A Look Back at Innovation Daily

Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Below, we take a look at a handful of relevant stories compiled from the last week.

Jumpstarting American Innovation Through Student Research
Forbes
America is embedded in a vast global competition to discover, invent, create, teach, cure, scale, produce, and sell. To succeed, we must leverage students’ college years as a crucial time to build the new pipeline of advanced and agile thinkers our country needs for leadership in a global knowledge economy driven by innovation and ideas, especially in science and technology.

Three Realities About Venture Capital
TechCrunch
This week’s kerfuffle over Yo centered on many facets, but none got more attention than the nascent startup’s $1.2 million in venture capital funding. The reaction to this investment across the web came in several flavors. Founders complained that their own startups created far more value for society than an app that essentially acts as a doorbell, and yet, they had not received any venture capital funding. Another strain of incredulity focused on the investors themselves, who must have either been stupid or crazy to invest in such a “useless” product.

Draper: Divide California Into 6 States
Business Insider
Tim Draper, the founding partner of Draper Fisher Jurvetson (DFJ) venture capital firm, recently won an award from SVForum for being a Silicon Valley visionary at its annual Visionary Awards. Draper used the opportunity to talk about his ballot initiative to divide California into six different states. While it sounds crazy, Draper has been right about a lot of things. He backed companies like Hotmail, Glam, Skype, Baidu, and Overture.com. He believes that the Six Californias initiative is the right way to hold politicians more accountable and to make the state more governable.

Phoenix Tech is Scorching: Now Where Are the VCs?
USA Today
Just a one-hour plane hop from Silicon Valley in California, a growing community of app developers, programmers and entrepreneurs here are trying to get a little more sunshine for their tech ideas. The "Silicon Desert," as locals call it, is thriving, with start-ups taking advantage of the lower cost of living, tight-knit community and talent from one of the nation's largest schools — Arizona State University — to help sprout new tech ideas.

A Fresh Approach to the Business of Tech Transfer
The Irish Times
A fresh approach to the commercialisation of research may be on the way following the recent launch of tech transfer body Knowledge Transfer Ireland. Its head, Dr Alison Campbell, says she wants to try novel approaches to the business of exploiting research, including “easy IP”, in which a company might gain access to a licence for next to nothing with no strings attached. 

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