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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.

Business hand robot handshake artificial intellig 2021 10 13 21 43 17 utc

Even if you're not familiar with artificial intelligence (AI), you probably know that it's a hot topic. You might have even seen some of your favorite brands testing out new ways to use AI in their products and services. 

In fact, there is so much interest in AI right now that most major companies have dedicated entire teams to explore how they can incorporate the technology into their business models. At its core, AI aims to make decisions based on data. 

 

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Rowing Team in a boat

Leaders today are facing a challenge. While they need their employees to get up to speed, feel the competitive hunger to win again, and to rekindle collaboration, they’re facing an odd kind of inertia: Priorities are fuzzy, progress is slow, and social interactions feel somewhat awkward. One senior leadership team described the feeling on her team as “bland with frantic bursts.” So how can leaders help their employees break through the lull? The answer is to set aside “normal” strategies around motivation (goal-setting, incentivizing, tracking the numbers, and pacing for progress with milestones and deadlines) and focus more on managing their team’s energy and understanding the psychological changes their employees have undergone over the past two years.

 

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Nuclear power plant with cooling towers GH3DU4F

Researchers from the Michigan Ion Beam Laboratory in Ann Arbor created a new machine learning platform that detects and quantifies radiation-induced defects of parts and testing materials in nuclear reactors.

Using augmented reality (AR) for testing the nuclear components, the researchers say the platform could play a critical role in reducing greenhouse gas emissions by speeding up the development of components for advanced nuclear reactors.

 

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NewImage

Evolution in technology has changed our lives forever. If it weren’t for tech, we would still be struggling with so many things. Thanks to technology, we now have smartphones, high-speed internet, modes of transport, quick means of communication, which are making our daily lives much easier.

Image: https://techengage.com

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SCOTLAND’S first offshore wind underwater substation is set to be built to harness the UK’s biggest wind energy development and power millions of homes with renewable energy.

Aker Offshore Wind has set out its plans for the substation as part of its floating wind proposals which could generate up to 6,000MW of energy in the Outer Moray Firth.

If progressed, the vision would be the UK’s biggest wind energy development and power millions of homes with renewable energy.

Image: https://www.heraldscotland.com

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Report cover

This white paper addresses ways governments and communities can work together effectively to ensure that community goals and priorities are reflected in economic development practices. This topic is timely as community groups, businesses, philanthropies, economic developers and governments grapple with economic conditions that have left many residents struggling. This paper helps leaders determine how to adapt their economic development efforts so that more residents prosper.

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Surgery HX3URTU

Medical devices are ubiquitous in US healthcare— everything from the delivery room’s sterile gloves and umbilical cord clamps to the breathtakingly sophisticated neurosurgical operating room’s stereotactic navigation systems. More than ever medical devices are a fusion of hardware, software, and even synthetic living material. These are the physical tools through which new life science discoveries improve our lives.

 

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Successful entrepreneurs are usually hard-driving, and highly focused on some specific goals, like being the dominant player in a given domain, or the low-priced provider of their product. Yet other entrepreneurs will talk for hours about all their ideas, and how they intend to change the world, but I don’t hear any specific goals or milestones.

Image: https://blog.startupprofessionals.com

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Mr. Nelson Design

Leaders determined to stem the tide of talent defections during the Great Resignation could be surprised to learn they’re barking up the wrong tree by simply throwing money or perks at the problem. The author spoke with six human resource executives from companies reporting that their organizations are not experiencing higher-than-normal attrition. Among the many insightful perspectives shared, three practices appeared to be universal across these companies. First, build a culture of solidarity. Then, let employees co-create the workplace experience. Finally, coach your managers on how to genuinely care for others. The author offers several ways to put those practices into action.

Image: Mr. Nelson Design

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Marketing plan P8R52RX

With relatively few founders and CEOs coming from a marketing background, the org often remains a black box, particularly in the earliest days of a startup. There’s the hyper-focus on finding product/market fit, onboarding the first set of customers, and ironing out the kinks in the product to contend with — leaving marketing near the bottom of the to-do list. But plenty of startups then find that their launches are falling flat, there’s no way to get the word out without well-crafted content, and the initial website copy isn’t grabbing any eyeballs — potholes that a marketing hire can pave over.  

 

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ADOBE/GLOBE STAFF

The innovation economy has produced countless disruptions and revolutions in how we consume everything from news to noodles, while creating unprecedented returns along the way for entrepreneurs and investors. Yet relatively little of this energy and capital has focused on the senior care and longevity markets. We’re starting to see that change, however — and Boston can become the critical hub where the world’s longevity-innovation ecosystem will develop.

Image: ADOBE/GLOBE STAFF

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A student at Brooke Charter School in Massachusetts. BROOKE CHARTER SCHOOLS

It was September 2020, and another disrupted school year was about to begin. In many places around the country, pencils and folders were yet again traded for iPads and laptops. Recess and gym class were traded for Zoom breakout rooms and online co-curricular activities. The ominous red pen that teachers use to give students corrections was traded for track changes and live feedback. Students were still showing up excited to learn, but their entire experience as students was fundamentally different from prior years. To say the same about a teacher’s experience during this time and even now is an understatement.      

Image: A student at Brooke Charter School in Massachusetts. BROOKE CHARTER SCHOOLS

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