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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.

money

In his introduction to Working, the landmark 1974 oral history of work, Studs Terkel positioned meaning as an equal counterpart to financial compensation in motivating the American worker. “(Work) is about a search…for daily meaning as well as daily bread, for recognition as well as cash, for astonishment rather than torpor,” he wrote. Among those “happy few” he met who truly enjoyed their labors, Terkel noted a common attribute: They had “a meaning to their work over and beyond the reward of the paycheck.”

 

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Massachusetts cambridge

In Cambridge, Massachusetts, some of the most valuable real estate in the city of 113,000 can be found clustered around the Kendall Square station along Boston’s metro, the T. This cluster of labs, research centers, and corporate offices, located within a 10-minute walk of the rail station, has been called “the most innovative square mile on earth,” according to a Boston Consulting Group report from 2009, and a birthplace of the biotech industry.

 

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Richard Danielson

TAMPA — It’s been not quite a year since Tampa Bay Lightning owner Jeff Vinik outlined a multi-part plan to nurture innovation in the Tampa Bay area, and while progress since then has been promising, it’s still the "second or third inning" of a long-term effort, he said Tuesday.

"We have momentum," he said after speaking to about 400 participants at an innovation summit sponsored by Dreamit Ventures, the startup accelerator in which he invested $12 million last year. "It’s early stage momentum, (but) there is a detectable excitement in this region about where we can go in terms of innovation and entrepreneurship."

 

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athens greece

Athens, Greece has been named the 2018 European Capital of Innovation for the innovative ways in which it has overcome social and economic challenges and turned them into new opportunities. 

The €1 million iCapital first prize was announced at the Web Summit in Lisbon, Portugal on 6 November, with five other European cities receiving runner-up prizes of €100,000.

 

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NewImage

Milwaukee, Wisconsin  – November 6, 2018 – The University Economic Development Association(UEDA) announced winners of its annual Awards of Excellence program during their Annual Summit in Milwaukee, Wisconsin.

Leading initiatives from across North America competed in a six-month process, including application, peer review, live presentations, and, ultimately, selection by attendees of the UEDA Annual Summit as category leaders. The Awards of Excellence Program recognizes organizations who are transforming their campuses into engines of economic prosperity through leading edge initiatives in six categories: 1) Innovation; 2) Innovation + Talent; 3) Talent 4) Talent + Place; 5) Place; and 6) Place + Innovation. This year, in conjunction with the reveal of their new brand, UEDA added the Editor’s Choice Award. The Editor’s Choice Award is given to a recipient of each of the categories. What makes this award so special, though, is that it is not selected from the finalist of the category, but the winner is chosen from all those who sent in proposals.

 

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NewImage

I just finished a new book by Stephen J. Cloobeck, “Checking In: Hospitality-Driven Thinking, Business, and You”. As a self-made entrepreneur and former chairman of Diamond Resorts International, he asserts that the five biggest companies by market value today, Google, Facebook, Microsoft, Amazon, and Apple, aren’t really tech, but hospitality companies.

Image: https://blog.startupprofessionals.com

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jobs

As the midterm elections loom, one of the key talking points is a booming economy and low unemployment numbers.

However, when it comes to America's largest companies, a growth in full-time employment doesn't appear to be accelerating as much as the Republican Party would like us to think. And while retail and fast-food establishments have seen an increase in seasonal and part-time employee counts, America's stalwart technology companies, such as IBM ($NYSE:IBM) and Hewlett-Packard ($NYSE:HPQ), appear to be stagnating and even shrinking their full-time workforces.

 

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Tom Still

By Tom Still

MADISON, Wis. – Six weeks ago in the art-conscious town of Santa Fe, N.M., a somewhat eclectic group of technologists, architects, city planners, fabricators and artists of all persuasions got together to talk about the future of art and how it can transform public settings. 

Given that southwest city’s affinity for all things creative, perhaps that’s not surprising – except the gathering of about 170 people from around the world revolved around CODAworx, a young Madison company.

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The Six Ways High Leverage Innovators Consistently Outperform the Competition

How are the world’s leading innovators able to out-smart and outperform their competitors year after year—and in a few cases, decade after decade?  The 2018 Global Innovation 1000 study, conducted by Strategy&, PwC’s strategy consulting group, looked back at 15 years’ worth of data on R&D spending trends and financial results, and found the answers in a very select group of companies that are able to consistently launch market-winning new products and services and beat their industry peers on seven key financial metrics—all the while spending their R&D dollars more efficiently. We call this very select group of leading companies high-leverage innovators.

Image: https://www.forbes.com

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Erik Larson

It’s hard to overstate how much business success relies on better, faster decision making. Bain &  ompany research found that decision making effectiveness drives 95% of business performance. The UK Institute for Employment found that decision practices impact 50% of employee engagement. Your company’s decision practices have a huge impact on how your business and your employees perform.

 

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