Expansion of Brazilian Federal Universities: Is It Possible to Raise Economic Impacts?

ID: 55372

Authors: Marcelo Ponte Barbosa, Francis Carlo Petterini, Roberto Tatiwa Ferreira.

Source: Revista de Administração Contemporânea, v. 24, n. 1, p. 1-24, January-February, 2020. 24 page(s).

Keyword: evaluation of public policies , federal universities , REUNI

Document type: Article (Portuguese) Show Abstract

The investigation of the effects of the implantation of university units on the local development is still incipient in Brazil. Even at the international level, few studies use robust methods to estimate the impacts of these structures, let alone seek to differentiate them over time. This paper evaluates the initial impacts of the federal universities' expansion policy in the 2000s on municipal economies, based on production and income indicators. Based on a broad data set for Brazilian municipalities, we apply the propensity score matching technique and then estimate Treatment Effect on Treated by the policy. The results indicate that the implementation of the new campuses was able to raise the per capita income of the benefited municipalities by 3.5% to 5.8%, on average, but that there was no additional gain from the time of implementation of the campuses. The absence of campus maturation effect points to a difficulty in generating the productivity jumps normally expected with the implementation of these structures. In this case, it would be possible to seek a greater return from these investments by reevaluating the criteria for creating new campuses and by better focusing on the actions of existing ones.

A Importância da Ciência Aberta (Open Science) na Pesquisa em Administração

ID: 55371

Authors: Henrique Castro Martins.

Source: Revista de Administração Contemporânea, v. 24, n. 1, p. 1-8, January-February, 2020. 8 page(s).

Document type: Editorial (Portuguese)

Gift-giving, Love Styles, and Sacrifice: An Analysis Among Romantic Partners

ID: 55373

Authors: Marianny Silva, Salomão de Farias, Jairo de Pontes Gomes, Francisco Vicente Sales Melo.

Source: Revista de Administração Contemporânea, v. 24, n. 1, p. 25-48, January-February, 2020. 24 page(s).

Keyword: frequency of gift-giving , gift-giving , love styles , reasons of gift-giving , sacrificial perception

Document type: Article (Portuguese) Show Abstract

Going beyond analyzing gift-giving from a single love perspective, this paper aimed to understand the gift-giving from the love types experienced in romantic relationships, investigating the frequency, the reasons for the act of giving gifts among couples, and the sacrificial perception. Through a survey, 257 people participated in the research. The results revealed that the love characterized by eroticism and passion (Eros) is the predominant primary style among couples and is the one that guides individuals to gift more frequently through the social motive. Among the secondary love styles, we observed that the altruist (Agape) tends to be what most often induces gift-giving, generating a sacrificial perception of the offerer. We also saw that the sacrifice can be perceived in the gift-giving in other forms of love besides the Agape style. The study contributes to the literature by revealing that the gift-giving can vary according to the love styles and that the perception of sacrifice in this act is related to these styles. Thus, we propose the development of reflections and investigations focused on the consequences of love forms on consumer behavior, highlighting love styles theory for its ability to provide new interpretations of consumer relations.

Work Engagement in the Public Service: A Multicultural Model

ID: 55374

Authors: Diego César Terra de Andrade.

Source: Revista de Administração Contemporânea, v. 24, n. 1, p. 49-76, January-February, 2020. 28 page(s).

Keyword: crosscultural study , personal and organizational values articulation , public administration , work engagement , work satisfaction

Document type: Article (Portuguese) Show Abstract

The objective of this study is to propose a model to measure work engagement in Brazilian and Portuguese public service. The research is supported by a review of the literature that seeks to delineate the area of organizational behavior, the cross - cultural studies and the hypothetical theoretical model, which presents the ontological vision of the work. The unit of analysis are public institutions of both countries, the sample, which is of the convenience type, was composed of 609 respondents public servants. Three research instruments were used: the Articulación entre la Persona y la organización (APO) of Ramos, Jordão and Morais (2012); the Escala de Satisfação no Trabalho (EST) by Siqueira (2008); and the Utrecht Work Engagement Scale (UWES) tool by Schaufeli, Bakker and Salanova (2006). The results did not reject the hypotheses of the model, both of the Portuguese and Brazilian samples, and the comparison between them shows that in general the Portuguese are more satisfied and more engaged in the work than the Brazilians. The exception was observed only in the hypothetical factors Promotion and Salary.

Opacity, Risk, Performance and Inflows in Hedge Funds

ID: 55375

Authors: Flávia Vital Januzzi, Aureliano Angel Bressan, Fernando Moreira.

Source: Revista de Administração Contemporânea, v. 24, n. 1, p. 77-99, January-February, 2020. 23 page(s).

Keyword: derivative , hedge fund , opacity

Document type: Article (English) Show Abstract

This article analyzes the relationship between opaque assets and the risks, returns and inflows of hedge funds. In particular, we use a unique dataset containing information required by a Brazilian regulator to evaluate the amount invested by funds in forward and future contracts, swaps and options in the context of qualified and non-qualified investors. Our results show a positive association between the positions in derivatives and the variations in risk and a negative association between derivatives (especially swaps) and the funds’ monthly performances. This means that the use of more derivatives is related to higher risk (total and systematic) without the benefit of higher return. Hedge funds adopting leveraged operations with derivatives also present a lower annual performance. In general, there is significant evidence that swaps are related to fund inflows in a negative way with regard to qualified and non-qualified investors.

Innovation Capabilities in an Inter-Organizational Network in Brazilian Amazon

ID: 55376

Authors: Diana Cruz Rodrigues, Mário Vasconcellos Sobrinho, Ana Maria de Albuquerque Vasconcellos.

Source: Revista de Administração Contemporânea, v. 24, n. 1, p. 100-118, January-February, 2020. 19 page(s).

Keyword: Amazon , Biotechnology , Innovation , Innovation Capability , Inter-organizational Network

Document type: Article (Portuguese) Show Abstract

This article analyzes innovation capabilities in an inter-organizational network for businesses based on biotechnology applied on biodiversity assets in the Brazilian Amazon. It is a case study about an innovation network for development and commercialization of an antioxidant compounds line of a local fruit called açai (Euterpe oleracea) in the state of Pará. The network is formed by a public university, a small technology-based company that develops high value-added products based on biodiversity, and an agribusiness company that processes, markets, and distributes products made from fruits of the Amazon region. The study shows that the capabilities found in an inter-organizational network produce innovation processes that the network’s members would not be able to develop alone. In the case researched, the network connecting the organizations’ capabilities enabled the exploration of biotechnological opportunities within the açaí production chain by creating competitive products. However, limitations linked to innovation appropriability prevent those innovative organizations, operating as an inter-organizational network, economically explore this product line.