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Innovation & technology
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PEW study of young adult social and mobile media usage
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Blogging has declined in popularity among teens and young adults, decreasing from 28% in 2006 to only 14% of online teens today. Blogging among the adult population has remained constant over the years with 10% maintaining a personal blog. A sharp decline in blogging by young adults has been accompanied by an increase in blogging among older adults. Both teen and adult use of social networking sites has increased in recent years. Facebook is currently the most used social networking site among adults as 73% of respondents report using the site. 48% are active on MySpace and 14% retain profiles on LinkedIn. Teens are also not using Twitter in large numbers. More at PewInternet.org, 2/3/10: (Article posted on 2/9/2010)
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Economy and society
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China suspends mobile phone users who send “unhealthy” texts
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Reports suggest that China is clamping down on “unhealthy and illegal” text messages. Offenders will have their texting service suspended, but there is no indication that their cellular service would be cut off. The rating of what indicates a banned word is triggered by “key words” provided by the police. After a user is suspended, local police are asked to evaluate the messages before service can continue. More at Cellular-news.com, 1/21/10: (Article posted on 1/26/2010)
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Lifestyles
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Online shopping habits mirror those in brick-and-mortar stores
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The top three online shopping periods mirrored offline spending habits with the highest conversions happening between November 30th to December 2nd, December 19th to December 23rd, and December 28th to December 30th. While consumer behaviors were consistent across channels, digital channels presented markers several unique opportunities such as targeting based on-site behavior, sequenced messaging with tailored ads, and pairing the buying power of ad exchanges with the bidding potential of demand side platforms. December 15th ranked the heaviest online spending day of the year, and of all time at $913 million. More at MediaPost.com, 1/27/10: (Article posted on 2/1/2010)
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B2B
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Worldwide CRM market up 12.5% in 2008
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The CRM market that is worldwide extended the growth streak for a fifth consecutive year. A report shows it is up 12.5 percent from 2008. Revenue is 2007 was $8.13 billion and in 2008 it was $9.17 billion. More at DestinationCRM.com, 9/1/09: (Article posted on 10/20/2009)
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B2C
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IAB views iPad as a privatizing threat against the Internet
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The head of the Interactive Advertising Bureau, Randall Rosenthall, has spoken out about the iPad’s attempt to “privatize the web.” The device, much like the iPhone, allows internet browsing much like a “gated intranet”. Essentially, advertisers would have to go through the device maker for their interactive ads to work. The iPad is one of the first devices of its kind to restrict the internet, and the IAB fears the effect of its popularity. More at Mediapost.com, 1/28/10: (Article posted on 2/1/2010)
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New Ventures
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Nation’s banks cut small business lending by $1B
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A Treasury report confirms that the largest US banks have cut small business lending by another $1B as of November. Lending has been falling since April when the Treasury began calling for monthly tally reports. President Obama has encouraged banks to reverse their lending declines and five of the 22 banks studied reported higher small business loans in November than the previous April. More at Money.cnn.com, 1/18/10: (Article posted on 2/1/2010)
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Management & strategy
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Google’s Social Search helps users find friend’s posts
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Google’s social search allows users to search for information in the blogs, Twitter Tweets, Facebook public pages, and other social sites. When you search a term and you’re signed into your Google account, the results include content created by your declared social circle. The user’s social circle includes their contacts and one level beyond that, as specified in their public Google profile, their chat buddies, and their Google Reader. Google’s expansion of social search is the latest of Google’s efforts to delve into the huge growing arena of social networking. More at NewsFactor.com, 1/28/10: (Article posted on 2/1/2010)
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Learning issues
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Research suggests text messaging may improve spelling
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Despite the common abbreviations used in text messaging, a study of eight- to 12-year-olds finds that reading and writing these messages can improve literacy skills. The research suggests that texting requires the same phonological awareness which is needed in correct spelling. Findings contradict previous allegations that texts will erode spelling ability in children. More at News.bbc.co.uk, 1/20/10: (Article posted on 1/26/2010)
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On Wall Street
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Earnings reports – Apple, Nokia, Amazon, Microsoft
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Apple First quarter earnings beat analyst expectations Monday morning with the company reporting $3.37 billion in profit. Revenue was $15.6 Billion, $3 billion over wall street expectations and a 32% increase over the previous year. It marked Apple’s best quarter in company history, due mainly to a change in accounting principles. The new rule allows iPhone income to be recognized immediately as opposed to being spread over two years. http://news.cnet.com/8301-31021_3-10440777-260.html?tag=newsLeadStoriesArea.1
Nokia Fourth quarter profits jumped 65% to $1.33 billion while revenues dropped 5%. Mobile device unit sales were up 12% year over year and their market share grew 2% to 39% overall. Much of the growth is due to QWERTY smartphone sales and new touch models in emerging markets. http://www.cellular-news.com/story/41678.php?s=h
Amazon- Fourth quarter earnings jumped 71% due to increased web sales during the holidays. The Kindle e-reader and deep discounts on their wide array of items prospered well during the down economy. Amazon earned $384 million or $0.85 per share to have their best quarter in company history. http://www.ecommercetimes.com/story/69228.html
Microsoft Due to the initial success of the Windows 7 operating system, Microsoft realized record revenues in the fourth quarter. Revenue was $19.02 billion, up 14% over the previous year. Net Income rose 43% over last year to $8.51 billion. Earnings per share rose 47 cents to 74 cents overall. http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=121527&nid=110552 (Article posted on 2/1/2010)
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Ethics, law, policy
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Consumer advocates support Clinton’s anti-censorship speech
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Clinton is a big supporter of global Internet freedom, and many people are on her side. In her speech, Clinton criticized the current censorship on vast amounts of media and expressed the importance of the “freedom to connect”. Clinton is supporting the demand for new domestic laws regarding polices on text messaging, net neutrality, and privacy. More at MediaPost.com, 1/21/10: (Article posted on 1/26/2010)
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Research & publications
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NEP: New Economics Papers edited by Marcus Dejardin
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"I Want to, But I Also Need to": Start-Ups Resulting from Opportunity and Necessity Caliendo, Marco; Kritikos, Alexander S. http://d.repec.org/n?u=RePEc:iza:izadps:dp4661&r=ent
The role of patents and licenses in securing external finance for innovation Harhoff, Dietmar http://d.repec.org/n?u=RePEc:ris:eibpap:2009_011&r=ent
The role of venture capital in alleviating financial constraints of innovative firms Bottazzi, Laura http://d.repec.org/n?u=RePEc:ris:eibpap:2009_009&r=ent
The financing of innovative firms Hall, Bronwyn H. http://d.repec.org/n?u=RePEc:ris:eibpap:2009_008&r=ent
The Dynamics of Self-employment in a Developing Country: Evidence from India Tamvada, Jagannadha Pawan http://d.repec.org/n?u=RePEc:pra:mprapa:20042&r=ent
Wealth Distribution and Social Security Reform in an Economy with Entrepreneurs Okan Eren http://d.repec.org/n?u=RePEc:tcb:wpaper:0907&r=ent
Competition Among the Big and the Small Ken-Ichi Shimomura; Jacques-François Thisse http://d.repec.org/n?u=RePEc:luc:wpaper:09-18&r=ent
Firms' heterogeneity, endogenous entry, and exit decisions Totzek, Alexander http://d.repec.org/n?u=RePEc:zbw:cauewp:200911&r=ent
Institutional Support of the Firm: A Theory of Business Registries Benito Arruñada http://d.repec.org/n?u=RePEc:upf:upfgen:1195&r=ent
Emergent and declining themes in the Economics and Management of Innovation scientific area over the past three decades Aurora A.C. Teixeira; José Miguel Silva http://d.repec.org/n?u=RePEc:por:fepwps:355&r=ent (Article posted on 2/1/2010)
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Career development
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Broadband results in more jobs but not necessarily higher wages
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From 1996 to 2006, locations in the U.S that went from having no broadband provider to as many as three, had quicker job growth than the rest of the country. More employment opportunities creates competition with workers for those jobs, keeping pressure on salaries. Those who reside in places where high-speed Internet access is not available or too expensive are left with a social and economic disadvantage when it comes to employment opportunities because familiarity with the Internet is now typically demanded for even entry level positions. More at NewsFactor.com, 1/18/10: (Article posted on 1/26/2010)
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TOCs, meetings, calls
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Technology Analysis & Strategic Management Volume 22, Issue 2
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Sourcing innovation from your customer: how multinational enterprises use Web platforms for virtual customer integration Authors: René Rohrbeck; Fee Steinhoff; Felix Perder http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=117&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
National and cultural diversity in transnational innovation teams Authors: Ricarda B. Bouncken; Viviane A. Winkler http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=133&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
Exploring the nonlinear effects of patent citations, patent share and relative patent position on market value in the US pharmaceutical industry Authors: Yu-Shan Chen; Ke-Chiun Chang http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=153&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
Innovation in a military research laboratory: an initial exploratory study Authors: Alfred E. Thal Jr.; David E. Shahady http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=171&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
Formal boundary spanning by industry liaison offices and the changing pattern of university–industry cooperative research: the case of the University of Tokyo Authors: Kyoung-Joo Lee; Tomohiro Ohta; Kazuhiko Kakehi http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=189&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
Knowledge exchange behaviours of science park firms: the innovation hub case Authors: Kai-Ying A. Chan; Leon A. G. Oerlemans; Marthinus W. Pretorius http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=207&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
An activity guideline for technology roadmapping implementation Authors: Nathasit Gerdsri; Phensoame Assakul; Ronald S. Vatananan http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=229&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
Successful project managers: an exploratory study into the impact of personality Authors: Alfred E. Thal Jr.; John D. Bedingfield http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=243&uno_jumptype=alert&uno_alerttype=new_issue_alert,email
Improving project performance through organisational learning: an empirical study in Taiwan, Authors: Chun-Hui Wu; Kwoting Fang http://www.informaworld.com/openurl?genre=article&issn=0953-7325&volume=22&issue=2&spage=261&uno_jumptype=alert&uno_alerttype=new_issue_alert,email (Article posted on 2/1/2010)
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Fun stuff
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Mad TV came up with “iPad” five years ago
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In 2005 Mad TV aired a skit poking fun at a hypothetical product called the iPad. Now, as Apple recently unveiled a hit product of the same name, the writers joke about wanting residual checks for the concept. The skits were well received both in 2005 and online today but signs indicate Apple fans will still be eager to consume the latest gadget. More at npr.org, 1/28/10: (Article posted on 2/1/2010)
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