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Tuesday - July 29, 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 coaxing

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

1828 Noah Webster Dictionary
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coaxing

COAXING, ppr. Wheedling; flattering.


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Word of the Day

modern

MOD'ERN, a. [L. modo, and ern, which we find in other Latin words that have reference to time, as in hodiernus, hesternus.]

1. Pertaining to the present time, or time not long past; late; recent; not ancient or remote in past time; as modern days, ages or time; modern authors; modern fashions; modern taste; modern practice.

2. Common; mean; vulgar. [Not used.]

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water-wheel

WATER-WHEEL, n. [water and wheel.]

1. A wheel moved by water.

2. An engine for raising water from a deep well.

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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Monte J. Shaffer Monte J. Shaffer is a fourth-year Ph.D. student and job market candidate (2011) in the Department of Marketing at Washington State University. Monte is currently working on his marketing dissertation in Entrepreneurial Innovations. Prior to joining Washington State University, Monte received a Bachelor in Mathematics / MBA in Marketing from Brigham Young University (BYU) in Provo, UT.
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.
Monte from Montana "Monte from Montana" was born and raised near Glacier National Park. He is a strong, sober mind that likes to solve problems in order to help people. Following in his father's footsteps, he began teaching high school mathematics (BYU: mathematics with minors in Physics and Spanish). The excitement of the dot-com era led Monte to Monterey California where he became a Senior Software Engineer doing web-application development for an Internet Company. Following the bubble-burst, he returned to BYU (MBA: Marketing Research). Monte is concurrently working toward his Ph.D. in Marketing and a M.S. in Statistics at WSU in Pullman, Washington. Generally, he likes to identify innovative statistical techniques that can help solve marketing problems. Specifically, his interests are in Entrepreneurial Innovation, U.S. Patent Data, and Internet Consumer Behavior. Outside of Marketing, Monte enjoys his family, a good game of basketball, golf, and chess.
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.
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.

Learn more about U.S. patents:

Patent # 7,654,321 ()
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