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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.

future

Genomics and biomedicine are among the fields featured in the ‘100 radical innovation breakthroughs for the future’ paper published by the European Commission.

According to the Executive Summary, ‘this report provides insights on 100 emerging developments that may exert a strong impact on global value creation and offer important solutions to societal needs’.

 

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The World s Best Crowdfunding Site Releases Incredible New Rules and Guidelines to Help Protect Amazing Backers

After launching a little over a decade ago, it didn’t take long for Kickstarter to become more than a place for amateur inventors to sell their ideas to the public. It soon became fraught with failures, scams, and over-promises of countless products’ capabilities and worth. To help improve the reputation of the site, Kickstarter has released a list of new guidelines, recommendations, and enforced rules when it comes to promoting a crowdfunded item.

Image: https://gizmodo.com

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Rahul Varshneya

Why do you want to build a mobile app? Do you want to ride the wave of other entrepreneurs, or did you come across a problem that you feel you can resolve? The answer to this question will determine whether your app will be successful or not.

Here is a guide to get you started, but note it may not work for everyone. This is drawn from my experience working for more than three years with entrepreneurs, helping them build and market their mobile apps. Take from it what suits your strategy best, or follow it to the hilt. The important part is to get started.

 

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happy

Customer experience and employee experience are now two of the driving forces of business. Independently, each function leads to valuable relationships — with customers and employees — but when CX and EX are managed together, they create a unique, sustainable competitive advantage. Companies should consider integrating the two disciplines and installing a Chief Experience Officer to lead the combined effort across the entire organization.

 

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podcast

Does America need venture capital to achieve high rates of economic growth? How can budding start-ups get it? And what do the big tech firms of the future look like to investors today? On this episode, Andreessen Horowitz’s Scott Kupor discusses his new book “Secrets of Sand Hill Road: Venture Capital and How to Get It.”

 

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agricultureA decentralized approach towards global agriculture may ensure that supply meets growing demand requirements, while also encouraging equitable participation regardless of geography,” write the authors of this opinion piece. They are Michael Ferrari, managing partner of Atlas Research Innovations , who is also on the faculty advisory committee for the Wharton Initiative for Global Environmental Leadership. His work focuses on the technology-environment-infrastructure nexus, emphasizing global commodity strategy, and data science and analytics. Parag Khanna is managing partner of FutureMap. He is the author of the new book The Future is Asian. Part 1 of this two-part series looked at how the Belt and Road Initiative (BRI) portends significant shifts in the dynamics of the global agricultural trade.

 

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Farid Ismayilzada

If you live in a small or developing country, it is easy to think that you will never be able to start a successful tech company.

Two insurmountable barriers, you will convince yourself, are that these countries lack the skilled researchers to develop breakthrough tech products and the capital to get the products from concept to market.

 

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entrepreneur

It’s often said that 50% of startups fail within the first three to four years, and most don’t even make it past two. I used to have a hard time understanding why there was such a high failure rate, despite all the facts and statistics, but after pushing through those first four years, experiencing the excitement, humility, stress, gratitude, uncertainty, anxiety, joy, determination, frustration, support, pride and accomplishment, I now completely understand why.

 

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Elon Musk

Elon Musk gets a lot done.

The 47-year-old entrepreneur and CEO is revolutionizing the spaceflight industry with SpaceX, transforming the world of the electric car at Tesla, and pushing neuroscience and transportation forward at Neuralink and the Boring Company.

The billionaire expects similar standards from his employees, and an email Musk sent to Tesla employees last year, as well as other reports, provide a window on the rules he likes his people to observe in the workplace.

 

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NewImage

On May 31, 2019, Northern Ontario Angels announced that it was named the #1 Angel Organization in North America. This announcement came from the 2018 Angel Funders Report conducted by the Angel Capital Association (ACA), of which NOA is a standing member. The collecting data of the Angel Funders Report was from 68 angel groups across the United States and Canada.

Image: https://www.sootoday.com

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EDA boss says here s how we plan to grow the economy Invest in people infrastructure and innovation nj com

Before there was a Silicon Valley, there was New Jersey.

Home to places like Bell Labs, Sarnoff Labs and the pharmaceutical companies that made this the Medicine Chest of the World, the discoveries made in New Jersey lead to the products and companies that powered the American Century.

But in recent decades, New Jersey has lost some of its competitive edge. As a result, from 2007-2017, despite extraordinary investment in tax credits, New Jersey ranked 42nd in job creation and 49th in wage growth. It’s time for a fresh approach to encouraging economic growth in the Garden State.

Image: https://www.nj.com

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NewImage

Innovation is all the rage, and for good reason. The most successful innovators outperform other companies by a wide margin.

For example, according to the 2018 Global Innovation 1000 study, the sales growth of top innovators was 2.6 times and the operating income growth 2.5 times that of the average of the companies in the study.

Even more startling is the fact that during and immediately following the 2008 financial crisis, the difference grew to 7 times the average, which goes to show that the best innovators are much better suited to face unexpected changes in their operating environment.

Image: https://www.innovationexcellence.com

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