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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.
Faced with another disappointing jobs report—the unemployment rate rose to 8.2 percent in May—the Obama Administration is looking to a new multi-agency competition to develop regional clusters and create jobs while strengthening advanced manufacturing.
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...
Today I am headed to Kuala Lumpur, Malaysia, for a government-convened gathering of entrepreneurs and their supporters focused on advancing entrepreneurship in Muslim-majority countries. Although U.S. President Barack Obama had to cancel at the last minute due to the federal government shutdown, Secretary of State John Kerry is representing the U.S. Government and it promises to be no less of an important week for policy wonks, entrepreneurs and program leads keen on knowledge creation.
Today marks the official opening of Global Entrepreneurship Week, now celebrated in 131 countries. Throughout this week, roughly 25,000 partner organizations will be actively engaged in holding 35,000 events, activities and competitions--engaging more than 7 million participants and equipping them with the skills and connections to take the next step in their entrepreneurial journey. But GEW is more than just a celebration, it is attracting new talent to the field and supplementing grassroots startup energy with top down endorsements that legitimize entrepreneurship.
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.
Created in 2007 during the Bush Administration and reauthorized in 2010 by President Obama, the America COMPETES Act is up for another reauthorization as major provisions are set to expire in 2013. The original law authorized $33.6 billion in appropriations from 2008 - 2010 for programs and activities in physical sciences and engineering research as well as STEM education and more. The reauthorization in 2010 increased the amount to $45.6 billion.
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.
This week we can expect President Obama to speak to immigration reform and a new immigration proposal to be unveiled in the Senate. I have discussed in this blog the importance of creating a U.S. Startup Visa for high skilled immigrants—but only in the context of America’s loss. We take a look today on what America's loss in terms of brainpower and innovation skills means for one nation—India.
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