Innovativeness and intangibles in transition: the case of Slovenia
AbstractThe article presents the micro data on intangibles for Slovenia in the period 1994–2005 using an augmented method of Corrado et al. (2005) and analyses the role of intangibles in the Slovenian economy during the transition. By examining the organizational, ICT and R&D component of intangibles, we observe a decrease in the value of R&D capital that was to some extent offset by an increase in the value of ICT capital. We find that organizational workers had higher productivity than the average worker. The dynamic of changes was gradual during the transition. The capitalization of intangibles implied an average 4.5% increase of GDP for the new member states. Nonetheless, a worrying convergence can be observed between the tangible and the intangible capital. One can thus expect the intangibles having an important role in the future growth in Slovenia and across the European countries, but only if proper attention is devoted to them in terms of policy measures and regulation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 32127.
Date of creation: Jul 2011
Date of revision:
aggregate productivity; ICT; intangible capital; organization; R&D; Slovenia; transition;
Find related papers by JEL classification:
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executives; Executive Compensation
- M40 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - General
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mankiw, N Gregory & Romer, David & Weil, David N, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics, MIT Press,
MIT Press, vol. 107(2), pages 407-37, May.
- John M. Abowd & Francis Kramarz & David N. Margolis, 1994.
"High Wage Workers and High Wage Firms,"
NBER Working Papers
4917, National Bureau of Economic Research, Inc.
- John M. Abowd & Francis Kramarz & David N. Margolis, 1994. "High-Wage Workers and High-Wage Firms," CIRANO Working Papers, CIRANO 94s-23, CIRANO.
- Abowd, J.M. & Kramarz, F. & Margolis, D.N., 1995. "High-Wage Workers and High-Wage Firms," Cahiers de recherche, Centre interuniversitaire de recherche en Ã©conomie quantitative, CIREQ 9503, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Abowd, J.M. & Kramarz, F. & Margolis, D.N., 1995. "High-Wage Workers and High-Wage Firms," Cahiers de recherche, Universite de Montreal, Departement de sciences economiques 9503, Universite de Montreal, Departement de sciences economiques.
- Bresnahan, Timothy F & Greenstein, Shane, 1999.
"Technological Competition and the Structure of the Computer Industry,"
Journal of Industrial Economics, Wiley Blackwell,
Wiley Blackwell, vol. 47(1), pages 1-40, March.
- Timothy F. Bresnahan & Shane Greenstein, 1997. "Technological Competition and the Structure of the Computer Industry," Working Papers, Stanford University, Department of Economics 97028, Stanford University, Department of Economics.
- Carol Corrado & Charles Hulten & Daniel Sichel, 2005.
"Measuring Capital and Technology: An Expanded Framework,"
in: Measuring Capital in the New Economy, pages 11-46
National Bureau of Economic Research, Inc.
- Carol Corrado & Charles Hulten & Daniel Sichel, 2004. "Measuring capital and technology: an expanded framework," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2004-65, Board of Governors of the Federal Reserve System (U.S.).
- Mark A. Youndt & ohan Subramaniam & Scott A. Snell, 2004. "Intellectual Capital Profiles: An Examination of Investments and Returns," Journal of Management Studies, Wiley Blackwell, Wiley Blackwell, vol. 41(2), pages 335-361, 03.
- Giorgio Marrano, Mauro & Haskel, Jonathan, 2007.
"How Much Does the UK Invest in Intangible Assets?,"
CEPR Discussion Papers, C.E.P.R. Discussion Papers
6287, C.E.P.R. Discussion Papers.
- Mauro Giorgio Marrano & Jonathan Haskel, 2006. "How Much Does the UK Invest in Intangible Assets?," Working Papers, Queen Mary, University of London, School of Economics and Finance 578, Queen Mary, University of London, School of Economics and Finance.
- Lee, Chung H., 1996. "Financial deregulation and integration in East Asia : edited by Takatoshi Ito and Anne O. Krueger, NBER-East Asia Seminar on Economics VoL 5, Chicago and London: National Bureau of Economic Research a," Journal of Asian Economics, Elsevier, Elsevier, vol. 7(4), pages 785-787.
- Pekka Ilmakunnas & Mika Maliranta, 2005.
"Technology, Labour Characteristics and Wage-productivity Gaps,"
Oxford Bulletin of Economics and Statistics,
Department of Economics, University of Oxford, vol. 67(5), pages 623-645, October.
- Ilmakunnas, Pekka & Maliranta, Mika, 2003. "Technology, Labor Characteristic and Wage-productivity Gaps," Discussion Papers, The Research Institute of the Finnish Economy 860, The Research Institute of the Finnish Economy.
- Baruch Lev & Suresh Radhakrishnan, 2003. "The Measurement of Firm-Specific Organization Capital," NBER Working Papers 9581, National Bureau of Economic Research, Inc.
- Roth,Felix & Thum, Anna-Elisabeth, 2010. "Does intangible capital affect economic growth?," CEPS Papers, Centre for European Policy Studies 3667, Centre for European Policy Studies.
- Carol Corrado & John Haltiwanger & Dan Sichel, 2005. "Measuring Capital in the New Economy," NBER Books, National Bureau of Economic Research, Inc, number corr05-1.
- Szalavetz, Andrea, 2012.
"Az immateriális beruházások és a nem közvetlenül a termelésben foglalkoztatottak szerepe a gazdasági felzárkózásban
[The role intangible investments and non-production workers play in ec," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1187-1206.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.