Market Access Spillovers: An Empirical Approach to the Flagship Firm Effect

This paper intends to contribute to the knowledge on the externalities produced by a foreign industry within the host region of the investment. Particularly, this study focuses on the influence of internationalization strategies implemented by a foreign industry on the local territory when its workers install their own companies or are hired by local companies, and on the effect of imitation strategies within the local environment. This analysis reveals a positive correlation between the territorial strategy of the industry and the permeability of its organization, and also between the maturity of the investment, new market access strategies, and the local impact. On the other hand, the productive linkage established between local and foreign companies and the previous labor relationship of its owner or administrators influence the internationalization process.

Entrepreneurship and performance around MNC affiliates

The aim of this study is the analysis of the influence of a multinational company (MNC) on its local supplier’s network within the host territory. We have particularly focused on how the MNC influences the performance of supplier as well as non-supplier local companies. Our study has shown the how the existence of knowledge transfer influences productivity through the productive linkage established with local suppliers and their hiring of MNC former managers. Direct local suppliers have been shown to experience higher productivity than do local suppliers from lower levels of the supply chain. Similarly, local suppliers hiring MNC former managers have shown higher productivity than those who have hired only local managers. In addition, no significant differences in productivity have been found between strategic and non-strategic suppliers.

A critical analysis of the development of the public benefit requirement of charitable purposes under English and Welsh charity law, from Re Compton [1945] 1 Ch 123 to R (Independent School Council) v Charity Commission [2012] Ch 214

The enactment of the Charities Act 2006 in November 2006 introduced the first statutory definition of charity into English and Welsh law. Under the provisions of the Act, charitable status requires that an institution must be established for charitable purposes only and that the charitable purposes must be of public benefit. Although, generally, well received the Charities Act 2006 has been criticised as ‘flawed’ on the public benefit requirement of charitable purposes. The Charities Act 2006 was passed with the principle aim of modernising existing charity law, which was considered outdated and unclear. However, unlike charitable purposes, which are set down within the provisions of the Act, a definition of public benefit is not provided. Section 3(3) of the Charities Act 2006 merely provides that ‘reference to public benefit is a reference to the public benefit as that term is understood for the purposes of the law relating to charities in England and Wales’. This lack of a definition as to what constitutes public benefit and statutory reliance upon the charities’ regulator, the Charity Commission, to interpret and provide guidance on the public benefit requirement for charitable purposes has led to criticism that the Charities Act 2006 has raised as many uncertainties as it sought to clarify. In critically evaluating the impact of the Charities Act 2006, and its successor, the Charities Act 2011, upon English charity law, this assessment places the legal definition of charity within its complex and, at times, vague historical context. Thus, providing an ideal backdrop in which to explore the policy objectives behind the Charities Acts and assess the effectiveness of the Charities Acts in achieving those objectives

Market access spillovers: an empirical approach to the flagship firm effect

This paper intends to contribute to the knowledge on the externalities produced by a foreign industry within the host region of the investment. Particularly, this study focuses on the influence of internationalization strategies implemented by a foreign industry on the local territory when its workers install their own companies or are hired by local companies, and on the effect of imitation strategies within the local environment. This analysis reveals a positive correlation between the territorial strategy of the industry and the permeability of its organization, and also between the maturity of the investment, new market access strategies, and the local impact. On the other hand, the productive linkage established between local and foreign companies and the previous labor relationship of its owner or administrators influence the internationalization process

Entrepreneurship and performance around MNC affiliates

The aim of this study is the analysis of the influence of a multinational company (MNC) on its local suppliers network within the host territory. We have particularly focused on how the MNC influences the performance of supplier as well as non-supplier local companies. Our study has shown the how the existence of knowledge transfer influences productivity through the productive linkage established with local suppliers and their hiring of MNC former managers. Direct local suppliers have been shown to experience higher productivity than do local suppliers from lower levels of the supply chain. Similarly, local suppliers hiring MNC former managers have shown higher productivity than those who have hired only local managers. In addition, no significant differences in productivity have been found between strategic and non-strategic suppliers

A review of physics-based models in prognostics: application to gears and bearings of rotating machinery

Health condition monitoring for rotating machinery has been developed for many years due to its potential to reduce the cost of the maintenance operations and increase availability. Covering aspects include sensors, signal processing, health assessment and decision-making. This article focuses on prognostics based on physics-based models. While the majority of the research in health condition monitoring focuses on data-driven techniques, physics-based techniques are particularly important if accuracy is a critical factor and testing is restricted. Moreover, the benefits of both approaches can be combined when data-driven and physics-based techniques are integrated. This article reviews the concept of physics-based models for prognostics. An overview of common failure modes of rotating machinery is provided along with the most relevant degradation mechanisms. The models available to represent these degradation mechanisms and their application for prognostics are discussed. Models that have not been applied to health condition monitoring, for example, wear due to metal–metal contact in hydrodynamic bearings, are also included due to its potential for health condition monitoring. The main contribution of this article is the identification of potential physics-based models for prognostics in rotating machinery

Export learning process in local supplier networks

The objective of this study is to analyze the influence of a multinational corporation on the productive network of the host territory and the proliferation of entrepreneurs. In particular, an attempt has been made to analyze the influence on the exporting activities of local SMEs, both suppliers and non-suppliers. The study has shown that strategic integrated suppliers show greater exporting tendencies than those which are not considered to be strategic suppliers for the MNC. Similarly, those companies whose founder and/or part of the executive team have worked previously in the MNC show greater levels of export activity, compared to those companies founded by local entrepreneurs

A first approach to an axiomatic model of multi-measures

We establish an axiomatic model of multi-measures, capturing some classes of measures studied in the fuzzy sets literature, where they are applied to only one or two arguments