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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.

patent

At a research institution like the University, the decision to patent and market products invented by professors and graduate students can be a complicated one.

Professors, graduate students, visiting lecturers, and other faculty can choose to commercialize the products of research they conduct using University resources. If they do so, they can access University resources like the Keller Center and the Office of Technology Licensing. The University also has a right to any licenses, patents, and other intellectual property (IP) rights arising from these commercial efforts. Any resulting revenues are split according to a prescribed formula between the researchers and the University. Often, a company or other commercial entity is used to market the IP, in which case it holds some of the rights and receives some of the revenues of the IP, as well.

 

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high point

When it comes to elevation, the United States is a country of extremes.

On one end of the spectrum, Alaska's Denali is the highest mountain in North America, rising to more than 20,000 feet above sea level.

On the other end, you have Florida's Britton Hill, which tops out at just 345 feet above sea level, making Florida the state with the lowest high point in the US.

 

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NewImage

So far, Generation Z is shaping up to be a largely inspirational crew — they're fierce activists, proponents of sustainable, plant-based food, and more interested in curating their social media pages than sneaking alcohol out of their parent's liquor cabinets.

For all the advancements we know Generation Z will introduce to the world in years to come, we can't help but feel nostalgic for the groundbreaking inventions that came before their time.

Image: http://www.businessinsider.com - Smartphones didn't always exist to take our selfies. Ben Weber/Unsplash

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NewImage

Capital Factory will be opening its new accelerator on Oak Lawn in Dallas in mid-May, joining a list of other accelerator programs that each have their own specialty in North Texas.

Joshua Baer, founder of Austin-based Capital Factory, said this will be “epic space” at the Centrum.

“They just put the sign up yesterday,” Baer said. “It looks super cool.”

Image: Participants in the Startup Week panel, Can an Accelerator or Incubator Jumpstart your Startup?: (Left to right, top row first) Joshua Baer (Capital Factory), David Matthews (RevTech), Hubert Zajicek (Health Wildcatters), Tahir Hussain (Collide Village), Ricky Tejapaibul (Tech Wildcatters), and Joseph Clemko (Beckmen Law Firm). (Photos: Michael Samples)

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carpenter

If you're looking for a high-paying job, don't overlook some of the oddest ones. They're the jobs you aren't likely to hear mentioned at a dinner party when someone asks, "What do you do?" You meet bankers or teachers or lawyers every day, but how many cruise ship entertainers or woodworkers do you know?

 

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Elon Musk

In KPMG’s annual Global Technology Innovation report which captures tech innovation findings, Google has emerged as the leader in tech innovation. The report is based on views of 767 business executives globally from venture capital firms and tech companies.

The US and China lead as the top countries for innovation. In a statement released by KPMG, “Innovation from the US and China technology industries continues to drive economic value and this year’s survey underscores that point,” said Tim Zanni, Global and US Technology Sector Leader.

 

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NewImage

NEW DELHI: India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

He said what drives productivity is pertinent when it comes to innovation and is a very relevant question for India as it seeks to move up the ladder from low middle income to high income country.

Image: https://economictimes.indiatimes.com

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NewImage

Luxembourg Open Innovation Club ambassador Emilie Bechet explains how Luxembourg’s burgeoning startup eco-system is helping companies to innovate.

Jess Bauldry: What does Loic do and how was it founded?

Emilie Bechet: The Luxembourg Open Innovation Club (Loic) was created two years ago by nyuko, Lux Future Lab, Technoport and Luxinnovation. Loic was launched to bridge the gap between the creativity of international startups and Luxembourgish corporate innovation.

Image: http://delano.lu

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fast train

The UK’s corporate accelerator sector is positively booming, with startups playing an increasingly important role in the open innovation strategies of large firms, including the likes of Jaguar Land Rover, John Lewis, and Barclays. 

According to a report by Nesta, of the 163 accelerator programmes in the UK over half are now funded or sponsored by corporates, up from just 26 in 2014. While this indicates the growing importance that large organisations now place on their interactions with startups, the sharp upward trend in accelerator activity has prompted some to question their value.

 

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NewImage

Akshat Thirani founded his startup, Amper, which helps manufacturers monitor key metrics of their machines, at Northwestern University. He moved it to a technology accelerator in China, and then to another one in Silicon Valley.

But when it came time to settle Amper in a permanent home, Thirani chose Chicago for two simple reasons: Location and affordability. Our airports offer more direct flights to Amper’s manufacturing customers and the city offers a more affordable place to do business than San Francisco.

Image: https://chicago.suntimes.com

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Michael Horn

Innovation has reached buzzword status inside colleges and universities.

Higher education institutions are creating innovation offices and chief innovation officer positions, launching various online and competency-based offerings, and, in some cases, answering to nervous boards of trustees regarding whether their institutions are doing enough to prepare students for an increasingly uncertain future.

 

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innovation

I was recently struck by a story in the Chronicle of Higher Education titled “Business Schools Have No Business in the University.” This article struck a consistent chord of misunderstanding, and frustration with, business programs within the higher education community.  

I majored in English as an undergraduate at Emory, then earned my MBA at University of Washington. Having gained significant value both from my liberal arts and business training, I can understand both the tension and potential power in this relationship.

 

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NewImage

Wearing a tech-enabled device that can track your daily steps or keep track of your heartbeat during workouts has become something many of us take for granted. But we’re still on the forefront of seeing what the blending of biology and technology might be able to do, according to Nicholas Becker, a Ph.D. student in electrical engineering at UW and a Global Innovation Exchange student.

Image: The time is ripe for biology, machine learning and tech to come together beyond the basic FitBit step counters, says John Raiti, Ph.D., a senior research engineer and lecturer at GIX.

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NewImage

General Electric is selling a chunk of its healthcare IT business to New York private equity firm Veritas Capital for $1.05 billion in cash, as GE (NYSE: GE) chief executive John Flannery aims to streamline the Boston-based industrial behemoth and reverse a steep decline in its stock price.

Veritas has agreed to acquire GE Healthcare’s “value-based care division,” which includes its financial management, ambulatory care management, and workforce management software units. The deal is expected to close in the third quarter, according to a press release.

Image: https://www.xconomy.com

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quebec

TAGS Amnesty For IllegalsCanadaIllegal ImmigrantsIllegal ImmigrationImmigration CrisisImmigration ProtestImmigration ReformQuebecRefugee CampsRefugee CrisisRefugeesSyria Refugees The Government of Quebec has proposed several updates to its Entrepreneur immigration category.

The changes will revise two components which are used to select entrepreneurs. One will be focused on owner-operated and funded businesses, while the other will be focused on startups supported by a university or business incubator/accelerator.

 

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buildings

In the early 2010s, economic development emphasized renting over homeownership and young people over families, and clustered economic activity in urban cores instead of outlying areas. This model didn't need much from the political system. But trends in recent years, affirmed by the latest census data, show that we're going to need a different framework in the years to come, and it's not clear yet if the economy and political system are up to the task.

 

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NewImage

Richard Florida has a new piece over at City Lab analyzing recent data on venture capital from Pitchbook. The conclusion is that venture capital funding is hyper-concentrated, and getting even more so:

"The Bay Area—that is, San Francisco and Silicon Valley—currently accounts for nearly 45 percent of total venture capital investment in the entire United States.

Image: http://www.newgeography.com

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boot camp

Boot camp-style workouts have been around for decades. But now they come in many shapes and flavors—from bridal boot camps designed to tone people up for their nuptials to “prison-style workouts” taught by people who were formerly incarcerated.

Yet most boot camps share a few important things in common. They combine a series of calisthenics, like pushups, lunges and squats, with running, jumps and other high-intensity aerobic movements that are modeled loosely on military methods for whipping new recruits into shape.

 

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money

What does a community need to foster the type of entrepreneurial environment that will bring jobs and wealth into the region?

That’s what a new study will explore, and UW-Madison will be part of it.

The Ewing Marion Kauffman Foundation is kicking off a series of research projects, called “Uncommon Methods and Metrics,” aimed at measuring paths to success and creating a data-driven, nationwide model for entrepreneurship.

 

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