Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88882
Authors: 
Piekkola, Hannu
Year of Publication: 
2011
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Publisher:] Springer [Place:] Heidelberg [Volume:] 46 [Year:] 2011 [Issue:] 4 [Pages:] 222-228
Abstract: 
Intangibles and especially organisational capital are an important source of capital deepening in European countries, albeit with significant cross-country differences. The GDP in the EU27 area is 5.5% higher if certain categories of expenditure, which have until now been considered as current costs, are classified as investments in intangibles. Intangible capital investment markedly improves the profitability of companies, given the productivity-wage gap, and leads to increasing returns in intangible capital intensive countries.
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size
154.35 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.