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Evaluation of public support to outward FDI. An exploratory analysis with an or...
Varum, C. A.; Torres, M. M.Internationalisation has become increasingly important for the vi- ability of business organizations. The engagement of domestic com- panies in international business is regarded as determinant for the competitiveness of developed and developing countries. In the last decade several countries launched public measures to encourage inter- nationalisation through foreign direct investment. Policy makers are increa...
Firm's characteristics, public support and foreign direct investment
Torres, M. M.; Varum, C. A.Firms competencies and needs may determine movements to foreign locations. Firms may use their own resources to establish or maintain activities of foreign direct investment, or otherwise when internal resources are insu cient they may apply for external support provided by governments. With a binary probit model applied on a recent survey, a Bayesian lter calculates the probability of a given characteristic's...
Inside the entrepreneur's mind: an investigation of the perceived importance of...
Torres, M. M.; Varum, C. A.An interesting debate is now taking place among scholars and policy makers about the value of public support for internationalization activities. These incentives have been applied in many countries to stimulate not only the exports but also foreign direct investments, but the results are not clear. Governments must ensure that beyond the increase of a country's competitiveness, public support also will promote...
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...
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