Search results for "dynamic efficiency"
showing 6 items of 6 documents
Place-based innovation in industrial districts: the long-term evolution of the iMID effect in Spain (1991–2014)
2019
ABSTRACTThe innovation-Marshallian industrial district (iMID) effect defines the existence of dynamic efficiency in the Marshallian industrial district (MID) in the form of a positive innovative di...
European Energy Efficiency Evaluation Based on the Use of Super-Efficiency Under Undesirable Outputs in SBM Models
2020
Although Data Envelopment Analysis models have been intensively used for measuring efficiency, the inclusion of undesirable outputs has extended their use to analyse relevant fields such as environmental efficiency. In this context, slacks-based measure (SBM) models offer a remarkable alternative, largely due to their ability to deal with undesirable outputs. Additionally, super-efficiency evaluation in DEA is a useful complementary analysis for ranking the performance of efficient DMUs and even mandatory for dynamic efficiency evaluation. An extension to this approach in the presence of undesirable outputs is here introduced and then applied in the context of the environmental efficiency i…
Efficiency of French privatizations: a dynamic vision
2004
The program of French privatizations is one of the principal worldwide programs as for the volume of the equity issues. A reading of the process of privatization through the corporate governance theory resulted in working out a model making it possible to take into account, on the one hand, the time dimension of the process of privatization, on the other hand, the contextual, organizational, governance and strategic variables which influence this process. After having replicated a certain number of traditional tests, we carried out a test of this model on a sample of 19 French privatized firms and on a seven years horizon, which made it possible to obtain the following conclusions. The favo…
Efficiency in the eurobond market: application of nonparametric techniques
2007
The aim of this article is to analyse the efficiency of eurobond issuers within the primary market, from 1995 to 2000. The study includes a reference to theoretical discussion and to the methodology used; detailed explanation of the variables considered which, in order to supplement those strictly financial, include others such as spread from Interest Rate Risk (IRR) and respective swap; rating, duration and size; and macroeconomic fundamentals of the issuer country. Results and conclusions obtained from the static and dynamic efficiency analyses are then illustrated and discussed.
Pathways of Innovation: The I-District Effect Revisited
2018
The I-district effect establishes the existence of dynamic efficiency in Marshallian industrial districts in the form of a positive innovative differential comparing to the average of the economy. The hypothesis has been empirically validated for the case of technological innovation using patent indicators. Empirical research has assumed that all types of patentable figures (utility models, national patents, EPO, WIPO) have the same weight regardless of its actual or expected market value, which may be questionable given the differences in coverage, protection and cost of each figure. In this article, we question the existence of the I-district effect when each patent is weighted by its exp…
Review on up/down conversion materials for solar cell application
2012
The present paper reviews the methods of photon up- and down conversion strategies for improving the efficiency of solar cells. Photons with a lower energy than the band gap will be lost in a normal solar cell. The principle of the up conversion technique is that two or more photons are converted into a photon with energy higher than the band gap energy. High energy photons will lose the energy above the band gap energy limit. Down conversion is a process where a high energy photon is converted into several lower energy photons with energies above the band gap. A description is given of the most common methods and materials for these conversions resulting in higher solar cell efficiencies.