Over the last two decades EU countries experienced diverging productivity growth developments. By examining the sources of EU countries growth drivers on the sectoral level, the paper takes a new look on the influence of innovations. While standard neoclassical Non-ICT capital deepening turns...

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 member states from 1998 to 2007. We find that (a) the...

Over time, the research has played a key role in the economic development reflected by the GDP growth, the increase of the patents' number, the volume of exports, the economic competitiveness of countries which have invested in research and development.The aim of this paper is to make a study at...