Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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.

NewImage

Union Budget 2019-20 had some bright spots. The enduring issue of angel tax for startups has been resolved to a large extent, perhaps completely. There are encouraging plans to get India skilled in the realm of artificial intelligence (AI), Internet of Things (IoT) and virtual reality (VR). And the critical gap in research to achieve the well-intentioned goals in the emerging fields of AI and IoT would hopefully be addressed by the setting up of a National Research Foundation, which was another major announcement in the budget speech.

Image: https://www.livemint.com

Read more ...

china

In May 1980, Chinese leader Deng Xiaoping proclaimed coastal Shenzhen his nation’s first special economic zone, open to foreign investment and international trade. Halfway around the globe, Silicon Valley was just then becoming a household name. Apple IIs sprouted on desktops and American living rooms were filled with kids playing Space Invaders on their Atari 2600s. The biggest overseas threat to U.S. technological dominance was Japan.

 

Read more ...

Infographic The Shape of the World According to Ancient Maps

A Babylonian clay tablet helped unlock an understanding for how our ancestors saw the world.

Dating all the way back to the 6th century BCE, the Imago Mundi is the oldest known world map, and it offers a unique glimpse into ancient perspectives on earth and the heavens.

Image: https://www.visualcapitalist.com

Read more ...

rocket launch

50 years ago, humankind took its first steps on an otherworldly body. That mission to the Moon, Apollo 11, opened the door to the decades of space exploration that followed. While it has been difficult in recent years to muster the political or financial support for space travel, we are on the cusp of a new era of American spaceflight that stands to extend our reach back into the cosmic deep.

 

Read more ...

NewImage

As Taiwan continues to bolster its reputation of being a tech juggernaut not only in Asia, but across the world, Taiwan’s Startup Terrace launched the Startup Terrace International Cooperation Ceremony, an initiative created to build a reliable network that bridges collaborations between overseas Taiwanese enterprises and the ASEAN startup ecosystem.

Image: https://e27.co

Read more ...

John Winsor

When faced with the need to innovate, many companies establish “skunkworks” or special units to be their innovation engines. Obviously, this only adds to the silo-rific corporate culture, in which the “chosen few” are deemed to have all the best ideas, leaving the rest of the company scratching their heads on how they can contribute. This is how innovation gets a bad rep.

 

Read more ...

innovation

Innovation — it’s one of the most elusive and yet important concepts in our world. With the rapid pace of technology, the word conjures thoughts of a Hyperloop, SpaceX moon voyages and other grandiose concepts that are part real, part science fiction. We often credit this rise to the boom in Silicon Valley decades ago, where our world seemed to evolve almost instantly. That era was the dawn of many products and services that have become integral to the fabric of our daily lives.

 

Read more ...

distraction

In our always-on culture, employers expect workers to be reachable and responsive at all times. However, research shows that constant connectivity may be counterproductive when it comes to engagement and productivity levels.

Today’s smartphone users check their phones 150 times a day, which is the equivalent of spending 2.5 hours a day just opening and closing the phone. A single text message, which takes approximately 2.2 seconds to read, can double error rates on basic tasks; even worse, workers find that it takes an average of 11 minutes to get back into the flow of the previous task. Our phones have become compulsions, rather than tools of efficiency.

 

Read more ...

Rajshree Agarwal

Not everybody loved Lee Iacocca, the automotive legend who died July 2. Before saving Chrysler in the 1980s, he lost his job at Ford Motor Company following years of conflict with a C-suite rival.

The way Iacocca tells the story in his autobiography, chairman Henry Ford II called him into his office shortly before 3 p.m. on July 13, 1978, and fired him. “Sometimes you just don’t like somebody,” the Ford family heir explained to his departing president.

 

Read more ...

accelerate

The fifth annual MIT SMR and Deloitte study of digital business reveals digitally mature organizations don't just innovate more, they innovate differently—leveraging ecosystems and cross-functional teams that play critical roles.

Executive summary

FOR the past five years, MIT Sloan Management Review and Deloitte1 have investigated digital maturity, focusing on the organizational aspects of digital disruption rather than the technological ones. We’ve examined companies at the early, developing, and maturing stages of digital transformation and have seen increasing signs of separation between more and less mature organizations. This year’s research finds that the gaps can often be explained by a company’s approach to innovation: Digitally maturing companies are not only innovating more, they’re innovating differently.

 

Read more ...

stock

After bouncing back last year both in dollars raised and number of deals, the initial public offering (IPO) market was expected to at least approach that success this year.

Instead, the 2019 market for first-time public issues of biopharma stock has had its ups, and mostly downs. For U.S. and Western exchanges, a relatively quiet first quarter has been followed by a busier second quarter, according to Evaluate: Q1 saw 13 IPOs totaling $1.04 billion, followed by 20 IPOs totaling $1.952 in Q2.

 

Read more ...