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competitive advantage by learning from others -- through knowledge spillovers. This research hypothesizes that firms headquartered … near a knowledge center, as defined by Carnegie Classifications' 196 leading research universities in the United States …, innovate more and experience higher stock volatility. We argue that knowledge spillovers foster firms' innovative ability in an …
Persistent link: https://www.econbiz.de/10012975383
Persistent link: https://www.econbiz.de/10003368860
This paper studies whether knowledge protection affects shareholder value and firms' investment in knowledge assets … changes in the level of knowledge protection. We find positive (negative) abnormal stock returns around the IDD adoption … knowledge assets. Moreover, the effects on stock returns and knowledge assets investment are stronger in more knowledge …
Persistent link: https://www.econbiz.de/10012970102
Persistent link: https://www.econbiz.de/10011930416
This paper studies whether knowledge protection affects shareholder value and firms' investment in knowledge assets … changes in the level of knowledge protection. We find positive (negative) abnormal stock returns around the IDD adoption … knowledge assets. Moreover, the effects on stock returns and knowledge assets investment are stronger in more knowledge …
Persistent link: https://www.econbiz.de/10011708230
Persistent link: https://www.econbiz.de/10002141188
beliefs, knowledge and trading strategies. This paper studies the interactions between heterogeneous traders and their impacts … satisfied, the market can aggregate the information to form “good knowledge” about the price. If investors have high risk …
Persistent link: https://www.econbiz.de/10012591578
Persistent link: https://www.econbiz.de/10009751047
The article makes an attempt at empirical verification of the Knowledge Capital Earnings (KCETM) method. KCETM is one …
Persistent link: https://www.econbiz.de/10013047303
the bounded rationality of investors due to the lack of financial knowledge. The study analyzes the behavior of micro …
Persistent link: https://www.econbiz.de/10013449135