Tuesday, December 2, 2014

Latest From Science, Technology & Medicine [12.02.14]

General Electric

"General Electric ... The manufacturing giant founded by Thomas Edison in 1892

emerging-market economies will need new houses, bridges, roads, airports and all types of consumer goods in unprecedented quantities.

future economic growth may well be centered on making things

GE is trying to copy some of Silicon Valley’s methods.

The company has set up a “growth board” that operates like an internal venture-capital firm, vetting new ideas presented by employees and then dishing out a bit of time and capital to explore them.

The firm is also sourcing new ideas from the crowd.

the number of respondents bringing production back from China to the U.S. had risen 20% in the past year.

GE’s new hub in San Ramon, Calif., which was launched more than two years ago to explore the burgeoning “Internet of things” has gone from zero employees to more than 1,000.

new technologies like 3-D printing that let startups achieve more speed and scale."

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