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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.

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In 1545, Jacopo da Pontormo scored a major commission from Duke Cosimo I de’ Medici to paint the main chapel of Florence’s church of San Lorenzo. A contemporary of masters like Michelangelo, Pontormo was a distinguished but aging artist who was eager to secure his legacy.

Pontormo knew he needed to make these frescoes the crowning achievement of his career, so he sealed off the entire chapel. He built walls, erected partitions, and hung blinds so that nobody could steal his ideas or sneak an early peek. Trusting no one, he chased away local youth and kept human contact to a minimum. He spent eleven years holed up, painting Christ on Judgement Day, Noah’s ark, and Creation itself.

 

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If you’re an entrepreneur, you likely have a role model you carry around in your head as you go about building your business. Maybe it’s Elon Musk, Mark Zuckerberg, Jeff Bezos or everybody’s seeming favorite, Steve Jobs. Here’s a better suggestion: Sam Walton. Unsexy, to be sure, and not terribly contemporary. But as arguably the most successful entrepreneur of all time, he has more to teach about the basics of entrepreneurship than many of the more dashing entrepreneurs who’ve come after him.

Image: Customers arrange a shopping cart in front of an advertisement featuring the photograph of Wal-Mart Stores Inc. founder Sam Walton at the company's Sam's Club store in Shenzhen, China. Photographer: Qilai Shen/Bloomberg

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CALISTOGA — This dinner party stretched beyond the walls of any restaurant – all the way to the edges of downtown.

Down the middle of Lincoln Avenue, white linens, grapevine centerpieces and wildflower-dotted napkins extended nearly as far as the eye could see – from the Embrace Calistoga bed-and-breakfast all the way north to within steps of the Cal Mart. Along 1,000 feet of tables through the heart of Calistoga, nearly 800 guests would sit down to an open-air banquet furnished by a dozen local restaurants and numerous Napa Valley wineries.

Image: Some 800 guests dined at a 1,000-foot-long banquet table set up on Lincoln Avenue for the sixth annual Calistoga Harvest Table on Sunday. Tim Carl Photography

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Every day we get new reminders of just how tough the war for talent can be. It isn’t enough to attract the greatest employees — you have to retain them. That’s become a bigger challenge with “job hopping” on the rise. One survey found that 64% of workers, and 75% of those under the age of 34, believe frequently switching jobs will benefit their careers.

Why, then, would I actively encourage even my best employees to pursue outside job offers? The answer is simple, if counterintuitive: It helps the business succeed.

 

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entrepreneur

“Not. At. All.” This is my answer every time someone asks me whether I miss working in the corporate world. I left last October, and am now sure that it was the right decision for me. I thrust myself into the quirky world of entrepreneurship, creating the When Women Win podcast, with the goal of impacting the lives of millions of women all over the world.

 

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WELLESLEY, Mass., Sept. 10, 2018 /PRNewswire/ -- U.S. News & World Report has ranked Babson College the No. 1 undergraduate school for entrepreneurship for the 22nd consecutive time, leading an impressive cohort of prestigious peers that includes Massachusetts Institute of Technology (MIT), Indiana University Bloomington, and University of California Berkeley, among others.

 

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Five universities yesterday said they would establish a biotech business incubator at the Shilin-Beitou Technology Park in New Taipei City.

The incubator would the biggest of its kind in northern Taiwan and provide the park, which is still under development, with skilled workers, they said.

Image: http://www.taipeitimes.com

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Mark Rantala recently wrote an op-ed for Crain’s Cleveland Business that talks about Cleveland’s need for talent:

"As executive director of the Lake County Ohio Port and Economic Development Authority, I have experienced firsthand the challenges of a shrinking workforce. At the Port Authority, we have done a deep dive into the data at the county level. In 10 years, Lake County will experience a shortage of between 4,000 and 8,000 people to ll all the existing jobs in the county.

Image: http://www.newgeography.com

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The National Hurricane Center says Hurricane Florence – with winds of up to 140 mph – is expected to be “extremely dangerous” when it hits the East Coast early Friday. But, it’s the water, not the wind, that has the potential to make the storm so deadly, experts say.

A storm as big as Hurricane Florence will hit with a “one-two punch” deluge of water, Erik Salna, the associate director of the International Hurricane Research Center at Florida International University, says.

Image: http://time.com

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