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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.

china

Venture capitalists are heading to Washington on a mission to save their lucrative relationships with Chinese investors.

Proposed legislation in Congress, which would give the government greater oversight of deals involving foreign investors, is a central issue at an annual summit for VCs that kicked off Wednesday.

The meeting is well-timed. Next week, the Senate Banking Committee will consider the bill, which could make it harder for foreign firms to make investments in U.S. technology companies and slow down or block potential deals, including venture capital funding rounds.

 

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Home City Health Dashboard

36 measures of health, the factors that shape health, and drivers of health equity to guide local solutions for 500 U.S. cities

Image: https://www.cityhealthdashboard.com

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sleep

Reaching for the sun and success all day is tiring work, and everyone must occasionally give it a rest, whether insect, animal, plant, or human.

Evolutionary biologist Charles Darwin in 1880 wrote The Power of Movement in Plants, noting that the Colocasia antiquorum, or elephant ear, dozes in the dark. “The leaves of this plant sleep by their blades sinking in the evening…By an early [morning] hour it had assumed its diurnal position.”

 

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podcast

Jennifer Petriglieri, an assistant professor of organizational behavior at INSEAD, asks company leaders to consider whether they really need to relocate their high-potential employees or make them travel so much. She says moving around is particularly hard on dual-career couples. And if workers can’t set boundaries around mobility and flexibility, she argues, firms lose out on talent. Petriglieri is the author of the HBR article “Talent Management and the Dual-Career Couple.”

 

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brain

At the beginning of every meeting, a question hangs in the air: Who will be heard? The answer has huge implications not only for decision making, but for the levels of diversity and inclusion throughout the organization. Being heard is a matter of whose ideas get included — and who, therefore, reaps the accompanying career benefits — and whose ideas get left behind.

 

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Simon Erickson

Every successful, publicly-traded company started out in the private markets, where venture capitalists and other investors provide early-stage funding in exchange for a shot at incredible future returns.

You're likely already familiar with many of the success stories. Naspers' $32 million investment in 2001 in a little-known Chinese tech company called Tencent rose 60,000% in value over the next 17 years. And no, that's not a typo -- they recently sold 2% of their stake for a cool $10.6 billion. Twitter, Alphabet, and WhatsApp all took early stage capital and went on to provide huge future payouts for their VC partners.

 

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NewImage

At any given moment, most colleges are planning, building, renovating, or maintaining an infrastructure project. This special report examines how colleges’ buildings and grounds help them do their jobs better (or, in some cases, hinder them).  A well-designed space matters: It can encourage more interaction between students and faculty members, and it can help a rapidly expanding university serve a growing student body without having to choose between function and aesthetics.

Image: Bruce Damonte The U. of California at Merced's Science and Engineering Building II was designed by SmithGroupJJR.

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open door

Many Japanese visited Los Angeles during the Golden Week holidays to watch Shohei Ohtani play for the Angels. I was one of them and was impressed with not only his performance but also how he behaved as if he had been there for a long time. Watching him play in front of so many fans (the stadium was almost full even though the game was on a weekday) made me think of the significance of keeping an organization open to attract the best talent and stay competitive.

 

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Mark Zuckerberg

After his father was murdered on Chicago’s South Side and his mother was sent to prison, Derrius Quarles spent more than 12 years in foster care. Thankfully, a teacher who noticed his intellectual spark urged him to take his education seriously. He listened, worked hard and hustled to get more than $1 million in scholarships before enrolling at Morehouse College in 2012.

 

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organization chart

If you are a frequent reader of my posts, you may know we’ve been relentlessly highlighting the importance of organizational ambidexterity as vital requirement for modern dual corporate innovation approaches. Managing today’s business and creating future’s business successfully at the same time is probably the most demanding, yet indispensable challenge for future-proof organizations and their leaders.

 

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NewImage

Kannan Grant’s door in the UAH Office of Technology Commercialization (OTC) is always open. "We proactively promote and support a culture of learning and innovation at UAH by creating and capitalizing on commercial opportunities that benefit our constituents," says Grant, who has served as the OTC’s director since late 2007, "and I think we provide a service that is becoming more important to research-intensive academic institutions such as UAH."

Image: OTC director Kannan Grant and Dr. Randy Gaillard are pictured with a mini-oligonucleotide synthesizer that was co-developed by Gaillard while a graduate student at UAH. Michael Mercier | UAH

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