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Feb 03, 16

Specifically, for business and other liberal-arts majors, the prestige of the school has a major impact on future earnings expectations. But for fields like science, technology, engineering and math, it largely doesn’t matter whether students go to a prestigious, expensive school or a low-priced one—expected earnings turn out the same. So, families may be wasting money by chasing an expensive diploma in those fields.

Feb 03, 16

The Innovation at 50x presentation gives corporate rebels the roadmap, common language, and lean tools to develop a Lean innovation strategy, but Rebels@Work gives them the tools to be a positive force for leading change from within.
After I read it I bought 10 copies for Richard and his team.
Lessons Learned
In a startup we are by definition all born as rebels
While startups are not smaller versions of large companies, companies are very much not larger versions of startups
Canonical startup advice fails when applied in large companies
The Three Horizons offer a way to describe innovation strategy across a company/agency
Lean Innovation Management allows startup speed inside of companies
However:
Horizon 1 managers run the company and are not rebels
Horizon 3 ideas might have to be couched in Horizon 1 and 2 language
Rebels@Work offers practical advice on how to move corporate innovation forward

Feb 03, 16

Lessons Learned
Most companies and agencies have their own John Houbolts. But most never get heard. Therefore, “Blank’s rules for an innovation task force”:
1/3 insiders who know the processes and politics
half of those who would provide top cover to non-standard solutions
1/3 outsiders who represent “brand-name wisdom”
They provide cover and historical context
1/6 crazy insiders – the rebels at work
They’ve been trying to be heard
Poll senior and mid-level managers and have them nominate their most innovative/creative rebels
(Be sure they read this before they come to the meeting.)
1/6 crazy outsiders
They’ve had new, unique insights in the last two years
They’re in sync with the crazy insiders and can provide the insiders with “cover”

Feb 02, 16

"The limit on sweat equity for startups could be raised to 50% from 25% of paid up capital, improving the incentives for innovators and giving a boost to the Startup India initiative.

A committee set up by the government to review issues arising out of implementation of the Companies Act, 2013 has suggested changes to improve ease of doing business, encourage startups and harmonise various laws.

The committee in its report has suggested that the government may also allow issuance of ESOPs to promoters working as employees or whole time directors of startups, which would help promoters to gain from increase in future valuation."

Jan 18, 16

In view of this, both funds and the investors are subjected to tax compliance burden. So, the industry has been asking for full pass-through, like in the case of mutual funds and REITs (real estate investment trusts)," said a member of the panel, asking not to be identified since the report hasn't been made public.

The committee proposed the introduction of STT at an appropriate rate on all distributions (gross) of AIFs, investments, short-term gains and other income and elimination of any withholding of tax. After STT, income from AIFs should be tax-free to investors, the panel said.

Jan 16, 16

"MATTER is a community of healthcare entrepreneurs and industry leaders working together in a shared space to individually and collectively fuel the future of healthcare innovation."

Jan 16, 16

Accelerating the commercialisation of synthetic biology
SynbiCITE is a pioneering Innovation and Knowledge Centre (IKC) dedicated to promoting the adoption and use of synthetic biology by industry.

Jan 15, 16

VC firms such as Unicorn India Ventures, Endiya Partners, Altius Ventures, Parampara Capital and Venture Catalysts are tapping the domestic capital pool to collectively raise almost Rs.650 crore.

Jan 14, 16

"In 1995 Lemelson convened a group of higher education faculty and administrators at Hampshire College in Amherst, Massachusetts to discuss how to make his vision a reality. In the meeting, Lemelson described an organization that would support educators in implementing a hands-on, experiential approach to learning while at the same time helping students develop new products and boost them toward commercialization.

VentureWell (originally called the National Collegiate Inventors and Innovators Alliance, or NCIIA) was created out of this meeting. VentureWell began offering grants to faculty to start programs in technology entrepreneurship, particularly ones that focused on the development of E-Teams—groups of students, faculty and advisors working to commercialize a novel idea. VentureWell then funded the best E-Teams coming out of those courses and programs, helping them bring their inventions to market.

VentureWell has grown rapidly to include a membership of nearly 200 colleges and universities from across the U.S., engaging thousands of undergraduate and graduate student entrepreneurs each year. We are proud to be the leader in funding, training, coaching and early investment that brings student innovations to the world."

Jan 14, 16

by consolidating his work into intense and uninterrupted pulses, he’s leveraging the following law of productivity: High-Quality Work Produced = (Time Spent) x (Intensity of Focus).

If you believe this formula, then Grant’s habits make sense: By maximizing his intensity when he works, he maximizes the results he produces per unit of time spent working.

This is not the first time I’ve encountered this formulaic conception of productivity. It first came to my attention when I was researching my second book, How to Become a Straight-A Student, many years earlier. During that research process, I interviewed around 50 ultra-high-​scoring college undergraduates from some of the country’s most competitive schools. Something I noticed in these interviews is that the very best students often studied less than the group of students right below them on the GPA rankings. One of the explanations for this phenomenon turned out to be the formula detailed earlier: The best students understood the role intensity plays in productivity and therefore went out of their way to maximize their concentration — radically reducing the time required to prepare for tests or write papers, without diminishing the quality of their results.

Jan 13, 16

"If you are independent for tax purposes, you may gain resident status if you establish domicile in the state. If your parent(s) claim you as a dependent on their federal income tax return, they must establish domicile in the state for you to claim residency.

To establish domicile, you or your parent(s) must meet the following criteria:

Live in Texas for 12 consecutive months; and
Establish and maintain domicile for 12 consecutive months, as evidenced by:

Gainful employment in Texas;
Note: Student jobs do not qualify as gainful employment.
Sole or joint marital ownership of residential real property in Texas by the person seeking to enroll or the dependent’s parent, having established and maintained a domicile at the residence;
Ownership and operation of a business in Texas; or
Marriage for one year to a person who has established domicile in Texas."

Jan 13, 16

Hours and Tour Times
The Visitor Center is open Monday through Friday, 8 a.m. to 5 p.m., and Saturday, 9 a.m. to noon. 

Tours for the general public take place most Mondays and Fridays at 3 p.m. and Saturdays at 10 a.m.

Register for a tour.
Prospective undergraduate student? See available tour times and register your campus visit with the Office of Admissions. 

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