期刊名称：FEEM Working Papers / Fondazione Eni Enrico Mattei = Nota di Lavoro
出版年度：2012
卷号：2012
出版社：Milano
摘要：We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate production function parameters allowing, within each sector, for the existence of multiple technologies. We find that intangible assets both push the firm towards better technologies (technology adoption effects) and allow for a more efficient exploitation of a given technology (tfp effects).
