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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.

NewImage

Over the last decade, non-compete reform has been a third rail of Massachusetts politics. Although many employers believe non-compete agreements are necessary to protect their trade secrets and confidential information, others view them as unduly restrictive of employees’ rights. For example, the New England Venture Capital Association released a statement at the end of July pushing for the passage of strong non-compete legislation to protect workers in the so-called innovation economy.

 

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open

So far, 2018 has been a year of so much progress…along with a sizable dose of healthy frustration. Progress, in that we’re pushing multiple new brands (including Idea Magnets) to market. Frustration, because it’s 2018 and not 2011 or 2012, at the latest.

Here is the ultra-honest admission: I didn’t have all the business model stuff and entrepreneurial lessons figured out when I started The Brainzooming Group.

 

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leader

My favorite work involves sharing ideas with emerging leaders on the realities and challenges of leading in an environment of volatility and ambiguity. In a recent setting with a diverse group of early-career and first-time managers, we worked together to create a manifesto for leading today. The list below reflects a blended view of our mutual perspectives on succeeding as a leader. The energy and enthusiasm from this emerging generation of leaders for getting it right was palpable and comes through in our joint work-product.

 

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city

Nearly four decades after President Carter adventurously installed solar panels on the White House, America’s energy transition away from fossil fuels has seen only modest progress. 2007 marked the first year in history when more than half of the world’s population lived in cities, and the U.N. estimated that, by 2030, urban settings will be home to nearly two thirds of the global population. However, it was just in March 2017 that monthly electricity generation from wind and solar exceeded 10% of total U.S. electricity generation for the first time.

 

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Patrick 'Mad' Mork

Selling may be a dirty word for some, but it’s an absolutely critical skill in our personal and professional lives.

Some 28 years ago, on a hot August day, I found myself on the streets of Brussels with a backpack full of small plush dogs to sell. I scanned the crowd, looking for my ideal customer. Suddenly I spotted her. A woman in her sixties, pulling a cart of groceries.

 

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NewImage

In looking for innovations it is sometimes helpful to consider whether your product or service is open or closed.  If it is open what would happen if you enclosed it?  If it is closed what would happen if you opened it?  The opposite approach to the current method can yield powerful new ideas.  Here are some examples.

Image: http://innovationexcellence.com

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innovation

The University of Arizona has once again met or surpassed performance expectations for its key annual measures in technology commercialization during the 2018 fiscal year.

These results demonstrate how the UA’s Tech Launch Arizona, or TLA, is continuing to to significantly enhance the impact of UA research, intellectual property and technological innovation by bringing the University’s inventions to the public for economic and social benefit.

 

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money

According to the entrepreneurs I advise, the biggest challenge they typically face in starting a new business is funding. It consistently takes a huge amount of time and effort to find an investor you can trust, and that constrains your efforts in developing the solution you envision. People always expect that it should be easy to find investors, given their passion and excitement for the solution.

 

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