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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.

white house

The Office of Science and Technology Policy and the National Economic Council request public comments to provide input into an upcoming update of the Strategy for American Innovation, which helps to guide the Administration’s efforts to promote lasting economic growth and competitiveness through policies that support transformative American innovation in products, processes, and services and spur new fundamental discoveries that in the long run lead to growing economic prosperity and rising living standards. These efforts include policies to promote critical components of the American innovation ecosystem, including scientific research and development (R&D), technical workforce, entrepreneurship, technology commercialization, advanced manufacturing, and others. The strategy also provides an important framework to channel these Federal investments in innovation capacity towards innovative activity for specific national priorities. The public input provided through this notice will inform the deliberations of the National Economic Council and the Office of Science and Technology Policy, which are together responsible for publishing an updated Strategy for American Innovation.

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When crowdfunding sites like Kickstarter and Indiegogo began taking off, some thought they would make venture capitalists obsolete. That has not been the case so far. And crowdfunding sites have actually served as an opportunity for professional investors to easily find new startups to fund.

A report released last week by research firm CB Insights found that about 9 percent of the 443 hardware projects that have reached the $100,000 threshold on crowdfunding platforms have also raised venture capital.

 

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kids on computers

Millennials are so last year.

As the generation that inspired countless thinkpieces eases out of the public eye, marketers are honing in on the next wave of consumers: Generation Z. These folks, born in 1995 or later, make up 25.9% of the United States' population, contribute $44 billion to the American economy and differ from their predecessors in a few key ways.

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talk

As thousands of teenagers picked up their A-Level results last week, thoughts turned to what lies ahead. While some of us reach our late twenties still not knowing “what we want to do with our life”, a growing band of savvy young people are ploughing their own furrow and setting up their own companies while still in university – or even before they start.

Two young entrepreneurs who have been blazing the business trail have been rewarded for their hard work with a trip to Canada.

 

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When it comes to attracting the hip and cool, Southern California, long a cultural trendsetter, appears to be falling behind – at least in the view of the national media. Articles about where millennials are, or should be, going rarely mention anywhere in this region as a top choice.

Rather than hang out at the beach or enjoy poolside ambience, the conventional wisdom is that the millennial generation – those born after 1983 – would rather go anywhere else. Southern California is not on a list of the top 12 regions (although San Diego gets a mention) for millennials, published in the Huffington Post. Other “best” lists and similar compilations invariably highlight New York, San Francisco, Chicago, Austin, Texas, Raleigh, N.C., and Boston, but rarely SoCal.

image: http://www.freedigitalphotos.net 

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It's been a little while since I've written about growth hacking and I wanted to write about my experience with growth hacking since going through Y Combinator with One Month.

Y Combinator is known as an accelerator for a very good reason: it accelerates the growth of your startup tremendously.

So what are the things that Y Combinator does to make its startups grow so fast?

Image: https://onemonth.com 

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NewImage

As an entrepreneur, it's beneficial to put together a smart, invested board of advisors to help get you through your beginning years and beyond. That's why we asked 12 startup founders from Young Entrepreneur Council (YEC) what is most important when choosing your board. 

Vest Their Equity Over Time

It is extremely difficult to find the right advisers for your business. You need to make sure they have a strong work ethic, sufficient spare time to commit to the company and that they can provide solid advice and resources to your business.

Image: http://readwrite.com 

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It’s easy to associate delivering presentations with standing in front of an audience and gesturing toward projected slides. However, many meetings or pitches involve fewer than ten participants in a room, where everyone remains seated and walks through the same slide deck together. This is quite a different scenario with greater constraints on the presenter and fewer tools to engage the audience. But thoughtful planning and awareness of nonverbal cues can make these “non-presentations” successful.

image: http://www.freedigitalphotos.net 

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chocolate pieces

If you’ve ever unknowingly dropped some chocolate on your lap, you can sympathize. The sad truth is that the instant chocolate touches your hands--or face or clothes or any other extension of yourself--it begins to melt, quickly. And while melting in your mouth is a great feature of eating chocolate, it makes shipping and stocking it harder.

 

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The latest hot-button subject in tech, hotter even than ephemeral apps, is diversity. Or at least, if not actual diversity, the act of releasing employee diversity statistics. From Apple to Twitter, almost all the big names in Silicon Valley are doing it. Google fell first in May, and with some pushing by activist organizations the rest soon followed suit.

image: http://www.freedigitalphotos.net 

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keyboard

Over the past 20 years, Linux has ascended from a Finnish student's hobby to the world's most dominant operating system—one that runs everything from high-performance computing to mobile. Yet companies stillcan't get the Linux talent they need, at least for the price they're willing to pay for it.

To help meet this demand, the Linux Foundation today announced a new Linux certification program. But you have to wonder whether this is anything but a stopgap.

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leader

To change organisations, leaders need to better understand their environment, distribute leadership to their teams and improve their self-awareness.

The demands placed on leaders today to be influential agents of change are unprecedented. Those who find themselves rising through the leadership ranks are often encouraged to drive their teams to new heights and play an active role in shaping their organisations to keep up with today’s rapidly evolving markets and business cycles.

 

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