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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.

Steve Case 6244482532In this edition of Author Talks, McKinsey Global Publishing’s Raju Narisetti chats with AOL cofounder and Revolution CEO Steve Case about his new book, The Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream (Simon & Schuster, September 2022). In pursuit of a more inclusive innovation economy, Case has run investment firm Revolution’s Rise of the Rest Road Trip tours for nearly a decade, visiting and investing in start-ups across the country, excluding the major venture capital hubs of Silicon Valley, New York City, and Boston. For years, these three cities have dominated the competition for seed funding and talent, but Case says pandemic- and technology-borne disruptions now pose an equalizing opportunity for noncoastal entrepreneurs. An edited version of the conversation follows.

Image: https://commons.wikimedia.org/wiki/File:Steve_Case_(6244482532).jpg

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Jason Miller e1435132800953 112x112The Small Business Innovation Research program is a big step further away from ending.

The Senate passed a three-year authorization of SBIR and the Small Business Technology Transfer Research program by unanimous consent on Sept. 20.

Sen. Ben Cardin (D-Md.), chairman of Committee on Small Business and Entrepreneurship, introduced and the full body passed the SBIR and STTR Extension Act of 2022 on Wednesday after several months of delay because of concerns from Sen. Rand Paul (R-Ky.) about companies abusing the program.

 

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GM battery recyclingGM announced Thursday that its venture capital division, GM ventures, will invest in Lithion Recycling to support a sustainable circular battery ecosystem. The new partnership will focus on researching and developing a viable EV battery recycling method to further reduce emissions and the usage of critical minerals.

Global supply chains are still recovering from the pandemic, and as the demand for electric vehicles continue to soar, automakers are rushing to lock up deals to ensure they will have adequate supply to achieve their targets.

 

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https://commons.wikimedia.org/w/index.php?search=eric+schmidt&title=Special:MediaSearch&go=Go&type=imageWhen James Chau Nguyen's grandmother was diagnosed with cancer in March 2020, the tumor in her brain was already too big to remove. Nguyen, then just a sophomore in high school in California, took the news particularly hard. Just eight months prior, Nguyen and his mother immigrated to the U.S., leaving them unable to travel back to Vietnam to see her during the pandemic.

Image: https://commons.wikimedia.org/w/index.php?search=eric+schmidt&title=Special:MediaSearch&go=Go&type=image

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Air CompanyLast month, an Air Force drone took off on a first-of-a-kind test flight with a new kind of fuel: one made with captured CO2 and renewable energy. It looks and acts like standard jet fuel, but when it burns, it’s carbon neutral.

Air Company, the New York-based startup that created the fuel, is now developing its first commercial production facility for it, and is beginning to take orders from airlines including Jet Blue and Virgin Atlantic.

Image: Air Company

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An AI-based home screening test to detect oral and throat cancers from saliva samples is now available in the United States. (CREDIT: Creative Commons)An AI-based home screening test to detect oral and throat cancers from saliva samples is now available in the United States with the hope of transforming oral and throat cancer detection.

Based on a technology approved by the US Food and Drug Administration (FDA) as a "breakthrough device," the saliva test can detect early symptoms of oral and throat cancer with more than 90 percent accuracy.

Image: An AI-based home screening test to detect oral and throat cancers from saliva samples is now available in the United States. (CREDIT: Creative Commons)

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Future network trends driving universal metaverse mobility EricssonExpectations about future critical network capabilities and performance have risen significantly among stakeholders across business, societal and governmental spheres in the past couple of years, largely due to the solid performance of the digital infrastructure during the pandemic. At the same time, our industry has continued to invest in evolved 5G and 6G research for a trustworthy and universal open connectivity platform that accelerates digitalization for enhanced social, economic and environmental outcomes, in accordance with the United Nations Sustainable Development Goals.

 

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Question mark gd16f8d084 640 pngDissecting the success and strategies of Chinese internet firms as more of them venture overseas.

You could say last year was a good year for China’s internet titans. E-commerce behemoths Alibaba and JD.com notched a record US$139 billion in sales on Single’s Day, the world’s largest shopping event. Social media phenomenon TikTok, owned by Beijing-based ByteDance, was the world’s most downloaded app, overtaking previous favourite WhatsApp. Tencent, the biggest social networking and gaming company in China, reported a 16 percent year-on-year rise in revenue, to 560 billion yuan.

 

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Poster world wide windThe type of wind turbine you’re used to seeing in stock photos of wind farms is called a horizontal axis wind turbine (or, HAWT). But there is another form of wind power, called a vertical axis wind turbine (VAWT), in which the blades rotate on an axis perpendicular to Earth’s surface. This type of turbine can work better in unstable wind conditions because they don’t need to be pointed into the wind, but still produce much less electricity and durability problems because of the force the wind exerts on them. That’s why you would only see VAWTs in small applications, like homes, and HAWTs in wind power farms.

Image: World Wide Wind

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Poster design featuring the ten principles of good design by Dieter Rams.
© Daniel Skrok and Interaction Design Foundation, CC BY-SA 3.0Good design is a concept defined by industrial designer Dieter Rams’s principles: It makes a product useful and understandable, is innovative, aesthetic, unobtrusive, honest, long-lasting, thorough to the last detail, environmentally friendly, and involves as little design as possible. Designers strive for good design.

Image: Poster design featuring the ten principles of good design by Dieter Rams. © Daniel Skrok and Interaction Design Foundation, CC BY-SA 3.0

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An optical image of a highly-transparent solar cell fabricated with a 2D atomic sheet. (CREDIT: Toshiaki Kato)Solar panels often get a bad rap for spoiling the appearance of homes and businesses. Yet, this may be about to change.

A research group has fabricated a highly transparent solar cell with a 2D atomic sheet. These near-invisible solar cells achieved an average visible transparency of 79%, meaning they can, in theory, be placed everywhere - building windows, the front panel of cars, and even human skin.

Image: An optical image of a highly-transparent solar cell fabricated with a 2D atomic sheet. (CREDIT: Toshiaki Kato)

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Steve Jobs Headshot 2010 CROP cropped 2The year was 1984. It was shortly before Steve Jobs left Apple and several years before Jobs would go on to conduct one of the biggest turnarounds in business history, bringing Apple from the brink of bankruptcy to become one of the most valuable companies in the world.

Image: https://commons.wikimedia.org/wiki/File:Steve_Jobs_Headshot_2010-CROP.jpg

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