Teruel, M.; Tomàs-Porres, J.; Segarra-Blasco, A. (2026): “When digital meets green: digital and circular practices among European start-ups and scale-ups”, Industry & Innovation, https://doi.org/10.1080/13662716.2026.2617169
Chedid, Cl.; Teruel, M.; Ferré, M. (2026): “Beyond Infrastructure: Evaluating the Financial Inclusion Effects of China’s BRI Participation Across Partner Economies”, Development Studies Research, https://doi.org/10.1080/21665095.2026.2633999
Chedid, Cl.; Ferré, M.; Teruel, M. (2025): “Assessing Infrastructure Projects Funded by World Bank and Chinese Financial Institutions: A Case Study of Sri Lanka”, Development Policy Review, 43(4), e70018. Open access
Teruel, M.; Bauer, P.; Coad, A.; Domnick, C.; Harasztosi, P.; Rückert, D.; Weiss, C. (2025): “Digitalisation and high-growth enterprises in Europe”, Technology Analysis & Strategic Management, 37(12), 3082-3095. https://doi.org/10.1080/09537325.2024.2394771.
Tomàs-Porres, J.; Segarra-Blasco, A.; Teruel, M. (2025): “Financing patterns of working capital and physical investment: their effects on innovation and productivity”, Economics of Innovation and New Technology, 34(3), 493-512.
Segarra-Blasco, A.; Tomàs-Porres, J.; Teruel, M. (2025): “AI, robots, and innovation in European SMEs”, Small Business Economics, 65, 719-745. Open access
Quiroz-Rojas, P.; Teruel, M. (2024): “Information Sources as Innovation Factors: An Empirical Analysis for Chilean Firms”, Managerial and Decision Economics, 45(6), 4173-4190. Open access
Segarra-Blasco, A.; Teruel, M.; Cattaruzzo, S. (2024): “The international trade in human vaccines before COVID-19”, World Economy, 47(5), 1978-2008.
Cattaruzzo, S.; Segarra-Blasco, A.; Teruel, M. (2024): “Firm-level contributions to the R&D intensity distribution: evidence and policy implications”, Economics of Innovation and New Technology, 33(1), 45-65.
Segarra-Blasco, A.; Teruel, M.; Tomàs-Porres, J. (2024): “Circular Economy and Public Policies: A Dynamic Analysis for European SMEs”, Business Strategy and The Environment, 33(4), 3532-3549. Open access
Teruel, M.; Amaral-García, S.; Bauer, P.; Coad, A.; Domnick, C.; Harasztosi, P.; Pál, R, (2023): “Productivity and HGEs: resilience and potential recovery from COVID-19 pandemic”, Industry & Innovation, 30(7), 895-918.
Díaz-Serrano, L.; Teruel, M. (2023): “Job-to-job transitions and the job satisfaction puzzle: a diff-in-diff analysis for eleven EU countries”, Applied Economics, 55(4), 5464-5483.
Coad, A.; Bauer, P.; Domnick, C.; Harasztosi, P.; Pál, R, Teruel, M. (2023): “From rapid decline to high growth: Where in the distribution did COVID hit hardest?”, Journal of Small Business and Enterprise Development, 13, 193-200. Open access
Coad, A.; Amaral-García,S.; Bauer, P.; Domnick, C.; Harasztosi, P.; Pál, R, Teruel, M. (2023): “Investment expectations by vulnerable European firms in times of COVID”, Eurasian Business Review, 13, 193-220. Open access
López-Bazo, E. & Teruel, M. (2023): "Editorial introduction: Studies about the impact of recent economic crises", Applied Economic Analysis, 31(93), 145-146. Open access
Teruel, M.; Soldevila, V.; Martin-Bofarull, M. (2023): “A forecast of Cava wine sales applied to vine planting authorizations”, British Journal of Food, 125(13), 1-15.
Tomàs-Porres, J.; Segarra-Blasco, A.; Teruel, M. (2023): “Export and variability in the innovative status”, Eurasian Business Review, 13, 257-279. Open access
Cattaruzzo, S.; Teruel, M. (2022): “On the heterogeneity of the long-term leverage-growth relationship: An analysis for European manufacturing firms”, Structural Change and Economic Dynamics, 62, 552-565. Open access
Coad, A.; Domnick, C.; Flachenecker, F.; Harasztosi, P.; Janiri, M.L.; Pal, R.; Teruel, M. (2022). “Capacity constraints as a trigger for high-growth: Evidence and policy implications”, Small Business Economics, 59, 893-923. Open access
Segarra-Blasco, A.; Teruel, M.; Cattaruzzo, S. (2022): “Innovation, productivity and learning induced by export across European manufacturing firms”, Economics of Innovation and New Technology, 31(5), 387-415.
Coll, E.; Jové, E.; Teruel, M. (2022): “The city of start-ups: Location determinants of start-ups in emergent industries in Barcelona”, Growth and Change, 53 (2), 872-1007.
Teruel, M.; Coad, A.; Domnick, C.; Flachenecker, F.; Harasztosi, P.; Janiri, M.L.; Pal, R. (2022). “The birth of new HGEs: internationalization through new digital technologies”, The Journal of Technology Transfer, 47, 804-845.
Teruel, M.; Segarra-Blasco, A. (2022): “Gender and occupational diversity of R&D teams and patents: An application to Spanish firms”, R&D Management, 52(3), 517-529. Open access
Segarra-Blasco, A.; Teruel, M.; Cattaruzzo, S. (2021): “The economic reaction to non-pharmaceutical interventions during Covid-19”, Economic Analysis and Policy, 72, 592-608.
Albiol-Sánchez, J.; Díaz-Serrano, L.; Teruel, M. (2021): “The Transition to Self-Employment and Perceived Skill-Mismatches: Panel Data Evidence from Eleven EU Countries”, Social Indicators Research, 153, 957-977.
Coad, A.; Segarra-Blasco, A.; Teruel, M. (2021): “A bit of basic, a bit of applied? R&D strategies and firm performance”, The Journal of Technology Transfer, 46, 1758-1783.
Quiroz-Rojas, P.; Teruel, M. (2021): “Does gender matter for innovative firms’ growth? An empirical analysis of Chilean managers”, Innovation and Development, 11(1), 49-67.
Teruel, M. (2021): "Las start-ups como agentes disruptives: retos y oportunidades". Papeles de Economía Española, ed. Funcas, Madrid, 168, 91-103
Méndez-Ortega, C.; Teruel, M. (2020): “To Acquire or not to Acquire: The Effects of Acquisitions in the Software Industry”, Journal of Evolutionary Economics, 30: 793-814.
Teruel, M.; Quiroz, P. (2019): “La diversidad de género: factor de impulso de la innovación”, Economía Industrial, 414, 55-67.
Segarra-Blasco, A.; Teruel, M.; Jové, E. (2018): “High-Growth Firms in European Countries: the Role of Innovation”, Cuadernos de Economía, 37(75), 637-650. DOI: 10.15446/cuad.econ.v37n75.67721.
Segarra-Blasco, A.; Arauzo-Carod, J.M.; Teruel, M. (2018): “The Role of Science and Technology Parks as Firm Growth Boosters: an Empirical Analysis in Catalonia”, Regional Studies, 52:5, 603-607.
Arauzo-Carod, J.M.; Segarra-Blasco, A.; Teruel, M. (2018): “Innovation and Geographical Spillovers: New Approaches and Empirical Evidence”, Regional Studies, 52, 645-658.
García-Quevedo, J.; Segarra-Blasco, A.; Teruel, M. (2018): “Financial constraints and the failure of innovation projects”, Technological Forecasting and Social Change, 127, 127-140.
Teruel, M.; Segarra-Blasco, A. (2017): "The Link between Gender Diversity and Innovation: What is the Role of Firm Size?", International Review of Entrepreneurship, 15(3), 319-340
Martinez, L. B.; Terceño, A.; Teruel, M. (2016): "What drives European sovereign bonds spreads? A comparative benchmark analysis", Análisis Financiero, 130, 6-18.
Segarra, A.; Teruel, M.; Jové, E. (2016): "High-Growth Firms and Innovation in European Countries", Ekonomiaz, 90(2), 197-223.
Segarra, A.; Teruel, M. (2016): “Application and success of R&D subsidies: what is the role of firm age?”, Industry and Innovation, 23(8), 713-733.
2016 – Coad, A.; Segarra, A.; Teruel, M. (2016): “Innovation and firm growth: does firm age play a role?”, Reasearch Policy, 45, 387-400.
Audretsch, D.B.; Segarra, A.; Teruel, M. (2014): "Why not all young firms invest in R&D", Small Business Economics, 43(4), 751-766
Segarra, A.; Teruel, M. (2014): "High-Growth Firms and innovation: an empirical analysis for Spanish firms", Small Business Economics, 43(4), 805-821.
Coad, A.; Teruel, M. (2013): “Inter-firm competition and firm growth: Is there any evidence of direct competition between firms?”, Industrial and Corporate Change, 22(2), 397-425.
Martinez, L. B.; Terceño, A.; Teruel, M. (2013): "Sovereign bond spreads determinants in Latin American countries: Before and during the XXI financial crisis", Emerging Markets Review, 17, 60-75
Coad, A.; Segarra, A.; Teruel, M. (2013): “Like milk or wine: does firm performance improve with age?”, Structural Change and Economic Dynamics, 24, 173-189.
Segarra, A.; Teruel, M. (2012): “An Appraisal of Firm Size Distribution; Does Sample Size Matter?”, Journal of Economic Behaviour & Organization, 82(1), 314-328.
Segarra, A.; Teruel, M. (2011): “Productivity and R&D sources: evidence for Catalan firms”, Economics of Innovation and New Technology, 20(8), 727-748.
Teruel, M. (2010): "Gibrat's law and the learning process", Small Business Economics, 34 (4), 355-373.
Teruel, M. (2010): “Dinàmica Empresarial i Cicle Econòmic”, Papers d’Economia Industrial, 32, 161-176.
Segarra, A.; Teruel, M. (2010): “Firm Entry and Survival in the Spanish Manufacturing and Service Industries”, European Review of Industrial Economics and Policy, 1.
Teruel, M.; Segarra, A. (2009): “Immigration and Firm Performance: a city-level approach”, Investigaciones Regionales, 15, 111-138.
Segarra, A., Garcia, J.; Teruel, M. (2008): “Barriers to innovation and public policy in Catalonia”, International Entrepreneurship and Management Journal, 4(4), 431-451.
Segarra, A.; Teruel, M. (2007): “Creación y Supervivencia de las Nuevas Empresas en las Manufacturas y los Servicios”, Economía Industrial, 363, 46-58.
Segarra, A.; Teruel, M. (2007): “Quina relació existeix entre productivitat i competència? Una aplicació a les empreses industrials de Catalunya”, Nota d’economia, 89, 9-33.
Arauzo, J.M.; Teruel, M. (2005): “An urban approach to firm entry: the effect of urban size”, Growth and Change, 36(4), 508-528.