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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.

Sanjay Mehta

All seed-stage startup founders love their dreams about the future more than other startup founders history of failures. They are out to create history without learning from history. These lessons are generic, a compilation of basics which may or may not apply to your company as these are focused on early-stage startups.

 

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vote

Memo to the U.S. Electorate: Ready or not, it’s time to make room.

A legion of 16- and 17-year-olds vies for a place at your nearby polling station. In several cities around the country, they’re already voting in local elections. A wealth of data supports the wisdom of enfranchising young voters — turnout is high in this age group, and neuroscience suggests their brains are primed for calculated decision-making. Countries that have implemented age-16 voting before now have found that cultivating good civic behaviors early leads to long-term engagement, both for young voters and for those around them.

 

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Money Finance Mortgage Free photo on Pixabay

The global venture market blew past fears over the coronavirus pandemic and a worldwide recession to stay robust through the first half of the year.

Private companies around the world raised $112bn in venture capital through 6,379 deals in the first six months of 2020, according to data provider Preqin. The dollar total was down 2% from the first half of last year.

The...

 

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headache

After five decades of mentoring relationship research, the evidence is irrefutable: people who have strong mentors accrue a host of professional benefits, including more rapid advancement, higher salaries, greater organizational commitment, stronger identity, and higher satisfaction with both job and career. They also see personal benefits, such as better physical health and self-esteem, ease of work-life integration, and strong–er relational skills. At its best, mentoring can transform lives and careers while bolstering retention and maximizing employee potential.

 

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NewImage

Paul Weber, at the University of Portsmouth, spent ‘months and months’ painstakingly examining historical maps, photos and descriptions of glaciers in Norway from 1882–1916.

He found glaciers in Nordland, northern Norway, in 1899 covered about 1,712 square kilometres. By 2000, glaciers had retreated by 47 per cent, covering about 800 square kilometres.

His method of tracing glacial change might now serve as a blueprint for similar studies, which are useful for assessing the impact of global warming.

Image: https://gisuser.com

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Eric Katz

As novel coronavirus cases continue to climb across the United States and reach record daily highs, the number of federal workers who have tested positive for COVID-19 has also increased dramatically. 

Across federal agencies and the U.S. military, nearly 1% of all federal personnel have tested positive for the virus. Nearly 19,000 civilian employees have contracted COVID-19, in addition to more than 20,000 military members. This comes as thousands of federal workers who had been teleworking from the outset of the pandemic are heading back to their offices, while many more have continued reporting to their normal duty stations without interruption. 

 

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social networks

Curiosity and reciprocity, plus some ingenuity, will help you build relationships in the age of Zoom.

To many people, networking feels a bit like squeezing into trousers one size too small. But networking is essential if you wish to amass the social capital indispensable to a successful career. Its importance has not diminished with the overnight explosion of remote working. If anything, networking has become more critical, as jobs and advancement opportunities are swept away by the coronavirus.

 

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NewImage

Isaiah Delgado worked hard in high school, determined to prove that he could keep pace with his more privileged peers. This spring, he graduated summa cum laude from the International Baccalaureate program, with plans to study journalism at the University of Central Florida, one of the nation’s largest colleges. His dream is to work for ESPN — he loves sports and admires the athletes who “use the platform for social change.”

Image: Armando Solares for The Chronicle Isaiah Delgado had planned to attend the University of Central Florida, in Orlando, in the fall, but thanks to Covid-19, he will go to the local College of Central Florida.

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Working from Home

66% of Americans working from home say they are likelier to work nights and weekends than prior to working remotely. 19% of home workers admit to starting earlier and finishing later since working during quarantine.

These statistics were unveiled by JDP’s ‘Working From Home During the Pandemic’ study. JDP provide employment screening services and background checks to ensure companies hire the right people.

 

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Digital Health Ecosystem Report Startups Companies in 2020 Business Insider

Healthcare stakeholders can no longer lag on digital transformation, and tapping into innovation can sate convenience-hungry consumers and tackle some massive challenges compressing their bottom lines.

Personalization and convenience have become table stakes in nearly every industry, and consumers are extending demands for these digital-powered experiences to healthcare — US consumers have expressed a willingness to jump ship to care services that can provide them with better digital experiences. 

Image: Business Insider Intelligence

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People Wearing Backpacks Free Stock Photo

Our fumbling, incompetent response to the pandemic continues. In six weeks, a key component of our society is in line to become the next vector of contagion: higher education. Right now half of colleges and universities plan to offer in-person classes, something resembling a normal college experience, this fall. This cannot happen. In-person classes should be minimal, ideally none. 

The economic circumstances for many of these schools are dire, and administrators will need imagination — and taxpayer dollars — to avoid burning the village to save it. Per current plans, hundreds of colleges will perish. 

 

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Coronavirus - Image NIAID

This week, we reviewed the potential for South Africa’s small businesses to survive during the pandemic and to thrive after it, considered the case for more M&A as corporate India seeks to recover from the crisis, looked at the ways shared mobility might come back after it ends, offered recommendations on pricing for property and casualty insurers, and pondered the future of packaging design (including an interview with the CEO of Sealed Air).

 

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Daniel Priestley

There are kids that grow up ready to take on the world. They have the attitude, the skills and can spot opportunities that are right for them. They are excited about life, they are prepared and know they will handle whatever life throws their way.

More than ever, successful kids are exposed to ideas normally associated with entrepreneurship. To be a successful entrepreneur requires creativity, empathy, communication skills, problem-solving ability, practical mathematics and a knack for spotting something at the right moment and having the confidence to act.  

 

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NewImage

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support. Either could improve the statistic that half of startups fail within the first five years.

Image: https://blog.startupprofessionals.com/

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Man Using Ballpoint Pen Free Stock Photo

What happened to all the fast-growing startups?

Small companies that boom into big ones drive innovation, create jobs and shake up staid industries, experts say.

But research suggests that over the past two decades, the number of these high-value startups has declined, sparking significant debate over what’s causing the drop, how to fix it,...

 

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NewImage

The Ontario government has created a new action plan and team focused on generating intellectual property (IP) in the province. The plan comes six months after an expert panel, led by Jim Balsillie, chair of the Council of Canadian Innovators and co-founder of BlackBerry, released its report that assessed how the Ontario government should handle the commercialization of IP.

Image: https://betakit.com

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