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.
4 Countries That Are Leaving Silicon Valley In Their Tracks
Fast Company | Business + Innovation
Every few months there seems to be another region somewhere in the world that claims to be the next Silicon Valley. Sometimes the new high-tech hub is hyped up, but other times, it’s evident that there’s something special brewing. These countries have digitized governments that will put our Healthcare.gov problems to shame, fast broadband Internet speeds beyond comparison, and instead of hookup apps, you’ll see innovations in energy alternatives. These are exactly the reasons why America’s magical tech land should keep its eyes on the countries below.
Sam Altman (Reluctantly) Says Y Combinator Has Accelerator Monopoly
If you think Y Combinator dominates the world of the startup accelerators, YC President Sam Altman agrees with you. In an on-stage interview at TechCrunch’s Disrupt New York conference, TechCrunch founder Michael Arrington said he was trying to get something controversial from Altman, so he asked whether YC sucks “99.9 percent of oxygen out of the accelerator ecosystem.”
New Bill Could Finally Fix Crowdfunding
Representative Patrick McHenry (R-NC) this week introduced the Equity Crowdfunding Improvement Act of 2014. In the bill, McHenry aims to strike the proper balance between taking out too much of what some might consider smart investor protections, like online intermediaries, while reducing some of the bureaucracy, like annual audits and compliance reports.
Why Nonprofits Are Replicating the Startup Model
The Beespace office feels spare and minimalistic, located in the Chelsea neighborhood of New York City. Painted pipes and girders line the warehouse-like ceiling. Coworking areas and "flex spaces" scatter across the open floor plan. The small kitchen doubles as a printing area. Six large tables extend along the far wall, each with a whiteboard divider to scrawl new and exciting ideas.
How Johns Hopkins University Wants To Be Baltimore's Innovation Leader
For the 34th straight year, Hopkins is number one when it comes to receiving research funding from the federal government. What made it remarkable is that — for many years and despite Hopkins’ overall prowess in reach, infrastructure and spending capabilities — Daniels’ university has lagged behind many other top-tier U.S. universities in helping build its local innovation economy through the commercialization of technology thought up in university labs and developed by its own faculty, students and researchers.
A Way of Life in Medellín
This Week in Entrepreneurship Policy