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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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At Tech in Asia we often come across well-funded companies that have been in existence for a number of years, but began as a startup. Personally, I used to think the term “startup” simply referred to an immature technology business, or a small company starting out on their journey to success.

But flying in the face of this logic are world-renowned entities like Xiaomi, Didi Kuaidi, and US companies Airbnb and Uber. They’ve all been referred to as startups, but at some point they clearly managed to graduate to fully-fledged giants. Surely there must be some way we can distinguish between fledgling upstarts and the more established companies that continue to dominate headlines.

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Venture-backed biotechs continue their blistering pace of funding. According to the latest MoneyTree Report from PricewaterhouseCoopers (PwC) and the National Venture Capital Association (NVCA), with data from Thomson Reuters, over $2.1B was invested in biotech companies in 2Q 2015, bringing the year to date total to almost $4B(covered here, here). Four of the last five quarters are amongst the largest record-setting quarters in ten years.

It’s one of the best periods for biotech funding in the history of the industry, offering an opportunity for emerging companies to scale and develop their pipelines more significantly than ever before.

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If a company wants to generate the most revenue from its resources, it should put its most experienced leaders in charge of those resources. Sounds logical, right? After all, who else would best know how to use them? But a new study on Hollywood producers in the Strategic Management Journal reminds us that it’s not that simple.

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Entrepreneurs are the 21st century's superheroes. They develop products that make our lives easier and better, create jobs, and inspire us to follow our dreams. But it can be hard getting past the mythology around successful entrepreneurs to see what traits they actually share. That's where empirical evidence comes in handy. Here are six factors researchers say go into the entrepreneurial makeup.

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KPMG and CB Insights: VC-backed Companies Haul in US$32 Billion Globally in Q2 2015 Due to Mega Financing and Rise of Non-Traditional Investors Venture capital backed companies raised more than $32B in Q2 2015 across 1819 deals globally. The Venture Pulse Q2’15 Global Analysis of Venture Funding offers in-depth analysis into the financing trends including Unicorn growth, mega-rounds, country breakdowns, the most active investors, and more.

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It is no secret that 2015 has been a highly active year for deal-making in the life science space.  However, what is often overlooked is exactly where in the space those deals are taking place. Life Science Nation’s financing rounds database contains detailed information on over 250 of these rounds that have taken place since January 1 of 2015. We track this data from a variety of sources however as many companies and investors chose not to disclose this information this should be viewed as a sample of the entire data set of financings. With this article will highlight what our data tells us about the rounds that have taken place thus far in 2015 for therapeutics companies around the globe.

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Cory Piirto is a newlywed living in New York City, but the prospect of starting a family is prompting her to plan a move across the Hudson River to Hoboken.

“Everything’s just easier here,” said Piirto, 27, as she lounged on the Hoboken waterfront, where Manhattan skyscrapers form a vivid backdrop. “It’s easier to live, easier to afford a two-bedroom. You can have a car and take [your children] places.”

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Envisaging “a smart, green and sustainable” city, the Singapore government today presented `Master Plan for the Seed Capital Area (SCA)’ to Andhra Pradesh Chief Minister N Chandrababu Naidu. SCA would be the seat of administration. Singapore’s second minister for trade and industry S Iswaran presented the plan, the final of the three-stage Master Plan, to Naidu at Rajahmundry where Godavari Maha Pushkaram is underway.

 

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manager

Say "manager" and the corporate middle-of-the-ladder guy generally comes to mind first. But there’s another kind of manager out there: the sort that actors, musicians, and athletes often have. This manager provides an external perspective on a career. He or she figures out the business aspects and strategy, so the talent can do what she does best.

 

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medical

As the nation's largest health insurer turns 50 this month, a leading Medicaid expert tells us about the program's biggest challenges and how to overcome them.

Since Medicaid's creation in 1965, it's become the largest health insurer in the country, covering more than 70 million Americans. Initially covering only poor, single parents and their children, the program now also offers government-subsidized insurance to disabled people, able-bodied adults without kids and some elderly.

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The top competitors in a new sport were gathered in cow country.

You may be familiar with these athletes. That's because in recent months, many YouTube users have discovered a new addiction: underground FPV drone flying. Pilots wearing goggles that feed a first-person view from cameras mounted on custom-built performance quadcopters have taken those flying machines into forests and abandoned buildings and filmed some seriously jaw-dropping footage.

Image: http://www.fastcompany.com 

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Last October, PriceWaterhouseCooper’s health research institute released a study that said one in five Americans owned a wearable device — about the same percentage of people that owned tablets back in 2012. But just how accurate are these devices when it comes to gauging how much we exercise? Mitesh Patel, an assistant professor of medicine and health care management at the University of Pennsylvania’s Perelman School, has done some of the first research into just how effective step-counting devices really are. 

In an interview with Knowledge@Wharton, Patel discussed what his research revealed about these remarkable bits of mobile technology, and how well their technical strengths stack up against our resistance to exercising.

 

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Venture capitalist Len Batterson is turning to crowdfunding to make chemo work better for cancer patients.

This is no Kickstarter campaign. It's worth watching what he's doing.

Batterson lined up a $500,000 initial investment for Connecticut-based Intensity Therapeutics, which developed a treatment that has shown promise in solid-tumor cancers. The company already has raised $3 million, and Batterson is trying to raise up to $2.5 million more.

Image: Photo by Erik Unger - Len Batterson 

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Do you have an old non-working computer stashed away somewhere in your garage, attic, or closet because you’re not sure how to dispose of it?  Do you have a stack of CDs with old backups on them that you no longer need? An old printer or monitor? Power cords or connector cables that you don’t use?

Here are a few suggestions for how to dispose of these items safely and responsibly.

Image: http://chronicle.com 

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ingredients

A new NIH calculator gives you a personalized plan in minutes

Forget the number 2,000—a new government calculator uses the latest research to spit out an exact calorie count and exercise regimen you’ll need to hit your weight loss goals.

The calculator, called the Body Weight Planner, is now available online for public use, but the National Institutes of Health (NIH) has used it in research since 2011. “We originally intended the Body Weight Planner as a research tool, but so many people wanted to use it for their own weight management that we knew we needed to adapt it with more information about how to achieve a healthy lifestyle,” said Kevin Hall, PhD, one of the creators of the tool and a senior investigator at the NIH, in a press release.

 

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