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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.

Everything You Need to Know About the Apple Campus

Apple is known for having high standards when it comes to design, and it would seem that its latest and biggest project -- its brand new campus -- is no different.

To quote Saturday Night Live’s Stefon, “This place has everything.”

Related: Apple Shows Us It's Hard to Be Innovative When You're on Top. But Does it Really Matter?

There’s a park, giant tunnel, parking garage, cafe, solar panels, an auditorium and of course, an Apple store.

Read on for what Apple’s employees have to look forward to -- including a self-driving shuttle service to get them from point a to point b -- when their new HQ opens.

Image: https://www.entrepreneur.com

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Alphabet's Verily wants to be at the center of the medical start-up ecosystem, both literally and figuratively. The company, formerly known as Google Life Sciences, is now offering entrepreneurs access to its South San Francisco-based lab space, office space, talent and other resources in exchange for equity or cash. "We want to have cutting-edge tech companies working in health care proximate to us," said Verily's business development lead Andrew Harrison.

Image: https://www.cnbc.com

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Generation Z is the most entrepreneurial generation in history. Over 60% of high school students say they would rather be entrepreneurs instead of employees, as do 43% of college students.

Indeed small businesses rule the economy these days, and this youngest generation of adults wants in on the action. But why has there been such a shift in the attitudes of this generation compared with previous generations? There are a number of factors that all point to one thing: independence.

Image: https://thenextweb.com

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globe

The latest view on which cities are the most innovative – from yesterday, today and tomorrow has just been shared. Cities are where innovation happens, where most ideas form and economic growth largely stems. They are also where significant problems can first emerge and where challenges are magnified. Cities grow because they are a focus for opportunity. As dynamic centres of commerce, cultural eclecticism and knowledge, they are magnets for all walks of life, frequently attracting the best minds. The world’s most innovative cities act as global catalysts for change. As more cities seek to have impact, we need to understand what drives success.

 

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It was an audacious undertaking, even for one of the most storied American companies: With a single machine, IBM would tackle humanity’s most vexing diseases and revolutionize medicine.

Breathlessly promoting its signature brand — Watson — IBM sought to capture the world’s imagination, and it quickly zeroed in on a high-profile target: cancer.

But three years after IBM began selling Watson to recommend the best cancer treatments to doctors around the world, a STAT investigation has found that the supercomputer isn’t living up to the lofty expectations IBM created for it. It is still struggling with the basic step of learning about different forms of cancer.

 

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MIAMI — Tiffany Zadi creates leather shoulder bags, totes, accessories, and jewelry. While trolling thrift shops for materials she’ll recycle for her fashions, she’ll snatch up vintage finds and resell them through Etsy. The Little Havana section of Miami resident also teaches piano to several students, and lately she’s been leading handicraft “experiences” for small groups through Airbnb.

Joseph Nay builds and designs websites, including steady work for a content studio and a digital marketing agency. That’s led to other freelance jobs. The largely self-taught Hollywood, Fla. resident also creates and edits motion graphics and assists a nonprofit focused on helping Haiti. “It’s been a fun ride, tiring, but fun,” he said.

Image: Joseph Nay is part of the Gig Economy. Nay is a web developer, a web designer, and a motion graphics artist and editor, he has a triple arsenal of freelance skills. Nay works out of his Hollywood, Fla. home office.

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The 2 Most Important Attributes of Any Good Entrepreneur

Entrepreneur Network partner Greg Rollett has always said there's no real secret to success -- if you do the work, you'll get the reward. That's why, when Rollett got sick during a business trip, he forced himself to fight through his discomfort and focus on his work.

It's also why he claims the two most important traits of a good entrepreneur or business strategy is consistency and constancy. Can you continue to do great work when you don't feel like it? Even when you'd rather stay home and watch Netflix?

 

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leadership

If you can answer that question, stop reading right now – you’ve earned the right to spend the rest of the day at the beach, sipping an umbrella drink and basking in your own awesomeness. The rest of us, however, should probably pay close attention, especially if we’re thinking about starting an innovation program – or, shutting one down for not producing results.

 

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sugar

You just polished off a bowl of mint chocolate chip, and suddenly you're craving a drink. Sound familiar? Post-dessert thirst is a common reaction—but why is it that sweet treats make us feel so parched?

Dr. Caroline Apovian, a professor in the endocrinology, diabetes and nutrition department at the Boston University School of Medicine, says that the reason has to do with a spike in your blood sugar levels. “When you put sugar in your system, it first goes to your stomach, and then into your bloodstream," she says.

 

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Godfrey-Lee Public Schools, MI —  At East Lee Campus, you’ll find students participating in a mock trial with a local mayor as judge, presenting marketing plans for a school store to area business owners, and discussing the “modern technological revolution” and possible impacts of technology on the future workforce. Part of Godfrey-Lee Public Schools, this program is an alternative high school with 110 ninth through 12th-graders.

Image: https://www.schoolnewsnetwork.org

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elevators

The first 60 seconds of a business pitch can be the difference between achieving your highest dreams or falling flat on your face when seeking venture capital. Entrepreneur magazine teamed up with a group of real investors to put entrepreneurs to the ultimate pitch test for an exciting new streaming show debuting September 20 on entrepreneur.com.

In each episode, hopeful founders step into the Entrepreneur Elevator and have just one minute to present their idea, product or business. If the panel of highly influential investors likes what they hear, the doors open. If not, it's back to the ground floor. Aspiring entrepreneurs who make it to the top floor have just 5 minutes to impress the investors and shake on a deal.

 

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New health and fitness accelerator names first five members Baltimore Business Journal

Five startups have been selected to participate in the inaugural M-1 Ventures health and fitness-focused accelerator program based at Johns Hopkins University.

The new M-1 Ventures accelerator is a 16-week accelerator program aimed at quickly growing startups focused on health and fitness technology. The program’s first-ever cohort includes four local health-related startups and one company, called RoundTrip, based in Philadelphia.

Image: https://www.bizjournals.com

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Universities often seek to supplement their coffers by finding ways to access private-sector funds, such as by setting up technology transfer offices and trying to commercialise their research.

In the developing world, where research budgets are especially tight, universities are especially eager to knock at industry doors in search of collaborations.

Image: https://www.timeshighereducation.com

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Steve Blank

Visitors to Silicon Valley continually mention how willing we are to help, network, and connect strangers. We take this part of Silicon Valley culture so for granted we never even to bother to talk about it.

It’s the “Pay-It-Forward” culture.

We’re all in this together — The chips are down In 1962 Walker’s Wagon Wheel Bar/Restaurant in Mountain View became the lunch hangout for employees at Fairchild Semiconductor.

 

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hurricane

As the Gulf Coast of the U.S. continues to recover from the monstrous storm Harvey, Hurricane Irma is turning out to be one of the most intense storms the Atlantic Ocean has ever seen.

In order to better understand these storms and collect data, the National Oceanic and Atmospheric Administration has been flying its planes right through the storm, risking the crew to help save the lives of others in the path of the storm.

 

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chicago

Over the next several weeks 18.4 million students will be headed to colleges and universities in the United States. They, their families and taxpayers are making a monumental investment in the futures of these students, believing, correctly, that an undergraduate education is foundational to success in a global and knowledge-based economy.

Many students arrive in college without a clear sense of purpose or direction. That is to be expected. A significant part of the undergraduate experience, after all, involves grappling with big questions about professional, personal and civic identity. Who am I? What do I want to do with my life? How can I contribute to my community and the world? The best students pursue these questions with vigor.

 

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Flush with venture capital funding from the likes of Alibaba and Google, Magic Leap Inc. founder Rony Abovitz is attempting to marry the real world with the imaginary. Don a pair of his mixed-reality goggles and -- according to the hype -- fire-breathing dragons may appear in your living room and life-size whales could swim through your school gymnasium.

Image: https://www.bloomberg.com

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innovation

Poor economies not only produce less; they typically produce things that involve fewer inputs and fewer intermediate steps. Yet the supply chains of poor countries face more frequent disruptions—delivery failures, faulty parts, delays, power outages, theft and government failures—that systematically thwart the production process. To understand how these disruptions affect economic development, we modelled an evolving input–output network in which disruptions spread contagiously among optimizing agents. The key finding was that a poverty trap can emerge: agents adapt to frequent disruptions by producing simpler, less valuable goods, yet disruptions persist. Growing out of poverty requires that agents invest in buffers to disruptions. These buffers rise and then fall as the economy produces more complex goods, a prediction consistent with global patterns of input inventories. Large jumps in economic complexity can backfire. This result suggests why ‘big push’ policies can fail and it underscores the importance of reliability and gradual increases in technological complexity.

 

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