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Articles 1 - 5 of 5
Full-Text Articles in Social and Behavioral Sciences
Equity Commitment Under Uncertainty: A Hierarchical Model Of Real Option Entry Mode Choices, Luisa Blanco, Rossitza Wooster, W. Charles Sawyer
Equity Commitment Under Uncertainty: A Hierarchical Model Of Real Option Entry Mode Choices, Luisa Blanco, Rossitza Wooster, W. Charles Sawyer
School of Public Policy Working Papers
We develop a real option hierarchical model of entry mode choice and test predictions using a sample of US companies in Latin America and the Caribbean between 1980 and 2005. Probit results indicate that the choice between a real option non-equity mode and equity commitment is influenced by previous acquisition experience, R&D and advertising intensities, and country risk. The choice of the more flexible real option JV mode over WOEs is positively related to greater firm size and market-to-book ratio in countries with better infrastructure. In contrast, greater marketing intensity and lower country risk encourage WOEs.
Agricultural Patenting: A Case Study Of Monsanto, Shannon Moran
Agricultural Patenting: A Case Study Of Monsanto, Shannon Moran
Pepperdine Policy Review
In 2012, genetically-modified crops reached 170 million hectares around the globe. The ability to patent basic forms of life such as plant properties and the legal history of those intellectual property rights gives biotechnological companies such as Monsanto immense power in the vital agricultural sector. This article outlines the concerns over genetically-modified products and the implications for follow-on advancements within biotechnology by using Monsanto as a case study. The article finds that patent policies similar to those within the United States severely restrict competition and stifle innovation in not only the agricultural sector but also within research and humanitarian projects. …
The Minimum Wage And Teen Unemployment: A Study Of The Effect Of The Fair Minimum Wage Act Of 2007, Alexander Pino
The Minimum Wage And Teen Unemployment: A Study Of The Effect Of The Fair Minimum Wage Act Of 2007, Alexander Pino
Pepperdine Policy Review
The Fair Minimum Wage Act of 2007 increased the national minimum wage from $5.15 per hour to $7.25 per hour. We attempt to evaluate the impact of this statute on low-skill labor. We do so by analyzing the effect of the law on the teen unemployment rate in the five states with no state minimum wages (Alabama, Louisiana, Mississippi, South Carolina, and Tennessee). Using the adult unemployment rate as a control in a difference-in-differences analysis we find that the 2007 minimum wage increase had a negative effect on teen employment in these states.
Rust-Belt Recovery: The Cleveland Model As Economic Development In An Age Of Economic Stagnation And Climate Change, Ross Lenihan
Rust-Belt Recovery: The Cleveland Model As Economic Development In An Age Of Economic Stagnation And Climate Change, Ross Lenihan
Pepperdine Policy Review
The economic outlook of the United States is dire. According to the U.S. Census Bureau, poverty has not lessened even as U.S. Gross Domestic Product (GDP) has rebounded following the Great Recession. This paper explores the development potential of joint worker-community cooperative structures during the current economic downturn by analyzing the “Cleveland model,” a network of worker-owned cooperatives supported by local education/healthcare "anchor" institutions and financed and organized by a non-profit community development corporation. I find that while worker and community-owned enterprises hold significant promise for both workers and communities in times of economic stagnation and ecological danger, existing market …
Nets Or Vaccines: Malaria Vaccine Research, David Ernenwein
Nets Or Vaccines: Malaria Vaccine Research, David Ernenwein
Pepperdine Policy Review
The global battle against malaria has seen many victories in the developed world but the undeveloped world and particularly Africa continue to suffer from this disease. The development of the RTS,S vaccine and ongoing research into additional vaccines have been touted as the solution to the crisis. However, the news of the successful RTS,S trial should be viewed with caution. Concerns over the effectiveness of the existing vaccine and the cost of further development may not be justified, especially given the known effectiveness of current treatment methods. This research must be watched carefully lest the allure of the vaccine blind …