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Federal subsidy data, topic-specific patents and publications, as well as the overall patent and publication activity. The … aim was to find out which determinants play a role in the location of bioeconomy patents at the municipality level and to …, biotechnology, and biomaterials, subfields were built through a keyword-driven approach to capture the bioeconomy. We conducted a …
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This paper analyzes stock returns for biotechnology firms after initial public offering (IPO) and explores the effect … average abnormal returns (CAARs) of 1.97% in the first 25 days post-IPO and a decline of tens of percentage points over the … yield negative CAARs immediately following the IPO; however, this negative CAAR becomes significant only from day 50 onward …
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