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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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The first day back from vacation can feel overwhelming. You’re likely getting caught up on what you missed, tackling an overflowing inbox, and adapting from vacation brain to work mode. How you handle the day, however, can improve your productivity for the rest of the year, says Peter Bregman, author of Leading with Emotional Courage: How to Have Hard Conversations, Create Accountability, and Inspire Action on Your Most Important Work.

 

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Knowing all too well how hard it is to start a single new business, I’ve always wondered how several well-known entrepreneurs, including Richard Branson and Elon Musk, have managed to successfully lead dozens of startups to success, and thrive on the process. These special people are called serial entrepreneurs, because they have figured out how to do it over and over again.

Image: https://blog.startupprofessionals.com

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The European Commission’s fresh approach to promoting research and innovation in Europe is placed under the spotlight here by Open Access Government On 15th May 2018, the European Commission outlined the steps needed to ensure Europe’s global competitiveness, where research and innovation are concerned. In this important policy announcement, we learn that funding research and innovation is investing in the very future of Europe.

Image: Carlos Moedas - https://www.openaccessgovernment.org

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I had the chance to hold a replica of the upper part of a human airway—the windpipe plus the first two bronchi. It had been made from collagen, the biological cement that holds our bodies together. It was slippery and hollow, with the consistency of undercooked pasta.

The structure had emerged from a refrigerator-size 3-D printer in Manchester, New Hampshire, at an outpost of United Therapeutics.

Image: Lung transplant. Image credit: Sarah Pack/Medical University of South Carolina

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Even if you follow the doings of Apple, Amazon, and Google, you’ve probably never heard of General Magic. But it just might be one of the most important tech companies in the history of Silicon Valley. Why? General Magic was trying to create a smart handheld device that looks just like a modern smartphone, 15 years before the release of the iPhone.

Image: https://www.fastcompany.com

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money

The Chronicle‘s executive-compensation package includes the latest data on more than 1,200 chief executives at more than 600 private colleges from 2008-15 and nearly 250 public universities and systems from 2010-17. Hover over bars to show total compensation as well as pay components including base, bonus, and other. Click bars to see details including other top-paid college employees, how presidents compare with their peers, and how presidential pay looks in context to an institution’s expenses, tuition, and pay for professors. Updated July 16, 2018, with 2016-17 public-college data.

 

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Every new business dreams of becoming the premier brand in their space, like Starbucks is to coffee, and Apple is to consumer electronics, but they have no idea how difficult that is to achieve. In fact, only 100 of the 10,000 multimillion-dollar consumer companies around the world can claim to be an “apostle brand” – one that inspires enduring trust, loyalty, and endorsement.

Image: https://blog.startupprofessionals.com

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entrepreneur

At various stages of a tech business’s life cycle, different growth strategies are applied based on the company’s need at a given moment. You’ve probably heard the terms business incubator and business accelerator. Many times, these terms are used interchangeably, but in general, a business incubator helps companies during its early stages and a business accelerator is called upon as the company moves beyond childhood and into adolescence.

 

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The convention of charging a 2% management fee in the private-equity industry is falling from favour, according to a survey by law firm MJ Hudson.

While many funds still charge investors 2% of committed capital, the largest funds charge less as investors have put pressure on firms to justify their fees, the law firm said. MJ Hudson surveyed 68 buyout, infrastructure, real estate and venture-capital funds targeting a total of €154 billion. Buyout funds accounted for two-thirds of the funds polled.

 

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The agile manager McKinsey Company

The agile workplace is becoming increasingly common. In a McKinsey survey of more than 2,500 people across company sizes, functional specialties, industries, regions, and tenures, 37 percent of respondents said their organizations are carrying out company-wide agile transformations, and another 4 percent said their companies have fully implemented such transformations. The shift is driven by proof that small, multidisciplinary teams of agile organizations can respond swiftly and promptly to rapidly changing market opportunities and customer demands. Indeed, more than 80 percent of respondents in agile units report that overall performance increased moderately or significantly since their transformations began.

Image: https://www.mckinsey.com

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