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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.

Tired business woman 2021 08 29 16 13 27 utc

If you are an entrepreneur who works long hours, compromises on sleep, and makes tough decisions, it is likely that you are heading towards an entrepreneurial burnout. Avoiding this burnout is crucial. It not only helps you maintain and grow your business but also maintains work-life balance.  

 

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Entrepreneur Richard Holcomb is the manager and general partner at North Carolina Venture Capital Fund. He also co-owns Coon Rock Farm in Hillsborough.
Mehmet Demirci

Richard Holcomb is a serial entrepreneur whose Q+E Software sold for more than $40 million in 1994.

Let’s take a look at the two questions I have been asked most by founders.

The most often asked is “how do I get my new startup funded?” and the second is “how do I get my successful startup sold?”.

After founding and selling my own companies, I’ve had the privilege to work in both early stage venture capital and in the sell-side investment banking world.

I’ve helped companies get that first round of funding and I’ve also helped to get them sold or IPO’d.

Image: Entrepreneur Richard Holcomb is the manager and general partner at North Carolina Venture Capital Fund. He also co-owns Coon Rock Farm in Hillsborough. Mehmet Demirci

 

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Students in the hall 2021 08 29 16 45 23 utc

Regardless of the course, age, and capital required, deciding to be a student entrepreneur is a big commitment. Successful entrepreneurs devote long hours to their startup and get involved in every aspect of the business. Even for a part-time student, the academic journey is a time-consuming process that leaves most energy drained.

The workload and the need to balance school and a business can make any college student pause their business plan. However, numerous entrepreneurs started their businesses in college that eventually became a success. So what is the secret to becoming a successful student entrepreneur without sacrificing academic performance? Read the tips below to find out.

 

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people on a video conference

There's no true "Zoom for VR" yet, although several companies are targeting this goal. The mainstream work tools that most people use have yet to leap. Facebook, which is trying to push its entire company into the metaverse, doesn't yet have one. Meanwhile, Microsoft is finally pushing Teams toward a VR/ AR bridge tool, which will be available in beta in the first half of 2022.

 

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LTerranet Logound, Sweden, November 4, 2021 – Today, a joint agreement is signed between pioneers Terranet and autonomous mobility provider NEVS to together work on establishing a new paradigm of urban safety. Firstly the two companies will explore an integration of the VoxelFlowTM technology into the groundbreaking NEVS autonomous mobility system named PONS, both built to progress and reshape urban mobility for safer and more sustainable metropolitan areas. An effort to enable autonomous vehicles to navigate more smoothly and safely in dense areas, a critical step towards achieving full autonomous driving capability.

 

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Waymo Venhicle Scanner

Waymo’s self-driving cars will make an appearance in New York City on Thursday, but don’t expect to hail a robotaxi in the Big Apple anytime soon — or ever.

The company is a long way from testing or launching its autonomous vehicles commercially in the city. Instead, Waymo announced plans to manually drive its vehicles to map areas of the densely populated city and then use all of that data to advance its technology.

 

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NewImage

Among the world’s largest nations, the U.S. has by far the highest rate of startup investment relative to population. Over the past year, venture investors put nearly $270 billion to work—averaging out to around $800 for every person in the country. 

But among all countries, the U.S. ranks fourth in per capita startup investment. The No. 1 and No. 2 slots go to Singapore and Israel, two smaller countries that punch well above their weight class for tech-driven entrepreneurship.

 

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Modern cnc milling machine cutters automation ind 2021 08 30 14 35 29 utc

Automation is everywhere these days. While economists often consider the effects of automation in terms of whether it creates or destroys jobs, less attention is paid to how it changes jobs and the wages paid to the workers that perform them. While there are cases where automation can create higher-paying jobs, more often it drives wages down. For companies considering automation, this can seem like a boon, as cost savings on labor can increase margins. But, there are also potential downsides, as companies may find themselves in trouble when automated systems falter. Firms should ask themselves three questions when deciding to automate: 1) What are the limits of the technology? 2) How do those limits impact the operation? 3) How does the cost of overseeing technology affect its value proposition?

 

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Innovative business technology 2021 09 02 06 42 15 utc

We live in a world dominated by technology companies. We see new IPOs every month, stocks are constantly reaching all-time highs, and the number of apps in our pockets grows by the hundreds every year. All businesses rely on technology to deliver their services and products to customers – tech has become the standard.

However, does that mean all companies are tech companies? Is technology truly changing existing business models or simply adding a digital layer? Teri Hamann, Senior Vice President at SAP, and Mike Maiolo, CEO of Rizing, spent some time looking for answers on the first episode of the podcast series Ready. Set. Transform.

 

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Bright empty operating room 2021 08 29 21 03 50 utc

Among those industries is health care, particularly the surgery department. As a branch of medicine that's highly dependent on a surgical team's skills and experience, surgery also relies heavily on innovations and new technologies that can help improve efficiency and safety. Suppose you're part of the team that performs surgical operations. In that case, it's worth knowing some of the latest trends and innovations that can make your work more efficient, more promising, and somewhat less tedious than it currently is.

 

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Working on brand design 2021 09 24 03 20 06 utc

Being a serial entrepreneur is no easy task. You have to see the big picture, but you also need to be a master of the finer details. You’ve got to source new business opportunities and also maintain the business relationships you’ve already established. At the end of the day, the successes and failures of your organization rest squarely on your shoulders. And inevitably, you might reach a point when you feel like you can’t continue to grow. But fear not. I believe there’s a growth solution that can help: Leverage publicity to amplify your brand.

 

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Stack of cryptocurrencies 2021 08 26 17 52 34 utc

The cryptocurrency economy has achieved breakneck progress in the last decade, and JMP Securities sees further innovation coming at lightning speed as it offered stratospheric forecasts for the years ahead.

The crypto market, according to the capital markets firm, continues the global economy's evolution toward automation, digitization, increased efficiency, and productivity. And it has now reached a tipping point.

 

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Windmills on the north sea coast 2021 08 26 22 26 49 utc

Amid global efforts to combat climate change, a new report shows that the Baltimore metro area is one of the top hubs in the U.S. for clean technology innovation.

Colorado-based venture capital and research firm Saoradh Enterprise Partners (SEP) recently released the 2021 Cleantech Innovation Hubs Survey, a ranking of cleantech innovation hubs in the U.S.

In creating the list, SEP ranked innovation hubs on research funding, technology development, venture formation and other metrics. The resulting report ranked the 40 strongest cleantech ecosystems in the nation.

 

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Cure Token

Chicago, Illinois--(Newsfile Corp. - November 1, 2021) - The charity-backed DeFi project blasted out of the gate on September 16th and has since gone on to enormous success, raising its market cap to an ATH of $51 Million, as well as achieving the fabled hallmark of $1 Million daily volume traded. However, it is the core principles of the project, and founder Jacob Beckley's vision for the future that is really turning heads.

 

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Artificial intelligence and machine learning conce 2021 08 26 22 27 23 utc

Artificial intelligence and machine learning (AI and ML) are key technologies that help organizations develop new ways to increase sales, reduce costs, streamline business processes, and understand their customers better. AWS helps customers accelerate their AI/ML adoption by delivering powerful compute, high-speed networking, and scalable high-performance storage options on demand for any machine learning project. This lowers the barrier to entry for organizations looking to adopt the cloud to scale their ML applications.

 

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Day meeting 2021 09 01 09 41 24 utc

As the American comedian Bob Hope once quipped: “A bank is a place that will lend you money if you can prove that you don’t need it.” His words ring especially true in venture capital circles.

In the simplest form, any investment into a business can be defined through a price-to-earnings (P/E) multiple, and the return generated between entry and exit can be traced back mathematically to a change in the following four fundamental factors: revenue expansion, margin expansion, multiple expansion and leverage. Most private equity strategies and business models revolve around a combination of these factors.

 

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Business man with arm extended to handshake 2021 08 26 16 25 20 utc

While some of us may be eager to share our experiences with old and new coworkers when returning to the office, others may not be ready to talk about the emotionally searing experiences we’ve been through over the past year and a half. We may even feel like different people than we were in February 2020. At the very least, we’ve probably grown more distant from each other and less accustomed to each other’s rhythms. To reboot our in-person working relationships — and maybe make them even better than they were pre-pandemic — it’s helpful to go back to the basics of human connection. The authors explore one of the most fundamental social skills: attunement, or the ability to be aware of your own state of mind and body while tuning in and connecting to another person. They present four steps to help you manage the many feelings you may have as you return to in-person work make your communication more effective.

 

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Outdoor work areas workplace take office outside 2021 09 16 17 39 11 utc

As far as buzzwords go, “flexibility” is now rivaled in prominence only by the novel work model it is so often used to describe: hybrid work. Together, these words have taken over the way we speak about the future of work and constitute a whole series of new ways to think about the further integration of work and life.

 

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Bearded businessman holding a light bulb for innov 2021 10 05 16 46 03 utc

The Covid-19 pandemic has brought research and innovation out of the lab and the library and into society. If we can capture this more open relationship between science and society, we can emerge in a better place and build a greener, more sustainable and more equitable future.

During the past 18 months, we have witnessed the process of research and innovation in real-time, live on television. We did not have ready-made answers to this new and deadly virus, but we had an excellent research and innovation base, covering a wide range of disciplines and expertise. We had diverse infrastructures and decades of discovery on which to build, so we could mobilise and respond fast.

 

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NewImage

I’m sure we have all seen entrepreneurs with high levels of passion and confidence touting an idea that seems to make very little sense to us. Of course, we never see ourselves in this mode, yet we need to recognize that all humans see reality differently through a built-in set of “cognitive biases,” based on their own unique background of experiences, training, and mental state.

Image: https://blog.startupprofessionals.com

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