Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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.

NewImage

Scientists at the University of Maryland reported last week that they’ve discovered a way to treat wood to make it 12 times stronger than natural wood and 10 times tougher. According to Liangbing Hu, one the lead researchers in the paper published in Nature, their wood is so strong and durable that it can compete with steel, titanium alloys, and even carbon fiber–but at an infinitely much lower price point.

Image: courtesy University of Maryland

Read more ...

brain

Welcome to Teaching, a newsletter from The Chronicle of Higher Education. This week a recent article on improving student wellness has Beckie thinking about the promise and peril of the teenage brain. Then we share some insights on preparing students for life after college from the American Society for Engineering Education and point to a couple of recent articles and a report you might want to peruse.

 

Read more ...

NewImage

Missing code and data make it tough to compare AI work. That may hurt progress. The problem: Science reports that of a sample of 400 papers from AI conferences in recent years, only 6 percent of presenters shared code. Just a third shared data. Why it matters: Without access to that information it’s hard to reproduce a study’s findings, making it impossible to benchmark tools that could push the field forward. How to solve it: There’s a clear culture of keeping such details under wraps. Some meetings and journals are now encouraging sharing. Perhaps more ought follow.

Image: https://mailchi.mp

Read more ...

gps

In his book Change by Design, Tim Brown lays out his Ways to Grow Matrix, which maps innovation along a vertical axis representing existing to new offerings and a horizontal axis representing existing to new users. This is a simple and brilliant way for companies to gauge the balance of their innovation efforts by plotting their many innovation initiatives on this axis.

 

Read more ...

crowd funding

United Way is engaged in nearly 1,800 communities  across  more than 40  countries and territories worldwide. As the largest privately-funded nonprofit in the world, United Way creates solutions that build stronger communities. United Ways are improving education, strengthening financial stability and making communities healthier. But they don’t do it alone. Nearly 2.6 million volunteers and 9.6 million donors are engaged with United Ways across the world to advance  community-based and community-led solutions.

 

Read more ...

NewImage

Sometimes entrepreneurs are so focused on making change happen for customers that they forget that continually changing themselves and their company is equally important. Some get stuck in a rut and get run over by competitors with new technology, like Eastman Kodak, and others get pushed into a crisis, like Apple did, before they reinvent themselves into a new market.

Image: http://blog.startupprofessionals.com

Read more ...

NewImage

Venture capital activity in Ireland may have declined in 2017 versus the previous year but it was still the second strongest performance in more than a decade, according to new figures compiled by PitchBook.

Moreover, PitchBook, whose cloud-based subscription-only database is regularly consulted by top venture capital firms across the globe, has forecast another good year for VC activity with the likelihood of stronger funding rounds here than in the past.

Image: https://www.irishtimes.com

Read more ...

sleep

The duck-in-the-water metaphor is often used by industry leaders to describe life as an entrepreneur. Ducks appear calm and collected at first glance, but they are actually paddling hard below the surface of the water to get to their final destination. Like the duck, entrepreneurs must remain calm in order to effectively lead their employees and grow their business, no matter how hectic it may be below the water’s surface.

 

Read more ...

NewImage

While the rise of the internet has been the backbone of many exciting entrepreneurial endeavours, it does beg the question: has it distracted us from coming up with original ideas and products by simply providing a way to streamline what has already been done?

The announcement by Elon Musk in 2017 that his Tesla business had come up with a new lithium-ion battery to power homes and businesses got me thinking about the inspiring investors that dreamed up the products and devices that we would now find it hard to live without. The result? I was left with a feeling that these kind of zany ideas men and women might be on their way out.

Image: https://realbusiness.co.uk

Read more ...

innovation

Today, Reza Moridi, Minister of Research, Innovation and Science, and Steven Del Duca, Minister of Economic Development and Growth, issued the following statement:

"This morning, the federal government announced that Ontario's Advanced Manufacturing Supercluster, led by Next Generation Manufacturing Canada (NGM Canada), has qualified for up to $230 million under the Government of Canada's Innovation Superclusters Initiative. This is a truly exciting day for our province and we would like to thank the federal government for choosing southern Ontario to anchor the industry-led Advanced Manufacturing Supercluster. 

 

Read more ...

meeting

In my experience, there are plenty of innovation and startup teams that feel stuck. Despite using lean startup tools they feel as though they are running around in circles and making no progress. It feels as though they have forgotten why they started using lean startup methods in the first place. They have run a few experiments and they have learned a lot. But somehow, all these lessons learned are not really helping them make decisions. They struggle to articulate clear answers to questions like: where are they are right now and what do they need to do next?

 

Read more ...