CRIM 103 Lecture : Crim 103 lecture 1.docx

1) Define “intellectual capital” and describe why it is important to an enterprise.

2) What decision criteria are most important for making investments in Intellectual Property formation?

3) How has the influence of intellectual capital on enterprise value changed during the past four decades?

Compare the assumptions underlying Arbitrage Pricing Theory with those underlying the mean-variance Capital Asset Pricing Model. Which set of assumptions seems more realistic to you? Why?

What are the major assumptions or arguments made by gene-basedevolutionary theories (for example, one such assumption is thattraits are genetically influenced)?