We investigate the extent to which financial constraints hamper the firms’ investment in intangibles. Drawing on the … that such a distinction should be investigated along the whole spectrum of intangibles firms invest and by addressing the …-innovative firms’ investments - from which interesting results emerge. Financial barriers hamper the investment of both kinds of firms …

statistics show that intangible investment has increased over time. The intensive and extensive margins of firms' investments are … those found in previous studies and have implications for the strategic orientation of industrial and innovation policy. …

different aggregation levels. At macro-level, our evidence suggests complementarities between tangibles and intangibles and … between National Accounts and non-National Accounts intangibles. Using firm-level data, we explore more disaggregated asset … associated with better firm performance. Our analysis demonstrates that policy support that aims at stimulating investment only …