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Wearable Technology in Healthcare

Tom Spencer

Based on a recent study by Global Industry Analysts , the global market for wearable medical devices is projected to eclipse $4.5 1 In the United States, the predominant market in this space, it is estimated that roughly 20% of Americans currently own a wearable fitness device. billion by 2020. billion by 2020. Potential Benefits.

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How the Geography of Startups and Innovation Is Changing

Harvard Business

We’re used to thinking of high-tech innovation and startups as generated and clustered predominantly in fertile U.S. But as with so many aspects of American economic ingenuity, high-tech startups have now truly gone global. Jakal Pan/Getty Images. ecosystems, such as Silicon Valley, Seattle, and New York. A number of U.S.

Talent 28
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Future of Healthcare: Virtual and Augmented Reality

Tom Spencer

Currently engineers, physicians, other healthcare providers, and educators are working to create innovative ways to apply these immersive technologies in order to transform clinical teaching and practice. As far-fetched as these scenarios may seem, they are closer to reality than you might think. Medical Student and Resident Training.

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When Companies Want to Innovate, But Investors Won’t Let Them

Harvard Business

Businesses understand the power of digital innovations to reshape industries and markets. Yet, time and again, they have struggled to innovate with new and disruptive technologies. Investors affect innovation investments. Simon McGill/Getty Images. In theory, investor incentives align with what is good for the firm.

Company 37
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The Worldwide Race for AI: Will the U.S. Continue to Lead in 2018?

Tom Spencer

Russian President Vladimir Putin said to Russian students in late 2017 that whoever becomes the leader in artificial intelligence will control the world. and export them to other countries [pdf]; this has created a greater market for foreign competitors. The rise of AI has been compared to the Cold War space race. Race for AI.

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What Big Consumer Brands Can Do to Compete in a Digital Economy

Harvard Business

A recent report by the consultancy BCG documented a general decline in sales among consumer packaged goods (CPG) companies in the United States during 2017, with mid-sized and large companies losing market share and small companies increasing theirs. Penney, and Barnes & Noble. Price competition hurts.

Retail 40
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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. Innovation at GE was on a roll. In June 2017 the board “retired” Immelt and promoted John Flannery to CEO. Are lean innovation and the startup way a failure in large companies?