Modern management theories agree that the effective use of knowledgemanagement (KM) is one of the key determinants in the performance of a businessorganization. KM permits a firm to accurately measure its adaptability andcompetencies and predict its survival in the market place. There are two...

The aim of this paper is to investigate the issue of R&D investment and the market value of the firm. This idea dating back from Arrow paper, later developed by Paul Romer but in the area of economic growth. Zvi Griliches (1979), first introduced the production function, which later would be...