The government said Friday it would spend 7.5 trillion won ($7 billion) to support the biohealth sector by 2022 aggressively.

The Ministry of Trade, Industry and Energy launched “Industrial Innovation 2020 Platform” with private companies and experts to discuss cooperative measures to accelerate private sector-driven industrial innovation and growth.

Since 2014, the City Sector Model has been used to portray population trends by functional area within the 53 major metropolitan areas (major metropolitan areas). The current edition classifies small areas (zip code tabulation areas) by demographic factors into five categories (Figure 1). The first two are urban core (central business district and inner ring), while the last three are suburban or exurban. The suburban areas are largely within the continuous built-up urban areas, while the exurban areas are generally in the metropolitan areas, but outside the built-up urban areas.

Image: http://www.newgeography.com

The Social Security Administration has released its official list of the most popular baby names for boys and girls in 2017 — and there are a few “famous” names in the mix.

Emma was the most popular girls baby name in 2017, but whether that is in any way connected to Emma Stone, who won the Oscar for Best Actress for her role in La La Land, is unclear. The name Emma is the most popular baby name for girls for four years running.

NEW YORK (Reuters) - A decade ago, Devin Jameson might have chosen to drop out of college and work on Eversound, a wireless headset start-up for senior communities.

Instead, Jameson was able to combine his co-founded company with his academic coursework through Cornell University’s eLab program, an accelerator curriculum he completed in 2015.

The eLab program runs for a full academic year. Students build out their businesses while participating in lectures, class work, mentorship and receiving a $5,000 investment. At the end of the program, students demo their businesses in front of a crowd of hundreds, including potential investors.

Have you ever wondered if you have what it takes to be an entrepreneur? One of the most common ways to answer this question is to examine a cross-section of successful entrepreneurs and see how many characteristics you share with them. While this exercise isn't necessarily the best way to address the question (as I'll dig into later), it can reveal some important factors that may contribute to your success or failure.

Mildred Topp Othmer is not a household name, but the late benefactor enjoyed some renown in philanthropic circles. When she died in 1998, she left the University of Nebraska at Lincoln, her alma mater, $125 million in her will.

The bequest made headlines back then because it was the largest ever single, private donation given to the university. But left unsaid was that Othmer had created her own wealth, independent of her husband.

More than half of all venture capital dollars invested in small businesses and startups during the first three months of 2018 went straight into the state of California, according to a recent investment report from PwC and CB Insights suggesting the vast majority of business investment in the U.S. is concentrated in only a few states.

Venture capital investments climbed 4 percent during the first quarter to $21.1 billion, and more than $11.5 billion of that funding went to California-based businesses. Given the state's thriving tech scene, large population and access to Silicon Valley and the San Francisco Bay Area, it is perhaps unsurprising to see the Golden State emerge from the first quarter with the country's top spot.

The Federal government invests $150 billion annually in Federal research and development. And the National Institute of Standards and Technology (NIST) wants to make sure the Federal government–and taxpayers–are getting the best return on investment (ROI) possible. To take the temperature of the Fed’s ROI, NIST is using a request for information (RFI) to gather feedback from research stakeholders, including industry leaders and academics.

Earlier this year, NIST and the White House Office of Science and Technology Policy were tasked with leading the Lab-to-Market Cross Agency Priority, which is a priority in the President’s Management Agenda. As part of those efforts, NIST on April 19 launched an initiative to improve Federal technology transfer.

Entrepreneurs are known for their creativity and risk tolerance; engineers, mathematicians, and health care workers typically aren’t. Consider, for example, the ideal attributes of a civil engineer building an interstate bridge near your home. Do you picture a risk-tolerant engineer who is highly comfortable with uncertainty, or one who tends to prefer mathematical certainly?

Many people say the latter, but entrepreneurship — as well as the creativity and risk-taking associated with it — is an increasingly core component of commercial work, and one for which students in highly technical fields are ill-prepared.

Since 2013, James and Deborah Fallows have traveled through smaller-town America, reporting on cities that had faced economic or other challenges and had devised responses. One of their findings is about a new trend in migration, of ambitious young people looking for alternatives to big-city coastal life.

Through the past few generations, many people have assumed that the more you aspire to first-rate achievement (and rewards), the more you have to decide to live in a handful of coastal centers. New York for finance, San Francisco and Seattle for technology, Washington, D.C., for politics, Los Angeles for entertainment, and so on.

As the college Class of 2018 ventures out into the working world, many of them will choose to work for themselves, or at least entertain the thought.

A variety of factors – less security in the traditional job market, more innovation (especially through social media), a desire for more fulfilling work and independence – has led to a steady trend toward entrepreneurship among graduates in the past 10 years.

One evening in February 2016, writer and filmmaker Ava DuVernay met with two top Disney executives about the possibility of directing an adaptation of Madeleine L’Engle’s classic novel A Wrinkle in Time. DuVernay, 44 at the time, had overcome many challenges to reach that moment. She had launched her career 12 years earlier with no connections — she just picked up a camera and started making small-budget films, including one she financed out of her own savings account. She achieved a big breakthrough with Selma, the first film directed by an African American woman to be nominated for a Best Picture Oscar.

You had an amazing meeting with an investor. Your product demo crushed. The dialog was great. They told you how much they loved your space. The meeting was only supposed to last 45 minutes but you ran 90. The assistant tried to end the meeting twice but was shoooshed away.

You race back to the office to tell everybody how well it went and you wait for the follow-up call to have a partners’ meeting or talk about term sheets or at least dip into due diligence. One week. Two weeks. Oh, fork. What do I do now?

Roadways clogged by commercial vehicles and intense competition for affordable housing are imposing costs on prosperous cities and their most vulnerable residents.

Cities are the hubs of the emerging digital economy, attracting knowledge workers with higher pay and alluring lifestyles. One consequence of this concentrated prosperity is rising rents and a scramble for housing that places disadvantaged citizens in peril—as seen in the increasing rates of homelessness in cities such as Seattle. 

As hundreds of people descend on New Haven on Wednesday for the annual Yale Innovation Summit, the university is announcing a new $15 million grant to expand its fund for scientific breakthroughs.

The Blavatnik Fund For Innovation, started in 2016 with $10 million, is receiving the expanded grant from philanthropist Len Blavatnik’s family foundation. The grant will increase the number of awards Yale University can provide to researchers developing new drugs and other medical technologies, and support the fund’s fellowship program.

As Amazon releases an Echo Dot smart-home device aimed at children, it’s entering a busy and growing marketplace. More than one-third of U.S. homes with children has at least one “internet of things” connected toy—like a cuddly creature who can listen to and respond to a child’s inquiries. Many more of these devices are on the way, around the worldand in North America specifically.

SEA Securities Exchange Commission (SEC) report contains over 20 recommendations for the SEC to consider that would improve small business capital formation. The report, released in April, stems from the 36th annual Government-Business Forum on Small Business Capital Formation – a daylong event held late last year. Its recommendations include issues related to the definition of accredited investors; rules changes that would increase the number of Regulation A+ and Regulation Crowdfunding offerings; and, a revised regulatory regime (based upon the European regulatory regime) to improve peer-to-peer lending.

The Center for Technology & Venture Commercialization at the University of Utah announced a new funding program for early stage technology development and commercialization. The University of Utah Seed Fund will allocate up to $1 million to help university researchers develop promising technologies, enable commercialization and attract additional funding sources. The fund will be focused on technologies at an early stage of development.

Image: CREDIT: HUNTSMAN CANCER INSTITUTE, UNIVERSITY OF UTAH

Before the University of Minnesota established its Office for Technology Commercialization in 2006, there wasn’t much emphasis on entrepreneurism or spinning off new companies from the U’s vast range of research activities.   Known as “technology transfer,” it’s a process by which academic researchers partner with in-house business experts on how to license patented ideas, launch new companies, raise capital, enter markets and do all the entrepreneurial things that scientists may not otherwise be prepared for.  

Image: http://tcbmag.com

You’ve heard the cliché about wearing your heart on your sleeve. But a group of Army doctors did one better: They grew a new ear on a soldier’s forearm, using cartilage harvested from her ribs.

Two years ago, Pvt. Shamika Burrage, an Army supply clerk, was returning to her post in Texas after visiting family in Mississippi, according to an Army statement. Her front tire blew during the drive back, sending the car careening off the road. When Burrage hit the brakes, the car skidded for 700 feet and flipped several times. She was thrown from the vehicle, and suffered head injuries, spinal compression fractures and the total loss of her left ear.

http://time.com - From Video