Territorial capital as a source of firm competitive advantage: evidence from the North and South of Italy

This paper investigates how territorial capital, defined as a mix of tangible and intangible local resources accumulated over time across different territories, becomes a source of competitive advantage for firms. The study draws upon semi-structured interviews with firms’ owner-managers operating in the North and South of Italy and shows how local resources generate firms’ costs and differentiation advantages through acting as territorial externalities or becoming an essential core asset to the firm. Results demonstrate how local resources are highly interconnected, making territorial capital unique in each place and not easily imitable, which ensures long term competitive advantages for those firms that benefit from its endowment. A mix of advanced local resources developed through long term investment is shown to be more valuable for firms than inherited resources, provided by ‘God’ or ‘ancestors’. Using the concept of territorial capital in this manner provides insights into understanding sources of firm competitiveness related to location and the persistence of territorial economic disparities

Eminuscent phase in frustrated magnets: a challenge to quantum spin liquids

A geometrically frustrated (GF) magnet consists of localised magnetic moments, spins, whose orientation cannot be arranged to simultaneously minimise their interaction energies. Such materials may host novel fascinating phases of matter, such as fluid-like states called quantum spin liquids. GF magnets have, like all solid-state systems, randomly located impurities whose magnetic moments may ``freeze'' at low temperatures, making the system enter a spin-glass state. We analyse the available data for spin-glass transitions in GF materials and find a surprising trend: the glass-transition temperature grows with decreasing impurity concentration and reaches a finite value in the impurity-free limit at a previously unidentified, ``hidden'', energy scale. We propose a scenario in which the interplay of interactions and entropy leads to a crossover in the permeability of the medium that assists glass freezing at low temperatures. This low-temperature, ``eminuscent'', phase may obscure or even destroy the widely-sought spin-liquid states in rather clean systems.Comment: 11+9 pages, 2 figures, 1 tabl

Mathematical Models for Estimating the Risk of vCJD Transmission

We present two different simple models for vCJD transmission by blood transfusion. Both models indicate that transfusions alone are unlikely to cause more than a few infections, unless the number of primary cases increases. To improve our models, future work should pursue data collection, empirical estimation of the model parameters, and examination of the underlying assumptions of our frameworks. Further improvements could also include examining susceptibility to vCJD infection by age group and iatrogenic infections introduced through surgical instruments. Regarding the latter, it may be worthwhile to conduct experiments to quantify the transmission of prions from an infected surgical instrument after repeated sterilization procedures

Comment on "Feynman Effective Classical Potential in the Schrodinger Formulation"

We comment on the paper "Feynman Effective Classical Potential in the Schrodinger Formulation"[Phys. Rev. Lett. 81, 3303 (1998)]. We show that the results in this paper about the time evolution of a wave packet in a double well potential can be properly explained by resorting to a variational principle for the effective action. A way to improve on these results is also discussed.Comment: 1 page, 2eps figures, Revte

The mid-infrared colors of the interstellar medium and extended sources at the Galactic center

A mid-infrared (3.6–8 μm) survey of the Galactic center has been carried out with the IRAC instrument on the Spitzer Space Telescope. This survey covers the central 2º x 1.4º (~280 x 200 pc) of the Galaxy. At 3.6 and 4.5 μm the emission is dominated by stellar sources, the fainter ones merging into an unresolved background. At 5.8 and 8 μm the stellar sources are fainter, and large-scale diffuse emission from the ISM of the Galaxy's central molecular zone becomes prominent. The survey reveals that the 8-to-5.8 μm color of the ISM emission is highly uniform across the surveyed region. This uniform color is consistent with a flat extinction law and emission from polycyclic aromatic hydrocarbons (PAHs). Models indicate that this broadband color should not be expected to change if the incident radiation field heating the dust and PAHs is ~10^4 times that of the solar neighborhood. Other regions of very red emission indicate cases where thick dust clouds obscure deeply embedded objects or very early stages of star formation

Precision stellar radial velocity measurements with FIDEOS at the ESO 1-m telescope of La Silla

We present results from the commissioning and early science programs of FIDEOS, the new high-resolution echelle spectrograph developed at the Centre of Astro Engineering of Pontificia Universidad Catolica de Chile, and recently installed at the ESO 1m telescope of La Silla. The instrument provides spectral resolution R = 43,000 in the visible spectral range 420-800 nm, reaching a limiting magnitude of 11 in V band. Precision in the measurement of radial velocity is guaranteed by light feeding with an octagonal optical fibre, suitable mechanical isolation, thermal stabilisation, and simultaneous wavelength calibration. Currently the instrument reaches radial velocity stability of = 8 m/s over several consecutive nights of observation