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Full-Text Articles in Business

Teaching The Potential Impacts Of Technology Growth On Required Rates Of Return, John D. Groesbeck Oct 2003

Teaching The Potential Impacts Of Technology Growth On Required Rates Of Return, John D. Groesbeck

Mountain Plains Journal of Business and Technology

As professors of economics and finance, we often teach that technology enhances profits, which is well and good, and probably true from a macroeconomic point of view. However, recent market experiences with respect to the technology sector show that the process of technological innovation is often messy, and subject to devastatingly high levels of risk at the firm level. It is the intent of this paper to provide financial educators with some tools to incorporate the assessment, and pricing of technology risk in the undergraduate and graduate curriculum.


American Warfare In The Twenty-First Century, Paul R. Camacho Sep 2003

American Warfare In The Twenty-First Century, Paul R. Camacho

New England Journal of Public Policy

Over the last several years there have been a number of calls for the development of a new theoretical doctrine to govern the force structure of the United States military. The last big change in doctrine occurred in the post-Vietnam era. It involved not simply the change to the all-volunteer force, but an abandonment of escalation brinkmanship and open-ended missions. The subsequent Powell Doctrine demanded the use of overwhelming force and clear objectives and boundaries for military intervention. As the new millennium approached, the deficiencies of the Powell Doctrine became apparent — the multilateral approach of coalition building and the …