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May 27, 2012

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1828 Definition

RE'ASONING, ppr. arguing; deducing inferences from premises; debating; discussing.

RE'ASONING, n. The act or process of exercising the faculty of reason; that act or operation of the mind by which new or unknown propositions are deduced from previous ones which are known and evident, or which are admitted or supposed for the sake of argument; argumentation; ratiocination; as fair reasoning; false reasoning; absurd reasoning; strong or weak reasoning. The reasonings of the advocate appeared to the court conclusive.

1913 Definition
Reasoning (reasoning)
n.
Rea"son*ing
  1. The act or process of adducing a reason or reasons; manner of presenting one's reasons.
  2. That which is offered in argument; proofs or reasons when arranged and developed; course of argument.

    His reasoning was sufficiently profound. Macaulay.

    Syn. -- Argumentation; argument. -- Reasoning, Argumentation. Few words are more interchanged than these; and yet, technically, there is a difference between them. Reasoning is the broader term, including both deduction and induction. Argumentation denotes simply the former, and descends from the whole to some included part; while reasoning embraces also the latter, and ascends from the parts to a whole. See Induction. Reasoning is occupied with ideas and their relations; argumentation has to do with the forms of logic. A thesis is set down: you attack, I defend it; you insist, I reply; you deny, I prove; you distinguish, I destroy your distinctions; my replies balance or overturn your objections. Such is argumentation. It supposes that there are two sides, and that both agree to the same rules. Reasoning, on the other hand, is often a natural process, by which we form, from the general analogy of nature, or special presumptions in the case, conclusions which have greater or less degrees of force, and which may be strengthened or weakened by subsequent experience.

1828 dictionary
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An application of the Patent Rank Score will be used to validate the concept of economic development and firm value. Specifically, it will be shown that the Patent Rank Score will provide improved explanatory power over previous measures of radical innovation and firm performance. \citet{Mizik:2003} described the importance of strategic emphasis and value creation/appropriation on firm performance. In the analysis, firms were grouped into low-, stable-, and high- technology groups. In the first analysis, the firms are objectively grouped based on Patent Rank Scores. Further analysis will model firm performance based on stock returns and strategic emphasis \citep{Mizik:2003}. Mediation of innovation using Patent Rank Scores will also be considered.




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