bokomslag Tech Stock Valuation
Samhälle & debatt

Tech Stock Valuation

Mark Hirschey

Inbunden

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  • 271 sidor
  • 2003

Tech Stock Valuation extends the R&D literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the text demonstrates that stock-price effects of patent output are most pronounced in the case of high-quality patents, where patent quality is measured by scientific merit.

Scientific measures of patent quality give students a valuable new tool that can be used to measure R&D program effectiveness. At the same time, it gives investors a new tool to help them assess the value of hard-to-measure intangible assets.

The book is an ideal resource for professionals working in finance and accounting; investment professionals and industry analysts who work for companies that engage in research and development; MBA students; economists working in industrial organizations, microeconomics, and contract theory.




  • Provides detailed direct evidence on the market value implications of inventive and innovative output
  • Based on recent research, much of which Dr. Hirschey has pioneered
  • Gives financial professionals a new tool for assessing R&D quality and its relation to market valuation
  • Författare: Mark Hirschey
  • Format: Inbunden
  • ISBN: 9780123497048
  • Språk: Engelska
  • Antal sidor: 271
  • Utgivningsdatum: 2003-09-01
  • Förlag: Academic Press