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.
Do you know about the Small Business Administration’s Emerging 200 (e200) initiative? The program identifies 200 inner-city businesses across the country that show high-growth potential, and then gives them the resources and motivation they need to take their businesses to the next level.
The e200 initiative has been so successful that the SBA just announced plans to expand e200 in 2010. Twelve new communities, emphasizing those areas with Native American business owners, have been added to the 10 markets e200 currently serves.
I [Author] went to Dubai about a year and a half ago, at the apparent height, we now know, of their bubble. This week they crashed, and it is almost fun to watch. Do you remember the story of Icarus, the character in Greek mythology that built wings of wax to fly? His ego allowed him to soar to the heavens, but the sun melted the wax, and he plummeted to Earth.
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Britain makes more money from music than from its car industry. In the United States, the core copyright industries achieved foreign sales and exports of $60.18 billion-a figure that surpasses, for the first time, every other export sector, including automobiles, agriculture, and aircraft. Howkins sets out to explore how we can harness creativity and the industry it sustains to our common interests. The Creative Economy is not about information and the information society. It is about more basic matters, what we humans want and what we are good at.
Managing creative people will be fundamental to business success in the next century, and this book is the first to address the whole business of the creative economy-its importance, and how to manage it. A landmark in business books.
UK based Legatum Institute conducted an annual prosperity survey of 104 countries and measured countries on prosperity – not just wealth, but factors such as health, education, safety, governance, support for entrepreneurship/innovation etc.
The nine sub-indexes/parameters are:
We are entering a renewal in the work force. The global imperative is for the United States to become an innovation economy now. This is an entirely different animal than the Industrial revolution; I have long argued that the résumé system is by far the most archaic knowledge management “currency” of trade in use today.
The entire premise of the résumé is destitute, if not destructive, in the modern world. Words on a computer screen are a very low level ‘media form’ being used to describe a very high ‘media form’; social, creative, and intellectual capital. It’s like using crayons to design an aircraft.
The board meeting at the startup was underway and the CEO proudly highlighted what he considered to be the most successful initiative of the company. The initiative had been embraced by customers and partners whole-heartedly and the signs of continued growth were very visible.
The head of business development, present in the meeting and responsible for that initiative was understandably delighted at the acknowledgement by the board. He subsequently made an unusually peppy presentation on his department to the pleasant surprise of all. Later on, the CEO explained about business development and its head:
NEW DELHI — When 7-year-old Shiva Ayyadurai left Mumbai with his family nearly 40 years ago, he promised himself he would return to India someday to help his country.
In June, Mr. Ayyadurai, now 45, moved from Boston to New Delhi hoping to make good on that promise. An entrepreneur and lecturer at the Massachusetts Institute of Technology, with a fistful of American degrees, he was the first recruit of an ambitious government program to lure talented scientists of the so-called desi diaspora back to their homeland.
Tim Draper is managing director of venture capital at Draper Fisher Jurvetson, which was instrumental in the success of Hotmail, Skype, and Digidesign, among others. He is chairman of Bizworld, a nonprofit organization that teaches entrepreneurship and business to children. Draper has a bachelor’s degree in electrical engineering from Stanford University and a master’s degree in business administration from Harvard Business School and served on the California State Board of Education from 1998 to 1999. EDN recently conducted an interview with him.
Was there a key person who steered you toward technology?
Yes. I planned to be a physics major at Stanford, but my father steered me toward electrical engineering by telling me there are lots of jobs for EEs with a bachelor’s degree, but that, with physics, I would need a doctorate. I was fortunate that he was investing in the companies that were on the cutting edge of technology at the time.
November 27, 2009 - NIST is asking for public comment on 4 white papers that outline potential areas for research funding grants under Institute's Technology Innovation Program. Papers outline national needs for new and improved technologies in areas of monitoring and repair of civil infrastructure, manufacturing technologies for advanced materials, enabling technologies for electric power smart grid, and technologies for health care based on proteomics, data analysis, and biomanufacturing.
Last month, Sandra Cochrane gave us an overview of how to start an incubator. Judging by the sheer number of emails and direct messages (via Twitter) we received, it’s without a doubt that many of you are interested in learning more.
Through Cochrane, we got in touch with Mark Long “The King,” a very likable incubation veteran with 3 decades of experience under his belt. In this interview, Long imparts his expertise in founding an incubation facility and talks about what it takes to start an incubation program, the investment required, and some common mistakes would-be incubators make.
Ireland's incoming EU commissioner Máire Geoghegan-Quinn has been given the research and innovation portfolio.
Taoiseach Brian Cowen, who had been campaigning for the powerful portfolio, made the announcement at the Intel facility in Leixlip, where he was attending an event to celebrate 20 years of Intel in Ireland.
“I am delighted to announce today that we have secured the hugely important research and innovation portfolio, which resonates very strongly with our own Smart Economy agenda,” Mr Cowen said. “It is testament to the calibre of Máire Geoghegan Quinn that she has been allocated this portfolio.”