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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

hawaii

With trials already underway in Kenya, Finland, and Oakland, and several others planned elsewhere, basic income is starting to get a thorough testing. The idea of direct cash transfers to meet basic human needs has been getting a lot of attention in the media, from Silicon Valley leaders, and among academics and think tanks. It can’t be long before a city or state in the United States experiments with basic income for itself (Oakland’s pilot is run by Y Combinator, a startup incubator).

 

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y combinator logo

Silicon Valley startup accelerator Y Combinator is raising up to $1 billion for a new venture capital fund, Axios is reporting this morning. The fundraising comes less than two years after YC announced the close of its first big investing vehicle, a $700 million growth fund called the Y Combinator Continuity fund that it hired Ali Rowghani to oversee.

Rowghani was once the COO of Twitter; he also served earlier in his career as the CFO of Pixar.

 

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In 1977, a gallon of gas was 77 cents, a Georgia peanut farmer named Jimmy Carter was sworn in as president and a small start-up called Apple Computer was incorporated by Steve Jobs and Steve Wozniak.

That summer, another momentous undertaking was launched. Hewlett Packard Co-Founder David Packard assembled a luncheon with 32 other Silicon Valley visionaries, including Intel Co-Founder Bob Noyce and AMD Founder Jerry Sanders, to create what is now the Silicon Valley Leadership Group.

Image: Silicon Valley Leadership Group CEO Carl Guardino looks at a map of the BART Silicon Valley Berryessa Extension during a VTA BART Silicon Valley celebration. Bringing BART to San Jose has been one of the Group's major campaigns. (Olszewski/SOSKIphoto) 

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dna

Entrepreneurs are as diverse as the businesses they start. A lot of people focus on the public personae of high profile founders to understand how they have achieved their success. But to find out what really makes them tick, it’s helpful to peek under the hood of an entrepreneur’s emotional engine compartment in order to gain a deeper understanding of how they work.

 

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Researchers at an American university have developed an ultra-thin technology that can generate energy from people as they walk – or even when they’re sitting down.

Thin enough to be woven into fabric, the wearable battery could fit seamlessly in clothes to power mobile phones and other electronic devices. A team at Vanderbilt University‘s Nanomaterials and Energy Devices Laboratory has pioneered the new system – ‘based on battery technology and made from layers of black phosphorus that are only a few atoms thick’ – which generates electricity from the slightest motion.

Image: https://www.innovatorsmag.com 

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The founders of the legendary Apple—the late Steve Jobs and Steve Wozniak—have long been models of inspiration for entrepreneurs and other startup would-be innovators. Their individual lives, behavior, thinking, values, and decisions (just to name a few) have been picked and scrutinized endlessly to glean gems of success that followers and fans can learn from. The latest teaching to come down from this particular pipeline is unique in that it looks at both Jobs and Wozniak as a package deal, and use that partnership as a model for future business leaders.

 

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goals

Goals are good. We should all have someplace we are heading. In small business, sharing our goals is critical to their success. We need everyone around us to know and understand what we are trying to achieve. We also need to be careful what goal we telegraph to others. Once again, the US Federal Government gives us a great example of how treacherous goals can be. For the past eight years, the Republicans have shared their goal of repealing and replacing the ACA. Somewhere in there is probably the goal of improving the cost of and access to health care in the United States. And that’s probably a good goal. Even the Democrats will say that there are things that need to be fixed with the current system.

 

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crowd

Back in 2011, crowdsourcing was fueling an explosion in open innovation. At that time, most Fortune 500 firms had launched crowdsourcing initiatives or partnered with startups in order to access outside innovators or co-create with customers. The providers of crowdsource solutions had their heyday. Kaggle had raised $11M from Koshla Ventures. InnoCentive raised $7M and bought OmniCompete. TopCoder stepped from strength to strength, raising $11M in 2010. Quirky raised two rounds totaling $21M. But the glory didn’t last. Within six years, Kaggle had been acqui-hired by Google; a struggling TopCoder sold itself to Appirio; InnoCentive has been shrinking for years according to LinkedIn data; and Quirky has declared bankruptcy.

 

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As an entrepreneur, you are faced every day with unpredictable situations and the uncertainty of where your own decisions will take you. This fear of the unknown can easily translate into everything you do for your business and can either become a powerful motivator or a debilitating factor working against your growth and development. According to a 2015 study on fear and entrepreneurship, fear is actually a major psychological barrier to most business leaders, as it can prevent them from taking necessary risks for their success.

 

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Every dedicated business professional I know can’t find enough hours in a day to do their best work, and yet they often find themselves saying yes to new requests from the people around them. In some cases it may be fear of retribution by the boss, but more often they just hate to disappoint others, and end up instead with high stress and low credibility in the crisis to deliver.

Image: http://blog.startupprofessionals.com 

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Philadelphia tech boosters are making the most of Vanguard Group’s Innovation Studio, the outpost at 2300 Chestnut St. where the Malvern-based investment giant hopes in time to base up to 100 tough-to-recruit software pros for projects, so they can skip the daily Paoli-Thorndale line to the suburbs.

“Vanguard’s decision to locate their Innovation Lab in Philadelphia is further evidence that our efforts to support an innovation ecosystem are having an impact,” Craig Carnaroli, a University of Pennsylvania executive vice president and an invited guest, told me after Vanguard opened the site Monday. He’s hoping proximity will lead to collaboration among Penn and Vanguard people.

Image: http://digital.olivesoftware.com 

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40 ton whale filmed jumping fully out of the water like it s some kind of hotshot dolphin or something

An enormous adult humpback whale was filmed breaching fully out of the water off the southeastern coast of South Africa in early July. The massive whale propels its full body out of the water, like it's some kind of fit young dolphin or something.

The impressive sight was captured by scuba diver Craig Capehart and witnessed by three other divers in his boat.

Image: http://mashable.com 

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