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JLabs LLC CEO and author Judy Estrin puts the processes and philosophies of innovation under the microscope. Her current analysis indicates that we're short-changing the business arena and culture at large, as we've stopped planting the seeds for true, monumental invention and problem-solving.
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The stock market's June swoon has carried into July, with key indicators pointing to a bear market weighed down by rising oil prices, the credit crisis and more bad news from Detroit, as the Big Three auto manufacturers reported substantial losses. Meanwhile, the G-8 gathered in Japan to discuss global warming and the economy, but didn't include the two largest emerging economies -- China and India -- in the talks.
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If the past month is any indicator, acquisitions are not only thawing but heating up. In October, Comcast made a bid to merge its operations with NBC Universal to create a cable programming giant. In early November, Kraft Foods announced a $16.5 billion bid for U.K.-based chocolate maker Cadbury -- also being sought by confectioners Hershey and Ferrero. The activity spans several sectors, including technology, with Hewlett Packard's agreement to purchase 3Com for $2.7 billion, and Google's $750 million acquisition of AdMob.
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The U.S. housing market has been wobbly for several years, but it has shown some signs of perking up in recent months. The latest reports, however, indicate a setback, with median home prices dropping slightly and sales well below the already depressed levels of 2009. Yet a combination of low mortgage rates and apparent home-price bargains should still be drawing some buyers into the market. Knowledge@Wharton spoke with Wharton real estate professor Susan M.
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Women artists continue to be excluded from positions of power and visibility in the American theatre industry. Recent research, including a provocative study by Princeton alumni Emily Sands, indicates that plays by women are less frequently produced now than they were at the turn of the 20th century. More women have won the Pulitzer Prize for Drama in recent years, including Suzan-Lori Parks (Top Dog/Underdog) Paula Vogel (How I Learned to Drive) and this year, Lynn Nottage (Ruined), but very few women ever win the Tony Award for playwrighting or directing. What does this imply?
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Lunch 'n Learn presentation: In the Internet's early years, some observers believed that the new technology would reduce social inequality in at least two ways. First, by reducing the price of information, it would make information more available, and therefore level the playing field.
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Lunch 'n Learn presentation: Major progress in magnetic fusion research has led to ITER – a multi-billion dollar burning plasma experiment supported by seven governments (EU, Japan, US, China, Korea, Russia, and India) representing over half of the world’s population. Currently under construction in Cadarache, France, it is designed to produce 500 million Watts of heat from fusion reactions for over 400 seconds with gain exceeding 10 – thereby demonstrating the scientific and technical feasibility of magnetic fusion energy.
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Interview with Istvan Deak, Seth Low Professor Emeritus at Columbia University. Interview conducted in Ithaca, NY on April 29, 2009. Istvan Deak has written several books on topics ranging from Weimar Germany to the 1848 Revolution in Hungary to the Habsburg Army's officer corps to Hitler's Europe. It is difficult to exaggerate the contribution he has made to the field of East-Central European History. There are two notable indicators of that influence, one is the Deak Chair established at Columbia in his honor, and the other the many students of his who now populate the field.
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