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We study the importance of intangible capital (R&D, software, patents) for the measurement of productivity using firm … of input choice and unobserved productivity shocks. We find a positive output elasticity for research and development (R … output production function reduces productivity dispersion (measured by the 90-10 decile range) on average by 3%, in some …
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not only at the regional level, but also at the level of establishments. -- Firm productivity ; intangible capital …
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This paper analyses the impact of intangible capital on firm-level productivity for Germany using panel data from the … significant positive relationship between intangible capital and firm-level productivity with elasticities overall in line with … highly intangiblecapital intensive, and that intangibles have a greater impact on firm-level productivity in services …
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Organisation capital is one of the key intangible assets of firms, driving innovation and firm performance. Measuring this asset has been notoriously difficult, however. Differently to other intangible assets, firms do not build up organisation capital primarily by monetary investment but rather...
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