special issue: Intangible investment and human resources
Abstract
To make intangibles more `tangible' for empirical analysis, statistical cluster techniques are applied in the development of two new taxonomies of manufacturing industries. The first focuses on the distinction between exogenous, location dependent comparative cost advantages, such as the relative abundance of capital or labour, and endogenously created firm specific advantages resulting from intangible investments in marketing or innovation. The second taxonomy discriminates between industries according to their employment of skilled labour. Finally, econometric tests are used to investigate the presumed complementarity between intangible investments and human resources.Download Info
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Bibliographic Info
Article provided by Springer in its journal Journal of Evolutionary Economics.
Volume (Year): 12 (2002)
Issue (Month): 1 ()
Pages: 107-134
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Web page: http://link.springer.de/link/service/journals/00191/index.htm
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Related research
Keywords: Intangible investments - Human resources - Endogenous sunk costs - Market process - Industry structure;References
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- de Jong, Jeroen P.J. & Marsili, Orietta, 2006. "The fruit flies of innovations: A taxonomy of innovative small firms," Research Policy, Elsevier, vol. 35(2), pages 213-229, March.
- Michael Peneder, 2002.
"Industrial Structure and Aggregate Growth,"
WIFO Working Papers
182, WIFO.
- Peneder, Michael, 2003. "Industrial structure and aggregate growth," Structural Change and Economic Dynamics, Elsevier, vol. 14(4), pages 427-448, December.
- Anne Otto & Michaela Fuchs & Wolfgang Dauth, 2011. "Long-term processes of regional concentration and dispersion - fuzzy evidence for Western Germany," ERSA conference papers ersa10p537, European Regional Science Association.
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