IV Protection Device

  • Heitkamp’s invention is an IV protection device. The product is used to hold IV lines in place to prevent needles from falling out or being pulled out of place and causing irritation

http://www.wahpetondailynews.com/news/article_6883dbb8-0659-11e2-b6b5-001a4bcf887a.html

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The Era of Retail 3D Printing Begins

  • A quirky kind of store has opened up at 298 Mulberry Street in downtown Manhattan.  It’s the first retail location for MakerBot, one of the leading consumer 3D printer companies.
  • …just-released Replicator 2 printer from MakerBot that costs $2,199…
  • Silicon Valley, for some reason, has shown very little interest in 3D printing…venture capitalists have ignored the technology…
  • …Or have a peek at the Cube from 3D Systems, which costs $1,299…

http://www.businessweek.com/articles/2012-09-21/the-era-of-retail-3d-printing-begins

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Boon and Bane of Crowdfunding

(Article taken from http://mypaper.sg/ on 19 Sep 2012)

  • Crowdfunding sites like Kickstarter, IndieGogo and Quirky are letting designers connect with audiences who want to finance their dreams… But, for the creators of these projects, getting the money is sometimes the easy part. They then have to turn their dreams into reality, with crowd keeping an eye on their progress.
  • Most of the time, this works out. However, some projects, including several high profile and in-demand ones, have run into glitches and lengthy delay.
  • Kickstarter says it is not responsible for making sure a project is completed on time, or at all…Kickstarter has no mechanism for refunding the pledges.

How to encourage Invention

http://www.washingtonpost.com/business/economy/how-to-encourage-us-inventions/2012/09/12/4b48cb9c-fcd8-11e1-b153-218509a954e1_story.html

  • “The plain truth is that schools really don’t matter much when it comes to education. What matters is the family environment where a student lives, and how motivated the child is to learn,” wrote TheElJamo.
  • Innovation is not just for the talented few…There are systematic processes by which ordinary individuals can come up with innovative solutions.
  • Media organizations should set up competitions that help “finalists meet face to face with investors and capitalists who are to provide investment and grants (not loans) for these vetted ventures,”
  • Innovation is already happening nearly everywhere in our economy. But the place where it’s least prevalent is in government…

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