[E-BOOK] Tech Stock Valuation: Investor Psychology and Economic Analysis






#4322457 in eBooks 2003-09-18 2003-09-18File Name: B001E0QYAK

"The impact of the highly variable capital market conditions--such as we saw during the late 1960s, the mid 1980s, and the late 1990s--on the evolution of high-technology industries remains little understood, but is critically important to the future growth of the U.S. economy. Tech Stock ValuatioTech Stock Valuation extends the RD literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the text demonstrates that stock-price effects of patent output are most pronounced in the case of high-quality patents, where patent quality is measured by scientific merit. Scientific measures of patent quality give students a valuable new tool that can be used to measure RD program effectiveness. At the same time, it gives inv...


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You easily download any file type for your device.Tech Stock Valuation: Investor Psychology and Economic Analysis   |  Mark Hirschey. Which are the reasons I like to read books. Great story by a great author.

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