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answered. -- Intangible capital ; rate of return ; firm-level profitability …
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Can an increasing importance of intangible capital explain increases in markups and profits? I use a heterogeneous firm model to show how intangible capital, characterized by fixed costs and uncertainty, is related to markups and profits at the industry level. The scalability and uncertainty...
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on the effects of the patent stock on profitability. The database is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability …
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