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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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What makes you excited to get up and go to work every day?

Today, job site Glassdoor released its 10th annual Best Places to Work list for 2018.

In order to be eligible, companies had to have more than 75 approved reviews per company from employees based in the United States and had to have a staff of 1,000 employees or more. The businesses also had to be submitted for consideration between Nov. 1, 2016, and Oct. 22, 2017.

 

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workoholic

Most people will agree that being a workaholic is a bad thing. The word itself, adapted from “alcoholic,” implies a compulsive behavior that could eventually kill you. It has even been referred to as an addiction by some researchers, albeit one that’s socially acceptable — even rewarded — in American business.

We think of the workaholic as someone hunched in a cramped office in rumpled clothing, sweating over a hot computer while the hours crawl by and everyone else has gone home. Or someone obsessively on email and the phone while they’re supposed to be relaxing on vacation. We say they are “working themselves to death.” But are they, actually?

 

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podcast

By building an ecosystem of groups and departments that you need support from to make your innovation successful, you greatly enhance your chances for success. This innovation ecosystem can consists of:

  • Operations (finance, IT, legal, etc) 
  • Manufacturing/supply chain 
  • Product development/services delivery 
  • Sales and Marketing

 

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pills

The landscape for the delivery of health care in the United States is changing, but the traditional care-delivery players are not the change agents. The recent announcement of CVS’s $69 billion deal to acquire Aetna brings an insurer together with a large network of primary care providers: CVS has built more than 1,100 Minute Clinic locations inside its pharmacy stores in 33 states and the District of Columbia. Also, Optum a division of UnitedHealth Group, the largest health insurer in America, has quietly amassed a group of medical providers over 20,000 strong, and on December 6, UnitedHealth announced plans to acquire DaVita Medical Group for the $4.9 billion. DaVita operates nearly 300 medical clinics, 35 urgent-care centers, and six outpatient surgery centers in California, Colorado, Florida, Nevada, New Mexico, and Washington.

 

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Woodbridge-based pharmaceuticals magnate is giving $22.5 million to UConn — the second-largest donation in school history — to found the Peter J. Werth Institute for Entrepreneurship and Innovation.

Werth, founder and CEO of Woodbridge drug manufacturer ChemWerth, pledged the millions of dollars Monday in a residence hall that will now bear his name. His name is already on the facility where the women’s and men’s basketball teams practice.

Image: Peter J. Werth, at podium, speaks at an event to announce his $22.5 millon to the UConn Foundation. (Peter Morenus/UConn Photo) (Peter Morenus / UConn)

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When Steve Case, the billionaire co-founder of AOL, first met J. D. Vance, author of “Hillbilly Elegy,” the best-selling book about the industrial decline of the Midwest, Mr. Case told him, “I really love the book but there is a part of it I don’t love.”

Mr. Vance listened patiently.

“It helped frame the problem but it didn’t really offer up a solution,” Mr. Case told him.

“Well, it is interesting you say that,” Mr. Vance replied, “because that’s really what my next chapter is going to be.”

Image: The AOL co-founder Steve Case, front, and the author J.D. Vance quietly recruited some of the country’s wealthiest people to invest in their Rise of the Rest fund, which will seed investments in underserved cities and encourage their contributors to partner with benefiting businesses. Credit Maddie McGarvey for The New York Times

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workforce

In an era marked by rapid advances in automation and artificial intelligence, new research assesses the jobs lost and jobs gained under different scenarios through 2030.

The technology-driven world in which we live is a world filled with promise but also challenges. Cars that drive themselves, machines that read X-rays, and algorithms that respond to customer-service inquiries are all manifestations of powerful new forms of automation. Yet even as these technologies increase productivity and improve our lives, their use will substitute for some work activities humans currently perform—a development that has sparked much public concern.

 

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innovation

For an organization to succeed, there needs to be support of the innovation process. This starts at the top of an organization, where key components of innovation can be formed and reinforced. Without an understanding of the four C's of innovation, most initiatives will remain on the drawing board.

Over the past decade, I’ve been fortunate enough to be given a multitude of opportunities to challenge organizations to become more innovative companies. Not all have gone according to plan, but throughout the years my models have been refined with increased success.

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bitcoin

The mainstream media basically “brainwashed” most Americans into thinking bitcoin was a scam.

Don’t expect the mainstream media to show you how to make a fortune from new tech trends, including digital currencies. They’re always late to the party.

In 1994, for example, the morning show NBC’s Today had a segment where one of the anchors asked, “What is the internet, anyway?”

In June 1998, mainstream economist Paul Krugman predicted the internet’s impact on the economy would be no greater than the fax machine.

I could go on and on.

 

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Gaps in opportunity for talented kids with low socioeconomic status don’t just hold back poor, female, black, or Latino children as individuals — they also impose potentially enormous losses to society as a whole. That’s the conclusion of groundbreaking empirical research published today by a team of leading economists from the Equality of Opportunity Project that Vox got an exclusive early look at.

 

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money tree

Healthcare today faces extraordinary challenges as aging populations, an increasing chronic diseases burden, and growth in the middle class in Asia transform patient needs. These stresses are placing new demands on innovation as health systems world-wide increase their scrutiny on value to address rising costs. Simultaneously, we are witnessing an unprecedented explosion of breakthroughs in science and technology that are redefining society and the practice of medicine.

 

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cheese

Cheese is typically considered more of an indulgence than a health food, but a new review of research suggests that it may not be as bad for you as once thought. In fact, people in the analysis who ate a little bit of cheese every day were less likely to develop heart disease or have a stroke, compared to those who rarely or never ate cheese.

 

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Johnson Johnson Innovation Announces Launch of JLABS Shanghai in Collaboration with Shanghai

SHANGHAI, Dec. 5, 2017 /PRNewswire/ -- Johnson & Johnson Innovation, today announced a collaboration with the Shanghai Municipal Government, Pudong New Area Government, and Shanghai Pharma Engine Company, Ltd. to launch a new Johnson & Johnson Innovation, JLABS in Shanghai (JLABS @ Shanghai), China. The 4,400-square-meter facility will be located in Shanghai's Zhangjiang Hi-Tech Park and will open in Q2 2019. 

JLABS @ Shanghai will be the first JLABS location established outside of North America and will accommodate up to 50 life science and healthcare startups, both single entrepreneurs and larger companies, focused on innovations across the entire healthcare spectrum, including pharmaceuticals, medical devices and consumer. JLABS @ Shanghai will provide resident innovators with a capital efficient and flexible platform including an extensive network that will enable them to accelerate the delivery of life-saving, life-enhancing health and wellness solutions to patients in China and around the world.

 

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Kurt Newman, M.D., President and Chief Executive Officer, Children’s National Health System joins Rich Bendis to discuss quality of care, medical innovation, and the future of healthcare. Since 1984, Dr. Newman has gone from Surgical Fellow to President and CEO at Children’s. He has championed innovations in the health system for both physical and mental health.

 

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tax

The Senate’s passage of a proposed overhaul to the U.S. tax code caps a period of uncertainty for the tech industry, spurring a sigh of relief from venture-capital investors.

In the months leading up to the landmark bill, Silicon Valley was rife with uncertainty over how new provisions would treat partnership profits at venture firms and the taxation of employee stock options. Investors feared that changes to the carried-interest deduction, which is the roughly 20% share in the profits enjoyed by general partners of venture...

 

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test tubes

On Sunday, some of the smartest minds in science and math will gather at the NASA Ames Research Center in Silicon Valley for the Breakthrough Prize, one of the biggest prizes in science. Several scientists will be recognized for their research, with 12 individuals receiving substantial funding for their work in advancing life sciences, physics and mathematics.

Founded in 2012 by Sergey Brin, Mark Zuckerberg & Priscilla Chan, Yuri & Julia Milner, and Anne Wojcicki, this year the annual prize provided $22 million in awards.

 

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With upwards of 2 million apps available in Apple’s app store and Android’s Google Play store, it can be a chore to find the truly useful tools or fun games to play. And without great apps, that $999 iPhone X you just bought is as good as a fancy paperweight.

So how do you find the top apps for your superpowered smartphone? We’ve been testing and trying new app store discoveries all year. Here are some of our favorites, a combination of the best new apps that just came out in 2017 and apps that got big new features over the last 12 months.

Image: Face App; Google Maps; HQ; Super Mario Run; Photo Illustration by Allison Schaller

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suburban development

The past decade has seen a gusher of books arguing for and detailing the supposed ascendency of dense urban cores, like the inimitable Edward Glaeser’s influential Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier, and about the ‘burbs as the slums of the future, abandoned by businesses and young people, like Leigh Gallagher’s The Death of Suburbia: Where the American Dream Is Moving.

 

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