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 …

productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across …

The objective of this study is to identify knowledge spillovers that spread across regions in Europe and vary in … R&D output to capture the contribution of R&D (direct and spilled-over) to regional productivity at the industry level …. The results suggest that interregional knowledge spillovers and their productivity effects are to a substantial degree …

"The paper examines the size and productivity of total intangible capital relative to total tangible capital for a …