1. Refereed Journal // 2010

    Which firms buy licenses? Market positions and license expenditures

    This paper presents the empirical results of a comparison of technology licensing expenditures of German companies in order to test implications of the Gilbert and Newbery (1982) model. Aside from standard…

  2. Non-Refereed Journal // 2010

    Options, futures, and other derivatives in Russia: an overview

    This article provides a descriptive overview of the Russian market for financial derivatives. According to available figures, the Russian market for financial derivatives has been subject to enormous growth ever…