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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.

idea

AOL was built on the backs of other businesses' failures.

And as former AOL executive Jean Case writes in her new book, "Be Fearless," the company's ability to pick up where others had left off was nothing short of brilliant.

Earlier in her career, Case worked at a company called The Source, which she describes as "a text-based information utility for consumers that featured early versions of email, conferencing, and content." While the service was unthinkably slow by today's standards, Case writes that the concept behind it "was a really powerful idea, democratizing access to information and communication."

 

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Lincoln Nadauld

Intermountain Healthcare is a Utah-based not-for-profit system of 23 hospitals and 170 clinics that employs close to 2300 physicians and advanced practice clinicians. It serves patients through its insurance division, SelectHealth, and other organizations. As part of Intermountain Healthcare, Precision Genomics provides the opportunity for research and discover to then be translated into clinical practice. To learn more, GEN spoke with Lincoln Nadauld, MD, PhD, executive director of Precision Genomics.

Image: Lincoln Nadauld, MD, PhD, Executive Director, Precision Genomics

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ITIF Logo

WASHINGTON—Today the Information Technology and Innovation Foundation(ITIF) was recognized as the world’s top think tank for science and technology policy in the latest edition of theUniversity of Pennsylvania’s authoritative “Global Go To Think Tank Index.” In addition to earning the top spot globally for science and tech policy for the second year running, the 2018 edition of the annual ranking also places ITIF among America’s top 50 think tanks overall—at number 35, up from 48 in 2017.

 

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Business Meeting

Recent years have seen an exceptional awareness and prioritization of workplace culture by both employers and employees. Culture is a company’s “personality,” including the behavioral expectations, practices, and other norms that influence how people interact both internally and on its behalf. Ignore it at your own risk. Recent research by Hired found that company culture is the second most important factor candidates consider when considering whether to work for a company.

 

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At less than the price of a cup of coffee, it might be one of the world’s most economical lifesaving devices. The “uterine balloon tamponade” does not look like much: a syringe, some blue tubing, a lubricated condom. All this is contained in a plastic bag, along with a checklist and a laminated set of instructions. But, when the condom is attached to the end of a catheter and inflated with water, it can stop uterine bleeding in women who have just given birth—one of the leading causes of maternal mortality in developing countries. “I get pictures every day from women—in India, in Kenya, in Tanzania—from women who have survived,” Thomas Burke tells me, holding up his phone, as we sit in the living room of his house in the Boston suburbs.

Image: Illustration by Na Kim

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Intellectual property (IP) promotes innovation. The limited right to exclude others from copying patented inventions, copyrighted original works of authorship, and trademarked brands and logos encourages innovators to invest their time and money.

IP appeals to our sense of fairness by discouraging or preventing counterfeiting, passing off, and other harmful takings of the fruits of investments in research, development, creativity and innovation, and is leveraged by entrepreneurs seeking start-up capital. Unfortunately, the general public lacks a true understanding of how IP fuels our innovation economy.

 

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Dr. Julia Finkel, Pediatric Anesthesiologist, Children's National Medical Center, joins Biotalk host Rich Bendis to discuss pain care management, the founding of startup AlgometRx, and the funding of this new companyDr. Julia Finkel, Pediatric Anesthesiologist, Children's National Medical Center, joins Biotalk host Rich Bendis to discuss pain care management, the founding of startup AlgometRx, and the funding of this new company.

Julia Finkel, M.D., is a pediatric anesthesiologist and director Pain Medicine Research and Development in the Sheikh Zayed Institute for Pediatric Surgical Innovation.

Dr. Finkel has extensive experience designing and conducting clinical trials relating to analgesics in children and has received both industry and federal funding of her research. Dr. Finkel is regularly invited to speak at national meetings on topics related to pediatric pain management.

 

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UCLA

Evictions and displacement have affected Angelenos across the city, from South Central to neighborhoods just outside of downtown. Tenants from an apartment complex near the University of Southern California were displaced as their units were slated for renovation. Residents in L.A.’s oldest neighborhood of Lincoln Heights fear they’re becoming prime targets for investors as gentrification creeps in and around central L.A.

 

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West Virginia business leaders believe focus on entrepreneurship to be the best path forward News wvnews com

MORGANTOWN — Across West Virginia financial experts agree that a focus on entrepreneurship and small business is the best way forward to a stronger economy.

Steve Cutright, director of WVU’s BrickStreet Center for Innovation and Entrepreneurship, said the university is taking a multi-tiered approach toward promoting growth in West Virginia.

“Brickstreet has three pillars we work in,” he said. “We offer majors and minors in entrepreneurship for WVU students, we host business planning competitions for college and high school, and we engage with companies statewide that need help growing or managing their business.”

Image: https://www.wvnews.com

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We are proud to announce the next edition of our State of the Silicon Prairie Report. In 2018’s report, we ranked 42 Midwestern startup communities on a variety of factors in order to measure where we are individually so that we might progress as a united region.

As part of the AIM Institute, an innovative not for profit that grows, connects and inspires the tech talent community through career development and educational programs, our mission at SPN is to raise the visibility of the Midwest innovation community and connect entrepreneurs, innovators, investors, and talent.

Image: http://siliconprairienews.com

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India has witnessed the emergence of startup culture over the past few years with tech focussed ventures being the largest. The Indian technology startup domain is placed at the fourth largest position in the world. In 2018, the industry has been estimated at $35 billion. According to Randstadt Monitor Report, 86% of Indian entrepreneurs consider India a good place to start a business of their own, a substantial 30% more than the global average. Indians have been found to be the most willing to quit their jobs and start their own business.

Image: https://www.financialexpress.com

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money

Though many focus on their frustration with the Bay Area’s traffic congestion and tight housing market, Dr. Micah Weinberg, president of the Bay Area Council Economic Institute, sees another side of what many consider regional problems.

In addressing the San Mateo County/Silicon Valley Convention and Visitors Bureau last week, Weinberg noted the concentration of high-technology jobs, venture capital investment and Fortune 500 companies in the Bay Area relative to other regions and metropolitan areas.

 

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Chicken Wings

However you chose to slice it, dice it or dip it, the amount of food consumed in the United States on Super Bowl Sunday is staggering. As one nation, under delivery, Americans can be expected to consume, based on past game days, an estimated 12.5 million pizzas, perhaps hundreds of millions of pounds of avocados (mainly in the form of guacamole), and four times the normal amount of nachos, and to wash all that food down with, by some accounts, roughly 325 million gallons of beer. Unsurprisingly, on the nation’s second-biggest food consumption day, antacid sales at 7/11 also rise some 20%.

 

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When Is the Surgeon Too Old to Operate The New York Times

In the fall of 2015, Dr. Herbert Dardik, chief of vascular surgery at Englewood Hospital and Medical Center in New Jersey, nodded off in the operating room.

Note that Dr. Dardik, then 80, was not performing the operation. He’d undergone a minor medical procedure himself a few days earlier, so he’d told his patient that another surgeon would handle her carotid endarterectomy, in which plaque is removed from the carotid artery to improve blood flow.

Image: Dr. Herbert Dardik at Englewood Hospital and Medical Center in New Jersey. "The clock ticks," he said, "and I’ve become an advocate for evaluation.”CreditCreditStephen Speranza for The New York Times

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Scott Meecham

The Oklahoma Medical Research Foundation is one of the finest biomedical research institutions in the world. I2E is honored to be a commercialization partner with this organization of 400-plus scientists who evince such a passion and singular focus on understanding and curing human disease.

What does it mean to be OMRF’s commercialization partner? Our job is to step in and step up to add our capital, connections and expertise to OMRF’s remarkable science.

 

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The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. This sharing economy is rapidly becoming the new business of sharing, with major winners already including Airbnb (rooms), Uber (rides), and Chegg (books).

Image: https://blog.startupprofessionals.com

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artificial intelligence

Thank you, Elizabeth (Dougherty) for that introduction. Good morning, everyone, and welcome to the U.S. Patent and Trademark Office (USPTO)! It’s great to have all of you here, both in person and watching via Livestream, and we’re delighted to be your hosts for this inaugural USPTO event. On that note, I'd like to thank the USPTO’s Office of Policy and International Affairs for planning, coordinating and organizing this unique conference.

 

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anxiety

The lowest point of my career came three years ago.

I was running my executive search company while scaling my investment firm into an enterprise with multiple arms. The pressure was on to assemble the right team while also being present for my young family at home. Then, a junior employee whom I’d mentored abruptly left the business, using our company contacts to set up with another firm. Another key member of my team -- a friend I’d hired as a favor -- was spending more time doing yoga at work than making sales.

 

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