Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

2013 will be a good year, NJIT biz professor forecasts at Chicago Fed Board

10.12.2012
Economic growth will rise to 3 percent in 2013 and 2014, while unemployment will drop to 7.3 percent by December of 2013, NJIT Leir Research Professor William V. Rapp, PhD, http://www.njit.edu/news/experts/rapp.php, told economists and others last week at the annual outlook symposium, http://www.chicagofed.org/webpages/events/eos_series.cfm, sponsored by the Chicago Federal Reserve Bank.

The first Henry J. Leir Professor of International Trade and Business in the NJIT School of Management, Rapp was invited to participate in the annual event which draws the nation's top business minds. Rapp is well-regarded world-wide for his research on international business, information technology strategy and financial institutions, especially those using technology to gain a competitive advantage.

Before joining NJIT in 2002, Rapp enjoyed an extensive international career in academia, business and government. He arrived at NJIT following a year in Japan as a Fulbright Scholar and APSIA Visiting Professor at Ritsumeikan University in Kyoto. While there, he assessed the political economic impact of Japan's rapidly aging population while lecturing on the Asian financial crisis and the history of investment banking.

More recently, Rapp has led the Financial Bubble School of Management Research Project at NJIT funded by the Ridgefield Foundation. He developed an undergraduate distance learning course on international business under a NJ-I Tower grant and a graduate distance learning Capstone course on strategic management. He finished a project on Japanese convenience stores and has begun another project on the globalization of major US law firms. He is now leading a real-time online case study initiative that includes studies on UPS, Dendrite, Pfizer, Toyota and Apple.

Rapp has written upwards of 80 individual and joint publications on aspects of trade, international business, and corporate strategy plus presented papers, given congressional testimony and public speeches on these topics. His major fields of policy, economic and business research include product cycles, trade and investment strategies, industrial policy, international finance, intellectual property, information technology, US-Japan competitive interaction and Japanese economy and business. With support from the Sloan Foundation, he wrote Information Technology Strategies (Oxford Press, 2002, 2004) which was translated into Japanese and published there in 2003.

Rapp received his doctorate from Yale University in economics as a National Science Foundation Fellow. His master's degrees in economics and Japanese Studies are from Yale and Stanford Universities, the later as a Ford Foundation Fellow. His bachelor's degree in economics is from Amherst College, magna cum laude and Phi Beta Kappa.

NJIT, New Jersey's science and technology university, enrolls more than 9,558 students pursuing bachelor's, master's and doctoral degrees in 120 programs. The university consists of six colleges: Newark College of Engineering, College of Architecture and Design, College of Science and Liberal Arts, School of Management, College of Computing Sciences and Albert Dorman Honors College.

U.S. News & World Report's 2012 Annual Guide to America's Best Colleges ranked NJIT in the top tier of national research universities. NJIT is internationally recognized for being at the edge in knowledge in architecture, applied mathematics, wireless communications and networking, solar physics, advanced engineered particulate materials, nanotechnology, neural engineering and e-learning. Many courses and certificate programs, as well as graduate degrees, are available online through the Division of Continuing Professional Education.

Sheryl Weinstein | EurekAlert!
Further information:
http://www.njit.edu/news/experts/rapp.php

More articles from Business and Finance:

nachricht How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung

nachricht Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Shape matters when light meets atom

Mapping the interaction of a single atom with a single photon may inform design of quantum devices

Have you ever wondered how you see the world? Vision is about photons of light, which are packets of energy, interacting with the atoms or molecules in what...

Im Focus: Novel silicon etching technique crafts 3-D gradient refractive index micro-optics

A multi-institutional research collaboration has created a novel approach for fabricating three-dimensional micro-optics through the shape-defined formation of porous silicon (PSi), with broad impacts in integrated optoelectronics, imaging, and photovoltaics.

Working with colleagues at Stanford and The Dow Chemical Company, researchers at the University of Illinois at Urbana-Champaign fabricated 3-D birefringent...

Im Focus: Quantum Particles Form Droplets

In experiments with magnetic atoms conducted at extremely low temperatures, scientists have demonstrated a unique phase of matter: The atoms form a new type of quantum liquid or quantum droplet state. These so called quantum droplets may preserve their form in absence of external confinement because of quantum effects. The joint team of experimental physicists from Innsbruck and theoretical physicists from Hannover report on their findings in the journal Physical Review X.

“Our Quantum droplets are in the gas phase but they still drop like a rock,” explains experimental physicist Francesca Ferlaino when talking about the...

Im Focus: MADMAX: Max Planck Institute for Physics takes up axion research

The Max Planck Institute for Physics (MPP) is opening up a new research field. A workshop from November 21 - 22, 2016 will mark the start of activities for an innovative axion experiment. Axions are still only purely hypothetical particles. Their detection could solve two fundamental problems in particle physics: What dark matter consists of and why it has not yet been possible to directly observe a CP violation for the strong interaction.

The “MADMAX” project is the MPP’s commitment to axion research. Axions are so far only a theoretical prediction and are difficult to detect: on the one hand,...

Im Focus: Molecules change shape when wet

Broadband rotational spectroscopy unravels structural reshaping of isolated molecules in the gas phase to accommodate water

In two recent publications in the Journal of Chemical Physics and in the Journal of Physical Chemistry Letters, researchers around Melanie Schnell from the Max...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

ICTM Conference 2017: Production technology for turbomachine manufacturing of the future

16.11.2016 | Event News

Innovation Day Laser Technology – Laser Additive Manufacturing

01.11.2016 | Event News

#IC2S2: When Social Science meets Computer Science - GESIS will host the IC2S2 conference 2017

14.10.2016 | Event News

 
Latest News

High-precision magnetic field sensing

05.12.2016 | Power and Electrical Engineering

Construction of practical quantum computers radically simplified

05.12.2016 | Information Technology

NASA's AIM observes early noctilucent ice clouds over Antarctica

05.12.2016 | Earth Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>