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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.

Cally Russell

Tech accelerators and incubators have become a right of passage for many tech companies and there are hundreds of these firms across the world helping and sometimes hindering, the early stages growth of technology companies. It's now estimated that there are 7,000 accelerators in the world. 

Despite Edinburgh having spawned a number of tech startup success stories; Skyscanner, Fanduel and Freeagent to name a few, the city has for a long time lacked a pure tech accelerator with the ability to invest in startups and help them power through those tricky first six months, instead of just offering mentoring and free office space.

 

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Longest average commute town in every state map Business Insider

The length of an average commute varies across the US.

The American Community Survey is an annual survey run by the Census Bureau to allow the government, corporate and academic researchers, and anyone who is curious about demographics to better understand the US population. Among many other subjects, the ACS includes questions about how long it typically takes employed respondents to travel to work.

Image: https://www.businessinsider.com

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Great Wall of China

BEIJING, Feb. 18 (Xinhua) -- China aims to develop the Guangdong-Hong Kong-Macao Greater Bay Area into an international innovation and technology hub, says a development plan issued on Monday.

According to the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, efforts will be made to build an open community for coordinated innovation in the region, develop quality innovation and technology carriers and platforms, and enhance the environment for innovation in the region.

 

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learn

When working in a team, it’s likely that you will have to work with people who aren’t like you. The differences between introverts and extroverts are well-known. While introverts prefer less stimulation and need to spend time alone to focus and develop their thoughts, extroverts’ brains require higher levels of external simulation and dopamine to function and thrive in group settings.

 

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Razvan Creanga

Leonardo da Vinci wrote the first CV in the 15th century when he applied for a job to the Duke of Milan. There hasn't been much change in the recruitment industry in the intervening 500-plus years.

It seems incredible that a man renowned for his innovative approach to engineering and the arts, from parachutes to early flying machines and the Mona Lisa, had to distill his skills to fit on a single piece of paper.

 

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test tube

One silver lining of having an apartment so small you can feel your stomach brush the wall with a particularly strong exhale is that you don’t have to feel bad not helping whomever is cooking dinner or doing the dishes. Fitting two people into the foot-and-a-half wide corridor that houses our fridge, oven, microwave, and sink is simply a non-starter. It’s frustrating at times, but it has helped instill a natural division of labor — whoever cooks does not touch the dishes — that I don’t think would have occurred otherwise, and it muted the well-intentioned, but not always constructive, instinct to help a busy cook who’s in the zone and doesn’t want to be bothered with finding you a vegetable to peel or something.

 

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NewImage

At the beginning of this decade, when the fallout of the financial crash was still being felt and traditional venture firms were struggling to raise money, the investment arms of big pharma companies stepped in to fill a funding gap that was starving start-ups. Fast forward to the current period of plenty and, while corporate cash is no longer quite so crucial to the ecosystem, many of these units remain enthusiastic backers of early-stage science. 

Image: http://www.evaluate.com

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old people

Every day since her husband broke his hip, Beatrice Egger has been afraid. The 91-year-old retired teacher worries when William, 90, a retired principal, is in the shower. She worries when she is helping him get dressed and he unsteadily towers over her. And she worries when he moves from sitting to standing or from room to room. When he falls, which inevitably happens, she can call upon aides at their Issaquah, Wash., retirement home to help get him back up. But they can’t help her all the time. So she stays scared.

 

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idea

Within the startup realm, there is a big difference between having an innovative product versus an innovative business. Some startups have a new technology, but stick to a tried-and-true business model. Others take an existing product, and give it new life with a creative business model. The most competitive startups do both, all the time and every time.

Image: https://blog.startupprofessionals.com

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entrepreneur

Whether you’re starting your first business or you’ve been working in your niche for decades (but have a great idea), the truth is that there is always something to learn in the business world. No entrepreneur is invincible and no good leader is a superhero – they’ve learned their lessons by working hard, making mistakes, and building upon their experience.

If you want to become a successful and respected leader, there are a few things you can do. Below, I’ve rounded up some of the attributes that all good entrepreneurs have in common.

 

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Tendayi Viki

Established companies have to innovate for the future, while running their core business.This is a reality that is now accepted by the majority of corporate leaders. A report by McKinsey notes that 70% of senior leaders view innovation as one of the top three drivers of growth in their companies. Contemporary leaders are now encouraging their teams to be more innovative.   

 

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