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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.

money

Eli Lilly and Company has publicized plans to invest $850 million in the United States throughout 2017.

The media release, delivered Friday, follows a meeting between Lilly executives, federal, state and local government officials at Lilly Technology Center in Indianapolis, Indiana.

The announcement was then casually sent over the wire, not directed at anyone. Definitely not this guy.

 

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World Earth Planet Globe Spaceview Blue Space

After decades of moderate sea ice expansion, NASA is witnessing something it did not expect. Right now, the amount of sea ice in the Arctic is around as high is it will be all winter, but new records indicate this year's maximum is actually the lowest of any maximum on record. And it's not just the Arctic. NASA satellites also indicate that at the opposite end of the world, Antarctica sea ice hit record lows for the end of the summer. These records lows are not good news for coastlines around the world. Here's what would happen to Earth if all the ice melted.

 

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Marquette University

MILWAUKEE — Marquette will celebrate the grand opening of its new collaborative innovation space called 707 Hub during a special program from 3:30 p.m. to 5:30 p.m. Monday.

The space is powered by the Kohler Center for Entrepreneurship and Social Innovation Initiative and is located on the first floor of the 707 Building at 1102 W. Wisconsin Ave.

The event will include a program at 4:15 p.m. with remarks from university leadership, including President Michael R. Lovell, as well as remarks from student innovators. 

 

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Night View Urban Landscape Beijing Wangjing China

I have often jested that the main difference between the United States and China is not that one is capitalist and the other communist. Rather, it is that one is run by lawyers and the other by engineers. Nowhere is this truer than in the astonishing “catch-up” occurring on the mainland in the explosion of digital technologies and their application to the daily lives of hundreds of millions of ordinary Chinese consumers.

 

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laptop coffee

As an advisor to startups and entrepreneurs, I often hear the myth that all new businesses must start with a great idea. I have to disagree. I believe the best entrepreneurs start by finding a large opportunity, and only then use good ideas to capitalize on that opportunity. The best opportunities are recognized from painful needs, plus a growing population of customers with money to spend.

 

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apps

Landing a summer internship, even one without pay, is crucial for college students to earn a “real-world” credit that can boost a resume without much career experience. Yet most interns end up doing the menial tasks that no one else wants to do.

That’s not the case at Adobe, where the internship program in its Research division has been honed over the past decade to give interns real hands-on experience.

 

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graduates

Business school admissions are extremely competitive, with schools looking for the right mix of experience, undergraduate grades, and GMAT test scores.

But to get into the top programs, you must not only prove yourself academically capable, but also demonstrate you have certain personality traits that signal to schools you will be an exemplary business professional.

 

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NewImage

ANDREW NG HELPED create two of Silicon Valley’s leading artificial intelligence labs. First, he built Google Brain, now the hub of AI research inside the internet giant. Then he built a lab in the Valley for Baidu, the company known as the Google of China.

Ng was one of the primary figures behind the enormous and rapid rise of AI over the last five years as everyone from Facebook to Microsoft rebuilt themselves around deep learning. And on Tuesday night, he announced his departure from Baidu.

Image: Andrew Ng ARIEL ZAMBELICH/WIRED

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James Dornbrook

The University of Missouri-Kansas City’s Henry W. Bloch School of Management is set to open its new Venture Hub incubator for entrepreneurial ventures in multiple pre-launch stages.

The initiative includes a partnership with Country Club Bank, the Regnier Institute for Entrepreneurship and Innovation, and the Ewing Marion Kauffman Foundation, which will provide mentoring, training, educational resources and other services. It will launch Friday in its new building at 4328 Madison Ave. in Kansas City, which was formerly an office for Country Club Bank’s commercial and SBA lending teams.

 

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Student Typing Keyboard Text Woman Startup

I have supported friends’ crowdfunding campaigns over the years, but never envisioned crowdfunding my own entrepreneurial endeavors. Then I met Karen Cahn, creator of iFundWomen, a new crowdfunding platform just for women. Suddenly I found myself in a new world, embarking on a crowdfunding journey for my first ever consumer product — a motivational paper planner.

 

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stocks

Thanks to the JOBS Act, the average investor can get a stake in early-stage startup businesses. We're less than a year into this "new world," but that doesn't mean the space is staying static. 

In this clip from Industry Focus: Tech, Motley Fool analyst Dylan Lewis interviews Indiegogo founder Slava Rubin and MicroVentures founder and CEO Bill Clark about potential changes they see coming for equity crowdfunding in the next few years.

 

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wine bottle

You twist the bottle, or try to yank it up quickly after pouring a glass — we all struggle to drop wine bottles from dribbling down the side of the neck.

But turns out, all it took was some clever engineering to fix the perennial problem.

SEE ALSO: This mum's wine hack has taken Twitter by storm

Daniel Perlman, an inventor and biophysicist at Brandeis University has showed off a bottle with a groove cut into its lip. The groove is what stops the liquid from running down the bottle.

 

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DEEP PATEL

President Trump and the recent election cycle made U.S. relations with Mexico and Latin America a pivotal subject and has led to polarized opinions on whether the U.S. should put itself first and ignore other nations’ needs. International speaker and writer Brian Rashid thinks it’s more important than ever to unite, rather than divide, the Americas.

 

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Gender Class Training Trainer Group Sitting Sit

Giving a recent interview on my startup’s journey made me reflect on some of the important lessons I learned the hard way. Before I started my online fashion magazine ShilpaAhuja.com, I went to Harvard for my masters and also took some courses in management at Harvard Business School for my degree.

Although some of the classes focused on entrepreneurship and one of the courses focused entirely on being a CEO, nowhere did I learn these 7 things that being the founder of a startup taught me!

 

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alarm clock

Entrepreneurs are a unique breed of people. We like to do things our way and are known for our almost obsessive attraction to habits. But, there’s a good reason for that. Habits help us achieve our goals, keep us motivated, eliminates wasted time, and improve our lives altogether.

Arguably, the most important habit for an entrepreneur is their morning routine. After all, if you start your day off on the wrong foot, how productive, motivated, and focused are you going to be for the rest of the day?

 

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baltimore

On an afternoon in early February, Richard May, the head of a new Baltimore nonprofit, stands braced against the wind and sketches out a vision for West Baltimore. It begins here, on a blighted section of North Avenue not far from the Maryland Institute College of Art, where a graveyard of a public housing project, unoccupied for almost two years, is currently being torn down.

 

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dictionary

The English language can be tricky.

Homophones — words that sound alike but are spelled differently — aren't the only trap to avoid. People often use a word in place of one that sounds similar.

These malapropisms often have the unfortunate effect of making the speaker seem ignorant.

Read below to see 11 examples of words and phrases that often come out incorrectly.

 

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question

We know innovation drives corporate growth. As Strategy& reported in its 2015 survey of 1,757 executives, “innovation today is a key driver of organic growth for all companies — regardless of sector or geography.” According to that report, the top 1,000 R&D spenders invested $680 billion in R&D that year, up 5% from the prior year. Historically, R&D has been viewed as the engine of national economic growth as well.

 

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peer

What motivates people to change the way they work? When organizations introduce new processes or systems, or when they want to stimulate performance for certain business practices, they often assemble dedicated task forces, assign them specific goals, and identify deadlines and financial rewards.

 

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SSTI

Once again, more than three-quarters of U.S. venture capital (VC) dollars went to companies in California, New York and Massachusetts in 2016, according to data from the PricewaterhouseCoopers (PwC)/CB Insights’ Moneytree Report Explorer. Approximately 53.3 percent of all VC capital went to California companies, down nearly 4.4 percent from the states peak in 2014 (57.7) and down 3.9 percent from 2016. While California’s share declined, both Massachusetts and New York saw increases in their share of VC dollars invested:

 

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