Search results for "INVESTMENTS"

R&D Offshoring and the Productivity Growth of European Regions

2013

The recent increase in R&D offshoring have raised fears that knowledge and competitiveness in advanced countries may be at risk of `hollowing out\'. At the same time, economic research has stressed that this process is also likely to allow some reverse technology transfer and foster growth at home. This paper addresses this issue by investigating the extent to which R&D offshoring is associated with productivity dynamics of European regions. We find that offshoring regions have higher productivity growth, but this positive effect fades down with the number of investment projects carried out abroad. A large and positive correlation emerge between the extent of R&D offshoring and the home reg…

The economic impact of the EFF on the competitiveness of Sicilian fish companies

2017

The measure 2.3 of the European Fisheries Fund, in Sicily, claimed investments of fish companies in production capacity expansion and modernization of fish processing. Have these investments been effective in supporting the competitiveness of these companies and have they influenced the economic sustainability of the regional seafood chain? Proposed analysis contributes to this assessment through an exploratory survey and a review of the changes in their business performance.

To Calculate or To Follow Others : How Do Information Security Managers Make Investment Decisions?

2019

Economic models of information security investment suggest estimating cost and benefit to make an information security investment decision. However, the intangible nature of information security investment prevents managers from applying costbenefit analysis in practice. Instead, information security managers may follow experts’ recommendations or the practices of other organizations. The present paper examines factors that influence information security managers’ investment decisions from the reputational herding perspective. The study was conducted using survey questionnaire data collected from 106 organizations in Finland. The findings of the study reveal that the ability and reputation …

Market Impact and Trading Profile of Hidden Orders in Stock Markets

2009

We empirically study the market impact of trading orders. We are specifically interested in large trading orders that are executed incrementally, which we call hidden orders. These are statistically reconstructed based on information about market member codes using data from the Spanish Stock Market and the London Stock Exchange. We find that market impact is strongly concave, approximately increasing as the square root of order size. Furthermore, as a given order is executed, the impact grows in time according to a power law; after the order is finished, it reverts to a level of about 0.5-0.7 of its value at its peak. We observe that hidden orders are executed at a rate that more or less m…

Development of urban areas in the conditions of territorial-oriented policy - theoretical assumptions and experience in functional areas of Polish ci…

2018

Governance, contract structure and risk assessment in inter-firm relationships (IFRs) and venture capital investments

2012

Demystifying the Possibilities of ICT4D in the Mountain Regions of Nepal

2011

Author's version of a chapter in the book: Proceedings of the 44th Hawaii International Conference on System Sciences. Also available from the publisher at: http://dx.doi.org/10.1109/HICSS.2011.142 Despite the substantial investments in ICT4D projects in developing countries, the benefits are yet to be realised by the majority of remote communities. Inaccessibility to ICT has widened educational, healthcare, information, and communication gaps between urban and remote communities. This paper focuses on an interpretive case study in Nepal to widen our understanding of how locally-initiated ICT4D projects may help to narrow these gaps. The study utilises the Assets Pentagon Model to identify …

Fuel for commercial politics: the nucleus of early commercial proliferation of atomic energy in three acts

2020

Historical research into the nuclear industry has focussed upon military and commercial aspects of the technology whilst ignoring fuel. This article discusses nuclear fuel, the resource at the centre of the industry and the role superpower politics played in its supply. Starting with the context of superpower competition, we examine the spread of nuclear technology from its beginnings in post-war Britain via West Germany in the 1950s to Finland in the 1960s and 1970s. We demonstrate that each country had varied interests affecting the choice of nuclear fuel for early energy projects; British fuel choices were constrained by its weapons programme and Germany needed legitimacy in the face of …

Dominating Clasp of the Financial Sector Revealed by Partial Correlation Analysis of the Stock Market

2010

What are the dominant stocks which drive the correlations present among stocks traded in a stock market? Can a correlation analysis provide an answer to this question? In the past, correlation based networks have been proposed as a tool to uncover the underlying backbone of the market. Correlation based networks represent the stocks and their relationships, which are then investigated using different network theory methodologies. Here we introduce a new concept to tackle the above question--the partial correlation network. Partial correlation is a measure of how the correlation between two variables, e.g., stock returns, is affected by a third variable. By using it we define a proxy of stoc…

Il Paradigma della Città Fluida

2013

Nella recente crisi globale i poderosi flussi di capitali finanziari, sociali e relazionali che hanno alimentato la riqualificazione urbana nel corso degli ultimi quindici anni non sono più disponibili ad essere intercettati in maniera indiscriminata così come è stato possibile fino a qualche anno fa. Nell'era della crisi strutturale le città più dinamiche non sono più quelle in grado di attrarre progetti urbani iconici ed investitori spinti dal mercato immobiliare o dalla redditività delle attività ricreative, ma quelle città che, a partire dalle loro profonde e diversificate risorse culturali, saranno capaci di attuare una vera e propria “metamorfosi” per usarle come base per la creazione…