Improving economic welfare requires that society’s scarce savings be allocated among proposed real investment projects in a way that appreciates the prospects of promising new innovations. Corporate and securities law help structure important elements of this process of allocation. This article sketches out an approach based upon a seemingly paradoxical analogy of a market economy’s overall finance process to the way a hierarchical organization gathers and processes relevant bits of information dispersed among many individuals in order to make decisions. It thereby takes advantage of important thinking in communications and organizational theory about how to make organizations sensitive to the potentialities of new information and ideas. Th...
My dissertation is composed of two papers on R&D investment, and another paper on the cross section ...
There is a need for both traditional and online lenders to appreciate the intellectual property asse...
Our federal and state securities laws are centered around two vital requirements for economic growth...
Improving economic welfare requires that society’s scarce savings be allocated among proposed real i...
This is a review essay based on an important recent book, The Entrepreneurial State: Debunking Publi...
In most countries large business enterprises today are organized as corporations. The corporation wi...
Financial regulations often encourage or require market participants to hold particular types of fin...
This thesis consists of four essays in the field of corporate finance. Chapter 2 studies whether a f...
A company’s pro-innovation needs are often met by the exploitation of its resources, widely defined....
This dissertation studies the complex interrelationship between finance and corporate innovation pol...
We hypothesize that established firms with innovative projects and technologies will make relatively...
This article challenges the idea that the corporation is a globally superior form of business organi...
This Article examines three separate aspects of the relationships between corporations and their sec...
This Article advocates regulatory reforms designed to carve a new path to equity capital and share l...
There has been an explosion of innovation backed by venture capital since late 1970’s. Nonetheless, ...
My dissertation is composed of two papers on R&D investment, and another paper on the cross section ...
There is a need for both traditional and online lenders to appreciate the intellectual property asse...
Our federal and state securities laws are centered around two vital requirements for economic growth...
Improving economic welfare requires that society’s scarce savings be allocated among proposed real i...
This is a review essay based on an important recent book, The Entrepreneurial State: Debunking Publi...
In most countries large business enterprises today are organized as corporations. The corporation wi...
Financial regulations often encourage or require market participants to hold particular types of fin...
This thesis consists of four essays in the field of corporate finance. Chapter 2 studies whether a f...
A company’s pro-innovation needs are often met by the exploitation of its resources, widely defined....
This dissertation studies the complex interrelationship between finance and corporate innovation pol...
We hypothesize that established firms with innovative projects and technologies will make relatively...
This article challenges the idea that the corporation is a globally superior form of business organi...
This Article examines three separate aspects of the relationships between corporations and their sec...
This Article advocates regulatory reforms designed to carve a new path to equity capital and share l...
There has been an explosion of innovation backed by venture capital since late 1970’s. Nonetheless, ...
My dissertation is composed of two papers on R&D investment, and another paper on the cross section ...
There is a need for both traditional and online lenders to appreciate the intellectual property asse...
Our federal and state securities laws are centered around two vital requirements for economic growth...