2020
Authors
Costa, J; Pita, M;
Publication
Building an Entrepreneurial and Sustainable Society
Abstract
Addressing sustainable development and societal challenges have been placed at the heart of all government priorities, detachedly of country stage of development, as a mean to achieve prosperity through social cohesion and equality. In this setting, entrepreneurship appears to be a powerful tool to encompass economic, social, and environmental goals, particularly when sustainability oriented. Sustainability oriented entrepreneurs (henceforth SEO) are still focused in profit maximization strategies combined with environmental respect and social inclusion and rely on a firm-based entrepreneurship initiative integrating the triple bottom line. The chapter aims to understand the role of culture (culture and social norms) on SEO activity among several countries, along with gender heterogeneity. Specifically, the study determines the moderating effect of (national) culture on SEO. The study uses a logistic regression and the Global Entrepreneurship Monitor (GEM) database from 2015, with information of 60 countries. © 2020, IGI Global.
2020
Authors
Costa, J; Matias, JCO;
Publication
SUSTAINABILITY
Abstract
Innovation matters. Business success increasingly depends upon sustainable innovation. Observing recent innovation best practices, the emergence of a new paradigm is traceable. Creating an innovative ecosystem has a multilayer effect: It contributes to regional digitalization, technological start-up emergence, open innovation promotion, and new policy enhancement retro-feeding the system. Public policy must create open innovation environments accordingly with the quintuple helix harmonizing the ecosystem to internalize emerging spillovers. The public sector should enhance the process, providing accurate legal framework, procurement of innovation, and shared risks in R&D. Opening the locks that confine the trunks of community, academic, industry, and government innovation will harness each dimension exploiting collective and collaborative potential of individuals towards a brighter sustainable future. In this sense, the aim of this study is to present how open innovation can enhance sustainable innovation ecosystems and boost the digital transition. For that, firstly, a diachronic perspective of the sustainable innovation ecosystem is traced, its connection to open innovation, and identification of the university linkages. Secondly, database exploration and econometric estimations are performed. Then, we will ascertain how far open innovation frameworks and in particular the knowledge flows unveiled by the university promote smart and responsible innovation cycles. Lastly, we will propose a policy package towards green governance, empowering the university in governance distributed ecosystem, embedded in the community, self-sustained with shared gains, and a meaningful sense of identity.
2020
Authors
Costa, J; Teixeira, AAC; Botelho, A;
Publication
International Journal of Systematic Innovation
Abstract
Analyzing the persistence of the innovative activities can improve the understanding of firm dynamics, forecast the effectiveness of different policy actions, reinforce innovation cycles and promote sustainable and responsible innovation ecosystems. Innovation persistence was empirically analyzed for innovation leaders or even followers; still the literature fails to provide evidence for moderate innovators. The present article appraises the innovative strategy of firms operating in this context and their attitudes towards persistence, controlling for firm characteristics such as size, sector, R&D exenditures and human capital intensity. To do so, a balanced panel was built, encompassing three waves of the Portuguese Community Innovation Survey (CIS), (2004 to 2010) including 1099 firms from different areas. The estimation of the random effects probit model, evidenced that persistence hypothesis fails to be corroborated, evidencing no time dependent innovation strategies. Such result suggests that innovation policy programs do not have long-lasting effect on innovative behavior of firms and it is unlikely that incumbent past innovators be the drivers of creative accumulation and future innovation. There is, however, some evidence that new, smaller, innovators might lead the creative wave. In this vein, there might be a rational to encourage public policies targeting start-up firms and new market entrants when innovation is the main primary funding goal. © 2020 Society of Sytematic Innovation.
2020
Authors
Costa, J;
Publication
Advances in Business Strategy and Competitive Advantage - Entrepreneurial Development and Innovation in Family Businesses and SMEs
Abstract
2020
Authors
Costa, J;
Publication
Advances in Public Policy and Administration - Financial Determinants in Local Re-Election Rates
Abstract
2020
Authors
Costa, J; Rodrigues, C;
Publication
Global Business and Economics Review
Abstract
The science and technology (S&T) binomial is often considered in the literature as an innovation system per se. Different theoretical frameworks, such as the 'national innovation systems', 'regional innovation systems' and the 'triple helix', were put forward in order to conceptualising the role of a diversity of agents in innovation processes underpinning knowledge-driven economies. More recently, the conceptual framework of smart specialisation has reinforced the importance of innovation and its diffusion in the entrepreneurial sector. Universities are still deemed as having a potentially pivotal role to play, not only in knowledge production but also in innovation delivery. The goal of this research is to discuss the importance of universities as sources of knowledge for innovative activities in Portugal. A panel comprising three waves of the CIS was built to estimate a hurdle model, the discussion of the estimation results attempt to provide some policy recommendations on the role of universities in knowledge production and diffusion and its connection to innovative firms. © 2020 Inderscience Enterprises Ltd.
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