Viewing 5 posts categorized under Innovation

Universities’ entrepreneurial activity and regional competitiveness

February 6, 2023

Higher education institutions, broadly labelled as ‘universities’, are considered essential actors in the promotion of economic and cultural growth in the modern knowledge society. Often, they are affected by regional stakeholders and are expected to adjust their strategies in order to contribute to technological and economic specialization at the regional level. Caption: Overall impact of Entrepreneurial University factors on regional competitiveness. A commonly accepted definition of an Entrepreneurial University is that it provides the right environment for researchers to generate, transform and commercialize their knowledge and technology.

Knowledge inheritance and performance of spinouts

February 2, 2023

Evidence about the performance of entrepreneurial ventures shows that “spinouts” – new firms started by former employees of established companies – are usually more successful than other start-ups. This is particularly the case when the new venture is started in the same industrial sector where the founder’s former employer operates. The main reason for this superior performance is that spinout founders bring to the new venture specific organizational and technological knowledge acquired while working for their former employers.

Investment grants and firm productivity

December 31, 2022

This paper evaluates the effectiveness of awarding multiple investment grants to the same firm. Several factors have contributed to bringing public subsidies back to the limelight: the COVID-19 pandemic, trade wars between the US and China, the war in Ukraine, and the disruption in global supply chains. These factors contributed to a global wave of public subsidies in China, in the United States, and in the European Union. This research assesses the impact of investment grants by the European Regional Development Fund (ERDF) on the productivity of Portuguese firms in 2007-2018.

Cancer patients' survival following the reference centre model implementation

July 18, 2022

This paper performs a survival analysis of cancer patients in Portugal, assessing the impact of the creation of oncology Reference Centres (RCs). RCs are a highly specialized healthcare delivery centre, focused on addressing specific health conditions, such as cancer, and delivering best-in-class treatment. Oncology RCs have been officially recognized in Portugal since 2016, following the European Directive 2011/24/EU, and were a National Health System objective during the Economic Stabilization Program. In a context of financial resources scarcity, information about the efficacy of the investments made in RCs is crucial for decision-making concerning funds allocation.

R&D tax credit and firm behavior

July 18, 2022

Studies carried out to date assessed and compared the impact of public support for R&D activities, whether in direct funding (grants) or tax credits. This paper studies how these instruments’ affect R&D personnel. The growing knowledge orientation of the economy and society and changes in the labor market make investing in skills and their lifelong upgrading increasingly important. Skilled human capital for research, innovation, and economic development are crucial in sustaining the needs of a knowledge economy.