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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.

ROSS ISLAND, Antarctica — Cape Royds, home to the southernmost colony of penguins in the world, is a rocky promontory overlaid with dirty ice and the stench of pinkish guano. Beyond the croaking din of chicks pestering parents for regurgitated krill lies the Ross Sea, a southern extension of the Pacific Ocean that harbors more than one-third of the world’s Adélie penguin population and a quarter of all emperor penguins, and which may be the last remaining intact marine ecosystem on Earth.

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Key concepts
Density
Body composition
Muscle and fat

From National Science Education Standards: Characteristics of organisms

Introduction
Your body has a lot of different kinds of materials in it. There are, of course, bone, blood, fat and muscle—just to name a few.

But all of these parts are hidden away under our skin, so how can we learn more about some of their qualities? Animals have a lot of the same insides as we do, so we can learn some interesting things about our bodies by studying something as basic as meat you can buy at the store. One easy and fun test to do is examining whether substances float in water—which tells us how buoyant they are. More about buoyancy in a moment.

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Entrepreneurs peak around age 25, according to recent reports. Supposedly young people are more creative and better suited for the tribulations of starting a company.

We bet these 60-plus-year-old founders would beg to differ. Instead of retiring, they started successful companies.

Becoming a late-in-life entrepreneur has its advantages. Americans are living longer than ever before. So why spend decades playing golf in Florida when you could be exploring new passions and making bank?

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The interesting thing about success is that anyone can do it. If you simply do what successful people do, you are inevitably going to be successful. Right? Well, ok, maybe it's not simply a case of follow the leader. However, I can tell you that settling for "good enough" is not the way to succeed.

Those that settle for good enough will regret their decision sooner or later and yearn for more. Good enough is simply never, well, be good enough. We are made for adventure, growth, and facing our fears. We are made to overcome challenges...to win.

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Knight Frank and Citi released their annual Wealth Report in which they compiled a list of the best cities on earth.

The ranking was based on quality of life, political power, economic activity, and knowledge and influence.

Losers in this year's ranking included Cairo, which dropped three, and Istanbul, which dropped two.

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Celiac disease is an autoimmune disease in which the ingestion of gluten induces enteropathy, or inflammation of the gut, in genetically susceptible individuals. This destruction of the gut means that nutrients cannot be absorbed, leading to a variety of clinical symptoms: anemia due to the lack of iron, atherosclerosis due to the lack of calcium, failure to thrive in children, and GI stress, among others.

Gluten is the primary protein component of wheat – it is what gives breads their delicious chewy texture. The only known cure for celiac disease is complete elimination of gluten from the diet – so no pizza, bagels, pasta, pancakes, waffles, doughnuts, cookies, soy sauce (it has wheat in it), licorice (ditto) … you get the idea. Even communion wafers are verboten.

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We're in the midst of "The Learning Decade," and private-sector executives as well as public-sector officials have embraced the notion that knowledge drives revenue-enhancing innovation at a time when the economy is uncertain and companies need turbo-chargers that can accelerate growth, spark competitiveness, and boost future prospects.

Peter Drucker, the founding father of Corporate Management, said in The Effective Executive that companies need to build brainpower because, in the end, it's more important than manufacturing facilities and financial capabilities.

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Struggling to breathe because of the layer of smog hovering in the atmosphere above you? Alcoa has come up with a potential solution for that most unpleasant of man-made environmental issues: the smog-eating building.

Alcoa's Reynobond with Ecoclean cleans both itself and the air around it, by decomposing smog, dirt, diesel fumes, and all the other nasty pollutants that hover around building surfaces. Alcoa claims that 10,000 square feet of the panels have the equivalent air-cleansing power of 80 trees. No need for trees when you have buildings that eat smog!

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This year’s survey of the best cities for jobs contains one particularly promising piece of news: the revival of the country’s long distressed industrial sector and those regions most dependent on it. Manufacturing has grown consistently over the past 21 months, and now, for the first time in years, according to data mined by Pepperdine University’s Michael Shires, manufacturing regions are beginning to move up on our list of best cities for jobs.

The fastest-growing industrial areas include four long-suffering Rust Belt cities Anderson, Ind. (No. 4), Youngstown, Ohio (No. 5), Lansing, Mich. (No. 9) and Elkhart-Goshen, Ind. (No. 10). The growth in these and other industrial areas influenced, often dramatically, their overall job rankings. Elkhart, for example, rose 137 places, on our best cities for jobs list; and Lansing moved up 155. Other industrial areas showing huge gains include Niles-Benton Harbor, Mich., up 242 places, Holland-Grand Haven, Mich., (up 172), Grand Rapids, Mich., (up 167) Kokomo Ind., (up 177) ; and Sandusky, Ohio, (up 128).

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The Kansas Bioscience Authority has awarded more than $2 million to Kansas companies working to commercialize innovative bioscience technologies that will improve human and animal health.

The KBA board of directors approved the following investments May 9:

* Kansas City, KS.-based Aptakon, Inc. has been awarded $123,678 to partially match two federal awards to support additional development, scale up and support activities to commercialize proteomic biomarkers. This technology will make affinity reagents for detection of cancer and transcription factors faster and more inexpensively than currently available technologies, such as polyclonal and monoclonal antibodies.

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From my father's blog about wisdom:

The trouble with values is that they are all good.

Most people will swiftly agree with most of the high values of humankind: freedom, happiness, truth, respect, justice, equality, prudence, compassion, courage, modesty, patience, moderation, harmony, industry and so on; but ask them which is the most important and prevailing. You will suddenly find in the pattern the striking differences that tell fascists apart from communists and religious fanatics from tolerant free thinkers.

Bad people have no problem with good values. Irreconcilable opposites are made from the same handful of values representing goodness. It is the weight of each that differs.

The same is true for entrepreneurial values. Everyone but the most psychopathic entrepreneur will agree that a business should treat its employees well, shouldn't waste money, should create value, should generate returns for its shareholders, shouldn't kill people or make them ill, and so on.

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Anne Fisher, author of Fortune's "Ask Annie" column, lists ten little-known secrets about interviewing from career coach David Couper.

1. Interviewers are often not prepared.

Most interviews are conducted by regular employees, not HR managers. Employees are busy; chances are they've squeezed you in without properly reviewing your candidacy. They may not have even seen or printed your resume.

Come prepared with extra copies and fully introduce yourself to catch them up to speed.

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Want to improve the economy? Then demand better broadband. The National Broadband Plan attempts to create a path from broadband policies to economic recovery. Policymakers at all levels of government, though, need to watch municipal efforts such as those in Kansas City, Kan. because it’s at the local level where economic recovery has a fighting chance to ripple out through counties and then states.

Google has said one of its main goals with its gigabit network giveaway is to create a test bed for all kinds of wonderful technology apps, but independent of Google’s intent, expect the municipally owned Kansas City network to also act as a test bed for showing how broadband can jumpstart local economic development. From the outset, Kansas City’s government, civic leaders and stakeholders pursued this deal from the perspective of “What can you do with a gigabit?” to affect various business and personal economic outcomes.

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KANSAS CITY, Mo. (AP) — The first class has graduated from a University of Missouri-Kansas City program that requires students to start a business

The E Scholars Program is run through the Henry W. Bloch School's Institute for Entrepreneurship and Innovation. All students regardless of major may apply if they have an idea for a business. Those who are accepted learn how to write their business plan, take entrepreneurship classes and work with entrepreneurs and business people from the area.

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Albert Einstein was well known for bending conventional paradigms of thought. This served him well and made him one of the most innovative, forward-thinking men of all time. He once asserted, “Common sense is the collection of prejudices acquired by age eighteen.”

Once again, Einstein proposes a thought-provoking idea. Ironically, common sense is both essential and limiting. For this reason, it has a paradoxical relationship to success.

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For various reasons, I have been reading a lot of William James lately. Most recently, I came across his essay, “The Ph.D. octopus” (to be found anthologized in Robert Richardson’s The Heart of William James). The essay is useful not just in itself but as a reminder that contemporary debates often have powerful historical resonances.

To begin with, it serves to remind the reader that there really were–and are–other ways of doing university than the formerly German system now adopted in large parts of the Western world and beyond. The whole apparatus of research paper and monograph, seminar, and Ph.D. which currently rules the roost is but one way of proceeding. Its current pre-eminence seems assured. But commentators are starting to think seriously about ways in which it might become possible to rework what the research university is and how it functions. Whether any university leaders will have the nerve (and the resource) to be able to institutionalize these thoughts is a moot point.

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Skype is all-but confirmed to be acquired by Microsoft for over $8 billion, including debt.

It's a long road for a company founded back in 2003 that went through fundings, acquisitions, divestures, and a postponed IPO. It started in the small country of Estonia with a failed company, and it became a phenomenon that took over the world.

Here's a look at those moments.

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Geo-targetingCompanies get better results from innovation by targeting initiatives at the right places. Given limited time, money, and human resources, here are six areas to focus on:

1. Your Value Drivers: What activities across your business model create the most value? Is it operational or commercial? Who is involved and what departments make it happen? Use a corporate innovation method like S.I.T. to reinvent the value driver as well as the resources that deliver it.

Procter & Gamble innovated an intelligent screening system that scanned coffee beans imported from any part of the world and selected the right proportions of each to create the desired taste. This created a huge operational advantage in producing a distinctive product within a commoditized industry.
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There’s no denying that startup accelerators are now officially in vogue. Whether that is a sign of a bubble (or even a Blubble) or not I will leave to you.

However, today the movement is joined by the Oxygen Accelerator a UK-based investment programme designed to intensively mentor super-early stage startups. The 13-week programme will take applications from around the world, so long as the startup sets up a UK limited company.

The programme is unusual in that it’s offering an “evergreen” loan of £20,000 to start with, in return for a 6% equity stake. In effect this covers the startup’s costs and ‘ramen noodle’ living expenses during the programme (they are working with local athorities to also provide subsidised or free accommodation for teams).

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Q: I heard about an organization in my area called a "business incubator" but didn't know much more. I Googled it and now what I want to know is, how do I get into one? Man, that sounds like a sweet deal. - Mark

A: I love business incubators - they are a great way to both get your business off the ground, as well as being a smart way for a city to spur business development.

Look, we all know that starting a business is difficult. There is a lot to know and do, it is exhausting and expensive, and there are many moving parts. On top of that, as you also know only too well, money is usually tight. How do you balance the financial needs of renting space, hiring staff, building a brand, and launching a business? It's almost like deciding which of your children deserves to be fed - they all need to eat.

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