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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.

hawaii

We all know the San Francisco Bay Area is home to Silicon Valley, but a few cities and states around the country are trying to recreate the region’s success. In Nebraska, you have Silicon Prairie, then there’s Silicon Alley in New York City, Silicon Roundabout in London, and Silicon Beach in Venice, California. Many of these have popped up in just the past few years, and some states are beginning to realize the importance of supporting these new innovation hubs.

 

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gears

The field of technology transfer from higher education to business and commercial developments once focused strongly on obtaining patents for products developed by university research. Today, there are many commercialization projects that may benefit more from other types of protection, said Chase Kasper, assistant vice president for research, technology transfer and corporate relations, University of Southern Mississippi (USM).

 

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NewImage

Looking to locate all things innovative in the North Texas region? Here’s the interactive toolkit that puts it at your fingertips. The maps include accelerators and incubators, innovation centers, makerspaces, executive offices, and coworking spaces. 

The growing startup community led to the creation of the maps by the Dallas Regional Chamber in collaboration with Dallas Innovates. 

Each tab represents different areas of the ecosystem. The maps will be updated as more resources become available and will remain an active source of information for North Texas.

Image: https://www.dallasinnovates.com

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NewImage

JumpStart has partnered with the Cleveland Foundation to establish a new organizational philanthropic fund, the foundation announced at its annual meeting this week.

During his Robert D. Gries Keynote Lecture, AOL co-founder Steve Case said he was "delighted" to hear that creating an inclusive approach to entrepreneurship and innovation is a focus for both the Cleveland Foundation and JumpStart.

Image: Photo by CONTRIBUTED PHOTO - Dan Moulthrop, CEO of the City Club of Cleveland, moderates the Robert D. Gries Keynote Lecture, delivered by AOL co-founder Steve Case.

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hal-9000

I’m willing to bet you didn’t know that artificial intelligence can help sort cucumbers.

It can, and in fact it does. And while AI has gotten massive amounts of attention recently due to its role in making cars autonomous, doing facial recognition, and automatically translating languages, there’s one man in Silicon Valley who really wants everyone developing any kind of technology-based tool to know that AI has something to offer them as well.

 

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starbucks

Billionaire Starbucks chairman Howard Schultz talked to Arizona State University graduates on Monday about his dissatisfaction with the state of politics and how younger generations could prepare to incite change.

After sharing his own story of overcoming adversity to build one of the most successful companies in America, Schultz said "my generation has not made it easy for you" to achieve the same.

 

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Boy Genius Boyan Slat s Giant Ocean Cleanup Machine Is Real

When the oceanographer Charles Moore first discovered the Great Pacific Garbage Patch–an area of the ocean where currents concentrate the plastic we throw into the ocean–in 1997, he was shocked by its magnitude and persistence. “It seemed unbelievable, but I never found a clear spot,” he wrote later in Natural History magazine. “In the week it took to cross the subtropical high, no matter what time of day I looked, plastic debris was floating everywhere: bottles, bottle caps, wrappers, fragments.” In the years since the plastic buildup has only worsened. In a recent article in the New York Times, Moore reported that the Patch, through a process of accretion, now contains “solid areas you could walk on.”

Image: Boyan Slat, who first set out a vision of his Ocean Cleanup machine in a TED talk six years ago when he was just 17. (Image: courtesy The Ocean Cleanup Foundation)

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Abe Nadimi and Mess Wright of Mess Labs

You can go ahead and file this one under, “Things You Aren’t Supposed to Say but Mess Says Anyway.” Oh, well, here goes:

It seems there is some sort of incubator, accelerator, or entrepreneurial center popping up everywhere lately.

I think this is supposed to (and can) be a good thing, but I have to tell you something.

I’ve been in this startup world for nearly a year, and I’ve found the majority of the “entrepreneurs” and “mentors” I’ve met are actually either hacks, delusional liars, con-artists, or people who are otherwise lost or unemployable.

Image: Abe Nadimi and Mess Wright of Mess Labs - http://brainzooming.com

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city building

There is no magic formula to make acquisitions successful. Like any other business process, they are not inherently good or bad, just as marketing and R&D aren’t. Each deal must have its own strategic logic. In our experience, acquirers in the most successful deals have specific, well-articulated value creation ideas going in. For less successful deals, the strategic rationales—such as pursuing international scale, filling portfolio gaps, or building a third leg of the portfolio—tend to be vague.

 

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When Kaye Ridolfi, our senior vice president for advancement, took her place behind the podium at tonight’s 2017 Annual Meeting presented by KeyBank, it was ostensibly to talk solely about Organizational Fund Partner Appreciation Week. While she did discuss the importance of recognizing the more than 170 Greater Cleveland nonprofits that have embraced the strategy of building a community endowment by partnering with the foundation to establish organizational funds, Ridolfi also had a surprise up her sleeve.

 

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big data

Ask five different entrepreneurs what the most important aspect of their business is, and you’ll likely get five different answers. Exceptional employees? Great products? Killer strategy? These are all reasonable and common responses. One answer that you will rarely hear, though, is that your business is nothing without you. It sounds simple, but it’s 100% true. You are the driving force behind your business. You are the brains behind the entire operation. If you are not looking after yourself and performing at the best of your ability, how can you expect your business to thrive?

 

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NewImage

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Maybe it’s time to look harder at the mantra of a new breed of gurus and successful entrepreneurs, including Steve Blank and Eric Ries, called “nail it then scale it” (NISI).

Image: http://blog.startupprofessionals.com

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