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The Hurdle-Rate Effect on Patents : Equity Risk Premium and Corporate Innovation by Public Firms in the U.S., 1977-2018
Audretsch, David B.; Drobetz, Wolfgang; Ernst, Eva Elena; … - 2023
We document high economy-wide correlations between the Equity Risk Premium (ERP) and the aggregate volume (rho=-0.69) and value (rho=-0.75) of patenting activity by public firms in the United States over the 1977-2018 period, contradicting Schumpeter's (1939) opportunity-costs hypothesis of...
Persistent link: https://www.econbiz.de/10014354926
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Asymmetric information, agency costs and innovative entry
Audretsch, David B. - 1994
Persistent link: https://www.econbiz.de/10000892460
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The knowledge production function and R&D spillovers
Audretsch, David B.; Mahmood, Talat - 1994
Persistent link: https://www.econbiz.de/10000892477
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How localized are networks in biotechnology?
Audretsch, David B.; Stephan, Paula E. - 1994
Persistent link: https://www.econbiz.de/10000892549
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R&D spillovers and innovative activity
Acs, Zoltán J. - 1992
Persistent link: https://www.econbiz.de/10000864643
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Sub-optimal scale plants and compensating factor differentials in US and Japanese manufacturing
Audretsch, David B.; Yamawaki, Hideki - 1991
Persistent link: https://www.econbiz.de/10000835453
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Has the role of small firms changed in the United States?
Acs, Zoltán J.; Audretsch, David B. - 1991
Persistent link: https://www.econbiz.de/10000821751
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Entrepreneurship in US Manufacturing
Audretsch, David B.; Acs, Zoltán J. - 1991
Persistent link: https://www.econbiz.de/10000821756
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Real effects of academic research : some evidence from West Germany
Acs, Zoltán J.; Audretsch, David B.; Feldman, Maryann P. - 1991
Persistent link: https://www.econbiz.de/10000821758
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Die Überlebenschancen neugegründeter Unternehmen und das technologische System
Audretsch, David B. - 1991
Persistent link: https://www.econbiz.de/10000823676