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Saturday - May 26, 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/farm

farm

F'ARM, n.

1. A tract of land leased on rent reserved; ground let to a tenant on condition of his paying a certain sum annually or otherwise for the use of it. A farm is usually such a portion of land as is cultivated by one man, and includes the buildings and fences. Rents were formerly pain in provisions, or the produce of land; but now they are generally paid in money.

This is the signification of farm in Great Britain, where most of the land is leased to cultivators.

2. In the United States, a portion or tract of land, consisting usually of grass land, meadow, pasture, tillage and woodland, cultivated by one man and usually owned by him in fee. A like tract of land under lease is called a farm; but most cultivators are proprietors of the land, and called farmers.

A tract of new land, covered with forest, if intended to be cultivated by one man as owner, is also called a farm. A man goes into the new States, or into the unsettled country, to buy a farm, that is, land for a farm.

3. The state of land leased on rent reserved; a lease.

It is great wilfulness in landlords to make any longer farms to their tenants.

F'ARM, v.t.

1. To lease, as land, on rent reserved; to let to a tenant on condition of paying rent.

We are enforced to farm our royal realm.

[In this sense, I believe, the word is not used in America.]

2. To take at a certain rent or rate. [Not used in America.]

3. To lease or let, as taxes, impost or other duties, at a certain sum or rate per cent. It is customary in many countries for the prince or government to farm the revenues, the taxes or rents, the imposts and excise, to individuals, who are to collect and pay them to the government at a certain percentage or rate per cent.

4. To take or hire for a certain rate per cent.

5. To cultivate land.

To farm let, or let to farm, is to lease on rent.













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May 26, 2012
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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.
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
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.
0.015072107315063|May 26, 2012 => 5:50 pm