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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.

stress

Stress in the United States is at one of its highest points ever. According to a report by the American Psychological Association, over 60% of people are stressed about the future and money. Significantly, 61% of Americans are also stressed about their work.

 

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Zero carbon world three inventions that can change the way we cycle for ever

Cycling is an easy and effective way to contribute towards a zero-carbon future, which is why OVO has launched a challenge to innovators to help persuade more people to switch from four wheels for two

“Cycling is the ultimate mode of transport,” says Adrian Letts, CEO of OVO Energy, the UK’s largest independent energy supplier, which has launched a bursary in pursuit of reducing the nation’s carbon footprint by getting more people on their bikes.

Image: Travel on two wheels: Ovo CEO Adrian Letts believes cycling is the ultimate mode of transport  - https://www.telegraph.co.uk

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NewImage

These days, raising venture capital is a glamorized accomplishment. Rounds are highly-publicized achievements, particularly among early-stage startups, and have most certainly become a badge of honor among founders and VCs, as they compete to source the best deals. But not too long ago, deal sizes were far smaller; rounds in the hundreds of millions of dollars were virtually unheard of. Instead of focusing on fundraising, companies focused on growth. It’s safe to say that a lot has changed.

 

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Elizabeth MacBride

Somewhere in a gray photo box in a closet in my parents’ house, there is a photo of Anna Gerhold. Old-fashioned portraits capture so much character and context. She and each of her four sisters wear billowy dresses with cinched waists: a row of advanced, middle-class ladies of the 1890s.

 

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network

Networking elicits fear in many job hunters’ minds, regardless of age, but it can be especially mysterious when you’re just starting out. While building a network may seem daunting when you’re searching for your first job, it’s not as difficult as you might think. Chances are, you’ve already built up quite a large network just by living your life up to this point—and one of those people in your circle could be just the connection you need to land the job you want.

 

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innovation

CHICAGO (AP) — STATE education regulators have granted the University of Illinois permission to operate its new research and innovation center in downtown Chicago for the next five years.

The Discovery Partners Institute is designed to bring together students and researchers to tackle big societal challenges and promote innovation and entrepreneurship, in partnership with industry, government and other sectors, the (Champaign) News-Gazette reported.

 

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people

There's no handbook for adult life.

Somehow you're just supposed to know that you should have more money coming in than going out and that you shouldn't wear a fuzzy orange sweater to a job interview.

We've put together our own handbook (of sorts) for anyone transitioning from their 20s to their 30s, which lists many of the skills you'll need to survive as an adult in the modern world.

 

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Tom Still

When the venture capital arm of American Family Insurance got off the ground in the early 2010s, it was ahead of the game when it came to corporate venture capital — especially within the insurance world.

In fact, only two other insurance company funds were putting money into young firms in the “insure-tech” or financial tech arenas. Today, there are more than 30 such funds worldwide, with $2.5 billion collectively invested by insurance funds in 2018 alone.

 

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artificial intelligence

Companies are increasingly using algorithms to manage their remote workforces. Called “algorithmic management,” this approach has been most widely adopted in gig economy companies. For example, ride-hailing company Uber substantially increases its efficiency by managing some three million workers with an app that instructs drivers which passengers to pick up and which route to take.

 

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Nicole Lapin

Nicole Lapin is the New York Times bestselling author of Rich Bitch and Boss Bitch. Lapin was the youngest-ever anchor on CNN before holding the same title at CNBC, anchoring the network’s early morning show, “Worldwide Exchange,” while covering business topics for MSNBC and Today. She has served as an anchor for Bloomberg TV and a special money correspondent for Entertainment Tonight. Lapin is currently the host of the CW’s business reality competition show “Hatched.” She contributes regular financial reports to Dr. Oz, Good Morning America and The Steve Harvey Show.

 

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NewImage

Special bank credits, funds valued up to 100 billion yuan (US$14.3 billion), open databases and innovation centers as well as new city-level applications and cooperation projects on artificial intelligence are among a batch of new policies and projects  the city has announced to support AI industry development.

To support the artificial intelligence development and achieve the target, Shanghai has drafted “Seven Activities” and “Five Tasks” to establish “first-class innovation ecosystem of AI” by 2021, government officials said during the World Artificial Intelligence Conference 2019, which closed on Saturday.

Image: Shanghai Mayor Ying Yong attends the closing ceremony of WAIC. 

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Founders of Successful Tech Companies Are Mostly Middle Aged The New York Times

It took an entrepreneur to reimagine the mundane home thermostat as an object of beauty — and then to make a fortune based on that vision.

The entrepreneur was Tony Fadell, who had that thermostat epiphany after decades in the tech industry, including at companies like Apple. Mr. Fadell embodied his idea in a new company, Nest, which he started with the help of a colleague from Apple in 2010, at age 41.

Image: Tony Fadell started Nest in 2010, after leading the engineering team that created the iPod and playing a crucial role in the development of the iPhone. Like many entrepreneurs, he was then over 40.CreditCreditWei Leng Tay/Bloomberg

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forest fire

(DAKAR, Senegal) — As the world has watched with fear and fascination the fires burning in Brazil’s Amazon rainforest, satellite images show a far greater number of blazes on the African continent.

NASA has called Africa the “fire continent,” home to at least 70% of the 10,000 fires burning worldwide on an average August day, though the agency says the number of fires is consistent from year to year.

 

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NewImage

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still half the rate back before 2000. Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company.

Image: https://blog.startupprofessionals.com

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jobs

For the past 125 years, Labor Day has been a time to celebrate the relevance, and political power, of the American working class. As recently as the 1990s, organized labor’s big day was an important milestone on the political calendar, particularly for Democrats.

 

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