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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.

BusinessWeek Interview: Google China's Kai-Fu Lee Debuts Innovation Works

Kai-Fu Lee became famous in 2005 when the engineering whiz left Microsoft, where he had created Microsoft Research Asia, to head search giant Google’s operation in China. Microsoft sued, charging that he violated a noncompete agreement, but eventually settled. This time, as Lee leaves Google, he’s sure to avoid a lawsuit, because he’s starting his own venture, which launches Monday morning in Beijing.

Indian agriculture needs a jump innovation

The world is witnessing urbanisation. In the next few years more than half of the global population will be living in cities. Many of these cities are typical delta metropolis, usurping the space most suited for agricultural production. Moreover, rural population will keep leaving the rural poverty trap and move towards cities that offer the connection to the 21st century network society.

LEADING THROUGH THE STORM: HOW TOP BOSSES MANAGE DURING THE RECESSION

Leaders, take heed: There really might be no time like the present to launch a new product or service.

“This is a time when a lot of businesses are hunkering down,” said Chuck Bamford, a professor of entrepreneurship at Queens University of Charlotte and business consultant. “Typical competitors are not looking to do something new or different. … Providing you can financially afford it, take this as an opportunity to test out ideas and try to be innovative.”

Swiss Technology transfer projects approved

The Swiss National Science Foundation has approved 28 additional technology transfer projects for National Centres of Competence in Research in the hopes of stimulating the economy both in the short and medium-term. The projects are being funded by the Swiss federal government as part of its measures to stabilize the economy. With this, a total of 25 million CHF will be invested into developing new technologies.

10 Reasons why some Nations are Rich

Wealth in the world is not equally distributed. Some nations are very rich whereas others are very poor. The Western nations such as the US, West Germany, UK are very prosperous. On the other hand, economically poor countries such as those in the African continent and India, Pakistan are lagging behind. Why is this disparity so? Many economists have tried to answer this question and have suggested solutions to it, but yet it persists.

Entrepreneur Corner Roundup: Growth drivers, social media marketing and should entrepreneurs be more like teenage girls?

5 milestones to reach before raising venture capital – Many entrepreneurs assume once they’ve got an idea, the next thing to do is raise venture capital. That’s naïve, says Mike McDerment, the co-founder and CEO of FreshBooks. Here are the five signs you’re actually ready....