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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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Marina Massingham, CEO, Aifred Health, and Laurent Waessa, Senior Business Development Advisor, Québec Government Office in New York, join BioTalk to discuss their backgrounds, Ecosystems for Entrepreneurs, and how Quebec can find partnerships in the BioHealth Capital Region

Listen via Apple http://apple.co/3lfW7q5, Google http://bit.ly/3qJm2HP, Spotify http://spoti.fi/30LaoSc, and TuneIn http://bit.ly/30JHq4Z.

 

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In just a few decades, it’s possible that some of today’s most recognized companies may no longer be household names.

Corporate longevity, or the average lifespan of a company, has been shrinking dramatically.

In the 1960s, a typical S&P 500 company was projected to last for more than 60 years. However, with the rapidly transforming business landscape today, it’s down to just 18 years.

Image: https://www.visualcapitalist.com

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Tom Still

For an economy to flourish and constantly refresh itself, new ideas, products and companies must rise to take the place of the old. It’s a phenomenon economists call “creative destruction” and it has driven the American and Wisconsin economies for generations.

Startups and scale-ups push up from below in the economy, creating most net new jobs in the United States as older companies mature, sometimes shedding jobs or shutting down.

 

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AURP Spring Training Logo

AURP Spring Training, with our theme, Reshaping the Innovation Ecosystem, takes place on Thursday's throughout April.

Research parks and innovation districts remain the resilient drivers in the world's knowledge economy.

Join us virtually for this year's Spring Training 2021, where our innovation leaders will still dive deep into discussions with C-Suite executives plus innovation pioneers to lead discovery dialogue preparing you for opportunities, and strategies for decades to come.

We are going low-tech to include informal lunch groups and roundtable breakout rooms so participants will engage openly and directly with their peers, sponsors, and session leaders.

#BuildingtheAURPNetwork #AURPSpringTraining2021

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Man putting pen to paper

Very small businesses already had tough odds prior to the pandemic. In addition to the upfront costs associated with starting a business, there is an invisible web of paperwork, regulations and zoning that can be prohibitive, particularly for those without the capital or the knowledge needed to navigate them. In response to the pandemic, some local governments have tried to ease regulations to make the entire permitting process smoother to navigate and improve mentorship opportunities for those without the requisite connections. These long-term strategies, as well as short-term rent relief programs that could survive in some form after the pandemic, could potentially lead to a more inclusive small business landscape in the years ahead.

 

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Celinne Da Costa

You’re a Hollywood celebrity with the world at your feet … nothing to worry about, right? Well – not always. 

A household name and star of a dozen comedy hits, Jim Carrey is widely known as Hollywood’s leading funnyman, yet behind his signature glowing smile is a hard truth: even the greatest performers – sometimes more of them than we think – struggle with their mental health.

 

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Wikipedia - Elon Musk

Tesla CEO Elon Musk has officially given himself a new title.

A document filed with the SEC shows that as of Monday, Elon Musk officially has the title of "Technoking" at Tesla.

The same filing shows that Tesla chief financial officer Zach Kirkhorn has also been given the title of "Master of Coin." This is an apparent reference to the television series "Game of Thrones" — or the book series it was based on, "A Song of Ice and Fire" — in which the position of royal treasurer was called "Master of Coin."

 

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sailboat

In January 2010, an “unpowered” wooden sailing vessel more than 70 years old, the Tres Hombres, arrived in Port-au-Prince carrying desperately needed earthquake relief supplies from Dutch humanitarian organizations for the people of Haiti. Although not the first contemporary version of “green logistics,” Tres Hombres — propelled by a trio of clean energy technologies: sails, wind turbines and recycled vegetable oil — epitomized the entrepreneurial spirit of today’s retro-revolutionary sail freight movement.

 

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school

Nine years ago, Katrina Hoop earned tenure at Saint Joseph’s College of Maine, a small private institution. It had been a long road to get there: Six years in graduate school, then another six on the tenure track. She committed herself to Saint Joseph’s, becoming chair of the sociology department, expanding its reach to students in crucial majors like nursing, and serving on numerous committees for the day-to-day work of the college.

With the distinction of tenure, she thought she’d earned a permanent place at the college.

But the end came quickly: Last March, as the pandemic shuttered colleges across the country, administrators at Saint Joseph’s decided to close the sociology program and others. In a letter that struck Hoop as devoid of the empathy she expected from the Sisters of Mercy institution, she was laid off, along with seven others across the campus, including a Catholic sister.

 

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I’m a very logical guy, so I still fondly remember when new solutions and technologies started trends on the basis of their logical strengths. In today’s world, it seems that emotion, not logic, sparks the new trends that become culture, and drives our devotion or disappointment in new products and brands. How does an entrepreneur best deal with that environment?

Image: https://blog.startupprofessionals.com

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