Patents, investments in R&D, and market value: an analysis by company size

dc.contributor.authorTaques F.H.
dc.contributor.authorBasso L.F.C.
dc.contributor.authorAreal N.
dc.date.accessioned2025-04-01T06:19:38Z
dc.date.available2025-04-01T06:19:38Z
dc.date.issued2025
dc.description.abstractCopyright © 2025 Inderscience Enterprises Ltd.This research aims to understand whether organisational innovation can explain the market value of companies based on indicators of patents published, patents cited, and R&D expenditure. This empirical study performed a sample of 1,342 companies from 1985 to 2016 with fixed-effects and random-effects panel data models and quantile regression for panel data. There was partial support for the evidence that innovation positively affects companies’ market value. This result could differ from the indicator applied in the estimates and methodology used and the company’s size. Regardless of the empirical method, the total variables assets and gross revenue were able to explain the variations in the market value of organisations in most models. However, the coefficients found are different between the sample quantiles suggesting that the company’s size may be relevant.
dc.description.firstpage1
dc.description.issuenumber1
dc.description.lastpage47
dc.description.volume54
dc.identifier.doi10.1504/IJESB.2025.142888
dc.identifier.issnNone
dc.identifier.urihttps://dspace.mackenzie.br/handle/10899/40373
dc.relation.ispartofInternational Journal of Entrepreneurship and Small Business
dc.rightsAcesso Restrito
dc.subject.otherlanguageinnovation
dc.subject.otherlanguagemarket value
dc.subject.otherlanguagepatent
dc.subject.otherlanguageR&D
dc.subject.otherlanguagesize
dc.titlePatents, investments in R&D, and market value: an analysis by company size
dc.typeArtigo
local.scopus.citations0
local.scopus.eid2-s2.0-85216876999
local.scopus.updated2025-04-01
local.scopus.urlhttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85216876999&origin=inward
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