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Monday - June 29, 2015

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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ransom

RAN'SOM, n.

1. The money or price paid for the redemption of a prisoner or slave, or for goods captured by an enemy; that which procures the release of a prisoner or captive, or of captured property, and restores the one to liberty and the other to the original owner.

By his captivity in Austria, and the heavy ransom he paid for his liberty, Richard was hindered from pursuing the conquest of Ireland.

2. Release from captivity, bondage or the possession of an enemy. They were unable to procure the ransom of the prisoners.

3. In law, a sum paid for the pardon of some great offense and the discharge of the offender; or a fine paid in lieu of corporal punishment.

4. In Scripture, the price paid for a forfeited life, or for delivery or release from capital punishment.

Then he shall give for the ransom of his life, whatever is laid upon him. Ex. 21.

5. The price paid for procuring the pardon of sins and the redemption of the sinner from punishment.

Deliver him from going down to the pit; I have found a ransom. Job. 33.

The Son of man came - to give his life a ransom for many. Matt. 20. Mark 10.

RAN'SOM, v.t.

1. To redeem from captivity or punishment by paying an equivalent; applied to persons; as, to ransom prisoners from an enemy.

2. To redeem from the possession of an enemy by paying a price deemed equivalent; applied to goods or property.

3. In Scripture, to redeem from the bondage of sin, and from the punishment to which sinners are subjected by the divine law.

The ransomed of the Lord shall return. Is. 35.

4. To rescue; to deliver. Hos. 13.













1828 Noah Webster Dictionary

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News: proclaim

June 29, 2015
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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.
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.
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?
0.02933406829834|June 29, 2015 => 6:10 pm