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A number of sources are indicating that banks are relaxing lending standards -- leading to a slow increase in small business demand for loans. The graph below from the December issue of The Small Business Advocate suggests that brighter days are ahead. The latest report...
Last week I participated in an interesting gathering in Washington, DC of top medical and policy experts who issued a new health care manifesto that might be of interest to entrepreneurs in the space. Hosted by the Council for American Medical Innovation, FasterCures and the Kauffman Foundation, the 2010 Translational Medicine Alliance Forum (TMAF) brought together leaders from academia, government agencies, and pharmaceutical, biotechnology, and venture industries to discuss models to enable and accelerate the progress of translational medicine.
Despite the growing sophistication and promise of healthcare technology research, fewer and fewer breakthrough ideas are finding their way out of research institutions and into the hands of experienced clinicians and medical product development teams. Patients suffer as a result because promising research and innovation is not being translated into new treatments. If that sounds identical to the problems surrounding the typical challenges in bringing innovation into the marketplace, it's because it should.
United States Senate Committee on Small Business and Entrepreneurship Chair Mary Landrieu, D-La., wrote on Thursday (05/07/2009) to Secretary of Defense Robert Gates, Secretary of Energy Steven Chu, Secretary of Health and Human Services Kathleen Sebelius and National Science Foundation Director Arden Bement, urging them...
Last week, President Obama signed the America COMPETES Reauthorization Act of 2010—continuing efforts to improve US economic competitiveness by supporting basic research and improving STEM (science, technology, engineering and math) education to better prepare the future workforce.
I recently wrote about the tremendous backlog of patent applications at the U.S. Patent and Trademark Office (PTO). Indeed, with a backlog of over 700,000 patent applications, investors have become frustrated with long processing times. Yet, as I was writing about the PTO budget, the U.S. Senate was considering a major reform of the patenting process.
In the race to get new medical devices to market, companies encounter FDA speed bumps that slow down the process. But would we really be willing to accept the risks that would accompany fast FDA approvals?
On Monday, September 28, Information Technology and Innovation Foundation (ITIF) Senior Analyst Stephen Ezell presented findings from a report appearing in September’s Democracy: A Journal of Ideas. In the report, Ezell discusses the strategies of the worlds’ ten most innovation-forward countries. Ezell argues that the...
Last week, Supreme Court Justice John Paul Stevens announced his retirement kicking off one of Washington's favorite pastimes -- speculating on potential Supreme Court nominees, their political leanings and whether or not the opposing party will turn the confirmation process into a bloodbath. Tim Kane, senior fellow...
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