Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/202151 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
IPTS Working Papers on Corporate R&D and Innovation No. 03/2014
Verlag: 
European Commission, Joint Research Centre (JRC), Seville
Zusammenfassung: 
This paper investigates the innovation impact of intangibles by considering the decision of firms to invest in a comprehensive set of them. By using a new survey on a large sample of firms in 28 EU (plus 8 non-EU) countries, we first identify the principal components of the resources firms invest in six kinds of intangibles. Their contribution to the firms’ propensity to introduce new products and/or processes is then estimated with a two-step model, which addresses the endogeneity of the focal regressors through theoretically consistent instruments. A firm’s innovativeness depends on its choice of using internal vs. external resources for its intangible investments more than on their actual amount, and on the kind of assets these investments are directed to. Intangibles need to be managed strategically in order to have an innovation impact and the policy support of this type of investment must take this strategic use into account.
Schlagwörter: 
Innovation
Intangibles
R&D
JEL: 
O30
O32
O33
Dokumentart: 
Working Paper

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