5,961 research outputs found

    An Analysis for the Valuation of Venture Capital-Funded Startup Firm Patents

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    In an era where forces such as the Bayh Dole act and the rise of the venture capital industry are reshaping the manner in which innovations are brought to market, the role of intellectual property in the financing of new ventures is becoming increasingly important. The investment community requires a better understanding of the risks of patent-based transactions as such deals become more prevalent. This paper addresses that need by explaining an analysis for the valuation of startup firm-held patents. The paper considers the commonly employed methods of patent valuation, and offers an analysis which considers Legal, Technical, and Technology-Market factors. It employs legal measures of patent quality, statistical measures of patent scope and importance, and technology market structure-based measures of risk. The paper makes a series of simplifying assumptions based on the dynamics of venture capital-funded startup commercialization. Informed by these analyses, the paper offers a discounted cash flow analysis utilizing inputs gleaned from comparable technology transactions

    Launching the Grand Challenges for Ocean Conservation

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    The ten most pressing Grand Challenges in Oceans Conservation were identified at the Oceans Big Think and described in a detailed working document:A Blue Revolution for Oceans: Reengineering Aquaculture for SustainabilityEnding and Recovering from Marine DebrisTransparency and Traceability from Sea to Shore:  Ending OverfishingProtecting Critical Ocean Habitats: New Tools for Marine ProtectionEngineering Ecological Resilience in Near Shore and Coastal AreasReducing the Ecological Footprint of Fishing through Smarter GearArresting the Alien Invasion: Combating Invasive SpeciesCombatting the Effects of Ocean AcidificationEnding Marine Wildlife TraffickingReviving Dead Zones: Combating Ocean Deoxygenation and Nutrient Runof

    How Knowledge Stock Exchanges can increase student success in Massive Open Online Courses

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    Massive Open Online Courses (MOOCs) allow lecturers to overcome spatiotemporal boundaries and reach large numbers of participants. However, the completion rates of MOOCs are relatively low, a critical obstacle to their ultimate success. Existing literature suggests that strengthening student interaction has the potential to increase student commitment. The goal of this study is to develop a novel, market-based knowledge-sharing method that fosters student engagement and interaction in MOOCs, addressing the problem of low completion rates and demonstrating how MOOC engagement can lead to greater student success. The proposed method, "Knowledge Stock Exchange" (KSX), is derived from the concept of crowd-based intelligence mechanisms for incentive-compatible information aggregation. Using a popular MOOC as the focus of our empirical study, we show that the KSX method increases student interaction as well as MOOC completion rates. Moreover, we find that KSX participation has a significant positive effect on participants' exam grades

    ERP implementation methodologies and frameworks: a literature review

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    Enterprise Resource Planning (ERP) implementation is a complex and vibrant process, one that involves a combination of technological and organizational interactions. Often an ERP implementation project is the single largest IT project that an organization has ever launched and requires a mutual fit of system and organization. Also the concept of an ERP implementation supporting business processes across many different departments is not a generic, rigid and uniform concept and depends on variety of factors. As a result, the issues addressing the ERP implementation process have been one of the major concerns in industry. Therefore ERP implementation receives attention from practitioners and scholars and both, business as well as academic literature is abundant and not always very conclusive or coherent. However, research on ERP systems so far has been mainly focused on diffusion, use and impact issues. Less attention has been given to the methods used during the configuration and the implementation of ERP systems, even though they are commonly used in practice, they still remain largely unexplored and undocumented in Information Systems research. So, the academic relevance of this research is the contribution to the existing body of scientific knowledge. An annotated brief literature review is done in order to evaluate the current state of the existing academic literature. The purpose is to present a systematic overview of relevant ERP implementation methodologies and frameworks as a desire for achieving a better taxonomy of ERP implementation methodologies. This paper is useful to researchers who are interested in ERP implementation methodologies and frameworks. Results will serve as an input for a classification of the existing ERP implementation methodologies and frameworks. Also, this paper aims also at the professional ERP community involved in the process of ERP implementation by promoting a better understanding of ERP implementation methodologies and frameworks, its variety and history

    High-end fashion manufacturing in the UK - product, process and vision: Recommendations for a Designer and Fashion Manufacturer Alliance and a Designer Innovation and Sampling Centre

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    The Centre for Fashion Enterprise (CFE) was commissioned by the Department of Culture, Media and Sport (DCMS) to undertake a feasibility study to explore fully the market need for a new high-end production hub. This was in direct response to the need highlighted in the DCMS report, Creative Britain - New Talents For The New Economy, published in 2008. This study has confirmed that there is a need. However the need is for a sampling and innovation facility rather than a production hub. Designers reported a shortage of high quality sampling capacity in the UK, as well as difficulties in getting small quantities produced. Additionally, they do not know where or how to source appropriate manufacturing in the UK, Europe or globally, at the quality the market requires

    Unnamed Sources: A Longitudinal Review of the Practice and its Merits

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    This dissertation reviews the history and discourse of the debate regarding the use of unnamed sources in journalism. A quantitative and qualitative content analysis explores how the use of anonymous sources has changed over the years. The ethics justifying their use are examined through the lens of utilitarianism. The author offers guidelines for their future use

    Marketing and sustainability

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    'Marketing and sustainability' is based on an original booklet written by Martin Charter in 1990. The text has been updated and re-written to take account of the changing and emerging debate of marketing’s role in relation to sustainable development. This booklet has been produced as a supporting publication for the Sustainable Marketing Knowledge Network (Smart: Know-Net) a web-based information and communication platform for marketers interested in sustainability, available at www.cfsd.org.uk/smart-know-ne

    NOT ALL TASKS ARE ALIKE: EXPLORING THE EFFECT OF TASK REPRESENTATION ON USER ENGAGEMENT IN CROWD-BASED IDEA EVALUATION

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    Crowdsourcing has experienced increasing popularity in recent years. While performance-based issues, such as the quantity or quality of output produced by the crowd, have been in the focus of research, users’ experience, which unfolds through interaction with the crowdsourcing platform and ultimately creates engagement, has been largely neglected. However, user engagement does not only determine the scope of effort users put into the crowdsourcing task, but is considered a determinant for future participation. This paper focusses on the role of task representation–manifested in mechanisms for crowd-based idea evaluation–as potential stimuli for user engagement. Therefore, we conduct a web-based experiment with 198 participants to investigate how different task representations translate into differences in users’ experience and their engagement. In particular, we analyze two distinctive task representations: sequential judgement tasks in form of multi-criteria rating scales and simultaneous choice tasks in the form of enterprise crowdfunding. We find differences in task representation to influence user engagement while mediated by a user’s perceived cognitive load. Moreover, our findings indicate that user engagement is determined by a user’s perceived meaningfulness of a task. These results enhance our understanding of user engagement in crowdsourcing and contribute to theory building in this emerging field
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