Sharing competences in strategic alliances: a case study of the Cosan and Shell biofuel venture

In a competitive world, the way a firm establishes its organizational arrangements may determine the enhancement of its core competences and the possibility of reaching new markets. Firms that find their skills to be applicable in just one type of market encounter constraints in expanding their markets, and through alliances may find a competitive form of value capture. Hybrid forms of organization appear primarily as an alternative to capturing value and managing joint assets when the market and hierarchy modes do not present any yields for the firm's competitiveness. As a result, this form may present other challenging issues, such as the allocation of rights and principal-agent problems. The biofuel market has presented a strong pattern of changes over the last 10 years. New intra-firm arrangements have appeared as a path to participate or survive among global competition. Given the need for capital to achieve better results, there has been a consistent movement of mergers and acquisitions in the Biofuel sector, especially since the 2008 financial crisis. In 2011 there were five major groups in Brazil with a grinding capacity of more than 15 million tons per year: Raízen (joint venture formed by Cosan and Shell), Louis Dreyfus, Tereos Petrobras, ETH, and Bunge. Major oil companies have implemented the strategy of diversification as a hedge against the rising cost of oil. Using the alliance of Cosan and Shell in the Brazilian biofuel market as a case study, this paper analyses the governance mode and challenging issues raised by strategic alliances when firms aim to reach new markets through the sharing of core competences with local firms. The article is based on documentary research and interviews with Cosan's Investor Relations staff, and examines the main questions involving hybrid forms through the lens of the Transaction Cost Economics (TCE), Agency Theory, Resource Based View (RBV), and dynamic capabilities theoretical approaches. One focal point is knowledge "appropriability" and the specific assets originated by the joint venture. Once the alliance is formed, it is expected that competences will be shared and new capabilities will expand the limits of the firm. In the case studied, Cosan and Shell shared a number of strategic assets related to their competences. Raízen was formed with economizing incentives, as well to continue marshalling internal resources to enhance the company's presence in the world energy sector. Therefore, some challenges might be related to the control and monitoring agents' behavior, considering the two-part organism formed by distinctive organizational culture, tacit knowledge, and long-term incentives. The case study analyzed illustrates the hybrid arrangement as a middle form for organizing the transaction: neither in the market nor in the hierarchy mode, but rather a more flexible commitment agreement with a strategic central authority. The corporate governance devices are also a challenge, since the alignment between the parent companies in the joint ventures is far more complex. These characteristics have led to an organism with bilateral dependence, offering favorable conditions for developing dynamic capabilities. However, these conditions might rely on the partners' long-term interest in the joint venture.

Llocs, formes i textos de la protohistòria literària catalana. Segles XV-XVII: del marquès de Santillana a Nicolás Antonio (1676)

Es presenten notícies sobre l’activitat dels els inicis de la història literària catalana, la multiplicitat dels vehicles on apareix, les formes que adopta i l’evolució que experimenta

M. Fontoura Xavier [i. e Antonio Vicente da Fontoura Xavier] ambassadeur du Brésil à Londres : [photographie de presse] / [Agence Rol]

Référence bibliographique : Rol, 57289

Análisis traductológico de referentes culturales en La Testa Perduta di Damasceno Monteiro de Antonio Tabucchi

Este trabajo de investigación pretende llevar a cabo un estudio exploratorio para observar cómo se resuelven los problemas traductológicos de índole cultural dentro del contexto de la autotraducción in mente. El trabajo está estructurado en dos partes: la primera abarca el marco teórico referencial como base para poder desarrollar la segunda parte, el apartado práctico, donde se llevará a cabo el análisis traductológico de referentes culturales para obtener los resultados de los objetivos e hipótesis planteados. Para llevar a cabo dicho análisis, se parte de una serie de ejemplos (rich points) de La testa perduta di Damasceno Monteiro de Antonio Tabucchi, una obra escrita en italiano que se enmarca y refleja la cultura portuguesa

Canzonetta : mélodie : [Quanto è folle quell'amante] / Bernado Pasquini, comp.. Aria : mélodie : [Alma del core, spirto dell'alma] / Antonio Caldara, comp. ; Leila Ben-Sedira, S ; Mme Simone Gouat, p

Comprend : Canzonetta / Bernado Pasquini, comp. ; Aria / Antonio Caldara, comp.

Kyrie eleison [VIII] : 13 °Centenaire de St. Grégoire Magno : chant grégorien d'aprés la 2e édition de Solesmes / [Dom Antonio] Rella, chef de choeur

[Chant grégorien. Messe]

Les Apontamentos de Antonio de Paula Brito

This article deals with the main characteristcs of the apontamentos, a Santiaguense caboverdean creole grammar published both in Capeverdean an Portuguese in 1887

Antonio de Barros Bezerra de Oliveira O Regulo da Ilha de Santiago

No início do século XVIII, a ilha de Santiago, devido a uma nova conjuntura internacional, já não é a placa giratória onde eram armazenadas as mercadorias africanas para serem exportadas para vários pontos do Atlântico. A economia da ilha, deixando de se basear no comércio e na produção de mercadorias para o trato com a costa da Guiné virou-se, inteiramente, para a agricultura de subsistência e para o abastecimento de géneros aos vários navios que atracavam nos seus portos para fazer aguada. A sociedade santiaguense transfigura-se, a estrutura social escravocrata desmorona-se pouco a pouco.

Silencing mutant ataxin-3 rescues motor deficits and neuropathology in machado-joseph disease transgenic mice.

Machado-Joseph disease (MJD) or spinocerebellar ataxia type 3 (SCA3) is an autosomal dominantly-inherited neurodegenerative disorder caused by the over-repetition of a CAG codon in the MJD1 gene. This expansion translates into a polyglutamine tract that confers a toxic gain-of-function to the mutant protein - ataxin-3, leading to neurodegeneration in specific brain regions, with particular severity in the cerebellum. No treatment able to modify the disease progression is available. However, gene silencing by RNA interference has shown promising results. Therefore, in this study we investigated whether lentiviral-mediated allele-specific silencing of the mutant ataxin-3 gene, after disease onset, would rescue the motor behavior deficits and neuropathological features in a severely impaired transgenic mouse model of MJD. For this purpose, we injected lentiviral vectors encoding allele-specific silencing-sequences (shAtx3) into the cerebellum of diseased transgenic mice expressing the targeted C-variant of mutant ataxin-3 present in 70% of MJD patients. This variation permits to discriminate between the wild-type and mutant forms, maintaining the normal function of the wild-type allele and silencing only the mutant form. Quantitative analysis of rotarod performance, footprint and activity patterns revealed significant and robust alleviation of gait, balance (average 3-fold increase of rotarod test time), locomotor and exploratory activity impairments in shAtx3-injected mice, as compared to control ones injected with shGFP. An important improvement of neuropathology was also observed, regarding the number of intranuclear inclusions, calbindin and DARPP-32 immunoreactivity, fluorojade B and Golgi staining and molecular and granular layers thickness. These data demonstrate for the first time the efficacy of gene silencing in blocking the MJD-associated motor-behavior and neuropathological abnormalities after the onset of the disease, supporting the use of this strategy for therapy of MJD.

Parasitismo por Neodohrniphora spp. Malloch (Diptera, Phoridae) em operárias de Atta sexdens rubropilosa Forel (Hymenoptera, Formicidae)

Parasitóides do gênero Neodohrniphora Malloch, 1914 geralmente atacam operárias de Atta sexdens rubropilosa Forel, 1908 em baixa freqüência, mas os ataques alteram o ritmo de forrageamento das colônias, reduzindo o número e tamanho das operárias e aumentando o abandono de fragmentos vegetais ao longo das trilhas. O forrageamento de A. sexdens rubropilosa pode ser diurno ou noturno, mas existem dúvidas se Neodohrniphora spp. atacam as operárias dessa formiga também durante a noite. Os objetivos deste estudo foram verificar a ocorrência de ataques e avaliar o grau de parasitismo de forídeos do gênero Neodohrniphora em operárias de A. sexdens rubropilosa sob três níveis de luminosidade em laboratório, incluindo a ausência de luz. Os níveis de luminosidade foram: alta (0,65 µmol/m³/s); baixa (0,05 µmol/m³/s) e ausência de luz (0,0 µmol/m³/s). Fêmeas de Neodohrniphora tonhascai Brown, 2001 e Neodohrniphora elongata Brown, 2001 coletadas no campo e liberadas em laboratório somente efetuaram ataques e foram obtidas operárias parasitadas sob alta luminosidade, sugerindo que essas espécies não são ativas no campo durante o período noturno (ausência de luz). Os resultados sugerem também que o estímulo visual em Neodohrniphora spp. pode ser um componente essencial para a localização e reconhecimento do hospedeiro.