Knowledge and Technology Transfer Relationship between a Research Center and the Production Sector: CIMAT Case Study

This article presents a study of the adoption of a knowledge and technology transfer model at the Center for Research in Mathematics in Guanajuato state, Mexico, in order to define the model that would produce the best outcomes for establishing a transfer relationship with industry, the government, and academia. The transfer of organizational models and practices is a phenomenon that occurs frequently in dynamic globalized organizational contexts that underpin ongoing quests for greater and faster development, while also adapting and exchanging innovative products and services. This article presents theoretical input from specialized entities and authors focused on knowledge and technology transfers at universities and research centers. The methodological strategy used in these research projects adopts a qualitative approach, with the study of an explanatory case study being the methodological tool, together with document analyses and semi-structured interviews. After the results have been obtained, the mechanisms used by the Center were identified for relating to the production sector, noting that this relationship involves high-level direct transfers. Positive outcomes were found that benefitted the Center and the company studied, underscoring the importance of government research centers having a knowledge and technology transfer model allowing identification of the contextual, technical and structural conditions that shape underlying transfer relationship at this Center, as well as the surrounding regions.     

Objective quality and business performance in service environments: moderating effects of entrepreneurs' knowledge and involvement

This study considers two main research issues: the relationship between objective quality and business performance and the moderating role of an entrepreneur's knowledge (education and experience) and involvement (exclusiveness in professional dedication) in that relationship. A sample of 103 rural tourism entrepreneurs in Spain serves as the study setting. Results indicate the positive influence of an establishment's quality on performance. Moreover, both knowledge and involvement have direct effects on performance, but involvement influences performance to a greater extent and even reaches profits. Positive moderating effects of experience and exclusiveness also emerge, as does an unexpected negative moderating effect of education.     

Estimates of price elasticity of demand for urban freeway use with high-frequency control variables: the case of Santiago,Chile

Estimates are presented of toll and fuel price elasticities of demand for urban freeway use in Santiago, Chile. High-frequency toll and vehicle data were collected from four urban freeways for different route segments and times of day. Estimation was performed using log-linear regression models whose explanatory variables were tolls, fuel prices, city traffic levels and sets of dichotomous variables to control for daily, weekly and monthly seasonality. City traffic is a high frequency control of the activity level of the city. The elasticities to changes in tolls and fuel were all low in absolute value. The toll elasticities were below 0.05 for two freeways and 0.16 for the third, while for the fourth, which had more alternative routes, it was 0.47. The fuel price elasticities were also heterogeneous, with values of approximately 0.45 for two freeways and 0.21 for the third whereas for the fourth, which had the fewest alternatives, it was 0.07.     

Term structure information and bond strategies

We examine term structure theories by using a novel approach. We form bond investment strategies based on different theories of the term structure in order to determine which strategy performs best. When using a manipulation-proof performance measure, we find that consistent with prior literature, an active strategy that is based on time varying term premiums can indeed form the basis of a successful bond strategy that outperforms an unbiased expectation inspired passive bond buy and hold strategy. This is true, however, for an earlier time period when the literature first made this claim. In a later time period, we find that the passive buy and hold strategy is significantly superior to all active strategies. This result is confirmed by statistical tests and it suggests that once it became known that an active strategy based on time varying term premiums could outperform a passive buy and hold strategy, the markets adjusted and arbitraged away this opportunity. Overall, it appears that the unbiased expectation hypothesis is the most likely explanation of the behaviour of the term structure during more recent times. This is because economically and statistically significant superior performance cannot be achieved if one uses information from the forward curve or the term structure as a guide to adjusting bond portfolios in response to changes in the term premium.     

Goodness of Fit for Discrete Random Variables Using the Conditional Density

In this paper we find a new test of goodness of fit in the case of discrete random variables. The main advantage of the methodology proposed in this paper relies on the fact that given the sample, we can control the probability of the type I error, that is α, and then find the exact value of the probability of the type II error, β, associated, in some cases. The results are not asymptotic, but exact. Also a conditional test for two alternatives is obtained. We also include some simulations in order to check the power of the procedures.Mathematics Subject Classification (2000) Primary 62G10 · 62B05 · Secondary 62E10     

Using Non-linear Models for a Complexity Approach to Psychological Well-being

Psychological well-being in adolescence is an increasing field of study. The literature identifies a large number of dimensions of psychological well-being. However, even when considering all these dimensions, the explanatory power of most models is rather low. Complexity theories can be a productive alternative, at the theoretical but especially the methodological level, to the limitations more traditional approaches to psychological well-being have. In this paper, we suggest a structural equation modelling approach to complexity that focuses on the non-linearity property. Given the large number of dimensions, the model is estimated in two steps as described by Jöreskog [(2000) Latent Variable Scores and Their Uses. Lincolnwood IL: Scientific Software International] First, a confirmatory factor analysis is fitted and Anderson and Rubin’s factor scores are saved. Then all possible products and squared terms of the factor scores are computed and are used as predictors of the dependent variable using an ordered logit model. The results from a sample of 968 Catalan adolescents show that a non-linear model including interaction effects among the eight dimensions, age and gender, has a higher explanatory power to predict satisfaction with life as a whole, compared to a linear model. Important consequences for the study of psychological well-being in adolescence emerge from the methodological procedure we have followed, which can be used to study any type of complex psychological and psychosocial phenomenon.     

Store brand and store loyalty: The moderating role of store brand positioning

Despite extensive research, the relationship between store brand loyalty and store loyalty remains uncertain. Recent research suggest a nonmonotonic relationship between store brand loyalty and store loyalty: positive up to a certain store brand loyalty level, after which it becomes negative (inverted U). However, existing arguments suggest this relationship may relate to the competitive positioning of store brands, especially their price?Cquality positioning. The more quality-oriented the store brand positioning, the more favorable the effect of store brand loyalty appears to be on store loyalty. An empirical study, focused on retailers that simultaneously offer several store brands with different price?Cquality positions, corroborates this proposition. The store brand loyalty level at which store brand loyalty induces a negative effect on store loyalty occurs earlier when the store brand positioning stresses price instead of quality.     

Structural Breaks and Spatial Linkages in FDI: Further Evidence in OECD Countries

This paper evaluates the knowledge–capital model (KCM) of foreign direct investment (FDI) as defined by Braconier et al. (Rev Int Econ 13(4):770-786, 2005). The model predicts that there are both horizontal and vertical motivations for engaging in FDI. The horizontal motives regard access to new markets in the case of trade frictions, whereas the vertical motivations imply that multinational enterprises seek to take advantage of relative skill differences in different countries. The impact of the vertical component in the KCM has been largely debated and thereby is of the greatest interest. Another issue addressed in the study is the relevance of spatial interdependencies in FDI flow. To check for these kinds of FDI determinants the KCM model is augmented with a surrounding market potential and a spatial lag term. By using large data sets for FDI stocks among OECD countries from 1982 to 2003 along with structural breaks and spatial econometric techniques, the paper evaluates the significance of traditional and spatial FDI determinants. The results show that the vertical component is indeed important, even for FDI among OECD countries, but that this importance is clearly decreasing over time. The findings point towards the existence of spatial linkages that are also compatible with export-platform motivations.