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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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The annual Great Colleges to Work For survey, based on responses from more than 53,000 people at 253 institutions, was administered and compiled by ModernThink LLC for The Chronicle. All survey-related content in this issue, including college presidents’ statements about what makes their institution a great place to work, was provided by ModernThink, which drew institutional data from the colleges and the U.S. Department of Education. For more details on the winners, including average salaries and turnover rates, get copies of the full report here.

 

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PHILADELPHIA--(BUSINESS WIRE)--Comcast NBCUniversal today announced the 10 startups selected for the inaugural Comcast NBCUniversal LIFT Labs Accelerator, powered by Techstars. These startups were chosen through a global application process targeting startups who are developing the next generation of media, entertainment, and connectivity companies. They will call Comcast NBCUniversal’s global headquarters in Philadelphia home for the duration of the 13-week program, which kicked off today and will culminate in a Demo Day on October 11.

 

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new york city

You’ve heard the numbers: More than half of the world’s people now live in cities, and in just a few decades more than two thirds of the globe’s rapidly growing population will be urban. Because cities already suck up much of the planet’s resources and generate much of its waste, these trends threaten to make Earth miserable unless cities become more sustainable.

 

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The Cultural Attributes of the Most Innovative Companies INSEAD Knowledge

The case of China’s Longfor Properties proves that “When in Rome, do as the Romans do” is not a recipe for innovation.

Innovation is the number-one priority of today’s CEOs. They correctly perceive that the fast-turning treadmill of disruption topple organisations that stand still. The only sure-fire way to stay on top is to consistently introduce products and services that provide unique superior value and defy expectations.

Image: https://knowledge.insead.edu

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puzzle

I remember the first time I felt old as a manager — more than 10 years ago now. It was at a lunch with my new team when I mentioned the first “45” I bought with my own money as a kid. One of my direct reports, who was 10 years younger than me, looked at me blank-faced and asked, “What is a 45?” She had never seen the single-song vinyl record format. We came from different worlds. On the same team, I had another direct report who was 30 years older than me. She was quick to answer my question about her first 45, but I had never heard of the song or the artist. Over the next couple of years I had what I perceived as serious “generational issues” on my team. I learned a few lessons about managing across the generational divide.

 

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No matter your level of experience, early-stage investments are considered high-risk gambles. Why not treat them as such?

The private equity (PE) model is well established. PE investors analyse hundreds of companies and opportunities in detail before buying a minority or majority stake in a good company, which they manage over a few years with the goal of achieving a profitable exit. Rarely do PE funds deal with write-offs, and PE-owned companies in distress are known to do better than their publicly listed peers.

Image: https://knowledge.insead.edu

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sales

Ask any businessman which is more important, their product or how it’s sold, and you’re likely to get a long explanation on why product takes the cake any day of the week. They are not wrong. You don’t have a business if there was nothing to sell.

But, as we enter an era of hypercompetition, how we sell has become at least as important, if not more important. than the product itself. There is barely any industry that isn’t exploding with products and/or services. From healthcare to IT to eateries, we are swamped with endless options. A simple search for SaaS companies in Crunchbase alone returns over 9,600 hits!

 

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mentor

Good mentoring relationships can yield a variety of benefits for both mentor and protégé. But the art of mentoring can be difficult to master—and missteps can undermine the process for each participant.

Most of the advice about how to be a good mentor is common sense, but some of the mistakes mentors make aren’t as easy to know intuitively, says Jenn Labin, founder of T.E.R.P. Associates and author of Mentoring Programs That Work.

 

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Scott Meacham

Oklahoma's innovation economy is a complex system with many moving parts. Our state's innovation engine is driven by motivated and coachable entrepreneurs with ideas and technologies that disrupt.

To be successful, Oklahoma's entrepreneurs need investment capital from angels, venture capitalists and banks. They need world-class research institutions to spin out and license intellectual property for them to turn into successful businesses.

 

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Venture capital funding continues to pour into healthcare startups, and the pace this year is already expected to top 2017's total figure of $15 billion, according to data from the MoneyTree report from PwC and CB insights.

During the second quarter of 2018, healthcare companies raised $5.3 billion in venture capital (VC) funding across 216 deals, on par with the $5.3 billion raised during the first quarter.

 

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Here s how much space U S cities waste on parking

In Seattle, there are around 1.6 million parking spaces–more than five for every household in the city. Des Moines, a much smaller city, also has roughly 1.6 million parking spaces, or 19.4 per household. The small town of Jackson, Wyoming, has 27.1 parking spots per household.

Image: https://www.fastcompany.com - Eric Scharnhorst/Parkingmill

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