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Monday, November 1, 2004

What makes America great? Read this account from a get-out-the-vote worker in East Tampa, Florida. 5-hour wait, in the sun, and nobody left, not even an 80-year-old... pointer from IP and Tim Bishop...
Comments 7:36:04 AM    

"Intangible assets - a skilled workforce, patents and know-how, software, strong customer relationships, brands, unique organizational designs and processes, and the like - generate most of corporate growth and shareholder value." - Baruch Lev writing in Harvard Business Review. He goes on to note that R&D is way undervalued, and so are exercises like brand building and training. While returns are excellent, they lag the investment considerably, resulting in higher costs of capital and a reluctance to invest in future R&D, especially basic research (even though it provides a higher return). This market is inefficient, which holds back the very innovation that creates most shareholder value going forward. Lev argues that fuller disclosure is needed and points to progress in European accounting rules...
Comments 7:32:06 AM    



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Updated 12/2/04; 9:46:20 PM

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Updated 12/2/04; 9:46:20 PM


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