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Higher education, science groups release video supporting boost in federal research spending

WASHINGTON - A group of science, higher education and business organizations concerned about cuts in federal research dollars are hoping a new video focusing on what it describes as the "innovation deficit" will go viral. The video put together by a team at Colorado State University features quickly drawn images and text. It says there's a widening gap on what is spent on research and what should be. The video urges viewers to "tell your member of Congress to close the innovation deficit by supporting strong funding for research and education."

Park lays out 3-year economic innovation plan

SEOUL, Jan. 6 (Yonhap) -- The second year of President Park Geun-hye's government will focus on laying the groundwork for innovation and improvement of the overall economic conditions that can be palpable to the people. To that end, President Park said during a news conference marking the new year that she will launch and successfully carry out the so-called three-year economic innovation plan this year and open the "era of people's happiness."

Park lays out 3-year economic innovation plan

SEOUL, Jan. 6 (Yonhap) -- The second year of President Park Geun-hye's government will focus on laying the groundwork for innovation and improvement of the overall economic conditions that can be palpable to the people. To that end, President Park said during a news conference marking the new year that she will launch and successfully carry out the so-called three-year economic innovation plan this year and open the "era of people's happiness."

Interview: Innovation vital to Chinese economy amid global slowdown: Israeli fund

Interview: Innovation vital to Chinese economy amid global slowdown: Israeli fund by Xinhua writer Yang Zhiwang JERUSALEM, Nov. 29 (Xinhua) -- China's continued efforts to promote innovation in technology, finance and other fields are key to sustaining robust economic growth amid a global slowdown, Avishai Silvershatz, managing partner of Israel's investment giant Infinity private equity fund, tells Xinhua in a recent interview.

Industry Canada wants to tap basement inventors for new consumer products

OTTAWA - The federal government wants to tap the skills of obscure basement inventors and turn their tinkering into innovative consumer products. A new survey for Industry Canada has found that almost 13 per cent of Canadians are so-called "private innovators," who have improved on consumer goods or created new products in the last three years. Recent research in the United States and elsewhere has found similar numbers of ordinary basement tinkerers, regarded by some as a talent pool that consumer-products firms need to harness to find fresh profits.
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