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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.

tax

A change that Indiana lawmakers made this spring to a tax incentive for startups is being hailed as a big win for the tech industry because it promises to make it easier for fledgling businesses to attract out-of-state investors.

Legislation signed by Gov. Eric Holcomb will allow investors to transfer Indiana's Venture Capital Investment tax credits starting next year. Transferring the credits will allow out-of-state investors to essentially sell them to someone in the state who can take advantage, the Indianapolis Business Journal reported .

 

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Rashan Dixon

Not every AI-loving company operates in logistics, marketing or healthcare. Artificial intelligence isn’t picky about which industries it revolutionizes, and many niches have already embraced automation.

Given the global value of AI, it’s no surprise the tech is spreading. Statista estimates that worldwide AI revenue will hit $90 billion by 2025. With so much wealth to go around, no industry is safe from disruption.

 

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Wichita, Kansas

Eighty years after Dorothy ran away from her aunt and uncle's Kansas farm in the Wizard of Oz, people are leaving the state in droves.

For the fifth straight year, more people have left the state than moved in, according to the 2018 National Movers Study from Untied Van Lines.

Kansas ranked #5 out of the top 10 states that have seen the most outbound migration in the past year. The biggest reason people cited for their move from Kansas was for a job (63.82%).

 

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congress

A divided Congress leaves precious few legislative items that offer true bipartisan appeal. One of those issues is reducing drug prices, a subject the Trump administration has made a high priority.

But not every idea proposed to reduce drug prices is wise.

Recommended Video Generic drugs can offer cheaper alternatives to brand-name prescription drugs. But a “generics at all costs” approach has a serious downside that may not be fully appreciated.

 

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asia

Robots are joining the workforce around the world. But while it’s obvious their numbers are rising, it can be hard to work out which countries are currently ahead of the curve.

The most common measure is one used by the International Federation of Robotics (IFR) each year: the number of industrial robots per 10,000 manufacturing workers in the country. According to information released by the IFR to the Information Technology and Innovation Foundation (ITIF), the global average in 2017 was 85 bots per 10,000 workers. This is a 15% increase from last year.

 

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handshake

It’s no secret that companies are reducing the number of employees in their workforce and relying more on workers in the Gig Economy, including independent contractors, consultants, and freelancers. Employees make up only half of the workforce at some tech companies and are already the minority at Google.

 

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Sherri Gae Scott Ph D on LinkedIn

70 Years of Scientific Research on Diseases (1947-2017) - number of research articles published (PubMed) # For more interesting & helpful content on healthcare & data science, follow me & Brainformatika on LinkedIn.

Image: https://www.linkedin.com

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Why innovation holds the key to growth Israel News Jerusalem Post

Companies across the globe are coping with major disruption caused by enterprises such as Amazon in retail and Uber in transportation. Where are they innovating and seeking growth? Gabriel Hamani is CEO of BHI, a division of Bank Hapoalim, Israel’s leading financial institution. He discusses some of the key trends BHI is seeing among its clients across the many industries the bank serves.

Image: CEO GABRIEL HAMANI. (photo credit: SHAHAR AZRAN)  

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people

If every entrepreneur could predict the future, starting the right new business would be easy. Since my experience and interests have been primarily with technology, I’ve been watching those trends for a long time, and I see rapid change, but predicting impact is a challenge. Recently I’ve changed my focus a bit to people demographics, and I find the implications a bit more concrete.

 

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australia

Innovation is the buzzword in the industrial, trade and technological lexicon of nations across the globe that aspires to boost their productivity and improve the living standard of their citizens. There is consistent innovative redesigning of products and processes for convenience and value addition. Ever since Australia has begun its journey of innovation, it is continuously making progress. The latest ABS (Australian Bureau of statistics) data about innovation reveals that 44.5% of businesses are innovation- active. By employment size, however, 70% of the businesses with 200 or more employees are innovation-active.

Image: Melbourne city. Photo: Alf Scalise, Pixabay

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U S and China clash over technology transfer at WTO Reuters

Sign up for Next China, a weekly email on where the nation stands now and where it’s going next.

It’s one of the most contentious fronts in the U.S.-China trade war: so-called forced technology transfers. The term refers to a spectrum of practices through which foreign companies that want to operate in China are induced to part with their know-how. That may be simply through a requirement to form a joint venture with a local firm, or more insidious bureaucratic methods like overly intrusive inspections.

 

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