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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.

accelerate

The healthtech sector is predicted to be worth $280bn by 2021. Evangelists say that the digital health revolution is upon us.

Hundreds of health techies are building telemedicine apps, diagnostic AIs and wearable gadgets that let patients manage their own health. In the meantime, big data and widespread access to the internet have expanded the scope of medical research.

 

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NewImage

Your marketing launch is the most important element of startup success these days, to get customer attention in this world of information overload. Yet it is the one element that too many entrepreneurs focus on only as an afterthought. Everyone assumes their product or service is so great that “word-of-mouth” will carry the day for them.

Image: https://blog.startupprofessionals.com

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innovation

Innovation is perhaps one of the most hyped buzzwords of the last two decades. Company leaders, consultants, scholars, even entry-level employees and students proclaim their commitment to innovation and their ability to be different because they are innovative. Universities, too, claim to be innovative, and many of them put innovation on their banners and advertising slogans.

 

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artificial intelligence

Few things seem creepier than algorithms mining our voices or photos to determine whether we should be considered for a job, and yet we’re not that far from this scenario at all. What’s more, it may not be as creepy as you think.

For starters, all organizations struggle with talent identification, which is why many complain that they are unable to find the right person for key positions, and why most people end up in jobs that are far from inspiring. Consider that even in the biggest economy in the world, where talent management practices are far more science-driven and sophisticated than anywhere else, the labor market is quite inefficient. Today in the U.S., there are around six million job seekers for seven million job openings.

 

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ssti logo

Although North Dakota’s per capita gross domestic product (GDP) has declined since 2013, the energy boom in earlier years gave the state the fastest increase over the past 10- and 20-year periods, according to an SSTI analysis of recently updated state GDP data from the Bureau of Economic Analysis. Beyond North Dakota, the 10 years from 2008 to 2018 benefitted per capita GDP in states with a prominent knowledge economy, led by New York, California, Washington and Massachusetts.

 

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MIT

MIT Solve — an initiative of the Massachusetts Institute of Technology — is known for advancing lasting solutions from tech entrepreneurs to address some of the world’s most pressing problems. Every year, Solve issues four Global Challenges to find most promise Solver teams in order to drive transformational change. Then Solve deploys its global community of private, public, and nonprofit partners to collaborate with the Solver teams to help scale their impact.

 

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man on the moon

Trump wants NASA to go back to the moon NASA Administrator Jim Bridenstine on President Trump’s push to send American astronauts to the moon. NASA Opens a New Window. announced this week that it would be awarding $106 million to small businesses in the U.S. as part of its Small Business Innovation Research (SBIR) program.

Jim Reuter, the acting associate administrator of NASA’s Space Technology Mission Directorate, said in a Tuesday statement Opens a New Window. that small businesses are helping NASA reach its goal.

 

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pills

For the 16 years that Dr. Brian Westerberg, a Canadian surgeon, worked volunteer missions at the Mulago National Referral Hospital in Kampala, Uganda, scarcity was the norm. The patients usually exceeded the 1,500 allotted beds. Running water was once cut off when the debt-ridden hospital was unable to pay its bills. On some of his early trips, Westerberg even brought over drugs from Canada in order to treat patients. But as low-cost generics made in India and China became widely available through Uganda’s government and international aid agencies in the early 2000s, it seemed at first like the supply issue had been solved.

 

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hearing aids

If you have difficulty hearing, it can be tricky to make out a single speaker in a noisy room. A system that amplifies the voice you want to listen to could help.

Imagine you’re trying to have a catch-up with your best friend in the middle of a noisy pub. Despite the distracting background noise, you are able to filter out the hubbub and can still hear all your friend’s best gossip. This so-called “cocktail-party effect” comes naturally to many of us, but for people who use hearing aids, coping with irrelevant noises is difficult and deeply frustrating.

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The U.S. government invests a significant amount of money to further research and technology innovation. In 2017, the federal government invested approximately $150 billion in R&D— about one-third at the 17 federal laboratories across the country and two-thirds at universities and private sector R&D institutions, according to government reports. This represents about one-third of all U.S. R&D spending.

Image: Walter G. Copan, PhD Under Secretary of Commerce for Standards and Technology and Director of the National Institute of Standards and Technology (NIST), - https://www.rdmag.com

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biotech

As a CHILD, Susan Hockfield took apart anything she got her hands on to figure out how it worked. One time it was a watch, another time her mother’s iron. Her interest in the anatomy of the physical world grew over time: She pursued a career in neurobiology, and went on to teach at Yale University, where she eventually became provost. In 2005 she became the first female president of the Massachusetts Institute of Technology — and its first biologist-president.

 

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10 Surprising Ways 3D Printing Is Being Used Now

“Turning disabilities into superpowers” is the defining vision of UK-based Open Bionics. Their mission is to create “affordable, assistive devices that enhance the human body.”

RELATED: 7 INDUSTRIES IN 2019 THAT ARE CURRENTLY BEING DISRUPTED BY 3D PRINTING

Their first product was  the Hero Arm, which they describe as “the world's first medically certified 3D-printed bionic arm, with multi-grip functionality and empowering aesthetics.”  It is “a lightweight and affordable myoelectric prosthesis.” 

Image: https://interestingengineering.com

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NewImage

When I started my business in the late 1960s, it never occurred to me that, even at age 18, I couldn’t be an entrepreneur. Even very early in my career, bankers—that is, real people greeting me at a brick-and-mortar location—took the time to help me and lend me capital after spending time with me and trusting my business plans. But today, despite the fact that entrepreneurship is more popular and praised than ever, according to the Kauffman Foundation, the number of new start-ups in the United States is approximately half of what it was 30 years ago. According to the World Bank, the U.S. currently ranks 53rd in terms of ease of starting a new business.

Image: Banks Photograph by Ameen Fahmy

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NewImage

To be successful as an entrepreneur, you don’t have to be a fabulous person, but it helps. Some people, and some entrepreneurs, have that something extra that you can’t quite put your finger on, like Ryan Seacrest is searching for on American Idol. But the entrepreneurs that have it, including Elon Musk and Richard Branson, seem to be able to effortlessly get team members, investors, and customers to follow them anywhere.

Image: Elon Musk via Flickr by TED Conference  

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innovation

Innovation is hard. It’s messy. Anyone who tells you otherwise is doing something different. Generating early momentum can be the trickiest part of all—particularly making sense of all the tools, methodologies, best practices, and thought leadership that crisscross today’s innovation zeitgeist.

 

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Stephanie Burns

When I became an entrepreneur, I distinctly remember thinking, “I had no idea I would be writing this much. My main job function is writing.” I was in the thick of creating Chic CEO, a website  designed to give women the resources they needed to start a business. But what I was actually doing, was writing.  A LOT. Anyone who has started a business can attest to the fact that there are   a lot of things they do daily that have nothing to do with their core competency.  

 

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Priyadarshini Patwa

We all have certain skills but which ability is necessary at what point and which needs development forms the premises of everything. Everyone reading this article here has some aim and plans to be a successful entrepreneur someday. But to sustain in this competitive race you need certain skills that can make you the Dark horse. And who doesn’t want to be one?

 

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