Description
Innovation is universally recognized as an important source of economic growth. Patents may be considered as a potential measure of innovation. As such, patents may alter isoquant maps, and measuring their elasticities is both intuitively and empirically appealing. This book investigates the impact of U.S.A. patent activity on technical change in 35 industries given in the KLEM (Jorgenson, 1996) data set for the period 1958-1996. Four patent variables, namely total patent applications, total patents granted, unsuccessful patent applications and foreign patents granted, are introduced as technology-changing parameters into the generalized Fechner-Thurstone (GFT) production function to determine the effect on the elasticity of the marginal rate of technical substitution (MRTS) between inputs of the GFT production function over time. It is found that all four patent variables have significant impacts on the marginal rates of technical substitution between various production inputs over time, with foreign patents granted being the most "effective" parameter, and unsuccessful patent applications the least effective. In addition, the elasticity of the MRTS between materials and energy is found to be the most affected by patent activity, and that between materials and labor the least. The extent of technical change by patent activity varies across industries. Patent activity is found to be less effective as technology changes in some traditionally high patenting industries and more effective in others, which indicates that there are significant spillover effects of patents. Patent activity is found to have the greatest impact on technical change in the metal mining industryand the least impact in the chemicals industry.

Porcelain on Steel is an insider's tour of one of America's most storied institutions and shares with the reader what it takes to succeed in the high-pressure, high-performance, high-testosterone lab that produces leaders for the Army and for our Nation. In an era where the American public is saturated with women selling sexuality, this book highlights those who, blessed with strong character traits, use them to make a positive contribution to society. Leadership is a matter of character; leadership is matter of how to be, not how to do it. Leadership is something that is instilled in you-and great leaders in turn instill the ability in others. The women in Porcelain on Steel exemplify this-for all ages and wisdom for all time. Their qualities and strength of character would lead to success in any era but most importantly, their stories are especially relevant now, in today's times. This is a book for your daughter, your sister, your best friend, and most of all, yourself. *** The women in Porcelain on Steel are genuine role models. America's youth, whether male or female, as well as parents in search of stories of inspiration, courage, loyalty, public service and leadership that set a positive direction for our young people, should read this book. This is a powerful and inspirational portrait of the women who serve-not just our country, but their families, their communities, and their own commitment to a purposeful and meaningful life. These women, like the author Donna McAleer herself, had the courage and strength to attend West Point-the toughest and most elite military school in the nation-and have the heart and soul to be role models for women everywhere. We can find courage in their courage, faith in their faith, and our own best selves in them. West Point is an indispensible institution that has helped sustain our democracy for more than 200 years. About the Author: Donna McAleer graduated from West Point in 1987 and served as an Army Officer. Actively involved in the West Point community, she serves as Class President and is an Admissions Field Representative. Donna was elected to the boards of directors of the West Point Association of Graduates, the West Point Women's Network, and is an advisor to West-Point.org. She is the co-founder of Bugle Notes, an on-line community for West Point graduates and cadets. (www.buglenotes.com). She earned a master's degree from the Darden Graduate School of Business Administration, University of Virginia. An outdoor enthusiast with a particular passion for skiing, Donna lives in Park City, Utah with Ted, her husband, Carlyn Ann, their daughter and Col. (ret) Thayer, their dog. Porcelain on Steel is her first book.

Agent-based modeling and simulation (ABMS), a way to simulate a large number of choices by individual actors, is one of the most exciting practical developments in business modeling since the invention of relational databases. It represents a new way to understand data and generate information that has never been available before--a way for businesses to view the future and to understand and anticipate the likely effects of their decisions on their markets and industries. It thus promises to have far-reaching effects on the way that businesses in many areas use computers to support practical decision-making.
Managing Business Complexity is the first complete business-oriented agent-based modeling and simulation resource. It has three purposes: first, to teach readers how to think about ABMS, that is, about agents and their interactions; second, to teach readers how to explain the features and advantages of ABMS to other people and third, to teach readers how to actually implement ABMS by building agent-based simulations. It is intended to be a complete ABMS resource, accessible to readers who haven't had any previous experience in building agent-based simulations, or any other kinds of models, for that matter. It is also a collection of ABMS business applications resources, all assembled in one place for the first time. In short, Managing Business Complexity addresses who needs ABMS and why, where and when ABMS can be applied to the everyday business problems that surround us, and how specifically to build these powerful agent-based models.

Nine scholarly papers examine the economic and legal issues fundamental to the intellectual property debate. Topics include economic incentives to innovate, copyright law and infringement, trademarks, IP rights for artists, indigenous knowledge and university research, new knowledge economy and society, country risk and innovation, and legal protection of IP.
Includes nine state-of-the-art survey papers including contributions from Jerry Hausman, Gregory K. Leonard, Dora Marinova, Margaret Raven, and Richard Watt
Evaluates the relationships between the knowledge economy, knowledge society, and intellectual property which are often not clearly articulated
Interdisciplinary approach enables readers from a wide range of disciplines to appreciate the recent and significant developments in these fields

VENKATARAMA KRISHNAN, PhD, is Professor Emeritus in the Department of Electrical Engineering at the University of Massachusetts Lowell. Previously, he has taught at the Indian Institute of Science, Polytechnic University, the University of Pennsylvania, Princeton University, Villanova University, and Smith College. He also worked for two years (1974-1976) as a senior systems analyst for Dynamics Research Corporation on estimation problems associated with navigation and guidance and continued as their consultant for more than a decade. Professor Krishnan's research interests include estimation of steady-state queue distributions, tomographic imaging, biosystems, and digital, aerospace, control, communications, and stochastic systems. As a senior member of IEEE, Dr. Krishnan has authored three other books in addition to technical publications.

Porcelain on Steel is an insider's tour of one of America's most storied institutions and shares with the reader what it takes to succeed in the high-pressure, high-performance, high-testosterone lab that produces leaders for the Army and for our Nation. In an era where the American public is saturated with women selling sexuality, this book highlights those who, blessed with strong character traits, use them to make a positive contribution to society. Leadership is a matter of character; leadership is matter of how to be, not how to do it. Leadership is something that is instilled in you-and great leaders in turn instill the ability in others. The women in Porcelain on Steel exemplify this-for all ages and wisdom for all time. Their qualities and strength of character would lead to success in any era but most importantly, their stories are especially relevant now, in today's times. This is a book for your daughter, your sister, your best friend, and most of all, yourself. *** The women in Porcelain on Steel are genuine role models. America's youth, whether male or female, as well as parents in search of stories of inspiration, courage, loyalty, public service and leadership that set a positive direction for our young people, should read this book. This is a powerful and inspirational portrait of the women who serve-not just our country, but their families, their communities, and their own commitment to a purposeful and meaningful life. These women, like the author Donna McAleer herself, had the courage and strength to attend West Point-the toughest and most elite military school in the nation-and have the heart and soul to be role models for women everywhere. We can find courage in their courage, faith in their faith, and our own best selves in them. West Point is an indispensible institution that has helped sustain our democracy for more than 200 years. About the Author: Donna McAleer graduated from West Point in 1987 and served as an Army Officer. Actively involved in the West Point community, she serves as Class President and is an Admissions Field Representative. Donna was elected to the boards of directors of the West Point Association of Graduates, the West Point Women's Network, and is an advisor to West-Point.org. She is the co-founder of Bugle Notes, an on-line community for West Point graduates and cadets. (www.buglenotes.com). She earned a master's degree from the Darden Graduate School of Business Administration, University of Virginia. An outdoor enthusiast with a particular passion for skiing, Donna lives in Park City, Utah with Ted, her husband, Carlyn Ann, their daughter and Col. (ret) Thayer, their dog. Porcelain on Steel is her first book.