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Thursday - May 23, 2013

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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home

HOME, n. [Gr. a house, a close place, or place or rest.]

1. A dwelling house; the house or place in which one resides. He was not at home.

Then the disciples went away again to their own home. John 20.

Home is the sacred refuge of our life.

2. One's own country. Let affairs at home be well managed by the administration.

3. The place of constant residence; the seat.

Flandria, by plenty, made the home of war.

4. The grave; death; or a future state.

Man goeth to his long home. Eccles.12.

5. The present state of existence.

Whilst we are at home in the body, we are absent from the Lord. 2 Cor.5.

HOME, a. Close; severe; poignant; as a home thrust.

HOME, adv. [This is merely elliptical; to being omitted.]

1. To one's own habitation; as in the phrases, go home, come home, bring home, carry home.

2. To one's own country. Home is opposed to abroad, or in a foreign country. My brother will return home in the first ship from India.

3. Close; closely; to the point; as, this consideration comes home to our interest, that is, it nearly affects it. Drive the nail home, that is, drive it close.

To haul home the top-sail sheets, in seamen's language, is to draw the bottom of the top-sail close to the yard-arm by means of the sheets.

An anchor is said to come home, when it loosens from the ground by the violence of the wind or current, &c.

1828 Noah Webster Dictionary

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News: protection

May 23, 2013
[12:00:15 AM] (PDT)

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.

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.

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.

0.033611059188843|May 23, 2013 => 1:36 am