Redox cycling of iridium(III) complexes gives versatile materials for photonics applications

The cyclometallated iridium(III) complex [Me4N][Ir(ppy)2(cat)] (Hppy = 2-phenylpyridine; H2cat = benzene-1,2-diol) has been prepared under inert atmosphere and has been structurally characterized by single crystal X-ray diffraction. Under ambient conditions, the fully reduced complex (as formulated) undergoes rapid one-electron oxidation both in solution and in the solid state to a species containing a semiquinone ligand. The resultant neutral complex [Ir(ppy)2(sq)] (sq = o-semiquinone) was also prepared by exposing the reaction mixture to O2 during the course of the reaction. Electron paramagnetic resonance (EPR) spectroscopy confirms the diamagnetic nature of the complex [Me4N][Ir(ppy)2(cat)] and indicates that the unpaired electron in [Ir(ppy)2(sq)] resides primarily on the sq ligand. The photophysical, electrochemical, and spectroelectrochemical properties of [Ir(ppy)2(sq)] were investigated and reveal the changes in absorption as the complex is converted into the catecholate and quinone forms

The freedom to be sustainable, from the past to the future

This study aims to investigate the historical evolution of the concept of corporate social responsibility (CSR), with a particular focus on the main theories and events that led it to no longer be a voluntary choice but a necessity for the company’s long-term survival. The article will first analyze the main definitions in the literature to determine the aspects that characterize it. Subsequently, using a theoretical approach, a literature review will be performed to describe its historical evolution, starting from its birth during the Industrial Revolution period (1760-1840) up to the present day. The analysis results show that, in the scientific debate, the CSR concept was initially focused on the workers’ well-being and, subsequently, it expanded its scope and significance to include all stakeholders’ categories. Furthermore, it emerged that CSR become a necessity for the companies’ long-term survival, especially in the post-pandemic period. For this reason, companies must develop new business models to face sustainability issues and meet social needs

Bottleneck co-ownership as a regulatory alternative

This paper proposes a regulatory mechanism for vertically related industries in which the upstream “bottleneck” segment faces significant returns to scale while other (downstream) segments may be more competitive. In the proposed mechanism, the ownership of the upstream firm is allocated to downstream firms in proportion to their shares of input purchases. This mechanism, while preserving downstream competition, partially internalizes the benefits of exploiting economies of scale resulting from an increase in downstream output. We show that this mechanism is more efficient than a disintegrated market structure in which the upstream natural monopoly bottleneck sets a price equal to average cost

De jure determinants of new firm formation: how the pillars of constitutions influence entrepreneurship

This paper provides empirical evidence supporting the view that constitutions are the primary and fundamental institutional determinant of entrepreneurship. It shows that some of the provisions contained in national constitutions are positively and significantly associated with a standard measure of entrepreneurial dynamics, namely the rate of new business density. Using for 115 countries a novel dataset containing the characteristics of the constitutions enacted in the world, applying an IV-GMM treatment to deal with the endogeneity of constitutional rules, and controlling for de facto variables, the paper finds that provisions about the right to conduct/establish a business, the right to strike, consumer protection, anti-corruption, and compulsory education promote higher rates of new firm formation. Contrasting results are instead obtained for provisions concerning protection of intellectual property rights

Molecular psychiatry of zebrafish

Due to their well-characterized neural development and high genetic homology to mammals, zebrafish (Danio rerio) have emerged as a powerful model organism in the field of biological psychiatry. Here, we discuss the molecular psychiatry of zebrafish, and its implications for translational neuroscience research and modeling central nervous system (CNS) disorders. In particular, we outline recent genetic and technological developments allowing for in vivo examinations, high-throughput screening and whole-brain analyses in larval and adult zebrafish. We also summarize the application of these molecular techniques to the understanding of neuropsychiatric disease, outlining the potential of zebrafish for modeling complex brain disorders, including attention-deficit/hyperactivity disorder (ADHD), aggression, post-traumatic stress and substance abuse. Critically evaluating the advantages and limitations of larval and adult fish tests, we suggest that zebrafish models become a rapidly emerging new field in modern molecular psychiatry research

Sequencing and timing of strategic responses after industry disruption: evidence from post-deregulation competition in the U.S. railroad industry

This paper examines the sequencing and timing of firms’ strategic responses after significant industry disruption. We show that it is not the single strategic choice or response per se, but the sequencing and patterns of consecutive strategic responses that drive a firm’s adaptation and survival in the aftermath of a shift in the industry. We find that firms’ renewal efforts involved differential adaptability in finding balance at the juxtaposition of responding to demand-side pressures and choosing a path of new capability acquisition efficiently. Our study underscores the importance of taking a sequencing approach to studying strategic responses to industry disruption

How Trade Splits Up Information Sets and Dealers Carry Out Their Brokerage of Asymmetric Information

In this paper we set forth a new perspective from which to understand and measure the brokerage of asymmetric information that intermediaries usually carry out. Firstly, we deal with partitions of a given set so as to lay grounds to our line of research. Secondly, we argue that trade splits up imperfect information sets, over which traders try to negotiate and profit, but also hide their opportunistic behavior from their counterparts. Next, the brokerage of asymmetric information is framed so as to stress the fact that any exchange is dual, entailing not only bargaining property rights but also information value. Lastly, we bring to light the linkage between differential rates, residual information sets and trading environments, which seems to be a functional toolkit for assessing how much asymmetric information is brokered eventually