Innovation cannot be regarded purely as an internal activity, as external cooperation also provides access to complementary resources and knowledge. This study argues that a firm needs to strengthen its innovation capabilities through internal development supplemented by external cooperation,...

This paper examines the extent to which the rise in U.S. market-to-book ratios over the period 1980-2000 is due to expenditures on R&D becoming more profitable versus simply becoming more prevalent. More profitable R&D increases the numerator of the market-to-book ratio, while the biased nature...

This paper discusses how cost affects Management Control System (MCS) choices and effectiveness in creative contexts from a cost and benefit of information approach. We used Tessier and Otley’s (2012) conceptual development of Simons Levers’ control framework to propose an overhead cost...

Firms enjoy a wide degree of discretion in their disclosure of events in the patent granting process, which investors generally view as "good news" announcements. This study examines the timing of patent disclosure in conjunction with earnings announcements in light of managers' incentives to...

Conventional economic analysis assumes that Central Counterparties (CCPs) may help to reduce systemic risk and avoid future financial crises by mandating the central clearing of over-the-counter (OTC) derivatives. This view largely goes unchallenged by governments, regulators, practitioners, and...

Researchers have used patent counts, citation weighted patent counts, as well as research and development spending to measure innovation with, at times, conflicting results. We benchmark the validity of these innovation proxies using a novel data set of appraised tangible and intangible assets....

In search of a unifying measurement feature on which to base a more systematic and potentially comprehensive analysis of intangibles, this paper first analyses the economic and accounting properties of intangibles, and second, empirically evaluates managerial practices for measuring and...

The duration and magnitude of the private economic benefits obtained from firm-level R&D outlays are important to managers, investors and policy-makers. We present a modeling and estimation approach that facilitates reliable estimation of these benefits under mild a priori assumptions. Our...

Exact costing of productions and providing suitable and reliable information or reports for economic decision-making process are the main consideration in management accounting, meanwhile firms technological change causes the management accounting to change which we have tested the effects of...

The U.S.A. has been employing using all tactics to amend the Indian Patent Act and imposing techno-trade sanctions through special/super 301 Provisions of the 1988 Omnibus Trade and Competitiveness Act and exerting influence with U.S.-related international organisations like GATT/WTO, IMF to...