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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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A common view about the millennial generation – generally defined as individuals born between 1980 and 2000 – is that they can be difficult to engage and retain as employees. The stereotype suggests that they rapidly hop from one job to another, and companies that hire them grumble about bad attitudes and high employee churn. As with most stereotypes, some data supports this narrative. Analysis from Gallup reveals that 21% of millennials reported changing jobs in the last year, a rate three times higher than the number of non-millennials, costing the U.S. economy $30.5 billion annually.

 

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A 3-year-old albino dolphin was spotted swimming with its mom in California's Monterey Bay last week, and the little one appears healthy, scientists say.

The crew of a Blue Ocean Whale Watch boat saw the albino Risso's dolphin (Grampus griseus) swimming with its mom on June 7 about 3 miles (nearly 5 kilometers) offshore near Moss Landing. They identified it as the same animal that was last seen on Sept. 29, 2015, said Kate Cummings, a naturalist and co-owner of the whale-watching company. Before that, other tour operators had seen the albino animal in Monterey Bay in 2014, when it was a small calf, she said.

Image: This albino Risso's dolphin was spotted near Moss Landing in California on June 7, 2017 by Blue Ocean Whale Watch. Credit: Kate Cummings/Blue Ocean Whale Watch 

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entrepreneur

What is the best advice for first-time entrepreneurs? originally appeared on Quora - the place to gain and share knowledge, empowering people to learn from others and better understand the world.

Answer by David Rogier, CEO + Co-Founder MasterClass, on Quora:

Don't do it. It's the hardest thing I've ever done. You'll cry, lose friends, sleep less, gain weight, lose self confidence, earn less money, and likely fail. If you still want to do it - then it's one of the most amazing things you can do - so get ready. You'll realize how much of an impact you can actually have in the world, meet people you would have never thought of meeting, learn a tremendous amount about everything, feel emotions you never thought you could, and be surprised everyday. Get one great adviser who you share everything business with (no more) and a therapist (for the personal stuff).

 

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innovation

Our species and technology are at a crossroads. Our amazing human ingenuity has created amazing machines and—for the first time in our species existence—those machines are starting to create other smarter machines at scale. The changes are exponential and combinatorial. It is a phenomenon with which many “non-nerds” are now becoming familiar called Moore’s Law.

 

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George E.L. Barbee

Every business decision is an effort to create a better future: a future in which your operations are faster, more precise, and more profitable. If you can make that happen, you can sell more products or services, and you may even play a role in easing (or solving) some of humanity’s fundamental problems. Here are two steps you can take today to start thinking about the future more productively.

 

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The World s Most Innovative Countries 2017 INSEAD Knowledge and The World s Most Innovative Countries 2017 INSEAD Knowledge

Innovation in agriculture is vital. One key to feeding the world is releasing pressure on the use of scarce natural resources through innovation.

Around one in nine people in the world currently suffers from hunger. One in three is malnourished in one form or another. Moreover, global food demand is expected to increase by at least 60 percent by 2050. To nourish a population of 10 billion, innovation in agriculture is imperative. The good news is that historically, agricultural innovation has proven both feasible and incredibly successful. Advances such as pasteurisation, refrigeration, mechanisation and the so-called ‘green revolution’ have boosted the world’s food supply and triggered socio-economic development.

Image: https://knowledge.insead.edu

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train travel

Business travel doesn’t require your plans to be up in the air — in a plane that is. Traveling by train can actually be more economical and comfortable in some situations. But it’s a totally different experience. So if you’re interested in utilizing train travel for your next business trip, check out the tips below first. Traveling by Train for Business Research the Available Routes Amtrak has more than 30 train routes that go to and from various locations in the U.S. And in some cases, there may be more than one way for you to get to a particular location, though some are more direct than others. So take a look at the schedule and routes well before you need to actually travel so you can make the best decision.

 

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San Francisco, Calif., – Washington, DC has emerged as the promising tech city center after San Jose (Silicon Valley) and San Francisco, according to Cushman & Wakefield’s inaugural “Tech Cities 1.0” national report launched today.

A dominating hub for life sciences and government, Washington, DC also serves as a significant outpost for tech companies seeking proximity to policymakers as well as for burgeoning cyber-security investment.

The top 25 tech cities were determined by analyzing the concentration of factors such as talent, capital, and growth opportunity – the key ingredients that comprise a tech stew. The heartiest of these tech epicenters are: 1. San Jose, CA (Silicon Valley); 2. San Francisco, CA; 3. Washington, DC; 4. Boston/Cambridge, MA; and 5. Raleigh/Durham/Chapel Hill, NC.

 

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Dreamit Ventures, a renowned accelerator program topping the entrepreneurial ecosystem, is expanding its successful accelerator with a new program focused on Urban Tech. Dreamit has launched over 300 companies that have raised $500 million in funding and have a combined valuation of more than $2 billion.

Dreamit UrbanTech invests in and nurtures startups that solve issues for urban areas and that impact the built environment. This includes startups in real estate tech, smart cities, energy efficiency, construction tech, and transportation.

Image: http://www.alleywatch.com

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Mercedes-Benz wants to bring autonomous transportation to the masses. 

Last year, the company's semi-autonomous bus, called the Future Bus, drove a little more than 12 miles from Amsterdam's Schiphol airport to Haarlem, a city just outside Amsterdam. The bus's journey was especially impressive because the route included traffic lights, tunnels, and required the bus to navigate around people. 

Image: Mercedes-Benz

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Popular TV shows such as HBO’s Silicon Valley, AMC’s Halt and Catch Fire and movies such as The Social Network, Jobs make it seem like all tech jobs are in the San Francisco Bay area. Although California is home to a high number of tech giants per capita, the state does not even make it into the top ranks for the most U.S. tech workers per capita.

In fact, Massachusetts, Virginia, Colorado, Washington, Minnesota and Maryland have the largest tech workforces per capita, according to the U.S. Bureau of Labor Statistics. These states’ most common tech jobs include software developers, management analysts, computer systems analysts and computer user support specialists.

Image: https://cta.tech

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This summer 12 new recruits will report to NASA Johnson Space Center to start a two-year boot camp for “astronaut candidates.” They will train in teamwork, spacewalking and spacecraft operations, as well as learning Russian—a skill they will need to communicate with cosmonauts on joint missions. Yet when and where they will eventually fly is still unclear. The lucky 12 beat out a record 18,300 applicants to become astronauts at a time when the job description is somewhat unspecified. Will they live and work on the International Space Station (ISS) as astronauts do today? Probably, although NASA has not said exactly how long it will continue to operate the station. The agency plans to run it until at least 2024, but could decide to extend its tenure until 2028.* Might they fly to new destinations, like Mars, or revisit the moon? It’s anyone’s guess.

Image: Vice President Mike Pence speaks at NASA's Johnson Space Center in Houston following the introduction of NASA's 2017 astronaut candidate class on June 7, 2017. Credit: NASA

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healthcare

Americans are identifying the need for more healthcare innovation, according to a recent survey.

A Klick Health consumer survey, conducted by Maru/Matchbox, found that only 17% of people rank health-related sectors as most innovative, but 40% think they should be.

“Even in today’s modern world, people think that healthcare innovation will help physicians better treat patients most,” said Keith Liu, Klick SVP of Products and Innovation. “This suggests that, when it comes to healthcare, people still want a human connection, empathy, and other benefits that can only be obtained through the patient-physician experience.”

 

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microphone

Let’s be real for a second: You don’t have a monumental bit of news to report every time you have to give a presentation. Maybe the third Tuesday of the month has just rolled around, and it’s time to update your team on the latest batch of figures. And whatever status report, project review, or operational details you’re going to share with them, you know it’ll be dull.

So how do you make those basic facts and figures more than a form of ritualized torture? Here are a few pointers.

 

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Wikimedia Commons - Chicago River

The biggest challenge facing many cities in transitioning to the knowledge economy is a shortage of “A” talent, especially true superstars.

All “talent” isn’t created equal. Crude measures such as the percentage of a region with college degrees, or even graduate degrees, don’t fully capture this. It is disproporationately the top performers, the “A” players and superstars that make things happen.

Image: A Chicago River ferry boat passes in front of Trump Tower - John Picken

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Democrats Believe In Starbucks Republicans Believe In Exxon

In January, when Starbucks announced a plan to hire 10,000 refugees over five years, it may have hoped to gild its reputation for doing good. But, if so, it was in for a rude surprise. By mid-February, its brand perception score had fallen by two-thirds, according to one ranking.

Apparently many consumers were influenced by a #BoycottStarbucks outbreak on Twitter (a patriotic “movement” according to Breitbart) and by a meme suggesting the coffee giant was privileging foreign workers over veterans (even though Starbucks has a separate program for veterans).

Image: The 10 brands consumers say have the most “purpose.” (Image: courtesy Enso)

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Big data analytics are entirely transforming business paradigms. Automated databases are enabling businesses to perform mundane tasks more efficiently. And, the commercial sector isn’t the only area to benefit from data analytics. Its impact is widespread and is being seen across many different sectors, including healthcare.

Image: https://readwrite.com

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Apple still isn't making any promises about whether it will release a self-driving car in the future, but the company's CEO Tim Cook recently acknowledged that the company is working on the brains of one.

During an interview with Bloomberg Television's Emily Chang at Apple's Worldwide Developers Conference on June 5, Tim Cook said the Cupertino tech giant is currently working on what it believes to be "the mother of all AI projects."

Image: Image credit: Apple via PC Mag

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Dashboards like this are a popular way to share information on government program performance. Economic development organizations are increasingly developing their own dashboards or transparency portals to provide better data on incentive use and program outcomes.

The TNECD Performance Metrics platform’s purpose, according to COO Ted Townsend, is to “serve as a valuable resource for citizens who want to engage with TNECD.” Transparency advocates within Tennessee have praised the new dashboards for making “data useful to ordinary citizens” and showing how the TNECD is working to bridge the gap from where the state’s economy is to where it wants to be.

Image: https://www.smartincentives.org

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A pair of Kansas City venture capitalists were recently selected to participate in the highly-esteemed investor program Kauffman Fellows.

As part of an Ewing Marion Kauffman Foundation program announced in October, Kauffman Fellows awarded scholarships to Stray Dog Capital CEO Lisa Feria and Flyover Capital partner Thad Langford. The program also awarded scholarships to Scott Bernstein, principal of St. Louis-based Lewis & Clark Ventures, and Victor Gutwein, founder of Chicago-based M25. The four will undergo the program’s two-year venture capital and leadership program based in Silicon Valley.

Image: Flyover Capital partner Thad Langford and Stray Dog Capital CEO Lisa Feria - http://www.startlandnews.com

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