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  • Sound Smart Talking About The Global Recovery In 60 Seconds

    globe earth boyThe IMF has released its World Economic Outlook report, and it highlights the heights the world economy has returned to since the financial crisis.

    The improvements can be seen around the world, but are particularly obvious in the emerging markets of Asia.

    But Europe and the United States aren’t completely left out of the story, with those regions showing great progress in returning to the growth story they yielded in 2007.

    Check Out The World Rebound In 60 Seconds >

    Industrial production is coming back everywhere.

    Industrial production is coming back everywhere.

    Source: IMF

    Manufacturing confidence is booming.

    Manufacturing confidence is booming.

    Source: IMF

    And output is starting to show signs of a limited recovery.

    And output is starting to show signs of a limited recovery.

    Source: IMF

    Trade volume and value is improving through early 2010.

    Trade volume and value is improving through early 2010.

    Source: IMF

    Consumer confidence is starting to rebound, except in Japan.

    Consumer confidence is starting to rebound, except in Japan.

    Source: IMF

    Retail sales, particularly in emerging Asian economies, are impressing.

    Retail sales, particularly in emerging Asian economies, are impressing.

    Source: IMF

    Industrial production and retail are crawling back to pre-crisis levels.

    Industrial production and retail are crawling back to pre-crisis levels.

    Source: IMF

    Equity markets have also taken to the rebound.

    Equity markets have also taken to the rebound.

    Source: IMF

    Credit numbers are starting to stabilize

    Credit numbers are starting to stabilize

    Source: IMF

    CDS on banks is declining, showing improving faith in the financial sector.

    CDS on banks is declining, showing improving faith in the financial sector.

    Source: IMF

    Unemployment numbers are improving worldwide.

    Unemployment numbers are improving worldwide.

    Source: IMF

    Though the European and American economies have the most room for improvement.

    Though the European and American economies have the most room for improvement.

    Source: IMF

    The inflation threat seems to be stabilizing.

    The inflation threat seems to be stabilizing.

    Source: IMF

    GDP growth is also back, and stabilizing.

    GDP growth is also back, and stabilizing.

    Source: IMF

    Feeling confident? Check out the 32 banks that could change everything.

    Feeling confident? Check out the 32 banks that could change everything.

    Here are the 32 systemically crucial banks capable of crushing the financial system >

    Join the conversation about this story »

  • U-Illinois signs IP license agreement with start-up Hoowaki

    The University of Illinois at Urbana-Champaign (U-Illinois) has inked a license agreement with Hoowaki, LLC, of Pendleton, SC, that allows the start-up to use nanotechnology developed in the laboratory of William P. King, PhD. The technology provides a method to manufacture microstructures that alter the surface properties of various materials. The microstructure manufacturing technology allows for the surface structure of manmade products to be molded in ways that replicate the micro- to nanometer-sized details found in nature. Surfaces of metals, ceramics, and polymers can be altered to affect appearance, color, friction, adhesion, lubrication, drag, and flow control.

    One potential application is to create super-hydrophobic materials, which are self-cleaning, reduce ice and mud buildup, and can be used to increase performance. Hoowaki focuses on surface transformation technology for clients in industries ranging from aerospace engineering to biomedical applications to consumer goods. The broad potential for microstructure manufacturing technology will allow Hoowaki to diversify its products and services, which include systems to make industrial tooling surfaces as well as custom surface design, surface engineering, and licensing of patterns.

    Source: BusinessWire

  • Motorcycle Training Could Be Mandatory

    Pending legislation would require would-be motorcyclists to take a 15-hour training class, costing $200 or more, to legally ride in Connecticut. But don’t expect any opposition from 22-year-old Adam Hinckley, an officer of the Blue Devil Riders club at Central Connecticut State University. 

    About four years ago, Hinckley said, only days after buying his motorcycle, he lost control while making a turn. He hit a curb and damaged his bike but got away with scrapes to his knees and elbows.

    At the time, Hinckley only had his motorcycle permit. He says now that, had he taken a motorcycle training course before the accident, he would have known how to maneuver the bike properly.

    Hinckley did enroll in a training course after falling off his bike. He said he learned basic techniques that motorcyclists need to know. As a bonus, he said, there are insurance discounts for riders who take such classes offered privately or through the state.

    Another incentive is that, by law, the Department of Motor Vehicles can waive the on-road portion of the “endorsement” application process for individuals who successfully complete an approved training course.

    Any motor vehicle driver’s license holder who plans to ride a motorcycle must get a motorcycle “endorsement,” designated by the letter “M” on a license. Motorcycle drivers must have both a valid license and a valid motorcycle endorsement or permit.

    Hinckley, of East Hartford, decided on his own to take the course, but future riders might not have that option.

    The legislature’s appropriations committee voted Monday 42-2 in favor of a bill that would require anyone applying for a motorcycle endorsement, regardless of age, to complete a novice motorcycle training course. Currently, only those under 18 must take a training course.

    The transportation committee passed the bill in March. It now goes to the House of Representatives and the Senate for action.

    Rep. Timothy Larson, D-East Hartford, decided to push for expanding the training requirement after talking with Stephanie Pelletier of East Hartford. Pelletier’s 19-year-old son, Nicholas Cohen, died in 2008 when his motorcycle and a minivan collided in Glastonbury.

    “I often wonder, if Nick was required to go through formal training, would he be here today?” Pelletier said at a public hearing in March.

    The state Department of Transportation’s most recent data show that 37 motorcycle riders and four passengers died in Connecticut in 2009.

    The DMV says there are currently 208,107 motorcycle endorsements in Connecticut.

    The motorcycle training bill would go into effect Oct. 1 and would result in a $100,000 cost to the DOT, which administers the Connecticut Rider Education Program. The bill has a price tag because more equipment would be needed to meet additional course demand.

    For next fiscal year, the Office of Fiscal Analysis says, the initial cost could be covered by a federal grant. However, lawmakers worry that federal funding will not be available later on. This could mean an increase in the novice safety course fees, the legislature’s budget office says.

    Kevin Nursick, a spokesman for the state DOT, says that thousands of people participate in the department’s voluntary rider education program each year and that the DOT encourages all motorcyclists to enroll in the program, which teaches life-saving techniques and motorcycle safety.

    Classes are held throughout the state for beginner, intermediate and experienced motorcyclists. Fees vary depending on the class, but they start at $200.

  • TV Output on HTC Droid Incredible!

    Ever want to play movies, show pictures and give presentations from your Android handset via a TV screen or projector?  Well your wish has been granted in the form of the HTC Droid Incredible, as it has the capability with an optional composite video cable to do all of those things.

    Anything you do on your handset screen will show up on your TV screen simultaneously.  This is a pretty impressive feature that obviously has a lot of uses.

    The guys over at Wirefly have this awesome video of the TV Output functionality that the Droid Incredible has built into it’s little frame, check it out below.

    Click here to view the embedded video.

    Might We Suggest…


  • Hebrew-U researchers discover genetic key to improve taste, yields of tomato plants

    Researchers at the Robert H. Smith Faculty of Agriculture, Food, and Environment at Israel’s Hebrew University and the Cold Spring Harbor Laboratory (CSHL) in New York have achieved increased yields and improved taste in hybrid tomato plants. The researchers discovered the yield-boosting power of a single gene, which controls the timing determining when plants make flowers. The technology works in different varieties of tomato and across a range of environmental conditions. The discovery was patented by Yissum, the TTO for Hebrew-U, which is seeking potential partners for further development and commercialization. “This discovery has tremendous potential to transform both the billion-dollar tomato industry as well as agricultural practices designed to get the most yield from other flowering crops,” says Zach Lippman, PhD, assistant professor in CSHL’s Watson School of Biological Sciences and co-author of a paper describing the technology that appears in Nature Genetics.

    Lippman and colleagues made the discovery while hunting for genes that boost hybrid vigor, a breeding principle that spurred the production of hybrid crops like corn and rice a century ago. Hybrid vigor, also known as heterosis, is the phenomenon by which intercrossing two varieties of plants produces more vigorous hybrid offspring with higher yields. A theory for heterosis, supported by the Hebrew-U-Cold Spring discovery, postulates that improved vigor stems from only a single gene — an effect called “superdominance” or “overdominance.” The research team developed a novel approach to find such genes by turning to a tomato “mutant library” — a collection of 5,000 plants, each of which has a single mutation in a single gene that causes defects in various aspects of tomato growth, such as fruit size, leaf shape, etc. Selecting 33 mutant plants, most of which produced low yield, the team crossed each mutant with its normal counterpart and searched for hybrids with improved yield. The most dramatic example increased yield by 60%. The scientists are seeking to team up with agricultural companies to develop the hybrids for commercial use.

    Source: ScienceBlog

  • Report: Ferrari reveals plans for six new models

    Filed under: , ,

    Fiat is in the midst of a grand restructuring, and reports are beginning to trickle in. First up is perhaps the most exciting, dealing with product development plans for Fiat’s most prized asset: Ferrari.

    According to reports, Maranello currently has a total of six new models or model variants in the pipeline for debut over the next couple of years. The first new variant up for release is the 458 Spider, the convertible version of the 458 Italia that replaces the outgoing F430 Spider. But if that’s not enough to whet your appetite, plans are also underway on project F151, the replacement for the lackluster 612 Scaglietti, a four-seat grand tourer that is slated to feature the first road-going implementation of the company’s KERS hybrid drivetrain.

    Following the 458 Spider and the 612 successor, Ferrari will reportedly launch a successor to the Enzo in 2012. Few details are available on that project, but in the same year we’re expecting to see a completely new model to replace the 599 GTB Fiorano, code-named F152.

    Finally in 2013, Ferrari is anticipated to overhaul the California with a comprehensive update tentatively called the California M, suggesting the difference between the current version and the new one will be similar in scope to the change from the 456 GT to the 456 M and from the 550 Maranello to the 575 MM. Also set for introduction in 2013 will be a hardcore, track-focused version of the 458 to follow in the footsteps of the 360 Challenge Stradale and the outgoing 430 Scuderia.

    Ferrari’s engineers had better cancel their dinner plans for the next couple of years, because it sure sounds like they’ve got their hands full.

    [Source: Autocar]

    Report: Ferrari reveals plans for six new models originally appeared on Autoblog on Wed, 21 Apr 2010 13:27:00 EST. Please see our terms for use of feeds.

    Read | Permalink | Email this | Comments

  • FCC Plows Ahead With Broadband Plan Despite Comcast Ruling

    The FCC today began the long process of building a regulatory regime for a broadband-centric — as opposed to telephone-centric — communications world during an open meeting in which it sought comments on several sweeping policy changes, including reforming the federal telecommunications subsidy for providing rural telephone access. Even as the FCC issues these notices and requests for comments, however, Washington policy experts are still wondering when the FCC will take action to affirm its authority to implement some aspects of the broadband plan. Is the FCC blithely ignoring reality or is it just that confident?

    During the first week of April a federal appellate court ruled that the FCC was wrong to chastise Comcast for throttling P2P packets because it did not ground its decision-making in the proper authority. The ruling has the effect of putting the FCC in limbo (GigaOM Pro, sub req’d) as to whether or not it has the authority to compel high-speed Internet service providers to follow some of its regulations.

    FCC Chairman Julius Genachowski opened today’s meeting by saying he believes the agency has the full legal authority to move forward with these proceedings despite the Comcast ruling, but that’s what the FCC has been saying since the decision was handed down during the first week of April, and even today that authority was questioned by a fellow commissioner.

    The FCC then voted on  six proposals, yielding:

    • It approved a Notice of Proposed Rulemaking and request for comments on reforming the Universal Service Fund so the program fund would be used for advancing the growth of high-speed Internet access to rural areas as opposed to supporting voice telephone lines.
    • It approved a change in its previous rules on wireless voice roaming, which forces carriers to automatically allow voice calls to roam, and it issued a Notice of Proposed Rulemaking on wireless data roaming in order to see if it’s feasible for wireless network providers to make it as easy for subscribers to roam on data networks in the U.S. as it is for voice.
    • It approved two proceedings related to opening set-top-boxes to allow open cable boxes that could access cable networks and the Internet, leading to greater competition for television programming, and for hardware to access video content.
    • It approved a Notice of Inquiry seeking comments on how to create fail-proof and resilient broadband networks in case of a natural disaster. One of the  current qualms over IP communication is that it’s not as reliable as the copper telephone networks in case of a disaster.
    • It approved a Notice of Inquiry asking for comments on whether the FCC should create a cyber security program.

    But during this decision-making process the issue of the FCC’s authority to implement its plans was challenged by Robert McDowell, a Republican commissioner, who questioned the FCC’s authority to require wireless network operators to automatically open their networks to roaming in the wake of the Comcast decision.

    Which indicates to me that when the FCC has to implement anything difficult or controversial, the issue of its authority will come up again and again — both from lobbyists and later through the courts. So the real question is as the FCC tries to implement a new broadband-centric regulatory regime, when is going to take the time to clear up these lingering questions?

  • Heather Locklear Arrested For Hit & Run

    Heather Locklear — the sexy star of primetime soaps like Dallas and Melrose Place — is facing a real-life legal drama: She was arrested in her suburban Los Angeles home for hit & run on Saturday.

    Law enforcement sources tell PEOPLE that a resident of the North Ranch Country Club in Westlake Village, California heard a crash near Heather’s home at approximately 4 AM on Saturday morning.

    The incident was not reported until 7:48 PM on Saturday. When deputies arrived on the scene several hours later, they found a knocked-over parking sign. After further investigation they confirmed that Heather’s 2005 black BMW had jumped the curb and struck the sign, but the actress never called the accident in to police. She was promptly arrested for hit-and-run.

    According to the Ventura County Sheriff’s department, Locklear’s vehicle matched debris from the knocked-over sign. No further details were disclosed.

    Locklear was cited on a misdemeanor charge of “Leaving the Scene of an Accident.” The collar is the second driving offense for the beauty in the past two years. In 2008, Heather was arrested in Santa Barbara for allegedly driving under the influence of prescription meds. She pled not guilty and was placed on informal probation for three years.

    Police do not suspect that Heather was under the influence at the time of her most recent accident.

    No word on how this latest arrest will affect Locklear’s probation, but we can expect to see her in court next month.


  • Verdant Ventures Advisors formed as tech transfer venture fund

    Tampa, FL-based Innovaro (formerly UTEK Corporation) has formed Verdant Ventures Advisors, LLC, as an independently managed tech transfer venture fund. “Verdant Ventures will enable Innovaro clients to have access to capital that we believe will help facilitate the transfer of technologies that have not yet attained a certain milestone or level of development maturity,” says Doug Schaedler, Innovaro CEO. “The underlying goal of this relationship is to further increase our clients’ commercialization success rates as well as increase the frequency of technology licensing for the company.”

    Verdant will take advantage of the breadth and depth of Innovaro’s contacts and networks with university TTOs, medical centers, federal research labs, and corporations. The new fund seeks to reduce the risk of investing in early-stage opportunities by capitalizing on its relationships with companies that specialize in tech transfer. Verdant then will add value to early-stage technologies by advising management teams and by continuing the development of the acquired science. Verdant also will seek to formulate and implement market strategies that may include outlicensing, selling, or incorporating a company to develop technologies in its portfolio.

    Source:  MarketWatch

  • Unfinished Business on Earth Day’s 40th Anniversary

    While Earth Day’s founders couldn’t have predicted it, acting on climate change has become the country’s great unfinished business.

    This post originally appeared on The Washington Post Planet Panel.

    Earth Day’s founders launched the modern environmental movement by harnessing the public’s growing frustration with a polluted country and turning that sentiment into constructive action. The groundswell of public support shown on the first Earth Day translated into public pressure on Congress to act and protect our resources.

    Congress responded swiftly. Perhaps most importantly, in 1970, President Nixon proposed and Congress later created the U.S. Environmental Protection Agency. The Clean Air Act was enacted in 1963, and revised in 1970 to make it more stringent. The Clean Water Act followed shortly after that. Taken together, these developments made the United States cleaner and healthier and ushered in a new level of national awareness of environmental issues.

    While climate change will be a challenge to solve, it also presents opportunities for American innovation. With the right policies in place, the United States could lead the world on clean energy.

    Forty years later, some of these environmental challenges remain. We also face a new challenge with an enormous scale: climate change. The period from 2000 through 2009 was the warmest decade on record, and we’re already beginning to see some of the effects of this warming.

    While climate change will be a challenge to solve, it also presents opportunities for American innovation. With the right policies in place, the United States could lead the world on clean energy. Without new US policies in place, others like Germany and China will continue to lead the clean energy revolution and the risks of climate change will grow to an unacceptable level.

    While Earth Day’s founders couldn’t have predicted it then, acting on climate change has become the country’s great unfinished business. Enacting legislation that will spur clean energy innovation and curb global warming pollution would honor the founders’ legacy in 2010. The U.S. House of Representatives got started this summer, and now it is the Senate’s turn.

    In the last 40 years, the people calling for environmental reforms have changed. The best policies are those supported by the public and a range of stakeholders. I can’t think of many issues that unite veterans, religious groups, businesses and labor unions, yet climate and energy legislation is one of them.

    As we observe Earth Day this week, I hope senators will remember that today, as 40 years ago, people counted on them to make the right choices for America.


    WRI has many resources on U.S. Climate Legislation, including fact sheets and bill summaries. Learn more about WRI’s work on Federal Climate Policy.

  • Series of royalty rate references expands to five titles

    A popular series of royalty rate benchmarking references has been expanded to five titles with the addition of two market-specific editions focused on medical devices and computer and communications technologies, respectively. Authored by respected royalty rate and valuation expert Russell Parr — who has spent more than two decades gathering deal terms — each of the five editions goes beyond raw rates and data and puts each transaction in context, including descriptions of the licensed technologies, full compensation terms, identity of the licensor and licensee, transaction background and history, and market analysis and benefits of the licensed technology. The two newest editions are designed to allow for less expensive access for those with specific interest in those technology spaces. The five titles are:

    • Royalty Rates for Technology, 4th Edition
    • Royalty Rates for Pharmaceuticals and Biotechnology, 6th Edition
    • Royalty Rates for Technology: Medical Devices and Diagnostics Edition
    • Royalty Rates for Technology: Computer and Communications Edition
    • Royalty Rates for Trademarks and Copyrights, 4th Edition

    CLICK HERE for complete details.

  • Rice-U business plan competition awards $1 million in cash prizes

    The 10th annual Rice business plan competition (RBPC) — one of the largest and most lucrative academic start-up contests — awarded more than $1 million in cash and prizes to fledgling firms. Forty-two university teams pitched their technology business plans to more than 200 judges representing successful VCs, entrepreneurs, and business leaders. The teams competed in six categories: life sciences, information technology, energy, green tech, social ventures, and other technologies. Each team presented a 15-minute business plan, with the top six competitors vying for a grand prize valued at up to $385,000, including a $285,000 equity investment, $20,000 in cash, and more than $80,000 in business services, including office space, marketing support, and business mentoring. BiologicsMD, LLC, from the University of Arkansas won the grand prize and several other awards. The start-up has developed OsteoFlor, a medication that binds directly to bone to spur bone growth. The product requires less frequent dosing and is expected to have few, if any, side effects.

    Other top winners included:

    • Rebellion Photonics from Rice University, whose patent-pending technology allows a high-resolution, large format, hyper-spectral image to be taken instantaneously. The compact, portable device provides for real-time, on-site, optical chemical detection.
    • GlucaGo, LLC, from Indiana University and Purdue University, which specializes in solid to liquid drug storage and injection technologies to improve the storage and administration of injectable drugs.
    • * OrthoIntrinsics from London School of Economics and Rice University, which is developing a patent-pending device, PRIME, that can directly and accurately measure internal hand strength. Used as an outcome measurement tool, PRIME can improve clinical practice and promote evidence-based medicine.
    • * Ambiq Micro from the University of Michigan, whose energy-efficient microcontroller (MCU), the Ambiq MCU, requires 25-130 times less energy in sleep mode and four to 10 times less energy in active mode than today’s functionally equivalent MCUs.
    • Reveal Design from the University of Michigan, whose automated software solution can perform scalable and comprehensive verification of digital logic designs to customers in the integrated circuit (IC) design industry.
    • UCLA’s Biogas & Electric, LLC, which has developed BioCat, a patented, low cost nitrous oxide (NOx) reduction technology that can be used in conjunction with anaerobic digestion — the leading solution to methane emissions produced by a variety of industries.
    • Sun Yat-sen University’s Deli Worm, which has developed patent-pending biotechnology and a custom-designed automation system to mass produce live organic worm meals as a substitute for current fish meals, mitigating the depletion of fish stock.
    • Stanford’s C3Nano, Inc., which has developed a cross-cutting technology to increase the efficiency of thin film photovoltaic (PV) technology.
    • The University of Arkansas’ InnerVision, whose extreme-condition electronics improve the efficiency of electricity-generating turbines and reduce operating costs.
    • Rice’s infantAIR, whose continuous positive airway pressure system (CPAP), named Baby Bubbles, gently inflates the lungs of infants and increases oxygenation.

    Source: Rice Alliance

  • Why Texas Is Beating The Pants Off The Rest Of America

    Texas Girl Cheerleader

    Texas’s economy fared far better than most of the U.S. during the downturn, and it’s rebounding strong as well. The state has been already adding jobs since the fall for 2009 according to The Big Money (TBM).

    What gives? Is it all oil? Nope.

    1) It’s due to better housing regulation, which helped keep the state’s mortgage delinquency rate below the national average:

    TBM:

    That’s partly because relaxed zoning codes and abundant land kept both price appreciation and speculation down. “House prices didn’t experience a bubble in the same way as the rest of the nation,” said Anil Kumar, senior economist at the Federal Reserve Bank of Dallas. But it’s also because of two attributes not commonly associated with the Longhorn State: financial restraint and comparatively strong regulation.

    2) The state also has a larger amount of non-oil-related exports than many people realize:

    Manufactured goods like electronics, chemicals, and machinery account for a bigger chunk of Texas’ exports than petroleum does. In the first two months of 2010, exports of stuff made in Texas rose 24.3 percent, to $29 billion, from 2009. That’s about 10 percent of the nation’s total exports.

    3)  And as far as energy industry growth is concerned, natural gas and wind are growing while oil is in decline.

    In November 2009, Texas [oil] wells produced 1.08 million barrels per day, about half as much as they did in the late 1980s. In recent years, natural gas has been undergoing a renaissance. The state’s production rose about 35 percent between 2004 and 2008. And Texas has received a big boost from a different, renewable source of energy: wind.

    In this area, Texas’ size and history of independence has enabled it to jump-start a new industry. The state has its own electricity grid, which is not connected to neighboring states. That has allowed it to move swiftly and decisively in deregulating power markets, building new transmission lines, and pursuing alternative sources. “We can build transmission lines without federal jurisdiction and without consulting other states,” said Paul Sadler, executive director of the Austin-based Wind Coalition.

    So it’s not the state your father knew, which people closely familiar with it are probably well aware of. For the rest of us, it’s worth investigating what exactly is going so right.

    Continue reading at The Big Money here >

    Join the conversation about this story »

  • Blagojevich denied: Judge nixes tape request

    A federal judge in Chicago on Wednesday nixed a request from indicted former Illinois Gov. Rod Blagojevich to play all 500 hours of wiretaps at his corruption trial. The Chicago Sun-Times Natasha Korecki has the latest Blagojevich story.

  • New Bayh-Dole style IP law to take effect in South Africa this summer

    A South African law regulating IP from the country’s publicly funded research is expected to take effect in June or July. The legislation is designed to protect research and ensure that its commercialization benefits the people of South Africa, according to McLean Sibanda, a senior patent attorney at the department of science and technology’s National Research Foundation. The final regulations are expected to be posted on the department of science and technology’s website and distributed to stakeholders by May 1 so that the public has a few months to become familiar with the law before it takes effect.

    In comments on the draft regulations, Rory Moore, director of the Intellectual Property and Technology Transfer Office at the University of KwaZulu-Natal, said, “The Act seeks to address the situation where intellectual property, developed by researchers, lies idle at universities or is sold off to private companies, often overseas, with no benefit accruing to the university, the government, or the South African people.” Moore said that legislation passed in the U.S. and U.K. during the 1980s returned ownership of IP — which had previously vested in government — to the universities. The intent of the South African legislation appears to move ownership from individual researchers up to the institutional level and to the government level, in some instances.

    Under the Act, each institution (universities, science councils, etc.) will have access to a TTO, which will determine whether identified IP, developed using public funds, is worth protecting and commercializing. If so, the institution can elect to assume responsibility for the costs and benefits of this protection, with some financial benefit passing to the researchers. Should the institution elect to forego the patenting and commercialization function, the National Intellectual Property Management Office (NIMPO) can elect to protect and/or commercialize the IP on behalf of the state. Should NIMPO pass up the opportunity to do this, the IP is then first assigned to any private entity co-funders of the IP and then to the creators of the IP. The Act rewards ingenuity and creativity by entitling inventors in an institution to a minimum of 20% of the gross revenues accruing to the institution for the first ZAR 1mn and a minimum of 30% of net revenues thereafter, according to Sibanda.

    Cristina Pinto, business development and commercialization manager at Wits Enterprise — the IP commercialization organization for the University of Witwatersrand — says the Act develops a greater awareness of the value of IP and the need to exploit technology to improve society. “It is anticipated that the development of such awareness within the South African research community will permeate the greater African research community,” she says. The Act also provides a legislative environment in which institutions can negotiate IP rights with private industry when the research has been partially publicly funded. Previously, a “take it or leave it” attitude by industry forced universities to sponsor research for private companies, Pinto says. Other pluses include the provision of an IP fund to assist institutions in obtaining statutory IP protections and the creation of opportunities for local companies — especially small firms — to commercialize IP.

    Source: Digital Journal

  • Fisheye Tin Camera Mounts To Canon DSLR For 180º Photos [Cameras]

    We’ve seen all manner of SLR trickery in the past, but Bhautik Josh has cobbled together a fisheye camera from a soda can. Sounds totally MacGyver, but he’s put the steps up on his blog for you to try out. More »







  • On-demand Web Seminar:Automating Semiconductor Package Thermal Characterization and Design

    Drastically reduce time spent on characterization and customer-specific applications in IC design with FloTHERM IC.

  • Palm Updates Facebook for webOS to v1.2

    facebook webos palm
    Palm Inc. has released a free update to its Facebook application for webOS devices. The highlight of this release is webOS notification support, so now your device can unobtrusively inform you when you need to refuel your tractor in FarmVille.

    Facebook v1.2 is a free download from Palm’s app catalog. The app is built and maintained by Palm’s own developer relations team. The version also includes some other updates such as support for Facebook videos, keyboard shortcuts and more. In addition, Palm says they have “polished” up the user experience.






  • HTC Droid Incredible Video Walkthrough

    Found under: HTC, Droid, Incredible, Android, Video, Google, Sense UI,

    We all know about the HTC Droid Incredible it is looking to be the best Android handset ever some reviews gave the handset a flying pass with only little problems. This handset is a powerhouse it is said to be faster than the Google Nexus One and more usable with HTC Sense UI on board. I for one think the HTC Sense UI vs the default Android UI comparison is useless its all about preference that is why I will never own a HTC phone with the Sense UI.The walkthrough video is just over

    Read More

    Read more in mobile format

  • India to establish IP facilitation centers for small, medium businesses

    The Federation of Indian Chambers of Commerce and Industry (FICCI), in association with the Union ministry of micro small and medium enterprises (MSMEs), is establishing a string of IP Facilitation Centers to assist MSMEs across India in protecting their IP. The IP Facilitation Centers will offer services covering all aspects of IP rights. In addition to providing general advice about patents, trademarks, designs, and copyrights, the Center’s technical and legal experts will offer patent searches, patent drafting, patent and trademark prosecution, and facilitation in commercialization of inventions. During its first phase, FICCI will open the IP Facilitation Center head office in Delhi. As work progresses, FICCI expects to link the head office to state offices in Kolkata, Jaipur, Mumbai, Ahmadabad, Hyderabad, Chennai, and Bangalore. Foreign firms file 80% of India’s patent applications. Though the country’s small industries produce various innovations, they often fail to protect their IP due to lack of funding and lack of awareness about the need to protect their IP.

    Source: PharmaBiz