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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.

interview

Your stomach drops to the floor. Your palms get sweaty. You begin to ramble incoherently, or worse, can’t come up with anything to say at all. Almost all of us know the feeling of making a big mistake during an interview.

Great. There goes that opportunity, you might think.

Don’t be tempted to wave the white flag of surrender just yet, though. Everyone stumbles in interviews once in a while—the trick is to handle it well, so that your interviewer is able to look past it.

 

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salary

College professors at the top public universities in the United States tend to do pretty well for themselves. That is to say, most of them are at least earning more money than the average K-12 public school teacher.

We took a look at the 2020 50 best public colleges and universities as ranked by US News and World Report and gathered data on the average salary for non-medical instructional staff normalized to a standard nine-month contract for the 2017-2018 school year from the Department of Education's Integrated Postsecondary Education Data System survey results. Many school rankings are tied. 

 

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european union flag

A new study published today by the European Patent Office (EPO) finds that small and medium enterprises (SMEs) rely on European patents to protect their high-potential inventions and that two thirds of these inventions are commercially exploited.

The study, entitled “Market success for inventions – Patent commercialisation scoreboard: European SMEs”, finds that SMEs depend heavily on partnerships with domestic or foreign partners. The report shows that half of all commercialised inventions protected either by a European patent application or a granted European patent are exploited in collaboration with an external partner via a licencing agreement (62% of the respondents), co-operation (49%) or spin-off (32%). Moreover, the partner is usually from another European country. This reveals how resource-constrained SMEs use partnerships as a way of entering new markets or sharing the financial burden of innovation.

 

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Lisa Caldwell

To win in Industry 4.0, manufacturers need to change their approach to innovation. In particular, they must shift their focus from improving existing products and processes to developing genuinely new ones that target an unmet need in the market or value chain.

As for how they do it, the best way is to view innovation as a journey — one that begins with ideation but goes on to feature a series of continuous, iterative steps all pointing toward the same ultimate goal: commercialization .

 

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NewImage

As a new business advisor and occasional investor, I get approached regularly by people who have a dream or a new business idea, and are looking for support and money to make it a reality. They are usually short on specifics required for execution, so I have to tell them that the idea is the easy part – and the real challenge is execution, even if someone gives you the money.

Image: https://blog.startupprofessionals.com

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mistake

If you’re sometimes frustrated about how little you accomplish during your work day, you’re not alone. Research indicates that only 26% of people often leave the office having accomplished the tasks they set out to do. It’s common to feel as if you’ve been busy but haven’t done anything important. Of course, life isn’t about being a productivity robot in which every second is optimized. But most of us do want to feel well-organized and efficient in pursuing key goals and solving critical problems. A good first step is to understand the mental mistakes that typically prevent us from focusing on and finishing meaningful work.  Here are five common ones:

Image: https://hbr.org

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lava lamp

Benji Jones: Oh, God! This is not attractive.

Jessica Orwig: No. It really does look like human fat.

Jones: That's me and my boss opening up a lava lamp. Oh! Are we getting these noises, guys? Our goal was simple: to figure out what's inside. As it turned out, it actually wasn't simple at all. And that's because companies don't want you to know.

 

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NewImage

As one of the biggest search engines in the world, and one of the biggest video libraries in the world, YouTube is also one of the best resources for self-education, motivation or just some good old fashioned inspiration.

These can be particularly useful in the fast-paced world of business and leadership. As anyone in the realm will tell you, that one word covers innumerable disciplines, across marketing, project management, psychology, and sales.

Image: https://www.business2community.com

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NewImage

Michael Lenardo, M.D., Chief, Molecular Development of the Immune System Section NIAID/DIR, joins Rich Bendis on BioTalk to discuss his work at NIH, his recent election to the National Academy of Medicine, and advice for fellow scientists

Listen now on Google Podcasts http://bit.ly/2Ws6L0v, Apple Podcasts https://apple.co/2WupsAq, and TuneIn http://bit.ly/2Pve2ex

Michael Lenardo attended the Johns Hopkins University and graduated with a Bachelor of Arts in Natural Sciences in 1977. He then attended Washington University in St. Louis, Mo. and obtained his Doctor of Medicine (M.D.) in 1981. He carried out clinical and research training at the University of Iowa from 1981-1985. He was then a Research Fellow at the Whitehead Institute for Biomedical Research at Massachusetts Institute of Technology with an adjunct appointment at Harvard Medical School. During this time, he carried out molecular biology research under the mentorship of Nobel laureates David Baltimore and Philip Sharp. He was then appointed Section Chief in the National Institute of Allergy and Infectious Diseases, National Institutes of Health from 1989 to the present, directing research on T-lymphocyte regulation, HIV-1, and genetic diseases of the immune system. He has served on the editorial boards for the European Journal of Immunology, the Journal of Experimental Medicine, Science magazine, and Biology Direct. He is an Adjunct Professor of Pathology at the University of Pennsylvania School of Medicine, and a Visiting Fellow at Cambridge University. He has founded or co-founded several joint research programs including the NIH-Oxford-Cambridge Biomedical Research Scholars, the NIH-University of Pennsylvania Immunology Program, the NIH-Marshall Scholars, the NIH-Rhodes Scholars, the National M.D./Ph.D. partnership program, and the NIH-Institut Pasteur Infectious Disease and Immunology Program.

 

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podcast

There are 90 million Americans, which is 32% of the population, now listening to podcasts. From influencers to journalists, celebrities and your friends, podcasting is taking the world by storm. Irrespective of the subject you pursue or the length of the podcast, there’s a subject matter for virtually everyone.  Podcasts allow people to share their craft, campaign or simply share their passions to large audiences.

 

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NewImage

You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way by this rapidly changing world. You can even give it a more elegant name, like “market-focused reinvention,” but it won’t be graceful if you don’t take the lead.

Image: https://blog.startupprofessionals.com

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creativity

If your team could get more than one hundred creative new ideas, ranging from revenue-generating market expansions to ways to improve the health of your employees and reduce insurance costs, would you ask for them? What if virtually all those ideas could be executed and positively impact the bottom line… for a measly $2 million? Isn’t this what every management team wants? Of course it is.

 

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