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.
Warren Buffett and Bill Gates are two of the richest people in the world, with a combined net worth of more than $170 billion.
But when it comes to defining their success, money has nothing to do with it.
Gates said on Saturday that Buffett has helped him to define success by the strength of one's personal relationships.
Image: Warren Buffett, right, and Bill Gates. Nati Harnik/AP
What are the top universities in the United States? The list is decided by the CEOWORLD magazine university ranking which considers 7 important factors to help make a balanced comparison. These include influence, reputation, specialization, recruiters Responses and employers Feedback, which in turn help to rate and rank the top unis.
This year’s top 20 features four British universities among many recognizable American establishments and Swiss Federal Institute of Technology in Zurich – (ETH Zurich, Switzerland).
Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. The reality is that if you build a business you love, you may in fact make big money, but if you start a business to get rich, you will probably fail.
America’s suburbs and exurbs continue to dominate population growth among post-college Millennials, those aged 25 to 34 in the 53 major metropolitan areas. This is indicated by data in the just released 2013/2017 American Community Survey (ACS), which provides a mid-decade snapshot of US demography. With its middle sample year of 2015, the 2013/2017 ACS is most representative of the middle of the decade between the 2010 and 2020 censuses (Note 1).
Image: http://www.newgeography.com
It’s hard not to feel a little bad for startup founders caught in the crossfire of a venture capital firm’s implosion — as privileged as they are to have millions of dollars in backing.
It’s not a rare occurrence these days: Young companies backed by Binary Capital had to scramble last year after a sexual harassment scandal blew up the venture capital firm founded by Justin Caldbeck. Portfolio company founders told me then that they were frustrated — caught in the middle of an ugly, bad-headline breakup — but couldn’t really shake it until another investment firm, Lerer Hippeau, effectively acquired Binary Capital’s portfolio months later.
Healthcare has been central to the society since the beginning of civilizations. The continuous evolution of healthcare aided by technology has brought numerous medical innovations that have changed human lives. The currently growing global healthcare industry at a growth rate of 4.82per cent will gain impetus with new innovations and inventions in the field of medical science. This multi-trillion dollar industry is witnessing great scientific breakthroughs ready to bring a paradigm shift in modern healthcare. The convergence of advanced research, newer technologies, and scientific interventions have brought a new dawn of medical innovations in 2018.
Starting Monday, thousands of pharmaceutical industry executives, investors, bankers, and analysts will swarm into San Francisco for the J.P. Morgan Healthcare Conference.
Now in its 37th year, the conference has ballooned from a small event with 150 attendees that was essentially the " birth of biotech," to an event attended by everyone from the biggest pharma company to the smallest biotech. JPMorgan said more than 485 companies are scheduled to present this year.
It's a spot for these companies to meet with investors and each other, and can be the starting point for takeovers or other deals.
This is the time of the year where we tech journalists like to talk about big things: The best products, the major trends, the colossal screw-ups.
Still, why not take some time to appreciate the little things? Sometimes the best ideas in tech aren’t the ones that transform lives, but the smaller-scale innovations that make our daily routines a bit easier, or prove to the rest of the industry that there’s a better way to do things. Herewith, a tribute to the cleverest ideas we saw this year.
Image: courtesy of Apple, Nex, Samsung
Although Silicon Valley tops the list of most innovative metro areas in the United States according to a new study, the cities that round out the top five aren’t so obvious.
Verizon based its “Most Innovative Metro Areas in the U.S.” report on the number of patents per 10,000 residents of each metro area. Data was compiled from the U.S. Patent and Trademark Office for metropolitan areas across the country as defined by the U.S. Census.
Given all the data showing otherwise, it’s hard to believe that institutional funders don’t know that women entrepreneurs have a harder time raising money. For example, investors ask male founders questions related to promotion or gain and female founders questions related to prevention or loss, according to Dana Kanze’s research among TechCrunch Disrupt competitors. The different focus resulted in men raising five times as much as women.
Image: Shabari Raje of Find Me a Shoe at Dell Springboard Women Funding Women event - SPRINGBOARD
Bristol-Myers Squibb Co.’s $74 billion planned purchase of Celgene Corp. puts it in line to lead the drug industry’s hottest market, cancer, as early as next year.
The combined company will probably overtake front-runner Roche Holding Co. in 2020 with about $29 billion in oncology sales, according to Bloomberg Intelligence. Analysts expect Roche’s cancer sales to slip to about $25 billion by then, based on estimates compiled by BI.
Richard Branson has made a career out of disrupting mainstream industries, from airlines and trains to mobile phones and media. Another industry, he writes on his blog, that "is particularly ripe for disruption" in today's world is "air conditioning."
"It represents a $100 billion market today and is set to grow to nearly four times that size by 2050," says the entrepreneur.
Image: https://www.cnbc.com
In the entrepreneurial world, so much time is spent on getting the newest, greatest, best thing to market quicker than anyone else. After all, if you don’t do it first, someone else will and you will lose out, right? Wrong. As an entrepreneur myself, I've found that those who cling to the notion of first-mover advantage may be willfully taking a path that is far more burdensome than it could be.
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here are some skills which have always been debated to be inherent in a person’s nature like leadership, communication skills, confidence etc. Entrepreneurship is also one such debatable issue. One school of thought believes entrepreneurship has to be taught and learned in management schools by pursuing professional management courses. On the contrary, the other school of thought believes it to be inherent or genetic or by birth. They are of the opinion that business skills and entrepreneurship have to be in the blood.
When it comes to the unsustainable development of the American coastline, New Jersey owns the honor of being the first and worst. But one town in the state is experimenting with moving a cluster of people out of harm’s way and turning the newly open land into a flood buffer to protect the rest of the community.
The Halo Business Angel Network plans to recruit 75 new business angels in 2019.
The new investors will have a combined total of at least €15 million available to invest in start-ups based in the island of Ireland.
The Halo Business Angel Network is an all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland.
Image: John Phelan, national director, Halo Business Angel Network - https://www.rte.ie
Mary Meeker, a venture capitalist known for being #6 in the Forbes Mida List in 2018 and the author of the annual Internet Trends report, is to launch a new growth venture capital firm.
The new firm, called Bond, intends to raise $1.25 billion for its maiden fund on a $1.5 billion hard cap.
In September 2018, Kleiner Perkins – one of the oldest Silicon Valley venture capital entities, announced it was spinning out its growth team into an independent firm to continue to focus on investing in later-stage, high growth internet companies.
Image: http://www.finsmes.com
When you say that you “don’t have enough time,” what you’re really saying is that you don’t have time for the activities that you want or need to do. You can’t actually create more time. We’ve all got a fixed 24 hours in a day and 7 days in a week. But in 2019, you can feel like you have more time every week by making different choices about how you allocate your hours.
The Maine Seed Capital Tax Credit program likely hit its $5 million annual cap on the first day of applications, with 107 investors in 21 different companies submitting requests for the tax credit Wednesday.
The applications still need to be evaluated, but the Finance Authority of Maine, which administers the program, said the requests it received Wednesday would exceed the $5 million cap if all were approved.
Image: Investors lined up outside FAME's office to apply for the Maine Seed Capital Tax Credit program on Wednesday. Staff photo by Shawn Patrick Ouellette
A biotechnology venture capital firm is ringing in the new year with its latest fund, having raised a quarter of $1 billion.
Cambridge, Massachusetts-based Atlas Venture said Wednesday that it closed its first Opportunity Fund, or AVOF I, with an oversubscribed fund raise of $250 million. The firm plans to invest the money in companies already in its portfolio.
