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COVER STORY Outsourcing Innovation Big-name companies such as Dell, Motorola, and Philips are farming out their R&D to giant but little-known Asian developers. It's fast, efficient, and yes, it's cheaper. But the economic implications are enormous. Are these companies going too far? COVER IMAGE: Outsourcing Innovation SPECIAL REPORT The Top Fund Managers Standard & Poor's and BusinessWeek hand out their awards for excellence in fund management UP FRONT Talk Show The Hand That Bytes You Rejecting The Hacker Class States Have Pension Woes, Too Royal Zirconia Measuring The Tsunami's Wake Scott Ford: They'd Better Have Call Waiting Cell Phones: Even More Degrading? Overseas Execs, Your Options Are Going Native READERS REPORT What's Really Behind Pfizer's Funk? Why S&P Companies Raked It In Last Year Microsoft's New Weapon In The Game Wars Medicaid And The Middle Class Long Commutes Have Their Joys, Too CORRECTIONS & CLARIFICATIONS "The Allure Of Impax" (Inside Wall Street, Mar. 14, 2005) BOOKS Inside Enron's House of Cards TECHNOLOGY & YOU Like Having A VCR In Your Pocket ECONOMIC VIEWPOINT Social Security: Beware Of Hasty Compromises BUSINESS OUTLOOK U.S.: Job Creation Isn't A Problem, But Oil Might Be Eastern Europe: Searching For The Right Balance On Rates NEWS: ANALYSIS & COMMENTARY Sony's Sudden Samurai ONLINE EXTRA: Howard Stringer on "the Sony Spirit" Lessons From Matsushita's Playbook Commentary: The Wild, Wild East Why Boeing's Culture Breeds Turmoil A Painful Lesson: E-mail Is Forever Handicapping The HP Hopefuls The Zoom Machine At Chrysler Commentary: Now Workers Can Flex Some Muscle IN BIZ THIS WEEK Paul E. Jacobs: Someday, Son... Firmer With Fannie Oracle Is Still Hungry J.D. Power's New Driver Capital One Ropes A Bank Et Cetera... Closing Bell: McDonald's WASHINGTON OUTLOOK Private Accounts: If Past Is Prologue... Farm Supports vs. Food Stamps The French Start Knocking Heads ASIAN BUSINESS The Ties That Bind Delhi And Washington Welcome To Old India Now, Foster's Is Australian For Wine ONLINE EXTRA: A Big Taste for Aussie Wine Made In Korea: Axles, Wipers, And Brakes EUROPEAN BUSINESS The Big Brands Go Begging In Europe Cracks In The Kremlin THE MIDDLE EAST The Middle East: Where Western Telcos Fear To Tread INTERNATIONAL OUTLOOK Why The Next Pope May Be A Surprise Israel Cracks Down On Dirty Money Are Los Dos Amigos On The Outs? THE CORPORATION Commentary: He Really Got Harley Roaring ONLINE EXTRA: Thirty Years in Hog Heaven SPORTS BIZ One High-Stakes Card Game LEGAL AFFAIRS Wal-Mart vs. Class Actions INFORMATION TECHNOLOGY Symantec's Thompson: "I Can't Wait To Compete..." DEVELOPMENTS TO WATCH Can Frayed Nerves Be Fortified? This Steroid Sleuth Doesn't Quit A Whiff Of Detection Is Worth... "Worm Poop" And Prophylactic Yuks FINANCE Phil Purcell's Credibility Crisis Wall Street's Dirty Rotten Little Scoundrels MEDIA Mighty Week PEOPLE On The Hot Seat At Biogen FOOTNOTES E-Perks A-Poppin' Let That Pet Rack Up Miles Get Thee To A Shredder Montmartre On The Potomac THE BARKER PORTFOLIO Cedar Fair: The Thrill Is Gone INSIDE WALL STREET All Gussied Up At Pier 1 Coming In Clearer At Time Warner HealthTronics, A Urologist's Best Friend FIGURES OF THE WEEK Figures of the Week (.pdf) Online Extra: Production Index Components EDITORIALS Getting An Edge On Innovation Boeing Needs A New Board, Too INTERNATIONAL -- READERS REPORT Iran Can Thumb Its Nose At Iranians, Too A Closer Look At Birth Rates In Asia What If We Made Our World Younger? Why We Shouldn't Rush To Export To China INTERNATIONAL -- CORRECTIONS & CLARIFICATIONS "Welcome To The Mutual Fund Jungle" (International -- Finance, Mar. 7, 2005) INTERNATIONAL -- FINANCE Will Germany Give REITs A Chance? Banca Intesa: Bring 'Em On Thai Banks Crawl Back To Health INTERNATIONAL -- INT'L FIGURES OF THE WEEK Int'l Figures of the Week
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