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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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For the next long-term EU budget 2021-2027, the Commission is proposing €100 billion for research and innovation.

A new programme – Horizon Europe – will build on the achievements and success of the previous research and innovation programme (Horizon 2020) and keep the EU at the forefront of global research and innovation. Horizon Europe is the most ambitious research and innovation programme ever.

Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said “Investing in research and innovation is investing in Europe's future. EU funding has allowed teams across countries and scientific disciplines to work together and make unthinkable discoveries, making Europe a world-class leader in research and innovation. With Horizon Europe, we want to build on this success and continue to make a real difference in the lives of citizens and society as a whole.”

 

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BURLINGTON, ON, June 8, 2018 /CNW/ - Through the Build in Canada Innovation Program (BCIP), the Government of Canada is connecting Canadian innovators with their vital first customer and helping generate sustainable economic growth in communities across the country.

Today, Pam Damoff, Member of Parliament for Oakville North–Burlington, announced that the Government of Canada is investing in a made-in-Canada innovation. Morgan Advanced Materials, Composites and Defence Systems of Burlington, Ontario, received a $404,828 contract for its protection tool (Light Weight Armour 324+ ic06), ideal for military and security personnel.

 

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Most companies today claim they are embarked on a transformation to ensure their long-term survival in this era of disruption and rapid change. But in their day-to-day practices, many of their leaders and employees blindly follow the same practices they always have. The results include a rising tide of fading stalwarts, including Sears, Toys R Us, Borders, and Men’s Wearhouse,

Image: https://blog.startupprofessionals.com

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Attorney Jon Pinney, managing partner of Kohrman Jackson & Krantz, offered an assessment of the regional economy to a sold out City Club of Cleveland audience on Friday, June 8.

His appraisal was clear, if unsettling.

"We're getting our butts kicked. We're dead last or near the bottom in most economic metrics," he said. "Our population continues to decline at an alarming rate (and) our economy has not evolved into an innovation economy quickly enough."

Image: Photo by JAY MILLER  - Jon Pinney, at a City Club of Cleveland appearance on Friday, June 8, challenged the region to make changes that will accellerate economic growth.

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Nothing rings in the summer better than the smell of burgers on the grill.

Getting a ground beef patty between two sesame buns is easy enough, but some folks have mastered the art in ways the rest haven’t — winning awards or becoming local legends for their juicy burger meat, or for sauce and condiment combinations.

 

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In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented. Only rare great entrepreneurs, like Bill Gates and Elon Musk, have proven to be both.

I worked with Bill Gates in the early days of Microsoft and the IBM PC, while I was with IBM. Bill was relentless in his focus on getting the software PC DOS project delivered, while continually challenging us with new business models. Elon Musk is known for his focus on implementation, often working 80-100 hours a week, while still able to offer an endless supply of innovative ideas.

Image: https://blog.startupprofessionals.com

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In 1965, Intel cofounder Gordon Moore published a remarkably prescient paper which predicted that computing power would double about every two years. For a half century, this process of doubling has proved to be so remarkably consistent that today it is commonly known as Moore’s Law and has driven the digital revolution.

In fact, we’ve become so used to the idea that our technology gets  more powerful and cheaper that we scarcely stop and think about how unprecedented it is. Certainly, we did not expect horses or plows — or even steam engines, automobiles or airplanes — to double their efficiency at a continuous rate.

Image: http://innovationexcellence.com - Lyn Topinka

 

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PLENTY OF PEOPLE around the world got new gadgets Friday, but one in Eastern Tennessee stands out. Summit, a new supercomputer unveiled at Oak Ridge National Lab is, unofficially for now, the most powerful calculating machine on the planet. It was designed in part to scale up the artificial intelligence techniques that power some of the recent tricks in your smartphone.

Image: The IBM-built Summit supercomputer is the world's smartest and most powerful AI machine. Its racks are connected by over 185 miles of fiber-optic cables. - GENEVIEVE MARTIN/OAK RIDGE NATIONAL LABORATORY

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Innovation ecosystem key in Calgary Economic Development 10 year strategy CBC News

Calgary Economic Development says innovation is key for the city to fully move beyond its recent economic challenges, which include unemployment and lots and lots of empty offices.

"Although we have had strong GDP growth last year, and modest GDP growth predicted for the next couple of years, we still have some big economic issues," the group's president and CEO Mary Moran told The Homestretch on Thursday.

"We still have 13 million square-feet of office space available, and we still have the highest unemployment in the country."

Image: In its new strategy paper, Calgary Economic Development argues the recession may be behind us but the economy is now at a crossroads, says CEO Mary Moran. (CBC)

 

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Job searches always take time but don’t have to waste time. As a time management coach, I’ve worked with many job seekers who stick to whatever feels safe and comfortable instead of doing what’s effective, only to find their job searches stretching on for an eternity. But in my experience, making your job search more efficient starts with recognizing these five signs that you’re wasting time.

 

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immigrants

In late May, the Department of Homeland Security announced its plans to rescind the International Entrepreneur Rule, an Obama-era provision that allowed foreign-born entrepreneurs to stay in the United States for up to five years to expand their businesses, granted they could prove their companies’ potential for rapid business growth and job creation. The announcement came as no surprise, given the Trump administration’s rollback of other executive orders issued during Obama’s presidency, and earlier hints the administration would cancel the rule. But it dealt a particular punch to those who saw the rule as a gateway toward a long-held goal: a start-up visa, which would create a pathway to legal immigration for foreign-born entrepreneurs, thus drawing the best founders to the United States and improving its competitiveness at a time when other countries are launching more and more lucrative start-ups.

 

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THE stereotype of a typical MBA graduate is that of a confident, well-dressed person who is destined for a career in management consultancy, finance or climbing the greasy pole at an S&P 500 company. The stereotype of an entrepreneur is a college drop-out. Yet business schools, eager to prove that they are not just factories for manicured professionals, are increasingly keen to teach entrepreneurial skills to their students.

 

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Globetrotters are always looking for inspired travel recommendations from those in the know in order to experience new destinations in the most authentic way possible — and those passed by word-of-mouth are always best.

As summer kicks off, Business Insider asked friends, colleagues, and some of the world's travel experts for their favourite — and overlooked — European destinations that can be seen in a long weekend.

Image: A passage to the sea in Rovinj, Croatia a fishing port known for its pastel-coloured townhouses and sweet swimming spots. - Flickr/Christoph Sammer

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Handwriting is like fingerprints: No two people have exactly the same.

Although handwriting analysis has plenty of detractors, experts in the field claim that one's handwriting can telegraph clues about their personality, work style, and psychological state.

Handwriting analysts are known as graphologists, and we asked two of them — Kathi McKnight and Elaine Charal— to analyze the signatures of 15 well-known business leaders and tell us what they saw.

Image: http://www.businessinsider.com

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NASA Curiosity Rover Mars has life Building blocks discovered

The "building blocks" for life have been discovered in 3-billion-year-old organic matter on Mars, NASA scientists announced Thursday.

Researchers cannot yet say whether their discovery stems from life or a more mundane geological process.  However, “we’re in a really good position to move forward looking for signs of life,"  said Jennifer Eigenbrode, a NASA biogeochemist and lead author of a study published Thursday in the peer-reviewed journal Science. 

Image: (Photo: Uncredited, AP)

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World s Deadliest Volcanoes Are Identified Scientific American

Swept away by mudslides, entombed in lava or suffocated under ash, nearly 280,000 people have died in volcanic eruptions during the past four centuries, but only now has humanity managed to quantify the risk posed by these fiery phenomena. The first detailed assessment of global volcanic risk—part of a larger international hazard assessment released on March 4 by the United Nations Office for Disaster Risk Reduction—aims to save lives by providing better information for risk planners and by showcasing effective response measures.

Image: https://www.scientificamerican.com

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Smart cities Digital solutions for a more livable future McKinsey Company

As cities get smarter, they are becoming more livable and more responsive—and today we are seeing only a preview of what technology could eventually do in the urban environment.

Until recently, city leaders thought of smart technologies primarily as tools for becoming more efficient behind the scenes. Now technology is being injected more directly into the lives of residents. Smartphones have become the keys to the city, putting instant information about transit, traffic, health services, safety alerts, and community news into millions of hands.

 

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The Heroes of America s Startup Economy Weren t Born in America Inc com

From Alexander Graham Bell to Tesla's Elon Musk, foreign-born entrepreneurs have historically been a key driver of American innovation--and their presence has grown steadily in recent decades.

According to the Entrepreneurship Rate indicator of the Inc. Entrepreneurship Index, Inc.'s proprietary benchmarked score representing the health of American startups, the percentage of entrepreneurs who are immigrants is currently close to a 20-year high. Today, they are a large reason the Inc. Entrepreneurship Index has remained relatively stable at 87 out of 100 in the first quarter of 2018, down almost imperceptibly from 88 out of 100 in the quarter prior.

 

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