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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.

north carolina

A new N.C. State University initiative seeks to establish a new resource and research center for area entrepreneurs.

The school’s Poole College of Management plans to open the N.C. State Entrepreneurship Clinic inside HQ Raleigh in downtown in February.

“The Entrepreneurship Clinic, inspired by the university teaching hospital model that integrates research, teaching and real world experience, will provide a place where faculty, students, entrepreneurs and service providers go to teach, learn and build the next generation of businesses in Raleigh,” said Lewis Sheats, a Poole College professor and the clinic’s director, in a press release.

 

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NewImage

It can be challenging to keep up with which startups are coming into the healthcare scene around the globe, especially because most directories only keep track of those getting venture capital funding. But a new website, StartupBlink, is providing access to actually view the entrepreneurial landscape on an interactive map.

Here’s the map for the “Health Care” category of startups (this is a broad category – pharma, biotechnology, 3D printing, app development, etc. all have separate categories):

Image: http://medcitynews.com

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city

Cities as Labs for Entrepreneurship Policy

When the Kauffman Foundation focused its annual State of Entrepreneurship Address in 2012 on ideas for a Startup Act for the United States, a new set of questions emerged in the entrepreneurship policy world. Mostly, those questions were around where and with whom it was realistic to focus energy on in order to create better environments and ecosystems for new firms to form and thrive.

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south dakota

When asked what policymakers can do most for entrepreneurs, sometimes the response has been “get out of the way.” That seems to be the overarching message of the latest report from the Small Business & Entrepreneurship Council.

The report, Small Business Policy Index 2014: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrepreneurship, tracks 42 measures—33 of them pertaining to taxes and regulations—the fewer, the better.

 

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NewImage

On Friday, President Obama proposed a program that would make community college tuition free to most students. Such a program might go a long way to providing employers with a better-skilled workforce; it would also restore growing economic opportunity for many workers. Modeled after a program that is starting up in Tennessee, Obama’s proposed program would pay tuition for community college students who are enrolled in a degree program at least half time and who maintain a 2.5 grade point average. The Federal government would kick in $60 billion over 10 years to cover 75% of the cost; states would pay the remainder.

Image: https://hbr.org

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english letters

Last October, Mark Zuckerberg shocked the world when he addressed a group of students at Tsinghua University in Beijing completely in Mandarin. Media praised or lampooned his elementary grasp; some even called it mind-blowing.

The story reignited a decades-old debate: Will Mandarin overtake English as the global language?

For Zuckerberg, it’s certainly proven effective – prompting China’s Minister of Cyberspace Administration Liu Wei to visit for a meeting at Zuckerberg’s own desk in December.

 

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question

In a mentorship relationships, questions are usually more important than answers. After all, how can you help prepare someone if you don't know exactly what they want to accomplish?

That said, not all mentors are created equal, which is why we polled nine entrepreneurs from Young Entrepreneur Council (YEC) regarding what they wish their mentors would have asked when they first approached them. Their answers are below.

 

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Man detained at Chinese border with 94 iPhones strapped to his body

A Hong Kong man attempted to cross the Chinese border with 94 iPhones strapped all over his body — and the customs check went just as you might expect.

The phones were strapped to his torso, legs and groin, according to a Chinese news report. The pictures show that he was stocked with iPhone 6 models.

Image: http://mashable.com

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choice of path

There has been a proliferation of accelerators as of late, especially in the healthcare realm, but some are better than others, and entrepreneurs have differing takes on why they did or didn’t join them. Meanwhile, in the wider industry, we’ve been hearing quite a bit of debate about whether or not accelerators are even “worth it” for statups.

 

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idea

People often use the words “invention” and “innovation” interchangeably. This is not only incorrect, but misses a few key subtleties in meaning that can change a conversation. Invention is about creating something new, while innovation introduces the concept of “use” of an idea or method. While this difference is subtle, and these words are listed in every thesaurus that I checked as synonyms of each other, they are definitely not 100% interchangeable. An invention is usually a “thing”, while an innovation is usually an invention that causes change in behavior or interactions.

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