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Exploring the sources of Chinese competitiveness in manufacturing

Huang, C.; Zhang, M.; Zhao, Y.; Varum, C.A.

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The use of public support on internationalization activities, firms competencie...

Torres, M. M.; Varum, C.A.; Banno, M.

In particularly in times of budget constraints governments should analyze in detail all aspects related to the implementation of their public support to enterprises. With an Heckman selection model and data collected through a survey to Portuguese firms, we test which variables may affect awareness and use of the public support to internationalization. The results show that firms’ competencies positively affect...


Employment and SMEs during crises

Varum, C.A.; Rocha, V.C.

The persistent increasing duration of unemployment has become an issue during economic crises. Although lay-offs at large firms normally make headlines during crises, we still know little about the potential impact of firm size on adjustment behavior in a crisis. We studied effects of firm size on employment growth during economic slowdowns using a rich microeconomic database for the 1988-2007 period in Portugu...


Do foreign and domestic firms behave any different during economic slowdowns?

Varum, C.A.; Rocha, V.C.B.

The global crisis has called to further reflection on the role of multinationals in host economies during crisis. The evidence on this matter is scarce and no definite conclusions were achieved. Using panel data analysis, this paper examines the link between foreign ownership, firm employment and turnover growth over 20 years and during economic downturns in particular. We analyse the determinants of firm emplo...


Firm exit during economic slowdowns: does foreign ownership matter?

Rocha, V. C.; Varum, C.A.; Valente, H.

Do multinationals’ activities contribute to the severity of global economic crisis by quickly closing down facilities or otherwise allow to mitigating some of the worst effects, by remaining rooted in the local economy and thus reducing lay-offs and output contraction in the host countries? The present paper provides an empirical analysis on the link between foreign ownership and firm survival over an almost 20...


Directions in scenario planning literature - A review of the past decades

Varum, C.A.; Melo, C.

This paper provides a systematized overview of patterns in the scenario planning literature published in the last decades. Recently, scenario planning has enjoyed a revival, apparent in the 'boom' in published research on the matter. Consequently, a major issue that needs to be addressed is how to organize the literature along precise lines. A number of reviews that describe the current status of the body of li...


R&D, structural change and productivity: the role of high and medium-high techn...

Varum, C.A.; Cibrão, B.; Morgado, A.; Costa, J.

This paper investigates the potential impact of increased R&D efforts and structural change in Portugal on labour productivity. Based on existing literature on the relation between R&D expenditures, structural change and productivity, we evaluate the contribution of R&D and hightech industries to productivity over the last 30 years. Our results confirm the importance of business R&D in the medium to high-tech s...


Dealing with the risks of innovation: a study of capital goods producers in Por...

Varum, C.A.; Monteiro, L.V.; Saur-Amaral, I.

Product innovation is a subtle process, frequently leading to shifts in the competitiveness of firms. Developing products in an environment undergoing technological change is given to frequent failure, even in well-established and sophisticated organizations. In order to tackle competitiveness and to deal with innovation uncertainty, firms develop modes of innovation and innovation processes. In this study, we ...


Determinants of exports in China: A microeconometric analysis

Huang, C.; Zhang, M.; Zhao, Y.; Varum, C.A.

Based on data from more than 100,000 Chinese manufacturing firms, this study explores the reasons for the recent surge of manufacturing exports from China. Research and Development (R&D) investment has not been a contributing factor to the export success of Chinese firms, even in high-technology sectors. Although exportation of high-technology products has been dominated by foreign manufacturing firms, domestic...


The reform of S&T in China: policy & performance

Huang, C.; Varum, C.A.; Gouveia, J. B.

China’s transformation into a dynamic market economy and its integration into global economic system have been dramatic in the last quarter of the 20th century. In the transformation and rise of China, the policy towards innovation played an increasing role. The paper investigates in detail China's innovation policy in seven categories: reform in the governance model, transformation of the public S&T institutio...


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