| _version_ | 1866901492148994048 |
|---|---|
| author | Laanait, Lahoussine |
| author_facet | Laanait, Lahoussine |
| contents | <p>This report investigates the “Mediation Mechanism” in technology-intensive sectors,<br>where the link between human capital and Operating Profit (EBIT) is mediated<br>by Research and Development (R&D). We argue that the modern tech firm operates<br>on a dual-logic: a Short-Cycle characterized by labor cost absorption and a Long-<br>Cycle characterized by an explosion in innovation-driven value. Using Maximum<br>Likelihood Estimation (MLE) and Clustered Bootstrap protocols, we quantify the<br>“Intelligence Rent” that maintains a stable premium over industrial baselines.</p> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_18355612 |
| institution | Zenodo |
| language | |
| publishDate | 2026 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | The Dual-Cycle Model: Labor, R&D, and Profit in the Intangible Economy Laanait, Lahoussine Intangible Economy, R&D Mediation, Dual-Cycle Model, Maximum Likelihood Estimation, Bimodal Distribution, Intelligence Rent. <p>This report investigates the “Mediation Mechanism” in technology-intensive sectors,<br>where the link between human capital and Operating Profit (EBIT) is mediated<br>by Research and Development (R&D). We argue that the modern tech firm operates<br>on a dual-logic: a Short-Cycle characterized by labor cost absorption and a Long-<br>Cycle characterized by an explosion in innovation-driven value. Using Maximum<br>Likelihood Estimation (MLE) and Clustered Bootstrap protocols, we quantify the<br>“Intelligence Rent” that maintains a stable premium over industrial baselines.</p> |
| title | The Dual-Cycle Model: Labor, R&D, and Profit in the Intangible Economy |
| topic | Intangible Economy, R&D Mediation, Dual-Cycle Model, Maximum Likelihood Estimation, Bimodal Distribution, Intelligence Rent. |
| url | https://doi.org/10.5281/zenodo.18355612 |