This paper investigates the role of intangible assets as factors influencing participation in global value chains (GVC). We distinguish between different forms of participation in GVC entailing a different degree of capability to generate value added domestically and we examine how different intangibles affect countries’ engagement in GVC and the reaping of benefits from such participation. The data cover 11 European countries in manufacturing and services over the period 1995- 2011. We find that investing in intangible assets favours participation in GVC and contributes to value appropriation along the chain. Moreover, different intangible assets contribute differently to forward and backward participation.

Intangible Assets and Participation in Global Value Chains: An Analysis on a Sample of European Countries / Jona Lasinio, Cecilia Susanna; Manzocchi, Stefano; Meliciani, Valentina. - In: RIVISTA DI POLITICA ECONOMICA. - ISSN 0035-6468. - july/september(2016), pp. 65-95.

Intangible Assets and Participation in Global Value Chains: An Analysis on a Sample of European Countries

Cecilia Jona Lasinio;Stefano Manzocchi;Valentina Meliciani
2016

Abstract

This paper investigates the role of intangible assets as factors influencing participation in global value chains (GVC). We distinguish between different forms of participation in GVC entailing a different degree of capability to generate value added domestically and we examine how different intangibles affect countries’ engagement in GVC and the reaping of benefits from such participation. The data cover 11 European countries in manufacturing and services over the period 1995- 2011. We find that investing in intangible assets favours participation in GVC and contributes to value appropriation along the chain. Moreover, different intangible assets contribute differently to forward and backward participation.
intangible assets; global value chains; forward and backward participation; R&D expenditure.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11385/176509
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