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There has been no previous research on the link between license market and stock market. Are the two markets integrated or coupled such that the valuation of the same portfolio of intangible assets is consistent cross market? This study tries to fill the research gap. Based on the data of...
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motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is … 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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