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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.

china

Chinese students have been caught in the cross hairs of the brewing trade war between Beijing and Washington, but see little impact – at least for the moment – from the United States’ latest policy change to shorten the validity of visas to some Chinese citizens.

By registering you agree to our T&Cs & Privacy Policy While Chinese international students preparing to go to the US to study in science, technology, engineering and mathematics (STEM) fields said the changes would not affect their plans, education consultants believe the visa changes may prompt some of them to study elsewhere.

 

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Afruitpple co-founder Steve Jobs was, briefly and famously, an ardent fruitarian—meaning he ate a diet composed primarily of fruit, which he believed would cleanse his body of harmful fluids. Just as famously, the actor Ashton Kutcher tried adopting Jobs’s fruit-centric diet, until he ended up in the hospital with an out-of-whack pancreas.

 

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NewImage

The Department of Homeland Security recently filed a proposal to remove an Obama-era rule that allows immigrant founders of companies in the US the opportunity to stay for two and a half years, with the possibility of an extension.

It was a long time coming, considering the current administration's push to enforce stricter and broader immigration laws to prevent any loopholes: Last year, the DHS delayed the effective date from July 2017 to March 2018, and announced it would ultimately remove it completely in order to protect the jobs of American workers. 

Image: http://www.businessinsider.com

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calculator

With new-age entrepreneurship potentially breaking barriers as far as leading to the development of actual solutions to issues, not too long ago considered unsolvable, it is only imminent that the entrepreneur; especially the first-timers; master smart techniques so as to minimize wastage of resources whilst maximizing entrepreneurial potential.

 

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wind turbines

Most entrepreneurs are jacks-of-all-trades who are equipped with the knowledge and abilities to solve business problems as they arise, but there are some obstacles that require a more specialized industry-centric approach. These are the challenges that keep business owners up at night because they don’t have the in-house expertise or resources necessary to develop a solution. 

 

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lesson

Leaders in outcome-based cultures (OBCs) are able to concentrate on what people achieve -- the outcome -- not necessarily how they achieve it.

While cultures like these aren't formal business structures, they do require structured leadership input, especially regarding selection and engagement -- they put the right people with the right talents in the right roles and then drive their performance through engagement. OBC leaders and managers don't micromanage. They guide their employees' performance and contributions to overall strategies.

 

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pitchbook logo

SEATTLE and NEW YORK and SAN FRANCISCO and LONDON, June 14, 2018 /PRNewswire/ -- PitchBook, the premier data provider for the private and public equity markets, today released fund performance data through 3Q 2017 from its stand-alone performance measurement product, PitchBook Benchmarks. The comprehensive performance data is designed to help limited partners (LPs) and general partners (GPs) better understand private market fund performance relative to broader asset classes and other PE and VC strategies. Since last quarter, PitchBook has added more than 140 private capital funds to the Benchmarks data set, which now includes nearly 4,000 private market funds. In this edition, PitchBook examines performance persistence across active PE and VC fund managers and finds strong performance persistence between funds, and that the level of persistence rises as a firm raises additional funds. In aggregate, funds that deliver top-quartile performance are followed by a top-quartile successor fund 39% and 34% of the time for PE and VC, respectively.

 

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new jersey

New Jersey Governor Phil Murphy rarely misses an opportunity to point out the Garden State once was a hub for innovation — where Thomas Edison invented the phonograph and the incandescent light-bulb, and the birthplace of the transistor that paved the way for modern computers.

“This is a state that was a Silicon Valley before there was a Silicon Valley,” Murphy told a crowd of entrepreneurs at Propelify, a tech festival on the Hoboken Pier in May.

 

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boss

Whether you’re lucky enough to have a great boss or have an uncomfortably rocky relationship with your manager, it pays to put some thought into your interactions. The language you use with your boss could end up dictating whether you get promoted, end up on the chopping block, or fall somewhere in between. With that in mind, here are five phrases you should make an effort to avoid uttering to your boss–even if they seem appropriate on the spot.

 

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NewImage

The European Commission this week flicked an ignition switch on a competition to build a cheap space launcher, giving new energy to a space race dominated by US companies.

The prize, part of the European Innovation Council pilot, will award €10 million to a commercially viable and affordable launcher for light satellites.

Extra points will go to applicants who have already managed to launch smaller, inexpensive satellites and developed a concept for their launch services by the time of their application – closing date, June 1, 2021.

Image: Arianespace

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NewImage

In late May, the Trump administration announced that the length of visas for Chinese graduate students working in certain fields would be cut to one year. Not unexpected, the step is intended to protect advanced U.S. technology from Chinese appropriation, as well as limit the speed of Chinese technological advances. The practical impact of the change remains uncertain, and relatively few students will actually see a change; for the most part it may simply add to the hassle and paperwork that these students face.

Image: Image Credit: U.S. Army photo by Kimberly Bratic, TARDEC

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