The first essay examines the relationship between publicly and privately traded commercial real estate and macroeconomic risk. To represent publicly traded real estate, I use exchange listed US Real Estate Investment Trusts (REITs), and to proxy for direct and privately traded real estate, I use...

New firms are a driving force of innovation and creative destruction, promoting social mobility and welfare creation. These result from the effort of entrepreneurial individuals who identify an opportunity, evaluate it, and create new organizations to exploit its business potential....

In recent years, the concept of 'strategic research' has played a prominent role in Danish public research policy. This thesis investigates how strategic research develops in a pharmaceutical company. Politicians and policy makers have tended to see science-industry collaboration as the main...

Licensing contracts represent one of the most widely used mechanisms to exchange technologies and transfer know-how between firms. Due to the opportunities that licensing creates for firms operating on both sides of the markets for technology, it has increasingly become an integral part of...