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Technological proximity and co-movements of stock returns

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  • Fung, Michael K.

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  • Fung, Michael K., 2003. "Technological proximity and co-movements of stock returns," Economics Letters, Elsevier, vol. 79(1), pages 131-136, April.
    • Handle: RePEc:eee:ecolet:v:79:y:2003:i:1:p:131-136
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    1. Robert S. Pindyck & Julio J. Rotemberg, 1993. "The Comovement of Stock Prices," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(4), pages 1073-1104.
    2. Hall, Bronwyn H., 1999. "Innovation and Market Value," Department of Economics, Working Paper Series qt9f31v1rw, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Jaffe, Adam B, 1988. "Demand and Supply Influences in R&D Intensity and Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 70(3), pages 431-437, August.
    4. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 577-598.
    5. Hall, B.H., 1999. "Innovation and Market Value," Economics Papers 1999-w3, Economics Group, Nuffield College, University of Oxford.
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    Cited by:

    1. Andriosopoulos, Dimitris & Czarnowski, Pawel & Marshall, Andrew, 2023. "Do corporate lawyers matter? Evidence from patents," Journal of Corporate Finance, Elsevier, vol. 83(C).
    2. Fabio Montobbio & E. Bacchiocchi, 2004. "EPO vs. USPTO Citation Lags," KITeS Working Papers 161, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Sep 2004.
    3. H. Simon & N. Sick, 2016. "Technological distance measures: new perspectives on nearby and far away," Scientometrics, Springer;Akadémiai Kiadó, vol. 107(3), pages 1299-1320, June.
    4. Alessandro Marra & Marco Cucculelli & Alfredo Cartone, 2024. "So far, yet so close. Using networks of words to measure proximity and spillovers between firms," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 14(4), pages 973-1000, December.
    5. Zeng, Kailin & Tang, Ting & Liu, Fangbiao & Atta Mills, Ebenezer Fiifi Emire, 2022. "Innovation links, information diffusion, and return predictability: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 83(C).
    6. Michael K. Fung, 2006. "R&D, knowledge spillovers and stock volatility," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(1), pages 107-124, March.
    7. Blazsek, Szabolcs, 2012. "Patents, secret innovations and firm's rate of return : differential effects of the innovation leader," UC3M Working papers. Economics we1202, Universidad Carlos III de Madrid. Departamento de Economía.

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