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A Survey on Intangible Capital

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  • Kim, YoungGak

Abstract

This study provides a survey of topics related to intangible capital, including concepts, definitions, measurement issues, and classifications. It shows that despite the growing importance of intangible capital, we do not know enough about it and only have imperfect methods of measuring it. While at the macroeconomic level, measurement of intangibles is now available for many countries, definitional and measurement issues pose a greater problem at the microeconomic level. This study points out that researchers not only have to confront data deficiencies but also need to grapple with conceptual issues. Finally, it also provides brief surveys of studies dealing with particular detailed topics. Many of these studies prove the existence of intangible capital at the microeconomic level as well as at macroeconomic level.

Suggested Citation

  • Kim, YoungGak, 2007. "A Survey on Intangible Capital," CEI Working Paper Series 2007-10, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  • Handle: RePEc:hit:hitcei:2007-10
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    File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/15746/1/wp2007-10a.pdf
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    Cited by:

    1. Y. Biondi & P. Giannoccolo & A. Reberioux, 2010. "Financial disclosure and the Board: A case for non-independent directors," Working Papers 689, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. Y. Biondi & P. Giannoccolo & A. Reberioux, 2009. "Efficient monitoring and control in intangibles-driven economies: is full independence always required?," Working Papers 664, Dipartimento Scienze Economiche, Universita' di Bologna.

    More about this item

    JEL classification:

    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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