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Publicações

Publicações por CITE

2020

The Context Facets of Sustainability Entrepreneurial Orientation (SEO) through the lense of gender: A quantitative measurement approach

Autores
Costa, J; Pita, M;

Publicação
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

Open Innovation 4.0 as an Enhancer of Sustainable Innovation Ecosystems

Autores
Costa, J; Matias, JCO;

Publicação
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

Persistence in innovation and innovative behavior in unstable environments

Autores
Costa, J; Teixeira, AAC; Botelho, A;

Publicação
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

Performance Determinants in Family Business

Autores
Costa, J;

Publicação
Advances in Business Strategy and Competitive Advantage - Entrepreneurial Development and Innovation in Family Businesses and SMEs

Abstract
Family businesses (FBs) are central to economies: in Portugal the impact of these structures reaches 2/3 of the GDP, 1/2 of the labour force, and 4/5 of the firms in operation, most of them being SMEs. These organisations play a central role in terms of job creation, local development, knowledge transfer, and territorial cohesion. Innovative activities are key factors for competitive economies; yet innovation increases risk exposure and FBs are conservative and risk adverse, resisting change, relying on internal factors rather than opening to the external environment, consequently postponing innovation and thus pledging their future. Their embedded culture reduces innovative propensity; still, the existence loyalty trust and informal networks enhance individual or collective innovation processes. Using a dataset of 110 FBs innovation and internationalization along with other structural characteristics are connected to their economic performance, shedding light on the determinants FB economic efficiency. Given their importance, made-to-measure policy schemes should be designed.

2020

Does It Pay Off for Mayors to Accurately Manage Finance on Municipalities?

Autores
Costa, J;

Publicação
Advances in Public Policy and Administration - Financial Determinants in Local Re-Election Rates

Abstract
Under the premise of rationality, politicians behave to maximize re-election probability. Favorable macroeconomic contexts, alignment with central governance, and balanced public finance will be rewarded leading to re-election. Logit estimations applied to Portuguese municipalities in the period 2002-2017 fail to empirically support these theoretical effects, providing no incentive-controlled policy actions. Local voters do not punish mayors for the adverse economic performance, staying loyal to ideological voting geographically and over time. Only turnout punishes incumbents over the entire period. The introduction of the law of limitation of terms did not change the incentives towards wise governance; therefore, lack of electoral punishments to undesirable policy actions withstands the potential misconduct of incumbents. Existing evidence points to the need of reforms in what concerns electoral participation as when we compel voters to express their democratic rights, they become more critical to undesirable achievements.

2020

Why innovative firms do not rely on universities as innovation sources?

Autores
Costa, J; Rodrigues, C;

Publicação
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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