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Knowledge Spillover
Knowledge spillover is an exchange of ideas among individuals.Carlino, Gerald A. (2001) Business Review Knowledge Spillovers: Cities' Role in the New Economy.'' Q4 2001. In knowledge management economics, knowledge spillovers are non-rival knowledge market costs incurred by a party not agreeing to assume the costs that has a spillover effect of stimulating technological improvements in a neighbor through one's own innovation. Such innovations often come from specialization within an industry. A recent, general example of a knowledge spillover could be the collective growth associated with the research and development of online social networking tools like Facebook, YouTube, and Twitter. Such tools have not only created a positive feedback loop, and a host of originally unintended benefits for their users, but have also created an explosion of new software, programming platforms, and conceptual breakthroughs that have perpetuated the development of the industry as a whole. The adv ...
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Federal Reserve Bank Of Philadelphia
The Federal Reserve Bank of Philadelphia — also known as the Philadelphia Fed or the Philly Fed — headquartered at 10 Independence Mall in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern and central Pennsylvania, the nine southern counties of New Jersey, and Delaware. Its geographical territory is by far the smallest in the system, and its population base is the second-smallest (next to the Federal Reserve Bank of Minneapolis). The current President of the Philadelphia Fed is Patrick T. Harker. The Philadelphia Fed conducts research on both the national and regional economy. Its regional manufacturing index is the second of the regional manufacturing reports released every month (the New York Fed's Empire State Index is now released earlier), but it is still very important to the financial community as a proxy for nationwide manufacturing conditions. The Federal Reserve Bank of Philadelphia publishes a quarterly s ...
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Without
Without may refer to: * "Without" (''The X-Files''), an episode in the eighth season of ''The X-Files'' * "without", an English preposition * "Without", a film that premiered at the 2011 Slamdance Film Festival * "Without", a song by Jack Savoretti from the album ''Between the Minds'', 2007 * "Without", a song by Brett Kissel from the album ''What Is Life? ''What Is Life? The Physical Aspect of the Living Cell'' is a 1944 science book written for the lay reader by physicist Erwin Schrödinger. The book was based on a course of public lectures delivered by Schrödinger in February 1943, under the ...
'', 2021 {{disambiguation ...
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Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies ...
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Semiconductor Industry
The semiconductor industry is the aggregate of companies engaged in the design and fabrication of semiconductors and semiconductor devices, such as transistors and integrated circuits. It formed around 1960, once the fabrication of semiconductor devices became a viable business. The industry's annual semiconductor sales revenue has since grown to over , as of 2018. The semiconductor industry is in turn the driving force behind the wider electronics industry, with annual power electronics sales of £135billion () as of 2011, annual consumer electronics sales expected to reach by 2020, tech industry sales expected to reach in 2019, and e-commerce with over in 2017. In 2019, 32.4% of the semiconductor market segment was for networks and communications devices. In 2021, the sales of semiconductors reached a record $555.9 billion, up 26.2 percent with sales in China reaching $192.5 billion, according to the Semiconductor Industry Association. A record 1.15 trillion semiconduct ...
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Business Parks
A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically situated near major highways or roads for easy access. Criticism While business parks can provide many benefits, such as providing employment opportunities and boosting the local economy, they can also have negative impacts on surrounding areas and communities. The impact of business parks on surrounding areas and communities has been criticized: *Large gaps between urbanized zones, increasing the suburban sprawl. *The appearance of the buildings. *Obsolescence, vacancy, and disrepair. To mitigate these negative effects, businesses and developers can take steps such as incorporating green spaces and sustainable design features into the business park, as well as maintaining and updating the buildings to prevent obsolescence. See also ...
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Common
Common may refer to: Places * Common, a townland in County Tyrone, Northern Ireland * Boston Common, a central public park in Boston, Massachusetts * Cambridge Common, common land area in Cambridge, Massachusetts * Clapham Common, originally common land, now a park in London, UK * Common Moss, a townland in County Tyrone, Northern Ireland * Lexington Common, a common land area in Lexington, Massachusetts * Salem Common Historic District, a common land area in Salem, Massachusetts People * Common (rapper) (born 1972), American hip hop artist, actor, and poet * Andrew Ainslie Common (born 1841), English amateur astronomer * Andrew Common (born 1889), British shipping director * John Common, American songwriter, musician and singer * Thomas Common (born 1850), Scottish translator and literary critic Arts, entertainment, and media * ''Common'' (film), a 2014 BBC One film, written by Jimmy McGovern, on the UK's Joint Enterprise Law * Dol Common, a character in ''The Alchemist' ...
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Andrei Shleifer
Andrei Shleifer ( ; born February 20, 1961) is a Russian-American economist and Professor of Economics at Harvard University, where he has taught since 1991. Shleifer was awarded the biennial John Bates Clark Medal in 1999 for his seminal works in three fields: corporate finance (corporate governance, law and finance), the economics of financial markets (deviations from efficient markets), and the economics of transition. IDEAS/RePEc has ranked him as the second top economist in the world, and he is also listed as #1 on the list of "Most-Cited Scientists in Economics & Business". He served as project director of the Harvard Institute for International Development's Russian aid project from its inauguration in 1992 until 1997,Wedel, Janine. Shadow Elite: How the World's New Power Brokers Undermine Democracy, Government, and the Free Market. New York: Basic, 2009. where he and his associates made Russian investments, and settled a lawsuit from the U.S. government for such a violatio ...
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José Scheinkman
José Alexandre Scheinkman (born January 11, 1948) is a Brazilian economist, currently the Charles and Lynn Zhang Professor of Economics at Columbia University and the Theodore A. Wells '29 Professor of Economics Emeritus at Princeton University. He spent much of his career at the University of Chicago, where he served as department chair immediately prior to his departure for Princeton. He is best known for his work in mathematical economics (particularly dynamic optimization) and finance, oligopoly theory and the social economics of cities and crime; he also helped spur the development of work at the intersection of economics, finance and physics. Scheinkman also famously pioneered the now-ubiquitous application of academic financial theory to practical risk management of fixed incomes during a leave he took as Vice President in the Financial Strategies Group at Goldman, Sachs & Co. during the late 1980s. Early life Scheinkman's parents, Samuel and Sara, were members of Rio ...
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Hedi Kallal
Hedi may refer to: Geography *Hedi language Afro-Asiatic language of Cameroon and Nigeria *Hedi List of prisons in Shanxi province *Hedi List of township-level divisions of Zhejiang Film *Hedi (film) People *Hédi (name), list of people with the name Acronyms *Healthcare Effectiveness Data and Information Set (redirect from HEDIS) {{dab Other * Hedi, an economic policy of ancient China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
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Edward Glaeser
Edward Ludwig Glaeser (born May 1, 1967) is an American economist and Fred and Eleanor Glimp Professor of Economics at Harvard University. He is also Director for the Cities Research Programme at the International Growth Centre. He was educated at The Collegiate School in New York City before obtaining his A.B. in economics from Princeton University and his Ph.D. in economics from the University of Chicago. Glaeser joined the faculty of Harvard in 1992, where he is currently (as of January 2018) the Fred and Eleanor Glimp Professor at the Department of Economics. He previously served as the Director of the Taubman Center for State and Local Government and the Director of the Rappaport Institute for Greater Boston (both at Harvard Kennedy School). He is a senior fellow at the Manhattan Institute, and a contributing editor of ''City Journal''. He was also an editor of the ''Quarterly Journal of Economics''. Glaeser and John A. List were mentioned as reasons why the AEA committee ...
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Paul Romer
Paul Michael Romer (born November 6, 1955) is an American economist and policy entrepreneur who is a University Professor in Economics at New York University. Romer is best known as the former Chief Economist of the World Bank and for co-receiving the 2018 Nobel Memorial Prize in Economic Sciences (shared with William Nordhaus) for his work in endogenous growth theory. He also coined the term "mathiness," which he describes as misuse of mathematics in economic research. Before joining NYU, Romer was a professor at the University of Chicago, the University of California, Berkeley, Stanford University's Graduate School of Business, and the University of Rochester. Romer was chief economist and senior vice president of the World Bank until he resigned in January 2018 following a controversy arising from his claim of possible political manipulation of Chile's "ease of doing business" ranking. Romer took leave from his position as professor of economics at NYU when he joined the ...
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Kenneth Arrow
Kenneth Joseph Arrow (23 August 1921 – 21 February 2017) was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in Economic Sciences with John Hicks in 1972. In economics, he was a major figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Memorial Prize themselves. His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information. Education and early career Arrow was born on 23 August 1921, in New York City. Arrow's mother, Lilian (Greenberg), was from Iași, Romania, and his father, Harry Arrow, was from nearby Podu Iloaiei. The Arrow family were Romanian Jews. His family was very supportive of his ...
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