Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322581 
Authors: 
Year of Publication: 
2025
Series/Report no.: 
ETLA Working Papers No. 129
Publisher: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Abstract: 
This working paper investigates intangible investments in Finnish firms from 2014 to 2019, utilizing comprehensive, register-based data from Statistics Finland. We analyze seven categories of internal intangible investments and observe that these investments are highly concentrated, with the top 10% of investors accounting for approximately two-thirds of the total. However, this concentration is comparable to that of employment, value added, and tangible investments. Firms that invest in intangibles generally exhibit higher productivity levels. Specifically, organizational capital and new financial products demonstrate a positive and statistically significant correlation with labor productivity. These findings highlight the significance of intangible investments for firm performance and offer insights into their distribution patterns within the Finnish business sector.
Subjects: 
Intangible investments
Finnish firms
Labor productivity
Concentration
JEL: 
D22
L25
O32
O34
Document Type: 
Working Paper

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