Innovation

Energy Department Announces $53 Million to Drive Innovation, Cut Cost of Solar Power

Building on President Obama's Climate Action Plan to cut carbon pollution and continue U.S. leadership in clean energy innovation, Energy Secretary Ernest Moniz today announced more than $53 million for 40 innovative research and development (R&D) projects that aim to drive down the cost of solar energy, tackling key aspects of technology development in order to bring innovative ideas to the market more quickly.

Bartiromo: Mobile rules, ex-Apple chief says

I caught up with Sculley to get his thoughts on where the innovation is and how it is changing our jobs and lives. Sculley is betting on artificial intelligence and growth in the emerging markets with new game-changing companies.

Why innovation needs both art and science

Like many aspects of the digital age, this idea that innovation resides where art and science connect is not new. Leonardo da Vinci was the exemplar, and his drawing of the Vitruvian Man became the symbol, of the creativity that flourishes when the humanities and sciences interact.

Apple-1 computer sold at auction for $905,000

The computer, which went under the hammer for $750,000 at Bonham’s History of Science auction in New York Wednesday, was bought by The Henry Ford museum complex in Dearborn, Mich. The buyer's commission took the computer's total price to $905,000. “It has actually been on our collecting plan for many, many years,” Patricia Mooradian, president of The Henry Ford, told FoxNews.com. “To have this Apple-1 is very important because our collection focuses on innovation, ingenuity, and resourcefulness, which are great American traditions.”

The Innovation Challenge For Lockheed Martin

There was some earth-shatteringly important news last week, and it had nothing to do with Ebola: Lockheed Martin it had invented a compact fusion reactor that fits on a semi-trailer flatbed. Granted, it may require a decade of work to finish, but the technology could disrupt energy, utilities, even space-travel. The potential profits would be commensurately huge. So why wasn’t it the lead news story for days, and why didn’t the stock price skyrocket?

Recent Research: Is Bigger Better in Economic Development?

Over the past decade, two ideas have become more and more popular among innovation and economic development leaders. First, that maximizing collaboration between institutions, interest groups, stakeholders and communities is pivotal in building an innovation ecosystem that can succeed and grow over time.

Nye: U.S. Risks Standing as Global Innovation Leader Unless it Improves Science Education

Nye is a passionate spokesman for science education in the U.S., and he often warns his audiences that the country faces the threat of losing its reputation as the leading global innovator unless it starts putting greater emphasis on teaching young people science and math.

The Global Mercantilist Index: A New Approach to Ranking Nations’ Trade Policies

Countries’ use of mercantilist policies in recent years has expanded dramatically, particularly in emerging economies such as Brazil, China, and India. These practices, such as forced technology transfer or local production as a condition of market access, intellectual property (IP) theft, compulsory licensing of IP, restrictions on cross-border data flows, and currency manipulation, all distort trade and investment and damage the global economy.

US needs more women in STEM field to stay innovative

To keep up with the new competition, we have to adapt. This ultimately means improving the education system to fully utilize our human resources. It also means including everyone in the innovation process. The STEM degree field (Science Technology Engineering and Math) in particular has a serious diversity problem; we need more women in the field.

U.S. Secretary of Commerce Penny Pritzker Announces New Members to Serve on the National Advisory Council on Innovation and Entrepreneurship

U.S. Secretary of Commerce Penny Pritzker today announced the 27 individuals who have been selected to serve on the National Advisory Council on Innovation and Entrepreneurship (NACIE). NACIE members will advise the Secretary of Commerce on issues related to accelerating innovation, expanding entrepreneurship, and developing a globally competitive workforce.

How culture and an R&D line item can affect innovation and growth

Corporate culture is widely viewed as a key factor in innovation. So for its fourth annual innovation survey, Michigan-based accounting firm Plante Moran PLLC asked Midwest executives, managers and employees in small and mid-sized companies how culture affects innovation and growth.

What is Innovation?

So why does a common definition of innovation matter? Because if you don't share a common description of what innovation is and how it is created you have little chance of achieving it with the other members of your organization. This is particularly true for the entrepreneurial firm that is rapidly growing into something bigger and presumably better.

The Most Innovative Companies Don’t Worry About Consensus

Consensus is a powerful tool. When CEOs set out to conquer new markets or undertake billion-dollar acquisitions, we’d hope they’d at least sought out some consensus from their trusted advisors. We hope they’d be as sure as possible that their teams are ready, that their strategies are sound, and that they’d done their diligence. The problem with consensus is that it’s expensive. And while it’s worth the cost of consensus in the pursuit big, bold moves, it’s often crushing to small experimental ones.

How A National Network Can Spur Manufacturing Innovation

For the first time in more than 10 years both manufacturing output and employment are increasing. Since the end of the recession, the manufacturing sector has created more than 700,000 jobs and currently supports a total of 16 million U.S. jobs, according to NIST. Careers in manufacturing include those of engineers, designers and computer programmers, and the average salary of manufacturing workers is more than $77,000 a year.

Encouraging American innovation

Intellectual property (IP) protection generates value for innovations created during product and service development, across a broad range of industries including software, pharmaceuticals, manufacturing, bio-tech and information technology services.

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