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Two New Jersey universities have scored in the Top 15 on PayScale’s list of colleges with the best value. Get this and all of the latest science and tech news with the Innovation NJ weekly update.


Study: Life Sciences Industry Still Lacks Gender Diversity at the Executive C-Suite Level New research released on April 20 by Epsen Fuller Group|IMD, an executive search and leadership consulting firm, reveals the severity of the gender gap in the boardroom and C-Suite in the life science community.
Google Research Director Peter Norvig Discusses Rise and Caveats of Artificial Intelligence at Stevens President’s Distinguished Lecture The rapid growth of “smart” technology—which now pervades mobile phones, cars, household appliances, fitness devices, navigation and many other aspects of daily life—has made artificial intelligence (AI) a white-hot topic in business and industry. Peter Norvig, director of research for Google, discussed the promise—as well as the pitfalls—of AI technology at Stevens Institute of Technology.
Boston Consulting Group Report Shows Private-Public Research Consortia Fundamental to U.S. Competitiveness  The State Science & Technology Institute (SSTI) reports that, while the United States remains the global leader in overall research and development (R&D) spending, China has surpassed the U.S. in later-stage technological investments, according to a new report by the Boston Consulting Group (BCG). At its current rate of growth, China’s investment in later-stage R&D could double that of the U.S. by 2018, the authors find. Their analysis suggests that there is significant potential for the U.S to get more out of its R&D by strengthening the relationships between industry and research institutions.


NJIT Graduate Student S. R. Nandakumar Wins IBM Fellowship to Develop Brain-Inspired Computing Systems S. R. Nandakumar, an NJIT graduate student in electrical engineering, has won a coveted IBM Ph.D. fellowship to support his work on computer systems that mimic the architecture of the human brain. The international fellowship program, which is intensely competitive, awards exceptional graduate students in diverse fields who are tackling technical problems fundamental to innovation.


NJEDA’s Latest NJ Founders & Funders Event Connects More Than Two Dozen Early-Stage Companies with Seasoned Investors  From a biotechnology company that develops biomarkers in blood to detect cancer to a technology business that connects local farmers and food gardeners, a broad spectrum of early-stage companies on April 27 participated in the latest New Jersey Founders & Funders event. The afternoon-long event, hosted by the New Jersey Economic Development Authority (EDA), gave entrepreneurs from more than two dozen New Jersey technology and life sciences companies the opportunity to meet one-on-one with potential investors.
Stevens and Princeton among Top 15 U.S. Universities for “Best in Nation for ROI” Emily Bader reports in NJBIZ that when it comes to colleges with the best return on investment, parents and policymakers are all trying to get the best bang for their buck. It turns out two New Jersey universities have scored high on PayScale’s 2017 College ROI Report: Best Value Colleges list, focused on a 20-year net return on investment. The list also factors in financial aid, the difference between in-state and out-of-state tuition and more to rank more than 1,500 private and public institutions nationwide.


Monmouth University Recognized by EPA as Top Green Power User in Metro Atlantic Conference in 2016-2017  The U.S. Environmental Protection Agency (EPA)has recognized Monmouth University as an Individual Conference Champion of the 2016-17 College & University Green Power Challenge for using more green power than any other school in the Metro Atlantic Athletic Conference. Green power is zero-emissions electricity generated from environmentally preferable renewable resources, such as wind, solar, geothermal, eligible biogas, biomass, and low-impact hydro.


Fairleigh Dickinson University’s Rothman Institute Hosts 14th Annual NJ Business Idea Competition Awards Fairleigh Dickinson University’s Rothman Institute of Innovation and Entrepreneurship on April 7 hosted its 14th annual New Jersey Business Idea Competition Awards Ceremony and Female Entrepreneur Lecture at the Florham Campus. The competition is open each year to high school students from New Jersey who submit their best and brightest business ideas in hopes of winning cash prizes and statewide recognition.



Upcoming Events

Stevens Innovation Expo 2017
When: Wednesday, May 3, 1 p.m. – 9 p.m.
Where: Stevens Institute of Technology, 1 Castle Point Terrace, Hoboken

The Future of Podcasting in Culture and Business
When: Thursday, May 4, 7 p.m. – 8:30 p.m.
Where: Bell Works 101 Crawfords Corner Road, Holmdel, NJ

BioNJ’s 5th Annual Human Resources Conference
When: Wednesday, May 10, 8:30 a.m. – 5 p.m.
Where: Institute for Life Science Entrepreneurship/Kean University, Union

Princeton Research Day 2017
When: Thursday, May 11, 2017
Where: Princeton University, Princeton

Propelify Innovation Festival
When: Thursday, May 18, 2017
Where: Hoboken