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...also rapidly emerging. For example, Motorola, Capgemini and Delphi are all setting up R&D centers in Krakow, Poland. Companies accustomed to keeping their R&D operations at home may end up missing important opportunities, says Spelman, because innovation is no longer confined to traditional research havens such as Silicon Valley. He points out that 12% of all nanotechnology patents are now held in China-an indication that cutting-edge technologies are increasingly being developed in new markets...

Author: /time Magazine | Title: Corporate Survey | 1/18/2007 | See Source »

Apple's superiority complex can inspire resentment, which is one reason for some of the Silicon Valley schadenfreude over Jobs' current stock-options woes (see sidebar). An internal investigation has cleared Jobs, but a federal investigation and a shareholder lawsuit are still going forward. (Jobs declines to talk about the options issue.) Taking pleasure in seeing a special person knocked down to size is a great American pastime. But there's no point in pretending that Jobs isn't special. A college dropout whose biological parents gave him up for adoption, Jobs has presided over four major game-changing product...

Author: /time Magazine | Title: The Apple Of Your Ear | 1/12/2007 | See Source »

...grill manned by chefs who wielded steak knives like samurai. And there was the fugu - the poisonous blowfish delicacy that can cost your life if prepared incorrectly, and which can cost you $50 or more when ordered at a restaurant. I braved the fugu sashimi, cut in silicon-thin slices. It did not, as I expected, taste like death; it tasted more like record corporate earnings...

Author: /time Magazine | Title: Blowfish With the Corporate Elite | 1/11/2007 | See Source »

...cycling gloves," says Kesel, who gets around the city on a bike. "If I'm patient, a used pair will turn up in someone's garage." Compacters surf through websites such as Freecycle and PaperBackSwap. They troll thrift shops and swap meets. One of the founders, a Silicon Valley marketer, found a sewing machine and a 10-ft. artificial Christmas tree on Craigslist - both free. Another couple got free mis-mixed paint from hardware stores and made do with a second-hand shower curtain. New underwear is allowed, and a few other lapses are tolerated: a drama teacher couldn...

Author: /time Magazine | Title: The Year of Living Thriftily | 1/7/2007 | See Source »

Fukui is not alone. From Bentonville, Ark., where Wal-Mart has embarked on ambitious pro-environment policies, to Silicon Valley, where high-tech venture capitalists are pouring hundreds of millions into renewable energy, 2006 was the year corporations began acting as if their existence--like the rest of the planet's--was tied to the environment. While Washington dithers, Wall Street is acting, driven by rising fuel prices that punish inefficiency and by the growing realization that climate change could ruin corporate leaders who continue to deny...

Author: /time Magazine | Title: How Business Saw the Light | 1/5/2007 | See Source »

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