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Open-source News at the Guardian

Open-source News at the Guardian

Oct-19-11 By Aminda
Crowdsourced journalism is no longer cutting edge but this month the Guardian UK announced plans to take user involvement to a new level. The newspaper is opening up their news desk, making public a live account of the daily newslist kept by editors. Visitors are given a glimpse into the scheduled announcements, events and speeches that make up the news day.
Next Generation “Green” Technologies

Next Generation “Green” Technologies

Oct-18-11 By Aminda
GE Sponsored txchnologist.com has recently spotlighted some interesting advancements energy-saving technologies.

Electric Windows

While the technology has been available for a couple of decades, a new commitment to high-volume manufacturing will soon make accessible the color-changing glass used to produce smart windows. Smart windows let in the sun to help heat rooms when it’s cold outside and also block the visible and near-infrared light that can overheat houses in the summer. They can also reduce the need for electric lighting during daytime and partially eliminate the need for shades and blinds.
New Network for Innovation Professionals

New Network for Innovation Professionals

Oct-17-11 By Aminda
Co-creation professionals now have their own place in cyberspace to talk about the industry and build new business opportunities together. On October 6, the Co-Creation Forum launched a social network offering executives more opportunities to engage in dialogue with each other. Professionals can use the moderated private network to build regional chapters and networking groups, post news and messages, and send instant messages to other members, among other things.
The Data Dilemma

The Data Dilemma

Oct-14-11 By Aminda
A recent post looked at the many opportunities available to firms who capitalize on the abundance and ease of data. To maximize these efforts, firms must also learn how to maintain control over quality and value.

Accuracy of data

An article on a digital media industry site points out that in the world of big data, cooking the data is the new cooking the books. As the barriers to obtaining data fall, the new challenge is getting real data. Statistics can be counter-intuitive and inaccurate analysis may be difficult to spot. As more and more people jump into the game, the chance of errors increases. Forward thinking minds are needed to solve the dilemma of how to keep data both open and transparent yet accurate, perhaps through legal or industry-specific regulation.
The Benefits of Big Data

The Benefits of Big Data

Oct-13-11 By Aminda
Thomson Reuters has posted the transcript of a thought-provoking presentation by Russian investor Yuri Milner.

Milner begins with an example of how quickly the internet has changed how the world operates. It has taken two days, he says, to create an amount of information equal to all information generated by mankind, beginning with the first cave drawings, in the 30,000 years prior to 2003. Ten years from now, that same amount of information will be generated in only one hour.
Don’t Give Up on Openness

Don’t Give Up on Openness

Oct-12-11 By Aminda
A recent study from the Warwick School of Business explores the benefit of open innovation; specifically how firms learn from prior openness.

The report explores how learning from openness enables firms to be ‘better’ at open innovation, i.e. to generate more innovation outputs from any given level of openness. It found that the accumulation of innovative practices has a positive effect. A heartening finding for organizations that may be facing resistance or a steep learning curve from a venture into open innovation.
Real Results from the Crowd?

Real Results from the Crowd?

Oct-10-11 By Aminda
Plenty has been written about the benefits of crowdsourcing an article on Socialmediatoday.com outlines several of those benefits. Perhaps most interesting are those that can make money or save money for a business.

For example, businesses have utilized crowdsourcing to successfully identify a void in the market and creating a brand new market out of it. Then, once those customers have been identified, social media provides a platform for engagement, identification of their needs and to for calculating a business’ ROI. Through campaigns, competitions and prizes, publicity, and additional customers, can be generated. Anyone doubting the potential business benefit of crowdsourcing need only look to the success of Yelp.
Tribute to a True Innovator

Tribute to a True Innovator

Oct-07-11 By Aminda
This week the world mourns the loss of Steve Jobs, one of the most dedicated innovators of our time. In recognition, a compilation of his quotes on innovation has been assembled:

Innovation distinguishes between a leader and a follower.
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Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.

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No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new.
Support for Sustainable Business

Support for Sustainable Business

Oct-05-11 By Aminda
The Maldives, which recently put out a call to global energy experts to help refine the nation’s renewable energy plan, has many examples to follow when it comes to environmental innovation. The Environmental Defense Fund is one. The EDF is not only a leader in using innovation for its own initiatives but also for encouraging and supporting businesses and nonprofits to capitalize on open innovation to solve sustainability challenges.
Maldives Seeks Assistance with Renewable Energy Plan

Maldives Seeks Assistance with Renewable Energy Plan

Oct-04-11 By Aminda
Reaction was mixed to the announcement that The Maldives, an island nation in the Indian Ocean has become the first country to crowdsource its renewable energy plan.

Comments reacting to a story on a national news site ranged from an optimistic “I applaud the Government for releasing and requesting comments on this. Wish they had done this sooner!” to a more skeptical “If the Government needs the whole world to help with an investment framework the President should immediately fire his energy advisor.”

According to the article, the nation aims to cut emissions by 60 percent before 2020 and the plan suggests that up to 80 percent of the electricity island communities use could be derived from renewable energy, without the cost of energy increasing.  

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