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.

Google s plans to redefine healthcare infographic

Google has been making major waves in healthcare lately, with a significant change in how it displays health search results in a collaboration with the Mayo Clinic that may include a change to its algorithms.

And efforts to make Google Glass more applicable to healthcare seem to be increasing. But that’s far from the only area it intends on disrupting. The folks at HIT Consultant put together this handy infographic that details the potential dominance, or at least influence, ranging from genomics to diagnosis to wearables.

 

Read more ...

data

Study performance inside any organization and one finding leaps out at you. It’s one of those revelations that is at once obvious and surprising, the sort of discovery that’s as clear as day, and yet makes you realize that you’ve never seen it written about in the business press. This discovery is range—that is, variation in performance between two teams in the same organization doing precisely the same kind of work. Whether that performance is measured as per-person productivity, quality, employee engagement, customer satisfaction, accidents on the job, or lost workdays—and even if you study highly controlled environments, such as retail or manufacturing, in which each “team” has been carefully constructed to do exactly the same job in exactly the same way—you still find significant range in the performance metrics.

 

Read more ...

startup

With so much media coverage on acquisition stories, many entrepreneurs think they need to sell their company for a big pile of cash in order to be successful. If you are a startup founder, chances are you have at least thought about the possibility of being acquired by Google or Facebook.

It's true that an acquisition brings some great benefits (namely, the pile of cash), but there's a downside to selling your business that's not always discussed. The news shows a picture of the smiling founder, but the cameras don't stick around to capture the next day, or the next.

 

Read more ...

BRANDON TURNER

Entrepreneurs are liars.

No, they don’t necessarily make it a habit to lie to their spouses, friends or the police. But entrepreneurs lie to themselves on a daily basis.

And it’s killing their businesses.

It’s time to put a stop to the lying and come clean. If confession is good for the soul, consider this post to be Sunday Morning Mass.

 

Read more ...

NewImage

The UpTake: In his new book "Art of the Start 2.0," entrepreneur and venture capitalist Guy Kawasaki writes that launching a startup is easier and more democratic than ever, which is mostly a good thing. He also talked to us about tech bubbles, his old boss Steve Jobs’ presentation magic, and how sucking up to VCs is going away.

Image: Entrepreneur, venture capitalist and author Guy Kawasaki is out today with a new book titled "The Art of the Start 2.0: The Time-Tested, Battle Hardened Guide for Anyone Starting Anything." Courtesy photo

Read more ...

NewImage

The way we access the internet has changed rapidly over the past few years, transitioning from desktops to mobile devices.

Now, the internet is expanding again — coming to all of the everyday devices found in our homes, businesses, and cities.

BI Intelligence has created a slideshow highlighting the most important ways the Internet of Everything market will develop, the benefits newly connected devices will offer consumers and businesses, and the potential barriers that could inhibit growth. 

Image: http://www.businessinsider.com

Read more ...

password

The more news that trickled in about last year’s Sony hack, the more depressing the situation appeared to get. At one point, it was revealed that the entertainment giant was keeping passwords to internal systems as well as social network accounts in plain text. Not only that, but they were kept in a folder called ‘Password’.

 

Read more ...

David Prosser

Europe’s alternative finance sector grew by 144 per cent last year but remains completely dominated by the UK. A new study conducted jointly by Cambridge University and the consultancy EY suggests the alternative finance market across Europe as a whole raised €2.96bn over the whole of last year, up from €1.21bn in 2013, with the UK accounting for around three-quarters of the 2014 figure.

 

Read more ...

Stanford s Entrepreneurship Corner Kathryn Gould Foundation Capital Remember What Matters to You

"It's not the calls you take, it's the calls you make," says Kathryn Gould, one of the first women venture capitalists in Silicon Valley. In conversation with tech-industry author Mike Malone, Gould explains the importance of working toward your goals and what matters most to you, and not getting overwhelmed by responding to all the unsolicited opportunities that constantly present themselves.

 

Read more ...

National Venture Capital Association Logo

WASHINGTON, DC – The National Venture Capital Association (NVCA) announced in a press release its support for the STRONG Patents Act of 2015 after the legislation was introduced in the Senate by Senators Chris Coons (D-DE), Dick Durbin (D-IL) and Mazie Hirono (D-HI).

“The right to protect one’s ideas is a bedrock principle of our country and a vital component to the health and well-being of the entrepreneurial ecosystem.

 

Read more ...

Genius Is More Common Than You Think 7 Days of Genius Medium

This is what’s known as the principle of “multiples,” which posits that genius breakthroughs in innovation, science, and the arts aren’t rare at all. They’re quite common. And once you understand that, it can change the way you think about developing really big, interesting ideas.

The modern story of multiples begins back in 1922, when two sociologists — William Ogburn and Dorothy Thomas — published a paper on the concept. “It is an interesting phenomenon,” they wrote, “that many inventions have been made two or more times by different inventors, each working without knowledge of the other’s research.”

 

Read more ...

Arlen Meyers, MD, MBA

Where will the first $1 trillion company come from? Some think it is already in the making, but not visible yet. The future is all around us and innovators can see it more than the rest of us.

As suggested, a convergence of technologies, including the Internet of Things, AI, robotics and synthetic biology, might just make a health company the first to be the Trillion Dollar Unicorn.

 

Read more ...

NewImage

Mastering the art of leadership takes time, dedication, and a willingness to fail, and we all need some inspiration from time to time.

Here are some valuable leadership lessons from seven of today’s top CEOs.

1. FOCUS ON PEOPLE, STRATEGY, AND EXECUTION "If you get those three right, the world is a great place," Apple CEO Tim Cook said in a 2013 talk at his alma mater.

Image: Photo: via IBM

Read more ...

office

You might think your employees are happy, but a 2015 survey done by recruiting software provider Jobvite found that almost half of all employees—including the satisfied ones—are open to leaving.

"Today’s employee is antsy," says Jobvite CEO Dan Finnigan. "The post-WWII phenomenon of people working at large companies for their lifetime was a blip in history. Millennials, for example, are expected to hold 15 to 20 jobs over the course of their careers. And for all age groups, moving up usually means moving on."

 

Read more ...

Connected car forecasts top manufacturers Business Insider

Self-driving cars generate a lot of headlines. But there's already a new kind of car on the road that's completely changing the vehicle market.

The connected car is equipped with internet connections and software that allow people to stream music, look up movie times, be alerted of traffic and weather conditions, and even power driving-assistance services such as self-parking.

Image: http://www.businessinsider.com

Read more ...

NewImage

ROCHESTER, Minn. (KTTC) – Once again, Mayo Clinic is making a push for small bio business start-ups to grow roots in Rochester, as they expand the Mayo Clinic Business Accelerator.

Almost two years to the day after the Mayo Clinic Business Accelerator opened it's doors, it's getting bigger. This is Techstar ++'s first venture into Rochester. Teaming up with the business accelerator will bring in new companies and give them a chance to work with other start-ups and with Mayo.

Image: http://www.kttc.com

Read more ...

NewImage

Last fall, all eyes darted to the concept of venture philanthropy – using venture dollars to empower patient advocacy efforts – when the Cystic Fibrosis Foundation sold its royalty rights to the Vertex drugs it funded for $3.3 billion.

A sort of forced collaboration between academia and industry helped the CFF usher in the development of the CF drug Kalydeco – and the concept of venture philanthropy, said Preston W. Campbell, the executive vice president for medical affairs at the CFF. It wasn’t easy, however – academics didn’t respect industry, and vice versa.

Image: http://medcitynews.com

Read more ...

NewImage

Genentech cofounder Herb Boyer told his origin story at this week’s CED Life Sciences conference in Raleigh. He waxed nostalgic about carefree, football-playing days in Western Pennsylvania – as well as his role in the genesis of the multibillion dollar biotech industry.

“There’s been an explosion of knowledge in my lifetime,” the 78-year-old Boyer said.

Image: http://medcitynews.com

Read more ...