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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.

accelerate

New research highlights some of the most important actions available to executives.

McKinsey research has long demonstrated the wide gap between productivity levels in different countries. Research in 2015, for example, suggested that if the degree of productivity dispersion among the bottom 75 percent of UK firms matched that of Germany, the United Kingdom would be more than £100 billion better off annually as measured by incremental gross value added (GVA).

 

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pizza

In 1959, William Larson sold his parents’ furniture for a down payment on some real estate. He drew up a back-of-a-napkin blueprint, his father built some redwood tables, and a few months later the first Round Table Pizza opened its doors in Menlo Park, California, with an confrontational motto, “The Last Honest Pizza.”

 

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The U.S. based Consumer Technology Association (CTA)™ has developed an International Innovation Scorecard that identifies the critical areas of national policy that spur innovation, and reveals the areas in which countries may be stunting their own growth and preventing global innovation from blossoming to its full potential. The International Innovation Scorecard grades 38 countries and the European Union across 12 categories. In addition to a number of criteria applied from a U.S. perspective (diversity, etc.), information can be found of whether or not governments are welcoming disruptive technologies, including the sharing economy and self-driving vehicles, how friendly their tax systems are, and how well they protect the environment, as well as issues of perennial importance such as broadband speed and cost.

Image: https://www.clustercollaboration.eu

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Dovetailing off our Top 27 Venture Players report, we’ve put together the 19 largest AEC and real estate venture rounds of the past year. There were plenty of surprises.

Perhaps first and foremost is that our list kicks off with a $4.4 billion solo investment, which is fairly indicative of the sheer scale of funding entering the built industry. Over the past couple of years, we have seen an increasing number of venture funds turning their focus to AEC and real estate tech.

Image: https://builtworlds.com

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family

Running a business and having kids are both full-time jobs. This pairing can certainly strain one’s sanity and schedule; however, many entrepreneurs feel that the choice to be their own boss gives them more time with their family, not less . Further, it’s an especially attractive option for women who feel blocked by the “maternal wall” they encounter in corporate America--which can mean inflexibility in many traditional career paths.

 

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bitcoin

All things crypto were hot in 2017. ICOs (initial coin offerings), especially, gained tremendous popularity and became the preferred funding method for many investors and startups. More than $5 billion was poured into ICOs last year.

Startups love ICOs because they ease some of the limitations of venture capital funding, notably the intense competition. ICOs have opened up a whole new segment of investors by becoming accessible to everyone, including retail investors. But ICOs have their limitations, a primary one being that very few of them will actually succeed.

 

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AngelMD logo

SEATTLE, Feb. 2, 2018 – AngelMD announced that it has added Michael Raymer as Chief Strategy Officer. In this role, Raymer will be responsible for the planning, organization and execution of product strategies that are critical to AngelMD’s continued growth and success.

Raymer joins the company after having held global leadership positions across healthcare, information technology, medical devices and therapeutic diagnostics companies. He played an integral part at Microsoft for the company’s launch of its consumer health platform and ecosystem, branded HealthVault. He was also instrumental in the company’s launch of the Amalga suite of products for health systems and life science corporations.

 

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The first test flight of Falcon Heavy is now targeted for Tuesday, Feb. 6th at 3:45 PM ET from Launch Complex 39A at Kennedy Space Center in Florida. Teams are watching upper level wind shear and will continue to update as information becomes available.

When Falcon Heavy lifts off, it will be the most powerful operational rocket in the world by a factor of two. With the ability to lift into orbit nearly 64 metric tons (141,000 lb)---a mass greater than a 737 jetliner loaded with passengers, crew, luggage and fuel--Falcon Heavy can lift more than twice the payload of the next closest operational vehicle, the Delta IV Heavy, at one-third the cost.

 

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meeting

We need a new bill of rights to absorb the changes brought about by the gig economy, or using apps and websites to arrange casual jobs, which are now spreading to other areas of work, according to an international labour expert speaking at a conference on the future of work.

‘We need a new charter or bill of workers’ rights, which includes a whole lot of new rights that weren’t envisaged in the middle of the 20th century,’ said Ursula Huws, professor of labour and globalisation at the University of Hertfordshire, UK.

 

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As an active angel investor, I’m accustomed to hearing entrepreneurs pitch their expectation to quickly create a new dominant brand, based on their disruptive technology. In the past, such statements have been credibility red flags, since “everyone” knows that a dominant brand takes decades to establish and scale. Only recently, I realized that times are rapidly changing.

Most of you probably recognize the brand names AirBnB, Instagram, and Slack, all of which are less than ten years old. These are companies that not only have a familiar brand, but carry from five to 35 billion dollar valuations. Of course, in a world which spawns over a half million startups every month, these accomplishments are very rare, but they are happening like never before.

Image: http://blog.startupprofessionals.com

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Top life science companies perform cutting-edge research and make transformational discoveries throughout the County from the I-270 corridor of Gaithersburg and Germantown to White Oak. Add in the federal presence of the NIH and FDA, along with top talent, and tap into our strong momentum for BioHealth success. The business models vary yet our companies have important assets in common: a commitment to diversity of people, places and ideas and a spirit of innovation. Meet some of our impressive CEOs and company heads that showcase life science excellence in the County in our Think Success video series.

Image: https://mailchi.mp

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At Google, some employees use a tool that restricts time spent on e-mail. A senior Apple executive said his wife used a device that sets iPhone and iPad limits for their children. Members of a venture capital firm meditate before phone-free quarterly meetings. Slava Rubin, co-founder of crowdfunding site Indiegogo, has a strict no-screen policy for gatherings and adopted a similar rule for his bedroom.

“Literally, the only electricity we use is one lamp,” he says.

Image: https://techcentral.co.za

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