For all of you concerned over the recent Supreme Court decision: You’ll get expert advice on dealing immediately with IP assignment and ownership concerns in light of the decision, as well as clearly explained implications for the future. Please join us on July 8th to consult with Kevin E. Noonan, PhD, JD, who is primed and ready to dissect the decision and its practical impact.
Here is a great article for you by Marie Powes: Things could always be worse. At least, that’s what start-ups try to tell themselves when a pitch goes south. And they might be right. When Business Insider asked some VCs and entrepreneurs to share some of their more memorable pitching disasters, they heard stories about entrepreneurs dressing like avocados, VCs leaving broke CEOs with restaurant tabs, and people falling asleep in meetings — plus more delightfully awful details. Although tales of misery can provide endless entertainment — provided you don’t recognize yourself in one of the vignettes — there also are valuable lessons to be learned from these mishaps. To get the gory details of these pitching disasters, go to: Business Insider
Budgets are tight. Good decisions are critical. A series of regional workshops designed to provide tools and techniques to measure economic impact can help community leaders determine the best investments for their communities’ economic future. Conducted at locations across Indiana this summer, the series’ next workshop will take place in New Albany.
Elected officials, community and economic development professionals, local volunteer leaders and university students will want to attend this dynamic regional workshop that will feature important topics such as: “Understanding Your Regional Economy”, “Measuring Economic Impact” and “Best Practices Impacting Economic Vitality.” Both Uric Dufrene and Brenda Swartz of the outheast School of Business will present during the workshop. Those in attendance will be able to participate in a Regional Resource Fair.
This workshop series is presented by the Economic Development Working Group, a unique collaboration of the Indiana Office of Community and Rural Affairs, Indiana Economic Development Corp., Association of Indiana Counties, Indiana Association of Cities and Towns, Indiana Economic Development Association, Ball State University, Indiana State University, Indiana University, Purdue University, and University of Southern Indiana.
New Albany Regional Economic Impact Workshop
June 28, 9 a.m.- 2:30 p.m.
University Center, Room 127
New Albany, Indiana
To register, please go to the following web link:
The $20 registration fee includes lunch.
From the Wall Street Journal: The $3.8 billion spent by the U.S. government to map the human genome spurred the creation of tens of thousands of jobs and gave rise to an industry that—while slow to deliver medical breakthroughs—now generates about $67 billion in annual economic activity, according to a new study.
The genome-sequencing project triggered many novel types of economic activity, the report said, from the manufacture of sequencing machines and other instruments to the devising of genetic test kits and diagnostic materials used for lab experiments.
The investment also produced significant economic returns in the form of tax revenues and personal income, according to the study.
Millions of people in the United States—and many more around the world—have suffered vision loss or blindness as a result of diabetic retinopathy, a complication of the chronic disease. Some didn’t even know they had diabetes when the vision loss occurred.
Early detection of the condition can lead to effective treatment. Professor Ann Elsner, a leading expert in retinal imaging, and her team, which includes IU senior scientist Benno Petrig and optical engineer Matt Muller, wanted to make diagnosis more affordable Together, they developed a low-cost laser-scanning digital camera that is easy to use and cheaper to build and started their own company, Aeon Imaging, LLC
“Too many people are going blind because their diabetic retinopathy isn’t discovered soon enough for effective treatment. This project is eventually about putting our health dollars where they count.”
Professor of Microbiology and Immunology, IU School of Medicine, Director of the Center for AIDS Research, IUPUI
Professor Johnny He has made a wealth of important contributions in the treatment of HIV and AIDS during his 15+ years in the field. He and his co-researchers have:
- Created an HIV reporter virus system used to detect virus infection and screen for anti-HIV therapeutics
- Identified how HIV adversely affects host cells, causes brain damage, and gains access into the brain
- Created a small rodent animal model to study HIV-brain interaction
- Created a brain-specific and inducible HIV Tat transgenic mouse model
- Identified a host protein called Sam68 as an indispensable host factor for HIV replication
I have enjoyed the total academic freedom that I have as an independent researcher. Our faculty is always open to work with and help each other.”
From TechJounal South: A scant 1 percent of startups create 40 percent of all new jobs, according to a World Economic Forum study.
The WEF suggests that governments who want to spark growth via entrepreneurship should find out what makes the top companies successful rather than trying to “replicate Silicon Valley.”
The report, conducted in collaboration with Stanford University and Endeavor Global, said the purpsoe of the report is to provide insight on how to foster successful entrepreneurship and improve economic growth, prosperity and quality of life.
Writing on his blog Startup Professional Musings, Martin Zwilling observes that, although every start-up is unique, certain common mistakes can lead to legal complications that jeopardize the long-term success of the business. Don’t be afraid to consult legal counsel if any of these raise qualms for you:
From Tech Transfer Tactics: Writing on Both Sides of the Table, VC Mark Suster points out that “you manage what you measure.” Start-ups are constantly under pressure and have many distractions, so it’s invaluable to have a set of metrics that are key drivers of success. Make the goals widely available and share your most important goals with your board. “Transparency of goals drives performance because it creates a commitment and a sense of urgency,” Suster says.
Most companies have some measurements, but Suster argues they often measure the wrong things and with the wrong yardstick — either too high-level or too detailed. Here are some measurements he recommends, using a web-based business to illustrate: