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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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For young startups and businesses, finding the capital to get up and running is one of the biggest challenges. Before delving into the seven recommendations, I would like to encourage you to always adapt your funding needs and requests to the business stage you are currently in. For example, you might ask family and friends to contribute to seed capital in the early and middle stages of getting started. However, during the growth stage, corporate finance from an angel investor or a venture capitalist is usually more appropriate. I would also encourage you to always continue applying for funds. You will be rewarded eventually and get the opportunity to build your own company!

 

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U.S. drug maker Emergent BioSolutions began speeding up its acquisition of drug supplies beginning early last year, as the coronavirus outbreak was erupting in China. In addition to producing drugs like the opioid overdose-reversing Narcan nasal spray, the firm develops vaccines and antibody therapeutics and had scored lucrative contracts for key biodefense medicines over the decades. 

Image: https://www.cbsnews.com - Video Cover Image

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The pharmaceutical industry is undergoing rapid change to meet increased global competition and the demands of its customers. As science advances, pharma’s focus has shifted from developing and making a limited number of large-volume “blockbuster” drugs to manufacturing a large number of varied therapies (e.g., personalized medicines) targeted to individual patients, patient groups, and global markets.

 

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Paul J. LeBlanc remembers the day, about a decade ago, when a public research university in New England announced that it was starting an online M.B.A. Southern New Hampshire University, where LeBlanc is president, had just rolled out its own ambitious online program and started its rise from undistinguished private institution with a few thousand students to today’s online-education juggernaut with more than 92,000 undergraduates enrolled.

Image: https://www.chronicle.com

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Health and wellness technology has received a big boost from venture capital.

“VC deal activity within this space has spiked significantly,” with $8.3 billion worth of venture capital deals in 2020, PitchBook analysts said in a new research report. That’s 70 percent more than enterprise-oriented companies within enterprise health and wellness received in 2019 — and the most venture funding they’ve obtained in at least a decade, according to the report. 

Image: https://www.institutionalinvestor.com

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Shira Ovide

This article is part of the On Tech newsletter. You can sign up here to receive it weekdays.

In the past few weeks, conventional cars have been put on the endangered list.

The electric carmaker Tesla turned its first full-year profit in its history. News broke that Hyundai has been negotiating with Apple to manufacture a driverless car. Start-ups like Rivian and Lucid are racing ahead with entirely novel ways to make vehicles. And General Motors said that by 2035, it would stop selling gasoline-powered cars.

 

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It isn't a surprising statement to say that Amazon has leveraged unique business practices and leadership perspectives over the years — ones that have enabled it to launch successful product after successful product, from AWS and the Kindle, to Prime and a studio that produces films.

You've likely read about Jeff Bezos' "two pizza rule." Or heard about how Amazon leaders spend the first 30 minutes of a meeting reading six-page memos in complete silence. With the constant coverage of the company's trajectory, there seems to be an endless appetite for more details like these — the ones that promise to spill the secrets behind the success.

 

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Creating university communities of innovation is AURP’s core expertise. And as university innovation communities evolve, AURP announces university innovation community builders’ latest professional development opportunity — Innovation U Virtual Seminars. We’ll be featuring information and knowledge about the latest trends in innovation and university districts — the why, the how-to and “the who is doing it and where?”

 

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The global pandemic has put resiliency on the agenda of every company in the world. As they cope with the seismic changes brought about by COVID-19, businesses of all sizes and types have needed to adapt to remote work, reconfigured physical workspaces, and revised logistics and supply networks. They’ve also changed operating procedures to cope with the pandemic’s risks and effects. The fallout has been enormous and has demonstrated in the clearest way the direct connection between operational efficiency and economic prosperity.

Image: https://www.mckinsey.com

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Wikipedia - Adena Friedman

From disrupter to incumbent and back—that’s been the 50-year journey of the Nasdaq (also known by its more formal name, the National Association of Securities Dealers Automated Quotation system). It was the first electronic market exchange when it launched in February 1971; it later established itself as the listing home of technology lions such as Apple and Microsoft; and now, Nasdaq itself is a provider of market technologies, such as data and analytics services, for other exchanges worldwide.

Image: Wikipedia - Adena Friedman

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There is no clear demarcation between anyone’s public and private worlds. What goes on in our personal life affects our professional life, and vice versa. As problems crop up in either sphere, it can often feel like a quagmire, leaving many of us unsure what to do about the predicament.

Image: https://knowledge.insead.edu

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