Categoria: R&D
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Chinese robotics company UBTECH gets $820 million in funding
Shenzhen-based home robotics company UBTECH announced this week that it has closed a massive $820 million Series C. The round, led by Tencent and a whole slew of other investors, follows a $100 million Series B and $20 million Series C. The bipedal robotics maker certainly isn’t a household name here in the States…
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Israel’s innovation story is extraordinary, but just assuming it will continue would be a big mistake
Some statistics for you: Israel has a population of 8.5 million Israel spends 4.8% of its GDP on civilian R&D – the highest of any OECD country Israel is top ranked globally for employees working in R&D – 140 per 10,000 of the population (the US is second with 85 per 10,000) There is one…
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African govts faulted on research funding
Prof. Peter Ngure, the programme manager Consortium for Advanced Research Training in Africa (CARTA), hands over a certificate to Dr Léon Mugabo, a lecturer at the University of Rwanda in Kigali this week. Courtesy. The majority of African governments are prioritising political projects at the expense of research in universities and this is affecting the…
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Three Reasons Why Innovation Hubs Should Embrace ICOs
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Innovation hubs around the world — one of the most familiar being Silicon Valley — have many characteristics in common. Innovation is the accepted currency and fuel of these habitats: You innovate, I invest or pay for your innovation and we join other innovative individuals or entities to innovate further. In innovation hubs, the objectives…
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France Creates $13 Billion Disruptive Innovation Fund, Hopes To Become The Next Startup Republic
France is gaining momentum in its quest to become the next great producer of technology startups. Last year, it outstripped the UK in the overall number of technology startup investment deals for the first time in five years. Although the total amount of money invested in the UK’s tech sector was over twice higher than France,…
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Q&A: L’Oréal’s Head of Innovation Labs on What’s Working and Not Working With Wearables
L’Oréal thinks the big future of wearables is getting smaller. Specifically, wearables will be the size of one of your fingernails. Literally. Two years ago, L’Oréal launched a heart-shaped patch called My UV Patch with La Roche-Posay sunscreen that sticks to skin and uses Bluetooth technology to push data about a person’s exposure to UV…
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Apple’s biggest innovation isn’t gadgets. It’s dodging taxes
Most people probably think of Apple as a tech company, but equally important to its existence is its creative power to avoid taxation. Indeed, Apple may more aptly be described as a tax-dodging enterprise posing as a tech company. That’s because Apple’s business, soup to nuts, is the protection of their capital. It is their…
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Innovation is the secret to economic growth, says the global Innovation Index 2016
Growing the economy requires investment in innovative technologies and practices, but national policies towards this end must not focus on local players alone. It must also explicitly favour international collaboration, says the Global Innovation Index 2016 report. INNOVATION is a key ingredient for economic growth, and governments need to facilitate more international collaboration and encourage…