Czarnitzki, Dirk; Hussinger, Katrin; Leten, Bart - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
There is a growing literature that aims at assessing the private value of knowledge assets and patents. It has been shown that patents and their quality as measured by citations received by future patents contribute significantly to the market value of firms beyond their R&D stocks. This paper...