Gestão, inovação e empreendorismo nas pequenas e médias empresas em Portugal

O presente trabalho visa analisar a forma como as pequenas e médias empresas em Portugal atuam no que toca à sua gestão que para garantir a continuada sustentabilidade no mercado, a inovação levada a cabo, tendo em conta que é um fator que difere uma empresa da outra e por fim o empreendedorismo levado a cabo pelos mesmos. Neste contexto, a atenção será direcionada para as pequenas e médias empresas com atividade nacional e internacional, o intuito deste trabalho é verificar a capacidade das empresas conseguirem vingar no mercado em que se encontram através de todos os mecanismos que se encontram à sua disposição, investindo na investigação e desenvolvimento de capacidades dos seus recursos humanos através de formação contínua, tornando-os imprescindíveis para o crescimento da empresa. Outro aspeto a analisar é, até que ponto as pequenas e médias empresas podem contribuir para a melhoria da economia portuguesa, tendo em conta também o papel da banca no financiamento dos projetos das PME’s.

Formulações dermatocosméticas: da actualidade aos desafios futuros

A pele é o maior órgão do ser humano, separando o meio interno das agressões exteriores. Os cuidados a ter com a pele e os produtos destinados a esse fim fazem cada vez mais parte do quotidiano da maioria das pessoas. A importância que os cosméticos têm hoje em dia é inegável. Este é um mercado crescente sobretudo na área de produtos que visam cuidar da pele, não só apostando na manutenção e recuperação de uma pele saudável e com boa aparência, como na prevenção de possíveis alterações a que a pele está sujeita. Nos últimos anos, novos conceitos foram surgindo, como é o caso dos produtos dermatocosméticos. Muitas substâncias sejam de origem natural ou sintética, são investigadas e testadas como ingredientes activos. Nesta dissertação são abordados diferentes aspectos introdutórios, tais como a origem da dermatocosmética – diferenças entre cosmético e dermatocosmético – classificação desses mesmos produtos, respectivos mecanismos de acção, locais de aplicação, tipos de formulações e perspectivas futuras. Esta abordagem do tema tem como principal objectivo facilitar a compreensão sobre alguns aspectos específicos como conhecer alguns dos ingredientes que são actualmente usados em produtos dermatocosméticos.

O contributo do farmacovigilância para o uso racional do medicamento e o papel do farmacêutico

O âmbito deste trabalho reside no contributo da Farmacovigilância para um Uso Racional do Medicamento, focando o relevante papel do farmacêutico nestes dois campos. A Farmacovigilância tem uma actuação a nível mundial, com um objectivo bem claro, o uso seguro do medicamento. Tem-se verificado uma evolução ao longo dos séculos, tendo sido a ocorrência de tragédias o impulso para a implementação de Sistemas de Farmacovigilância, a tragédia que ocorreu com a administração de talidomida a mulheres grávidas foi um dos grandes marcos para a criação do Sistema Internacional de Farmacovigilância. A Reacção Adversa a Medicamento(s) (RAM) é uma consequência do risco subjacente à utilização de fármacos, estando por isso a Notificação Espontânea (NE) de RAMs na base da Farmacovigilância. Todos os que contactam com tratamentos terapêuticos devem notificar, falamos portanto de profissionais de saúde, da indústria e dos utentes. Não menosprezando qualquer efeito adverso que decorra da utilização de um medicamento, deve-se notificar todas as RAMs estando elas já reconhecidas ou não. O Uso Racional do Medicamento pressupõe a intervenção do médico, do farmacêutico e do utente, havendo o objectivo bem claro através de várias medidas implementadas e do apoio dos Estudos de Utilização de Medicamentos (EUM) de uma prescrição, uma dispensa e um uso correctos. O farmacêutico é parte activa da Farmacovigilância e do Uso Racional do Medicamento. O farmacêutico tem contacto não só com a prescrição como com a dispensa e com o evoluir do tratamento terapêutico, sendo portanto um monitorizador. Devido à proximidade do dia-a-dia entre farmacêutico e doente cabe a este profissional de saúde educar para um uso correcto e seguro do medicamento, transmitindo sempre um elevado nível de confiança e fiabilidade.

Smart choices for growth. Bruegel Policy Contribution 2012/21, November 2012

Recovery in Greece, Italy, Portugal and Spain is held back in part by structural barriers. Overcoming these requires structural reform and public investment. Given the limited availability of political and financial capital, prioritising reform efforts and spending is important, but difficult. The different success factors for individual sectors are complementary. Using the example of the high-tech industry, we make the case that only investing in one success factor (eg broadband infrastructure) without having a sufficient endowment of others (eg education) is unlikely to make the sector successful. One consequence of the complementarity of the different success factors is that public investment and reform efforts should be fine-tuned in order to match the endowment of other factors. This might imply an increase in efforts to tackle several structural barriers at the same time, but it might also imply reducing investment in less promising fields. This in turn requires strategic thinking about whether it is worthwhile pursuing development strategies that require investment in many success factors but that do not promise much success. Such a strategic approach to public investment and reform efforts might make the allocation of scarce public financial and political capital more efficient.

Investment in preventing and preparing for biological emergencies and disasters: social and economic costs of disasters versus costs of surveillance and response preparedness

Biological emergencies such as the appearance of an exotic transboundary or emerging disease can become disasters. The question that faces Veterinary Services in developing countries is how to balance resources dedicated to active insurance measures, such as border control, surveillance, working with the governments of developing countries, and investing in improving veterinary knowledge and tools, with passive measures, such as contingency funds and vaccine banks. There is strong evidence that the animal health situation in developed countries has improved and is relatively stable. In addition, through trade with other countries, developing countries are becoming part of the international animal health system, the status of which is improving, though with occasional setbacks. However, despite these improvements, the risk of a possible biological disaster still remains, and has increased in recent times because of the threat of bioterrorism. This paper suggests that a model that combines decision tree analysis with epidemiology is required to identify critical points in food chains that should be strengthened to reduce the risk of emergencies and prevent emergencies from becoming disasters.

The allometry of ornaments and weapons

Exaggerated male traits that have evolved under sexual selection include ornaments to attract mates and weapons to deter rivals. Data from studies of many such traits in diverse kinds of organisms show that they almost universally exhibit positive allometries. Both ornaments and weapons increase disproportionately with overall body size, resulting in scaling exponents within species that are consistently > 1.0 and usually in the range 1.5-2.5. We show how scaling exponents reflect the relative fitness advantages of ornaments vs. somatic growth by using a simple mathematical model of resource allocation during ontogeny. Because the scaling exponents are similar for the different taxonomic groups, it follows that the fitness advantages of investing in ornaments also are similar. The model also shows how selection for ornaments influences body size at first reproduction and explains why interspecific allometries have consistently lower exponents than intraspecific ones.

The relative fitness of Drosophila melanogaster (Diptera, Drosophilidae) that have successfully defended themselves against the parasitoid Asobara tabida (Hymenoptera, Braconidae)

Drosophila melanogaster larvae defend themselves against parasitoid attack via the process of encapsulation. However, flies that successfully defend them selves have reduced fitness as adults. Adults which carry an encapsulated parasitoid egg are smaller and females produce significantly fewer eggs than controls. Capsule-bearing males allowed repeated copulations with females do not show a reduction in their number of offspring, but those allowed to copulate only once did. No differences were found in time to first oviposition in females, or in time to first copulation in males. We interpret the results as arising from a trade-off between investing resources in factors promoting fecundity and mating success, and in defence against parasitism. The outcome of this investment decision influences the strength of selection for defence against parasitism.

Observed adaptation to climate change: UK evidence of transition to a well-adapting society

This paper investigates whether and to what extent a wide range of actors in the UK are adapting to climate change, and whether this is evidence of a social transition. We document evidence of over 300 examples of early adopters of adaptation practice to climate change in the UK. These examples span a range of activities from small adjustments (or coping) to building adaptive capacity, implementing actions and creating deeper systemic change in public and private organisations in a range of sectors. We find that adaptation in the UK has been dominated by government initiatives and has principally occurred in the form of research into climate change impacts. These actions within government stimulate a further set of actions at other scales in public agencies, regulatory agencies and regional government (or in the devolved administrations), though with little real evidence of climate change adaptation initiatives trickling down to local government level. The water supply and flood defence sectors, requiring significant investment in large scale infrastructure such as reservoirs and coastal defences, have invested more heavily in identifying potential impacts and adaptations. Economic sectors that are not dependent on large scale infrastructure appear to be investing far less effort and resources in preparing for climate change. We conclude that while the government-driven top-down targeted adaptation approach has generated anticipatory action at low cost, it may also have created enough niche activities to allow for diffusion of new adaptation practices in response to real or perceived climate change. These results have significant implications for how climate policy can be developed to support autonomous adaptors in the UK and other countries.

Gauging the investment potential of international real estate markets

Investing in real estate markets overseas means venturing into the unknown, where you meet unfamiliar political and economic environments, unstable currencies, strange cultures and languages, and so although the advantages of international diversification might appear attractive, the risks of international investment must not be overlooked. However, capital markets are becoming global markets, and commercial real estate markets are no exception, accordingly despite the difficulties posed by venturing overseas no investor can overlook the potential international investment holds out. Thus, what strategies are appropriate for capitalising on this potential? Three issues must be considered: (1) the potential of the countries real estate market in general; (2) the potential of the individual market sectors; and (3) the investment process itself. Although each step in foreign real estate investment is critical, the initial assessment of opportunities is especially important. Various methods can be used to achieve this but a formal and systematic analysis of aggregate market potential should prove particularly fruitful. The work reported here, therefore, develops and illustrates such a methodology for the over 50 international real estate markets.

Investigating familiar interfaces to help older adults learn computer applications more easily

Many older adults wish to gain competence in using a computer, but many application interfaces are perceived as complex and difficult to use, deterring potential users from investing the time to learn them. Hence, this study looks at the potential of ‘familiar’ interface design which builds upon users’ knowledge of real world interactions, and applies existing skills to a new domain. Tools are provided in the form of familiar visual objects, and manipulated like real-world counterparts, rather than with buttons, icons and menus found in classic WIMP interfaces. This paper describes the formative evaluation of computer interactions that are based upon familiar real world tasks, which supports multitouch interaction, involves few buttons and icons, no menus, no right-clicks or double-clicks and no dialogs. Using an example of an email client to test the principles of using “familiarity”, the initial feedback was very encouraging, with 3 of the 4 participants being able to undertake some of the basic email tasks with no prior training and little or no help. The feedback has informed a number of refinements of the design principles, such as providing clearer affordance for visual objects. A full study is currently underway.

The impact of corporate social performance on financial risk and utility: a longitudinal analysis

This study focuses on the wealth-protective effects of socially responsible firm behavior by examining the association between corporate social performance (CSP) and financial risk for an extensive panel data sample of S&P 500 companies between the years 1992 and 2009. In addition, the link between CSP and investor utility is investigated. The main findings are that corporate social responsibility is negatively but weakly related to systematic firm risk and that corporate social irresponsibility is positively and strongly related to financial risk. The fact that both conventional and downside risk measures lead to the same conclusions adds convergent validity to the analysis. However, the risk-return trade-off appears to be such that no clear utility gain or loss can be realized by investing in firms characterized by different levels of social and environmental performance. Overall volatility conditions of the financial markets are shown to play a moderating role in the nature and strength of the CSP-risk relationship.

Understanding the barriers to real estate investment in developing economies

Baum (2008a) related the number of real estate funds investing in developing economies to simple economic and demographic variables, and showed that, while the popularity of markets was explained by population and GDP per capita, some countries receive more or less investment than the model predicted. Why is this? In this paper we undertake a literature review to identify the barriers which inhibit international real estate investment. We test our initial findings by questioning property investment professionals through semi-structured interviews. By doing this we were able to verify our list of barriers, identify those barriers which are most likely to affect real estate investors, and to indicate whether there are any real estate-specific variables that create barriers which have not received any academic attention. We show that distortions in international capital flows may be explained by a combination of these formal and informal barriers.

Unlisted property funds and the emerging property markets

This paper sets out to describe the changing nature of global property investment, to provide background information regarding the nature of unlisted property funds and their managers and investors, and especially the role played by unlisted property funds in facilitating cross-border investing. In particular, it focuses on the development of unlisted funds as intermediary structures carrying institutional capital from developed to developing markets. It presents the results of new research by UK research firm Property Funds Research (PFR) and the University of Reading which explores the extent to which this new vehicle has been effective in delivering capital to emerging markets. The research relates the number of funds targetting particular countries and to population and GDP per capita. It finds that there is a very strong relationship between the popularity of a country for investment through this vehicle format and these independent variables. More interesting, perhaps, is the identification of outlier countries where the amount of investment is significantly less - or greater - than that predicted by population and GDP per capita.