Patent value and the Tobin's q ratio in media services

被引：16
|
作者：
Harrigan, Kathryn Rudie [1 ]
Di Guardo, Maria Chiara [2 ]
Marku, Elona [2 ]
机构：
[1] Columbia Univ, 701 Uris Hall, New York, NY 10027 USA
[2] Univ Cagliari, Dept Econ & Business, Viale Fra Ignazio 17, I-09125 Cagliari, Italy
来源：
JOURNAL OF TECHNOLOGY TRANSFER | 2018年 / 43卷 / 01期
关键词：
Backward citations; Tobin's q; Radical invention; Patent scores; Innovation; RESEARCH-AND-DEVELOPMENT; MARKET VALUE; ABSORPTIVE-CAPACITY; KNOWLEDGE FLOWS; CORPORATE DIVERSIFICATION; TECHNOLOGICAL-INNOVATION; EMPIRICAL-ANALYSIS; FIRM PERFORMANCE; PANEL-DATA; CITATIONS;
D O I：
10.1007/s10961-017-9564-1
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
Changes in a firm's backward-dispersion patent-citation score are a useful, non-financial indicator of patent value that is positively-related to Tobin's q. V-scores, which analyze content patterns between patents' technological-class codes and those of their antecedents, provide contemporaneous information for investors to assess firms' economic prospects that is more time-sensitive than forward-looking information such as forward citations. V-score analysis offers useful insights about the nature of post-acquisition learning within technologically-tumultuous industries like media-services.
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页码：1 / 19
页数：19
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