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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

BEIJING, March 16 (Xinhua) -- The following is the full text of the Report on the Implementation of the 2009 Plan for National Economic and Social Development and on the 2010 Draft Plan for National Economic and Social Development, which was submitted on March 5 for review at the Third Session of the 11th National People's Congress and was adopted on March 14.





Third Session of the Eleventh National People's Congress

March 5, 2010

National Development and Reform Commission

Fellow Deputies,

The National Development and Reform Commission has been entrusted by the State Council to report on the implementation of the 2009 plan for national economic and social development and on the 2010 draft plan for national economic and social development for your deliberation and approval at the Third Session of the Eleventh National People's Congress (NPC), and also for comments and suggestions from the members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).

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BSA-RCarusoRichard Caruso, co-founder of Integra Life Sciences, a regenerative medical device firm, shares his passion for being an entrepreneur. Says Caruso, "You have to get up with a mission in the morning as to what you want to accomplish, you have to be passionate about what you want to do."

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Five hot tips for cyber squattingDomains, domains, domains. Who doesn't wish they could go back to the pioneering days of the Internet, pick up few money making URLs and do some cyber squatting old school style in one of the few get rich quick schemes that actually worked? Well, those after a second chance may get one of sorts when the Internet name governing body, ICANN, blows the field wide open later this year.

The plan is to allow anything.thatanyonewants at all come some time in the summer when the details and legalities are ironed out. According to a report put together on this so-called liberalisation of the Internet by Future Laboratories, as commissioned domain name registrars, the idea behind the move is to increase choice, promote innovation and spur competition. In reality, of course, it's also a possible chance to strike it rich again. So, here are a few tips on how to pick a new domain name that might just earn you a tidy little sum.

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There is a contradiction between policy and practice on innovationEVER SINCE the sky fell on us some time in 2008 we have, as a country, been struggling to see what we should be doing to get us back into economic health. What we have mainly focused on is controlling public expenditure and trying to shore up the exchequer.

The problem with this approach is that it deals with a really critical risk facing the country, but on its own it does not restore our fortunes. As anyone running a company knows, you cannot succeed in business simply by cutting costs. And this is where the national innovation agenda comes in.

It was first presented in the Government’s plan for economic recovery published in December 2008, Building Ireland’s Smart Economy. One of the key areas identified for attention was what was described as creating the “innovation island”, or developing economic success through human capital, or the translation of ideas into “valuable processes, products and services”.

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Organisation for Economic Co-operation and Development DUBLIN--(BUSINESS WIRE)--Research and Markets ( has announced the addition of the "OECD Reviews of Innovation Policy: Korea 2009" report to their offering.

This report assesses the current status of Koreas innovation system and policies, and identifies where and how the government should focus its efforts to improve the countrys innovation capabilities. It finds that Korea has one of the highest rates of spending on R&D in the world, much of which is performed by private firms. It also has a highly educated labour force - as signalled by its impressive PISA performance and exceptionally high rates of tertiary level graduation - with a strong interest in science and technology.

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We've talked a lot about full-body security scans in airports, as it's powerful and challenging tech. But should travelers worry about them--or is the Transportation Security Administration (TSA) what they should be more concerned about?

Over two dozen complaints filed with the TSA over the last year suggest that it's failing to do this job as well as it really should. Over 51 pages of these documents have just been requested by the Electronic Privacy Information Center under the Freedom of Information Act. They cover a broad swath of issues, with the main issue being lack of full disclosure by the TSA. Travelers complained there wasn't enough signage, or explanations about an alternative to the scan (a detailed pat-down by a person.) And others expressed concern that there was no explanation about the safety or potential risks involved in exposing children or pregnant women to the scans--medical issues which it's frankly inexcusable of the TSA to not be open about.

Some background: Most full-body scans essentially use electromagnetic radiations which are capable of penetrating through clothing but which bounce off flesh. Image sensors then create a picture of your body as if it were unclothed--leaving few places left to conceal weapons or contraband items. The scans are an augmented layer of security, designed to accompany metal detectors and pat-downs, alongside x-raying of your hand luggage. And they're being promoted all around the world as the next great thing in terrorism prevention, partly in the wake of the underwear bomber.

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Innovation could add 250,000 jobsThe Taoiseach has launched a report which says up to 250,000 jobs in all sectors could be created through increased innovation.

The report of the Innovation Taskforce says some jobs can be brought through quickly.

Read the full report here

The report says Ireland is different from many other countries because it has a lot of multinational firms operating in a small area. It says greater co-operation and openness on the part of Government could help encourage such activity and give us a unique edge.

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Email Alert

  Economics Bloggers Forum
8:30 a.m. - 4:00 p.m. CDT
Friday, March 19, 2010

Watch leading economics, technology, and finance bloggers discuss key policy issues and cutting-edge research on topics related to entrepreneurship, innovation, and growth. After a keynote address from David Warsh, author of the online economics column Economic Principals, a series of panel sessions will discuss the Great Recession, global economic development, and U.S. fiscal policy, and Stanford economist Paul Romer will address the forum with an original presentation on "Persuasion and Norms."

View Web Cast

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SharkUsed in everything from soup to nutritional supplements and skincare products, sharks are a multi-billion dollar, global, mostly unregulated industry. Now conservationists want to declare eight species endangered.

With a powerful torpedo-shaped body almost the size of a bus, the ability to sniff out one drop of blood in 25 gallons of water--or up to three miles away--and fearsome toothy jaws, it's no wonder the very thought of sharks can send shivers up the spine. (Cue the theme music from Jaws).

But these deep-sea predators have much more to fear from humans than the other way around. Used in everything from soup to nutritional supplements and skincare products, sharks represent a multi-billion dollar global industry and the growing demand is pushing them towards extinction. Alas, even these eating machines have champions. And if they have their day during the Convention on International Trade in Endangered Species (CITES) Conference of Parties, which starts Saturday, eight shark species will be protected to ensure the sustainable trade of their products--oceanic whitetips, scalloped, smooth and great hammerheads, sandbar sharks, porbeagle sharks, and spiny dogfish (a type of shark).

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When Apple's iPhone hit the market, it looked like it was only a matter of time before Apple ate BlackBerry maker RIM's lunch. While that could still be case, RIM has done a great job defending its turf to this point.

The newest data from comScore's mobile subscriber report shows RIM's slow but steady ascent over the past two years as the U.S. smartphone leader. Note that comScore data is based on user surveys, and reflects subscriber base -- not simply market share of a specific quarter's sales.

How is RIM doing it? It started by being very popular with businesses, and it gradually shifted its focus to consumers. Verizon, the top U.S. carrier, has been promoting the heck out of it, including several buy-one, get-one promotions. And generally lower prices have made the BlackBerry Curve and Pearl very popular phones among mobile Web users and also people who just want a phone that's good for text messaging.
chart of the day, u,s, share of smartphone platforms
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Recent Kauffman Proposal for More Inventor Choice Stirs Controversy at Universities; IP Advocate Poll Finds Two-Thirds of Respondents Support Inventor Choice

AUTM annual conference

NEW ORLEANS--(BUSINESS WIRE)--Who should control how an invention is brought to market? Experts on both sides of this controversial topic – including IP Advocate ( founder and inventor-advocate Dr. Renee Kaswan – will square off on Thursday at the Annual Meeting of the Association of University Technology Managers (AUTM), to debate the role of academic researchers in commercializing their inventions.

On Thursday, March 18, 1:30 – 3 p.m., Dr. Kaswan will participate in the AUTM Debate Forum: Role of Inventors in Negotiating License Transactions. This highly anticipated session will offer perspectives on the following issues:

  • Should university tech transfer offices let inventors influence the outcome of commercialization, or just keep them informed?
  • What if inventors are consulting with a prospective licensee or have competing plans to form a startup?
  • Should institutions be taken out of the equation and let faculty own their inventions?
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The United States and its higher education systems are on the verge of a "new paradigm" in defining the roles of colleges and universities in promoting state and regional economic development, says a report being issued today.

"The old paradigm rests largely on the traditional mix of business attraction and retention incentives," such as tax breaks or infrastructure, says the report, by the Rockefeller Institute of Government of the State University of New York. "Research, technology transfer, management assistance, and/or worker training are often thrown in among the incentives -- but sometimes as a kind of afterthought.... Perhaps there is now an opportunity to flip the old model around -- adopting a new, 'knowledge first' paradigm in which higher education systems explicitly take a leading role."

The study was commissioned by Nancy L. Zimpher, SUNY's new chancellor, as part of her efforts to promote economic development in New York State. But the analysis intentionally avoids a New York State focus. The idea is to survey national trends by compiling activities linking higher education and economic development in every state, with the goal of creating a framework to view these efforts. The report acknowledges that the concept of higher education-inspired economic development is hardly new, with many politicians boasting about how this or that research accomplishment spurred the creation of new businesses, or talking about how they would create the next Silicon Valley.

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