Because of bacterial resistance, current antibiotic consumption is reinforced by past use, and future utility is lower. The purpose of this article is to provide evidence on habit and addictive behavior toward antibiotics by exploring variations in the average consumption of antibiotics across...

This paper contributes to the literature on the legitimization of science-based firms, by investigating whether the affiliation by with prestigious universities affect their valuation at IPO, and how it interacts of the endorsements by prestigious underwriters and venture capitalists. Based on a...

This paper presents a new stochastic frontier model for panel data. The model takes into account firm unobservable heterogeneity and short-run and long-run sources of inefficiency. Each of these features is modeled by a specific random effect. In this way, firms’ latent heterogeneity is not...

While the literature on demand forecasting has examined the best practices in the field, the interpretation and definition of best practices can be difficult due to the different perspectives that the literature has adopted. First, a universalistic perspective can be considered because some...

In a reference framework towards the knowledge economy concept and in relation to the notion of Regional Innovation System (RIS), we consider a set of European regions that in the last two decades experienced a process of economic and industrial renewal, with a two-fold aim. Focusing on the time...

In un quadro di riferimento verso le knowledge economies, questo lavoro sottopone ad analisi l’insieme dei percorsi di sviluppo seguiti dai territori le cui economie appaiono ancora caratterizzate da una sensibile componente industriale, con una specializzazione nei settori più tradizionali...

In a reference framework towards the knowledge economy concept and in relation to the notions of Regional Innovation System (RIS) and Triple Helix, the purpose of this paper is to identify different paths of regional change with the aim of drawing some indication supporting local policy making....

Hard Core Cartels aim to design, being aware of the presence of an antitrust authority, market practices granting avoidance of antitrust investigations. We show, in a dynamic game, that they can reach this goal and get extra—normal profits. However, the bulk of this opportunity does not lay,...

This paper analyses a number of European regions that in the last decade, through a considerable change in their economic base, experienced a remarkable growth path and a significant increase in their competitiveness. The analysis was carried out with the aim of recognizing the main determinants...

Entrepreneurship broadly covers different areas because it is a pervasive phenomenon. We here analyze the role of entrepreneurship in mature industries, where strategic change may be necessary for avoiding decline. Firstly, mature industries are embedded with a potential renewed role for...