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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.

meeting

Ever wonder what the CEO of your company does all day? Or if you’re a CEO, are you curious about your peers’ schedules? A group of professors from Harvard Business School, the London School of Economics, Columbia University, and the University of Oxford pondered the same question and conducted a survey of more than 1,000 CEOs in six countries to find out what they’re doing and how that behavior relates to the success or failure of their companies. Their findings were published in the Harvard Business Review. Here’s how the average day breaks down:

 

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office buildings

More institutional investors recognize environmental, social, and governance factors as drivers of value. The key to investing effectively is to integrate these factors across the investment process.

Sustainable investing has come a long way. More than one-quarter of assets under management globally are now being invested according to the premise that environmental, social, and governance (ESG) factors can materially affect a company’s performance and market value. The institutional investors that practice sustainable investing now include some of the world’s largest, such as the Government Pension Investment Fund (GPIF) of Japan, Norway’s Government Pension Fund Global (GPFG), and the Dutch pension fund ABP.

 

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Lyuaneading Chinese financial institutions are slowly increasing their physical footprint in Silicon Valley, mirroring the moves made by Middle Eastern investors in recent years as foreign countries look to capitalize on the U.S. tech boom.

The two central players at this point:

  • The China Investment Corporation, or CIC, a sovereign wealth fund which manages over $800 billion on behalf of the Chinese government 
  • CIC is not to be confused with the other force, CICC, or the China International Capital Corporation, a Chinese investment bank formed in 1995 that is the nation’s first brokerage and is sometimes called “the Goldman Sachs of China.”

 

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question

In theory, the West Virginia Jobs Investment Trust sounds like a good idea.

Established in 1992, the public venture capital fund tries to spur economic development by investing in small businesses trying to set up shop or expand in West Virginia.

And we would agree with Pat Bond, a member of the Investment Trust’s board, and a successful businessman in his own right, that “you miss all the shots you don’t take.”

 

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NewImage

For 10 years, Peter Drucker was a mentor and friend. Here’s what I learned from him…

I’ll share a personality flaw with you; I’m not much of a follower, which is likely why I’m an entrepreneur. Yet, some people cast a light so bright that you can’t help but follow the path they illuminate into the future. Peter Drucker was one of those people.

Drucker may have been the 20th Century’s most-influential business thinker. Though he wrote 39 books, most of what I know about him came from a more casual context; across a lunch table at his favorite Italian restaurant, on the couch of his modest Claremont ranch, or over dinners and glasses of Merlot at the Hotel Del Coronado.

Image: http://innovationexcellence.com

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Ahealthcare vision on healthcare and medicine in 2025; customer & patient experiences will change dramatically due to AI, IoT, Cloud driven disruption:

It’s time for your annual checkup! A phlebotomist will conveniently visit you at home in the early morning and take your blood (while you are lying relaxed, since it makes a difference to your metabolome if you are lying or sitting), possibly also collecting samples of saliva as well as urine and stool samples your intelligent toilet was sampling and preserving for later microbiome, metabolome, proteome analytics . The service for onsite blood sampling and the technology is there; see IggBo video.

 

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amsterdam

As cities become smarter they also get safer, according to a new report by the Consumer Technology Association (CTA).

The CTA released its study – The Rise and Growth of Smart Cities in Europe – at preview events in Paris and Amsterdam for January’s CES® 2018, CTA’s annual consumer tech event in Las Vegas. It looked at the way Internet of Things (IoT) technologies are transforming urban centres by facilitating smart and connected options like parking assistance apps, smart energy meters and automated street lighting

 

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new york city

PALO ALTO, Calif. (KGO) -- A newly-installed billboard near Highway 101 through Palo Alto is generating a lot of attention. At first glance, it appears to target Silicon Valley tech workers, but the man behind the effort says there's much more to it.

"I think Silicon Valley does have an image problem," said Andrew Rasiej, a Manhattan-based civic and social entrepreneur who is responsible for the billboard. "I would prefer that people not refer to the entire tech industry as Silicon Valley."

 

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innovation

Tech companies make up nine of the 20 most innovative companies in the world, according to PwC 2017 Global Innovation 1000 ranking – led by global online retailer, Amazon.com.

Annual worldwide corporate research and development (R&D) spending broke through $700 billion in annual investment, according to PwC’s annual analysis of R&D spending across 1000 global public companies.

 

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NewImage

The visuals for Chicago's new innovation center are a sight. Set on 62 acres in downtown Chicago, the offices are wrapped in a checkerboard of glass windows, a verdant garden sits beneath along with cobbled walkways, concrete ponds, spacious lobbies and throngs of people all spattered in between.

The renderings are concept illustrations of the Discovery Partners Institute (DPI), the first of many planned state innovation centers that will be part of a new Illinois Innovation Network (IIN). Gov. Bruce Rauner is backing the network along with the University of Illinois at Urbana–Champaign (UIUC).

Image: http://statescoop.com

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NewImage

If you had told the likes of George Orwell and Aldous Huxley about the technology advances in the future, they wouldn’t have believed you. Not only is technology leaps and bounds past the likes of ‘Big Brother’ and ‘soma’, but we are actually printing things that used to take significant time, factories, resources, and human assistance to build. How is this possible? 3D printing is taking the world by storm and it shows no signs of slowing down.

Image: https://readwrite.com

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science

Bill Nye is perhaps best known for the zany persona he cultivated for years as a science educator — always filled with cheer for the subject matter at hand. But that fun zaniness disappears in the new documentary Bill Nye: Science Guy in a moment bound to send a chill up the spine of anyone who believes that American students should learn basic science. In the film, Nye confronts famed creationist Ken Ham as he undercuts evolution in a conversation with an elementary school-age child at Kentucky's Creation Museum.

 

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meeting

Is it just me in my role as business advisor, or is emotional drama in the workplace increasing? Team members seem to be spending more and more time venting to anyone who will listen about the motives and actions of others, and less time introspectively focused on their own productivity and accountability. The result is less real engagement and more negativity for all to endure.

According to a new book, “No Ego,” by international keynote speaker and business consultant Cy Wakeman, the average worker spends 2.5 hours per day distracted by drama. She presents a convincing array of real examples that we have all seen, and offers the following reality principles for business leaders and professionals who want to turn this trend around in their environment:

 

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entrepreneur

Indians are increasingly becoming ambitious about entrepreneurship, if a recent study is to be considered, which says more and more employees here are seriously thinking of leaving their jobs to start their own businesses. The Indian average is more than any other country.

The survey by Dutch multinational human consulting firm Randstad Workmonitor stated that 83 per cent of Indian workforce would like to be entrepreneurs, much higher than the global average of 53 per cent.

 

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HAL9000

We are surrounded by hysteria about the future of artificial intelligence and robotics—hysteria about how powerful they will become, how quickly, and what they will do to jobs.

I recently saw a story in MarketWatch that said robots will take half of today’s jobs in 10 to 20 years. It even had a graphic to prove the numbers.

The claims are ludicrous. (I try to maintain professional language, but sometimes …) For instance, the story appears to say that we will go from one million grounds and maintenance workers in the U.S. to only 50,000 in 10 to 20 years, because robots will take over those jobs. How many robots are currently operational in those jobs? Zero. How many realistic demonstrations have there been of robots working in this arena? Zero. Similar stories apply to all the other categories where it is suggested that we will see the end of more than 90 percent of jobs that currently require physical presence at some particular site.

 

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growth

How can software and online-services companies determine the right balance between growth and profitability?

It is clear to most in the software and technology community that the days of growth at any cost are behind us, at least for now. Of course, growth is still important—it remains one of the most important factors in valuation, access to capital, and shareholder return, as well as the ability to attract top talent. Although some companies, investors, and shareholders are still focused solely on rapid growth, many in the start-up ecosystem are increasingly pushing for sustainable growth, which balances high growth rates with evidence of a path to profitability. These investors and operators view sustainable growth as the leading indicator of a software company’s overall health and potential.

 

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meeting

If you’ve ever watched HBO’s Silicon Valley, you’re familiar with common stereotypes of tech startups: code-savvy millennials in a brick wall loft space, working away on multiple screens, riding around on hoverboards, donning VR headsets — basically using technology like a second appendage. Often times startup culture does indeed look like this.

 

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NewImage

Every marketer wants the perfect story to tell. But if you’re in medicine, you don’t want it to be about yourself.

Earlier this year, vascular surgeon John Martin was testing a pocket-sized ultrasound device developed by Butterfly Network, a startup based in Guilford, Connecticut, that he’d just joined as chief medical officer.

He’d been having an uncomfortable feeling of thickness on his throat. So he oozed out some gel and ran the probe, which is the size and shape of an electric razor, along his neck.

Image: https://www.technologyreview.com/

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