
Intellectual Property Rights and the Financing of Technological Innovation
Public Policy and the Efficiency of Capital Markets
Carl Benedikt Frey(Author)
Edward Elgar Publishing
Published on 28. June 2013
Book
Hardback
304 pages
978-1-78254-589-7 (ISBN)
Description
Following the transition of industrial nations to knowledge economies, the financing of technological innovation has become a central issue in public policy, corporate finance and business management. This detailed book examines the role of intellectual property rights in facilitating the financing of technological innovation as well as the role of policy makers, investors and managers in this process. The book's central finding is that public policy plays a key role in promoting the corporate disclosure of intellectual property-related information to enhance the efficiency of capital markets. This not only reduces the costs of capital for technology-driven firms but ultimately spurs innovation and economic growth.Intellectual Property Rights and the Financing of Technological Innovation will strongly appeal to research students and academics, policy makers, intellectual property professionals, equity analysts, credit rating analysts and executives in the pharmaceutical industry.
Contents:
1. Introduction
2. The Intangible Economy
3. Patent Information and Corporate Credit Ratings: An Empirical Study of Patent Valuation by Credit Rating Agencies
4. IPR Management and Company Valuation in the Pharmaceutical Industry: An Exploratory Study
5. IPR Management, Corporate Disclosures, and Stock Market Valuations in the Pharmaceutical Industry
6. Towards Forward-looking Financial Reporting
Bibliography
Index
Contents:
1. Introduction
2. The Intangible Economy
3. Patent Information and Corporate Credit Ratings: An Empirical Study of Patent Valuation by Credit Rating Agencies
4. IPR Management and Company Valuation in the Pharmaceutical Industry: An Exploratory Study
5. IPR Management, Corporate Disclosures, and Stock Market Valuations in the Pharmaceutical Industry
6. Towards Forward-looking Financial Reporting
Bibliography
Index
Reviews / Votes
'A major contribution to the literature on the role of intellectual property right (IPR) for the financing of innovation. The book is extensively researched and provides compelling insights for IPR managers, technology investors and policymakers trying to promote the efficiency of capital markets and national systems of innovation.' -- Knut Blind, Berlin University of Technology, GermanyMore details
Series
Language
English
Place of publication
Cheltenham
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
ISBN-13
978-1-78254-589-7 (9781782545897)
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Schweitzer Classification
Person
Carl Benedikt Frey, Research Fellow, Oxford Martin Programme on the Impacts of Future Technology, University of Oxford, UK
Content
Contents: 1. Introduction 2. The Intangible Economy 3. Patent Information and Corporate Credit Ratings: An Empirical Study of Patent Valuation by Credit Rating Agencies 4. IPR Management and Company Valuation in the Pharmaceutical Industry: An Exploratory Study 5. IPR Management, Corporate Disclosures, and Stock Market Valuations in the Pharmaceutical Industry 6. Towards Forward-looking Financial Reporting Bibliography Index