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The contribution of research and development to a company's market value has grown considerably in recent years. In the mid-1970s, accountants were able to capture on their ledgers 90-95% of a firm's book value, but by 2000 the importance of intangible assets had grown to the point where they could account for only 13-15%. Financial economists and accountants have investigated the link between a firm's market value and its R&D spending, and various factions advocate a variety of positions on the amount and rate of investment, investors' ability to capture returns on that investment, and ways

Investments --- Corporations --- High technology industries --- Psychological aspects. --- Valuation.

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This book is a short history of the Chinese crackdown on the country's large technology firms that began in 2020. It discusses the political and economic context, and outlines the limitations on the power of the state. As the policies of 'common prosperity' continue to develop, this book will be an invaluable reference for economists studying either China, the internet and big tech, or both.

International relations. Foreign policy --- Economics --- internationale economische organisaties --- internationale economische politiek --- internationale politiek --- Asia --- High technology industries. --- High technology industries --- Industrial policy.