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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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The reigning theory in business has long been that “alpha” leaders make the best entrepreneurs. These are aggressive, results-driven achievers who assert control, and insist on a hierarchical organizational model. Yet I am seeing more and more success from “beta” startup cultures, like Zappos and Amazon, where the emphasis is on collaboration, curation, and communication.

Image: https://blog.startupprofessionals.com

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Four Assorted Spices On Wooden Spoons Free Stock Photo

Researchers say that curcumin, a natural compound found in the spice turmeric, could help eliminate certain viruses. The scientists, from the Wuhan University of Engineering in China, published a study, “Antiviral and virucidal effects of curcumin on transmissible gastroenteritis virus in vitro,”in the Journal of General Virology which showed that curcumin can prevent transmissible gastroenteritis virus (TGEV), an alpha-group coronavirus that infects pigs, from infecting cells. At higher doses, the compound was also found to kill virus particles.

 

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This illustration, created at the Centers for Disease Control and Prevention (CDC), reveals ultrastructural morphology exhibited by coronaviruses. A novel coronavirus, named Severe Acute Respiratory Syndrome coronavirus 2 (SARS-CoV-2), was identified as the cause of an outbreak of respiratory illness first detected in Wuhan, China in 2019. The illness caused by this virus has been named coronavirus disease 2019 (COVID-19). (CDC/Alissa Eckert, MS)

Scientists have responded to COVID-19 with unprecedented speed. Just months after the outbreak of the novel coronavirus, clinical trials are already underway for nearly 200 vaccines and therapies.  

But while the pace of COVID-19 innovation may be extraordinary, the research infrastructure allowing this remarkable work is hardly new. In fact, it was cemented into place nearly two generations ago when Congress passed the Bayh-Dole Act of 1980.

 

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Aytekin Tank

How can we, as entrepreneurs, find answers in a world vying for our attention with constant stimuli and distraction?

According to Albert Camus, the only real progress we make lies in learning to be wrong all alone. It’s in stepping back from this overwhelming volume of information that we can see our mistakes with greater clarity, and consequently find solutions.

Giving ourselves time to think and process our decisions is crucial for progress, and this is especially true in times of turbulence and uncertainty.

 

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Mark Zuckerberg recently shared his plans for the future of remote work at Facebook. By 2030, he promised, at least half of Facebook’s 50,000 employees would be working from home. “We are going to be the most forward-leaning company on remote work at our scale,” he declared in a follow-up interview. A few days before, Jack Dorsey had announced that Twitter and Square’s employees would be allowed to work “wherever they feel most creative and productive…even once offices begin to reopen.”

 

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AOL Co Founder Steve Case Says Next Stimulus Bill Should Help Startups on Cheddar

As Congress begins negotiations this week on a fourth coronavirus stimulus bill, Steve Case, CEO of venture capital firm Revolution and co-founder of AOL, is making the case for supporting startups in a package that could put upwards of a trillion dollars into the economy.  "The first bills really did a good thing in terms of stabilizing existing businesses," Case told Cheddar. "Now the focus needs to be on startups, because startups actually create the jobs in this country, not small business, not big business, but young, new businesses."

Image: https://cheddar.com - From Video

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People Wearing Backpacks Free Stock Photo

Our fumbling, incompetent response to the pandemic continues. In six weeks, a key component of our society is in line to become the next vector of contagion: higher education. Right now half of colleges and universities plan to offer in-person classes, something resembling a normal college experience, this fall. This cannot happen. In-person classes should be minimal, ideally none. 

The economic circumstances for many of these schools are dire, and administrators will need imagination — and taxpayer dollars — to avoid burning the village to save it. Per current plans, hundreds of colleges will perish. 

 

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Digital Health Ecosystem Report Startups Companies in 2020 Business Insider

Healthcare stakeholders can no longer lag on digital transformation, and tapping into innovation can sate convenience-hungry consumers and tackle some massive challenges compressing their bottom lines.

Personalization and convenience have become table stakes in nearly every industry, and consumers are extending demands for these digital-powered experiences to healthcare — US consumers have expressed a willingness to jump ship to care services that can provide them with better digital experiences. 

Image: Business Insider Intelligence

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