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your coding ability

the No. 1 thing we look for is general cognitive ability, and it’s not I.Q. It’s learning ability. It’s the ability to process on the fly. It’s the ability to pull together disparate bits of information.

The second, he added, “is leadership — in particular emergent leadership as opposed to traditional leadership.

What we care about is, when faced with a problem and you’re a member of a team, do you, at the appropriate time, step in and lead.

What else? Humility and ownership. “It’s feeling the sense of responsibility, the sense of ownership, to step in,” he said, to try to solve any problem — and the humility to step back and embrace the better ideas of others.

“Successful bright people rarely experience failure, and so they don’t learn how to learn from that failure,” said Bock.

You need a big ego and small ego in the same person at the same time.

The least important attribute they look for is “expertise.”

Too many colleges, he added, “don’t deliver on what they promise. You generate a ton of debt, you don’t learn the most useful things for your life. It’s [just] an extended adolescence.”

For most young people, though, going to college and doing well is still the best way to master the tools needed for many careers. But Bock is saying something important to them, too: Beware. Your degree is not a proxy for your ability to do any job. The world only cares about — and pays off on — what you can do with what you know (and it doesn’t care how you learned it)

Solazyme points to substances like rennet, a key processing aid in cheese-making that requires an enzyme called chymosin to promote clotting. Traditionally, calves’ stomachs were used to provide that enzyme to curdle milk for cheese. But since the late 1990s, rennet has been generated by a microbe whose genetic code was altered with the insertion of a single bovine gene, and that process is the one most widely in use now in the United States.

Solazyme describes the organism that produces the oil as “an optimized strain” of single-cell algae “that have been in existence longer than we have.”

Solazyme pointed to the environmental benefits of its processes and noted that the World Wildlife Fund, Rainforest Alliance and other environmental groups support its work. “We use molecular biology and standard industrial fermentation to produce renewable, sustainable algal oils that help alleviate pressures on the fragile ecosystems around the Equator that are frequently subject to deforestation and habitat destruction,”

In late 2008, the Chinese Communist Party began the “1,000 Talents” program, aimed at these supremely talented Chinese. Through a wide variety of terrific incentives — sometimes as much as $1 million — the party has encouraged academic and research institutes, as well as municipal governments, to “bring back the best.”

Most important, it must weaken the power of academic and scientific administrators.

Similarly, in many institutions, promotion depends on your relationship with the dean or senior faculty and not your academic pedigree.

Returnees, or those who hesitate to return, often say that in China, “personal relationships are too complex” – a code for the backstabbing and petty jealousies and the need to cultivate ties with leaders in your own field.

He dryly notes that Germany couldn’t even force its own savings banks to join its national deposit-insurance scheme.

Each country in the euro has its own bankruptcy code

Putting the European Central Bank (ECB) in charge of the region’s biggest banks should end the cosy relationship between banks and regulators that allowed Irish and Spanish banks to keep lending during property bubbles and the likes of Deutsche Bank to run with so little capital. If the ECB proves itself an effective supervisor

without ready access to a pot of money to fill these holes, the ECB could be reluctant to force banks to come clean. “It is madness to expose capital shortfalls if you don’t know where new capital is going to come from,” says one bank supervisor.

“If you wanted to challenge a decision, where would you go to court?” asks the head of a European bank regulator.

The American tech sector has started thinking likewise. In some parts of Google, for instance, as many as 14 percent of employees do not have college degrees.

Eiso Kant, a 24-year-old Dutch entrepreneur — a veteran, by the conference’s standards — has settled in Madrid. He initially came to study at its IE University, but then started Tyba, an online job recruitment platform focused on start-up companies.

Aya Jaff, a 19-year-old, Iraqi-born German, set up an association to teach coding to young people, while herself completing a degree in computer sciences.

It’s a nod to the average age of the Foxconn employee, which is 18 to 25

Woo said some 1.5 million students have completed their trade education at the school since 2007.

Foxconn has raised its base wage from a reported $153 a month to a starting salary of $306 for a 40-hour week — with pay increasing to $402 after a three-month probationary period.