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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.

Advanced Battery ResearchWith the first decade of the 2000s completed, GE thought it would be a good time to toast a few of the many milestones reached over the last 10 years at GE Global Research — which is the company’s technology development arm. Hundreds of millions of dollars have been invested in R&D since Jeff Immelt became chairman and CEO in 2001, resulting in dramatic expansions at research headquarters in Niskayuna, N.Y., and our center in Bangalore, India; the creation of global research centers in Munich and Shanghai; and new technology centers planned for Detroit, Mich., and Masdar City in the Middle East. Those investments either are, or soon will, produce an array of benefits for science, the marketplace and investors. To keep it short, we’ve highlighted four that are about to jump from the lab — and four that have already made the leap.
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Taiwan NewsJapan trailed Taiwan to rank 15th, followed by Hong Kong at 16th

Taiwan ranked 13th in the European Business School's (EBS's) 2009 innovation capacity rankings among the 131 nations polled around the world and the second among Asian countries, the Council for Economic Planning and Development (CEPD) said yesterday.

In all five Asian countries that made the EBS top 20 innovators list, known as The Innovation for Development Report 2009-2010, released by the European Business School at the end of 2009, Taiwan ranked only behind Singapore, which ranked sixth, CEPD officials said.
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SonyInnovation America's tagline is "The Daily Pulse of Global Innovation". See the impact that Global trends and Innovation are having around the world by watching this short, thought provoking video. I liked it so much that I made it the lead article for the first Monday of 2010! IT IS A MUST WATCH !
Enjoy and Thanks to Tom Mathews for sending it to me.
--Rich Bendis

David G. KleinIT may not feel that way right now, but the last 10 years may go down in world history as a big success. That idea may be hard to accept in the United States. After all, it was the decade of 9/11, the wars in Iraq and Afghanistan, and the financial crisis, all dramatic and painful events. But in economic terms, at least, the decade was a remarkably good one for many people around the globe.

The raging economic growth rates of China and India are well known, though their rise is part of a broader trend in the economic development of poorer countries. Ideals of prosperity, freedom and the rule of law have probably never been more resonant globally than they’ve been over the last 10 years, even if practice often falls short. And for all of the anticapitalistic rhetoric that has emerged from the financial crisis, national leaders around the world are embracing the commercialization of their economies.
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BioNJBioNJ, a dynamic industry association dedicated to securing, coordinating and providing resources and services to member biotechnology companies critical to building successful biotechnology enterprises in NJ, has found a unique way to support workforce development in its' member biotechnology companies. BioNJ has partnered with the state of NJ and its 19 community colleges to provide technical workforce training to all of NJ biotechnology companies. This training program permits small biotechnology start-ups to join together and with larger member companies in customized training programs delivered by the state's community colleges. Training is delivered on-site at the company or at any of the 65 community college campus locations across the state. The training classes are free to all NJ Biotechnology companies and include such topics as Team Building, Project Management, Six Sigma, GMP, Biotechnology Ethics, Presentation Skills, etc. The training courses are developed annually based upon a survey of BioNJ member companies. Tuition funding is provided by the NJ Department of Labor and Workforce Development.

Further information can be found at and

Bono: Photo Credit: Deirdre O'CallaghanIF we have overindulged in anything these past several days, it is neither holiday ham nor American football; it is Top 10 lists. We have been stuffed full of them. Even in these self-restrained pages, it has been impossible to avoid the end-of-the-decade accountings of the 10 best such-and-suches and the 10 worst fill-in-the-blanks.

And so, in the spirit of rock star excess, I offer yet another.

The main difference, if it matters, is that this list looks forward, not backward. So here, then, are 10 ideas that might make the next 10 years more interesting, healthy or civil. Some are trivial, some fundamental. They have little in common with one another except that I am seized by each, and moved by its potential to change our world.
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Mercury NewsWhen the clock struck midnight on New Year's Eve, venture capitalists were toasting good riddance not just to 2009 but to an entire decade in which their industry as a whole lost money for its investors.

While prominent firms such as Sequoia Capital, Accel Partners and Norwest Venture Partners still earned handsome returns and have raised new investment funds, the venture capital industry as a whole is struggling to return to positive territory.
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Fred PattersonYogi Berra said it best: "It's tough to make predictions -- especially about the future. The future ain't what it used to be!"

What's going on in Washington sure underscores Yogi's insight. Things, they are a changing. I've been watching the SBIR reauthorization related activity in Congress and at the Agencies with bemused frustration. I've heard every argument and every rationalization of what should be done a countless number of times. I can even argue both sides on some of the issues.

One thing for sure, SBIR will be different. But how? No one knows for sure. Especially not me. But I'm going to apply another of Yogi's observations -- "You can observe a lot by just watching." -- and give a shot at some predictions for SBIR in 2010, based solely on what I've observed
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5 twitter innovative companiesCredible case studies or examples of how people in organizations successfully use social communication channels like Twitter to connect and engage with customers are gold dust to anyone looking to make a case in their own organization.

We know how Dell can make money out of Twitter – $6.5 million so far, they say. It’s a terrific case study. Yet such an achievement can not only seem out of reach for many organizations, but also not necessarily reflecting their goals which may not be about making money directly from their Twitter activity.
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TechnologyReviewEvery quarter, without fail, a bunch of articles appear talking about the venture capital industries investment pace as a result of the PWC MoneyTree report. I used to get calls from all of the Denver / Boulder area reporters about my thoughts on these – that eventually stopped when I started responding “who gives a fuck?”

A few days ago I got a note from Steve Murchie about his new blog titled Angels and Pinheads. I’m glad Steve is blogging about this as he’s got plenty of experience and thoughts around the dynamics of angel investors – some that I agree with and some that I don’t. Regardless, my view is that there more there is out there, the better, as long as people engage in the conversation.
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Theories of Local Economic DevelopmentIn economic development, theory and practice exist as two seemingly separate realities. Academics strive to develop or refine theory by drawing on abstract concepts about the way people behave and institutions work, while practitioners draw from a stock of experiences.

By bringing together leading theorists and practitioners such as Blakely, Blair, McCann, Luger, Gunder, Stough and Stimson, this book provides the first comprehensive overview of local economic development theories for over fifteen years. It explores the theory behind the key concepts that every economic practitioner must understand and in doing so, ties together the various theories from across the disciplines to practice.
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Worldwatch looks back at this year in environmental news, picking the most notable stories posted to Eye on Earth over the past 12 months. by Ben Block.

Climate: Ocean acidification, "the other CO2 problem," receives wider attention as more than 150 marine scientists from 26 countries urge world leaders to take action. Australian scientists announce that the Great Barrier Reef is growing at its slowest rate in 400 years, one of several marine ecosystems threatened by acidification.
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