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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.

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What can NIH offer to NVCA member firm’s life science portfolio companies? How can you get access to NIH funded companies? Since when does NIH have Entrepreneurs in Residence? Check out the answers to these questions and more in our first Q&A session with NIH investment executives, Dr. Ethel Rubin and John Sullivan. To cultivate the relationship between NIH and NVCA members, Ethel and John will be publishing a variety of Q&A sessions on topics such as NIH non-dilutive funding, resources open to investors, recent VC deals from their portfolio, and more.

 

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VNewImageenture capital firms in the U.S. have struggled to meet their hurdle rates even as their performance has steadily improved, research by eFront found.

Only 38 percent of VC funds tracked over two decades produced gains exceeding the traditional 8 percent hurdle, according to a statement Monday from the alternative-assets data provider. Hurdle rates are time sensitive as they’re typically calculated as an internal rate of return.

Image: Illustration by II

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In the 1980s and 90s, Wall Street was the American Dream for those seeking wealth and success in the U.S., and an MBA was a rite of passage to the higher-level, higher-paying jobs. 

Not so much these days. After the collapse of financial markets in 2007-2008, ambitious college grads started looking outside the world of finance for jobs. The tech industry, still in its relative infancy, became the new Holy Grail. 

Image: Yunha Kim dropped out of Stanford business school in 2016 to launch her startup, Simple HabitYUNHA KIM

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Each year, high school students across the U.S. march through campuses on guided tours, pore over course catalogs, and frantically check mailboxes and inboxes for letters granting them admission to the next phase of life: college. Most are facing significant financial questions. Research consistently demonstrates that college graduates earn more than their peers without degrees.

 

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money tree

Venture capital-backed companies based in the United States raised a record number of mega-rounds with 64 $100M+ deals this past quarter. US Q2 funding and deal activity increased 10% and 3%, respectively, as $29B was raised across 1,409 transactions, according to the latest MoneyTree™ Report from PwC and CB Insights.

US VC funding is on track to reach record levels this year. At the end of Q2, US VC funding is at $55B, well above the mid-point for 2018, which ultimately saw $116B raised – close to the record $120B raised in 2000. The 64 mega-rounds raised this quarter account for nearly half of all funding raised

 

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In a massive new analysis of findings from 277 clinical trials using 24 different interventions, Johns Hopkins Medicine researchers say they have found that almost all vitamin, mineral and other nutrient supplements or diets cannot be linked to longer life or protection from heart disease.

Although they found that most of the supplements or diets were not associated with any harm, the analysis showed possible health benefits only from a low-salt diet, omega-3 fatty acid supplements and possibly folic acid supplements for some people. Researchers also found that supplements combining calcium and vitamin D may in fact be linked to a slightly increased stroke risk.

Image: https://www.eurekalert.org

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jobs

As technology and globalization continue to change the US economy, the workforce of 2026 will look much different than it does now.

Every two years, the Bureau of Labor Statistics publishes projections for how employment in various occupations and industries are likely to change over the next decade. The Bureau's most recent projections show how the counts of people working in 819 jobs are likely to change between 2016 and 2026. Based on the BLS' estimates, we found the jobs that are projected to have the biggest declines over that decade.

 

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Brian Solis

Digital transformation represents the future of business constructs. But even after all of these years, there is no single blueprint to follow. Companies are actively investing in disruptive technologies while also trying to understand how these and emerging technologies are impacting markets and customer/employee behaviors, expectations, and trends. According to recent research, companies report that one of the biggest challenges in digital transformation is the lack of digital expertise needed to lead purposeful, swift, and successful change across the enterprise.

 

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research

Health care and medical research may attract considerable philanthropic dollars from wealthy individuals, yet many givers question whether their dollars have an impact. 

Morgan Stanley unearthed this concern as part of a firm-wide effort to help their clients make better decisions “on where and how they are giving their money away,” says Melanie Schnoll Begun, the bank’s head of philanthropy management. 

 

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euro notes

The European Union (EU) will invest millions of euros in Israeli start-ups, Globes has reported, as part of a €100 million ($112.3 million) pilot scheme within the European Innovation Council’s Horizon 2020 framework.

According to the article, the European Commission will invest up to €15 million ($16.8 million) in Israeli companies “for the purposes of commercializing products, in exchange for shares”.

 

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