The information content of royalty income

Accounting Horizons

Volumn 18, Issue 1, 2004, Pages 1-12

  Gu, Feng ^a   Lev, Baruch ^b  

^a BOSTON UNIVERSITY   (United States)

^b NEW YORK UNIVERSITY   (United States)

Author keywords

Disclosure; Intangibles; Patent licensing; Royalty income

Indexed keywords

EID: 11144315079     PISSN: 08887993     EISSN: 15587975     Source Type: Journal    
DOI: 10.2308/acch.2004.18.1.1     Document Type: Article

References (22)

1. Arora, A., A. Fosfuri, and A. Gambardella. 2000. Markets for technology and corporate strategy. Working paper, Carnegie Mellon University, Pittsburgh, PA.
2. Biddle, G., G. Seow, and A. Siegel. 1995. Relative versus incremental information content. Contemporary Accounting Research 12: 1-23.
3. Cameron, G. 1998. Innovation and growth: A survey of the empirical evidence. Working paper, Nuffield College, Oxford, U.K.
4. Financial Accounting Standards Board (FASB). 1985. Characteristics of Assets. Statement of Financial Accounting Concepts No. 6. Stamford, CT: FASB.
5. Financial Accounting Standards Board (FASB). 2001. Improving Business Reporting: Insights into Enhancing Voluntary Disclosures. Steering Committee Report, Business Reporting Research Project. Stamford, CT: FASB.
6. Financial Accounting Standards Board (FASB). 2002. News Release: Disclosure about Intangibles. Stamford, CT: FASB.
7. Hall, B. 1996. The private and social returns to research and development. In Technology, R&D, and the Economy, edited by B. Smith, and C. Barfield, 140-183. Brookings Institution and the American Enterprise Institute. Washington, D.C.: Brookings Institution Press.
8. Hand, J., and B. Lev. 2003. Intangible Assets: Values, Measures, and Risks. Oxford, U.K.: Oxford University Press.
9. Kothari, S., T. Laguerre, and A. Leone. 2002. Capitalization versus expensing: Evidence on the uncertainty of future earnings from capital expenditures versus R&D outlays. Review of Accounting Studies 7: 355-382.
10. Lev, B., and T. Sougiannis. 1996. The capitalization, amortization, and value-relevance of R&D. Journal of Accounting and Economics 21: 107-138.
11. Lev, B., and T. Sougiannis. 2001. Intangibles: Management, Measurement, and Reporting. Washington, D.C.: Brookings Institution Press.
12. Linden, G., and D. Somaya. 1999. System-on-a-chip integration in the semiconductor industry: Industry structure and firm strategies. Working paper, University of California, Berkeley.
13. Nadiri, I. 1993. Innovations and technology spillovers. Working paper No. 4423. Cambridge, MA: National Bureau of Economic Research.
14. Nakamura, L. 2003. A trillion dollars a year in intangible investment and the new economy. In Intangible Assets: Values, Measures, and Risks, edited by J. Hand, and B. Lev. Oxford, U.K.: Oxford University Press.
15. Rivette, K., and D. Kline. 2000a. Rembrandts in the Attic: Unlocking the Hidden Value of Patents. Boston, MA: Harvard Business School Press.
16. Rivette, K., and D. Kline. 2000b. Discovering new value in intellectual property. Harvard Business Review 78: 55-66.
17. Schuetze, W. 1993. What is an asset? Accounting Horizons 7: 66-70.
18. Securities and Exchange Commission (SEC). 2001. Strengthening Financial Markets: Do Investors Have the Information They Need? A Report by the SEC Special Task Force. May. Washington, D.C.: Government Printing Office.
19. U.S. Patent and Trademark Office (USPTO). 2002. U.S. Patent Statistics Report. March. Washington, D.C.: Government Printing Office.
20. Wall Street Journal. 2000. Competitive drive: Palm puts up its fists as Microsoft attacks hand-held PC market. (August 8): A1.
21. Wall Street Journal. 2001. IBM will license LSI chip design to help boost industry standard. Interactive Edition (January 22).
22. Wall Street Journal. 2002. IBM plans to expand earnings reports to include more details about its income. (February 19): A3.