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.
Grow Fast or Die Slow
McKinsey & Company: Insights & Publications
Software and online services are in a period of dizzying growth. Year-old companies are turning down billion-dollar buyouts in the hopes of multibillions in a few months. But we have seen similar industry phases before, and they have often ended with growth and valuations fizzling out. The industry’s booms and busts make growth, an essential ingredient in value creation, difficult to understand. To date, little empirical work has been done on the importance of revenue growth for software and Internet-services companies or how to find new sources of growth when old ones run out.
Entrepreneurship in Germany
"Silicon Allee," Berlin's burgeoning tech scene, has become a global hotbed for start-ups. Revenue from IT, the city's fastest growing sector, rose 20 percent last year to €2.2 billion, according to Investitionsbank Berlin. Cheap rent, an affordable infrastructure, and a creative culture have attracted young entrepreneurs and developers with ambitious start-up ideas to partake in the city's thriving digital landscape.
The Best Jobs Of 2014: Lots Of Math, Data And Code
Hate to break it to you, but if you want one of the best jobs you'll have to learn how to code. Or do complex math. Or decipher data. Or all of the above. For those that already have these skills, your bank balance probably shows it. According to CareerCast's "Best Jobs of 2014" report, employers are paying big bucks to lure employees that understand data, code and math (which really translates to "data analytics"). In fact, jobs that depend on these geeky skills comprise half of the top 10 jobs of 2014.
Why Computer Science is Stanford's Top Major, In Two Charts
You know what’s cooler than getting a degree at Stanford? Getting a job. A new Georgetown University report finds that of the 1.9 million job openings posted online, “application software developer is the most in-demand occupation overall” with 125,000 jobs. Right now, STEM jobs are roughly 28 percent of total online job openings.
The Best Cities for Jobs: 2014
As the recovery from the Great Recession stretches into its fifth year, the locus of economic momentum has shifted. In the early years of the recession, the cities that created the most jobs — sometimes the only ones — were either government- or military-dominated (Washington, D.C.; Kileen-Temple-Fort Hood, Texas), or were powered by the energy boom in Texas, Oklahoma and the northern Great Plains.
Kirk Named to Head EDA's Office of Innovation and Entrepreneurship
This Week in Entrepreneurship Policy