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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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In early March, when we published our HBR article “8 Questions Employers Should Ask About Coronavirus,” there were fewer than 100,000 cases and 4,000 deaths globally. Now, not quite three months later, infections exceed 5.5 million and employers face a whole new set of questions as they consider how to reopen the workplace after weeks or months of restrictions. As always, employers must remain nimble, and play close attention to local conditions and changing guidelines and practices. Here are eight questions they must now address.

 

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Man Wearing Black Polo Shirt and Gray Pants Sitting on White Chair Free Stock Photo

It may seem counterintuitive, but downturns and bear markets present an opportunity for entrepreneurs to start a new business.

Why? Because the “uncertainty” that traditional businesses, not to mention financial markets, reputedly hate, isn’t an issue for entrepreneurs. They aren’t worried about trying to assess and meet demand for existing goods and services. They are busy inventing or creating something you never knew you wanted or needed.

 

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entrepreneur

Rick Terrien, a Pittsburgh serial entrepreneur and author of the new book “Ageless Startup,” is a firm believer that you’re never too old to launch a business. In fact, he thinks becoming an entrepreneur — either full time or part-time — in your 50s or 60s may be the best time of life to do it. Yes, even in a pandemic.

Based on Terrien’s experience and success, I think he’s worth listening to if you’re considering launching a business in midlife. I recently spoke with him for his tips; highlights of our interview are below.

 

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Lewis Schiff

There seems to be a lot of “yeah, sure”-ing going on in my circles of entrepreneurs these days.

Like, “did you hear about how well Sally’s company is doing right now during the pandemic?” 

“Yeah, sure, she sells expensive wine to rich people;” or,

“Yeah sure, she works with law enforcement customers;” or,

“Yeah, sure, they already had that contract before the economy tanked.”

 

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John Kao

Viewed through one set of  lenses,  American innovation burns bright.  We have always benefitted from our unique cultural values - belief in possibility, tolerance of failure, openness to the unconventional.  We put a man on the moon, invented video games and social media, the internet, stealth and so much more.  People from around the world continue to visit Silicon Valley in search of its secret sauce.  Institutions such as the National Science Foundation and DARPA have kept creative flames burning bright.  More than half of the top 50 universities in the world are American.  And we still remain at the top of the WIPO Global Innovation Index, currently behind only Switzerland and Sweden.

 

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WHO Executive Director Warns That 1st Wave of COVID Not Over Time

(BANGKOK) — As Brazil and India struggle with surging coronavirus cases, a top health expert is warning that the world is still in the very middle of the outbreak, dampening hopes for a speedy global economic rebound and renewed international travel.

“Right now, we’re not in the second wave. We’re right in the middle of the first wave globally,” said Dr. Mike Ryan, the World Health Organization’s executive director.

Image: School children wearing masks get their hands sanitized and temperatures checked as they arrive to appear for state board examination during the coronavirus pandemic in Kochi, Kerala state, India, May 26, 2020. R S Iyer—AP

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Digital RESI June Welcomes BioHealth Capital Region as a Gold Sponsor Next Phase Newsletter

The action item today is keeping up your business momentum in these challenging days. LSN has seen a distinct uptick in global regional-based tech hubs taking advantage of Digital RESI to expand into the new digital paradigm of global partnering conferences. The main strategy is to get the early stage companies back in the mix and secondly, to showcase the technology assets that are teeming in these dynamic regional hubs. The BioHealth Capital Region is a perfect example of deciding to take advantage of RESI and to expand their global reach.

 

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How Remdesivir Moved From Back Shelf to Best Hope for COVID Time

Dr. George Diaz was at home in Edmonds, Wash., on Jan. 20 at 8:30 p.m., when his phone rang with news that he was both anticipating and dreading.

On the line was his hospital’s infection-prevention manager, who had just received a call from the U.S. Centers for Disease Control and Prevention (CDC). The agency wanted Providence Regional Medical Center to admit a patient who was infected with the novel coronavirus, which at that point had been reported only in China (where the first reported cases had emerged in December), Thailand, Japan and South Korea. The patient was the first confirmed case of COVID-19 in the U.S.

Image: https://time.com

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NewImage

Venture capital, like other alternative asset classes, is often viewed by institutional investors as a way to diversify their portfolios and achieve returns that are uncorrelated to public markets. But venture capital activity may not actually be so uncorrelated to stocks — at least in the earliest stages, according to a new working paper from the National Bureau of Economic Research.

 

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Frank Vinluan News Articles and Opinions Xconomy

Clinicians and regulators are rethinking how healthcare is provided amid precautions prompted by COVID-19. In-person physician visits don’t fit within the physical distancing guidelines that are now the new normal. New technology presents alternatives.

As a digital therapeutics startup, Akili Interactive finds itself thrust in the midst of these changes. The Boston company has developed video game that treats attention deficit hyperactivity disorder (ADHD) by helping children learn how to focus on multiple tasks.

 

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Meet the badass NASA astronauts destined to fly SpaceX s new ship Business Insider

The ways NASA's astronaut office picks a crew from the members of its esteemed corps is something of a mystery.

But with the space agency's 2018 selection of Bob Behnken and Doug Hurley to fly SpaceX's now imminent rocket launch of its new Crew Dragon spaceship, the process seems obvious in hindsight.

Each man graduated from the same crop of astronaut candidates in 2000. Each is an engineer and flew military aircraft. Each has flown to space twice aboard a space shuttle. Each married a fellow astronaut who's journeyed to space and fathered a son with her. Each spent years working with SpaceX, founded by Elon Musk in 2002, to perfect the commercial spaceship they will now attempt to ride to orbit.

Image: NASA astronauts Doug Hurley and Bob Behnken are scheduled to be the first people that SpaceX launches into orbit. SpaceX

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