From the monthly archives:

July 2009

GREEN BUSINESS – It’s no secret that America is going green. Green jobs are popping up everywhere, whether it’s the technician installing solar panels on a home, the scientist researching ways to build better batteries for electric cars, or the executive looking for ways to reduce waste, eliminate unnecessary packaging, and cut costs. Job growth in this area is expected to top 50% by 2016, nearly four times the job growth for all other occupations combined, according to the federal government. And a number of Presidential initiatives, including billions in new investments in renewable energy, energy efficiency, and energy research, are likely to accelerate that job growth.

[via BusinessWeek]

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The Life Cycle of a Business

by Erik on July 25, 2009

in Interesting, Philosophy

What is a business - anyway?  As usual, Wikipedia offers a pretty good definition:  “In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate profit.”  Not surprisingly, as is the case for any highly complex system or entity, this is just one of multiple definitions.

In quantum mechanics we learn that questions like “what is an electron?” are meaningless unless one also asks “what is your purpose in asking this question?”

An electron is sometimes best thought of as a particle, and sometimes best thought of as a wave depending on what models or measurements one is after. Similarly, one cannot separate asking what a business is from how one wants to use the answer. But I am actually most satisfied with the people-centric definition Wikipedia gives, because I truly believe it is the most important one.

[via Irving Wladawsky-Berger]

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International Business Machines has long been viewed as a barometer for corporate technology spending. And its second-quarter results, announced after the close of the market on Thursday, provided another encouraging sign for the technology sector. Yet I.B.M.’s performance, analysts say, is probably an indication that the company’s strategic steps in recent years are paying off, rather than a broad endorsement for the technology industry as a whole.

[via NYTimes]

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In a survey released in September 2008 by KPMG, the audit, tax and advisory firm, two-thirds of those polled said that green technology investment is sustainable. Almost all said they expected venture capital for start-ups producing these technologies to continue to increase in 2009. Half predicted an increase of 20 percent or more over 2008 levels. [via NYTimes]

I wonder what the current statistics look like for the first half of 2009? I have a feeling they were very close. Green is not only trendy right now, but it’s the way of the future. Green is sustainable, and makes good business sense. Message to firms out there: get in before you’re toast.

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At Wal-Mart, Labels to Reflect Green Intent

18 July 2009 Green Tech

Shoppers expect the tags on Wal-Mart items to have rock-bottom prices. In the future they may also have information about the product’s carbon footprint, the gallons of water used to create it, and the air pollution left in its wake. [via NYTimes]

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Recession sends Americans to the Internet

16 July 2009 Internet

It’s not just family and friends that Americans are turning to for advice and support to cope with the prolonged recession; many have found a counselor in the Internet.
More than two-thirds of American adults — or 88 percent of U.S. Internet users — went online for help with recession-induced personal economic issues and to gather information on national economic problems, […]

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Google Chrome OS: Be A Part of the Cloud

11 July 2009 Cloud Computing

Cloud computing could become mainstream with Google’s annoucement this week to release the Chrome operating system for NetBook PCs.
I believe the cloud is the platform of the future, and Google is uniquely poised with their already popular office suite, Google Docs, and their other Google Apps which do just about everything owners of netbooks would be […]

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A Father of Netscape Begins a Silicon Valley Venture Firm

7 July 2009 Funding

photo credit: J0nB0n
The man who popularized the Web browser has started a venture capital fund to back the next generation of new technologies.
Marc Andreessen, who co-founded Netscape, is announcing on Monday that he and Ben Horowitz, a longtime business associate, have raised $300 million that they intend to invest in technology companies. The venture capital […]

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Teenage Entrepreneurs, Building Their Own Job Engine

6 July 2009 Economy

Unemployment for 16- to 19-year-olds is at its highest rate since 1992 — at 22.7 percent in May, according to the Bureau of Labor Statistics. That is causing some teenagers to rethink their notion of work and to embrace entrepreneurship.
“This is a generation raised to believe they can do anything, and the first to grow up […]

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Clean Energy and the Future

6 July 2009 Alternative Energy

photo credit: Ennor (computer problems)
Thomas Friedman is an interesting man. For one, his book on globalization: The World Is Flat was mandatory reading at Lehigh in an intro course to Information Systems, and caused a great deal of debate on the topic during many a class session. But, his current op-ed in the New […]

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