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Assunta Krehl

Ontario research organizations join forces - ITBusiness.ca - 0 views

www.itbusiness.ca/...News.asp

collaboration

shared by Assunta Krehl on 27 Aug 09 - Cached
  • Three technology research centres in Ontario Monday said they have agreed to work together to help the province compete more effectively against countries like India and China.
  • Communitech is working with the Ottawa Centre for Research and Innovation, an economic development corporation located in the nation's capital, and the MaRS Discovery District, a Toronto-based not-for-profit geared towards the commercialization of scientific and technological intellectual property.
  • The three organizations have agreed their partnership will function under the name the MaRS Network. MaRS is by far the youngest of the three organizations – Communitech is almost a decade old and OCRI is about 25 – but has become a business force since it opened last year.
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  • MaRS originally stood for Medical and Research Sciences, but has since shied away from that label, said Ross Wallace, director of corporate strategy. The organization doesn't want to be pigeonholed as being just a life sciences or biotechnology outfit -- it lends equal weight to information communications and advanced manufacturing. MaRS may be Toronto-based, but its mandate is province-wide, said Wallace. By joining forces with organizations in other parts of Ontario, MaRS is more likely to fulfill that mandate, he said.
  • The three organizations aim to share best practices and contacts, and lean on the strengths of their respective regions. All three may have good venture capital resources, for example, but specialties that may be peculiar to a certain area.
  • Dale added that the MaRs Network is open to working with other Canadian technology organizations, including those with a national or a regional focus.
  • Assunta Krehl on 27 Aug 09
     
    Communitech, the Ottawa Centre for Research and Innovation, and the MaRS Discovery District have ageed to work together to help the province compete more effectively against countries like India and China. These three companies partnership will function under the name MaRS Network. May 29, 2005
  • Assunta Krehl on 27 Aug 09
     
    Communitech, the Ottawa Centre for Research and Innovation, and the MaRS Discovery District have ageed to work together to help the province compete more effectively against countries like India and China. These three companies partnership will function under the name MaRS Network.
Assunta Krehl

Look who just landed on MaRS - The Globe and Mail - 0 views

www.theglobeandmail.com/...article1171592

Ralphael Hofstein MaRS Innovation

shared by Assunta Krehl on 08 Jun 09 - Cached
  • Look who just landed on MaRS
  • MaRS was known for just that – putting a collective roof over the heads of Canada's out-of-this-universe thinkers. Aside from hosting the unlikely duo of Arnold Schwarzenegger and Dalton McGuinty at a funding announcement two years ago, the centre seems enveloped in galactic silence.
  • corner of College and University
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  • the country's most significant collection of scientific and medical researchers.
  • This week, a program called MaRS Innovation announced the appointment of its first full-time president, Raphael (Rafi) Hofstein, a Harvard-trained, Israeli biomedical wizard who wants to bring together companies, scientists and funding under one roof to create a special alchemy of science and shekels.
  • Since its inception, MaRS has focused on turning big ideas into commercial projects. The difference between the two entities is that pretty much anyone with an idea or discovery could come to MaRS for support, regardless of whether they had their “eureka” moment in a state-of-the-art research lab or in their garage. MaRS Innovation, a separate endeavour with its own board of directors, only works with researchers from its 14 partner institutions, which include some of the most prestigious universities and hospitals in Canada. The goal of that project is to do the kind of work those institutions would normally try to do in-house, but on a bigger scale and, the project's backers hope, with better results.
  • MaRS Innovation is very much in its infancy. Officially launched last June, the project is barely a year old, and the board of directors was only announced this February. It has secured about $25-million in funding over five years to be used for commercialization of projects.
  • Dr. Hofstein is giving himself two to three years to roll out a success story – be it the creation of a new small company founded on the back of a researcher's drug discovery and funded by a big pharmaceutical firm, or a new discovery that, packaged properly, attracts serious venture-capital money.
  • The federal government has also taken notice, naming MaRS Innovation as one of 11 new “Centres of Excellence for Commercialization and Research,” a designation that came with almost $15-million in funding.
  • California Governor Arnold Schwarzenegger speaks at MaRs with Premier Dalton McGuinty after a tour of the building in 2007.
  • Indeed, the MaRS Innovation model of pushing for commercial applications of research seems to be directly in line with the philosophy of the Conservative government, which clearly favours practical results when it comes to funding for scientific research.
  • But those tasks involve two separate skill sets, Mr. Tabrizi suggests, and may be much better suited to a place such as MaRS, where academic and industry heavyweights converge.
  • Many of MaRS's biggest partners are in health care, and Dr. Hofstein is jumping in with a list of priorities that includes focusing on stem-cell research and oncology.
  • MaRS itself has always been good at bringing people from various sectors together, but there's no guarantee that Dr. Hofstein's plan will work, especially in the two-to-three-year timeline he mentions when talking about a rollout date for the first MaRS Innovation projects.
  • Indeed, Mr. Tabrizi says some Silicon Valley insiders marvel at what MaRS Innovation is trying to do. “I think there's something innovative there,” he says. “Something different is being done.”
  • Assunta Krehl on 08 Jun 09
     
    MaRS Innovation announced the appointment of its first full-time president, Raphael (Rafi) Hofstein.
Assunta Krehl

Toronto's place in the "creative economy" - Excalibur - 0 views

www.excal.on.ca/...index.php

Creativity Clients_Tenants Martin Prosperity Institute

shared by Assunta Krehl on 25 Sep 09 - Cached
  • What is this creative economy? It is an economic system that relies most on ideas to serve as its major capital, instead of services or physical capital. Take Google for example. In an economy based on ideas, the potentialfor breakaway successes like Google is far greater.
  • According to Richard Florida’s The Rise of the Creative Class: And How it’s Transforming Work, Leisure,Community and Everyday Life, members of the creative class are very different from those who are employed in the manufacturing, service or agriculture industries. They contribute to our economy primarily by producing the new forms and ideas exploited by our various industries and decision-makers.   What Florida terms the “super creative core” of this new class includes “scientists and engineers, university professors, poets and novelists, artists, entertainers, actors, designersand architects, as well as the ‘thought leadership’ of modern society: non-fiction writers, editors, cultural figures, think-tank researchers, analysts and other opinion-makers.”
  • What sets a creative city apart from a non-creative city? Florida proposes that it is the “three Ts of economic development”: technology, talent and tolerance.
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  • Florida promote a drawback on new capital investments in such traditional creative staples as ballet, opera, symphony and museums. Although these are necessary public entertainment options to maintain, studies show the majority of university students and young to middle-aged professionals who make up the bulk of the emerging creative class, in fact, prefer more accessible venues.
  • Florida is not saying the city should fund the construction of all these venues, but should support them with entrepreneurial assistance, specified tax-cuts and governmenttools to ease operation, like streamlining the bureaucracy behind applying for liquor licences and permits for musical events and public attractions.
  • The MaRS centre, located at College St. and University Ave. in downtown Toronto, is a fantastic first step in better integrating the city’s creative talents in the technology and science fields. But more buildings and communities like this need to be developed to take advantage of all of Toronto’s creative economic potential.
  • Assunta Krehl on 25 Sep 09
     
    David Tal contributer to Excalibur exams what is the creative economy. Mention of MaRS being a fantastic first step in integrating the city's creative talents in technology and science.
  • Assunta Krehl on 25 Sep 09
     
    David Tal contributer to Excalibur exams what is the creative economy. Mention of MaRS being a fantastic first step in integrating the city's creative talents in technology and science. Sept 23, 2009
Tim T

Los Angeles Hires a Jobs Chief - WSJ.com - 0 views

online.wsj.com/...SB126316896876124009.html

economy business jobs

shared by Tim T on 11 Jan 10 - Cached
  • Los Angeles Hires a Jobs Chief
  • unemployment stuck above 12%
  • Beutner will have broad powers. About half of city government departments -- from the Port of Los Angeles to the city's sprawling Department of Water and Power utility -- will report to him
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  • In a letter Mr. Villaraigosa sent to Mr. Beutner when hiring him, the mayor said, "I recognize we need a top to bottom revitalization and refocus of our economic development team here at City Hall to make certain job creation is the overarching focus at all levels and in all offices and departments."
  • Chief Deputy Mayor Jay Carson. "We have to view every decision we make through the prism of job creation."
  • Southern California's economy has been among the hardest hit in the country. The area's housing market was one of the first to collapse. And in Los Angeles, mainstays such as the film industry have suffered as other states woo productions away with rich tax incentives
  • Last week, the city was dealt a psychological blow when Northrop Grumman Corp., the last major firm of the region's once-dominant aerospace industry, announced it was moving its headquarters to the Washington, D.C. area
  • Los Angeles has slashed services as it tries to close an $80 million budget gap
  • His annual salary is $1.
  • Some major stores that sell big-ticket items have moved to neighboring cities to avoid the high cost and difficulty of doing business there, such as delays in obtaining building permits, and a range of fees and taxes higher than most other cities in the area, business leaders said.
  • "The hardest thing is going to be to change the mindset here," Mr. Beutner said. "For the first time in a long time the city is going to be forced to change the way it does things. The most fundamental thing is to change the mindset of those who work in the city [government]. We serve business. They're our customers as opposed to the other way around."
Assunta Krehl

Showcase Exhibition Area to Feature Leading Companies at Ontario Innovation Summit: The... - 0 views

www.newswire.ca/...c7729.html

The Ontario Innovation Summit: The Business of Aging Board Member Ilse Treurnicht ICT Healtcare

shared by Assunta Krehl on 12 Nov 09 - Cached
  • Assunta Krehl on 12 Nov 09
     
    The Ontario Innovation Summit: The Business of Aging - Dec. 1-2, 2009 - will feature some of the world's top experts on the many issues that the aging of the global population poses for communities, governments, academic and health-care institutions, and businesses. The Summit's audience of technology, health care and business leaders will explore the profound public policy challenges as well as the growing opportunities associated with the aging demographic phenomenon. The Summit's Science & Technology Showcase will give organizations a unique opportunity for exposure to this influential audience. Nov 10, 2009
Sarah Hickman

Office of Climate Change, UK - Our activities - Stern Review - 0 views

www.occ.gov.uk/...stern.htm

cleantech*&physical*sciences environment

shared by Sarah Hickman on 10 Aug 09 - Cached
  • Sarah Hickman on 10 Aug 09
     
    The first half of the Review focuses on the impacts and risks arising from uncontrolled climate change, and on the costs and opportunities associated with action to tackle it. A sound understanding of the economics of risk is critical here. The Review emphasises that economic models over timescales of centuries do not offer precise forecasts - but they are an important way to illustrate the scale of effects we might see. The second half of the Review examines the national and international policy challenges of moving to a low-carbon global economy. Climate change is the greatest market failure the world has seen. Three elements of policy are required for an effective response.
Miri Katz

How The Private Sector Can Drive Social Innovation - CIO Central - CIO Network - Forbes - 0 views

blogs.forbes.com/...or-can-drive-social-innovation

social innovation social collaboration CSR corporate citizenship

shared by Miri Katz on 29 Jun 11 - No Cached
  • How The Private Sector Can Drive Social Innovation
  • Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is becoming increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone.
  • oday, the world’s largest companies are in a unique position to play a much greater role in driving social change than ever before.
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  • Aside from pure monetary donations, however, is a new model that is transforming corporate philanthropy.
  • Increasingly, corporations are turning to a shared value model, in which companies work in alignment with society rather than against it, producing mutual benefits to both the community and the corporation
  • It evolves the traditional model of financial and material goods donations, to one in which corporations leverage a range of corporate assets including employee skills, business acumen and partner networks, to drive social change.
  • Here’s the shift: Instead of viewing it as our responsibility to drive business and social value, view it also a valuable opportunity to rethink existing practices.
  • The business case for social innovation
  • there are a variety of benefits for an organization, from brand building, to staff retention, and even improved client stickiness. Shareholders and the investment community are also increasingly considering corporate responsibility when making investment decisions.
  • collaborations can drive innovation through necessity. Non-profits work in extreme environments, faced with limited infrastructure, connectivity and staff. Operating in these situations exposes corporate staff to new sets of customer challenges, which can often deliver innovations in product design or services into the business.
  • by working with a non-profit organization, a corporation can demonstrate its expertise to a new audience, expanding its business network.
  • Increasingly, investors weigh environmental, social and governance  data when making investment decisions. While such data has been a benchmark for European-based companies for some time, we are now seeing a more global adoption and interest in this, which should be another forcing function for more corporations to act as good corporate citizens.
  • Applying social innovation in practic
  • A good starting point is to assess the company’s available skills, expertise, partnerships against the touch-points the company currently has within a given community. From there, establish specific goals to achieve and a strategic plan to meet those goals.
  • Companies that have an expertise in technology, for example, can collaborate with non-profits or social entrepreneurs to provide the infrastructure backbone that turn their ideas into reality. With the social enterprise mPedigree Network, HP leveraged its technology expertise in cloud-based services to design and build an anti-drug counterfeiting service in Africa. Counterfeit medicine is a significant problem in developing countries, causing more than 700,000 deaths each year. The new service helps save lives by enabling patients to validate the integrity of their medicine by sending a free text message.
  • Gabi Zedlmayer is Vice President of Hewlett-Packard’s Office of Global Social Innovation.
  • Miri Katz on 29 Jun 11
     
    Out of the 100 largest economies in the world, about half are multinational corporations. Given their impact on global communities, it is increasingly essential that these large corporations execute responsibility to society, rather than rely on governments and non-profits to address difficult social issues alone
Sarah Hickman

MaRS Discovery District - Recommended Resources - Entrepreneurship Resources - The Foun... - 0 views

www.marsdd.com/...FounderSyndrome-stonewood.html

entrepreneurship negotiation leadership finance investors strategy partnerships

shared by Sarah Hickman on 04 Sep 09 - No Cached
  • Sarah Hickman on 04 Sep 09
     
    The Founder Syndrome - Part I Why it's still a big messy issue and why attitudes have to change... It has been debated for years yet remains a small-talk favorite around the water coolers of the venture capital industry. It is "The Founder Syndrome" and it goes something like this… founders innovate, incubate and invigorate. The Founder Syndrome - Part II Avoiding the Deadly Trap Part II looks more closely at the early life-stages of entrepreneurial organizations and the painful transitions associated with the founder syndrome. It argues that by understanding the nature of these transitions, and learning to anticipate, prepare and adapt to them, founders can exert far greater control over their fates while also benefiting the firms they so cherish.
Assunta Krehl

MaRS Discovery District - News - News Releases - 2009 - Toronto's MaRS Discovery Distri... - 0 views

www.marsdd.com/...ative-city-award-05212009.html

Urban Leadership Award MaRS awards & competitions

shared by Assunta Krehl on 10 Aug 09 - No Cached
  • Toronto’s MaRS Discovery District has combined the creative genius of science and technology with the drive of entrepreneurs and capital to create a marriage that will see more Canadian ideas commercialized in this country and for those efforts it has won the Canadian Urban Institute’s 2009 Creative City Award to be granted to MaRS on June 5 at the Urban Leadership Awards in Toronto.
  • “MaRS has found a creative way for science and business to collaborate rather than compete and to help Canada become a knowledge-based economy. This award recognizes them as a leader in stimulating the creative capacity of the city and advancing entrepreneurship, not only in science and technology but also in social ventures. 
  • Located in the Discovery District of Toronto, where billions of dollars of creative capital are created every year, the MaRS Centre first opened in 2005 in two new towers that bookend a heritage building that once housed the Toronto General Hospital. The three buildings, that total 700,000 sq. ft, house labs, companies of all sizes, business advisors and investors. Its professional services include hands-on advisory services, entrepreneurial programming and both structured and electronic networking. A second building phase of the MaRS Centre will add 750,000 sq ft and is planned to open in the next few years. “The underlining reason for creating MaRS is to capture the value of Canadian discoveries and to better commercialize these innovations at home in Canada,” said MaRS CEO Ilse Treurnicht. “Hub cities like Toronto are key drivers in shaping Canada’s innovation economy. MaRS works to strengthen the pull of that hub, acting as an accelerator and building the best ideas into companies that can compete on the world stage but are anchored here,” said Treurnicht.
  • Assunta Krehl on 10 Aug 09
     
    "Mention of the the Canadian Urban Institute's 2009 Creative City Award being granted to MaRS on June 5 at the Urban Leadership Awards in Toronto."
Assunta Krehl

MaRS Innovation appoints president and CEO - University of Toronto -- News@UofT - 0 views

www.news.utoronto.ca/...oints-president-and-ceo-1.html

MaRS Innovation Toronto Discovery District Rafi Hofstein Tim McTiernan The Innovations Group

shared by Assunta Krehl on 15 Jun 09 - Cached
  • MaRS Innovation appoints president and CEO
  • A research commercialization leader from Israel, Dr. Raphael Hofstein, has been named president and CEO of the new MaRS Innovation initiative.
  • MI was created as a single, market-facing commercialization storefront for Toronto's university and health research institutions. Located in the MaRS Discovery District complex, with business development and administrative support from MaRS, MI will advance commercialization through industry partnerships, licensing and company creation. MaRS Innovation (MI) was founded in 2008 with $14.95 million in funding from the Government of Canada's Centres of Excellence for Commercialization and Research (CECR) Programme, matched by $10 million from the research partners. The MI partnership includes U of T, the 10 partner hospitals and health research institutes affiliated with the university, Ryerson University, the Ontario College of Art & Design, BioDisocovery Toronto, the Ontario Institute for Cancer Research and MaRS. Hofstein joins MaRS Innovation from his previous position as president and CEO of Hadasit Ltd., the technology transfer company of the Hadassah Medical Organization in Jerusalem.
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  • "MaRS Innovation is a unique global initiative, and I must commend the institutional leaders in Toronto for pulling this innovation powerhouse together to strengthen commercialization output. In my experience, good science is the single most important ingredient for success in this business. Toronto is already known as one of the strongest science cities in the world, and it continues to grow. Leading MaRS Innovation is a wonderful opportunity to do something remarkable."
  • Dr. Tim McTiernan, assistant vice-president (research) and executive director of The Innovations Group (TIG), U of T's research commercialization operation, said Mars Innovation will provide significant benefits to U of T.
  • And he said that MI's role as a resource "is like putting a turbo charger on an engine. Having MI working with us and the other member organizations is a huge step in taking advantage of the enormous potential in the Toronto research community. Commercialization offices acting independently will not be able to manage in nearly as effective a manner as will be possible with the expertise of MaRS Innovation."
  • Assunta Krehl on 15 Jun 09
     
    Dr. Raphael Hofstein named president and CEO of the new MaRS Innovation initiative.
Assunta Krehl

7 Opportunities in the Current Recession - Canadian Entrepreneur - 0 views

canentrepreneur.blogspot.com/...st-one-blogpost-this-year.html

business

shared by Assunta Krehl on 14 Aug 09 - Cached
  • I attended the Wisdom Exchange today at the Mars Discovery District in Toronto, an annual gathering of leading growth firms sponsored by the Ontario government. Ontario’s ministry of small business recognizes that a tiny minority of SMEs, the export-oriented gazelles, account for a disproportionate share of job creation, and it does a great job of encouraging, motivating and supporting the CEOs of such companies through educational opportunities such as the Wisdom Exchange.
  • Jayson Myers, the respected economist who now heads up Canada's largest industry association, Canadian Manufacturers & Exporters.
  • Myers offered a fair bit of bad news to the group – he warned that the recession “will be deeper and last longer than consensus forecasts,” and that total Canadian merchandise exports have actually been falling for six years.
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  • But here is the good news. Myers also cited a whole listfull of business opportunities created by the current downturn. Not every company is in a position to seize these opportunities, but those who can should definitely be looking at this list as a recipe for action.Opportunities in the Current Recession:· For companies with cash and investment strength· Replace competitors (who falter or struggle in this economy)· Acquisitions· Respond to new and emerging customer demand· New product and market development· Infrastructure and Innovation (including the smart grid, green energy, health care, logistics and security, and energy – all areas where Canadian companies have some advantages)· Product specialization, services, new processes, new skills
  • Assunta Krehl on 14 Aug 09
     
    Wisdom Exchange Event was held at the MaRS Centre Feb 19, 2009. This event gathers leading growh firms and it is sponsored by the Ontario Government. Jason Myers, head of Canadian Manufacteurers & Exporters mentions the Canadian economy will get worse and last longer but there will be a list of business opportunities.
  • Assunta Krehl on 14 Aug 09
     
    Wisdom Exchange Event was held at the MaRS Centre Feb 19, 2009. This event gathers leading growh firms and it is sponsored by the Ontario Government. Jason Myers, head of Canadian Manufacteurers & Exporters mentions the Canadian economy will get worse and last longer but there will be a list of business opportunities. Feb 19, 2009
Assunta Krehl

YFile - Symposium examines the path to breakthrough medicines - 0 views

www.yorku.ca/...index.asp

susan smith MaRS innovation collaboration science

shared by Assunta Krehl on 10 Aug 09 - Cached
  • Canada has the research expertise to develop drugs and vaccines to address pressing medical needs, but delivering on the promise will require new models of collaboration between scientists, biotechnology, the pharmaceutical industry, business and policy makers according to speakers at an upcoming symposium hosted by The Gairdner Foundation and York University. The symposium, Entrepreneurship & Commercialization in Biomedical Science, on Thursday, May 14, marks the 50th anniversary of both York University and The Gairdner Foundation.
  • The Gairdner Foundation recognizes the world's leading medical research scientists through its prestigious annual awards program for biomedical science. The symposium, which is hosted by York’s Faculty of Science & Engineering and Schulich School of Business, will bring together scientist entrepreneurs, Canadian venture capital firms, the biomedical industry and policy-makers.
  • He will be followed by Smith, founder and former president & CEO of RBC Ventures and a member of the board of Toronto's MaRS innovation centre. Smith will speak about how Canada has made strong progress in positioning itself as a potential leader in biotech and medical research and in its commercialization efforts but faces two clear threats – the global financial calamity together with the lack of clear federal government support for research.
  • Assunta Krehl on 10 Aug 09
     
    The symposium, Entrepreneurship & Commercialization in Biomedical Science, is being held on Thursday, May 14, which marks the 50th anniversary of both York University and The Gairdner Foundation. At this symposiums they will address the problem that Canadian researchers expertise to need to do in developing drugs and vaccines to address pressing medical needs. Mention of Susan Smith as a Board Member of MaRS Innovation.
Sarah Hickman

The Well-Designed Global R&D Network - 0 views

www.strategy-business.com/...rr00032

commercialization research*&*development globalization innovation

shared by Sarah Hickman on 14 Aug 09 - Cached
  • Sarah Hickman on 14 Aug 09
     
    Consider the two faces of the global innovation movement. Company A, having grown through acquisition, produces multiple brands for multiple markets and operates a worldwide network of research and product development centers. Each of its R&D sites was initially responsible for its own brands and local market, but with globalization these distinctions have lost their importance. Company B, on the other hand, was built largely through internal growth and has two global brands. It operates one primary R&D center supported by a handful of special-purpose sites around the world. This comparatively sparse network has helped Company B win wide admiration for the efficiency of its engineering. Because expanding the number of nodes in a network exponentially increases its complexity, it is not surprising that Company A's R&D structure is more expensive to operate. Company A has considered closing some sites, but has resisted doing so because it fears losing capabilities and insights, and roiling local markets. Meanwhile, incremental budget cuts have chipped away at engineer and supplier morale. Having built its network to maximize the value associated with market access, it is now forced to manage the network for cost. Most global innovation networks look like Company A's - and suffer the same problems. Company B's R&D structure is clearly more productive, but it is not necessarily ideal either. Its network might be too compact, limiting access to knowledge that could maximize performance. Thus, to identify principles and practices for creating a truly well-designed innovation network, Booz Allen Hamilton and INSEAD, the international business school, surveyed R&D leaders in 186 companies from 17 industry sectors in 19 nations in 2005. The survey results, and our own experience, suggest one central truth: Organizations benefit when they configure their innovation networks for cost and manage them for value.
Tim T

Women and work: We did it! | The Economist - 0 views

www.economist.com/...displayStory.cfm

women in business business leadership

shared by Tim T on 30 Dec 09 - Cached
  • within the next few months women will cross the 50% threshold and become the majority of the American workforce
  • Women already make up the majority of university graduates in the OECD countries and the majority of professional workers in several rich countries, including the United States. Women run many of the world’s great companies, from PepsiCo in America to Areva in France.
  • Women’s economic empowerment is arguably the biggest social change of our times
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  • women are still under-represented at the top of companies. Only 2% of the bosses of America’s largest companies and 5% of their peers in Britain are women.
  • juggling work and child-rearing is difficult
  • Many women feel they have to choose between their children and their careers. Women who prosper in high-pressure companies during their 20s drop out in dramatic numbers in their 30s and then find it almost impossible to regain their earlier momentum. Less-skilled women are trapped in poorly paid jobs with hand-to-mouth child-care arrangements. Motherhood, not sexism, is the issue: in America, childless women earn almost as much as men, but mothers earn significantly less. And those mothers’ relative poverty also disadvantages their children.
  • the shift towards women is likely to continue: by 2011 there will be 2.6m more female than male university students in America.
  • All this argues, mostly, for letting the market do the work.
  • Norway has used threats of quotas to dramatic effect. Some 40% of the legislators there are women. All the Scandinavian countries provide plenty of state-financed nurseries. They have the highest levels of female employment in the world and far fewer of the social problems that plague Britain and America.
  • there are plenty of cheaper, subtler ways in which governments can make life easier for women
  • Some popular American charter schools now offer longer school days and shorter summer holidays.
Tim T

Web publishers left with little after middlemen split ad spoils | Marketing & Advertisi... - 0 views

www.allbusiness.com/...14043685-1.html

ICT advertising

shared by Tim T on 27 Mar 10 - No Cached
  • In a not-atypical scenario, a publisher may only receive $1 of a $5 cost-per-thousand media buy once all the middlemen have taken their tithes. Where does the rest go? According to an estimate from Tolman Geffs, co-president of investment bank Jordan Edmiston, it gets divided like this: The agency ($.75), ad network ($2), data provider ($0.75), ad exchange ($0.25) and the ad server ($0.25).
  • The space between advertiser and publisher has become jam-packed over the last decade, with literally hundreds of ad networks, data companies, yield managers, ad servers and exchanges all purporting to serve advertisers or publishers in some unique way; but all have their own business models that may or may not be adding value to either.
  • they're all dipping into the display-ad revenue stream.
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  • what parts of the online display-ad ecosystem, estimated by eMarketer to be worth $7.9 billion in 2010, are adding value for publishers or brands, and what parts are preventing the flow of brand dollars into the system.
  • While some publishers remain wary of Google as both a service provider to publishers as well as a competitor for display-ad dollars, Google's argument is that its motivations are virtuous. As VP-Product Management Susan Wojcicki said last week at the Internet Advertising Bureau's annual meeting, Google makes money when publishers do. That, and the set-up isn't much different from Microsoft, itself a seller of online ads as well as a service provider to publishers.
  • Any time you have companies talking about their secret algorithms or black boxes, it should raise a red flag, he said. For publishers and advertisers, the question should be: Do they make the whole thing bigger and better?
  • Tim T on 27 Mar 10
     
    AdAge - In a not-atypical scenario, a publisher may only receive $1 of a $5 cost-per-thousand media buy once all the middlemen have taken their tithes. Where does the rest go? According to an estimate from Tolman Geffs, co-president of investment bank Jordan Edmiston, it gets divided like this: The agency ($.75), ad network ($2), data provider ($0.75), ad exchange ($0.25) and the ad server ($0.25).
Assunta Krehl

Building a Successful Biotech Incubator - 0 views

www.genengnews.com/...chitem_print.aspx

entrepreneurs mars education raising capital

shared by Assunta Krehl on 31 Jul 09 - Cached
  • MaRS aggregates the discovery pipelines of its member institutions, which include three universities, 10 academic teaching hospitals, and the Ontario Institute for Cancer Research.
  • MaRS is another good example. Located in the heart of downtown Toronto, the MaRS facility is less than a mile from five major teaching hospitals, the Ontario legislature, and the University of Toronto. More than two dozen research institutes and Toronto’s financial district are also nearby.
  • Consequently, MaRS is a vertical incubator, with a wide variety of companies and stages of development. That mix helps companies better understand the conditions that foster growth. MaRS is home to more than 65 organizations, including The Hospital for Sick Children, the Ontario Institute for Cancer Research, Merck Frosst Canada, the McEwen Centre for Regenerative Medicine, Celtic House Venture Partners, AIM Therapeutics, and AstraZeneca Canada.
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  • “Collaboration is the essence of the new economy,” insists Ross Wallace, director of strategic partnerships at MaRS. “There’s a new focus on the power of institutions to generate intellectual property and ideas, and then build around them.”
  • MaRS has a virtual education program dubbed “Entrepreneurship 101.” One February class features budgeting, another agrifood innovation. The classes are available at no cost, and anyone can register. The program also includes blogs and discussion groups such as the drug development and cancer targets groups. So far, MaRS has relied on viral marketing to get the word out.
  • To provide that expertise, MaRS developed the MaRS Venture Group. This team of experienced investors, entrepreneurs, technology experts, and advisors works with companies to help them bridge the gap between entrepreneurial start-up and experienced growth company. The Venture Group provides market intelligence as well  as advisory services such as strategic planning, partnership and alliance building, intellectual property management, marketing and communications, sales strategy, channel development, financing, and human resource development. It works with groups outside the MaRS orbit, too.
  • Assunta Krehl on 31 Jul 09
     
    To have a successful biotech initiative proximity to academic hubs and capital remains a crucial factor in hatching a thriving cluster. MaRS Discovery District is a good example of a vertical incubator and offers many services to help entrepreneurs at different stages.
Sarah Hickman

The Business of Healthcare Innovation: Amazon.ca: Lawton Robert Burns: Books - 0 views

www.amazon.ca/...ref=sr_1_0_1

health*care*&*life*sciences biotechnology drug*development genetics medical*devices medical*equipment ICT operations manufacturing production

shared by Sarah Hickman on 10 Aug 09 - No Cached
  • Sarah Hickman on 10 Aug 09
     
    Robert Lawton Burns focuses on the key role of the 'producers' as the main source of innovation in this wide-ranging analysis of business trends in the manufacturing branch of the health care industry. Written by industry academics and executives, the book provides a detailed overview of the pharmaceutical, biotechnology, genomics/proteomics, medical device and information technology sectors. Most importantly, it describes the growing convergence between these sectors and the need for executives in one sector to increasingly draw upon trends in the others.
Cathy Bogaart

Plucking 'low hanging fruit' on energy tree - with MaRS Advisor, Tom Rand - 0 views

www.thestar.com/629285

cleantech mars energy geothermal Toronto

shared by Cathy Bogaart on 08 May 09 - Cached
  • The groundswell of geothermal interest among builders, developers and individual homeowners all over the GTA is mainly because it's what "green" venture capitalist Tom Rand calls "low hanging fruit" on the energy tree – easy to pluck and very cheap in the long run.
  • It has special appeal in large-scale operations, something Rand covers in a book he is working on. "I didn't think it was possible to go 100 per cent renewable but the studies support it.''
  • He claims that "if you drill 10 kilometres down to the really high temperatures, you can make enough energy to supply the whole U.S. with between three and 30,000 times more energy than it needs."
  • ...1 more annotation...
  • It might be said that the Planet Traveler hotel in Kensington Market, in which Rand is a partner, is a bit of a test case. Although it appeared initially that geothermal wouldn't be possible on such a tight city lot, Rand approached the city about using the lane behind the hotel to sink his geothermal pipes.
  • Cathy Bogaart on 08 May 09
     
    The groundswell of geothermal interest among builders, developers and individual homeowners all over the GTA is mainly because it's what "green" venture capitalist and MaRS Advisor Tom Rand calls "low hanging fruit" on the energy tree - easy to pluck and very cheap in the long run. Tom talks about the opportunities available to enterprising, innovative businesses.
Sarah Hickman

Angel Investors in Groups Achieve Investment Returns In Line with Other Types of Equity... - 0 views

www.kauffman.org/...el-groups-achieve-returns.aspx

funding social innovation raising capital investors entrepreneurship

shared by Sarah Hickman on 09 Sep 09 - No Cached
  • Sarah Hickman on 09 Sep 09
     
    The results of the largest study on the financial returns of angel investors in North America were released earlier this week by the Ewing Marion Kauffman Foundation and the Angel Capital Foundation. The study showed that angels affiliated with organized angel groups achieved an average of 27% internal rate of return on their investments. Overall, ".... [these] groups experienced exits that generated 2.6 times their invested capital in 3.5 years from investment to exit. This return compares favorably to that of other private equity investments, including those of early-stage venture capital." In addition to the study's findings on angel investment outcomes, best practices in angel investing were also identified. Areas linked to investment performance were: * due diligence time * industry expertise among investors * active participation by angels in the funded venture * follow-on investing (interestingly, the study found that " ... [i]n ventures where follow-on investments were made, nearly 70 percent of the exits occurred at a loss.")
Assunta Krehl

Diversity critical to future growth - The London Free Press - 0 views

www.lfpress.ca/...publish.cgi

Peter Evans business

shared by Assunta Krehl on 10 Aug 09 - Cached
  • Peter Evans, adviser to the Toronto technology organization MaRs, believes Canada's economy is at a crossroads, as critical to job growth as the Industrial Revolution was at the turn of the last century.
  • Assunta Krehl on 10 Aug 09
     
    Discussion around diversity being the key to growing the economy. Peter Evans, MaRS Advisor is quotes as saying he "believe Canada's economy s at a crossroads, as critical to job growth as the Industrial Revolution was at the turn of the last century.
  • Assunta Krehl on 10 Aug 09
     
    Discussion around diversity being the key to growing the economy. Peter Evans, MaRS Advisor is quotes as saying he "believe Canada's economy s at a crossroads, as critical to job growth as the Industrial Revolution was at the turn of the last century. April 6, 2009
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