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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.

36 Million Americans Went to College but Didn t Earn a Degree Here s What We Know About the Ones Most Likely to Return and Succeed The Chronicle of Higher Education

The ranks of traditional-age students are stagnating, which means colleges are increasingly looking to recruit from other groups, including those who are older. A popular pool — for both institutions and policy makers — is people who have some college under their belt but no degree.

A new report, “Some College, No Degree,” shines a spotlight on a specific group of them: the ones who are most likely to re-enroll and finish.

Image: https://www.chronicle.com

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stock

“The Biggest Biotech Bombshell in Years,” declared The Motley Fool of Biogen’s market-moving announcement October 22 that it was planning to file for FDA approval of the Alzheimer’s disease (AD) candidate aducanumab, being co-developed with Eisai, despite halting two failed Phase III studies of the drug in March. Investors flocked to Biogen stock, sending the company’s stock price surging 40% before the start of trading that day. When the market closed, Biogen shares finished the day 26% higher at $281.87.

 

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kid

There was a time in the late 1980s when I believed that the generation of children born between the baby boomers and millennials should be called the Sesame Street Generation.

Gen X, as we ended up being tagged (thanks, Doug Coupland), had a special relationship with TV. As the children of families where increasingly both parents worked, it was our babysitter, our after-school playdate, our dinner companion.

 

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NewImage

A new non-profit advocacy organization, New Cures for Cancers, recently announced its launch and the opening of its website.  The mission of the organization is to give cancer patients and their families and friends a podium to tell their stories and to demand judicial and legislative advocacy to motivate new diagnostics, personalized medicines, and drugs to treat cancer.

Image: https://www.patentdocs.org

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up arrows

Few PE firms systematically focus on pricing transformations, though such programs can create substantial value. Here’s how pricing value can be captured at any stage in the deal cycle.

Over the years, private equity (PE) firms have mastered the art of creating value for their portfolio companies through cost reduction, talent upgrades, and financial engineering. Moreover, they have built valuable experience in recognizing patterns that allow them to spot and invest in the best portfolio targets. In contrast, most PE owners do not display the same level of fluency or confidence in commercial productivity—especially in pricing.

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Meacham

Growing up, I used to love to listen to Paul Harvey’s "The Rest of the Story" on the radio. The nuances he would bring to light with just a little deeper look were fascinating.

After reading Dale Denwalt’s article in The Oklahoman on Oct. 20 headlined “Insiders Report Flaws in State Startup Ecosystem,” I felt a Paul Harvey moment may be in order.

Oklahoma often gets knocked in national venture capital rankings based primarily on data that is collected by PitchBook or similar venture deal data collectors. These entities are “pay to report,” charging reporters like i2E oftentimes more than $12,000 a year just to provide data. That is money we do not have to spend.

 

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binoculars

In my travels this year, the one comment I’m hearing is “we just didn’t see it coming.”

The grocery industry didn’t see it coming when Amazon suddenly jumped into their industry and 25 billion in market cap got erased overnight.

An insurance company in California didn’t see it coming when the effects of climate change fueled a raging wildfire that took out the entire town of Paradise, California, destroying 22,000 structures and rendering the firm insolvent.

 

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The Utah startup scene gets another boost with Album VC s new 75 million fund TechCrunch

Album VC, a Lehi, Utah-based early-stage venture firm that’s been known until now as Peak Ventures, just gathered up $75 million in capital commitments for its third early-stage fund.

The development shows investor confidence in Album’s young team, which came together in 2014 after the founder of Zinch — a site connecting colleges and students that sold to the ed-tech company Chegg in 2011 — decided to try his hand at investing in other startups.

Image: https://techcrunch.com

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The new economic models that determine city success Cities Today Connecting the world s urban leaders

Cities that embrace new economic models will attract a greater share of business and investment according to new research, which says that strong economic fundamentals are no longer a city’s main draw.

Demand and Disruption, a report published by JLL in conjunction with The Business of Cities, cites the innovation economy, the experience economy, the sharing economy and the circular economy as changing the competitive equation for cities.

Image: https://cities-today.com

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NewImage

When it comes to MBA rankings, there was a big surprise this week on a debut list of the best business schools for entrepreneurship. It’s not only that Washington University’s Olin School of Business won top honors in the ranking by PoetsandQuants.com and Inc. magazine. It’s that Harvard Business School failed to even make the top ten.

Image: White boards and Post-It notes are common in Startup Garage, the iconic course on entrepreneurship ... COURTESY OF STANFORD GSB

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stanford university

Congratulations, you got into Stanford University. You beat 22 other candidates vying for each coveted place. For you, competition doesn’t quite stop there: being best in class boosts your prospects. But the real fighting now will be over 7,100 undergraduates and 9,400 graduate students, not between them. Technology giants and sexy startups all want this brainpower. So do venture capital (vc) funds. All go to sometimes absurd lengths to get it.

 

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