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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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Medical billing records are full of curious designations and interesting facts — including which types of injuries are unusually common in which states.

Across the US, open wounds and bruises are the most commonly reported injuries. But Amino — a company that aims to use big data to match patients up with doctors —  combed through insurance claims data to find the unique injuries that crop up unusually often in each state.

Image: https://www.statnews.com

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For the past two weeks, I have been based at Impact Hub Accra to assist the team with business development as well as conducting research as part of my master’s in African Studies at Leiden University. As similar hubs continue to emerge across the continent, I seek to investigate the role hubs and innovation centres play in facilitating the pathways of its members.

 

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Caroline Weinberg, a science writer and one of the march’s organizers: It’s

Scientists are no strangers to having their work questioned by lawmakers, and now they are fighting back.

On April 22, scientists and their supporters will hold a March for Science to advocate for science and evidence-based research in policies. The main march will be held in Washington, D.C., and satellite marches will be held in other cities, as they were with the Women’s March the day after the inauguration. And the march’s organizers say they aren’t just fighting for more funding for science, or more influence in policy, but also to raise awareness about the type of research they’re doing.

Image: Courtesy of Caroline Weinberg - Caroline Weinberg, a science writer and one of the march’s organizers: It’s "time for everyone to get on board."

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It may come as a surprise that Americans are less likely to start a business, move to another region of the country, or switch jobs now than at any time in recent memory. But dynamism is in retreat nationwide and in nearly every measurable respect.

Image: http://eig.org/

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Berlin The Reichstag People Silhouette Mirror

I’m a big believer in people playing to their strengths, and this includes product team members and others involved in innovation. Not everyone has the same strengths – if we did, that would be a bit boring. Realizing how people approach innovation and their strengths is something Tamara Kleinberg accomplishes. She created a tool, the Innovation Quotient Edge, for identifying your innovation strength, which is why I interviewed her to learn more.

 

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Comic Characters Einstein Man Science Scientist

I ’ve recently been thinking about this: There are a lot of Americans who don’t know a single scientist.

This is one of our biggest failures as a community. When we March for Science in April, we’ll be fighting for our right to freely communicate with the people whose taxes fund our work and the legislators who we hope will use our work to inform policymaking. But we haven’t done a good job of actually communicating with people about what we do.

 

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innovation

Visitors to the Crosspointe Rolls-Royce facility in Prince George County, Virginia, have to don safety glasses and steel-tipped shoes, just as they would at any traditional factory. But then things start to look different. Past the cubicles filled with programmers and support staff sits a 140,000-square-foot factory with spotless white concrete floors, bright lighting, surprisingly quiet equipment, and very few human beings.

 

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Second Annual Crab Trap Application

You thought the Shark Tank was tough? The second annual BioHealth Capital Region Crab Trap is now accepting applications!

Submit your application for a chance to be named the company with the most commercial potential at the BioHealth Capital Region Forum.

Deadline for entries is March 24th - Finalists will be announced by April 6th

 

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Sean Ainsworth RetroSense

Led by a team of seasoned veterans, RetroSense Therapeutics was founded in 2009 to develop a new gene therapeutic approach to vision restoration. Its flagship innovation, RST-001 is a novel gene therapy for the potential treatment of Retinitis Pigmentosa (RP). Its innovations are addressing some of the leading causes of blindness in the world. The approach was invented in Detroit at Wayne State University, and the company chose to grow in Ann Arbor.

Recently, RetroSense secured FDA clearance to begin human clinical studies of its therapy. Last year, the company raised a $7M Series B, including investment from outside of Michigan.

Most notably, RetroSense was acquired by Allergan, a leading global pharmaceutical company. Allergan bought virtually all of RetroSense’s assets for $60 million cash up front with additional, undisclosed funding to follow based on the company achieving key development and commercialization milestones.

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Lawn guru logo

From its headquarters in Ann Arbor, LawnGuru is building a better platform for outdoor services, specifically lawn and snow. It allows customers to get the services they need, when they need them, versus the traditional model where a provider comes out weekly, or at some other set interval, whether or not they need service. By allowing the customer to easily request, skip and pause service, LawnGuru users can save up to 30% each year.

For providers, LawnGuru improves several backend operations. This includes delivering quotes, automated payments, improving route density and tackling customer support. This helps small and midsize landscape businesses focus on the work that actually earns money. And it’s paying off -- the average LawnGuru provider adds $700 to their weekly revenue, and in some cases, much more. This past summer one Michigan provider earned an additional $80K through the platform.

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Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. It’s no wonder that half of startups fail in the first five years, and an even smaller percentage ever see a return for their years of effort. Most new entrepreneurs assume their passion will attract and motivate the right team members.

 

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Ever sunk your teeth into juicy chicken wings? Have you ever felt the need to satiate your taste buds with a taste of a piping hot zinger burger? Well you would have, if you’ve ever been to KFC. A haven for foodies, there’s lot to take away from KFC other than just the mouth-watering taste that lingers at the tip of your tongue and the hearty feeling of a full stomach. Behind the freshness and the crunchiness of the chicken that we bite into are years of sweat and blood, shed by Colonel Sanders.

Image: http://yourstory.com

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AI expert predicts humans will marry robots by 2050

Some fear robots are coming for our jobs, others think they're going to take over the world, but one expert believes they'll more likely be taking our hands in marriage as he predicts humans will wed their robot lovers by 2050.

Author of 'Love and Sex with Robots', Dr David Levy, revealed that with the advancements in robotics and artificial intelligence the sight of a humanoid taking conjugal steps will be commonplace within the next 35 years.

 

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Newly unveiled startup Morphic Therapeutic hopes that it’s solved some of the technical challenges that have hindered integrin-targeting therapeutics. It’s got more insight into their mechanism of action--as well as a novel structural approach that could enable a small molecule, oral version of what has previously only been injectable biologics.

Image: http://www.fiercebiotech.com

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Bacon Meat Pork Food

Americans are eating so much bacon these days, our reserves of the fatty meat are at the lowest levels seen in half a century. According to the non-profit Ohio Pork Council, inventory of frozen pork belly dropped to 17.8 million pounds in December, which means we aren't going to run out any time soon, but prices will likely rise for the breakfast staple. But this news might be a good moment for Americans to reflect on their bacon habit. In 2015, the World Health Organization's cancer agency found that processed meats like bacon cause colorectal cancer, making headlines and disappointing bacon lovers everywhere.

 

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When the tech industry gathered at an annual awards ceremony in San Francisco on Monday night, the digs at President Trump—and tech executives who have been meeting with him—came early and often. By the time the ceremony was halfway over, the industry insiders who had been presenting and receiving awards had referred to the 45th President as one of America’s greatest trolls and the puppet of a white supremacist. Actress and comedian Chelsea Peretti, who hosted the event known as the Crunchies, started off by calling him “a little more evil” than tech “villains” like Uber CEO Travis Kalanick, who recently said he would resign from a business advisory board serving Trump after his employees repeatedly asked him to quit.

 

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It may come as a surprise that Americans are less likely to start a business, move to another region of the country, or switch jobs now than at any time in recent memory. But dynamism is in retreat nationwide and in nearly every measurable respect.

Image: http://eig.org

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people

A new survey suggests that for their transformations to succeed, organizations need employee buy-in at all levels, consistent communication, and better people strategies.

Organizational transformations are hard work, and according to the latest McKinsey Global Survey on the topic,1 companies are no more successful at overhauling their performance and organizational health than they were ten years ago.2 A particular blind spot seems to be the failure to involve frontline employees and their managers in the effort.

 

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