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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 seahorse head's shape helps the fish stealthily ambush prey, researchers say.

Seahorses are unique among fish for having bent necks and long-snouted heads that make them resemble horses. The overall shape of their body, including the lack of a tail fin, helps make them "one of the slowest swimmers on the planet," said Brad Gemmell, a marine biologist at the University of Texas at Austin. "They don't swim very much — they tend to anchor themselves to surfaces like seagrass with their prehensile tails." (Prehensile tails, like those of monkeys, can grasp items.)

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Imagine sailing in the World Cup race without a strategic plan or a map. It is a sport where speed is of the essence, decisions (and perhaps more importantly the timing of those decisions) are paramount, and team talents must be optimized at any moment. With competitors abound displaying their impressive spinnakers and advanced technology–only the risk takers advance. The will to win is apparent, yet without a strategy and a map, a team would drift into execution mode and lose the race.

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A t the SelectUSA Investment Summit in Washington, D.C., this fall, a panel discussion on partnering with US universities featured Georgia Tech President Bud Peterson and University of Maryland Vice President and Chief Research Officer Patrick O'Shea, who set the stage.

"The US has had the best higher education system in the world for as long as anyone can remember," said Peterson, noting the nation's responsibility for nearly 28 percent of all R&D expenditure. "But that gap is closing."

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A report from The New York Times The Dealbook said business development companies are now gaining ground. These companies reportedly have been around for a lot of years, but their popularity has surged just recently. According to the report, there are over 40 business development companies that operate today, with assets amounting to USD 40 billion and market capitalization of USD 25 billion.

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Ireland is found to be a new haven for entrepreneurs in terms of technology investments, according to a research by financial information firm Dow Jones & Company. 

The Irish Independent, citing figures compiled by Dow Jones' VentureSource, said the country attracted four times as much venture capital funding per capita as the European average. Ireland has also attracted a whooping 650 times as much venture financing per capita as bottom-ranked Bulgaria, the report said.

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The first step towards crowning the S. Korean government’s creative economy agenda is to achieve an organic combination of the public (crowd) and platforms for finance, consumption & distribution, technology and education.

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How old one feels—one’s subjective age—has been shown to predict important psychological and health outcomes. The current studies examined the effect of taking a standard memory test on older adults’ subjective age. Study 1 showed that older adults felt older after taking a standard neuropsychological screening test and participating in a free-recall experiment than they felt at baseline. Study 2 showed that the effect was selective to older adults: Younger adults’ subjective age was not affected by participating in the memory experiment. Study 3 showed that the subjective-aging effect was specific to memory, as taking a vocabulary test for a similar amount of time did not affect older adults’ subjective age. Finally, Study 4 showed that simply expecting to take a memory test subjectively aged older adults. The results indicate that being in a memory-testing context affects older adults’ self-perception by making them feel older.

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Even though the people in your unit are overstretched, scarred by the budget ax, and sick to death of change, you’re about to present them with a wrenching new challenge.

It’s your job to get them excited about it. What’s your plan?

I have a story about just such a situation, and, oddly enough, a dress made out of birdseed figures prominently in it. But before I get into that, consider how prevalent this situation is—how often you’ve had to go to your change-weary employees and ask them to dig deep yet again.

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Nearly every prospective Chinese employee who I met with in the 1990s shot out the following sentence once — if not multiple times — during their job interviews:

“I will do my best!”

Young people were extremely eager to work for multinationals, to be associated with famous brand names, and to learn from the best companies in the world.

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According to the consensus, traditional Chinese medicine (TCM) will fall in popularity as young people grow up and demand chemical medicines.

But Morgan Stanley's Bin Li disagrees.

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One of the things that we love here at ProfHacker is our music. We’ve had posts about using music to inspire student thinking; a discussion about the music you teach with; coverage of how Jog.fm can help you create a playlist to run with; a review of Your Playlist Can Change Your Life; and, of course, Jason’s love of all things Hold Steady. My own passion for music—both listening and playing—led to my completing a music major in college and seriously considering graduate school in musicology. (I wanted to plumb the depths of Steve Reich’s compositions.)

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There's nothing like a global economic crisis to bring the world together. Devastating economic events that started in the late 2000s showed the world, once again, that the welfare of one nation is linked to the welfare of others.

Long understood to be the engine of the U.S. economy, the world is now embracing entrepreneurship as one of the primary means of building a long-term recovery. From Albania to Angola, Kyrgyzstan to Kosovo, Canada to Costa Rica and beyond, nations are seeking ways to educate, promote and support founders and to help them grow their companies. This is an exciting, evolutionary development happening right before our eyes.

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Some days you’re on fire. And some days, you’re not. Every time you try to crank out a report, you wind up on Facebook. You haven’t heard back from anyone whose input is necessary for a project. You have a million things to do but you aren’t doing any of them.

Should you just write the day off?

If you want to take a break, go for it. Breaks are productive! But if you’re determined to get things done, snatching your day from the jaws of non-productivity is possible. The key insight is that progress--of any sort--is surprisingly motivational. Generate some progress, and you want to make more progress. Here’s how to get the

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Failed actors rarely give career advice. "The advice business is a monopoly run by survivors," writes David McRaney of You Are Not So Smart. The chefs who failed don't have a line out the door of their restaurant. The entrepreneurs who launched, failed, and didn't try again don't end up on the cover of Fast Company.

To McRaney, the problem with the stories of the super productive, super creative, and super successful is that they miss half the equation:

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One of the last things state and local officials want to hear around election time is “It’s the economy, stupid.” To avoid that dread fate, officeholders generally strive to do pretty much anything they can to keep jobs in their districts. At the top of the list: Encouraging big employers to stay in town while persuading new ones to move in — “chasing smokestacks,” as it has been called. Governments end up bidding against each other to attract large firms, and as a 2010 study from MIT, Harvard and U.C. Berkeley shows, the result can be a zero-sum game, with winners and losers.

 

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Happy Thanksgiving from the Rich Bendis Innovation America Team!!

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20 Things You Should Say to Make the World a Better Place

If you can't think of something nice to say, Kid President has you covered.

The Internet's brightest superstar shares 20 phrases we should say more often to make the world a brighter place.

SEE ALSO: 18 Drawings You'll Swear Are Actual Photographs

So make the world more awesome today with a simple "you can do it." It's free (save for a pack of corn dogs, maybe.)

 

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