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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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On her first visit to Tulsa, Okla., Joanna Schreck went apartment hunting — with US$2,500 in her pocket to cover up-front relocation costs and the knowledge that she would get a $500 monthly stipend just for settling there. Schreck, a 34-year-old native New Yorker who works remotely for a company that organizes trade and consumer shows, is one of the first batch of Tulsa Remote fellows, enticed to the city to work with a package of goodies, including up-front cash and a membership to a coworking space.

Image: Photograph by Westend61

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building

For the past decade, growth rates have defined success for most technology companies. Moore’s Law enabled unprecedented computing power, setting off a sprint in winner-take-all marketplaces with increasing returns to scale. Growth-hacking became the entrepreneurial mantra of the early 21st century, resulting in the creation of new tech giants, entirely new industries, and an era in which online community, content, and commerce have redefined how we live, learn, and work.

 

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money

2. Carbon $260M Round: Series E Description: Carbon is reinventing how polymer products are designed, engineered, manufactured, and delivered, towards a digital and sustainable future. Founded by Dr. Joseph M. DeSimone and Philip DeSimone in 2013, Carbon is backed by investors that include Autodesk, Baillie Gifford, GV, Johnson & Johnson Innovation, and Sequoia Capital. Carbon is headquartered in Redwood City.

 

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JIM PRICE

Many startup businesses begin as something the founders pursue in their spare time, while still working a full-time job. If your dream is to turn such a side hustle into your livelihood, how do you know when the time has come to make that leap?

My latest book has the answer to that question- as well as 19 other key considerations for any would-be entrepreneur. I have been directly involved in several startups, taught entrepreneurship at Michigan Ross for 16 years, and I’m an entrepreneur in residence at the Zell Lurie Institute. Now, I’ve gathered the lessons I’ve learned along the way in a book, The Launch Lens: 20 Questions Every Entrepreneur Should Ask, published by the University of Michigan Press.

 

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choice

Recently, a four-star general invited me to share my thoughts on how to make leadership a concept that scales across an organization, and make smarter decisions in an era of constant change. My answer was simple: Embolden and empower staff to take action more frequently by giving them more opportunities to speak up and assume leadership roles.

 

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People heard the sound of the flute being played, became intrigued, flocked over, and exchanged whatever they had in their pockets for the candy. That flute player successfully grabbed the attention of strangers and was ultimately able to provide them with something they didn’t even know they wanted.

Image: Source: Wikipedia

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After nearly 40 years of providing free and low-cost support services to thousands of small businesses and entrepreneurs, the Wharton Small Business Development Center is closing at the end of July, confident it is not leaving an unfillable void in Philadelphia but rather freeing up state and federal funding for sister programs at Temple and Widener Universities.

Image: JOSE F. MORENO / STAFF PHOTOGRAPHER

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shark

Salvador Jorgensen has spent more than 15 years studying great white sharks near California's coast. The senior research scientist from the Monterey Bay Aquarium and his team have attached tracking tags to 165 of the toothy predators, which routinely visit islands west of San Francisco and prey on elephant seals. But something odd happened one autumn: “In 2009, 17 of those tagged white sharks were simultaneously swimming around the Farallon Islands, when they abruptly departed. Not just one or two but all 17, in a matter of hours,” Jorgensen recalls. “Normally the sharks hang around for weeks or months at a time.”

 

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Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. Yet I have found that serious entrepreneurs usually go way beyond these platitudes in their actions and thinking, and often won’t volunteer their real views, for fear of alienating “regular” people, and being branded a fanatic.

In the classic book “The Entrepreneur Mind,” from serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs. Most of these are predictable, like think big and create new markets, but I found a few, like the ten below, that will likely raise the hackles of many people outside this lifestyle, and many “wannabe” entrepreneurs.

Image: https://blog.startupprofessionals.com

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