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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 …
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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 …
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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 …
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The article makes an attempt at empirical verification of the Knowledge Capital Earnings (KCETM) method. KCETM is one …
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