Categoria: innovation
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America has become so anti-innovation – it’s economic suicide
If you’ve used the internet at any point in the past few weeks, you’ve probably heard of Juicero. Juicero is a San Francisco-based company that sells a $400 juicer. Here’s how it works: you plug in a pre-sold packet of diced fruits and vegetables, and the machine transforms it into juice. But it turns out…
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People, not machines, will drive 21st Century innovation
The rise of industry 4.0 is set to transform manufacturing (Pic: Siemens) Whilst smart machinery may outperform humans on many levels, concerns that robots will put us all out of work are unfounded writes Olly Dmitriev, CEO of Vert Rotors. Smart manufacturing and Industry 4.0 is redefining manufacturing but it is the people behind the technology…
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Small Singapore has big ideas about innovation culture
When it comes to innovation, there is no such thing as status quo – you either improve or decline relative to everyone else, and sitting in a comfort zone for too long could prove costly. That is the philosophy of Steve Leonard, the CEO of SGInnovate, the government entity that supports entrepreneurs leading Singapore’s innovation…
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Does Creativity Breed Inequality in Cities?
In 2002, Richard Florida became America’s best known urbanist with the publication of his book, The Rise of the Creative Class. In it, Florida posited that the “creative class,” a group which included artists, scientists and engineers, as well as educated knowledge sector professionals such as lawyers and finance workers, was the main driver of cultural…
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Singapore’s launches S$1 billion innovation fund
Singapore is launching a S$1 billion (~US$717 million) innovation fund to help companies with strong intellectual property strategies to grow and expand overseas, the Intellectual Property Office of Singapore (IPOS) has announced. The Makara Innovation Fund, a partnership between IPOS and local private equity firm Makara Capital, will invest up to S$150 million on each…
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Canadian Innovation: How to get back in the game
Lakshmi Raj had almost everything she needed to grow her company. She had the idea (a cloud-based time-tracking software for businesses), the money ($22 million raised since launching in 1995), and the tech talent (155 software engineers). But she was missing one very important component: a robust marketing team. Raj’s company, Replicon, is based in…
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Cardinal Health to buy Medtronic units for $6.1 bn
Healthcare giant Medtronic has sold it medical supplies business to rival Cardinal Health. Medtronic’s Tullamore plant will be one of 17 company facilities changing hands as a result of the $6.1 billion deal. The company currently employs around 350 staff, including contractors, at the Tullamore plant following a restructuring last year. Staff were being briefed today…
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Brazil and China discuss technological innovation and Internet in São Paulo
The city of São Paulo will host in May “Chinnovation 2017”, the first meeting between Chinese and Brazilian businesspeople from the Internet sector, organised by the China Brazil Internet Promotion Agency (CBIPA). Dozens of businesspeople from companies with a large online presence, financial analysts, investors and investment fund managers will gather on30 May at the World…
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BDC launches new program to help Canada move the needle on innovation
TORONTO , April 11, 2017 /CNW Telbec/ – The Business Development Bank of Canada (BDC) will launch a new Corporate Innovation and Venturing Program at the Canadian Corporate Innovation Summit held in Toronto , April 11-13 . Canada’s first ever Corporate Innovation Summit will connect global business leaders, international and Canadian executives, investors and government…
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Boston Scientific to buy Symetis for $435 mln
Boston Scientific is buying Symetis for $435 million in cash. Symetris, of Ecublens, Switzerland, is a medical technology company that makes replacement heart valves. Definitive purchase agreement whereby Boston Scientific will acquire Symetis for $435 million in an all cash, up-front payment Acquisition of Symetis will expand the treatment offerings for patients with aortic valvular heart disease Acquisition projected to close during…