In more recent years, however, technological innovation has begun to spread out from these centers to create a more dispersed global innovation ecosystem, according to the World Intellectual Property Report 2019, recently released by the World Intellectual Property Organization (WIPO). Titled The Geography of Innovation: Local Hotspots, Global Networks, this report shows that, while innovation hubs continue to be found in densely populated urban centers, the stranglehold that certain countries have had on global innovation is relaxing. More nations are joining the ranks of the world's top innovation hubs.

Nearly one third of US states (15) have been named as “innovation champions” in the Consumer Technology Association’s (CTA) 2020 US Innovation Scorecard.

The biennial scorecard, which ranks all 50 states on how well their policies support innovation, named Arizona, Colorado, Kansas, Maryland, Massachusetts, Michigan, New Hampshire, Utah, Virginia and Washington as repeat champions from the 2018 Scorecard.

In 2019, we’ve seen more than a few companies—and leaders—take a hit for imbuing their work culture with questionable practices, from WeWork cofounder Adam Neumann’s propensity for private jets and free-flowing alcohol to the around-the-clock work ethic endorsed by former Away CEO Steph Korey.

Sometimes, the problems start with founders and executives who neglect to focus on company culture early on. In other cases, companies struggle to maintain their culture across departments and managers as their headcount grows.

WASHINGTON, Jan. 9, 2020 /PRNewswire/ -- The National Capital Consortium for Pediatric Device Innovation (NCC-PDI), in collaboration with MedTech Innovator, is now accepting applications for its showcase pitch event on March 23, 2020 in College Park, Maryland. The competition is focused on pediatric devices in three areas of critical need: Cardiovascular, orthopedic and spine, and neonatal intensive care unit (NICU).

Image: PRNewsfoto/Children’s National Hospital

Six points of interest show how the job market, demographics, and norms about work and life have shifted, all worth considering as the association’s annual meeting opens on Thursday.

COLUMBIA, Md., Jan. 8, 2020 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, announced its recent round of funding for select projects through the Maryland Innovation Initiative (MII). This round of funding includes project grants for technology assessment and investments in the spin-out companies, from its five partner universities for a total of $2.63M.

With the increasing industrialization of law, thinking more like a startup can be helpful for firms looking to keep up with and get out ahead of market changes. While the overall... To view the full article, Click Here to Subscribe or sign up for a 14-day FREE Trial

Building upon the integrated culture framework we presented in “The Leader’s Guide to Corporate Culture” (written with our collaborators Jeremiah Lee and Jesse Price), we launched an online assessment to allow HBR readers to explore their own organizations’ cultural profiles. We received over 12,800 responses from across the globe between December 2017 and May 2019 (you can explore your organization’s cultural profile here).

Long before Microsoft's four-day-workweek experiments, Colorado school districts shifted to the same schedule, in part to entice teachers with a better work-life balance.

There was just one problem, says elementary-school teacher Kallie Leyba: "Teachers can't afford to ski."

Colorado teachers like Leyba say they already work longer than 40 hours to get paperwork done, on top of receiving among the lowest statewide educator pay. Colorado's shorter workweek hasn't helped these major issues, says Leyba, who serves as president of the state's American Federation of Teachers branch.

As two longtime business consultants, we make a point of keeping in touch with former colleagues. When we had lunch recently with one who had left consulting to join a startup, we were eager to hear how he was faring. Admittedly, we were even a little jealous of what sounded like an interesting, high-energy venture. But once we started asking questions to get a glimpse of what life was like on the startup side, we could see that after just two months in the new job, he was miserable.

As an entrepreneur there are two routes you can take: either create a service-based business where you trade your skill or knowledge for money or create a product-based business where you sell products to people. If the successful business is offering a service, it typically takes less money to start and has a smaller upside in regards to scale unless you can duplicate the service offering on a repeatable basis. The successful startup business offering a product potentially takes a lot more money to start but has more upside with respect to scale and repeatability. You can design one product and sell it it thousands of times.

It’s often been said that entrepreneurs and SMEs make up the backbone of Malaysia, so besides only technical skills, having entrepreneurial skills is an advantage in this increasingly competitive terrain.

One way to get a sure-fire head start is to start honing those skills when young, something that is often echoed by industry leaders and educational institutions nowadays.

Image: https://vulcanpost.com

Like most young men on the path to becoming a father, I was afraid. I was afraid I didn't know what to do, I was afraid it would cramp my style but, most of all, I was afraid that I would no longer be able to succeed professionally at a high level.

I had launched and run three businesses before the birth of my first daughter. As the time arrived, I had just experienced my most devastating business loss. It was 2009 and we weren't alone, but somehow knowing others are also in a tough spot doesn't help rebuild your business.

Michael Morse, president and CEO of Louisiana Fish Fry, says the ability to sell a product nationwide depends on its position and an entrepreneur’s ability to capitalize on what will differentiate that product on the market.

“If you market it as Louisiana based, or if there’s a unique aspect, you’ve got a niche product,” Morse says. Matt Beeson, of Swamp Dragon Hot Sauce, suggests entrepreneurs “shout” their differentiator at people. At trade shows, he approaches people with four words: liquor-based hot sauce. “It gets their attention,” he says.

A few months ago, I was standing outside a Demo Day event in the heart of Silicon Valley. With the temperature approaching 90 degrees, I was beginning to feel the heat, and I wasn’t the only one sweating; with various entrepreneurs running from investor to investor, you could feel a palpable nervous energy in the air.

And yet, something struck me as different. Nearly every entrepreneur was discretely focused on building an outwardly sustainable enterprise.

2019 was a banner year for the biotech industry which is was brimming with innovation and growth, especially within the BioHealth Capital Region (BHCR). From Kite Pharma’s announcement of its new state-of-the-art cell manufacturing facility in Frederick County, Maryland, and the opening of the 32,000 square foot JLABS @ Washington, D.C. to Viela Bio’s $150M IPO and Paragon Bioservices $1.2B acquisition by Catalent, 2019 was an exciting year for so many companies and people in the region.

Image: https://biobuzz.io/

The Global Strategic Trends In Private Equity And Venture Capital Funding For Healthcare 2020 Market Research Report is a professional and in-depth study on the current state of Strategic Trends In Private Equity And Venture Capital Funding For Healthcare Market.

The report provides a basic overview of the industry including definitions and classifications. The Strategic Trends In Private Equity And Venture Capital Funding For Healthcare analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

Oncology, neurology, and fatty liver disease are among the areas where one can expect to see significant activity this year, according to forecasts from investment bank analysts.

Anticipated highlights for 2020 include potentially the first regulatory approval of a drug to treat the liver disease nonalcoholic steatohepatitis, or NASH; the launches of two new drugs for sickle cell disease; and late-stage data for a drug to treat amyotrophic lateral sclerosis, among others. Several company executives also shared their insights in a story published over the weekend.

States compete with each other in a variety of ways, including attracting (and retaining) residents. Sustained periods of inbound migration lead to greater economic output and growth. Prolonged periods of net outbound migration, however, can strain state coffers, contributing to revenue volatility as economic activity and tax revenue follow individuals out of state.

The new year always presents a twofold opportunity: to reflect on the past and then draw from those insights to shape our future. Every January, the Review’s tapped into this duality to make a tradition out of both looking back and gazing ahead. In what is somehow the seventh installment of our annual retrospective, we’re revisiting the thoughtful individuals and bold ideas that shaped company-building in 2019. (If you’re curious to see how this collection has evolved over time, check out previous editions from 2018, 2017, 2016, 2015, 2014 and 2013.)