Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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.

idea

Creating value is always the chief objective of any company, no matter what the business is about. While engendering value for consumers helps companies sell their products and services, creating value for stockholders i.e. growth in the entity's stock price guarantees the inflow of capital to provide finance for operations. Speaking in strictly financial terms, value creation occurs when an enterprise's profits and surpasses its expenses.

 

Read more ...

NewImage

An analysis of patent applications and usage suggests South Korea has world-leading levels of technology and innovation capacities for the information and communications technology (ICT) revolution, but is relatively lacking in innovation capacities for the Fourth Industrial Revolution (4IR). The findings were published on Jan. 11 in a paper titled “The Fourth Industrial Revolution and South Korea’s Innovation Capacities: A Patent Data-Based Comparative Analysis by Country and Technology, 1976–2015” by Seoul National University (SNU) economics professor Lee Ji-hong, SNU master’s candidate Im Hyeon-gyeong, and Bank of Korea Economic Research Institute associate research fellow Jeong Dae-young.

Image: http://english.hani.co.kr

Read more ...

partner

BOSTON—Harvard Business School’s (HBS) Arthur Rock Center for Entrepreneurship has named 18 people to its inaugural group of Rock Venture Capital Partners, who provide in-person mentoring and advice to HBS student entrepreneurs.

“The Rock VC Partner Program brings leading managing and general partners from the top early stage VC firms to Harvard Business School to build relationships with student founders” said Jodi Gernon (MBA 1991), Director of the Rock Center. “We are delighted to have these outstanding venture capitalists share their wisdom and insights with student entrepreneurs. Thanks to this program, HBS students will have unprecedented access to feedback from top investors regarding their ideas, testing plans, fund-raising activities, and more.”

 

Read more ...

money

Venture capitalists’ money is flowing into U.S. technology companies at the highest rate since the dot-com boom, aimed at finding the next big thing — yet there doesn’t seem to be a bubble in sight, say VCs and research firm PitchBook.

Venture capital firms in the United States dished out $84 billion to 8,000 technology startups and companies in 2017, the highest amount of capital seen since the early 2000s, according to an annual industry report from PitchBook and the National Venture Capital Association.

The amount of invested venture capital has seen a near-consistent rise since 2009 and more than doubled since 2012 — though venture capital dipped in 2016 to $72.4 billion from $79.3 billion in 2015, according to Bloomberg.

 

Read more ...

DJ VentureSource US4Q17 final pdf

The following report presents Dow Jones VentureSource’s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer a comprehensive view of the trends currently affecting the venture capital market.

Image: https://images.dowjones.com

Read more ...

meeting

As fast as things are changing, they are about to change even faster. Technology is making it progressively easier to access the knowledge, experience, and resources of the crowd. We have already seen how applications of crowdsourcing technology can provide funding, services, and navigation. Now this technology will accelerate innovation, problem solving and even politics.

 

Read more ...

NewImage

Each January, tech companies from around the world gather in Las Vegas to show off their latest efforts at CES, formerly called the Consumer Electronics Show, the biggest gadget show of the year.

While the products and demos showcased at CES don’t always reflect the technology you’ll be able to buy in the near future, the show does offer some insight into where tech giants are putting their time and resources.

Image: The Lenovo Smart Display includes support for the Google Assistant Lenovo

Read more ...

NewImage

Distrust of the unfamiliar and the foreign is a natural survival mechanism for most species, including the human species. But, if empirical evidence is worth anything, a reflexive distrust of the foreigner cannot be said to be equally benign. Distrust sows fear. And fear plays in the hands of demagogues and can turn into a contagious pathology with numerous undesirable consequences.

Image: http://www.newgeography.com

Read more ...

Jason Saltzman

In this video, Entrepreneur Network partner Jason Saltzman sits down with two founders to hear their stories of perseverence and resilience.

Raul Tovar is the co-founder of WindowsWear, a fashion tech company based in New York City that archives display windows. He moved from Mexico to New York determined to make something of himself and resolved that he would not go home empty-handed.

 

Read more ...

curling stone

Curling is our strange quadrennial winter sports obsession. Depending on one’s taste, it’s either a compelling chess match on ice, or glorified shuffleboard with no proper place in a global sporting spectacle. But once the opening ceremonies of the PyeongChang 2018 Winter Olympics begin on Feb. 9, you — or someone you encounter regularly — will suddenly start caring about curling. You know, that winter Olympic sport with the stones and the brooms and that dartboard-looking-thing on the TV.

 

Read more ...