Payton, Kiona, and their Northeast High School classmates received a 2012 InvenTeam grant from the Lemelson-MIT Program, which supported their development of the innovative design.
The students, who were selected to be a 2012 Lemelson-MIT program InvenTeam, built the device with the goal of reducing the number of drowning deaths due to rip currents in the Great Lakes.
America Movil had MIT professor Jerry Hausman, who directs the MIT Telecommunications Economics Research Program, look into the OECD report.
Pentland is also head of the MIT Media Lab Entrepreneurship program, and has co-founded or served in an advisory role to several big data analytics startups such as Ginger.io and Sense Networks.
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The Defense Advanced Research Projects Agency (DARPA) the U.S. Department of Defense agency that helped fund the development of computer networking and global positioning founded the Energy Starved Electronics program at MIT in 2005 to accelerate the development of these technologies.
Many of these programs are still small including MIT's new finance program, which is in its first year.
An erudite Philadelphia native, Pagon quit a doctoral program in economics at MIT to become an investment banker.
Critics of that program, such as MIT economist Huang Yasheng, argue that state intervention during the crisis has set back the reform effort and harmed the private sector.
Meanwhile, at MIT's Sloan School, a similar program has been operating for the past eight years.
Future research will look at how the microbiome is "established in infants and maintained throughout life, " said Bruce Birren, co-director of the Genome Sequencing and Analysis Program at the Broad Institute of MIT and Harvard.
Bill co-founded the IMD partnership program on Driving Strategic Innovation, in cooperation with the Sloan School of Management at MIT.
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