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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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Welcome to the first annual compilation of 50+ Innovation Leaders! AARP and the MedCity News team asked readers to nominate digital health companies, entrepreneurs and initiatives they felt best reflect the wide range of technologies and applications that innovatively support the 50+ population. After reviewing more than 150 submissions and tallying more than 5,000+ votes from MedCity News’s audience, we weren’t disappointed with the results.

Image: http://medcitynews.com 

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Inside this dossier are classified interviews with six elite product development innovators. Following our probing interrogation, the following invaluable information was retrieved:

•    Tips to survive the specter of scrap and rework

•    How to overcome the danger of quality failure

•    Avoid Quality Management Failure

•    Secrets that will help you succeed

Image: http://electronicdesign.com 

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Nina Zipkin

No matter who you are and what you have achieved, there will be times when you doubt yourself. The co-founders of Shine understand that and want to help its users boost their well-being with free daily inspirational texts to encourage and motivate them to achieve their goals.

A little over a year after Shine’s official launch in March of 2016, Naomi Hirabayashi and Marah Lidey, also its co-CEOs, have significantly grown its user base. They started with a beta test of 70 people in 2015, and now send texts to half a million users, with no sign of slowing down.

 

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MIT Logo

CAMBRIDGE, Mass., April 18, 2017 /PRNewswire-USNewswire/ -- As any would-be entrepreneur knows, starting a business is a serious undertaking with plenty of risk and sacrifice to go around. So why not minimize the risk and make the outcome worth the sacrifice?

Enter MIT Sloan's Bill Aulet and his new manual Disciplined Entrepreneurship Workbook. The book, a comprehensive companion to Aulet's bestselling Disciplined Entrepreneurship: 24 Steps to a Successful Startup, helps aspiring entrepreneurs master the skills, tools, and mindset they need to move from the idea phase to execution.

 

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Laura Shin

While bitcoin and other virtual currencies are relatively new to most people, Brock Pierce became familiar with them in the late 1990s.

A fan of the video game Sanctum, which sold virtual packs of cards not unlike baseball cards, he says, “This intangible object had value. … Its utility was just as much as it had been if it were physical, and in some ways, arguably better because you could play with people all over the world.”

 

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Daniel Gross

One of the theoretical advantages of software, artificial intelligence, algorithms, and robots is that they don’t suffer many human foibles. They don’t get sick or tired. They are polite — or rude — to everyone in equal measure. They follow orders.

The reality, of course, is different. Technology is designed by humans in all their frailty. As a result, it is eminently capable of perfect human behavior.

 

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family

On Mother’s Day 2016, Sheryl Sandberg, COO of Facebook and author of Lean In, wrote a notable Facebook post: “I did not really get how hard it is to succeed at work when you are overwhelmed at home.” Sandberg was specifically talking about single mothers (her husband died unexpectedly in 2015). But she could have been speaking for the millions of Americans who struggle to balance the responsibilities of work and family life.

 

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An independent, nonprofit organization is now in place, with the sole mission of supporting research, discovery, innovation and commercialization at the University of Nevada, Reno. The Nevada Research and Innovation Corporation has the capability of holding equity and can expedite commercialization of research discoveries and intellectual property.

Image: https://www.unr.edu 

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family

Family-run businesses represent the future building blocks of China’s economy. According to research, over the next few years China can expect to see six million family businesses contribute to its economic growth. Since private enterprise is relatively new in China, many family businesses are still controlled by their original founders who may soon pass their firms on to the next generation. Successful handovers are therefore of huge importance to Chinese family-run firms, and by extension, to the continued growth of the Chinese economy. A badly handled succession can put a family firm in danger, wipe out an entire family’s savings and destroy family harmony.

 

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flip

“Thanks for your interest, but we’ve decided to go with another candidate.”

This is a crappy email to receive, particularly when you thought you had it in the bag. The exceptional opportunity that you believed was a perfect fit is no longer on the table.

It seemed like an offer was definitely in the works, too; after all, you’d sent them references upon request, and even briefly chatted about possible compensation. Plus, you bonded with the hiring manager—you can’t have made that up.

 

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dawn

1. "Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible." - St. Francis of Assisi

2. "Sometimes I've believed as many as six impossible things before breakfast." - Lewis Carroll

3. "The Wright brother flew right through the smoke screen of impossibility." - Charles Kettering

 

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Dileep Rao

Venture capital (VC) is seldom provided at startup. Nearly all VC is provided after Aha – after the venture shows signs of potential. Entrepreneurs who get VC usually start with their own savings with help from family and friends, from crowd capital (CC) or from angel capital (AC). But most families struggle to invest. Over half of crowdfunding fails and those who succeed, do so “by a little”. And only about 10 percent of entrepreneurs are said to get angel capital.

 

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