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Business Perspectives

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The states' reaction to the economic climate: A comparative analysis.
Fiscal year 2000 signaled the peak of a record economic expansion. At the close of that fiscal year (June 2000), states reported a collective year-end balance of 10.4 percent, (1) the highest in . . .

Tennessee taxes: An Interview with John G. Morgan, Tennessee Comptroller of the Treasury.(Interview)
By now, most readers have heard that Tennessee inarguably faces a budget crisis. Just how bad is the forecast for the state? The Bureau contacted the Tennessee Comptroller of the Treasury and asked . . .

No sale: Effects of the government sector's decline in employment.(Statistical Data Included)
In considering the economic outlook for 2002, it seems that the area with the lowest potential may well be the government sector, which is in the late stages of a recession and in the middle of a . . .

Patents: The wild card of the New Economy.
Thomas Jefferson might be surprised at what has become of his work. The architect of our patent system--and our first commissioner of patents--was at first doubtful about the whole idea of awarding . . .

University - based entrepreneurs, intellectual property, and the emerging role of universities in economic development: Research
No great city exists without a great university. Centers of economic activity and intellectual activity go hand in hand. In contrast to the past, when university scholars were discouraged from . . .

The evolution of Elvis Presley Enterprises.
Introduction How does one begin to describe the unparalleled success of Elvis as a performer? It was best captured, perhaps, by Life magazine, which described Elvis as "The most successful . . .

Standing at the crossroads: Sorting fact from fiction in the tax debate.
Times have changed since I was first elected to the state legislature 20 years ago. In those days, you couldn't find a politician within shouting distance of Tennessee's capitol who would ever . . .

Pay me now or pay me later: Tennesse taxes and economic development.
The 2001 recession is history, and the recovery is under way. Positive news on worker productivity, profits, sales, inflation, and employment suggests that the recovery in 2002 may be gaining . . .

Restarting Tennessee's.(Statistical Data Included)
The economic expansion enjoyed by the Tennessee Valley and the nation during the 1990s officially ended in March 2001. The questions now become: When will the recession bottom out, and when will a . . .

Patently offensive: Fee diversion and its effect on the intellectual property economy.(Statistical Data Included)
The Honorable Howard Coble Chairman, subcommittee on Courts, the Internet and Intellectual Property Committee on the Judiciary U.S. House of Representatives What Is Fee Diversion, and Why Should . . .

Elvis is still big business in Memphis.
Memphis has experienced dramatic growth in the 25 years since Elvis died. Since "That's All Right (Mama)" was recorded in 1954, Memphis has grown from a sleepy, backward river town to a major city . . .

An exercise for the student: Implementing a state lottery scholarship program.
Tennessee is in the midst of a budget crisis. That fact has been confirmed by fiscal experts and economists from this state and others. Last year's loss of Tennessee's cherished AAA bond rating . . .

International business outlook 2002: The author wishes to thank Deborah Hernandez for her research assistance for this article.
Much will be written in the annals of history about 2001 and its historic events. The September 11 attack on the World Trade Center in New York, the resulting fallout for U.S. businesses (most . . .

U.S. economic outlook for 2002.(Statistical Data Included)
Overview It is anticipated that 2002 will be divided into distinct halves. During the first half, the U.S. economy will shake off the effects of its 10th post-World War II recession, laying the . . .

Obtaining market value from intellectual capital.
It is difficult to have a discussion about recent business developments without touching on the topics of knowledge-based companies, intellectual capital, intellectual assets, or . . .

The old college try: Possibilities for funding higher education.
Although many believe that Tennessee's taxes have only been a subject of debate since 1999, this budget battle has actually been waged for the past 75 years. My bet is that Tennessee will be facing . . .

Tax reform, education, and the future of Tennessee's children.
Why do we need tax reform in Tennessee? This is a question I have answered hundreds of times in the past three years. My answer is simple: We need tax reform in Tennessee so that our children don't . . .

2002 in the Memphis economy: What happens next?(Statistical Data Included)
In the last forecast issue of Business Perspectives, the question was raised as to whether a slowdown was on the way Events and evidence seem to say, overwhelmingly, that a slowdown has . . .

The leadership of the USA in the field of intellectual property: The following is a speech presented at The Hague on May 2,2001,
In this paper, I will address the leadership role of the United States of America in the field of intellectual property, with particular attention to the patent system. I will begin by using the . . .

Success For All.(Memphis school's reading program)
When President Bush traveled to St. Louis earlier this year to promote his education agenda, he asked to visit Moline Elementary School, a school where the teachers and students are excited . . .

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