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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.

hurricane

Hurricane Florence, once a Category 4 storm, was downgraded to Category 1 before it made landfall near Wrightsville Beach, North Carolina early Friday morning. But experts say that despite the apparent demotion, Hurricane Florence still stands to be a destructive and deadly storm for those in its path.

“Just because the wind speeds came down … please do not let your guard down,” Federal Emergency Management Agency (FEMA) Administrator Brock Long said at a press conference Thursday, during which he highlighted dangers like flooding from storm surge. “This is a very dangerous storm. Storm surge is why many of you have been placed under evacuation and we are asking citizens to please heed a warning. Your time is running out.”

 

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risk

September holds the dubious honor of being the month that marked two cataclysmic events with profound global impact: the Sept. 11, 2001, terrorist attacks that ignited the war on terror, and the Sept. 15, 2008, bankruptcy filing of Lehman Brothers that marked the beginning of the global financial crisis.

 

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TWashington DChere’s still no official word on where Amazon is planning to build its second headquarters, but a trail of clues may be leading to the Washington, D.C. area.

Just over a year after the tech company announced it was seeking a spot to put a $5 billion office expected to generate up to 50,000 jobs, a series of hints have people eyeing the nation’s capital for HQ2. Among the biggest indicators that D.C. may have won the bidding war is the fact that founder Jeff Bezos — along with Amazon’s board of directors — is reportedly in the nation’s capital this week. The group held a dinner Tuesday night, and Bezos is scheduled to speak at an unusually large meeting of the local Economic Club on Thursday, according to the Washington Post.

 

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A pod of beluga whales adopted a lost narwhal and it s too wholesome

A narwhal has been adopted by a pod of beluga whales in the St. Lawrence River, according to CBC, and please be warned, the wholesomeness of this story may be completely overwhelming.

The narwhal has been spotted in the same area for the past three years, according to Whales Online, over 1,000 kilometers south from its typical range — narwhals are typically found in the arctic, near countries like Canada and Russia. 

Image: https://mashable.com

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meeting high five

As a start-up is growing, the responsibility of its success doesn’t just lie on the founder but also on the employees who are contributing to the growth journey of the company. So, no wonder that employees in a start-up are treated a wee bit differently than those in a corporate.

Employees in a start-up are encouraged to think and innovate like an entrepreneur. In fact, often people who want to become entrepreneurs start their journey by first working at a start-up.

 

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upgraph

Duke’s Office of Licensing and Ventures, which licenses ideas from Duke faculty and staff to commercial partners is reporting another record-setting fiscal year in its 2018 annual report.

Duke employees filed a record 329 invention disclosures and started 16 new companies, 15 of which are staying here in Durham and the Triangle. Medical school researchers were granted 69 patents and Pratt Engineering researchers received 32 patents.

 

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summer friday

Though it might be a tough sell to convince your employer to change corporate policy from a 40-hour workweek to a 4-hour one (sorry Tim Ferris)–what about a four-day schedule? Or, work-from-home Fridays? As summer comes to both an unofficial and official close, so do summer Fridays for those offices that allowed them. Though not a standard across all industries, many feature this perk between Memorial Day and Labor Day, giving employees bonus “vacation” days or the opportunity to meet deadlines and dial-in to meetings remotely. Apart from the obvious reasons professionals look forward to this time of year, some experts rave about a shorter week year-round, saying that it not only fosters productivity but can bolster a positive work ethic.

 

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Sherrie Campbell

Each of us respond to different drives and motivations, but there are many drives we can choose from that not only make our careers more fruitful but also more enjoyable. Those people who experience the “Sunday Blues” are in careers which may provide security and certain freedoms, but they lack joy and fulfillment. Sunday comes around and many of us immediately begin dreading our work week; thereby, ruining the rest of their weekend for ourselves and those we are close with. There is no point in staying in careers that make us miserable. There is so much opportunity in the world. We have to find the correct motivations to go out and make these opportunities happen.

 

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Angel Capital Association

KANSAS CITY, Mo., Sept. 13, 2018 /PRNewswire/ -- The Angel Capital Association released today the Angel Funders Report, a new study of angel group investments. The ACA report provides an initial picture on angel groups' investments, the startups they support and the factors that lead to business and investor success. The goal is to build the most comprehensive and actionable database on angel investing. These insights are important because angels provide 90% of equity capital to startups - $25B in 70,000 companies every year, yet few detailed data reports are available. 

 

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NewImage

Since Paul Bloom and Gregory Dees first urged social entrepreneurs to cultivate their ecosystem a decade ago, “ecosystem” frameworks for innovation and entrepreneurship are finally moving into mainstream economic development practice. These frameworks use the metaphor of a biological ecosystem to refer to the complex, dynamic environments in which innovators operate—environments characterized by an array of interacting organizations, individuals (collectively referred to as “actors”), elements, relationships, and conditions that either enable or impede innovation.

Image: MIT D-Lab Innovation Ecosystem Builders Fellows and Scale-Up Fellows at a convening in April, 2018. (Photo courtesy of MIT D-Lab)

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