A challenging marketplace for venture capital

This article looks at the contemporary situation facing the U.K. venture capital industry as it enters its second decade of activity. After 10 years of substantial growth, the industry is starting to mature. Accordingly, in an increasingly competitive marketplace, U.K. venture capital firms are having to address seriously strategic issues of product and market choice in order to meet the high investment expectations placed on them by their funders. There is evidence that the industry is already concentrating its finances into a small number of larger firms. It is likely that these better resourceed firms will have material advantages in initiating both product and market innovations. However, this concentration is unlikely to improve the supply of venture capital funds to start-up and other early stage, high risk ventures.     

A Monte Carlo study of alternative responses to intraclass correlation in community trials. Is it ever possible to avoid Cornfield's penalties?

Strategies to avoid the penalties of extra variation and reduced degrees of freedom in community trials were compared in Monte Carlo simulations. Three conditions were found necessary to ensure nominal Type I and II error rates: (a) Condition variation must be assessed against assignment unit variation, (b) the critical value for the test statistic must be based on the assignment unit degrees of freedom, and (c) estimation of negative intraclass correlations must be allowed in the analysis. Using other test statistics and other degrees of freedom, and fixing negative intraclass correlations at zero often gave Type I and II error rates far from their nominal levels.     

A longitudinal study of family size expectations among young blacks and whites

Despite past research, there are gaps in our knowledge on the stability of family size expectations and the direction of change in expectations among different groups. In the present study, 437 low‐income respondents, both black and white, male and female, answered a question on expected family size both at high school age and four years later. Respondents varied in their consistency with 78% of those first naming one or two children, but only 9% of those expecting no children, naming the same number at the second interview. Consistency was also found to vary by sex and race. Support was found for the hypothesis that change in expectations is related to the proximity of parenthood decision.     

The National Health Act

Abstract

While increasing enrolments of international fee-paying students are a feature of the current Australian tertiary system, little research has been undertaken relating to international students studying social work. A national survey of all accredited BSW programs within Australia was undertaken in 1997 with regard to the demographic profile of international students, current provisions for them and perceptions of educators about relevant issues for consideration. The findings of this survey are presented here. Fee-paying international students represented a small proportion of total enrolments within Australian BSW programs in 1997. While educators perceived that these students did have particular educational and social challenges within Australian social work programs, few special considerations were afforded to them, although the literature would encourage us to consider this. Issues relating to the social and cultural construction of Western social work education are discussed, as well as the cultural relevance of Australian social work education for international students intending to practise social work in their countries of origin.     

HIV/AIDS and constructs of gay community: Researching educational practice within community-based health promotion for gay men

This paper reports on the methodology of a comparative study of three gay communities in Australia as they struggle with HIV/AIDS. The study focused on the pedagogy and practice of HIV/AIDS education for disease prevention and for health maintenance for people living with HIV/AIDS, through the investigation of three problematics: (1) constructs of 'community'; (2) the centrality of gay community-based health educators; and (3) the relations of gay men within and to their communities. The study was conceived of as a critical ethnography involving a three-part sample in the three sites and using three related research methods: (1) individual and group interviews; (2) textual analysis; and (3) participant observation. The theoretical bases for the study and its design lay in notions of 'performativity', community and adult education, organizational and institutional processes, and the idea of a 'post-AIDS' sociality. The methodology is explained in detail, as are various consultative processes embedded in the design to facilitate and enable a productive relationship with the communities researched.     

MOVING OUT TO MOVE UP: DUAL‐CAREER MIGRATION AND WORK–FAMILY TRADEOFFS

Using data from a survey of new entrants to the junior PhD job market in economics, this paper shows that dual‐career location problems compromise the personal and professional lives of early‐career PhDs. Contrary to the common assumption that couples who do not live together break up, we find that living apart is a viable solution to location problems in the first year after graduate school. Surprisingly, PhDs facing moderate location problems are more likely than those facing severe location problems to make career sacrifices on behalf of their relationship; PhDs facing severe location problems are more likely to live apart. (JEL, J12, J44, A11)