innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers … we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover …

data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for evidence … of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects … from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We … Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …&D intensive countries are expected to generate more spillovers at the margin, but the observed R&D stock is smaller than the …

The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …

The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus … intangible digital capital for productivity growth, particularly in the manufacturing sectors. While backward global value chain … participation and EU integration are also found to be instrumental for accelerating productivity growth, the impact of inward …

on output, inputs and total factor productivity. The analysis provides evidence on the diffusion of intangible investment … slowdown in labour productivity growth has been driven by a decline in TFP growth with relatively a minor role for tangible and …

After a severe crisis in the early 1990s, the Swedish economy experienced a boom in productivity growth. Economists … have presented three explanations for the fast productivity growth in 1995-2004 market reforms, crisis recovery and the … estimates of investment in intangible assets and uses the growth accounting framework to analyze the Swedish productivity boom …