Month: May 2021

Dr. Mira Ray
May 19, 2021

Every country recognizes the need for more capital investment in small business innovation.  But that's only  the first step.  The need for industry expertise as well as expertise in mentoring and entrepreneurship can help guide new leaders from first pitch through scaling. 

To rebuild manufacturing, the US needs to beef up the Small Business Innovation Research program –

Every country recognizes the need for more capital investment in small business innovation.  But that's only  the first step.  The need for industry expertise as well as expertise in mentoring and entrepreneurshipSBIR’s brilliant design has helped thousands of technology-minded entrepreneurs cross the chasm from research to real products, new markets and venture backing.That is exactly why in 1982 the U.S. Congress established the Small Business Innovation Research (SBIR) program, which, in the words of it[...] - via Sean O'sullivan @ techcrunch.com
Ross Bigelow
May 18, 2021

Business innovation across many industrial sectors is on everyone's mind.  Within technology industries, the experience and leadership of established companies is helping drive new innovation throughout IT.

Council of Canadian Innovators expands to Ontario, Alberta and B.C.

Business innovation across many industrial sectors is on everyone's mind.  Within technology industries, the experience and leadership of established companies is helping drive new innovation throughout“During the economic turmoil of the COVID-19 pandemic, our members have looked to CCI as the leading voice to advocate for policies which support scaling technology companies, and we have been speaking to all levels of government about ways to help high-growth companies access the talent, capital [...] - via Pragya Sehgal @ itbusiness.ca
Dr. Mira Ray
May 13, 2021

A company’s R&D efforts can make or break its success. And online communities focusing on R&D are an excellent way to share ideas and strategies. By leveraging the experience of peers, business leaders and entrepreneurs are better equipped to deploy a cost-effective and value-driven R&D plan. The Dangers of Ineffective R&D Strategies According a study …

5 Online Communities About R&D You Should Join

A company’s R&D efforts can make or break its success. And online communities focusing on R&D are an excellent way to share ideas and strategies. By leveraging the experience of peers, business leaders and entrepreneurs areA company’s R&D efforts can make or break its success. And online communities focusing on R&D are an excellent way to share ideas and strategies. By leveraging the experience of peers, business leaders and entrepreneurs are better equipped to deploy a cost-effective and value-driven R&[...]
May 13, 2021

Its hard enough for entrepreneurs to find the time and the funds for drive the R&D vitals to their company's success.  But don't forget that their may be benefits and credits available in tax codes at the end of the year to help leaders offset these costs.

R&D Tax Credit for Startups

Its hard enough for entrepreneurs to find the time and the funds for drive the R&D vitals to their company's success.  But don't forget that their may be benefits and credits available in tax codes at the end of theHow Pricing Works For qualifying startups, the RD Credit generally works out to 10% of qualified expenses — for example, if you spend $2.5 million on research and development, the credit would offset $250,000 against payroll taxes.Pros: Low cost Uses intelligent technology to do this Takes min[...] - via Joseph Bien-kahn @ abstractops.com
Dr. Mira Ray
May 12, 2021

Innovation can lead to a merging of technologies to create better, faster, and more customer-centric solutions.  Coupled with advancements in IoT and Industry 4.0, business innovation can lead to entirely new products and services whose benefits are greater than the sum of their parts.

How Xiaomi Became an Internet-of-Things Powerhouse

Innovation can lead to a merging of technologies to create better, faster, and more customer-centric solutions.  Coupled with advancements in IoT and Industry 4.0, business innovation can lead to entirely new products andUnlike other smartphone makers, who co-located their stores at the “telecom street” (an area dedicated to telecom stores), Xiaomi set up its stores in locations with high foot traffic, like malls, where its new target consumers were likely to shop.Also, selling a variety of products in the store[...] - via Haiyang Yang @ hbr.org
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