Abstract
Purpose Considering the differences between rural and urban spaces, through the theoretical framework developed, the purpose of this paper is to uncover and rationalize the differences between rural and urban new ventures in terms of the environment surrounding the new venture, their general characteristics (e.g. sector, size) and export/economic performance. Design/methodology/approach The theoretical framework is empirically assessed resorting to exploratory statistical analysis based on data collected from a questionnaire survey responded by 408 new ventures headquartered in Portuguese business incubators and science parks. The data collected were treated with the Software Package for the Social Sciences. Findings The results evidence that rural and urban new ventures differ in terms of generic characteristics, namely sector, size and collaborators' human capital. Additionally, they differ concerning export and economic performance as well in relation to the perception of the municipality support. Originality/value The present study innovatively contributes to uncover the role of rural and urban context in entrepreneurship and adds to the scanty empirical literature in the area.

Abstract

Abstract
Studies on Small States, 'unattractive' markets, namely those from Africa, are very scarce. Sao Tome and Principe (STP), a Small State, insular economy, has had considerable momentum in attracting FDI in the last decade albeit its geographical and demographic constraints and relative weak economic growth. The current study uncovers the potential determinants of FDI in unattractive markets using STP as a case study. Based on (robust) logistic estimations on a sample of 56 Portuguese companies that have trade relations with African countries, we show that in the case of Small States economies and unattractive markets, the relevance of institutional factors and resource seeking strategies surpass internalisation and location factors related to market size and dynamics. We further uncovered that foreign companies' characteristics, namely size and (general) human capital, are critical in explaining companies' likelihood to invest in an 'unattractive' market.

Abstract
Using time series data for Portugal between 1973 and 2016, this paper examines to what extent, inward FDI contributes to income inequality and poverty in the long-run. It was found that increased flows of inward FDI are associated with a less unequal income distribution and lower poverty rates. The results further suggest that, in the Portuguese case there is mutual causality between inward FDI and poverty in the long run, i.e., FDI significantly reduces poverty, and lower levels of poverty lead to higher inward FDI flows. In the case of inequality, the evidence shows that FDI does not contribute to higher (or lower) income inequality. Instead, more unequal income distributions significantly and negatively impact on inward FDI in the long run. Finally, human capital emerged as a key determinant to mitigate income inequality and circumvent poverty, contributing, indirectly, to fostering additional FDI inflows. Such results call for integrated public policy interventions that emphasize social and institutional dimensions.

Abstract
Very few quantitative studies assess the impact of IPR protection mechanisms on the competitiveness of companies, particularly those whose creation and existence is often attributed to high technology/knowledge intensity. The present study aims to fill this gap. Through a direct survey targeting startups located in S&T parks and incubators, we assess the direct and indirect impact of IPR protection mechanisms. Logistics estimations based on a sample of 48 Portuguese companies suggest that, considered globally, formal IPR protection is detrimental to the companies' competitiveness. Notwithstanding, when IPR protection mechanisms are discriminated by type, the results indicate that the use of informal protection mechanisms, such as lead time and trade secrets, fosters the companies'competitiveness, whereas the use of formal protection mechanisms, in particular, patents, trademarks and geographical indications, negatively impacts on competitiveness. The size and innovation profile of the company intermediates the influence of IPR protection on its competitiveness. (C) 2018 Journal of Innovation & Knowledge. Published by Elsevier Espana, S.L.U.

Abstract
The present study focuses on the estimation of the human capital stock for the Cape Verdean economy in the period 1950-2012. Adapting the methodology proposed by Barro and Lee, based on past schooling values, we found that between 1950 and 2012 the Cape Verdean working-age population showed a gradual improvement in the levels of schooling, rising from 0.7 years of schooling in the 1950s to 5.4 in late 2012. Thus, in each year, the average years of schooling increased only 0.08 years, meaning that, in net terms and on average, only 7.6 per cent of the working-age population was attending some level of formal education. The availability of a time series of number of average schooling years in Cape Verde opens up possibilities for assessing the impact of human capital on the country's economic development.