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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...


Scenarios and possible futures for hospitality and tourism

Varum, C.; Melo, C.; Alvarenga, A.; de Carvalho, P.S.

Purpose - This paper seeks to discuss the process and results of a scenario exercise applied to the Portuguese tourism and hospitality industries with a 2020 horizon. Design/methodology/approach - Through an intuitive-logical process adapted to the specific purposes of the research, four alternative scenarios of the evolution of the industry were developed. The exercise involved three workshops, with the partic...


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...


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...


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...


O combate à exclusão social através de programas de Turismo Social para família...

Lima, J.; Eusébio, C.; Varum, C. A.

O turismo oferece oportunidades para explorar novos ambientes e para participar em novas situações, que podem proporcionar vários benefícios para os turistas. Apesar do reconhecimento desses potenciais benefícios e de o turismo ser uma actividade em crescimento, permanecem algumas dúvidas acerca dos impactes sociais do turismo para os turistas e existem, ainda, muitos constrangimentos à prática turística. O bai...


Directions in entrepreneurship education in Europe

Rizza, C.; Varum, C. A.

An extraordinary proliferation of entrepreneurship courses and programs was and still is underway in colleges and universities worldwide. In Europe this phenomenon has been further stimulated by the focus on Entrepreneurship as key objective for the implementation of the Europe2020 strategy (EC, 2010). This paper provides a systematized overview of patterns and directions in EE in Europe in recent years. We con...


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...


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    Financiadores do RCAAP

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