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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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The cost of hiring a freelance developer for your business could still vary considerably. A new survey says the cost of a developer — like an expert specializing in Javascript, for example — could vary by as much as $30 per hour depending on where in the world they live. The gap is even larger when looking at averages from city to city. The latest survey by CodementorX, an online developer network,  breaks down the cost of freelance developers around the world for 2017 based on location, technology stack, and experience so small businesses can find the best bargain.

Image: https://smallbiztrends.com

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Aspiring entrepreneurs and new business owners often ask me for a secret formula for success, and they seem surprised when I tell them there isn’t one. In my experience, every new business is best handled as a series of experiments, from which smart founders learn a winning strategy, after some mistakes. In fact, that culture of learning as you go is my secret to business success.

Image: http://blog.startupprofessionals.com

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tdf

Collaboration is a key theme in the success of any innovation ecosystem. Collaboration across industry, university and government all contribute to the development and prosperity of a city, region or nation. But cross border-collaboration between hubs is also important, and it was very evident in the recent London Tech Week event that took place in London, UK.

During this week, I met with government representatives and trade delegations from the USA, Brazil, India, China, Turkey, Costa Rica, Mexico, Uruguay, Canada, Middle East and North Africa, South Africa, Singapore and many more. There was certainly plenty of talk of collaboration, partnerships and business between all.

Image: http://www.thenextsiliconvalley.com

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change

On a recent visit to a former client’s workplace I noticed a poster entitled “I’m Not Changing!” I’d seen it elsewhere, and I’m sure you’ve seen it as well, or something like it. This time it gave me pause, perhaps because we’re now starting the second half of the year, and calendar milestones tend to trigger the “fresh start” effect. We stop, take a breath, reflect, and start anew.

 

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question

American leadership in technology innovation and economic competitiveness is at risk if U.S. policymakers don’t take crucial steps to protect the country’s digital future. The country that gave the world the internet and the very concept of the disruptive startup could find its role in the global innovation economy slipping from reigning incumbent to a disrupted has-been.

 

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ANDREA HUSPENI

Turning a startup dream into a full-fledged business is no walk in the park. It takes an amazing product-market fit, a solid team and the kind of charisma that can move mountains. Oh, and luck never hurts either.

Better understanding the unique formula that helps companies grow is at the heart of Masters of Scale, a podcast hosted by Reid Hoffman, a LinkedIn co-founder and partner at Greylock. In each episode, Hoffman chats with big-name leaders such as Mark Zuckerberg, Sheryl Sandberg, and Brian Chesky to explore what went right -- and wrong -- with their companies.

 

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How to organize a hackathon event for innovation

In the past few years we organized several successful hackathons for various Fortune500 companies. Collected from our experience, we have the golden rules and no-goes for you to organize a fruitful event, resulting in implementable projects and an inspired team.

When you hear "hackathon", what do you imagine?

Image: https://blog.be-novative.com 

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The above chart actually understates how lousy official US productivity numbers have been in recent years. Since the Great Recession, productivity has pretty much flatlined, up just 0.5% annually.

But how do you sync those numbers with what’s been happening in Silicon Valley? One theory is that we’ve been mismeasuring the digital economy and thus overall productivity and economic growth. I’ve written much about the version of this argument coming from Goldman Sachs. Yet respected new research from both the San Francisco Fed and the University of Chicago make a strong case that mismeasurement cannot explain the productivity slowdown.

Image: https://www.aei.org 

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JOY-ANN REID

This week, Garry Kasparov, former Russian chess champion and perennial critic of Vladimir Putin, tweeted about what autocrats do when caught: “1: Deny, lie, slander accusers. 2: Say it was a misunderstanding. 3. Boast & say ‘What are you going to do about it?’” The day after that tweet, Donald Trump stood on a dais in Paris beside the French president and said of his son’s now-confirmed willingness to receive campaign help for his father from Russia: “I think it’s a meeting that most people in politics probably would have taken.”

 

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books

Leaders of some of the world’s biggest organizations share which books will keep them occupied in the weeks ahead.

Whether you’re heading to a Northern-hemisphere beach or hunkering down for a Southern-hemisphere winter, take inspiration from this eclectic and inspiring mix of fiction and nonfiction books, dog-eared and new. Find picks from Microsoft’s Satya Nadella, the Dow Chemical Company’s Andrew Liveris, Maria Ramos of Barclays Africa Group, and General Sir Nick Carter, head of the British Army, among others.

 

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As its economy bounced back from the Great Recession, California emerged as a progressive role model, with New York Times columnist Paul Krugman arguing that the state’s “success” was proof of the superiority of a high tax, high regulation economy. Some have even embraced the notion that California should secede to form its own more perfect union.

Image: http://www.newgeography.com 

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meeting

The most successful large organizations never forget their startup roots. Instead, they find ways to preserve their entrepreneurial mindset, even in the face of growing scale and maturity. I’m honored to work for Comcast, which is such a company, surrounded by leaders who are driven by a collective passion to create innovative experiences that change customers’ relationship with technology.

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