A new study from MIT’s Industrial Performance Center finds that while Massachusetts is successfully launching and growing new startups, the state has a shortage of “super-scale” companies, reports Hiawatha Bray for BetaBoston. Bray explains that the report “calls for public- and private-sector efforts to foster the development of bigger businesses in the Bay State.”
MIT researchers have developed an algorithm that can predict household income in urban areas based off of Google Street View images, writes Bourree Lam for The Atlantic. The algorithm "explains 77 percent of the variation in income at the block-group level,” explains graduate student Nikhil Naik.
A new report details the entrepreneurial impact of MIT’s alumni entrepreneurs, reports Hiawatha Bray for BetaBoston. “We’re seeing a more rapid rate of growth than we have ever seen before,” explains Prof. Edward Roberts, in the “growth in the formation and startup of new companies by MIT alumni.”
Alumna Michelle K. Lee, director of the United States Patent and Trademark Office, writes for USA Today about the need for women to pursue STEM careers. “The lack of gender parity is not just a social issue, it is an economic imperative,” Lee writes. “We need to get more girls into STEM education, and we need to empower more women in STEM professions.”
Washington Post reporter Jim Tankersley writes about a new MIT study that found trade may not help countries cope with climate-induced agricultural problems. The researchers found countries needed the “ability to substitute new crops for the ones that don’t grow as well under climate change.”
Jeff Guo of The Washington Post reports on Prof. David Autor’s research examining the academic achievement gap between boys and girls. “It’s well known that young women have surpassed young men in schooling but what struck us was that these gaps vary so much across race and socioeconomic status,” says Autor.
Samie Al-Achrafi writes for The Huffington Post about Senior Lecturer Otto Scharmer’s new book “Leading From the Emerging Future,” which examines the structural issues that lead to repeated economic mistakes.
In an article for the New York Times, Claire Cain Miller highlights Prof. David Autor’s research that indicates that disadvantages early in life cause more issues for boys than girls. “Boys particularly seem to benefit more from being in a married household or committed household,” says Autor.
In an article for The New York Times, Eduardo Porter highlights Prof. Abhijit Banerjee’s new study that found that cash transfer programs aimed at assisting people living in poverty do not discourage people from working. Prof. Banerjee explains that when it comes to welfare, “Ideology is much more pervasive than the facts.”
Prof. Daron Acemoglu discusses the work of Angus Deaton, who won the 2015 Nobel Prize in Economics, with Washington Post reporter Ana Swanson. “I think his understanding of how the world worked at the micro level made him extremely suspicious of these get-rich-quick schemes that some people peddled at the development level,” says Acemoglu.
Prof. Heidi Williams speaks with Callie Crossley as part of WGBH’s “Genius Next Door” series, which features local winners of the MacArthur “genius grant.” Williams explains that her work focuses on “whether we're getting the right kinds of medical technologies developed.”
Senior Lecturer Phil Budden writes for Fortune about how the Greek financial crisis also presents an opportunity. Budden recommends that Greece, “shift its focus away from its macroeconomic problems and toward the task of creating an innovation ecosystem.”
Prof. Heidi Williams, a 2015 MacArthur Fellow, speaks with Bloomberg’s John Tozzi about why drug companies are underinvesting in long-term research. Williams explains that there are “scientifically feasible projects that aren’t getting done because there aren’t sufficient incentives."
Boston Globe reporter Kathleen Burge speaks with Prof. Heidi Williams, a 2015 MacArthur fellow, about how she felt upon learning she had been honored by the MacArthur Foundation and her research examining technological change in the health care market. “It’s quite overwhelming to hear this news and to get that vote of support,” said Williams.
Prof. Heidi Williams has been named a 2015 MacArthur “Genius” award winner, according to the Associated Press. Williams was honored for her research exploring, “the causes and consequences of innovation in health care markets.”