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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.

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A recently vacated building in Stanford Research Park will be the future home of a new life science incubator and lab suites. Located near campus, this incubator will serve as an anchor for a preeminent life science district.

Image: The 92,000 square foot building at 3160 Porter Dr will be developed into a life science incubator and small lab suites. Vantage Point Photography Inc.

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butterfly

There are two stories about climate change. The first is the one you hear the most; that if we don’t dramatically curb greenhouse gas emissions in the next decade, there will be dire consequences to our health and way of life. The second story is about optimism. It’s about how innovations large and small are helping us to mitigate these dangers and transform our economy and our lives.

 

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Emily Pidgeon

The most creative and successful innovators in the US for 2019 have been revealed by Forbes , and unsurprisingly Jeff Bezos and Elon Musk top the list.

As the respective founders of Amazon and Tesla, the two business minds collectively generated over US$1 trillion in the past 10 years. But what is perhaps more surprising than the mammoth figure is the number of women included on the list.

 

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Warren Buffett

When the history books are written, Warren Buffett will likely go down as the greatest investor of our time. In a little more than six decades, the “Oracle of Omaha,” as he’s come to be known, has transformed $10,000 in seed capital into a net worth of about $80 billion. And take note, this figure could be tens of billions of dollars higher, if not for Buffett’s generous charitable giving throughout the years.

 

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startup

India has seen a diverse set of startups growing in the last decade. Today,  entrepreneurs have set their focus on innovating in areas of healthcare, digital payments, education, and others. And while setting their startups to scale, entrepreneurs also go through their share of difficulties in the initial stages.

It is here that accelerator programmes come into the picture. Moulding startups in its infancy stage, they serve as the bridge between startups and the corporate firms. Accelerators also guide them with practical business applications in the industry, and connect with experts and investors in their respective domain. 

 

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university

Universities and industry have a lot to learn from one another – and partnerships between the two can be mutually beneficial while especially serving the university’s entrepreneurial students.

It can be difficult to get these partnerships right, but with a structured collaborative framework on the part of the university, an eye to common values, flexibility and smart programmes for budding start-ups, these partnerships can benefit all involved.

 

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Helen Stimson

Over the past five years, the bioscience industry in Delaware has undergone significant changes that were both negative and positive. Earlier this decade we lost about 12% of our jobs due to business decisions by DuPont and Astra Zeneca to transfer research and development centers to other states. Jobs in the bioscience sector paid on average $120,000 per year, so the losses had a significant impact on the local economy.

 

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How Duo s Product Design Lead Primed Her Team for Momentum Through Hypergrowth First Round Review

When tales of hypergrowth are told, the spotlight tends to shine on the founders who led the way or the engineering teams that weathered the storm. The best practices that are shared typically cover thorny, company-wide challenges, from rethinking org design and preventing factions from forming to preserving culture and traditions. The function that’s rarely at the forefront of the conversations around rapid growth? Product design.

Image: https://firstround.com

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Silicon Valley Innovators Return to Armenia MassisPost

SAN FRANCISCO — HIVE Ventures, the leading venture fund focused on investing in Armenian entrepreneurs, is hosting its fifth annual HIVE Tech Summit in Yerevan, Armenia on Saturday, October 5, 2019 at The American University of Armenia.

HIVE Ventures provides Armenian startups with investment, mentorship, and access to Silicon Valley resources and network while serving as an important bridge between Armenia and Silicon Valley. In addition, HIVE helps US-based companies open offices in Armenia.

Image: https://massispost.com

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A popular approach for aspiring entrepreneurs these days seems to be to corner anyone who will listen, with a pitch on their current “million dollar idea.” The initial monologue usually ends with the question “How much money do you think this is worth?” In my opinion, ideas are a commodity, and are really not worth much, outside the context of a visionary leader who can execute.

 

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trust

Leading organizational change to create a corporate culture that delivers continuous innovation is one of today's most strategic business imperatives.

But how do you do that?

We've seen what happens to companies when customers lose trust in their brands - just think Target (data breach), Chipotle (E. coli outbreak), and Facebook (selling user data). But how does trust relate to employees inside of organizations and corporate cultures?

 

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