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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.

LONDON, ENGLAND: It took only a few weeks of research for Romanian entrepreneur Emi Gal to decide to base his digital media firm in London, and his choice confounds a fairly enduring set of stereotypes about Britain's global appeal.

International experts agree there has been genuine progress in the country which a few decades ago was fast fading as a magnet for the science, health and technology brains and entrepreneurship that also drive the knowledge economy.

'London is pretty much the centre of the world if you want to work in media and advertising,' Mr Gal, 23, told Reuters.
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Entrepreneur Magazine says 2010 will be the year of the entrepreneur because unlike a large company we are fluid and flexible and can respond quickly. We’re also small and light on our feet since we use Cloud Nine technology to outsource even some of our core systems. And that frees us up to stay fluid, to monitor and respond to the changing moods and needs of our target audience. Between home offices and virtual assistants and tech people from all parts of the world, we can even start up with very little money. The trend now is for friends and family to bankroll a start up. Anything is possible. Your dream can become a reality even now. Especially now.

I hadn’t thought of myself in that light before – fluid and flexible, and if I get too bogged down in where I think I should be going I may not be able to see where I could be going.
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WSJNEW YORK (Dow Jones)--A proposal that would change how certain private placements are regulated could mean another hurdle for small businesses in a cash-strapped, recessionary environment.

Sen. Christopher Dodd's draft legislation for sweeping financial reform includes a provision that would give back to state regulators the authority to oversee certain aspects of private placements, known as Reg-D offerings. States lost certain powers, such as the ability to review offerings and to prohibit bad actors from initiating Reg-D offerings, when Congress enacted the National Securities Markets Improvement Act of 1996, or NSMIA. That watershed law aimed to create uniform federal regulation of certain "covered securities" previously regulated at both the state and federal levels.
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SHANGHAI, Jan. 18 (Xinhua) -- Chinese President Hu Jintao has called for more efforts to promote independent innovation and upgrading of the industrial structure during his inspection tour to Shanghai which ended Sunday.

Hu visited scientific research bases, industrial parks and workshops of enterprises during the four-day tour, making investigations and research on the transformation of the mode of economic growth and work to promote sound and fast economic and social development.

Hu stressed promoting independent innovation and making breakthroughs in core technologies. Such breakthroughs would provide strong support for the transformation of the mode of economic growth, he said.
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ScientistBefore you write off the American economy, consider this remark from Nathan Myhrvold, the ex-Microsoft genius who now runs an idea factory called Intellectual Ventures: “For the last few decades I’ve bought Japanese or German cars but no Japanese or German software. Only the United States can handle the thinking speed of the software field.”

We live in a country where makers of high-value-added software are hounded as antitrust outlaws, while the smoke-belching industry of making money-losing cars is lavished with government bailouts, but never mind that. US business ingenuity is so robust that not even the government can kill it.

As Gregg Easterbrook demonstrates in his engaging new book, “Sonic Boom: Globalization at Mach Speed” (Random House), the big challenge today is to accept challenge — perpetual, stressful, constant upheaval. The chances that someone in your family will suffer economic trauma — pay cut, loss of job — in a given year are up to 26%. Like the treadmill, the world economy punishes as it delivers benefits.
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In Silicon Valley, where we can get a little too worshipful of icons like Steve Jobs and John Doerr, it's reassuring to know that even the gods get it wrong sometimes.

Exhibit A: the Segway.

You remember the Segway, right? It's that odd scooter you occasionally see a local police officer riding on patrol. Or maybe, if you work in a warehouse, you actually use one.

Well, in case you missed the news — and here's guessing you did — Segway announced last week that it was sold to a British investor for an undisclosed sum. The company, which is based in Bedford, N.H., and has about 85 employees, will continue to operate, thanks to some additional money raised as part of the deal.
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Rethinking University EducationThis is the eighth of several 'Innovation Perspectives' articles we will publish this week from multiple authors to get different perspectives on 'What product or sector is in desperate need of innovation?'. Here is the next perspective in the series:

by Rocco Tarasi

Is there an industry more in need of innovation than education?

Rethinking University Education - It is one of the largest industries in the United States, with over $1 trillion dollars spent annually. You are a consumer in this industry practically from birth until death. And yet most believe that the industry has lagged the pace of innovation so much that the education market today is comparable to the newspaper industry of 1999 - enjoying healthy profits before innovative start-ups disrupt their existing (archaic) business models.
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graduate_guy_jan10.jpgFor young budding entrepreneurs approaching graduation this spring, or for those looking to go back for a post-graduate degree, finding the right program for your needs is very important. In their seventh annual joint effort last fall, Entrepreneur Magazine and The Princeton Review teamed up to rank the top 25 undergraduate and graduate entrepreneurship programs in the United States. Only six programs managed to make the top 10 in both lists, securing their spots at the top of the best overall entrepreneurship programs.
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Speaker Nancy Pelosi is leading a bipartisan congressional delegation to the North American International Auto Show in Detroit. On this trip, Members of Congress are seeing first-hand the innovative technologies the auto industry is investing in to create the jobs of the future and to ensure our national competitiveness.

Over the last three years, the New Direction Congress has taken a series of steps to spur innovation in the auto industry, strengthen U.S. manufacturing, and create the jobs of the future. Beginning with the Innovation Agenda and the 2007 energy bill, through the auto industry rescue, and this year with the Recovery Act, Cash for Clunkers, and the Omnibus spending bill, this Congress has worked to spur an economic turnaround for the auto industry, U.S. manufacturing and Michigan. In 2010, more will soon be delivered through the Recovery Act along with key legislation in progress. Congress is committed to continuing to preserve our manufacturing base, which is essential to our economic and national security.
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What's the mission of the Mississippi Technology Alliance?

Our mission is to drive innovation and technology-based economic development in Mississippi. We work with start-up companies, university spin-outs and existing companies to turn innovative ideas into successful businesses. Our MEP.ms subsidiary, ranked No. 1 in the country, assists manufacturers by deploying products and services that help them compete in the global economy.
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Go Home Here at Admix Web, we think it is important for web designers and developers to  learn and improve themselves by sharing what they know and learning from what others share! Because of this philosophy, love to share links from Community News Section and amazing links we find ourselves. Below are the links we find to be the most helpful, educational, and useful for web designers and developers. Remember to post your links so that we all can continue to improve our ability as web developrs and designers and increase our knowledge, and in the end, increase the quality of the sites on the web! Enjoy!
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Business plan competitions tend to emphasize technology.The Prize

Many competitions, like Nokia’s Mobile Rules Contest and those held by Rice University and the Hong Kong University of Sciences and Technology, either prefer or require plans in the fields of life sciences, clean technology, aerospace, mobile or information technology.

Same thing with public economic development offices that hold competitions — like the Alabama Launchpad and the Rochester Regional Business Plan Competition — to create jobs and wealth in their regions. More examples can be found in our guide.

RICH BENDIS PUBLISHER OF innovation DAILY IS A JUDGE IN THE TEMPLE UNIVERSITY BUSINESS PLAN COMPETITION AND A MENTOR TO REBECCA DAVIS THE WINNER OF THEIR 2004 COMPETION WHO IS REFERENCED IN LORA'S ARTICLE ABOVE.

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