Factores discriminantes de la inversión en intangibles de las empresas tecnológicas

The aim of this work is to analyze the link between variables concerning public financial information and intangibles investment for technological firms. The investigation focuses on firms in Nasdaq-100 index during the 1999-2004 period. Two groups have been obtained by means of cluster analysis according its degree of investment in the so-called intangible factor. The effect of profit or losses, amortization, total assets and product expenses over intangible investment has been analyzed by means of discriminant analysis.