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Innovation and internationalisation: a simultaneous equation approach

Varum, C. A.; Banno, M.; Vezzoli, M.; Carpita, M.

Innovation virtuously impacts on the degree of international growth, which in turn positively influences innovation activities and then firms’ performance. Many authors have tried to identify and explain the relationship between these two phenomena at firm level. Only recently, few empirical studies investigate them at a more aggregate level. Moreover the literature focuses only on one direction of causality, w...


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...


The use of public support on internationalization activities: evidence from a H...

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

An interesting debate is currently taking place among scholars and decision makers about the evaluation of public support targeted to internationalization activities. In order to understand their efficiency, we need first to know more about the determinants of their use. We developed an econometric model based on the Heckmam method, a two-step statistical approach that corrects for selection bias resulting from...


Internationalization of regions: the role of public policy

Banno, M.; Piscitello, L.; Varum, C. A.

The main purpose of this article is to build on previous efforts to investigate the effects of Out-ward-FDI promotion measures taken by governments and levels of outward foreign investment at regional level. We examine regional levels of outward FDI within Italy, a country with marketed regional asymmetries. Within the European arena, the heterogeneity of socio-economic condi-tions among Italian regions is a cl...


Home country measures for FDI: an analysis at regional level

Banno, M.; Piscitello, L.; Varum, C. A.

The promotion of outward investment through a number of home country measures has become prominent in recent years (hereafter HCMs) (UNCTAD, 2001). Scope and justification for public intervention are motivated by two reasons. First, HCMs can correct for market and coordination failures and, second, they are good for home country development (UNCTAD, 2001). In particular, governments may provide policy measures ...


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Fundação para a Ciência e a Tecnologia Universidade do Minho   Governo Português Ministério da Educação e Ciência Programa Operacional da Sociedade do Conhecimento União Europeia