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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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According to Gartner Research, crowdsourcing is one of the least used, but most impactful digital hacks.This infographic looks at market predictions and the traits of successful crowdsourcing and innovation management programs in order to help innovators plan for the next generation of disruptions

Image: https://ideascale.com

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Dr. Francis Collins, a holdover from the Obama administration, will remain director of the National Institutes of Health, the White House announced late Tuesday.

President Trump’s show of support for the director comes even as Collins has praised congressional efforts to boost NIH funding in the face of proposed White House cuts, arguing that stability was needed to keep young scientists in the field. The White House last month proposed a massive $5.8 billion cut for next year’s NIH budget.

Image: NIH Director Francis Collins JEFF DELVISCIO/STAT

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One of the biggest challenges to innovation is the middle part of the process - where most of the work is happening behind the scenes. As your innovation campaign progresses, you must continue to instill excitement across all team members, and find ways to reengage them as advocates. In this case study, we’ll examine how Dick’s Sporting Goods engaged their employees in product development and effectively encouraged them to participate in their innovation community.

 

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We know that this time of year can be extremely hectic; the second quarter is coming to a close and summer is quickly approaching. We also know how important it is to honor the hard work that your team has put into innovating new products and services. In light of this, we have decided to extend the R&D 100 Awards submission deadline to June 23 in order to ensure that all eligible teams can enter their award-worthy submissions for 2017.

 

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Carnegie Mellon University (CMU) Robotics Institute researchers have developed a simplified interactive design tool that lets you design and make your own customized legged or wheeled robot, using a mix of 3D-printed parts and off-the-shelf components.

The current process of creating new robotic systems is challenging, time-consuming, and resource-intensive. So the CMU researchers have created a visual design tool with a simple drag-and-drop interface that lets you choose from a library of standard building blocks (such as actuators and mounting brackets that are either off-the-shelf/mass-produced or can be 3D-printed) that you can combine to create complex functioning robotic systems.

Image: Two robots — robot calligrapher and puppy — produced using an interactive display tool and selecting off-the-shelf components and 3D-printed parts (credit: Carnegie Mellon University) 

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Many companies loudly proclaim their desire to innovate, but how many know what it actually takes?

The most innovative companies don't tell their employees how to innovate. They suppress traditional management and instead manage the chaos, trusting it will lead to creative breakthroughs.

Image: Alphabet Chair and Former Google CEO Eric Schmidt shares how institutionalized defiance + quick decision making allow innovation to thrive on this week's Masters of Scale podcast. (Photography by Jacqui Ipp) https://www.linkedin.com

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Could the time finally be right for the flying car to leave the drawing boards of futurists and take to our skies as a new form of transportation? According to Francois Chopard, Founder and CEO of investment firm Starburst Accelerator, the answer is yes. For decades, the idea of flying cars has been used as shorthand for "the future"—something perpetually a few years off in the distance, waiting for technology to catch up and make them possible. Chopard thinks that's finally happening.

Image: This is Lillium Aviation's proposed VTOL vehicle. - https://arstechnica.com

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Angel investors cautiously retreated in 2016, with the number of investments and deal sizes decreasing, but renewed their focus on startups and seed investments, according to Jeffrey Sohl, director of University of New Hampshire’s Center for Venture Research.

A total of 64,380 entrepreneurial ventures received angel funding last year, a decline of 9.5 percent, from 297,880 active investors, a decrease of 2.3 percent year-over-year. 

Image: Jeff Sohl, director of UNH's Center for Venture Research - http://www.nhbr.com

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The importance and benefits of taking time off from work are well-documented. Without downtime, you and your team are likely less creative and more likely to burn out.

But Americans just can’t seem to unplug. Between 2000 and 2014, the number of vacation days U.S. workers took declined steadily from a long-term average of 20.3 days to 16. And while the number of vacation days taken ticked up to 16.8 in 2016, 54% of employees have unused vacation time, according to a report by the Project: Time Off Coalition, a group of businesses, mostly in tourism, retail, and related sectors.

 

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06172016 techtreck 200x134More than 70 Downtown Ann Arbor Companies to Open Their Doors to Community

Following the all-new Tech Talk from 11 a.m. to 1 p.m., leading technology companies will participate in the third annual A2 Tech Trek on June 16, 2017, from 3 to 7 p.m. A2 Tech Trek, a free event, features open houses at downtown Ann Arbor’s technology companies and organizations. Ann Arbor SPARK, with support from the Michigan Economic Development Corp, Ann Arbor/ Ypsilanti SmartZone (LDFA), and PNC Bank, is hosting the event.

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In four small schools scattered across San Francisco, a data experiment is under way. That is where AltSchool is testing how technology can help teachers maximize their students’ learning.

Founded two years ago by Max Ventilla, a data expert and former head of personalization at Google, AltSchool runs schools filled with data-gathering technology.

Image: https://www.technologyreview.com 

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