Contribution From Universities for Open Innovation

University and Industry collaboration has had a positive impact on technology and scientific studies over the years. With an increasing number of businesses relying on ‘open innovation’, the importance of this collaboration is only increasing.

The a mobile manufacturing Research Centre actively engages in open innovation through strategic academic partnerships with leading institutions like MIT, Stanford, and University of California etc. The company believes in deriving value and leveraging ideas by exploring each other’s expertise and sharing resources. Similarly International business machine, through its Open Collaboration Research Programme (OCR), continues to build strong university partnerships to create smarter solutions that are publicly shared.

Recently, a collaboration between Aachen University, Germany and 10 companies along with contributions from 50 auto-parts supplier led to the creation of the Street Scooter, a $7,000 modular electric vehicle. This innovative product can run at top speed of 74 mph with an 80-mile range, using leased batteries. It’s already creating a buzz in the automotive industry as the shipping and logistics giants ordered 3,500 units of this commercial product to leverage its cost-saving benefits! Raven II, a surgical robot developed by University of Washington and UC Santa Cruz is another fine example of ‘open-source’ university-industry collaboration. It will be used by some of the most advanced medical research labs at Harvard University, John Hopkins University etc. to enable new surgical procedures. These are just a few examples that showcase the importance of university-industry collaboration, which continues to revolutionize technology across the world.

Engaging with Universities for Effective Collaboration

While companies are increasingly realizing the value of university contribution to research and innovation, they find it rather difficult to attract the best resources. According to Walter Frick, an associate editor at the Harvard Business Review, companies would have to give up more control over their projects in order to attract and motivate the most productive contributors. Recent research at Duke and London School of Economics showed that by crediting contributors publicly, a company stands better chances at receiving university collaboration. Also, the findings indicate that financial or professional incentives were less of a factor than the value-addition that the project would bring to the community. Hence, companies need to find the right motivators to bring external sources of innovation on board 1.

However, challenges such as ownership of Intellectual Property, time-sensitivity of a project and other issues often hinder an effective collaboration between industries and universities. So, how does one strike the perfect balance between attracting potential contributors and deriving business value from the innovation process?

Productive Partnerships for Open Innovation

CEOs must realize that universities are no longer passive about commercializing their technical expertise and research capabilities. They actively file patents and are responsible for breakthrough innovations in various fields. Today, universities receive billions of dollars in government or company research sponsorships and grants. With cutting-edge facilities and specialized skills available in universities, companies need to foster mutually beneficial collaboration. Whether it’s developing a new product or a software application, companies need to be more forthcoming …

The Role of Skill Development and Higher Education in Economic Growth

For shaping the future of state, government is promoting skill development centers and higher education centers. Some major expansion has been done by state government in the field of higher education. Engineering colleges have become the prime center for nurturing talent. Top engineering colleges are busy in producing talented engineers year after year.

Role of Higher Education: Higher education plays a key role in the development of any country, state or region. The chance of economic growth of any state is as good as the pool of their skilled people. No plan of economic development can succeed without skilled people, as economic development depends a lot on the quality of resources they have.

When it comes to higher education shaping the economic development in any state, engineers play a key role. Since infrastructure development is a key thing for economic boost of the state; since, engineers become vital as they play key role in the construction of roads, bridges, hospitals, schools, railway tracks and many other things.

Higher education also helps in shaping the future of people as skilled people not only get good employment opportunities they also create employment for other as well. Skill development program has helped people to become self-reliant and financially independent.

Roles of Higher Education Institutions: Role of educational institution has changed a lot over the years, unlike the earlier years where most colleges and universities focused on traditional courses, nowadays these higher education institutions offer different programs which not only help them develop certain skill sets but Also these programs are designed according to the need of corporate sector, the aim is to groom youngsters in such a way that they become industry ready.

For years Indian educational system was considered as a system which could only produce clerks and it has changed a lot. Nowadays engineering and management has become the preferred choice of the youngsters. Higher education institutions also focusing in developing more entrepreneurs these days in this way they help state government to resolve the issue of unemployment. Skilled people create their own employment rather than someone who holds a degree and wait for someone else to provide him or herself employment.

The number of educational institutions is growing every year with private institutions and universities making their impact as well. With growing demand of quality engineers and management graduations number of institution and universities has started mushrooming. One needs to be very careful while selecting from engineering colleges. …

How Data Science Is Changing the World

Our Life and Data Science

When one buys or looks for something on Amazon and Flipkart, the site remembers one of preferences and provides him related suggestions next time one visits the site. How are companies being able to do that? The answer is: Data Science. Companies are storing our data and using them to understand how to improve their products according to our needs and also how to increase customers' engagement with them. The reason why this system is working so well is because today more and more people are coming online and leaving footprints on the internet, which the companies can exploit to make correct predictions.

Visible Examples of Uses of Data Science

  • Search Results: Search Engines like Google predict what we want to search before we can even complete the word, and this is because they have millions of related search keywords already stored in their databases.
  • Digital Advertisements: Ads on Internet are not random unlike the traditional ads on TV and newspapers. The companies collect separate data about each and every user and show only the relevant ads.
  • Recommendations: E-commerce sites like Amazon and online entertainment sites like Netflix are using it to recommend new products and movies based on users' past experiences.
  • Image and Speech Recognition: As artificial intelligence and machine learning are getting better, image and speech recognition tools are getting more advanced and accurate.

Which Industries Are Using Data Science?

Almost every industry is generating a huge amount of data and has moved from knowledge-driven approach to data-driven approach in order to solve problems and produce better results. Some notable industries are as follows:

  • Information Technology: This is the most obvious industry, which Data Science has become the backbone of. From suggesting friends on Facebook to suggesting videos on YouTube, from recommending movies on Netflix to filtering products on Amazon, and from enhancing user experience on Uber to providing real-time tracking on Dominos, Data Science is being used in every aspect.
  • Aviation and Logistics: Airlines are using it to predict weather condition and possible delays and to keep the passengers informed accordingly, while logistics companies like FedEx can discover best routes and best modes of transport to increase cost efficiency.
  • Human Resources: With the help of Data Science, companies find it easy to predict employee attrition and figure out ways to increase their productivity.
  • Medical Science: In Bioinformatics, Data Science along with Genome data is helping researchers and doctors to analyze genetic structures and understand how particular drugs can act on diseases.
  • Astrophysics: In Space Sciences too, it is being used to create large astronomical datasets.
  • Banking and Finances: It helps banks in giving better customer service, fraud detection, customers profiling and forecasting the economic conditions.

Scope of Data Science

It has emerged as the most exciting career of the present era. There are a large number of vacancies, the saloons are high, prospect of career growth are promising, and the work is exciting. Organizations like Glassdoor and Harvard University have even listed …

Benefits of Internship

Internships may account to a number of reasons. It may be applied for by students from all levels who are seeking experiences in a specific field or work, or for people taking the opportunity to acquire the much needed experience in the world of business without actually having to work on a full time basis. Intern students are usually hired as replacements and they usually work for lower pay than if they work as a full-time employee. A person who wants a change in his or her career also takes up an internship. Internships offer a lot of learning, education, and experience on a certain field that you can add up on your resume.

An internship is categorized to various types. There are institutions who offer full paid internships while others are only paying partially and some are not paying at all. It depends on the field you’re going to apply for internship. So if you’re looking for a paid internship you might need to know that factor first. A good choice will be in science and technology for internships are often paid in this field. Internships which are paid partially gets their remuneration in the form of an allowance which is not an amount of money for an hour wage basis or a yearly salary, it is given only once before or after the term of the internship. Unpaid or volunteer internships are as valuable the paid and partially paid ones, don’t hesitate to put them also in your resume to higher the chances of getting hired for a job.

Deciding the kind of internship you want to have is entirely up to you, although some internships have certain requirements that should be met by the applicants. You might want to take up an internship but the internship can’t make you a qualified applicant because of the certain requirements you cannot give. Working on a full-time internship has better benefits than you working on part-time one, though it may vary from the kind of internship you have. Full-time internships are paid most of the time and they give you first-hand experiences of what life is really like on the field. Working as a part-time internship only becomes beneficial when you are not getting paid, it gives you an opportunity to find a job that will. The other job will become your major source of income while the other one will be for future use. Internship to a student is like a taste of what it feels like to work in the real world, giving them an idea of what kind of job to look for when they’ve finish up school.

Internship programs are usually offered by colleges and universities. You can also find government-sponsored internships in America and in Canada. The commonly used type of internship youth internship programs. But they have a requirement for a specific age that requires the applicant to be between the ages of 18 to 30 years old. There are also international and private-sector …

Grading President Obama’s Job Speech – What He Said Vs. What He Should Have Said

Last week the nation tuned into President’s Obama’s much hyped job creation speech to see if there would be any worthy ideas to try and break the constant high unemployment rate int he country. Would he be bold and innovative or would it be the same basic, tired political tactics that have been tried and have usually failed to live up to expectations?

The following discussion will compare what the President should have said and what he actually said. Unfortunately, the bottom line is that from a boldness, innovation, and courage perspective, the President came up well short of the goal line.

1) Infrastructure

As expected, the President did state that he wanted money and funding for infrastructure jobs to fix roads, bridges, dams, schools, etc. that were in need of repair, something many Americans expected and were supportive of. However, the President’s proposal came up short in two areas.

First, infrastructure spending and work done via the economic stimulus bill was woefully inefficient. According to various Associated Press investigations, thousands and thousands of government contracts were granted without competitive bidding. Half of the bridges that were repaired under the stimulus program were not in need of repairs. Powerful individual politicians in Congress snatched their share of the stimulus money and directed it to their voters regardless of whether of not the spending was actually fixing a real problem.

Millions of dollars from the stimulus plan were granted to companies that owed hundreds of millions of dollars in back taxes. No where in the President’s jobs speech do we get firm assurances that these atrocities have been recognized and will not happen again. He states that the money will be properly spent but we were promised that in the economic stimulus bill. The only way to insure that this potential pot of money is well spent is to give the decision on what projects are done to the states via a block grant of money, taking Congress out of the decision process altogether.

Second, the President does not show any detail on how to pay for this increment Federal spending. He says he will unveil a plan within a week or so. Thus, his performance on this topic is an incomplete. He gave no indication of specifics like reducing the Federal payroll back to 2008 levels, terminating unwanted and unneeded military projects such as the Osprey, terminating corporate welfare programs, ending agriculture subsidies, and directing high speed rail line funding to shorter term infrastructure needs.

Grade: Incomplete given the unnamed ways to fund this infrastructure spending that will be forth coming. However, worries about whether this will be another waste of money spent on things that do not need to be fixed, given the economic stimulus program, and the fact that the President has not taken Congress out of the decision making loop, continue to exist.

2) Obama Care

According to many credible opinion polls, the majority of Americans realize that Obama Care is an unfolding disaster. It will screw …

Statistics on Adults Returning to College

Due to the economy these days, and the huge number of newly graduated youngsters, the job market is a fierce competitive monster to be reckoned with. Many older, more experienced, adults are using a return to school to add extra armor to their resume in an attempt to come out on top. But the process of making that return can be a long arduous fight all on its own.

Most employees over 35 have disadvantages they must tote along with them through their returning education years. They have families to care for, financial instability due to unemployment, or they contend with their unsatisfying job that they must cling to for dear life until they are able to earn that certification that will allow them to advance onto something greater. Battling all of these added troubles can be tiresome, but if you want something better for yourself, you have to make sacrifices.

Now, it seems that many older adults are returning to college and deciding to make those sacrifices. Some find ways to squeeze schooling into their already hectic lifestyle by waking up before dawn to study, or attending weekend, or online classes. Some other adults returning to college will take on a full workload during the day and then attend classes afterward for some nighttime college schooling.

Student admissions over the age of 35 have climbed in numbers, especially in the last 10 years. Adults returning to college now make up almost 20% of enrollment these days, which is double what it used to be when they were the young 18-year-old demographic. These days two in every five college students are older than 25.

Online colleges have become the best ally to older adults who wish to progress in the competitive workforce. About 75% of colleges offer online courses in the U.S. alone. The University of Phoenix Online boasts 63,000 students attending already with numbers rising. Adults returning to college to finish a bachelor’s degree or earn some type of certification tend to gravitate towards these types of methods because it allows them to attend a class at home while watching over their children, or allot their time given for school in a more convenient way.

The numbers on adults returning to college is on the rise, and it doesn’t seem to be slowing down anytime soon. Soon, the income gap between college graduates and non-grads will grow even larger and education will be more important than ever.…

Top Law Schools

There is some debate as to which schools should compose the list of top law schools. There are a few schools that traditionally top the flags, but whether or not these universities are really worth the cost is quite debatable. For those wishing to pursue a legal career path, though, it is important to know what these rankings actually mean.

The Three Tiers of Law School

Universities that offer a legal education are traditionally grouped into three "tiers" of fifty. The best schools are in the Tier One, followed by those in Tier Two and Tier 3. Traditional wisdom states that the best jobs to go Tier One students, while those in Tier 3 will have the most trouble finding employment. The most competitive bracket is Tier 2, with a number of public universities vying for prestige with some of the larger-name American private colleges.

What Are the Top Law Schools?

As one might expect, the Ivy League is exceptionally well represented in the annual ranking of top law schools. Harvard, Stanford and Yale are traditionally near the top of the list. Columbia, the University of Chicago, and Berkeley usually follow not far behind, with schools like Cornell Law School, Duke, and Georgetown typically bringing up the reminder of the pack. These schools tend to have the best faculty, the most active donors, and some of the most competitive acceptance rates. Whether or not these schools are worth the price, however, is worth questioning.

A Realistic Look

Realistically speaking, the annual report of top law schools is incredibly skewed. Certain schools will always be in the top ten, and certain schools will never rise above the second tier. The quality of education at the top-tier schools is not necessarily better than that in the lower tiers, but the names certainly carry a certain cache with employers. Unless you wish to chase the top one percent of jobs, though, the top ten to fifteen law schools may not be worth the price of admission.

The Top Schools for Your Needs

For the majority of law students, the highest education value can be found in the lower top tier through the second tier of law schools. Most of these schools are reasonably priced, have stellar faculty, and can help a student land a job. While they may not have the name appeal of a Harvard or Stanford, most schools in the second tier also cost only a fraction of those schools' overall price. If you wish to get a legal job in a given area, it is better to seek out a local school than to look at the annual rankings.

The list of the top law schools for one student may not be the same as that for another. The best law school will be one that is affordable for a student's income, yet can still offer a competitive advantage. There is rarely a point in pursuing an education at an incredibly expensive institution if a student is not aiming for …

Important Things You Can Learn From FDM Rapid Prototyping

Using additive processes 3D printing assists in the creation of three-dimensional objects. The object is created using the fused deposition modeling technique. In this technique, materials are laid down in successive layers until the object is created eventually. FDM rapid prototyping process was developed in the 1980s. It consists of layers of melted plastic laid down by extrusion nozzle. The computer aided software assists the whole process till the product is complete.

Applications in all aspects

Rapid prototyping helps in producing very beautiful and accurate objects. They can be used for a variety of purposes. It is a technology which has an impact on every aspect of our lives, from manufacturing, medicine, architecture, education and art. FDM uses the same thermoplastics found in manufacturing industries.

Benefits of rapid prototyping

Rapid prototyping is used for rapid manufacturing. It is a cheaper alternative. It helps in iterative testing. FDM rapid prototyping uses thermoplastics and polycarbonate among other materials. These materials are suited for their heat resistance properties. They are suitable for aviation and aerospace industries. They are also used in medical applications.

Medical industry

The specialists in the medical field have started to use 3D printing as part of advanced medical techniques. In the field of medical science, 3D printing is used to help in the saving of lives and overall improvement of health. The patients in different parts of the world are getting a feel of improved quality of health care. 3D printing has started to evolve in the field of medical science at a very fast pace. More and more hospitals and clinics all around the globe are making use of 3D printing for prosthetics development.

Aviation industries

The manufacturing sectors have started using 3D printing in the aviation and aerospace industries. 3D printing has been utilized by NASA on several occasions. NASA has printed using laser melting technology. Significant developments are achieved in this field through the use of this technology.

Automotive industry

The automotive industry had adopted 3D printing long time back. However, its use was restricted. It did not apply to high volume prototyping applications. Now, 3D printing is used in automotive industries a bit extensively. From a wide range of verification of design to building models for checking their finishing, it has extended to other functional aspects of the specified industry.

Industrial 3D printing

In the last few years, 3D printing has grown more popular. This technology has reached a broad customer base. Many people are yet to hear about the some of the benefits of 3D printing. Manufacturers were using these printers for traditional research processes. They have now started the use of 3D printers for these purposes. This is known as rapid prototyping.

Used in bioprinting

Layers of cells of living beings are put on a gel and three-dimensional structures are created by biotech firms. The use of 3D printing technology has started growing in this sector.

Bright future of 3D printers

Industry gurus all over the world have predicted that 3D printing will …

Why You Need a Career Mentor

Mentors are an important resource for success on the job. Finding one can be a task, positioning you to be selected as a mentee is another. Here are some helpful tips.

Mentoring used to be an informal and difficult process. Managers would identify potential success stories. You had to be likeable or someone who reminded the mentor of his or her early years. The golf course or a game of billiards would open opportunities to be groomed. Relationships would develop over cold beers. You guessed it, the "good old boy" network. If you did not hang out you were left out.

Companies today realize the organizational benefit of supporting and developing talent and are establishing formal mentor programs that ensure growth from the bottom to the top lasts from within. Will employees stay longer if they feel like they are being groomed for success? Are you the best option for a new opportunity if your career is being guided by manager, supervisor, coach, or a specialist?

Having a mentor allows access to information that may not otherwise be available to you. Mentors show you the ropes, they lend you a hand, and they provide insight into a world that continues to change as you navigate through it. Mentors provide quality information because more than likely they have made the same mistakes you are asking, so you benefit from the secret weapon. Think about your co-workers, everyone wants to get promoted all at the same time. You better believe if you have a strong mentor and you are following his or her advice you should have an edge. I have seen too many times one position opens and 3 employees want that new title. Read below for tips on why you need a career mentor.

Motivation – A good mentor has the rare ability to explain to you what you need to do and why, in a way that makes sense. An encounter with a mentor often becomes a turning point in your career or business.

Success – A mentor who shares their experience with you helps you to avoid mistakes that you would otherwise make. Achieving success faster and with less effort, would you consider that to be efficient and effective?

Honesty – A mentor is a person who is not emotionally involved in your situation, your friends, family, barber, or hairstylist love to give advice. These people either, do not know, are emotional involved, or tell you exactly what you want to here. A mentor's advice should be free and straight to the point.

Positive Attitude – When "Murphy's Law" kicks in to your life a good mentor knows you are bleeding internally, but they have a plan to get you patched up, in a step by step approach. Mentors always have a story to make you feel good and to give the necessary encouragement to move forward.

Improvement – Your mentor will expect some improve. You should expect to grow with knowledge. Mentors will advise homework, such as …

Thessaloniki Student Housing

A brief Thessaloniki student housing guide

Based on the Greek Ministry of Education, there are approximately 330.000 students at Greek public universities at any one time. Thessaloniki accounts for nearly 1/3 of the total number of students in Greece with an estimated 100.000 students (including those attending private colleges and other higher education establishments).

For a city of 800.000 people (city population 2011) this means a particularly high proportion of students, which is evident from the lively atmosphere and nightlife. The majority of the students are coming from other Greek cities, from Europe via exchange programs and from the Balkan countries in order to study at high quality private colleges. Estimating that on average a full-time student spends about 4 years in Thessaloniki (excluding exchange students), this means that there are approximately 25.000 new students in the city every year. And they all need a place to stay…

This article will provide a brief guide to the types of available student housing, the areas, prices, and things to be aware of regarding student accommodation in Thessaloniki.

1. Types of student accommodation

1a. University public dorms.

The University of Thessaloniki offers dorms to students, based on need and mainly on financial criteria. They are provided free of charge. In practice this means that it is pretty difficult to get a dorm room even if you are eligible to get one. The dorms are mostly located close to the university campus, but their quality is very low and maintenance is a big issue, along with issues about safety etc.

1b. University Student Hostels.

These are private properties (entire buildings) which are subleased by the University and are provided mainly to exchange students requiring accommodation for a few weeks or months. These are usually ERASMUS students. As of 2011 there are two student hostels, “Matsi Street 7” and “Kassandrou Street 134”, both very close to the university. They offer fully furnished “dorm-style” rooms with ensuite private bathroom and kitchenette (Kassandrou 134) single and double rooms, a laundry area and wireless internet access.

1c. Private hostels.

For students wishing to stay only a few days/weeks, these hostels are more appropriate and a better solution than a hotel. However, these are hard to find as private hostels that rent rooms/beds by the day/week are not legal in Greece unless they are Non-Profit Organizations.

1d. Private rental flats.

These are standalone flats (studio, 1 or 2 bedrooms) located all over the city that students can rent from private owners. You can usually find them through real estate agents (beware) or online ads. You will need to find the appropriate one to suit your needs. Most of them are unfurnished or partly furnished and are more suited to students who plan to stay in Thessaloniki for a few years (as you’d have to buy electrical appliances, fridge, cooker, etc).

When you move in you will need to enter into a contract with the electricity company DEI, the water and sewage company EYATH and the gas company for …