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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.

crab

Every year on Australia's Christmas Island, which lies just south of Indonesia, millions of red crabs swarm the island in their annual migration.

About 40 to 50 million crabs make their way from the forest to the coast in around October or November, to breed and release their eggs to sea. 

It's a migration that can last up to 18 days, and crab crossings as well as fences have been erected to ensure the crabs get to shore safely.

 

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bitcoin

Bitcoin is hotter than ever. Is it time for the average investor to get some skin in the game?

Only if you’ve got cash to spare, says Mark Cuban, the billionaire investor and Shark Tank host.

“It’s still very much a gamble,” Cuban said of buying Bitcoin in a recent interview with MONEY. “It could go to $15,000 or zero and maybe both on the same day.”

The price of Bitcoin recently shot past $13,000, and experts are split on whether the cryptocurrency is a good investment or not. Several stocks are soaring on the rising fever, and the infamous Winklevoss twins have been minted “Bitcoin billionaires” thanks to its meteoric rise in valuation over the last year. There could be at least 200 Bitcoin billionaires in the world already, and some people are even selling off their own assets and betting on Bitcoin as a longterm strategy for wealth accumulation.

 

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NewImage

Women support women, a new study of 13,000 North American angel investors says.

As more female entrepreneurs have entered the business field in the past few decades, women have begun to reshape the nature of angel investing, according to a report by the Overland Park-based Angel Capital Association.

“Being an entrepreneur is one of the best pathways to becoming an angel investor,” said Marianne Hudson, executive director of the association, reflecting on the study. “On top of that, as women became angel investors, they were good at getting the word out to other women to join the angel community and particularly targeted strong education and networking programs to help women get started more successfully in this field.”

Image: http://www.startlandnews.com

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security

New research from Deloitte has pointed the finger at biometrics for one of the big trends of 2018 as we start to forget our passwords.

The firm estimates that 15 million UK consumers now have a smartphone that incorporates a fingerprint scanner, roughly 36% of the user base, with 79% of this group actually using it. Should the numbers prove to be accurate, the convenience and speed has seemingly overridden the fear of the new, which is usually a notable barrier for most technology to overcome. The most common biometric application, at 96%, was to unlock the phone

 

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us map

When Carisa Miklusak launched AI-enabled staffing platform Tilr two years ago, she and her two cofounders decided on Cincinnati, Ohio as their company’s headquarters, thanks to the city’s large concentration of Fortune 500 companies. The decision was met with skepticism by some of her friends and former colleagues in New York City.

 

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NewImage

Be it the budding investors making millions of dollars from cryptocurrency or businesses hailing its high data security capability, my attraction for Blockchain grew exponentially when I learned devices could repair themselves in near time future. That’s a theory combining Blockchain and Internet of Things leading to a collaboration for a stunningly innovative world.

As for now, nothing is more magical than a platform where one could communicate with truly accomplished professionals. That’s true for people from various business communities. These people are losing time and resources by performing strenuous background checks before closing a deal over a business engagement platform.

Image: https://readwrite.com

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dallas

We often conflate high salaries with prosperity, but that can be deceptive. Someone who lives in New York or San Francisco might make more money than a counterpart in the same profession in Houston or Dallas-Fort Worth, but when the cost of living is factored in, their Southern colleagues may actually come out ahead.

At the Center for Opportunity Urbanism, we developed a Standard of Living Index to get a better sense of where workers are getting the most for their paychecks. We began with the Bureau of Economic Analysis regional price parities for the 107 metropolitan statistical areas with more than 500,000 residents, added the costs for purchasing the average house and weighted the index based on the national distribution of renting and owning (63 percent owning, 37 percent renting). Housing plays a disproportionate role in the difference in costs between the most and least expensive metro areas, as we will detail later.

 

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office

For an entrepreneur, getting the right guidance and mentorship is an important part of their success. Right from the validation of their idea to evaluating their business plan and even finalizing their marketing strategies, start-up founders are always on the lookout for mentors who can help them scale. And this is where, incubation fits into the picture.

 

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digital

The ability to adapt and learn quickly helps smaller IT companies compete against industry heavyweights.

How will the digital revolution transform the IT sector?

As firms focus on the need for business-driven technology solutions for their own transformation, little thought is given to how the digital revolution is transforming the very industry they rely on for help.

 

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chinese

The explosive growth of the startup scene in China is as much a cultural breakthrough as it is a great leap forward in tech expertise.

“Innovation is about disagreeing with old,” said Jay Walker, the founder of Priceline.com and CEO of Upside.com, as well as a student of innovation throughout history. “In a Confucian culture, disagreeing with the old is a difficult problem. That’s the Chinese challenge.”

 

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NewImage

There are a lot of daily inconveniences we all have grown so accustomed to that they fade into the background of our lives.

What do you mean I actually don’t have to hang off my bed to charge my phone and use it at the same time? (Solution: 10 ft reinforced cord)

Image: The WeMo Smart Plug lets you control your devices and appliances from your phone and with your voice through Amazon Alexa and Google Assistant.Amazon

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NewImage

European leaders are working hard to provide the levels of financial support needed to facilitate innovation at all levels.

This week the European Investment Bank (EIB) and the European Commission (EC) are launching a range of new tools that can help pioneers in member states ‘and neighbouring countries’.

The ‘InnovFin – EU Finance for Innovators’ programme, led by the EIB, EC and Horizon 2020, the European Union’s Research and Innovation platform, will strive to close the ‘financial gaps’ faced by ‘innovative companies’. This will include lending to higher risk ventures that often face difficulties in sourcing funding.

Image: https://www.innovatorsmag.com

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