Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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.

NYT: GreenMeeting the challenges of global climate change will require a more open and collaborative approach to technology innovation, according to a new report from two public policy groups focused on clean energy and development strategies.

The report — a joint effort of the Clean Energy Group and the Meridian Institute — encourages the creation of a “distributed innovation” model for renewable energy and other green technology development.
Read more ...

Kanak Gogoi, a 12th passed entrepreneur from Guwahati, has over a dozen innovations, from gravity-operated bicycle to a car which can run on air. But he regrets the government's negligence towards scientific innovations, and refuses to commercialize any of his creations.

Gogoi said, "Massachusetts Institute of Technology (MIT) offered to build a fully furnished lab for me in Guwahati. The Chief Minister had granted me about 1.6 acres of land in 2007, but the file is still lying untouched at the local administrative office."
Read more ...

Harvard Business School (HBS) says that it will hold a new business plan competition open to HBS alumni from all over the world. Qualified ventures will compete for a cash prize of $25,000.

The contest—which was formally announced online by the business school’s Arthur Rock Center for Entrepreneurship and Alumni Relations—will be open to teams that have at least one HBS alumnus. The business school said on its website that more than half of HBS alumni consider themselves to be entrepreneurs, and the school hopes that this competition, called the Alumni New Venture Contest, will become an annual event.
Read more ...

WSJWith more people emailing and fewer people sending physical mail in recent years, the U.S. Postal Service is taking steps to move into the digital world – and using a venture-backed company to do so.

Goodmail Systems Inc. has partnered with Epostmarks Inc. to launch a product, Postmarked Email, that has the approval and protection of the U.S. Postal Service.

The deal will essentially make emails handled by this service the legal equivalent of physical mail. That’s important for businesses that are seeking to cut the costs of physical mail while also improving communication with customers and become more environmentally friendly.
Read more ...

Kauffman(KANSAS CITY, Mo.), Nov. 19, 2009 – As part of Global Entrepreneurship Week (Nov. 16 – 22), the Organisation for Economic Co-operation and Development (OECD) today unveiled the first indications of how the economic slump has impacted entrepreneurship in the United States and 11 other countries in 2008 and most of 2009. The report, Timely Entrepreneurship Indicators, shows that firm formation declined and exits increased, which economists say could have significant implications for job creation.

"Our research shows that new and young firms have been the primary source of new jobs in the United States over the past three decades," said Robert Litan, vice president of Research & Policy at the Ewing Marion Kauffman Foundation, which funded the study. "While business exits are a normal part of a healthy entrepreneurial ecosystem, this study shows a concurrent increase in exits and decrease in formation throughout OECD countries as a whole. This should send a giant red flag to policymakers around the globe to pull out all the stops to encourage and support business startups so we can create new jobs and sustain a worldwide economic recover y."
Read more ...

HBPA recent Economic Times story detailed IBM's new "spoken Web" technology, which will allow users to browse the Internet and access information by speaking in their local language without having to type or otherwise use the computer keyboard. An IBM India lab is currently developing the technology and performing real-world tests with rural dairy farmers in India. The idea is that if IBM can remove barriers to accessing its enterprise resource planning technology, Big Blue may be able to unlock a large market selling ERP software to companies that source dairy and other foodstuffs from rural Indian farmers.

This sounds like a technology problem. After all, using technology to create the opportunity to sell to nonconsumers — that is, people who have been totally shut out of a market — is a classic way to build substantial new growth. But in reality, this is a business challenge.
Read more ...

WASHINGTON, DC – U.S. Energy Secretary Steven Chu today announced more than $18 million in funding from the American Recovery and Reinvestment Act to support small business innovation research, development and deployment of clean energy technologies.  In this first phase of funding, 125 grants of up to $150,000 each will be awarded to 107 small advanced technology firms across the U.S.

"Small businesses are drivers of innovation and are crucial to the development of a competitive clean energy U.S. economy," said Chu. "These investments will help ensure small businesses are able to compete in the clean energy economy, creating jobs and developing new technologies to help decrease carbon pollution and increase energy efficiency.

 

Read more ...

CNBC network, which aired an interview with Dan Senor about his book entitled “Start-up Nation: The Story of Israel’s Economic Miracle”

The interviewer opens by presenting Senor, formerly a foreign policy adviser in the Bush administration, and asking him to sum up what his book is about.
Read more ...

Henrik Fisker doesn't obsess over door handles. He doesn't focus-group his designs with soccer moms or hire a layer of vice presidents to insulate him from the day-to-day functioning of his company. Instead, Fisker--former head designer for BMW, Aston Martin and Ford--broke away from the giant automakers and their way of doing business to create a streamlined, cutting-edge carmaker based in Irvine, Calif.

Fisker Automotive has only 50 people on the payroll--versus tens of thousands for other carmakers--with most of the workload outsourced to 80 suppliers around the world and final assembly in the same Finnish plant where the Porsche Boxster is made. This coming summer, after less than three years in development, the company's first car will roll off the line: A jazzy, plug-in hybrid sports car called the Karma.
Read more ...

UPIWASHINGTON, Nov. 24 (UPI) -- NASA says it has selected 368 small business innovation projects for development from among more than 1,600 proposals.

The projects -- designed to address the space agency's technology needs -- include research to minimize the aging of aircraft, new techniques for suppressing fires on spacecraft and advanced transmitters for deep space communications.
Read more ...

ITIFRising Tigers, Sleeping Giant:
Asian Nations Set to Dominate the Clean Energy Race by Out-Investing the United States

Developing better and cheaper clean energy technology will be central to addressing climate change, securing U.S. energy independence and to the creation of new clean energy jobs. Increasingly, nations are seeking to gain competitive advantage in this rapidly growing, high-technology sector and the stakes for the U.S. are significant: will the U.S. largely be an importer of these clean technologies, and lose the jobs related to them, or can the U.S. emerge as a global leader, driving exports and high-wage jobs?

Read more ...

(11-23) 11:54 PST -- Here is my [Michael Friedenberg]  countdown of the top 10 trends to watch in 2010:

10. Social media is a reality. Drives more GRC headaches as we see it unfold on Facebook.

9. Desktop in question. Win7, desktop virtualization, netbooks, thin-client, refresh cycle. Who wins?

8. Where will nxt Heartland-style breach hit? How safe R U?

7. IT budgets flat in the U.S. but "flat is the new up."

6. Windows 7 exceeds expectations, Vista just a bad memory. Did it really happen?

5. SaaS, cloud, virt, open source, social media, netbooks, mobile, etc. offer new alternatives, gain broad acceptance.

Read more ...