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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.

Jayson DeMers

Being a new entrepreneur is stressful, and that stress is compounded when you start realizing just how little time there is in a day. You’ll be managing more tasks and responsibilities than ever before, and because you’re enthusiastic about the project, you’ll end up working long hours and weekends -- willingly -- to get it all done.

 

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Paddleboarders surprised by a pod of orca whales hunting seals

A pod of orca whales shocked a group of ecstatic paddleboarders near Deception Pass Bridge in Oak Harbor, Washington, on Wednesday. 

According to Jennifer Bull, who shot the video, the orcas were hunting seals when they surprised the boarders in shallow water.

The boarders were all pretty pumped, and Bull even described it as the "best day ever." 

Image: http://mashable.com

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university

Innovations born in the world of academia have contributed more than a trillion dollars to the US economy over the past two decades, according to a new report.

Examining the licensing of university technology, a study undertaken by the Biotechnology Innovation Organization (BIO) and the Association of University Technology Managers (AUTM), reveals that over a 20 year period  ‘academic patents and the subsequent licensing to industry’ boosted industry output by $1.33 trillion.

 

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science

Nations need to have well-articulated strategies addressing science, innovation, competitiveness and productivity. Confusing or conflating these distinct but complementary goals is a recipe for underperformance.

And, sadly, Canada underperforms where innovation is concerned. We need to take a closer look at how we develop and fund innovation talent in Canada to change this dubious record.

While we have significantly funded science excellence with globally recognized results over several decades, this has not translated into innovation outcomes that increase national competitiveness and productivity.

 

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TKnight Bill To Help Small Businesses Innovate Unanimously Passes Hurdle Hometown Station KHTS AM 1220he Small Business Innovation Research and Small Business Technology Transfer Improvements Act of 2017, H.R. 2763, unanimously passed a House committee last week, moving one step closer to approval. “The bill ultimately helps small businesses advance innovation and research that will help industries across California and the nation,” Knight said. “The advantages of supporting small business in their ventures are endless as some of the greatest entrepreneurial developments in technology originate from the support of the surrounding community and government resources.”

Image: http://www.hometownstation.com

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visa

H-1B visa applications have declined for the first time in years, according to a recent report from U.S. Citizenship and Immigration Services. The department announced last month that it received 199,000 applications this year — 37,000 fewer than last year.

This is concerning to tech companies, many of which expected a huge increase in applications, due to the program’s uncertain future. As a result, tech hiring managers are now racing to recruit from a very small pool of domestic candidates. Many have doubled down on their recruitment efforts by increasing their spending on LinkedIn and Facebook ads or by attending local networking events to attract candidates.

 

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NewImage

To develop an idea into a business, incubation seems to be the new industry “normal.” There are thousands of incubators worldwide and each year that number is continuing to grow. There are private, public and corporate incubators, many with a distinct focus on local economies, global, communities, or a specific vertical.

At this point, it sounds like variations of ice cream. Over 9,000 flavors, all around the world. If there’s incubation happening, it’s because there is a demand from companies, and because the companies that incubate probably accelerate beyond their competition.

Image: https://readwrite.com

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ipad

In the recent INSEAD/WIPO Global Innovation Index, Estonia was a very creditable 25th in the league table.  The nation performed particularly strongly across digital metrics, whether in terms of the ICT education of its citizens or the sophistication of the government's digital services, with the country of just over 1 million citizens significantly outperforming much larger peers.

 

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NewImage

Since the Canadian federal government announced that it is accepting applications for its $950 million ‘supercluster’ initiative, Canada’s top tech players have been going the extra mile to show why their local hubs are worthy of a serious cash infusion.

Among the tech players racing for a chunk of the $950 million investment are research organizations and innovation groups from British Columbia. The BC Tech Association, the Research Universities’ Council of BC, Wavefront, and Santa Ono, chief advisor of the Innovation Network, just released a commission report to show why BC might have what it takes to become a global technology supercluster.

Image: http://betakit.com

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NewImage

Now in its 10 edition, the Global Innovation Index surveys 130 economies using dozens of metrics - from patent filings to education spending - for a high-level look at the innovative activity that increasingly drives economic and social growth.

Key findings for 2017 show the rise of India as an emerging innovation center, high innovation performance in Sub-Saharan Africa relative to development, and an opportunity to improve innovation capacity in Latin America and the Caribbean.

Image: http://www.freightweek.org

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innovation

One of the best innovation stories I’ve ever heard came to me from a senior executive at a leading tech firm. Apparently, his company had won a million-dollar contract to design a sensor that could detect pollutants at very small concentrations underwater. It was an unusually complex problem, so the firm set up a team of crack microchip designers, and they started putting their heads together.

 

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