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Productivity spillovers of organization capital

Author

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  • Wen Chen

    (University of Groningen)

  • Robert Inklaar

    (University of Groningen)

Abstract

Investments in organization capital increase productivity of not just the investing firm but could also spillover to other firms—similar to investments in research and development. Recent evidence at the industry and economy level suggests such spillovers could be important. In this paper, we fail to find evidence of knowledge spillovers from organization capital that increase the productivity or market valuation of technologically similar manufacturing firms in the US. This lack of evidence at the firm-level suggests caution is in order at the more aggregate level, where spillover channels are harder to identify convincingly.

Suggested Citation

  • Wen Chen & Robert Inklaar, 2016. "Productivity spillovers of organization capital," Journal of Productivity Analysis, Springer, vol. 45(3), pages 229-245, June.
    • Handle: RePEc:kap:jproda:v:45:y:2016:i:3:d:10.1007_s11123-015-0463-x
    DOI: 10.1007/s11123-015-0463-x
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    5. John G. Fernald & Robert Inklaar, 2022. "The UK Productivity “Puzzle” in an International Comparative Perspective," Working Paper Series 2022-07, Federal Reserve Bank of San Francisco.
    6. Huang, Minjie & Kubick, Thomas R. & Tseng, Kevin, 2021. "Technology spillovers and the duration of executive compensation," Journal of Banking & Finance, Elsevier, vol. 131(C).

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    More about this item

    Keywords

    Organization capital; Intangible assets; Spillovers; Market value; Productivity;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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