This paper examines how stock prices are affected by research and development activities for Danish firms for the period, 1989 to 2002. Both through analysis of portfolios and regression analysis, the role of R&D assets is considered along with a number of other fundamental factors, such as size, the book to market ratio, leverage and the CAPM beta. There is at best a weak indication that R&D i...

This paper offers an empirical study of the role of technology in an organisational change and learning process. My focus is on the learning that occurred as the workers decided how to integrate the technology in question (a digital patient record system) into a department’s work practices. In particular I examine how the characteristics of the technology contributed to shaping and organising t...