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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.

Saving Lives with Robots YouTube

One of the biggest dangers for trauma patients during the ambulance ride is undiagnosed, internal hemorrhagic bleeding. It’s currently undetectable with methods available on the ambulance ride. You can’t see it … but a robot can.

Image: https://www.youtube.com

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The average tuition cost for public universities increased by 4% for the 2019-20 school year, according to US News & World Report. And with total student debt climbing to $1.5 trillion this year, college has never been a greater financial burden.

Thankfully, for families who simply can't afford higher education, a select few schools cost absolutely nothing.

Image: The United States Air Force Academy is one of several military academies that offer free tuition. Wikimedia Commons/Danny Myers, U.S. Air Force photo

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MWith its third fund Revolution Ventures stays true to its mission TechCrunchost of the venture capital firms covered in TechCrunch and other tech publications compete for a spot on the cap table of the hottest Bay Area, New York or Los Angeles companies of the moment. Few seek out companies in Indianapolis, Milwaukee or Tampa.

AOL co-founder and former chief executive officer Steve Case’s venture capital fund, Revolution, deploys capital to companies “outside of the hotbeds.” Revolution, the parent company of Revolution Ventures, the Rise of the Rest Seed Fund and Revolution Growth, has evangelized its approach to backing companies in emerging markets, helping promote entrepreneurialism in geographies often overlooked by Silicon Valley’s Patagonia vest-wearing venture capitalists.

 

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By investing $1.83 trillion – about 2% of global GDP – per year in cutting urban emissions, governments would generate annual returns worth trillions more, according to new research published on Thursday (19 September).

The energy cost savings alone would amount to $2.80 trillion annually by 2030 and $6.98 trillion by 2050, according to the three-year research project led by a group of 50 international institutions under the ‘Coalition for Urban Transition’.

Image: Investing in cities would generate health and social benefits as it would contribute to clean the air, reduce traffic congestion and help create 87 million jobs by 2030 in sectors such as clean energy and public transport. (Will Hastings / Flickr)

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happy

According to MONEY's 2019 Best Places to Live ranking, the top 25 places to live in America right now are scattered across the map.

Per their methodology, the ranking measured places on factors like economic health, cost of living, diversity (both ethnic and economic), public education, income, health and safety, and amenities. However, economic factors, housing, health and safety, diversity, and cost of living held the most weight.

 

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Service industries dominate modern economies, especially when measured by number of jobs. Yet service activities tend to be underrepresented in US economic research. For good quality research on service industries, it is helpful to look abroad to the European Association for Research on Services (RESER).

Image: https://smartincentives.org

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Manoj Jain

Being an entrepreneur is like being a mother. One has to be skilled in multiple ways to be ready to deal with most crisis situations. Ask any entrepreneur and they will be able to narrate a list of skills they have picked up on their journey to establish their business from a fledgling idea to a full blown profitable company. One’s success relies on their ability to adopt and implement the following five essential skills which are required to succeed as an entrepreneur:

 

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Parts of Erie, Pennsylvania, can soon thank Opportunity Zones for free WiFi, even though the city itself was never guaranteed to see a dime of investment via the new federal tax incentive.

Image: Designated Opportunity Zones in Erie, Pennsylvania. (Map via www.PolicyMap.com)

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work

Some countries have a work ethic that makes the US workweek look like a walk in the park.

The average US workweek is 38.6 hours long. That may feel like forever to some people, but it's nothing compared to some countries' workweeks. According to a 40-country annual survey by the Organisation for Economic Co-operation and Development (OECD), the international average workweek was 36.8 hours in 2018. We looked at the OECD's Better Life Index to find out why workweeks were so long in some places, but not in others.

 

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crowd

Data presents an invaluable opportunity for firms to innovate, but only if they know what to do with it. In her latest research, Wharton professor of operations, information and decisions Lynn Wu looks at how different organizational structures influence the use of data analytics to spur innovation. Her paper, “Data Analytics Supports Decentralized Innovation,” is forthcoming in the journal Management Science and was co-authored by Wharton operations, information and decisions professor Lorin Hitt and Wharton doctoral candidate Bowen Lou. Wu spoke with Knowledge@Wharton about the research. (Listen to the podcast at the top of this page.)

 

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European tech continues to grow and grow while spreading more evenly across the continent. Dealroom data shows the number of European unicorns founded outside of the UK, Germany, Netherlands and Sweden quickly increasing and even smaller towns are seeing early-stage activity pick up. It’s fair to say that the next great European company can come from anywhere, and is more likely than ever to not come from one of the more established hubs. VCs need to adapt to this new reality.

Image: American tourists trying to not get lost in Europe’s startup ecosystems

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seattle

Alexandria has been at the vanguard of Seattle's growing commercial life science ecosystem since entering the Seattle market in 1996 and is committed to developing a new, vibrant and connected campus to accelerate the discovery and delivery of novel innovations; create quality construction, life science and technology jobs; provide critical funds to address homelessness initiatives; activate the neighborhood; and help fulfill the company's mission to advance human health

 

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A recently vacated building in Stanford Research Park will be the future home of a new life science incubator and lab suites. Located near campus, this incubator will serve as an anchor for a preeminent life science district.

Image: The 92,000 square foot building at 3160 Porter Dr will be developed into a life science incubator and small lab suites. Vantage Point Photography Inc.

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questions

Some members of Colorado’s red-hot startup scene could soon receive a boost from an international nonprofit that claims to have helped more than 1,200 companies grow around the globe.

Endeavor Colorado was officially launched Monday on the Denver Startup Week main stage in Skyline Park. It’s the state’s own wing of an organization dedicated to finding entrepreneurs at the helm of companies with strong potential to improve the economic and social fortunes of their communities and connecting those leaders with mentors, funders and other resources to turn their businesses into market-shaping forces.

 

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Pexels-staircase

As far as I can remember, my sister has always been very hardworking and dedicated. However, this year something amazing happened, she finally succeeded in making her marketing and advertisement company properly established.

It was quite a long journey and there was something that I learned from her that I will be sharing in the blog here.

 

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Alison Coleman

With assignments, classes, and exams to focus on, you’d think starting a business in college would be the last thing on a student’s mind. Yet more and more of them are finding ways to combine their studies with becoming an entrepreneur.

There are challenges. The key to building a successful startup is speed, and a full time college education makes that difficult. Striking the right balance between business and studying also means saying no to clubs, organizations and social events, and to hanging out with friends.

 

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