Category Archives: Technology

Lifting the Lid on Open Source Hardware

Clive Thompson describes how an Italian group applied open source principles to hardware for the Arduino microcontroller circuit board, a device that can monitor and respond to sensors, control small motors and the like.  Over 50,000 units have been sold worldwide since mass production began. This is NOT open source software that runs inside of… Continue Reading

Contract Provisions for Troubled Times: Part 1 Getting Paid (Technology Law Letter#1)

Contract Provisions for Troubled Times: Part 1  Getting Paid Successful business people know that the activities they monitor and manage are the ones most likely to succeed. Getting paid is the top priority of almost all businesses. In a difficult economy, this means that, more than ever, you have to focus on making sure your… Continue Reading

Size of the Intangible Economy

How large is the intangible economy in the U.S.? U.S. businesses invest about $1 trillion in intellectual property and other intangible assets, according to a study by the Federal Reserve Board.  That’s as much as they invest in equipment and other tangible investments. Intangible assets, including intellectual property, constitute nearly 1/3 of the value of… Continue Reading

Tension between Quality Methodologies/Six Sigma and Innovation

Business Week ran an interesting cover story about the tensions between quality methodologies such as Six Sigma, and innovation and creativity. In sum, "while process excellence demands precision, consistency, and repetition, innovation calls for variation, failure and serendipity."  According to Management Professor Vijay Govindarajan, "the more you hardwire a company on total quality management, [the… Continue Reading