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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.


Even though they're nearing retirement age, a large number of baby boomers are looking for an "encore" career as entrepreneurs.

Adults over the age of 50 comprise one of the fastest-growing groups of entrepreneurs in the United States, according to a new Gallup study. Among those people who don't currently own a business, baby boomers are twice as likely as millennials to say they plan to start a business in the next year.


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Innovation as a cure for societal ills is overrated. This is a controversial claim, but one we encourage our colleagues in higher education to ponder as our institutions seek to solve some of the world’s most pressing social problems through research, teaching, and service. The emphasis on social innovation in higher education and the social sector is ascendant; however, this current collective obsession can be an obstacle to real social change and should not be treated as a substitute for it.


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After five continents, 13 countries, and hundreds of cervezas, we found the world's 15 best beach towns, places where locals share their secret break, lunch comes straight from the sea, and you fantasize about staying for good. Whether you want an escape from winter's cold gloom or a hot summer break in the northern hemisphere, there's a beach town that's warm in every season. 


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wall street

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still less than half the rate of 15 years ago. Smart entrepreneurs now avoid this option like the plague, due to its unpredictability and the challenges of running a public company.


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The following answers are provided by Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.

1. Legal Measures

Too often, entrepreneurs wait too long to seek legal advice. I always advise entrepreneurs to seek legal advice very early in theacquisition process for two reasons: lawyers can help you frame very preliminary conversations in the most favorable light; and especially in the startup world, your lawyer might be repeat players with buyers or banks and can shed light on their approach/style. – Basha Rubin, Priori Legal


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According to the just released 11th edition of Demographia World Urban Areas (Built-Up Urban Areas or World Agglomerations), there are now 34 urban areas in the world with more than 10 million residents, the minimum qualification for megacity status. Tokyo-Yokohama continues its 60 year leads the world's largest urban area. Before Tokyo-Yokohama, New York had been the world's largest urban area for 30 years. London's run, preceding that of New York, was much longer, at more than 100 years. Beijing, which was the first of today's megacities to reach 1,000,000 population, held the title for 75 years before London, according to census and urban historian Tertius Chandler.


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We all know that one friend or coworker who is super-organized. The person who is punctual, finishes projects with time to spare, and always knows exactly where to find what they need when they need it.

Instead of hating that person, why not figure out how they do it?

"Organized people are not born; they’re built," says John Trosko, founder of OrganizingLA, a Los Angeles-based organizing firm. "The people who emerge as ‘organized’ use a variety of tools and methods to accomplish their goals and priorities in life."


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source code

With its recent investment in Stack Exchange Inc., venture firm Andreessen Horowitz now counts three significant companies in its portfolio that serve the broad and active community of software developers.

Some 18 million programmers, together with another 18 million information technology professionals around the world are creating the technology that is transforming all kinds of industries, according to figures from International Data Corp.


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Anne Barth

Groundhog Day brings the idea of forecasting to the front and center.

Some say that forecasting is the art of saying what will happen, and then explaining why it didn’t. Others say there are two types of forecasts — lucky or wrong!

Either way, my forecast is that 2015 will see the launch and expansion of technology companies across the state.

Last week TechConnect-West Virginia and Industries of the Future-West Virginia sponsored Innovation and Entrepreneurship Day at the State Capitol to shine a light on activity underway in the innovation economy in the state.


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paper trash

If you’re spending a lot of time sifting through resumes looking for the perfect candidate, you might be spinning your wheels.

Resumes provide hiring managers with two pieces of information—education and experience—but Tim Stevens, author of Fairness Is Overrated: And 51 Other Leadership Principles to Revolutionize Your Workplace, says those are two things a company should care about least.


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Walk down the halls of the Slush startup conference and it's hard not to notice that there's a lot of health tech coming out of Finland. With GE Healthcare already bumping up against startups at their co-working space at their Helsinki campus, they'll be battling for startup affection with Vertical Health Accelerator, a new Helsinki-based accelerator that has partnered with Samsung Electronics.


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