Rainforest Rev: What if Entrepreneurship Isn’t the Only Answer?Posted: December 30, 2014
Wednesday is an important deadline for joining Global Innovation Summit + Week
Wednesday, December 31 is your last chance for two things! It’s the final early bird discount for the Global Innovation Summit. Register here before prices go up. It’s also the last day to apply for the Rainforest Recognitions, the world’s first innovation ecosystem awards. Apply here! We hope you can join us.
SUMMIT: FEBRUARY 17-19 | WEEK: FEBRUARY 15-21
THE BIG PICTURE
By Mark Newberg, President of T2 Venture Creation, from The Huffington Post
The demand for jobs will require not only teaching entrepreneurship, but also intrapreneurship, equipping students to create interesting growth opportunities within existing organizations. Read more here.
Columbia Business School
Entrepreneurs are often surprised to find that new technologies spread slowly within industries. Professor Amit Khandelwal looked closely at soccer-ball manufacturing in Pakistan. He found out there are many potentially profitable technologies out there, but firms have to allow workers to share the benefits. Read more here.
When there is a solution to an unsolved problem, there is happiness and relief in realizing that your efforts have succeeded. The love for your work increases further by having solved a challenge and thus the love for the person who helped you solve the challenge increases. Read more here.
The underlying assumption is that venture capital plays an important role in creating innovation and success — ultimately driving economic growth and employment and other things governments care about. The research does show the effect of VC investment on company performance. Read more here.
Some of the most innovative work places in 2014 inspire us to be more creative at work. We find out why the Danish workers are so happy compared to their American counterparts. Or at Brooklyn Boulders Somerville, workers can take a break on a climbing wall when they’re feeling antsy. Read more here.
THE LATEST NEWS
Australia and Ireland are both small markets and tend to be outward looking. The differences are Dublin is low cost and Australia is high cost. As a member of the European Union, Ireland has a large number of successful startups based there and many skilled workers. Read more here.
The Washington Post
The current trends suggest that the uniquely American system of innovation, in which innovation is so geographically diverse and spread out across so many hubs, is about to sustain a major challenge from the relentless pace of urbanization around the world. Read more here.
The program mobilized leading scientists to tackle some of the toughest problems in global health. Only 20 percent are on track to have a real-world impact. Critics say projects demonstrate the foundation’s continuing emphasis on technological fixes, rather than on the social and political roots of poverty and disease. Some programs were not translational. Read more here.
We seek the world’s top companies and organizations that enable the super-linear growth of the ecosystems around them. They must catalyze the ideals of connectivity, openness, diversity, and trust that are essential to the innovation process. They must nurture the success of others. Rather than a simple “Best Of” list, where one focuses solely on the entity itself, we are looking at what the entity does to catalyze more activity around itself. We seek to reward those entities that create multiplier effects beyond themselves, that catalyze the growth of entire ecosystems.
Applications will be evaluated based on the following criteria:
- Connections: does the company/organization connect people that are otherwise disconnected in meaningful, productive ways?
- Platform: does the company/organization lower the cost of doing business across an entire system?
- Culture: does the company/organization foster trust in the community, industry or society?
- Motivations: does the company/organization demonstrate social responsibility or sustainable, systematic impact?
- Team: how does the company/organization collaborate with employees, advisors, suppliers, distributors and other partners?