Intangible Assets and Economic Growth
AbstractBasic conceptual, statistical and measurement aspects of the intangible assets are considered regarding to their contribution to the economic growth. The increasing importance of the intangible assets in the modern economy is described. The role of the intangible assets in the creating of the information society and the knowledge-based economy is stressed. Issues of definition and statistical accounting of the intangible assets are discussed. The two basic approaches of value-relevance of intangible investment are presented. The evolution of the approaches to measuring the intangibles' contribution to the economic growth from the perspective of the theories of growth is given in brief.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Studies.
Volume (Year): (2003)
Issue (Month): 2 ()
Find related papers by JEL classification:
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
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