Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis
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 not store up for yourselves treasures on earth, where moth and rust consume and where thieves break in and steal,” Jesus commanded his disciples, “but store up for yourselves treasures in heaven . . . For where your treasure is, there your heart will be also.” Some take this biblical passage and others like it as a direct assault on capitalist aspirations. But that’s a misreading of the text, and of capitalism.
Look carefully at the command. Whom does Jesus have in mind here? Clearly, he’s not referring to just anyone engaged in commerce or investment, or even to someone who happens to be rich. He’s talking about the person hoards his wealth—that is, a miser.
Going into next year, venture capitalists are feeling more optimistic about the chances of exiting their portfolio companies. Much of this optimism comes from the successful, albeit few, public offerings of venture-backed companies this year.
Investment bankers are now giving a clear green light for new offerings and the number of companies to file has increased dramatically from the first half of the year. The number of companies making plans to go public next year has increased even more.
Congress has agreed to invest $50 million in the Social Innovation Fund, a program aimed at helping nonprofits bring successful efforts to scale.
The allocation is the full amount requested by the Obama administration, though the victory was tempered by a compromise. Two other programs that benefit nonprofits — the Volunteer Generation Fund and the Nonprofit Capacity Building Program — will have to be trimmed back, according to the Chronicle of Philanthropy. The allocation is included in the 2010 spending bill, and will now go to the House and Senate for votes.
It may be the time of year or the fact that my recent posts have been turgid and trite, but it’s all gone a bit quiet in comment land. So over the festive period I will keep my occasional posts short and sharp to reduce the feeling that I am the on-line equivalent of the person who sits next to you on the bus and shares just a few too many of their opinions about the Government, the council, the BBC and biscuits.
The news today is full of Peter Mandelson’s announcement that universities will lose another £135 million of central funding on top of the £180 million they already knew they had to find. Three points occur to me:
Readers may see the video in English in this entry or by clicking here. To see an interview in English to the author of the "story of a frog", the philosopher from Switzeralnd, Olivier Clerc, click here. There are other versions in French, Spanish and Italian in our Spanish Blog. The Video of the "Story of a Frog" tell us about the importance of Citizens Voice in Government Quality. Education usually contributes to foster Citizens Voice and Government Effectiveness. Econometrics research also shows those positive effects. Educate population has an important role to avoid manipulation of public opinion and to foster good quality of life for all.
Morgantown, WV (Bluehost/PRWEB ) December 23, 2009 -- Virtual Global, a leading provider of cloud-enabled enterprise solutions and the TeamHost™ online platform for creating SaaS applications, released its "Top ten cloud computing predictions for 2010" as part of its "Cloud Computing Made Easy" eBook available for download at www.cloudipedia.com.
"Cloud computing's time has come," said Cary Landis, CEO of Virtual Global. "In today's economy, smaller businesses see it as an economic necessity. The market demands it."
Many small business owners start a blog as a way to connect with their audience, grow authority and help educate their little corner of the world. But even the best content goes nowhere without an audience. As a small business blogger, building your audience means finding ways to continually bring new subscribers and eyeballs to your blog. But how do you do that?
I’m no stranger to blogging for business and have found there are many low intensity ways for bloggers to increase and encourage people to subscribe to their blog. Below are some suggestions.
Small, economical cars have satisfied a niche of the auto market for decades.
The guys pictured are pushing a BMW Isetta, one of the first ever produced. It premiered in 1955, but only lasted a couple years. After making around 160,000 units, BMW ceased production of the original and started coming out with new and improved versions, which it continued to do until the early 1960s when the Isetta was retired for good.
There is no doubt that these are tough economic times. Unemployment is high and credit is tight. Key indicates show that is the worse economy in a generation. Many technology transfer offices have seen potential business partners reduce their innovation portfolios and expenditures. This coupled with a reduction in funding sources, from grants and investors to university sources are blowing the technology transfer research commercialization efforts into the perfect storm.
There are difficulties and challenges, but these times also create opportunities. Here are seven tips to help your technology transfer office succeed in these tough economic times.
Creative Entrepreneurs Protect their Future One Idea at a Time
Those creative entrepreneurs who are not only willing to go out on a limb and invest in the next big thing, but to actually develop a project from start to finish can sometimes face a unique conundrum. These entrepreneurs want to spread the word about their business like fire through a forest, but know they must keep their new applications, unique innovations, and brilliant ideas from their rivals or potential pirates.
Malaysian Prime Minister Najib Razak said on Wednesday that the country will be launching a National Innovation Center (MyNIC) in the first quarter of 2010. In his latest blog's posting on Wednesday, Najib said the MyNIC, supported by a network of innovation excellence centers, was tasked to advance the country's scientific and technological capabilities.
As we near the end of the year, it's time to take stock of 2009 and look ahead to 2010. We'll look back at the past year and what we learned in another post, but for what it's worth (and remember what you're paying to read this, and value accordingly) here are five predictions for the coming year in cleantech investing:
1. In terms of U.S. climate change legislation, something will be passed, but it will be more symbolic than impactful 2. 2010: The year of energy efficiency 3. A pickup in investing activity, including the return of the megadeals 4. New hybrid investment models will emerge 5. Some booms and some busts