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Publicações

Publicações por Joana Costa

2020

Performance Determinants in Family Business

Autores
Costa, J;

Publicação
Advances in Business Strategy and Competitive Advantage - Entrepreneurial Development and Innovation in Family Businesses and SMEs

Abstract
Family businesses (FBs) are central to economies: in Portugal the impact of these structures reaches 2/3 of the GDP, 1/2 of the labour force, and 4/5 of the firms in operation, most of them being SMEs. These organisations play a central role in terms of job creation, local development, knowledge transfer, and territorial cohesion. Innovative activities are key factors for competitive economies; yet innovation increases risk exposure and FBs are conservative and risk adverse, resisting change, relying on internal factors rather than opening to the external environment, consequently postponing innovation and thus pledging their future. Their embedded culture reduces innovative propensity; still, the existence loyalty trust and informal networks enhance individual or collective innovation processes. Using a dataset of 110 FBs innovation and internationalization along with other structural characteristics are connected to their economic performance, shedding light on the determinants FB economic efficiency. Given their importance, made-to-measure policy schemes should be designed.

2020

Does It Pay Off for Mayors to Accurately Manage Finance on Municipalities?

Autores
Costa, J;

Publicação
Advances in Public Policy and Administration - Financial Determinants in Local Re-Election Rates

Abstract
Under the premise of rationality, politicians behave to maximize re-election probability. Favorable macroeconomic contexts, alignment with central governance, and balanced public finance will be rewarded leading to re-election. Logit estimations applied to Portuguese municipalities in the period 2002-2017 fail to empirically support these theoretical effects, providing no incentive-controlled policy actions. Local voters do not punish mayors for the adverse economic performance, staying loyal to ideological voting geographically and over time. Only turnout punishes incumbents over the entire period. The introduction of the law of limitation of terms did not change the incentives towards wise governance; therefore, lack of electoral punishments to undesirable policy actions withstands the potential misconduct of incumbents. Existing evidence points to the need of reforms in what concerns electoral participation as when we compel voters to express their democratic rights, they become more critical to undesirable achievements.

2020

Why innovative firms do not rely on universities as innovation sources?

Autores
Costa, J; Rodrigues, C;

Publicação
Global Business and Economics Review

Abstract
The science and technology (S&T) binomial is often considered in the literature as an innovation system per se. Different theoretical frameworks, such as the 'national innovation systems', 'regional innovation systems' and the 'triple helix', were put forward in order to conceptualising the role of a diversity of agents in innovation processes underpinning knowledge-driven economies. More recently, the conceptual framework of smart specialisation has reinforced the importance of innovation and its diffusion in the entrepreneurial sector. Universities are still deemed as having a potentially pivotal role to play, not only in knowledge production but also in innovation delivery. The goal of this research is to discuss the importance of universities as sources of knowledge for innovative activities in Portugal. A panel comprising three waves of the CIS was built to estimate a hurdle model, the discussion of the estimation results attempt to provide some policy recommendations on the role of universities in knowledge production and diffusion and its connection to innovative firms. © 2020 Inderscience Enterprises Ltd.

2020

Appraising entrepreneurship in Qatar under a gender perspective

Autores
Costa, J; Pita, M;

Publicação
INTERNATIONAL JOURNAL OF GENDER AND ENTREPRENEURSHIP

Abstract
Purpose The purpose of this study is twofold, being the first to grasp a broad picture of entrepreneurship determinants in Qatar, and second, to explore the intermediate effect of gender upon other factors affecting the propensity to become an entrepreneur and highlight gender heterogeneity. Combining theories on entrepreneurship determinants and gender, the study analyses the role of education (general and specific to enterprise), skill perception, social context and fear to fail as determinants of new venture creation in Qatar. The objective of the study is to appraise the determinants of the entrepreneurial activity in Qatar and understand if they hold across genders in terms of significance and magnitude. If so, policy actions can be adjusted to overcome gender gaps. This study aims to design policy recommendations to reinforce the Qatari entrepreneurial ecosystem and promote positive discrimination towards women initiatives in the Gulf region. Design/methodology/approach To understand male and female propensity to entrepreneurial activity in Qatar, a database from Global Entrepreneurship Monitor (GEM) was used, considering data from 2014, with a sample that includes 4,272 individuals. To explore how the explanatory variables affect entrepreneurial propensity and if they hold significance across genders, three logistic regressions were run, the first including the entire sample, and the second and third separating individuals according to the gender. Then, to statistically appraise the differences among groups, a Kruskal-Wallis test was run to evidence group heterogeneity. Marginal effects of the model reinforce gender differences. The analysis was performed using Stata. Findings Different patterns of entrepreneurial propensity can be found among genders, allowing the exploration male and female determinants. The analysis shows that Qatari women are less prone to start a business when compared to men in equal conditions. For women, age is a deterring factor, contrarily to men. Both genders seem to be unconstrained by the fear to fail, still the self-perception of skills has a stronger effect on women. Originality/value The study identifies gender differences in entrepreneurial propensity. The potential differences are firstly put in theoretical terms and followed by an exploratory analysis comprising statistical analysis and econometric estimations. The results allow examining the profile of male and female entrepreneurs and non-entrepreneurs, the determinants of entrepreneurial initiatives and gender gaps. The study helps policy makers to elaborate adequate strategies to foster gender equality on entrepreneurship, aiming to increase overall entrepreneurial activity and consequently socio-economic development.

2024

The Role of Family Ownership on Internationalization Strategies

Autores
Costa, J; Barbosa, J;

Publicação
ADMINISTRATIVE SCIENCES

Abstract
The present study examines the impact of family ownership and control on the internationalization strategies of Portuguese manufacturing firms. The study contributes to the existing literature by providing evidence that different forms of international market presence are asymmetrically influenced by family control and by underscoring the importance of innovative strategies. The analysis includes a sample of 25,533 firms observed from 2018 to 2021. Econometric models address the role of ownership in alternative internationalization endeavors, demonstrating that these firms differ from their non-family counterparts. By comparing the export propensity, intensity, and reach of family businesses to non-family businesses, the research sheds light on the challenges faced by family-owned firms and the significance of structural characteristics such as technological regimes and regional competitive advantages. The findings emphasize the negative impact of family presence on internationalization while highlighting the importance of innovation and ecosystem support. Additionally, the study contributes to the empirical refinement of firm classification by proposing a more reliable segmentation method. It also presents alternative econometric methods to appraise internationalization strategies better. Future research directions are suggested, particularly regarding the use of additional information related to innovation and human capital, offering insights for enhancing the global engagement of family businesses in global markets. This research provides valuable empirical evidence and practical implications for policymakers and practitioners seeking to support the required actions to promote the growth and internationalization of family businesses in the context of the Portuguese manufacturing industry.

2024

User Communities: The Missing Link to Foster KIBS' Innovation

Autores
Costa, J; Brandao, RD;

Publicação
JOURNAL OF THEORETICAL AND APPLIED ELECTRONIC COMMERCE RESEARCH

Abstract
In today's knowledge-driven economy, collaboration among stakeholders is essential for the framing of innovative trends, with knowledge-intensive business services (KIBS) playing a core role in addressing market demand. Users' involvement in shaping products and services has been considered in innovation ecosystem frameworks. Fewer risks in service/product development, and more sustainability and market acceptance, are a few of the benefits arising from including the user community (UC) in innovation partnerships. However, the need for resources, absorptive capacity and tacit knowledge, among other capabilities, is often a reason for overlooking this important contributor. KIBS possess a vast knowledge base, cater to digital tools, and mediate and propel innovation with different partners, benefiting from exclusive cognitive proximity to remix extant knowledge with emergent information from communities into new products and services. The aim of this study is to assess and quantify the effect of the collaboration with UC through three active forms of collaboration (co-creation, mass customization, and personalization) on different innovation types developed in KIBS. The significance of the user community was proven across all innovation types. Robustness analysis confirmed the results for both P-KIBS and T-KIBS. P-KIBS may be better suited to co-creation policies for product and service innovation, personalization of processes, and organizational and marketing innovations. T-KIBS can focus on mass customization, ensuring good innovation success. Additionally, co-creation with user community is best for product innovation.

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