Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10003958080
Persistent link: https://www.econbiz.de/10009375752
Persistent link: https://www.econbiz.de/10009696012
This paper documents that underpriced firms substitute R&D spending with share buybacks to the detriment of innovation. To identify underpriced firms, I introduce a novel measure of non-fundamental price pressure induced by indirect exposure to industry-level shocks. This measure addresses...
Persistent link: https://www.econbiz.de/10010338774
Persistent link: https://www.econbiz.de/10001766462
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work...
Persistent link: https://www.econbiz.de/10013119675
This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services and exits. The survey considers recent work...
Persistent link: https://www.econbiz.de/10013067246
Orphan Drug (OD) legislation has been implemented with regulatory and financial incentives to encourage drug innovation in order to treat rare diseases. This study aims to test whether OD Designations (ODD) granted by the Food and Drug Administration (FDA) to pharmaceutical and biotechnology...
Persistent link: https://www.econbiz.de/10012943198
Persistent link: https://www.econbiz.de/10012703821
Persistent link: https://www.econbiz.de/10012660864