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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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Many books offer advice to budding business leaders, but it would be safe to say that none are presented quite like the latest title from longtime Silicon Valley executive Maynard Webb. Inspired by a fictional story about a father who left a box of letters to his son, Webb has written a collection of letters titled Dear Founder: Letters of Advice for Anyone Who Leads, Manages, or Wants to Start a Business. Webb has served in senior leadership at eBay and Gateway and spent five years as CEO of call center solutions firm LiveOps. He is currently a member of the board of directors at Visa and Salesforce, and is a former board chairman at Yahoo. In the book, he draws on his own experiences as an investor, entrepreneur and board member to dispense advice for founders on facing common challenges — from missing goals in the first quarter to firing an employee to knowing when to grow the business. Webb recently joined the [email protected] radio show on SiriusXM to discuss his new book.

Image: http://knowledge.wharton.upenn.edu

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WASHINGTON –To foster development, production and marketing of the next generation of medical devices designed to meet growing children’s unique needs, the Food and Drug Administration (FDA) awarded $5 million to the National Capital Consortium for Pediatric Device Innovation (NCC-PDI), led by Children’s National Health System and University of Maryland, College Park.

 

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According to the 2017 American Community Survey, about 7.6 million Americans, or 5.3 percent of commuters, take transit to work. However, the actual question on the survey asks, how do you “usually get to work last week.” If someone took transit three days and drove two, then transit gets checked. So how many really use transit on any given day?

Image: http://www.newgeography.com

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Pantone metallic shimmer colors celebrate the iPhone effect

With the rise of soft, cloth-coated gadgets, it’s become clear that fashion and interior design are impacting consumer electronics. But influence is a two-way street–and the design language of Silicon Valley is also influencing other design sectors. Take Pantone, which is introducing a new slew of colors, called Metallic Shimmers, for a world obsessed shine and shimmer–and where most of us drop $800 on a new phone every two years.

Image: Pantone

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Wikipedia - Microsoft

In a move that might surprise a few people, Microsoft announced yesterday that it’s joining Open Innovation Network (OIN) – an open source patent consortium – and making its entire portfolio of patents open source. Microsoft will add nearly 60,000 patents to OIN, vastly enlarging its existing pool of 1,300 global patents.

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Why Walter Isaacson writes about innovators who make history PBS NewsHour

Author, journalist and professor Walter Isaacson has delved into the lives of influential figures ranging from Leonardo da Vinci to Ada Lovelace. He believes that those who thrive at the intersection of arts and sciences are the ones who will become a part of history. Isaacson shares his Brief but Spectacular take on what’s it’s like to write about people.

Image: https://www.pbs.org

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Nina Angelovska

Being a business owner doesn’t necessarily mean being an entrepreneur. If that was the case we wouldn’t need a new and such a complicated word. If you Google “entrepreneur” it will tell you that an entrepreneur is a person who sets up a business or businesses, taking on financial risks in the hope of profit. However, economists and some of the most successful entrepreneurs would disagree. According to economist Joseph Alois Schumpeter (1883-1950), entrepreneurs are not necessarily motivated by profit but regard it as a standard for measuring achievement or success.

 

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Target s newest incubator is looking for save the world kind of stuff TechCrunch

Target is no stranger to running startup accelerators. The company today operates its Target + Techstars program, the beauty-focused Target Takeoff, and the India-based Target Accelerator Program. Now it’s adding a fourth business accelerator to the mix with the launch of Target Incubator. The new program is aimed at Gen Z entrepreneurs and its only real require is that the businesses involved are doing some sort of good.

Image: https://techcrunch.com

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What drives pharma m a McKinsey

There are lessons for other industries in the way pharma companies use mergers to innovate, work more efficiently, and bolster product portfolios.

The passage of US tax reform in late 2017 led to speculation that merger-and-acquisition activity would soon surge among pharmaceutical companies, due in part to tax-cut benefits accruing to sellers. Indeed, that has come to pass: in the first half of 2018, there were 212 deals in the sector worth more than $200 billion, up from 151 such deals in the year-earlier period.

Image: https://www.mckinsey.com

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security

We live in a world where it appears to be a matter of when, not if, an enterprise is breached. Billions of dollars have been spent on beefing up cybersecurity, but the bad guys keep winning. Securing even a small organization seems quite hard.

How did we get here? Is there hope?

The computer industry has had to fight against evolving sophistication in threats throughout its history. I have been working in cybersecurity since the early '90s, beginning in college when cybersecurity and the internet were still in their infancy, and in 2015 I started a third-generation cybersecurity company where I currently serve as CEO.

 

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Infographic Innovation in Transportation IdeaScale

Tony Seba, author of Clean Disruption of Energy and Transportation said “we are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history.” Why is that? Experts are predicting that by 2030, 95% of U.S. car miles will be traveled in self-driving, electric, shared vehicles and that savings on transportation costs will result in a boost in annual disposable income for U.S. households totaling $1 Trillion.

 

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