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Wednesday - April 23, 2014

In my view, the Christian religion is the most important and one of the first things in which all children, under a free government ought to be instructed... No truth is more evident to my mind than that the Christian religion must be the basis of any government intended to secure the rights and privileges of a free people.
- Preface

1828 Noah Webster Dictionary
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1828.mshaffer.comWord aggrandizement

1828 edition of Webster's American Dictionary of the English Language

1828 Noah Webster Dictionary
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aggrandizement

AGGRAND'IZEMENT, n. The act of aggrandizing; the state of being exalted in power, rank or honor; exaltation; enlargement.

The Emperor seeks only the aggrandizement of his own family.

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Why 1828?

I use it to get a true and accurate understanding of our language before the humanistic philosophies of our day corrupted it.

— Irl (Aurora, NE)

Word of the Day

care

CARE, n.

1. Concern; anxiety; solicitude; nothing some degree of pain in the mind, from apprehension of evil.

They shall eat bread by weight and with care. Ezek. 4.

2. Caution; a looking to; regard; attention, or heed, with a view to safety or protection, as in the phrase, take care of yourself.

A want of care does more damage than a want of knowledge.

3. Charge or oversight, implying concern for safety and prosperity; as, he was under the care of a physician.

That which cometh upon me daily, the care of all the churches. 2 Cor. 6.

4. The object of care, or watchful regard and attention; as, Is she thy care?

CARE, v.t.

1. To be anxious or solicitous; to be concerned about.

Master, carest thou not that we perish? Mark 4.

2. To be inclined or disposed; to have regard to; with for before a noun, and to before a verb. Not caring to observe the wind. Great masters in painting never care for drawing people in the fashion. In this sense the word implies a less degree of concern. The different degrees of anxiety expressed by this word constitute the chief differences in its signification or applications.

Random Word

jorden

JOR'DEN, n. A vessel for chamber uses.

About 1828

First dictionary of the American Language!

Noah Webster, the Father of American Christian education, wrote the first American dictionary and established a system of rules to govern spelling, grammar, and reading. This master linguist understood the power of words, their definitions, and the need for precise word usage in communication to maintain independence. Webster used the Bible as the foundation for his definitions.

This standard reference tool will greatly assist students of all ages in their studies.

No other dictionary compares with the Webster's 1828 dictionary. The English language has changed again and again and in many instances has become corrupt. The American Dictionary of the English Language is based upon God's written word, for Noah Webster used the Bible as the foundation for his definitions. This standard reference tool will greatly assist students of all ages in their studies. From American History to literature, from science to the Word of God, this dictionary is a necessity. For homeschoolers as well as avid Bible students it is easy, fast, and sophisticated.


Regards,


monte

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Our goal is to convert the facsimile dictionary (available via Amazon for over $60, PDF v1 and v2) to reprint it and make it digitally available in several formats.

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Patent Rank: An Objective Measure of Radical Innovation Patent data is publicly available, serves as a instrument for doing patent-level and firm-level analysis for both private and public firms, and amidst the modern information age, may be the only way to secure intellectual property. Patent counts or forward-citation counts have been traditionally used to measure the innovation portfolio of a firm. Using network analysis, a variation of Google's PageRank algorithm is introduced to the patent citation network to define an objective measure for radical innovation -- ``Patent Rank". Two model types are considered: simple structure and technology ``class-match" using two temporal forms: cumulative network and five-year moving window. All utility patents from 1976--2009 will be analyzed; over 5.6 million patents and 40 million citations are evaluated to produce 332 million Patent Rank scores. Useful distributional properties are considered and these objective scores are compared to a recent subjective survey performed by PBS to assess the question: What are the most radical innovations of the modern era?
Monte J. Shaffer Innovation is a key driver of entrepreneurial activity. Innovation from an entrepreneurial perspective is conceptually defined using the complementary views of Austrian economists Kirzner and Schumpeter. Incremental innovation is defined as entrepreneurial activity from Kirzner's perspective -- exploitation of awareness of market disequilibrium which appropriates value: market-sensing, customer-linking. Radical innovation is defined as entrepreneurial activity from Schumpeter's perspective -- exploration as a market-disequilibrium "creative destruction" which creates value: market-making, customer-driving. From a firm's perspective, innovation research in marketing addresses three fundamental questions: What is an innovation? What innovations are most valuable to a firm? How do innovations influence the competitive marketplace? From an entreprenuerial perspective, I address these fundamental questions.
Diffusion of Radical Innovation: Assessing and Estimating Value of Innovations Assessing a firm's innovation portfolio is a challenge? Even more difficult is estimating its future value? This paper applies the principles of the Bass model of diffusion of innovation \citep{Bass:1969} to the estimation of forward citations, ``class-match" dampened forward citations, and the newly introduced Patent Rank Scores. The cumulative diffusion will be modeled using a generalized logistic function known as the Richards' curve \citep{Richards:1959}. To estimate the parameters of the the model, the Newton-Raphson method is used. Over 22,000 randomly selected patents from 1976--2008 will be individually modeled, and diffusion patterns will be classified based on the parameters of the model. Valuation of innovation can be objectively assessed, and future valuation can be predicted based on each innovation's specific diffusion pattern.
Revisiting Value Creation and Value Appropriation: An Entreprenurial Perspective An application of the Patent Rank Score will be used to validate the concept of economic development and firm value. Specifically, it will be shown that the Patent Rank Score will provide improved explanatory power over previous measures of radical innovation and firm performance. \citet{Mizik:2003} described the importance of strategic emphasis and value creation/appropriation on firm performance. In the analysis, firms were grouped into low-, stable-, and high- technology groups. In the first analysis, the firms are objectively grouped based on Patent Rank Scores. Further analysis will model firm performance based on stock returns and strategic emphasis \citep{Mizik:2003}. Mediation of innovation using Patent Rank Scores will also be considered.
Entrepreneurial Innovation My interests in marketing strategy are related to entrepreneurs, entrepreneurial startups, and their perceptions. Specifically, how do they make sense of the information they perceive in the market place and how do these perceptions influence their marketing strategies for their entrepreneurial ideas.

Learn more about U.S. patents:

Patent # 7,654,321 ()
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1828 Noah Webster Dictionary

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