The utilization of technology assistance by small manufacturers

This paper examines the extent to which small manufacturers in the Nashville metropolitan area have installed the latest technology and used external public and private sources of technical information. A mail survey of 404 manufacturing firms was conducted with 123 firms responding. Results indicate that small manufacturers in Nashville need technological assistance and that the existing assistance network (e.g., federal and state assistance agencies) is not effectively serving this need.     

Modernizing small manufacturers in Japan: The role of local public technology centers

Japan's hundreds of thousands of small manufacturing enterprises not only provide high-quality inputs to large Japanese companies, but also are becoming innovators and growth generators in their own right. In addition to help from larger customers, small Japanese companies can call upon an array of public support mechanisms, including about 170 local Kohsetsushi examination and technology centers which provide research, testing, training, and guidance for firms with under 300 employees. With their intensive geographical coverage, broad range of technical services, and nominal fees, these centers offer small Japanese firms a readily available and effective source of assistance to improve their manufacturing operations, technology, and products. After reviewing the changing context for small manufacturers in Japan, the article examines the role of local Kohsetsushi centers in small firm modernization. This article considers the history, organization, and services of the Kohsetsushi system, explores the operation of five case study centers, and discusses how small Japanese firms benefit from Kohsetsushi services. Finally, there is an assessment of the strengths and weaknesses of the Kohsetsushi system.     

The impact of foreign and state ownership on post-transition industrial concentration: the case of Polish manufacturing

This paper reports an analysis of the determinants of the level and changes in Polish industrial concentration in the early post-transition era. In particular, the relative effects of foreign and state ownership are examined. The empirical evidence is based on a panel of 144 Polish manufacturing industries over the period 1989–1993. The results suggest that both state and foreign ownership have a significant impact on industry concentration and this relationship is U-shaped. Minimum efficient scale is found to be the only other factor to impact on industry concentration.     

Are these food products fraudulent? Rapid and novel triplex-direct PCR assay for meat identification

Unintentional contamination and fraudulent labeling of food, especially in halal-certified products, breach both religious and international laws. DNA-based methods are widely employed to identify trace amount of contaminants for law enforcement. Direct PCR has proved successful in the DNA analysis from degraded samples and PCR-inhibited samples, but it has never been applied to meat identification from food products. In this study, we aimed to develop a multiplex direct PCR assay for simultaneous identification of three commonly consumed meats without the need to extract DNA. Species-specific primers were designed from the mitochondrial DNA using the alignment of sequences available on GenBank. The assay was validated for its specificity, sensitivity, and usefulness in market sample analysis. The results showed that a highly specific and sensitive multiplex direct PCR assay was developed and provided the expected PCR fragment of approximately 100, 119, and 133 bp for pork (Sus scrofa), mutton (Ovis aries), and chicken (Gallus gallus), respectively. Thirty-nine market samples were tested and a small number of fraudulent labeling was detected. In conclusion, we developed a rapid and inexpensive test for three meat species. This cost- and time-saving assay could be easily adopted in the world food hubs, which are mostly third-world countries.     

Private Regulation of Food Safety by Supermarkets

Food safety is a highly debated issue. Food industry organizations, retailers and national and transnational governments have been trying to find new ways to regulate food safety. Can private regulation of food safety meet the high expectations? A review of existing literature shows some conditions to be important for effectively protecting public interests by private regulation. In particular, retailers worldwide are actively engaged in setting food safety standards for their suppliers. A case study of food safety regulation by Dutch retailers shows that they can force food industry organizations and producers to accept food safety standards because of their economic (market) power.     

Profiles of State Technological Transfer Structure and Its Impact on Small Manufacturers

This paper presents the results of an empirical examination of the methods 10 state agencies use in coordinating technology assistance to small manufacturers. The strategies that agencies use to transfer technology are evaluated in light of 15 economic variables. Where appropriate, regression analysis was used to measure the impact of these variables on the growth rate of small manufacturers. State assistance strategies were determined by mailing a questionnaire to the chief technology transfer officer in each of the states. Survey participants were asked to discuss the mission, goals, degree of goal accomplishment, and size of budget/staff. The study compares their responses and discusses how these agencies might improve the transfer process.Five economic variables were found to be significantly related to the number of small manufacturers in a state. However when growth rates of the significant variables and small manufacturers were compared the results were not as clear. The states with the fastest growth rates of small manufacturers did focus their technical assistance on small firms. These states tended to place a priority on providing technical assistance to small manufacturers.     

Industry/university licenses: A negotiating strategy

A lament often heard from U.S. industry licensing executives about their university (“university” refers to universities, not-for-profit research institutions, and hospitals) counterparts is, “they (university technology licensing officers) just don't understand business.” Conversely, university licensing managers criticize their industry counterparts for not understanding (or even trying to understand) the mission and constraints of university technology transfer. University licensing managers also accuse their industry counterparts as being predatory and seeking to take unfair advantage of university technology licensing opportunities. The purpose of this paper is to enhance the dialog between university licensors and industry licensees. This paper reviews the basis of university licensing, decries the focus on financial considerations, suggests references for further study of valuation and pricing issues, delineates companies' and universities' needs in licensing embryonic university technologies, and proposes a negotiation strategy.     

Consolidation and Competition in Emerging Market: An Empirical Test for Malaysian Banking Industry

This paper investigates the effect of bank consolidation on market structure and competition in Malaysian banking industry during the years of 1998–2005. The study evaluates the degree of competition using H-statistic proposed by Panzar and Rosse (1987 Testing for monopoly equilibrium. J Ind Econ 35:443–456). The estimated H-statistics are positive ranging from 0.53 to 0.81 and the Wald test for the market structure for monopoly or perfect competition is rejected. The results imply that the financial institutions in Malaysia earned their revenue in the condition of monopolistic competition with the traditional interest-based market is significantly less competitive than the overall market. The evidence is however insufficient to show that there is an increase in competition due to a change in the market structure. Thus, the findings suggest that additional competition policy is needed to ensure competition in the Malaysian banking market in view of further consolidation in the banking sector.     

Technology transfer to a major manufacturing industry: Case study of a state's approach

The paper presents the state of Alabama's approach to the transfer of technology to the apparel-manufacturing industry. The technology-transfer program has been under way for three years. This paper summarizes the highlights of the program, the approach to transferring technology, and the lessons learned.     

Innovative economic development: The Georgia Environmental Technology Consortium

Case studies demonstrate how the Georgia Environmental Technology Consortium (GETC), a partnership between the research universities, the business community, and the state government, fosters economic development in Georgia. The technology managers, scientists, and engineers in the GETC provide environmentally sound, innovative solutions to complex industry problems improving economic development in the state. Gifts that people took for granted for centuries are clean air, water, and soil. These are now threatened. There are also dangers in the workplace. Employees are faced with workplaces which can be hazardous. In this paper we see the GETC dedicating substantial resources to natural and workplace environmental health issues. The cases cited demonstrate the technology transfer of university research into industry applications. The resulting environmentally responsible products and processes improve the general public health and the competitive position of Georgia firms, insuring more jobs and a better quality of life.     

Dark Knights Rising: The Aurora Theater and Newtown School Massacres and Shareholder Wealth

Purpose

This study analyzes the stock price impact of the Aurora theater and Newtown (Sandy Hook) school massacres on both domestic (US) and foreign theater operators and US gun manufacturers in an effort to document the economic effects of these tragedies.

Methods

The well-established “event study” methodology from the fields of economics and finance is employed to assess the impact of the shootings on the affected companies after controlling for risk and overall market movements.

Results

The Aurora theater shooting resulted in striking declines for Cinemark (the targeted theater) as well as major US competitors, but had no impact on overseas theater chains. Smith & Wesson (maker of the gun used in Aurora) showed no response, whereas Ruger (a competitor) exhibited large gains. Both Smith & Wesson and Ruger plunged after the Newtown shooting, although neither made the weapons used in the shooting.

Conclusions

Contrary to prior research on workplace homicides, the results show that random mass shootings have profound effects on targeted companies. In addition, the results suggest the presence of a very strong “contagion effect” (where negative events affecting one company impact others in the same industry). The negative responses of both publicly-traded US firearms manufacturers to the Newtown shooting suggests a “sea-change” in the debate over gun ownership in the US.     

Computer aided manufacturing technology transfer needs in Florida

Automation and computers could improve the profitability of a manufacturing organization. While automation is primarily used to perform physical manufacturing tasks, computers are used for both information-type tasks and physical manufacturing tasks. If the manufacturing operations and personnel, as well as the flow of information, material, and energy, could be integrated to perform well-planned sequences of tasks to manufacture families of products in cells, the rewards would be enhanced profitability, quality, and safety. Such an integration is generally termed “computer-integrated manufacturing” (CIM). This paper summarizes a survey designed to determine the current and future service/training needs in CIM-related technologies of Florida manufacturing industries. It also identifies a role for a technology transfer center in offering training/technical services in CIM or related technologies to these companies.     

R&D spinoffs: Serendipity vs. a managed process

This paper describes some of the spinoff benefits that can result from R&D projects, and categorizes them in terms of the dimensions of market and technical newness. These dimensions are discussed with reference to two types of spinoffs: 1) alternative market applications, when the results of an R&D project are subsequently applied to a market or use that differs from the originally intended application, and 2) second-generation technologies, when the technology that was the subject of an R&D project is significantly altered or enhanced in unanticipated ways through subsequent R&D. Examples from the Department of Energy's Energy-Related Inventions Program are integrated into the results of literature review to illustrate key concepts, including core technologies, degrees of market and technology newness, technology robustness, and the nature of connections linking spinoffs to prior R&D investments. The paper concludes by discussing spinoffs as a managerial strategy.     

Just the Fax: Federal Express meets the information age-Lessons learned in technology transfer

On July 2, 1984, the first ZapMail message was sent from Federal Express chairman Frederick W. Smith to six members of FedEx's corporate board of directors in separate cities across the country (Zemke 1986). It worked. However, by late September 1986, after suffering over $300 million in operating losses, Federal Express decided it didn't (Keller and Wilson 1986). Why? This postmortem of ZapMail draws on management and innovation theory and research, as well as historical accounts of communication technology development and market conditions from 1984 through 1986, to analyze the failure of FedEx's once-promising electronic delivery service. An analysis of the fax market in 1995 and FedEx's subsequent successful adoption of information technologies conclude this paper.     

A systematic approach to technology transfer

Pouring millions into R&;D with insufficient innovation and paltry returns? One solution: Revamp the process of bringing a product to market by integrating the efforts of technology and marketing personnel.     

Taking behavioralism seriously: some evidence of market manipulation

Over the last ten to fifteen years, economists and legal scholars have become increasingly interested in and sensitive to behavioralist insights. In a companion article, Jon Hanson and Douglas Kysar argued that those scholars have nevertheless given short shrift to what is, at least for policymaking purposes, perhaps the most important lesson of the behavioralist research: individuals' perceptions and preferences are highly manipulable. According to Hanson and Kysar, one theoretical implication of that insight for products liability law is that manufacturers and marketers will manipulate the risk perceptions of consumers. Indeed, to survive in a competitive market, manufacturers and marketers must do so. In this Article, Hanson and Kysar present empirical evidence of market manipulation--a previously unrecognized source of market failure. The Article begins by surveying the extensive qualitative and quantitative marketing research and consumer behavioral studies that discern and influence consumer perceptions. It then provides evidence of market manipulation by reviewing common practices in everyday market settings, such as gas stations and supermarkets, and by examining familiar marketing approaches, such as environmentally oriented and fear-based advertising. Although consumers may be well-aware of those practices and approaches, they appear to be generally unaware of the extent to which those tactics are manipulative. The Article then focuses on the industry that has most depended upon market manipulation: the cigarette industry. Through decades of sophisticated marketing and public relations efforts, cigarette manufacturers have heightened consumer demand and lowered consumer risk perceptions. Because consumers are aware that smoking may pose significant health risks, the tobacco industry's success in manipulating risk perceptions constitutes especially strong evidence of the power of market manipulation. The Article concludes by arguing that the evidence of market manipulation may justify moving to a regime of enterprise liability. Indeed, according to Hanson and Kysar, the evidence of market manipulation confirms the intuitions of the first generation of product liability scholars, who worried about manufacturers' power to manipulate and called for just such a regime.     

Transfer of advanced manufacturing technology from Canadian universities to industry

Although advanced manufacturing technology (AMT) is a key factor in improving North America's industrial competitiveness, there is a problem in transferring it from university to industry. This study, conducted for a Canadian governmental agency, addresses the problem by querying Canadian professors, university-liaison officers, and administrators of intermediary (broker) organizations in order to uncover the processes of AMT transfer; that is, the ways in which technical knowledge embodied in inventions is converted into outputs used by companies. Four processes, in which the critical entities are professors, universities, intermediary organizations, and spinoffs, account for what has been transferred While the first is by far the most significant currently, the third has a high future potential. An analysis of barriers suggests that while some probably inhibit all four transfer processes, others have their impacts on only one specific process. If we are going to raise the number of transfers, we must work more diligently to pinpoint the causes for low levels of transfer. Studying the barriers to university transfer in general should therefore yield information on which barriers are associated with which processes.     

Waste not, want not—A look at the impact of manufacturing extension centers

Manufacturing extension centers have helped small manufacturers improve performance on the shop floor and thereby reduce costs. This article presents a case study of a metal working firm that was able to increase productivity and profits by instituting measures recommended by a field agent working for the Florida Manufacturing Technology Center (FMTC). As a result of services provided, the company was able to boost manufacturing throughput and increase production efficiencies. Using a simulation model, the article explores how small changes in manufacturing performance can result in significant cost reduction. It then discusses the consequences of alternative strategies designed to enhance the value of goods sold, rather than lower the costs of production. It concludes by arguing that manufacturing extension centers should help companies become more distinctive as well as more efficient.     

The role of incentives in the deployment of technologies from cooperative R&D

Over 1,400 cooperative research and development agreements (CRADAs) were in place across the U.S. Department of Energy (DOE) laboratory system in May 1995—indicating that a broad sampling of industry endorses the objectives of the National Competitiveness Technology Transfer Act of 1989. The law enables DOE's contractor-operated facilities, such as Oak Ridge National Laboratory (ORNL), to collaborate with companies, industrial consortia, universities, and even state and local governments. Positive impacts cited by industrial CRADA participants thus far include the improvement of existing products and manufacturing processes, the reduction of investment risks associated with cutting-edge research, and an increased awareness of important technical trends. However, such industrial benefits are often hard to measure; that represents a potential problem for federally funded R&D institutions, where metrics associated with tangible economic impacts are assuming greater prominence. Future political support for public/private partnerships may depend on steep growth in quantitative measures of economic value, based on the sale of patented products and services. Boosting such sales in a significant way, could, in turn, depend on the consistent application of incentive-based approaches that motivate individuals and organizations to aggressively pursue technology-based commercialization goals. In Oak Ridge, Tennessee, where Lockheed Martin Energy Systems manages ORNL and other DOE research and production facilities, broadly defined incentives have played a key role in facilitating the sale of licensed products and services. Cumulative sales totaled $102,000,000 in April 1995, with several innovations just beginning to enter the marketplace after years of engineering and product development. The same factors that impact technology deployment in these “stand-alone” licenses will play a key role in the deployment of inventions arising from CRADAs.