2017 - The Next Silicon Valley

MIT innovation challenge awards $1m to organizations helping workers’ economic prospects

Posted on October 16, 2017 by Nitin Dahad |

The MIT Initiative on the Digital Economy has awarded over US$1 million in prize money in its second annual MIT Inclusive Innovation Challenge (IIC) in recognition and celebration of for-profit…

Alibaba to open seven research labs globally to develop new technologies for itself and partners

Posted on October 16, 2017 by Nitin Dahad |

The Alibaba Group is to establish seven new research centers around the world to focus on developing new technologies. Called the Alibaba DAMO Academy (academy for discovery, adventure, momentum and…

Farm automation project harvests first barley crop with autonomous vehicles and drones

Posted on October 16, 2017 by Nitin Dahad |

A farm automation project in the UK has successfully harvested its first barley crop using only autonomous vehicles and drones. The output was 4.5 tonnes, which will now be used…

British government report makes 18 recommendations on growing UK artificial intelligence sector

Posted on October 16, 2017 by Nitin Dahad |

Increased use of artificial intelligence (AI) can bring major social and economic benefits to the UK, says a new British government report. It makes 18 recommendations on increasing ease of…

Brazilian IoT national plan prioritizes funding for health, farming, manufacturing and smart cities

Posted on October 16, 2017 by Nitin Dahad |

The Brazilian Development Bank (BNDES) and the Ministry of Science, Technology, Innovation, and Communications (MCTIC) has launched the results of its study ‘Internet of things: an action plan for Brazil’,…

Global collaboration for cybersecurity innovation to tackle security challenges in interconnected digital economy

Posted on October 16, 2017 by Nitin Dahad |

A new global collaborative effort between 14 organizations addressing cybersecurity challenges has been formed, with its inaugural meeting at the recent 3rd European Cybersecurity Forum – CYBERSEC 2017 in Krakow,…

Research: impact of technology based economic development on high-tech job growth

Posted on October 8, 2017 by Nitin Dahad |

Entrepreneurial policies promote high-technology job growth in regional contexts where there is already considerable high-tech employment, while two policies – SBIR and technology deployment policies – have direct, additive effects…

Inward-looking western countries offer India opportunity to lead the world

Posted on October 8, 2017 by Nitin Dahad |

As many of the powerful countries of the western world talk about raising trade barriers, India needs to speak out more forcefully in favor of open economies and societies, says…

Emerging markets startup accelerators are making an impact

Posted on October 6, 2017 by Nitin Dahad |

A recent article in the Harvard Business Review suggested that startup accelerators have become more popular in emerging markets, and they’re working. This is based on a report published in…

Boston tops index of US cities most likely to benefit from smart city technology

Posted on October 6, 2017 by Nitin Dahad |

A new list reveals which US cities are most ready to benefit from smart city technologies. The Smart City Benefits index claims to be the first comprehensive study designed to…