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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

NEW YORK, June 8, 2016 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE:  ARE), a real estate investment trust uniquely focused on world-class collaborative science and technology campuses in urban innovation clusters, today unveiled plans for Alexandria LaunchLabs™ at the Alexandria Center® for Life Science – New York City and the Alexandria Seed Fund to address the critical needs of New York City's life science ecosystem. Alexandria LaunchLabs and the Alexandria Seed Fund will provide affordable, full-service commercial laboratory/office space and capital resources specifically designed to dramatically accelerate translational research out of New York City's world-class academic laboratories.

 

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seedling

Large established firms increasingly rely on external sources for innovation. One way these firms are seeking to foster innovative activity is via corporate venture capital programs.

According to the National Venture Capital Association (NVCA), established firms invested more than US$4 billion in venture businesses in 2014, representing more than 10% of all venture capital investments in the US during the year.

 

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Neal Samudre

The first week that I went full time with my business was a scary week. Actually, it was a terrifying week.

My expectation was that as soon as the week started, I would make money. Instead, I ended the week with -2,000 dollars. That’s right—that’s a negative sign in front of that 2,000.

I found that whenever people get scared, they revert to back to bad habits and wrong ways of thinking. Everything becomes twisted and distorted, and they can’t tell reality from fiction any more. The whole experience can be jarring.

 

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Network Society Social Community Cooperation

Whatever you’re thinking…think bigger.

That’s probably lesson #1 for anyone who wants to think, plan, execute and win like an entrepreneur. While there’s no limit to ‘thinking big’, there are other aspects that you need to keep in mind before taking the plunge.

Here are 5 common mistakes people make when they listen to their inner entrepreneur.

 

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Arlen Meyers, MD, MBA

Doctors spend up to 15-20 years in education and training. Some train for longer than they practice. In many instances, they make more money than 99% of the world's population.

So, given the time, emotional commitment, energy, income, and debt obligations, it is easy to understand the high opportunity costs of leaving clinical practice to pursue physician entrepreneurship. But, for too long, physicians have been disintermediated or ignored as critical parts of the sick-care innovation supply chain.

 

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question

What happens when you put a group of experienced, high-powered champions of innovation and a bunch of MIT students with crazy-smart technology ideas in the same room? Short answer: They learn from each other. Longer answer: the new MIT Sandbox Innovation Fund.

Launched last January, MIT Sandbox is a new program for all MIT students that provides mentoring, customized educational experiences, and seed funding of up to $25,000 for new ideas. The program is structured to accommodate students who are at different stages along the spectrum of completion with their ideas, so that as they progress they become eligible for higher levels of financial support.

 

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Office Office Desk Laptop Desk Business Room Work

Transitioning to a management position for the first time is incredibly exciting, but it can also be scary and nerve-wracking from the outset. Those who become managers for the first time encounter a myriad of myths and misperceptions that can lead to mistakes in the early days. But it doesn’t have to be that way. There are expert tips for new managers you can use to build and manage a team better.

 

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Piero Formica

Intangible assets are under the spotlight in the cities that promote the entrepreneurial renaissance. From its logo to artistic assets and corporate brands, the city communicates its excellence by relying on language skills to raise productivity and competitiveness of the economy. English is the natural candidate, having won the primacy as a communication medium to compete in international markets, create businesses and interact in digital networks. The fortunes of a language can be traced in the ecology of the species that inhabit a community. From an economic point of view, growth fuelled by discoveries, inventions and innovations results in successful, universally recognized, entrepreneurial species whose popularity spreads worldwide the use of their language. The ecology of the species born from the Internet has been instrumental in promoting the supremacy of English. The economic growth fed by the English status as lingua franca wipes out the use of an increasing number of words in a language different from the dominant one, which eventually withers away so as to run the risk of marginalization and disappearance. It is estimated that this is a worldwide phenomenon, which is alleged to be carrying out a systematic attack on 7,000 known languages (Underwood, 2014)

 

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Emily Canal

When people think of the places with strong innovation potential, California, and its Silicon Valley, usually comes to mind. But how about Utah?

According to new research from WalletHub, independent inventors in Utah produce more patents per capita than their counterparts in California. That and other factors make those states two of the 20 best in the nation for innovation. 

 

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Tropical Beach Swing Tree Branches Leaves Sunshine

Europeans may spend the entire month of August at the beach, but Americans tend to think of vacations as week-long events at most. The average full-time worker gets 10.2 paid vacation days after 3 years on the job, according to the Bureau of Labor Statistics, and even professional workers with a decade of service average just 16. But even with that limited time off, most people won’t take most of it at once because they worry about the ramifications if they do.

 

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NewImage

The next Kendall Square just might be located in Allston.

The gritty Boston neighborhood, across the Charles from Harvard University’s main campus, is the site of various construction projects aimed at building up an innovation epicenter over the next five to 10 years. Just don’t tell Jodi Goldstein about the Kendall comparison.

Goldstein (pictured), the head of the Harvard Innovation Lab, believes the neighborhood will become a hub that’s broader in terms of sectors and talent than Kendall Square. At least the Kendall of today, which is dominated by biotech and pharmaceuticals.

Image: http://www.xconomy.com

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NewImage

World growth is flatlining. The OECD has revised down its forecast to just 3 per cent for this year, the same as 2015. The Paris-based body believes last year’s five-year low could be repeated. Governments call forth the entrepreneurs — but they focus too much on start-ups and not enough on scale-ups. Almost all countries now hail entrepreneurship as vital to the economy. Many give tax breaks and other incentives.

Image: http://www.ft.com

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NewImage

Infrastructure investment is a hot topic and the focus of that discussion tends to lean towards transport infrastructure over other categories (like energy or water for example). When it comes to transport, trains seem to feature prominently on the wish lists of big investment or ‘nation building’ projects. But how far could billions of dollars in new rail infrastructure actually go in improving congestion across our cities?  Will cars inevitably win? If so, why?

Image: http://www.newgeography.com

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work at home

Working from home sounds like an idyllic situation, in theory: You can roll out of bed each morning (or afternoon, even) and get started on your day without having to dress up, brave traffic, or engage in mindless chit-chat around the communal coffee machine.

However, not going into an office every day presents its own set of challenges, like determining how to separate your home life from your work life, and making sure you’re feeling connected to your colleagues and clients, among other things.

 

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interns

It's often not a glamorous job, but being an intern is still one of the best ways to get the experience that might lead to your first job. Securing a good internship, however, can be as hard as finding the golden ticket for a tour of Willy Wonka’s chocolate factory, says Michaeline Shuman, director of career development at Susquehanna University.

"The competition is fierce; nearly every college student wants at least one internship before they graduate," she says. "Even first-year students apply for internships now to test the waters of a particular field and start gaining marketable skills and experience."

 

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NewImage

Just four months after scientists announced the first detection of gravitational waves — ripples in space time that could help us learn about mysterious objects such as black holes — researchers from the European Space Agency have taken a vital step toward catching some for themselves.

On Tuesday, the team behind the Laser Interferometer Space Antenna (LISA) Pathfinder mission, the prototype of a spacecraft designed to detect gravitational waves from space, announced a record-setting free-fall test. The test, described in a Physical Review Letters study published Tuesday, showed that the spacecraft's golden innards are capable of experiencing the closest thing to free fall ever observed in a man-made object.

Image: Artist's impression of LISA Pathfinder. (ESA–C.Carreau)

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NewImage

Equity crowdfunding is now legal in the United States. Four years in the making, Title III of the Jumpstart Our Business Startups Act (JOBS) finally entered into force on May 16. Before this, the masses had access to only what amounts to donations-on-steroids provided by Kickstarter et al., with SEC-accredited investors calling Droit du seigneur ownership arrangements.

Image: http://techcrunch.com

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Jules Schroeder

If you’ve heard of crowdfunding, you’ve no doubt seen the heroic campaigns that manage to raise millions in just 30 days, exceed their goal by five thousand percent, and ascend to celebrity stardom on social media.

If you ask me, saying “yes” to humble, transparent companies with homestyle videos has some serious appeal. No doubt that’s why over $16.2 billion was raised through crowdfunding in 2014.

 

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