Search results for "Olio"
showing 10 items of 630 documents
Institutional Contexts, the Management of Patent Portfolios, and the Role of Public Policies Supporting New EntrepreneurialVentures
2009
This chapter aims to increase our understanding of the relationships between firm strategies, the design of institutional contexts on behalf of public agents, and the stimulation of diffused entrepreneurship within the economic system. In particular, it analyzes the way in which firm patent portfolio management strategies may systematically hinder the emergence of entrepreneurial endeavors within the economic system and, on this basis, critically discusses how the acknowledgement of these interactions should influence the design of public policies at the economic system level. We argue that in economic contexts where intellectual property rights (IPR) are influential, large firms may intent…
CO2 Prices and Portfolio Management
2008
Since January 2005, the attention on European carbon markets has been increasing and thus the interest in studying the implications of the existence of two new assets in portfolio management. In this article we analyse both the characteristics of the EUAs Phase I and Phase II as a sole investment and the impact of including these two assets, considered separately, in a well-diversified portfolio. In order to control the problems of using historical returns, we have performed this analysis using as expected returns either historical returns or risk-adjusted returns. We find that, although the weights of EUAs are not too important when incorporating the EUAs in an optimal and well-diversified…
Baukunst. Goethe’s Notes for a Treatise on Architecture
2017
In Italy, Goethe’s interest in architecture increased. Back, with reference to Winckelmann, he started a small treatise on architecture. Dated 1795, it’s entitled Baukunst. It is a folder of 13 numbered pages, with some blank sheets and barely hinted pencil drawings that show its unfinished nature. Text on each page occupies the middle right of a folio and leaves the left side free to place corresponding drawings. The comparison between both text and drawings can give us a more complete view of Goethe’s architectural theory as counterpoint to his criticism and analytical or descriptive comments of buildings.
Editing and the Shadow of the Folio: On the Textual Integrity of The Taming of a Shrew (1594)
2015
No abstract
LA FORMAZIONE DEGLI INSEGNANTI: sperimentazione di una metodologia per l’auto-orientamento degli studenti.
Holes in the Dike: the global savings glut, U.S. house prices and the long shadow of banking deregulation
2015
We explore empirically how capital inflows into the US and financial deregulation within the United States interacted in driving the run-up (and subsequent decline) in US housing prices over the period 1990-2010. To obtain an ex ante measure of financial liberalization, we focus on the history of interstate-banking deregulation during the 1980s, i.e. prior to the large net capital inflows into the US from China and other emerging economies. Our results suggest a long shadow of deregulation: in states that opened their banking markets to out-of-state banks earlier, house prices were more sensitive to capital inflows. We provide evidence that global imbalances were a major positive funding sh…
STRATEGIE PER IL MIGLIORAMENTO DELLA PRODUZIONE E LO SVILUPPO DI MOLECOLE AD ATTIVITÀ ANTIBIOTICA DI ORIGINE NATURALE O DI SINTESI CHIMICA
The emergence of multi-drug resistant (MDR) bacterial strains is an urgent problem derived from the widespread and uncontrolled use of antibiotics. Therefore, new arrays of lead compounds exerting antimicrobial activity are necessary to contrast the spreading of MDR pathogens. Between 1980 and 2003, the interest in scientific research programs aimed to the new drug discovery by large pharmaceutical companies progressively decreased due to increasing costs in the respect of i) the low discovery rate of new leads, ii) the small amounts of product recovery needing process optimization and, finally, iii) regulatory obstacles associated with long-lasting pre-clinical and clinical trials for ther…
Alliance formation as growth opportunity for non-publicly traded companies: a value-added service provided by private equity investors
2016
We analyze the role of Private Equity firms (PE-Firms) as a governance mechanism, focusing on their role as social intermediaries, helping their portfolio companies to form alliances and thereby spurring entrepreneurial growth. Alliances as long term inter-firm cooperations are considered to be a main source of firm-innovation. External growth via alliances is especially important for small to medium sized companies (SME) – largely dominant in Europe (up to 99%)–, because their internal resources are limited. Since a few years, these facts lead governments to undertake actions aimed to create environments that boost inter-firm linkages and entrepreneurial clusters. In European countries, su…
Combining Value and Momentum: Evidence from the Nordic Equity Market
2018
This is the first paper that explores Fisher, Shah and Titman’s (2016) average ranking approach for the value and momentum strategy in the Nordic equity market offering an exceptional experimental environment. Our results indicate that in the Nordic stock markets, the value anomaly offered excess returns in the 1993 to 2017 sample period only when small stocks were a part of the portfolio, whereas the momentum effect is strong and significant, irrespective of size. Interestingly, our findings also indicate that the negative correlation between value and momentum (Asness, Moskowitz and Pedersen, 2013) seems to be driven by growth stocks: Winner stocks that are value stocks generated 1.66% pe…