Carregant...
Fitxers
Tipus de document
ArticleVersió
Versió publicadaData de publicació
Llicència de publicació
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/177614
Intangible Assets and Labor Productivity Growth
Títol de la revista
Director/Tutor
ISSN de la revista
Títol del volum
Recurs relacionat
Resum
We examine the contribution to labor productivity growth in the manufacturing sector of investment in different intangible asset categories¿computerized information, innovative property, and economic competencies¿for a set of 18 European countries between 1995 and 2017, as well as whether this contribution varies between different groups of countries. The motivation is to go a step further and identify which single or combination of intangible assets are relevant. The main findings can be summarized as follows. Firstly, all the three different categories of intangible assets contribute to labor productivity growth. In particular, intangible assets related to economic competences together with innovative property assets have been identified as the main drivers; specifically, advertising and marketing, organizational capital, research and development (R&D) investment, and design. Secondly, splitting the sample of European Union (EU) member states into three groups¿northern, central and southern Europe¿allows for the identification of a significant differentiated behavior between and within groups, in terms of the effects of investment in intangible assets on labor productivity growth. We conclude that measures promoting investment in intangibles at EU level should be accompanied by specific measures focusing on each country's needs, for the purpose of promoting labor productivity growth. The obtained evidence suggests that the solution for the innovation deficit of some European economies consist not only of raising R&D expenditure, but also exploiting complementarities between different types of assets.
Matèries
Matèries (anglès)
Citació
Citació
HINTZMANN COLOMINAS, Carolina, LLADÓS MASLLORENS, Josep, RAMOS LOBO, Raúl. Intangible Assets and Labor Productivity Growth. _Economies_. 2021. Vol. 9, núm. 2, pàgs. 82. [consulta: 23 de gener de 2026]. ISSN: 2227-7099. [Disponible a: https://hdl.handle.net/2445/177614]