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By H. Triebel

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Monetary policies and the economy: The transmission mechanism. Southern Economic Journal, 37, 421–431. , & Bosworth, D. (2002). Innovation and the market value of UK firms, 1989–1995. Oxford Bulletin of Economics and Statistics, 64, 39–61. Tung, A. (2001). Taiwan’s semiconductor industry: What the state did and did not. Review of Development Economics, 5, 266–288. , Tsuji, Y. , & Griffy-Brown, C. (2001). Patent statistics: Deciphering a ‘real’ versus a ‘pseudo’ proxy of innovation. Technovation, 21, 783–790.

Grupp, F. , & Schmoch, U. (1999). Patent statistics in the age of globalization: New legal procedures, new analytical methods, new economic interpretation. Research Policy, 28, 377–396. The Effect of Innovative Activity on Firm Performance 29 Hall, B. (1993). The stock market valuation of R&D investment during the 1980s. American Economic Review, 83, 259–264. Hall, B. (2000). Innovation and market value. In: R. Barrell, G. Mason & M. O’Mahoney (Eds), Productivity, innovation and economic performance (pp.

Ziedonis, R. H. (2001). S. semiconductor industry, 1979–1995. RAND Journal of Economics, 32, 101–128. , Richardson, V. , & Scholz, S. (2001). Value relevance of nonfinancial information: The case of patent data. Review of Quantitative Finance and Accounting, 17, 223–235. , Hoskisson, R. , & Ireland, R. D. (1994). A midrange theory of the interactive effects on innovation and firm performance in product diversified firms. Academy of Management Journal, 40, 767–798. Jaffe, A. B. (1986). Technological opportunity and spillovers of R&D: Evidence from firms’ patents, profits and market value.

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