Venture’s economic impact in Australia

We empirically compare the contributions of venture capital (VC) and private equity backed firms, including those backed by government subsidized innovation investment funds (IIFs), in the Australian economy by analyzing employment, R&D, patents, time to IPO, and market capitalization from market inception to August 2012. Overall, the data highlight a central role for VC and IIF investment in facilitating R&D, innovation, and economic growth. Our IIF findings highlight the success of government sponsorship of VC under the Australian program design, which is sharply in contrast with the lack of success of government venture programs in other countries.     

Mapping the Approaches to the Question of Exemption from International Responsibility

Netherlands International Law Review - García Amador, the first Special Rapporteur on the topic of state responsibility, was of the view that in international law, special circumstances denote...     

Brownfield redevelopment and affordable housing: A case study of New Jersey

Abstract

A total of 779 New Jersey residents were surveyed to determine the number of people who during the next five years would be willing to move to housing built on brownfield sites that have been remediated to the extent that they pose no plausible brownfield‐related health risk to residents.

Fourteen percent of the respondents said they would be willing to move to and live in housing built on cleaned‐up brownfields. These respondents were disproportionately relatively poor and young and resided in apartments and cities, especially cities where the city government was actively promoting brownfields. These respondents also did not like their current neighborhoods, did not feel threatened by the idea of living on a cleaned‐up brownfield site, and trusted experts to advise them on the health risks involved.     

Subjectivity in sentencing

The present paper describes a model of choice behavior based on a combination of personal construct theory and multiattribute utility theory. This model has been applied to the sentencing of offenders by magistrates with a high degree of success. The data collected from magistrates are also used to indicate extent of agreement in sentencing and to illustrate problems associated with verbal measures of construct similarity. Finally, it is suggested that the model has a wide range of application in both legal and nonlegal contexts.