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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.

aspirin

Aspirin is best known as an over-the-counter painkiller. But acetylsalicylic acid, as it’s called chemically, has many other health benefits, as well as side effects, in the body that have only become clear in recent years.

Here’s what the latest science says about the health benefits and side effects of aspirin, as well as which conditions it may treat and those it doesn’t appear to improve. (If you are taking aspirin for any reason other than for periodic pain relief, it’s best to consult with your doctor to confirm whether the benefits outweigh the risks in your particular case.)

 

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pittsburgh

Investors aren’t coy about what’s the greatest uphill battle for entrepreneurs in Pittsburgh: There’s simply not enough cash floating around here for tech startups to latch onto. 

The prevailing narrative espoused by leaders in the 20 finalist cities for Amazon’s second headquarters is that the behemoth e-retailer will not only bring jobs, but startup funds, to the lucky tech hub it selects for its next home. 

 

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NewImage

The Myers-Briggs Type Indicator has been widely used by businesses, universities, the military and other organizations for decades to assess personality. But there is very little, if any, science behind it. Merve Emre, associate professor of English at the University of Oxford and fellow at Worcester College, delves into the story behind the test with her new book, The Personality Brokers: The Strange History of Myers-Briggs and the Birth of Personality Training. Developed by a mother-daughter team with no psychological training, the Myers-Briggs test is supposed to indicate how people perceive and process the world around them. Emre recently joined the [email protected] radio show on SiriusXM to explain why Myers-Briggs continues to captivate our collective imagination as part of the $2 billion personality testing industry.

Image: http://knowledge.wharton.upenn.edu

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entrepreneur

If you work for a large, established corporation–or even in a department that has historically been resistant to change–the notion of thinking or acting like a startup founder feels like a non sequitur. But the concept of intrapreneurship, the act of applying a startup-like mind-set and behaviors within an established corporate environment, can become a powerful tool in accelerating career mobility and shifting company culture.

 

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legos

Corporate innovation remains one of the hottest topics in Fortune 500 board rooms. According to a PwC survey, 97% of CEOs say that innovation is a top priority, but 94% are dissatisfied with their current innovation programs (source: McKinsey). For a large number of executives, the topic can be opaque and intimidating. Many wonder what innovation activities to prioritize, and who should be responsible.

 

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wrenches

When it comes to competing in the workplace of the future, 80% of executives are worried about the availability of key skills, according to PwC’s 21st CEO Survey. This fear has led companies to invest more resources in training and recruiting, but concerns about the skills gap won’t be resolved if you rely on outdated training methods and hiring expectations, says David Blake, coauthor of The Expertise Economy: How The Smartest Companies Use Learning To Engage, Compete, and Succeed.

 

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Banners and Alerts and Boeing unveils rendering of hypersonic jet

It’s a vision of the future that could someday jet people from the L.A. to Tokyo in just three hours or cut the time of a flight between New York and London down to just two.

Boeing unveiled a rendering of its first-ever design for a hypersonic passenger plane at an aerospace conference in Atlanta. While the idea and potential of the plane will generate plenty of buzz, this is a concept that is likely decades from being built.

The hypersonic passenger plane could, in theory, fly as fast as Mach 5, or just under 3,900 miles per hour. That would allow the plane to carry passengers between Los Angeles and Tokyo in roughly three hours. A flight from New York to London could be as quick as two hours. Right now, those flights take about 11 hours and 7 hours, respectively.

Image: https://www.cnbc.com

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Ghost Gear Haunts the Oceans in a Growing Threat Scientific American

Not far off the islands of the Republic of Vanuatu, a deserted trawl-fishing net undulates in the azure tropical Pacific. No one knows whom it belonged to or how it was lost, but it has twisted around a delicate garden of coral and damaged the reef.

It is just one example among at least 640,000 metric tons of fishing gear that goes missing at sea each year, according to the United Nations. Known as "ghost gear," it gums up ship propellers, entangles passing whales and settles atop sensitive habitats.

Image: National Oceanic and Atmospheric Administration diver Russell Reardon removes derelict fishing gear from a coral reef at Midway Atoll in the Pacific Ocean. Credit: NOAA

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First Look Walmart s tech incubator has a sleek industrial feel

Walmart upped the cool factor when designing its first-ever technology incubator.

The lab, called Walmart Tech ATX , is located in a renovated warehouse in Austin, Texas, considered a hotbed of tech talent. The building, houses tech professionals from both Walmart and Microsoft, with the team focused heavily on the development of emerging predictive technologies.

Image: https://www.chainstoreage.com

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code

Successful businesses are the those embracing digital change, but many organizations feel like their IT teams can't keep up with the pace of technological change, according AppDynamics' Agents of Transformation Report released on Thursday. In fact, only 22% of global technologists feel their companies are prepared to take on the challenge, said the Thursday press release.

 

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finance

Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here’s how finance teams will need to evolve to make the most of them.

CFOs and their teams are increasingly expected to counsel business units on innovative approaches for creating value. They are also being asked to use sophisticated analytics to measure and manage organizational performance, so they can better support complex decisions and create more accountability across the company.

 

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checklist

I’ve just got a minute—might as well scroll through Instagram.

No time to get anything real done—what’s in my e-mail inbox?

The default setting for most individual’s brains when they have 20 minutes or less is to waste it on activities that give them no greater sense of accomplishment at the end of the day than if they had skipped them.

 

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