Why and How the Value of Science-Based Firms Violates Financial Theory: Implications for Policy and Governance
How and why the positive net effect of science related activities substantially increases the value that would be anticipated by the financial theory that seems to work so well for other fields is considered here. A qualitative analysis of 25 small listed biotechnology R&D firms illustrates tha...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
National Research University Higher School of Economics
2017-03-01
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| Series: | Foresight and STI Governance |
| Subjects: | |
| Online Access: | https://foresight-journal.hse.ru/article/view/19341 |
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