Articles of Interest
July 29, 2015
Intellectual property has come to the center of attention in every economy around the world. Universities are the heart of creating new inventions from the ground breaking research that they perform everyday. Technology transfer plays a critical role in transferring those inventions to the market in order to create products that touch our lives everyday. The profession of technology transfer has evolved over the years and is one of the most coveted professional tracks for scientists, engineers, lawyers, and marketing professionals. Often times this is not a choice people actively make in the early stages of their career, it is choice they are aware of later in their career.
What is technology transfer anyway?
July 19, 2015
Has the word entrepreneur become too trendy as to have lost its meaning? I’m hearing it and the word entrepreneurship being used in so many conversations incorrectly.
Here’s a simple example. On a daily basis, I have an email exchange with someone who says they are an entrepreneur. I respond “What company did you start?” They respond, “Oh, I didn’t start a company, I was the fifth employee of Company X.”
Another example is the email that I get from someone in a large company who says “I want to create more entrepreneurship within BigCo.”
Now, these are well-intentioned people so I’m not critical of them. But I’m critical of the use of the word entrepreneur in these contexts.
July 13, 2015
Nearly 10 years ago, Hurricane Katrina shone a spotlight on the major challenges the greater New Orleans region had been facing for decades: high poverty, structural unemployment, major population declines, a non-diversified economy and migrating businesses. All this meant that in the 40 years preceding, the area had underperformed the national average in job creation by more than 40 percent.
Today, with our partners at GNO, Inc. and the NOLA Business Alliance, New Orleans is diversifying its economy, creating jobs in digital media and bioscience, and fostering an emerging environmental industry focused on coastal restoration and sustainability, all while sustaining foundational industries like energy, international trade, advanced manufacturing and hospitality.
Post-Katrina New Orleans has reversed decades of economic instability and transformed the area from worst to first on many lists, and the region is at the highest point of economic rankings in its history.
July 7, 2015
Is gender discrimination standing in the way of entrepreneurship?
Recently researchers at MIT asked this very question and found a disturbing answer: “Both professional investors and nonprofessional evaluators preferred pitches presented by male entrepreneurs compared with pitches made by female entrepreneurs, even when the content of the pitch was the same.”
Perhaps this helps explain why the total unmet financing needs for women-owned businesses around the world are an estimated $260 billion to $320 billion. Or why, in developing countries, as many as 70 percent of women-owned businesses are underserved or even unserved by financial institutions.
Either way, the gender gap in financing is bad news, particularly as women emerge as a force for markets, innovation, and jobs around the world. In Africa, for example,study after study shows women have the capacity, confidence, and follow through to start and grow a business, to the point where women entrepreneurs actually outpace men in countries like Zambia and Nigeria. Yet these businesses may already be limited for the simple reason that they aren’t owned by men.
July 1, 2015