Knowledge Spillovers, ICT and Productivity Growth
利用10个欧盟国家1998-2007年的数据，研究发现无形资本对生产率的影响取决于ICT强度，且非研发无形资本和劳动力技能存在增长溢出效应。
Abstract This paper looks at the channels through which intangible assets affect productivity growth. The econometric analysis exploits a new data set 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 output elasticity of intangible capital depends upon ICT intensity, consistent with complementarities between ICT and intangible capital; (b) non‐R&D intangible capital has a higher estimated output elasticity than its factor share, as does (c) an index of labour composition. The last two findings are consistent with growth spillovers from investments in knowledge‐based/intangible capital and skills.