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 …

productivity growth based on growth accounting and econometric estimation of production functions. The growth accounting … contribution of intangibles to labor productivity growth is generally highest in manufacturing and finance. The estimated output …