, and integrate diverse stimuli. The best practices that promote innovation involve teaching people how to take new ideas and convert them into value to customers (both internal and external). 

In other words, creativity asks people to think differently.  Implementation asks them to act differently. Smart companies teach their people how to do both.

You can’t innovate without creativity.  And knowledge without new ideas doesn’t produce new value.  True innovation comes only when you combine new ideas and knowledge, and then implement to create new value.

With a genome of more than 700 kilobases, a newly discovered virus marks the first giant virus known to infect a marine organism, and the second largest virus ever recorded.

Image: Wikimedia commons
The discovery, published this week in Proceedings of the National Academy of Sciences (PNAS), adds to the growing list of giant DNA viruses and suggests that these viruses, which appear to obtain much of their large genomes from their hosts and other microorganisms, may be more commonplace than scientists once believed.

"It's really interesting, and a completely different way of seeing viruses," said microbiologist Didier Raoult of the University of the Mediterranean in Marseille, France, who was not involved in the research. "It's a completely new field that is emerging." 

To read the full, original article click on this link: Giant marine virus found - The Scientist - Magazine of the Life Sciences

Author: Jef Akst

We're five posts into this MBA Mondays series on Employee Equity and now we are going to start getting into details. We've laid out the basics but we are not nearly done. I am just starting to realize how complicated the issues around employee equity are. That's not good. It's like paying taxes. Everybody does it and nobody but the tax accountants understand it. Ugh.

Anyway, enough of that. Let's get into the issue of liquidation overhang.

When VC investors (and sometimes angels) invest in a startup company, they almost always buy preferred stock. In most startups, there are two classes of stock, common and preferred. The founders, employees, advisors, and sometimes the angels will typically own common stock. The investors will typically own preferred stock. The easiest way to think about this is the "sweat equity" will mostly be common and the "cash equity" will mostly be preferred.


To read the full, original article click on this link: A VC: Employee Equity: The Liquidation Overhang

Author: Fred Wilson

I can remember the first time I saw one, at the St. Louis Zoo, and the feeling that certain death was just on the other side of the glass. I could not get over the snake’s size — this one was about 12 feet long. I was used to looking at giant snakes in zoos (I always made a beeline for the reptile house), but pythons did not seem so scary to me because they rarely moved. This sleek, agile and very alert snake was a king cobra, the largest venomous snake in the world and an icon to all snake enthusiasts, including this writer.

The king cobra’s venom is not, ounce for ounce (or milligram for milligram, as the professionals would measure it), the most potent. Among land snakes, that honor appears to belong to the inland taipan of Australia. But what the king cobra lacks in potency, it makes up for in volume. Its half-inch fangs deliver a huge dose, up to seven milliliters of venom, or about one-quarter of a whiskey shot glass. The lethality of venom depends on a combination of its potency, the volume delivered and the size of the victim. A king cobra bite can kill a human in 15 minutes and a full-grown elephant in a few hours.

To read the full, original article click on this link: How King Cobra Maintains Its Reign - NYTimes.com

Author: SEAN B. CARROLL

ANN ARBOR, Mich. — Renowned author and management guru Gary Hamel, PhD '90, delivered a crash course on "Inventing the Future of Management" during the Ross School's annual Reunion Lecture in October. He urged Ross alumni, students, and faculty to embrace new ways of thinking about innovation and strategy to keep pace with accelerating change and solve society's problems.

Hamel, recently ranked the world's most influential business leader by The Wall Street Journal, shared observations popularized in his landmark bestsellers Leading the Revolution, Competing for the Future, and The Future of Management. He explained why management is such a critical invention in modern society — perhaps even more important than computers, automobiles, or the Internet.

To read the full, original article click on this link: Michigan in the News—Stephen M. Ross School of Business

Author: Leah Sipher-Mann

Britain has failed to make the world's top 10 successful countries, according to a survey Britain has failed to make the world's top 10 successful countries because of poor education and health services, according to an international survey of wealth and happiness.

The Prosperity Index by the Legatum Institute, a think tank based in London, crowns Norway in first place, with Britain lagging behind in 13th.

The group said the survey of economy and well-being among 110 counties revealed mediocre scores in health and education were holding the UK back. Key areas of the UK economy are sound, with low inflation and high levels of capital per worker, according to the think tank.

To read the full, original article click on this link: UK 'not among top 10 countries' - UK, Local & National - Belfasttelegraph.co.uk

Ray Ozzie, who famously took over the reins as Chief Software Architect at Microsoft when Bill Gates formally retired from the company (his last full-time day was June 27, 2008), stepped down from that position last week and will leave the company behind within months.

Ozzie, of course, you should know as the historical driving force behind Lotus Notes, a popular e-mail and collaborative workspace software package. He also co-founded Groove Networks, which was acquired by Microsoft in 2005.

Five years ago this week, Ozzie penned a memorable memo, 5,000 words long, entitled “The Internet Services Disruption”, outlining the challenge for Microsoft to catch up to its rivals in the Internet and cloud computing space.


To read the full, original article click on this link: Five Years Later, Ray Ozzie Pens Another Great Memo: “Dawn Of A New Day”

Author: Robin Wauters

Angel investors and venture capital firms are teaming up to find the best deals, new data released today shows, with investors paying particular attention to startup companies active in the IT and business technology space

The statistics released by Dow Jones VentureSource showed that during the first three-quarters of 2010, angel and VC co-sponsored deals put $282 million into 68 separate deals.

That’s a significant uptick year-over-year, when the same period in 2009 saw only 59 co-investment deals garnering a total of $236 million.


To read the full, original article click on this link: Angels and VCs partner up to pump $282M into startups | VentureBeat

Author: Riley McDermid

Chile's anti-seismic deviceSANTIAGO] Chilean scientists have developed a device that can help protect tall buildings from the effects of an earthquake.

The device is made of flexible metal plates bent into a U shape, which connect different parts of a building's structural support system. When the building moves laterally, the plates deform and then return to their original shape, dissipating the seismic energy that would otherwise damage the building.

The plates proved their worth during February's earthquake in Santiago, when Chile's tallest skyscraper, the Titanium La Portada Tower — a 52-storey, 190-metre-high building that was fitted with 45 of the devices — survived intact.

To read the full, original article click on this link: Chile invention protects tall buildings from earthquakes - SciDev.Net

Author: María Elena Hurtado

Building clean-technology companies with real revenue on relatively little investment is increasingly possible, and it’s happening in the small-but-exploding market for electronics that boost the power output of solar systems.

Several venture-backed companies are rushing in with new products as they play catch-up to the sector’s leader, Enphase Energy Inc. Whether the competitors will be able to gain ground on Enphase - and what will happen once bigger corporates swoop down on the space - remains to be seen.

“The market is on fire,” said Jason Matlof, partner with Battery Ventures, which backed SolarBridge Technologies Inc., an Enphase competitor, in 2007.

To read the full, original article click on this link: Microinverters: A Solar Market That’s “On Fire” - Venture Capital Dispatch - WSJ

Author: Yuliya Chernova

Out of Print Clothing “celebrates the world’s great stories through fashion,” working with artists to design t-shirts that feature iconic book covers. The catalog lets you choose from Orwell’s Animal Farm, Salinger’s Catcher in the Rye, William S. Burroughs’ Naked Lunch, Bulgakov’s Russian classic Master and Margarita or 29 other vintage shirts, each of which costs a fairly reasonable $28. See the full list of shirts here.


To read the full, original article click on this link: Vintage Literary T-Shirts | Open Culture

It seems about time for private equity investors to take a closer look at venture-backed companies.

Let us count the reasons: Many venture funds raised during the dot-com bubble are nearing the end of their natural life and raising new funds is difficult for all but the top firms. Limited partners seem to be losing patience with some general partners.

Venture firms are still holding hundreds of companies that they financed during those heady bubble years. True, the pool has been shrinking, but VentureSource data show that as of July, 20% of companies that raised their first equity round in 1999 or 2000 were still private and independent. The total was 981 companies. Some of these companies have revenue of $100 million or more. (VentureSource is a data provider owned by Dow Jones & Co., the publisher of The Wall Street Journal.)


To read the full, original article click on this link: VC Sellers, PE Buyers Strain To Meet In The Middle - Venture Capital Dispatch - WSJ

Author: Russell Garland

Bangalore, Karnataka, India and United States, Thursday, October 21, 2010 -- (Business Wire India)

yet2.com and ideaken.com today announced a partnership to jointly scout innovative solutions from individuals and technology SMEs for their enterprise clients.

Open innovation and Co-creation is the fastest emerging way to procure & supply innovation in a world of diminishing boundaries. This partnership will help both yet2.com and ideaken.com to expand their innovator solver base and get faster and better solutions for their enterprise clients. This partnership will also provide a greater opportunity for individual innovators and technology SMEs to access bigger market of innovation seekers from around the world.

Head quartered in US, yet2.com is world's largest intellectual property exchange. ideaken.com is a leading open innovation intermediary and co-creation platform provider in Asia.

To read the full, original article click on this link: ideaken, yet2.com, Innovation World Map, Dr. Eugene Buff, Jayesh Badani, Business Wire India, Press Releases

StockwellDay.jpgA new program, designed to help local businesses grow, is starting up in the region.

On Oct. 13, Community Futures announced the start of Economic Gardening, a support project that uses technology and business expertise to assist small businesses.

Charles Cornell, business analyst with the program, said the project is designed for smaller businesses but not self-employed individuals.

Businesses should have been operating for at least a year and should have the potential to grow.

Cornell said 70 per cent of job growth in the past 15 years has come from small and medium companies.

To read the full, original article click on this link: Summerland Review - Economic Gardening helps small businesses

Author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Most people and organization want to stay ahead rather than fall behind change. Staying ahead means you are prepared for the next shift. Falling behind means you are following the crowd being led by those staying ahead.

Staying ahead means you don’t think like the “crowd” rather you think about the “crowd”. The “crowd” represents those being lead down the wrong path only to be captured and used for the “sellers benefit”. Those leading the crowd down the wrong path are in fact behind a philosophy of the past.

Many who stay stuck in the old business philosophy think they understand the power of social technology and try to apply it to old corporate practices in marketing, PR, advertising, customer and employee relations etc. only to learn that their strategies fail because they are behind in thinking about the intent of the human network.

To read the full, original article click on this link: Changing Beliefs: Staying Ahead or Behind |

Author: Jay Deragon

Everyone everywhere is selling “social media” products and services. I often wonder which part of social media they are selling.

Using social media effectively demands mind-sets and capabilities that are unfamiliar and sometimes even counter intuitive to many business managers. Business managers should allow themselves and the entire organization time to unlearn and rethink everything before they “jump into” social media. Most are following those who haven’t unlearned and rethought how, where, when, who, why and what they communicate which ultimately produces results, good bad and indifferent.


To read the full, original article click on this link: Which Social Part Do You Sell? |

Author: Jay Deragon

Last night I co-hosted a dinner at Soho House in Los Angeles with some of the most senior people in the media industry with executives from Disney, Fox, Warner, media agencies and many promising tech & media startup CEO’s. The topic was “the future of television & the digital living room.”

With all of the knowledge in the room the person who stole the night wasn’t even on a panel. I had called on Chamillionaire from the audience and asked him to provide some views on how artists view social media, why they use it and where it’s heading. He was riveting.

To read the full, original article click on this link: What Tech Entrepreneurs Could Learn from Chamillionaire | Both Sides of the Table

Author: Mark Suster

CAMBRIDGE, Mass., Oct. 21 /PRNewswire/ -- The National Nanotechnology Initiative (NNI) will celebrate its tenth anniversary with the National Nanotechnology Innovation Summit, December 8-10 at the Gaylord National Convention Center, National Harbor Maryland. The Summit will feature directors and program managers from the NNI's top federal agencies, along with some of the nation's most influential innovators and corporate integrators, discussing nanotechnology priorities, opportunities and collaborative resources.

"This is a historic event, bringing together the nation's science and technology federal agencies, policy-makers and innovators all under one agenda," says Matthew Laudon, executive director of the Nano Science and Technology Institute (NSTI). "It is a unique gathering of leadership to showcase the last 10 years of nanotech innovation and set the direction for another decade of priorities and opportunities."

A focal part of the Summit is the NNI Nanotechnology Innovation Showcase where 16 US federal agencies will participate at networking booths to showcase their programs. Among others, included in that list are DOE, DOT, NASA, NIH/NCI, NIH/NIBIB, NIST, NSF, USDA, NIFA, FS, USPTO, OSTP, NNCO, NIOSH.

Additionally, the Showcase will feature nanotechnology research centers, commercial success stories, and technologies and applications that will impact or currently impact the market place.  Groups including IBM Research; Lockheed Martin; Brewer Science; Agilent Technologies; Veeco; Stanford University; Virginia Tech; University of Massachusetts will be amongst the more than 80 non-agency showcasing organizations also accessible at the event.

Showcase application deadline is Friday, October 22.  Evaluation criteria and application guidelines may be found at www.nsti.org/events/NNI/showcase/.  Visit the event website for information about participation (www.nsti.org/events/NNI/) or contact event organizers at This email address is being protected from spambots. You need JavaScript enabled to view it..

About the National Nanotechnology Initiative:

The National Nanotechnology Initiative (NNI) is the program established in fiscal year 2001 to coordinate Federal nanotechnology research and development. The NNI provides a vision of the long-term opportunities and benefits of nanotechnology. By serving as a central locus for communication, cooperation, and collaboration for all Federal agencies that wish to participate, the NNI brings together the expertise needed to guide and support the advancement of this broad and complex field. The NNI creates a framework for a comprehensive nanotechnology R&D program by establishing shared goals, priorities, and strategies, and it provides avenues for each individual agency to leverage the resources of all participating agencies.

www.nano.gov

About the Nano Science and Technology Institute:

The Nano Science and Technology Institute (NSTI) advances and integrates nano and other advanced technologies through education, conventions, publishing, and research services. NSTI produces the annual Nanotech conference and expo, which attracts more than 5,000 industrial, academic, business and governmental attendees from around the world.  It is the largest gathering of the nanotechnology industry in the U.S.  NSTI was founded in 1997 and is headquartered in Cambridge, Massachusetts with offices in Texas and California.

www.nsti.org

MEDIA CONTACT:


Laura Benold


(512) 516-9804


This email address is being protected from spambots. You need JavaScript enabled to view it.





SOURCE Nano Science and Technology Institute (NSTI)

To read the full, original article click on this link: 16 Top US Federal Agencies and Nation's Nanotechnology Leaders Converge at National Nanotechnology... -- CAMBRIDGE, Mass., Oct. 21 /PRNewswire/ --

What makes a great demo?

For me, it's a product that actually works (or at least looks like it does), and that does something you've never seen before. And a back-story about why you developed the product always helps, too.

I finally got a chance to see the demo from JoyTunes last week. They're an Israeli start-up that has been participating in the first annual MassChallenge start-up competition this summer and fall. (An hour or so after co-founder Yuval Kaminka gave me the demo, MassChallenge announced that JoyTunes had made it into the final round of judging, which takes place Thursday.)

Kaminka told me that after watching how intently his 7-year old nephew played with his Nintendo Wii, and contrasting that with how unmotivated he was to practice his recorder no matter how much his mother harangued him, he began thinking about how to blend the two activities. Collaborating with his brother Yigal — a professional oboist — they developed JoyTunes. (The third JoyTunes founder is Roey Izkovsky, a buddy of Yuval's from the Israeli army.)


To read the full, original article click on this link: MassChallenge finalist JoyTunes endeavors to make learning a musical instrument as much fun as a videogame - Innovation Economy - Boston.com

Author: Scott Kirsner

Close-up of a painting of paleolithic menOnce thought of as near total carnivores, early humans ate ground flour 20,000 years before the dawn of agriculture. Flour residues recovered from 30,000-year-old grinding stones found in Italy, Russia and the Czech Republic point to widespread processing and consumption of plant grain, according to a paper published online this week in Proceedings of the National Academy of Sciences1.

"It's another nail in the coffin of the idea that hunter–gatherers didn't use plants for food," says Ofer Bar-Yosef, an archaeologist at Harvard University in Cambridge, Massachusetts, who was not involved in the study. Work in recent years has also uncovered a handful of Stone Age sites in the Near East with evidence for plant-eating.

To read the full, original article click on this link: Stone Age flour found across Europe : Nature News

The fashion industry, once loathe to embrace the web, is now clearly fixated upon it. Imran Amed, editor of The Business of Fashion, voiced surprise at how quickly the industry has changed its tone, writing, “in April 2007…CEOs, Creative Directors and Managing Directors insisted to me that they would never use such tools as Facebook to engage their fans and customers. How things have changed in three short years!”

While some brands are excelling in their web efforts, with easy-to-navigate web sites, effective digital marketing, and robust social media pages, others are lagging behind — and potentially losing sales because of it.


To read the full, original article click on this link: thehighlow.com » Blog Archive » The Top Eleven Fashion Innovators Online

Author: Ann Parker


For decades, researchers have been doggedly pursuing a universal flu vaccine--one that would protect against the evolving influenza virus for years rather than just a single season--with little success. The bug mutates so quickly that a new vaccine must be specially formulated each year. But a relatively new strategy, targeting a rarely seen portion of the virus, is now showing some success.

A novel vaccine developed by microbiologist Peter Palese and collaborators at Mount Sinai School of Medicine in New York showed protective effects in rodents against three different flu strains, with protection ranging from mild (against hemagglutinin 1, such as that of the H1N1 or "swine" flu) to middling (against the avian flu H5 subtype) to absolute (against the common H3 flu subtype). While the results are far from perfect, the proof-of-principle demonstrates the potential for a universal flu vaccine.

"This has been the dream of people in the influenza field forever and ever--finding a broadly cross-reactive vaccine, instead of having to make yearly changes that account for variance within a subtype, let alone between subtypes," says Robert Webster, an influenza expert at St. Jude Children's Research Hospital in Memphis, who was not involved in the research. "If this is as good as the mouse says, it'll be fantastic."


To read the full, original article click on this link: Technology Review: A Long-Lasting Universal Flu Vaccine

Author: Lauren Gravitz

Kyung Hee Kim. (Photo courtesy of Stephen Salpukas at The College of William and Mary)Britannica: Could you briefly explain the Torrance test and how it is used to measure creativity?

Kim: Dr. E. Paul Torrance developed the Torrance Tests of Creative Thinking (TTCT) in 1966 and the test has been updated five times, in 1974, 1984, 1990, 1998, and 2008. The TTCT appears in almost 40 different languages. Educators and corporate entities use and reference the TTCT more than any other creativity test in the world. The TTCT predicts creative achievement better than any other creativity test or divergent thinking test, and based on my extensive analyses, I have concluded that the TTCT is more than just a divergent-thinking test: it is the best creativity test currently available. The TTCT gives a profile of test results on several subscales (different than tests like the IQ test, which gives a single measure of intelligence).

Creative is not synonymous with artistic, and the TTCT measures creativity on many other levels than artistic ability. Western people tend to think of creativity as artistic ability, whereas Eastern people tend to think of creativity as scientific ability. Eastern people think of artistic ability as a separate construct from creativity. Since the TTCT is not just a measure of artistic ability, it leads to the question of what does the TTCT measure? The TTCT measures the creative mind more broadly; it measures creative potential in many diverse areas such as art, literature, science, mathematics, architecture, engineering, business, leadership, and interpersonal relationships.


To read the full, original article click on this link: The Decline of Creativity in the United States: 5 Questions for Educational Psychologist Kyung Hee Kim | Britannica Blog

I am at the fourth annual TWS Conference where ten Israeli companies will present their products on stage today. Yet again, Yaron Orenstein, the conference organizer, has lined-up an impressive list of judges to weed through the applications and presentations.

These include: Ron Conway & David Lee from SV Angel, Emily Chang, Co-Founder, Ideacodes, Christine Herron, Principal, First Round Capital, Saul Klein, Index Ventures, and Yair Goldfinger, Co-Founder of ICQ & Dotomi.


To read the full, original article click on this link: TWS2010 Showcases 10 Promising Israeli Startups

Author: Roi Carthy

Illustration of this articleThe role of innovation is pivotal in tackling the economic, social and environmental challenges facing Europe, according to the recent Second European Innovation Summit held at the European Parliament in Brussels, Belgium. But getting ideas to market is a road often hampered by administrative bottlenecks and red tape. The causality is European competiveness and research in the global economy.

The summit, opened by Vice-president of the European Parliament Silvanan Koch-Mehrin under the Belgian Presidency of the Council of the European Union, discussed the role of innovation in energy efficiency, urban and regional mobility, sustained food security and agriculture, healthy ageing, and sustainable production. The gap, however, between the research conducted in these fields and the implementation of their results in the single market is widening.

'It's not so much about investing more in knowledge and in innovation but how to get a return back from these investments,' says Roland Strauss, Managing Director Knowledge4Innovation (K4I). K4I is a non-profit, independent multi-stakeholder platform with members from the European public, private and academic sectors.

To read the full, original article click on this link: European Commission : CORDIS : Newsroom : Role of innovation in addressing future challenges highlighted

General Electric Invests $400 Million on Fridge of the FutureAppliances require deep thinking, too.

General Electric today announced that it will invest over $400 million into four centers of excellence dedicated toward designing and manufacturing refrigeration products. A year ago, GE plunked $600 million into facilities for developing energy efficient washers and water heaters. Both efforts will lead to 1,300 jobs in the U.S., according to the company.

Will we see green appliance wars? Probably. The more stringent Energy Star standards coming in 2014 will force manufacturers to, among other things, swap out foam insulating processes. NIST is also working out standards for connecting appliances to home energy management and demand response systems. One early goal will be to program the defrost cycle in refrigerators to occur during off-peak hours.

To read the full, original article click on this link: General Electric Invests $400 Million on Fridge of the Future : Greentech Media

Author:This email address is being protected from spambots. You need JavaScript enabled to view it.

Both houses of Congress are home campaigning for the upcoming elections. The House formally adjourned last week by a vote of 210-209. Members will return following the November elections, with a very likely possibility of a shift in the balance of power in the House back to a Republican majority. While the Senate is still technically in session, thanks to a deal between Senate Democrats and Republicans aimed at blocking recess appointments by President Obama, no substantial business will be conducted. [More]

Those who complain that Australia’s internet startup sector lacks the venture capital it needs to get off the ground might need to eat their words: A new seed fund dubbed ‘Startmate’ just opened its doors and is looking to dole out funding packages and mentoring.

Dubbed Startmate, the fund has been created by Homethinking founder Niki Scevak — who has also been involved in a number of other startups such as the BookmarkBox. The fund surfaced today at the Tech23 event held in Sydney, which highlights 23 up and coming companies and connects them with investors, mentors and the press.

The list of those involved in the fund — contributing money and advice — reads like a who’s who of Australia’s startup sector. Former Realestate.com.au chief Simon Baker is also involved, as well as the two founders of local firm Atlassian, which recently took $60 million in funding from US VC firm Accel Partners – Mike Cannon-Brookes and Scott Farquhar.


To read the full, original article click on this link: Delimiter – Got a startup idea? Startmate’s got the money

Author: Renai LeMay

After standing over them with a stopwatch for decades, Starbucks made headlines around the world last week for telling baristas to slow down. Now they aren't to make more than two drinks at a time, and they're to steam pitchers of milk and grind batches of coffee as needed instead of all at once. This is all meant to improve the quality of drinks, which customers are rating as both "average" and inconsistent, as well as to ratchet up the "romance" and "theater" of the coffee experience.

While Starbucks baristas (aka "partners") are debating whether the new coffeemaking rules will actually improve things, gum up the works, or be adopted at all, I'm curious whether the new rules will give them an opportunity to push another cultural change. I have an upcoming feature story on Starbucks' struggle to meet its goal of placing storefront recycling in all stores they own, plus serving 25% of beverages in reusable cups, by 2015.


To read the full, original article click on this link: Starbucks Wants Baristas to Slow Down, Can Caffeine-Craving Customers Wait? | Fast Company

Author: Anya Kamenetz

Lance Armstrong, Livestrong
The world's most famous cancer survivor has been his foundation's biggest asset, even as it grew into an innovative force in health care. Now his legal troubles may make him a risk.

On a Sunday night in late July, a trio of bouncers stand outside a chic club near the Champs-Élysées, in Paris, checking guests for a special bracelet with a black plastic charm of a No. 28 cycling jersey. Inside, a red and white logo-festooned racing bike is on display like a sculpture. The absence of a rider is appropriate: This is the post-race celebration for Lance Armstrong's last Tour de France.

He's just finished a humbling 23rd in a race he's won seven times. But the mood at the Team RadioShack party is upbeat. Longtime Hollywood producer Frank Marshall is there. So is surfing superstar Rob Machado. CNN's Sanjay Gupta. Twitter investor and entrepreneur Chris Sacca. Executives from Google and Sony. A U.S. ambassador. The Champagne flows.


To read the full, original article click on this link: Can Livestrong Survive Lance Armstrong and a Doping Scandal? | Fast Company

Author: Chuck Salter

As recently as a couple of years ago, I would never have considered searching for an online coupon for a B2B service. That’s because I wouldn’t have expected to find one. Today, however, it’s just standard practice for me to search online for coupons before I make any major purchase. This simple step has saved me literally thousands of dollars in the past few years.

Yet, even though I now think more frequently about searching for online coupons, I know I have overlooked savings opportunities simply by not being mindful enough of where and how to look for discounts. And discounts take the form of more than online coupons. Here are five steps to take today to find discounts for your business – both offline and online:

1. Check all recurring invoices and billing statements for discounts – You’ve heard of trade terms, right? Trade terms allow you a discount for early payment of an invoice. Check each and every vendor contract to see if discount terms are indicated in the invoice or other documentation. Don’t forget insurance premiums and other types of recurring payments. If discounts are available, do what it takes today to take advantage of those discounts. Schedule automatic electronic payments so that you don’t miss early-payment deadlines. If you pay by paper checks, schedule reminders to make sure the checks go out in plenty of time. Instruct your staff or your outside bookkeeper to put through payments promptly to take advantage of discounts. Likewise, be aware of late payment charges and when those kick in – you want to avoid those, too.


To read the full, original article click on this link: How to Get Discounts for Your Small Business Today

Author: Anita Campbell

Human blood is famously fraught with fats; now researchers have a specific idea of just how numerous and diverse these lipids actually are. A national research team, led by scientists at the University of California, San Diego School of Medicine, has created the first “lipidome” of human plasma, identifying and quantifying almost 600 distinct fat species circulating in human blood.

“Everybody knows about blood lipids like cholesterol and triglycerides,” said Edward A. Dennis, PhD, distinguished professor of pharmacology, chemistry and biochemistry at UC San Diego and principal investigator of LIPID MAPS, a national consortium studying the structure and function of lipids. “For the first time, we’ve identified and measured hundreds more and ultimately we might discover thousands. These numbers and their remarkable diversity illustrate that lipids have key, specific functions, most of which we do not yet recognize or understand. This lipidome is a first step towards being able to investigate correlations between specific fat molecules and disease and developing new treatments.”

To read the full, original article click on this link: Researcher find fats galore in human plasma | Science Blog

Bo PeabodyIf you're ever pitching a venture capital firm and you want to clear the room, just say you want to start a content company.

Most venture capitalists run away screaming when they hear the word "content."

Why?

Well, these reasons, for starters:
  • Content is created by human beings, who cost a lot
  • Content goes stale fast
  • Content is not as leverageable as technology

To read the full, original article click on this link: Village Ventures: How To Cash In On The Online Content Business

Author: Henry Blodget

Often, when I ride a train, I look at my co-passengers and wonder where have they come from and where are they headed. The train is my metaphor of travelling – not distances but careers and lives, and how the decisions that we make may turn into the best or worst journeys ever!
The Subway

Recently I had the privilege to interview someone who had changed his jobs 13 times in 4 years. When I told him that in 48 months, changing 13 jobs meant that he had not even spent an average of 4 months in a job, he chuckled and said, ‘Yes Sir, I am in big demand’. Honestly, I felt like charging him for the coffee that my office had served him. How I wish I had read his resume before getting into the room. (He was one of those frivolous introductions one has to meet as an obligation).

To read the full, original article click on this link: The Entrepreneurship Ride – Which Train are you Riding?

Author: Alok Kejriwal

the summitSix startups are graduating from IO Ventures, a San Francisco-based incubator. Five out of the six companies had already launched, but now they’ve also wrapped-up the four-month training period and presented tonight to an audience of investors and journalists.

Befitting its location in the Mission District, where (according to the stereotype) most companies spring up in coffee shops, IO Ventures is itself located in a coffee shop. There are really three sections to the office — a second-floor loft where the incubated companies work, a first-floor area where entrepreneurs can rent desk space, and the just-opened coffee shop, called The Summit.


To read the full, original article click on this link: IO Ventures launches startups from a San Francisco coffee shop | VentureBeat

Author: Anthony Ha

Despite modest economic gains, gloomy unemployment numbers and low workplace morale still loom large within corporate America. Whether or not companies can capitalize on the momentum of this fragile financial revitalization is dependent on more than enhancing consumer confidence or introducing new products to the marketplace — it falls largely on employees working for organizations and their level of commitment to corporate success. Researchers from the Kellogg School of Management at Northwestern University and the Haas School of Business at the University of California, Berkeley have discovered that building a more committed workforce can be as simple as asking employees to reflect on their company’s history.

“Institutions that can communicate a compelling historical narrative often inspire a special kind of commitment among employees. It is this dedication that directly affects a company’s success and is critical to creating a strong corporate legacy,” said author Adam Galinsky, Morris and Alice Kaplan professor of ethics and decision in management.

To read the full, original article click on this link: Looking back key to moving forward | Science Blog

Benjamin Franklin, Alexandar Graham Bell, Tim Berners-LeeHere at Science Progress we write often about science and technology, invention and innovation. These two valuable traditional distinctions—between science and technology and invention and innovation—are rapidly evolving. Some of the same forces are at work in both cases. As we consider the public policy choices ahead in rebuilding our nation’s industrial economy, it’s important to appreciate how the foundations of technological innovation are changing.

First of all, science and technology are in the process of converging. Technology has been around since at least the beginning of agriculture, arguably in tools and weapons used by hunter-gatherers, but science in its modern form is a latecomer. One difference between science-based and non-science-based technology is that scientific theories often have surprising implications that even their pioneers don’t anticipate.

A classic example: Albert Einstein had to be persuaded by fellow physicist Leo Szilard that the atomic bomb was a practical possibility, partly in light of the Einstein’s own special theory of relativity, so that Einstein would lend his prestige to a letter alerting President Franklin D. Roosevelt of this potential.

To read the full, original article click on this link: Shape Shifting

Author: Jonathan D. Moreno and Sean Pool

Hubs and NodesIn the midst of a difficult economic recovery, it is only natural that we are here today to discuss the best means to restore sustained economic growth and broadly shared prosperity.

And we are concentrating on an important strategy. We all know now that regional economies are fundamental—a key ingredient in national economic success.

We know that industries in a cluster register higher employment as well as higher growth of wages, more businesses, and more patents.[1]

Indeed, it is important to remember that clusters help create new sectors, rather than just strengthening old ones.[2] Recently, for example, I talked with a senior executive from a solar-panel company located in Denver. Why Denver? Because his CEO and important technological insights had been transferred from the aeronautics sector located in the same place.

To read the full, original article click on this link: Innovation Policy in Tough Times on Tight Budgets

Author: Sean Pool

[Note: The more and more content I put into this post, I feel that this is really aimed towards the younger generation of first-time entrepreneurs. Although, I do definitely feel anyone can takeaway something from this though (even the non-entrepreneurs).]

I’m new to entrepreneurship in all sense of the word. I’ve only been doing “entrepreneurship” for a couple years, and many of those entrepreneurial-ventures were not and will never be/won’t ever have been large scalable companies.
I have never exited a company and the only time I tried, I only got a ridiculous offer that would make your grandma even laugh.

To read the full, original article click on this link: Why I Fail at Being a Great Entrepreneur | Tim Chae

Author: Tim Chae

A huge company has announced that it is acquiring one of your competitors. The news hit the wires five minutes ago.

What would you do right now? Not tomorrow. Now.

How about writing a blog post and hitting the TweetDeck to get the word out?

That's what Joe Payne, CEO of the marketing automation company Eloqua, did on a Tuesday afternoon in May when Oracle announced the acquisition of Market2Lead, another company that makes software used to generate sales leads.

The Oracle announcement was just one paragraph long. So Payne saw a tremendous opportunity to define what the announcement meant to the marketplace. Just a few hours later, under the heading "Oracle joins the party", he posted: "I expect Oracle's entry to make a major difference in the attention paid to this sector. It's going to open marketers' eyes, and, as a result, expand the market. This is exactly the type of movement this industry needs. You see, the potential market for lead management systems is less than 10 percent penetrated."


To read the full, original article click on this link: Technology Review: Harnessing the Here and Now

Author: David Meerman Scott

EurActiv LogoA final deal on the EU patent was still being held hostage by divergent national interests yesterday (11 October) at a Competitiveness Council held in Luxembourg.

EU ministers remain split between a group of countries led by France and Germany which support a trilingual system for the EU patent as proposed by the European Commission, and another group of states that oppose this solution and alternatively back a monolingual or multilingual regime.

The language used to file, contend and spread information about a patent is a crucial detail for countries' competitiveness. Researchers and small and medium-sized enterprises (SMEs) capable of using their mother tongue for patents will have an advantage over competitors that speak different languages.

To read the full, original article click on this link: Ministers still deadlocked on EU patent | EurActiv

Writing Dissertation Illustration CareersA cover letter is one of the most important—and most often botched—elements of a community-college job application. Assuming your materials arrive on time and you're actually qualified for the job, an effective cover letter can do more than any other part of the application to help you secure a coveted interview.

Now is a good time to discuss the features of an effective cover letter, since many applications for positions at two-year colleges are due around the end of November. But first let me offer some general advice for people who are either new to the job market or have never given their letters much thought.

To read the full, original article click on this link: That Crucial First Impression - Manage Your Career - The Chronicle of Higher Education

Author: Rob Jenkins

The appropriate structuring of companies is becoming more and more relevant as a mechanism for managing and enhancing their innovation capability. This article explores the concept of the Viable Systems Model (VSM) of Stafford Beer as a tool to better structure organisations for effective innovation and efficient operation.

To read the full, original article click on this link: Structuring companies for innovation and operations | InnovationManagement

Author: Heinz Essmann

A few weeks ago I wrote about a Statistics Canada report concerning commercialization of research in universities. The report was vague and began with the implication that a university’s capacity for creativity and innovation can be judged by its intellectual property holdings. Meaning, the number of patents and copyrights to its name. Earlier this week, Doug Lederman for Inside Higher Education described a report by the National Research Council (United States) concerning the merits of technology transfers between academia and industry. The prepublication version of the report is freely available here.

The report is titled Managing University Intellectual Property in the Public Interest and uses the passage of the Bayh-Dole Act* in 1980 as its starting point. This Act paved the way for American universities to take ownership of the intellectual property which arose from publicly funded research, for the express purpose of facilitating commercial development and licensing of the work. The practice prior to Bayh-Dole placed ownership in the hands of the funding agencies and commercial development of university research was infrequent.

To read the full, original article click on this link: Universities and Commercialization (or Peanut Butter II) « Fair Duty

The New “Union for the Innovation” presented by the European Comission is very clear – Europe must regain its Internal Competitive Advantage but at the same time must be able to reinforce its Global Strategic Position. Like Jacques Delors once stressed about one Primal Vision for Europe in the World, it´s essential to learn the lessons that more than ever emerge from a Europe that is trying to rebuild its competitive advantage and to reinvent its effective place in a complex and global world. Innovation, once again, is the right key for the future of Europe.

In the New Global Economy and Innovation Society, Europe has a central role to play towards a new attitude connected with the creation of value and focus on creativity. In a time of change, Europe can´t wait. Europe must confirm itself as an “enabler actor” in a very demanding world, introducing in the society and in the economy a capital of trust and innovation that is essential to ensure a central leadership in the future relations with America and the more and more dynamic developing world. The actors from Europe should be more and more global, capable of driving to the social matrix a unique dynamic of knowledge building and selling it as a mobile asset on the global market.

To read the full, original article click on this link: The Union for the Innovation - New Europe

Author: Francisco Jaime Quesado





Oh Quora! You’ve done it again. This time with the utterly fascinating “What startups have been started by former Yahoo employees?” thread which provides a pretty comprehensive list from AClevertwist.com to Ycombinator.com (Quick, some ex-Yahooer start a Z-word startup!) of startups founded by former Yahoo employees, which, as we’ve already pointed out, are a force to be reckoned with.

To read the full, original article click on this link: Startups Started By Former Yahoo Employees [Graphic]

Author: Alexia Tsotsis

Why won't the numbers stack up!TechCrunch, the online mecca for startups, was sold to AOL last month for a reported $40 million. We thought it might also be fun to value some of Australia's more popular business websites using TechCrunch's nine million unique browsers as the benchmark. So, if nine million unique monthly browsers values a company like TechCrunch at $40 million, how much is The Australian newspaper online worth? $10,222,222. And how much is the AFR online worth? $622,222. And what about BRW's site? $155,555. Ouch! Maybe not so fun after all!

mirror designs 25 Most Creative and Original Mirror DesignsIn the design industry, the simple “mirror, mirror on the wall” suffered some serious upgrades. Who knew this seemingly common decorating item would in time become so popular and take so many shapes? From the map of Italy to creative promotional mirrors, here are 25 of the most unusual mirrors ever designed:

To read the full, original article click on this link: 25 Most Creative and Original Mirror Designs


MINNETONKA, Minn., Oct. 6 /PRNewswire/ -- Today Polaroid marked a milestone in its rich 73-year history by inviting people from all over the world to participate and share in the Made In Polaroid movement. A gathering of Polaroid fans from all generations, Made In Polaroid gives the creative community an outlet for collaborating and sharing content at the new polaroid.com website. Made especially for the creative community, the Made In Polaroid badge signals products, resources and experiences designed for linking creativity, simplicity and surprise. The Made In Polaroid badge tells the world that user-generated content and ideas are being created and shared.

"Polaroid is about more than just a camera and a photo. The Polaroid brand embodies a contagious spirit that's found at celebrations, gatherings and most importantly – in everyday life," said Scott W. Hardy, President, Polaroid. "For more than seven decades, people have drawn inspiration from Polaroid to enrich their worlds. The Made In Polaroid movement was created to embody this experience and give future generations tools to help spur the creative process."


In recognition of his contributions to the music industry, Polaroid has chosen to partner with Sting on his new CD/DVD, Live in Berlin, featuring the Royal Philharmonic Concert Orchestra, conducted by Steven Mercurio, to be released by Deutsche Grammophon/CherryTree Records on November 23. Culled from his critically acclaimed world tour, Symphonicity, this exclusive live CD/DVD compilation features many of his greatest hits, including "Roxanne," "Every Little Thing She Does Is Magic," "King Of Pain," "Fields Of Gold," and more, all re-imagined for symphonic arrangement. During his recent concert in Berlin, Sting gave Polaroid an exclusive behind-the-scenes look at the Symphonicity tour. A moment that defines the Made In Polaroid movement, a window into Sting's artistry can only be found on polaroid.com.

"As Polaroid evolves to bring its iconic instant products to a new generation, we draw inspiration from Sting and his Symphonicity tour," said Bobby Sager, Polaroid's Chairman of the Board. "Similar to Polaroid, Sting is a luminary who is continually re-imagining his work and building creative bridges and collaborations with different artists."

The new Made In Polaroid badge is fundamental to Polaroid's go-forward marketing efforts. The Made In Polaroid movement will debut on polaroid.com and includes:

  • Share Instantly: Polaroid Studio™ photo sharing link features unlimited sharing and storage for photos and videos and visitors can post and create personalized photo books, cards and gifts from their images.
  • Experience: At polaroid.com, the Made In Polaroid movement draws inspiration from stories of fellow artists' creative experiences, including a behind-the-scenes look at the MIT creative session with Lady Gaga, Polaroid's Creative Director and an exclusive interview with Sting during his Symphonicity tour.
  • Collaborate:  The Polaroid social media channels celebrate the spontaneity at photography's core and provide a place to gather, rally and share through the Made In Polaroid movement. Access the Polaroid Facebook, Twitter and YouTube profiles at the new polaroid.com.
  • Shop: Polaroid is committed to freeing creativity through simple tools and this extends to a new shopping experience at polaroid.com. Site enhancements include a new browsing and purchasing experience for Polaroid products.

For more information on the Made In Polaroid movement, visit www.polaroid.com.

About Polaroid

Across several generations, people regard Polaroid as one of the most trusted, well-respected and recognizable brands when it comes to instant photography. The Polaroid story began more than 70 years ago with polarized sunglasses, which then evolved into instant film, cameras, and camera accessories, marking the beginning of the well recognized Polaroid Classic Border Logo.  In recent years, the Polaroid brand has expanded into other consumer electronics categories such as flat panel televisions, portable DVD players, digital photo frames, digital HD camcorders, waterproof digital cameras and more.  People can expect to see even more new Polaroid branded products that will deliver the fun, instant gratification and value for which the brand has long stood.

Polaroid, Polaroid Studio, Polaroid Classic Border Logo and Made In Polaroid are trademarks of PLR IP Holdings, LLC

Contact:


Allison Matthews


This email address is being protected from spambots. You need JavaScript enabled to view it.


(212) 445-8351




Amanda Wolbrom


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(212) 445-8230





SOURCE Polaroid

To read the full, original article click on this link: Polaroid Invites Fans World-Wide to Experience the Made In Polaroid™ Movement -- MINNETONKA, Minn., Oct. 6 /PRNewswire/ --

In recognition of his contributions to the music industry, Polaroid has chosen to partner with Sting on his new CD/DVD, Live in Berlin, featuring the Royal Philharmonic Concert Orchestra, conducted by Steven Mercurio, to be released by Deutsche Grammophon/CherryTree Records on November 23. Culled from his critically acclaimed world tour, Symphonicity, this exclusive live CD/DVD compilation features many of his greatest hits, including "Roxanne," "Every Little Thing She Does Is Magic," "King Of Pain," "Fields Of Gold," and more, all re-imagined for symphonic arrangement. During his recent concert in Berlin, Sting gave Polaroid an exclusive behind-the-scenes look at the Symphonicity tour. A moment that defines the Made In Polaroid movement, a window into Sting's artistry can only be found on polaroid.com.

"As Polaroid evolves to bring its iconic instant products to a new generation, we draw inspiration from Sting and his Symphonicity tour," said Bobby Sager, Polaroid's Chairman of the Board. "Similar to Polaroid, Sting is a luminary who is continually re-imagining his work and building creative bridges and collaborations with different artists."

The new Made In Polaroid badge is fundamental to Polaroid's go-forward marketing efforts. The Made In Polaroid movement will debut on polaroid.com and includes:

  • Share Instantly: Polaroid Studio™ photo sharing link features unlimited sharing and storage for photos and videos and visitors can post and create personalized photo books, cards and gifts from their images.
  • Experience: At polaroid.com, the Made In Polaroid movement draws inspiration from stories of fellow artists' creative experiences, including a behind-the-scenes look at the MIT creative session with Lady Gaga, Polaroid's Creative Director and an exclusive interview with Sting during his Symphonicity tour.
  • Collaborate:  The Polaroid social media channels celebrate the spontaneity at photography's core and provide a place to gather, rally and share through the Made In Polaroid movement. Access the Polaroid Facebook, Twitter and YouTube profiles at the new polaroid.com.
  • Shop: Polaroid is committed to freeing creativity through simple tools and this extends to a new shopping experience at polaroid.com. Site enhancements include a new browsing and purchasing experience for Polaroid products.

For more information on the Made In Polaroid movement, visit www.polaroid.com.

About Polaroid

Across several generations, people regard Polaroid as one of the most trusted, well-respected and recognizable brands when it comes to instant photography. The Polaroid story began more than 70 years ago with polarized sunglasses, which then evolved into instant film, cameras, and camera accessories, marking the beginning of the well recognized Polaroid Classic Border Logo.  In recent years, the Polaroid brand has expanded into other consumer electronics categories such as flat panel televisions, portable DVD players, digital photo frames, digital HD camcorders, waterproof digital cameras and more.  People can expect to see even more new Polaroid branded products that will deliver the fun, instant gratification and value for which the brand has long stood.

Polaroid, Polaroid Studio, Polaroid Classic Border Logo and Made In Polaroid are trademarks of PLR IP Holdings, LLC

Contact:


Allison Matthews


This email address is being protected from spambots. You need JavaScript enabled to view it.


(212) 445-8351




Amanda Wolbrom


This email address is being protected from spambots. You need JavaScript enabled to view it.


(212) 445-8230





SOURCE Polaroid

One way many small business owners can promote their businesses is through interviews with local media and press to build exposure. The idea of being interviewed is exciting. It allows you to talk about something you’re passionate about (your business!) and build authority by showing off your expertise.

Like I said, the idea is exciting. The actual interview can be terrifying, especially for small business owners who aren’t used to hopping into the spotlight. But the experience doesn’t have to be scary. In additional to being a great way to attract new leads, it can also be fun!

As a small business owner, you need to learn how to get more from interview opportunities so that you can better promote your business and benefit from each interview you do. Here are some tips that have helped me benefit from interview opportunities in the past.

To read the full, original article click on this link: How to Get More From Interview Opportunities

Author: Lisa Barone

That’s Rafael Nadal, one of the loudest grunters in tennis  But the real screamers are the women. Ah yes, Maria Sharapova, belting at 101 decibels, is the scream queen. Yet curiously, she doesn’t utter a peep during practice.

But does grunting distract an opponent? Ivan Lendl complained that Andre Agassi’s howls in the 1988 U.S. Open threw off his concentration and timing. And last year the International Tennis Federation began considering banning grunts. Well, maybe a  study in the journal Public Library of Science ONE bolsters the case for a ban.

To read the full, original article click on this link: Tennis Players' Grunts May Slow Opponents' Reactions: Scientific American Podcast

Author: Christie Nicholson

The much-hyped premiere of The Social Network has everyone buzzing. Did the launch of Facebook play out as the movie portrays it? Is Mark Zuckerberg really so self-absorbed and calculating? Does the movie paint an accurate picture of a new generation of entrepreneurs? And perhaps the most dangerous question of all:  Do I have what it takes to be the next Mark Zuckerberg?

Don’t misunderstand. I’m not a Zuckerberg hater. In fact, I’m pretty grateful to the guy for transforming the way I work, write, and, yes, socialize. What concerns me most about The Social Network is that movie’s fans, many of whom are bound to be young and ambitious, will walk away with a very skewed perception of what it means to be an entrepreneur, and what it takes to start a business. While the movie is ostensibly based on fact, its writer, Aaron Sorkin, is quoted in New York Magazine as saying “I don’t want my fidelity to be to the truth; I want it to be to storytelling.”


To read the full, original article click on this link: Do You Want To Be The Next Mark Zuckerberg? I Hope Not. | BNET

Author: Donna Fenn

san-gorgonio-pass-wind-farmThe giant wind turbines cropping up on ridges, shorelines and other windy locales across the world affect more than the wind—they are also changing local temperatures, notes a new study. That's likely because the enormous blades chop up the incoming wind and thereby more thoroughly mix different layers of the atmosphere. According to temperature readings from one of the oldest wind farms in the U.S., near Palm Springs, Calif., the turbines make it warmer at night and cooler during the day, generally speaking.

"For most regions, the mean temperatures may not change by much because the warming and cooling effects may cancel out," says atmospheric scientist Somnath Baidya Roy of the University of Illinois at Urbana-Champaign, co-author of the study published online October 4 in Proceedings of the National Academy of Sciences. "Wind power is on the verge of an explosive growth. It features prominently in the future energy policy of all industrial economies. Hence, we have a unique opportunity to solve a problem even before it becomes a major issue."

To read the full, original article click on this link: How Wind Turbines Affect Your (Very) Local Weather: Scientific American

Author:

classroomWith the U.S. slipping dangerously in the science rankings, it’s clear schools are not inspiring children. Inventor and billionaire James Dyson says they can start by dropping standardized tests, which dampen enthusiasm for and curb creativity.

Doom and gloom. The United States is sliding down the science rankings. School achievement scores have dropped, forcing employers to look abroad. And the best students are being put off science and engineering. That’s according to a new report, “Rising Above the Gathering Storm,” that suggests the country’s ability to compete internationally for quality jobs has declined over the last five years. It says the U.S. outlook is daunting if changes aren’t made.

To read the full, original article click on this link: America's Students Are Flunking Science And It's Forcing Employers To Look Abroad

Author: James Dyson

New statistics on business innovation released by NSFPreliminary figures from the National Science Foundation's new Business R&D and Innovation Survey--fielded for the first time in 2009--indicate that some 22 percent of companies in manufacturing industries and operated in the United States reported one or more product innovations in the period 2006-08 and about 22 percent introduced process innovations during the same period.

Preliminary figures from the Business R&D and Innovation Survey (BRDIS)--fielded for the first time in 2009--indicate that some 22 percent of companies in manufacturing industries reported one or more product innovations (goods and/or services) in the period 2006-08 and about 22 percent introduced process innovations (new methods for manufacturing or production; logistics, delivery, distribution; support activities).


To read the full, original article click on this link: New statistics on business innovation released by NSF

It's like flipping a coin with your health. Despite the fact that their medications could save or extend their lives, the average patient fails to follow their pill prescription half the time. The reasons behind this failure are varied--ranging from simple forgetfulness to confusion about the medication to ambivalence about their health--but the problem costs an estimated $290 billion in emergency-room visits and other avoidable medical expenses in the United States alone, according to the New England Healthcare Institute. Large organizations have been trying to tackle this problem for years. Drug-store chains send paper reminders in the mail--to little avail. HMOs have tried calling patients daily--but they found this labor-intensive solution way too expensive.

David Rose, founder of the Cambridge based startup Vitality, had an altogether different idea: to build reminder technology right into the pill bottle itself.


To read the full, original article click on this link: Technology Review: Message from a Bottle

Author: Emily Singer

In much of the world, shopping online involves browsing e-commerce sites or typing what you want to buy into a search engine. In countries where Internet-connected computers are a rarity, a Seattle-based startup called Slimtrader hopes to offer Internet shopping via text message instead.

Just like a conventional e-commerce business, Slimtrader relies on interactive databases to handle product inventory, pricing, orders, and payments. But, unlike, say, Amazon, users can interact with this database via short message service (SMS).

"Instead of searching for products with a computer, we make it possible to query a retailer's inventory by text message," says founder Femi Akinde. "You are sent the results and can then buy via text as well."


To read the full, original article click on this link: Technology Review: Shopping via Text Message

Author: Tom Simonite


Why have a board of directors at all? We've spent several weeks examining the legal, ethical and leadership responsibilities of a board - whether corporate or not for profit. And we've several more important areas to explore before leaving this subject and moving into issues relating to protecting the business, growth, marketing, pricing and more.

This week we make the case for the board's role in an emergency, and tell the story of one such event as illustration. This is a short post and can be read in its entirety below.

Please pass this on to others who are involved in corporate management or governance. And encourage them to sign up for these weekly emails for more, and to explore www.berkonomics.com for a library of business insights for corporate managers of all types and sizes...

All the best,

Dave Berkus

A classic interpersonal challenge that we often see in otherwise-intelligent managers is the desire to “add value” to their team member’s great ideas. These leaders like to display their brilliance by continually adding their input — even at the expense of other people’s ownership and commitment.

This happens quite often. For instance, imagine you’re an entry-level employee, and Joe is your manager. You come to Joe with an idea that he reluctantly agrees is great. You’ve been working on this idea for months, and you’re really excited about what you’ve accomplished. Joe likes the idea, but rather than just saying, “Great idea. Congratulations!” he has the need to add, “If you just make these changes, it can be even better.”

To read the full, original article click on this link: Managers: Do You Know When to Keep Your Mouth Shut? | BNET

Author: Kelly Goldsmith and Marshall Goldsmith

Check, Please!So, you're an entrepreneur with a great idea?

Too bad your inspiration arrived in the worst economy since the Great Depression, complete with a meltdown of the venture capital industry.

What's left on the charred landscape?

1. Traditional Venture Capital

In Q1 2010, the Pricewaterhouse Coopers Shaking the Money Tree survey reported that investing had returned to 2003 levels, which basically equals "limping along."

Don't expect too many of the mid-tier funds to raise new money; as Don Hall of Arcturus Capital reminded me, depressed valuations in almost every asset class mean that many limited partners may still be overweighted in growth companies and thus are not looking for places to put fresh cash.


To read the full, original article click on this link: E-Commerce News: Trends: Check, Please!

Author: Andrea Belz

I caught the entrepreneurial bug early on. I grew up in the northern panhandle of West Virginia, about 25 miles from Pittsburgh, where my parents settled in the early 1900s after immigrating to the United States from Italy. Members of my family and extended family owned and operated restaurants, grocery stores and a women's sportswear business. Growing up, I participated in all the family businesses, and that was the fire that lit my interest in entrepreneurship.

After high school, I spent several years as a musician playing jazz saxophone around the country and three years serving in the military at Fort Bragg in North Carolina before going off to college. I ultimately decided to pursue a career in academics, focused on entrepreneurship, thanks to the urging of a professor and now dear friend at the University of North Carolina at Chapel Hill.

To read the full, original article click on this link: Business Rx: Lessons from an entrepreneur coach

Author: Rudolph P. Lamone


This past week, an Italian web site (Haltadefinizione) placed online six masterpieces from the famous Uffizi Gallery in Florence, all in super high resolution. Each image is packed with close to 28 billion pixels, a resolution 3,000 times greater than your normal digital photo. And this gives art connaisseurs everywhere the ability to zoom in and explore these paintings in exquisitely fine detail – to see strokes and details not normally seen even by visitors to the Uffizi. The paintings featured here include Botticelli’s The Birth of Venus; Leonardo da Vinci’s Annunciation and The Last Supper; The Baptism of Christ by Verrocchio and da Vinci; Caravaggio’s Bacchus; and the Portrait of Eleonora of Toledo by Bronzino. These masterpieces will remain online for free until January 29. For more details on the project, look here. Thanks Claudia for the great heads up.

To read the full, original article click on this link: Zooming into Italian Masterpieces | Open Culture

The Next Silicon ValleyLithuania will get a new R&D center thanks to a joint research partnership between IBM and the Lithuanian government.

Under the five-year agreement, the Lithuanian Ministry of Economy and Ministry of Education and Science has decided to launch a new research center and IBM will contribute existing assets and research expertise from IBM Research laboratories in Zurich, Almaden, New York and Haifa.


To read the full, original article click on this link: IBM to assist Lithuania gov't R&D center | http://www.thenextsiliconvalley.com

Birds are considered as one of the most gentle and amazing creatures in the world. It’s no wonder why many people would love to have one for a pet. Aside from their beautiful and captivating appearance, birds also serve as great design resources for graphic designers.

This next post is a compilation of 40+ Cheerful Bird Logos to Inspire Your Creativity. These logos illustrate a few effective utilization of a bird image in logo-making. Check out this “tweet” collection and see the great possibilities of creating art inspired by those well-loved creatures!

To read the full, original article click on this link: 40+ Cheerful Bird Logos to Inspire Your Creativity

inequalityThe Census Bureau’s 2009 American Community Survey came out today. In this survey, we can see the effects of the Great Recession clearly.

Last year was quite challenging for most people, yet things felt much worse in some states, where the rich were getting richer and poor were getting poorer (see 2008 poverty rates by state). We at Insider Monkey compiled the aggregate household income in 2008 and 2009 by quintile, using the data from the American Community Survey.


To read the full, original article click on this link: 10 States Where The Rich Are Getting Richer And The Poor Are Getting Poorer

Think about the most successful people you know. What’s one thing they have in common? Probably this: They’ve built a network of contacts that provides support, information and business referrals. They have mastered the art and science of networking, and business flows to them almost as a matter of course.

It took those successful networkers years of hard work to build their networks. But many people don’t understand networking basics.

To read the full, original article click on this link: Three Big Lies About Networking | BNET

Author: Ivan Misner

It’s time to stop giving women entrepreneurs special help. They don’t need it.

Women business owners get lots of help, from both government and private sources. The federal apparatus includes the women’s business office in the SBA, a network of more than 100 women’s business centers, government contracting setasides for woman-owned businesses, and government-backed loan programs for woman-owned businesses. Some gender-specific government programs are replicated at state and local levels, especially contracting setasides. The private initiatives include Make Mine a Million $ Business, a program sponsored by American Express that supplies women entrepreneurs with coaching, financing and marketing help.


To read the full, original article click on this link: Why It’s Time to Stop Giving Women Entrepreneurs Special Help | BNET

Author: Mark Henricks

Here's one problem companies face when trying to build practical electric cars: Batteries are heavy. If you want to give an electric car more range, that means you need a bigger battery, which means a heavier car, which means it takes more energy to move it. It's a tricky problem.

Volvo might have a solution. The Swedish car company recently announced that it has been working with Imperial College in London to develop a "composite blend of carbon fibers and polymer resin" that can serve as a car's body panels while also functioning as a battery, storing and releasing energy. Future Volvos could be literally made out of batteries. The company's press release candidly admits that "at the moment this is just a fascinating idea," but it does add that "tests are currently under way to see if the vision can be transformed into reality."

To read the full, original article click on this link: Your Next Volvo May Be Made out of Batteries - Transportation - GOOD

orabrushOrabrush founder Robert Wagstaff is relentless.

This past decade, he blew $50 thousand on infomercials and pitches to dentists about his bad breath battling brush.  But it was YouTube that came to his failing company's rescue.

Last year, Wagstaff posted a humorous video about his product on YouTube. The infomercial became a sensation. It now has 24 million views and has led to millions in Orabrush sales.


To read the full, original article click on this link: Advertising - Orabrush Turns to YouTube to Pitch a Bad Breath Treatment - NYTimes.com

Author: Alyson Shontell

rbg-lcdLiquid crystals are the granddaddy of what we think of as "displays"—before their advent in wristwatches and calculators we had cathode ray tubes and other "monitor"-like tech. Now clever engineering has become ubiquitous, overcoming many of display tech's earlier problems (easily damaged, very poor viewing angles), particularly with the "in-plane switching" tech used in the LCD displays on Apple's iPad.

Its history stretches back to the 1888 discovery of the "liquid crystalline" nature of cholesterol molecules by Friedrich Reinitzer, through pioneering work by Dr. George Gray at the Royal Radar Establishment in Malvern (whose successor organization QinetiQ held the patent for many years) in the 1960s, to the first viable displays in the early 1970s.

To read the full, original article click on this link: The Fast Company Guide to Screens | Slideshows

Author: Kit Eaton

Ford Motors dominated the auto market in the early 20th century with a
single car model, the Model T.  At the time, customers were seeking
low-cost, functional cars, and were satisfied by an extremely
standardized product (Ford famously quipped that “customers can choose
it in any color, as long as it’s black”). But as technology improved and
serious competitors emerged, customers began wanting cars that were
tailored to their specific needs and desires. The basis of competition
shifted from price and basic functionality to ”style, power, and prestige“.
General Motors surpassed Ford by capitalizing on this desire for
segmentation. They created Cadillacs for wealthy older folks, Pontiacs
for hipsters, and so on.


Today, the venture financing industry is going through a similar
segmentation process. Venture capital has only existed in its modern
form for about 35 years.  In the early days there were relatively few
VCs. Entrepreneurs were happy simply getting money and general business
guidance.  Today, there is a surplus of venture capital and
entrepreneurs have become increasingly savvy “shoppers.”  As a result,
competition amongst venture financiers has increased and their
“customers” (entrepreneurs) have flocked to more specialized “products.”


To read the full, original article click on this link: The segmentation of the venture industry cdixon.org – chris dixon's blog

Author: Chris Dixon

A printer that automatically reformats pages to reduce clutter could save on ink and make printouts easier to read. But would you accept a few additional ads on your document in return? Researchers at HP's labs think so.

"By some statistics, almost half of the printouts on HP's printers come from the Web, but the experience is really terrible compared to office or PDF documents," says Parag Joshi, a member of HP's Multimedia Interaction and Understanding Lab in Palo Alto, California. Joshi and his colleague Sam Liu led the development of software that extracts the pertinent text and images from an online article and discards the rest of the page, making for a much cleaner printout. The system removes clutter such as navigation elements or online adverts, so less ink and paper are needed.

To read the full, original article click on this link: Technology Review: A Cleaner Printout, With Some Extra Ads

Author: Tom Simonite

Self-employed nationals are increasingly recognised for their contribution to the UAE economy. “We are extremely encouraged by this favourable response for Emirates NBD seed capital financing,” said Jamal Bin Ghalaita, Group Deputy CEO, Emirates NBD. “We see this as a reflection of the strength of creativity and entrepreneurship that exists in our country. Small businesses account for 46 per cent of the UAE’s GDP and new business start-ups make a significant contribution to this.

“Our aim is to inspire more UAE nationals to develop their entrepreneurial ideas into fully fledged business enterprises, which are of vital importance to the growth and prosperity of our economy, “he added.

To read the full, original article click on this link: Emirates NBD reports rush for seed capital | Retail Banking | CPI Financial

Peace Jaway - Have a great day! :)

Signs of U.S. decline in global competitiveness over the past five years suggest that Americans must not abandon future innovation in hard economic times, according to a report announced today (Sept. 23).

Investment in American innovation is necessary to ensure the economic strength to provide health care, social security, national security, and other basic services for citizens, said the report commissioned by the National Academy of Sciences, National Academy of Engineering, and Institute of Medicine.


To read the full, original article click on this link: Fiscally Strapped U.S. Must Still Invest in Future Innovation | American Innovation Must Not Suffer in Hard Economic Times of Re | LiveScience - Peace Jaway

President Barack Obama has made it clear in his speeches and in his own national security strategy that this nation’s ability to protect its interests around the world depends upon a healthy economy at home. The president noted in a speech to the graduating class at West Point earlier this year that “our strength and influence abroad begins with the steps we take at home … Simply put, American innovation must be a foundation of American power—because at no time in human history has a nation of diminished economic vitality maintained its military and political primacy.”

He then went on to note the need to achieve sustainable security through more effective integration of the instruments of national power:


To read the full, original article click on this link: Strong and Sustainable

Author: Lawrence J. Korb, Laura Conley

A research project that aims to develop a standard for universal applications has just received £10 million in funding from the European Union. The project, called Webinos, is being led by the Fraunhofer Institute, the same group that developed the technology behind the ubiquitous music file format MP3.

Webinos' end goal is to create a framework for Web applications across mobile, PC, home media (TV) and even in-car devices which doesn't require the apps to be reprogrammed for each platform.


To read the full, original article click on this link: EU Funds "Universal Apps" Project

Author: Sarah Perez

So where do all those REEs go? Figure 8 shows the estimated flows for 2008 [15]. Although Chinese consumption is shown as 60%, this is only for the raw elements. Some of the downstream products will still be exported to the west. Japanese industry is a large consumer of REEs, and so they are almost beside themselves over the REE situation [41]
.2008 flows

To read the full, original article click on this link: Will Rare Earths Cripple the Green Economy? Part 2 | Alternative Energy Stocks

Author: Eamon Keane

Bill GatesBill Gates is going to support an income tax for people making over $200,000 per year in Washington state, the Wall Street Journal reports.

The initiative in Gates' home state is called I-1098. Todd Bishop at Tech Flash summarizes it:

Initiative 1098 would impose an income tax on individuals in Washington state making more than $200,000. At the same time, it calls reduction in state property taxes and the elimination of the business and occupation tax for some of the state's smallest businesses. Proceeds from the income tax would be used for health services and public education, proponents argue.


To read the full, original article click on this link: Bill Gates Says Tax The Rich!

Author: Jay Yarow

Brain-computer interfaces could someday provide a lifeline to "locked-in" patients, who are unable to talk or move but are aware and awake. Many of these patients can communicate by blinking their eyes, but turning blinks into words is time-consuming and exhausting.

Scientists in Utah have now demonstrated a way to determine which of 10 distinct words a person is thinking by recording the electrical activity from the surface of the brain.


To read the full, original article click on this link: Technology Review: Turning Thoughts into Words

Author: Duncan Graham-Rowe

Iif_innovationF… is a European innovation festival organized under the auspices of Pro Inno Europe which takes place across six European cities: Barcelona, Milan, Kortrijk, Lisbon, Vilnius and Tallinn.

The mission of the festival is to celebrate innovation and creativity within the participating cities and to mobilize their citizens, youth, businesses, researchers and other regional players to broaden their minds and be part of a multiple events that will not only showcase excellence and innovativeness but also address important societal challenges such as boosting creativity, tackling climate change or decreasing mobility barriers in urban environment.


To read the full, original article click on this link: Cluster | City - Design - Innovation » IF… Innovation Festival: events in Milan and Kortrijk

Why do our eyes flutter about during rapid eye movement (REM) sleep? To keep track of the actions and events in our dreams, says a study in the June issue of Brain. Researchers at Pitié-Salpêtrière Hospital in Paris studied people who have a disorder that makes them act out their dreams (but whose eye movements have been shown not to differ from healthy sleepers). Using electrodes to record eye movements and cameras to capture nighttime motions, the researchers found that where participants were looking and what they were doing synchronized 90 percent of the time. A subject dreaming about climbing a ladder, for instance, repeatedly gazed up and down to check his progress.

To read the full, original article click on this link: Dreamy Eyes: What Do We Look at While Asleep?: Scientific American

Author:

In 1990, fresh out of his first postdoc, David Woodland walked into his very own lab at St. Jude Children’s Research Hospital. All he wanted was to dive into the viral immunology that he had spent years thinking about, but found that a lot of his time was consumed by the other tasks that come with being a principal investigator (PI). “It was difficult,” he says. “No one had given me guidance in writing grants, or [told me] that I would principally be in a management position.” Twenty years later, he uses his experience to help guide the postdocs at the Trudeau Institute, where he is the director.

To read the full, original article click on this link: Shaping Your Postdocs - The Scientist - Magazine of the Life Sciences

Author: Jennifer Welsh

With the news this week that the recession officially ended in June 2009, there’s a ton of commentary about how it still feels like we’re in recession. But from where I sit, it never felt much like a recession at all. Revenues tightened up and people didn’t get raises, but I don’t know any friends who lost apartments, few who lost jobs and few companies that went under, just because of the crash.

Compare that to the post-2000 crash, when I’d estimate that half of my friends in the Bay Area were laid off and out of work for months or in some cases, years. I may sound like those old grandmas who insists on rinsing and reusing paper towels because they never got over the Great Depression, but honestly, that was a recession. This thing we just went through? From the Valley standpoint it was an excuse to trim fat and put some decisions off.


To read the full, original article click on this link: Now that the Recession Officially Ended….Whatever Happened to that Other Shoe?

Author: Sarah Lacy

The smartphone is always taking on new roles - from credit cards to MP3 players and digital cameras to airline boarding passes. Now, your smartphone will begin opening new doors for you, quite literally.

Two Holiday Inn hotels have begun using iPhone, Android and Blackberry smartphones as room keys, meaning guests don't even need to stop at the front desk on their way in the door.

With the new system, which will be in testing through December, hotel guests can reserve their accommodations online. A text message is sent to their phone on the day they reserved with a room number and a link to unlock the door. No more friendly banter with the front-desk clerk when you're late for a meeting, just get in and go - it sounds great.


To read the full, original article click on this link: Smartphones Begin to Replace Hotel Keycards

Author: Mike Melanson

Online forums and communities present a largely untapped opportunity for making money — at least according to Dan Gill, cofounder and chief executive of Huddler.

The San Francisco startup is officially launching today. It’s one of those weird launches where the company has actually been working with customers for more than a year, and is only now getting around to telling the media that it exists. Gill said he wanted to make sure the technology was solid before doing too much to publicize it and attract competition.

Community-building software is a broad category, but Huddler approaches the market with a specific audience and mission. It’s looking for popular, product-focused forums that are built on either  vBulletin or  phpBB technology. Huddler contacts the owner of the site, offering to modernize the forum and bring in more money too.


To read the full, original article click on this link: Huddler wants to turn your online forum into a moneymaker | VentureBeat

Author: Anthony Ha

Test bikes sit at a new bike sharing station in Arlington, Va.As Lauren Statman made her way along Calvert Street in Washington on Sunday, she stopped to investigate a new phenomenon on the sidewalk near her home: a large, empty bike share station.

From just 10 stations and about 100 bikes downtown, one of the first municipal bike sharing programs in the country is ballooning by a factor of 10: 100 stations and about 1,100 bikes are to spread around Washington and across the river in Arlington, Va., by the end of October.

The system officially opens to the public on Monday with 400 bikes at 49 stations. Mayor Adrian M. Fenty plans a morning news conference on the program.

To read the full, original article click on this link: Bike-Sharing Expands in Washington - NYTimes.com

Author: J. DAVID GOODMAN

Exoskeletons--wearable, motorized machines that can assist a person's movements--have largely been confined to movies or military use, but recent advances might soon bring the devices to the homes of people with paralysis.

So far, exoskeletons have been used to augment the strength of soldiers or to help hospitalized stroke patients relearn how to walk. Now researchers at the University of California, Berkeley, have demonstrated an exoskeleton that is portable and lets paraplegics walk in a relatively natural gait with minimal training. That could be an improvement for people with spinal-cord injuries who spend a lot of time in wheelchairs, which can cause sores or bone deterioration.

To read the full, original article click on this link: Technology Review: Personal Exoskeletons for Paraplegics

Author: Kristina Grifantini

SBA Administrator Karen Mills announced today the U.S. Small Business Administration's support for 10 regional economic development and job creation efforts through a new pilot program, "Innovative Economies."

The pilot program supports small businesses participation in regional economic "clusters" - collaborations between small businesses, the public sector, economic development and other organizations.

"Maximizing a region's economic assets is one of the best ways to create long term job growth, and that's what SBA's new Innovative Economies pilot initiative is doing," Mills said. "Today we are announcing funding support for 10 regional economic clusters. SBA's support will help expand the opportunities and the role small businesses play in these regional collaborations, which are enhancing the ability to create jobs locally and compete on a national and global scale."

To read the full, original article click on this link: SBA Announces Support for 10 Regional 'Innovative Economies' Clusters, Local Job Creation


Rolling up startups is hard to do correctly. It's easy to say that two companies would work better as a combined entity, but in reality it's quite difficult to do regardless of the scale of the companies involved -- you have cultural shifts to make, personnel who will need to change roles and perhaps leave, a combined set of investors to fit into the same size boardroom, significant operational disruption, not to mention the difficulties involved in pricing and structuring the deal, etc.

So it's not something to be bandied about loosely. But nevertheless, I think it's time for more cleantech startups to be thinking about how they can team up and carry forward as combined efforts.

To read the full, original article click on this link: It’s time: Cleantech needs more roll-ups | Cleantech Investing : Greentech Media

Author: Rob Day

Exit SignWhen I was little, my friends and I played variations of the game "When!" We held our breath until someone yelled, "When!" Kept our eyes wide open until someone shouted, "When!"

I'm reminded of this game when I'm helping a group of employees optimize their work+life fit and someone will say, "Yeah, my work is done for the day and I want to leave the office, but I don't want to be the first one to get up and I don't want to leave before my boss." In other words, they are waiting for someone else to say, "When!"


To read the full, original article click on this link: Three Steps to Stop the Game of "When" at Work | Fast Company

Author: Cali Williams Yost

FCraig Clarkour decades on, it is coming a lot closer to home.

The space race has already transformed such fields as telecommunications, TV broadcasting, climate and weather forecasting, information sharing, commerce, security, banking and navigation. But now a new space age beckons for Britain. And this week a conference entitled just that – A New Space Age for Britain – will chart the economic advantages space exploration will give the beleaguered UK economy.

Almost unnoticed by the public, which probably still associates space with manned flight [see box], the space technologies economy has expanded to the point where it supports 68,000 jobs in the UK, directly and indirectly, and contributes £6.5 billion to the nation. Without it we wouldn’t have the high-speed broadband, GPS services and high-definition TV that so many of us rely on. The global market for space manufacturing, applications and services has been estimated to be worth at least £400bn by 2030 –and Britain is determined to boost its share of the market from 6% to 10%, creating up to 100,000 jobs by 2030.

To read the full, original article click on this link: Scotland in the space age - Herald Scotland | News | Home News

Author: Russell Leadbetter

ipad-wall-covent-garden-apple-storeThe CEO of Best Buy just said the iPad is cannibalizing 50% of the company's laptop sales, the Wall Street Journal reports.

When consumers walk into Best Buy now, they don't look at or want laptops, instead they're drawn to the iPad.

"People are willing to disproportionately spend for these devices because they are becoming so important to their lives," says CEO Brian Dun.


To read the full, original article click on this link: Best Buy CEO: iPad Is Cannibalizing Laptop Sales By A Shocking 50%

Author: Jay Yarow

Digging Deep into Innovation and Passion at BIF-6What happens when you pull together 200 people who are passionate about innovation, put a broad spectrum of storytellers in front of them and give them an intimate setting to interact? This is the idea of the 6th annual Collaborative Innovation Summit of the Business Innovation Factory (BIF-6 for short) at the intimate setting of the Trinity Rep Theatre in Providence, RI. Saul Kaplan started out the conference with a warning that “innovation” must not become a buzzword, or no one will be innovative. There were no silver bullets in the stories, but rather compelling unique perspectives on innovation, passion and ideas to help change the world.

To read the full, original article click on this link: Blogging Innovation » Digging Deep into Innovation and Passion at BIF-6

Author: Stuart Miniman

Yesterday, I attended the Department of Energy’s announcement about their new university based “innovation ecosystems” project.  This $5.3 million initiative will attempt to create and enforce innovation clusters in five locations that have the potential to produce cutting edge renewable energy technologies:

“This is the first time the Department is funding this type of university-based commercialization effort.  The ecosystems will foster collaborative environments, bringing together key players from universities, the private sector, the federal government and Department of Energy National Laboratories to identify and develop new clean energy technologies and help them succeed in the marketplace.”


To read the full, original article click on this link: DOE Announces “Innovation Ecosystems” | The Energy Collective

Author: Teryn Norris

"Whole Foods fish coding systemDon't eat that halibut! It's a code red!" It sounds strange now, but it might become a familiar refrain soon enough. Color-coded seafood is about to hit store shelves--at least in Whole Foods, which is launching the first in-store color-coded sustainable seafood rating program this week. Created in conjunction with Blue Ocean and the Monterey Bay Aquarium, the system relies on three colors--green ("best choice"), yellow ("good alternative"), and red ("avoid")--to alert customers about overfished species.

For now, at least, Whole Foods allows customers to buy seafood from red-listed fisheries. But the store claims that it will eliminate red-listed swordfish and tuna by Earth Day 2011, and all red-listed seafood will be cut from store shelves by 2012.

To read the full, original article click on this link: Whole Foods: Don't Eat That, Eat This | Fast Company

Samsung's intense focus on 3-D LED televisions — such as at company headquarters in Seoul — helped the South Korean electronics giant bring its TVs to market first, beating out its rivals.About an hour south of Seoul, bulldozers are demolishing the last vacant factories at Samsung Electronics Co. Ltd.'s Suwon campus, erasing signs that South Korea's most valuable public company once made its headquarters in an industrial complex.

In their place are ice cream and pizza parlors, research labs and open space. Engineers play basketball before heading to their choice of nine cafeterias for a free lunch featuring Korean, Indian and Western dishes prepared to please employees from 50 countries.

Women, who until recently were forced to wear business suits and were absent from top jobs, stroll through gardens in slacks and open-toed shoes.

To read the full, original article click on this link: Samsung aims to become a global innovation power

Author: Yoolim Lee

imageI'm raising venture capital, and I'm a woman: This makes me an anomaly. According to a recent study by research firm CB Insights, 8% of venture capital-backed firms were led by women in the first half of 2010. This is an improvement--it was just 4% in 2000.

In the male-dominated world of VC, what makes me, a 33-year-old wife and mother, an exception?

I worked as a Web programmer during the go-go days of venture capital (1999) and saw how many unstable startups were raising millions. If so many people were successfully raising money for mediocre ideas, I figured I stood a good chance with a great idea. I at least had to try.

To read the full, original article click on this link: The VC Word: Women And Venture Capital - Forbes.com

Author: Amanda Steinberg

CAMBRIDGE, MA--(Marketwire - September 15, 2010) - The Fraunhofer Center for Sustainable Energy Systems (CSE) today announced a $1 million award from the U.S. Department of Energy (DOE) to fund a joint clean technology commercialization program. The Fraunhofer CSE TechBridge Program will lead an effort with the New England Clean Energy Council (NECEC), Massachusetts Clean Energy Center (MassCEC) and the Association of Cleantech Incubators of New England (ACTION). The funding will go towards an expansion of the existing Fraunhofer TechBridge Program and establish the Innovation Acceleration Partnership specifically to streamline commercialization of university-originated technologies.

DOE Secretary Steven Chu announced the Fraunhofer, NECEC, MassCEC and ACTION partnership as one of only five proposals selected from across the country to build and strengthen "innovation ecosystems" that accelerate the movement of cutting-edge energy efficiency and renewable energy technologies from university laboratories into the market. The five programs will receive up to $5.3 million over a three-year period in this cost-shared project, with an estimated total project value of $9 million.

The Innovation Acceleration Partnership streamlines the process of enabling university technologies to progress to the commercial stage by combining the capabilities of Fraunhofer R&D labs with NECEC Entrepreneurs-In-Residence (EIR) and the ACTION incubators. In addition to connecting to experienced entrepreneurs and incubator facilities, the program will also support access to funding through venture capital partners and MassCEC. The end result will be to help validate, accelerate and spin out new clean energy ventures and valuable clean energy technology products. Interested parties can find more information on the TechBridge website: www.cse.fraunhofer.org/Techbridge/acceleration.  

"MassCEC fully supports this innovative commercialization partnership," said MassCEC Executive Director Patrick Cloney. "This is the exact process needed to accelerate the clean energy commercialization process from our university laboratories to the market. We are very pleased with the DOE's support in making this happen."

"Despite the diversity of academic, entrepreneurial and R&D resources in New England, many companies emerging from universities and other sources fail to capitalize on these advantages in the early stages of their ventures," said Eric Graham, Director of the Fraunhofer TechBridge Program. "We will draw advisors and potential business partners from large U.S. corporations, venture capital firms and other strategic partners to help these innovative technologies move from the lab to the marketplace."

"Being one of only five proposals selected for this national program speaks to our partnership and our ability to accelerate the innovation and growth of new companies in a clear and measurable way," said Peter Rothstein, President of NECEC. "As both an entrepreneur and a venture capitalist, I appreciate the value of helping new university-hatched ventures avoid typical start-up pitfalls and beat the odds to grow into mature, profitable companies."

"As New England's leading network of non-profit, university-affiliated and commercial incubators, ACTION is excited to join other industry leaders in this exciting partnership," said Brent Larlee, Executive Director of the ACTION network and a member of the leadership team of the Cleantech InnoVenture Center in Lynn, MA. "This collaboration aligns the physical space ACTION provides with the technical expertise of Fraunhofer and the mentor network of NECEC to increase the probability of commercial success for cleantech innovations."

The five innovation ecosystem proposals selected by DOE are led by universities or nonprofits based in five different states, and convene a total of 80 partners, uniting the strengths of universities, business, finance, government, research institutes, economic development organizations, accelerators and National Laboratories. DOE selected proposals based on the following objectives: nurturing and mentoring entrepreneurs; pursuing intellectual property protection for technological innovations; engaging the surrounding business and venture capital community; or integrating sustainable entrepreneurship and innovation across university schools and departments.

About Fraunhofer Center for Sustainable Energy Systems
Based in Cambridge, MA, the Fraunhofer Center for Sustainable Energy Systems (CSE) is a non-profit applied research and development laboratory dedicated to the commercialization of clean energy technologies. CSE focuses on PV modules, building energy efficiency and smart grid research. Fraunhofer engages in collaborative research and development with private companies, government entities and academic institutions, performing research that broadly benefits firms, industries and society. The Fraunhofer TechBridge Program is specifically devoted to providing R&D and commercialization assistance services to early stage startup companies. TechBridge leverages the capabilities of 15 Institutes that are part of the Fraunhofer Energy Alliance and works with strategic corporate partners and VC firms to fund promising early stage technologies. For additional information please visit www.cse.fraunhofer.org.
(Follow on Twitter @FhTechBridge and @FraunhoferCSE)

About the New England Clean Energy Council
The New England Clean Energy Council was formed in early 2007. The Council's mission is to accelerate New England's clean energy economy to global leadership by building an active community of stakeholders and a world-class cluster of clean energy companies. The Council represents over 175 members, comprising clean energy companies, venture investors, major financial institutions, local universities and colleges, industry associations, area utilities, labor and large commercial end-users. The Council's ranks include more than 50 clean energy CEOs, representatives from most of the region's top 10 law firms and partners from over a dozen of the region's top venture capital firms (with a total of over $8 billion under management). Working with its stakeholders, the Council develops and executes a wide array of programs in five key focus areas: Innovation, Growth, Education and Training, Adoption, & Policy. For additional information please visit www.cleanenergycouncil.org.

About the Massachusetts Clean Energy Center
Created by the Green Jobs Act of 2008, MassCEC's mission is to foster growth of the Massachusetts clean energy industry through funding to companies, universities and nonprofit organizations; job training programs; and workforce development grants. MassCEC is also home to the Massachusetts Renewable Energy Trust, which supports the installation of renewable energy technologies with funds provided by small renewable energy charges on electric bills. For additional information please visit www.MassCEC.com.

About the Association of Cleantech Incubators of New England (ACTION)
The ACTION Network is a consortium of cleantech incubators throughout New England. For the incubator management organizations, ACTION provides a common set of best practices and materials to support operations. For the entrepreneurs in the incubators, ACTION creates a network of collaborators around industry sub-sectors to accelerate commercialization and growth. For the cleantech industry, ACTION provides a network of physical locations where experienced executives can engage with the cleantech industry and become involved with supporting business growth. For industry associations, universities, public officials and NGOs, ACTION is an important economic development engine, a technology commercialization platform and contributor to the growth of the New England clean energy cluster. For additional information please visit www.innovativeACTION.org.

Contact:
Jay Staunton
Greenough Communications
617-275-6517
Email Contact

To read the full, original article click on this link: Fraunhofer TechBridge, Massachusetts Clean Energy Center and New England Clean Energy Council "Innovation Acceleration Partnership" Selected for U.S. Department of Energy Ecosystem Award

Idaho State University has announced new commitments to increase economic development and to partner with business and other government agencies. The University has created new technology transfer services and the College of Business has unveiled Bengal Solutions, which can provide a variety of services, including market research, to Idaho businesses.

"We have new initiatives in place for technological and commercial transfer of patents, business startups and intellectual property," said Pamela Crowell, ISU Vice President for Research and Economic Development. "We’re going to work closely with faculty to provide the tools and resources they need to get their ideas to the marketplace."

To read the full, original article click on this link: ISU Headlines » Idaho State University has new initiatives to foster technical transfer, provide data to Idaho business

Josh Sims checks LEDs before they are re shipped from Lighting Science Group's manufacturing facility in Satellite Beach, Fla.IN SATELLITE BEACH, FLA. During the depths of the night, Fred Maxik is often struck by an idea for building a better light bulb. When that happens, he rolls over and scrawls a diagram or a few words on the wall beside his bed with an indelible black marker, a practice his wife tolerates because he offers to repaint their room every six months.

"I don't want to lose the thought," says the graying, pony-tailed inventor.

Now, in a coup for Maxik and the company here he founded, the object of those pre-dawn inspirations is going on sale at Home Depot, the nation's largest lighting retailer. The bulbs, assembled at a plant here with about 250 workers, are illuminated not with electrified wires but energy-efficient light-emitting diodes, or LEDs - a method many industry experts consider the future of lighting.

To read the full, original article click on this link: U.S. innovation, feeling the pull from abroad

Author: Peter Whoriskey


SBIR GatewayMost of you are waiting to hear the latest on the SBIR reauthorization saga. The best I can give you is a quote I used to receive from my grandmother,  There is much to talk about but nothing to say.

As most of you know, the SBIR and STTR programs are authorized only through September 30, 2010, and unless a reauthorization bill or continuing resolution is passed to extend these programs, they will expire on October 1, 2010.
The Senate is trying very hard to pass a compromise reauthorization bill before that date, but House cooperation is in doubt and we are running out of time.

Here's the skinny on where we are. The Senate sent a very generous compromise bill to the House back in October of 2009. The House waited 9 months before responding to the Senate’s offer in July of this year. Both House & Senate were in recess for the month of August and the first week and a half of September.

The main stumbling block continues to be… you guessed it, the VC majority ownership and control issue. The Senates offer to the House back in October was to raise the VC compromise from allowing up to 18% of NIH award dollars and 8% of all other agencies award dollars to 25% for NIH, NSF, and DOE, and 20% to all remaining agencies including the DoD. Thats a huge concession on the part of the Senate.

The 9 month wait on the part of Nydia Velazquez (House Small Business Committee Chair) was to have her ventriloquist… oops I mean staffer, Michael Day, create a response to the Senate that was a study in obfuscation on the VC issue.

After careful and lengthy analysis, the Senate Small Business Committee determined that Mr. Days prose was Night & Day from what it appeared to be, and legally his language gave 100% SBIR access to majority VC ownership companies!

Neither Mary Landrieu (D-LA), chair of the Senate Small Business Committee, nor Olympia Snowe (R-ME), ranking member, will put up with the Velazquez/Day shenanigans.

Senate & House committees are very close on everything except the additional leveraging on the VC issue. With the Senates more than generous offer, there's no reason for the House to continue hold back. They simply will not receive any more concessions.

It's a long shot, but SBIR reauthorization could be passed before the end of the month if both sides commit to it. If that doesn't work, the word from Secret Squirrel is that Velazquez will push for another short 3 month extension (which will make 9 successive CRs) in order to get a lame duck congress to include her language in a must passend of the year omnibus bill.

Landrieu would most likely try and go for a 6 month extension allowing for enough time for the next congress to handle SBIR reauthorization.

In the mean time, the Senate and House Armed Services Committees will consider if they should just take the DoD SBIR program into their own hands and bypass these clowns in the House small biz committee.

Note to Ms. Pelosi and House leadership: Your continued level of support for Wall Street over Main Street in the SBIR program has been abysmal. Legendary small business advocate Milton Stewart coined the phrase about congress’ actions toward small business, In public they'll hug them, in private they'll mug them.

However, in the case of SBIR (in the House small business and S&T committees), you're so brazen to not even bother to mug them in private!

This scenario is not played out in the House Armed Services Committee, who in cooperation with the Senate Armed Services Committee, worked hard to protect small businesses in the SBIR program.

Nancy, you can make reauthorization a reality by September 30, and have many of your flock on the campaign trail take credit for passing an extremely successful small business program. On the other hand, you can hold firm as you have been doing, and let your flock take the hits from hundreds or thousands of companies while your incumbents are trying to get reelected. That could be another nail in the proverbial coffin of democratic control in the House. Try this on for size: “Minority Leader Pelosi”.


SBTC TO HONOR CONGRESSIONALS FOR SBIR SUPPORT

The Small Business Technology Council (SBTC) has announced their selections for the prestigious Milton Stewart Small Business Advocacy Awards that will be presented in a ceremony to take place in Washington, DC September 29, 2010.

This award is given to individuals who have made outstanding contributions to small business technology companies.
This year's awardees have demonstrated a commitment to promoting and nurturing American small business, and the SBTC is proud to show appreciation for their hard work.

US House of Representatives:

Chairman Ike Skelton
-US House Armed Services Committee

Chairman Norman Dicks
-US House Appropriations Subcommittee on Defense

Chairman Edward Markey
-US House Select Committee on Energy Independence and Global Warming

Representative Chris Van Hollen, Jr.

Representative Peter Welch

Representative Donald Manzullo

Representative Paul Tonko

Representative Phil Gingrey

US Senate:

Chairwoman Mary Landrieu
-US Senate Committee on Small Business and Entrepreneurship

Senator Olympia Snowe

Chairman Carl Levin
-US Senate Committee on Armed Services

Department of Energy:

Dr. Kristina Johnson
-Under Secretary for Energy

For further information visit the SBTC’s web site at www.sbtc.org

CLOSING

This issue of the SBIR Insider is coming to you from San Antonio, TX at the DoD's Beyond Phase II conference. If you could see the extent of the success, talent and commitment on display here by the small businesses, primes and the agencies, you'd fire many of those politicians who have stonewalled SBIR reauthorization for so long.

The Wall Street lobbyists of BIO and NVCA appear to own and control the House small biz committee, its Chair Velazquez (D-NY), and the ranking member Sam Graves (R-MO). But those winning this year's Milton Stewart Awards (listed above) should be given full consideration for your support if you value SBIR.

I say "consideration for your support" because the SBIR Insider would never be so presumptuous as to try and tell you how to vote. That's entirely your business. However, we will tell you how our elected leaders support small business and SBIR causes.

For those who are interested, I was asked to be on CNBC's Squawk on the Street program a couple of weeks ago, not about SBIR, but other small business issues and the politics of small business. Guests included Karen Mills, SBA Administrator and Heidi Jacobus of Cybernet (an SBIR company). You can see it on CNBC's web site at
http://www.cnbc.com/id/15840232?play=1&video=1575174300

Stay tuned and we'll be back with you as soon as the SBIR reauthorization or CR is made.
Thanks again for your time and we welcome your comments.

Thanks again for your time and we welcome your comments.



Sincerely,

Rick

Rick Shindell
SBIR Gateway
Zyn Systems
40 Alderwood Dr.
Sequim, WA 98382
360-681-4123
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.zyn.com/sbir

Please respond to this email if you want to be removed from this distribution.

Back Issues of the SBIR Insider are available at www.zyn.com/sbir/insider

NOKIA / Nokia reveals winners of the global Calling All Innovators and finalists for the Growth Economy Venture Challenge competitions processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.

Winners and finalists chosen from thousands of developers responding to the challenges to make a difference in the world

London, UK - Today at the Nokia Developer Summit, the company is proud to announce the winners of the global Calling All Innovators contest and the finalists in the Growth Economy Venture Challenge - both with the common goal to create mobile applications, services or solutions intended to save the environment, lift spirits, improve productivity, raise the standard of living within growth economies, and educate and contribute to a healthy lifestyle. The winners and finalists will be acknowledged at the award ceremony, to be held on September 15 in the International Convention Centre (ICC) in London.

To read the full, original article click on this link: NOKIA: Nokia reveals winners of the global Calling All Innovators and finalists for the Growth Economy Venture Challenge competitions | Reuters

NEW YORK: Many brand owners reduced innovation spending as a result of the recession, although companies like Microsoft, L'Oréal and Apple boosted their outlay.

The World Intellectual Property Organisation estimated the number of patent applications worldwide rose by just 2.6% in 2008, a more modest pace than previous years, to 1.9m.

Provisional data covering 80% of global output for 2009 anticipate a 2.7% decrease on an annual basis, which would constitute the first decline since 2002 should it ultimately mirror overall figures.

To read the full, original article click on this link: Innovation suffers during the downturn - Warc News - Warc


The vital signs for entrepreneurship in America continues to weaken.

In the most recent snap shot of the health of small business, the National Federation of Independent Business (NFIB) Index of Small Business Optimism saw only slight improvement in August. Most of the improvement was accounted for by gains in expected real sales and expectations for business conditions six months out. However, both measures remain in recession territory. And when we look at the tangible measures of current activity, such as actually creating new jobs, spending for new capital investments, and sales, we see a continued stagnation and even further declines.

As the world economy entered its worst decline since the Great Depression, corporations were less interested in  innovating.   Now, as the economy begins to recovers  U.S. corporations are in danger of being eclipsed by their Chinese rivals.

According to the World Intellectual Property Organization (WIPO), the total number of patent applications  filed across the world grew by 2.6% in 2007. This is the lowest growth rate since the dot-com bubble burst in the early 2000 .   To make matters worse, the data, the latest available,  showed zero growth in the U.S.   China, however, showed a gain of 18.2%.  Preliminary 2009 data showed a drop in filings at the major patent offices of 2.9%, WIPO says.  China, again, was the exception, showing a growth of 8.5% in applications.

Total trademark applications declined by 0.9% in 2008 – the first decrease since 2001. The drop in demand for trademarks is largely due to decreases in the number of applications from major countries.  American applications fell 11.7% while they soared by 20.8 percent in China.


To read the full, original article click on this link: Why America is Losing Its Innovative Edge - 24/7 Wall St.

Author: Jonathan Berr

charlie's angels I believe the rise in angel investing is here to stay and the professionalization of this class (aka “super angels” or “micro VC”) is a good thing for the VC industry and for entrepreneurs.

It is basically a return to the type of VC that was done 20 years ago long before the craziness of the Internet boom that skewed things so greatly.

But with its growth and success it will encourage many people to enter the market who will lack 5 critical success criteria for earning positive returns.

To read the full, original article click on this link: What It Takes To Be A Great Angel Investor: Part I

Author: Mark Suster

I’m sitting in the final session of the World Economic Forum’s Annual Meeting of the New Champions (or “Summer Davos,”) and my head is numbingly packed with economics and facts. But former Google China president, Kai-fu Lee just snapped me out of it when he said that the next Google or Apple won’t come out of China, won’t come out of Asia, and will likely come out of the United States. He went further to say a Google or Apple wouldn’t come out of China for another fifty or 100 years, thanks to the lackluster educational system.

What? Then why does he have an incubator here?

To be fair, Lee is bullish on what he calls “micro-innovation” or what we’d call rapid iteration in the Web 2.0 world. He draws a distinction between Facebook and Chinese Web giant Tencent and Apple/Google, saying Facebook and Tencent took ideas from others and iterated on them, while Apple and Google were huge innovations.


To read the full, original article click on this link: How Did I Get More Bullish on Chinese Innovation than Kai-fu Lee?

Author: Sarah Lacy

With students spending more research time in front of the screen and less in the stacks, librarians at Drexel University are trying a fresh approach to helping new freshmen navigate their resources: "personal librarians."

The Personal Librarian Program assigns each of the university's 2,750 entering freshmen to a librarian. The librarians get in touch with their students before they arrive via snail mail—sending a signed letter and business card—and later meet with students in person for a crash course on the library's offerings. Each of the approximately 20 librarians trained for the program will also work with their students throughout the semester to encourage them to use the resources and help them figure out how to do so.


To read the full, original article click on this link: Drexel Freshmen Get Help From 'Personal Librarians' - Wired Campus - The Chronicle of Higher Education

Author: Travis Kaya

It is Seedcamp Week 2010 in London this week, an event which usually precipitates conversation on how the European (and indeed global) startup ecosystem is progressing so when I read Vivek Wadhwa’s post on Techcrunch this morning with advice to Russia on what they should do to develop their ecosystem I was moved to share a few thoughts of my own.

First the big picture – in my opinion the European startup ecosystem is maturing nicely.  I agree with Saul Klein’s point in his post on ecosystems from nearly a year ago that these things take time, or in his words “great things take time”.  So even though I would like to see more startups coming out of Europe and more venture capital here, I think we need to have patience, and that we shouldn’t be unhappy with the rate of progress.  As I’ve said many times the European venture capital industry has only been around for 15 years at any scale, and the last ten years have contained two of the biggest economic busts in the last one hundred years, and whilst there is much to do, and we certainly mustn’t be complacent, we shouldn’t expect that we can create a Silicon Valley over night.


To read the full, original article click on this link: Building an ecosystem to rival Silicon Valley | The Equity Kicker

The rock columns on the table are not much to look at. More than a metre long, 10 centimetres in diameter and mostly made up of oil shale and sandstone, they are a dull greyish green. But these, says Wang Chengshan, a geologist at the China University of Geosciences in Beijing, "are not ordinary rocks".

Taken from depths of more than 2 kilometres into the Songliao Basin in northeastern China (see map), the rocks may hold clues to one of the strangest and most dynamic ages of Earth's history: the Cretaceous period. Beginning about 145 million years ago, the Cretaceous was the heyday of the dinosaurs. It was a time of climatic extremes, when global temperatures exceeded even the most alarming forecasts for the greenhouse world of 2100, and sea levels were up to 250 metres higher than today, covering about one-third of the current landmass. It was also a period of great geological and biological unrest, associated with frequent volcanic eruptions, the formation of major mountain ranges and ocean oxygen depletion. And it ended in spectacular style, with the global catastrophe that saw off dinosaurs some 65 million years ago, an event known as the Cretaceous/Palaeogene (K/Pg) extinction.


To read the full, original article click on this link: Geology: A trip to dinosaur time : Nature News

Author: Jane Qiu

iris scannerLast month, we reported on Global Rainmakers Inc. (GRI), a biometrics R&D firm that's bringing iris scanning technology to Leon, Mexico. GRI aims to make Leon "the most secure city in the world" by dotting the city with scanners and creating an iris database to track all residents. Now, it appears the technology will be crossing the border sooner than we expected.

Today, it surfaced that the Department of Homeland Security is planning to test GRI's tech at a border patrol station in Texas, where it will be used to monitor illegal immigrants. Rather than continue to rely on oft-unreliable fingerprints, the DHS is experimenting with the scanners to see whether they have a viable future for border security.


To read the full, original article click on this link: Homeland Security Department Begins Using Iris Scanners to Track Illegal Immigrants | Fast Company

Author: Austin Carr

A few months ago, I wrote about why I believed that Russia’s planned “science city” was destined for failure, in my BusinessWeek column. I predicted that it would follow the path of the hundreds of cluster development projects before it. Political leaders would hold press conferences to claim credit for advancing science and technology; management consultants would earn hefty fees; real-estate barons would reap fortunes; and as always happens, taxpayers would be left holding the bag. You don’t read about the failures of tech clusters all over the world, in countries like Japan, Egypt, Malaysia, and in many regions of the United States. That’s because they die slow, silent deaths. And that is the way nearly all government-sponsored innovation efforts go.

Given my scathing criticism, I had expected the Russian Federation to declare me persona non grata. Instead, I got an urgent call from Ellis Rubinstein, president of the New York Academy of Sciences.  He said that the Honorable Ilya Ponomarev, head of the high-tech subcommittee of the Russian State Duma (Russia’s parliament) had asked the academy to prepare a detailed report on this subject. And they wanted my input. Ellis also asked whether I would accompany his team to Russia to discuss the issue.  I wasn’t sure if this was an elaborate scheme to have me locked up in a Russian gulag, but I hold Ellis in such high regard that I agreed.


To read the full, original article click on this link: Can Russia Build A Silicon Valley?

Author: Vivek Wadhwa

Center for Women's Business Research Elects Next Chair of the BoardJuly 14, 2010, Washington, D.C. Dr. Patricia G. Greene, former Provost of Babson College where she currently holds the the title of F.W. Olin Distinguished Chair in Entrepreneurship was just elected to a 2 year term as Chair of the Board of the Center for Women's Business Research. The Center, a 20 year old Washington, DC based research organization dedicated to women's entrepreneurship, provides data driven-knowledge which helps advance the economic, social and political impact of women business owners and their enterprises.

To read the full, original article click on this link: W-Biz Insight

Most of the direct spending in the $787 billion stimulus bill passed in February 2009 was targeted at infrastructure projects that could begin immediately and provide a quick injection of jobs into a reeling economy. But the legislation also provided more than $50 billion in grants to deploy energy and information technologies, and that money will take longer to spend. While the ultimate economic value of the investment is yet to be determined (see "Cash for Infrastructure"), the map above shows that the money is at last beginning to flow. The bar shows how much money was authorized, how much of it has been awarded to specific projects, and how much has been paid out. While just $381 million of the $7.2 billion authorized to bring broadband to rural areas had been spent as of June 30, for example, nearly $2.5 billion has been awarded, and the rest should be spoken for by September. The Department of Energy, which controls $32.7 billion for clean energy, has also picked up the pace, awarding hundreds of grants to projects around the country.

To read the full, original article click on this link: Technology Review: Taking Stock of the Stimulus

Author: Matt Mahoney

tech mediaThere's been a lot to celebrate about the UK technology scene over the past year. From the reported $400m (£260m) acquisition of London-based social games company Playfish by Electronic Arts in November, to the $20m acquisition by Nokia of niche-but-chic travel site Dopplr last September, there's a new optimism and direction in the market.

"The gloom has gone," says Matt Mead, managing director of investment for the National Endowment for Science, Technology and the Arts (Nesta). "The venture capitalists might be having a more challenging time, but there's no shortage of chief executives with great ideas. From the internet and digital media scene in London or the games market in Dundee, to web science in Southampton and Cambridge – where there more than 1,000 high-tech startups – there are pools of talent across the UK."

To read the full, original article click on this link: Tech media | Appetite for innovation returns | Tech Media Invest 100 | guardian.co.uk

SuperAngel VC Smackdown!Yesterday morning I attended a fascinating session in Palo Alto that points to the future of venture capital in Silicon Valley. Provocatively framed as a “smackdown” between traditional VCs and a new class of Super Angels, it instead highlighted the future rebirth of innovation in Silicon Valley.

Venture Capital has been in its own Lost Decade with negative returns since 2000 after three glorious decades during the Era of Moore’s Law. Moore’s Law continues, but innovation has moved higher in the technical stack at the same time as the Politics of Envy have greatly plucked the Golden Goose of American innovation. This last decade brought us horrific laws like Sarbanes-Oxley, which raised the cost of IPOs, and tragic policies such as the demonization of stock options which have been pecking the growth engine to death.

To read the full, original article click on this link: SuperAngel VC Smackdown!

Author: Duncan Davidson

The market for initial public offerings remains badly broken in the aftermath of the financial panic of 2008, but its malaise began even earlier.

"The ecosystem that allowed young companies to go public has been destroyed," said venture investor Robert Ackerman Jr., founder of Allegis Capital in Menlo Park.

His views echo a report co-authored by David Weild of the GrantThornton accounting firm, which traces the IPO slump to market and regulatory developments over the past decade.

To read the full, original article click on this link: Instead of IPOs, startups look to be acquired

Author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Creating a culture of high performance is a common aspiration for many business executives. Most look to tougher appraisals, forced ranking and highly differentiated pay to increase performance. But do these methods actually improve performance? More importantly, which methods deliver the biggest bang for the buck?

In 2003, the Corporate Executive Board conducted a study to determine the effectiveness of 105 performance drivers. These included various types of training (e.g., management development, IT, sales), performance appraisals, incentives, bonuses and 360-degree feedback. The research team gathered performance data on 19,000 employees and managers across 34 companies, seven industries and 29 countries to determine what works.

To read the full, original article click on this link: Improving Performance: The Innovators - TheStreet

Author: Brad Hall

brainThe thoughts are there, but there is no way to express them. For "locked in" patients, many with Lou Gehrig's disease, the only way to communicate tends to be through blinking in code.

But now, words can be read directly from patients' minds by attaching microelectrode grids to the surface of the brain and learning which signals mean which words, a development that will ultimately help such patients talk again.

"They're perfectly aware. They just can't get signals out of their brain to control their facial expressions. "They're the patients we'd like to help first," said University of Utah's Bradley Greger, an assistant professor of bioengineering who, with neurosurgery professor Paul House, M.D., published the study in the October issue of the Journal of Neural Engineering.


To read the full, original article click on this link: Mind-Reading Devices to Help the Speechless Speak : Discovery News

Author: Alyssa Danigelis

Shadow ITThe read/write enterprise isn't just about using social media in the enterprise - increasingly, it's about employees actively choosing the technologies they use to get their jobs done instead of relying on decrees from on high about what sorts of technology to use. The term " Shadow IT" refers to "IT systems and IT solutions built and used inside organizations without organizational approval." In the past few years, it's gone from being cosidered a problem to being consider something to be embraced and learned from. Thanks to SaaS, entire companies have been built on Shadow IT decisions.

Salesforce.com got its start selling to sales departments who needed a solution that IT wasn't having success providing. Now its a major player in enterprise. Here are five companies that are thriving in the shadows at enterprises large and small.


To read the full, original article click on this link: 5 Companies Thriving on the Rise of Shadow IT

Author: Klint Finley

Almost every company — and every leader — claims to want employees to honestly express their opinions. Almost everyone claims to hate “suck-ups” who just provide hollow praise to their bosses.

It’s a puzzling situation. If everyone hates suck-ups so much, why does so much sucking-up go on? The simple answer is that people tend to create an environment where others learn to suck up to them.

You’re probably thinking, “The Goldsmiths are making a good point. I see other leaders encouraging suck-ups all the time. Of course I find this to be disgusting!” It’s incredibly easy to see other leaders encouraging suck-ups. And it’s incredibly difficult to realize that you (without meaning to) may be doing the same thing.

To read the full, original article click on this link: Are You Training People to Suck Up to You? | BNET

Author: Kelly Goldsmith and Marshall Goldsmith

As part of a new stimulus package to encourage businesses to hire and invest, the president proposed to make permanent the research and experimentation tax credit.

How does that tax credit work? Very simply, the credit is calculated by counting research and experimentation costs, multiplying by a certain rate, and subtracting (or deducting) that amount from taxable corporate income. The more you research and experiment, the more you save on your taxes. (More here.)

To read the full, original article click on this link: 3 Questions About Obama's Tax Credit for Innovation - Business - The Atlantic

Scientists using electron microscope at Newcastle UniversityAddressing vice chancellors, he said he was shocked by how little teaching was valued in lecturers' promotions.

Universities that relegated the importance of teaching risked "losing sight" of their mission, he said.

Earlier, he defended plans unveiled on Wednesday to "raise the bar" on science research funded by the taxpayer.

To read the full, original article click on this link: BBC News - Universities too focused on research, says Willetts

The tab for the American Recovery and Reinvestment Act (ARRA) - one of the largest investments ever in the US economy - has been revised upward to $814 billion from the original $787 billion from 2009 through 2019, according to the Congressional Budget Office. And critics who say the current plan hasn’t worked worry that another stimulus plan might be in the works.

In the midst of the naysayers, the White House last month published its first analysis of the impact of the 2009 economic stimulus package on advances in science and health, claiming successes in funding innovation in fields such as solar power, electronic health records, high-speed rail, and new battery technologies.


To read the full, original article click on this link: Science|Business US stimulus funding is boosting innovation

eric schmidt, google, terminatorGoogle's big search event is over. It went on for a solid 90 minutes, but in the end, only one thing was announced: Google Instant.

So what is Google Instant, and what took so long? Here's what you need to know:

  • Users who go to Google's home page now see search results updating live as they type text into the search bar.
  • The live search results aren't based just on what you've typed so far, but rather on Google's best guess at what you will end up typing, as predicted by Google Suggest.

To read the full, original article click on this link: Here's Everything You Need To Know About Google Instant

Author: Nick Saint

A water filter under development at Stanford University removes bacteria from water quickly and without clogging--and could lead to a simple and inexpensive method of cleaning water for the developing world. The device, which uses a piece of cotton treated with nanomaterial inks, kills bacteria with electrical fields but uses just 20 percent of the power required by pressure-driven filters.

At least a billion people have access only to water contaminated by pathogens or pollution. "There is a huge need for an extremely robust, low-cost filter material that does not require a lot of power," says Mark Shannon, who directs a center of advanced materials for water purification at the University of Illinois at Urbana-Champaign. "Most places that need this the most do not have electricity at all, or at most a couple of hours a day," says Shannon, who is not involved with the research.


To read the full, original article click on this link: Technology Review: Clean Water for the Developing World

Author:

Two asteroids sped toward Earth but just missed humanity's home planet by what amounts to a cosmic hair's breadth on Wednesday, NASA said.

The asteroids, both measuring several meters in diameter but otherwise unrelated, were passing between the Earth and the moon, according to the space agency. "Neither of these objects has a chance of hitting Earth," NASA said.

To read the full, original article click on this link: Asteroids Just Missed Earth Wednesday -- InformationWeek

Author:

WASHINGTON — September 8, 2010 — Research!America today called on Congress to take legislative action that will allow federal funding for human embryonic stem cell research to proceed, in light of U.S. District Judge Royce Lamberth’s refusal yesterday to lift his recent injunction on federally funded research using embryonic stem cells.

Research!America strongly supports the Stem Cell Research Advancement Act (H.R. 4808) introduced in March 2010 by Representatives Diana DeGette (D-CO) and Mike Castle (R-DE) that would allow federal funding for ethical research using human embryonic stem cells.

To read the full, original article click on this link: Research!America asks Congress to support embryonic stem cell research now | Science Blog


Google CEO Eric Schmidt said that the future of search was blazing-fast, “autonomous” searching that constantly provides users with results. He made the comments at a keynote speech at the German IFA home electronics event in Berlin Tuesday.

But autonomous search isn’t really search as we think of it — a user querying a massive database to get a result. Schmidt likened it to telling a user what he or she didn’t know, but was probably interested in seeing. Google already sees more than a billion searches cross their servers daily, and providing an automated process that is constantly providing search data can only boost those numbers.


To read the full, original article click on this link: Google’s new search mantra: “Did you know?” | VentureBeat

Author: Matthew Lynley

Countries, from the U.S. to Japan, regularly accuse China of copying designs. Indeed, multinational companies in these countries spend an inordinate amount of time and money trying to prevent their products from being copied. But Shanzhai -- "copycat" design --represents a vast business opportunity.

Shanzhai is an open platform for grassroots innovation: Apple, Nokia, and Samsung smartphones get copied, but the knockoffs adapt the original designs in ways that appeal to Chinese customers. For example, Shanzhai designers might add a flashlight, key in areas with unstable electricity.

To read the full, original article click on this link: What Knockoffs Can Teach Companies About Chinese Markets | Co.Design

A number of universities have entrepreneurship programs or departments that are separate and distinct from their TTO, but the University of Cincinnati has apparently decided that when it comes to marketing IP “one head is better than two,” and has merged its Office of Entrepreneurial Affairs and its Intellectual Property Office (IPO) into a single unit — the newly created Office of Entrepreneurial Affairs and Technology Commercialization. The office is headed by Dorothy H. Air, PhD, associate VP for entrepreneurial affairs, who had been in charge of the Office of Entrepreneurial Affairs.

“We’ve had the IPO for a long time, and the Office of Entrepreneurial Affairs for past 10 years,” says Air, “but they were set up with somewhat different agendas. The IPO took a more traditional approach, handling licensing agreements, for example, while the Office of Entrepreneurial Affairs also sought to commercialize IP coming out of our research programs — but more down the start-up path.” The IPO, she adds, historically has sought private sector partners to commercialize technology developed at UC.

To read the full, original article click on this link: U of Cincinnati merges commercialization offices | IP Marketing Advisor

I’ve asked many general partners this question over the course of my 20-year career. It seems to be a reasonable question, especially for venture funds that are nearing their five-year anniversary.

What I’m looking for is the fund manager’s view of which companies look like winners and which companies aren’t quite cutting it, so that they can manage the portfolio to support only those that deserve additional capital. I understand this is an extremely difficult exercise—especially for very early-stage companies or when the outcome is truly binary, like with many health care investments.

I would suggest that picking the winners from the losers—and more importantly, effectively managing the fund’s capital—is specifically the role of the GP (and for which the limited partners pay a management fee). Keeping that in mind, maybe the better question to ask is, “How are we going to make money in this fund?”

The natural tendency is for VCs to talk to LPs only about their portfolio companies and omit a broader discussion about the fund. While this level of detail is important, the discussion I’d also like to have is more holistic in nature. I want to hear about how a VC incorporates the performance of an individual company investment into a broader view on the projected outcome of the fund.

To read the full, original article click on this link: peHUB » Are We Going To Make Money In This Fund?

Author: Lisa Edgar

A water filter under development at Stanford University removes bacteria from water quickly and without clogging--and could lead to a simple and inexpensive method of cleaning water for the developing world. The device, which uses a piece of cotton treated with nanomaterial inks, kills bacteria with electrical fields but uses just 20 percent of the power required by pressure-driven filters.

At least a billion people have access only to water contaminated by pathogens or pollution. "There is a huge need for an extremely robust, low-cost filter material that does not require a lot of power," says Mark Shannon, who directs a center of advanced materials for water purification at the University of Illinois at Urbana-Champaign. "Most places that need this the most do not have electricity at all, or at most a couple of hours a day," says Shannon, who is not involved with the research.


To read the full, original article click on this link: Technology Review: Clean Water for the Developing World

Author: Katherine Bourzac

South Korea -- one of the world’s most wired countries -- plans to commercialize the so-called “smart television sets” over the next two years, the Ministry of Knowledge Economy said Tuesday.

The government said it was focused on research and development and related rules and regulations to help speed up the commercialization process.

“Companies already have the technology for smart TV, but the industry requires an overall streamlining of related regulations and possibly more research and development in order to allow commercialization,” said one ministry official. “In short, we need the right infrastructure in place.”

To read the full, original article click on this link:

Author: Kim Ji-hyun

Lloyd ShefskyAt some point, a growing business moves from being an entrepreneurial company to being a managed one. And if the entrepreneur can't make the leadership transition — or isn't willing to relinquish control to a professional manager — the company will fail.

This happens because entrepreneurs and managers measure risk and reward differently. Most managers are so risk averse, so committed to comparing risk and reward, that they cannot be entrepreneurs. Similarly, the entrepreneur is so risk-willing that he may destroy the mature business he started.

Another factor is improperly motivating employees. The entrepreneur is a classic swashbuckler who waves a sword and yells, "Let's take the beach!" His or her people eagerly follow — regardless of whether or not they're well prepared for the attack. On the other hand, the managerial leader checks out different beaches and analyzes which one to take first and which employees are best to deploy. The manager is safeguarding the company's many assets. The entrepreneur is forced to accomplish goals with very few assets; he or she is compelled to risk assets, or the job cannot get done.

To read the full, original article click on this link: Edward Lowe Foundation

Author: Lloyd E. Shefsky

Article Main PictureThe University of Central Florida pumped more than $1 billion into the local economy in the past 11 years thanks to cutting-edge researchers in engineering, education, medicine and many other fields.

UCF researchers were awarded a record $133.3 million in external research funding in 2009-10.

The impact of those research dollars fuels and diversifies Central Florida’s innovation economy. Many researchers take their projects from the lab to the marketplace, creating new jobs and sometimes enticing companies to move to or expand in Central Florida.

To read the full, original article click on this link: UCF Newsroom

Author: Barb Abney

I was thumbing through Twitter messages on my Blackberry on Monday (I use Twitter as a “mobile first, web second” product) when I saw the following Tweet (see graphic).

I resisted the temptation to jump in with a response because I knew it was too complicated of a topic to discuss on Twitter.  But I thought I should do a quick post on the topic.

1. Options are gravy - I lived through the first dot com era where we used stock options as a recruiting tool.  I freely admit this (along with nearly everything between 1999-2000) was a mistake.  We set our sites on our IPO price and then worked back to our current valuation and  showed potential employees what we thought they could earn (with all legal caveats) if the company was successful.


To read the full, original article click on this link: How to Discuss Stock Options with Your Team | Both Sides of the Table

Author: Mark Suster is a 2x entrepreneur who has gone to the Dark Side of VC. He joined GRP Partners in 2007 as a General Partner after selling his company to Salesforce.com. He focuses on early-stage technology companies. Read more about Mark.

St. Louis, MO, September 7, 2010 — Food manufacturers advertise a variety of foods on grocery store shelves by using nutrient claims on the front of packaging. A study in the September/October issue of the Journal of Nutrition Education and Behavior evaluates how consumers are interpreting certain carbohydrate-related content claims and the effects of claims on consumer perceptions of food products. Findings from this study reveal that consumers misinterpret low carbohydrate claims to have health benefits and weight loss qualities beyond their nutrition facts.

In the early 2000s, low-carbohydrate claims gained huge popularity in response to such books as Dr. Atkin’s New Diet Revolution and The South Beach Diet. In a study published in AC Nielsen Consumer Insights, it was noted that there was a 516% sales increase in low-carbohydrate food products from 2001 to 2005 showing that front of package claims can play a large part in consumer decisions.

To read the full, original article click on this link: Carbohydrate claims can mislead consumers | Science Blog

“Entrepreneur is a person who habitually creates and innovates to build something of recognized value around perceived opportunities”

When people pursue opportunities to achieve personal goals and to realize personal ideals, entrepreneurship comes into being. Entrepreneurship is what drives human lives to change for the better because entrepreneurs put their theoretical innovations into practice. Indeed, entrepreneurship is the result of combining personal creativity and business innovation. Under the drive of business innovation and entrepreneurship, intelligence and innovation are, therefore, invigorated to brighten human lives. All blockbuster products and services are first born of creative ideas. Also, at a time when traditional jobs are disappearing, you will be more likely to recognize and profit from new opportunities. Here are some suggestions for fostering ingenuity.

Successful new products are usually associated with `idea-centric’ creativity. The greater the number of creative and relevant ideas put forward, the more likely it is that successful new products will emerge. And real-life experiences often help to anchor and focus creativity for maximizing the number of actionable new product ideas that can be generated.

To read the full, original article click on this link: CREATIVITY,INNOVATION,ENTERPRENEURSHIP | The Lost Ring

INNOVATION is one of the most seductive words in the business world. It conjures up visions of bold new products and processes, entrepreneurial heroism, market leadership and big financial rewards. Small wonder, then, that the study of innovation has attracted all manner of executives, scholars, government officials and other curious observers.

In the last three decades, a spate of authors has addressed this interest — thousands of books on amazon.com have the word “innovation” in their titles. And much of the existing literature has focused on the specific people, or groups of people, responsible for various breakthroughs. The often unacknowledged premise is that individual agency is the primary force behind effective innovation.

To read the full, original article click on this link: Off the Shelf - In New Books, a Look at People and Places That Innovate - Review - NYTimes.com

Author: NANCY F. KOEHN

There is a crisis occurring in 12.3% of the American population, otherwise known as Black America.

The crumbling economic infrastructure of the nation has impacted every industry, media included. As a former journalist who voluntarily resigned a position as Web editor of an award-winning daily newspaper (owned by Dow Jones Local Media Group and News Corporation) to pursue my own Internet startup, I am considered among many pioneers who are voluntarily or involuntarily transitioning from long-held careers to entrepreneurship and creative opportunities made available by the Digital Age.

Online Opportunity

The Internet has become the tool of choice for hundreds of millions to communicate and conduct e-commerce. It also serves as a low-cost, low-risk entry to entrepreneurship with extraordinarily high returns on investment. Consider some of the big winners:

  • 7 years ago Skype was created: Bought by eBay two years later for2.6 billion.
  • 6 years ago Facebook was created: Today it boasts more than 500 million users and owns 25% of the social ad marketing revenue worldwide.
  • 5 years ago Youtube burst onto the scene: Google (still a growing kid at the time) bought it for more than $1 billion.
  • 3 years ago Twitter created a paradigm shift in communications: Received $22 million in funding in 2008 and $35 million in 2009. It still hasn't settled on a specific revenue model but continues to grow in reach and influence.

To read the full, original article click on this link: Mike Green: Innovation Crisis in Black America, Pt. 1

Author: Mike Green

Researchers at The University of Western Ontario have provided the first direct evidence using a biological marker, to show chronic stress plays an important role in heart attacks. Stressors such as job, marital and financial problems have been linked to the increased risk for developing cardiovascular disease including heart attack. But there hasn’t been a biological marker to measure chronic stress. Drs. Gideon Koren and Stan Van Uum developed a method to measure cortisol levels in hair providing an accurate assessment of stress levels in the months prior to an acute event such as a heart attack. The research is published on-line in the journal Stress.

Cortisol is considered to be a stress hormone. Its secretion is increased during times of stress. Traditionally it’s been measured in serum, urine and saliva, but that only shows stress at the time of measurement, not over longer periods of time. Cortisol is also captured in the hair shaft.

To read the full, original article click on this link: Hair provides proof of the link between chronic stress and heart attack | Science Blog

IF you read the coverage of the latest figures on the sales of existing homes from the National Association of Realtors, you may well have come to the conclusion that the American dream is dead. It is indeed worrisome that sales in July were down 25 percent from a year ago.

But a little perspective is in order.

First, the bad news. What has happened in the housing markets since 2005 is a catastrophe that may take years for our economy to recover from.


To read the full, original article click on this link: Op-Ed Contributor - A Dream House After All - NYTimes.com

Author: KARL E. CASE

Note: TEDCO is the host sponsor for the 2010 NASVF annual conference in Baltimore, October 13-15, 2010.  For more information click here.

TEDCO acts independently as an entity which facilitates the conception and supports the growth of businesses throughout the entire state of Maryland. Established in 1998 by the Maryland General Assembly, TEDCO aspires to position itself as the top source of funding for seed capital and business assistance in Maryland. TEDCO links up and coming technology companies with research universities, business incubators, federal laboratories, and other forms of specialized assistance.

Each of the aforementioned companies were given around $75,000 by TEDCO’s Maryland Technology Transfer and Commercialization Fund (MTTCF). The MTTCF program aims to instigate a higher degree of collaboration between technology startups and Maryland colleges as well as federal labs in an effort to transition the developing technologies into the market.

The new class of 15 startups join the list of 119 local companies who previously have benefited from MTTCF funding. Companies who demonstrate enough potential to earn support from TEDCO tend to catch the interest of other angel investors and federal programs. $394.8 million in funding has been received by the 119 other companies after getting an initial push from MTTCF. Essentially, for every dollar that these companies receive through TEDCO, $42.4 of additional funding has been raised through other means.

Let’s take a look a the new class of MTTCF funded technology startups:
Amidus, LLC (Baltimore) – A company providing custom algorithm solutions with a number of applications, particularly for the events industry. They work with the University of Maryland Baltimore County (UMBC) Tech Center.

Cognapse, LLC (Baltimore) – A healthcare company focused on brain diseases and disorders related to aging, for example Alzheimer’s. They work with the Emerging Technology Center. Their first product, Remiva, is anticipated to launch in 2011.

CYNCZ, LLC (Germantown) – A company that is working to provide an automatic self-updating address book. They work with the Germantown Life Sciences Incubator to combine all sources of contact information including cell phones, e-mails, social networking sites, and Customer Relationship Management (CRM) softwares.

Differential Dynamics Corporation (Owings Mills) – A power generation company, also referred to as DDMotion, with an interesting agenda. They are working with the University of Maryland College Park (UMCP) to develop a new all-mechanical green technology called Infinitely Variable Motion Control (IVMC) which could be of use for power generation, vehicle transmissions, air conditioning, and compression. DDMotion aims to harness a larger percentage of the available energy generated through wind by using IVMC to convert ever-changing wind speed into a constant output.

Hememics Biotechnologies, Inc. (Rockville) – A company focused on optimizing the shipment of cell-based perishable products in an effort to extend shelf life. They work with the Shady Grove Life Sciences Center to develop ambient temperature shipping for in-vitro diagnostic reagent manufacturers of cells at a lower cost.

Nour Immunce, Inc. (Annapolis) – A company working on an anti-inflammatory agent. They’re working with the University of Maryland College Park (UMCP) to furnish a “proof of concept’ for the Federal Drug Administration (FDA) to demonstrate the effects of their new product, Nourexin-4, on a mouse model of H1N1 influenza infections. Nourexin-4 shows the potential to combat the excessive inflammation associated with other diseases such as Sepsis and Hepatitis C.

NutriGrown, LLC (Columbia) – A company focused on improving the soil environment that plants are grown in. They work with the United States Department of Agriculture Agricultural Research (USDA ARS) to produce matrix-based, soil nutrient products which are designed to reduce nitrogen and phosphorous leaching by up to 80%.
Omic Biosystems, Inc. (Rockville) – A company that works with the University of Maryland Biotechnology Institute (UMBI) to generate technology solutions for modern sciences related to biology such as genomics, proteomics, metabolomics and system biology.

Pearl LifeScience Partners, LLC (Baltimore) – A bioengineering company focusing on stimulating immune responses. They work with the Tech Center of UMBC to bioengineer “synthetic dendritic cells” which can evoke an immune response to foreign agents.

Plasmonix, Inc. (Baltimore) – A company that concentrates on fluorescent signal assays. They work with UMBI to develop Metal Enhanced Fluorescence (MEF) microplates that can be used for life science research, biohazard detection, and medical diagnostics.

Quantum Medical Metrics, LLC (Baltimore) – A company working with the UMBC Tech Center and the John Hopkins University Applied Physics Laboratory (JHU APL) to produce a high performance, affordable Forearm Strength System for measuring the force generated by forearm strength.

Remedium Technologies, Inc. (College Park) – A company focused on a hemorrhage controlling technology called “Nano-Velcro”. They’re working with UMCP to develop the wound care technology which rapidly self-assembles to form a clot-like seal upon contact with blood.

SAJE Pharma, LLC (Baltimore) – A therapeutic drug company working with Johns Hopkins University (JHU) to develop new drugs with advantages over the therapies currently available. Their lead compound, SPL-334, targets asthma.

Seguro Surgical, Inc. (Columbia) – A medical device developer working with JHU to produce the Lap Pak TM. Lap Pak TM is a medical device designed for the secure packing of bowels in order to expose the surgical site during major abdominal surgeries.

Viracine Therapeutics Corporation (Columbia) – A genetic company working with the USDA ARS to characterize and develop a set of genetic promoters for DNA containing viruses infecting invertebrates, like shrimp. They will hopefully be used to prevent plant diseases.

TEDCO Briefings: TEDCO holds briefings to inform companies how to use their funding programs to progress to the next level. The next briefing will occur at TEDCO’s office in Columbia on Friday, September 10 from 2:00PM to 3:30PM. Register via e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it. and put “Funding Briefing Registration” as the subject. This briefing will be free of charge.

TEDCO accepts applications for funding programs on a continual basis and reviews them monthly along with representatives from the Maryland Department of Business and Economic Development and affiliated venture capital groups. Applications are to be submitted with a formal proposal, plan for commercialization, necessary budget, and scope of work.

Could the iPad replace the college textbook? The University of Notre Dame is going to find out. This fall, as part of a year-long study on e-readers, students in the school's Project Management course will use Apple's wireless tablet for readings, note-taking, research, and whatever else they want.

Corey Angst, the professor teaching the course, told ND Newswire “We want to know whether students feel the iPads are useful and how they plan to use them." Perhaps Apple would like to know, too (the extent of the partnership between the school and the gadgetmaker is a little unclear).


To read the full, original article click on this link: Fightin' iRish: Notre Dame Class Switches to iPads - GOOD Blog - GOOD

The Junior Chamber of Commerce of Montreal (JCCM) and Anges Québec are proud to launch the 2010 edition of the Angel Investors Challenge. The mission of the Angel Investors Challenge is to help Quebec’s young entrepreneurs, in the seed, start‐up, or development stage, to create and develop their company by offering them the possibility to present their project to angel investors interested in investing their time and money to launch young companies to the next level.

“The new concept of the Angel Investors Challenge is designed to develop a new generation of entrepreneurs by offering selected candidates privileged access to a large network of private investors, a coaching program, media coverage, and networking opportunities. Through this initiative, the JCCM encourages and promotes audacious, innovative entrepreneurship that creates wealth in Québec” said Alexandre Doire, president of the JCCM.

To read the full, original article click on this link: 2010 Angel Investors Challenge Launched by Anges Quebec & Junior Chamber of Commerce « The RIC Blog

Author: Bryan Watson

Article ImageVenture capital firms are in the business of funding promising entrepreneurs. The conventional wisdom, which some say has fallen by the wayside as older firms have matured, is that returns are better when VC firms are entrepreneurial -- nimble, forward-looking, well connected and armed with an appetite for risk.

A new crop of investors -- dubbed "super angels" -- are trying to bring that model back into vogue, making deals that now giant firms like Kleiner Perkins Caufield & Byers and Sequoia Capital might have done in their younger days.

Filling a funding gap between so-called "angel" investors and VC firms, super angels combine the traits of both, while also putting a timely, web-savvy stamp on the process of starting and building companies. Super angels are often former entrepreneurs themselves; several came out of companies like Google and Paypal. They are exceedingly well connected among techies, conventional angels, larger VCs and most of all, each other.

To read the full, original article click on this link: VC 'Super Angels': Filling a Funding Gap or Killing 'The Next Google'? - Knowledge@Wharton

FRAMINGHAM, Mass. and BOSTON--(BUSINESS WIRE)--Mass High Tech, The Voice of New England Innovation, today announced that Richard Scannell, co-founder and senior vice president of GlassHouse Technologies, is among the recipients of its 2010 All-Stars Awards. The All-Stars Awards recognize 16 dynamic and influential leaders of New England’s innovation economy. This is the 15th year of the awards program.

This year, the honorees include, for the first time, two recipients of Mass High Tech’s Distinguished Achievement Award. That award recognizes an industry leader who has grown successful companies while also helping to nurture the region’s spirit of innovation and entrepreneurship. The 2010 Distinguished Achievement Award recipients are Ray Stata, founder of Analog Devices Inc. and Stata Venture Partners, and Bernard M. Gordon, founder of Analogic Corp. and NeuroLogica Corp.

“Ray Stata and Bernard Gordon are more than successful businessmen. They have given back to the community by inspiring future generations of innovators in the New England tech community through their work with our institutions of higher learning and as mentors and role models for hundreds of young entrepreneurs,” said Douglas Banks, publisher and editor of Mass High Tech.


To read the full, original article click on this link: Mass High Tech Names 2010 All-Stars of New England Innovation Economy | Business Wire


The main research windmills at NRELThe United States Mountain West has long been a hotbed of experimentation and innovation, due in no small part to a decades-long partnership between government, universities and private enterprise. Throughout the 20th century, the federal government invested in dams, transportation infrastructure and military installations that facilitated economic expansion and the emergence of new private industries.

And according to a new report released today by the Brookings Institution Metropolitan Policy Program, the Mountain West has a pivotal role to play in securing our nation’s clean energy future.

To read the full, original article click on this link: The Mountain West Can Lead The Way On Energy Innovation - Energy Source - How we power the world - Forbes

Author: Devon Swezey

What will be the “killer app” of Smart Grid?

Recently, President Obama announced grants of $3.4 billion for Smart Grid development. However, studies make it clear that given the mammoth size of the existing transmission and distribution (T&D) system, the new system will be built on the shoulders of the old. The existing T&D infrastructure will dictate the winners and losers in the Smart Grid space. The past is prologue.

The grid is in the early stages of a sea change. EPRI (Electric Power Research Institute) points out that up to 4% of the total electricity generated is lost in the T&D system. This equates to as much as $20.4 billion worth of energy.

Can’t we have both efficiency and reliability? Yes we can…if we learn these five lessons.

To read the full, original article click on this link: 5 Lessons for Smart Grid Business Success « Travel around the world.

The biggest news this morning in Green:

Is solar going down? — One venture capitalist is calling this the “sunset of solar venture capital.” Noting analysts’ bearishness on solar going into 2011, the Motley Fool’s Travis Hoium bets on First Solar, but says Trina Solar and Yingli Solar also have a shot at making inroads into the residential and commercial market where SunPower reigns supreme. Jigar Shah at Cleantech Blog picks at Fool’s metric of cost per watt, saying widening efficiency gaps have rendered those numbers moot. “In any case, solar is coming down in cost and the race is fun to watch.”


To read the full, original article click on this link: On the GreenBeat: Solar forecast sours, 2 million smart meters installed nationwide | VentureBeat

It took 13 years for the earliest venture investors to exit Arcot Systems Inc., a security software company that agreed to be acquired by CA Inc. yesterday for $200 million. The deal shows that the 10 to 12-year lifespan of most venture funds is only a guess as to how long it could take to get cash back to limited partners.

Onset Ventures, a seed investor in Arcot Systems, had to get permission from its limited partners to extend the life of its 1994 and 1997 vintage funds that invested in the company. Those extensions were never a problem for Onset, since it doesn’t charge any management fees after the 12th year of a fund, said Terry Opdendyk, one of the firm’s founders. (See our recent post about fund-extension issues.)


To read the full, original article click on this link: Good Things Come To Venture Firms Who Wait - Even 13 Years - Venture Capital Dispatch - WSJ

Author: Scott Denne

Consumerism Commentary

I don’t like the term “entrepreneur.” It’s not because it comes from French, though the word does have an interesting etymology. The first time the word was used in English, borrowed from Old French, it meant a “manager or promoter of a theatrical production” (source). The word has a different meaning now. Anyone who runs a business is an entrepreneur, but the word’s connotation goes beyond a dictionary definition.

Entrepreneurs are driven, singularly focused, relentless, and in some cases, shady or sleazy. Not all share these negative aspects, but I often think of a man trying hard to sell his products or services to a mismatched customer, perhaps bending the truth or relying on unsophisticated marketing tactics. These aspects come to mind when someone is identified as an entrepreneur, even if it is not always true. Thus, I don’t particularly like being considered an entrepreneur, though I am happy to call myself a business owner.


To read the full, original article click on this link: Ten Tips for Entrepreneurs

Author: Flexo

Are you a blogger in Philadelphia?

The city wants to have a drink with you.

Officials from the Office of Arts, Culture, and the Creative Economy (sounds nice so far) and the (here it comes) Department of Revenue are cohosting a "Bloggergate Happy Hour" next Wednesday in Old City for, as they put it, "bloggers, entrepreneurs, freelancers, artists, and creatives."

The city hopes to answer any questions about the business-privilege license and tax that have riled Philadelphia bloggers, especially the vast majority making very little or no money from their endeavors.


To read the full, original article click on this link: Philadelphia to host happy hour to woo bloggers | Philadelphia Inquirer | 09/01/2010

Author: Robert Moran

Yesterday I went to the private “Geeks on a Boat” party, co-hosted by Zozi and 500 Startups.

Zozi, which helps users find unique things to do in their city, just launched and threw the party to bring their investors, advisors, and journalists together to have a good time.


After a lot of partying, I took away 3 key things: When you throw a launch party, make it match what your startup is all about.
Zozi is all about fun and adventure and they showed it at their launch party, which included sailing, beer/wine tasting, a BBQ taco line, and dancing to a live DJ in one of the most beautiful cities in the world.

To read the full, original article click on this link: StartupDigest: 3 Takeaways from "Geeks on a Boat"

Notwithstanding the seriousness of today's global challenges (climate change, economic doldrums, food safety, et. al), we've faced equally daunting things in the past, and have always marshaled enough ingenuity and dedication to overcome these tests. So what’s different today? Perhaps it's the breadth and complexity of what we're facing. For the first time, policymakers are forced to confront what might otherwise be considered "individual choices." In the aggregate, these personal choices become a very public cluster of problems.

It's time for individuals to play a role as agents of change -- to understand the very "public" consequences of their private actions. Policymakers can help make this happen by crafting and broadcasting messages that reach the masses, but still connect with deeply personal motivations.

To read the full, original article click on this link: Solving the World's Toughest Problem: Turning Public Policy Into Private Action | Co.Design





Welcome to the second season of Work Smart with Gina Trapani. This week, Suhasini Kotcherlakota, an instructional designer at the UNMC College of Nursing in Omaha, NE, asks for smart advice on taking thorough meeting notes. Gina offers her tips, and then calls on Brad Isaac of Persistence Unlimited to learn his techniques.


To read the full, original article click on this link: Work Smart 2: How to Take Smart Meeting Notes | Fast Company

Author: Gina Trapani

Researchers pushing the furthest boundaries of science and technology can spend a lot of time contemplating the intangible. The AlloSphere, a three-story-high globe that facilitates interactive 3-D visualizations of data, is designed to help. Located at the California NanoSystems Institute at the University of California, Santa Barbara, the facility enables scientists to dive into data in unprecedented ways. Inside the sphere, they can get their hands on the atoms making up the crystal structure of new solar-cell materials or enter a brain and hear its activity.

Standing on a bridge suspended across the sphere’s center, a visitor contemplates a visualization of the quantum wave function of a hydrogen atom’s electron. When viewed through 3-D glasses, the model appears to hang in the air.

To read the full, original article click on this link: Technology Review: Living Data

Author: Tom Simonite

A “game-changing” technique using near infrared light enables scientists to look deeper into the guts of cells, potentially opening up a new frontier in the fights against cancer and many other diseases.

University of Central Florida chemists, led by Professor Kevin Belfield, used near infrared light and fluorescent dye to take pictures of cells and tumors deep within tissue. The probes specifically target lysosomes, which act as cells’ thermostats and waste processors and which have been linked to a variety of diseases, including types of mental illnesses and cancers.

The probes can be adapted to search for certain proteins found in tumors, which means they someday may help doctors diagnose and potentially treat tumors.

To read the full, original article click on this link: New infrared light may open new frontier in fighting cancer, Tay Sachs | Science Blog

Congratulations. You've blown some insulation into the attic, screwed in some compact fluorescent lightbulbs. Perhaps you replaced those old, drafty windows.

Energy-saving moves, all of them.

But that's nothing compared to what is coming at the Navy Yard.

Pennsylvania State University and a slew of partners plan to implement and develop the very latest in eco-friendly technologies at the South Philadelphia site, with the help of $159 million in federal and state grants announced last week.

"Dynamic" building facades that adjust in response to changes in outdoor temperature and sunlight. High-tech materials that remove humidity from the air without cooling it to the bone-chilling level of the typical air conditioner. Electronic sensors that perceive harmful particles in the air and activate filters when needed.

To read the full, original article click on this link: How Philadelphia's Navy Yard will become mini-city of energy innovation | Philadelphia Inquirer | 09/01/2010

Author: Tom Avril

ram island lighthouse web smallA Brunswick businessman is deploying an experimental financing model in an attempt to buy Ram Island Ledge Lighthouse in a government auction and keep it in Maine hands.

Bob Muller, a consultant with a background in IT and high-tech image mapping, is scrambling to crowd fund between $75,000 and $150,000 in individual $49 donations in order to buy the lighthouse in Casco Bay, which the U.S. General Services Administration is currently selling at auction. He launched a website yesterday and has begun a social media marketing blitz.


To read the full, original article click on this link: Social entrepreneur seeks to buy lighthouse | Mainebiz

Author: Whit Richardson

4857944855_9a15f2c5d8_bImages documenting more than half a century of NASA history have been posted on photo-sharing website Flickr.


Almost 200 pictures have been uploaded on the site. And just as if
they were your best friend’s vacation photos posted on the site, you can
add tags or keywords to the images to identify objects and people.


So, for the aerospace buffs out there, you have the chance to show off a bit and add what you know, as well as peruse some amazing pictures.
For those living in Southern California, there is some local flavor
because many of the events captured in the photos take place right here.


To read the full, original article click on this link: NASA posts archived photos on Flickr | Technology | Los Angeles Times

Google is partnering with U.S. Bancorp Community Development Corporation (USBCDC), a division of U.S. Bank; to create an $86 million Low-Income Housing Tax Credit (LIHTC) fund. According to a release issued today, the funding will be used towards the construction and operation of 480 affordable rental housing units for low income families and senior citizens in seven communities throughout the West and Midwest.

To read the full, original article click on this link: Google Invests $86 Million In Low-Income Housing

Author: Leena Rao

Internet companies have appropriated the real estate business’s mantra — it’s all about location, location, location.

But while a home on the beach will always be an easy sell, it may be more difficult to persuade people to start using location-based Web services.

Big companies and start-ups alike — including Google, Foursquare, Gowalla, Shopkick and most recently Facebook — offer services that let people report their physical location online, so they can connect with friends or receive coupons.


To read the full, original article click on this link: Location Sites Experiment to Attract Mainstream Users - NYTimes.com

Author: CLAIRE CAIN MILLER and JENNA WORTHAM

Microsoft co-founder Paul Allen lodged a patent suit Friday against AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Staples, Yahoo and Google subsidiary YouTube.

Microsoft is noticeably not named and reportedly has no license to the widgetry. It does own a piece of Facebook, however.

The motley 11 are charged with infringing four basic e-commerce and search patents that belong to the Allen-owned Interval Licensing LLC, all that remains of the now defunct Interval Research Corporation that Allen and David Liddle started in 1992 to do advanced next-generation R&D.

To read the full, original article click on this link: Paul Allen Sues Everybody Who’s Anybody over Patents | SYS-CON MEDIA

Author: Maureen O'Gara

There are 17 rare earth elements (REEs). They have names like lanthanum, europium and yttrium. And they're critical to a variety of high-tech products and manufacturing processes, including catalytic converters, petroleum refining, color TV and flat panel displays, permanent magnets, batteries for hybrid and electric vehicles, medical devices, and various defense systems like missiles, jet engines, and satellite components.

About 124,000 metric tons of REEs were produced in 2009, with worldwide demand during this period estimated to be 134,000 metric tons -- the difference have been made up from existing stockpiles. By 2012, worldwide demand is expected to reach 180,000 metric tons while mining operations are not expected to keep up with demand in the near term.

To read the full, original article click on this link: The Rare Earth Element Crisis -- InformationWeek

Author:

Cars are becoming more computerized, an evolution that could have an unintended side effect: vulnerability to attacks. Researchers at the University of Washington and the University of California, San Diego, led by Tadayoshi Kohno and Stefan Savage, recently showed that by taking over a car's computers, they could disable the brakes, stop the engine, and control the door locks. For now, most of the attacks require access to a port inside the car. But wreaking havoc could get easier as carmakers add more wireless connectivity. The researchers hope their work will motivate manufacturers to add security features.

To read the full, original article click on this link: Technology Review: Taking Over a Car

Author: Erica Naone

Is it conceivable that one of our greatest inventions, the phone number, is about to face extinction?

Just ask Mark Zuckerberg. Earlier this year, when asked if Facebook would be around in 100 years, as long as Ma Bell has been around, Zuckerberg responded, “I don’t know. But I don’t know how long telephones will be around for.”  Will they be around for ten more years? I’ll go even further. It may not even take 5 years for the phone service, as we know it, to meet its demise.


To read the full, original article click on this link: Phone Numbers Are Dead, They Just Don’t Know It Yet

Last night saw the conclusion of the second annual Singularity University, a ten-week graduate program designed to help some of the globes best and brightest understand the implications and opportunities of exponentially increasing technologies. Their task? To use those new technologies to positively impact a billion lives.

"Singularity" refers specifically to a moment in the future in which artificial intelligence matches human intelligence. More broadly though, the conversation about the Singularity refers to the general implications of exponentially increasing technology. Put more basically, the idea is that technology is not just changing more rapidly, but the pace at which it is advancing is not linear but exponential.

This means that innovations that were recently unthinkable are now just around the corner. Our ability to fabricate nanomaterials, understand genomic code, and other similar advances all suggest a very different future. Some of the most notable implications have to do with the way we fight disease and customize medicine to our highly individual genetic makeups.


To read the full, original article click on this link: The Next Idea to Impact a Billion Lives | Social Entrepreneurship | Change.org

Author: Nathaniel Whittemore

Radiocarbon dating is used to determine the age of everything from ancient artifacts to prehistoric corals on the ocean bottom.

But in a recent study appearing in the Aug. 26 edition of the journal, Nature, a Lawrence Livermore scientist and his colleagues used the method to trace the pathway of carbon dioxide released from the deep ocean to the atmosphere at the end of the last ice age.

The team noticed that a rapid increase in atmospheric CO2 concentrations coincided with a reduced amount of carbon-14 relative to carbon-12 (the two isotopes of carbon that are used for carbon dating and are referred to as radiocarbon) in the atmosphere.

To read the full, original article click on this link: Large CO2 release speeds up ice age melting | Science Blog

When any new technology gets rolled out — whether it’s e-mail, text messaging or social media — it takes some time for best practices and effective strategies to cement themselves. And while many businesses (of all sizes) are still looking for ways to leverage social media, some techniques have already proven fruitful and can help your business expand its reach.

The key to turning your business into a social media marketing success is focusing on the fundamentals that already make your business great, and enabling your customers to spread the word about your exceptional products or services.

Here is a 5-step plan for linking your customers’ experience to the power of their endorsement, which will, in turn, bring more customers to your business:

1. Start with exceptional service.

Though providing your customers with positive, memorable experiences may seem an obvious suggestion, the importance of this first step cannot be understated. Whatever inspired you to first open your doors (or whichever services set you apart from your competition today) is what you need to focus on in every customer interaction you have.

To read the full, original article click on this link: 5 Steps to Building Your Social Media Marketing Plan

http://www.sba.gov WASHINGTON--(BUSINESS WIRE)--Small businesses won a record $96.8 billion in federal prime contracts in Fiscal Year (FY) 2009 (Oct. 1, 2008-Sept. 30, 2009), an increase of more than $3 billion from FY 2008, according to the U.S. Small Business Administration’s fourth annual small business procurement scorecard released today. This dollar amount represents 21.89 percent of all federal spending – an improvement over FY2008. Additionally, performance in each of the government’s socioeconomic subcategories increased for FY2009.

“Small businesses received a record $96.8 billion in federal contracts in 2009. There was an increase in both dollars and contracting share for every small business category. This represents real progress, but not enough, we must reaffirm our commitment to ensuring that the 23 percent goal is met and exceeded,” SBA Administrator Karen Mills said. “Federal contracts awarded to small businesses are a ‘win-win’ – providing small businesses with the opportunity to grow and create jobs, and offering innovative services and essential goods to the government at great value to the taxpayers.”

Small Business Goaling Summary Report

                           


          2009   2009   2008   2008


  Category   Goal   %   $   %   $


  Small Businesses   23%   21.89%   $96.8 billion   21.50%   $93.2 billion


  Women Owned Small Business   5%   3.68%   $16.3 billion   3.40%   $14.7 billion


 

Small Disadvantaged Businesses

 

5%

 

7.57.%

 

$33.5 billion

 

6.76%

 

$29.3 billion



  Service-Disabled Veteran Owned Small Business   3%   1.98%   $8.8 billion   1.49%   $6.4 billion


  HUBZone   3%   2.81%   $12.4 billion   2.34%   $10.1 billion


 
 
 
 
 
 

SBA is required to report to the President and Congress on achievements by federal agencies and departments against their annual goal to ensure greater accountability. The small business Procurement Scorecard fulfills that requirement by providing an assessment of federal achievement in prime contracting and subcontracting to small businesses by the 24 Chief Financial Officers Act agencies. It also measures progress that departments are making to ensure small business opportunities remain an integral part of their acquisition of goods and services to meet mission objectives.

The fourth annual Scorecard is an assessment tool (1) to measure how well federal agencies reach their small business and socio-economic prime contracting and subcontracting goals, (2) provide accurate and transparent contracting data and (3) report agency-specific progress. The prime and subcontracting component goals include goals for small businesses, small businesses owned by women, small disadvantaged businesses, service-disabled veteran owned small businesses, and small businesses in located in HUBZones.

As it does every year, the SBA has closely examined federal procurement reporting and data to ensure the greatest level of transparency possible. After identifying anomalies in initial reports, the SBA has worked collaboratively – and will continue to work – with agencies across the government to correct as many data issues as possible, and improve the integrity of all small business federal contracting reporting moving forward.

The Recovery Act and small business contracting

The American Recovery and Reinvestment Act (ARRA) provided additional resources to federal agencies in fiscal year 2009, providing additional opportunities for small businesses to win federal contracts. Through early August, small businesses have secured over 30 percent of Recovery Act Contracts. This preliminary data underscores the priority the Administration and the SBA have placed on increasing small businesses access to federal contracts so that they can grow and create jobs.

About the Scorecard

SBA graded 24 agencies on each of the individual prime contracting goals established by Congress and used a new A+ through F letter grade system rather than the previous red, yellow, and green ratings. The new scorecard format was implemented this year to provide greater clarity and transparency on how well each agency is doing in meeting its individual small business prime contracting goals.

Each federal agency has a different small business contracting goal, determined annually in consultation with SBA. SBA ensures that the sum total of all of the goals meets the 23 percent target established by law.

Each agency’s overall grade will show an A+ for agencies that meet or exceed 120 percent of their goals, an A for those between 100 percent and 119 percent, a B for 90 to 99 percent, a C for 80 to 89 percent, a D for 70 to 79 percent and an F for less than 70 percent. An agency’s overall grade was comprised of three quantitative measures: prime contracts (80 percent), subcontracts (10 percent) and its progress plan for meeting goals (10 percent).

The scorecards released today by SBA, as well as a detailed explanation of the new scorecard methodology, is available online: http://www.sba.gov/aboutsba/sbaprograms/goals/index.html.

As part of its ongoing efforts to increase access to contracting opportunities for small businesses, the SBA is continuing to work with federal agency procurement staff to strengthen the integrity of contracting data, including providing tools to facilitate public review of data, improvements to systems and training to improve accuracy.

Release Number: 10-48

To read the full, original article click on this link: Small Business Procurement Scorecard Shows Progress toward Meeting 23 Percent Goal for Small Business Contracting | Business Wire

Companies have been building ways to establish authority and credibility online since the beginning of the web.  Yahoo started life as ‘Jerry’s guide to the world wide web’, a site where Yahoo founders David Filo and Jerry Yang lent their authority to what they viewed as the best sites.  Google’s link based algorithm did the same thing, but scaled better because it was automated.  Turning from search to commerce, one of ebay’s great innovations was the supplier ratings system which put enough trust into the system for people to buy from other people they didn’t know.

More recently a lot of the innovation seems to be around looking for ways to lend authority to entities rather than content – entities can be people or businesses (often small businesses).

On the small business side reviews and recommendations are the most obvious way to extend the ebay concept to entities like restaurants, clubs, bars and other local businesses, and for the last couple of years a number of companies have been doing that with varying degrees of success – e.g. Yelp and Qype.


To read the full, original article click on this link: Establishing authority on the web | The Equity Kicker

PUNE: Universities need to shed their traditional academic approach in favour of an entrepreneurial disposition towards commercially realising their scientific research base, said Sir William Wakeham, Fellow of the Royal Academy of Engineering, UK and former vice chancellor of the University of Southampton, here on Friday.

Wakeham, also international secretary of the academy, stressed the necessity of introducing management processes for academic staff at the universities and the need to give them access to apt market information. "There is a need to bring in staff in the universities that understands commercial world. The university councils too need to have a better understanding of various risk profiles and need to be flexible in their approach," he said.

Wakeham, who is credited for taking the value of university spin-outs at Southampton to an all-time high next only to the Stanford University was delivering a lecture From university research to economic and social benefit' at the Indian Institute of Science Education and Research ( IISER), Pune, as part of the last leg of his ongoing India tour. Earlier this week, he visited the IISc, Bangalore, IIT-Kharagpur and the Jadavpur University.

To read the full, original article click on this link: Adopt commercial approach to research: UK Fellow - Pune - City - The Times of India

The word failure usually carries a negative connotation with it. Fear and failure are the usual human reactions to change. However success and failure go hand in hand to those that understand what it takes to succeed at anything, everything.

Failure can have duel reaction. A company or individual can get stuck in the fear of failure and never try anything new to move closer to success. A company or individual can also look at failure as simply a process of learning to change something that gets them closer to their definition of success.

Fear of failure is the main reason why more than 80% of people in the world are not prepared to change their circumstances. Why do people fear failure so much? The reason for this is because people don’t understand the dynamics involved in success and failure.


To read the full, original article click on this link: Successfully Failing Social |

Author: Jay Deragon

As an entrepreneur myself, I've been invited to guest lecture for many entrepreneurial programs in colleges from Harvard to the University of Michigan. But each time I stood before a group of aspiring entrepreneurs, I couldn't help wonder whether people could actually learn the needed skills and qualities to become a successful entrepreneur, or if those skills were inherent from birth.

So, I did some research and synthesized it with my own experience as an entrepreneur and came to the conclusion that people are born with some degree of the traits and characteristics needed to be a successful entrepreneur, but that these characteristics can be improved through education and experience.

Do you have the qualities necessary to be a successful entrepreneur? To answer that question, I have put together the questionnaire below to help young professionals find out if they have what it takes. Take the survey below of various psychological traits -- whether inherent or learned -- that could predict your ability to be the next Bill Gates, Meg Whitman or Larry Page. Give yourself one point for each of the characteristics below that describe you.

To read the full, original article click on this link: Kevin O'Connor: Nine Psychological Traits of an Entrepreneur: Do You Have What It Takes?

Author: Kevin O'Connor

One of the best places to put a solar panel is in the desert, where it's sunny. But deserts are also dusty, which means the panels have to be washed frequently so the dust doesn't stop them from capturing sunlight. New technology could provide a solution--by letting solar panels clean themselves.

The technology was developed for future rover missions to Mars, but it could work here on Earth to keep solar panels operating at peak capacity. It uses electrostatic charge to repel dust and force it to the edges of the panels. It can remove 90 percent of the dust on a solar panel in a two-minute cycle, says Malay Mazumder, a research professor at Boston University who led the work. The technology was described this week at the American Chemical Society meeting in Boston.


To read the full, original article click on this link: Technology Review: Self-Cleaning Solar Panels

Author: Kevin Bullis

During the 1990s, a new category of enterprise software called enterprise resource planning (ERP for short) spawned several multi-billion-dollar stalwarts, including SAP, PeopleSoft and Salesforce.com.  Early on, the market was fragmented, with several vendors fighting for dominance.  Over time, the market consolidated as Oracle and SAP emerged as market leaders that bought competitors, integrated product lines and merged workforces. 

The same thing is about to happen in the soft grid (Editor's note: 'soft grid' is GTM's terminology for the software layer of the smart grid) -- specifically, in meter data management, which pertains to software that automates billing by collecting and cleaning time interval power consumption data from millions of households, as frequently as every 15 minutes.  All of this data must be processed daily within tight time windows.  It's a keenly competitive software game where the ability to scale is assumed, and backup and security are table stakes.


To read the full, original article click on this link: Who Will Be the Kingpin of the Soft Grid? : Greentech Media

Author:This email address is being protected from spambots. You need JavaScript enabled to view it.

girl cover ears loud kidStrategy is focus, which is about saying no. Management, particularly in the world of entrepreneurship and small business, boils down to knowing when and how to say no.

On the surface, from the outside, that probably seems simple.

But try it and it gets a lot more complex.

For example, how do you say no to a new idea without stifling the flow of other new ideas? How do you say no to a bright young enthusiastic person without dampening that enthusiasm? Saying no can be as hard as nails.

To read the full, original article click on this link: How To Master The Art Of Saying "No"

Author: Tim Berry

In fall 2004, Kansas State University had just one Chinese undergraduate on campus. In fall 2009, there were 534.

The statistic would be staggering in any context, and yet the surge is merely an extreme manifestation of a national trend. Chinese undergraduate enrollment has soared at U.S. universities in recent years and, as another academic year begins, the trend line shows no sign of reversing. Nationally, Chinese undergraduate enrollment shot up 64.7 percent from 2006-7 to 2007-8, and another 59.8 percent from 2007-8 to 2008-9. According to the most recent Open Doors data, collected by the Institute of International Education, 26,275 Chinese undergraduates were enrolled at U.S. universities in 2008-9.

To read the full, original article click on this link: News: A Shifting International Mix - Inside Higher Ed

space mirrorUnless they involve extreme measures, geoengineering approaches to offset the effects of human-driven climate changes won't do much to combat rising sea levels, an international team of scientists reports in the Proceedings of the National Academy of Sciences1.

That is because sea levels respond slowly to changes in Earth's temperature, says John Moore, a palaeoclimatologist at Beijing Normal University and lead author of the study.

"We've got this 150-year legacy of fossil-fuel [burning], land-use changes, et cetera," he says. "You can't just slam on the brakes instantaneously."


To read the full, original article click on this link: Geoengineering won't curb sea-level rise : Nature News

Author: Richard Lovett

How to write proposals on projects addressing climate change
Basic information on how to write and present proposals to implement projects addressing climate change...[more]
http://www.fundsforngos.org/free-resources-for-ngos/how-to-write-proposals-on-projects-addressing-climate-change

How to write a Proposal for a community-based livelihood development project
A simple guide to help NGOs in understanding and developing a proposal for a community-based livelihood development project...[more]
http://www.fundsforngos.org/free-resources-for-ngos/how-to-write-a-proposal-for-a-community-livelihoods-development-project

Toolkit to help NGOs prepare themselves for conference presentations
Here is a toolkit providing information, tools and formats for NGO professionals to prepare themselves to make conference presentations...to better highlight their organization, their work and their issues...[more]
http://www.fundsforngos.org/free-resources-for-ngos/toolkit-on-preparing-conference-presentations-for-ngos

How NGOs can make the best use of volunteers
Volunteers are one of the most resourceful types of support an organization can receive to provide assistance in various aspects of organizational development. Whether it is to raise funds or provide technical training at the grassroots, volunteers can be of immense help. Here's a guide providing details on how to manage and make the best use of volunteers...[more]
http://www.fundsforngos.org/free-resources-for-ngos/a-free-guide-on-how-ngos-can-make-the-best-use-of-volunteers

How to write Job Descriptions for NGO Staff
Information that will guide NGOs to write job descriptions for their staff and ensure the effectiveness of their human resource policy...[more]
http://www.fundsforngos.org/free-resources-for-ngos/a-simple-format-for-ngos-to-write-job-descriptions-for-their-staff
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John Cleese on CreativityComedic legend John Cleese has an enviable resume: In the late 1960s, he became a member of the Monty Python troupe. After that, he starred in a number of movies and co-wrote and performed in the British sitcom Fawlty Towers. More recently, he cofounded Video Arts, a firm that makes entertaining training films.

Which makes this YouTube video all the more remarkable. In it, Cleese reflects on the early days of his career, and how he discovered the remarkable power of his subconscious mind to incubate and generate ideas while he slept. Cleese is a consummate storyteller, and brings his unique and humorous spin to the topic of creativity.


To read the full, original article click on this link: Innovation Weblog - Trends, resources, viewpoints from Chuck Frey at InnovationTools

Author: Chuck Frey

In the hierarchy of American Needs, the TV used to be paramount. But fewer and fewer Americans feel that they need a TV anymore. A headline-grabbing report from the Pew Research center titled “The Fading Glory of the Television and the Telephone” shows that more Americans surveyed say that they need their home computers (49 percent), cell phones (47 percent), and even microwave ovens (45 percent) than their TV sets (42 percent). The number of people who consider the TV to be an essential item dropped from 52 percent last year.

This is a stunning drop in a single year, and surely it shows that more people have their faces glued to their computer screens and cell phones, which is taking away from how they feel about their TVs. Except that is not what the data shows at all. The survey breaks out TV sets and flat screen TVs. Guess how many people consider a flat screen TV essential? It is 10 percent, which when you combine it with the regular TV sets, brings you back to 52 percent.


To read the full, original article click on this link: Fewer Americans Need TVs, But Only Because More Need Flat Screen TVs

Author: Erick Schonfeld

Transforming questions to ideasIn a recent set of tweets, I commented on the growing number of innovation competitions.  A number of you responded by sending me a list of competitions that you found interesting.  If you have more competitions, post them as comments below or send them This email address is being protected from spambots. You need JavaScript enabled to view it..  Given the challenges that are facing us as a society, getting the collective intelligence, creativity and sheer human ingenuity engaged is critical.  Do you think innovation competitions are the best way to attach problems??  If not via competitions, then how would you engage the most creative members of society?

Here is an initial list of three of the most interesting innovation competitions sent in from readers.


To read the full, original article click on this link: 3 Interesting Innovation Competitions | Phil McKinney - Sharing his experiences on innovation, creativity and ingenuity

Author: philmckinney

When Chris Van Buiten was at a White Zombie drag race a couple of years ago, he had a flash of inspiration when he saw the electric drag cars zip around the track in a flash. He thought: If this tiny electric car can beat this dragster down the line, what would happen if you could put an electric propulsion system in a helicopter?

That question propelled Van Buiten's curiosity when he returned to Sikorsky Innovations headquarters in Stratford, Connecticut. During a routine conference meeting, Van Buiten proposed making an electric helicopter. That fateful discussion laid the groundwork for the next two years.


To read the full, original article click on this link: An All-Electric Helicopter: How Far Will It Fly? : Greentech Media

Author:This email address is being protected from spambots. You need JavaScript enabled to view it.

A lot of folks are like “I would love to shoot a lot of Nerf darts at my friends and fellow cubicle dwellers, but my arm is too weak to keep pumping the Nerf gun. What can I do?” Dude. Get a Nerf Stampede ECS-50. This fully automatic gun shoots 18 darts in about a minute and includes 3 full clips and one smaller 5 dart clip. It also has a bipod and a blast shield.

To read the full, original article click on this link: Hands-on With the Nerf Stampede ECS-50

Author: John Biggs

Researchers at the Computer Vision Lab at ETH Zurich have developed a method to produce virtual copies of real objects that can be touched and sent via the Internet.

A 3D scanner records an image of the object. A sensor arm with force, acceleration, and slip sensors then collects information about shape and solidity, and a virtual copy is created on the computer. A user senses the object using a haptic (touch) device and views it with data goggles.

To read the full, original article click on this link: Exploring virtual copies of objects | KurzweilAI

 Across the world, wind technology produces as much political heat as electric light—stirring local arguments as well as global ones

“OF COURSE I’m all in favour of clean energy, especially wind power, but…” That is a familiar opening gambit in a new sort of political storm, raging ever more fiercely in corners of the world where electric power comes, or may soon come, from flashing blades rather than blazing furnaces.

The odd thing about conflicts over wind is that, usually, each side claims to be greener than the other. Opponents say a unique landscape or seascape is being overshadowed, to the detriment of tourists and residents alike. Wind power does undoubtedly pose some hazard to birds and other fauna; some say it harms humans. Others simply find wind turbines ugly, an eyesore in any location. Yet, compared with other power sources, the green credentials of wind are pretty convincing: it creates no waste, uses no water and (unlike solar panels) doesn’t need much room.



To read the full, original article click on this link: Wind energy and politics: Not on my beach, please | The Economist

SAnthonyomeone in India recently asked me what I thought about an innovation strategy featuring a heavy dose of "imitation." My response was, "Innovation isn't Olympic diving."

What did I mean? An individual diver's scores for an event are a factor of two things: how well they execute their dive, and the "degree of difficulty" of their selected dive. The more twists and turns you have, the more points you can earn.

You don't get points for degree of difficulty for innovation. You get points for producing profits. Sometimes you do have to take higher risk, more uncertain approaches to produce those profits. But the goal isn't making things any more difficult than they need to be. The goal is to find the quickest, cheapest path to profits. If that involves imitation, then so be it.

To read the full, original article click on this link: With Innovation, You Don't Get Points for Difficulty - Bloomberg

Author: Scott Anthony

Without question, one of the beneficial outcomes of the research conducted at CSU is the potential formation of a new startup company here in Colorado around a new technology.

While a part of the process certainly includes the legal transfer of the intellectual property rights from the Colorado State UniversityRF Technology Transfer Office to the newly formed company via a license agreement, the real work begins once the company has the license in hand.

One of the most challenging pieces of getting the newly formed company off the ground is obtaining the funding to advance the technology to the point of a viable product or at least to a point where the company can be acquired.

To read the full, original article click on this link: New CSU funding source helps early stage companies | coloradoan.com | The Coloradoan

Just how important is mobile to businesses these days? Does your company need an iPhone app or a mobile website? According to Pizza Hut, mobile accounts for half of all its orders, with users ordering pizza by way of SMS, mobile website and even an iPhone app.

Alongside Pizza Hut's claims, a recent study from comScore and Yellow Pages shows that local business search on the mobile Web can open a business to "younger, wealthier, on-the-go consumers".

In an article for Mobile Commerce Daily,. Pizza Hut CMO Brian Niccol is quoted as saying that "mobile accounts for almost 50 percent of our orders" and that mobile orders have actually surpassed orders via the Web from home.


To read the full, original article click on this link: Pizza Hut Says Half of Orders Will Come From Mobile [Update]

Author: Mike Melanson

America's role as an innovator is threatened, and Washington is finally starting to get it. The beliefs from the New Democrat Coalition, a group of pro-growth Members of Congress who believe in the opportunity to advance a common sense policy agenda recently published the following to illustrate their evolving thinking:

"In each of the last two centuries, American innovations have revolutionized the world. We believe that the 21st century should be America's century as well. America's innovative potential remains the foundation of its future prosperity. We believe in the power of new ideas to create unlimited and transformative opportunities for American workers and businesses. . . We also believe that smart government policies are vital for supporting American innovation."

To read the full, original article click on this link: Robert R. Ackerman, Jr.: Reinvigorating Innovation in America -- Washington Is Finally Starting to Understand its Role

Author: Robert R. Ackerman, Jr.

Every summer for the past nine years, water with lethally low concentrations of oxygen has appeared off the Oregon coast. The hypoxia may be a sign of things to come elsewhere, finds Virginia Gewin.

The dead fish were one of the first signs. In July 2002, scientists with the Oregon Department of Fish and Wildlife found unusual numbers of bottom-feeding sculpin lying lifeless on the ocean floor, which would normally be teeming with life. Crabs were also dying, and they washed up onto some beaches in large numbers.

Officials at the government agency asked Francis Chan, a biogeochemist at Oregon State University in Corvallis, for help in discovering the cause of the disturbance as quickly as possible. Chan was about to set off on a scheduled research cruise along the Oregon coast, so he grabbed all the extra equipment he could think of, including a brand-new oxygen sensor.


To read the full, original article click on this link: Oceanography: Dead in the water : Nature News

Author: Virginia Gewin

MYSTIC, Conn. — The shipbuilders are long dead, their knowledge gone. The shipyard no longer exists. No blueprints survive, nor ship’s models.

But the Charles W. Morgan is still here — the world’s last surviving wooden whaling vessel, built in 1841. And restorers are spending $10 million to turn the museum piece into a working ship able to ply the unruly sea. They plan to sail the ship on its first voyage in nearly a century, opening a new chapter in its long career.

Built in New Bedford, Mass., a bustling port known as the whaling capital of the world, the Morgan sailed the globe for eight decades in pursuit of leviathans, escaping fire and cannibals, Confederate raiders and Arctic ice. She brought home thousands of barrels of whale oil that lighted homes and cities. She also delivered tons of baleen, the horny material from the mouths of certain whales that was made into buggy whips and corset stays. In 1941, its centenary, the Morgan was towed to Mystic Seaport for museum display and in 1966 was named a national historic landmark.


To read the full, original article click on this link: Technology Aids Restoration of Whaling Ship Morgan - NYTimes.com

Author: WILLIAM J. BROAD

A new mathematical model of human throwing action suggests that current thinking about the biomechanical origin of error is wrong.

Here's a straightforward question. Imagine you are throwing a ball into a bin. Are you better off using an overarm or an underarm throw?

It turns out that this question has been surprisingly hard to get to grips with for physicists and biomechanicists alike. Today, however, Madhusudhan Venkadesany and Lakshminarayanan Mahadevan at Harvard University's Applied Math Lab, throw some additional light on the problem.



To read the full, original article click on this link: Technology Review: Blogs: arXiv blog: Why Physics and Not Biomechanics Determines Human Throwing Accuracy

Venture money going into San Diego-based companies continued to lag in the second quarter compared with the pre-recession years, with $171 million invested, most of it going to firms connected to the life sciences sector.

The latest report from PricewaterhouseCoopers and the National Venture Capital Association showed, for the second quarter, venture investment into area firms was down 24 percent from the first quarter of this year, and down 34 percent from the second quarter of 2009.

Despite the declining dollars, the San Diego region is holding up when compared with many other areas of the country, especially considering the dollars invested in biotech and life sciences firms, said Bill Molloie, partner at PricewaterhouseCoopers.

To read the full, original article click on this link: Venture Capital Investment Declines; Most Going to Life Sciences Sector | San Diego Business Journal

Author: Mike Allen

A German company hopes a synthetic diamond material, engineered at the nanoscale, becomes a shaver's best friend.

He's not some nouveau riche flaunting the newest kind of bling. He's the founder of GFD, a German company that for the last seven years has been selling blades that are coated with synthetic diamond and used for industrial purposes--such as medical scalpels and instruments that cut plastic sheeting. Now Flöter hopes to use the exceptional hardness of diamond to crack the multibillion-dollar market for consumer razor blades.

Seated in a café in Mannheim, Germany, a couple hours north of his office in Ulm (Albert Einstein's birthplace), Flöter whips out a plastic-handled razor that looks like ones you have at home. But inserted into this one is a prototype of GFD's diamond-tipped blades.


To read the full, original article click on this link: Technology Review: The Science of a Sparkling Shave

Author: Cyrus Farivar

One of the most important aspects of electric-car ownership might not be how they drive, or how far you’ll go on a charge, but how you’ll actually charge it in the first place.

That’s why we asked “What comes first, the car or the charger?“, with many potential EV owners waiting for a public charging network to appear so they can be sure they’ll have somewhere to recharge.

Yesterday we dialed in to a phone conference hosted by the Electric Drive Transportation Association, where representatives from groups including ChargePoint America, ECOtality, the Eaton Corporation and General Motors offered their views on the future of recharging for both the public and businesses alike.

So how will you be charging your own EV? Here we concentrate on home charging – as this will be the place the majority of charging will occur.


To read the full, original article click on this link: Charging your electric car at home: What you need to know | VentureBeat

Author: Antony Ingram, AllCarsElectric.com

WASHINGTON – A change in the color of ocean waters could have a drastic effect on the prevalence of hurricanes, new research indicates. In a simulation of such a change in one region of the North Pacific, the study finds that hurricane formation decreases by 70 percent. That would be a big drop for a region that accounts for more than half the world’s reported hurricane-force winds.

It turns out that the formation of typhoons — as hurricanes are known in the region — is heavily mediated by the presence of chlorophyll, a green pigment that helps the tiny single-celled organisms known as phytoplankton convert sunlight into food for the rest of the marine ecosystem. Chlorophyll contributes to the ocean’s color.

To read the full, original article click on this link: Ocean’s color affects hurricane paths — Science Blog

Author: bjs

When Song Zhang, a mechanical engineer at Iowa State University, was approached by U2's people last spring asking if the band could use his novel 3D imaging technology for a concert performance, he immediately sent an email to his lab asking: "Does anyone know who U2 is and whether or not we should spend time on them?"

Zhang had a similarly hard time two years ago deciding if collaborating with alternative rock band Radiohead on a music video for their single "House of Cards" was worth his time. "I don't know music at all," he's quick to admit. It was only when colleagues told him that the band was in fact "a very, very big deal" that he agreed.






To read the full, original article click on this link: Eye popping from MTV to the lab - The Scientist - Magazine of the Life Sciences

Author: Cristina Luiggi

We’ve all been in one or more situations where friends have recommended products or services that we should absolutely try and buy because it just worked for them. We’ve also watched boat loads of infomercials that try and sell you everything from slimming belts to construction tools.

What’s important to note is that these infomercials aren’t very different from traditional 30 second advertisements. However, they do run a lot longer (typically 30 minutes to an hour) and they include dozens of user reviews that convince you to pick up the phone and dial in to buy the product no matter how ridiculous the offering is. How do they do this? What makes you pick up the phone and share your credit card details? In this article, I’ll tell you why social proof is important and if done right, how it can influence your investors and clients to work with you.


To read the full, original article click on this link: The Importance of Social Proof

All Thing's D's Kara Swisher just posted a new interview with Digg founder and -- for now -- CEO Kevin Rose. Kevin is about to release a new, completely overhauled version of the social news sharing site that he hopes will help Digg regain some of its former hype. He is also closing in on hiring a new CEO, a job which he says is "a pain in the ass" and "something [he] wouldn't wish on [his] worst enemy." Kevin also goes into how Digg fell back to earth after its huge initial growth. When the economy tanked, he say, the company panicked, and began focusing entirely on ads and revenue, without releasing anything new. That's about to change.

To read the full, original article click on this link: Kevin Rose: Being A CEO Is "Something I Wouldn't Wish On My Worst Enemy"

Author: Nick Saint

In the technology world there are a few websites that most startups track to keep up with the latest financings, acquisitions, product announcements and gossip: BusinessInsider, TechCrunch, Mashable, GigaOm, etc.  In the VC & Private Equity world there’s a small number, too, with one of the most respected being PEHub.  That’s thanks to Dan Primack, founding editor.

To read the full, original article click on this link: My Chat with Dan Primack of PEHub | Both Sides of the Table

Author: Mark Suster

A Campus Force for Canada's Digital Future 1As Canada debates how to become a leader in the global digital economy, a new research center, the Stratford Institute, is calling for "unprecedented" forms of collaboration to make the most of new technologies for business, social, and cultural gains.

The institute begins its work amid concerns that Canada is lagging in its taking advantage of digital media, which encompasses a range of uses as varied as electronic health records, e-mail, multimedia creative arts, online businesses, and social networks.

Stratford differs from other research facilities in Canada in that it brings together leaders from business, government, and the creative sector to explore the gamut of digital-media issues.

To read the full, original article click on this link: A Campus Force for Canada's Digital Future - International - The Chronicle of Higher Education

Author: Jennifer Lewington

PetroAlgae, a company claiming that it has found a cheap way to convert algae into fuel — a goal that formidable competitors like Sapphire Energy and Solazyme are also chasing —  just filed for a $200 million IPO despite a weak public market for green companies. Early signs suggest that this move could do more harm than good to the burgeoning algae industry.

Many analysts already agree PetroAlgae has jumped the gun. The company doesn’t have any revenue (actually zero) — but that’s not the biggest concern. Most of the cleantech companies filing to go public don’t have any plans to escape the red anytime soon. Rather, the general consensus is that the algae market simply isn’t mature enough yet.

There are literally hundreds of companies chasing the dream of using algae in some way to produce car and jet fuels, not to mention chemicals for consumer products. But only a small handful have made any money to speak of, including Solazyme, Sapphire, Synthetic Genomics and Solix. PetroAlgae is far from the top of its field. Right now, it’s little more than a lofty claim that it can churn out algae-based fuel that’s competitive with crude oil at $20 a barrel.


To read the full, original article click on this link: PetroAlgae chances weak green IPO market with $200M filing | VentureBeat

Author: Camille Ricketts

The company has many social projects, but may struggle to improve on Facebook.

Rumors that Google is building a new social network have persisted since late June, when Kevin Rose, CEO of Digg.com, posted on Twitter that the Web giant was working on a challenger to Facebook. The company's recent actions--its reported investment in Zynga, a social gaming company, and its acquisition of Slide, a company that makes various applications for social networks--have fanned the flames.

Google already owns several products that encourage online social interaction--including YouTube, Google Talk, Google Reader, and Blogger. But it has struggled to deliver a successful dedicated social networking service. Its existing social network, Orkut, has far fewer users than Facebook (around 100 million, compared to 500 million), and is mainly popular in Brazil and India. And the launch of Buzz, a social network built into Gmail, was botched after users complained that their privacy had been invaded. Google has acquired several promising social services, including the microblogging site Jaiku and the location service Dodgeball, only to hold back on investing in them.


To read the full, original article click on this link: Technology Review: Can Google Get Social Networking Right?

Author: Erica Naone

Part 2 of our Venture Capital Human Capital Report covers the gender and education demographics of founders of venture capital backed companies. The entire report including part 1 is embedded below. Part 2 begins on page 23.

Some interesting highlights and data from the report are below.
women founders receiving venture capital

To read the full, original article click on this link: Venture Capital Human Capital Report – Gender and Education » CB Insights – Blog

Author: CB Insights

You know Doogie Horner one of two ways: As the guy who did the flowcharts that have, at some point, existed as your desktop: the Heavy Metal Band Names flowchart (see below), the Universal Comedy flowchart, the What to Say During Sex flowchart; or as the beardo comedian who's somehow survived three rounds of America's Got Talent.


To read the full, original article click on this link: Infographic of the Day: All the Futurism You Need, in One Chart | Co.Design

Author: Cliff Kuang

A 7-year-old's lemonade stand in Oregon is shut down because she doesn't have a temporary restaurant license.

The latest victim of licensing fees and requirements: A seven-year-old Oregon entrepreneur and her lemonade stand.

Julie Murphy aspired to the classic kid summer job after watching the cartoon pig Olivia run a stand on TV. Instead of setting one up in the front yard, her mother Maria Fife thought she'd have more customers if Julie waited for the Last Thursday monthly art fair in Portland, a grassroots fair that's something of a free-for-all.

So Julie made a list of supplies (this is the 21st century, so hers included hand sanitizer) and a hand-lettered poster that read "Yummy." She set up shop in a wheelbarrow, and the customers came for 50 cent glasses of lemonade even before she'd finished making the first batch.


To read the full, original article click on this link: Oregon Shuts Down 7-Year-Old's Lemonade Stand

Author: Courtney Rubin

Blown calls should be a thing of the past by now. New technology is helping refs avoid big flubs, catching fouls when they turn a blind eye or zeroing in on too-close-to-call plays through Matrix-style instant replay. We've already seen how successful these innovations have been deployed in tennis with its "Hawk-Eye" officiating; soon, this tech could be coming to football and also ... football.

A report out this week claims the NFL is in discussions with Cairos Technologies about possible "chip-in-ball technology." The german-based firm would be implanting microchips in footballs to help referees more accurately determine whether the pigskin had indeed passed first-down or touchdown lines. Cairos is also said to be bidding to bring the same technology to the soccer pitch. Both sports have been plagued with blown calls for years, and while the NFL currently uses instant replay for contentious calls, soccer has been especially tech-agnostic.


To read the full, original article click on this link: The Top 5 Blown Calls That Technology Could've Stopped | Fast Company

Author: Austin Carr

Eric Ries is the author of the blog Lessons Learned. He was the co-founder and served as Chief Technology Officer of IMVU, his third startup. He is the co-author of several books including The Black Art of Java Game Programming (Waite Group Press, 1996). In 2007, BusinessWeek named Ries one of the Best Young Entrepreneurs of Tech. He serves on the advisory board of a number of technology startups including pbWiki, Smule, 750i and KaChing.






To read the full, original article click on this link: Geeks on a Plane Presents: The New Entrepreneurship

Author:

a big groups of friends helps odds of survivalA meta-study covering more than 300,000 participants across all ages reveals that adults get a 50 percent boost in longevity if they have a solid social network

A long lunch out with co-workers or a late-night conversation with a family member might seem like a distraction from other healthy habits, such as going to the gym or getting a good night's sleep. But more than 100 years' worth of research shows that having a healthy social life is incredibly important to staying physically healthy. Overall, social support increases survival by some 50 percent, concluded the authors behind a new meta-analysis.

The benefit of friends, family and even colleagues turns out to be just as good for long-term survival as giving up a 15-cigarette-a-day smoking habit. And by the study's numbers, interpersonal social networks are more crucial to physical health than exercising or beating obesity.

To read the full, original article click on this link: Social Ties Boost Survival by 50 Percent: Scientific American

Author: Katherine Harmon

CAMBRIDGE, Mass., Aug. 4, 2010 — Foreclosure reduces the eventual sale price of a home by an average 27 percent, compared to the prices paid for similar properties nearby. Those nearby homes, in turn, could see their own prices depressed by 1 percent, if they happen to be within 250 feet of the foreclosed property.

Those are the findings of economists at Harvard University and the Massachusetts Institute of Technology who scoured records pertaining to 1.83 million Massachusetts home sales from 1987 to 2009. Their research, forthcoming in the journal American Economic Review, is the most rigorous and comprehensive analysis to date of the losses sustained on foreclosed properties.

“The losses on foreclosed homes proved to be much larger than we had expected,” says lead author John Y. Campbell, the Morton L. and Carole S. Olshan Professor of Economics at Harvard. “If anything, these results may underestimate losses on foreclosed properties nationwide, since Massachusetts has not experienced a housing boom and bust as pronounced as that seen in many other parts of the country in recent years.”

To read the full, original article click on this link: Foreclosure reduces a home’s sale price by 27 percent on average — Science Blog

Author: bjs

The makers of Readability, a simple bookmarklet tool that strips Web pages of everything but the content itself announced on Monday that users may soon liberate themselves from one of the web's miniscule tyrannies: The 'next' button that turns readers into pageview multipliers for publishers of online content.

Instapaper, a similar and much-beloved Web/Kindle/iPhone/iPad/Epub app is following suit, says its creator, Marco Armenti.

Both Readability, which was recently incorporated into Apple's Safari web browser, and Instapaper will, in short, turn every article into a sinle-page read whether its publisher wants them to or not.


To read the full, original article click on this link: Technology Review: Blogs: Mims's Bits: Death of the 'Next' Button

Please refer to the list of technologies below for licensing and research collaboration availability. If you can't find the technology you're interested in, please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it..

Advanced Materials


To read the full, original article click on this link: Technology Transfer: Available Technologies








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SAN FRANCISCO (KGO) -- The city of San Francisco is moving forward with an innovative plan to bring more life to an already lively neighborhood. The idea is to turn eyesores into mini-stores.

Robyn Goldman will soon be part of an only in San Francisco experiment. Right now her popular ice cream company, Smitten is limited to festivals and fairs.

But by the end of next month a vacant lot could be her business address.

"It's such an interesting innovative project. We are doing a similar approach with ice cream, rethinking the ice cream experience with made-to-order ice cream in an artisan way," she said,

Goldman's company is going to be one of several "pop up stores" expected to be housed in recycled shipping containers.

To read the full, original article click on this link: Pop-up shops bring innovation to vacant lots in San Francisco | abc7news.com

Author: Carolyn Tyler

A hydraulic hybrid technology lets trucks burn a third less fuel than they normally would.

A new kind of hybrid technology for heavy-duty vehicles uses hydraulics, rather than batteries, to store energy. Trucks using the system promise to be 30 percent more fuel-efficient than conventional vehicles. The system could also cost less than similarly performing hybrid technology that requires batteries.

The city of Ann Arbor, MI, which is rolling out four garbage trucks that use the technology, is among the first in North America to use such trucks. It was also among the first to receive funding for them through the U.S. Department of Energy's Clean Cities Program, which is intended to help local governments reduce fuel consumption. The technology could help cities and trucking companies meet the new fuel-economy regulations for heavy-duty vehicles that are now being drafted by the U.S. Environmental Protection Agency.


To read the full, original article click on this link: Technology Review: Garbage Trucks Go Green

Author: Julie Halpert

CB Insights LogoWe're getting past VC deals and dollars to look at the demographic characteristics of founders backed by VCs.  In part 1 of our first-ever Venture Capital Human Capital Report, we look at the race of founders, the racial composition of founding teams, age of founding teams and the # of founders of VC backed companies to see if there is any relationship between these characteristics and the VC funding received. 

View the Report

Randy KomisarIn the life of a company, every dog has its day. So says Randy Komisar, a veteran Silicon Valley venture capitalist and entrepreneur who has spent the last 25 years launching technology startups. Komisar is a partner at Kleiner Perkins Caufield & Byers where he specializes in working with technology entrepreneurs. "I'm not attracted to them because of the bottom line," he says. "I'm attracted to them to them because of the top line--they change they can make." His own pedigree: co-founder of Claris Corporation, CEO of LucasArts Entertainment, CEO of Crystal Dynamics, founding director of TiVo, senior counsel at Apple Computer, author of two books, and "virtual CEO" to an array of fledgling companies. In this Q&A, he warns of the classic mistakes of manager-wannabe-leaders, the perils of too many bullets and not enough Zen, and why CEOs are like dogs.

To read the full, original article click on this link: What Breed Is Your CEO? Randy Komisar on Leadership and Management | Fast Company

Author: Kermit Pattison

Canada’s premiers and territorial leaders will discuss a delicate balancing act when they meet this week for their annual conference — how to keep the tentative economic recovery on track while dealing with big deficits most of them racked up during the slump.

While some believe more spending may be needed for infrastructure, job-creation or education, others say it is time to rein in ballooning budgets.

“Much of the problems of the world right now, economically, are related to budgets that just got out of control,” Saskatchewan Premier Brad Wall said in an interview.

“We’ve actually reduced spending in our budget this year in the province. That’s the road to balanced budgets, it’s a road to debt reduction and lower taxes and a more competitive economy. And in the long term, that serves economic growth much better than a temporary stimulus.”

To read the full, original article click on this link: Canada’s premiers have a lot to discuss at this years annual conference | Muchmor Magazine

Author:

22 Small Business Phone ServicesCan you hear me now? That phrase is one we all utter, most frequently from mobile phones, but sometimes from landlines and VOIP phones. We have to keep up with voicemail and text messaging. I want phone services to keep up with me, not the other way around.

In this post, we highlight 22 phone services that small business owners will want to check out. Some of them save time, effort, money or a combination of those. Some say you can’t have all three, but you can.

Here are just a few of the many features these services provide for growing companies: Voice-over-internet-protocol (VOIP), Voicemail, Call Forwarding, 3-Way Calling, Conference Calling, Web Conferencing, Call Following (no, not stalking), Voicemail to Text or Email, Voice Transcription, and toll-free numbers.

To read the full, original article click on this link: 22 Small Business Phone Services | Small Business News, Tips, Advice - Small Business Trends

Author: TJ McCue

European VC funding has bounced back. That’s according to Q2 figures produced by Dow Jones VentureSource which reports that investment is up by 50 percent compared to the record low of this time last year. €1.1 billion into 289 deals against 252 deals, which raised just €735 million.

But specifically, says Dow Jones, the Information Technology (IT) industry, which apparently accounted for much of the venture market’s losses during the economic downturn, was the “star performer” in the most recent quarter. IT saw a 69% increase in investment from the second quarter last year to €334 million, as well as a 13% increase in deal flow to 90 completed deals. For the first time in two years, the report notes, IT was Europe’s largest industry for venture investment, taking 31% of overall investment.


To read the full, original article click on this link: European VC Funding Bounces Back, Information Technology Is “Star Performer”

Author: Steve O'Hear

Angel investors often hold the key to business startup success.A business startup is one that is in the "pre-seed" or "seed" stage of growth. At these very early stages, the business has generally not yet perfected its product or seen substantial revenue. Entrepreneurs looking for investors at the pre-seed and seed stages should target friends, family, associates and angel investors (non-professional venture capitalists, essentially.) With a great business idea, a way to thoroughly communicate it, and a commitment to networking--an entrepreneur can find investors to supply $5,000 to $500,000 in early-growth funding.

To read the full, original article click on this link: How to Find Investors for a Business Startup | eHow.com

Author: Will Conley

HomePHILADELPHIA (AP) — A movement is underway to make it easier for entrepreneurs to navigate the lucrative and sometimes-tricky education market and introduce new technology and products into classrooms.

An educator at the University of Pennsylvania wants to create one of the nation's only business incubators dedicated to education entrepreneurs. The U.S. Department of Education is also getting into the act with a $650 million fund to boost education innovation.

"Here's this (market) that is huge, that is really important, that needs innovation, and there's just nothing out there to sort of foster it," said Doug Lynch, vice dean of Penn's Graduate School of Education. "Let's create a Silicon Valley around education."

K-12 schools and degree-granting institutions spend more than $1 trillion on education annually, federal statistics show. That represents immense potential for entrepreneurs — if they can resist the lure of more established tech firms and trendier ventures like social networks.

There are other roadblocks.

To read the full, original article click on this link: Programs, $650M fund help entrepreneurs in education market - USATODAY.com

SAN FRANCISCO — The first piece of a 525-foot tower that will be the centerpiece of the new Bay Bridge’s self-anchored suspension span is slated to be set in place today.

Bridge officials have hailed the self-anchored suspension bridge, a sweeping structure that will be the largest of its kind when completed, as the premiere piece of the at-times controversial new eastern span, a $6.2 billion undertaking scheduled to be completed in late 2013.

The 2,047-foot section will connect motorists from the Oakland skyway to Yerba Buena Island. Unlike normal suspension bridges, which have two cables, the self-anchored section will have just one cable that wraps around the width of the structure.

To read the full, original article click on this link: Beacon of innovation begins to take shape | San Francisco Examiner

Author: Will Reisman

Selecting legal counsel for your new venture is one of the first decisions you’ll have to make as a startup entrepreneur – and it’s one you shouldn’t take lightly. While corporate counsel typically doesn’t have a lot of complex work early on, there’s a good chance you will be with that person or firm throughout the life cycle of your company.

As your company matures, the legal issues you’ll be asking your lawyer to tackle will become more demanding.  You’ll need someone in your corner you value and respect.

Here are some tips to ensure you make the right decision:

Narrow the universe.  Do your homework in advance of reaching out to potential targets.  Look for an attorney who has represented companies in your space. That person will be familiar with, and be able to anticipate, many of the issues you are likely to face.


To read the full, original article click on this link: How to select your company’s lawyer | VentureBeat

Author: Caine Moss

Old NokiasIn its early years, Nokia was an innovator -- the company that became an intimate part of hundreds of millions of peoples' lives through their mobile phones.

But the company has recently slacked off, and most of the innovation in the mobile industry is coming from the likes of Apple and Google in Silicon Valley.

So Nokia's board is now reportedly looking at replacing Nokia CEO Olli-Pekka Kallasvuo with an outsider, and has already interviewed two Americans.

Whoever becomes Nokia's next CEO is going to have to lead the company forward -- and quickly! -- especially in the fields of mobile software, platforms, and smartphones. Otherwise, Nokia could wind up stuck only at the low margin, low end of the industry -- not where it wants to be.


To read the full, original article click on this link: 10 Nasty Nokias Show Why They're In So Much Trouble

Author: Dan Frommer

YouTube has come to define the era of online video, so let's take a look at their most popular videos of all time. We first did this list in August 2007, at which point Evolution of Dance by comedian Judson Laipply was number 1 with nearly 56 million views. The next update was September 2008, when Avril Lavigne's Girlfriend pop music video was number 1 with 103 million page views (although commenters argued that it may have gamed the system). In January 2010, Charlie bit my finger - again ! was number 1, with 148 million views.

Our latest update shows that Justin Bieber has made a big impact in 2010 on YouTube, knocking Lady Gaga out of the number 1 spot. Here is the top 10, as of July 2010:


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To read the full, original article click on this link: Top 10 YouTube Videos of All Time

Author: Richard MacManus

NNI NANOTECHNOLOGY INNOVATION SUMMIT - December 13-15, 2010,  Washington, DC
In celebration of the 10th anniversary of the National Nanotechnology Initiative, the National Nanotechnology Initiative at Ten: Nanotechnology Innovation Summit will be held Dec. 8-10 at the Gaylord National Convention Center just outside Washington D.C. The NNI consists of the cooperative nanotech-related activities of 25 Federal agencies focused on producing revolutionary and transformative technological breakthroughs. NNI Nanotechnology Innovation Summit brings together the nation's leadership in nanotechnology research, development, implementation, policy and finance along with a showcase of the top nanotechnology technologies generated through the NNI support.

To read the full, original article click on this link: NNI Nanotechnology Innovation Summit 2010

blackberry pearl girlsThe iPhone may have the corner on the apps market, but the good old BlackBerry is still the go-to smartphone for many people in business.

And there are few times when one's smartphone comes in more handy than on the road.

When you're traveling for business, your smartphone serves as much more than just a phone -- it's your personal organizer, your source for e-mail, and your access to the internet and your business contacts, all in one.

That's why it's good news that Research in Motion is finally stepping up with a major overhaul to its BlackBerry App World.


To read the full, original article click on this link: 6 Essential BlackBerry Apps For Business Travelers

Author: Bianca Male

Google misses LA deadline — Last year, the search giant won a contract to provide email and collaboration tools to the City of Los Angeles, but now it has failed to deploy them on time.

India pitchs iPad rival — The Indian government has been showing off a prototype for a tablet computer, similar to Apple’s iPad, only with a price tag of $35. The BBC has more.

iPhone 4 Case Program launches — Apple officially kicked off its program to provide new bumper cases to customers who buy the newest version of the phone throuh Sept. 30 — part of its plan to compensate for the widely-reported antenna problems.


To read the full, original article click on this link: Roundup: India eyes iPad rival, Firefox revamps tabs, and more | VentureBeat

Author: Camille Ricketts

A team led by Marine Current Turbines and its project partners Queen’s University Belfast, Mojo Maritime and Edinburgh University, has become another of the nine UK marine energy technology developers to receive a development grant from the UK government’s Technology Strategy Board alongside AWS Ocean Energy.

The company obtained £250,000 from the board and the Engineering & Physical Sciences Research Council to develop a fully-submerged SeaGen tidal turbine to be deployed in deep water sites where there are large tidal ranges.

Working much like an underwater windmill powered by tidal currents, Marine Current Turbines’ 1.2MW SeaGen device was deployed in Northern Ireland’s Strangford Lough in April 2008.

Already powering the grid, it has the equivalent in energy output as a 2.5MW onshore wind turbine, the company said.

To read the full, original article click on this link: NewNet News - Marine Current Turbines gets £250,000 UK grant to develop SeaGen ‘underwater windmill’

Author: NewNet

The move to new display technologies and demand for new applications are turning televisions into the next growth segment for chip companies, and venture-backed companies could benefit.

Annual sales of semiconductors into televisions will grow by $2.9 billion this year to $12.2 billion, according to a new report from iSuppli Corp., a semiconductor research firm that expects that pace of growth to continue on through next year.

This growth is being driven by two trends: the falling price of liquid crystal display, or LCD, panels, and the demand for features that haven’t been part of television designs until recently.

Now that overall costs for LCD panels, which are in most televisions, are coming down, television makers are focusing on improving the performance of their devices, said Randy Lawson, an analyst with iSuppli. This in turn calls for a host of new components such as image processors, power management chips and light-emitting diodes, Lawson said.


To read the full, original article click on this link: New TV Tech Could Be Boon For Venture-Backed Chip Companies - Venture Capital Dispatch - WSJ

Author: Scott Denne

EurActiv Logo

Citizens should take responsibility for the healthcare costs they incur and should be punished or rewarded according to their use of the service, Javier Mur, managing director of Accenture's health operations, told EurActiv in an interview.

Mur claimed that a system comparable to that for setting car insurance prices – whereby "you pay less if you don't have any accidents" – should be applied to the field.

"Citizens have to understand that health care is expensive," he said. "Everyone has to have in mind that we must manage resources in a good way. The best way to learn this is to be made to pay something."


To read the full, original article click on this link: Future health care 'like car insurance': Accenture | EurActiv

Author: EurActiv

PITTSFIELD — City of art, city of funk. The SoHo of the Berkshires, the Brooklyn of the Berkshires.

The sobriquets urban planners bestow upon this bygone manufacturing hub speak of their confidence that Pittsfield can become a center of culture and entertainment on par with Lenox and Stockbridge and Williamstown.

Once-vacant buildings in downtown Pittsfield are filling with galleries, theaters, residences, and restaurants. North Street, the city’s long-depressed main drag, now hosts regular street festivals, open houses, and art shows that draw thousands of residents and visitors. People are starting to believe that Pittsfield is an attraction, rather than a moribund pit stop on the way from Tanglewood to Mass MoCA.

“We’re seeing the buzz,’’ said Mayor James M. Ruberto, who since taking office in 2004 has spent millions of dollars under the conviction that the arts will help revive a city devastated by the loss of more than 10,000 General Electric jobs. “We are going to make Pittsfield the best darn small city in the Northeast.’’


To read the full, original article click on this link: 12 Degrees of Freedom: "...the best darn small city in the Northeast’’

Author: David Filipov

The Car Charging Group, Inc. (CCGI) this weekend announced a partnership with LAZ Parking in New York and New Jersey to begin outfitting its facilities with smart, electric vehicle charging stations.

The Miami-based CCGI installs and maintains electric vehicle charging stations in government-owned lots, and at commercial sites like shopping malls, hotels, stadiums and corporate parking garages. LAZ Parking operates over 1,300 parking facilities in 21 states and 99 cities. The LAZ Parking sites will be equipped by CCGI with smart, ChargePoint Level II, 240 volts charging stations, manufactured by Coulomb Technologies.


To read the full, original article click on this link: NY, NJ Parking Lots Sign Up to Charge Electric Vehicles

Author: Lora Kolodny

ORIENTATION for new employees of Zynga, the fast-growing maker of Facebook games like FarmVille and Mafia Wars, can be a heady affair given the company’s outsize ambitions — all of which are embodied in Mark Pincus, Zynga’s 44-year-old founder.

In a pep talk this month, Mr. Pincus told his company’s newcomers that he had set out to build an enduring Internet icon, one that was synonymous with fun.

“I thought, it’s 2007, and this can’t be all that the Internet is meant to be,” he said. There has to be more than “a garage sale, a bookstore, a search engine and a portal,” he added in a good-natured putdown of the Web giants eBay, Amazon, Google and Yahoo.


To read the full, original article click on this link: Will Zynga Become the Google of Games? - NYTimes.com

Author: MIGUEL HELFT

Financiers prefer to back entrepreneurs who are similar to them. This seemingly innocuous tendency creates problems for society, but the solution is difficult to make work, says Scott Shane

If you're an entrepreneur looking for money, you probably have a list of factors that you've heard increase the odds that someone will finance your business. But here's one you might not have considered: homophily.

For those of you who do not spend your spare time reading sociology textbooks, homophily is just a fancy word expressing the birds-of-a-feather-flock-together cliché.

Sociologists have found homophily to be very common. Studies show that rich people want to associate with other rich people. Lawyers like to be with other lawyers. Doctors prefer to hang with other doctors. And people of the same gender, race, and/or ethnic group tend to favor each other's company.



To read the full, original article click on this link: Overlooked When Raising Capital: Investor Preferences - BusinessWeek

Author: Scott Shane

Sustainable “Green” Economic Development combines traditional economic development and environmental improvement into one discipline. The purpose of this article is to discuss how traditional economic development principals can help increase employment while improving our environment. Economic Development and “Green” Development should be synergistic, improving our overall quality of life.

To read the full, original article click on this link: Sustainable Economic Development

VB: What will be hot?

CC: The good news is this is the best time for innovation in the history of the world. Every field is wide open. The internet doesn’t work. It isn’t fast enough or secure enough. We can’t find things as fast as we want. We can’t sort them. Nothing has helped in the last 20 years. Healthcare is going through its biggest transformation ever, from anatomy, chemistry, biology and physics to becoming an information industry. There are many opportunities there. Energy technologies are not where they need them to be in terms of cost. Education is transitioning to networks in the classroom. That has always been the dream. We tried one system that got transformation results in Texas and Florida. Media is being turned upside down and there are opportunities there. Every field has opportunities. The reason is that ones you turn things from atoms and muscle to bits, things move really fast. Almost everything is moving faster. There are factors of improvement from tens to thousands. Then you get these exponential improvements colliding with each other, like in biotechnology with computers, genomics, and chip technologies colliding. I’d say just about everything is hot.


To read the full, original article click on this link: SRI chief: Now’s the best time for innovation — just don’t choke it | VentureBeat

Author: Dean Takahashi

2010 Can Be Your Year of Success — If You Plan For It Now2010 Can Be Your Year of Success — If You Plan For It NowMany small business owners and marketers understand the benefits of using e-mail marketing and online surveys to develop relationships with their customers. Yet, a surprising number of businesses send e-mail communications without thinking about their long-term goals. Take some time to think about your customer communications strategy. The upfront planning you do now can have an enormous impact on your overall success in the long term. Below are five steps to get you started creating an effective e-mail communications plan.

To read the full, original article click on this link: 2010 Can Be Your Year of Success — If You Plan For It Now | Small Business Trends

Author: Eric Groves

In the latest version of our HuffPost Innovators Series, we've compiled some of the most interesting and promising startups from the HuffPost community.

These firms, all of which were submitted by HuffPost readers, are doing everything from a crowdsourced approach to corporate innovation -- which has attracted investment from Silicon Valley's elite -- to devising an eco-friendly solution to restaurant and food waste. One firm, which bills itself as an Expedia for personal appointments, just wants to make it easier to book a massage.


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To read the full, original article click on this link: HuffPost Innovators: InnoCentive, Waste Farmers And More


"New York? The whole damn place has been turned into a suburb," sneered David Harvey, startling a roomful of New Yorkers who prided themselves on the same things he derided: the makeover of the city's parks; the new network of bike lanes; the pedestrian malls along Broadway. "The feel of the city is losing its urbanity and being made okay for suburbanites to enjoy Times Square," he continued, going on to condemn New York's gentrification not on aesthetic or nostalgic grounds, but for being at the root of the financial crisis.

Harvey is having a bit of a moment in America, as much as any neo-Marxist economic geographer can. Earlier this month, his lucid explanation of the "econopocalyspe" (accompanied by animated whiteboard doodles) was a modest hit on Boing Boing. Richard Florida borrowed his concept of the "spatial fix"--the idea that capitalism gets bigger and badder every time it's wriggles out of a crisis--for his latest book, The Great Reset. And Harvey's own book-length explanation of the crisis, The Enigma of Capital is set to be published on these shores in September.


To read the full, original article click on this link: David Harvey's Urban Manifesto: Down With Suburbia; Down With Bloomberg's New York | Fast Company

Author: Greg Lindsay

Natalie Zaun just wanted to make a few extra bucks. What she got is a six-figure business that just keeps growing.

While chasing kids around the kitchen in the fall of 2006, a friend and I decided we wanted to do more than pick up toys and change dirty diapers.

She sewed and, as a former junior high school English teacher, I was comfortable in front of others. So we thought we'd give the idea of selling custom purses at parties a try. After contacting a few friends to host parties, we quickly felt the excitement of giving women an opportunity to design their own purse. So with a little effort and research, PURSEnally Yours officially launched in January 2007, specializing in customer-designed purses.


To read the full, original article click on this link: How to Create an Overnight Success - Entrepreneur.com

Author: Natalie Zaun

I’ve seen a few movies over the years that have delivered some important, invaluable lessons about the business world unto me.

Here is Volume One of my collection of the top bestest business movies ever and how/why they have resonated with me.

Most of my first choices (for my first list on the topic) revolve around pretty straight-forward, main-stream role models in rags-to-riches stories; however, as I work on Volume Two and Three and so on, some of my choices may be kind of surprising (to both of us).

To read the full, original article click on this link: Top 10 Movies for Marketing Innovators, Volume One « Charles Crosbie's Blog

Author: Charles Crosbie

I went to Ernst & Young‘s Toronto presentation of this year’s Beyond Borders global biotech report (PDF) recently. The report is a retrospective of 2009, so many of the data points and trends reflect things you’ve seen already; but as always, I’d encourage you to read the whole thing for good synthesis and commentary.

E&Y’s headline was: 2009 showed strong overall sector performance including global profitability, which was largely buoyed by U.S. profits (good) and by a global reduction in R&D spending (bad).

The Canadian data generally reflected global trends:

  • Canadian biotech revenues were up 9% over last year; but
  • R&D spending in Canada was down 44%; and
  • The number of Canadian public companies was down from 72 to 60

To read the full, original article click on this link: E&Y Beyond Borders Biotech Report 2010 — Canadian Biotech Data « The RIC Blog

Author: Jeremy Grushcow

Apple's iPad is already huge. In fact, after just its first quarter of sales, it's already the company's third-biggest business segment.

In the June quarter, the iPad business generated $2.2 billion of revenue for Apple.

That's more than Apple's iPod business generated last quarter -- $1.5 billion. (Though the cheaper iPod obviously had larger unit sales.) And it's almost half as big as Apple's 26-year-old Mac business, which put in its best quarter ever at $4.4 billion.

SAI Apple revenue chart by segment June 2010

To read the full, original article click on this link: CHART OF THE DAY: The iPad Is Already Bigger Than The iPod -- And Half As Big As The Mac

Author: Dan Frommer


Dr. 3PO

Paging Dr. 3PO. One day soon robots could performing routine procedures in the OR.

Bioengineers at Duke University announced yesterday that they've created a robot that can "locate a man-made, or phantom, lesion in simulated human organs, guide a device to the lesion and take multiple samples during a single session," all without a doctor's supervision. Researchers hope these developments could one day lead to robots working autonomously on basic surgical operations.

Nicknamed the Biopsy Bot, the robot relies on 3-D and ultrasound technology for its movement. The ultrasound scans serve as the robot's "eyes," enabling the doc bot to locate its target. With advanced artificial technology, the robot processes the 3-D data and sends out specific commands to its mechanical "arm" and "hand," devices that examine lesions and are able to take samples.


To read the full, original article click on this link: New Robot Surgeons Can Operate Without Human Assistance | Fast Company

Author: Austin Carr

No. 15 Strongest Job Market: Rochester, N.Y.

No. 15 Strongest Job Market: Rochester, N.Y.

Who's hiring: Manufacturing (nondurable goods), Professional & business services

Percent companies planning to hire in Q3: 22 percent
Population: 1,035,566 (+0.2 percent YOY)
Unemployment rate: 7.3 percent
Mean annual income: $42,270

Rochester's economy has been more stable than many and has started to improve. The unemployment rate has dropped to 7.3 percent from a high of 8.2 percent in July 2009 and more jobs are opening. For example, three companies, Intrinsiq Materials, Quintel Technology, and Omni-ID, plan to add a total of 250 full-time employees who will specialize in research, development, and manufacturing of advanced technology, reported the Greater Rochester Enterprise, the area's marketing organization. There were 14,200 online ads for jobs in the area in June, 42.9 percent more than in June 2009, according to the Conference Board.


To read the full, original article click on this link: America's Strongest Job Markets: No. 15 Strongest Job Market: Rochester, N.Y. - BusinessWeek

 Img News 2010 07 20 Surf First Pic 465X288 200710 T325














Is this the first Australian surfing photo? Taken in 1912, the shot depicts surfing pioneer Tommy Walker catching a wave at Main Beach on the Gold Coast in Queensland, Australia. From Warwick Daily News:
While there are photos of people with surfboards that predate the shot of Mr Walker in action, (Manly Surf Life Saving Club historian Ray) Moran said they did not show people actually surfing.

“There is a 1909 photo taken of Tommy Walker at Manly standing alongside his surfboard on the beach – it's a nice portrait, but he's not surfing. If there is one that is older I would definitely be interested in seeing it,” Mr Moran said.



To read the full, original article click on this link: First (Australian) surfing photo? - Boing Boing

Author: David Pescovitz



The vision of a "green" economy fueled by wind, sun, and renewable fuels is powerfully appealing. But there's a huge disconnect between this vision and the reality of America's energy needs.

The widespread use of fossil fuels - oil, natural gas and coal - has enabled the United States and other industrialized countries to create unprecedented prosperity. The inconvenient truth is that no one has yet developed an alternative to fossil fuels capable of providing energy on a comparable scale at a comparable cost.

As the Obama administration continues its push for a moratorium on deepwater drilling and earmarks an additional $2 billion in stimulus funds for solar energy companies, Americans need to recognize that developing cleaner energy sources and reducing our reliance on fossil fuels is not impossible, but it's a huge challenge that is much more complicated than the bumper stickers and slogans suggest.

To read the full, original article click on this link: Green dream: Meet reality - KansasCity.com

Author: KERRY A. LYNCH

Daydreaming boss
Call it entitlement, call it your right -- or call it revenge. There's a bit of satisfaction in reclaiming time that your company has taken from you.

You tell yourself you deserve the "you time" for that boring meeting that lasted three hours, or when your boss shorted you those 10 minutes at lunch. Many want to reclaim what is theirs -- or they just hate their jobs and don't care about wasting company time.

Bosses, just ignore this, sometimes your employees need to burn off a little steam in order to be productive.

To read the full, original article click on this link: 5 Creative Ways To Slack Off On The Job - Project Economy News Story - KOAT Albuquerque

Author: Sarah McCurdy

New research shows that plants "can think and remember," according to a news story published this week.

Plants can transmit information "from leaf to leaf in a very similar way to our own nervous systems," BBC News wrote. The article continues to assert that plants remember information and use "information encrypted in the light to immunize themselves against seasonal pathogens."

To read the full, original article click on this link: Observations: Plants cannot "think and remember," but there's nothing stupid about them: They're shockingly sophisticated

Author: Ferris Jabr

TKanterhe Gulf oil spill looks like it might be capped. U.S. financial regulation is underway, plugging holes of another kind, which won't allow sub-prime mortgage lending to gush through. A new consumer financial protection agency is being formed. Health reform is providing incentives for prevention, the ultimate cost-cutting measure that can also make us healthier. Technology companies march along an innovation path that can improve devices that improve our lives, while showing strong profits.

All should be right with the U.S. economy. But it's not. The things that touch people's lives most directly — good jobs with good wages and growth prospects — remain out of reach for many. Consumer confidence is down. Even the affluent are cutting back on purchases, reports say. Stimulus money is running out. Though useful, the pothole-fixing strategy has its limits. Census workers will be back to the ranks of the unemployed. Talented executives who have given up on job searches still call themselves consultants and work occasionally for a fraction of their previous salaries.


To read the full, original article click on this link: A Call for Innovation in Job Creation - Bloomberg

Author:

A reader asks:  I saw your story in March about how Senator Dodd’s financial reform bill could destroy angel investing.  I see now that the bill has passed, with certain amendments made in the U.S. Senate that watered down some of the provisions.  What’s the story with this issue?  Will the bill still hurt angel investing?

Answer: There’s good news and bad news.

The good news is that the financial reform bill recently passed by Congress omitted the most troubling provision in Sen. Dodd’s original proposal, which essentially required a filing with the SEC in connection with any seed or angel financing (even if all the investors were “accredited investors”) and potentially gave state securities commission(s) the right to review the merits of the financing


To read the full, original article click on this link: What effect will the financial reform bill have on angel investing? | VentureBeat

Author: Scott Edward Walker

For the first time, scientists have devised a way to watch and analyze, in real time, the transcription of a single gene in a living human cell. Published online today (July 18) in Nature Methods, researchers at Bar-Ilan University in Israel describe their system to visualize and track the kinetics of transcription, including the speed and fluctuations of transcription of a single gene.

Yaron Shav-Tal and colleagues at Bar-Ilan used their technique, which involves tagging the mRNA product from a single gene copy with green fluorescent protein, to track the speed and duration of the transcription of a single cyclin D1 allele, a well-characterized gene that produces a protein important to the cell cycle. By tracking the gene multiple times, the team was able to detect how many mRNA transcripts were produced, how quickly they were produced, and how different types of promoters affect the rate of transcription. Here, we share four videos the researchers made of the process:

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To read the full, original article click on this link: Video: Transcription, live - The Scientist - Magazine of the Life Sciences

Author: Megan Scudellari

It’s been a little over 4 years since I officially launched my internet marketing software company, HubSpot.  (The “official” date is June 9th, 2006 — for those that are curious about such things).  So, I’ve had about 4 years on the “inside” of a fast-growing, venture-backed B2B SaaS startup.  Quick stats:  ~2,900 customers, ~170 employees and $33 million in capital raised.  But, this is not an article about HubSpot, it’s an article about things I’ve learned in the process of being a part of one of the fastest growing SaaS startups ever.   (I looked at data for a bunch of publicly traded SaaS companies, and the only one that grew revenues faster than HubSpot was Salesforce.com).

In any case, let’s jump right in.

7 Non-Obvious SaaS Startup Lessons From HubSpot

1.  You are financing your customers.  Most SaaS businesses are subscription-based (there’s usually no big upfront payment when you signup a customer).  As a result, sales and marketing costs are front-loaded, but revenue comes in over time.  This can create cash-flow issues.  The higher your sales growth, the larger the gap in cash-flows.  This is why SaaS companies often raise large amounts of capital.


To read the full, original article click on this link: SaaS 101: 7 Simple Lessons From Inside HubSpot

Author: Dharmesh Shah

Two authors that I enjoy reading are talking today about Business Model innovation – a subject that I’m passionate about and often write about.   Idris Mootee wrote What Do You Know About Business Model Innovation?, and Stefan Lindegaard wrote about Business Model Innovation – Big Risk, Big Rewards.

Both articles note the confusion that people have when trying to define “business model” in the context of innovation and whether it is different from your “strategy”.  In my experience, if you disagree with someone’s definition of “business model”, the disagreement will typically come down to a question of scope – how narrow or broad you definition is.  I personally take a very broad view and am partial to this more “fun” definition:

“How to do I separate my customers from their money?”


To read the full, original article click on this link: Innovation Minute » Blog Archive » Yes, business model innovation is innovation

Author: Innovation Minute

Sarah Prevette has created a service that entrepreneurs can use to socialize, share tips, and ask questions in a rapid-fire, short-attention-span fashion.

Feeling isolated in your start-up venture? Have questions but have no one to turn to for answers? Sarah Prevette knows the feeling. When she started upinion.com, a pop culture website for teens and tweens back in 2007, Prevette could only get feedback from colleagues, friends, and family. “While they were entirely supportive, they didn’t identify with the same issues,” she says. To get the answers she needed, she picked up the phone and started cold calling people who had started similar ventures. Her success was limited.

“I would hit these entrepreneurs with 10 questions about how’d you do this, how’d you get the visibility and things,” Prevette says. “And then I’d be sort of shocked and bothered when they wouldn’t call me back.” In response, she started an online community of entrepreneurs to help her, and it was that group that led to her new venture, Sprouter, which launched online last November. 


To read the full, original article click on this link: Inc.com's 2010 30 Under 30 List: Sarah Prevette, Founder of Sprouter

Author: Matt Quinn

It is difficult for someone speaking from the comforts of Babson College where the lights and heat and air conditioning function perfectly, we have good food, water and shelter, we have convenient transportation and telecommunication, access to doctors and medicine, it is difficult for us to grasp the depths of tragedy that has befallen the country and people of Haiti. Our hearts go out to Haiti.

I listened to President Preval the other night on NPR announcing that the reconstruction of Haiti is starting. The emergency is not over -- there are still tens of millions of cubic feet of rubble to remove -- but the rebuild is starting to take place. I cannot pretend to be an expert in how to rebuild a devastated nation and people from scratch; I only know about how to build companies from scratch.

I am sure Haitians have heard from many well-intentioned people that there is opportunity in crisis, and I am sure in your hearts you felt, "that is an opportunity I would rather do without." So I do not want to gloss over the unmitigated pain. Nevertheless, as you rebuild your transportation, communications, health, and institutional infrastructures, a long process, I would like you to consider that Haiti will benefit tremendously from understanding that there is an infrastructure for entrepreneurship as well. Try not to forget that. Try to treat the entrepreneurship infrastructure as as important as all the basic ones.

To read the full, original article click on this link: Daniel Isenberg: Entrepreneurship in Haiti

Author: Daniel Isenberg

U.S. Senator Patrick LeahyBURLINGTON, Vt. (Mon., July 6) - Members of Vermont's business community and Senator Patrick Leahy (D-Vt.) gathered Monday at the new home to a start-up business to announce the creation of a $1 million seed capital fund that will offer businesses much-needed funding in this difficult economy. Leahy also welcomed two high-tech companies as new clients at the Vermont Center for Emerging Technologies (VCET) - 89 North (www.89North.com), which hosted the event in Burlington, and Standards Technology Group (www.standardstech.com).

Leahy secured a $1 million federal grant to create the Vermont Technology Seed Capital Fund in the federal government's 2009 budget. The fund, to be managed by VCET, will make early $50,000 to $250,000 high-risk equity investments in technology firms across the state with tremendous growth potential. In return, successful companies will repay the fund for ongoing reinvestments.

"A healthy economy requires businesses to have multiple sources of capital," said Leahy. "Vermont is blessed to have a variety of non-profit loan funds, at least one private venture capital fund and a myriad of private investors looking to invest in certain types of businesses. But after four years of VCET operations, it has become clear that Vermont needs more early capital that can help businesses through growing pains and create jobs for Vermonters."

To read the full, original article click on this link: Vermont EPSCoR – Experimental Program to Stimulate Competitive Research

Arizona State University has serious problems, and that’s just the way Michael Crow wants it.

Since Crow was named president of Arizona State eight years ago, the university has increasingly organized itself with an eye toward attacking some of the world’s greatest challenges. Rather than divide an institution into academic departments – those are just “social constructs,” he’d argue – Crow has pushed for new cross-disciplinary organizational structures that are defined by the problems faculty seek to solve – reforming K-12 education, for instance – rather than the disciplines of those who will try to solve them.

To read the full, original article click on this link: News: As the Crow Flies - Inside Higher Ed

Author: This email address is being protected from spambots. You need JavaScript enabled to view it.

Wealthy countries race to bring faster connections to more people, while the rest of the world struggles to get up to speed.

- Paid Subscription Required to read article... Ed.


Stats and more stats!

Mark MacLeod of StartupCFO draws attention to a valuable guest column that Simeon Simeonov wrote for PEHub, detailing Angel investing statistics from that familiar centre of excellent numbers, the Kauffman Foundation.   Their survey of Angel investors in groups, titled the  Angel Investor Performance Project, yielded the following key findings (some our faithful readers will have seen before):

  • 75% of exits happened between 2001 and 2006. There is some reason to believe that the data may have a slight bias towards negative returns as 50% of investments happened between 1995 and 2000. Angels may have been buying high and selling low.
  • 3.2x cash-on-cash return for all investments put together (total dollars out divided by total dollars in). However, returns are extremely sensitive to big hits. A lucky angel put $600K in a software company in three rounds from 1988 to 1994. In 1996 the company went public and the person got a nice 55x return. Removing this one company from the sample drops the aggregate cash-on-cash return for all angels nearly in half to 1.8x.

To read the full, original article click on this link: From StartupCFO.ca: Angel Investing by the Numbers « National Angel Capital Organization

When thinking about your social media strategy, you should be planning for six important metrics. What are the six? There are three different levels of social media participation and two different types of metrics. Put them in a 3 x 2 metrics, and you get six.

Here’s the rundown on the three social media engagement aspects to measure:

  • Activity – Any metrics relating to actions your organization is taking on social media: blogging, tweeting, posting, promoting, etc.
  • Interaction – This category’s metrics focus on how your audience is engaging with your social media presence: followers, comments, likes, sharing, user created content, etc.
  • Returns – This group accounts for where your social media activities directly or indirectly support measures driving successful organizations: revenue creation (and the activities that lead up to it), cost minimization (along with activities to help achieve it), and other critical financial performance metrics.

To read the full, original article click on this link: Blogging Innovation » Six Social Media Metrics You Should Be Tracking

Author: Mike Brown

tangent.scream Tangential Innovation CommunitiesIn an earlier article (Cluster Funk) I argued that Industrial clusters can lead to stagnation, vulnerability to external shocks, and the erosion of social capital. Since I’m not one to complain without also providing an alternative, this article argues that the future will favor technology clusters rather than industrial clusters.

Make it up as you go along

Technology clusters serve what we call the tangential innovation market – or diversity innovation dynamics. Don’t worry if you have not heard of these things, I’m making this up as I go along.


To read the full, original article click on this link: Tangential Innovation Communities

Author: Dan Robles

It’s pretty well-known that our economy – and society – is transforming from one where wealth and prosperity came from industrial products and material goods to a system where new ideas, human creativity, and experiences play a greater and greater role. As societies become more educated and basic needs are fulfilled, the attention of their populations shift to favor experiences and self-actualization over physical goods and even luxury items – what sociologist Ronald Inglehart calls the rise of “post-materialist” values.

This shift can be seen in everything from the excitement around the sleek design and user experience of the Apple iPad to the rise in sales of organic, high-quality foods.


To read the full, original article click on this link: Creative Class » Blog Archive » The Pro-Real Experience Economy - Creative Class

Author: Richard Florida

The government is being urged to facilitate creative activity in the country rather than trying to lead innovation itself.

John Howkins, a British expert on the creative economy who met Prime Minister Abhisit Vejjajiva last week, said the public sector should focus on creating a favourable climate to promote and stimulate creative activities.

The creative economy expert has played a key role in the latest partnership between Thailand's National Economic and Social Development Board, the state planning agency, and the United Nations Development Programme to build a creative economy strategy for Thailand.

Mr Howkins, along with the NESDB and UNDP, held a series of meetings during the week with government agencies and the prime minister.

To read the full, original article click on this link: Bangkokpost.com

Five startups are set to “graduate” from Varick Street center and move on to the real world. Another 30 or so launches are bustling away as the city's earliest experiment in entrepreneurial development celebrates its first anniversary.

Break out the birthday candle: The city's Varick Street business incubator is celebrating its one-year anniversary on Thursday.

A joint venture between the New York City Economic Development Corp., the Polytechnic Institute of New York University and Trinity Real Estate, the incubator at 160 Varick St. in SoHo was launched in July 2009, part of a broader effort by the city to foster new businesses. So far, the gamble has paid off – since the incubator's opening, tenants housed at 160 Varick have created upwards of 110 jobs, hired more than 250 freelancers and interns, and raised more than $12 million in venture funding.


To read the full, original article click on this link: City's first biz incubator hatches first chicks - Crain's New York Business

Author: Kira Bindrim

The Golden State Warriors have a deal in place to sell for $450 million, the largest amount ever for an NBA franchise. That’s nice, but what does this have to do with tech? One of the key partners in the team that made the winning bid is also a partner at the famous Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers. And they beat out a bid that was being made by Oracle CEO Larry Ellison.

Specifically, Joe Lacob, a longtime partner at Kleiner Perkins, teamed up with Mandalay Entertainment CEO Peter Guber to buy the team from current owner Chris Cohan. “I am incredibly excited to have the opportunity to be the next steward of this storied NBA franchise. This is my dream come true,” Lacob told ESPN.


To read the full, original article click on this link: Kleiner Perkins Partner’s Latest Venture: The Golden State Warriors

Author: MG Siegler

This week, the Internets have mostly been talking about Old Spice's awesome advertising campaign. Actor Isaiah Mustafa's take on the man that men want to be, women want to be with has had just about everyone trying their hands at it. From amateur bodybuilders, to overweight "comedians", to tattooed "comedians." Most of them just don't get it.


-- GET VIDEO --



To read the full, original article click on this link: Latest Old Spice Parody Gets an A+ | Fast Company

Author: Addy Dugdale

Kazakhstan, nuclear, weaponKURCHATOV, Kazakhstan—A few years ago, the nuclear research center here was dying. Its once thriving population of 40,000 was reduced to 5,000 and appeared to be headed to zero. The town of Kurchatov, where much of the Soviet Union's nuclear research was carried out during the Cold War in preparation for more than 400 nuclear test explosions, was returning to its origins as a place of oblivion, just another spot on the desolate steppe where little more than feather grass grows.

Long gone were the town's famous nuclear scientists—Igor Kurchatov, the director of the Soviet nuclear bomb projects and after whom the town is named; Yuli Khariton, father of the Soviet atomic bomb; and Andrei Sakharov, who originated the Soviet H-bomb. Gone, too, was Soviet secret police chief Lavrenti Beria, whose brutally efficient administrative management of the nuclear program delivered the bombs on time.

To read the full, original article click on this link: Former Soviet State Incubating High-Tech Businesses at Former Nuclear Weapons Site [Slide Show]: Scientific American

Author: W. David Gardner

human-gutModern science has revealed a startling fact that was first intimated by Anton von Leeuwenhoek scraping his teeth more than 400 years ago—you are more bacteria than you. Estimates put the number of microbial cells as constituting 10 times more of the cells in your body than actual human cells. What's worse, you better not get rid of them. Without them, you'll die.

To read the full, original article click on this link: Observations: What's in your gut?

Author: David Biello

lightbulb_jul10.jpg"For the first time, research shows that American creativity is declining." That's the opening salvo in a recent Newsweek story that points to the latest results from the Torrance Tests of Critical Thinking that assess Americans' "CQ" - creativity quotient.

Measuring the CQ involves a series of simple tests to track divergent thinking and other problem-solving skills. These are scored based on fluency, flexibility, originality, and elaboration. First developed by E. Paul Torrance, researchers have been administering these tests to children as well as tracking their successes as adults since the 1950s.


To read the full, original article click on this link: Technology & the American Creativity Crisis

Author: Audrey Watters

liquid armorLiquid, bullet-stopping body armor. Read that again: Liquid, bullet-stopping body armor. It's not sci-fi, it's real, and a team of U.K. scientists have proven it has a future in protecting soldiers from incoming rounds or shrapnel.

Liquid armor isn't a new idea, oddly enough: As well as being a sci-fi staple (Neal Stephenson's "sintered armor gel" from Snow Crash is a classic example) it's been researched for decades, mainly due to the benefits that a lightweight, flexible but super-strong armored material could offer. But the team from the U.K.'s BAE company has achieved a composite liquid armor solution that they say for the first time demonstrates real battlefield-ready benefits.

The effect relies on a wild and wacky piece of physics known as non-Newtonian fluid mechanics, that is, basically every fluid you've encountered on a day-to-day basis--one where the viscosity is constant. In other words, as you apply more sheer strain to the liquid, the more its sheer stress rises in a predictable way. Forgetting the physics, just think of it as a liquid that reacts pretty much how you'd expect it to.


To read the full, original article click on this link: U.K. Scientists Demo Bulletproof Liquid Armor | Fast Company

Author: Kit Eaton

Mystery ManA bunch of billionaires (and a few plain old multi-millionaires) gathered in Sun Valley, Idaho last week for Allen & Company's annual media conference. From the pictures it looks like they chatted under umbrellas on patios, rented bikes, and walked around the resort in fleece and khakis.

There were also panels.

One panel we keep hearing about featured super-hot startups Groupon (revenue rich!), Square (founded by the guy who came up with Twitter), and Pandora (everyone's favorite Internet radio site).


To read the full, original article click on this link: ThingD: The Mystery Startup Everyone Drooled Over At Sun Valley

Author: Nicholas Carlson

While exit difficulties remain their biggest concern, U.S. venture capitalists see an unstable regulatory environment and unfavorable tax policies as weighing on their shrinking industry, according to a survey by accounting firm Deloitte & Touche LLP and the National Venture Capital Association.

This is the first time tax and regulatory issues have surfaced as major worries for U.S. VCs in the global survey, which Deloitte and the NVCA have conducted for six years, said NVCA President Mark Heesen. Higher taxes on profits known as carried interest and registration of venture firms with the Securities and Exchange Commission have been on Congress’s agenda this year, although the venture industry so far has avoided them. Heesen also said VCs’ heightened interest in government-regulated sectors such as clean technology and health care could also be causing investors to pay closer attention to government policy.

Nonetheless, he said, “I really do see this as a wakeup call to policy makers in the United States and around the world.”


To read the full, original article click on this link: Exits Remain VCs’ Top Concern, But Government Policies Up There - Venture Capital Dispatch - WSJ

Author: Russell Garland

As a genre, personalized medicine has yet to deliver many individualized treatments. But progress has been more tangible on the diagnostics side.

Some of that progress has come from Tethys Bioscience, a startup in Emeryville, CA, that is working on tests for some of the country's most prevalent diseases. Their first diagnostic, a blood test called PreDx, determines a person's risk of developing diabetes over a five-year period. The test is already changing the way some physicians diagnose and treat their patients.

People with prediabetes don't regulate blood sugar the way they should; of the 57 million or so people in the U.S. with this syndrome, only about 10 to 15 percent develop the full-blown disease. With proper diet and exercise, the trajectory toward diabetes can be slowed or even reversed. But the current standard for identifying diabetes risk, the fasting blood-glucose test, can't determine which 10 to 15 percent are most likely to get the disease. As a result, doctors can't easily figure out which patients to concentrate on.


To read the full, original article click on this link: Technology Review: Diabetes Risk, on a Scale of 1 to 10

Author: Lauren Gravitz

John Harthorne, CEO of the MassChallenge start-up competition, tells me that this week a group of judges are working to winnow 300 teams of entrepreneurs to 100 finalists; they're hearing some company pitches in person; some via Skype from as far off as California, Spain and Argentina; and Harthorne says a Brazilian team even flew to Boston for some face time. Judges include folks like 170 Systems founder Karl Buttner, Raj Melville of nTag Interactive and BeFree, and Micah Rosenbloom from Brontes/3M.

The goal of the competition is to encourage start-ups to come to Boston — or stay here and grow. The hundred finalist companies (finalists will be announced later this month) will be offered several months of free office space at the One Marina Park high-rise on Fan Pier; Harthorne is expecting about 200 people to use the space, noting that each team has 2.7 members on average. (Some entrants already have office space elsewhere.) A few lucky winners will receive either $100,000 or $50,000 at the competition's conclusion this fall. The cash prizes will total $1 million, and all of the prize money, Harthorne explains, comes from private sponsors like Microsoft, Xerox, and the law firm Foley Hoag.


To read the full, original article click on this link: A week of winnowing for MassChallenge - Innovation Economy - Boston.com

Author: Scott Kirsner

blackboard teacher jack blackI’ve been building venture-backed businesses for over 11 years now.

In that time, I’ve seen a sea change in how businesses are put together.

Engineering approaches, marketing approaches, pricing, service delivery … they’re all dramatically different than what they used to be.

But what I’ve come to appreciate is that, ultimately, businesses live and die on three simple dynamics: Distributions, network effects and sigmoid curves (s-curves).

[Most] opportunities come from understanding how to take advantage of these functions -- rather than fight against them.

To read the full, original article click on this link: The 3 Charts That Will Teach You Everything You Need To Know About Business

Author: Niel Robertson

http://blogs.seattleweekly.com/dailyweekly/GLocke_for_blog.jpgArea business leaders, University of Michigan officials and members of the U.S. Department of Commerce met in Ann Arbor today to discuss the university's role in innovation, economic development, job creation and commercialization of federally-funded research.

The Commerce Department's Office of Innovation and Entrepreneurship, which hosted the event at the Michigan League on UM's campus, designed the forum to generate incentives to spark commercialization at research universities throughout the U.S.

“Higher education is what is driving our local, state and national economies,” U.S. Commerce Secretary Gary Locke told the invited attendees. “We need to focus on active funding for our universities.”

To read the full, original article click on this link: University innovation drives economic development, deserves support, says U.S. Commerce secretary at UM forum - Detroit News and Information - Crain's Detroit Business

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The words “Miami Heat” had barely left LeBron James’ lips Thursday night before his former boss, Cleveland Cavaliers owner Dan Gilbert was trashing his former star, calling the move by the two-time most valuable player a “cowardly betrayal.”

“This shocking act of disloyalty from our home grown ‘chosen one’ sends the exact opposite lesson of what we would want our children to learn,” Gilbert said in an open letter Cavaliers supporters.

Gilbert couldn’t be more wrong. LeBron James’ career strategy should be emulated by every ambitious twenty-something in America. James is illustrating exactly how to launch a career that can make you both happy and successful.


To read the full, original article click on this link: LeBron Move: 4 Lessons From King James - CBS MoneyWatch.com

Author: Kathy Kristof

GE: imagination at work

“GE ecomagination Challenge: Powering the Grid” seeks best ideas to transform the way we create, connect and use power

·        Joint investment with venture capital partners Emerald Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and RockPort Capital

·        Challenge is one of largest ever

SAN FRANCISCO--Tuesday, July 13, 2010-- GE (NYSE: GE) announced today a $200 million open innovation challenge that seeks breakthrough ideas to create a smarter, cleaner, more efficient electric grid, and accelerate the adoption of more efficient grid technologies. GE Chairman and CEO Jeff Immelt unveiled the challenge, the “GE ecomagination Challenge: Powering the Grid,” here today.

The global challenge invites technologists, entrepreneurs and start-ups to share their best ideas and come together to take on one of the world's toughest challenges - building the next-generation power grid to meet the needs of the 21st century. The challenge is one of the largest ever and is open immediately at www.ecomagination.com/challenge.


To read the full, original article click on this link: GE & Partners Announce $200 Million Global Commitment to Accelerate Power Grid Technology Through Open Collaboration : Press Releases : News : GE

The Motorola Foundation, the philanthropic arm of Motorola, Inc. (NYSE: MOT), today announced the 2010 grant recipients of its signature Innovation Generation program, which provides more than $7.5 million to K-12 science, technology, engineering and mathematics (STEM) education programs across the country.

Now in its fourth year, the program builds on President Barack Obama’s “Educate to Innovate” campaign and federal initiatives like the Race to the Top Fund by incorporating funding, employee volunteers and intra-grantee collaboration to help boost American students’ engagement in math and science.

“These grants not only help ensure that we are adequately building a pipeline of critical thinkers, but also bring together diverse organizations to create new partnerships and spur innovative thinking and programming,” said Eileen Sweeney, director of the Motorola Foundation.

To read the full, original article click on this link: Motorola Foundation Announces 2010 Innovation Generation Grant Recipients | TTKN News

WORCESTER — The city is launching a new initiative to encourage economic development with an artistic bent.

Using up to $40,000 of federal community development block grant funds, the city will offer grants of up to $5,000 to individuals or businesses to fund projects with the potential to create jobs and attract people downtown or to nearby corridors.

“We want to show this has the potential to support creative industries and pedestrian activity downtown,” said Timothy J. McGourthy, the city’s director of economic development. “An important element of this is the awardees have to show how they can generate feet on the street.”

Community development block grant funds, given out by the U.S. Department of Housing and Urban Development, are usually used in Worcester for loans. The use of the money for grants is new, Mr. McGourthy said.

To read the full, original article click on this link: City will offer cash with creativity in mind

Author: Lisa Eckelbecker

venturefunds.gifThe VC industry is starting to shrink with some rapidity, according to data released today by National Venture Capital Association (NVCA) and Thomson Reuters. The trend, which first started in 2008, has only accelerated. During the second quarter of 2010, new money committed to venture funds plunged 49 percent from the previous quarter and 57 percent from the same period a year ago. NVCA believes the soft economic environment is to blame for much of the recent decline in new funds.

The latest quarter saw 38 funds raise $1.91 billion — the lowest level since the third quarter of 2003. There were 26 follow-on funds and 12 new funds raised in the second quarter of 2010, NVCA noted. These included new funds by Polaris Venture Partners and Venrock Associates.


To read the full, original article click on this link: Come See the Incredible, Shrinking VC Industry!

Author:

Irish Taoiseach (Prime Minister) Brian CowenBrian Cowen's capital fund plan aimed at making Ireland the 'innovation hub' of Europe

Irish Prime Minister  Brian Cowen will launch a $700 million venture capital fund plan aimed at making Ireland the “innovation hub” of Europe.

Cowen is set to outline details at a meeting with business leaders at the New York Stock Exchange on Monday.

Cowen stated  the scheme will commence in September, with the government investing $350 million over five years and the rest coming from private investors.



To read the full, original article click on this link: Irish leader launches $700 million venture capital fund | Irish News | IrishCentral

Author: PATRICK COOPER

The financial crisis in Europe is unlikely to derail Brussels' clean power vision.

European renewable energy installations hit record levels last year and are likely to grow strongly over the next decade, despite European governments' budget woes. That's the view of a report released last week by the European Commission's Joint Research Centre in Brussels. The report suggests that the growth won't be slowed by the German parliament's approval on Friday of a reduction in price supports for solar power, or by a similar reduction in solar incentives by Spain last year.

Solar companies in Germany had warned that the proposed reductions in incentives would hurt the solar industry there, but the lead author of the new report, Arnulf Jäger-Waldau, a Joint Research Centre senior scientist, downplays their warnings. "The solar lobby was very efficient in drawing a dramatic picture that's clearly overstated," he says. While German solar panel manufacturers could face challenges, he says, installers will still make a decent profit.


To read the full, original article click on this link: Technology Review: Europe's Renewables Unfazed by Recession

Author: Peter Fairley

Loyalty Beyond Reason
When it comes to displaying your love for something – person, place, or even product – you can’t get much more extreme and long-lasting than a tattoo. That kind of adoration – a desire for an all-day, every-day tribute on your own body – is clearly Lovemarks territory. In fact, when we launched Lovemarks: The Designers Edition at the Frankfurt bookfair, we had master tattoo artist Adam Craft tattoo a “Loyalty Beyond Reason” design on several volunteers and tattoo aficionados (see the video).

To read the full, original article click on this link: Blogging Innovation » Loyalty Beyond Reason

Author: Kevin Roberts

istock_000007304004smallOkay, so you're a change agent at a traditional company or nonprofit organization -- or you're a social entrepreneur who has just started a social enterprise. You've got your seed funding and a rock-solid business plan. So now what? How do you inspire people, from your CEO to rural farmers to consumers, to "do good" (or at least better) for society?

Don't laugh. How to get people to care more about "doing good" is one of the hottest new topics making the rounds of this year's social innovation conferences. Referred to more clinically as "the neuroscience of change," the topic popped up for the first time last spring, at the Skoll World Forum in Oxford, then again last month at the recent National Conference on Volunteering and Service -- and then again this past week, at the annual Aspen Ideas Festival in Colorado.

Whether inspiring consumers toward fair trade, persuading corporate executives to care more deeply about labor practices, or empowering women in a rural village, the challenge to influence behavior is a tough one, indeed.

To read the full, original article click on this link: Getting People to Care: 4 Tips for Social Innovators | Social Enterprise

Author: JustMeans

The Chinese government renewed Google’s (GOOG) license to operate on the mainland today, more than a week after a decision was originally due. The delay shows there is internal conflict over whether Google should remain while refusing to censor its search results. In the end, the Chinese decided they value Google’s innovation more than they worry about its free speech principles.

A hacking incident back in January kicked off the fracas between the two parties, and for a moment it seemed that Google and China would truly go their separate ways. But as my colleague Erik Sherman points out, China is simply too big a market for Google to abandon, with more internet and mobile phone users than any other nation and growth in those areas that is truly astonishing.

Google’s value to China is subtler. As Glenn Derene writes over at Popular Mechanics, “China has done a great job at developing its manufacturing base, but still lags when it comes to technological innovation.” The research and development facilities that Google built in China are a draw for the nations top talent, who then filter back out and begin their own companies.


To read the full, original article click on this link: China, It Turns Out, Values Google's Innovation More Than It Fears Its Principles | BNET Technology Blog | BNET

Author: Ben Popper

There’s good news for venture fundraising this morning. Following the recessionary drought of fundraising for venture funds in 2009, the amount raised has increased by 13 percent in the first quarter of 2010, with 72 funds raising $7.5 billion according to Dow Jones LP Source. For the same period last year, 68 funds raised $6.6 billion. Of course, this year’s raise is still half of what venture funds raised in 2008: a whopping $14.2 billion.

Including a U.S. private equity shops, which includes venture funds, 198 funds raised $45.1 billion during the first half, down 26% from the same period in 2009. Buyout funds raised saw the biggest drop in money raised, finding $21 billion across 74 funds, down 35% from $32.4 billion raised by 75 funds a year ago, as limited partners’ interest in mega funds — those targeting $6 billion and up — waned.


To read the full, original article click on this link: U.S. Venture Capital Fundraising Up 13 Percent In First Half Of 2010 To $7.5B

Author: Leena Rao

LartaOur mentors are leading experts and practitioners in the fields of management, business development, technology investment, competitive analysis, market strategy, human resources, and other related areas. Through the use of expert mentoring, business consulting, and smart capital acquisition, we help companies chart the course for their technologies to move from the laboratory to the marketplace.

We have helped guide hundreds of technology companies to develop fundamental research into successful, market-savvy products and create solid metrics of success and transition for our government clients.

To read the full, original article click on this link: Larta Institute - Government programs, US: Federal & State

Author: Larta

Biz StoneWhat is your search engine of choice? Google? Yahoo? Bing? Try Twitter.

According to cofounder Biz Stone, who spoke yesterday at the Aspen Ideas Festival, Twitter now reaches some 800 million search queries per day. That's over 24 billion searches per month, more than Bing (4.1 billion) and Yahoo (9.4 billion) combined.

While Stone's company is still a long way off from Google, which supports around 88 billion search queries per month, Twitter is quickly catching up. Since last April, Twitter searches are up 33%. To put that in perspective, a study by Nielsen last year concluded that Bing was the fastest-growing search engine in the U.S. after it ballooned over 22%. Now it seems Twitter has taken the title.


To read the full, original article click on this link: Twitter Now the World's Fastest Growing Search Engine | Fast Company

Author: Austin Carr

What will the next big thing be? The product that takes the world by storm and earns a handsome return for the company that created it? It may not have been invented yet — but it will be soon.

It makes sense for growth-oriented companies to plant themselves where innovation thrives, where great minds have converged, and where the business climate encourages research and development. The Canadian province of Ontario is working hard to be that kind of place, according to Sandra Pupatello, the province’s minister of economic development and trade. “We’ve had a lot of companies, especially multinational companies, that are seeing the benefit of using Ontario to expand or initiate their business,” she says.

To read the full, original article click on this link: Ontario Leads in Life Sciences, ICT, and Automotive Innovation | Ontario, Canada, life sciences, automotive | Area Development Online

Author: Steve Stackhouse

lemonade manSome founders create products for themselves first and then think about whether it could turn into a business.

Other founders create products for customers but they themselves aren’t the target market. Tons of examples but to name a few illustrative examples: I’ve seen men create web services aimed at women, or adults creating products for kids. You get the idea.

There are plenty successful companies in the latter scenario but I have to confess, I find myself more attracted to founders that create products that they want to use.

Consider the founders of Twitter, Boxee, Tumblr, Foursquare, Userland, Vimeo, Extension.fm, Instapaper and gdgt (just to name a few, please don't get upset if I left you off this intentionally incomplete list). Those founders wanted their products to exist in the world because they wanted to use them everyday.

To read the full, original article click on this link: Entrepreneurs: Make Your Product For Yourself

Author: Bijan Sabet

A week after a report by Facebook investor Elevation Partners pegged the social network’s value at $23 billion, a report by pre-IPO analysts Next Up Research has reached only half that amount. Even so, the report says a lot for Facebook’s future.

Next Up’s report is hosted by SharesPost, a trading site for pre-IPO sales similar to Second Market, which brokered $100 million in Facebook employee stock sales to Russian investment firm Digital Sky Technologies. Next Up performs pre-IPO share price analysis for SharesPost.

In this case, $12 billion is about 15 times Facebook’s trailing revenue for 2009. That seems perfectly reasonable when compared to Google, which the New York Times’ Dealbook blog notes went public at 14 times its trailing revenue in 2004.

To read the full, original article click on this link: New report pegs Facebook valuation at $12 billion | VentureBeat

Author: Paul Boutin

Africa, in the last decade, has experienced a marked economic growth fueled by emerging economies. South-South cooperation, as well as intra-African trade, has jump-started the continent’s growth. This comes as the economic center of gravity shifts from industrialized economies to large developing economies. Africa can only take advantage of the new economic landscape by addressing continental cohesion, infrastructure development, and governance — both at national and cross border levels, to further the continent’s economic progress.

New trade partners are offering new possibilities as the African continent experiences a new gold rush. The economic center of gravity continues to shift from the industrialized economies to the large developing economies. And emerging economies such as Brazil, Indonesia, India and China are hungry for raw materials, more than ever before, and also need new trading partners for their finished products. Africa provides fertile ground for both.

According to UNCTAD statistics, trade in goods between Africa and developing countries has been on the uprise since the mid-90s. While it represented only $34 billion in 1995, trade rose to $97 billion in 2004, before surging to $283 billion in 2008. In the same year, trade between other developing countries and those in Africa exceeded the total volume of trade between Africa and its main trading partner, Europe, for the first time ever.

To read the full, original article click on this link: Africa's growing wealth: The real challenge is cohesion - Afrik-news.com : Africa news, Maghreb news - The african daily newspaper

Author: Prince Ofori-Atta

We're delighted to announce ReadWriteWeb's fourth premium report, The Future of the Cloud: Cloud Platform APIs are the Business of Cloud Computing. Thanks to the generosity of our partners VMWare and Intel, we're providing this report at no cost to you.

Cloud computing is fundamentally changing the way we do business - from strategic planning to how services are delivered. We've been actively tracking these changes on our channel ReadWriteCloud and this report is an extension of that.

The Future of the Cloud highlights cloud computing's impact on IT organizations, and explores both its disruptive nature and the new markets and opportunities it's creating. The first phase of the cloud was about developing the foundation for the services it provides. Now that the fundamentals are in place, companies are using them to become an essential part of the cloud's value chain.


To read the full, original article click on this link: Download Our Latest Report For Free: The Future of the Cloud - ReadWriteCloud

A visitor to the On the Wings of Innovation conference tests out Interaxon's in-flight entertainment system. Ever found yourself struggling to stabilize that mobile device for optimum in-flight entertainment? Toronto-based Interaxon says it may have an alternative in the form of thought-controlled in-flight games that let you keep your hands (and gadget stands) tucked away.

Yes, soon enough, you may be playing the likes of Mario Kart on your way from coast to coast--with brain power alone.

Interaxon's system measures brain waves through electroencephalography (EEG) technology, reacting to alpha waves associated with relaxation and beta waves linked to concentration. As users relax or focus their thoughts, the interface translates their brains' electrical activity into a control signal the computer can understand.

To read the full, original article click on this link: Brain-controlled games boarding planes soon? | Crave - CNET

Author: Leslie Katz

http://www.ebusinessmasterclass.com/docs/images/stories/stock/business-woman-400.jpgThe other day I was thinking about why I haven’t seen as many female Angels at events. I know many Canadian women who are entrepreneurs but for some reason they do not seem to invest in early-stage companies as often as men.

About 20% of the students in my finance and accounting classes in business school were women. The figure shrank to 5% in my Private Equity and Venture Capital class. The reason? I am not too sure (I sense a good research opportunity). There are many successful female entrepreneurs, there are many successful women in the capital markets, but there seem not to be many female Angels, at least in Canada.

Countering this trend is Ms. Anna Sofat, who founded the first female-backed angel investor group in the U.K., called Addidi. According to the website, Addidi is dedicated to finding wealth management solutions that suit women – and their partners and families.

To read the full, original article click on this link: Asking about Women Angels « The RIC Blog

Author: Baris Akyurek

PALO ALTO, Calif., Jul 06, 2010 (BUSINESS WIRE) -- Venrock, a premiere venture capital firm originally established as the venture arm of the Rockefeller family, today announced the closing of Venrock VI, a $350 million diversified venture capital fund focusing on investments in early stage technology, healthcare and energy companies. Consistently investing at the leading edge of technological innovation across investment sectors and through varying economic cycles, Venrock has delivered outstanding returns since its inception in 1969. In 2010, the firm continues to build on that legacy with multiple liquidity events, including the $325 million acquisition of PGP Corporation by Symantec, as well as three IPOs -- Alimera Sciences, AVEO Pharmaceuticals and Ironwood Pharmaceuticals. With the close of Venrock VI, the firm holds approximately $2.2 billion under management.

"The quality of Venrock's team is illustrated by their continued ability to work with great companies and produce returns in this difficult venture capital environment. It is a testament to the firm's efforts and success that the fund was oversubscribed, particularly when so many others are struggling to raise capital," said Geoff Love, Head of Venture Capital Investments at The Wellcome Trust. "The firm is stronger than ever, and we are pleased to be able to partner with Venrock again, embarking on our second decade alongside them."

To read the full, original article click on this link: Venrock Raises $350 Million Diversified Venture Fund - MarketWatch

Author: Press Release

The grandfather of scientific national academies is staging major celebrations this week for its 350th birthday. But, like similar elite groups around the world, Britain's Royal Society has had to work hard to stay relevant and influential, reports Colin Macilwain.

One thing that scientists have learned since the seventeenth century is how to throw a party. This week, the Queen is set to celebrate with hundreds of Britain's most brilliant minds, kicking off a summer of festivities to mark the 350th anniversary of the Royal Society of London for the Improvement of Natural Knowledge.

The public will be invited to partake in a carnival of celebrity lectures, debates, live TV shows and exhibits to showcase science and the Royal Society's role in it. The choice of the South Bank — London's main arts centre and a major tourist bazaar — for the ten-day extravaganza signals the society's hunger to be seen as up to date, inclusive and important, not exclusive and aloof.

National academies of science in more than 100 nations are aiming for the same goal, with varying success. Many were born in an era when a few select individuals practiced science, and those groups evolved to offer behind-the-scenes advice to governments. Now, the academies represent much more diverse communities, and they must take their messages not only to governments but also directly to the public.


To read the full, original article click on this link: Scientific Academies: In the best company : Nature News

Author: Colin Macilwain

IRVINE, Calif., July 6 /PRNewswire/ -- Where is business getting done in America?  Over cocktails.  In a publishing first, Entrepreneur magazine, in collaboration with Esquire magazine, reveals America's best bars for business.  The list and the accompanying stories appearing in the July issue of Entrepreneur magazine cover the ins and outs of the top 15 bars and the etiquette for getting the deal done (http://www.entrepreneur.com/magazine/entrepreneur/2010/july/207194.html).

"Finding a corner booth that substitutes well for the corner office is no flimsy pursuit. Choose the right bar and you've found the place to deepen a connection, make a pitch, close a deal--and, not least of all, enhance a client or prospect's opinion," says Amy Cosper, Editor in Chief at Entrepreneur. "But the refreshing ease that comes with clinking glasses can melt as quickly as crushed ice if the lights suddenly dim low and Lady Gaga starts blaring."


To read the full, original article click on this link: Entrepreneur Reveals America's Best Bars for Business -- IRVINE, Calif., July 6 /PRNewswire/ --

Author: Entrepreneur Magazine

DarleneMeet citizen science’s answer to match.com – http://scienceforcitizens.net/. The new website, brainchild of Darlene Cavalier (AKA – The Science Cheerleader) and colleagues, seeks to hook researchers up with members of the general public who want to volunteer for duty in the scientific process. “We hope to enable regular people to do real science by connecting them to existing citizen science projects,” Cavalier told The Scientist.

Citizen scientists can search for thousands of research projects on the site, including Galaxy Zoo, where volunteers are asked to help classify galaxies according to their shapes, and Firefly Watch, an effort to track the distribution and activity of lightening bugs during the summer.

To read the full, original article click on this link: Science for citizens « Naturally Selected

Author: Bob Grant

http://rendydalimunthe.files.wordpress.com/2009/08/young_entrepreneur.jpgWith little taste for new spending programs, America has another option for creating jobs. It's called entrepreneurship, and polices that promote it can be a low-cost stimulus package that sparks innovation and creates tens of thousands of jobs.

The core idea is to build an army of entrepreneurs -- the people who take new ideas and move them from the garage (or the lab) to the marketplace as part of businesses that create jobs. Our studies at the Kauffman Foundation show that over the last three decades new businesses five years of age or younger have been responsible for virtually all of our economy's net new jobs. If our national mantra is "jobs, jobs, jobs," entrepreneurs are the ones who historically have delivered with a disproportionate share of the disruptive innovations that really drive growth. The automobile, the airplane, the computer revolutions were brought to market by startups, not established firms.

To read the full, original article click on this link: Robert E. Litan: Entrepreneurial Stimulus Package Can Help U.S. Jobs Shortfall

Author: Robert E. Litan

Google Inc. Chief Executive Eric Schmidt wasn’t kidding last October when he said, “We’re open for business, making strategic acquisitions, both large and small.”

Since then, Google has bought at least 20 companies, including today’s $700 million purchase of venture-backed ITA Software Inc. The deals range from larger land grabs like ITA and AdMob Inc., the mobile ad network that sold for $750 million, to small scoops like the acquisition of 15-month-old online travel-guide service Ruba Inc.

In fact, Google is making fast friends with venture capitalists at a time when they sorely need some liquidity. The company has acquired the most venture-backed start-ups - seven - in the first half of this year than any other company by far. That’s according to Dow Jones VentureSource, whose tally only counts those deals that closed within a specific period.


To read the full, original article click on this link: Google Making Big M&A Splash In Venture Capital Pool - Venture Capital Dispatch - WSJ

Author: Scott Austin


The Next Silicon Valley caught a glimpse of it last week at a technology forum in Europe's Flanders region in the northern part of Belgium, hosted by imec, the public-private, open innovation micro-and nanoelectronics research center, based in Leuven.

Imec, which has helped shape the future of the semiconductor industry with its university and R&D partners for more than 25 years, is now helping Flanders replicate that successful R&D partnering model across other industry sectors, and across all of Flemish research institutes, making this region a prime destination for investment in innovative research and development, worldwide.
 


To read the full, original article click on this link: Energy Technology | http://www.thenextsiliconvalley.com

Author: Richard Wallace

new fossil of giant sperm whale named for Herman Melville 
attacking a baleen whaleThe large leviathan that was the bane of Ahab's existence in Herman Melville's Moby Dick has a new ancient relative that might have lived up to the fictional beast's monstrosity.

Leviathan melvillei, a giant toothed whale, is described in a new paper, published online June 29 in Nature (Scientific American is part of Nature Publishing Group). The researchers have studied one specimen's fossil remains—several teeth and portions of the jaw. From this, the team estimates that the skull would have been at least three meters long—and the body longer than 13 meters.

To read the full, original article click on this link: Observations: A whale of a fossil is named in honor of Herman Melville

Author: Katherine Harmon

HERBOur collective dream of a Jetsons-like future is inching closer to reality with a little help from Intel, which this week showed off HERB (the Home Exploring Robot Butler) to FastCompany.com. The robotic butler, built as part of a collaboration with the Quality of Life Technology Center and Carnegie Mellon University, uses six multi-core computers along with multiple sensors to perform various tasks around the kitchen.

HERB has some powerful capabilities. It can serve, toss things in the trash (or recycling), sort dishes and place them in the dishwasher, and more. But there are still plenty of issues to overcome before HERB can will be scrubbing your pots. During our demonstration, Intel programmers spent nearly 10 minutes debugging code before the HERB was finally able to grasp a container and throw it away. Once HERB got going, though, we could see a real-life robo-maid become a very distinct possibility. Check out our video below.


To read the full, original article click on this link: Intel's Robot Butler Serves, Clears, and Does Dishes | Fast Company

Author: Ariel Schwartz

bestillustrationever.jpgHow do we get kids interested in science? How about more pictures like this in junior-high science textbooks. Just look at it. I'm having a hard time not making metal hands at my own computer screen.

The beast in question is called Leviathan melvillei, a name so awesome that it actually made me question whether this was a legitimate animal and not something made up as a joke. But Wired Science and Science News magazine tell that it was real. And spectacular.


To read the full, original article click on this link: Just look at this illustration of an ancient carnivorous whale - Boing Boing

Author: Maggie Koerth-Baker

The Parkville precinct of Melbourne, Australia, is quietly transforming itself into a leading, global life sciences district, but it needs to make some noise now and then. That is being accomplished this year as Melbourne’s former Royal Dental Hospital is razed to make room for the Parkville Comprehensive Cancer Centre (CCC), which the State Government of Victoria defines as “a world class integrated cancer research, education and treatment facility.”

Meanwhile, some, but not as much, noise will be made moving IBM’s Blue Gene/P supercomputer into place at the University of Melbourne in Parkville. Researchers – lots of them – from IBM, the university and commercial parties will use the supercomputer to study human disease. The arrangement, according to IBM, “will enable collaboration between the 10,000 world-class life sciences and medical researchers in the Melbourne area, and IBM’s computational biology experts, who are renowned for applying high performance computing to biological discoveries.” Scientists from the Victorian Life Sciences Computational Initiative at the university and IBM Research will work on projects in four biomedical areas: medical imaging and neuroscience, clinical genomics, structural biology and integrated systems biology.

To read the full, original article click on this link: Victoria's Vow: 'To Support the Science' – The Site Selection Life Sciences Report

Author: MARK AREND

A CDC study of 4,000 adults found that more than 90 percent ate more sodium than recommended levels. Cynthia Graber reports.

Even if you have a light hand with the salt shaker, you probably get lots of sodium in processed or restaurant meals. But sodium can contribute to high blood pressure, and increases the risk for heart disease and failure, stroke, and kidney disease. So how many of us are limiting our sodium intake to recommended levels—which scientists say could reduce new cases of coronary heart disease by 60-to-120 thousand per year.

Researchers at the Centers for Disease Control analyzed data from the National Health and Nutrition Examination Survey from 2005/2006, the most recent years available. Nearly 4,000 adults over 20-years-old completed a physical, had their blood pressure taken and answered a survey of what they’d eaten over the past 24. This food survey was taken again about a week later.


To read the full, original article click on this link: Too Much Salt Eaten by Almost Everyone: Scientific American Podcast

Author: Cynthia Graber

Soccer penalty kickers wearing motion sensors revealed that subtle body cues can give away which side of the net they're shooting for. Karen Hopkin reports.

Those of you following the World Cup know that at this stage there can be no more draws. Ties are broken during overtime play, or in a penalty kick shootout in which a goalkeeper’s ability to anticipate the ball’s flight can mean the difference between victory and elimination. Now, scientists at Rensselaer Polytechnic Institute [Gabriel Diaz et al.] have discovered how a kicker’s body can betray whether he’s aiming left or right.

In a penalty shot, it’s kicker versus goalkeeper. And with the shooter standing just 12 yards from the goal, that ball can touch net in about half a second. That’s faster than a keeper can launch himself from the goal’s center to either post. Which means that a goalkeeper has to start moving before the kicker’s foot meets the ball. And he has to guess correctly which way to dive.


To read the full, original article click on this link: Soccer Penalty Kicker's Cues Betray Shot Direction: Scientific American Podcast

Author: Karen Hopkin

Last week I caught Doug Richards, known from Dragon’s Den, and now the School for Start ups, at The Centre for Creative Collaboration. He was talking about Entrepreneurship and creativity. I’m sharing what he said here because the majority of Milestone Planner users are innovative, entrepreneurial businesses.

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To read the full, original article click on this link: Doug Richards talking Entrepreneurship and Collaboration | SocialOptic Blog

Author: SocialOptic

OAK BROOK, Ill. — Arthroscopic surgical repair of torn anterior cruciate ligaments (ACL) or meniscal cartilage injuries in the knee does not decrease the chances of developing osteoarthritis, according to a new study published in the online edition and August print issue of the journal Radiology.

A decade after the initial injuries were diagnosed using MRI, localized knee osteoarthritis was evident in patients, regardless of whether or not the injuries had been surgically repaired.

“This study proves that meniscal and cruciate ligament lesions increase the risk of developing specific types of knee osteoarthritis,” said Kasper Huétink, M.D., the study’s lead author and resident radiologist at Leiden University Medical Center in the Netherlands. “Surgical therapy does not decrease that risk.”

To read the full, original article click on this link: Surgical repair of knee injuries does not decrease risk of osteoarthritis — Science Blog

Author: bjs

Increased Opportunities for Small-Business ExportsIs your small business exporting? If you’ve ever thought about it, now’s the time. New statistics from the Commerce Department show that U.S. exports of goods and services rose by 16.7 percent in the first quarter of 2010.

Part of that growth is due to enhanced efforts by Export-Import Bank (Ex-Im Bank) of the United States to reach out to small businesses and help them get the financing they need to get involved in exporting. The efforts are part of the federal government’s National Export Initiative, which President Obama announced earlier this year. The initiative seeks to double U.S. exports and create 2 million U.S. jobs in the next five years.

U.S. exports in the first quarter of the year totaled $434 billion, with the largest percentage increases occurring in Taiwan (80%), Korea (66.2%), Malaysia (49.2%) and China (46.6%). “Major opportunities exist for U.S. companies to break into or expand business in that region, backed by Ex-Im Bank financing,” said Fred P. Hochberg, chairman and president of the Ex-Im Bank. “Our goal is to create more opportunities in more countries so U.S. businesses can reach more customers, and in doing so create more jobs.”


To read the full, original article click on this link: Increased Opportunities for Small-Business Exports | Small Business Trends

Author: Rieva Lesonsky

I turned 40 in March. I didn’t think of it much, and I don’t plan on buying a convertible sports car or otherwise engaging in a mid life crisis. These age milestones just aren’t as meaningful for most men as they are for some women. Besides, I still have the maturity level of an average teenager.

But one thing I am very aware of is my growing skepticism of some of the crazy startup ideas I see. Five years ago when I started TechCrunch I still had real enthusiasm for any entrepreneur trying to build a company. I know from experience that starting companies is psychologically hard, even in the U.S. There are always lots of critics to tear you down. Sometimes all an entrepreneur needs is a few credulous people willing to say that they have a chance. That gives them the psychological boost they need to fight on for another day.

I have always been that guy, looking for the positive in any startup situation. Even if you fail you’ve just had the best on the job training possible. Paul Graham says it best: “So, paradoxically, if you’re too inexperienced to start a startup, what you should do is start one. That’s a way more efficient cure for inexperience than a normal job. In fact, getting a normal job may actually make you less able to start a startup, by turning you into a tame animal who thinks he needs an office to work in and a product manager to tell him what software to write.”


To read the full, original article click on this link: Staying Credulous: On Not Letting Being 40 Get In The Way

Author: Michael Arrington

In the heart of a baseball fan, there is only space for one team: the Red Sox or the Yankees. And rarely does the allegiance flip. In the tech world, Boston entrepreneurs have historically taken it for granted that Boston venture capitalists loved them first, best, and forever. But lately, they can't help noticing how many local investors seem to be "carrying bags of money south on the Acela,'' as...

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To read the full, original article click on this link: In N.Y.-Boston venture rivalry, there may be no clear winner - or loser - Worldnews.com

Author: The Boston Globe

JDR Head ShotWASHINGTON, D.C.—American democracy, American financial markets, and American education have all made our nation and our economy the most innovative in the world. With every new generation, we face new challenges and new competition, but the fundamental spirit and strength of our system has not changed. We are still building, still growing, and still creating.

Americans started the technology revolution, and we will drive it in the 21st century. Investments in information technology (IT), including health IT, smart grid, and broadband will continue to spur our economy, foster new growth, and connect smaller communities in places like West Virginia to new opportunities and a wider world around the globe.

We are only now starting to realize the enormous economic potential of perhaps our greatest technological contribution to the world in the last 50 years: the Internet. American research and investment in supercomputing, cybersecurity, cyber-physical systems, data mining, social computing, simulation and modeling will all pay great dividends for our innovation economy in the years to come.

To read the full, original article click on this link: Press Releases - Press Room - U.S. Senate Committee on Commerce, Science, & Transportation

Author:

Living lung: A rat lung, grown from the scaffold of an old lung seeded with healthy cells, is mechanically ventilated in a bioreactor. At the end of a week, the lung was transplanted into a rat, and was able to exchange gases, as a normal lung would, for two hours. Credit: Thomas Petersen and Laura Niklason, Yale University For the first time, researchers have built a functioning lung by growing cells on the skeleton of a donor lung. The engineered organ was transplanted in a live rat, where it exchanged carbon dioxide with oxygen in the blood--just as a normal lung would--for two hours. The study is the first proof that old lung scaffolds can be used as a scaffold on which new lung tissue can grow.

Lung tissue does not regenerate, so the only way to replace a damaged lung, for example in those with emphysema and cystic fibrosis, is by transplant. "But it's a difficult procedure and there aren't enough lungs to go around for transplants," says Laura Niklason, professor of anesthesiology and biomedicine at Yale University and the corresponding author on the study. Only about 10 percent of patients who have undergone a transplant survive after 10 years, with infection and organ rejection being major problems. Growing lungs by combining a donor lung seeded with a patient's own lung cells could decrease the chance of rejection, and potentially improve the success of lung transplants.


To read the full, original article click on this link: Technology Review: Breathing New Life into Old Lungs

Author: Nidhi Subbaraman

The University of New Hampshire has partnered with a group of local entrepreneurs to launch a nonprofit business accelerator named the New Hampshire Innovation Commercialization Center.

A team of respected New Hampshire technology entrepreneurs, led by Mark Galvin, have partnered with the University of New Hampshire (UNH) to launch a new startup business accelerator model - the New Hampshire Innovation Commercialization Center (NH-ICC). The goal of this new nonprofit center, which is located at the Pease Tradeport, is to create new jobs in the region and help regain traction in the New Hampshire high technology community by selecting high potential early stage companies and providing them with a combination of business resources, seed capital and “hands on involvement” by seasoned startup executives.


“The economic downturn of the past two years has taken a significant toll on the New Hampshire startup community, where a host of innovative new technologies - not to mention local jobs - are languishing on the sidelines because of the lack of a viable path to commercialization,” said Mark Galvin, the founder of Whaleback Systems in Portsmouth and Cedar Point Communications in Derry, and managing director of the NH-ICC. “The NH-ICC will provide a path for promising early stage companies to bring their products to market while also creating sustainable, high-value private sector jobs in the state.”

Added Galvin, “UNH has played a critical role in getting this initiative off the ground, providing both resources and funding. We look forward to helping the university accelerate the commercialization of its research, inventions and technology while also using the NH-ICC to attract entrepreneurs from throughout New England to build their startup business in New Hampshire.”

UNH provided startup capital for the NH-ICC as well as expertise in creating the unique public-private relationship. The NH-ICC will work to facilitate the use of university research by its resident companies through licensing and royalty agreements. UNH will also provide resident companies with student research assistants and mentors from its colleges, including the Whittemore School of Business and Economics.

“This is a great opportunity for the university to support technology entrepreneurship both on our campus and in our community, while at the same time leveraging our resources to help support the creation of private sector jobs in the state,” said UNH President Mark W. Huddleston. “Turning the university’s intellectual capital into commercial opportunities as a way not only to expand revenue streams but to enhance economic development and job creation in the state is a key component of the university’s 10-year strategic plan and I’m pleased we are well on the way to seeing results.”

The NH-ICC will select from a highly competitive group, up to 12 seed stage technology companies on a rolling 12-month basis and “graduate” resident companies after 18 months with the expectation that they will remain in New Hampshire, grow rapidly and create new jobs. The NH-ICC’s operations will be funded through a seed investment from UNH, private investment fund management fees and carried interest, and matching business development grants. Selected resident companies will receive $100,000 to $250,000 in seed funding from the private investment fund.

Resident companies will not only receive seed investments, but will be encouraged to use the seasoned NH-ICC startup staff to complete key Resident Company assignments, leveraging the staff’s expertise in go-to-market strategy, market analysis, marketing communications, sales, channels, operations, finance and human resources. In addition, the companies will share a high energy environment and business resources such as office space, meeting areas, communications systems and operations management services.

Initially, companies considered for entry into the NH-ICC will be primarily from the software, networking, Internet, telecommunications and related areas, which represents the expertise of the founding center executives. After the center is fully funded, two additional experts in other targeted industries will be added from the region’s business community, to provide leverage of other UNH college activities, such as the College of Life Sciences and Agriculture (COLSA) and the College of Engineering and Physical Sciences (CEPS), among others.

About NH-ICC

The New Hampshire Innovation Commercialization Center (NH-ICC), in partnership with the University of New Hampshire (UNH), is dedicated to accelerating the development of early stage high technology startups from throughout New England and the commercialization of UNH intellectual capital opportunities. This will produce significant growth in new and existing venture value and provide attractive returns to all stakeholders. For more information, please visit www.nh-icc.org.

About UNH

The University of New Hampshire, founded in 1866, is a world-class public research university with the feel of a New England liberal arts college. A land, sea, and space-grant university, UNH is the state’s flagship public institution, enrolling 12,200 undergraduate and 2,200 graduate students.

To read the full, original article click on this link: peHUB » UNH Launches Technology Incubator

Author: Press Release

The conversation today on innovation tends to focus on the corporate level – how can companies prepare themselves, how should they be organized, who are the best of the best, etc. It’s time we take a look at what needs to happen at the individual level (after all this is where “the rubber meets the road” when it comes to successful innovation).

The new innovation framework will require the development of new skills for all players. These new skills will allow individuals (and ultimately companies) to thrive in this new paradigm. A few critical skills that will significantly aid individual innovators are:

* Learn to frame the question properly – When presented with a challenge, too often as individuals we focus immediately on ways to solve that challenge without taking into consideration whether or not it was a well-defined challenge to begin with. Take a step back from the problem you are trying to solve and try to come up with new ways to ask the question. Become skilled in clear oral and written communication. Develop a “Frame and Connect” mindset – these new insights can go a long way to getting to the right answer!

To read the full, original article click on this link: Key Skills for Individual Innovators « Open Innovation From A Practitioner's Perspective

Startups Across AmericaStartupsAcrossAmerica.com is the first entrepreneurial map of the United States, where startups can stand up and be counted. “As it grows it will detail the number of startups in each state and the funding they need to launch. By highlighting the numbers and listing the actual enterprises seeking funds, we intend to help level the playing field for access to capital,” said Ruth Hedges, CEO of Unismart Capital Software Inc.
Startups Across America

While spotlighting the innovation, imagination and self determination that abounds among this country’s entrepreneurs, the Startups Across America map and its listings intend to give investors, community leaders, and other finance-related decision makers a keener understanding of the real dollars needed, state-by-state, for these new enterprises to succeed. ”We encourage every startup to register and stake their claim on the map to bring attention to their efforts individually and collectively,” says Hedges. The interactive map is being launched in response to lean times for start-up capital. Although start-ups contribute profoundly to job creation, the economic meltdown and the resulting recession have dried up seed capital for such ventures. Hedges hopes the map will inspire wealthy Americans who may never have invested in early stage startups to discover the volume and depth of investment opportunities across the country and to invest as way to contribute to economic recovery.

To read the full, original article click on this link: StartupsAcrossAmerica.com is the first entrepreneurial map of the United States | Funding Roadmap Startup Blog

Author: Funding Roadmap

Tasting kelps cultivated at an Integrated Multi-Trophic Aquaculture (IMTA) site in the Bay of Fundy, Canada (Dr. Thierry Chopin on the right).Thierry Chopin does world-class research on a university campus once targeted for demotion.

Mr. Chopin, a professor of marine biology at the University of New Brunswick's campus in the industrial port city of Saint John, is working to solve the great curse of ocean fish farming, a major industry in Atlantic Canada. Conventional salmon farms can overfertilize the ocean with fish excrement and uneaten food pellets, causing fish-killing blooms of algae. He thinks the problem can be solved by growing mussels and seaweeds at the same sites, to transform the wastes into marketable marine products.

"What we do is of both regional and international importance," he says. "And doing it here makes complete sense."

To read the full, original article click on this link: Does Centralizing Research Hurt the Provinces? - International - The Chronicle of Higher Education

Author: Colin Woodard

Longevity lab: Harvard's David Sinclair is testing compounds in mice that could be used to slow down the aging process in humans. Credit: Rick Friedman/WPN Sirtris Pharmaceuticals was, until recently, the golden child of antiaging research. Founded by Harvard biochemist David Sinclair and venture capitalist ­Christoph Westphal, it produced research suggesting something almost too good to be true: that a chemical in red wine could help you live a longer, healthier life. With its young, photogenic founders, the startup was a media darling, the subject of dozens of breathless magazine and newspaper articles. Pharmaceutical giant GlaxoSmithKline was so impressed that it spent $720 million to buy Sirtris in 2008.

David Stipp's new book The Youth Pill traces this meteoritic rise and other events in the history of antiaging research, detailing how the science and personalities came together at just the right moment to create the successful company. In the mid to late 1990s, Stipp explains, what had been considered a fringe field began evolving into a focused attempt to uncover the biochemistry of aging. Scientists including Cynthia Kenyon at the University of California, San Francisco, and Leonard Guarente at MIT began to find genes linked to longevity in lower organisms such as yeast and worms, prompting a conceptual shift in our understanding of aging. Rather than inevitable decay, their work suggested, aging was a genetically controlled process--and thus one that could be manipulated.

To read the full, original article click on this link: Technology Review: The Argument over Aging

Author: Karen Weintraub

Eugene Kaspersky, CEO of the Russian antivirus company Kaspersky Lab, admits it crossed his mind last year that he might die in a plane crash caused by a cyber attack. Kaspersky is a man of eclectic tastes and boyish humor; when we met in his office on the outskirts of Moscow, he was munching a snack of sweetened, freeze-dried whole baby crabs from Japan, and at one point he showed me a pair of men's undergarments, bought on a Moscow street, that had been stamped "Protected by Kaspersky Anti-Virus." But he grew quite serious when the subject turned to the days leading up to April 1, 2009.

That was the date a virulent computer worm called Conficker was expected to receive an update from its unknown creator--but nobody knew to what end. A tweak to Conficker's code might cause the three million or so machines in its army of enslaved computers, called a botnet, to start attacking the servers of some company or government network, vomit out billions of pieces of spam, or just improve the worm's own ability to propagate. "It's like if you have a one million army of real soldiers. What can you do?" ­Kaspersky asked rhetorically. "Anything you want." He let that sink in for a moment. "We were waiting for April 1--for something. I checked my travel schedule to make sure I didn't have any flight. We had no idea about this functionality. Security officials were really nervous." In the end? "Nothing happened. Whew! Whew!" Kaspersky cried out. He crossed himself, clasped his hands in a prayerlike pose, and gazed toward the ceiling.

To read the full, original article click on this link: Technology Review: Moore's Outlaws

Author: David Talbot

Kevin Costner fights oil spillPORT FOURCHON, La. — Kevin Costner is taking Hollywood star power and some oil-separating centrifuges to the fight against the Gulf of Mexico oil spill.

“I didn't come here to save the day," Costner told reporters, according to the BBC. "I have come to participate."

Costner also has described the business decision to sell machines to BP as not being a “Hollywood ending.”

Energy giant BP PLC has ordered 32 of the centrifuges from Ocean Therapy Solutions, a company co-founded by the actor. Costner joined officials of the energy company for an inspection Friday of a barge that was to take three of the devices into the Gulf starting over the weekend.

Officials said skimmer vessels will pump oily water onto the barge where the centrifuges can process a total of 600,000 gallons a day, separating gunk from water. Costner said he is gratified the technology is being deployed.


To read the full, original article click on this link: Entrepreneurship tackles Gulf oil spill – Kevin Costner stars :: Editor’s Blog at Local Tech Wire

Author: Press Release

Have you been having some trouble getting some digits lately when you ask a girl out? Maybe you should check what music is playing. That’s what French psychologists found. They published their research in the journal Psychology of Music. [Nicolas Guéguen, Céline Jacob and Lubomir Lamy, http://bit.ly/9nXu6f]

First the researchers found a guy who was rated average looking by a group of women. Then that average Antoine talked about a couple of food products with 87 different women, aged 18 to 20. But before the conversation, half the women heard this romantic French tune: Je L’aime a Mourir.

To read the full, original article click on this link: Romantic Music Increased Male's Flirting Success: Scientific American Podcast

Author: Scientific American

Senior management stifles innovation – NielsenOrganisations with less senior management involvement in the new product development process generate 80pc more new product revenue than those with heavy involvement from the top, a new Nielsen study of the innovation processes at 30 large companies in the United States suggests.

The study found that companies that have less senior management input in the creative process and employ other innovation practices gain on average 650pc more revenue from new products compared to companies that do not. 

“New product innovation is a top priority of every major company CEO, yet success varies so widely that it’s absolutely critical to understand what drives successful innovation and what undermines it,” said Tom Agan, senior vice-president and managing director, The Nielsen Company. “Once you understand it, then you need to ask yourselves, are we living it?”


To read the full, original article click on this link: SiliconRepublic.com: Senior management stifles innovation – Nielsen - R&D

Author: Grainne Rothery

3-D displays that don't require you to wear glasses are a devilishly tricky problem. But Microsoft's Applied Sciences Group has created a novel solution, in the form of a TV with a specially shaped lens that adjusts the image you see, depending on your viewing angle.

The TV knows where you are thanks to motion tracking software that follows exactly where your head is. Then, it calibrates a 3-D image to that specific viewing angle, and beams it through a thin, wedge-shaped lens that doubles as the TV screen. (Images are beamed into the side edge of the lens, which allows the whole assembly to be far more compact.) So far, the system can track and accommodate up to four people at a time.

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To read the full, original article click on this link: Microsoft's No-Glasses 3-D Display Watches You While You Watch It | Fast Company

Author: Cliff Kuang

innovation-newsNews about the “Innovation in Public Administration” theme from IIAS Members and our partners. You can also find them on a GoogleMap here.

Small Business Funding flowchartNIDA funds a diverse array of business-related projects!
Some examples include – BUT ARE NOT LIMITED TO! – projects such as:

* Treatment compliance
* Pain research
* Smoking
* Drug Discovery / Development
* Education
* Prevention

InformationWeek GovernmentThe White House is seeking public opinion about how best to utilize what it's calling the "golden triangle" of modern technologies, according to a blog post co-written by Google CEO Eric Schmidt.

Schmidt and post co-writer Shirley Ann Jackson are members of the President's Council of Advisors on Science and Technology (PCAST), which is seeking input on how the government can best use three categories of technology -- information technology, biotechnology, and nanotechnology – to provide economic benefit to society.

To read the full, original article click on this link: White House Seeks Input On IT, Science -- Science And Technology -- InformationWeek

Author:

baby computer office intern kid, Image: .A.A. via FlickrWhat a relief. Entrepreneurship is genetic. That’s great news. Here I’ve spent all this time (since 1974) thinking it was ideas, plans, teams, taking steps, getting things done, doing things well, paying the damned bills, solving problems, and all that hard stuff. What a waste!

In Is Entrepreneurship Genetic? on Brazen Careerist, Jake Poinier writes:

Roughly one third to 40 percent of the tendency to be an entrepreneur is innate rather than taught. Independence, tolerance for risk, ability to recognize opportunity, and leadership are all affected by your genes.


To read the full, original article click on this link: Why The Nature Vs. Nurture Debate About Entrepreneurship Is Completely Pointless

Author: Tim Berry

If you see DunkTank co-founder Blake Jennelle walking around Center City with a cowboy hat, cowboy boots and a fake beard, rest assured he hasn’t gone completely crazy.

Jennelle along with co-founder Chap Ambrose are subjecting themselves to public humiliation in order to raise money for their favorite charities using DunkTank, an expiramental new fundraising website launching this week that the two coded over a weekend.

The idea is to make fundraising fun by having users offer to perform dares in return from donations from strangers. Users will be able to post a profile, the charity they hope to raise money for and what that money will be used for. Visitors can then donate money to see the dare carried out, hopefully though a posted video or photos and comment why they donated.


To read the full, original article click on this link: DunkTank dares you to be charitable — Technically Philly

Author: Technically Philly

I love CEOs who challenge orthodoxies and dare to utter heretical thoughts. One of the most engaging I’ve encountered lately is Ray Kelvin. Ray who? The man who is Ted Baker. It’s hard to tell what he enjoys more — running his successful high-end clothing business or daring people to disagree with him. But it’s hard to argue with his company’s success.

In less than ten years, Kelvin has built one of the most successful global fashion brands. In 1997, when it went public, the business had revenues of $23 million; this year, it will be around $750 million. And Kelvin is still, palpably, having fun. One way he’s done that has been by proving truisms wrong. I spoke with him recently about the eight pillars of conventional business wisdom that he’s toppled on his path to success:

1. Entrepreneurs have to be optimistic. It may help to be a positive thinker, but that’s not what Kelvin was. He named his company Ted Baker so that, when it went into bankruptcy, no one would know it was his. Fear, he said, was a great motivator.

To read the full, original article click on this link: Ted Baker: Eight Business Rules I Broke to Succeed | On Leadership | BNET

Author: Margaret Heffernan

Create a Culture of Successful FailureVery often the best way to test an idea is not to analyze it but to try it. The organization that implements lots of ideas will most likely have many failures but the chances are, it will reap some mighty successes too. By trying numerous initiatives we improve our chances that one of them will be a star. As Tom Kelley, general manager of the design and development firm IDEO, puts it, “Fail often to succeed sooner.”

Recognizing the Importance of Failure

Deborah Bull is the creative director for the Royal Opera House in London. She is keen to encourage small companies of artists to come out with mad ideas and to try them. As she noted in a Financial Times article in 2006, “We need to get away from the idea that everything has to be a hit at the box office and a hit with the critics. If everything we do succeeds, then we are failing, because it means we are not taking enough risks.” Although it is arguable that an artistic bent almost certainly assures this viewpoint, Bull’s point is transferable to any industry.

To read the full, original article click on this link: Blogging Innovation » Create a Culture of Successful Failure

Author: Paul Sloane

EU Commissioner Maire Geoghegan QuinnEU Commissioner Maire Geoghegan Quinn has turned to the general public for its views on what reforms to Research and Development policy are needed to drive innovation.

Launching a public consultation today (17 June) she posed the question, “How can Europe become a better place to make scientific progress, and a better place to make products and services based on that knowledge?”

Finding the answer depends on getting input from the broader public, Geoghegan Quinn believes. “Consultation is very important,” she told a meeting and webcast, noting that since her term began in January she has talked widely, to researchers, scientists, member states, innovators and businesses about the “barriers, blockages and barricades” that stop bright ideas reaching the market. These obstacles must cleared before the foundations of the ‘Innovation Union’ can be laid, she said.

To read the full, original article click on this link: Science|Business Cooking the innovation pie

Author: Nuala Moran

Seed capital from angel investors can flourish into community development.  investment image by Kit Wai Chan from Fotolia.comThe bottom line of angel investing is that, in return for a large investment sum sometimes called seed capital, an angel expects a business to make a profit and give the investor a worthwhile return on investment. However, the capital offered by angel investors, and the economic developments that they often spur, can end up benefiting the entire community. Even in tough economic times, risks taken on behalf of angel investors to encourage the commercialization of a business innovation have the chance to provide returns for the entire community through their initial investment.

To read the full, original article click on this link: Angel Investors Innovation & Commercialization Community Benefits

Author: Think + Up

A couple of years ago, Ernie the Entrepreneur told me about his encounter with Victor the Venture Capitalist. (Not their real names.)

Victor was so impressed with Ernie's software startup that he was willing to invest $5 million. Ernie was thrilled. He only wanted $2 million!

But then Ernie was dumbfounded because his more modest request proved to be a deal breaker. Victor explained that he really needed to make bigger investments, given the size of his fund and his business model. Fortunately, Ernie later scored with one of the then-new breed of smaller funds that didn't think of $2 million as small potatoes.

To read the full, original article click on this link: Harris: Will venture capital 'right sizing' bring better returns? - San Jose Mercury News

Author: Scott Duke Harris

Data rate: Assuming one white-spaces Internet tower for every 2,000 people, with each person transferring data 24 hours a day, long-range wireless data speeds will vary considerably. Blue shows the lowest speeds; red the highest. Credit: Mubaraq Mishra/Berkeley/IEEE A person living in upstate Michigan may gain significantly more from the death of analog television than someone living in New York City--at least, as far as long-range wireless Internet is concerned, a study suggests. On November 4, 2008, the Federal Communications Commission voted to allow the "white spaces" in the radio spectrum that were freed up by the analog television switch-off to be used for long-distance wireless Internet connectivity. This spectrum will be unlicensed, meaning any standards-compliant device can use it.

The most detailed analysis yet of the potential of these white spaces for long-distance wireless Internet has now been published by researchers at the University of California, Berkeley. Their models illustrate how the interaction of population density, television stations, and economics will determine what consumers ultimately get.


To read the full, original article click on this link: Technology Review: Study Shows Inequalities in "White-Spaces" Wireless

Author: Tom Simonite

60-Second Science Which of these guys would you guess is stronger? Him? [Arnold Schwarzenegger saying “One of us is in deep trouble.”]. Or him? [Pee Wee Herman saying, “I’m having a party, and you’re invited!”] If you chose Arnold over Pee Wee, it’s not just because you’re an astute student of popular culture. A new study shows that people are able to accurately judge a man’s strength from his voice. The work appears in the Proceedings of the Royal Society. [Aaron Sell et al., http://bit.ly/9qnXXa]

The meek may inherit the Earth. But the powerful tend to prevail in physical conflicts. So it’s not surprising that humans have evolved the ability to accurately size up their potential opponents. Such assessments usually spring from visual inspection. But what if it’s dark out, or your rivals are at a distance or on the phone? Will auditory information suffice?

To read the full, original article click on this link: Male Voice Good Indicator of Physical Strength: Scientific American Podcast

Author: Scientific American

Want to see the future of global innovation?

The Next Silicon Valley caught a glimpse of it last week at a technology forum in Europe's
Flanders region in the northern part of Belgium, hosted by imec, the public-private, open innovation micro-and nanoelectronics research center, based in Leuven.  

Imec, which has helped shape the future of the semiconductor industry with its university and R&D partners for more than 25 years, is now helping Flanders replicate that successful R&D partnering model across other industry sectors, and across all of Flemish research institutes, making this region a prime destination for investment in innovative research and development, worldwide.

Imec's unique public-private based R&D charter is also driving that organizations innovation and tech development activities far downstream of its original CMOS semiconductor and EUV lithography research charter.


To read the full, original article click on this link: Flanders forges future in tech R&D as imec model flourishes | http://www.thenextsiliconvalley.com

Author: Richard Wallace

Lavca (Clinton Foundation) June 9, 2010 – President Bill Clinton, Frank Giustra and Oscar Von Hauske of the SLIM Foundation announced today the launch of Fondo Acceso, a USD $20 million fund for small and medium-sized enterprises (SMEs) in Colombia.

“Colombia and Latin America are home to countless talented entrepreneurs. But, unfortunately, many of them lack access to the tools needed to scale-up their business, employ more people, and ultimately uplift their communities,” said President Clinton. “The fund we are announcing today will address this need, and provide more people with the resources they need to lift themselves and their families into prosperity.”

“In the last decade, NGOs recognized the opportunity to provide micro-credit to enterprising individuals in poor and marginalized communities,” said Frank Giustra. “We believe the SME focus by Fondo Acceso will establish a new paradigm for providing equity capital to this growing market, which we hope will be adopted by the financial community at large,” he added.

To read the full, original article click on this link: Clinton, Giustra and Slim Launch USD $20 Million Fund in Colombia « Lavca

Author: LAVCA

Welcome to PIIt is very easy to get into data trap. As a startup, whatever is going up becomes the right metrics and whatever hitting southwards becomes a ‘futuristic ‘metric to track.

Lets talk about some real business – if you are running a coffee shop, what metrics would you track?

The first one that comes to one’s mind is ARPU, i.e. Avg Revenue Per User/Customer.

What’s the second most important metric? Repeatability or Average time spend in the coffee shop? Or something else?

Depending on who you are, you will define the metrics accordingly.

As a darshini hotel (or dhaba), you don’t care so much about repeatability [you want it, but you probably do not track it]. But if you are CCD/Barista, you probably care about that as well as average time spent [Darshinis/Dhabas are transactional in nature, while coffee chains would like to extract more of you as you spend more time].



To read the full, original article click on this link: Measurement 2.0 – What are the Right Metrics to Track? [Pluggd.in shares its data..]

Author: Ashish

LOS ANGELES, Jun 14, 2010 (BUSINESS WIRE) -- --$20 Million in Small Business Loans to be Provided Through Local Community Development Financial Institutions, including Valley Economic Development Center

--Business Education Partners to Include Los Angeles Community College District, Long Beach Community College District

The Goldman Sachs Group, Inc. /quotes/comstock/13*!gs/quotes/nls/gs (GS 135.14, -0.50, -0.37%) today announced the greater Los Angeles 10,000 Small Businesses initiative. Throughout the Los Angeles metropolitan area, the program will offer a unique combination of three resources to help small business grow and create jobs:

-- Business and Management Education: Small business owners will have access to a high quality business education developed in partnership with leading national business schools. Through the program, they can develop a business growth plan through a practical business and management education offered by Los Angeles City College, one of the nine campuses in the Los Angeles Community College District (LACCD), and The Long Beach Community College District. The education will be free to accepted business owners selected through a competitive application process administered by the Initiative for a Competitive Inner City (ICIC) in partnership with City College and The Long Beach Community College District. 10,000 Small Businesses is also partnering with LACCD's Los Angeles Southwest College to support the needs of small businesses with a particular focus on minority and low-income business owners in the South Los Angeles region. Southwest College will build its capacity to enhance its small business curriculum and associated business support services.


To read the full, original article click on this link: Goldman Sachs Launches 10,000 Small Businesses Initiative in the Greater Los Angeles Metropolitan Area - MarketWatch

Author: The Goldman Sachs Group, Inc.

-- GET WSJ LOGO --

Most investors have a straightforward mission: to get rich. But a newly launched angel group called New Media Ventures has a different agenda.

“The return on our investment for our investors is political,” Director Matt Ewing said. “This is about creating political change.”

New Media Ventures is a national network of early-stage investors looking to spend their time and money on start-ups building “progressive political power,” Ewing said. The group of angels was organized by Democracy Alliance, a five-year-old, left-leaning, non-profit activist group.

Ewing said New Media Ventures’ investors have feet in both the business and political arenas. Members share a belief that investing in start-ups is critical to the future of the progressive movement. The full roster of participants is not complete, but the six-person advisory board includes technology veterans such as Buzzfeed Inc. founder John Johnson and Microsoft Corp. alum and Frontseat.org founder Mike Mathieu.



To read the full, original article click on this link: An Angel Group For Political Gain - Venture Capital Dispatch - WSJ

Author: Ty McMahan

steve jobs iPhone 4 - Image: Associated PressApple's new iPhone 4, unveiled moments ago, is easily Apple's best yet. But it won't stop Google's surging Android operating system, and doesn't address some of Android's new strengths that are becoming weaknesses for Apple.

This is important because Google has quickly become Apple's archrival in the mobile industry.

And while Google is quickly updating Android to add neat features that Apple doesn't have, Apple isn't countering those features. It's growing in a different direction.

To read the full, original article click on this link: iPhone 4 Looks Great But Won't Stop Android

Author: Dan Frommer

Whether it was by gazing up at a starry night or by making a magnifying glass from a broken soda bottle, today's greatest science and math minds all got their inspiration from somewhere. Today we feature Jill Tarter, director of the SETI institute, who is trying to find evidence of extraterrestrial intelligence. For the next three Tuesdays, get exclusive insight into moments of genius at bigthink.com/momentsofgenius. This series is sponsored by Intel.

GET VIDEO



To read the full, original article click on this link: Moments of Genius | Big Think

Author: BigThink

New Media Ventures, the first national network of angel investors focused on creating political change, launched last week in New York. Investors in the network intend to provide seed funding to new media and tech startups that are developing "disruptive uses of technology" and, according to the press release, "have the potential to build progressive political power."

The Obama campaign is often touted as the premiere example of how social change can be affected by new technologies. From text messaging to Facebook to Twitter, these technologies were seen as key to engaging and motivating voters. But the history of Internet technologies and progressive political change certainly predates the 2008 U.S. Presidential campaign.

To read the full, original article click on this link: New Media Ventures Launches a National Network of Progressive Angel Investors

Author: Audrey Watters

Delivering Happiness: A Path to Profits, Passion, and PurposeUnless you’re from another planet, you’ve heard of Zappos, the online shoe retailer that was acquired by Amazon last year.  You’ve probably also read about the CEO of Zappos, Tony Hsieh, who has been interviewed often in the media, along with the amazing stories of Zappos’ success, and its legendary customer service.

Hsieh offers his thoughts in his new book, “Delivering Happiness:  A Path to Profits, Passion, and Purpose,” (Hachette Book Group), 2010.

The “Delivering Happiness” team sent me an advance copy of the book to review, and as a shoe-a-holic and Zappos fan, I eagerly devoured it.

To read the full, original article click on this link: Review of Delivering Happiness: A Path to Profits, Passion, and Purpose | Small Business Trends

Author:

In 2008, the European Union launched with great fanfare what is to be a flagship to fill the innovation gap, the European Institute of Innovation and Technology (EIT). Now comes the hard part: making it work. And so far, for those participating in the €309 million initiative, the problems are uppermost in their minds.

At a Science|Business Roundtable on the subject on May 26, when participants in the three Knowledge and Innovation Communities (KICs) launched in December were asked if they are happy with the way things are going, only three out of 10 said yes.

To read the full, original article click on this link: Science|Business EIT: Turning ideas into reality

Author: Anna Jenkinson

Mitchell York A new survey of entrepreneurs by job site SnagAJob.com found that just 21 percent of business owners with between two and 10 employees earn more than they had hoped to make when they started their companies. And these small business owners say they put in an average of 58 hours per week toward their business. (Which seems like relatively few hours to me.)

But among surveyed business owners whose companies had 11 to 100 employees, the financial satisfaction level was double that of the smaller firms, even though they work an additional 11 hours per week on average.

To read the full, original article click on this link: Entrepreneurship: It's Not Only About the Money

Author:Mitchell York

A man rides his bicycle along a destroyed building in Concepcion, Chile, Saturday Feb. 27, 2010 after an 8.8-magnitude struck central Chile.America's Pacific Northwest has a 37% chance of being hit by a magnitude 8 or larger earthquake in the next 50 years, a new study shows. That's more than double previous estimates of a 10-15% risk, says Chris Goldfinger, a marine geologist at Oregon State University in Corvallis.

In a monograph1 soon to be published by the US Geological Survey, Goldfinger and colleagues examined more than 80 core samples taken from the seabed between Vancouver Island, in south-western Canada, and Cape Mendocino, in northern California, looking for deposits from submarine landslides triggered by massive earthquakes.

To read the full, original article click on this link: Risk of giant quake off American west coast goes up : Nature News

Author: Richard A. Lovett

Microsoft has, for the first time, been beaten in market cap by Apple. At the close of the market today, Apple sat at $222.12 billion, a gain of 1.8%, while Microsoft went down 1% to $219.18 billion. That makes Apple, according to market cap, the most valuable tech company in the world. Yet compared to Microsoft, Apple has both less cash on hand ($23 billion vs. $35.7 billion) and less revenue ($42.9 billion vs. $58.4 billion). So the fact that the market has valued Apple higher is big news indeed.
Steve Jobs

To read the full, original article click on this link: Microsoft's and Apple's Product Lines Compared: This Is Why Apple Wins | Fast Company

Author:Dan Nosowitz

A tax bill passed by the U.S. House of Representatives today could double the taxes on venture capitalists as it relates to carried interest, effectively treating investors in early-stage companies worse than speculators in gold and oil derivatives, says the The National Venture Capital Association. The chief lobbying industry for the venture industry issued a harshly worded statement today after H.R. 4213 passed by a narrow margin of 215 to 204.

“It is both ironic and disconcerting that legislators can profess commitment to creating jobs – and then discourage the type of long term investment which has been a proven job creator for the last century," said Mark Heesen, president of the NVCA. "We are one step closer to unraveling an economic model that has made America the global center of entrepreneurship and innovation. We urge the U.S. Senate to make the necessary changes to maintain a meaningful incentive for long term investment in the start-up economy.”

To read the full, original article click on this link: NVCA: Tax bill treats venture capitalists like gold speculators

Author: John Cook

Remember Hotel Rwanda? That movie depicts the true story of a man fighting impossible odds to save everyone he could during the Rwandan Genocide in 1994. Hotel Rwanda was a symbol of desperate hope for survival. Almost two decades later, by contrast, Rwanda has many symbols of hope for a brighter future.

As a matter of fact, those hopes for the future have already been transformed into the reality of greater prosperity and opportunity for many Rwandans. Indeed, recent years’ economic reforms have made Rwanda one of the notable economies in the world. According to a just published World Bank study, Doing Business in the East African Community 2010, the Rwandan economy shines with a global ranking of 11th in opening a new business. Early this year, the Heritage Foundation’s Index of Economic Freedom told a similar story. Rwanda improved on half of the ten indicators of economic freedom, achieving the fourth largest score gain among 179 countries.

To read the full, original article click on this link: Rwanda’s Entrepreneurial Uprising | The Foundry: Conservative Policy News.

Author: The Heritage Foundation

Opening of ParliamentThe government today formally launched its promised energy security and green economy bill as part of the Queen's Speech, detailing plans for several new regulations and incentive schemes designed to accelerate the development of the low-carbon economy.

Speaking at the ceremonial opening of the new parliament, the Queen confirmed that her government would introduce legislation "to improve energy efficiency in homes and businesses, to promote low carbon energy production and to secure energy supplies".

To read the full, original article click on this link: Updated: Queen's Speech sets out energy security and green economy bill - 25 May 2010 - BusinessGreen.com

Author: James Murray

Forget MTV's reality show "The Real World" - if you're considering getting into the startup game but want to get a glimpse of what's in store, then The Founders 2010 is for you. The weekly video series is in its second incarnation and follows three startup companies - content crowdsourcing service Grogger, mobile augmented reality platform creator Omniar and property management software RentMonitor - in their adventures through Techstars.

Techstars is a 90-day program that provides seed capital and mentorship for Internet startups. The program offers up to $18,000 in seed funding as well as "the chance to pitch to angel investors and venture capitalists at the end of the program", according to the website. From what we've seen, the program has quite the success rate, with nearly 70% of companies coming out of Techstars raising outside funding or becoming profitable on their own.

To read the full, original article click on this link: Move Over Real World, The Founders 2010 is Here

Author:  Mike Melanson

SBIR GatewayThis morning, May 23, 2010, on Meet the Press, multi Pulitzer Prize winning author and columnist Thomas Friedman stated: "Money in politics is so out of control… really our congress is a form for legalized bribery, you know that's really what its come down to."

With that in mind, let's explore the status of the SBIR reauthorization efforts, and the long time refusal of the House Small Business Committee (SBC), and the House Science & Technology (S&T) Subcommittee to even respond to the Senate Committee on Small Business and Entrepreneurship (SBE) compromise language offered up back in October 2009.

Secrets can't be kept forever and details of the Senate's SBIR compromise offer to the House back in October are now coming to light. It shows just how hard the Senate SBE worked to try and reach an agreement with the House Small Business Committee (SBC), in order to pass an SBIR reauthorization bill.

To read the full, original article click on this link: SBIR Insider 5-24-10 Issue

Author: Rick Shindell

Thumbnail image for Thumbnail image for ibm.jpegIBM is buying Sterling Commerce for $1.4 billion. It is IBM's largest acquisition since purchasing Cognos in 2007 for $922 million.

The acquisition of the AT&T company is intended to complement IBM's middleware portfolio and help customers develop more intelligent business networks. Gartner believes the acquisition is a complement to IBM's acquisition of Cast Iron Systems a few weeks ago.

The transaction environment is undergoing rapid change as customers increasingly make purchases online and through electronic systems via any number of indirect channels. IBM's expectation is that Sterling Commerce will simplify the way organizations connect and communicate with partners, customers and suppliers through an on-premise infrastructure or cloud delivery model.

To read the full, original article click on this link: IBM Buys Sterling Commerce For $1.4 Billion

Author: Alex Williams

Welcome to PII get a lot of ‘Oh really!’ sort of expression, when we share some of the hard facts about Pluggd.in with our business partners.

Hence I thought I will take this opportunity to share some of the hard facts with our most important partners, i.e. our readers.

1. We are not a not-for-profit business.

There are several bloggers who just do it for fun. Several startup organizations which are run on a not-for-profit business. Even Pluggd.in was started like that, but has now turned into a serious business. And we are, just like any other startup trying to create bigger value here.

To read the full, original article click on this link: 10 Facts about Pluggd.in – Who we are, What we do

Author: Plugged In

Visibility versus CredibilityI love 2×2 matrices. But there are worse crimes I suppose. Of course they oversimplify things, deny shades of grey, limit ‘nuancing’ and so on.

But they work for me.

They help to clarify where we are, where we need to be and can generate ideas about how we get there. Take this 2×2 for example which maps the credibility/utility of the service we offer versus its visibility/accessibility.

To read the full, original article click on this link: Where is Your Enterprise Service At….? « Enterprise and Entrepreneurship in the Community

Author: Mike Chitty

How do you think about creating new products and services in your company?

Are you a blockbuster organization, placing your bets on a few big bets with tremendous payback potential, like Apple? Or do you sow many smaller seeds, hoping a few might might break the surface and sprout, the strategy of the American TV broadcast networks? Maybe you practice kaizen, the process of gradual improvement perfected by the Japanese (and Google).

To read the full, original article click on this link: Invent Like an Egyptian: Rosabeth Moss Kanter's Innovation Pyramid | The View from Harvard Business | BNET

Author: Sean Silverthorne

Rex Jung at the Mind Research Network's M.R.I. center. Grab a timer and set it for one minute. Now list as many creative uses for a brick as you can imagine. Go.

The question is part of a classic test for creativity, a quality that scientists are trying for the first time to track in the brain.

They hope to figure out precisely which biochemicals, electrical impulses and regions were used when, say, Picasso painted “Guernica,” or Louise Nevelson assembled her wooden sculptures. Using M.R.I. technology, researchers are monitoring what goes on inside a person’s brain while he or she engages in a creative task.

Yet the images of signals flashing across frontal lobes have pushed scientists to re-examine the very way creativity is measured in a laboratory.


To read the full, original article click on this link: The Mind Research Network and Charting Creativity - NYTimes.com

Author: PATRICIA COHEN

In March, President Obama announced the National Export Initiative (NEI) in order to improve conditions that affect the private sector's ability to export. By working to remove trade barriers and hurdles to entering the export market, the NEI seeks to help meet the Obama administration's goal of doubling exports over the next 5 years.

While exports accounted for almost 13% of GDP in 2008, the global recession that began in 2009 hit exporters and employees particularly hard. The government's efforts to facilitate exports are meant to spur employment opportunities and economic growth.

Shipwire, an e-commerce fulfillment service, announced the results today of a study that examined the trends of small businesses' exports and expansion into global markets. The study was based on Shipwire's customers in the U.S. and abroad in 2008 and 2009 and points to an increase in small businesses' growth overseas.


To read the full, original article click on this link: Study, Government Initiative Point to Small Businesses Expanding into Overseas Markets - ReadWriteStart

Author: Audrey Watters

http://static.howstuffworks.com/gif/tires-and-wheels-1.jpgOf the nearly 300 million tires discarded in the United States each year, more than half end up either as landfill or are burned for fuel in cement kilns and in other industries.

Lehigh Technologies of Tucker, GA, has developed a process for rejuvenating discarded rubber that could open up new recycling opportunities. If the company's technology catches on, it could carve out a billion-dollar market for high-performance recycled rubber.

Used rubber is hard to recycle because it is vulcanized--hardened and rendered chemically inert--by the addition of sulfur and other compounds to the material's long molecular chains. Small chunks of used tires can be partially melted and used as filler in asphalt, but devulcanizing rubber involves expensive chemical and thermal processes.

Lehigh Technologies instead shatters rubber into a fine powder using a process that involves freezing old rubber and smashing it to pieces. This starts with tires that have been torn into half-inch chunks using conventional shredding equipment. Lehigh mixes these rubber pieces with liquid nitrogen, cryogenically cooling the rubber to -100°C. The rubber is then fed into a high speed "turbomill" that shatters it into particles no more than 180 microns in size.

To read the full, original article click on this link: Technology Review: New Life for Old Tires

Author: Phil McKenna

Doctor

For those under the impression that technology will replace doctors, I wouldn’t get ready for the revolution just yet. A new study by a patient safety group has found mistakes and near misses involving electronic health records were analogous to those made with paper-based records with one caveat: Mistakes made with EHRstend to beamplified and can affect a larger group of people.

The Pennsylvania Patient Safety Authority study looked at 3,099reports from Pennsylvania hospitals detailing 3,946 problems. More than 2,700 incidents involved near misses and 15 involved temporary harm to patients. The study focused on incidents from 2004 to 2012 in which electronic health records were the root cause in the event, as opposed to being incidental.

altIt is easy to lose sight of what's working for Oklahoma while dealing with a down economy. Perhaps now is a good time to reflect and refocus on our science and technology journey.

Oklahomans must have watched with wonder as Sylvan Goldman rolled out his innovative shopping cart in 1937. Similarly, Carl Magee unveiled the first parking meter in 1935 at Robinson and Park Avenue in Oklahoma City. Wiley Post, Oklahoma aviator and inventor, made headlines in 1934 when he went aloft in the world's first-ever pressurized suit. These examples are a prelude to the innovation climate that we continue to build today.

Today, Oklahoma researchers and firms are involved in developing robots to save lives and gather intelligence, unmanned aerial vehicles that keep our soldiers safe in Afghanistan and cutting-edge proton therapy that's making a difference in the lives of cancer patients. Research teams at the Oklahoma Medical Research Foundation have captured the attention of researchers and physicians around the world with their extensive catalog of autoimmune disorders and, most importantly, with innovative ways to treat these disorders.

Screw Flickr Photo Sharing

If you’re going to start an internet business in Nigeria, get ready to be screwed. That’s IROKO Partners‘ founder Jason Njoku’s biggest takeaway from the company’s journey since its inception. In the last three years, the company has become synonymous with Nigerian content using the infectiously popular Nollywood as a segue, but getting there hasn’t been particularly easy.

Image: http://www.flickr.com/photos/36524847@N03/3713441792 

NewImage

Clifton, NJ, USA January 28, 2014

Pervasive Group, Inc. is pleased to announce the launch of Mobily Guardian™, the first carrier-branded Mobile Parental Control solution in the Kingdom of Saudi Arabia. Mobily Guardian, powered by the award-winning and patent-pending MMGuardian™ Mobile Parental Control platform and technology, provides a feature-rich, cloud-based, and carrier-grade mobile parental control offering for parents who want to protect their children from the risks and dangers associated with smartphone use.

Mobily Guardian combines an advanced set of features as well as an intuitive user interface available in both English and Arabic.

 


NCET2Annual University Startups Conference

NOW IN ITS 7th YEAR!

University Startups Showcase and Conference 2013

March 20-22, 2013

Washington Convention Center, Washington, D.C.

"Corporate Venture Capital and University Startups: An Open Innovation Paradigm"

GETTING YOUR UNIVERSITY STARTUP FUNDED

2 WEEKS LEFT

REGISTRATION CLOSES: Friday March 15, 2013

(no onsite registrations)

Click here to register

or go to http://www.ncet2.org/index.php?option=com_content&view=article&id=543

save money

Yesterday I read an article on Forbes about how crowdfunding could potentially change the face of consumer electronics. In that article, there was a list of products showcased at CES this year which came into existence because of crowdfunding. If you want to know how to get funded online, this could be the way to go for you also.

If you are unfamiliar with the crowdfunding concept, it describes the collaborative efforts of many people who pool their money online to support the efforts of other people. It can be used for all kinds of things, but the most popular seems to be startup company funding.

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Venture capitalists are bullish on early- and late-stage investing.

That's what everyone was saying at "Financing Innovation," a panel event put on last week by Stanford University's Graduate School of Business and the Financial Times, including Egon Durban, a managing director at private-equity firm Silver Lake (via Stanford GBS News):

"Because rates are so low you're near the bottom of what it costs to buy money if you are a company," (he said). Returns are more than triple that of costs. "We are open for business."

AIM

Results At baseline, 418 participants (10.7%) had cognitive impairment. After a 2-year follow-up, 207 of 3485 initially unimpaired subjects (5.9%) developed incident cognitive impairment. Compared with participants without physical activity, fully adjusted multiple logistic regression analysis showed a significantly reduced risk of incident cognitive impairment after 2 years for participants with moderate or high physical activity at baseline (odds ratio (OR), 0.57; 95% confidence interval (CI), 0.37-0.87 (P = .01); and OR, 0.54; 95% CI, 0.35-0.83 (P = .005); respectively). Further subanalysis including participants (n = 2029) without functional impairment and without prodromal phase of dementia resulted in an even higher reduction of risk of incident cognitive impairment for participants with moderate or high physical activity (OR, 0.44; 95% CI, 0.24-0.83 (P = .01); and OR, 0.46; 95% CI, 0.25-0.85 (P = .01); respectively) compared with no activity.

Most people think that creativity is a mystical state available only to the chosen few.

The effort, they imagine, takes a lot of time and hard work. And since they don't have the time and don't like hard work, they reason that higher states of creativity are just not in the cards for them. And so it isn't.

But creativity isn't a mystical state. It's a natural state -- a human birthright. The people in your organization, in fact, are already creative. The only thing is: their natural creativity is being obscured by their own habits of mind and a variety of bothersome organizational constraints.

If you want to create an effective energy policy for your company, you need to understand how energy consumption and production are likely to change in the foreseeable future. At least two broad trends are important to keep in mind. First, while renewable energy sources, such as solar and wind power, receive a great deal of attention, they will remain minor contributors to our overall energy mix. Nearly all our energy is derived from fossil fuels, whether petroleum, natural gas, or coal, and that will remain true for at least the next few decades. Second, demand for energy will continue to grow, keeping prices high. Although industrial energy consumption fell in 2009 as a result of the worldwide recession, by 2017 or so the industrial sector will consume more energy than all other users combined. That will not change for decades to come.

After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (or friends and fools).

First of all, despite a few visible blowout successes, the odds of a payback from investing in startups is very low (that’s why VCs look for 10X returns to cover failures). Most investors agree the odds are better buying traditional public stocks, or even commodities. Even the hot new “crowdsourcing” companies springing up have yet to show any significant returns to investors.

Many of the products and devices that make our daily lives healthier and easier got their start in a university laboratory. University research led to drugs to reduce the risk of blood clots and pills that combine many HIV medicines, for example, making treatment easier. Other advances big and small include sensors that help children avoid airbag injuries, allergy pills that make us less drowsy, and cat food that reduces hairballs.

The science and engineering work force is expected to grow faster than any other sector of the U.S. labor market in coming years, according to the U.S. Bureau of Labor Statistics, but where this tide of employees will come from is an unknown. In recent years international students, particularly those from China and India, have accounted for almost all growth in doctoral degrees awarded in science, engineering, technology, and mathematics. But relying on non-U.S. citizens for this nation’s science and engineering needs is an uncertain path, as many of these students may choose to return to their home countries, says a new report from the National Academy of Sciences, National Academy of Engineering, and Institute of Medicine.

Lack of confidence in your self, your product, and your startup is a surefire recipe for disaster.

At the other extreme, too much confidence or arrogance can kill you just as fast. It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues.

I’ve written about these before, but since I see them so often, I thought it might be worth reiterating.

All the experts these days are talking about the increasing need for customer focus and maximizing sales. Typically entrepreneurs and even professional sales people think this means more emphasis on the customer selling process, when in fact it means spending more time understanding the customer buying process (view from the customer).

According to Kevin Davis, as outlined in his latest book “Slow Down, Sell Faster!” and a related article, the single biggest mistake people make is that they try to close the sale too fast. They arrive at the end of their "pitch" just as the customer is beginning to recognize they have a need! They leave the scene just as the prospective customer begins shopping around for a solution by looking at the competition. Not good.

By guest authors Irina Patterson and Candice Arnold

This is the fiftieth interview in our series on financing for entrepreneurs. I am talking to Marianne Hudson, executive director of the Angel Capital Association.

Overland Park, Kansas-based ACA is is a non-profit trade association. It counts among its members more than 150 angel groups throughout the United States and Canada that represent more than 6,500 angels. The mission of ACA is to support the growth, financial stability, and investment success of member angel groups.

The Top Seven Intelligent Communities of 2011 will be announced at the annual conference of the Pacific Telecommunications Council in Honolulu, Hawaii during a luncheon Awards ceremony starting at 12:00 pm local.

Simultaneously, ICF will post a video announcement of the Top Seven Intelligent Communities of 2011 here at 6:30 pm Eastern Standard Time on Wednesday, January 19.

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A bipartisan initiative known as “21st Century Cures,” spearheaded by the House Energy and Commerce Committee, is aiming to keep the U.S. at the forefront of biomedical innovation.

The U.S. bio-phrama industry’s distinction as No. 1 hasn’t gone unnoticed in the rest of the world, says “A Path to 21st Century Cures,” a white paper that describes the initiatives main objectives. “(O)ther nations are now actively working to gain a competitive edge in various elements, whether through a focus on basic research or a streamlined approval process to bring new treatments to market more quickly,” according to the report.

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Gender has always affected our buying decisions and this now extends to responding to online ads. Small businesses need to customize their social media strategies based on their type of customer to achieve the best results.

According to recent studies by Pew, Exact Target and Nielson, 56% of men who surf the Web will respond to ads with coupons compared to 39% of women. Alternately, 71% of women will ‘Like’ or follow a particular brand for deals compared to only 18% of men.

Image: http://smallbiztrends.com 

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Some people seem naturally charismatic. They walk into a room and people are drawn to them. They’re influential with employees, coworkers, and bosses. People just listen to them.

“Everyone has a different definition (of charisma). One of the ones that I like is that it’s both a quality that makes people do whatever you want them to do as well as a quality that makes people, when you walk into a room, go, ‘Wow. Who’s that?’” says charisma coach Olivia Fox Cabane, author of The Charisma Myth: How Anyone Can Master the Art and Science of Personal Magnetism.

Image Courtesy of Ambro / FreeDigitalPhotos.net

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It’s true that the octopus is super weird. These animals have blue blood and three hearts. And as online personality and humorist Ze Frank points out in his latest video creation, it seems that they can also “fart ink at a moment’s notice”—pointing to this as “evolution at its finest.”

The video’s tongue-in-cheek tone might lead you to think that Frank is providing a bit of gross exaggeration. But he’s actually basically right about this—and a lot of other things in his recent video creation “True Facts About the Octopus” (below).

Image: courtesy of Flickr/Sarah Spaulding 

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Now research reveals that even top-notch umps are subject to decision-making bias, often in a game’s most important moments. That’s according to a study to appear in an upcoming issue of the journal Management Science. (Jerry W. Kim and Brayden G. King, Seeing Stars: Matthew Effects and Status Bias in Major League Baseball Umpiring)

Image Courtesy of vectorolie / FreeDigitalPhotos.net

How LEGO Stopped Thinking Outside the Box and Innovated Inside the Brick Knowledge Wharton

Knowledge@Wharton: We're here today with Wharton practice professor David Robertson, author of the new book, Brick by Brick: How LEGO Rewrote the Rules of Innovation and Conquered the Global Toy Industry. David, thanks for being with us today.

David Robertson: Thanks for having me.

Knowledge@Wharton: I had a chance to read the book. The story of LEGO's transition from a small company that made wooden toys to a worldwide giant is pretty interesting. Could you briefly discuss its origins?

Robertson: Sure. It (started with) a failed carpenter in 1932. Denmark was in the midst of a recession like much of the world, and a carpenter named Ole Kirk Christiansen was having trouble getting the wood he needed to make furniture. So he took scraps of wood and made toys for kids, which actually did pretty well. He turned that into a business and started LEGO in 1932.

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Below are Top 10 pharmaceutical companies based on market capitalization at the end of the second quarter 2012, and the year-ago quarter, calculated by multiplying the number of outstanding shares by the share price. U.S. companies generally report their numbers of outstanding shares in their 10-Q quarterly earnings filings with the Securities & Exchange Commission. Companies based outside the U.S. either disclose market cap directly, or their numbers of shares “in issue” or “in free issue” in half-year and full-year results disclosures.

University of Maryland, Eastern Shore

A six week trial, which ended in February, was a challenge to the distribution of resources among Maryland System institutions. Do

Historically Black Colleges and Universities (HBCU) get their fair share? Are they “comparable and competitive” to the state’s majority-White universities? The institutions are Bowie State University, Morgan State University, Coppin State University and the University of Maryland Eastern Shore (pictured).

Science Tech

Last week, as reported by Forbes, congress auctioned off underused wireless spectrum– even though a wireless broadband infrastructure is a necessary part of advancing a thriving 21st century economy.  The Dodd-Frank financial overhaul has been a disaster for businesses, which will also continue to have an impact on the economy.  But, the sharp decline in American innovation and the plummeting levels of U.S. students’ math and science performance cannot be overlooked in assessing the state of the economy.

The Heritage Foundation reports that back in 1983, The National Commission on Excellence in Education reported that our once uncontested world dominance in science, technology, commerce and industry was at risk.  Over two decades later, in 2010, the National Academies of Science, Engineering and Medicine warned that, “Today, for the first time in history, America’s younger generation is less well-educated than its parents.”

WindFarm

While they all conceded that thus far there had been more talk than action, several also argued that it is almost impossible to overstate their case.

"Are we promising too much and delivering too little? Where are the green economy jobs?" challenged policy expert Crispian Olver. "I'm not convinced there's enough on the table."

Ravi Naidoo from the Development Bank of Southern Africa agreed that there has been "a lot of talk and there needs to be more action," but also said investors need to take a long-term approach.

"We have to position ourselves in the long run, and that means environmental goods and services, and those aren't going happen in the next five years," Naidoo said. "We shouldn't fool ourselves into thinking if we don't do it in the next five years, (then) we should give up."

Roundworm

Strangely enough, the article in today’s New York Times about Cornelia I. Bargmann‘s study of the neurology of worms, with it’s “social map” graphic of the 302 neurons of the roundworm caenorhabditis elegans, made me think about Portland, Maine. The round worm is of interest because “the study of its nervous system offers one of the most promising approaches for understanding the human brain, since it uses much the same working parts but is around a million times less complex.” When Time Warner rolled out Road Runner in 1997, they chose Portland as their test market, for reasons perhaps similar to why scientists study the roundworm’s brain—in many ways it has many of the “working parts” of much larger metros, but at a scale that is much easier to keep track of.

Rhode Island Advisory Council

 

As part of the Governor's survey of best practices in technology-based economic development, the next meeting of the RI Science and Technology Advisory Council (STAC) will feature a presentation by Dr. Christina Gabriel on how Pittsburgh's tremendous growth has been accelerated by strategic investments and innovative collaborations. The meeting is scheduled to take place Wednesday, June 8th from 1:00 to 3:00 p.m. here in the offices of the RI Economic Development Corporation. Other agenda items will include a presentation on the newly formed RI Consortium for Nano Science and Nano Technology as well as updates on STAC initiatives.

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For the next four days if you’re in the tech industry you’re going to hear a non-stop stream of information about SXSW. It’s the time of year when many new startups are struggling to rise above all the noise and be heard. And when everybody is shouting it becomes overwhelming.

I’m actually in Austin at the moment. It turns out this is “the year of group messaging” and since I’m a shareholder in the largest player in the space, TextPlus (7.7m monthly actives), I thought I should come here to represent.

But … that’s all I have to say about that.

THE Technology Innovation Agency (TIA), which was launched on Friday with R410m in funding, is looking for new inventions in science and technology with the potential of being commercialised.

The agency was formed from a merger of seven organisations that were being funded by the Department of Science and Technology.

Its mandate is to stimulate technological innovation in order to improve economic growth.

Newly appointed CEO Simphiwe Duma said that for the ideas to be funded, there should be an opportunity for those products to be sold to the market.

altFour remarkable scientists join the forty-four scientists and innovators who have been inducted into the Canadian Science and Engineering Hall of Fame. This year's inductees are Dr. George C. Laurence (1905-1987), Dr. Henry Norman Bethune (1890-1939), and the team of Dr. James Till (1931- ) and Dr. Ernest McCulloch (1926- ).

"Dr. McCulloch and I deeply appreciate this great honour," said Dr. James Till.

The Canadian Science and Engineering Hall of Fame honours individuals whose outstanding scientific or technological achievements have made a significant contribution to Canadian society.

"Since its creation in 1991, the Hall of Fame has been known for the high calibre of its membership, and has served as a reminder to all young Canadians of the possibility of conducting exceptional scientific and engineering research in this country," said Denise Amyot, President and CEO of the Canada Science and Technology Museums Corporation. "The achievements of these individuals have been so remarkable, and their contribution to society so great, the Museum wants all Canadians to be aware of their accomplishments."

altFounder and chief executive, Eliason Media, Urbandale

Business description: Eliason Media is a technology company that focuses on creating innovative Web and mobile properties for brands and agencies. We also create our own properties like GeoClip.it, which is a mobile application for consumers to find deals at businesses nearby.

Background: I graduated from the University of Iowa with a degree in economics and business administration. I received a certificate of entrepreneurship from the John Pappajohn Entrepreneurial Center.

Notable achievements: Owning my own company.

Why I do what I do: I love the thrill of taking innovative ideas and making them a reality. As an entrepreneur, you have to move quickly to turn concept into reality. I enjoy working everyday with our team to make technologies that better serve our clients and consumers.

altIn a couple of weeks, I’m speaking to 500 students who’ve studied entrepreneurship and who hope to make their marks on the business world. So what should I tell them?

It could be the usual stuff: Do something you know and love, make sure your product or service is unique, surround yourself with talent, and be prepared to dig into savings for a while. Not very inspirational, I’m afraid. When I’m asked to give the reasons for my success, none of those things immediately comes to mind. Here’s what does.

When I was 19, still in college studying accounting, my mother passed away. I loved my mother and she loved me, and she was my biggest fan (my dad, too!). My mom always encouraged me with confidence and support. Her death was devastating. Just after the funeral, as my brother, father, and I were together driving away from the cemetery, I turned my head towards her gravesite, and told her that I would make her proud — that she didn’t need to worry — I wouldn’t let her down. The image remains remarkably vivid. It was my initial motivation to succeed.

david gelernterYale University computer science prof David Gelernter just became a very wealthy patent-owner.

Well, potentially.

Three years ago, he sued the technology behemoth, Apple, for infringing on three patents held by his company, Mirror Worlds.

Friday, a federal jury in Tyler, Texas, agreed with him, and ordered Apple to pay $625.5 million in damages.

Apple is fighting the verdict, but if it is upheld, it will be one of the largest wins in patent lawsuit history.

altSeeking world class executive for key business development role in fast growing venture development firm. Oversees business development initiatives for a portfolio of young technology companies. Responsible for assessing new markets and analyzing business opportunities. Develops business plans and implements go-to-market strategies. Serves as part-time CEO for one or more portfolio companies in their early stages of growth. Contributes to assessment of new technology licensing opportunities. Duties include negotiating contracts, initiating proposals, and raising investment. Must have both business and technical acumen and be able to quickly understand a variety of new technologies and the markets to which they apply. Leads and directs the work of others. Reports directly to Virtual Incubation Company CEO.

The Comcast Tower. A cable group is asking the FCC to set conditionsfor an NBC Universal deal.First Round Capital, the West Conshohocken venture-capital firm, was the third-largest venture-capital investor in the United States over the last year, as measured by the number of deals.

The firm is directed by Josh Kopelman, the founder and seller of Infonautics, half.com, and TurnTide, and his comrade Chris Fralic, along with their

West Coast and New York partners. First Round's performance was tracked by both CB Insights and the PricewaterhouseCoopers MoneyTree surveys.

First Round averaged a deal a week, more than Sequoia Capital or Benchmark Capital, and almost as many as Kleiner Perkins Caufield & Byers, among other big Silicon Valley firms.

Kapil SibalThe 14 new 'innovation varsities' the government has decided to set up will be unique in the context that each university's financial, academic and research structure will be different from the other.

"These universities will be innovative in their governance, in their financial structure, in their academics and research structure, in their content and in every other way," HRD Minister Kapil Sibal said today.

The varsities will be unique institutions which will set benchmarks in academics, and more importantly, in research comparable to the best in the world, he said speaking at the golden jubilee celebration of IIT Delhi.




Masuyuki Naruse, a Japanese inventor, combined the accelerator and brake pedal. He believes the contraption will reduce the number of car accidents by limiting driver confusion over the two pedals.

altThe market for venture capital in the United States is expected to shrink in the next five years while an expansion is predicted for the industry in emerging markets such as China, India and Brazil, Tech Crunch reported, citing a survey of 500 V.C.s by Deloitte and the National Venture Capital Association.

90 percent of the V.C.s surveyed in the U.S., Europe and Canada said they expected a drop in the number of venture companies between now and 2015. The majority of venture capitalists questioned in developing markets, meanwhile, anticipated the opposite to trend in their countries.

a pocket stereoscopeToday's news is that director James Cameron personally banked $350 million making 3D blockbuster Avatar.

So is 3D the next big thing?

Well… it always has been.

3D images have been around for almost two-hundred years. The first attempt at a 3D movie was made before 1900.

There have been boom days for 3D before now, and so far, they have all been followed by busts.

This might well be the real thing this time, but it's worth knowing the history that suggests differently.

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Where: Czech Permanent Representation to the EU (15, Rue Caroly)

When: 14th July 2010 from 13h30 until 17h30 (followed by a reception)

Organizers: CEBRE – Czech Business Representation to the EU and Czech Permanent Representation to the EU under the auspices of Czech Permanent Representative H.E. Milena VICENOVÁ

The EU has been promoting stronger strategic involvement in innovation policies in the recent years. To name a few, Small Business Act for Europe (June 2008) stressed the important role of innovative SMEs for European economy. Conclusions of European Council (December 2008) called for European plan for innovations, the European Year of Creativity and Innovations (2009) underlined the key role of innovation in EU policy making. The European strategy for growth EU2020 proposed in March called for 3% of GDP to be invested in R&D and targets one of its flagship initiatives “Innovating Union” and June European Council shall reaffirm this strong European commitment towards more strategic approach to innovation policies. Furthermore, Belgian Presidency plans to organize in cooperation with Council President Van Rompuy a summit dedicated to innovations in the autumn.

The seminar aims at discussing three important fields of innovation:

  • Innovation in markets and intelligent networks
  • Innovative solutions in environment
  • Regional priorities in innovation – transfer of technologies

Key interventions shall be done in various panels by:

  • Mr. Arnaldo ABRUZZINI, Secretary General of EUROCHAMBRES
  • Mr. Ladislav MIKO, Director for Nature and biodiversity, agriculture, soils and forests at DG ENVI, European Commission
  • Mr. Paul RÜBIG, Member of European Parliament’s Committee on Industry, Energy and Research
  • Mr. David HARMON, Member of the Cabinet of Commissioner Máire Geoghegan-Quinn

…and many other distinguished speakers

Ii6 logon our increasingly interconnected and globally competitive world economy, unleashing innovation is an essential component of a comprehensive economic strategy…[T]he greatest job and value creators of the future will be activities, jobs, and even industries that don’t exist yet today.
- President Obama, “A Strategy for American Innovation”


 The i6 Challenge is a new $12 million innovation competition administered by the Economic Development Administration (EDA) of the U.S. Department of Commerce, in partnership with the National Institutes of Health (NIH) and National Science Foundation (NSF). EDA will award up to $1 million to each of six winning teams with the most innovative ideas to drive technology commercialization and entrepreneurship in their regions. NIH and NSF will award a total of up to $6 million in supplemental funding to their SBIR grantees that are associated or partnered with the winning teams. We encourage entrepreneurs, investors, universities, foundations, and non-profits to participate in the i6 Challenge. The deadline for applications is July 15, 2010. For more information, email This email address is being protected from spambots. You need JavaScript enabled to view it., check out our Frequently Asked Questions, and join the upcoming i6 Challenge conference call on June 21 at 4pm EDT / 1pm PDT.

alt Like a cable TV news show free-for-all replete with raw emotion and derisive accusations, the creative class has recently been confronted with a lively debate between two of its most influential members, the Ewing Marion Kauffman Foundation and the Association of University Technology Managers. They may not be household names, but the disagreement between the two organizations highlights an important public policy issue that must be addressed in order to strengthen America's leadership in innovation, economic growth, and job creation.

Academic researchers should be "unleashed" from the "inefficient, monopolistic" technology transfer offices at their universities, leaders from the Kauffman Foundation suggested in a Wall Street Journal op-ed last November. They then applied the coup de grâce in a January-February 2010 Harvard Business Review piece by calling for "any inventor professor to choose his or her licensing agent—university-affiliated or not—just as anyone in business can now choose his or her own lawyer."

RICH BENDIS PRESIDENT AND CEO OF INNOVATION AMERICA ,HAS THE PRIVILEDGE OF SERVING AS A BOARD MEMBER OF THE SCIENCE CENTER IN PHILADELPHIA, THE OLDEST AND MOST SUCCESSFUL URBAN SCIENCE  CENTER IN THE UNITED STATES.

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Although opportunities for startups to receive funding from angel investors and venture capital are gradually becoming more widely available, a very small percentage of entrepreneurs are able to pursue these opportunities and actually get funded through them. This was revealed in the Seed Academy startup survey 2015 which polled more than 900 entrepreneurs running startups that are less than five years old, with the aim of getting a national snapshot of the startup scene in South Africa.

 

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Less than 200 early stage deals are done in India in a year. Which means, thousands of startups don’t get funded. Which in turn means: if you are an early stage entrepreneur, you need to learn the art of bootstrapping. Like, right now. Wingify, which refused external funding and is still going strong, is one company to learn from.

The Delhi based startup founded by Paras Chopra, has its beginnings in the humble notepad. Today the bootstrapped startup has a flagship product called Visual Website Optimizer, with 3,300 customers across 80 plus countries and has around $6 mn in annual revenues.

Image: http://www.nextbigwhat.com 

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Since its successful launch in 2007, the Charité Entrepreneurship Summit has become an international forum for participants and speakers from medicine, the life sciences, entrepreneurship, venture capital, tech transfer, and related fields.

On April 23-24, 2012, Stiftung Charité, Kauffman Foundation, and Charité Medical School will host the fifth “Charité Entrepreneurship Summit” at Humboldt Carré in Berlin. Once again researchers, clinicians, and doctoral students present fresh ideas and learn from successful entrepreneurs, investors, and business developers.

User Group Chart

When it comes to your participation in social media, are you spending most of your time on Facebook and Twitter? If so, you might be overlooking the marketing potential of a very important and valuable social network: LinkedIn.

According to Lab42's July 2011 survey of 500+ LinkedIn users, 61% of LinkedIn users said LinkedIn is the social site they use most for professional networking. Thirty-five percent also indicated they check the site daily. Now that's quite a bit of activity!

note: are you aware of the Innovation America LinkedIn Group?  If not, you should certainly get involved now.  You can do so by clicking: this link.

Office Worker

According to Startup Smart, Ernst & Young has released a report stating that people are not born entrepreneurs, the traits are learned.

According to the survey, 54% of respondents say they did not start their business until they were at least 30, contradicting the widespread claim that 25 is the peak age to start a business.

Meanwhile, nearly 60% described themselves as “transitioned” entrepreneurs who have previously worked in a corporate environment before branching out on their own.

Rich Bendis

The U.S. must move quickly to develop a national innovation strategy if it is to remain competitive in the global economy, a panel of experts said at the AAAS Forum on Science and Technology Policy.

They also outlined the roles that regions, universities, and government can play in developing such a strategy.

“I’m optimistic that we will end up getting it right,” said Rob Atkinson, president of the Information and Technology Innovation Foundation (ITIF). “The real question is, we don’t have all day to do that. We’ve probably got about 10 years. If we don’t get it right in 10 years, we basically will end up like the U.K., [with] very little manufacturing and then struggling to catch up again. It’s just a very, very hard thing to do once you’ve lost it.”

EurActiv LogoWhen it comes to innovation, the European Union still leads India and Russia, but Brazil is making steady progress and China is catching up quickly, according to latest figures released by the European Commission yesterday (1 February).

Sweden ranks top in innovation, followed by Denmark, Finland and Germany. And yet the EU is failing to close the innovation gap with its main competitors, the United States and Japan.

"If Europe stands still we will see the US disappear into the distance just as we feel emerging nations breathing down our necks (…) Europe is 27 countries and our efforts on research and innovation have been more fragmented than we can afford," said Máire Geoghegan-Quinn, commissioner for research, innovation and science.

Both the New York Times and the Oxford University Press have aggregated some of the 'best' words added to the American vocabulary in 2010.

Considering the way much of the nation was throwing around terms like quantitative easing and double-dip recession you might have thought we all became experts in economics.

Or that we'd all become environmental specialists last summer, when every other phrase you overheard was containment dome or double kill (or static kill or top kill). (Pop quiz: who can still tell those three apart?).

BendisSpeak

A few days ago, I was nominated by a leading speaker's bureau as one of the top speakers in the field of innovation and creativity.

Now the fun begins, or should I say "the voting."

Casting your ballot takes less than a minute. (Thank you!!!)

1. Click this link
2. Scroll to the 7th category
3. In the And/Or Add a New Candidate box, type "Rich Bendis"
4. Scroll to the end of the page and fill out a few fields
5. Click "submit"