Examples of Mainly Corporate Funded Think Tanks: Manhattan Institute

The Manhattan Institute, founded by William Casey, who later became President Reagan's CIA director, besides subsidies from a number of large conservative foundations has gained funding from such corporate sources as: The Chase Manhattan Bank, Citicorp, Time Warner, Procter & Gamble and State Farm Insurance, as well as the Lilly Endowment and philantropic arms of American Express, Bristol-Myers Squibb, CIGNA and Merrill Lynch. Boosted by major firms, the Manhattan Institute budget reached US$ 5 million a year by the early 1990s.

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Smart card

A smart card is a credit-card size plastic card equipped with a microchip. this allows it to store a lot more data than a regular magnetic stripe, and to be recharged. Smart cards are most commonly used for electronic payment, phone calls and other day-to-day applications, but their potential lies in their versatility. Different type of data may be stored on the same smart card. The business expectation of the industry are ambitious, with expectations of an annual turnout of 2.7 bn smart cards by the year 2003.

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