Opt-out options in new product co-development partnerships

We study three contractual arrangements—co-development, licensing, and co-development with opt-out options—for the joint development of new products between a small and financially constrained innovator firm and a large technology company, as in the case of a biotech innovator and a major pharma company. We formulate our arguments in the context of a two-stage model, characterized by technical risk and stochastically changing cost and revenue projections. The model captures the main disadvantages of traditional co-development and licensing arrangements: in co-development the small firm runs a risk of running out of capital as future costs rise, while licensing for milestone and royalty (M&R) payments, which eliminates the latter risk, introduces inefficiency, as profitable projects might be abandoned. Counter to intuition we show that the biotech's payoff in a licensing contract is not monotonically increasing in the M&R terms. We also show that an option clause in a co-development contract that gives the small firm the right but not the obligation to opt out of co-development and into a pre-agreed licensing arrangement avoids the problems associated with fully committed co-development or licensing: the probability that the small firm will run out of capital is greatly reduced or completely eliminated and profitable projects are never abandoned.

Ultrafast lasers mode-locked by nanotubes and graphene

Ultrafast lasers play an increasingly important role in many applications. Nanotubes and graphene have emerged as promising novel saturable absorbers for passive mode-locking. Here, we review recent progress on the exploitation of these two carbon nanomaterials in ultrafast photonics. © 2012 Elsevier B.V. All rights reserved.

500 fs wideband tunable fiber laser mode-locked by nanotubes

Sub-picosecond tunable ultrafast lasers are important tools for many applications. Here we present an ultrafast tunable fiber laser mode-locked by a nanotube based saturable absorber. The laser outputs ∼500fs pulses over a 33 nm range at 1.5μm. This outperforms the current achievable pulse duration from tunable nanotube mode-locked lasers. © 2012 Elsevier B.V. All rights reserved.

Physicians in leadership: the association between medical director involvement and staff-to-patient ratios

In a hospital environment that demands a careful balance between commercial and clinical interests, the extent to which physicians are involved in hospital leadership varies greatly. This paper assesses the influence of the extent of this involvement on staff-to-patient ratios. Using data gathered from 604 hospitals across Germany, this study evidences the positive relationship between a full-time medical director (MD) or heavily involved part-time MD and a higher staff-to-patient ratio. The data allows us to control for a range of confounding variables, such as size, rural/urban location, ownership structure, and case-mix. The results contribute to the sparse body of empirical research on the effect of clinical leadership on organizational outcomes.

银鲫Ran基因的cDNA克隆、表达特征及其在精核解凝中的作用

采用RACE-PCR技术结合SMART cDNA合成技术,从银鲫中克隆到Ran的全长cDNA并对其编码区全长进行了原核表达、相应抗体制备及其时空表达特征分析。RT-PCR结果表明,Ran基因除在脑组织的转录水平较低外,其它组织中的转录水平几乎相同;Ran基因在不同发育阶段的胚胎中都有mRNA转录,但其mRNA的量在原肠期以后呈下降趋势。Western blot结果表明,Ran在卵巢和精巢中均高水平表达,在心、脑、肝、脾、肾中有较低水平表达,在肌肉中则不表达。同时检测到Ran在不同胚胎发育阶段均有较强表达。

Numerical simulation of single-stream jets from a serrated nozzle

Hybrid large-eddy type simulations for cold jet flows from a serrated nozzle are performed at an acoustic Mach number Ma ac = 0.9 and Re = 1.03×10 6. Since the solver being used tends towards having dissipative qualities, the subgrid scale (SGS) model is omitted, giving a numerical type LES (NLES) or implicit LES (ILES) reminiscent procedure. To overcome near wall streak resolution problems a near wall RANS (Reynolds averaged Navier-Stokes) model is smoothly blended to the LES making a hybrid RANS-ILES. The geometric complexity of the serrated nozzle is fully considered without simplification or emulation. An improved but still modest hexahedral multi-block grid with circa 20 million grid points (with respect to 12.5 million in Xia et al.; Int J Heat Fluid Flow 30:1067-1079, 2009) is used. Despite the modest grid size, encouraging and improved results are obtained. Directly resolved mean and second-order fluctuating quantities along the jet centerline and in the jet shear layer compare favorably with measurements. The radiated far-field sound predicted using the Ffowcs Williams and Hawkings (FW-H) surface integral method shows good agreement with the measurements in directivity and sound spectra. © 2011 Springer Science+Business Media B.V.

New approaches for enhancing light emission from Er-based materials and devices

In this work, we present some approaches recently developed for enhancing light emission from Er-based materials and devices. We have investigated the luminescence quenching processes limiting quantum efficiency in light-emitting devices based on Si nanoclusters (Si nc) or Er-doped Si nc. It is found that carrier injection, while needed to excite Si nc or Er ions through electron-hole recombination, at the same time produces an efficient non-radiative Auger de-excitation with trapped carriers. A strong light confinement and enhancement of Er emission at 1.54 μm in planar silicon-on-insulator waveguides containing a thin layer (slot) of SiO2 with Er-doped Si nc at the center of the Si core has been obtained. By measuring the guided photoluminescence from the cleaved edge of the sample, we have observed a more than fivefold enhancement of emission for the transverse magnetic mode over the transverse electric one at room temperature. Slot waveguides have also been integrated with a photonic crystal (PhC), consisting of a triangular lattice of holes. An enhancement by more than two orders of magnitude of the Er near-normal emission is observed when the transition is in resonance with an appropriate mode of the PhC slab. Finally, in order to increase the concentration of excitable Er ions, a completely different approach, based on Er disilicate thin films, has been explored. Under proper annealing conditions crystalline and chemically stable Er2Si2O7 films are obtained; these films exhibit a strong luminescence at 1.54 μm owing to the efficient reduction of the defect density. © 2008 Elsevier B.V. All rights reserved.