“General Motors and the University of Michigan have formed the GM/U-M Institute of Automotive Research and Education, with a strategic focus on reinventing the automobile and developing the next generation of high-efficiency vehicles powered by diverse energy sources.”
And today, I’m also announcing that for the first time, we are funding an initiative — recommended by this organization — called the Advanced Research Projects Agency for Energy, or ARPA-E. (Applause.)
This is based, not surprisingly, on DARPA, the Defense Advanced Research Projects Agency, which was created during the Eisenhower administration in response to Sputnik. It has been charged throughout its history with conducting high-risk, high-reward research. And the precursor to the Internet, known as ARPANET, stealth technology, the Global Positioning System all owe a debt to the work of DARPA.
Cash-Strapped State Schools Being Forced to Privatize - TIME
TIME article published today.
Re: unmanageable tuition increases does not mesh well with attracting and retaining a well-educated work force (below)
“Talent concentration trumps everything,” he said. “If everything else we’re doing at the state and regional level that we call economic growth or economic development works fabulously well, and we do not increase talent concentrations, we will get poorer.”
But how does a state with its main industry in a free fall and with the nation’s worst unemployment, currently 12.6 percent, lure good talent?
Georgia Tech — National Council of Entrepreneurial Tech Transfer
Regarding: Georgia Tech VentureLab (http://www.venturelab.gatech.edu)
When does U-M start working on something like this? Need more communication between Tech Transfer, CoE Center for Entrepreneurship, Zell-Lurie Institute
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Q (1min56sec): You talk about management and said it is essentally the secret to the chains success. Talk about the management strategy at In-n-Out.
A: The management strategy is based on something called people management. From the beginning the Snyder’s were very interested in taking care of their people…who in fact very early on they insisted on calling associates were very much a part of their success so they took care of them and saw them as an integral part of the business rather than a commodity that can be turned in and out.
In-N-Out Burger: A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules (Amazon) by Stacy Perman
Business Week Article: In-N-Out Burger: Professionalizing Fast-Food