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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.

Romi Mahajan

For companies that want to take innovation seriously, start with the CIO.

The CIO and CIO organization can be at the center of innovation in any company as long as we understand innovation for what it is.

The word “innovation” may be bandied about with such imprecision that it can become for many, mere pabulum. To say a product or solution is “innovative” is merely to say it exists -- such is the nature of overuse and hyperbole. In no sector is this truer than in technology where every idea or minute change is heralded as “innovative.” No wonder so few people take the word seriously anymore.

 

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laptop computer.

Technology enabled accounting firms to weather the coronavirus pandemic, but it will be just as fundamental to success as we return to something approaching normalcy. While there may have been a time when advanced technology could be used to supplement your core business, today it is your core business.

 

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Question mark on white background.

A new study has appeared to support an old idea: Aging is inevitable and immutable, so anti-aging research is doomed in advance to failure.

In 1957, George Williams wrote

This conclusion banishes the “fountain of youth” to the limbo of scientific impossibilities where other human aspirations, like the perpetual motion machine and Laplace’s “superman” have already been placed by other theoretical considerations. Such conclusions are always disappointing, but they have the desirable consequence of channeling research in directions that are likely to be fruitful.

 

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NewImage

You can’t win as an entrepreneur working alone. You need to have business relationships with team members, investors, customers, and a myriad of other support people. That doesn’t mean you have to be a social butterfly to succeed, or introverts need not apply.

It does mean that you need to look, listen, and participate in the business world around you, and network through all available channels, like business-oriented social networks online (LinkedIn), local business organizations (Chamber of Commerce), and events or conferences in your school or industry.

Image: https://blog.startupprofessionals.com

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Tpill bottle with pills spilling out on a table.he COVID-19 pandemic has revealed many problems in American society ranging from public health and racial disparities to economic challenges and supply chain limitations. As was true with many nations around the world, the United States was caught without a detailed plan for dealing with a pandemic. Hospitals were unprepared for the deluge of patients and health care providers did not have access to the supplies they needed to protect themselves. State and national leaders provided mixed cues on how to shut down and when to reopen, and there continue to be sharp partisan differences in how people feel about wearing masks and getting vaccinations.

 

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NewImage

Founders almost always cite lack of money as the reason for failure, but if you look deeper, I believe the reason is more often about dysfunctional people and leadership. Sometimes it comes right back to the founder, in terms of a malaise often called “founder’s syndrome.” A few years ago I was intimately involved with a promising startup that taught me about this issue.

Image: https://blog.startupprofessionals.com

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Gene editing CRISPR DNA genetics (Source: Pixabay)

CHAPEL HILL – As COVID-19 began to spread around the globe, companies and entrepreneurs stepped up to develop new technologies and redeploy existing technologies in their portfolio to tackle the disease and cope with the constraints it brought. The pandemic forced telemedicine into the mainstream and brought mRNA vaccine technology to the forefront. At the same time, new technologies such as CRISPR gene editing and artificial intelligence (AI) approaches have been finding their niche for speeding up drug discovery and development.

Image: Gene editing CRISPR DNA genetics (Source: Pixabay)  

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puzzle

A fundamental shift in the way businesses make decisions is taking place. Traditionally, running experiments and abiding by the scientific method has been the domain of scientists, but managers across industries have been adopting cultures of experimentation to inform their decisions at an unprecedented scale.

 

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handshake

With a constant need to grow and innovate, established firms often look outside for novel products by collaborating with and acquiring start-ups. For start-ups, a tried-and-true exit strategy is acquisition, but it’s often a perilous journey as between 70 and 90 percent of M&As fail. In a recent article for California Management Review, Nir N. Brueller and I found that start-ups seeking an incumbent sponsor are more likely to succeed if they keep certain patterns in mind.

 

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In Depth Scientists warn of a new type of advertising manipulating your dreams

SAN DIEGO (KGTV) -- A group of sleep scientists from 11 countries is warning about an emerging type of advertising in which companies try to manipulate your dreams.

Coors Light, Microsoft, Sony and Burger King have experimented with ways to engineer content into people's dreams in recent years, prompting nearly 40 scientists to write an open letter this month calling for increased government oversight.

Image: https://www.10news.com

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clock in sheet

Studying procrastination used to be a terrific way to avoid doing things I was supposed to be doing. It hasn’t been as much fun for me since one of the things I supposed to be doing was writing this column on how to manage procrastinators. Rats!

 

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