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Publications

Publications by CITE

2021

Role of the Industry 4.0 in the Wine Production and Enotourism Sectors

Authors
Sá, J; Ferreira, LP; Dieguez, T; Sá, JC; Silva, FJG;

Publication
Smart Innovation, Systems and Technologies

Abstract
The tradition of wine production and consumption in Portugal is widely spread since the country presents climatic and territorial characteristics which have made wine-making an important strategic sector. In addition, the essence of the wine industry has led to greater tourism, thus enhancing the growth of enotourism. Given the importance of the wine production sector in the national context, as well as the potential of Industry 4.0 to stimulate improvements both in efficiency and competitiveness, the objective of this work is to achieve a better understanding of how Industry 4.0 and its key features, namely simulation, can influence wine production and enotourism. © 2021, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

2021

Higher Education as an Engine of Entrepreneurial Leadership Skills in a Digital Area Transformation

Authors
Dieguez, T; Loureiro, P; Ferreira, I;

Publication
PROCEEDINGS OF THE 17TH EUROPEAN CONFERENCE ON MANAGEMENT, LEADERSHIP AND GOVERNANCE (ECMLG 2021)

Abstract
Higher Education Institutions (HEI) play a central role in shaping the future through their ability to transmit, innovate and generate knowledge, near their students and community. They also establish strong relationship within society and the environment. Higher Education plays an important role in laying the foundations for the development of competencies for sustainable entrepreneurship, competencies that go beyond disciplinary knowledge and encompass skills, knowledge, and attitudes focused towards a holistic and sustainability-oriented approach. By preparing their students for the labour market, HEIs are proactively responding to the wide range of challenges that the dynamic and uncertain environment of the 21st-century presents. However, the demand is great and the road to be travelled is long. The literature review is extensive about the expected competencies, all indicating that they are critical success factors for individuals to ensure and sustain their career progression. Today's students are tomorrow leaders, players who can shape the world, make it a better place to live and work. Based on personal characteristics (attitudes and personality) and leadership, this study aims to contribute a better understanding of the relationships between these factors, with a particular focus on entrepreneurship. Using a quantitative approach, a questionnaire was given to undergraduate students of the Polytechnic Institute of Cavado and Ave (IPCA), in Portugal. The data were analysed and discussed according to the possible impact of the entrepreneurial leader's behaviour and the performance of the HEI where he/she is inserted.

2021

Entrepreneurship and Leadership in Higher Education to Develop the Needed 21st Century Skills

Authors
Dieguez, T; Loureiro, P; Ferreira, I;

Publication
PROCEEDINGS OF THE 17TH EUROPEAN CONFERENCE ON MANAGEMENT, LEADERSHIP AND GOVERNANCE (ECMLG 2021)

Abstract
We are going through perhaps the greatest crisis of our lives, where the pace of decision making, and the adoption of new public policies may indelibly condition individual and collective futures. Among other megatrends, Covid-19's impact on the digital world will facilitate the trend towards osmosis between real and virtual, human, machine and nature, public and private. The migration of all economic activities to digital, for safety and business survival reasons, will require adaptation and transition models to the new digital reality. The acceleration of digital transformation in hardware and software infrastructures will also lead to remodelling and innovate in all socio-economic, labour, and educational activities. The trend towards skills and qualifications will become more imperative. Higher Education Institutions can have a central role in developing the needed skills with their students, providing digital skills as well as pedagogical policies that stimulates them, specially focused on leadership, critical thinking, and creativity. This research aims to understand what the perceptions of the demand for digital workforce competencies are. It also intends to comprehend how those competencies are linked with entrepreneurship and leadership. After a literature review, data are presented and discussed, as well as conclusions and future potential research directions.

2021

Behavior based price personalization under vertical product differentiation

Authors
Garella, P; Laussel, D; Resende, J;

Publication
INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION

Abstract
We study price personalization in a two period duopoly with vertically differentiated products. In the second period, a firm not only knows the purchase history of all customers, as in standard Behavior Based Price Discrimination models, but it also collects detailed information on its old customers, using it to engage in price personalization. The analysis reveals that there exists a natural market for each firm, defined as the set of customers that cannot be poached by the rival in the second period. The equilibrium is unique, except when firms are ex-ante almost identical. In equilibrium, only the firm with the largest natural market poaches customers from the rival. This firm has highest profits but not necessarily the largest market share. Aggregate profits are lower than under uniform pricing. All consumers gain, total welfare is higher herein than under uniform pricing if firms' natural markets are sufficiently asymmetric. The low quality firm chooses the minimal quality level and a quality differential arises, though the exact choice for the high quality depends upon the cost specification.

2021

Asymmetric Information and Differentiated Durable Goods Monopoly: Intra-Period Versus Intertemporal Discrimination

Authors
Laussel, D; Long, NV; Resende, J;

Publication
DYNAMIC GAMES AND APPLICATIONS

Abstract
A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We consider the Markov perfect equilibrium (MPE) of a game where the monopolist is unable to commit to future price-quality menus. We obtain the novel results that: (a) under certain conditions, the monopolist covers the whole market in the first period (even when a static Mussa-Rosen monopolist would not cover the whole market), because this is a strategic means to convince customers that lower prices would not be offered in future periods and that (b) this can happen only under the stage-wise Stackelberg leadership assumption (whereby consumers base their expectations on the value of the state variable at the end of the period). Conditions under which MPE necessarily involves sequentially trading are also derived.

2021

Unveiling Entrepreneurial Ecosystems' Transformation: A GEM Based Portrait

Authors
Pita, M; Costa, J; Moreira, AC;

Publication
ECONOMIES

Abstract
Entrepreneurial Ecosystems (EEs) have attracted the attention of academics, practitioners, and policymakers, that attempt to unlock 'a winning recipe' considering the different EEs pillars in order to ignite entrepreneurship at large. Therefore, understanding the degree of influence of each pillar on Entrepreneurial Initiative (EI) is helpful in framing more effective policies towards entrepreneurship. This study aims to bring a new facet to entrepreneurship research, specifically on decomposing the transformation of EEs and the influence of EEs pillars on EI. The transformation of EEs is shown by a balanced panel approach based on the Global Entrepreneurship Monitor (GEM) dataset over 8 years (2010-2017), comprising 18 countries. The study has several implications for entrepreneurship theory and practice as well as public policy since discusses three main issues, mainly supported by empirical results. First, the results show an unbalanced influence of EEs pillars on EI. Second, results also show the ineffectiveness of institutions in encouraging the desire to act entrepreneurially. Third, entrepreneurship needs to be part of the acculturation process evidencing the importance of collective normative. Therefore, providing the instruments and structures is not enough to encourage individuals to start an entrepreneurial journey. Generally, the results reveal that contextual determinants are significant in fostering entrepreneurial propensity to start a business. But the impact of the nine pillars is not equalized, revealing a fragmented influence with funding measures, R&D transfer, and cultural and social norms discouraging entrepreneurial initiative. Overall, the study contributes to the understanding of a multidimensional perspective on EEs and points future policy directions to overcome the lack of entrepreneurship and amend flawed entrepreneurship policies.

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