Performance-dependent options are financial derivatives whose payoff depends on the performance of one asset in comparison to a set of benchmark assets. This paper presents a novel approach to the valuation of general performance-dependent options. To this end, a multidimensional Black-Scholes...

Primary care (PC) is a form of organisation from the public health assistance structure that plays a key function for the local systems of healthcare, which guarantees the principles of the health system in Brazil. Based on the theories that sustain the concepts of innovation, this research has...

Purpose The purpose of this paper is to study the role of the actors (especially firms) in interactions between contexts defined as “innovation ecosystems.” Design/methodology/approach The paper presents a conceptual framework. A review of the literature to frame the concepts of innovation...