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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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Take any great idea and you can find no shortage of people who think they had it first. And it’s quite possible they did. History is full of examples of nearly simultaneous discovery. David Hilbert discovered general relativity at about the same time Einstein did. Alexander Graham Bell only narrowly beat Elisha Gray to the patent office.

Image: http://innovationexcellence.com

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cell phone

“Every once in a while, a revolutionary product comes along that changes everything,” Steve Jobs said in 2007, when he introduced the first iPhone. Eleven years later, the question isn’t whether he was right. It’s whether we like the way we’ve changed.

Today, the average American checks his or her phone 47 times a day — many more if they’re younger — and spends about four hours a day staring at its screen. That’s roughly a sixth of our total time alive. Given these numbers, it makes sense that there’s an increasing sense of concern over our relationships with our phones.

 

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When Steve Jobs first came up with the idea for the iPod, it wasn't actually a machine he had in mind, but "a thousand songs in my pocket." It was, at the time, an impossible idea, because hard drives of that capacity and size just didn't exist. In fairly short order though, the technology caught up to the vision.

That kind of singular focus and drive helps explain Jobs' incredible success, but what about his failures?  The Lisa, a precursor to the Macintosh, flopped. So did his first venture after Apple, NeXT Computer. Even at the height of Apple's dominance, there were failures such as iAds. Apple TV still hasn't really gained traction.

 

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The surging popularity of bitcoin and cryptocurrencies offers a vision of a more efficient world where individuals can deal directly with each other without trusted centralised institutions.

That's the positive narrative , but technology has promised many things in the past, only for them to either fail or take a lot longer to hit critical mass. But how will it bring substantial improvements in business performance of global companies?

 

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new york city

By StartUp Health’s reckoning, New York City was the second most active city for health tech dealflow in 2017 with $1 billion invested across 63 deals. San Francisco had nearly twice the number of deals and more than three times the amount, but the closest to New York was Boston with 29.

So who are the big players in healthcare investment in the Big Apple? A new report from New York Healthcare Business Leaders breaks down some of the larger investors across life science and healthcare.

 

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You’ve likely heard of an elevator pitch, but have you heard of an ice hole pitch?

Polar Bear Pitching, as it’s called, is perhaps the most extreme form of startup pitch competitions. Participants withstand snow, ice, and sub-zero temperatures for an opportunity to win €10,000, among other prizes. There is no time limit, but there is one catch: Entrepreneurs must stand waist-deep in the Baltic Sea for the duration of their pitches. Talk about motivation to keep it short.

Image: HENRI LUOMA

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chicken soup

When you’ve got the flu, the only true cure is rest and time—there’s no food or drink that will magically make your symptoms go away. But making sure you’re staying hydrated and eating nutrient-rich foods can help ensure you don’t feel any worse than you already do and may help ease your discomfort and get you back on your feet faster.

 

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meeting

Investing for the sake of the adventure is rarely a good idea. Venture capitalists are masters of investment and run the game on what makes a sound business decision and what looks too risky. They’ve built careers off of detailing the key factors necessary to make these decisions, regularly. Ernst & Young U.S. Venture Capital Leader Jeff Grabow shared his wisdom with me recently on a podcast I ran, where I learned all about what venture capital really is and why VCs invest.

 

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You don’t have to be a new venture advisor like me to hear all the excuses for not starting your own business. I’m sure all of you have friends who are not happy in their employee roles, and are not shy about complaining, but never seem to get around to doing anything about it. They can cite all the myths about being too old to change, not having the money, or no business degree.

Image: http://blog.startupprofessionals.com

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CAPE CANAVERAL, Fla. – The NASA spacecraft that gave us close-ups of Pluto has set a record for the farthest photos ever taken.

In December – while 3.79 billion miles from Earth – the New Horizons spacecraft snapped a picture of a star cluster. The photo surpassed the “Pale Blue Dot” images of Earth taken in 1990 by NASA’s Voyager 1.

The images for “Pale Blue Dot” – part of a composite – were taken 3.75 billion miles away.

Image: This December 2017 false-color image made available by NASA in February 2018 shows KBO (Kuiper Belt object) 2012 HZ84. This image is, for now, one of the farthest pictures from Earth ever captured by a spacecraft. I NASA/Johns Hopkins University Applied Physics Laboratory/Southwest Research Institute via Associated Press

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