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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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This invitation-only event is free for executive level biotech leaders and is presented by BioHealth Innovation, VirginiaBio, Children’s National Health System,  Maryland Tech Council, Hemoshear Therapeutics, Maryland Department of Commerce, Quality Biologics Johns Hopkins University, University System of Maryland and MedImmune/AstraZeneca. Maryland, Virginia, and Washington, DC set the bar high for biotech innovation. So please join us for our Annual BioHealth Capital Region Forum that will highlight the accomplishments of today and chart our successes of tomorrow.

 

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(CNN) This is the extraordinary tale of how a massive, strange-looking fish wound up on a beach on the other side of the world from where it lives.

The seven-foot fish washed up at UC Santa Barbara's Coal Oil Point Reserve in Southern California last week. Researchers first thought it was a similar and more common species of sunfish -- until someone posted photos on a nature site and experts weighed in.

Image: The hoodwinker sunfish was found on a beach in California. - https://amp.cnn.com

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IDAHO FALLS, Idaho — The Idaho National Laboratory continues to be a major contributor to the state's economy, according to an annual report.

The INL Fiscal Year 2018 Economic Summary takes a look at a variety of economic impacts the eastern Idaho facility has on the region.

Some of the highlights include:

•INL's total economic impact exceeded $2 billion in Fiscal Year 2018, a 6.4 percent increase over the prior year. •INL directly employed an average of 4,349 workers during the fiscal year. That makes INL contractor Battelle Energy Alliance (BEA) Idaho's sixth-largest private employer and ninth-largest employer when compared to all public and private businesses. •INL spent more than $148 million with Idaho businesses. •BEA contributed $618,700 in charitable giving, technology-based economic development grants and K-12 STEM giving.

Image: https://www.ktvb.com

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Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) are the principal set-aside programs for small business participation in federal research and development funding, yet the requirements for administering and managing these programs have not changed significantly in decades.

To keep pace with discovery in science and technology worldwide, DARPA now intends to release SBIR/STTR opportunities on an out-of-cycle basis, separate from the three pre-determined announcements traditionally issued directly through the Department of Defense (DoD). The change is expected to reduce the overall time from opportunity announcement to contract award.

Image: http://www.spacedaily.com

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success

Regardless of your definition of success, there are, oddly enough, a great number of common characteristics that are shared by successful businesspeople. You can place a check beside each characteristic that you feel that you possess. This way, you can see how you stack up. Even if you don't have all of these characteristics, don't fret. Most can be learned with practice and by developing a winning attitude, especially if you set goals and apply yourself, through strategic planning, to reach those goals in incremental and measurable stages.

 

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maze

We live in an age of unprecedented access to information. To buy the right phone, find the best tacos, or hire the perfect employee, just hop online and do as much research as you need before choosing. Having so much information at our fingertips has made us more knowledgeable than ever before.

 

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FARGO — North Dakota State University is launching a new research institute that will focus on trade, global innovation and economic growth.

Gov. Doug Burgum, joined by NDSU president Dean Bresciani and other university officials, announced the $50 million Sheila and Robert Challey Institute for Global Innovation and Growth on Thursday, March 7. The institute will draw from different fields to explore questions about economic policy and broadening human potential.

Image: Robert Challey speaks at the announcement of a new $50 million research institute at NDSU on Thursday, March 7. The institute will draw from many academic disciplines tackle research on economic policy and innovation. Robert Challey and his wife Sheila, who are longtime benefactors of the university, have committed to contributing $10 million. Alyssa Kelly / WDAY News

 

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Nearly three-quarters of all research and development was performed by the private sector in fiscal year 2016, though this share differed greatly across the states, according to an SSTI analysis of recently released data from the National Science Foundation’s National Center for Science and Engineering Statistics (NSF NCSES). Delaware showed the greatest concentration of business R&D (90.5 percent of all R&D in the state), while Tennessee had the most diversified R&D portfolio with a roughly even distribution of R&D performed by businesses, higher education and federally funded R&D centers (FFRDC’s). The interactive chart below shows the breakdown of performers of research and development for each state.

 

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Blue-blooded and armored with 10 spindly legs, horseshoe crabs have perhaps always seemed a bit out of place.

First thought to be closely related to crabs, lobsters and other crustaceans, in 1881 evolutionary biologist E. Ray Lankester placed them solidly in a group more similar to spiders and scorpions. Horseshoe crabs have since been thought to be ancestors of the arachnids, but molecular sequence data have always been sparse enough to cast doubt.

Image: https://scienceblog.com

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Each year, the approach of spring fills Scott Yates with a familiar sense of dread. The lengthening days and warmer weather are both signals that Yates—along with millions of U.S. residents—will soon be forced over an annual hurdle: shifting the clocks forward at the start of daylight saving time.

The impacts of this change, and the paired “falling back” of the clocks in autumn, run from mild annoyances to potentially severe consequences, including higher risk of heart attacks, fatal car crashes, and harsher judicial sentences. Yet with many business interests siding with the annual observance of daylight saving time—often incorrectly called daylight “savings” time—the pesky time change persists across most of the United States.

 

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business women

TAMPA, Fla. (FOX 13) - The Bay Area ranks top in the nation for female entrepreneurs, and it’s a status to celebrate on International Women’s Day.

Women who own businesses in St. Petersburg shared with FOX 13 the triumphs and struggles they went through to become successful.

“Here, we try to make it a women’s club. We don’t exclude men, but we have some really hard working women here,” said Leslie Ciccone, the owner of the dessert bar Sway-Reh.

 

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It's widely agreed that we need more entrepreneurship for economic growth and a higher standard of living. But more is not always better.

In fact, there can be too much of a good thing, in entrepreneurship as in so many other things. The reason is that economic growth comes from successful entrepreneurship that is also productive. And not all entrepreneurs who earn profits contribute to economic growth if they have unproductive -- or, worse, destructive -- effects on the economy.

 

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Jerry Merryman Co Inventor of the Pocket Calculator Dies at 86 The New York Times

Jerry Merryman, a self-taught electrical engineer who helped design the first pocket calculator, died on Feb. 27 in Dallas. He was 86.

His wife, Phyllis (Lee) Merryman, said the cause was heart and kidney failure. He had been hospitalized since late December for complications arising from surgery to install a pacemaker.

In 1965, two years after he joined the electronics maker Texas Instruments without a college degree, the company asked Mr. Merryman and two other engineers to build a calculator that could fit into a shirt pocket.

Image: Jerry Merryman, right, with a fellow co-inventor of the pocket calculator, Jack Kilby, at the American Computer Museum in Bozeman, Mont., in 1997. The third inventor was James Van Tassel. Mr. Kilby received a Nobel Prize for his work on integrated circuity.CreditCreditPhyllis Merryman, via Associated Press

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solitude

Whether you’re starting your own business or managing a startup, there are plenty of stresses that are you going to weigh on you as an entrepreneur. The day-to-day grind of your company, coupled with concerns over its long-term growth, can wear you down if you’re not careful. You don’t want to burn out just as you’re starting to get momentum and you don’t want to feel overwhelmed by stress when you should be focused on new opportunities. Here are 9 tips to handle the stress of being an entrepreneur that you need to keep in mind.

 

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mobile

Since its inception, the automobile has been a flashpoint for technological, economic, and social innovation, doing as much as any human invention to change how people live—largely, but not always, for the better. Now it’s time to buckle up again: the levels of disruption coming over the next dozen years are likely to exceed those of the previous 50 or more.

While much uncertainty remains about how, exactly, mobility’s “second great inflection point” will unfold, many of the critical building blocks, and their potential, are becoming clear.

 

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LOUISVILLE, Ky. — Poplar Ventures today announced the launch of a new venture capital fund, Poplar Ventures L.P., focused on investing in early growth stage, cloud based software technology companies in middle America. The initial closing raised $17 million, with plans for a final closing in the second quarter of this year.

Poplar Ventures is led by Founder and Managing Partner, John Willmoth, a veteran corporate development executive and investor in numerous technology based companies throughout his career.

 

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women

Israel’s thriving innovation scene is (slowly) seeing more women innovators taking leadership roles.

On a global level, women remain underrepresented in these sectors. In Israel, specifically, women hold just 12 percent of top positions at companies traded on the Tel Aviv-125 Index and only seven percent of executives in technology companies are women, according to a Haaretz report.

 

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Entrepreneurs need to wear many hats and be familiar with a wide range of skills. Depending on what stage of development your business is in and which team members you have supporting you, you may need to play the role of team leader, sales executive, accountant, and product development lead — all in the same day.

While general business and management skills are the best “all purpose” skills to master, it also helps to have secondary skills ready to go for various applications. Among these, you may consider learning how to program.

Image: https://smallbiztrends.com

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Which cities lead the nation for women founding venture backed startups

International Women’s Day is this week, and millions around the world are mobilizing to celebrate womanhood and promote women’s rights. Unfortunately, there’s perhaps less to celebrate for women in the venture capital industry and the high-growth startups it supports. In 2017, just 16 percent of venture capital funding in the United States went to startups with at least one female founder, and only 2.5 percent went to companies with all female founders.

Image: https://www.brookings.edu

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