Wednesday, March 30, 2011

The Role of Science and Technology in Currency Valuation

Bruno Cassiman, IESE Business School, UK and others talk about a variety of systems, a recent letter that link to technology companies to establish how such organizations improve their performance could be based. Our view is that analysis is associated with general economy as well, and thus the value of a country's currency.

Using a sample of Flemish firms, researchers show that when private companies to maintain relationships with schools and universities, they have improved that are not directly affiliated with our market better than innovation in particular, with respect are able to maintain performance.

An important problem in economics and often what extent science affects technological improvements have been understood. We know that schools and public open research facilities and knowledge-tech industrial development in order to have a major contribution. Consequently, the financial development is.

And recent research shows that basic research to link the private sector has increased significantly over the past decade. Data spin-offs, in collaboration with the University of company, university researchers as well as the science linkage of the individual patent shows an increase in mobility. For example, a triple patent in the United States in commercial quantities of educational materials increased through the mid-1990s.

The researchers found that the relationship of technology to "diversity" is a direct relationship to innovative performance. His work focuses on the Flemish companies, and business technology links a number of pointers to consider: (i) Supporting research and development agreements with open public research facilities and colleges (ii) public scientific information sources - universities, public research facilities, meetings associated with the use of meetings and publications to innovate, (iii) company, and, by the organization (four) to engage in scientific guide in the patent citation in medical literature.

Another paper, Cassiman et al (2008), companies, and also the link between the quality of things produced by an industry science links (ISL) the existence of the investigation. The letter is the diversity of ISLs through the organization instead focuses on the use. Paper, an initial contribution of science to industry underline hyperlink system limit (ISL) is being used by companies, need to suggest a "silver bullet" industry science links look past, the whole profile will include business technology links. Another contribution of this paper analyzes how different types of ISL ISL using these types of companies use is associated with the overall performance of real innovation is involved. Two types of analysis are presented: (a) the organization's level of economic performance indicators for innovation as many of the technologies connected to the relationship, and (b) the science between the innovation potential in addition to micro- For further dive level connections, particularly focusing on the invention. Herein they patented technology without regard for differences in high-quality assessment.

Patents than other companies - especially the science we compare this relationship with companies related to patent quality by comparing back to the level of business leads. Diversity is an essential in these ISLs. Also different types of ISL could not be conflicting. Efficiency of these links a positive relationship with the organization may not be associated with a particular type. Also, not necessarily actual support may run as expected. Patent which directly talk about science to reduce funding for further development are indeed likely to get. It's their less-than-useful character may be associated with. Companies that are active at the firm level, cooperative research and development agreement in ISL, or through the publication of the patent engaged scanning is likely to further develop community information resources. Oddly enough, in the context of the exceptional performance of companies that do not make directly between the release.

Researchers theorize that Active ISL companies with a far better understanding of basic techniques. Consequently their regular patent more valuable. Industry science links between the unions this time painting any strong policy conclusion precludes. However, some insight to additional research results can be drawn immediately.

Indicators for a number of private companies, educational institutions, and government activity in the ISL to get a representative image needs to be monitored. If these can be developed, we more accurately measure and pure science, private enterprise, and the correlation between a country's economy can forecast.

The ability to direct the government to improve their fee, interest rate, trade balance, and will attenuate the value of its currency.

Ultimately, it's an organization in exchange for their holdings, or a merchant's ability to manage the foreign exchange market abiltiy to improve profits