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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.

big ben

A provocative study published earlier this month in the journal Science and Public Policy contends that Europe lacks the cutting-edge science long seen in the U.S., and increasingly published in Asia: “Europe lags far behind the USA in the production of important, highly cited research,” co-authors Alonso Rodríguez-Navarro, Ph.D., of Universidad Politécnica de Madrid, and Francis Narin, Ph.D., founder of CHI Research (now The Patent Board).

 

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growth

The biotech industry remains poised for growth, EY said in its annual industry report released today, despite continuing pressure from payers to contain drug prices, and an investor pullback from capital markets that helped deflate profits and slow down revenue growth for public companies last year.

Beyond Borders: Staying the Course observed that while biotechs will continue to pursue the prices they seek for new drugs by citing their value—either in patient outcomes or lower costs—so too payers will seek to contain those prices.

 

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NewImage

How does your city’s bike network compare to others when measuring stress? That’s the question at the center of a new mapping project from PeopleForBikes, which rates 299 U.S. cities.

RELATED STORIES How to Turn “Bike to Work Day” Into Bike to Work Every Day Planners May Soon Get More Help When Designing Protected Bike Lane Intersections Will Philly’s Next Mayor Think of Pedestrians and Bicyclists? Melbourne Floats Idea of Elevated Bike Path The project, called the “PlacesForBikes Bike Network Analysis” uses OpenStreetMap (which PeopleForBikes describes as “a sort of Wikipedia for online maps”) and methodology developed by Northeastern University’s Peter Furth. A map with the rated cities appears on the website’s homepage, and interested parties can type their city into a browser and see how it stacks up.

Image: Credit: PeopleForBikes

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bill gates from Wikipedia

The richest people in the world have a staggering amount of wealth — comparable to the GDP of small countries for some. Many of the world's richest, like Microsoft founder Bill Gates or Facebook co-founder Mark Zuckerberg are self-made and took an idea that they turned into a billion-dollar fortune. For others, like the Koch brothers of Koch Industries, their businesses were inherited, but their control of the company led to overwhelming amounts of wealth.

 

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George Belias

When you think of the most successful entrepreneurs who are building the most exciting companies today, they all have five key elements in common: 

  • First, they’re driven by a clear and powerful Moonshot and a Massively Transformative Purpose.
  • Second, they are running a data-driven company that is making decisions based on the data, not their gut. 

 

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How Logos Became the Most Important Quarter Inch in Business Fortune com

Suppose Uber —to pick a random example of a distinctly digital-era company—had been founded in 1909. Obviously it would have had a different business model (not involving a smartphone app), but let’s say it involved efficiently moving people from place to place. What, in those days, might have been this firm’s visual identity—its logo?

Image: http://fortune.com - From Video

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pharma

Succeeding in emerging markets has been a challenging undertaking for multinational pharma companies, but those that adapt their end-to-end model for emerging markets could well thrive.

A few years ago, multinational pharma companies seeking growth and respite from market uncertainty in Europe and the United States found a haven in emerging markets. Their rapid economic growth triggered an expansion in healthcare coverage and the emergence of a new cohort of consumers able to afford larger out-of-pocket spending on drugs. But early euphoria was soon replaced by a more somber outlook. Some emerging markets either suffered downturns or showed weaker growth forecasts as commodity prices fell; some healthcare systems struggled to scale up adequately their provision of care; and local companies became increasingly effective competitors in the pharma market. Furthermore, multinationals themselves often found it difficult to scale up in emerging markets, with particular challenges in talent recruitment, compliance, and organizational setup.

 

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world

Switzerland has been named the world’s most innovative country for the second year running in a major global report out today.

The Global Innovation Index (GII) – co-authored by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO) – looked at the performances of 130 countries. They were judged on a range of indicators, including patent filings and investment in education.

 

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business

So you've decided you're ready to take the plunge, quit your job, and get your own company up and running. You have an amazing ">business idea you are ready to launch. You're probably excited and nervous at the same time, which is perfectly understandable. If this is the case, you need to take a step back and remember that you simply can't walk into work tomorrow with your resignation letter.

 

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NewImage

If every entrepreneur could predict the future, starting the right new business would be easy. Since my experience and interests have been primarily with technology, I’ve been watching those trends for a long time, and I see rapid change, but predicting impact is a challenge. Recently I’ve changed my focus a bit to people demographics, and I find the implications a bit more concrete.

 

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new york

San Francisco, Calif., – Washington, DC has emerged as the promising tech city center after San Jose (Silicon Valley) and San Francisco, according to Cushman & Wakefield’s inaugural “Tech Cities 1.0” national report launched today.

A dominating hub for life sciences and government, Washington, DC also serves as a significant outpost for tech companies seeking proximity to policymakers as well as for burgeoning cyber-security investment.

The top 25 tech cities were determined by analyzing the concentration of factors such as talent, capital, and growth opportunity – the key ingredients that comprise a tech stew. The heartiest of these tech epicenters are: 1. San Jose, CA (Silicon Valley); 2. San Francisco, CA; 3. Washington, DC; 4. Boston/Cambridge, MA; and 5. Raleigh/Durham/Chapel Hill, NC.

 

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mark suster

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters.

It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!”

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