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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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If you’re curious at all about the mobility industry this is a podcast you’ll want to hear. Rose Bellanca, president of Washtenaw Community College (WCC) joins Ann Arbor SPARKS’s senior vice president of marketing and communications, Donna Doleman, for a quick podcast to talk about WCC’s, Advanced Transportation Center.

Rose explains WCC’s focus on meeting the major talent needs of the region and the types of jobs that are in demand in those fields. With help from the state, WCC was able to update its labs and equipment, and partner with University of Michigan to provide training to engineers and other students interested in the mobility industry. Rose describes the importance of the local transportation triangle and the partnership between WCC and Ann Arbor SPARK.

 

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No business is untouched by red tape. That’s especially true when you’re starting a small business. You may have your business concept and plan prepared. You may already have your eye set on a prime office location and have done your homework on which small business insurance to choose. But before you can make your mark, or even earn a dime, you’ll have to get better acquainted with a few forms and registrations to make your business a reality.

 

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It was announced today that a new consortium called The Bridge Network has been launched at University College Cork. 

Led by UCC, the consortium comprises four technology transfer offices from University College Cork, Teagasc, Cork Institute of Technology and Institute of Technology Tralee and represents the largest consortium with a combined research revenue of €145 million. 

Image: https://www.businessworld.ie

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Michael Chmura

Candy Brush, Vice Provost of Global Entrepreneurial Leadership and the Franklin W. Olin Professor of Entrepreneurship, and Patti Greene, the Paul T. Babson Professor of Entrepreneurial Studies and the Academic Director Goldman Sachs 10,000 Women, were among the speakers at the Entrepreneurship Research: Past, Present & Future symposium held May 10-12 2017 at PSB Paris School of Business in France.

 

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The complex life cycle of a biotechnology product, pharmaceutical or medical device demands a broad range of legal expertise across many practice specialties. From intellectual property protection to corporate and regulatory advice, the leading law firms in the life sciences space combine sophisticated legal counsel with deep scientific knowledge.

Lake Whillans established the Life Sciences Law Firm Index to help identify which law firms are the most active and relevant for life science companies. The index was created in collaboration with our research partners at Breaking Media, the publishers of leading industry sites MedCity News and Above the Law.

 

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Kansas City has a new venture fund focusing on early-stage tech firms.

With $25 million in its coffers, Leawood Venture Capital has already made several investments in tech firms around the nation, including Kansas City-based Pepper IoT. Led by seasoned businessmen Brendan Fallis and Karl Gemperli, Leawood Venture Capital will provide equity investments and growth advisory services to tech startups around the U.S.

Image: Karl Gemperli, left, and Brendan Fallis, both managing partners of Leawood VC. - http://www.startlandnews.com

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States “have made progress in gathering evidence on the results of their economic development tax incentives,” but challenges remain for policy leaders seeking to understand and improve economic development outcomes.

Ellen Harpel of Smart Incentives and Josh Goodman from The Pew Charitable Trusts discussed “Evaluating and Improving Tax Incentives” as part of the Lincoln Institute of Land Policy’s seminar on Economic Perspectives on State and Local Taxes.

 

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MIT has been a prolific generator of entrepreneurs for decades. But in recent years, the Institute has ramped up campus resources for would-be company builders, thanks in part to a more supportive attitude from administrators.

Xconomy chronicled those efforts and culture shift in an in-depth story in May 2016. Now, as the latest school year comes to a close, it seems like a good time to recap some of MIT’s new entrepreneurship initiatives from the past year.

Image: http://www.xconomy.com

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Should You Hire an Intern

Business may be booming, but like 33% of small business owners surveyed in the 2015 Small Business Success Study, you may not be hiring. If money is tight, but keeping all of the small business balls in the air is a challenge, consider hiring an intern.

Often students, interns work for a stipend or even for free in order to gain valuable experience and resume credits.

 

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Driverless Cars. Everywhere you look. Programmed and prepared to take you wherever you need to go.

Tony Seba, a RethinkX think tank cofounder and Stanford instructor, and James Arbib, a tech investor and philanthropist, published a report predicting that in 15 years only 20% of Americans will own a car. The main reason? Lots of autonomous cars will be roaming around ferrying us to and fro at less cost and with more ease than owning and driving your own car.

 

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Innovators make products that push people to change their behavior. Often, this change happens fluidly. Skilled innovators deliver technologies so alluring — so sexy — that people want to adapt their behaviors so they can enjoy them.

But every now and then, innovators ask too much behavioral change of people too quickly, and people balk. 

 

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