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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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The benefits of taking your business digital are mostly about agility — and newcomers, especially small and medium-sized enterprises (SMEs), need to safeguard that agility carefully.

One aspect of agility is mobility. If your employees aren’t chained to their desks but can access all the systems and information they need, from wherever they are, that can increase productivity dramatically. If you can’t check your stock, place an order and confirm a delivery date before the end of a meeting with a client — be sure that one of your competitors can.

 

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Venture capital execs discuss where they see opportunities in the cloud and container space. They believe investors should take a long-term view, not chase hype.

There is no shortage of hype in the cloud and in container technology today, but is there any money to be made in new startups that are now entering the space? That's the question a group of venture capitalists attempted to answer during a panel discussion on Aug. 27 at the OpenStack Silicon Valley event.

Image: http://www.eweek.com

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Market turmoil that sent stocks plunging down and shooting back up has some tech investors and entrepreneurs keeping a watchful eye on Wall Street, as a reminder that the good times won’t last forever.

“It’s a reminder to people that the music can stop at any time, you’ve got to be building it the right way,” said Nick Rellas, chief executive of alcohol delivery startup Drizly. “We operate our business under the assumption that the money we have in the bank is the last money we’ll ever have.”

Image: http://www.bostonherald.com

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The need for measures is evident across governments and in the field of public policy monitoring and evaluation. To make the case for particular policy strategies and to monitor their peers, decision makers increasingly rely on numbers, charts and rankings. In the field of entrepreneurship, we are seeing new efforts to quantify public policy performance and compare it with the goals of other governments as well as against other countries.

Image: http://www.kauffman.org 

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money

It’s the moment you’ve been waiting for: Your boss calls you into her office, compliments your stunning work as of late, and awards you a fancy new title and some exciting, powerhouse responsibilities to go along with it (hooray!).

There’s just one teeny, tiny catch—the company can’t afford to give you a raise right now. This became an all-too-familiar story during the recession, and it’s still common today as businesses cut costs while trying to maximize their talent, says Dan Schawbel, bestselling author of Promote Yourself and Me 2.0. "A promotion (without a raise) is an easy way to not spend more immediately while still pleasing the employees," Schawbel says.

 

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I sit on the Governor’s Science and Technology Council, which was reinstated by Gov. Mary Fallin, to help move the state forward in areas of science and technology. Many council members are successful entrepreneurs. We also have scientists, educators, investors and economic development leaders. Together, we pretty much cover every aspect of the innovation economy in Oklahoma.

 

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exercise

Being physically active has a lot of health benefits, but the latest research questions whether it can help the brain

Exercise can help the heart, lower the risk of diabetes, keep blood pressure in check and help you maintain a healthy weight. But researchers say you shouldn’t expect it to keep your brain alert.

 

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success or fail

You are not able to stand still in this fast paced business environment, but most of the time innovation fails. Innovation process-expert Robert Cooper shows that of every seven new product/service projects, about four enter development, 1.5 are launched, and only one succeeds. Innovation is so difficult to master, indeed. I love to share with you five reasons why innovation goes wrong and give you ten ways to reduce your failure rate of innovation.

 

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I recently made a couple of tweets/Facebook posts pointing out that market declines threaten California’s budget surplus. I referenced articles in the WSJ and Bloomberg, and I thought the observation was non-controversial—almost banal.

So I was surprised at the feedback. One person asked why. Another said it doesn’t mean anything until holders of declining assets cash out. Yet another pointed out that the wealthy were back to where they were eight months ago. Finally, one said we wouldn’t know of the impact until after the end of the next budget year.

Image: http://www.newgeography.com

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wearable technology

Athletes today use increasingly complex technologies to enhance performance.

We have seen considerable leaps forward in sporting performance as a direct result of technology either used during competition or in training. The big question is which technology has had the biggest impact on its respective sport?

 

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change

Casinos know it. So do the retailers where you like to shop. There are hidden behaviors that all people have, but are not aware of. For instance, it is human nature to prefer to have pleasure now, than later. Also, people are overly optimistic and make decisions on feelings versus cognitive calculations. And the big whammy of them all, we would rather not lose something, than gain something better.

 

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Meta S. Brown

Everybody talks about innovation these days, but the word is used so lightly. Every new app, gadget or product feature is now “innovation”. A few decades ago, “innovation” implied a life-changing advance in technology: the transistor, the computer, space flight. Does it mean anything that we speak of innovation more casually today than we did in the past century? Maybe.

 

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Lihadh Al Gazali, professor and consultant in clinical genetics and paediatrics at the department of paediatrics at UAE University in Al Ain. Ravindranath K / The National

A pacemaker that doesn’t run out of battery power, autonomous circuits that can be implanted into the human body to monitor vital signs and supercharged nanobots that can be injected into the bloodstream to target cancer cells – when Dr Lutfi Al Basha, an assistant professor in electrical engineering at the American University of Sharjah, and his research team’s energy-harvesting circuitry come to fruition, medical technology and wireless sensors will be self-powered and independent of a battery backup.

 

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