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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.

expert

2017 was an extraordinary year in the history of medicine. It was the year when scientists beat cancer, and U.S. regulators approved the first therapy to fix a faulty gene. It was also a year that kept us enthralled with a quickening drumbeat of breathtaking news detailing spectacular advances – trials seemingly curing patients of hemophilia A and sickle cell anemia, and breakthroughs raising similar hopes for Huntington’s disease, Lou Gehrig’s disease, and even HIV. What is remarkable about these successes is that they are not just lucky breaks, but the products of new technologies that are ushering us into a new therapeutic space of vastly expanded possibilities.

 

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In an 8×8 aluminum hut on a construction site outside Mumbai, Anchal Sahni sits down to dinner with her family: homemade aloo bhindo (okra and potatoes simmered in curry) and chapati (flatbread) with a side of lentils. Anchal has a healthier diet than many middle-class kids in India, who can afford to eat out. In Mumbai, a medium Domino’s pizza runs 13 bucks—about three times what Anchal’s father earns in a day.

Image: http://time.com

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Louisiana frequently finds itself at or near the bottom of lists that measure things like educational attainment, mortality rates and poverty levels.

Yet another to add to the collection is a list that ranks states based on the amount of money each receives from the Small Business Innovation Research program—a federal program designed to spur innovation, and help emerging tech companies bring their ideas and products to market.

Not surprisingly, Louisiana—as in so many other areas outside of football and good food—fares badly on this list, too.

Image: https://www.businessreport.com

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Nikhilesh De

Blockchain startup Akiri has received $10 million in Series A funding to develop a distributed ledger platform for health data.

Announced on Jan. 3, the fund was granted by Health2047, a technology incubator company launched by the American Medical Association (AMA). The platform, called Akiri Switch, will be a “network-as-a-service” tool meant to securely transfer private healthcare data including patient records across the U.S. healthcare system.

 

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TNewImagehe venture capital industry in India has taken off only in the last six to seven years, but the year 2017 in particular started with a lot of expectation and hope. This hope was built on the fact that a drop in the sentiment of investors in the year 2016 would have led to correction in valuations that the entrepreneurs were expecting. However, the year 2017 proved that it was not just about valuations, it was much more than that. Let me try and enumerate the main issues that determined the key outcomes in the year 2017.

Image: The year 2018 is expected to continue the momentum of venture capital investing in India. Photo: Priyanka Parashar/Mint

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Making predictions can be a tricky business. Nevertheless, Xconomy recently brought together some of San Diego’s most prominent life sciences leaders to offer their vision for what the regional biotech cluster will be like in five years.

They broadly agreed that San Diego has proven itself as a great seedbed for life sciences startups. The list of recent buyouts includes Life Technologies ($13.6 billion), CareFusion ($14.4 billion), Receptos ($7 billion), Seragon Pharmaceuticals ($725 million), Aragon Pharmaceuticals ($1 billion), and Auspex Pharmaceuticals ($3.2 billion). Yet one central question arising from their discussion went largely unanswered: Are there specific steps this region can take to boost the life sciences ecosystem so that more seedling biotechs can become independent global giants and remain in San Diego?

Image: Photo by Teresa LoJacono

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A Selfie for Your Shelf The New York Times

Last year Kim Phan, a clothing designer in Manhattan, decided she wanted a miniature version of herself. She wore a print dress from her label, Yumi Kim, and proceeded to a branch of Doob, where she stepped into a walled room — the “Dooblicator” — fitted with 54 cameras. The cameras captured her from every angle, and then Ms. Phan stepped out and reviewed the image on a monitor.

“I wanted it to be a motion shot,” she said. “I told them, ‘I want you to capture my dress flying.’”

Image: What to do with a doob? They aren’t sturdy enough to play with, like a Barbie or Star Wars figure. Credit Peter Garritano for The New York Times

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On NewImage uly 11, 2016, Ian Thornton picked up the phone for what he thought was a routine catch-up after a monthlong sabbatical. He had missed a rough couple of weeks in the U.K., including the country’s shock decision in a June 23 referendum to leave the European Union, sending the pound tumbling to a three-decade low against the dollar as investors struggled to comprehend the result. Chris Kennedy, then chief finance officer at computer processor designer Arm Holdings, was about to deliver even less likely news. Arm had a takeover bid.

Image: https://www.institutionalinvestor.com

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If you have an iPhone 6 model or later, you should probably go replace the battery for a discounted rate at your local Apple Store.

Apple is now offering battery swaps for $29 (down from $79) a few weeks earlier than it originally promised. The decision to offer such low-priced battery swaps comes days after the company issued an apology for secretly slowing down older iPhones with software updates to prevent them from taxing the battery to the point where the phone might shut down unexpectedly.

 

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The new era of highly connected and interactive technology is changing not only how business employees interact with customers, but also how they interact with each other, and with their company. I am happy to see reports that young companies are leading the way in these trends, on both the customer and the employee side. Both are required to stay competitive.

Image: http://blog.startupprofessionals.com

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BNewImageuilding confidence is a daily habit that every entrepreneur needs to incorporate into their routine. It can be easy to listen to that inner voice and recognize your faults over your accomplishments. Having the proper amount of self-esteem is necessary to perform as a business owner, and you need to learn how to silence the critic that seems to take over your mind at times.

There are a variety of techniques that you can employ to increase your self-confidence, from good posture to a sharp outfit, according to a report by Pick The Brain. These tips can help you focus on the task at hand instead of your shortcomings, making you a more effective leader and business owner.

Image: All images courtesy of Young Entrepreneur Council members. Members of Young Entrepreneur Council share the top ways to boost your confidence.

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