农业无形资产评估27020437.pdfVIP

Valuation of Intangible Capital in Agriculture Fred C, White* Abstract This study examines the valuation of research as intangible capital in agriculture using Tobin’s q theory. The market value of public research capital is estimated to be 8.6 times higher than conventional assets. Private research capital is valued 5.2 times higher than conventional assets. The estimated valuation