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Assunta Krehl

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

  • 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
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    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.
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    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

Royal Bank of Canada Financial and Strategic Analysis Review - 0 views

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    Mention of Gord Nixon as the Chairman of MaRS Discovery District.
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    Mention of Gordon Nixon as the Chairman of MaRS Discovery District.
Assunta Krehl

Toronto innovators InteraXon light up the city with Olympic brain power - Yonge Street Media - February 17, 2010 - 1 views

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    InteraXon is a start-up that has developed the largest thought-controlled computer interface experiment in human history. MaRS Discovery District has been working with InteraXon to develop and market it's products.
Assunta Krehl

Tiny particles expand frontier of medicine - The Star - February 27, 2010 - 1 views

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    Nanomedicine is a field that is growing and there will be an exponential growth in products. U of T scientists David Jaffray and Christine Allen are amongst those that are going through clinical trials. Allen and Jaffray's invention is being shephered to market by MaRS Innovation.
Tim T

KT to Introduce Apple's 4G iPhone in April - 0 views

  • 4G iPhones will be equipped with organic light emitting diode (OLED)
  • new 4G iPhone is also going to be loaded with dual core processors and higher and powerful graphic chips
  • "At a time when major handsets vendors such as Samsung Electronics and LG Electronics are hiking the portion of contents-featured Google-powered phones, KT hopes to secure its bottom line by bringing upgraded iPhones,"
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  • KT officials said the company is aiming to continue its dominance in the local market by adding live chat video and even Wi-Fi functions to the upcoming devices.
  • During the period from November last year to Jan. 7, KT sold 220,000 units of 3G iPhones ― a good performance for the carrier.
  • KT, led by CEO Lee Suk-chae, is targeting to sell 500,000 units of iPhones including the 4G ones by the end of this year, a KT spokesman said.
Assunta Krehl

MobileMonday Wins International Brand Leadership Award - Market Wire - 0 views

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    MobileMonday is a global, open community that brings together decision makers, developers, researchers, and venture capital through monthly events, international events and chapter social networks. Since 2006, MobileMonday Toronto has worked very hard to build a successful chapter and community by leveraging the global brand and its recent partnership with MaRS to further enhance mobile thought leadership locally and across Canada. The Brand Leadership Award was presented to Jari Tammisto in the annual World Brand Congress in Mumbai, India. The award is the most important personal recognition granted in the congress, the congress organizers state. Dec 7, 2009
Tim T

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

  • 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."
Tim T

AdMob Metrics - 0 views

shared by Tim T on 20 Dec 09 - Cached
  • Apple is on track to sell over 40 million iPhone and iPod touches this year worldwide
  • In November, 50% of the unique iPhone and iPod touches that requested an AdMob ad were outside the US, compared to only 39% in January 2009
  • Last December iPod touch traffic doubled the day after Christmas.  We’ll see what the effect of all of the new devices is this year soon.  Happy Holidays!
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  • Despite growing competition, RIM sold more than 10 million devices in the quarter
  • with strong growth coming from outside of North America and in the consumer segment.
Tim T

Apple Q4 Results: Another Big Quarter, More Macs And iPhones Sold Than Ever Before - 0 views

  • Apple Q4 Results
  • Apple sold 3.05 million Macs in the quarter
  • sold 7.4 million iPhones in the quarter
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  • in Q3 of this year, Apple sold 5.2 million iPhones
  • Q4 earnings call
  • Q&A Session
  • Sales of iPod touch were up 100% year over year.
  • Over 70% for share of U.S. MP3 market.
  • launching there October 30th with China Unicom
  • Almost 21 million for the fiscal year sold now in terms of iPhones, so we have momentum. Plus the App Store with 85,000 apps is so far beyond anyone else. We feel good about competing with anyone. I think people are still trying to catch up with the first iPhone, announced 2 years ago. We’ve moved beyond that
  • We ship the 3G in 80 today, 64 for the iPhone 3GS, I suspect that will be past 80 by the end of the calendar year
Tim T

Sony's Digital Book Downloads from the Public Library - BusinessWeek - 0 views

  • One of the neat features of the Sony Reader is that you can “borrow” electronic books from participating libraries, including ones in New York, Chicago and my public library in Seattle. So I went to digital media page on its Web site and searched for Eclipse. It turns out that six of the library’s eight copies of the book in Adobe’s eBook format, which works with Sony’s eBook devices, were available to borrow for 21 days. I typed in my library card number and PIN, clicked download, and a few seconds later, the book was on my PC. Then, I connected the Sony Reader via the USB port and the book zipped over to my device.
  • a 7-inch touch-screen version with 3G connectivity, so users can download books without having to plug the device into their PCs.
  • It’s not a closed business model
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  • We want to innovate to get better and better access to content
  • Reader owners can already buy electronic books from 200 bookstores
  • don’t know how important those booksellers will be to the success of the Sony Reader. The Kindle has mindshare as well as market share. But the opportunity to instantly get a book from the library at 8 pm so my 11-year-old could have something to read before bed was pretty nifty. And it didn’t cost me a dime
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    eBook reader
Tim T

Nintendo's Game Designer Unfazed by Profit Drop - BusinessWeek - 0 views

  • Shigeru Miyamoto expresses patience with the recession but wishes rivals would innovate more and copy less
  • smart priority: consumers over investors
  • Nintendo is generally insensitive to investors and sensitive to consumers
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  • What can we do that really nobody else can?
  • It's the query that sparked the DSi's dual/touchscreen action, the Balance Board's super-accurate weight and mass measurements, and the Wii's revolutionary motion-sensing gameplay
  • Nintendo has sold 4.02 million Wiis this year, compared with Micosoft's (MSFT) 2.39 million Xbox 360s and 1.94 million Sony (SNE) PlayStation 3s, according to market trackers NPD Group
  • Miyamoto says their mimicry shows that Nintendo was right to gamble with the Wii. But he worries that a sameness will turn off gamers. "I don't necessarily think all the companies should move in the same direction," he says. "I would like to see each individual company take advantage of its own uniqueness and specialties."
  • For Miyamoto, that means coming up with a sequel to the Wii. Or does it? Updates such as the Wii MotionPlus accessory and Wii Fit Plus are proof that "there are still a lot of different opportunities and possibilities that haven't been exhausted yet on that console," he says. And it's clear he works by his own schedule. Miyamoto is notorious for scrapping or rebooting projects he thinks aren't up to snuff. Even the new Mario Bros. game ran late, nearly missing the upcoming holiday season because, as Miyamoto admits, "I got deeply involved rearranging elements and polishing it." Although Nintendo investors may want a blockbuster, you can bet the company won't be introducing any new products until Miyamoto says so.
Tim T

IAB Report: Internet Advertising Down, Search Ads Up First Half 2009 - Search Marketing News Blog - Search Engine Watch (SEW) - 0 views

  • The Interactive Advertising Bureau (IAB)
  • Overall Internet advertising in the first half of 2009 declined by 5.3%
Tim T

The Korea Herald : The Nation's No.1 English Newspaper - 0 views

  • LG Group said yesterday that it would invest 15 trillion won ($13.35 billion) in facilities and research and development, the largest ever annual investment in the conglomerate's history.
  • The announcement on LG's aggressive investment target came after LG Group chairman Koo Bon-moo recently said that LG should become an innovative technology company that creates a higher level of customer value.
  • Out of the 11.3 trillion won facility investment fund, the group will allocate more than 3.5 trillion won in expanding LG Display's eighth-generation production line in Paju, Gyeonggi Province, to target a larger market share in large-sized TV screens, according to LG Group.
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  • Out of LG's 3.7 trillion won R&D investment, which is up 23 percent from 2009, LG Electronics will spend 2.1 trillion won on developing smart phones, next-generation mobile phones, "smart TVs," 3-D technology and renewable energy, the company said.
  • "In the R&D sector, they are boosting smart phone R&D because it is relatively weak," he said.
Tim T

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

  • 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.
Cathy Bogaart

Building Canada's Culture of Entrepreneurship: Sure-bet to Startup Survival, Lisa Torjman & Jon Worren - 0 views

  • Canada is well stocked in technological know-how and has solid skills and traditions in the research and development (R&D) sector.
  • our ability to grow Canada’s R&D-intensive sectors that proves weak
  • Canada’s science and tech expertise is among the world’s best and have in fact competed over talent coming out of Canadian universities. However, due to the lack of commercial skills among Canadian graduates, CEOs were instead relying upon American and other foreign nationals for executive talent.
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  • promotion of role models and success stories more opportunities for mentorship better learning opportunities in educational and public policy realms higher levels of entrepreneurship literacy and access to training
  • 23% of the respondents had marketing and sales as the biggest challenge for entrepreneurs.
  • Access to talent was the second most common challenge
  • Following access to talent was mentoring
  • Strategic partners
  • lack of government financing and support, and protection for intellectual property.
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    An article in OSBR by Lisa Torjman, Associate, SiG@MaRS and Jon Worren, Advisor, MaRS. The article talks about the factors contributing to the weak culture of entrepreneurship in Canada.
Assunta Krehl

Busy Week - Kelvin Young Photography - January 25, 2010 - 1 views

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    Kevin Young, sent by the Cabinet Office, blogs about his experience about taking photos at the MaRS Centre during Advertising Week 2010.
Assunta Krehl

Automate to Market - The Scientist - January 2010 - 1 views

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    The Scientist spoke with researchers who are automating and commercializing the latest technologies to aid life science work. Ameer Taha, founder, Certo Labs, Toronto and Veronika Litinski, health-care and life sciences practice lead at the MaRS Centre, a Toronto-based innovation cluster that engages researchers in commercializing their inventions were interviewed. Litinski states that "Before people start spending money on [developing] a product, we want them to think about the value chain and how the industry ecosystem is organized."
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