Fall 2005 Fall 2005

Total Page:16

File Type:pdf, Size:1020Kb

Fall 2005 Fall 2005 FALL 2005 The Magazine of The Heinz Endowments INSIDE: RESPECTING YOUR ELDERS A WELCOMING LANGUAGE inside Founded more than four decades Our fields of emphasis include apart, the Howard Heinz Endowment, philanthropy in general and the established in 1941, and the Vira I. disciplines represented by our Heinz Endowment, established in 1986, grantmaking programs: Arts & Culture; are the products of a deep family Children, Youth & Families; Economic commitment to community and the Opportunity; Education; and the common good that began with Environment. These five programs work H. J. Heinz and continues to this day. together on behalf of three shared The Heinz Endowments is based in organizational goals: enabling Pittsburgh, where we use our region southwestern Pennsylvania to embrace as a laboratory for the development and realize a vision of itself as a of solutions to challenges that are premier place both to live and to work; national in scope. Although the majority making the region a center of quality of our giving is concentrated within learning and educational opportunity; southwestern Pennsylvania, we work and making diversity and inclusion wherever necessary, including statewide defining elements of the region’s and nationally, to fulfill our mission. character. That mission is to help our region thrive as a whole community — economically, ecologically, educationally and culturally — while advancing the state of knowledge and practice in the fields in which we work. h magazine is a publication of The Heinz Endowments. At the Endowments, we are committed to promoting learning in philanthropy and in the specific fields represented by our grantmaking programs. As an expression of that commitment, this publication is intended to share information about significant lessons and insights we are deriving from our work. Editorial Team Linda Bannon, Linda Braund, Maxwell King, Carmen Lee, Maureen Marinelli, Grant Oliphant, Douglas Root. Design: Landesberg Design About the cover The multi-colored Volkswagen van suggests the young and groovy experimenter that WYEP once was. After 30 years, Pittsburgh’s independent community radio station is a lot more grown up, but it hasn’t lost its passion or eclectic style. Thanks, in part, to some philanthropic nurturing, the station is financially sound and artistically respected. 4 Elders’ Wisdom As the generation of black Americans that stood in the vanguard of the modern civil rights movement begins to fade, a multi-media project “Elders: An African American Oral History,” captures personalities and pivotal memories that otherwise would be lost to western Pennsylvania history. 12 Higher Fidelity With help from the Endowments and other foundations, one of Volume 5 Number 4 Fall 2005 the country’s most successful independent community radio stations is moving its varied music mix and award-winning public affairs shows into a new $3 million home. 22 No Adult Left Behind The Greater Pittsburgh Literacy Council’s new Downtown Center, launched with state and foundation support, is helping to replace the programs that were lost when the Connelley Technical Institute and Adult Education Center closed last year. 2 Feedback 3 Message 28 Here & There Elders, page 4 feedback Our Summer 2005 issue featured the Children’s Museum of Pittsburgh’s expansion, with its new interactive attractions and dynamic design that have dramatically boosted the number of visitors to the museum. We also examined how the Cabaret at 2 Theater Square is adding new flavor to the Cultural District. From Summer 2005 Museum of Pittsburgh, I believe Michelle The Cabaret at Theater Square More Than A Great Big Place to Play Pilecki’s “A Great Big Place to Play” caught For nearly five years, I was vice president of My babysitter Jenn has taken me and my two the essence of what makes the Children’s programming at the Pittsburgh Cultural sisters and brother to the Children’s Museum Museum such a great place: It has all the Trust, so it was exciting for me to read about about 10 times this year. She plays along with qualities that make a successful community the developments in the Cultural District, us when we’re there, and I explore on my own. and then some. especially the opening of the new Cabaret My favorite part is the art place [The Studio] In one place you can experience exciting Theater. As Seth Beckerman’s article points because I like art and getting on the climb-a- and outstanding design, lots of choices of out, diversifying the mix of entertainment jumbo [Kids’ Climber]. I like playing with the things to do, and a variety of identifiable options downtown is key to ensuring a clay and I make sculptures — well, I just make places and neighborhoods that not only healthy future for the district. stuff, not like real sculptures. I like to paint engage one’s interest but also encourage Here in Charlotte, N.C., downtown resi- hearts and flowers and sometimes bunnies. I social interaction. The different activities dential development is booming. Charlotte’s like playing and painting all in the same place. are executed in an intimate and human scale most active nightlife is downtown, with I think other fun places at the museum tailored to children and adults. a large number of bars and clubs located are Mr. Rogers’ Neighborhood, the house that As a “green” building, the museum is within a six-block radius of the Blumenthal tips [the Gravity Room] and the water place environmentally and ecologically responsible. Performing Arts Center. Until a few years ago, [Waterplay]. My twin little sisters really like It preserves and revitalizes two endeared city the center was one of the few entertainment the house that tips. Tessa says she likes the way assets — the old Allegheny Post Office and the options in downtown Charlotte. Today the it makes her feel dizzy. Kelly says she almost former Buhl Planetarium — by giving them offerings and establishments continue to falls when she’s there, but she thinks that’s fun. a new life and knitting them together with a expand here, and it’s important for the I think one thing they should add is major piece of public art, a glass-and-steel Blumenthal Center to play an active role in on every Thanksgiving, Halloween, all the structure known as the “Lantern Building.” that nightlife. Performances must cater to holidays, there could be rooms that would The Children’s Museum interweaves the more than just the traditional arts audiences turn into that holiday— one for Halloween, type of economic, social and environmental that attend productions by the center’s resi- Thanksgiving, Christmas, Easter. Then on improvements we all strive for in a successful dent opera, symphony and dance companies. Thanksgiving, there could be a turkey room, community. Add to that an experiential As I enter my second season at the Blumenthal and you climb on the turkey; on Halloween, learning environment for all ages — the real Center, I also see how the Cabaret at Theater there’d be ghosts in the room and other “center” of the museum — that encourages Square plays a similar role in Pittsburgh as it scary stuff. everyone to join in and play, get their hands tries to lure audiences interested in a more If I could go to the Children’s Museum as dirty or wet, or hang out in the town square. intimate entertainment experience. much as I wanted every year, I’d go 17 times. The message is: “It’s OK to have fun. It’s even The Cabaret at Theater Square can only Tessa says she’d go 65 times and Kelly says OK to act like children.” be enhanced by galleries, clubs and other she’d go 100 times — that’s a lot. My brother But that’s not all. Just as important, and establishments that can attract a different Axel is too little to talk about the museum; perhaps more sustaining for the community, demographic to Pittsburgh’s Cultural District. he’s only 2. But I know he likes going, too. has been the coming together of people from With downtown living in Pittsburgh becom- Asher Herrmann many disciplines and interests to create this new ing easier and more attractive, the Cabaret (As dictated to her babysitter, city resource and new model for children’s should be able to become a focal point Jennifer Braund.) museums around the country. And with them of activity. Asher, 6, her 5-year-old sisters and her all the way have been the children and their Frances L. Egler brother live with their parents in Shaler, families. What comes across so clearly is the Vice President of Programming a Pittsburgh suburb. vision that was shared by everyone who touched North Carolina Blumenthal this project and the commitment to quality. Performing Arts Center As an architect, urban designer and principal Stephen Quick with the firm that provided local support to American Institute of Architects Principal, Perkins Eastman Koning Eizenberg Architecture, the Santa President, AIA Pittsburgh Monica–based designers of the Children’s message By Teresa Heinz Chairman, Howard Heinz Endowment 3 ecently, a group of girls from Pittsburgh waged The article profiles the work of the Greater a “girlcott” against Abercrombie & Fitch to protest Pittsburgh Literacy Council to continue a regional its sale of T-shirts emblazoned with messages commitment to providing recent immigrants with demeaning to women. Their campaign caught English-language training. As the story indicates, fire nationally and attracted sufficient attention my late husband was a strong advocate for such from the media that the offending T-shirts were training, which he saw as key to giving immigrants withdrawn from the market. an opportunity to become full and productive Supporting the girls in their unlikely success members of American society.
Recommended publications
  • The Role of the IMO in the Maritime Governance of Terrorism
    World Maritime University The Maritime Commons: Digital Repository of the World Maritime University World Maritime University Dissertations Dissertations 2002 The role of the IMO in the maritime governance of terrorism Lucio Javier Salonio Follow this and additional works at: https://commons.wmu.se/all_dissertations Recommended Citation Salonio, Lucio Javier, "The role of the IMO in the maritime governance of terrorism" (2002). World Maritime University Dissertations. 1265. https://commons.wmu.se/all_dissertations/1265 This Dissertation is brought to you courtesy of Maritime Commons. Open Access items may be downloaded for non-commercial, fair use academic purposes. No items may be hosted on another server or web site without express written permission from the World Maritime University. For more information, please contact [email protected]. &EMM WORLD MARITIME UNIVERSITY Malmo, Sweden THE ROLE OF THE IMO IN THE MARITIME GOVERNANCE OF TERRORISM By LUCIO JAVIER SALONIO Argentina A dissertation submitted to the World Maritime University in partial fulfillment of the requirements for the award of the degree of MASTER OF SCIENCE In MARITIME AFFAIRS (Maritime Administration) 2002 © Copyright Lucio Salonio, 2002. DECLARATION I certify that all the material in this dissertation that is not my own work has been identified and that no material is included for which a degree has previously been conferred on me. The contents of this dissertation reflect my own personal views and are not necessarily Supervised by: Robert McFarland LCDRU.S. Coast Guard Assessor: Dr. John Liljedhal World Maritime University Co - Assessor: Dr. Gotthard Gauci University of Wales Swansea II DEDICATION My dedication goes to all those minds that in one way or another believe in the confluence of people and the role that International Organizations have in giving to each part of society, even if it be the sole individual, the chance to be included in all our affairs.
    [Show full text]
  • Vanguard Total World Stock Index Fund Annual Report October 31, 2020
    Annual Report | October 31, 2020 Vanguard Total World Stock Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
    [Show full text]
  • ED323556.Pdf
    DOCUMENT RESUME ED 323 556 CS 212 512 AUTHOR Zeni, Jane TITLE WritingLands: Composing with Old and Net; Writing Tools. INSTITUTION National Council of Teachers of English, Urbana, REPORT NO ISBN-0-8141-5903-6 PUB DATE 90 NOTE 212p. AVAILABLE FROMNational Council of Teachers of English, 1111 Kenyon Rd., Urbana, IL 61801 (Stock No. 59036-3020; $9.95 members, $12.95 nonmembers). PUB TYPE Books (010) -- Reports - Research/Technical (143) -- Guides - Classroom Use - Guides (For Teachers) (052) EDRS PRICE MF01/PC09 Plus Postage. DESCRIPTORS Classroom Environment; Computer Centers; *Computers; Computer System Design; *Cooperative Learning; Design Requirements; Intermediate Grades; Secondary Education; Teacher Administrator Relationship; Teaching Methods; Writing Improvement; *Writing Instruction; Writing Research; *Writing Workshops IDENTIFIERS *Collaborative Writing; Discourse Communities; Teacher Researchers ABSTRACT Designed to help teachers, grade six through high school, overcome misgivings about computers for writing and make the most of the new technology, this book offers answers to an urgent question in language arts: how can computers be woven into the human fabric of a writina workshoo? The book is based on a five-year study of computers for writing in actual school settings and presents what skilled teachers know about using computers to enhance the teaching of writing in the less than perfect conditions of ordinary clas7;rooms. The book describes classroom environments called "Writing Lands" where computers enhance a process approach to teaching writing and makes the point that what students do with any writing tool depends less on the power of the technology than on the power of the teacher. The book also shows how teachers in the vanguard are using computers to foster collaborative writing and teacher-student dialogue, and explains how these teachers cope with the knotty practical questions computers pose in the average school.
    [Show full text]
  • Mcluhan Galaxy Conference Understanding Media, Today Barcelona, May, 23Rd-25Th CONFERENCE PROCEEDINGS
    McLuhan Galaxy Conference Understanding Media, Today Barcelona, May, 23rd-25th CONFERENCE PROCEEDINGS Edited by Matteo Ciastellardi, Cristina Miranda de Almeida, Carlos A. Scolari McLuhan Galaxy Conference Understanding Media, Today Conference Proceedings First Edition in English: May 2011 Collection Sehen, Editorial Universidad Oberta de Catalunya, Barcelona, España Printing: Book-Print S.L ISBN: 978-84-9388021-7 Legal Deposit B: Edited by Matteo Ciastellardi, Cristina Miranda de Almeida, Carlos A. Scolari Cover Image: Daniela Seminara Cover Layout: Mikel Azpiri Landa The full paper can be published in the proceedings and in any other scientific/ academic publications derived from McLuhan Galaxy Conference, according the Creative Commons Attribution Non-Commercial License. McLuhan Galaxy Conference Understanding Media, Today Barcelona, May, 23rd-25th CONFERENCE PROCEEDINGS Edited by Matteo Ciastellardi, Cristina Miranda de Almeida, Carlos A. Scolari McLuhan Galaxy Conference 4 Index Forewords Derrick de Kerckhove and Carlos A. Scolari . 10 I. General Framework of the Conference by Matteo Ciastellardi, Carlos A. Scolari and Cristina Miranda de Almeida . .12 II. Conference’s credits . 15 Organizers . .15 Co-funding . .15 Scientific Committee . .15 UPF and IN3/ UOC Board Committee . .15 CCCB-Lab Board Committee . .16 Institutional Conference Partners . .16 Opening Ceremony Participants . .16 Keynote Speakers . .16 Round Table Chairs and Speakers . .17 Special Proposals on Video Wall Project . .17 Parallel Session Chairs . .17 Peer Reviewers . .18 Press Support . .19 Graphic Design . .19 Management Support . .19 Other Collaborations . .19 III. Short Curricula keynote speakers and round table participants 3.1 Keynote Speakers’ curricula . .20 3.2 Round Table participants’ curricula . .24 5 Index IV. Papers (Content-based not in alphabetical order) .
    [Show full text]
  • Vanguard U.S. Stock Index Funds Mid-Capitalization Portfolios Annual Report December 31, 2020
    Annual Report | December 31, 2020 Vanguard U.S. Stock Index Funds Mid-Capitalization Portfolios Vanguard Extended Market Index Fund Vanguard Mid-Cap Index Fund Vanguard Mid-Cap Growth Index Fund Vanguard Mid-Cap Value Index Fund Contents Your Fund’s Performance at a Glance ................ 1 About Your Fund’s Expenses......................... 2 Extended Market Index Fund ........................ 5 Mid-CapIndexFund.................................31 Mid-CapGrowthIndexFund.........................57 Mid-CapValueIndexFund...........................77 Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus. Your Fund’s Performance at a Glance • Returns for the 12 months ended December 31, 2020, returns for the three Vanguard Mid-Cap Index Funds ranged from 2.43% for Investor Shares of Vanguard Mid-Cap Value Index Fund to 34.48% for Admiral Shares of Vanguard Mid-Cap Growth Index Fund. Vanguard Extended Market Index Fund, which includes both small- and mid-capitalization holdings, returned about 32%. Each fund closely tracked its target index. • The emergence of COVID-19 in early 2020 turned into a global health crisis, and aggressive attempts to contain it resulted in a sharp downturn in economic activity. Unemployment spiked, and sectors where social distancing isn't possible were hit hard. Stocks initially plummeted as infections surged, but they finished the year significantly higher, thanks in part to rapid and robust monetary and fiscal action by policymakers and the rollout of COVID-19 vaccines as the year drew to a close.
    [Show full text]
  • Decarbonising Transport: Setting the Challenge
    Decarbonising Transport Setting the Challenge March 2020 The Department for Transport has actively considered the needs of blind and partially sighted people in accessing this document. The text may be freely downloaded and translated by individuals or organisations for conversion into other accessible formats. If you have other needs in this regard please contact the Department. Department for Transport Great Minster House 33 Horseferry Road London SW1P 4DR Telephone 0300 330 3000 Website: www.gov.uk/dft General enquiries: https://forms.dft.gov.uk Cover picture: Transdev Blazefield Ltd. © Crown copyright 2020 Copyright in the typographical arrangement or write to the Information Policy Team, The rests with the Crown. National Archives, Kew, London TW9 4DU, or e-mail: [email protected] You may re-use this information (not including logos or third-party material) free of charge Where we have identified any third-party in any format or medium, under the terms of copyright information you will need to obtain the Open Government Licence. To view this permission from the copyright holders licence, visit http://www.nationalarchives.gov. concerned. uk/doc/open-government-licence/version/3/ Contents Ministerial Foreword 3 About this document 5 At a glance 5 Structure of this document 6 How to engage with us 6 1. Greenhouse gas emissions and transport 10 Background 10 Emissions in the transport sector 12 2. Moving people: emissions by mode 17 Cars 19 Buses and Coaches 24 Passenger Rail 26 Aviation 30 Cycling and Walking 34 3. Delivering goods and services: emissions by mode 38 Heavy Good Vehicles (HGVs) 39 Vans 41 Rail Freight 44 Maritime 46 Cross-modal decarbonisation actions: Low Carbon Fuels 50 Cross-modal decarbonisation actions: Government support for regional solutions 52 4.
    [Show full text]
  • THE COLLECTED POEMS of HENRIK IBSEN Translated by John Northam
    1 THE COLLECTED POEMS OF HENRIK IBSEN Translated by John Northam 2 PREFACE With the exception of a relatively small number of pieces, Ibsen’s copious output as a poet has been little regarded, even in Norway. The English-reading public has been denied access to the whole corpus. That is regrettable, because in it can be traced interesting developments, in style, material and ideas related to the later prose works, and there are several poems, witty, moving, thought provoking, that are attractive in their own right. The earliest poems, written in Grimstad, where Ibsen worked as an assistant to the local apothecary, are what one would expect of a novice. Resignation, Doubt and Hope, Moonlight Voyage on the Sea are, as their titles suggest, exercises in the conventional, introverted melancholy of the unrecognised young poet. Moonlight Mood, To the Star express a yearning for the typically ethereal, unattainable beloved. In The Giant Oak and To Hungary Ibsen exhorts Norway and Hungary to resist the actual and immediate threat of Prussian aggression, but does so in the entirely conventional imagery of the heroic Viking past. From early on, however, signs begin to appear of a more personal and immediate engagement with real life. There is, for instance, a telling juxtaposition of two poems, each of them inspired by a female visitation. It is Over is undeviatingly an exercise in romantic glamour: the poet, wandering by moonlight mid the ruins of a great palace, is visited by the wraith of the noble lady once its occupant; whereupon the ruins are restored to their old splendour.
    [Show full text]
  • Revolutionary Action Movement (RAM): a Case Study of an Urban
    REVOLUTIONARY ACTION MOVEMENT (RAM) : A CASE STUDY OF AN URBAN REVOLUTIONARY MOVEMENT IN WESTERN CAPITALIST SOCIETY A THESIS SUBMITTED TO THE FACULTY OF ATLANTA UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF ARTS By Maxwell C . Stanford DEPARTMENT OF POLITICAL SCIENCE ATLANTA, GEORGIA MAY 1986 ABSTRACT POLITICAL SCIENCE STANFORD, MAXWELL CURTIS B .A ., UNIVERSITY OF MASSACHUSETTS, 1976 RevolutionarZ Action Movement (RAM) : A Case Study of an Urban Revolution- ary Movement in Western Cap i talist Society Adviser : Professor Lawrence Moss Thesis dated May, 1986 The primary intent of this thesis is to present a political descrip- tive analysis of the Revolutionary Action Movement (RAM), an urban revolu- tionary movement active in the 1960's . An attempt has been made to por tray the historical context, the organization, ideology of the RAM organi- zation and response of the state to the activities of the organization . The thesis presents a methodological approach to developing a para- digm in which the study of urban revolutionary movements is part of a rational analysis . The thesis also explains concepts and theories that are presented later in the text . A review of black radical activity from 1900 to 1960 is given to provide the reader with historical background in- formation of the events and personalities which contributed to the develop- ment of RAM . A comparative analysis is made between urban revolutionary movements in Latin America and the United States in order to show that the RAM organization was part of a worldwide urban phenomenon . The scope of the thesis is to present an analysis of the birth, early beginnings of RAM as a national organization, and Malcolm X's impact on the organization .
    [Show full text]
  • Debates of the European Parliament 1
    19-05-2010 EN Debates of the European Parliament 1 WEDNESDAY, 19 MAY 2010 IN THE CHAIR: MR BUZEK President 1. Opening of the sitting (The sitting was opened at 09.05) 2. Documents received: see Minutes 3. Outcome of the summit of 7 May 2010 and the ECOFIN meeting - What is the political relevance of the EU 2020 strategy in the context of the current financial and economic crisis? - Consequences of the financial and economic crisis on the EU 2020 strategy and its governance - What is the relevance of the EU 2020 strategy in the framework of the current financial and economic crisis? (debate) President. – The next item is: – the joint debate on mechanisms for strengthening economic order, – the Council and Commission statements: Outcome of the summit of 7 May 2010 and the ECOFIN meeting [2010/269(RSP)], – the oral question to the Council and the Commission: What is the political relevance of the EU 2020 strategy in the context of the current financial and economic crisis? (O-0052/2010 - B7-0213/2010), (O-0053/2010 - B7-0214/2010), – the oral question to the Council: Consequences of the financial and economic crisis for the EU 2020 strategy and its governance (O-0068/2010 - B7-0301/2010), – the oral question to the Council and the Commission: Political relevance of the EU 2020 strategy in the context of the current financial and economic crisis (O-0065/2010 - B7-0219/2010), (O-0066/2010 - B7-0220/2010). Diego López Garrido, President-in-Office of the Council. – (ES) Mr President, everyone is aware that we are living in a period of exceptional financial turbulence.
    [Show full text]
  • Technical Note D-498
    GZ 71072 NASA TN D-498 TECHNICAL NOTE D-498 BALANCING VANGUARD SATELLITES A. Simkovich and Robert C. Baumann Goddard Space Flight Center I NATIONAL AERONAUTICS AND SPACE ADMINISTRATION WASHINGTON April 1961 a iC BALANCING VANGUARD SATELLITES by A. Simkovich and Robert C. Baumann (;oddard ,Space Flight Cepaer SUMMARY O0 O_ ! The Vanguard satellites and component parts were balanced within the specified limits by using a Gisholt Type-S balancer in combination with a portable International Research and Develop- ment vibration analyzer and filter, with low-frequency pickups. Equipment and procedures used for balancing are described; and the determination of residual imbalance is accomplished by two methods: calculation, and graphical interpretation. Between-the- bearings balancing is recommended for future balancing of pay- loads. CONTENTS Summary ................................... i INTRODUCTION .............................. 1 EQUIPMENT ................................. 1 Type .................................... 1 Limitations ................................ 2 BALANCING PROCEDURES ....................... 3 General Method ............................. 3 Tes_-Vehicle Spheres ......................... 4 20-Inch Satellites............................ 5 13-1nch Diameter Magnetometer Satelliteand Magne- tometer X-Ray Satellite...................... 5 Separation Device (40-Second Timer) .............. 5 Combination of Separation Device (300-Second Timer) and Spin-Retarding Mechanism ................... 5 Radiation Shields ...........................
    [Show full text]
  • University-Industry Partnership in the Vanguard of Knowledge-Driven Economy Others As Dialectic/Logic, Grammar, Rhetoric Belonged to Trivium (Three Programs)
    Journal of Modern Education Review, ISSN 2155-7993, USA July 2014, Volume 4, No. 7, pp. 480–509 Doi: 10.15341/jmer(2155-7993)/07.04.2014/002 Academic Star Publishing Company, 2014 http://www.academicstar.us University-industry Partnership in the Vanguard of Knowledge-Driven Economy László Szentirmai, László Radács (Department of Electrical and Electronic Engineering, University of Miskolc, Hungary) Abstract: The words volt, ampere and watt are named after emblematic figures of university and industry and are in common parlance among people. And what is more, the current International System of Units gave many great names to derived measuring units. The 5–10 year-long strategic partnership is top priority for elite universities. This most creative and promising collaboration ensures big and common strategic goals, and shared research vision. New knowledge generated by alliance modernizes university role and industry long-term strategy. Diverse engineering culture serves as brake but could be overcome by both parties when criterion is excellence. Trend is twofold: either richer benefits are given to fewer universities and/or universities in emerging economies are also to flourish. Operational partnerships — the second type — are based on joint research projects utilizing both the core academic strengths of universities and the core research competence of industry. Research projects on professors’ own initiatives and students’ individual research projects all pave the way for achieving strategic partnership. Transactional partnership — the third type — puts significant impact on teaching and learning. Key criteria include multidisciplinary institute on campus with industry contribution, even culture and curriculum and multidisciplinary approach to research. These criteria together with industrial practice for academics and students lead also this link to strategic collaboration.
    [Show full text]
  • Vanguard's Approach to Target-Date Funds
    TheVanguard’s buck stops approach here: Vanguardto target-date money funds market funds Vanguard Research May 2015 Scott J. Donaldson, CFA, CFP®; Francis M. Kinniry, Jr., CFA; Vytautas Maciulis, CFA; Andrew J. Patterson, CFA; Michael A. DiJoseph, CFA n Research indicates that many investors lack time for or interest in retirement planning.1 Target-date funds (TDFs) are designed to help them build a professionally diversified portfolio and achieve their retirement goals. n Vanguard TDFs are constructed based on investment best practices, including the principles of asset allocation, diversification, transparency, and a balance among risk, return, and cost. n This paper provides an overview of Vanguard’s methodology in designing its TDFs. It outlines our view of glide-path construction, asset-class diversification, and the potential benefits of passively managed implementation. 1 For a more detailed discussion of these issues, see Utkus and Young (2004, 2009a) and Choi et al. (2006). The use of TDFs in employer-sponsored and individual TDFs are designed to address a particular challenge retirement plans has expanded dramatically over the past facing many retirement investors: constructing a ten years—and for good reason. TDFs can help investors professionally diversified portfolio. Both Vanguard construct well-diversified portfolios—critical to achieving research and other studies indicate that many investors retirement readiness—while simplifying the investment lack time for or interest in retirement planning.2 Even process. TDFs can also provide a sensible default a motivated saver may make errors or fail to manage a investment option that plan sponsors can use in portfolio’s strategy effectively over time.
    [Show full text]