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.
From $47 billion to $10 billion—potentially one of the largest valuation drops in 2019. As much-criticized WeWork struggled (and ultimately failed) to IPO at a heavy discount, many companies coming to market this year have been having similar problems. Namely, there’s been a huge disparity between private and public valuations for many companies, and some in the private market are growing skeptical.
Image: https://fortune-com.cdn.ampproject.org - From Video
The Nobel Prize in Physiology or Medicine was jointly awarded to three scientists — William G. Kaelin Jr., Peter J. Ratcliffe and Gregg L. Semenza — for their work on how cells sense and adapt to oxygen availability.
The Nobel Assembly announced the prize at the Karolinska Institute in Stockholm on Monday.
Ryan Holmes, the co-founder of Hootsuite, a social media management platform, once said,
“When in doubt, bootstrap. Using your own personal resources is the easiest way to start a business. You don’t have to convince investors about the merits of your idea. You just have to convince yourself.” Much has been spoken about glory when it comes to startups that scale at a rapid pace and size with the help of fundraising and external capital. It is not overselling to say that this mechanism leads to massive acquisition of users and data, with hopes of making profits and unit-economics positivity at a later stage.
Every industry, every company, and every leader must recognize one simple fact: every product, service, process, and business model will be disrupted–it’s just a matter of time. Companies that think they’re immune to the trends and technologies upending every industry on the planet risk the same thing: obsolescence.
Some people are not cut out to be entrepreneurs. This is a good thing, or the business world would be chaos, with everyone trying to do their own thing. So what about you? How do you know if you should be running your own company, or concentrating on that queue of work that someone else has built for you?
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f you were asked to name the most important innovation in transportation over the last 200 years, you might say the combustion engine, air travel, Henry Ford’s Model-T production line, or even the bicycle. The list goes on.
Image: https://www.technologyreview.com
By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. Yet very few achieve that great aspiration of really driving economic, social, and environmental changes on a global scale.
Image: https://blog.startupprofessionals.com
Our technological progress in the modern world seems so reliant on developments in Silicon Valley. It begs the question: How did all of that economic power even develop? What was so special about this place — just another agricultural valley in California — after World War II? And do the motivations of those early entrepreneurs still align with the interests of Silicon Valley’s current tech giants? To explore these developments in Silicon Valley, I’ve invited Margaret O’Mara, the author of The Code: Silicon Valley and the Remaking of America, onto the podcast.
Census figures show smaller drop in young urban residents than previous years, but many still leaving for cheaper housing, better schools
Large U.S. cities lost tens of thousands of millennial and younger Gen X residents last year, according to Census figures released Thursday that offer fresh signs of cooling urban growth.
Johns Hopkins University will host the DevLab XR Accelerator 2019 from Oct. 16 to Dec. 5 in an effort to support augmented reality projects created by those in underserved communities.
This year, virtual reality (VR) network Kaleidoscope, which organized the event, is partnering with Saul Zaentz Innovation Fund at JHU and immersive media company RYOT in order to expand the outreach of the program.
Image: VR at MICA Game Lab's Fall Arcade. (Photo by Stephen Babcock) - https://technical.ly/
For seven years, Christopher Columbus pitched wealthy rulers with an innovative idea: fund an expedition that would disrupt the spice trade. He eventually found a sponsor in the Spanish monarchs, and as history would have it, that trip led to the discovery of the Americas.
Becoming a venture capitalist is notoriously difficult. One part timing, one part experience, another part network. Rarely can someone provide succinct instructions on how to break into the field of private market investing or how to create your own VC fund.
Onstage at TechCrunch Disrupt San Francisco, established VCs Theresia Gouw, the founder of a new firm called aCrew Capital, and Floodgate co-founder Ann Miura-Ko explained what they see as two distinct paths to the top of VC.
Image: https://techcrunch.com
Climate change is expected to affect every country in the world, but its impact will not be felt equally across all regions and some will be worse hit than others because of a range of different threats.
Developing countries, places with widespread poverty, and countries with ineffective governments sometimes face the gravest risks from the changing climate, and are usually poorly equipped to find ways to prepare for and prevent environmental threats.
New Enterprise Associates Partner, Sara Nayeem, M.D., Joins Host Rich Bendis to Discuss Her Career, Venture Capital, and BioPharma
Sara Nayeem, M.D., is a Partner at New Enterprise Associates (NEA). Sara joined NEA's healthcare team in 2009 and focuses on investments in biopharmaceutical companies. She serves on the boards of Centrexion, Complexa, Cydan, Imara, and Tiburio. She previously served on the boards of Vtesse (acquired by Sucampo), Mersana (MRSN) and Therachon and as a board observer for Loxo Oncology (LOXO, acquired by Lilly), Tesaro (TSRO, acquired by GlaxoSmithKline), Clementia (CMTA, acquired by Ipsen), Nightstar (NITE, acquired by Biogen), Ziarco (acquired by Novartis), Omthera (OMTH, acquired by AstraZeneca), Epizyme (EPZM), Millendo (MLND) and Zyngenia. She has also been involved in other NEA investments such as Prosensa (RNA, acquired by BioMarin), Metacrine, and 3-V Biosciences. She also serves on the board of BioHealth Innovation Management. Prior to joining NEA, Sara was an Associate with Merrill Lynch’s Global Healthcare Group, where she advised biotechnology, pharmaceutical and medical device companies on numerous mergers, acquisitions and financing transactions. Previously, she worked as an Investment Banking Analyst at Morgan Stanley. She has conducted basic science research in mammalian cardiac development and clinical research in age-related macular degeneration. Sara concurrently earned her MD (cum laude) and MBA from Yale University, where she was a Yale MBA Scholar. She received her AB (magna cum laude) in Biology from Harvard University.
The Mid-Atlantic Region of the FLC comprises over 100 federal laboratories and over 350 federal facilities. The Region is a gateway to both the Mid-Atlantic labs and the over 300 federal labs that make up the FLC. Reaching across agency lines, the core players are the technology transfer, licensing, and commercialization professionals for the federal labs.
A Plan for Business Innovation in New Jersey by Michael Kerwin, President and CEO, Somerset County Business Partnership
In any discussion about the hotbeds for discovery and innovation in the United States — in fact, around the world — New Jersey is always high on the list. As home to 20 members of the Fortune 500, the Garden State has the talent, infrastructure, and resources necessary to lead the world in life-changing innovation. More than 17,000 businesses have a presence here in Somerset County alone, including global innovators that include LabCorp, GSK, Sanofi, and Ethicon.
Image: https://www.insidernj.com
(THE HAGUE, Netherlands) — After a series of setbacks, a system for catching plastic floating in the Pacific between California and Hawaii is now working, its Dutch inventor said Wednesday.
Boyan Slat, a university dropout who founded The Ocean Cleanup nonprofit, announced that the floating boom is skimming up waste ranging in size from a discarded net and a car wheel complete with tire to chips of plastic measuring just 1 millimeter.
Image: https://time.com - From Video
Cities are becoming more important than countries, with their success determined by innovation, efficiency and the clustering of industries. What does this mean for investors?
The global economic focus is shifting from countries to cities. Cities are efficient and the economic output that can be derived from cities is much greater than from countries.
Since most small business owners are justifiably proud of the service they deliver, they don’t even anticipate a negative online review or threat to their reputation, until it happens. Unfortunately, trying to recover after the fact is tough. The best way to protect your reputation online is to solicit good reviews proactively, so an occasional negative one will be discounted as an exception.
Image: https://blog.startupprofessionals.com
I have an idea that may sound crazy at first, or even on the second go-around, but it’s a concept that may grow on you. Here it is: Instead of paying for your kid to go to college, you could use the money to help your son or daughter start a business.
