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Daily Archives: July 11, 2013

Paper – Universities’ Role as Knowledge Sources for Product Innovations

Universities’ Role as Knowledge Sources for Product Innovations by Kohei NishikawaSetsunan University; Daisuke KanamaHokkaido Information University, July 2013 Tokyo Center for Economic Research (TCER) Paper No. E-56

“This study verified innovation objectives for Japanese SMEs’ access to university knowledge the effects of university knowledge on innovation outcomes. The analysis found the following three points. First, Japanese SMEs do not access university knowledge strategically according to innovation objectives but decide whether to use university knowledge in consideration of such factors as proactive R&D spending, financial constraints on innovations and the effectiveness of legal means to secure profit from innovations. Next, product innovations for “improving product or service quality,” “expanding product or service lineups,” “replacing existing products or services” and “exploring new markets” can lead to financial successes without university knowledge, rather than with such knowledge. Finally, the utilization of university knowledge does not necessarily lead to greater technological capabilities. In Japan, science, technology and innovation policy has strongly encouraged university-industry collaboration from later 1990’s aiming to support innovation activities for SMEs. The results of this study do not confirm the total effects of the policy.”

Paper – Bubble Cycle

Bubble Cycle by Masaya Sakuragawa – Tokyo Center for Economic Research (TCER); Keio University – Faculty of Economics. July 1, 2013. Tokyo Center for Economic Research (TCER) Paper No. E-55  “This paper analyzes the boom–bust cycle driven by rational bubbles in an overlapping generations economy that is subject to borrowing constraints. At the heart ofContinue Reading

Fastcase 50 for 2013

“2013 was the Year of Reinvention, with innovators gathering at several national conferences pushing the boundaries of the business of law, using software, algorithms, and new pricing models for lawyers as a way to better provide legal services to the middle class. New companies challenged our assumptions about legal research, and established challengers hit theirContinue Reading

New poem on LLRX.com by Brooke Grasberger

Via LLRX.com – Brooke Grasberger’s Legends.

UK Guardian: how Microsoft handed the NSA access to encrypted messages

“Microsoft has collaborated closely with US intelligence services to allow users’ communications to be intercepted, including helping the National Security Agency to circumvent the company’s own encryption, according to top-secret documents obtained by the Guardian. The files provided by Edward Snowden illustrate the scale of co-operation between Silicon Valley and the intelligence agencies over theContinue Reading

EPIC Files Supreme Court Petition, Challenges Domestic Surveillance Program

“EPIC has filed a Petition with the U.S. Supreme Court, asking the Court vacate an unlawful order by the Foreign Intelligence Surveillance Court that enables the collection of all domestic phone record by the NSA. The order, directed to Verizon, requires the production of all “call detail records” for calls made “wholly within the UnitedContinue Reading

Department of Energy Releases New Report on Energy Sector Vulnerablities

News release: “The U.S. Department of Energy released a new report which assesses how America’s critical energy and electricity infrastructure is vulnerable to the impacts of climate change.  Historically high temperatures in recent years have been accompanied by droughts and extreme heat waves, more wildfires than usual, and several intense storms that caused power andContinue Reading

New GAO Reports – Compacts of Free Association, NOAA, Transit Asset Management

Compacts of Free Association, Guidelines Needed to Support Reliable Estimates of Cost Impacts of Growing Migration, GAO-13-773T, Jul 11, 2013 Compacts of Free Association Initial Response to Post-Storm Assessment Requirements, GAO-13-559R, Jul 11, 2013 Transit Asset Management, Additional Research on Capital Investment Effects Could Help Transit Agencies Optimize Funding, GAO-13-571, Jul 11, 2013

LA Times Editorial – Privacy and the FISA court

“Though most Americans have little idea what it does, the FISA court is extremely influential. Thanks to a leak by former National Security Agency contractor Edward Snowden, we now know that it was the FISA court that decided, in a secret opinion, that the telephone records of millions of Americans could be acquired and storedContinue Reading

The Economics of Student Debt

The Economics of Student Debt, Hamilton Place Strategies, July 2013. “As Congress returns from the Fourth of July recess, one of the first pieces of unfinished business it hopes to address is the rising interest rate on federal student loans. Specifically, the interest rate for newly originated subsidized Stafford Loans loans provided interest free until sixContinue Reading

2013 Wharton Private Equity Review: Navigating the ‘New Normal

“Some $200 billion of new capital went to private equity (PE) and venture capital management partnerships globally in 2012. For the first time, 20% of that total — some $40 billion — went to fund managers in emerging market countries. Surprisingly, of that amount, only $15 billion went to the BRICs (Brazil, Russia, India andContinue Reading