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Patents, R&D, and the Stock Market Rate of Return: A Summary of Some Empirical Results

In: R&D, Patents, and Productivity

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  • Ariel Pakes

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  • Ariel Pakes, 1984. "Patents, R&D, and the Stock Market Rate of Return: A Summary of Some Empirical Results," NBER Chapters, in: R&D, Patents, and Productivity, pages 253-260, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:10053
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    References listed on IDEAS

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    1. Lucas, Robert E, Jr & Prescott, Edward C, 1971. "Investment Under Uncertainty," Econometrica, Econometric Society, vol. 39(5), pages 659-681, September.
    2. Ariel Pakes, 1981. "Patents, R and D, and the Stock Market Rate of Return," NBER Working Papers 0786, National Bureau of Economic Research, Inc.
    3. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    4. Von Hippel, Eric, 1982. "Appropriability of innovation benefit as a predictor of the source of innovation," Research Policy, Elsevier, vol. 11(2), pages 95-115, April.
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    Cited by:

    1. Lakshmi K. Raut, 2005. "Firm's R & D Behavior Under Rational Expectations," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 40(2), pages 127-144, December.
    2. Choi, Mincheol & Lee, Chang-Yang, 2021. "Technological diversification and R&D productivity: The moderating effects of knowledge spillovers and core-technology competence," Technovation, Elsevier, vol. 104(C).

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