The Growth of Industrial Sectors: Theoretical Insights and Empirical Evidence from U.S. Manufacturing

In this paper, we study the growth rates of 4-digit sectors in U.S. manufacturing. Two measures of size (value of shipments, value added) are considered, for each of the 38 years (1959-1996) of a sample of 458 4-digit sectors, drawn from the NBER Manufacturing Productivity database. Whole sample results are partly in line with firm growth facts: (i) sectoral growth rates are distributed according to heavy-tailed Subbotin distributions, with shape coefficient between 1.0 (Laplace) and 1.5; (ii) the volatility of growth rates is decreasing with respect to size, with a scaling exponent varying over time, but always between -0.20 and -0.10. Preliminary analyses on more homogeneous groups cast doubts on the evidence of scaling, but leave basically unaffected the distributional properties of sectoral growth. These results shed light on the role of inter-firm correlations, market concentration, and positive intersectoral feedbacks as drivers of meso-economic dynamics.Sectoral Growth, Subbotin Distribution, Scaling, U.S. Manufacturing

Scientific and Technological Regimes in Nanotechnology: Combinatorial Inventors and Performance

Academics and policy makers are questioning about the relation between science and technology in the emerging field of nano science and technology (NST) and the effectiveness of different institutional regimes. We analyze the performance of inventors in the NST using multiple indicators. We clustered patents in three groups according to the scientific curricula of the inventors. The first two groups are composed by patents whose inventors respectively are all authors of at least one scientific publication in the NST and none of then has obtained a scientific publication in that field. Thirdly, we isolated those patents that have at least one inventor, who is also author of at least one scientific publication in the NST. The underlining presumption of this classification is that of a proxy of different institutional search regimes of the inventive activity; pure academic research, pure industrial R&D, and academic-industrial research partnerships.Science-Technology Relation, Emerging Field, Nanotechnology, Patent Quality, Inventive Productivity.

IVOA Recommendation: IVOA Support Interfaces

This document describes the minimum interface that a (SOAP- or REST-based) web service requires to participate in the IVOA. Note that this is not required of standard VO services developed prior to this specification, although uptake is strongly encouraged on any subsequent revision. All new standard VO services, however, must feature a VOSI-compliant interface. This document has been produced by the Grid and Web Services Working Group. It has been reviewed by IVOA Members and other interested parties, and has been endorsed by the IVOA Executive Committee as an IVOA Recommendation. It is a stable document and may be used as reference material or cited as a normative reference from another document. IVOA's role in making the Recommendation is to draw attention to the specification and to promote its widespread deployment. This enhances the functionality and interoperability inside the Astronomical Community

Financial Patenting in Europe

We take a first look at financial patents at the European Patent Office (EPO). As is the case at the US Patent and Trademark Office (USPTO), the number of financial patents in Europe has increased significantly in parallel with significant changes in payment and financial systems. Scholars have argued that financial patents, like other business methods patents, have low value and are owned for strategic reasons rather than for protecting real inventions. We find that established firms in non-financial sectors with diversified patent portfolios own a large share of financial patents at the EPO. However, new specialized technology providers in the financial area also hold a number of such patents. Decisions on the financial patent applications take longer and they are more likely to be refused by the patent office, suggesting greater uncertainty over validity than for other patents. They are also more likely to be opposed, which is consistent with the fact that their other economic value indicators are higher.market valuation, intangible assets, patents, software, Europe

DiPerF: an automated DIstributed PERformance testing Framework

We present DiPerF, a distributed performance testing framework, aimed at simplifying and automating service performance evaluation. DiPerF coordinates a pool of machines that test a target service, collects and aggregates performance metrics, and generates performance statistics. The aggregate data collected provide information on service throughput, on service "fairness" when serving multiple clients concurrently, and on the impact of network latency on service performance. Furthermore, using this data, it is possible to build predictive models that estimate a service performance given the service load. We have tested DiPerF on 100+ machines on two testbeds, Grid3 and PlanetLab, and explored the performance of job submission services (pre WS GRAM and WS GRAM) included with Globus Toolkit 3.2.Comment: 8 pages, 8 figures, will appear in IEEE/ACM Grid2004, November 200

Running a Production Grid Site at the London e-Science Centre

This paper describes how the London e-Science Centre cluster MARS, a production 400+ Opteron CPU cluster, was integrated into the production Large Hadron Collider Compute Grid. It describes the practical issues that we encountered when deploying and maintaining this system, and details the techniques that were applied to resolve them. Finally, we provide a set of recommendations based on our experiences for grid software development in general that we believe would make the technology more accessible. © 2006 IEEE

The role of temperature in the variability and extremes of electricity and gas demand in Great Britain

The daily relationship of electricity and gas demand with temperature in Great Britain is analysed from 1975 to 2013 and 1996 to 2013 respectively. The annual mean and annual cycle amplitude of electricity demand exhibit low frequency variability. This low frequency variability is thought to be predominantly driven by socio-economic changes rather than temperature variation. Once this variability is removed, both daily electricity and gas demand have a strong anti-correlation with temperature (r elec = −0.90 , r gas = −0.94). However these correlations are inflated by the changing demand–temperature relationship during spring and autumn. Once the annual cycles of temperature and demand are removed, the correlations are ${r}_{{\rm{elec}}}=-0.60$ and ${r}_{{\rm{gas}}}=-0.83$. Winter then has the strongest demand–temperature relationship, during which a 1 °C reduction in daily temperature typically gives a ~1% increase in daily electricity demand and a 3%–4% increase in gas demand. Extreme demand periods are assessed using detrended daily temperature observations from 1772. The 1 in 20 year peak day electricity and gas demand estimates are, respectively, 15% (range 14%–16%) and 46% (range 44%–49%) above their average winter day demand during the last decade. The risk of demand exceeding recent extreme events, such as during the winter of 2009/2010, is also quantified

The growth of industrial sectors: Theoritical insights and empirical evidence from US manufacturing

In this paper, we study the growth rates of 4-digit sectors in U.S. manufacturing. Two measures of size (value of shipments, value added) are considered, for each of the 38 years (1959-1996) of a sample of 458 4-digit sectors, drawn from the NBER Manufacturing Productivity database. Whole sample results are partly in line with firm growth facts: (i) sectoral growth rates are distributed according to heavy-tailed Subbotin distributions, with shape coefficient between 1.0 (Laplace) and 1.5; (ii) the volatility of growth rates is decreasing with respect to size, with a scaling exponent varying over time, but always between -0.20 and -0.10. Preliminary analyses on more homogeneous groups cast doubts on the evidence of scaling, but leave basically unaffected the distributional properties of sectoral growth. These results shed light on the role of inter-firm correlations, market concentration, and positive intersectoral feedbacks as drivers of meso-economic dynamics

MAGDA: A Mobile Agent based Grid Architecture

Mobile agents mean both a technology and a programming paradigm. They allow for a flexible approach which can alleviate a number of issues present in distributed and Grid-based systems, by means of features such as migration, cloning, messaging and other provided mechanisms. In this paper we describe an architecture (MAGDA – Mobile Agent based Grid Architecture) we have designed and we are currently developing to support programming and execution of mobile agent based application upon Grid systems