Rainforest Rev: Five Character Traits Of Innovation Leaders

THE BIG PICTURE


Five Character Traits Of Innovation Leaders

Henry Doss, Chief Strategy Officer of T2 Venture Creation, from Forbes
The most powerful driver of discovery is transparency.  Look around your own organization. Where you see silos, you’ll see information hoards. Work for the love of change and improvement, rather than for what you get for yourself. As a leader of innovation, you may find your concern for the future to be a lonely spot.  Stay there. Read more here.

Using Emergence To Take Social Innovations To Scale

The Berkana Institute 
When separate, local efforts connect with each other as networks, then strengthen as communities of practice, suddenly and surprisingly a new system emerges at a greater level of scale. Emergence is how life creates radical change and takes things to scale. Read more here.

Digital Taylorism

The Economist
Frederick Taylor was the most influential management guru of the early 20th century. His “Principles of Scientific Management” was the first management blockbuster. A modern version of “scientific management” threatens to dehumanise the workplace. Read more here.

From Big Gods To The Big Brother

Cliodynamica
How did humans acquire capacity for cooperation in huge anonymous societies? Ara Norenzayan’s Big Gods: How Religion Transformed Cooperation and Conflict, argues that Big Gods offer the ability to detect and punish immoral behavior. In modern societies we have all-to-real cops, judges, and IRS agents to do the job. Read more here.

THE LATEST NEWS


12th Global Innovation Forum Opens In Daejeon

Korea Times
T2VC’s CEO, Victor Hwang, gave a keynote speech in Korea last week. “Sixty-five percent of startups fail due to people issues. For this reason, there is a need for an evolution of design thinking. Overcome fear with trust. Trust the group you’re with”. Read more here.

Kenya: A startup Nation?

NewAfrican
Kenya’s Ministry of Information and Communication Technology, and its ICT Authority, jointly announced the launch of the Enterprise Kenya initiative – intended to improve the environment for technology entrepreneurs – in a bid to support local innovation and entrepreneurship. Read more here.

India Replaces China As Next Big Frontier For U.S. Tech Companies

The New York Times
India is now the world’s fastest growing major economy. The increasing appeal of India is underscored by India’s prime minister, Narendra Modi’s commitment to technology. Read more here.

To Whom Do Japan’s Most Powerful Turn For Advice? The Sensei Of Seaweed

The Wall Street Journal
The traditional business values in Japan, where long-term success and social cohesion are often favored over short-term profitability. Companies have to keep growing little by little, even if the pace is slow, rather than expanding and contracting erratically. Read more here.


Rainforest Rev: What the World Needs Is Group Genius

The Rainforest Revolution

News on growing ecosystems for innovation and entrepreneurship

 

We are a community of “ecosystem makers”, a place to exchange ideas and to provide real tools to solve real problems.

Global Innovation Summit is coming up soon and is on track to sell out! Please register here before it is too late. The Summit is offering limited scholarship opportunities for entrepreneurs with disadvantaged backgrounds. International applicants preferred. Apply here for a scholarship.

SUMMIT: FEBRUARY 17-19  |  WEEK: FEBRUARY 15-21

 

THE BIG PICTURE



Group Genius

Todd Johnston, Head of Design for the Global Innovation Summit, from TEDx 
The world requires group genius – the ability of a group working collaboratively in a consistent flow state with dynamic feedback and individual and group creativity. Group genius cannot be mandated; it is an emergent phenomenon.  Infuse your convening with requisite variety. See more here.

 

Balancing Act: Innovation Ecosystems in Challenging Environments

Maria Douglass, a friend and collaborator of T2 Venture Creation, from LinkedIn
In assessing the health of an entrepreneurial and innovation (E&I) ecosystem of academic institutions, we should look at both intellectual and human capital. Intellectual property-based metrics not only do not reflect a university’s true knowledge transfer capability, they may actually impair E&I strategy at an institutional level, according to a research by MIT Skoltech Initiative. E&I ecosystem should include community and industry engagement efforts, localized to the specific needs of the region. Read more here.

 

The Innovative State

Foreign Affairs
The view that governments should stick to the basics: better schools for a skilled workforce, clear rules and a level playing field for enterprises of all kinds. Leave the rest to the revolutionaries.  It is as wrong as it is widespread. Governments often undertake courageous spending during the riskiest parts of the innovation process. The need for such long-term investments has only increased over time as venture capital firms have become more short term in their outlook, emphasizing finding an “exit” for each of their investments within three years. Read more here.

 

Mentorship Is A Key To Long-term Entrepreneurial Success

The Bellingham Herald
Mentorship is important in all stages of business. For a startup ecosystem to thrive, availability and diversity of mentors is critical because it provides confidence for not only the entrepreneurs but for the investors, bankers, partners, key hires and more. In turn mentorship acts as a stabilizing force to a fragile start. Read more here.

 

3 Secrets From a Chess Master Who Built One of the Fastest-Growing Companies in the U.S.

Inc.
Some chess lessons for entrepreneur: 1. If you see a good move, wait. There might be a better one coming. 2. Winning requires you to plan many moves ahead.  3. You have to manage your time or you can lose–even with the better position. Read more here.

 

THE LATEST NEWS



Why Chile and Colombia Are Startup Savvy

The Wall Street Journal
Chile and Colombia are the leaders in entrepreneurship, according to a new study. Both of the Latin American nations scored high on three measures: the share of the working-age population engaged in early-stage entrepreneurial activity, the portion of entrepreneurs who expect to create 20 or more jobs in the next five years and the share of entrepreneurs who say they are offering innovative products or services.  Read more here.

 

Portugal’s Growing Number of Young Entrepreneurs

BBC Business
To help boost entrepreneurship, the Portuguese government has created an investment body called Portugal Ventures to invest 20m euros of public funds a year into start-up firms. Read more here.

 

Everyone Wants a Piece of the Startup Economy — Even Corporations

San Francisco Chronicle
A growing interest in venture capital comes at a time when corporations are throwing large amount of money at innovation. With technology changing so rapidly, companies don’t want to miss out on the next big thing, the way Microsoft, Hewlett-Packard and Intel missed out on mobile devices. Read more here.

 

CALENDAR OF EVENTS


Global Innovation Week 

February 15-21, 2015 
Silicon Valley, CA

Global Innovation Week is a Silicon Valley-wide festival celebrating the entrepreneurial spirit.  More than 20 events with 1,000 attendees from 50 countries are expected. Interested in hosting your own event? Apply here.


MENA Entrepreneurial Showcase & Networking Reception

Wednesday, January 14, 2015
6:00 PM to 8:30 PM (PST)
Redwood City, CA

Join TechWadi As They Kick-off the New Year by Celebrating MENA Entrepreneurship!

Marketplace & Networking – 6:00- 7:15 p.m.
Opening Remarks and Keynote – 7:15 – 7:45 p.m.
Pitches / Q&A – 7:45 – 8:15 p.m.
Tickets, Speakers, and Additional Information


Startup Grind 2015

February 9 to February 11, 2015
Redwood City, CA

Startup Grind is a global community of entrepreneurs with monthly events hosted in over 150 cities and 60 countries. The mission is to help educate, connect, inspire, and mentor entrepreneurs.This year’s lineup includes the founders of Google For Entrepreneurs, Yammer, Stripe, Lyft, Airbnb, Pebble, Intuit, Qualtrics, Zendesk, 99 Designs, Twitch, Product Hunt, Survey Monkey,Houzz, SmartThings, BioWare Games, charity: water, and many more. Legendary investors Steve Case, Vinod Khosla, Mark Suster, Alfred Lin, Gil Penchin, George Zachary, Ailleen Lee, Bill Maris, Matt Miller, Charles Hudson will also be joining us.
Register here with a 10% discount.