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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.

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When Harvard University announced Lawrence S. Bacow as its president-in-waiting on Sunday, the institution focused heavily on his illustrious academic history, past presidential experience at Tufts University and family story as the son of immigrants.

Less discussed was Bacow’s age. He’s 66, about four years older than the average college president. If he stays at Harvard for 10 years -- the tenure he has previously said is about right for a president -- he will be stepping down in his mid-70s.

Image: HARVARD GAZETTE - Lawrence S. Bacow, 66, is Harvard's next president.

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sparkler

The Biotechnology Innovation Organization (BIO) celebrates its 25 years anniversary this year.

Innovators Magazine is a media partner with one of BIO’S flagship annual events, the World Congress on Industrial Biotechnology, and we’ve distributed special Congress editions at the last two instalments, in San Diego and Montréal.

Watch Jim Greenwood, President and CEO of BIO, reflect with its Chair, Dr John Maraganore this week on the state of the industry – as BIO turns 25 – at the body’s annual CEO & Investor Conference in New York.

 

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bitcoin

PHOENIX — Whether through crowdfunding or the launch of a new cryptocurrency, fundraisers seeking investors will have new rules and regulations to work under in Arizona.

Rep. Jeff Weninger (R-Chandler) has introduced a slate of bills that collectively update the way in which state government looks at new e-commerce technologies like crowdfunding, Initial Coin Offerings (ICOs), cryptocurrency mining and blockchains.

If any of that sounds new and unfamiliar, that’s because it is — these represent some of the newest advances in how virtual data is processed and money is exchanged.

 

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roller coaster

Not every day is rainbows and unicorns.

If you've spent even one week on the entrepreneurial thrill ride, you'll know what I mean. 

Maybe it was those targeted ads you hired someone to create that weren't so targeted after all. Maybe all the money you put aside to invest in new tech gear turned out to be merely a down payment. Or maybe it was that morning you were set to pitch the biggest deal in the history of your startup, but your nose started dripping like mad and your drip-campaign dried up.

 

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OTTAWA—The federal government will pump $950 million into five innovation “superclusters” spaced evenly across the country, promising the injection of cash will set up hubs of collaboration between researchers and industry players to position Canada to compete in the 21st-century global economy.

Innovation, Science and Economic Development Minister Navdeep Bains unveiled the recipients of the federal cash Thursday, predicting the establishment of the hubs of industry and research will grow Canada’s economy by $50 billion over the next decade and create more than “50,000 middle-class jobs.”

Image: Innovation, Science and Economic Development Minister Navdeep Bains predicted the superclusters would grow the country's economy by $50 billion over the coming decade and add "50,000 middle-class jobs." (SEAN KILPATRICK / THE CANADIAN PRESS FILE PHOTO)

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canada

$950-million investment positions Canada for an innovation boom in high-growth sectors

OTTAWA, Feb. 15, 2018 /CNW/ - When small, medium-sized and large companies, academic institutions and not-for-profit organizations come together to generate bold ideas, Canadians benefit from more well-paying jobs, groundbreaking research and a world-leading innovation economy.

That's why the Government of Canada is investing up to $950 million under the Innovation Superclusters Initiative.

The investment, which will be matched dollar for dollar by the private sector, is expected to create more than 50,000 middle-class jobs and grow Canada's economy by $50 billion over the next 10 years.

 

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brain

We’ve all had nights when we lie awake in bed, unable to quiet our racing thoughts. There are plenty of reasons why sleep may be evading you—maybe you had caffeine too late in the afternoon, for example, or you’ve been staring at your laptop screen for hours and haven’t given yourself time to wind down before bed.

 

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san diego

Access to higher education for the city’s fastest-growing ethnic group, lower average wages paid by small business and a major lack of affordable housing are among the issues negatively affecting the region’s economic growth potential identified in a report released Thursday by the San Diego Regional Economic Development Corporation.

The rise of the innovation economy in San Diego has created wealth and opportunity across the region while contributing to a widening of economic inequality. If the region does not act to address these concerns, it will lose employees and employers to other areas, according to the report on economic inclusion commissioned by the EDC.

 

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data

For six consecutive years NewVantage Partners has conducted an annual survey on how executives in large corporations view data. Each year the response rate increases, and the reported urgency of making effective use of data increases as well. This year the results are both more encouraging and more worrisome than in the past.

Six years ago, the primary focus of questions and answers in the survey was big data, which was relatively new on the business scene. In the 2018 survey, the primary attention has moved to artificial intelligence. AI is now a well-established focus at these large, sophisticated firms. There is both a stronger feeling that big data and AI projects deliver value and a greater concern that established firms will be disrupted by startups.

 

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curling

Every four years the Winter Olympics capture the collective attention of sports fans around the world.

While the fast-paced action of alpine skiing and skeleton provide solid doses of adrenaline, there's no better winter sport to casually enjoy than curling. Calmly paced but full of strategy, skill, and drama, curling is the perfect sport to invest your energy in at Pyeongchang 2018 and start cheering on the men and women of Team USA.

 

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