Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock …. It turns out that innovative firms, i.e. those with a reasonable knowledge stock, have a better credit rating and thus …

Firms can use different sources of external knowledge for developing and implementing innovations. Some knowledge is … provided deliberately by the source and constitutes intended knowledge spillovers, e.g., knowledge disclosed in publications or … patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring …

Most of the empirical literature on the relationship between firm value and knowledge capital is based on the stock … market valuation. We use a credit rating score as an alternative measure. Innovative firms with a reasonable knowledge stock …

Firms can use different sources of external knowledge for developing and implementing innovations. Some knowledge is … provided deliberately by the source and constitutes intended knowledge spillovers, e.g., knowledge disclosed in publications or … patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring …

Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock …. It turns out that innovative firms, i.e. those with a reasonable knowledge stock, have a better credit rating and thus …

or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …