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briefly presented. Then the empirical literature that relates Tobin's q or the market to book value ratio to R&D and patent … value of the modern manufacturing corporation is strongly related to its knowledge assets, and that patent measures contain …
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We develop a forward‐looking profit model to estimate the depreciation rates of business R&D capital. By using data from BEA and NSF between 1987 and 2007, and the newly developed model, we estimate both constant and time‐varying industry‐specific R&D depreciation rates. The results...
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We develop a forward-looking profit model to estimate the depreciation rates of business R&D capital. By using data from BEA and NSF between 1987 and 2007, and the newly developed model, we estimate both constant and time-varying industry-specific R&D depreciation rates. The results comprise a...
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positively and significantly associated with R&D and patent stocks. In contrast to results for the U.S., forward citations do not … citations and the number of technical fields covered by the patent is informative for value. Software patents account for a …
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