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		<title>Smoothing Out the Wind</title>
		<link>http://www.innovationtoronto.com/2010/03/smoothing-out-the-wind/</link>
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		<pubDate>Fri, 19 Mar 2010 14:15:12 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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A cunning plan to store energy underwater may help fulfil the  promise of wind power
THE problem with wind power is that is cannot always be relied upon.  The wind—and other transient, environmental energy sources such as  solar—must either be used when it is harvested or stored expensively in  batteries or specially [...]


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<h2><img src="http://media.economist.com/images/images-magazine/2010/12/TV/201012TVC001.jpg" alt="Wind Storage" width="595" height="265" /></h2>
<h2>A cunning plan to store energy underwater may help fulfil the  promise of wind power</h2>
<p>THE problem with wind power is that is cannot always be relied upon.  The wind—and other transient, environmental energy sources such as  solar—must either be used when it is harvested or stored expensively in  batteries or specially designed hydroelectric schemes that use the  resulting energy to pump water uphill. Alternatives would be extremely  welcome. <a title="  (opens in a new window) " href="http://meche.mit.edu/people/faculty/index.html?id=80" target="_blank">Alexander Slocum</a>, of the Massachusetts  Institute of Technology, thinks he has one. Observing that the fashion  among wind-power fans is to build turbines out at sea, where the wind  blows strongest, he proposes a pumped-storage system that uses seawater.</p>
<p>Dr Slocum’s scheme involves anchoring a hexagonal array of hollow,  31-metre-diameter concrete spheres to the ocean floor at a depth of  approximately 350 metres. Floating turbines would be tethered to these  spheres and surplus power from these turbines, generated during periods  of high wind and low electrical demand, would be used to pump water out  of the spheres, evacuating the central chamber. When the wind faltered  or the lights went back on, water forced into the central chamber by the  pressure of the surrounding ocean would pass through a turbine and  generate electricity. Each sphere would provide a five megawatt turbine  with four hours of storage capacity.</p>
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</script></div><p><a href="http://www.economist.com/science-technology/technology-monitor/displayStory.cfm?story_id=15709229" target="_blank">Read more . . .</a></p>
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		<title>Monitoring greenhouse gases</title>
		<link>http://www.innovationtoronto.com/2010/03/monitoring-greenhouse-gases/</link>
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		<pubDate>Mon, 08 Mar 2010 22:03:46 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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Image via Wikipedia



Highs and lows
You might think that measuring the levels of greenhouse gases in the  atmosphere would be a priority. If you did think that, though, you  would be wrong.
IN NEGOTIATIONS on nuclear weapons the preferred stance is “Trust but  verify”. In negotiations on climate change there seems little  opportunity [...]


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<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:Vostok-ice-core-petit.png"><img title="Graph of CO 2  (green), reconstructed temperat..." src="http://upload.wikimedia.org/wikipedia/commons/thumb/c/c2/Vostok-ice-core-petit.png/300px-Vostok-ice-core-petit.png" alt="Graph of CO 2  (green), reconstructed temperat..." width="300" height="221" /></a></dt>
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<h2>Highs and lows</h2>
<p>You might think that measuring the levels of greenhouse gases in the  atmosphere would be a priority. If you did think that, though, you  would be wrong.</p>
<p>IN NEGOTIATIONS on nuclear weapons the preferred stance is “Trust but  verify”. In negotiations on climate change there seems little  opportunity for either. Trust, as anyone who attended last year’s summit  in Copenhagen can attest, is in the shortest of supplies. So, too, is  verification.</p>
<p>Barack Obama was asked when he was in Copenhagen whether a provision  by which countries could peek into each others’ assessment processes was  strong enough to be sure there was no cheating. He answered  reassuringly that “we can actually monitor a lot of what takes place  through satellite imagery”. That statement conjured up thoughts of the  sort of cold-war satellite system that America used to identify and  count Russian missiles. But the president was being a bit previous; at  the moment, no such system exists, because America’s <em>Orbiting Carbon  Observatory</em> (<em>OCO</em>), a satellite that would have fulfilled  the role, was lost on launch this time last year. The purpose of <em>OCO</em> was to work out the fate of carbon dioxide that is emitted by  industrial processes but does not then stay in the atmosphere—about 60%  of the total.</p>
<p>America is planning to build a new <em>OCO</em>. In the meantime,  however, a small group of scientists labours away on Earth, doing its  best to monitor emissions at ground level. At the end of February a  number of these researchers met at the Royal Society in London, to  discuss what they were up to.</p>
<p>Measuring gas levels day in, day out can look a little humdrum to  outsiders, including those who hold the purse strings. They tend to  prefer scientists to experiment and test hypotheses, not just tally  things. But that attitude galls the greenhouse-gas measurers, and not  only because it denies them money. It also ignores the fact that careful  measurement is a way of discovering new things, not just of checking  the status quo. Monitoring is not just a necessary handmaiden of  science—it is the real thing.</p>
<h2>De bas en haut</h2>
<p>Governments are required by treaty to inform the world about their  greenhouse-gas emissions. To do this, they take a bottom-up approach,  using data about how much of the relevant gases all sorts of activities,  from steelmaking to dairy farming, are expected to produce and how much  of each of those activities is going on. The researchers at the meeting  work top down, looking directly at what is in the atmosphere, and how  quickly it accumulates.</p>
<p>Ray Weiss of the Scripps Institution of Oceanography in La Jolla,  California, has been studying the difference between these approaches.  In most cases, he has found that the top-down estimates are appreciably  higher. In some, such as that of sulphur hexafluoride, a powerful  greenhouse gas that is used as an insulator in high-voltage electronics,  the trends as well as the values are different: bottom-up accounts say  emissions are falling; top-down analysis says they are going up.</p>
<p>Andreas Stohl of the Norwegian Institute for Air Research and his  colleagues have been looking at weather patterns to discover where some  of these gases are emitted. The level of a gas seen at a particular  monitoring station depends on where it came from and which way the wind  was blowing, so if you have a number of stations and some data on how  their readings change with wind directions, you can have a good guess at  the source.</p>
<p>Among Dr Stohl’s conclusions is the positive one that China now seems  to be emitting less HFC-23, a powerful greenhouse gas produced by the  refrigeration industry, than it did in 2005. This suggests that the  large amounts of money invested through carbon markets in reducing such  emissions may be having an effect. More detailed studies might show  precisely which industrial regions the gases are coming from, and thus  reveal what is going on with specific HFC-23-mitigation projects.</p>
<p>For gases that are sometimes or always produced biologically, such as  carbon dioxide and methane, a less geographic way of assigning sources  is possible. Living things treat carbon atoms of different weights  slightly differently, and these differences show up in the weights of  the gases they churn out. So it is possible to distinguish, for example,  between methane that has been stored in permafrost and methane that is made by rotting vegetation.</p>
<p><a href="http://www.economist.com/science-technology/displaystory.cfm?story_id=15603891" target="_blank">Read more . . .</a></p>
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		<title>A quantum leap for lighting</title>
		<link>http://www.innovationtoronto.com/2010/03/a-quantum-leap-for-lighting/</link>
		<comments>http://www.innovationtoronto.com/2010/03/a-quantum-leap-for-lighting/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 14:05:29 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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		<category><![CDATA[Promising for so many reasons]]></category>
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HOW many inventions does it take to change a light bulb? More than  you might think. Around the world, many people are switching from  traditional incandescent bulbs to compact fluorescent (CFL) bulbs, which  require less energy to produce a given amount of light, and therefore  save money and reduce carbon emissions. [...]


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<p><img src="http://media.economist.com/images/images-magazine/2010/10/tq/201010tqp011.jpg" alt="Glowing solutions of quantum dots" width="595" height="335" /></p>
<p>HOW many inventions does it take to change a light bulb? More than  you might think. Around the world, many people are switching from  traditional incandescent bulbs to compact fluorescent (CFL) bulbs, which  require less energy to produce a given amount of light, and therefore  save money and reduce carbon emissions. But CFLs themselves may soon be  overhauled by light emitting diodes (LEDs), which are even more energy  efficient and have the further advantage that they come on instantly at  full brightness, unlike CFLs, which can take a while to warm up.  Advocates of LEDs note that the technology is versatile enough to work  in almost any situation, from stadium lighting right down to the tiny  light on your phone that flashes to indicate a new message.</p>
<p>But not even LEDs, it seems, are the end of the story. Yet another  lighting technology is on the horizon that offers further advantages:  even greater power efficiency and softer, warmer light, the colour of  which can be precisely controlled. Even though it will be put to rather  mundane uses, the technology in question has an exotic name: quantum-dot  lighting.</p>
<p>Quantum dots are tiny crystals of semiconducting material just a few  tens of atoms, or a few nanometres (billionths of a metre), across. They  are typically made using some combination of zinc, cadmium, selenium  and sulphur atoms. Their origins go back to work published in 1983 by  Louis Brus, then at Bell Labs, in New Jersey, though it was several  years before another physicist, Mark Reed at Yale University, described  these tiny semiconductor clumps as “quantum dots”. When excited by light  or electricity, a quantum dot emits light of a colour determined by the  dot’s size and the material from which it is made. Light of a  particular colour can therefore be produced by exciting dots of a  specific size.</p>
<p>Seth Coe-Sullivan, co-founder and chief technology officer of QD  Vision, a start-up spun out of the Massachusetts Institute of  Technology, likens a quantum dot to a tuning fork: when it is struck, it  oscillates at a specific, fixed frequency, producing a note of a  particular pitch (or, in the case of a quantum dot, light of a  particular colour). This has immediate applications in general lighting,  but quantum dots can also be put to many other uses.</p>
<p><a name="shine_a_light"></a></p>
<h2>Shine a light</h2>
<p>In lighting, quantum dots allow the colour of the light from a light  source to be precisely controlled, says Jason Hartlove, the chief  executive of Nanosys, based in Palo Alto, California—one of a handful of  companies making quantum dots and selling lighting components based on  them. The first products to come to market use quantum dots to produce  warm, white light from blue LEDs. In essence, quantum dots are used to  change the colour of the light. The advantage of this approach is that  blue LEDs are the brightest, most energy-efficient kind.</p>
<p><a href="http://www.economist.com/science-technology/technology-quarterly/displayStory.cfm?story_id=15582161" target="_blank">Read more . . .</a></p>
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		<title>Data, data everywhere</title>
		<link>http://www.innovationtoronto.com/2010/03/data-data-everywhere/</link>
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		<pubDate>Fri, 05 Mar 2010 22:54:42 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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Image by ldodds via Flickr



Information has gone from scarce to superabundant. That brings huge  new benefits, says Kenneth Cukier, but also big headaches
WHEN the Sloan Digital Sky Survey started work in 2000, its telescope  in New Mexico collected more data in its first few weeks than had been  amassed in the entire [...]


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<h2>Information has gone from scarce to superabundant. That brings huge  new benefits, says Kenneth Cukier, but also big headaches</h2>
<p>WHEN the <a class="zem_slink" title="Sloan Digital Sky Survey" rel="wikipedia" href="http://en.wikipedia.org/wiki/Sloan_Digital_Sky_Survey">Sloan Digital Sky Survey</a> started work in 2000, its telescope  in New Mexico collected more data in its first few weeks than had been  amassed in the entire history of astronomy. Now, a decade later, its  archive contains a whopping 140 terabytes of information. A successor,  the <a class="zem_slink" title="Large Synoptic Survey Telescope" rel="geolocation" href="http://maps.google.com/maps?ll=-30.2443333333,-70.7493888889&amp;spn=0.01,0.01&amp;q=-30.2443333333,-70.7493888889%20%28Large%20Synoptic%20Survey%20Telescope%29&amp;t=h">Large Synoptic Survey Telescope</a>, due to come on stream in Chile in  2016, will acquire that quantity of data every five days.</p>
<p>Such astronomical amounts of information can be found closer to Earth  too. Wal-Mart, a retail giant, handles more than 1m customer  transactions every hour, feeding databases estimated at more than 2.5  petabytes—the equivalent of 167 times the books in America’s Library of  Congress (see <a href="http://www.economist.com/specialreports/displaystory.cfm?story_id=15557421">article</a> for an explanation of how data are quantified). Facebook, a  social-networking website, is home to 40 billion photos. And decoding  the human genome involves analysing 3 billion base pairs—which took ten  years the first time it was done, in 2003, but can now be achieved in  one week.</p>
<p>All these examples tell the same story: that the world contains an  unimaginably vast amount of digital information which is getting ever  vaster ever more rapidly. This makes it possible to do many things that  previously could not be done: spot business trends, prevent diseases,  combat crime and so on. Managed well, the data can be used to unlock new  sources of economic value, provide fresh insights into science and hold  governments to account.</p>
<p>But they are also creating a host of new problems. Despite the  abundance of tools to capture, process and share all this  information—sensors, computers, mobile phones and the like—it already  exceeds the available storage space (see chart 1). Moreover, ensuring  data security and protecting privacy is becoming harder as the  information multiplies and is shared ever more widely around the world.</p>
<p><a href="http://www.economist.com/specialreports/displayStory.cfm?story_id=15557443" target="_blank">Read more . . .</a></p>
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		<title>A machine that prints organs is coming to market</title>
		<link>http://www.innovationtoronto.com/2010/02/a-machine-that-prints-organs-is-coming-to-market/</link>
		<comments>http://www.innovationtoronto.com/2010/02/a-machine-that-prints-organs-is-coming-to-market/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 15:58:55 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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Image by TheDeepFryedBoot via Flickr



Making a bit of me
THE great hope of transplant surgeons is that they will, one day, be  able to order replacement body parts on demand. At the moment, a patient  may wait months, sometimes years, for an organ from a suitable donor.  During that time his condition may [...]


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<dt class="wp-caption-dt"><a href="http://www.flickr.com/photos/20134302@N00/1896767889"><img title="3D Printer at school" src="http://farm3.static.flickr.com/2249/1896767889_840e415159_m.jpg" alt="3D Printer at school" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image by <a href="http://www.flickr.com/photos/20134302@N00/1896767889">TheDeepFryedBoot</a> via Flickr</dd>
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<h2>Making a bit of me</h2>
<p>THE great hope of transplant surgeons is that they will, one day, be  able to order replacement body parts on demand. At the moment, a patient  may wait months, sometimes years, for an organ from a suitable donor.  During that time his condition may worsen. He may even die. The ability  to make organs as they are needed would not only relieve suffering but  also save lives. And that possibility may be closer with the arrival of  the first commercial 3D bio-printer for manufacturing human tissue and  organs.</p>
<p>The new machine, which costs around $200,000, has been developed by  Organovo, a company in San Diego that specialises in <a class="zem_slink" title="Regenerative medicine" rel="wikipedia" href="http://en.wikipedia.org/wiki/Regenerative_medicine">regenerative  medicine</a>, and Invetech, an engineering and automation firm in Melbourne,  Australia. One of Organovo’s founders, Gabor Forgacs of the University  of Missouri, developed the prototype on which the new 3D bio-printer is  based. The first production models will soon be delivered to research  groups which, like Dr Forgacs’s, are studying ways to produce tissue and  organs for repair and replacement. At present much of this work is done  by hand or by adapting existing instruments and devices.</p>
<p>To start with, only simple tissues, such as skin, muscle and short  stretches of blood vessels, will be made, says Keith Murphy, Organovo’s  chief executive, and these will be for research purposes. Mr Murphy  says, however, that the company expects that within five years, once  clinical trials are complete, the printers will produce blood vessels  for use as grafts in bypass surgery. With more research it should be  possible to produce bigger, more complex body parts. Because the  machines have the ability to make branched tubes, the technology could,  for example, be used to create the networks of blood vessels needed to  sustain larger printed organs, like kidneys, livers and hearts.</p>
<p><a href="http://www.economist.com/science-technology/displaystory.cfm?story_id=15543683" target="_blank">Read more . . .</a></p>
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<li class="zemanta-article-ul-li"><a href="http://www.neatorama.com/2010/02/25/bio-printer-will-one-day-print-organs-for-transplant/">Bio-Printer Will (One Day) Print Organs for Transplant</a> (neatorama.com)</li>
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<p>Related posts:<ol><li><a href='http://www.innovationtoronto.com/2009/12/bio-printer-create-arteries-organs/' rel='bookmark' title='Permanent Link: 3D Bio-printer to create arteries and organs'>3D Bio-printer to create arteries and organs</a></li>
<li><a href='http://www.innovationtoronto.com/2008/03/coming-soon-nothing-between-you-and-your-machine/' rel='bookmark' title='Permanent Link: Coming Soon: Nothing Between You and Your Machine'>Coming Soon: Nothing Between You and Your Machine</a></li>
<li><a href='http://www.innovationtoronto.com/2010/02/touchless-touch-screen-reach-market/' rel='bookmark' title='Permanent Link: A touchless touch-screen may soon reach the market'>A touchless touch-screen may soon reach the market</a></li>
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		<title>A touchless touch-screen may soon reach the market</title>
		<link>http://www.innovationtoronto.com/2010/02/touchless-touch-screen-reach-market/</link>
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		<pubDate>Tue, 16 Feb 2010 00:44:53 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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		<category><![CDATA[touch screen]]></category>
		<category><![CDATA[touch screens]]></category>
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Image by Getty Images via Daylife



THE popularity of touch-screens on mobile phones means that a swipe,  tap or a flick comes as naturally these days as the click of a mouse.  But existing touch-screens have their limits. Those relying on changes  in electrical resistance tend to have poorer resolution than is needed [...]


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<li><a href='http://www.innovationtoronto.com/2010/02/displax-skin-turns-virtually/' rel='bookmark' title='Permanent Link: Displax &#8217;skin&#8217; turns virtually any surface into multi-touch display'>Displax &#8217;skin&#8217; turns virtually any surface into multi-touch display</a></li>
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<p>THE popularity of touch-screens on mobile phones means that a swipe,  tap or a flick comes as naturally these days as the click of a mouse.  But existing touch-screens have their limits. Those relying on changes  in electrical resistance tend to have poorer resolution than is needed  for modern applications, while those that rely on capacitance require an  ungloved finger.</p>
<p>Consequently, a new generation of touch-screens, known as optical  liquid crystal displays, is emerging. Optical LCDs embed tiny light  sensors next to many of the screen’s pixels. In the brief moments  between each successive screen image, the backlight is turned off. In  these periods of darkness, undetectable to the human eye, sensors are  able to pick up light coming from outside the device.</p>
<p>Although such sensors are designed to detect only the presence or  absence of a finger touching the screen, <a title=" (opens in a new  window) " href="http://www.media.mit.edu/people/raskar" target="_blank">Ramesh Raskar</a>, a researcher at the Massachusetts Institute  of Technology, wondered whether this new type of device could be turned  into not a touch, but a touchless screen by using the sensors to detect  more distant objects as well.</p>
<p>His idea was to treat each sensor as if it were a pinhole camera. He  (or, rather, his software) would then stitch the two-dimensional images  from each pinhole together to obtain a three-dimensional picture. This  could then be used to determine which bit of the screen a distant finger  is pointing at.</p>
<p><a href="http://www.economist.com/sciencetechnology/tm/displayStory.cfm?story_id=15536460" target="_blank">Read more . . .</a></p>
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<p>Related posts:<ol><li><a href='http://www.innovationtoronto.com/2009/12/gestural-interfaces-touch-screens/' rel='bookmark' title='Permanent Link: Gestural interfaces make touch screens look so ‘last year’'>Gestural interfaces make touch screens look so ‘last year’</a></li>
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<li><a href='http://www.innovationtoronto.com/2010/02/pressure-sensitive-technology/' rel='bookmark' title='Permanent Link: Pressure sensitive technology set to bring 3D capability to touchscreens'>Pressure sensitive technology set to bring 3D capability to touchscreens</a></li>
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		<title>The faster the internet becomes, the slower it loads pages</title>
		<link>http://www.innovationtoronto.com/2010/02/faster-internet-becomes-slower/</link>
		<comments>http://www.innovationtoronto.com/2010/02/faster-internet-becomes-slower/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 18:55:20 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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Image via Wikipedia



World Wide Wait
EVER noticed how long it takes for web pages to load these days? You  click on a link and wait and wait, and then wait some more, for the  content to trickle in. If nothing has happened after ten seconds or so,  your impatient correspondent hits the browser’s [...]


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<li><a href='http://www.innovationtoronto.com/2009/10/climate-change-may-mean-slower/' rel='bookmark' title='Permanent Link: Climate Change May Mean Slower Winds'>Climate Change May Mean Slower Winds</a></li>
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<h2><a class="zem_slink" title="World Wide Web" rel="wikipedia" href="http://en.wikipedia.org/wiki/World_Wide_Web">World Wide Wait</a></h2>
<p>EVER noticed how long it takes for web pages to load these days? You  click on a link and wait and wait, and then wait some more, for the  content to trickle in. If nothing has happened after ten seconds or so,  your impatient correspondent hits the browser’s stop button followed by  the reload key. In desperation, he sometimes loads the link into a  second or even a third browser tab as well, and bombards the website’s  server with multiple requests for the page. If that fails, he gives up  in disgust and reads a newspaper instead.</p>
<p>Back in the early days of the internet, when most web users relied on  dial-up connections, browsers were crude and web graphics were clumsy  GIF files, eight seconds was considered the maximum people would stick  around for a page to load. To increase “stickiness”, web designers pared  their HTML code to the bone, collated their style-sheet data and  JavaScripts into single files for more efficient caching elsewhere on  the web, used fewer graphics and embraced the PNG and JPEG picture  formats, with their smaller file sizes, as soon as they became  available. Compared with text, pictures really were the equivalent of  1,000 words, at least when it came to the time taken to transmit them.</p>
<p><a href="http://www.economist.com/sciencetechnology/displayStory.cfm?story_id=15523761" target="_blank">Read more . . .</a></p>
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<p><!-- Random Posts took 59.917 ms --></p>


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		<title>Tiny microphones provide a new way to eliminate background noise</title>
		<link>http://www.innovationtoronto.com/2010/02/microphones-provide-eliminate/</link>
		<comments>http://www.innovationtoronto.com/2010/02/microphones-provide-eliminate/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 04:19:54 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
				<category><![CDATA[Communications]]></category>
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		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[active noise cancellation]]></category>
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Image by visual.dichotomy via Flickr



Opting for the quiet life
MANY of those who talk loudly into their mobile phones are just  inconsiderate show-offs for whom no punishment is too evil. Sometimes,  however, there is an excuse. Noise in the background can make it hard  for your interlocutor to hear what you are saying. [...]


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<h2>Opting for the quiet life</h2>
<p>MANY of those who talk loudly into their mobile phones are just  inconsiderate show-offs for whom no punishment is too evil. Sometimes,  however, there is an excuse. Noise in the background can make it hard  for your interlocutor to hear what you are saying. Raised voices are an  inevitable consequence.</p>
<p>Soon, though, this excuse will vanish. Thanks to advances in  manufacturing techniques, which allow miniature mechanical components to  be built into electronic chips, it is now possible to add better  noise-cancelling features to phones, and also to other products, such as  the small “earbuds” used to listen to music players.</p>
<p>The idea behind active noise-cancellation goes back to the 1950s.  Sound is a pressure wave in the air. By making an identical but inverted  version of that wave and playing it through a loudspeaker, peak should  fall on trough, and trough on peak. The two waves should thus, in  theory, cancel each other out—leaving silence.</p>
<p>But the practice is hard. Unless the sources of the noise and the  antinoise coincide, the wave patterns will not overlap properly and the  effect will be lost. A good approximation to perfect overlap can,  however, be made by playing the anti-noise as close to the ear as  possible, so that the part of the noise which is actually doing the  irritating, namely that going into the listener’s head, gets cancelled,  even if the rest does not. The problem with this approach is that you  have to pick up the incoming soundwave with a microphone, work out in an  instant what the antisoundwave needs to look like, and then get ahead  of the original soundwave by sending a signal to a loudspeaker that will  broadcast the antisoundwave at precisely the moment the soundwave  arrives.</p>
<p><a href="http://www.economist.com/sciencetechnology/displayStory.cfm?story_id=15495918" target="_blank">Read more . . .</a></p>
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		<title>An end to frivolous patents may finally be in sight</title>
		<link>http://www.innovationtoronto.com/2010/02/frivolous-patents-finally-sight/</link>
		<comments>http://www.innovationtoronto.com/2010/02/frivolous-patents-finally-sight/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 00:19:04 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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Image by jontintinjordan via Flickr



Patent nonsense
DO PATENTS help or hinder innovation? Instinctively, they would seem a  blessing, especially for backroom tinkerers. Patenting an idea gives  its inventor a 20-year monopoly to exploit the fruit of his labour in  the marketplace, in exchange for publishing a full account of how the  new [...]


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<h1>Patent nonsense</h1>
<p>DO PATENTS help or hinder innovation? Instinctively, they would seem a  blessing, especially for backroom tinkerers. Patenting an idea gives  its inventor a 20-year monopoly to exploit the fruit of his labour in  the marketplace, in exchange for publishing a full account of how the  new product, process or material works for all and sundry to see. For  the inventor, that may be a reasonable trade-off. For society, however,  the loss of competition through the granting sole rights to an  individual or organisation is justified only if it stimulates the  economy and delivers goods that change people’s lives for the better.</p>
<p>Invention, though, is not innovation. It may take a couple of  enthusiasts working evenings and weekends for a year or two—not to  mention tens of thousands of dollars of their savings—to get a pet idea  to the patenting stage. But that is just the beginning. Innovations  based on patented inventions or discoveries can take teams of  researchers, engineers and marketing experts a decade or more, and tens  of millions of dollars, to transfer to the marketplace. And for every  bright idea that goes on to become a commercial winner, literally  thousands fall by the wayside.</p>
<p>Most economists would argue that, without a patent system, even fewer  inventions would lead to successful innovations, and those that did  would be kept secret for far longer in order to maximise returns. But  what if patents actually discourage the combining and recombining of  inventions to yield new products and processes—as has happened in  biotechnology, genetics and other disciplines?</p>
<p>Or what about those ludicrous business-process patents, like  Amazon.com’s “one-click” patent or the “name-your-price” auction patent  assigned to Priceline.com? Instead of stimulating innovation, such  patents seem more about extracting “rents” from innocent bystanders  going about their business. One thing has become clear since  business-process patents took off in America during the 1990s: the  quality of patents has deteriorated markedly. And with sloppier  patenting standards, litigation has increased. The result is higher  transaction costs all round.</p>
<p>It is not simply a failure of the <a title=" (opens in a new window) " href="http://www.uspto.gov/" target="_blank">United  States Patent and Trademark Office</a> (USPTO) to scrutinise  applications more rigorously. <a title=" (opens in a new window) " href="http://www.cafc.uscourts.gov/" target="_blank">The  Federal Circuit</a> (America’s centralised court of appeal, established  in 1982 to hear, among numerous other things, patent disputes) has been  responsible for a number of bizarre rulings. Because of its diverse  responsibilities, the Federal Circuit—unlike its counterparts in Europe  and Japan—has never really acquired adequate expertise in patent  jurisprudence.</p>
<p>To be eligible for a patent, an invention must not just be novel, but  also useful and non-obvious. Anything that relies on natural phenomena,  abstract ideas or the laws of nature does not qualify. The USPTO has  taken to requiring a working prototype of anything that purportedly  breaches the laws of physics. So, no more perpetual-motion machines,  please.</p>
<p><a href="http://www.economist.com/sciencetechnology/displayStory.cfm?story_id=15479680" target="_blank">Read more . . .</a></p>
<p>Check out <a href="http://www.techdirt.com/articles/20100208/0041208073.shtml" target="_blank">Techdirt.com</a></p>
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		<title>Big Oil is being forced to rethink its future</title>
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		<pubDate>Fri, 05 Feb 2010 17:44:13 +0000</pubDate>
		<dc:creator>innovation2</dc:creator>
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ON THE face of it the world’s big and publicly quoted oil companies  should be celebrating some pleasing results this week. Royal Dutch Shell  unveiled its results on Thursday February 4th, reporting that it had  made $9.8 billion in 2009. Two days earlier BP boasted profits of $14  billion [...]


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<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:World_Oil_Reserves_by_Region.PNG"><img title="Pie chart of world oil reserves by region" src="http://upload.wikimedia.org/wikipedia/commons/thumb/a/ac/World_Oil_Reserves_by_Region.PNG/300px-World_Oil_Reserves_by_Region.PNG" alt="Pie chart of world oil reserves by region" width="300" height="330" /></a></dt>
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<p>ON THE face of it the world’s big and publicly quoted oil companies  should be celebrating some pleasing results this week. Royal Dutch Shell  unveiled its results on Thursday February 4th, reporting that it had  made $9.8 billion in 2009. Two days earlier BP boasted profits of $14  billion for the same year. Yet these billions are a disappointment  compared with the bonanza of previous years (Shell, for example, raked  in $31.4 billion in 2008 alone) when soaring oil prices pulled profits  ever higher.</p>
<p>In the long term, however, the firms’ success depends on sustaining  reserves. The big western oil companies are trying to expand through  acquisitions and investment, but the opportunities do so are becoming  scarcer. The firms are spending where they can. Exxon Mobil, the biggest  listed oil company, says that exploration and capital spending hit  $27.1 billion in 2009, 4% higher than in 2008. The company expects to  spend $25 billion to $30 billion annually to the same end over the next  five years. BP intends to spend some $20 billion this year on investment  in new projects and drilling, roughly the same level as last year.</p>
<p>But there are limits to what money can buy. State-controlled  rivals—in the Middle East, Russia and beyond—jealously guard oil  reserves on their home patches. Few new big fields of oil, at least  those that are easy to reach and cheap to exploit, have been discovered  in recent years. And where new opportunities emerge, such as in Iraq,  Western oil giants are scrambling to pay big sums at auctions for  drilling rights in territory where the local government tightly limits  their returns. Even then, competition from Chinese, Russian and other  state-run oil firms can be severe. National oil companies will often pay  prices that would alarm shareholders in the big listed oil companies.</p>
<p><a href="ON THE face of it the world’s big and publicly quoted oil companies should be celebrating some pleasing results this week. Royal Dutch Shell unveiled its results on Thursday February 4th, reporting that it had made $9.8 billion in 2009. Two days earlier BP boasted profits of $14 billion for the same year. Yet these billions are a disappointment compared with the bonanza of previous years (Shell, for example, raked in $31.4 billion in 2008 alone) when soaring oil prices pulled profits ever higher.  In the long term, however, the firms’ success depends on sustaining reserves. The big western oil companies are trying to expand through acquisitions and investment, but the opportunities do so are becoming scarcer. The firms are spending where they can. Exxon Mobil, the biggest listed oil company, says that exploration and capital spending hit $27.1 billion in 2009, 4% higher than in 2008. The company expects to spend $25 billion to $30 billion annually to the same end over the next five years. BP intends to spend some $20 billion this year on investment in new projects and drilling, roughly the same level as last year.  But there are limits to what money can buy. State-controlled rivals—in the Middle East, Russia and beyond—jealously guard oil reserves on their home patches. Few new big fields of oil, at least those that are easy to reach and cheap to exploit, have been discovered in recent years. And where new opportunities emerge, such as in Iraq, Western oil giants are scrambling to pay big sums at auctions for drilling rights in territory where the local government tightly limits their returns. Even then, competition from Chinese, Russian and other state-run oil firms can be severe. National oil companies will often pay prices that would alarm shareholders in the big listed oil companies. " target="_blank">Read more . . .</a></p>
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