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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.

new york city

If global greenhouse gas emissions don’t decline soon, the climate in Washington, D.C., could more closely resemble that of today’s Greenwood, Miss. Summers may be slightly drier and more than 6 degrees Fahrenheit warmer than they are today.

That’s according to a new climate mapping project by researchers Matthew Fitzpatrick of the University of Maryland Center for Environmental Science and Robert Dunn of North Carolina State University. The project is designed to illustrate how U.S. cities will change over the next 60 years and determine which present-day climates serve as the best representations, or “analogs,” for what they will become.

 

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network

Karen Wickre isn’t one for New Year’s resolutions, noting that they rarely last the month. And after passing that 31-day milestone, most of us are likely to agree with her. In what’s become a hackneyed habit, we assemble a collection of false starts and a stack of ambitions that lost steam as February ticks by.

But at the start of 2019, Wickre resisted her usual misgivings and set her sights on a particular goal. “Let’s make connections that count — with people we can help and who can help us — as we navigate the rest of the year,” she dared her rather sizeable number of followers.

 

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NewImage

In the past three years alone, half a dozen new companies have materialized out of thin air, all offering a new kind of office product. Call them pods. Boxes. Micro-offices. Phone booths. Cubicle nouveau. There’s no one name for them, but they all aim to fix the same problem: the misery of the modern open plan office.

Image: https://www.fastcompany.com

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NewImage

CAPE CANAVERAL, Fla. (AP) — NASA's Opportunity, the Mars rover that was built to operate for just three months but kept going and going, rolling across the rocky red soil, was pronounced dead Wednesday, 15 years after it landed on the planet.

The six-wheeled vehicle that helped gather critical evidence that ancient Mars might have been hospitable to life was remarkably spry up until eight months ago, when it was finally doomed by a ferocious dust storm.

Image: FILE - This illustration made available by NASA shows the rover Opportunity on the surface of Mars. The exploratory vehicle landed on Jan. 24, 2004, and logged more than 28 miles (45 kilometers) before falling silent during a global dust storm in June 2018. There was so much dust in the Martian atmosphere that sunlight could not reach Opportunity's solar panels for power generation. (NASA via AP)

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career

Kieran Setiya, a philosophy professor at MIT, says many people experience a mid-career crisis. Some have regrets about paths not taken or serious professional missteps; others feel a sense of boredom or futility in their ongoing streams of work. The answer isn’t always to find a new job or lobby for a promotion. Motivated by his own crisis, Setiya started looking for ways to cope and discovered several strategies that can help all of us shift our perspective on our careers and get out of the slump without jumping ship. He is the author of the upcoming HBR article “Managing Your Mid-Career Crisis.”

 

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trial

Nuventra Pharma Sciences, a clinical pharmacology and PK/PD consultancy in Durham, NC, recently offered some insights on why clinical trials fail. In addition to biological considerations—such as pharmacokinetics, pharmacodynamic, and human response to a drug varying from animal models—Nuventra presented a list of reasons that included:

 

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idea

Corporations may prize the concept of innovation, but far too many hesitate to make the changes necessary to consistently invite new ideas.

It's easy to understand why. Innovation brings risk, which can lead to pie-in-your-face moments. What company wants to be associated forever with a failed product release like Burger King's Satisfries or Thirsty Cat! bottled water?

Despite the chance of being added to a "top fail" listicle, business leaders must take the innovation plunge if they hope to compete. C-suite buy-in is essential to driving a culture that embraces the necessity of small-scale trial and error without punishment.

 

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flags

Any country that wants to improve its brand image must offer a superior quality of life, with a high degree of cleanliness and safety, and a progressive business environment. However, it doesn’t help if a nation is seen as untrustworthy in global trade and politics, or if it makes poor or unreliable products.

 

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pie chart pieces

Over the past couple of years, the term "record-breaking" has frequently been used to describe the state of venture capital in the US, as the space hits new heights with deal value, mega-rounds and fundraising. In 2018, some of these records reached heights not seen since the dot-com boom.

The 4Q 2018 PitchBook-NVCA Venture Monitor takes a detailed look at these trends, breaking down the data by stage, sector, region and more. The full report includes more than 30 pages of analysis, visuals and interviews, but for a look at the highlights, here's a set of some of our favorite charts from the report.

 

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COURTNEY LINDER

At the self-driving firm Argo AI, at least 10 percent of the staff work under visas or hold a green card.

The workforce at Downtown’s SDLC Partners, an information technology consultant, is made up of about 28 percent foreign nationals. According to Katherine Huber, vice president of human resources, that figure makes the company Pittsburgh’s largest sponsor of foreign workers. 

 

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A Tiny Reef Fish Can Recognize Itself in a Mirror Scientific American

It’s something most of us do every morning without a second thought. We wake up, stumble to the bathroom and glance at ourselves in the mirror as we wipe the sleep from our eyes. It may not seem like much, but the simple act of looking at that mirror—and understanding that the eye-rubbing person staring back is really one’s own reflection—demonstrates a remarkably sophisticated level of understanding.

Image: A cleaner wrasse interacts with its reflection in a mirror placed on the outside of the aquarium glass. Credit: Alex Jordan 

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Mark Suster

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. What gives?

Over the past month a colleague (Chang Xu) and I sifted through data on the venture capital industry (as we do every year) and made a bunch of calls to VCs and LPs to confirm our hypotheses.

 

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automation

Imagine that you’re the governor of Pennsylvania or Vermont, and you’re trying to figure out how to help your state cope with the impact of automation. What policies do you pursue first to ensure that people can succeed as the job market is rapidly remade?

Actually, that’s a trick question.

As a new study from Walmart makes clear, every state requires multiple sets of strategies, each one tailored to fit a particular “community archetype.” In fact, of the eight archetypes that the report identifies, Pennsylvania has seven of them within its borders.

 

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edge

It’s no secret that the entrepreneur lifestyle is a hectic one, to put it lightly. These days, businesses operate around the clock, and as an owner, taking your eye off the ball for a second can potentially result in missed opportunities and lost revenue.

This existence of having your head on a swivel 24/7 is not healthy. In fact, a study by Michael Freeman found that entrepreneurs are 50 percent more likely to experience mental health conditions.

 

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rope

The public sector isn’t traditionally considered ahead of the curve, particularly when compared to the private sector. But during the opening keynote panel at HIMSS, CMS Administrator Seema Verma stressed the opposite when referencing the agency’s recently announced proposed interoperability rule, which would require government health plans and health plans sold on the federal ACA exchanges to give patients access to their health information by 2020.

 

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cell phone

Would-be Instagram influences and burgeoning YouTube stars, take note: The economic impact of web-based creators is growing, according to a new report.

In its second study of the country’s independent artists, makers and others that offer work on nine platforms, the Re:Create Coalition found a 16.6 percent uptick in the number of creators in 2017. The community grew to include to 16.9 million people.

 

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fail

With ever-increasing demands at work for both mid-level and senior leaders, the ability to execute and get things done is a key driver of success. But it can ultimately become a leader’s downfall, resulting in unintended costs for the individual, as well as for their teams and organizations.

 

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NewImage

If you are looking for funding and customers for your new business, you need to identify your “unique selling proposition” (USP) right up front, in 30 seconds or less, to differentiate yourself in today’s information overload. That may sound obvious, but as a new venture investor, I rarely see it happening. Investor and customer attention spans are short, and both will write you off quickly.

 

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19 Innovators to be Inducted as 2019 Class of the National Inventors Hall of Fame

ALEXANDRIA, Va., Feb. 11, 2019 /PRNewswire/ -- In conjunction today with Thomas Edison's birthday and National Inventors Day, the National Inventors Hall of Fame®, in partnership with the United States Patent and Trademark Office (USPTO), announces it will induct 19 innovation pioneers for their world-changing inventions on May 1-2 during the Greatest Celebration of American Innovation®.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8434551-national-inventors-hall-of-fame-2019-inductees/

Image: https://www.prnewswire.com

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