A systematic review of women's entrepreneurship and internationalization literature

There has been an increased interest in women's entrepreneurship research due to the changing sociocultural conditions in the global marketplace. Despite this trend, there is still a lack of understanding about the role women entrepreneurs play in the internationalization process of firms. The aim of this article is to systematically review the literature on women's entrepreneurship and internationalization by examining the trends in the research. A bibliometric analysis is conducted on articles in the Web of Science databases to understand which researchers are publishing the most and how they are related to other researchers in the field. In addition, a content analysis of the articles from the bibliometric analysis is conducted that reveals three main clusters from the research: (a) epistemological position and gender, (b) cultural and social reasons for the creation of businesses, and (c) motivations, business characteristics, and performance. From the bibliometric and content analysis, implications for policy makers and future research directions for women's entrepreneurship and internationalization patterns are stated.     

Social spatial changes： Booster for a new regional policy——The event of Silao and Romita counties in Guanajuato Mexico

Today, one of the most important phenomenons is the movement of Capital and the expansion of its investments, as well as the use of resources worldwide. The movement of Capital, is changing the local space and the territories, because is not a homogeneous process; they are not in the same way and rhythm, this is because they don＇t get in the same way to global dynamics. The reorganization of the world, because the movements in Capital is a challenge, that is why, the analysis of regions demand new and different views, to boost regional development. We can tell that since a long time ago, had been developing theories and proposals not good enough, for this reason we must think to generate new proposals. The goal of this paper, is to expose the social and territorial changes in Silao and Romita Counties in the state of Guanajuato Mexico, as a result of the relocation of economic activities that lead us to start a new regional policy, that gives more satisfactory results and think about a regional policy that could reflex about territorial development focuses, specially for a public policy.     

Barreras invisibles y mujeres directivas en España

Los autores dan cuenta de una investigación sobre los perfiles personales y académicos de hombres y mujeres con responsabilidades directivas en empresas españolas, su situación profesional y su postura respecto a la igualdad de género. Las directivas españolas son más jóvenes que sus homólogos masculinos, pero los alcanzan o superan en cualificación profesional y tienen menos hijos que ellos. Sin embargo, siguen luchando contra las barreras que impiden el aprovechamiento pleno del enorme capital humano femenino. A pesar de las medidas tomadas, más de nueve de cada diez puestos directivos siguen ocupados por hombres.     

The choice of innovation policy instruments

The purpose of this article is to discuss the different types of instruments of innovation policy, to examine how governments and public agencies in different countries and different times have used these instruments differently, to explore the political nature of instrument choice and design (and associated issues), and to elaborate a set of criteria for the selection and design of the instruments in relation to the formulation of innovation policy. The article argues that innovation policy instruments must be designed and combined into mixes in ways that address the problems of the innovation system. These mixes are often called “policy mix”. The problem-oriented nature of the design of instrument mixes is what makes innovation policy instruments ‘systemic’.     

Legitimate governance of risk at the EU level? The case of genetically modified organisms

In the past few years, the EU has been establishing a new regulatory framework for GMOs, a central issue in the governance of risk that came under fierce attack in the mid-1990s. The primary question addressed in this article is whether this new framework will be able to solve the legitimacy problem of GMO governance at the EU level. Focusing on theories concerning input–output legitimacy and democracy and the role of expertise, this article examines the level of involvement of stakeholders in the process leading to the new rules; the predominant mechanisms of representation that have been used in that process; and the forms of participation in the day-to-day governance of risk as envisaged in the new rules. Based on document analysis and a series of interviews with central stakeholders, the conclusions bring up two further theoretical matters regarding EU governance, namely the transformative nature of citizenship and the conceptual distinction between input- and output-legitimacy.     

Economic rents in franchising: Do they exist?

This work demonstrates the very existence of economic rents in franchising using, for the first time, the franchisees’ actual financial statements. This finding makes franchising more appealing for applicants and supports the hypothesis that rents are efficient devices to motivate franchisees.     

Intraday price‐reversal patterns in the currency futures market: The impact of the introduction of GLOBEX and the euro

This article assesses the intraday price‐reversal patterns of seven major currency futures contracts traded on the Chicago Mercantile Exchange over 1988–2003 after 1‐day returns and opening gaps. Significant intraday price‐reversal patterns are observed in five of the seven currency futures contracts, following large price changes. Additional tests are conducted in three subperiods (1988–1992, 1993–1998, and 1999–2003) to examine the impact of the introduction of electronic trading on GLOBEX in 1992 (to assess how a near 24‐hour trading session might impact the next‐day opening and closing futures prices) and the introduction of the euro in 1999 (to assess its impact on price predictability in other futures markets). It is found that the introduction of the GLOBEX in 1992 significantly reduced pricing errors in currency futures in the second subperiod, making the currency futures markets fairly efficient. However, the introduction of the new currency, the euro, and the disappearance of several European currencies in 1999, resulted in significant price patterns (mostly reversals and some persistence) in most of the currency futures, indicating inefficiencies in the third subperiod. © 2006 Wiley Periodicals, Inc. Jrl Fut Mark 26:1089–1130, 2006     

Conformity and diversity of accounting and financial reporting practices in Portuguese local government

Portuguese governmental accounting has evolved from essentially a cash‐based budgetary accounting system to an accrual‐based financial and cost accounting system. Evidence from financial reports shows a great level of diversity amongst municipalities' voluntary compliance with the new accounting rules. Using a sample of Portuguese municipalities in the year 2003 we calculate and analyse the levels of compliance with the practices required by law and document the diversity in compliance across municipalities. The differences across municipalities are explained by some fundamental factors: size, financial conditions, urban characteristics, and diffusion across neighbouring municipalities. We show an unexpected effect of size. Larger municipalities comply less with accounting standards. Organizational complexity, conservative practices, and aversion to change may explain this result. Copyright © 2007 ASAC. Published by John Wiley & Sons, Ltd.