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Sunday - February 7, 2016

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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value

VALUE, n. val'u. [L. valor, from valeo, to be worth.]

1. Worth; that property or those properties of a thing which render it useful or estimable; or the degree of that property or of such properties. The real value of a thing is its utility, its power or capacity of procuring or producing good. Hence the real or intrinsic value of iron, is far greater than that of gold. But there is, in many things, an estimated value, depending on opinion or fashion, such as the value of precious stones. The value of land depends on its fertility, or on its vicinity to a market, or on both.

2. Price; the rate of worth set upon a commodity, or the amount for which a thing is sold. We say, the value of a thing is what it will bring in market.

3. Worth; applied to persons.

Ye are all physicians of no value. Job. 13.

Ye are of more value than many sparrows. Matt. 10.

4. High rate.

Caesar is well acquainted with your virtue, and therefore sets this value on your life.

5. Importance; efficacy in producing effects; as considerations of no value.

Before events shall have decided on the value of the measures.

6. Import; precise signification; as the value of a word or phrase.

VALUE, v.t. val'u.

1. To estimate the worth of; to rate at a certain price; to apprise; as, to value lands or goods.

2. To rate at a high price; to have in high esteem; as a valued poem or picture. A man is apt to value his own performances at too high a rate; he is even disposed to value himself for his humility.

3. To esteem; to hold in respect and estimation; as, to value one for his works or virtues.

4. To take account of.

The mind doth value every moment.

5. To reckon or estimate with respect to number or power.

The queen is valu'd thirty thousand strong.

6. To consider with respect to importance.

The king must take it ill, so slightly valu'd in his messenger.

Neither of them valued their premises according to the rules of honor or integrity.

7. To raise to estimation.

Some value themselves to their country by jealousies to the crown. [Not in use.]

8. To be worth. [Not in use.]













1828 Noah Webster Dictionary

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News: commandment

February 07, 2016
[12:10:22 AM] (PDT)


 



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
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" 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.
0.1108410358429|February 7, 2016 => 11:08 am