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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.

Ideas and innovations 2021 08 26 23 02 46 utc  1

A Renault R&D center holds innovation competitions with a twist: In addition to allowing employees to say whether they like prospective ideas, it allows them to volunteer to help pursue an idea if it gets the green light. After the competition ends, the successful inventor can get in touch with some or all the people who indicated that they would want to help turn the idea into reality who could provide skills and support that the project will need.

 

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In an age where knowledge is so easily disseminated, the modern-day workplace, and roles as we know them, are beginning to transform. As ideation establishes itself as a concept, if put into action, it could help to create and form a more transformative entrepreneurial future generation. It will be the actions of many ideators that will motivate and contribute to the post-pandemic economy, and this becomes even more tangible as fewer people occupy predetermined and fixed positions in companies.

 

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Ipillsn the spring of 2017 I was serendipitously invited to what initially seemed to be the wrong scientific meeting. The invitation came thirdhand, and the details were murky but intriguing. I took a car to a train to a downtown hotel where I wound my way through a series of conference rooms before a sign on a door made it clear that something was terribly wrong. It said, “MAPS Phase 3 meeting.”

 

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As I talk to business owners and entrepreneurs, I’m surprised at how many complain about team members who feel taken for granted, or have contributions not appreciated. As an advisor and mentor, I’m always looking for more ways to improve communication, get people more engaged, and get more done. Great communication inside the organization and outside is the key to value.

 

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Freelance creative 2021 09 03 06 37 52 utc

Amid the relentless pursuit of creativity, it may be time to reconsider how we define it.

“The worst enemy of creativity,” said Sylvia Plath, “is self-doubt.” To the celebrated American poet and novelist, ideas and inspiration would flow for those who have the “guts to do it” and “imagination to improvise.” Plath might well raise an eyebrow at how creativity is now dissected, promoted, and obsessed over around the world. Countless studies have been conducted about instilling and nurturing creativity in everyone from schoolchildren to business executives. An entire genre of “creativity” self-improvement books has flourished over the last decades.

 

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Business people working 2021 09 24 03 39 22 utc

Millions of workers have thought about changing and quitting their jobs in recent months, and some Americans even have unretired. People who are currently thinking about joining the Great Resignation or taking on new opportunities may want to consider jobs that have quickly grown over the last couple of years.

LinkedIn recently published its annual "Jobs on the Rise" list for the US, based on the company's internal data on jobs started by the career networking site's users. This year's list shows the fastest-growing job titles using growth rates from January 2017 through July 2021.

 

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Cursor and Six charts that show 2021 s record year for US venture capital PitchBook

Despite the ongoing impacts of the pandemic, 2021 saw US VC activity begin with a bang and end on a high note.

The Q4 2021 PitchBook-NVCA Venture Monitor, sponsored by Insperity, explores the data in detail, painting a dramatic picture of the US venture industry and depicting how the year toppled previous records for dealmaking, public listings, fundraising and more. Here's a breakdown of several noteworthy trends in the industry during 2021.

 

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Electric passenger drone staying on the top of a b 2021 08 26 15 33 01 utc

Autonomous vehicles, drones and eVTOL aircraft are innovations with the potential to transform people’s lives. But if hastily adopted and not correctly regulated, new technology can be dangerous—and even lead to tragedy, as in 2018 when a self-driving Uber test car killed a pedestrian. So how can companies be encouraged to push the boundaries while minimising the risks?

 

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How investing in big science benefits industrial innovation World Economic Forum

Big science projects increase knowledge about phenomena that are fundamentally important for humankind. Projects such as CERN, ITER, the international fusion project in France, the Square Kilometre Array radio telescope in Australia and South Africa, and the International Space Station advance scientific understanding with the potential for solving existential threats to humanity. Collectively they have budgets of hundreds of billions of dollars and produce major benefits for industry.

Image: Big science projects advance scientific understanding with the potential for solving existential threats to humanity. Image: UNSPLASH/Ryo Tanaka

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SXSW Pitch Presented by Cyndx – 2019 – Photo by Beverly Schulze

The 14th annual SXSW Pitch will take place at the Hilton Austin Downtown on Saturday, March 12 and Sunday, March 13. A live audience, as well as a panel of expert judges, will discover advancements in various sectors of emerging technology. The best part – product demonstrations by the most ambitious talents in the world with the creative new ideas to change it. Catch a glimpse of the industry’s future, with a guided tour by our emcees and judges.

Image: SXSW Pitch Presented by Cyndx – 2019 – Photo by Beverly Schulze

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Female scientist working in biotech laboratory 2021 09 24 04 13 12 utc

Bellevue’s Suburban General Hospital, located just outside the city on Pittsburgh’s west side, closed its doors in 2010. Now a partnership between Allegheny Health Network (a major nonprofit healthcare system) and Innovation Works (a major seed-stage investor) has brought the 230,000-square-foot facility back to life as a healthcare powerhouse, with a twist. 

 

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Question drawn on a blackboard.

Even as the venture capital industry shattered all records last year, it also continued to see significant changes to how it operates and its place in the startup ecosystem.

Last year saw seismic changes brought about by the likes of large hedge funds such as Tiger Global and Coatue pouring money into venture-backed startups and spiking valuations. It also saw some legacy players change the way they play the venture game, including Sequoia Capital’s plans to change its fund structure.

 

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