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the economic effects of this decentralization policy on the level of innovation and its spatial distribution in the … during the past eight years. These measures of innovation, together with data documenting the decentralization of university …, suggesting that the decentralization has affected regional development through local innovation and increased creativity. We also …
Persistent link: https://www.econbiz.de/10005645000
In this paper, we study how R&D investment affect financial analyst’s earnings forecasts and how intellectual capital endowments moderate this effect. We argue that high information asymmetry and uncertainty associated with R&D investment increase a financial analysts’ earnings forecast...
Persistent link: https://www.econbiz.de/10011152368