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 marginal impact of ICT capital is higher when it is complemented with …

We analyze the effect of ICT and R&D on total factor productivity (TFP) growth across different industries in Sweden. R … significant short-run association between ICT and TFP, we find a positive association with a lag of seven to eight years. Thus …, spillovers from R&D affect TFP much faster than spillovers from ICT-investments. We also divide ICT capital into hardware and …