Business environments dominated by information flows and autonomous tasks, typical of knowledge-intensive industries … gains from relatively high levels of trust in knowledge-rich environments are estimated to be sizeable and our estimates …

We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …

Recent research on financial market valuation of the knowledge assets of publicly traded firms is surveyed. The … motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is … value of the modern manufacturing corporation is strongly related to its knowledge assets, and that patent measures contain …

This paper studies the links between productivity, innovation and research at th level. We introduce three new features …: (i) A structural model that explains pro by innovation output, and innovation output by research investment; (ii) New dat … the available data: only a small proportion of firms engage in resea apply for patents; productivity, innovation and …