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US EDA awards $1.5 mill to grow Rutgers incubator

The US Economic Development Administration has awarded $1.5 million to the Rutgers-Camden Technology Campus to develop wet labs for a new Biotech-Life Science Business Incubator. The grant will create 255 jobs and generate over $17 million in private investment, supporting the growth of New Jersey's biotechnology industry.

Bank supervision may actually drive corruption, says economist

New research by Brown University Professor Ross Levine finds that powerful supervisory agencies actually lower bank lending integrity. Instead, strategies focusing on accurate information disclosure enhance efficiency and reduce corruption. The study suggests 90% of countries implementing Basel II regulations may face bad outcomes.

SourceBrown University·JournalJournal of Monetary Economics·DateFeb 12, 2007

China's environmental challenges

A recent special issue of Frontiers in Ecology and the Environment highlights China's environmental concerns, including water and air pollution, cropland loss, and biodiversity decline. The country's rapid urbanization is also exacerbating these issues, with over 50% of its population expected to live in towns and cities by 2020.

SourceEcological Society of America·JournalFrontiers in Ecology and the Environment·DateSep 19, 2006

Fishing trade helps Africa

New research suggests that international fishing trade can benefit developing African countries by generating foreign exchange revenue and improving local food security. The trade in high-value fish species, such as tuna and squid, helps underpin domestic fisheries and supports the livelihoods of thousands of people.

Family firms perform better than other businesses

A study published in the June issue of Family Business Review found that family businesses have a significant edge over non-family firms. The research measured firm performance across various metrics, including profitability, workforce management, and economic output, concluding that family-led companies tend to excel in these areas.

SourceBlackwell Publishing Ltd.·JournalFamily Business Review·DateJun 20, 2006

Wal-Mart equals higher poverty rates

A recent study published in Social Science Quarterly reveals a link between Wal-Mart's expansion and increased poverty rates in local communities. The authors found that the arrival of large retail chains like Wal-Mart leads to the displacement of small businesses, resulting in reduced local leadership capacity.

SourceBlackwell Publishing Ltd.·JournalSocial Science Quarterly·DateMay 17, 2006

Foreign companies exaggerated job targets, claims study

A new study by Newcastle University reveals that many foreign-owned plants in the North East England fell short of their promised job creation targets. The research team found that firms which received special financial assistance were more likely to achieve their employment goals, but those involved with Invest UK were less likely to ...

SourceNewcastle University·JournalOxford Bulletin of Economics and Statistics·DateNov 22, 2004

Yale environmental journal translated into Chinese

The Yale Environmental Journal has been translated into Chinese to promote high-quality scientific research and communication on the global environment. The 'circular economy' is a crucial aspect of China's environmental policy, emphasizing loop closing and recycling to achieve sustainable economic growth.

SourceYale University·JournalJournal of Industrial Ecology·DateNov 12, 2004

Challenges facing a changing rural America

The book Challenges for Rural America in the 21st Century examines rural social change, economic transformation, and policy implications. Key findings include unevenly spread gaming benefits, elder care challenges, and the need for rural communities to adapt to a decentralized system.