Executive Stock Options Boost Company Performance But Options to Rank-and-File Workers Show Minimal Effect

Stock options have a positive effect on firm performance when they are granted to executives, but giving options to lower-ranking employees seems to have no effect on the bottom line according to a new study.

How Much Information?

Suffering from information overload? According to this new study from the School of Information Management and Systems at the University of California at Berkeley, “the world’s total yearly production of print, film, optical, and magnetic content would require roughly 1.5 billion gigabytes of storage.” Magnetic storage is by far the most common medium for storing information, accounting for an estimated 635,660 to 1,693,000 terabytes per … [ Read more ]

The Political Economy of Open Source Software

Interesting investigation/analysis of the Open Source phenomenon. Quoting the author, “The problem of intellectual property rights is about creating incentives for innovators. … means of ‘protecting’ knowledge assure that economic rents are created and that some proportion of those rents can be appropriated by the innovator…Open Source software inverts this logic…Collaborative Open Source software projects such as Linux…have demonstrated…that a large, complex system … [ Read more ]