The global population is aging as life expectancy increases. That means not only is demand for healthcare rising, but the very nature of that care is changing. In this interview, the CEO of Swiss pharmaceutical company Novartis, Joseph Jimenez, discusses with McKinsey’s Rik Kirkland issues including the emerging need for regenerative medicine, how digitization is driving innovation, and why Novartis is shifting to an outcomes-based approach for patient treatments. An extended and edited transcript of Jimenez’s remarks follows.

Frankfort, Ky. – Five high-tech businesses will be awarded more than $1.5 million as part of the state’s program to support and attract technology-based small business to the state.

Two of those companies receiving awards are based out-of-state but are relocating to Kentucky. The companies receiving awards in the second quarter of 2015 include:

Gismo Therapeutics, Inc. (Fayette County): Gismo is a Lexington-based company that recently relocated from New York. The company is developing a class of small molecule therapeutics to disrupt the inflammation cycle of Rheumatoid Arthritis (RA).

It’s easy to put things off, from starting a big project at work to making a dental appointment. Everybody procrastinates, says Joseph Ferrari, PhD, professor of psychology at DePaul University in Chicago, but not everybody is a procrastinator.

"Twenty to 25% of adults are chronic procrastinators; it affects their home, school, relationships, and job—wherever they have to do something," says Ferrari, author of Still Procrastinating: The No-Regrets Guide to Getting It Done. "That’s higher than the rate for depression, substance abuse, phobias, and other psychological abnormalities. People think it’s humorous, but it can be a serious problem."

In recent years, Africa has become a hotbed of technological innovation. The spread of mobile technology has spurred new companies, such as delivery service MamaMikes, which allows dispersed family members to send gifts, and energy provider M-Kopa Solar, which now provides energy to a reported 150 000 homes across East Africa.

Japan has agreed for equity participation in the entity that would take up the construction of the State capital at Amaravati and details are being worked out, Chief Minister Chandrababu Naidu has said.

In a media interaction in Tokyo on Tuesday, Mr. Naidu said the his government had submitted proposals to Singapore and Japanese governments seeking development fund, technical assistance, technology collaboration and skill development. He said the Singapore Government agencies which submitted the Master Plan for capital region were expected to give the detailed seed capital plan in a few days.

Entrepreneurs. They are not normal by any stretch of the imagination. I am not sure why I am using the word "they" since I proudly consider myself in the "them" category. We are unusually unique, many of us labeled as certifiable (and proud) workaholics, with passion, persistence and tenacity as our calling cards. It takes a certain level of craziness to be an entrepreneur, but I wear the label like a badge of honor. Are you a member of the club? Below, read the list of 15 entrepreneurial signs and see how many you can identify with as traits belonging to you.

Keywords are instrumental in helping people find your website. Every time someone searches for a keyword that relates to your brand, you want them to find your site, nestled toward the top of search results. If that’s not the case, you need to invest serious time in researching the right keywords and adding them to your website. These tools make it easy to do.

A mentor of mine once said that company culture was the thing that had the biggest impact on success, but sadly was given the least attention in most businesses. You should pay attention to your culture, because it impacts everything — especially revenue growth and profitability. Company culture is hard to define, but let me take a crack at it.

Doppler Labs CEO Noah Kraft says his office isn't intentionally loud, but the blaring car horns that drift up from the SoHo street below serve as a constant reminder that the world isn't always sound-optimized. Kraft and his team hope to change that with new wireless earbuds he calls the first step toward bionic hearing.

WASHINGTON, July 7, 2015 /PRNewswire-USNewswire/ --  The Sheikh Zayed Institute for Pediatric Surgical Innovation at Children's National Health System is now accepting proposals for its "Make Your Medical Device Pitch for Kids!" competition. Two top prizes of $50,000 each will be awarded to the winning presentations at the Third Annual Pediatric Surgical Innovation Symposium in October.

The competition invites proposals from innovators – researchers, entrepreneurs, clinicians, and patient families – who have identified a significant, yet unmet medical device need within the pediatric population. For competition details, click here.

Internship programs are now well underway on Wall Street, and the resident office rookies are finding out the truth about their prestigious jobs.

We've all heard horror stories about sleepless nights at the office and midday root-beer-float runs for senior bankers in the summer heat.

Thanks largely to rapidly expanding technologies, planning for the future is more important than ever in business. With thorough preparation and some strategic initiative, your business can position itself to take advantage of some of the inevitable changes that are on the horizon for companies across all industries. Here are five ways to get started.

We have identified the six major paradigm shifts that are disrupting how we see the world and do business. Recognizing these shifts will help innovation leadership discover opportunities in a wide variety of fields and develop game-changing business models. The current leading paradigms are being challenged by new approaches based on different beliefs and assumptions. New paradigms lead to new business models and production techniques, new forms of collaboration and cooperation, new forms of financing and ownership, and new forms of learning. What paradigm shifts are playing out in your field? If you are not aware of them, then perhaps you should be. If they are not yet playing out in your field, you may have a golden opportunity.

Image: http://www.innovationmanagement.se

There are incredible opportunities today to bring new things into the world. It is the hallmark of the creative artist to create something that did not exist before, but this generative capacity is not limited to creative artists. Entrepreneurs and corporations conceive and create new products, services and platforms that would not have existed but for their efforts. Our increasingly complex and volatile world needs this creative ability now more than ever, especially in our leaders.

MUMBAI: Accenture has awarded 11 research grants to top universities around the world to significantly broaden and deepen the relationships between Accenture's technology research and development (R&D) groups and leading university researchers, the company said in a release on Tuesday.

Image: http://economictimes.indiatimes.com

Applying the theory of disruptive innovation to Tesla is not as simple as it seems.

Tesla’s entry into the automotive industry has fascinated industry analysts, scholars, and customers, who love to debate its viability and long-term prospects. Will yet another fairy-tale story of entrant success and incumbent displacement unfold in the coming years, or will dominant players with their massive resources crush this little upstart?

Many people sense that the way organizations are run today has been stretched to its limits. In survey after survey, businesspeople make it clear that in their view, companies are places of dread and drudgery, not passion or purpose. Organizational disillusionment afflicts government agencies, nonprofits, schools, and hospitals just as much. Further, it applies not just to the powerless at the bottom of the hierarchy. Behind a facade of success, many top leaders are tired of the power games and infighting; despite their desperately overloaded schedules, they feel a vague sense of emptiness. All of us yearn for better ways to work together — for more soulful workplaces where our talents are nurtured and our deepest aspirations are honored.

Image: Illustration by Martin O’Neill

Secretary of Commerce Mike Gill is looking for an energetic and focused individual to lead the State's activities in the life sciences arena. This is a highly collaborative role. Its objective is to advance Maryland as the premier center for biotechnology innovation and entrepreneurial vitality in the nation. The position is based within the Department of Business and Economic Development, and reports to the Managing Director of Business and Industry Sector Development.

Listen to inspiring conversations about cutting edge mental and physical techniques to help you live beyond the status quo. This podcast will motivate you to grow your business, get in better shape, perform at your peak, and most importantly have more fun. Matt Wilson is the co-founder of the popular blog Under30CEO and the travel company Under30Experiences.

Has your lab had a successful technology partnership or program experience with its state or local government office? If so, we want to hear about it! The Federal Laboratory Consortium for Technology Transfer (FLC) is now accepting submissions for its 2015 edition of the Federal Laboratories & State and Local Governments: Partners for Technology Transfer Success publication.

Image: http://app.greenrope.com