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.
Every dedicated business professional I know can’t find enough hours in a day to do their best work, and yet they often find themselves saying yes to new requests from the people around them. In some cases it may be fear of retribution by the boss, but more often they just hate to disappoint others, and end up instead with high stress and low credibility in a crisis to deliver.
Schooling and entrepreneurship can seem paradoxical. One teaches you to stay in line, one requires you to stand out. One caters for the slowest moving, one benefits the fastest paced. One looks at what has been, one imagines what could be.
Many successful entrepreneurs did badly at school or dropped out of college. The education system didn’t suit them or didn’t know how to handle them. Many college graduates move straight into a graduate job and stay in employment until retiring in their sixties or seventies, never considering entrepreneurship for their journey. They choose to toe the line, do what is expected of them and walk a well-trodden path, deliberately turning down options with higher perceived risk in favour of security and certainty.
For some companies, hybrid working arrangements create the best of both worlds. Employees get flexibility to work from home some days, and teams get a chance to be in person on others. But shifting to a hybrid arrangement is new for many organizations, and managers may believe in some misconceptions that can hinder an effective roll out.
After the 2020 that we live, it is very comforting to see how, to some extent, the world narrative is changing to words like “recovery”, “reactivation”, among many others that bring with them a dose of hope. Many times we have fallen into the temptation of wishing that things were as before, I understand that, to be able to recover a little from the freedom of being surrounded by many people without worries, to being able to hug that person who, out of care, You haven't gotten closer than five feet to him in a year, going from being able to smile at someone without a mask hiding it. All this has led me to make a series of reflections on whether we really want to go back to how the world was in 2019 or, although we can take advantage of this situation to incorporate a new word into the narrative: “reinvention”.
A CEO we work with recently remarked, “Covid-19 has actually helped force us to find some new practices that are better than those we employed before the pandemic. I don’t want to lose those new practices when Covid-19 is over. So, what can we do?”
In this age of social media and world-wide Internet, message delivery from business leaders needs to change, just like the message changes from leaders in your personal lives. Just a few years ago, no one could have imagined getting text messages from parents, or a President prone to communicate via Twitter. Not only what you say, but how you deliver it shapes your impact.
Image: https://blog.startupprofessionals.com
Starting in 2022, drugmakers filing new drug applications with clinical data will have to pay the FDA $3.1 million.
The FDA's fee for new drugs with clinical data has risen from a little more than $2 million in 2017 to $3.1 million in 2022.
The 2022 fee for FDA approval applications not requiring clinical data will be about $1.6 million in 2022, which is about $200,000 more than the previous two years.
Drugmakers pay these fees to ensure the FDA responds to applications within 10 months for standard applications and within six months for expedited reviews.
President Joe Biden’s recent executive order was billed as “promoting competition in the American economy,” but is a prime example of why one should always read the fine print.
Rather than boosting the technology and innovations that spur American competitiveness in the global marketplace, the Biden administration is pushing a directive that reinforces the dominance of technology giants like Apple and Google.
Let's demystify the perceptions and myths around entrepreneurship based on my personal experience building and growing a startup.
I have been an entrepreneur for the past five years. I have tried a bunch of things and I have failed in the past. A lot of people think that I am an entrepreneur because I want to make money, or I want to create an impact. Yes, those reasons are included in the list. But the most important reason why I am an entrepreneur is that I do not know what else to do.
OVERVIEW:
One key to harvesting the ocean’s clean energy—at least a little of it—may lie in static electricity. A team of researchers in Portugal has now successfully used it to run small generators inside a navigational buoy, powering the sensors and lights that the buoy uses to collect data and aid sailors. Though the project’s scale is small so far, the researchers say it is an important proof of concept for a technique that could supplement existing attempts to harness the power of waves, as well as other kinds of naturally occurring motion.
DUBLIN--(BUSINESS WIRE)--The "Venture Capital: Forms and Analysis" book has been added to ResearchAndMarkets.com's offering.
This comprehensive book will help both novice and experienced practitioners avoid common drafting mistakes, omissions and ambiguities that can harm the company or its investors.
Venture Capital: Forms and Analysis provides a step-by-step framework for structuring, drafting and closing a venture capital deal, with a complete annotated set of the documents needed. It also features in-depth analysis from the perspective of both the company and the investor, as well as the latest guidance on best practices in venture transactions.
Every aspiring entrepreneur starts out with a great idea. Some people turn this idea into a side hustle and sell a small amount of their product or service, while others succeed at expanding their businesses quickly and widely. However, many quickly discover that running and growing a business is hard work and may struggle to sustain their fledgling startup.
Image: https://www.forbes.com
After nearly a year and a half of decentralized collaboration, companies all over the world are redefining their vision of what it means to be “at work.” While digital technologies like email and smartphones have always blurred the distinction between being at work and being out of the office, for many white-collar workers, the pandemic has eliminated any separation that might have remained.
Typically, fossils offer information about animals from the past. But understanding details about how the animal lived has not been previously possible. New techniques, however, are allowing more information to be gleaned from these artifacts. Now, an international research team has retraced the lifetime journey of an Arctic woolly mammoth (Mammuthus primigenius) and found that it covered enough of the Alaska landscape during its 28 years to almost circle the Earth twice.
Image: A view of a split mammoth tusk at the Alaska Stable Isotope Facility at the University of Alaska Fairbanks. Karen Spaleta, deputy director of the facility, prepares a piece of mammoth tusk for analysis in the background. [JR Ancheta, University of Alaska Fairbanks
Tilak Mehta was only 13 when he took the entrepreneurial plunge of starting Papers N Parcels. The intra-city courier service company guaranteed single-day delivery of small parcels within Mumbai. What’s more, he partnered with the city’s dabbawalas to build a strong operational and execution model. Hailed among the world’s youngest entrepreneurs, Tilak is an inspiration to many. In 2018, the venture provided employment to 180 people in addition to providing work for 300 dabbawalas.
Business leaders have a lot of responsibilities to juggle, which often lead to non-stop workdays and sleepless nights. The overwork culture naturally drives entrepreneurs to burn out, whether in the short or long term.
Thankfully, there are some simple, yet powerful changes that business leaders can make in their daily routines to live healthier and more successful lives. Here, 10 members of Young Entrepreneur Council share their best advice on how to stay strong and motivated without losing momentum.
As a new business advisor, I am no longer surprised that every new entrepreneur believes the hard part is creating the first product and the business. Perhaps luckily, they have no idea that scaling the business and maintaining vitality as a mature business is even harder. What most often kills a company is the illusion (or delusion) that all is now stable and everyone can relax.
Image: https://blog.startupprofessionals.com
If you feel like your metabolism just isn’t what it used to be, no matter how many hours you spend in the gym, dolphins can relate.
A Duke University-led study finds that bottlenose dolphins burn calories at a lower rate as they get older, just like we do.
It’s the first time scientists have measured an age-related metabolic slowdown in another large-bodied species besides humans, said first author Rebecca Rimbach, postdoctoral associate in evolutionary anthropology at Duke.
Among the many reasons COVID-19 vaccination rates in the United States peaked earlier than experts hoped—then, rather than crescendoing into the summer months, began trending downward—are myths that took hold among the unvaccinated and solidified as their reasons not to get the shots. The vaccine will make women sterile; the vaccines are too new; the shots have a microchip in them; the vaccine itself will give me COVID; I’m immune because I had COVID; breakthrough cases prove vaccines are useless.
