163 research outputs found

    Risk propensity in the foreign direct investment location decision of emerging multinationals

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    A distinguishing feature of emerging economy multinationals is their apparent tolerance for host country institutional risk. Employing behavioral decision theory and quasi-experimental data, we find that managers’ domestic experience satisfaction increases their relative risk propensity regarding controllable risk (legally protectable loss), but decreases their tendency to accept non-controllable risk (e.g., political instability). In contrast, firms’ potential slack reduces relative risk propensity regarding controllable risk, yet amplifies the tendency to take non-controllable risk. We suggest that these counterbalancing effects might help explain observation that risk-taking in FDI location decisions is influenced by firm experience and context. The study provides a new understanding of why firms exhibit heterogeneous responses to host country risks, and the varying effects of institutions

    A systematic review of mental disorder, suicide, and deliberate self harm in lesbian, gay and bisexual people

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    Background: Lesbian, gay and bisexual (LGB) people may be at higher risk of mental disorders than heterosexual people.Method: We conducted a systematic review and meta-analysis of the prevalence of mental disorder, substance misuse, suicide, suicidal ideation and deliberate self harm in LGB people. We searched Medline, Embase, PsycInfo, Cinahl, the Cochrane Library Database, the Web of Knowledge, the Applied Social Sciences Index and Abstracts, the International Bibliography of the Social Sciences, Sociological Abstracts, the Campbell Collaboration and grey literature databases for articles published January 1966 to April 2005. We also used Google and Google Scholar and contacted authors where necessary. We searched all terms related to homosexual, lesbian and bisexual people and all terms related to mental disorders, suicide, and deliberate self harm. We included papers on population based studies which contained concurrent heterosexual comparison groups and valid definition of sexual orientation and mental health outcomes.Results: Of 13706 papers identified, 476 were initially selected and 28 (25 studies) met inclusion criteria. Only one study met all our four quality criteria and seven met three of these criteria. Data was extracted on 214,344 heterosexual and 11,971 non heterosexual people. Meta-analyses revealed a two fold excess in suicide attempts in lesbian, gay and bisexual people [ pooled risk ratio for lifetime risk 2.47 (CI 1.87, 3.28)]. The risk for depression and anxiety disorders (over a period of 12 months or a lifetime) on meta-analyses were at least 1.5 times higher in lesbian, gay and bisexual people (RR range 1.54-2.58) and alcohol and other substance dependence over 12 months was also 1.5 times higher (RR range 1.51-4.00). Results were similar in both sexes but meta analyses revealed that lesbian and bisexual women were particularly at risk of substance dependence (alcohol 12 months: RR 4.00, CI 2.85, 5.61; drug dependence: RR 3.50, CI 1.87, 6.53; any substance use disorder RR 3.42, CI 1.97-5.92), while lifetime prevalence of suicide attempt was especially high in gay and bisexual men (RR 4.28, CI 2.32, 7.88).Conclusion: LGB people are at higher risk of mental disorder, suicidal ideation, substance misuse, and deliberate self harm than heterosexual people

    MicroRNA Involvement in Immune Activation During Heart Failure

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    Heart failure is one of the common end stages of cardiovascular diseases, the leading cause of death in developed countries. Molecular mechanisms underlying the development of heart failure remain elusive but there is a consistent observation of chronic immune activation and aberrant microRNA (miRNA) expression that is present in failing hearts. This review will focus on the interplay between the immune system and miRNAs as factors that play a role during the development of heart failure. Several studies have shown that heart failure patients can be characterized by a sustained innate immune activation. The role of inflammatory signaling is discussed and TLR4 signaling, IL-1β, TNFα and IL-6 expression appears to coincide with the development of heart failure. Furthermore, we describe the implication of the renin angiotensin aldosteron system in immunity and heart failure. In the past decade microRNAs (miRNAs), small non-coding RNAs that translationally repress protein synthesis by binding to partially complementary sequences of mRNA, have come to light as important regulators of several kinds of cardiovascular diseases including cardiac hypertrophy and heart failure. The involvement of differentially expressed miRNAs in the inflammation that occurs during the development of heart failure is still subject of investigation. Here, we summarize and comment on the first studies in this field and hypothesize on the putative involvement of certain miRNAs in heart failure. MicroRNAs have been shown to be critical regulators of cardiac function and inflammation. Future research will have to point out if dampening the immune response, and the miRNAs associated with it, during the development of heart failure is a therapeutically plausible route to follow

    Global innovation generation and financial performance in business-to-business relationships: the case of cross-border alliances in the pharmaceutical industry

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    Organisational capabilities and transaction costs in the analysis of activities and their externalisation: implications for the service industry

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    [EN] Transaction cost theory and the organisational capability view are complementary in the analysis of the firm and in examining the decision to integrate or externalise activities. This article discusses the essential contributions of both theories to understanding the core aspects of the internal organisation of the firm, and goes onto address the key questions of why activities are organised internally or why certain components or services are obtained from suppliers or distributors; and finally looks at the cases in which firms make decisions with regard to supply, distribution or retail sales.Peris-Ortiz, M.; Rueda Armengot, C. (2010). Organisational capabilities and transaction costs in the analysis of activities and their externalisation: implications for the service industry. Service Business. 4(2):105-122. doi:10.1007/s11628-009-0079-1S10512242Alchian AA, Demsetz H (1972) Production, information cost and economic organization. Am Econ Rev 62(5):777–795Barney JB (1996) Gaining and sustaining competitive advantage. Addison-Wesley, New YorkChandler AD Jr (1977) The visible hand. Harvard University Press, LondonCoase RH (1937) The nature of the firm. Economics 4:386–405Coase RH (1972) Industrial organization: a proposal for research. In: Fuchs VR (ed) Policy issues and research opportunities in industrial organization. National Bureau of Economics Research, New York, pp 59–73Coase RH (1991) The institutional structure of production, Prize lecture to the memory of Alfred Nobel, December 9, 1991, in http://www.nobel.se/economics/laureates/1991/coase-lecture.htmlConner K, Prahalad CK (1996) A resource-based theory of the firm: knowledge versus opportunism. Organ Sci 7(5):477–501Frei FX (2008) The four things a service business must get right. Harv Bus Rev April:70–80Grant RM (1995) Contemporary strategy analysis. Blackwell Publishers Inc, CambridgeJacobides MG (2008) How capability differences, transaction costs, and learning curves interact to shape vertical scope. Organ Sci 19(2):306–326Jacobides MG, Winter SG (2005) The co-evolution of capabilities and transaction costs: explaining the institutional structure of production. Strateg Manag J 26(5):395–413Kaldor N (1934) The equilibrium of the firm. Econ J 44:60–76Kogut B, Zander U (1996) What firms do? Coordination, identity, and learning. Organ Sci 7(5):402–518Madhok A (1996) The organization of economic activity: transaction costs, firm capabilities, and the nature of governance. Organ Sci 7(5):577–590Madhok A (1997) Cost, value and foreign market entry mode: the transaction and the firm. Strateg Manag J 18(1):39–61Madhok A (2002) Reassessing the fundamental and beyond: Ronald Coase, the transaction costs and resource based theories of the firm and the institutional structure of production. Strateg Manag J 23(6):535–550Nelson RR, Winter SG (1982) An evolutionary theory of economic change. Harvard University Press, CambridgeOrlikowski WJ (1992) The duality of technology: rethinking the concept of technology in organizations. Organ Sci 3(3):398–427Prahalad CK, Hamel G (1990) The core competence of the corporation. Harv Bus Rev May–June:79–91Smith A (1937 [1776]) Wealth of nations. Modern Library, New YorkWeick KE, Roberts K (1993) Collective mind in organizations: heedful interrelating on flight decks. Adm Sci Q 38:357–381Williamson OE (1975) Markets and hierarchies: analysis and antitrust implications. Free Press, New YorkWilliamson OE (1981) The modern corporation: origins, evolution, attributes. J Econ Lit 19:1537–1568Williamson OE (1985) The economics institutions of capitalism: firms, markets, relational contracting. Free Press, New YorkWilliamson OE (1991) Comparative economic organization: the analysis of discrete structural alternatives. Adm Sci Q 36:269–296Williamson OE (1993) Calculativeness, trust and economic organization. J Law Econ 36. In: Williamson OE (1996) The mechanisms of governance. Oxford University Press, New York, pp 250–278Williamson OE (1999) Strategy research: governance and competence perspectives. Strateg Manag J 20:1087–1108Williamson OE (2008) Outsourcing: transaction cost economics and supply chain management. J Supply Chain Manag 44(2):5–16Winter SG (2000) The satisfying principle in capability learning. Strateg Manag J 21:981–996Winter SG (2003) Understanding dynamic capabilities. Strateg Manag J 24(10):991–995Zollo M, Winter SG (2002) Deliberate learning and the evolution of dynamic capabilities. Organ Sci 13(3):339–35

    Dispersion statistics and a sampling plan for Helicoverpa (Lepidoptera : Noctuidae) on fresh-market tomatoes (Lycopersicon esculentum)

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    Helicoverpa spp. is the primary pest in the Australian fresh-market tomato industry. We describe the spatial distribution of Helicoverpa spp. eggs on fresh-market tomato crops in the Goulburn Valley region of Victoria, and present a sequential sampling plan for monitoring population densities. The distribution of Helicoverpa spp. eggs was highly contagious, as indicated by a Taylor\u27s b-value of 1.59. This high level of contagion meant that relatively large sample sizes would need to be collected to obtain an estimate of population density. High-precision sampling plans generally necessitated impractical sample sizes, and thus the plan we present is a relatively low-precision level plan (SE/mean = 0.3). Nonetheless, this level of precision is considered adequate for most agronomic scenarios. The plan was validated using a statistical re-sampling approach. The level of precision achieved was generally close to the nominal level. Likewise, the number of samples collected generally showed little departure from the theoretically calculated minimum sample size.<br /
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