Articles tagged with Business
Airport planners must adapt to low-cost airlines' requirements for smaller, cheaper terminals with flexible designs. Smaller airports have fewer ground and air traffic control delays than large ones.
The National Institutes of Health has awarded a $25 million Clinical and Translational Science Award to Indiana University School of Medicine. The grant will fund translational research activities at IU and Purdue universities, combining strengths in medicine, business, and government.
Computer fraud can result from incompetence, ignorance, negligence or deliberate misappropriation by employees, causing millions of dollars in damages. Educating managers on security issues can minimize opportunistic computer fraud, making them aware of social and technical issues that affect organizational structure.
A new Management Insights study by Enno Siemsen reveals that software designers intentionally create complex products to advance their careers. Companies are struggling to cope with increasing design complexity, and the study suggests moving compensation agreements towards short-term project success.
A new study by the University of Leicester found that overconfidence among businesspeople is a major reason for venture failures in the first few years. The research shows that individuals with absolute confidence in their abilities are more likely to enter markets with limited capacity, leading to excess entry and higher failure rates.
Researchers suggest adopting apoptosis to restructure businesses, eliminating malfunctioning processes. This approach can prevent commercial decay and protect organizations from demise.
A new study examines the impact of smoke-free laws on restaurant labor markets and finds a decline in turnover rates after implementation. The study supports existing evidence that smoke-free laws are positive for businesses, with no consistent pattern of increase or decrease over time.
Computer scientists have developed a solution called Pergamum, which uses hard disk drives to provide energy-efficient and cost-effective long-term data storage. The system is designed to be reliable, scalable, and adaptable, making it suitable for businesses and individuals looking to preserve digital data.
The US Department of Homeland Security has developed a wearable hood for emergency escape with 15-minute chemical protection. The EH-15 mask provides protection against chemicals and biologics, has a three-year shelf life, and highly efficient particulate filters.
Research at University of Cambridge reveals high morning testosterone levels increase City traders' profits for the rest of the day. Testosterone is found to boost confidence and appetite for risk, leading to a positive-feedback loop that can be detrimental if excessive.
A 14-year-old CEO has created a chemistry trading card game called Elementeo that teaches chemical elements and compounds through interactive gameplay. The game's unique mechanics aim to combine fun and learning, with the goal of reducing opponents' electrons to zero.
The Pacific Business Group on Health (PBGH) has endorsed the Patient Charter, a key step in ensuring reliable and fair healthcare decision-making. By promoting fair and accurate measurement, PBGH hopes to foster a healthcare system that rewards meaningful improvement and higher value.
Dr. Savitsky has been recognized for his significant contributions to high-speed vessel design through his research and papers. His pioneering work on hydrodynamic design methodology is still widely used today.
A UBC study and Harvard research found that spending money 'pro-socially' on gifts for others or charitable donations leads to greater reported happiness. The researchers used a nationally representative sample of Americans to test their theory that how people spend their money is at least as important as income earned.
According to a study, intuition is a subconscious process that draws on past experiences and external cues to make rapid decisions. The researchers found that intuition plays a crucial role in high-pressure situations, such as avoiding accidents or making swift business decisions.
A recent survey reveals that 22% of new R&D centres will be located in China and 19% in India, as multinational firms tap into emerging economies' resources and markets. This trend raises significant challenges, including managing research and development in foreign countries.
Researchers have created a new class of statistical estimators called 'centroid' estimators, which allow for more accurate predictions from massive datasets. These estimators identify the most representative solution from the data, overcoming limitations of traditional methods like maximum likelihood estimation.
A study by University of Leeds researchers found that human psychology and automatic pilot can compromise data security. Employees tend to oversimplify risks and fail to consider consequences, leading to errors. To improve security, organisations should design systems with user involvement and implement triggers for critical thinking.
Researchers from Stevens Institute of Technology have been awarded a grant to evaluate an integrated mariculture system that recycles fish excretions into feed for oysters and clams. The program aims to promote mutual cooperation between scientists from Egypt and Israel, with two pilot systems set up in Alexandria and Eilat.
Global water planning faces a fundamental shift due to changing climate patterns. Water managers must adapt to new, unpredictable conditions that challenge traditional approaches. The authors propose a revised framework incorporating shifting averages and variability.
Researchers design a mathematical model to describe circumstances where generalists can endure and even thrive in what is typically expected to be a specialist-only society. The study's findings suggest that having individuals with diverse skills can safeguard against the possibility that specialists don't complement each other.
Naumann co-authored paper 'Modular Verification of Higher-Order Methods with Mandatory Calls Specified by Model Programs' recognized for its precise and modular technique for specifying callbacks in object-oriented software frameworks. The 22nd annual OOPSLA Conference, held in Montreal, Canada, also featured industry experts and keyno...
Dr. Jerry Luftman's research published in MIS Quarterly Executive explores the persistent problem of aligning IT and business, proposing a five-level maturity model to measure six key components. The study found that federated IT structures and CIO reporting directly to top executives are associated with higher alignment maturity.
Professor Craig W. Kirkwood is awarded the 2007 Frank Ramsey Medal for his significant contributions to decision analysis methodology, applications, and education. The medal honors his work on models of preferences involving multiple objectives, group decision analysis, and computer programs to facilitate learning.
Carnegie Mellon's National Robotics Engineering Center has won a $14.4 million contract to develop an advanced, autonomous unmanned ground vehicle (UGV) for the US Army. The UGV will utilize lessons learned from the successful 'Crusher' platform and incorporate latest suspension, vehicle frame, and hybrid-electric drive technologies.
Four Stevens Institute of Technology professors received Bright Ideas Awards for their outstanding business research, including Sherwat Ibrahim and M. Hosein Fallah. The awards recognize their innovative work in technology management and information technology.
Researchers developed a logical decision model to help women weigh the benefits of motherhood against its effects on career and social interests. The model suggests that having a child at a younger age may be better for women in their early careers, as taking a maternity leave has less impact on future career prospects.
SPOC, a technology company at Stevens Institute of Technology, has developed a proprietary point-of-care medical diagnostic system to pinpoint specific myofascial trigger points causing pain. The $300,000 investment from Connecticut Innovations will help SPOC continue its development and reach its market potential.
Research from the University of Washington suggests that a person's moral identity motivates behavior, but accurate judgments are needed to set it in the right direction. A strong moral identity can push individuals toward socially desirable outcomes, but without proper guidance, it can also lead to undesirable behaviors.
A recent Stanford-AP survey found that Americans are pessimistic about the state of the environment and want immediate action to improve it. The survey revealed that 52% expect the world's natural environment to be in worse shape in 10 years, while 84% believe global warming is occurring.
A new online game, Anti-Phishing Phil, has been developed by Carnegie Mellon University to educate people on how to identify fraudulent websites. The game improved players' accuracy from 69% to 87% in identifying legitimate and illegitimate web sites.
New research from the University of Cincinnati finds that nearly half of workers wish they worked fewer hours, and 49% prefer changing their schedule. The study also reveals that many workers are willing to give up pay for greater flexibility, but face barriers in the workplace.
Dr. Kathryn Abel was honored with the American Society for Engineering Education's Best Paper Award for her paper on finding appropriate data for ABET self-study sections B2 and B3. The award recognizes her contributions to engineering education, including program leadership and outstanding student mentoring.
Brian Borowski, a graduate student at Stevens Institute of Technology, won second prize for his paper on passive acoustic threat detection distances in estuarine environments. His research was conducted in cooperation with the Maritime Security Laboratory and reviewed measurements of acoustical parameters to define detection distances.
Stevens Institute of Technology students Samuel R. Barrett and Matthew V. Paragano received awards from the Barry M. Goldwater Scholarship Foundation, recognizing their exceptional achievements in science and mathematics. The foundation's top prize was awarded to Barrett for his research in artificial intelligence and machine learning.
A team of Stevens researchers won the Herbert A. Simon Best Research Paper Award for their paper on designing and implementing a business process rules engine. The award recognizes innovative research in the field of information systems.
Computer scientists at Oregon State University developed a new approach to fix errors in spreadsheets, which can be used by anyone without extensive training. The system, called GoalDebug, provides a short list of suggested changes, allowing users to identify and fix problems efficiently.
The Conservation through Photography Alliance, a partnership between Conservation International and BG Group, aims to build awareness of the importance of natural conservation through photography. The alliance has already enabled CI to conduct photographic training workshops and expeditions to document threatened species and habitats.
Implementing NICE-recommended smoking cessation interventions can benefit employees' health and employers' businesses. The interventions include short counselling sessions, nicotine replacement therapy, and group therapy to help smokers quit, resulting in reduced lost productivity and improved public health.
Leslie R. Brunell, a lecturer at Stevens Institute of Technology, has been named ASCE Educator of the Year for her energy and care in the classroom. Her success in arranging student project sponsorships and internships with major engineering firms is also recognized.
A study from McMaster University finds that workers prioritizing family demands over work experience face declining job performance, limited career advancement, and strained relationships with bosses. Employees need to address family demands or develop coping strategies.
New research from the University of Washington suggests that understanding why employees choose to stay in their jobs is crucial for retaining good workers. The 'unfolding model' explains why employees leave, while 'job embeddedness' describes forces that keep workers engaged.
Edward O. Wilson's book, The Creation: An Appeal to Save Life on Earth, raises awareness of environmental issues by highlighting the common ground between science and faith. The award recognizes Wilson's contributions to promoting conservation and environmentalism through his writings.
A study by Netherlands researcher Taede Tillema found that households and companies adjust car journeys to avoid pay-as-you-drive tolls, reducing non-daily shopping trips by 19% and work journeys during rush hour by 15%. The most effective measure is a kilometres-driven toll during rush hour or tolls on specific sections of road.
A study found that Lexington's 100% smoke-free public places ordinance had no negative economic impact on the city. Employment at restaurants grew by 3% after the law was enacted, while bar employment remained stable. The findings support previous studies suggesting that smoke-free laws do not harm businesses.
A study by Daniel Ames and Francis Flynn found that assertiveness is the most common weakness among aspiring leaders, with 48% suggesting too much or too little. The researchers suggest that leaders who exhibit moderate assertiveness may be better able to balance their responses.
Research in Uganda found that microfinancing improved women's positions within families and communities, but not their independence. The benefit of microfinancing lies in strengthening self-esteem and enabling women to take more responsibility and have a higher status within marriages and the community.
Despite significant research and development, nanotechnology remains largely unknown to the general public due to a lack of critical analysis and debate in popular media. Social scientists are underrepresented in nanotechnology studies, while some activists fear its potential risks without acknowledging its benefits.
A new model could give an additional 10% of waiting list patients access to organs for transplant while reducing discarded kidneys from 11-15% to 3%. The system aims to achieve a better balance between efficiency and equity in kidney transplantation.
The study found that online shoppers can reap big benefits from shopping on price comparison sites, including strategies to exploit targets of opportunity and compare services beyond prices. Retailers also use these sites to their advantage, with fierce competition driving price wars and collaborations to raise prices.
The World Health Organization's African Regional Health Report is criticized for its lack of facts and reliance on rhetoric. To achieve sustainable health improvements in Africa, effective cooperation between the UN's agencies and multilateral institutions is required.
A study by Queen's University researcher Laurence Ashworth suggests that emotion plays a significant role in consumers' purchasing decisions, particularly for high-involvement products. This challenges existing assumptions about the long-term effects of emotional purchases and highlights the potential benefits of incorporating emotions...
The DTI's 2006 R&D Scoreboard reveals a £2 billion increase in UK companies' R&D investment, driven by the disclosure of R&D for banks, insurance, media, and retail companies. The top UK companies are maintaining their pace with US counterparts, while smaller firms are also increasing their R&D expenditure.
Engineering Our Future NJ is a statewide effort to train 2,000 teachers in New Jersey's K-12 curriculum with engineering integration. Verizon Communications provided a $500,000 leadership grant to fund the program.
The Living While Black index combines economic, social, and health factors to assess the quality of life for African Americans. Religiosity serves as a buffer, reducing the impact of stressors. Economic factors like poverty rates and business sales negatively affect quality of life.
A new study found that CEO overpayment has a higher cost than previously realized, cascading down to lower employee levels. The research also revealed that CEOs serve as a key referent for employees determining fair pay, leading to turnover effects.
Stevens Institute of Technology has been awarded the US Commerce Department's Export Achievement Certificate for successfully entering the international marketplace through its USAID Grant. The grant provided scholarships to Bulgarian IT professionals pursuing a Master's degree in Sofia, Bulgaria.
Researchers found that investor relations professionals give less information to analysts with unfavorable stock recommendations, hindering their ability to forecast earnings accurately. The study suggests that Regulation Fair Disclosure has reduced exclusionary tactics against analysts who issue negative reports.
A UK study found that bank loan officers' biased gender perceptions affect lending decisions for female entrepreneurs. The research suggests changes are needed in training for bank employees and women entrepreneurs to address these biases.
New research from Ohio State University finds that severe heat waves are particularly deadly in neighborhoods without businesses to draw older people out of their apartments. The study analyzed data from the 1995 Chicago heat wave and found higher-than-average mortality rates in areas with run-down, liquor-focused businesses.