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U.S. Manufacturers Bringing Work Home from Overseas

By Guest PostOctober 3, 2012Economyaerospace, chain, China, cultural barrier, defense, domestic soil, Economy, electronics, erosion, expert, factor, firm, global risk, India, industry, intellectual property, kenneth petersen, labor cost, language, lisa ellram, manufacturing operation, medical, michigan, oil price, overseas, political instability, problem, product quality, state university, supply, surgical supplies, time zone, tobias schoenherr, transportation cost, united states, US, wendy tate

EAST LANSING, Mich. — Increasingly, U.S. firms are moving or considering moving their manufacturing operations back to domestic soil from overseas, finds a new study co-authored by a Michigan State University supply chain expert.

Fueling the trend are rising labor costs in emerging countries, high oil prices and increasing transportation costs, global risks such as political instability and other factors, said Tobias Schoenherr.

“Going overseas is not the panacea that it was thought of just a decade or so ago,” said Schoenherr, assistant professor in MSU’s top-ranked Department of Supply Chain Management. “Companies have realized the challenges and thus are moving back to the United States.” (more…)

Late-Night Comedy Television Increases Political Discussion

By Guest PostSeptember 17, 2012Politicsbehavioral intention, comedy, daily show, david letterman, democrat, disney resort, Economy, effective, emotion, gender breakdown, image, jay leno, jon stewart, late show, michigan, nbc, nightly news, orlando, political candidate, political news, republican, television host, tonight show, university, video clip

ANN ARBOR, Mich.— The jokes by late-night comedy television hosts can be just as effective as regular political news in spurring discussion among viewers, a new University of Michigan study shows.

In addition, political candidates could help their campaigns with mentions by shows like “The Daily Show with Jon Stewart,” “Late Show with David Letterman” or “The Tonight Show with Jay Leno.” (more…)

Wind Power’s Potential

By Guest PostSeptember 12, 2012Environment3d, atmospheric circulation, carbon dioxide, clean energy, climate impact, coastal ocean, cristina archer, delaware, Economy, energy demand, energy output, energy potential, Environment, environmental impact, fundamental barrier, future energy, gator gcmom, german, global, global scale, mark jacobson, physical model, saturation, stanford university, surface temperature, university, water vapor, wind, wind turbine

UD-Stanford team calculates maximum global energy potential from wind

Wind turbines could power half the world’s future energy demands with minimal environmental impact, according to new research published by University of Delaware and Stanford University scientists in the Proceedings of the National Academy of Sciences.

The researchers arrived at the determination by calculating the maximum theoretical potential of wind power worldwide, taking into account the effects that numerous wind turbines would have on surface temperatures, water vapor, atmospheric circulations and other climatic considerations.

“Wind power is very safe from the climate point of view,” said Cristina Archer, associate professor of geography and physical ocean science and engineering at UD. (more…)

How Technology is Changing Kenya

By Guest PostSeptember 10, 2012Economy, Technologyafrica, big name, blog, business, changing, data, data collection, Economy, everyday life, facility, forefront, healthcare, information technology, internet, julie, Kenya, kenyans, next, online map, online resource, paul, portable, provider, smart phone, startup, Technology, wife

It is not often you think about how technology can affect an entire country, but the upsurge of affordable smart phones and portable internet have made a huge impact on the everyday lives on Kenyans. Not only do people now have access to things around the world, but they also have educational and health opportunities they have never had before. The idea of using smart phones as makeshift computers is nothing new, especially in developing countries. Where the income is limited, a smartphone can be a costly expense. However, having access to current technology will allow Kenyans to expand and grow in the world economy. To that end, here are some examples of improvements that new technology has had in the lives of Kenyans: (more…)

Analysis of Election Factors Points to Romney Win, University of Colorado Study Says

By Guest PostAugust 23, 2012Politicsanalysis, Barack Obama, colorado, democracy, democrat, Economy, election, electoral college, factor, florida, kenneth bickers, michael berry, minnesota, new hampshire, north Carolina, ohio, Pennsylvania, prediction model, republican, romney, trajectory, university of colorado, us president, virginia, White House, wisconsin

A University of Colorado analysis of state-by-state factors leading to the Electoral College selection of every U.S. president since 1980 forecasts that the 2012 winner will be Mitt Romney.

The key is the economy, say political science professors Kenneth Bickers of CU-Boulder and Michael Berry of CU Denver. Their prediction model stresses economic data from the 50 states and the District of Columbia, including both state and national unemployment figures as well as changes in real per capita income, among other factors.

“Based on our forecasting model, it becomes clear that the president is in electoral trouble,” said Bickers, also director of the CU in DC Internship Program. (more…)

Press Freedom Leads to Happiness, Environmental Quality, MU Study Finds

By Guest PostAugust 9, 2012Culture, Media, Politicsbruno takahashi, democracy, Economy, edson tandoc, environmental degradation, environmental quality, freedom, government, happy, information, life satisfaction, predict, press, united nations, university of missouri

COLUMBIA, Mo. — Freedom of the press is viewed by many as a cornerstone of democracy. But can it actually help improve people’s lives and make them happy? Researchers at the University of Missouri have found that citizens of countries with press freedom tend to be much happier than citizens of countries without free presses. Edson Tandoc, Jr., a doctoral student in the MU School of Journalism, says that press freedom directly predicts life satisfaction across the world.

“We already know that having reliable, objective news sources can benefit democracy, but in this study, we found that press freedom also benefits communities by helping improve the overall quality of life of citizens and, in the process, by also making them happier,” Tandoc said. “People enjoy having an element of choice about where they get their news. Citizens of countries without a free press are forced to rely on the government for information, when what people really want is diversity in content where they are free to get the information they want from the source of their choosing.” (more…)

Global Expansion All About Give And Take, Study Finds

By Guest PostJuly 28, 2012Economy, Politicsahmet kirca, Economy, effect, expansion, global business, global strategy, globalization, leverage, michigan state university, multinationality, synergy, tomas hult

EAST LANSING, Mich. — The key to successful global business expansion is spreading operations across multiple countries, rather than trying to dominate a region or market, according to a new study led by Michigan State University researchers.

In addition, since global expansion is costly for service industries, manufacturing industries will profit most, said Tomas Hult, director of MSU’s International Business Center.

Led by Hult and Ahmet Kirca, associate professor of marketing, the study is the largest ever conducted to examine the effect of multinationality on firm performance, Hult said. It incorporates data from nearly 48,000 firms. (more…)

IBM Helps Altyntau Resources Find Gold in Kazakhstan

By Guest PostJuly 20, 2012Economy, Technologyadam dosymov, altyntau resource, central asia, cis, Economy, gmcs, gold in kazakhstan, gold ore deposit, gold per annum, gold producer, gold production, gold recovery plant, ibm, ibm in kazakhstan, industry, jsc altyntau resources, kazan, kazhibekov ilyas, kokshetau, krasnoyarsk, mine, mining operation, moscow, perm, rostov on don, russia, st. petersburg, vasilkovskoye, yekaterinburg

Kazakh Gold Producer to Improve Gold Yield with IBM Business Analytics

Armonk, N.Y. – 20 Jul 2012: IBM has announced that it is working with JSC Altyntau Resources, a leading gold producer in Kazakhstan, to provide a new business analytics system to help the company to improve gold yields and increase the profitability of its operations.

The new system will enable the gold producer to centralize and quickly analyze data about its mining operations. It includes a dashboard of important information enabling the company’s management team to make informed decisions about which ore to mine and which extraction processes to use to achieve the best return on investment. Once the project is complete, JSC Altyntau Resources will be able to speed up its annual financial planning cycle from two months to two weeks and ensure that investors are kept informed on the company’s operations and forecasts. (more…)

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