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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.

Mindfulness

Companies increasingly are setting up agile, cross-functional teams to tackle complex problems that need to be solved through teamwork and collective intelligence. Are there ways that firms can nurture these abilities among employees? According to research by Boston Consulting Group and Awaris, a ten-week mindfulness program can lead to a measurable increase in collective intelligence. This was the conclusion of a study involving 31 teams and 196 members. Christian Greiser, Jan-Philipp Martini, Liane Stephan and Chris Tamdjidi, the co-authors of this opinion piece, led the research study.

 

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NewImage

Too many people, young and older, let their career and their lifestyle happen to them, rather than proactively making things happen based on their personal passions, skills, and interests. Others make decisions based on someone else’s interests, such as the father who wants his son to take over the family business, or dreams openly of having a doctor in the family. Neither of these approaches is likely to lead to a satisfying career or personal happiness for you.

Image: https://blog.startupprofessionals.com

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leader

It’s not uncommon to work with a leader who has big, creative ideas but doesn’t really understand operations or implementation. These people aren’t interested in hearing the countless details that go into making initiatives successful or worrying about complications that can occur: they assume success is inevitable and that their team members will handle any snags or obstacles. While it’s good to feel trusted, this lack of understanding from a leader can leave employees feeling frustrated or abandoned when they face tricky situations or encounter barriers when implementing the boss’s ideas.

 

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innovation

ALEXANDRIA, Va., Feb. 11, 2020 /PRNewswire/ -- In conjunction today with Thomas Edison's birthday and National Inventors Day, the National Inventors Hall of Fame® (NIHF), in partnership with the United States Patent and Trademark Office (USPTO), announces it will induct 22 innovation leaders for their world-changing inventions on May 6-7 during the Greatest Celebration of American Innovation®.  

 

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NewImage

James Tan had a taste for entrepreneurship when he launched his first technology business, a stock images platform which he created in the first dot-com bubble in the 1990s. But he hit a roadblock—he couldn’t scale it outside of his native Singapore. Fast forward 30 years and James is founder and managing partner of Quest Ventures, a leading Asian venture capital firm.

Image: James Tan (left) started venture capital firm Quest after his MBA

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NewImage

A team of TCU MBAs recently won regionals in the invitation-only 2020 Venture Capital Investment Competition (VCIC), beating out more than 70 universities including Notre Dame, Indiana, Georgia Tech, Pittsburgh, and Brazil FGV to take first place. Now, the students are en route to the global finals to be held in March.

Image: The winning team, from left: Alejandro Velasquez, Andrew Hicks, Cadell Alexander, Lianne Yang, and Joe K. Dickerson. (Photo: Courtesy TCU)

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Todd HAIM,

The NIA Office of Small Business Research (OSBR) team is intrigued by startups and their unique role in research and development. Of course, we’re a bit biased — after all, we lead NIA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer Research (STTR) programs, which are designed to help new companies commercialize products and technology to extend the healthy, active years of life.

 

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question

Knowing when to start a project is a key factor to its success. And yet it’s a strategic talent very few companies have developed. If you begin a project too soon, chances are high that the project will miss its deadline — if it doesn’t fail outright.

 

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Mark Zuckerberg

Civic Hall is a nonprofit in Manhattan that offers technology and job training to low-income residents, while also promoting collaboration among startups, civic groups and governmental agencies. It’s been a big success, to the extent that it’s planning a move from a 6,000-square-foot space to one more than 10 times that size.

 

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Blur Chart Computer Free photo on Pixabay

A decade ago, in the wake of the Great Recession, Lee County, Florida was dubbed “the foreclosure capital of the country” by the national media, the poster child for all that had gone wrong with the American economy.

“Homes are selling at 80 percent off their peak prices,” reported The New York Times in February, 2009. “Only two years after, there were more jobs than people to work them, fast-food restaurants are laying people off or closing. Crime is up, school enrollment is down, and one in four residents received food stamps in December, nearly a fourfold increase since 2006.

 

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