Word: product
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Dates: during 1980-1989
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Small enterprises serve as incubators of U.S. innovation. The National Science Foundation estimates that 98% of "radical" product developments spring from the research labs of small firms. "Why did the large employers allow the entrepreneurs to escape?" asks Frederic Scherer, an economics professor at Swarthmore College. "There is one story after another where superior ideas were rejected by the larger companies and disgruntled staff went out to found their own enterprises...
Once dominant mainly in manufacturing, Japan's giant electronics companies are sharpening their edge in product development as well. Reason: manufacturing profits have bankrolled research and development. Japan now leads the U.S. in twelve of 25 strategic chip technologies, has pulled abreast in eight others, and is catching up in the remaining five...
...heavy capital base to pay for research, computer networks, manufacturing systems and worldwide organizations for sales and customer support. Upstart U.S. firms, too small to bankroll their own factories, often turn to Japanese companies for manufacturing help or sell their key technologies to raise capital for expansion and product development. A common result: the erosion of overall U.S. market share...
...obvious option to physical abuse, why do . singles stay in stormy relationships? "A big part of it is the phenomenon I call Too Much Invested to Quit," says James Koval, a therapist who counsels couples in Long Beach, Calif. "We as a society are focused on a product, and that product is a partner. To make a decision about leaving a relationship is extremely tumultuous because of the total sense of loss." Unwed couples also tend to hide their private violence from others -- perhaps even more so than marrieds. Says Abbie Meyering, a Dallas psychologist: "Violence runs from the light...
...last, be where the head is. Last week the Food and Drug Administration approved a prescription medicine that increases hair growth in some men whose hair is thinning on top but not completely gone. Marketed by the Upjohn Co. under the trade name Rogaine, it is the first product ever cleared by federal regulators for treating hair loss. Its key ingredient: minoxidil, a highly touted drug that, in tablet form, had already been approved to treat high blood pressure. Only by accident did researchers discover that minoxidil could also regrow hair. Anticipating a vast new market for the drug, Upjohn...