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Innovation, Technology, Production, Success, Entrepreneur

Low-cost Production, High-tech Success

Innovation is always necessary if a firm is to become a leader in the high-technology area, say Stanford Business School's Evan Porteus and Glen Schmidt. But while the ability to innovate can get a firm to the top, it alone is unlikely to keep it there as new technologies and the generations of products that accompany them arise.


Securities, Stock, Market, Analysts, Earnings, Forecast

Beware Securities Analysts' Forecasts

The securities research analysts who advise your broker on the best stock market picks may not be trying to mislead you deliberately, but beware of their rosy attitudes.


Diversity, Training, Sexism, Racism, Personnel, Workshops, Management

Campus 'gender friendly' workshops getting attention

A Purdue University effort to create a more positive environment for female engineering and science students is attracting the attention of colleges, universities and the corporate world.


Babson, Prof, Fulbright, Scholar, Research, China

Eng Receives Fulbright Scholar Award

Robert J. Eng, associate professor of marketing at Babson College, was selected by the J. William Fulbright Foreign Scholarship Board to receive a Fulbright Scholar award to the People's Republic of China. His research will center on two emerging business issues for China: finding, attracting, and retaining qualified personnel; and examining the country's distribution and transportation networks.


Lure, Board, Service, Can, Positively, Impact, Performance, soon, Retire, CEOs

Lure of Board Service Can Positively Impact Performance of Soon to Retire CEOs

LURE OF BOARD SERVICE CAN POSITIVELY IMPACT PERFORMANCE OF SOON-TO-RETIRE CEOs Study Explores New Evidence That Continued Board Service Offsets Horizon Problems in CEO's Final Years of Employment


Insurance, loss, Reserves, Accounting, Financial

Accounting for Insurance Loss Reserves

In the insurance industry, reporting loss reserves presents a dilemma: when an insurer incurs a claim it won't have to pay for many years, such as benefit claims tied up in litigation, current accounting standards require that the loss be recorded at "nominal value," the actual dollar amount. However, insurers would prefer reporting it as a discounted "present value" loss, thereby reducing its liability. One Stanford researcher suggests that discounting loss reserves to present value is well worth considering.



Internet, Business, Computer, Science, Policy

Internet Moves Toward Privatization

The National Science Foundation (NSF) announced today an action that moves the Internet toward privatization. Internet Protocol number assignments will soon be handled by a non-profit organization.


Jeane, Kirkpatrick, Speaks, Simon, School, Commencement

Jeane Kirkpatrick Speaks At Simon School Commencement

Former U.S. Representative to United Nations Tells Graduates: "Business Is an Essential Institution."


Income, TAX, Internal, Revenue, Service

Filing Income Taxes Biennially Would Have Great Advantages

Filing income taxes biennially would have great advantages for both the government and the taxpayers, according to Professor Jay Soled, who teaches courses in tax practice at Rutgers Graduate School of Management.


Stock, Exchanges, Stock, Prices, Stock, Quotations, Financial, Markets, Decimalization

Stock Markets Can Save in Decimals

Stock markets can save billions of dollars for investors by quoting stock prices in decimals instead of eighths, says Rutgers' David Whitcomb, who recently testified before Congress on stock market reform.


Soviet, Union, Russia, India, China, Capitalism, Economy, Communism, Socialism, Centralized

Russia, India, and China Abandoning Centrally Controlled Economies Differently

Russia, India, and China are using different approaches in their efforts to replace centrally controlled economies with market-driven economies, says Rutgers Professor Allan Roth.


Quality, Efficiency, Effectiveness, Strategy

Management Oriented Approach

Emphasis on quality and efficiency is not enough. Companies must ensure that they are also effective. When viewed together, these considerations are complementary, not competing, says Rutgers Professor Ephraim Sudit in his new book EFFECTIVENESS, QUALITY, AND EFFICIENCY: A MANAGEMENT ORIENTED APPROACH.


Employment, Tourism, Hospitality, Careers, Travel, Leisure

Increased Leisure Time for America Equals Employment Opportunities

Rising personal incomes and increased leisure time for Americans are giving college graduates an entree to the executive suite in the hotel and restaurant industry. "Moving up the ladder is quick in this business, especially for young people who are motivated and enthusiastic," says Professor Lee Kreul, head of Purdue University's Department of Restaurant, Hotel, Institutional and Tourism Management.


Nuclear Power, Climate Change, Electricity Restructuring

Impacts of Sweden's Nuclear Power Phaseout Addressed in New RFF Book

As the Swedish parliament moves closer to phasing out nuclear power, a new book published by Resources for the Future suggests that Sweden has much to lose--economically, environmentally, and in terms of health and safety--and little to gain from an early retirement of its nuclear power industry.


Affirmative, Action, Study, Minorities, Women, Economics, MSU

People Hired Under Affirmative Action Plans Work Well MSU Study says

Affirmative action does not lead to the hiring of minorities or women with substantially lower qualifications or who exhibit weaker job performances, according to a recent Michigan State Univerity study.



Business, Economic, Innovation, Bacteria, Disabilities

June 13, 1997 NSF Tipsheet

The National Science Foundation (NSF) awards Small Business Innovation Research (SBIR) grants to stimulate technological innovation that meets federal research and development needs. NSFís SBIR budget for 1997 is $50 million. The program makes it financially possible for small firms to undertake high risk, cutting-edge research with strong potential for commercial results. The following are a few of the many SBIR success stories.


Mortgage, Housing, Investments, Financing, Loans, Lenders, Bankruptcy, Affordability

Expert: Don't Buy As Much House As Lending Institutions Allow

If you borrow as much as a lender will give you to purchase a home, you may be spending more than you can afford, says a Purdue University expert on family budgeting. "The mortgage payment is only 60 percent of total housing costs," says Flora Williams, associate professor of family and consumer economics. "People underestimate the cost of owning a home, and rules on affordability need to be changed in light of a growing number of personal bankruptcies."


Compulsive, Consumer, Mexico, Shopping

Study Shows Many Mexican Shoppers Are Compulsive Buyers

Compulsive buying could be "a real problem" in Mexico, say two researchers who have been studying consumer behavior in that country.


Economist, Examines, Wage, Price, Inflation, National, Regional, Forecasts

Businesses Caught in Squeeze, Says Economist

Businesses are getting caught in the squeeze between wage and price inflation, says the director of the Center for Economic Studies at Babcock Graduate School of Management, Wake Forest University. Gary Shoesmith, director of the center, says " If interest rates increase this summer, businesses will feel the full brunt. But consumers, receiving higher and higher wage gains, are not nearly as affected."


Superfund, Cercla, EPA, Land Use, Hazardous Waste

Linking Land Use to Superfund Cleanups Poses Challenges

As the United States Congress debates revisions to Superfund, a new report published by Resources for the Future suggests that, if the Environmental Protection Agency is required to base cleanup decisions on the expected future land use at a Superfund site, it will have to devise effective land use controls to prevent future exposure and more effectively involve the public in cleanup and reuse decisions.

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