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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 the market for a new job or a career change? If money is your top concern, career site Glassdoor today released its annual study of the 25 highest paying jobs in the United States.

If you’re looking in the tech industry, you’re in the luck. Thirteen out of 25 jobs on the list are tech gigs, including positions that are new additions to Glassdoor's list such as cloud engineer and data scientist. Medicine also ranks high, featuring in the top three of the list: physician, pharmacy manager and pharmacists.

 

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Veteran of Obama administration, tech and academic worlds, is given job of harnessing tech to update government in New Jersey

New Jersey is making serious efforts to become one of the most innovative and technologically engaged states in the nation, with building an “innovation economy” an oft-stated priority for Gov. Phil Murphy. Yesterday, the governor pointed up that commitment by naming the state’s first ever Chief Innovation Officer.

Image: Beth Simone Noveck, New Jersey's new Chief Innovation Officer

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business women

Dell's 2018 Women Entrepreneur Cities Index lists the top cities in which women can thrive as business owners.

The top city is New York City, followed by San Francisco, London, Boston and Stockholm. Los Angeles, Washington, D.C., Singapore, Toronto and Seattle rounded out the top 10.

While New York City was top-ranked, its 62.9 score out of a possible 100 showed that there was "considerable room for improvement," according to the report.

 

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JetBlue Airways’ TrueBlue frequent flier program topped J.D. Power’s airline loyalty program customer satisfaction list for a second year in a row.

J.D. Power tallied up 3,025 responses from rewards program members, and people really like JetBlue. Its program has a fiercely loyal traveler base, thanks to its easy-to-earn miles that result in flights with plenty of legroom, free snacks, and free Wi-Fi.

Image: Eric Salard/Wikimedia Commons

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The Latest Research AI and Machine Learning

Artificial intelligence (AI) and machine learning may soon drive a massive reshaping of the economy and society. But what impact is AI already making in the workplace? Is it living up to the hype? And what should your company be doing right now to ensure it is poised for success? This 20-article collection, curated by our editors, includes the best recent research, case studies, and analysis on machine intelligence published by "Harvard Business Review." These articles by experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology will evolve in the near future. Each article includes discussion questions to help you kick off urgent conversations about how to implement AI initiatives in your company and capitalize on the opportunity of the machine intelligence revolution. "The Latest Research: AI and Machine Learning" is a digital product and intended for individual use. To learn more about volume discounts for organizations, contact This email address is being protected from spambots. You need JavaScript enabled to view it..

 

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marble

In May 2018, Google CEO Sundar Pichai unveiled Google Duplex, a new virtual AI assistant with a hyper-realistic voice. Attendees of this year’s Google I/O conference listened to a recording of Duplex making a hair salon appointment, then a restaurant reservation. Both conversations were so natural that the humans on the phone probably had no clue they were talking to an AI entity.

 

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Rahul Varshneya

Every aspiring entrepreneur dreams about making it as a successful business owner. If you can relate, you likely already have a side hustle.

Considering that around 44 million Americans have a side hustle, the numbers speak for themselves. Although an exciting and rewarding journey, a side hustle can actually hinder your success. If you’re currently hustling on random weeknights and on the weekend, you’re unfortunately delaying your opportunity to grow a real business.

 

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bread

When it comes to carbs, your best nutrition strategy might be the oldest one in the book: moderation.

That’s according to a new study published in The Lancet Public Health, which finds that people who get about half of their total calories from carbohydrates may be at a lower risk of early death than those who follow either very high- or very low-carb diets.

 

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While cryptocurrencies have grabbed global headlines, the technology underlying them, Blockchain, appears to be determining market trends in 2018.

Deloitte Determines Blockchain Trends Blockchain technology launched a run of its own in 2017, with businesses seeing significant investments based on the inclusion of the word blockchain in their name. Before many in business circles knew what blockchain technology was or could do, it became a global trend.

Image: https://btcmanager.com

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At the start of every semester, Noam Wasserman asks his students a question: How important is passion for the "entrepreneurial magic?"

Wasserman is the founding director of the Founder Central Initiative at the University of Southern California's Marshall School of Business, and he's noticed his students consistently buy into common misconceptions around successful entrepreneurship.

Image: Passion plays a complicated role in starting a business. Noam Wasserman pictured. Courtesy of Noam Wasserman

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data

Modern data science emerged in tech, from optimizing Google search rankings and LinkedIn recommendations to influencing the headlines Buzzfeed editors run. But it’s poised to transform all sectors, from retail, telecommunications, and agriculture to health, trucking, and the penal system. Yet the terms “data science” and “data scientist” aren’t always easily understood, and are used to describe a wide range of data-related work.

 

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startup

Most financial institutions don’t work with early stage startups, which is why founders are turning to angel investors and venture capitalists for funding. Today, fewer deals and larger raises make early stage financing more elusive than ever.

Despite an impressive year of venture capital funding in 2017, investors are investing in fewer seed and pre-seed rounds, according to the “4Q 2017 PitchBook-NVCA Venture Monitor” (email required). The average entrepreneur is expected to self-fund for at least two years before raising outside capital.

 

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new jersey

Gov. Murphy talks a lot about what he calls the ‘innovation economy.’

Today, he signed a bill that re-establishes a tech-oriented commission that was defunded in 2010.

“In 1985, a dear friend, a guy who has been a mentor to me, Gov. Tom Kean, created the New Jersey Commission on Science and Technology. As he said then, putting high-tech facilities in our New Jersey universities and leading centers will ensure a high-tech workforce that’s second to none. Those words ring true to the letter even 33 years on,” Murphy said.

 

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A Harvard scientist thinks he's reached a new milestone: a genetic test that helps identify people who are at high risk of having a heart attack. Can he convince doctors to use it?

"I think--in a few years, I think everybody will know this number, similar to the way we know our cholesterol right now," muses Sekar Kathiresan, director of the Cardiovascular Disease Initiative at the Broad institute and a professor at Harvard Medical School.

Image: SEKAR KATHIRESAN

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digital

During the 1980s, McKinsey’s Fred Gluck and Harvard Business School professor Michael Porter began writing about the interrelated activities through which companies create value for their customers. Executives have always had choices about how to perform the activities in this “business system” (Gluck’s words) or “value chain” (Porter’s). In the digital age, as information disrupts the nature of value creation in many industries, the range of choices available to senior business leaders has increased. For example, digital platforms in the pharmaceutical industry now make it possible to aggregate massive amounts of data on diseases—potentially accelerating the discovery and design of new drugs and challenging the industry’s legacy processes.

 

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John C Austin

Since Rust Belt voters tipped the results of the 2016 election, interest in effective strategies for supporting new business and job growth in this important region has intensified.

Such interest recognizes that the states of the upper Midwest share more than their swing state status. A unique economic and social development storyline unites the industrial heartland, extending across all or part of 12 states from Minnesota and Missouri in the West, through the Great Lakes and up the Ohio River Valley to Western New York, and to Pennsylvania and West Virginia in the East.

 

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