Haneda, Shoko; Odagiri, Hiroyuki - In: Economics of Innovation and New Technology 7 (1998) 4, pp. 303-321
This paper investigates the extent that technological assets contribute to the value of the firm, using the sample of 90 Japanese firms in pharmaceutical, chemical, and electrical equipment industries. We use the firm's R&D expenditures and the number of patents (in stock) as the measures of its...