English, Article edition: R&D innovation and the value of cash in the biotech industry Xu, Bixia

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/32376
Physical Description
  • article
Language
  • English

Edition details

Title
  • R&​D innovation and the value of cash in the biotech industry
Author
  • Xu, Bixia
Physical Description
  • article
Notes
  • This study investigates how the market pricing of an additional dollar of cash held by biotech firms is conditional upon the industry's typical performance, R&​D innovation. Under the proposed R&​D innovation regime, I find i) an additional dollar of cash is priced higher if held by a firm with higher R&​D innovation; ii) the role of R&​D innovation is asymmetric depending on whether R&​D activities move the drug discovery and development forward or backward; and iii) R&​D innovation also differentiates the association between investment opportunities and value of cash observed by prior studies.
  • Cash reserves R&​ D innovation Market pricing of cash reserves Investment opportunities
  • RePEc:eee:jbrese:v:62:y:2009:i:7:p:750-755
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment