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Social and Behavioral Sciences Commons

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Economics

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Productivity

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Full-Text Articles in Social and Behavioral Sciences

The Impact Of Intangible Capital On The Productivity Of Small Firms, Črt Kostevc, Tjaša Redek Sep 2022

The Impact Of Intangible Capital On The Productivity Of Small Firms, Črt Kostevc, Tjaša Redek

Economic and Business Review

Despite the mounting evidence in support of the role of intangible capital on firm performance, some research gaps remain. This paper focuses on the link between intangible capital and firm performance with a particular focus on the effect firm size has on the relationship by studying the population of Slovene enterprises between 2007 and 2020. We find that while intangible assets are positively associated with productivity, the link is by no means linear. Furthermore, micro firms appear to benefit most from investing in intangible assets, while the effect is less robust for small and medium-size enterprises (SMEs) and large firms. …


Intangible Assets And Their Impact On Economic Performance, Mojca Bavdaž, Yannis Caloghirou, Mira Dimitrić, Aimilia Protogerou Sep 2022

Intangible Assets And Their Impact On Economic Performance, Mojca Bavdaž, Yannis Caloghirou, Mira Dimitrić, Aimilia Protogerou

Economic and Business Review

The paper introduces the topic of intangible assets. It describes the evolution of the concept of intangible assets and the role of these assets in today’s economy. The importance of intangible assets is highlighted through many quantitative estimates of the impact that intangible assets have on economic performance. After reviewing research carried out mainly in the Western economies, the paper concentrates on the research covering the size and impact of intangible investment in the Central and Eastern European (CEE) and Balkan countries. Moreover, the focus shifts to the firm level where the management of intangible assets faces several challenges that …