2017
Authors
Nagarajan, R; Teixeira, AAC; Silva, S;
Publication
SINGAPORE ECONOMIC REVIEW
Abstract
Population ageing and its influence on the economic growth has long been the focus of major concern. Using bibliometric techniques we found that: (1) although ageing has increasingly attracted more researchers within economics literature, the relative weight of ageing and economic growth related papers does not evidence a clear positive trend; (2) recent studies reveal the willingness of researchers to evaluate less immediate mechanisms relating ageing and economic growth; (3) the increase in the use of empirical methods reflects a trend to test economic phenomena with real-world data against the theory; (4) very few studies focus on developing and less developed countries.
2017
Authors
Teixeira, AAC; Renuga Nagarajan, NR; Silva, ST;
Publication
REVIEW OF DEVELOPMENT ECONOMICS
Abstract
Studies relating ageing and countries' economic performance address mostly developed economies. However, extant studies demonstrate that less developed countries (LDC) and emerging economies (EE) are reaching the transition process faster than those from developed regions, which renders the speed of ageing, besides ageing, a critical variable to explore in this context. Comparing system dynamic panel data estimations for 40 LDC, 19 EE and 28 developed countries (DC), between 1990 and 2013, we uncovered that ageing is detrimental to countries' economic growth, with noticeable nuances depending on countries' development level. The current level of ageing significantly and negatively impacts on DC's growth but not on that of LDC or EE. For these latter groups, the most relevant issue is the speed of ageing. The current annual growth of old age dependency ratio significantly diminishes EE's growth prospects whereas the lagged annual growth of the ageing index and the old age dependency ratio significantly curtails LDC's growth. Such results emphasize the need for urgent public policies that might mitigate the imbalance in LDCs' age structure before the speed of ageing leads LDCs to become even much poorer.
2017
Authors
Teixeira, AAC;
Publication
The World Scientific Reference on Entrepreneurship
Abstract
Academic and political interest in Academic Spin-offs (ASOs) has increased significantly in the last few years. In 2007 the Portuguese government established, jointly with the University of Texas at Austin, the University Technology Enterprise Network (UTEN), a network of professional Technology Transfer Offices focused on the commercialization and internationalization of Portuguese Science and Technology. The present chapter assesses the role of S&T infrastructures and support on the economic performance of a sample of Portuguese ASOs associated to the UTEN. Econometric estimations revealed that certain types of S&T infrastructures (incubators) and support mechanisms (access to skilled labor business mentoring and counselling) were critical for the economic performance of ASOs. In contrast, other contextual factors, namely the characteristics and endowments of host universities and the level of development of regions where the companies located failed to influence their economic performance. Such results highlight the need for continuing and sustainable public investment/efforts aimed at strengthen technology transfer and commercialization process in Portugal.
2017
Authors
Teixeira, AAC; Forte, RP;
Publication
REVIEW OF MANAGERIAL SCIENCE
Abstract
Studies on entrepreneurial intentions often neglect the heterogeneity of individuals' education background. This paper develops an integrated intention-based framework and analyzes the impact of fields of study on entrepreneurial intentions. Based on a sample of 2423 final-year students, enrolled in 32 fields of study, and resorting to logistic estimations, we find that, beside the attitude towards starting a business, fields of study, considered at a highly detailed level, are relevant (direct and indirect) predictors of entrepreneurial intention. We unambiguously show that there is a huge hidden potential for new venture creation in fields of study related to creative and leisure activities (e.g., Arts and humanities, or, more specifically, Literature and linguistics, History and archaeology, Audio-visual techniques and media production, Sports, and Architecture and town planning), Law, and Health (most notably, Pharmacy and Veterinary). Significant differences in the level of intention between students of different fields of study indicate that universities should more extensively focus entrepreneurship education on students in other subject area than business or engineering/technology sciences.
2017
Authors
Teixeira, AAC; Vieira, PC; Abreu, AP;
Publication
SCIENTOMETRICS
Abstract
A Sleeping Beauty (SB) is a publication that goes unnoticed for a long time, and then, almost suddenly, is awakened by a 'prince' (PR), attracting from there on a lot of attention in terms of citations. Although there are some studies on the SB and the PR phenomena in the sciences, barely any research on this topic has been conducted in the social sciences, let alone in innovation studies. Based on 52,373 articles extracted from the Web of Science and using a new method that, comparatively with extant methods, selects SBs with the highest scientific impact, we found that, similarly to the sciences, SBs are rare in the field of innovation (<0.02%). In contrast with the sciences, the depth of sleep is relatively small, ranging from 7 to 17 years. All the 8 SBs found, and the (37) corresponding princes, were published in highly renowned journals (e.g., Harvard Business Review, Journal of Management Studies, Organization Studies, Rand Journal of Economics, Research Policy). The explanations for the delayed recognition are associated with innovative methods, scientific resistance, and theoretical-relatedness. The role of highly influential authors and self-awakening mechanisms were critical triggers for bringing SBs into scientific notoriety.
2017
Authors
van Kemenade, T; Teixeira, AAC;
Publication
RISUS-JOURNAL ON INNOVATION AND SUSTAINABILITY
Abstract
Policymakers have an important role in enabling eco-innovation. To assess the effectivity of these interventions, it is necessary to characterize policies, namely the level of policy stringency. The present study contributes to extant empirical literature by performing a cross-country assessment of the impact of policy stringency on the outcomes (rather than the inputs) of the eco-innovation process. Contrasting with extant evidence, results fail to evidence the relevance of policy stringency for eco-innovation performance. Notwithstanding, policy stringency emerged indirectly as a potential critical determinant. Indeed, the possibility to save costs is often driven by policy instruments that punish pollution intensive firms.
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