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SCIENCE DATA MEGA-OVERLOAD. “In the last five years, more scientific data has been generated than in the entire history of mankind,” says Winston Hide, associate professor of bioinformatics at HSPH. “You can imagine what’s going to happen in the next five.” And this data isn’t simply linear; genetics and proteomics, to name just two fields of study, generate high-dimensional data, which is fundamentally different in scale."" " http://lnkd.in/dqTPkTN View in LinkedIn

BIG DATA IN GENOMICS AND MEDICINE. "Genomics produces huge volumes of data; each human genome has 20,000-25,000 genes comprised of 3 million base pairs. This amounts to 100 gigabytes of data, equivalent to 102,400 photos. Sequencing multiple human genomes would quickly add up to hundreds of petabytes of data, and the data created by analysis of gene interactions multiplies those further." More than 2000 genes are linked with over 300 common human disease traits."" " http://lnkd.in/dNMe8Bq View in LinkedIn

RETAIL IS BIG DATA FOCUS NOW. "In Gartner's 2012 and 2013 studies, business cases that improve process efficiency and business cases around customer experience dominate big data wish lists. In the 2013 survey, 55 percent of organizations said that they are currently addressing enhanced customer experience using big data, while 49 percent are using big data to address process efficiency."" " http://lnkd.in/dcF5Rvc View in LinkedIn

2013 = BIG DATA INFANCY. "Gartner Survey Reveals That 64 Percent of Organizations Have Invested or Plan to Invest in Big Data in 2013, 2013 is the year of experimentation and Adoption is still at the early stages with less than eight percent deployed". The Gartner survey of 720 Members worldwide and was conducted in June 2013)." " http://lnkd.in/dcF5Rvc View in LinkedIn

SOURCES OF BIG DATA INFOGRAPHIC. " " http://lnkd.in/duapu2X View in LinkedIn

PATENT THICKETS. " In a patent thicket, the existence of many overlapping patent claims can cause uncertainty about freedom to operate, impose multiple layers of transaction costs and stack royalty payments beyond levels that can be supported by the value of single innovations. By blocking pathways to market and dampening investor interest in commercialization, a patent thicket has the potential to slow and skew the overall development of new technical applications."" " http://www.nature.com/nbt/journal/v25/n4/full/nbt0407-419.html View in LinkedIn

GIANT UNIVERSITY IP LICENSING REVENUES. "(2012) U.S. universities, hospitals and research institutions... generated a combined $36.8 billion in net product sales from their licensed techologies."" " http://www.innovation-asset.com/intellectual-property-news/index.php/2013/08/13/239578/autm-previews-economic-impact-of-technology-transfer/ View in LinkedIn

TRANSLATIONAL SCIENCE. In grad school, my Professor could not be persuaded to stop accepting small fees from industry, and instead fund his lab by setting up a private company. It was seen as dirty. Five years later, he was on five boards and had got the message loud and clear. Translational medicine is about moving concepts to patients. Translational science is about putting great ideas to work to solve big societal problems. Academic-industry partnerships have time and again spawned new industries, jobs, innovation, and wealth. View in LinkedIn

MIT SPINOFFS -- A POSTER CHILD for massive contribution to society: "It was generally known that research and technology-intensive universities have an important effect on the economy: 25,000+ Active Companies Founded by MIT Alumni and Faculty, 1865–present; data boosts the numbers to 25,800 currently active companies founded by MIT alumni that employ about 3.3 million people and generate annual world revenues of $2 trillion, producing the equivalent of the 11th-largest economy in the world."" " http://museum.mit.edu/150/80 View in LinkedIn

MIT: ACADEMIA-INDUSTRY PARTNERSHIPS, a model example. “The founding principle in 1861, when M.I.T. was created, was to provide and support the industrialization of America. I always say we were founded on the principle of tech transfer,” says Susan Hockfield, who served as M.I.T.’s president from December 2004 until June of this year."" " http://www.nytimes.com/2012/11/25/business/mit-lab-hatches-ideas-and-companies-by-the-dozens.html?pagewanted=2&_r=0 View in LinkedIn