Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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.

NewImage

Our country’s technological and economic leadership is at risk as U.S. innovation capabilities have stagnated while those of other nations have advanced.

Since 2008, the number of foreign-origin patents that the U.S. Patent and Trademark Office has granted annually has surpassed the number of domestic-origin patents. And between 1999 and 2009, the U.S. share of global research and development spending dropped, while the share of Asia as a whole rose and exceeded the U.S. share in 2009.

 

Read more ...

http://www.freedigitalphotos.net/images/Boats_and_Ships_g73-Engine_Boat_p93981.html

Michael Dell and a handful of other technology CEOs talked entrepreneurship in a panel during South By Southwest Interactive’s opening day Friday. It’s a topic that Dell has touched on repeatedly — branding his Round Rock-based company as a champion of startups and innovation — as Dell Inc. transitions from building computers to providing technology services to business.

Image Courtesy of 9comeback / FreeDigitalPhotos.net

Read more ...

http://www.freedigitalphotos.net/images/Gestures_g185-Young_Woman_Showing_Thumb_Up_p102312.html

According to The Beatles, money can't buy you love. According to the Bible, the love of money is the root of all evil. But according to Glassdoor, a billion dollars can actually buy a decent amount of employee happiness.

Looking through The Wall Street Journal's "billion-dollar startup club," employees tend to rank their employers higher the more valuable their companies are—or, perhaps, the more ambitious their companies are.

image: http://www.freedigitalphotos.net 

Read more ...

NewImage

A forthcoming center for entrepreneurs aims to help focus New York University’s efforts to help startups.

There are lots of programs at NYU, including incubators and the last week’s entrepreneurial festival, designed to help founders build their ideas into businesses. But coordinating such resources when they’re spread across a large university can be a bit daunting. “It’s often hard to find a place for students from all 15 colleges to collaborate,” says Frank Rimalovski, executive director of the NYU Entrepreneurial Institute.

Image: http://www.xconomy.com 

Read more ...

DBC Logo

Although it has been around for a while now, some entrepreneurs still don't understand exactly what BDC Venture Capital's convertible note program. This guide is here to aid them.

There are more than 100 startup accelerators in Canada by current estimates. However, only six qualify for BDC Venture Capital's convertible note program, which offers $150,000 convertible notes to select graduates of Canada's top-rated accelerators. Those six are FounderFuel, Communitech Hyperdrive, Extreme Startups, GrowLab, Launch36, and Execution labs.

 

Read more ...

How to Become a Successful Entrepreneur Video Bloomberg

Companies that are creating jobs.

The vast majority of the jobs are created by small new companies.

These companies have some dynamic innovation.

It is the small companies, it is an innovation economy.

Innovation is more the purview of small companies.

They have to have some fundamentally strong innovation underlying them.

This has been the purview of entrepreneurial ventures for a long time.

 

Read more ...

http://www.freedigitalphotos.net/images/Money_g61-Make_Money_p56242.html

Along with the Johns Hopkins University's distinction for its nation-leading haul of federal research dollars comes another for charging the government more for utilities, administrative staff and real estate than any other institution.

The federal government spent nearly $172 million in its 2012 fiscal year to reimburse the university for so-called overhead expenses associated with nearly $646 million of federally sponsored research. Both of those figures led the nation that year.

image: http://www.freedigitalphotos.net 

Read more ...

Magnet

Having a great, defensible business idea in a scalable market is only part of the puzzle to attracting venture capital. A more important part is having a backable management team that can pull off the execution of the plan. Below are the top traits venture capitalists desire in their startup founders:

Domain expertise in industry or function. How many years of experience do you have? In what roles did you operate that were relevant to your new business? Or, for tactical positions, such as chief marketing or technology officers, what other roles have you had in the past, and were they relevant for a startup in this industry?

image: http://www.freedigitalphotos.net 

Read more ...

NewImage

Most of the entrepreneurs I know realize they have some bad habits, like maybe procrastination or not listening well, so they focus on dropping these. New studies indicate that a more productive approach would be adopting new good habits and behaviors that clearly move your business forward, like good time management and implementing customer recommendations.

These two approaches may sound similar, but actually require different skill sets. For example, learning to stop smoking may leave you with a gap to fill, but finding activities that remove your urge to smoke really gets you where you want to be. I

 

Read more ...

Which States Have Recovered the Most Lost Jobs?

These days, it’s easy for geographical lines to be blurred when it comes to your business. Countless small business owners work with virtual teams, partners, clients, and customers they’ve never actually met in person. This new reality can make it even more confusing to know if you’re conducting business in multiple states. Are you unknowingly running afoul of state law by operating without registering? Here, we’ll break down all the details about when you need to register your business in another state and when you don’t.

 

Read more ...

Innovation America Exclusive

By Dr. Janice Presser, CEO, The Gabriel Institute, architect of technology that measures Teamability®

The near-complete annihilation of privacy can be a terrible thing. But when it happens between two people, the result is an extraordinary reward called ‘falling in love.’ So why, then, are we seeing such an uproar about something that – under the right circumstances – we are so willing to surrender?

Read more ...

http://www.freedigitalphotos.net/images/Finance_g198-Dollar_Sign_p16392.html

Debt isn’t always a dirty word in the world of startups.

Yesterday I heard John Hoesley from Silicon Valley Bank give a brief presentation on venture debt as a funding mechanism for startups at a capital connections event hosted by BioOhio. He mentioned that SVB has seen an uptick in its venture debt business over the last few years as venture capital dollars have become more scarce and companies have turned to alternative sources of funding.

Image: http://www.freedigitalphotos.net

Read more ...

http://www.freedigitalphotos.net/images/Other_Business_Conce_g200-Businessmen_Shaking_Hands_p39099.html

When you’re fresh out of college or want to work for yourself, starting a business and partnering up with someone is the exciting way to go. Going into business with someone can feel very similar to falling in love. Everything seems beyond fantastic, you’re elated with joy and nothing seems impossible. A business relationship isn’t dating though; it’s a totally different relationship, but with comparable similarities. If you feel you started a business relationship with the wrong person, here are some warning signs that you should take into consideration before going out on your own.

Image Courtesy of sheelamohan / FreeDigitalPhotos.net

Read more ...

new york city

Is New York City ready to contest in high-tech against Silicon Valley? Fuggedaboutit.

Gotham is so far behind in every conceivable measurement — from engineering prowess to employment and venture funding — that even the idea is somewhat ludicrous.

Image: http://www.freedigitalphotos.net

Read more ...

http://www.freedigitalphotos.net/images/woman-reading-a-book-photo-p210094

When we read, our eyes move across a page or a screen to digest the words. All of that eye movement slows us down, but a new technology called Spritz claims to have figured out a way to turn us into speed-readers. By flashing words onto a single point on a screen, much like watching TV, Spritz says it will double your reading speed.

Image Courtesy of Naypong / FreeDigitalPhotos.net

Read more ...