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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.

STEPHEN KEY

Like everyone else, I discovered that figuring how out to support myself while doing something I truly enjoyed was going to be difficult. I knew at a young age that I needed to find something that motivated me -- something that would challenge me for an entire career.

Life seemed too short to do anything that didn’t give me satisfaction. I feel like I got lucky: At my first "real" job, when I was 27, I had the good fortune of being introduced to the concept of product licensing. Companies would rent my ideas, I discovered, if they were good enough.

 

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Around the time the millennial generation started flooding the workforce, alarms were sounded. Managers were told to be wary of these 20-something new hires, who were likely to jump ship at the first whiff of something better. More recently, however, studies have started to dispel the myth of the itinerant millennial. Using data from the U.S. Bureau of Labor Statistics, for example, the website FiveThirtyEight.com has shown that millennials change jobs less frequently than gen Xers did at the same age.

Image: Illustration by Karolin Schnoor

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FLC National Awards Logo

Nominations are now being accepted for the 2016 FLC awards. One of the most coveted honors in the technology transfer field, the FLC awards have been presented to over 200 federal laboratories since their inception in 1984. To reflect the diversity in scope and number of technology transfer efforts undertaken by federal laboratories and their partners, seven categories of awards will be presented.

 

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Map of tech companies in Silicon Valley. Photo credit / source: tellerallaboutit.wordpress.com

What matters the most in investing is the time when you exit. Loss or profit depends upon when you exit. If you can identify the bubble bursting, you can safely walk out of the market well before it happens. The tricky question is how to identify the market before it's blowing up. Investors, who made and lost money in dotcom bubble, fear that history may be repeated for the current tech bubble though the damage wouldn't as much as it was in dotcom crash.

 

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SILICON VALLEY -- Entrepreneurs and venture capitalists are bringing the Silicon Valley vibe to cities around the globe.

Los Angeles is fast becoming a key city for Internet-related businesses. In June, about 2,000 entrepreneurs and venture capitalists gathered at a luxury hotel in Marina del Ray there. Snapchat, a short-term photo-sharing app provider, and TrueCar, which operates a website that posts price comparisons for automobiles, are based in Los Angeles. LA's beautiful seaside location of Santa Monica is now known as Silicon Beach.

Image: Entrepreneurs and venture capitalists gather at a networking event in Silicon Beach. - http://asia.nikkei.com

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cell phone

A few years ago, I was struck by a study of Disney parks: the company had hired a team of analysts to figure out what kids found most absorbing about their theme park. Was it Mickey and Minnie? Cinderella’s castle? Space Mountain?

No. It was their parents’ mobile phones. Because the parents were always staring at them, the kids wanted to as well – even surrounded by spinning teacups, growling pirates, and giant mice. There was a noisy, colorful world going on around them – but both parents and children were mainly interested in the tiny, quiet world unfolding inside the glowing glass rectangle.

 

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Andrew Freedman

Steep cuts in greenhouse gas emissions could lessen the threat that sea level rise poses to iconic American cities during the coming centuries by more than half, according to a new study published Monday.

By contrast, if emissions were to follow a so-called "business as usual" trajectory, between 14 to 33 feet of global average sea level rise would be locked into the climate system, submerging land that is currently home to between 20 and 31 million Americans, including in more than 20 cities with populations of 100,000 or more, as well as the majority of residents in many smaller cities, the study found.

 

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Boeing has released a video showcasing its revolutionary microlattice, "the world's lightest material." The microlattice is a "3D open-cellular polymer structure" and is made up of interconnecting hollow tubes whose outer walls measure just one-1,000th the width of a human hair.

The material is one-100th as light as Styrofoam, making it the lightest and also one of the strongest materials known to science.

Image: http://www.businessinsider.com

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athlete

Athletes who became business successes have passion, resilience and leadership skills. Lessons learned from sport can help in business.

Of course not every star athlete will make it in the corporate world; for every George Foreman or Michael Jordan there are hundreds of thousands of former sports players who fail to make the shift. But those who do, possess skills and personality traits as valuable to the boardroom as the playing field.

 

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Paddy Padmanabhan

At Advamed2015, the Medtech industry seemed to be looking to go beyond selling 'widgets' in a fee-for-service world, and become more of solution providers, while embracing the growing consumerism sweeping across healthcare. However, there are significant challenges the industry faces today.

 

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Brad Feld

When I was 14, my dad gave me a copy of Alvin Toffler’s book The Third Wave It blew my fucking mind. I then read the prequel – Future Shock – which was good – but since my mind was already blown, it was anticlimactic. If you don’t know the arc of Toffler’s waves, they go as follows:

 

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Don’t assume that all investors are the same, just because their money is always the same color. Every entrepreneur should do the same due diligence on a potential investor that smart investors do on their startups. Check on their track records, values and management style. Taking on an investor is a long-term relationship, like getting married, that has to work at every level.

 

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DANIEL DIPIAZZA

Did you watch The Lion King growing up?

Trick question…of course you did.

I liked that movie because it wasn’t all fairytales and rainbows. Dude…Scar was a bad mofo. Definitely a gangbanger of the animal kingdom.

Scar straight up killed his brother, then shamed his nephew into exile AND tried to get with his sister in law. OG.

 

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ZECHARIAH NEWMAN

Entrepreneurship is a land of risk and reward where most of your traditional work boundaries have been removed. No one tells you how to work, how long and how hard to work or how much you can make. There are, in fact, a million advantages to the freedom of entrepreneurship.

 

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Global consulting firm Accenture has published research reflecting on how difficult it is for big corporations to incorporate an innovation culture: One that not only embraces change, but empowers it to thrive. Accenture  did a survey of 1000 large companies, along with a poll of 1000 entrepreneurs and unsurprisingly “too often large companies remain stuck in the early stages of (collaboration)”.  The risk, according to Accenture, is $1.5 trillion in additional economic growth.

Image: http://www.crowdfundinsider.com

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Deep (slow-wave*) sleep, which helps retain memories in the brain, may also strengthen immunological memories of encountered pathogens, German and Dutch neuroscientists propose in an Opinion article published September 29 in Trends in Neurosciences.

The immune system “remembers” an encounter with a bacteria or virus by collecting fragments from the microbe to create memory T cells, which last for months or years and help the body recognize a previous infection and quickly respond. These memory T cells appear to abstract “gist information” about the pathogens, allowing memory T cells to detect new pathogens that are similar, but not identical, to previously encountered bacteria or viruses.

Image: http://www.kurzweilai.net

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A realistic 3D-printed robotic finger using a shape memory alloy (SMA) and a unique thermal training technique has been developed by Florida Atlantic University assistant professor Erik Engeberg, Ph.D.

“We have been able to thermomechanically train our robotic finger to mimic the motions of a human finger, like flexion and extension,” said Engeberg. “Because of its light weight, dexterity and strength, our robotic design offers tremendous advantages over traditional mechanisms, and could ultimately be adapted for use as a prosthetic device, such as on a prosthetic hand.”

 

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Nobel Peace Prize Is Awarded to National Dialogue Quartet in Tunisia The New York Times

LONDON — A coalition of labor union leaders, businesspeople, lawyers and human rights activists won the Nobel Peace Prize on Friday for what the Nobel committee called “its decisive contribution to the building of a pluralistic democracy in Tunisia in the wake of the Jasmine Revolution of 2011.”

The prize to the coalition, known as the National Dialogue Quartet, comes nearly five years after an unemployed street vendor set himself on fire, touching off a political earthquake that toppled Tunisia’s longtime authoritarian president and proceeded to reverberate throughout the Middle East and North Africa.

Image: http://www.nytimes.com

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