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Friday - May 25, 2012

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.
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1828 Noah Webster Dictionary
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In celebration of Noah Webster's Birthday (October 16, 2009), we have prepared an updated website.
Please update your bookmarks: http://www.1828-dictionary.com/d/word/bee

bee

BEE, n. An insect of the genus Apis. [See Apis.] The species are numerous, of which the honey-bee is the most interesting to man. It has been cultivated from the earliest periods, for its wax and honey. It lives in swarms or societies, of from 10,000 to 50,000 individuals. These swarms contain three classes of bees, the females or queen bees, the males or drones, and the neuters or working bees. Of the former, there is only one in each hive or swarm, whose sole office is to propagate the species. It is much larger than the other bees. The drones serve merely for impregnating the queen, after which they are destroyed by the neuters. These last are the laborers of the hive. They collect the honey, form the cells, and feed the other bees and the young. They are furnished with a proboscis by which they suck the honey from flowers, and a mouth by which they swallow it, and then convey it to the hive in their stomachs, where they disgorge it into the cells. The pollen of flowers settles on the hairs with which their body is covered, whence it is collected into pellets, by a brush on their second pair of legs,and deposited in a hollow in the third pair. It is called bee bread, and is the food of the larvae or young. The adult bees feed on honey. The wax was supposed to be formed from pollen by a digestive process, but it is now ascertained that it is formed from the honey by a similar process. The females and neuters have a barbed sting, attached to a bag of poison, which flows into the wound inflicted by the sting. When a hive is overstocked, a new colony is sent out under the direction of a queen bee. This is called swarming.














1828 Noah Webster Dictionary

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May 25, 2012
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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.
There has been a call for 'new' patent data (Kortum - see Tellis et al. 2009). I believe that I can contribute to the field of marketing strategy by improving the data available, and describing its potential uses. The new data source allows for large and rich information regarding patents that can be used in many types of strategic analyses. The most recent run of these data consisted of 73 IT firms in the S&P 500. Collecting data from January 1996 to June 2009 provides over 192,000 patents with information about forward/backward citations, classification matches, and more. The programming process to run this list took nearly 36 hours as it had to analyze over 3 million patents to create the informative dataset. This is my definition of new data, and the process is continuous and ongoing: (1) All Patent Data has been harvest (8 million patents); (2) Parsed Data is currently being stored in database format; (3) Firm boundary issues [IBM, Internation Business Machines, mergers, misspellings, etc.]; (4) with an intent to do new modeling research on the patent data: (a) Diffusion of Radical Innovations (patents); (b) Patent Rank (e.g., Page Rank applied to patent network of citations) - structural and weighted ranks (e.g., classification matching); (c) EIQ; (d) Race to the Patent Office; (e) Patent Pending
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.
0.015247106552124|May 25, 2012 => 2:16 pm