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In a common emerging model, traditional universities provide the intellectual capital, content, and content support; evaluate student performance; and award appropriate degree credit or certification.
These changes have led to strong international competition for the European national C&T-industries from low-wage countries (e.g., China entered the WTO in 2000) as C&T-production is a field in which newly industrializing countries are usually quickly entering due to its low capital content.
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All of this is good news for L.A., which is the world capital for content creators (rivaled only by New York City).
The article ends with a proposed classification of schools along four corners (culture, compass, capital, and content) and a discussion of which types of schools are best suited to adapt to these changes.
Baidu's video unit iQiyi has also shown signs of stress after it announced issuing a sizable convertible note to raise more capital for content investment.
"We did the Sand Hill Road tour and are in negotiations with capital and content providers," says Marks, who added that MVP.com is in the midst of an executive search for a chief executive, a chief financial officer and a full-time chief operating officer.
A key aim of the twofour54 media hub is to incubate local talent and ideas, and one way it aims to achieve that is through offering start-up capital to local content makers.
Niche streaming services for underserved markets (Korean Americans, horror fans) make sense now, in the near future they probably won't have the capital for the content arms race and will have to fold themselves in with a larger partner.
But on North Korea, where administration officials have concluded that no real military option is available because of the North's huge array of conventional weapons within easy reach of Seoul, the South Korean capital, Mr. Bush seems content to engage in the kind of slow consensus building that his critics say has been missing from the Iraq debate.
In short, the company continues to pour capital into new content.
While that might sound vague, Netflix is most certainly going to invest this capital in original content, as it has with earlier debt capital.
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