A shifting world balance of R&D power

Article Abstract:

Several leaders from government, industry and academia assess the impact of reorganization of research and development (R&D) strategies internationally. US Department of Commerce undersecretary of technology, Robert M. White; the German Fraunhofer Society for Systems and Innovation Research director of the technological change department, Hariolf Grupp; NEC Corp executive advisor, Michiyuki Uenohara; University of Tokyo professor Toshiaki Ikoma, Rensselaer Polythehnic Institute president, Roland Schmitt; National Institute of Science and Technology Policy director-in-research, Fumio Kodama; and Alfred P. Sloan Foundation Pres Ralph E. Gomory are quoted. The general consensus among the experts is that the US is not likely to lose the lead in basic research due to the fact that no other nation has a comparable infrastructure. Eastern Europe may soon be an R&D power. The US may lack R&D specialists in the future.

Industrial research, Technology, International markets, Research and Development, Competition, Analysis, World Market, International

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Engineers in profile

Article Abstract:

Several personal profiles of defense engineers who made the switch to civilian jobs are discussed. The profiles trace the educational background, past employment in the defense industry, job search and current work of the engineers. Featured are Richard Slocum of Kaiser Permanente, Barry Beggs of Northern Telecom Inc, C. Lee Giles of NEC Corp, Thomas Helmer of UGC Consulting and Ivan Ash of Arbitron Co. Other engineers who successfully managed a transition to commercial interests, either through redirecting corporate commitments or becoming entrepreneurs, are Jean Eason, Jan Werthen, George Zdasiuk and Derek Cheung. Eason and Werthen were previous employees of Bell Helicopter-Textron Inc and Varian Associates, respectively, while Zdasiuk and Cheung are currently leading efforts at Varian Associates and Rockwell International Corp's Science Center to develop commercial products.

Officials and employees, Reports, Employment, Career changes, Defense industry, Career development, Engineers, Military, Field Engineers, Case Study

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Electronic banking goes to market

Article Abstract:

The cashless society is getting closer. The introduction of point-of-sale (POS) debit systems are making even trips to the ATM unnecessary. A POS system connects three businesses: the retailer, the switching company through which the transaction is routed, and the financial institution, usually a bank. ISO standards have finally made it possible for POS terminals to accept any banks cards. Before standardization, it could not be done. Today retailers are buying and installing POS terminals without looking to banks for subsidies. Operating costs are still often a matter of contention, and arrangements in installed units remain closely guarded secrets.

Automated teller machines, POS Systems, Financial Services, Banking, Bank Teller Terminals

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