Word: biotech
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...ivory-tower ingenue. "Energy," he says, "is all about money." He cut his teeth in the entrepreneurial culture of Bell Labs and spent the rest of his career around Silicon Valley; he's served on the boards of a battery company, a semiconductor firm and two biotech start-ups. In his last job, he shook up the bureaucracy of DOE's Lawrence Berkeley National Laboratory (LBNL) to tackle real-world energy problems, while becoming a leading expert on energy innovation. "He's brilliant, and he understands the full breadth of the energy portfolio," says Ralph Cavanagh, co-director...
...Similar efforts are being made across the island. In Kaohsiung, the government in 2008 opened a software park to spur tech start-ups alongside the city's traditional export factories. Nationally, Ma's administration has targeted six "flagship" industries for investment and development: biotech, health care, high-end agriculture, tourism, green energy, and creative and cultural businesses such as traditional arts and pop music. The government intends to support these sectors by providing financing, improving the capabilities of state research institutes and other measures. "We are keenly aware these industries in five to 10 years will be the major industries...
Stem-cell science is a fast-moving field. Just three years since a Japanese researcher first reprogrammed ordinary skin cells into stem cells without the use of embryos, scientists at a Massachusetts biotech company have repeated the feat, only this time with a new method that creates the first stem cells safe enough for human use. The achievement brings the potentially lifesaving technology one step closer to real treatments for disease...
Celebrities, gay-marriage bans and fear of divorce are helping fuel the rise in unwedded bliss. "We love each other far, far too much to ever actually get married," says Raymond McCauley, 43, a biotech engineer in Mountain View, Calif., who has twin 2-year-olds with his partner of five years, Kristina Hathaway. His opposition to marriage is political, in solidarity with gays who can't legally wed in most states, and personal - he and his partner both got divorced in their 20s, an experience that has led McCauley to liken marriage to food poisoning: "You don't want...
...local officials said they were not surprised that the economy of Massachusetts is contracting at a slower rate than the nation’s as a whole. Harvard economics Professor Kenneth S. Rogoff said that the state was less hard hit by the recession due to the prevalence of biotech, healthcare, and education industries, which are more stable and resilient to the business cycle. But he added that there is still a “serious recession here.” City Councillor Sam Seidel said Cambridge has fared “pretty well” in the recession...