The Economist spotlights the experience of several MIT graduates who have started their own companies in a piece about teaching entrepreneurship. The Economist notes that MIT alumna Bilikiss Adebiyi-Abiola credits a course she took at MIT with helping her, “gain confidence in pitching to a room full of investors.”
In this WBUR segment, Prof. Robert Langer speaks with Karen Weintraub about the challenges of bringing scientific discoveries from an academic lab to the marketplace. “The people who often do the best are the ones that are good at dealing with failure,” says Langer.
NECN’s Brian Shactman interviews MIT alumnus Sam Shames for this “Tech Check” segment about the Embr Wave, a wristband developed by Shames and others to help the wearer feel cooler or warmer. “There’s actually a piece of technology to make it easier for all of us to get along when it comes to temperature,” declares Schactman.
In this video, Mashable spotlights AlterEgo, a wearable device that allows for silent communication between human and machine. The video notes that graduate student Arnav Kapur’s goal in developing the device was to, “create something to let people communicate silently and without being obtrusive to each other.”
Forbes contributor Frederick Daso describes how two female MBA students at the MIT Sloan School of Management, Preeti Sampat and Jaida Yang, started their own venture capital firm in an effort to, “bridge the geographical and diversity gaps in the current early-stage investing ecosystem.”
Quartz reporter Kwasi Gyamfi Asiedu writes that Sierra Leone has appointed alumnus David Sengeh to serve as the country’s first Chief Innovation Officer. In this new position, reports Asiedu, Sengeh will be focused on jumpstarting Sierra Leone’s “economy by elevating the role of innovation in its day to day dealings.”
MIT spinout Ginkgo Bioworks is highlighted on the 2018 CNBC Disruptor 50 list, reports CNBC’s Andrew Zaleski. Zaleski notes that Ginkgo Bioworks, “has developed an automated process for combining genetic parts that has made it the largest designer of printed DNA in the world. That breakthrough has positioned the start-up to change the face of a variety of industries.”
Seb Murray writes for the Financial Times about the increasing importance of business plan competitions, like the MIT Launch competition. Prof. Bill Aulet, managing director of the Martin Trust Center for MIT Entrepreneurship, stresses that winning a competition doesn’t guarantee success if winners “self-delude themselves into thinking they no longer need to evolve their business plans.”
Canadian prime minister Justin Trudeau stressed the importance of investing in artificial intelligence at the MIT Solve conference, reports the Associated Press. Trudeau noted that “leaders also have a responsibility to shape the rules and principles to guide the development of artificial intelligence.”
During remarks at the MIT Solve conference, Canada’s prime minister Justin Trudeau highlighted his country’s role in the future of AI. Trudeau believes Canada’s scientific accomplishments and cultural diversity will “ensure that AI systems will be programmed by teams with a broader understanding of human needs,” writes Hiawatha Bray for The Boston Globe.
The Boston Globe’s Scott Kirsner discusses the impact of Cambridge biotech company Biogen, cofounded by Prof. Phil Sharp, which celebrates its 40th anniversary this year. “The company has become the biggest oak tree of the Massachusetts biotech sector,” writes Kirsner, “not only because it is still standing after four decades, but because it has dropped a lot of acorns.”
The Broad Institute of MIT and Harvard is developing a Drug Repurposing Hub, which looks to “acquire samples of every drug ever developed to see if they can be used to treat diseases besides those for which they were intended,” writes Jonathan Saltzman for The Boston Globe.
Canadian Prime Minister Justin Trudeau will visit MIT this Friday “to headline the annual meeting of the school's Solve initiative,” reports the Associated Press. Trudeau’s appearance at Solve, which “connects tech entrepreneurs with leaders in government, business and academia to tackle world problems,” will mark his first visit to Cambridge since becoming prime minister.
In a commentary on CNBC, graduate student J. Daniel Kim and a co-author describe research with Prof. Pierre Azoulay and the U.S. Census Bureau on the average age of successful entrepreneurs. By working with the U.S. Census Bureau, they were able “to examine all businesses launched in the U.S. between 2007 and 2014, encompassing 2.7 million founders.”
New research from Sloan finds that entrepreneurs in their 40s are more successful than those in their 20s, writes Amy Wilkinson for The Wall Street Journal. The researchers also show that older company founders “were 125% more successful if they were previously employed in the particular sector in which they were starting a new business,” explains Wilkinson.