Tech Stock Valuation: Investor Psychology and Economic Analysis,New

Tech Stock Valuation: Investor Psychology and Economic Analysis,New

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Tech Stock Valuation extends the R&D literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the text demonstrates that stockprice effects of patent output are most pronounced in the case of highquality 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 R&D program effectiveness. At the same time, it gives investors a new tool to help them assess the value of hardtomeasure intangible assets.The book is an ideal resource for professionals working in finance and accounting; investment professionals and industry analysts who work for companies that engage in research and development; MBA students; economists working in industrial organizations, microeconomics, and contract theory. Provides detailed direct evidence on the market value implications of inventive and innovative output Based on recent research, much of which Dr. Hirschey has pioneered Gives financial professionals a new tool for assessing R&D quality and its relation to market valuation

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We provide a 2-year limited warranty, from the date of purchase for all our products.

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Frequently Asked Questions

  • Q: What is the main focus of the book 'Tech Stock Valuation'? A: The book focuses on the market value implications of inventive and innovative output, particularly how high-quality patents affect stock prices.
  • Q: Who is the author of 'Tech Stock Valuation'? A: The author of 'Tech Stock Valuation' is Mark Hirschey.
  • Q: What is the publication date of this book? A: The book was published on July 1, 2003.
  • Q: What is the page count of 'Tech Stock Valuation'? A: The book contains 271 pages.
  • Q: Is 'Tech Stock Valuation' suitable for students? A: Yes, it is a valuable resource for MBA students and those studying finance, economics, and accounting.
  • Q: What type of binding does the book have? A: The book is available in hardcover binding.
  • Q: What specific audience will benefit from this book? A: Investment professionals, industry analysts, and economists working in industrial organizations will find this book particularly beneficial.
  • Q: Does the book provide evidence on patent quality? A: Yes, it provides detailed evidence on the relationship between patent quality and market valuation.
  • Q: What key tool does the book offer to investors? A: The book offers investors a new tool to assess the value of hard-to-measure intangible assets, specifically related to R&D quality.
  • Q: What is the edition of 'Tech Stock Valuation'? A: The book is published in its first edition.