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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.

golden gate bridge

Silicon Valley is a leader in technology and start-up innovation, and inspires entrepreneurs across the world – here are some of its teachings.

"Silicon Valley isn't a place; it’s a mindset," says Alec Wright, chief technology officer at GSVlabs, a start-up accelerator based in Redwood, California.

California's technology giants have spread across the state, most notably to downtown San Francisco, home to Salesforce, Dropbox and LinkedIn. But the ideas of Silicon Valley have spread much further. Here are four of the best.

 

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NewImage

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. Then they are surprised to see productivity and creativity take a big dip. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business.

Image: http://blog.startupprofessionals.com

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start

For more than two decades, the numbers surrounding the survival rate of small businesses have remained unfortunately consistent. Only 20 percent of all new businesses make it past their first year. After five years, 50 percent of new businesses no longer exist and only one-third are able to enjoy their 10-year anniversary. 

As entrepreneurs tackle the legal formalities of assorting with a failed startup, including dissolving it with the state, they are also faced with the stigmas that surround what it feels like to have a business that failed.

 

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Accenture Interactive Marriott International and 1776 Launch the Travel Experience Incubator Business Wire

WASHINGTON--(BUSINESS WIRE)--Accenture Interactive, Marriott International, and 1776, a leading global incubator and network for startups, today announced the launch of the Travel Experience Incubator, a new program designed to discover and foster startups working on innovative technologies and solutions to improve the travel experience. The incubator will bring together the hospitality industry expertise of one of the world’s most innovative companies, Marriott International, and its official Travel Experience Incubator partner, Accenture Interactive, along with participating startups, to co-create unique and inventive new experiences for travelers.

Image: http://www.businesswire.com

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world map

The countries most likely to produce the next Google.

When Sergey Brin was 16 and his family had already been living in the United States for a decade, his father took him on a short trip back to Russia. It was 1990 and the Soviet Union was collapsing. By the second day of the trip, the teenager had seen enough to grasp what his life could have been. Taking his father aside, the future co-founder of Google told him in earnest: “Thank you for taking us all out of Russia.”

 

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NewImage

ALBUQUERQUE, N.M. — The University of New Mexico’s technology transfer office reported another solid year of growth for fiscal year 2017, which ended June 30.

The number of startups formed with UNM technology remains at a record high for the second year in a row, with 12 new businesses launched. Licensing agreements for companies to take UNM inventions to market, and patents issued by the federal government, are also both up compared with FY 2016, as are invention disclosures by university faculty and staff.

Image: The University of New Mexico’s technology transfer office reported another solid year of growth for fiscal year 2017. Shown here is Lisa Kuuttila, president and CEO of Science and Technology Corp., UNM’s tech-transfer office. (Albuquerque Journal File)

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feedback

Senate Finance Committee Chairman Orrin Hatch (R-Utah) received hundreds of thousands of comments on tax reform from taxpayers and groups after his call for feedback from stakeholders, a committee spokesperson said Monday.

“The Senate Finance Committee received hundreds of thousands of submissions from a broad cross section of citizens and stakeholders offering a variety of ideas and proposals on how to reform the nation’s broken tax code,” the spokesperson said. “Each submission will be considered as the committee moves forward with its current tax reform efforts.”

 

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Peter Cohan

As someone who enjoys making money on my investments, I find it useful to consider where money-making investments come from.

My experience has been that luck plays a huge role. But that luck seems to be concentrated in certain parts of the world. More specifically, my most successful investments have been in startups from Boston and San Francisco that turned into shares of a publicly-traded company.

 

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home office

Last year, Richard Laermer decided to let his employees work from home on a regular basis. "We hire adults, they shouldn't be tied to the office five days a week," said Laermer, who owns a New York-based public relations firm. "I always assumed that you can get your work  done anywhere, as long as you actually get it done."

Turns out, he was wrong.

 

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meeting

We may live in a digital world, but soft skills like communication, problem solving, collaboration, and empathy are becoming more valued than technology, says Paul Roehrig, chief strategy officer for Cognizant Digital Business, a business and technology service provider.

“People skills are more and more important in an era where we have powerful and pervasive technology,” he says. “It sounds counterintuitive, but to beat the bot, you need to be more human.”

 

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drone

Drones let us do cool things like take neat pictures from overhead views and pretend to be a pilot. But they've also been used for more nefarious purposes, like helping prisoners escape and spying on people.

NASA isn't one to mess around when it comes to security, and their Safeguard technology is clear proof of that. It can paralyze unmanned drones at a moment's notice if they become a threat.

 

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NewImage

As I gaze out the window on a sunny day at the lake in Punkaharju, Finland I am tempted to write about the peacefulness and quietness of this beautiful world class landscape. But when you see through this natural landscape, you see a Start-Up nation called Finland that continues to forge ahead its own path and place in the world of technology and innovation.

Image: CREDIT: A. SOSA-PASCUAL - Jari Handelberg from Aalto University, enters Maria 01 a former Hospital turned into an Tech Accelerator Complex in Helsinki, Finland.

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