Don't you want to just focus back on the element after click on focusout?
$jQ(window).load(function refreshSummary() {
var activeElement;
$jQ("td").focus(function () {
activeElement = document.activeElement;
});
$jQ("td").focusout(function () {
var refreshLink = "ctl00_ctl00_m_g_78a9aecd_0fef_4b43_a2ff_45942fe92ea0_ctl01_ctl04_RefreshLink";
document.getElementById(refreshLink).click();
$(this).focus();
});
});