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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.


What does it take to be a successful entrepreneur?

The Harvard Business Review conducted a survey of founders of enterprises — 141 Harvard Business School alumni and 20 non-MBA — to find out. The study participants were asked to rank which skills are most crucial for entrepreneurs.

The answer? They're all important.


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When it comes to fundamental goals, 23 percent of entrepreneurs in their 20s cited becoming more influential or having a positive impact on their communities. It’s a considerable increase over the 13 percent of entrepreneurs over 50 who say the same. The data shows a considerable difference in values between two generations of entrepreneurs,  says the 2017 HSBC Private Bank: Essence of Enterprise with a fairly comprehensive global survey of entrepreneurs from the two generations.


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When Joseph Quan arrived at the Wharton School of Business as an MBA, he knew he was set on starting a company.

Two years later, his HR software startup Twine, which uses a proprietary algorithm to help companies put their employees in best-fit roles, has won well over $50,000 in no-strings-tied grants and received funding from two on-campus venture capital funds in the same year.

Much of Twine’s early success has to do with the proactivity with which Joseph and his team sought out resources at his university.


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I recently appeared as a guest on Wharton Professor David Robertson's radio show, Innovation Navigation. David is an old pro and recently published an excellent new book on innovation, The Power of Little Ideas, so it was an interesting, wide ranging discussion that covered a lot of ground.

One of the subjects we touched on was the new era of innovation. For the past few decades, firms have innovated within well understood paradigms, Moore's Law being the most famous, but by no means the only one. This made innovation relatively simple, because we were fairly sure of where technology was going.


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While nothing beats a good cookbook, more and more home cooks are turning to Pinterest to collect and discover recipes. But tastes and trends can take on a certain regionality, which is why Pinterest has released its Foodnited States of America list, featuring the recipes and ingredients that rank higher in a certain state than they do anywhere else. Compared to the other 49, each state has a keen interest in one particular product or dish that sets them apart. Here’s a look at what your friends, neighbors and fellow Americans are pinning and prepping.


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There is a lot of discussion about the “gig economy” in business circles today, usually focusing on the plight of those at the low end of the pay spectrum: Uber drivers, Deliveroo bikers, Handy cleaners.

But the biggest share of the gig economy is actually professional and white-collar workers, who according to the RSA make up 59% of the 1.1 million gig workers in the UK (compared to 33% in trades and only 19% offering driving and delivery services). These professionals include consultants, lawyers, executive coaches, designers and IT specialists.


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The Old Line's flag laid board-flat against the marbled gray sky as crisply as if it had been pressed by a hot iron. I double checked my lifejacket, clipped the boat's kill switch onto its nylon strap and eased the 25-foot center console beyond the breakwaters of Matapeake. White caps that had rolled past Point Lookout three hours earlier continued to barrel northward toward Rock Hall. I took a quick look around, briefly questioned my decision-making faculties and then punched the throttle to get on top of the rumbling three footers.

Image: Sam Bright, right, shows off his 25-inch black crab caught on a peeler crab. He was fishing one of Maryland’s artificial reefs in the lower Chesapeake Bay with his dad Jim. (Courtesy Photo/Capital Gazette)

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internet of things

Every year IoT brings new things to biotechnology, manufacturing, home living and every aspect of our daily lives. We’ve seen it disrupt traditional industries, transform our cities and contribute to the autonomous transport of the future.

It sits in an ecosystem where machine learning, AI and data analytics help us understand our world more than ever before. At the beginning of each year, it’s tempting to make expansive predictions for the 12 months ahead.


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Entrepreneurship has long been lauded as an idyllic escape from structure for born-geniuses. It’s time to dispel the mystery clouding entrepreneurship and replace it with sound data. And who better to bring the truth than Guy Kawasaki.

This is the guy whose name is synonymous with big. He helped market the first Apple Mac line in 1984. He’s the father of evangelism marketing. He acted as advisor to the Motorola business unit of Google, served as Apple’s chief evangelist for four years, and is now chief evangelist of Canva.


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Piet Dircke is standing on the sidewalk at Amsterdam’s Schiphol Airport pointing up to the building’s second floor. Or, as he puts it, sea level. The tarmac, where planes taxi nearby, should be about four meters under water, he explains. It isn’t submerged because of more than a century of work by Dutch engineers, like Dircke, on a complex network of dikes, sea barriers, and pumping stations.  

Image: Piet Dircke (left) looks across the Nieuwe Waterweg from beneath one of the giant arms of the Maeslantkering storm surge barrier. -

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In a recent article published in the Hastings Law Journal (embedded below), Duke University School of Law Associate Professor Elisabeth de Fontenay discusses the relationship between the recent decline of IPOs and the deregulation of private capital. Professor Fontenay also spoke at the SEC’s recent Investor Advisory Committee on June 22 which discussed capital formation for smaller companies and the decline of IPOs.


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