This study develops procedures for selecting and partitioning samples of high-technology
firms for North American Industry Classification System (NAICS), Global Industry …

Consumer buzz in the form of user-generated reviews, recommendations, and blogs signals
that consumer attitude and advocacy can influence firm value. Web traffic also affects brand …

This paper uses Data Envelopment Analysis (DEA), a non-parametric approach to the
estimation of production functions, in order to assess efficiency in dot com firms. These firms …

Two explanations are commonly offered for the large number of recent IPOs by Internet
firms. The first argues that Internet firms are trying to grab market share in an industry with …

We empirically investigate valuations of Internet firms at various stages of the initial public
offering (IPO) from two perspectives. First, we examine the association between the …

We show that network advantages constitute an important intangible asset that goes
unrecognized in the financial statements. For a sample of e–commerce firms, we find that …

This study examines the relevance of financial and non-financial information for the
valuation of venture capital (VC) investments. Based on a hand-collected data set on …

We present four stylized facts about the Dot Com Era:(1) there was a widespread belief in a
Get Big Fast business strategy,(2) the increase and decrease in public and private equity …

The objective of this study is to provide evidence on how technological innovation conditions
underlying the firm's investments drive earnings growth and, hence, market value of equity …

This paper provides an analysis of some existing as well as new evidence of the relation
between market prices and fundamentals in the Internet sector over the period January 1998 …