This chapter focuses on intangible capital as source of economic growth in Europe and the United States. It (1) sets out a Jorgenson-like model for thinking about the role of knowledge investments and innovation in fostering economic growth; (2) uses standard growth accounting decompositions to illustrate the empirical relevance of intangible capital deepening as a source of growth, and (3) considers how knowledge spillovers from investments in both R&D and non-R&D intangible assets might contribute to productivity.

Intangible capital, innovation, and productivity à la Jorgenson evidence from Europe and the United States / Corrado, Carol; Haskel, Jonathan; Iommi, Massimiliano; Jona Lasinio, Cecilia Susanna. - (2020), pp. 363-385. [10.1016/B978-0-12-817596-5.00016-0]

Intangible capital, innovation, and productivity à la Jorgenson evidence from Europe and the United States

Jona-Lasinio, Cecilia
2020

Abstract

This chapter focuses on intangible capital as source of economic growth in Europe and the United States. It (1) sets out a Jorgenson-like model for thinking about the role of knowledge investments and innovation in fostering economic growth; (2) uses standard growth accounting decompositions to illustrate the empirical relevance of intangible capital deepening as a source of growth, and (3) considers how knowledge spillovers from investments in both R&D and non-R&D intangible assets might contribute to productivity.
2020
9780128175965
Innovation, Intangibles, Investment productivity, Knowledge spillovers
Intangible capital, innovation, and productivity à la Jorgenson evidence from Europe and the United States / Corrado, Carol; Haskel, Jonathan; Iommi, Massimiliano; Jona Lasinio, Cecilia Susanna. - (2020), pp. 363-385. [10.1016/B978-0-12-817596-5.00016-0]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11385/236006
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