But for those of us working in the field of global health, innovation is the driving force behind transformational change that can propel the most promising solutions to the world’s relentless health challenges.
Gang Chen’s thermoelectric devices turn waste heat into electricity for vehicles and other machines.
It’s estimated that more than half of U.S. energy — from vehicles and heavy equipment, for instance — is wasted as heat. Mostly, this waste heat simply escapes into the air. But that’s beginning to change, thanks to thermoelectric innovators such as MIT’s Gang Chen.Increases in gross domestic product, falls in joblessness and upticks in new housing starts are of course good and welcome, but taken alone these indicators offer us little insight into how the U.S. economy will be doing in five or ten years’ time.
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It is a problem that undermines the functioning of the free market and hinders economic development where it is most needed, says Leslie Benton, vice president of advocacy and stakeholder engagement at the Center for Responsible Enterprise and Trade (CREATe.org).
After leaving Geometric, the employee was caught trying to sell the software code to SolidWorks’ competitors. Because Indian law does not recognize the misappropriation of trade secrets, it was not possible to sue the individual. Since the source code belonged to SolidWorks — not Geometric — he technically had not stolen from his employer.