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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.

EXCLUSIVE A Personal Interview with Rita Colwell in Advance of Her Book A Lab of One s Own

Rita Colwell is perhaps best known for her research on the pathogenic bacterium Vibrio cholerae. But the designation of pioneer is a label befitting Colwell for far-reaching contributions to many other areas, including her decades-long fight against sexism in a male-dominated field.

Colwell’s unique perspective on sexism in science is now able to be explored in her book, A Lab of One’s Own: One Woman’s Personal Journey Through Sexism in Science, which will be released on August 4th.

Image: Portrait of Rita Colwell, PhD, in her laboratory for the Maryland Pathogen Research Institute in the Department of Cell Biology & Molecular Genetics. John T. Consoli/University of Maryland TERP, Spring 2013. - https://www.genengnews.com

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Red and White Signage Free Stock Photo

In this new environment of reduced tax revenues, impacts on incentives must be considered.

While the country battles the coronavirus, state and local governments will be squeezed financially — just like so many businesses and households. Economic development organizations will have to respond by carefully managing — and better justifying — their incentive and financing programs. Concurrently, it must be recognized that this is an unprecedented economic upheaval, and incentives that were created for another economic era will need to be retooled to meet today’s most pressing business and community needs. Bottom line: We can expect to see near-term shifts in incentive policy.

 

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Woman in Green Top Pouring Coffee in a White Mug Free Stock Photo

Chronic sleep deprivation is common in the workplace. About 25% of U.S. adults reportedly suffer from insomnia, and a similar number report regular patterns of excessive sleepiness. Unsurprisingly, sleep disturbances increase the risk of cancer, depression, and heart problems. They also decrease productivity. Meta-analytic studies show that sleep deprivation is a strong inhibitor of workplace performance, primarily by deteriorating mood and affect. Lack of sleep leads to detriments in job performance, productivity, career progression and satisfaction, and an increase in job-related accidents, absenteeism, and counterproductive work behaviors. Conversely, better sleep has been linked to improved memory, knowledge acquisition, and learning. Even short naps have been found to have significant positive effects on work performance.

 

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Handshake

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get from time to time is “Can I ever expect any backing from my bank for a great opportunity?” The short answer is that some banks will help, if you do your homework.

 

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Scientist Working in Laboratory Free Stock Photo

It was the Chinese philosopher Sun Tzu, and not Al Pacino in The Godfather Part 2, who first said, “Keep your friends close, and your enemies closer.” Yin Weidong, the CEO of Chinese biotech firm SinoVac, seems to have taken that advice to heart.

On the desk in his office in Beijing are two plastic models of a virus—each blue core surrounded by red protein spikes. From the time it started spreading in the central Chinese city of Wuhan in late December, containing that virus has occupied virtually every waking moment for the scientist.

 

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The Harvard Business Review (HBR) has provided thought-provoking content since 1922. Whether business leaders are interested in optimizing their organizational structure or instituting programs to retain key employees, the HBR provides insights from experts in their fields. In order to achieve success in the emerging biotech industry, biotech leaders must be able to communicate their vision for this entirely new way of producing goods and cures. These top five HBR articles are must-reads that will shape future biotech leaders as they attain the core competencies they will require.

Image: https://www.americangene.com

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Johns Hopkins University Creates Program To Teach Kids The Science Behind The Coronavirus CBS Baltimore

BALTIMORE (WJZ) — A new online curriculum from Johns Hopkins University aims to teach kids the science and biology of COVID-19 to help them learn how to stop the spread of the virus.

Johns Hopkins pulmonary physician Dr. Panagis Galiatsatos developed the curriculum after getting calls from Baltimore teachers who were struggling to help students understand everything that’s going on with the coronavirus.

Image: https://baltimore.cbslocal.com

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Here s why now is a better time than ever to explore entrepreneurship Financial Post

Are you a first-time entrepreneur or know someone who’s about to make that move? I’ve been one and helped dozens of others as well. There are “things to know” at the start of your journey that are often discovered too late in the process. These insights from the trenches of entrepreneurship can make or break your venture. So, put yourself “in the know” and get familiar with these prerequisites for success — even if this isn’t your first rodeo.

 

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think

Despite all the beautiful memes on Instagram, NOT everyone is meant to be an entrepreneur. Here’s the thing too many guys won’t acknowledge–that’s okay.

Entrepreneurship can lead to a life of freedom, make an impact in the lives of the people a business serves and create financial security. Or, it can be a nightmare if someone isn’t cut out for entrepreneurship. It’s not a one-size-fits-all choice for all men.

 

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money

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds and three foundations.

Sidana — who previously spent nearly nine years with Foundation Capital and received one of his first limited partner agreements afterward from Foundation’s legendary founder, Kathryn Gould — says the fund came together despite the pandemic, and without too much pain.

 

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This illustration, created at the Centers for Disease Control and Prevention (CDC), reveals ultrastructural morphology exhibited by coronaviruses. A novel coronavirus, named Severe Acute Respiratory Syndrome coronavirus 2 (SARS-CoV-2), was identified as the cause of an outbreak of respiratory illness first detected in Wuhan, China in 2019. The illness caused by this virus has been named coronavirus disease 2019 (COVID-19). (CDC/Alissa Eckert, MS)

This was the week airborne transmission became a big deal in the public discussion about covid-19. Over 200 scientists from around the world cosigned a letter to the World Health Organization urging it to take seriously the growing evidence that the coronavirus can be transmitted through the air. WHO stopped short of redefining SARS-CoV-2 (the virus that causes covid-19) as airborne but did acknowledge that more research is “urgently needed to investigate such instances and assess their significance for transmission of COVID-19.”

 

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CDC COVID Data Tracker

Director of the Center for Health Security and Johns Hopkins University Dr. Tom Inglesby told "Fox News Sunday" host Chris Wallace that the U.S. is seeing a "really serious" surge in coronavirus cases that has caused an increase in the country's death toll.

"The country is not in a good place with respect to COVID right now," Inglesby said. "Of course there are places in the country where there are states doing well, but as you said across the South and in California and in a variety of other states we're having sharp increases in cases, sharp increases in hospitalizations and ventilator use, and now increases in deaths."

Image: https://www.cdc.gov/covid-data-tracker/#cases

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Sarah Austin

Starting an online business requires some planning. An entrepreneur needs to gauge demand, understand how SEO and digital ads work and know how to acquire customers cost-efficiently. If the formula works, the business can scale rapidly. As stated in the “Enabling Digital Entrepreneurs” report by World Bank Group, “many digital entrepreneurs are ‘born global’ and have the ability to grow and scale across borders very quickly.” 

 

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question

For all the persistent rhetoric from California’s leaders about this state being on the cutting edge of social and racial justice, the reality on the ground is far grimmer.

Our new report on the state of California’s middle class shows a lurch toward a society in which power and money are increasingly concentrated and where upward mobility is constrained, amid shocking levels of poverty. Most of this data doesn’t even account for the recent effect of the coronavirus outbreak, which has pushed the state’s unemployment rate to 15.5%, higher than the nationwide rate of 14.7%.

 

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Without planned trips, taking time off might not be on workers’ minds. Monster datavacation in May found half of employees working remotely were burned out, but more than half didn’t have plans to take vacation time. 

Experts say even if you don’t have anywhere to go, taking a day off benefits mental health. Still, it can be hard for some employees to check out from work with no office to leave things at and 24/7 connectedness from home.

 

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Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed.

Image: https://blog.startupprofessionals.com

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Gov. Andy Beshear announced the creation of Kentucky Commercialization Ventures (KCV), a new public-private partnership unique in the U.S. that aims to develop academic innovations into job-creating tech companies.

“We all want to grow Kentucky’s tech sector and create the high-paying, knowledge-based jobs that follow. A big part of doing so is turning Kentucky’s own academic research and development capabilities into commercially viable products and startups,” the Governor said.

 

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Calendar Date Time Free photo on Pixabay

If you're buying a home, one thing you should know is that not all mortgages are created equal. Different mortgage lenders offer different rates. The length of your repayment period will also affect your mortgage rate. This is why you may be torn between a 15-year mortgage and a 30-year mortgage. Each offers its own benefits and drawbacks, so let's explore.

 

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