Capital idea

Term-spotting with TransCheck: A Capital Idea

TransCheck, the RALI’s automatic translation checker, has recently undergone a field trial at the Government Translation Service of Ontario, where the system was used not only to detect inconsistent terminology, but also to find new source language terms in texts sent to outside translation suppliers. We describe a specialized term-spotting module developed in the course of that trial to assist...

The Capital Idea and the Scope of Economics

This paper traces the idea of Capital from Adam Smith to modern times and shows how different conceptions of Capital give rise to different approaches to economics and the range of problems that can be investigated. A structural, as opposed to a stock, approach to Capital is shown to be more conducive to a studies of business institutions and practices, and to rules, institutions and standards ...

Taxing Capital is Not a Bad Idea Indeed: The Role of Human Capital and Labor-Market Frictions

In a second-best optimal growth setup with only factor taxes as available instruments, is it optimal to fully replace capital by labor income taxation? The answer is generally positive based on Chamley, Judd, Lucas, and many follow-up studies. In the present paper, we revisit this important tax reform-related issue by developing a human capitalbased endogenous growth framework with frictional l...

Idea Generation and the Quality of the Best Idea

I a wide variety of settings, organizations generate a number of possible solutions to a problem—ideas—and then select a few for further development. We examine the effectiveness of two group structures for such tasks—the team structure, in which the group works together in time and space, and the hybrid structure, in which individuals first work independently and then work together. We define ...

Module: Idea Evaluation ________________________________ 1 Idea Evaluation Methods and Techniques