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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.

science

There’s a whole lot of money being generated by Indiana brainpower. Looking at only part of the picture, the state’s three largest research universities, reveals a massive economic generator that contributes to each one of Indiana’s 92 counties via direct and indirect means. The impact of R&D is huge for the state.

Image: http://www.buildingindiana.com

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U S and China clash over technology transfer at WTO Reuters

President Trump has announced tariffs on $50 billion worth of Chinese-made products. The president said, quote, "trade between our nations has been very unfair for a very long time. This situation is no longer sustainable." Now, in a quick response, China announced its own duties on $34 billion worth of U.S. goods. Dan Ikenson is director of Cato's Herbert A. Stiefel Center for Trade Policy Studies and joins us now. Mr. Ikenson, thanks for being with us.

 

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Best Novels of 2018 So Far Time

There’s no better time than summer to catch up on the books you might have missed this winter and spring. From a feminist retelling of classic mythology to a troubled love story set partly in a prison, here are our favorite novels of 2018 so far.

Image: http://time.com

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organ

For half a century, doctors have said human organ transplants will someday be replaced by xenotransplantation, or putting animal organs into people. But xenotransplant attempts have largely failed, making it seem like the goal will never be realized. “The running joke is that the future of transplantation is xenotransplantation, and always will be,” said Dr. Robert Redfield, a transplant surgeon at UW Hospital.

 

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innovation

Pity the IT leader having to listen to yet another management mandate about the importance of “innovation.” We get it: innovation is differentiating, strategic, vital. Those who don’t try to create the future, particularly with emerging digital technologies, risk being left in the dust by those who do. That’s why it’s vitally important to carve out resources to explore, experiment and ask big questions.

 

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What is an innovation school

Innovation schools have the freedom of charter schools but take advantage of the resources and scale of the school district.

Image: https://www.democratandchronicle.com

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appartment

If you live in San Carlos or Redwood City, California–near San Francisco, but not the most expensive part of the Bay Area–and have a minimum-wage job in retail or at a coffee shop, you won’t make enough to afford a typical studio apartment.

The county’s “housing wage,” or the amount you’d need to make per hour to spend no more than 30% of your income on rent, is $38.73 an hour. The minimum wage in Redwood City, though it will soon increase, is $11. To afford a two-bedroom apartment, you’d need to make more than $60 an hour.

 

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questions

“Do Schools Kill Creativity?” is one of the most popular TED Talks of all time. In his entertaining and provocative presentation, Sir Ken Robinson says (referring largely to the state of education today) that “..if you’re not prepared to be wrong, you’ll never come up with anything original. And by the time they get to be adults, most kids have lost that capacity. They have become frightened of being wrong.”

 

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entrepreneur

With the invention of Bitcoin in the year 2009, the underlying Blockchain Technology was also introduced to the world. At that point in time, the researchers and the experts could not realize the potential of the Blockchain Technology apart from cryptocurrencies. The Blockchain Technology is finding its application in many domains including the Electoral process, Healthcare industry, Supply chain management, HR industry, and also the entrepreneurship.

 

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failure

The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. But nobody said it would be easy. The road to business success is filled with guidance on how to build and maintain the traction needed to survive and prosper. Of course, experiences and failures are the best challenges and frustrations that most aspiring entrepreneurs never even imagined.

 

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NewImage

Previously for a startup looking to raise capital, most companies took the same route. Terms like Venture Capital, Seed Funding, Series A, B, C, & Investment Banking were common. Today we have a disruptor in the global finance industry through the power of the distributed ledger, including a popular type known as blockchain, so companies now have another option of financing through what has come to be known as an Initial Coin Offering (ICO). In 2017, blockchain startups raised more than $1 billion through traditional Venture Capital, and a whopping $5.6 billion through ICO capital. Let’s take a look at the two models and compare them.

Image: https://irishtechnews.ie

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