TY - JOUR AU - Pindado García, Julio AU - Queiroz, Valdoceu de AU - De la Torre, Chabela PY - 2010 SN - 0046-3892 UR - http://hdl.handle.net/10366/149748 AB - [EN] This paper focuses on how a firm’s characteristics affect the market valuation of its research anddevelopment (R&D) spending. We derive a valuation model based on the capital market arbitragecondition. Using the generalized method of moments and... LA - eng PB - Wiley Online Library KW - Research and development KW - Andmarket share KW - Firm growth KW - Financial system TI - How Do Firm Characteristics Influence the Relationship between R&D and Firm Value? DO - 10.1111/j.1755-053X.2010.01091.x T2 - Financial Management VL - 39 M2 - 757 ER -