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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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In this new episode of BioTalk, Rip Ballou, MD, VP & Head, GSK Global Vaccines US R&D Center and BHI President & CEO Rich Bendis discuss GSK’s move to the BioHealth Capital Region, their Vaccines Portfolio/Future, and the importance of succeeding in the industry today.

W. Ripley Ballou, MD is Vice President and Head, GSK Global Vaccines U.S. R&D Center in Rockville, MD - Just outside of Washington, DC. Prior to this he was VP and Head, Clinical Research and Translational Science, Vaccine Discovery and Development at GSK Vaccines in Rixensart, Belgium. Previously he served as Deputy Director for Vaccines, Infectious Diseases Development, Global Health at the Bill & Melinda Gates Foundation. Dr. Ballou is an expert in vaccine development and has worked in this field for more than 30 years. Trained in Internal Medicine and Infectious Diseases, he began his work on vaccines at the Walter Reed Army Institute of Research where he led the team that with GlaxoSmithKline co-developed RTS,S, the world’s most advanced malaria vaccine. Dr. Ballou has numerous publications in the field of vaccine development and infectious diseases.

 

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flow

Who killed GE?

Of course, GE is not dead, and it may well revive and flourish as a company. After all, IBM came back from the dead in the 1990s. But the GE model is dead — and there’s a long list of possible suspects.

The GE conglomerate combined a wide range of industrial businesses under one roof. Unlike a pure holding company or a modern hedge fund, the GE model intended to create value by actively sharing capabilities among its disparate businesses, which, with one important exception, were all rooted in manufacturing.

 

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lessons

I’ve probably taken an Uber two or three times a day for the past couple years. And every time I idly check the driver’s rating and number of rides. I’ve found even pretty high marks usually mean good but not great service. 4.5? Get ready for loud GPS directions. 4.7? Messy trunk with no suitcase room.

 

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questions

The most popular statistic right now when it comes to knowledge transfer inside organizations?

Ten thousand baby boomers are reaching retirement age daily.

This statistic is used to light a fire under executives to hop on the knowledge management program. Many articles I’ve reviewed for an upcoming keynote presentation that I’ve informally called, Baby Boomers: Losing their Minds, paint the situation as totally dire.

 

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transition

There is a small, disheveled baby robin making her very first steps in my garden today. She looks a bit dazed and exhausted, her lovely yellow down all awry. I know exactly what she feels like. She looks like a lot of people I know right now. At almost every age, everyone seems to be on the cusp of a similar transition: taking their first steps into an uncertain and illegible new world. As I write this, World War II planes fly overhead to celebrate Queen Elizabeth’s official birthday. Like my own mother, who shares her birthday, she is turning 93. They are both remarkably well, and not finished with transitions.

 

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Most of the young entrepreneurs I know are classic proof of the old adage that people tend to overestimate what they can do in a short period, and underestimate what they can do over a long period. They become frustrated when they are unable to build their startup in a weekend, and give up way too soon when the path to real success seems to be interminable.

Image: https://blog.startupprofessionals.com

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Deep Patel

Some people work hard their whole lives, scrimping and saving, in the hope of attaining millionaire status by retirement. And then there are the exceptional few who are able to become millionaires before they’re 30. 

What is the secret to success for those who cross the millionaire threshold before they enter middle age? It turns out there are certain characteristics that set them apart, and luck isn’t one of them.

 

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Customer experience is the key to business success today. A new infographic by Hospitality Management Degrees looks at how Apple Stores are outperforming the competition by giving the customers the five diamond treatment. According to the infographic, Apple customer loyalty rate has reached 90% in 2018. Apple was able to achieve this rate by making a concerted effort in the customer experience department before opening the company’s first store and has continued this focus with each new retail outlet it opens.

Image: https://smallbiztrends.com

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Video from onboard the cruise that traveled through the bomb cyclone

We human-beings… we were born to travel.

We evolved by adventuring to new lands and discovering everything this planet has to offer. We didn’t stay in one place and accept we couldn’t roam like many animals do.

We spread out and covered the globe, and these days it’s easier than ever to explore the world and experience new cultures.

In the last year, I’ve visited 21 countries. I hate the idea of staying in one place for too long, and I’m not the only one because I’m part of a nomadic community of entrepreneurs who travel the world and earn more money than they ever could have dreamed of, sat back at home in some cubicle.

 

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Human death risk increases exponentially from 65 up to about age 80. At that point, the range of risks starts to increase. But by age 105, the death risk actually levels off — suggesting there’s no known upper limit for human lifespan.*

That’s the conclusion of a controversial study by an international team of scientists, published Thursday, June 28 in the journal Science.

Image: http://www.kurzweilai.net

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Childrens-books-

When billionaire Marc Andreessen has something to say, the tech world listens. He's a co-founder and general partner of the venture capital firm Andreessen Horowitz, which backs companies like AirBnb, Facebook and Lyft. Andreessen also co-founded Netscape, which sold to AOL for 4.3 billion in 1998.

 

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