Glenn Worf is an American bassist known mainly for his work as a session musician . He has recorded with many major country music acts and also tours with Mark Knopfler .
77-873: Worf was born in Dayton, Ohio , and grew up in Madison, Wisconsin . He has concentrated on the bass guitar since the age of 13. He majored in music at the University of Wisconsin–Eau Claire . Eventually, he moved to Nashville, Tennessee . Throughout his career, Worf has recorded with numerous performers including Bryan Adams , Trace Adkins , Craig Campbell , Billy Ray Cyrus , Alan Jackson , Wynonna Judd , Toby Keith , Martina McBride , Reba McEntire , Tim McGraw , Mark Knopfler , Jimmy Buffett , Miranda Lambert , Aaron Neville , Lee Roy Parnell , Kellie Pickler , Kenny Rogers , Bob Seger , Sugarland , Shania Twain , Keith Urban , Lee Ann Womack , and Tammy Wynette . He
154-617: A logistics hub. The city is home to Wright-Patterson Air Force Base , a significant contributor to research and development in the industrial, aeronautical , and astronautical engineering fields. Along with defense and aerospace, healthcare accounts for much of the Dayton area's economy. Significant institutions in Dayton include the Air Force Institute of Technology , Carillon Historical Park , Dayton Art Institute , Dayton Performing Arts Alliance , National Museum of
231-452: A company, or can be out-sourced to a contract research organization, universities , or state agencies. In the context of commerce , "research and development" normally refers to future-oriented, longer-term activities in science or technology , using similar techniques to scientific research but directed toward desired outcomes and with broad forecasts of commercial yield. Statistics on organizations devoted to "R&D" may express
308-436: A male householder with no spouse present, and 38.2% had a female householder with no spouse present. 47.4% of all households were made up of individuals, and 14.6% were someone living alone who was 65 years of age or older. The average household size was 1.95, and the average family size was 2.83. 18.9% of the city's population were under the age of 18, 65.0% were 18 to 64, and 16.1% were 65 years of age or older. The median age
385-555: A manufacturing boom throughout the city, including high-demand for housing and other services. At one point, emergency housing was put into place due to a housing shortage in the region, much of which is still in use today. Alan Turing is widely considered to be the father of theoretical computer science and artificial intelligence. He visited the National Cash Register (NCR) company in Dayton in December 1942. He
462-454: A park. The Old Court House has been a favored political campaign stop. On September 17, 1859, Abraham Lincoln delivered an address on its steps. Eight other presidents have visited the courthouse, either as presidents or during presidential campaigns: Andrew Johnson , James Garfield , John F. Kennedy , Lyndon B. Johnson , Richard Nixon , Gerald Ford , Ronald Reagan , and Bill Clinton . The Dayton Arcade , which opened on March 3, 1904,
539-545: A part of the local industry that was expanding rapidly. Advancements in architecture also contributed to the suburban boom. New, modernized shopping centers and the Interstate Highway System allowed workers to commute greater distances and families to live further from the downtown area. More than 127,000 homes were built in Montgomery County during the 1950s. During this time, the city was
616-463: A restaurant or a shopping center downtown, people crowded around, saying that they were praying for us. Warren Christopher was given at least one standing ovation in a restaurant. Families on the airbase placed "candles of peace" in their front windows, and people gathered in peace vigils outside the base. One day they formed a "peace chain," although it was not large enough to surround the sprawling eight-thousand-acre base. Ohio's famous ethnic diversity
693-445: A way of amortizing the high overhead. They often reuse advanced manufacturing processes, expensive safety certifications, specialized embedded software, computer-aided design software, electronic designs and mechanical subsystems. Research from 2000 has shown that firms with a persistent R&D strategy outperform those with an irregular or no R&D investment program. Research and development are very difficult to manage, since
770-576: Is a city in Montgomery and Greene counties in the U.S. state of Ohio . As of the 2020 census , the city proper had a population of 137,644, making it the sixth-most populous city in Ohio. It anchors the state's fourth-largest metropolitan area, the Dayton metropolitan area , which had 814,049 residents. Dayton is located within Ohio's Miami Valley region, 50 miles (80 km) north of Cincinnati and 60 miles (97 km) west of Columbus . It
847-442: Is also a large area that encompasses several neighborhoods itself and has seen a recent uplift and revival. Dayton's suburbs with a population of 10,000 or more include Beavercreek , Centerville , Clayton , Englewood , Fairborn , Harrison Township , Huber Heights , Kettering , Miami Township , Miamisburg , Oakwood , Riverside , Springboro , Trotwood , Vandalia , Washington Township , West Carrollton , and Xenia . In
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#1732780739361924-660: Is appealing to bidders because they could gain technologies from acquisition targets. Therefore, firms may gain R&;D profit that co-moves with takeover waves, causing risks to the company which engages in R&D activity. Global R&D management is the discipline of designing and leading R&D processes globally, across cultural and lingual settings, and the transfer of knowledge across international corporate networks. Former President Barack Obama requested $ 147.696 billion for research and development in FY 2012, 21% of which
1001-810: Is called " R&D intensity ". A high technology company, such as a computer manufacturer, might spend 7% or a pharmaceutical companies such as Merck & Co. 14.1% or Novartis 15.1%. Anything over 15% is remarkable, and usually gains a reputation for being a high technology company such as engineering company Ericsson 24.9%, or biotech company Allergan , which tops the spending table with 43.4% investment. Such companies are often seen as credit risks because their spending ratios are so unusual. Generally such firms prosper only in markets whose customers have extreme high technology needs, like certain prescription drugs or special chemicals, scientific instruments , and safety-critical systems in medicine, aeronautics or military weapons . The extreme needs justify
1078-483: Is followed by textiles (19%), digital (18%), and aerospace (15%). Other sectors allocate less than 10% of their total investment to R&D. While 17% of the world’s top R&D investors are based in the European Union, they accounted for only 1% of acquisitions involving EU-based companies between 2013 and 2023. In 2015, research and development constituted an average 2.2% of the global GDP according to
1155-422: Is land and 0.85 square miles (2.20 km ) is water. Dayton's climate features warm, muggy summers and cold, dry winters, and is classified as a humid continental climate ( Köppen Dfa ). Unless otherwise noted, all normal figures quoted within the text below are from the official climatology station, Dayton International Airport, at an elevation of 1,000 ft (304.8 m) about 10 mi (16 km) to
1232-641: Is lower than the EU average of 18%. In 2022, 67% of enterprises in the same region deployed at least one sophisticated digital technology, and 69% EU firms did the same. As of 2023, European enterprises account for 18% of the world's top 2 500 R&D corporations, but just 10% of new entrants, compared to 45% in the United States and 32% in China. As of 2024, the electronics sector leads in R&D investment, with 28% of its total investment dedicated to it. This
1309-447: Is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of products. This is necessary as well due to the fierce competition and the evolving preferences of consumers. Without an R&D program, a firm must rely on strategic alliances , acquisitions , and networks to tap into the innovations of others. A system driven by marketing
1386-435: Is one that puts the customer needs first, and produces goods that are known to sell. Market research is carried out, which establishes the needs of consumers and the potential niche market of a new product. If the development is technology driven, R&D is directed toward developing products to meet the unmet needs. In general, research and development activities are conducted by specialized units or centers belonging to
1463-706: Is perhaps most well known for his work with former Dire Straits front man Mark Knopfler . Worf has contributed double and electric bass parts to every Knopfler solo album and is a member of his touring band. He also contributed to the BBC documentary on Knopfler, Mark Knopfler: a Life in Songs, shown on BBC 4 on 28 January 2011. In addition to his studio work, Worf performs regularly in and around Nashville with artists such as Mike Henderson and Kevin Welch . Dayton, Ohio Dayton ( / ˈ d eɪ t ən / )
1540-502: Is subject to severe weather typical of the Midwestern United States. Tornadoes are possible from the spring to the fall. Floods, blizzards, and severe thunderstorms can also occur. On Memorial Day of 2019, Dayton suffered extensive property damage and one death during a tornado outbreak , in which a total of 15 tornadoes touched down in the Dayton area. Although some of the tornadoes were only EF0 and remained on
1617-571: Is the county seat of Montgomery County. Dayton was founded in 1796 along the Great Miami River and named after Jonathan Dayton , a Founding Father who owned a significant amount of land in the area. It grew in the 19th century as a canal town and was home to many patents and inventors , most notably the Wright brothers , who developed the first successful motor-operated airplane . It later developed an industrialized economy and
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#17327807393611694-596: Is to be implemented through the year 2020. Dayton is known as the "Gem City". The nickname's origin is uncertain, but several theories exist. In the early 19th century, a well-known racehorse named Gem hailed from Dayton. In 1845, an article published in the Cincinnati Daily Chronicle by an author known as T stated: In a small bend of the Great Miami River, with canals on the east and south, it can be fairly said, without infringing on
1771-605: The CareSource Management Group finished construction of a $ 55 million corporate headquarters in downtown Dayton. The 300,000-square-foot (28,000 m ), 10-story building was downtown's first new office tower in more than a decade. Dayton's two tallest buildings are the Kettering Tower at 408 ft (124 m) and the KeyBank Tower at 385 ft (117 m). Kettering Tower
1848-586: The Dayton Agreement , a peace accord between the parties to the hostilities of the conflict in Bosnia-Herzegovina and the former Yugoslavia , was negotiated at Wright-Patterson Air Force Base , near Fairborn, Ohio, from November 1 to 21. Richard Holbrooke wrote about these events in his memoirs: There was also a real Dayton out there, a charming Ohio city, famous as the birthplace of the Wright brothers . Its citizens energized us from
1925-451: The Europe 2020 strategy which will run from 2014 to 2020, a multidisciplinary effort to provide safe, economically feasible, environmentally sound and socially acceptable solutions along the entire value chain of human activities. Firms that have embraced advanced digital technology devote a greater proportion of their investment efforts to R&D. Firms who engaged in digitisation during
2002-539: The Great Blizzard of 1899 . On average, there are 14 days of 90 °F (32 °C)+ highs and 4.5 nights of sub-0 °F (−18 °C) lows annually. Snow is moderate, with a normal seasonal accumulation of 23.3 in (59 cm), usually occurring from November to March, occasionally April, and rarely October. Precipitation averages 41.1 inches (1,040 mm) annually, with total rainfall peaking in May. Dayton
2079-484: The National Park Service , citing information from the U.S. Patent Office , Dayton had granted more patents per capita than any other U.S. city in 1890 and ranked fifth in the nation as early as 1870. The Wright brothers , inventors of the airplane, and Charles F. Kettering , world-renowned for his numerous inventions, hailed from Dayton. The city was also home to James Ritty 's Incorruptible Cashier,
2156-628: The Office of Chief Scientist In the 1980s to 1992, the Chief scientist of Israel significantly expanded R&D subsidies in the Israeli industrial sector. Israel invested in the creation of clusters of startups in the high-tech sector as well as venture capital investments. In 1993, Israel initiated the Yozma program , which led to the doubling of value of Israel's 10 new venture capital funds in 3 years. In
2233-724: The Schuster Center , opened in 2003. A large health network in the region, Premier Health Partners , expanded its Miami Valley Hospital with a 12-story tower addition. In 2010, the Downtown Dayton Partnership, in cooperation with the City of Dayton and community leaders, introduced the Greater Downtown Dayton Plan. It focuses on job creation and retention, infrastructure improvements, housing, recreation, and collaboration. The plan
2310-626: The UNESCO Institute for Statistics . By 2018, research and development constituted an average 1.79% of the global GDP according to the UNESCO Institute for Statistics . Countries agreed in 2015 to monitor their progress in raising research intensity (SDG 9.5.1), as well as researcher density (SDG 9.5.2), as part of their commitment to reaching the Sustainable Development Goals by 2030. However, this undertaking has not spurred an increase in reporting of data. On
2387-488: The 1800s. Innovation led to business growth in the region. In 1884, John Henry Patterson acquired James Ritty's National Manufacturing Company along with his cash register patents and formed the National Cash Register Company (NCR). The company manufactured the first mechanical cash registers and played a crucial role in the shaping of Dayton's reputation as an epicenter for manufacturing in
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2464-685: The Army purchased 40 acres adjacent to Huffman Prairie for the Fairfield Aviation General Supply Depot. As airplanes developed more capability, they needed more runway space than McCook could offer, and a new location was sought. The Patterson family formed the Dayton Air Service Committee, Inc which held a campaign that raised $ 425,000 in two days and purchased 4,520.47 acres (18.2937 km ) northeast of Dayton, including Wilbur Wright Field and
2541-408: The Dayton area: downy woodpecker , Carolina chickadee , tufted titmouse , brown creeper , cardinal , junco , tree sparrow , song sparrow and crow . Unlike many Midwestern cities its age, Dayton has very broad and straight downtown streets (generally two or three full lanes in each direction) that improved access to the downtown even after the automobile became popular. The main reason for
2618-872: The Dayton-Wright Airplane Company in Moraine and established a flying field. Deeds also opened a field to the north in the flood plain of the Great Miami River between the confluences of that river, the Stillwater River, and the Mad River, near downtown Dayton. Later named McCook Field for Alexander McDowell McCook, an American Civil War general, this became the Army Signal Corps' primary aviation research and training location. Wilbur Wright also purchased land near Huffman prairie to continue their research. During World War I,
2695-693: The Huffman Prairie Flying Field. Wright Field was "formally dedicated" on October 12, 1927. After World War II, Wright Field and the adjacent Patterson Field, Dayton Army Air Field, and Clinton Army Air Field were merged as the Headquarters, Air Force Technical Base. On January 13, 1948, the facility was renamed Wright-Patterson Air Force Base . A catastrophic flood in March 1913, known as the Great Dayton Flood , led to
2772-481: The Ohio Valley's history. Two other groups traveling overland arrived several days later. The oldest surviving building is Newcom Tavern , which was used for various purposes, including housing Dayton's first church , which is still in existence. In 1797, Daniel C. Cooper laid out Mad River Road , the first overland connection between Cincinnati and Dayton, opening the "Mad River Country" to settlement. Ohio
2849-604: The United States Air Force , and University of Dayton . Dayton was founded on April 1, 1796, by 12 settlers known as the Thompson Party. They traveled in March from Cincinnati up the Great Miami River by pirogue and landed at what is now St. Clair Street, where they found two small camps of Native Americans . Among the Thompson Party was Benjamin Van Cleve, whose memoirs provide insights into
2926-537: The Wrights returned to Dayton and continued testing at nearby Huffman Prairie . Additionally, Dayton is colloquially referred to as "Little Detroit". This nickname comes from Dayton's prominence as a Midwestern manufacturing center. According to the United States Census Bureau , the city has a total area of 56.50 square miles (146.33 km ), of which 55.65 square miles (144.13 km )
3003-558: The annual, hemisphere-wide Christmas Bird Count . The Chapter began participation in the National Count in 1924. The local Count was initially coordinated by Ben Blincoe, who was succeeded by Jim Hill in 1970. In the mid-1960s, the freezing of Lake Erie and associated marshlands led species of waterfowl to appear in the Dayton-area, where surface waters remained unfrozen. Nine varieties of birds have been observed every year in
3080-488: The broad streets was that Dayton was a marketing and shipping center from its beginning; streets were broad to enable wagons drawn by teams of three to four pairs of oxen to turn around. Also, some of today's streets were once barge canals flanked by draw-paths. A courthouse building was built in downtown Dayton in 1888 to supplement Dayton's original Neoclassical courthouse, which still stands. This second, "new" courthouse has since been replaced with new facilities as well as
3157-715: The city's rental vacancy rate and thus increase the occupancy rate. Dayton's ten historic neighborhoods— Oregon District , Wright Dunbar , Dayton View , Grafton Hill , McPherson Town , Webster Station , Huffman , Kenilworth , St. Anne's Hill , and South Park —feature mostly single-family houses and mansions in the Neoclassical, Jacobethan , Tudor Revival , English Gothic , Chateauesque , Craftsman , Queen Anne , Georgian Revival , Colonial Revival , Renaissance Revival Architecture, Shingle Style Architecture, Prairie , Mission Revival , Eastlake/Italianate , American Foursquare , and Federal styles. Downtown Dayton
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3234-567: The creation of the Miami Conservancy District , a series of dams as well as hydraulic pumps installed around Dayton, in 1914. Like other cities across the country, Dayton was heavily involved in the war effort during World War II. Several locations around the city hosted the Dayton Project , a branch of the larger Manhattan Project , to develop polonium triggers used in early atomic bombs. The war efforts led to
3311-411: The defining feature of research is that the researchers do not know in advance exactly how to accomplish the desired result. As a result, "higher R&D spending does not guarantee more creativity, higher profit or a greater market share". Research is the most risky financing area because both the development of an invention and its successful realization carries uncertainty including the profitability of
3388-527: The early 1900s. In 1906, Charles F. Kettering , a leading engineer at the company, helped develop the first electric cash register, which propelled NCR into the national spotlight. NCR also helped develop the US Navy Bombe , a code-breaking machine that helped crack the Enigma machine cipher during World War II . Dayton has been the home for many patents and inventions since the 1870s. According to
3465-458: The federal government's National Urban Policy and New Community Development Act of 1970 , funding was provided for thirteen "new towns" or planned cities throughout the country. One location was set to become a suburb of Dayton and was known variously as Brookwood or Newfields. The goal was to have an entirely new suburb that would eventually house about 35,000 residents. The new town was to be located between Trotwood and Brookville, and modeled on
3542-479: The first flight was in Kitty Hawk, North Carolina , their Wright Flyer was built in and returned to Dayton for improvements and further flights at Huffman Field , a cow pasture eight miles (13 km) northeast of Dayton, near the current Wright-Patterson Air Force Base. When the government tried to move development to Langley field in southern Virginia, six Dayton businessmen including Edward A. Deeds, formed
3619-452: The first mechanical cash register, and Arthur E. Morgan 's hydraulic jump, a flood prevention mechanism that helped pioneer hydraulic engineering . Paul Laurence Dunbar , an African-American poet and novelist, penned his most famous works in the late 19th century and became an integral part of the city's history. Powered aviation began in Dayton. Orville and Wilbur Wright were the first to construct and demonstrate powered flight. Although
3696-563: The following excerpt: She shall ever claim our duty, For she shines—the brightest gem That has ever decked with beauty Dear Ohio's diadem. Dayton also plays a role in a nickname given to the state of Ohio, "Birthplace of Aviation." Dayton is the hometown of the Wright brothers , aviation pioneers who are credited with inventing and building the first practical airplane in history. After their first manned flights in Kitty Hawk, North Carolina , which they had chosen due to its ideal weather and climate conditions,
3773-634: The ground for less than a mile, one was an EF4 measuring a half-mile-wide (805 meters), which tore through the communities of Brookville, Trotwood, Dayton, Northridge, and Riverside. Several streets were closed, including portions of I-75 and North Dixie Drive in Northridge. 64,000 residents lost power and much of the region's water supply was cut off. The Dayton Audubon Society is the National Audubon Society 's local chapter. The Dayton chapter manages local activities contributing to
3850-445: The high risk of failure and consequently high gross margins from 60% to 90% of revenues. That is, gross profits will be as much as 90% of the sales cost, with manufacturing costing only 10% of the product price, because so many individual projects yield no exploitable product. Most industrial companies get 40% revenues only. On a technical level, high tech organizations explore ways to re-purpose and repackage advanced technologies as
3927-418: The ideas of Ian McHarg . The project was abandoned in 1978 and most of the land became Sycamore State Park . Dayton's city proper population declined significantly from a peak of 262,332 residents in 1960 to 137,644 residents in 2020. This was in part due to the slowdown of the region's manufacturing sector. The metropolitan area as a whole has experienced both population growth and decreases since 1960, with
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#17327807393614004-782: The invention. One way entrepreneurs can reduce these uncertainties is to buy the licence for a franchise, so that the know-how is already incorporated in the licence. In general, it has been found that there is a positive correlation between the research and development and firm productivity across all sectors, but that this positive correlation is much stronger in high-tech firms than in low-tech firms. In research done by Francesco Crespi and Cristiano Antonelli, high-tech firms were found to have "virtuous" Matthew effects while low-tech firms experienced "vicious" Matthew effects, meaning that high-tech firms were awarded subsidies on merit while low-tech firms most often were given subsidies based on name recognition, even if not put to good use. While
4081-555: The late 1990s, Israel was second only to the US in private equity as a share of the general economy. The high tech sector in Israel, known as Silicon Wadi , which earned Israel the nickname - Start-up Nation , was ranked the 4th leading startup ecosystem in the world by Startup genome with a value of $ 253billion in 2023. Europe is lagging behind in R&D investments from the past two decades. The target of 3% of gross domestic product (GDP)
4158-517: The loss of manufacturing jobs and decentralization of metropolitan areas, as well as the national housing crisis that began in 2008. While much of the state has suffered for similar reasons, the impact on Dayton has been greater than most. Dayton had the third-greatest percentage loss of population in the state since the 1980s, behind Cleveland and Youngstown. Despite this, Dayton has begun diversifying its workforce from manufacturing into other growing sectors such as healthcare and education. In 1995,
4235-606: The north of downtown Dayton, which lies within the valley of the Miami River ; thus temperatures there are typically cooler than in downtown. At the airport, monthly mean temperatures range from 27.5 °F (−2.5 °C) in January to 74.1 °F (23.4 °C) in July. The highest temperature ever recorded in Dayton was 108 °F (42 °C) on July 22, 1901, and the coldest was −28 °F (−33 °C) on February 13 during
4312-429: The outset. Unlike the population of, say, New York City, Geneva or Washington , which would scarcely notice another conference, Daytonians were proud to be part of history. Large signs at the commercial airport hailed Dayton as the "temporary center of international peace." The local newspapers and television stations covered the story from every angle, drawing the people deeper into the proceedings. When we ventured into
4389-408: The overall trend leaning towards growth for the metro area. The city's most populous ethnic group, white, declined from 78.1% in 1960 to 51.7% by 2010. As of the census of 2020, there were 137,644 people living in the city, for a population density of 2,466.47 people per square mile (952.31/km ). There were 68,899 housing units. The racial makeup of the city (including Hispanics in the racial counts)
4466-478: The pandemic report spending a big portion of their expenditure in 2020 on software, data, IT infrastructure, and website operations. A 2021/2022 survey found that one in every seven enterprises in the Central, Eastern and South Eastern regions (14%) may be classed as active innovators — that is, firms that spent heavily in research and development and developed a new product, process, or service — however this figure
4543-588: The population were employed, and 24.4% had a bachelor's degree or higher. As of the 2010 census, there were 141,759 people, 58,404 households, and 31,064 families residing in the city. The population density was 2,543.2 inhabitants per square mile (981.9/km ). There were 74,065 housing units at an average density of 1,330.9 per square mile (513.9/km ). The racial makeup of the city was 51.7% White , 42.9% African American , 0.3% Native American , 0.9% Asian , 1.3% from other races , and 2.9% from two or more races. Hispanic or Latino residents of any race were 3.0% of
4620-441: The population. There were 58,404 households, of which 28.3% had children under the age of 18 living with them, 25.9% were married couples living together, 21.4% had a female householder with no husband present, 5.9% had a male householder with no wife present, and 46.8% were non-families. 38.8% of all households were made up of individuals, and 11.2% had someone living alone who was 65 years of age or older. The average household size
4697-457: The primary goal of an R&D department is to develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment . R&D is crucial for acquiring larger shares of the market through new products. R&D&I represents R&D with innovation. New product design and development
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#17327807393614774-513: The rights of others, that Dayton is the gem of all our interior towns. It possesses wealth, refinement, enterprise, and a beautiful country, beautifully developed. In the late 1840s, Major William D. Bickham of the Dayton Journal began a campaign to nickname Dayton the "Gem City." The name was adopted by the city's Board of Trade several years later. Paul Laurence Dunbar referred to the nickname in his poem, "Toast to Dayton", as noted in
4851-412: The site of several race riots, including one in 1955 following the murder of Emmett Till , the 1966 Dayton race riot , two in 1967 (following a speech by civil rights activist H. Rap Brown and another following the police killing of an African American man), and one in 1968 as part of the nationwide King assassination riots . Since the 1980s, however, Dayton's population has declined, mainly due to
4928-433: The state of an industry , the degree of competition or the lure of progress . Some common measures include: budgets , numbers of patents or on rates of peer-reviewed publications . Bank ratios are one of the best measures, because they are continuously maintained, public and reflect risk. In the United States, a typical ratio of research and development for an industrial company is about 3.5% of revenues; this measure
5005-490: The strength of the correlation between R&D spending and productivity in low-tech industries is less than in high-tech industries, studies have been done showing non-trivial carryover effects to other parts of the marketplace by low-tech R&D. Business R&D is risky for at least two reasons. The first source of risks comes from R&D nature, where R&D project could fail without residual values. The second source of risks comes from takeover risks, which means R&D
5082-418: Was 2.26, and the average family size was 3.03. Research and development Research and development ( R&D or R+D ) is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses,
5159-422: Was 38.4. For every 100 females, there were 101.5 males. According to the U.S. Census American Community Survey , for the period 2016-2020 the estimated median annual income for a household in the city was $ 43,780, and the median income for a family was $ 60,408. About 25.4% of the population were living below the poverty line , including 39.5% of those under age 18 and 21.5% of those age 65 or over. About 53.6% of
5236-415: Was 47.6% White , 40.7% Black or African American , 0.4% Native American , 1.4% Asian , 0.1% Pacific Islander , 3.3% from some other race , and 6.6% from two or more races. Separately, 5.7% of the population were Hispanic or Latino of any race. There were 63,308 households, out of which 22.1% had children under the age of 18 living with them, 24.5% were married couples living together, 30.9% had
5313-417: Was able to show that it was not necessary to build 336 Bombes , so the initial order was scaled down to 96 machines to decipher German Enigma-machine-encrypted secret messages during World War II. Between the 1940s and the 1970s, the city saw significant growth in suburban areas from population migration. Veterans were returning from military service in large numbers seeking industrial and manufacturing jobs,
5390-688: Was admitted into the Union in 1803, and the village of Dayton was incorporated in 1805 and chartered as a city in 1841. The city was named after Jonathan Dayton , a captain in the American Revolutionary War who signed the U.S. Constitution and owned a significant amount of land in the area. In 1827, construction on the Dayton–Cincinnati canal began, which provided a better way to transport goods from Dayton to Cincinnati and contributed significantly to Dayton's economic growth during
5467-562: Was built in the hopes of replacing open-air markets throughout the city. Throughout the decades, the Arcade has gone through many transformations but has retained its charm. Some of its main features include a Flemish facade at the Third Street entrance, a glass dome above the Arcade rotunda, and a chateau roof line above the Third Street facade. The Dayton Arcade is currently under renovations with no official completion date set. In 2009,
5544-477: Was destined to fund basic research. According to National Science Foundation in U.S., in 2015, R&D expenditures performed by federal government and local governments are 54 and 0.6 billions of dollars. The federal research and development budget for fiscal year 2020 was $ 156 billion, 41.4% of which was for the Department of Defense ( DOD ). DOD's total research, development, test, and evaluation budget
5621-415: Was home to the Dayton Project , a branch of the larger Manhattan Project , to develop polonium triggers used in early atomic bombs. With the decline of heavy manufacturing in the late 20th century, Dayton's businesses have diversified into a service economy . Ohio's borders are within 500 miles (800 km) of roughly 60 percent of the country's population and manufacturing infrastructure, making Dayton
5698-528: Was meant to be reached by 2020, but the current amount is below this target. This also causes a digital divide among countries since only a few EU Member States have R&D spending. Research and innovation in Europe are financially supported by the programme Horizon 2020 , which is open to participation worldwide. A notable example is the European environmental research and innovation policy , based on
5775-552: Was on display. Downtown expansion that began in the 2000s has helped revitalize the city and encourage growth. Day Air Ballpark , home of the Dayton Dragons , was built in 2000. The highly successful minor league baseball team has been an integral part of Dayton's culture. In 2001, the city's public park system, Five Rivers MetroParks , built RiverScape MetroPark, an outdoor entertainment venue that attracts more than 400,000 visitors each year. A new performance arts theater,
5852-486: Was originally Winters Tower, the headquarters of Winters Bank. The building was renamed after Virginia Kettering when Winters was merged into Bank One . KeyBank Tower was known as the MeadWestvaco Tower before KeyBank gained naming rights to the building in 2008. Ted Rall said in 2015 that over the last five decades Dayton has been demolishing some of its architecturally significant buildings to reduce
5929-508: Was roughly $ 108.5 billion. Israel is the world leader in spending on R&D as a percentage of GDP as of 2022, spending 6.02%. According to CSIS, During the 1970s and 1980s Israel initially built up Israel's research infrastructure through various programs, often in the defence industry. In 1984, a law for Encouragement of Research and Development in Industry encouraged the commercial sector to invest in R&D in Israel as well as empowered
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