By Cheng Few Lee

"Advances in Quantitative research of Finance and Accounting, New sequence" (AQAFANS) is a continuation (with new positive aspects) of the equally titled ebook sequence that was once formerly released by means of JAI Press from 1991. AQAFANS is an annual ebook designed to disseminate advancements within the quantitative research of finance and accounting. it's a discussion board for statistical and quantitative analyses of concerns in finance and accounting, in addition to functions of quantitative how you can difficulties in monetary administration, monetary accounting and enterprise administration. the target is to advertise interplay among educational examine in finance and accounting, utilized study within the monetary neighborhood, and the accounting career.

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The empirical findings from this study conclude that the intensity of knowledge spillovers and market values are positively related. Among the three components of knowledge spillovers, the results also suggest that intraindustry spillovers have the strongest impact on market-to-book ratios. This study demonstrates possible ways to make the concept of knowledge spillovers operational in measuring R&D capital. Knowledge spillovers are tremendously important to high-tech firms operating in a dynamic, fastchanging market environment.

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