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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.

06a4ff3d 663d 438e b68b e8330ee10075Today more than ever, the evidence is clear that business people need to find and communicate a purpose that goes beyond making a profit, in order to ensure customer engagement, as well as your own, and drive results in the marketplace. In my work with entrepreneurs, I have concluded that finding and communicating that purpose is often more important than the solution offered.

Image: https://blog.startupprofessionals.com

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Inside a Johns Hopkins Technology Ventures FastForward innovation hub.

(Courtesy photo)With the support of its homegrown Johns Hopkins Technology Ventures (JHTV), Baltimore’s oldest private university has helped many of its own students and faculty bring their technological innovations to market — and with wildly successful results. Now, JHTV has a new guide to make the process even easier for those within and beyond its namesake school’s community to understand.

Image: Inside a Johns Hopkins Technology Ventures FastForward innovation hub. (Courtesy photo)

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Jeff Bezos (Twitter)During a retreat in 2003, the Amazon executive team ran through a quick exercise designed to identify the company's core competencies. Some were obvious. Offering a broad selection of products. Warehousing, packing, and shipping orders.

One was less obvious: Amazon had gotten really, really good at running data centers and infrastructure services.

Image: Jeff Bezos from Twitter

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Max Freedman=The road to entrepreneurship is often a treacherous one filled with unexpected detours, roadblocks and dead ends. There are lots of sleepless nights, plans that don’t work out, funding that doesn’t come through and customers that never materialize. It can be so challenging to launch a business that it may make you wonder why anyone willingly sets out on such a path.

 

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Partial view of african american businessman using 2021 08 31 03 39 20 utcApple said Wednesday that it will introduce an innovative security feature to give potential targets of government hacking an easy way to make their iPhones safer.

The company said it would be releasing the new "Lockdown Mode" in test versions of its operating systems shortly, with full distribution in the fall as part of iOS 16 for iPhones as well as the operating systems for iPads and Mac computers.

 

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Little african american girl learning english 2021 12 21 20 26 15 utcLearning at work is broken. Across the U.S., hundreds of billions of dollars are spent each year on employee training — and most of it is a waste.

A study conducted by the Harvard Business Review reported that 70% of employees claim they don't have mastery of the skills needed to do their jobs; only 25% believe training measurably improves performance; and only 12% apply new skills learned in learning and development programs to their jobs.

 

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Growth concept 2021 08 29 17 10 49 utcAt this point in the corporate space, it's a no-brainer to take a customer-centric approach to developing your products or services. It's all about putting yourself in the customers' shoes, and imagining what they'd find helpful and intuitive given their preferences and situations. But the way I came to lead my current company taught me that a customer-centric view could also apply to how you structure and operate your entire business. By seeing the organization through your clients' eyes, you'll support tremendous long-term growth.

 

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Cyber security 2021 09 04 08 09 23 utcCybersecurity threats are a ticking timebomb for many companies, and yet small businesses don’t see it as a main budget priority, an exclusive Tech.co report has revealed.

With cyberattacks on the rise and the average cost of an attack in the millions, safeguarding against issues such as data breaches and ransomware should be a number one concern for businesses of all sizes.

 

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Software update electronic device display concept 2021 08 26 23 58 47 utcSmall business budgets are tight, which means smaller companies don’t always have a lot of funds to invest in information technology (IT). But technology upgrades can pay for themselves quickly by improving IT performance and boosting productivity.

We’ll explore how focusing on your IT assets and making necessary and proactive upgrades can result in business efficiency, robust security, happier employees and other improvements to your business.

 

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This illustration depicts NASA’s James Webb Space Telescope – the largest, most powerful, and most complex space science telescope ever built – fully unfolded in space. The telescope’s first full-color images and spectroscopic data will demonstrate Webb at its full power, ready to begin its mission to unfold the infrared universe.
Credits: NASA/Adriana Manrique GutierrezNASA, in partnership with ESA (European Space Agency) and CSA (Canadian Space Agency), will release the James Webb Space Telescope’s first full-color images and spectroscopic data during a live broadcast beginning at 10:30 a.m. EDT Tuesday, July 12, from NASA’s Goddard Space Flight Center in Greenbelt, Maryland.

Released one by one, these first images from the world’s largest and most powerful space telescope will demonstrate Webb at its full power as it begins its mission to unfold the infrared universe.

Image: This illustration depicts NASA’s James Webb Space Telescope – the largest, most powerful, and most complex space science telescope ever built – fully unfolded in space. The telescope’s first full-color images and spectroscopic data will demonstrate Webb at its full power, ready to begin its mission to unfold the infrared universe. Credits: NASA/Adriana Manrique Gutierrez

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Man working on a laptop with the word translate on 2021 08 27 21 35 42 utcMeta open-sourced its AI-based translation tool – No Language Left Behind. This AI model can translate across 200 languages, many of which are not supported by current commercial tools. This announcement comes at the time when the company has been aggressively developing its ‘universal speech translator.’ Machine translation is one of the important areas for AI research; for Meta, progress in this field would help it better understand its users.

 

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17a5f0d9 2c1e 4898 99f1 7001d7ad88a2Getting out of your comfort zone is always a challenge, but more and more evidence indicates that it is necessary for growth and success in your business and career. In my experience as a mentor to entrepreneurs, I find that self-doubt and lack of confidence are the primary constraints people have to overcome to move ahead. The challenge is to recognize your problem and fix it.

Image: https://blog.startupprofessionals.com

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