Word: helping
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...practical level, Malmgrem's research could help explain a range of other apparently unique human behaviors, like running errands, making phone calls, checking books out of the library and doing homework. In the meantime, the study offers at least a few possible excuses for why it's taken you so long to respond to that e-mail from your mother - like "The universal mathematical model made me do it," or maybe "You wouldn't complain if I were Einstein...
...people have lots of friends and family to keep in touch with, while others are naturally more solitary. And circumstances can change over time. "In the early part of his life," says Malmgren, "Einstein didn't write many letters. Later, as he became famous - and had a secretary to help him - he wrote a lot more. Freud was steadier. Each had a personal writing rate...
...Instead, government planners are banking on GEM to help SMEs get access to capital, augmenting previous initiatives such as the Small and Medium Enterprises Board that the Shenzhen bourse set up in 2004 and state funding for the domestic private equity sector to supply SMEs with venture capital and other funding. GEM, in particular, is regarded as a platform to jumpstart ventures that could dominate China's post-crisis economic environment, in which heavy industry and manufacturing is supposed to take a back seat to higher "value-added" and consumer-focused businesses. It is no coincidence that some in local...
...seems bad timing, then, for the Shenzhen Stock Exchange to be launching the country's first Nasdaq-style board in October. After dithering for nine years, mainland regulators finally approved the bourse's proposal for a Growth Enterprise Market (GEM), which aims to help technology and other innovation-oriented start-ups get off the ground. Of the 150 companies that have applied to launch initial public offerings, 22 have won approval. Last week, the first batch of 10 enterprises in electronics, software, pharmaceuticals and biotechnology started accepting subscriptions from domestic investors (foreigners are excluded). (See pictures of China's infrastructure...
...Board in Shenzhen is doing better, having listed 293 firms with total market cap of $80 billion, equivalent to about 11% of the main board's. Still, the odds are that GEM and other initiatives may not do much to help China's private sector. The country's rulers may yet be forced to move more aggressively to stop state-owned enterprises from sucking up all the oxygen in the banking system, and do so sooner rather than later...