Journal Article

Market value, R&D, and patents

Economics Letters (1981) 7(2) 183-187
DOI: 10.1016/0165-1765(87)90114-5
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Abstract

A significant relationship is found between the market value of the firm and its 'intangible' capital, proxied by past R&D expenditures and the number of patents, based on a time-series cross-section analysis of data for large U.S. firms. © 1981.

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APA

Griliches, Z. (1981). Market value, R&D, and patents. Economics Letters, 7(2), 183–187. https://doi.org/10.1016/0165-1765(87)90114-5

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