In searching for improvements in the measurement of innovation, in this paper we suggest the idea of conceiving innovation as a latent variable or concept, i.e., one that cannot be accurately defined or directly measured. We propose the use of multivariate statistical analysis (a combination of...

This paper presents an analysis on the higher education graduates' employability in the field of Business and Administration in Portugal. Using econometric techniques, we consider the impact of several variables in the unemployment "propensity" of the pair study program/institution. The results...

The academic and political discussion about which countries met the conditions for joining EMU was decisively influenced by the Frankel and Rose (1997) hypothesis concerning endogenous OCA properties. The answer to their question "Is EMU more justifiable ex post than ex ante?" was a definite yes...

This paper asks whether the stocks of bankrupt firms are correctly priced, and explores who trades the stocks of these firms, and why. Our sample consists of firms that enter into Chapter 11 and remain listed on the NYSE, AMEX, and NASDAQ post-filing. We show that these stocks are heavily traded...

Although not new, tax incentives have known major changes over recent years and it is becoming an increasingly important instrument in the policy mix to stimulate private R&D in many countries around the world. The OECD reports three major trends: The implementation of R&D tax incentives schemes...

The Subprime Crash that started capitalism’s latest crisis was mainly a proxy for an inexistent housing policy which would benefit many impoverished middle class families. Housing being clearly recognized as a human right, the behaviour of markets and its critical consequences could lead us to...

Knowing that the purchase of agricultural machinery largely dominates the investment made at farm level in many programs to support the development of the agricultural sector, we sought to evaluate the reasons and rationale for that choice by farmers. The study was conducted in Beira Interior...

This article analyzes the determinants of the European venture capital market, extending the equilibrium model from Jeng and Wells (2000). Our empirical model includes many of the determinants already tested in previous studies. In addition, we test whether the unemployment rate, the trade sale...

This paper aims to provide evidence supporting the following: that recent theoretical, empirical and methodological advances in microeconomics are decisive to the progress of marketing science. That such a notion is not yet mainstream and uncontroversial, we contend, is more due to insufficient...

Every year thousands of hectares of forest are destructed as a result of the practice of swidden agriculture, shifting cultivation or "slush and burn" causing changes in forest ecosystems. In Timor-Leste shifting cultivation is still practiced nowadays as a form of subsistence agriculture. The...