Intangibles from intangible capital work : their valuation and technological change

Piekkola, Hannu (avtor), Bloch, Carter (avtor), Rybalka, Marina (avtor), Redek, Tjaša (avtor)

The paper explores the relationship between intangibles, technological change, and multifactor productivity (MFP) in four coun- tries: Finland, Denmark, Norway, and Slovenia, between 2007 and 2019. An innovative approach using linked employer–employee data is employed to measure firm-level intangible assets within the areas of research and development (R&D), organizational capital (OC), and information and communication technology (ICT). Building on this, we introduce an Intangible-Biased Techno- logical Change (IBTC) approach that measures the effective use and quality of R&D and organizational capital work. The results show that both intangibles and industry-specific IBTC contribute to higher MFP in the Nordic countries. IBTC is associated with growing productivity disparities among firms within the same industry. Nevertheless, we also find that R&D enhances absorp- tive capacity, leading to positive spillovers in inter-industry relationships, and that R&D-IBTC can also narrow differences in productivity between various industries.

• Jezik: Angleški jezik
• Ključne besede: technological development, organizational structures, intangible capital, organizational change, productivity dispersion, R&D, technological change
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: EF - Ekonomska fakulteta
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2025
• Št. strani: 21 str.
• Številčenje: Vol. 71, iss. 2, article no. 70017
• PID: 20.500.12556/RUL-172666
• UDK: 658.152
• ISSN pri članku: 0034-6586
• DOI: 10.1111/roiw.70017
• COBISS.SI-ID: 234726147
• Datum objave v RUL: 10.09.2025

Gradivo je del revije

• Naslov: Review of income and wealth
• Skrajšan naslov: Rev. income wealth
• Založnik: Wiley
• ISSN: 0034-6586
• COBISS.SI-ID: 26280192

Licence

• Licenca: CC BY 4.0, Creative Commons Priznanje avtorstva 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by/4.0/deed.sl
• Opis: To je standardna licenca Creative Commons, ki daje uporabnikom največ možnosti za nadaljnjo uporabo dela, pri čemer morajo navesti avtorja.

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: tehnološki razvoj, nematerialne naložbe, organizacijske strukture

Projekti

• Financer: EC - European Commission
• Številka projekta: 822259
• Naslov: Capturing the value of intangible assets in micro data to promote the EU's growth and competitiveness
• Akronim: GLOBALINTO