Word: smarts
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Dates: during 2000-2009
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Dennis, 61, is kind enough to tip his hand about what makes him so damn smart. He is not alone in that regard. How to Get Rich, a No. 1 best seller in the U.K., is the latest entry into the burgeoning entrepreneurial tell-all-book sweepstakes. Books in Print reports that the supply of titles written by entrepreneurs or about entrepreneurship has grown more than 60% since 2002, to more than...
...same could be said of the $63 million push by the European Commission (E.C.) to develop so-called smart fabrics and interactive textiles. Though the technology was pioneered in the U.S., the Europeans have taken the reins in a bid to revitalize their traditional-textile industry, which has been hammered by Asian competition. "We want to develop state-of-the-art know-how that can't be found in Asia," says Andreas Lymberis, a scientific officer with the E.C. who has championed smart textiles. "Our purpose is to create a new market...
...world market for smart textiles is still small--about $550 million in revenue in 2008--but that could double by 2010, according to Massachusetts-based Venture Development Corp. The challenge is to fit applications to the market, says Lutz Walter, R&D manager at Euratex, a group representing the $326 billion European clothing-and-textile industry. "In the medical field, there's high value added. But to be approved as devices takes 10 years," says Walter. "In other areas, it's price: How much are consumers going to be willing to pay for a smart jogging shirt...
...Spaulding Rehabilitation Hospital in Boston, researchers are testing a glove made by Smartex, an Italian smart-materials company, that tracks motor functions in poststroke patients. "We've been looking a lot into European groups for wearable tech," says Paolo Bonato, a professor at Harvard Medical School and the director of the Motion Analysis Laboratory at Spaulding. Bonato estimates that fabric-based wearable systems will be commercially viable in two to five years. "The clinical need is there," he says...
...hard--and personally--but he appreciated the Senator's gracious tone. Clinton has begun to emerge from his combative crouch, but with a travel-packed schedule and the Clinton Global Initiative Annual Meeting looming in September, he may best serve the campaign by example. Obama has already copied some smart tactical moves from Clinton's 1992 bid. After securing the nomination, he made symbolic statements to defuse cultural and defense issues that have been Democratic liabilities in the past--just as Clinton did. On welfare reform, capital punishment, faith and national security, Obama has taken positions intended to match...