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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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AngelList has announced the creation of Angel Funds. These funds are designed to be the easiest way to start a “full-fledged” venture fund. Using their back-end technology, these investment vehicles can scale more rapidly minus much of the back office hassle. The funds operate like a traditional venture fund. They raise capital up front and angels  can contribute to their own fund. Angel Funds can also raise capital from any backer on AngelList including traditional VCs. The Angel Funds are said to complement their Syndicate model that allows investors to back one startup at a time. Angel Funds require investors to commit to building a portfolio, and to commit to investing only through the fund while it has capital. Backers also commit to all of the fund’s investments up front.

Image: https://www.crowdfundinsider.com 

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social

The Smart Cities for All initiative, led by G3ict (Global Initiative for Inclusive ICTs), with the support of Microsoft, has helped to produce a new toolkit to assist cities with implementing smart city programs that can help all community members.

In a recent survey of more than 250 experts worldwide, research has found that 60 percent of people feel that smart cities are failing persons with disabilities and older persons.

 

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Innovation projects are said to fail 90% of the time. Why is this? Part of the answer lies in the special “innovation teams” who are mandated with finding breakthrough growth in large corporations. Setting these teams up for success is vital, yet corporations often fail when doing this. This article provides a collection of ten tips that serve as a talent management roadmap for growth companies in search of high-performance teams that deliver.

Image: http://www.innovationmanagement.se 

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cybersecurity

“If you don’t measure it, you can’t manage it,” said George, the chief strategy officer, to a nodding CEO Tom.

Cybersecurity performance can be managed, but only if measured.

The ability to measure performance has always been at the heart of effective management, underlying decisions about how to allocate resources, which practices to employ and whom to reward. Much more so than in the past, this is an age of granular and systematic performance management. Senior executives are exploiting massive amounts of data to understand which products generate profits, which salespeople sell effectively, and which operational teams execute with the highest degree of efficiency.

 

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no cellphone

Earlier this year I found myself waking up in sweat-laced anxiety for a week straight. I’d wrapped a month of high-stakes projects that put me at the top of my freelance career. I was financially secure, felt professionally accomplished, and had never been so flush with great projects. So why was I bolting upright in the middle of the witching hour?

During a 3:00 a.m. emergency journaling session (I’ve learned to think of it as paper therapy), I realized that in my efforts to please clients, I’d neglected the routines that had made me successful to begin with: making time to reflect, exercise, plan, and knock out real, focused work without any digital distractions.

 

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whiteboard planning

When you hear the words startup founder, it’s likely that the image that comes to mind is that of a young, white man who lives in California or New York, favors casual wear and didn't finish college. New data from the Kauffman Foundation may have you thinking differently.

Every year, Kauffman releases a wide ranging body of research about the state of startup activity in the United States. The study looks at trends across cities and states and explores who -- by age, gender, race and even veteran status -- chooses to be an entrepreneur.

 

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trend

I once read a quote that said: "Fashion is a form of ugliness so intolerable that we have to alter it every six months."

Frankly speaking, I think it is altered every six weeks. Business is not so different. Every now and then, we witness a new trend that takes over.

A few years ago, it was the cupcakes craze and social media accounts sprung up managed by home businesses offering variations of cupcake designs. Following that it was cookies – consumers. More than a few businesses launched in the UAE to cater to this trend. Nowadays, it is all about burgers and food trucks. Gourmet food trucks could be seen outside parks, at concerts, and at markets and pop-up events.

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SASHA LEKACH

Yes, there's an app for that. And even that.

While HBO's Silicon Valley pokes fun at start-up culture, tech entrepreneurs, and off-the-wall ideas, the show's riffs and jokes aren't only contained to fictional cable TV storylines. The real world is filled with actual examples of unnecessary companies, apps, and products trying so hard to "disrupt" something, anything.

 

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graduates

The class of 2017 is joining the workforce with some tough challenges but, according to researchers, with plenty of optimism. But no matter how lofty the speeches on this year’s commencement circuit may be, the reality is that lots of new grads will land in crappy entry-level jobs–if they’re lucky to find jobs at all.

That means competition for the good ones is going to be steep. So to find out what it takes to get a leg up, Fast Company asked a few recent grads at YouTube, Giphy, and SoundCloud for their advice.

 

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Venture Capital Firms Are Spawning Spin Offs Fortune com

It's fairly normal for successful venture capital pros to spend their careers building up a track record at a larger firm, and then "spin off" with their own firms. Lately, as limited partner interest in venture continues to grow, it feels like just about every partner who isn't listed on their firm's Form ADV is launching their own fund.

Another fairly normal thing: Lots of people who hold the "partner" title at venture capital firms don't actually have decision-making power. For years startup gurus like Paul Graham have told young founders not to waste time talking to venture associates. So now some firms give their associates the "external" title of partner.

Image: http://fortune.com

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Imagine having a wearable that is capable of warning you when you are about to start a fight and can provide you with alternate behavioral solutions. The study of biometric data in prediction models for human behavior is an interesting peek inside what the future of wearables may be like.

Image: http://readwrite.com/ 

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clock

Spencer Glendon is a very impressive guy. He was a Fulbright Scholar, earned a PhD in economics from Harvard, helped charities on the South Side of Chicago, and is currently a partner at one of the biggest money management funds in Massachusetts.

While doing these things, he was almost always extremely ill. In high school, Glendon suffered from chronic ulcerative colitis. This led to serious liver problems, and eventually to a weakened immune system.

 

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