Intangibles and their contribution to productivity: An overview

TY - CHAP

T1 - Intangibles and their contribution to productivity

T2 - An overview

AU - Bloch, Carter

AU - Roth, Felix

AU - van Criekingen, Kristof

AU - Piekkola, Hannu

PY - 2024/2

Y1 - 2024/2

N2 - While initial, narrow conceptualizations of intangibles mainly referred to registerable intellectual property, such as patents and trademarks, intangible assets have been increasingly perceived as much broader, with implications for their measurement and for current thinking on their role in innovation and productivity growth. Questions concerning how intangible assets are measured and how they are related to productivity are closely connected. This chapter provides an overview of recent work on the measurement of intangibles and their contribution to productivity growth. It seeks to review central work within intangibles measurement, which has sought both to broaden the concept of intangible assets and to expand approaches to cover different levels of aggregation, with a growing focus on the micro level. Furthermore, the chapter reviews recent work to estimate the contribution of intangible assets to productivity growth, and how the impact of intangibles has developed over time and across countries and industries.

AB - While initial, narrow conceptualizations of intangibles mainly referred to registerable intellectual property, such as patents and trademarks, intangible assets have been increasingly perceived as much broader, with implications for their measurement and for current thinking on their role in innovation and productivity growth. Questions concerning how intangible assets are measured and how they are related to productivity are closely connected. This chapter provides an overview of recent work on the measurement of intangibles and their contribution to productivity growth. It seeks to review central work within intangibles measurement, which has sought both to broaden the concept of intangible assets and to expand approaches to cover different levels of aggregation, with a growing focus on the micro level. Furthermore, the chapter reviews recent work to estimate the contribution of intangible assets to productivity growth, and how the impact of intangibles has developed over time and across countries and industries.

UR - http://www.scopus.com/inward/record.url?scp=85184540038&partnerID=8YFLogxK

U2 - 10.4324/9781003324225-3

DO - 10.4324/9781003324225-3

M3 - Book chapter

AN - SCOPUS:85184540038

SN - 9781032348674

SN - 9781032348681

SP - 34

EP - 55

BT - Intangible Assets, Productivity and Economic Growth

A2 - Bloch, C.

A2 - Protogerou, A.

A2 - Vonortas, N.S.

PB - Routledge

CY - Abingdon

ER -