Intangibles and their contribution to productivity: An overview

Carter Bloch, Felix Roth, Kristof van Criekingen, Hannu Piekkola

Research output: Contribution to book/anthology/report/proceedingBook chapterResearchpeer-review

Abstract

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.

Original languageEnglish
Title of host publicationIntangible Assets, Productivity and Economic Growth : Micro, Meso and Macro Perspectives
EditorsC. Bloch, A. Protogerou, N.S. Vonortas
Number of pages22
Place of publicationAbingdon
PublisherRoutledge
Publication dateFeb 2024
Pages34-55
Chapter3
ISBN (Print)9781032348674, 9781032348681
ISBN (Electronic)9781003324225
DOIs
Publication statusPublished - Feb 2024

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