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oapen-20.500.12657-533372022-03-16T02:55:52Z Intangible Capital and Growth Roth, Felix Intangible Capital Labour Productivity Growth Euro EMU Political Economy Economic Crisis bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCP Political economy bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCB Macroeconomics bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCL International economics For several decades now, advanced economies across the globe have been undergoing a process of rapid transformation towards becoming knowledge economies. It is now widely recognized that intangible capital has been a crucial element in the growth performance of these economies and their firms. The term serves as a useful device for capturing those dimensions of capital that are not tangible in nature but are nevertheless fundamentally important for growth. It encompasses investments in education (human capital) and in informal (social capital) and formal (rule of law) institutions by the public sector and households, as well as investments by businesses aimed at enhancing their knowledge base, such as software, innovative property, and economic competencies. Intangible Capital and Growth is the first of two open-access volumes presenting a selection of the author's essays on Labor Productivity, Monetary Economics, and Political Economy. This first volume brings together eight of the author's essays, selected with the aim of providing an overview of his research to date on intangible capital and growth. 2022-03-15T07:53:18Z 2022-03-15T07:53:18Z 2022 book ONIX_20220314_9783030861865_46 9783030861865 https://library.oapen.org/handle/20.500.12657/53337 eng Contributions to Economics application/pdf n/a 978-3-030-86186-5.pdf https://link.springer.com/978-3-030-86186-5 Springer Nature Springer 10.1007/978-3-030-86186-5 10.1007/978-3-030-86186-5 6c6992af-b843-4f46-859c-f6e9998e40d5 775581ca-5959-4eee-a320-2e23d0d8feaa 9783030861865 Springer 185 Cham [grantnumber unknown] Universität Hamburg University of Hamburg open access
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For several decades now, advanced economies across the globe have been undergoing a process of rapid transformation towards becoming knowledge economies. It is now widely recognized that intangible capital has been a crucial element in the growth performance of these economies and their firms. The term serves as a useful device for capturing those dimensions of capital that are not tangible in nature but are nevertheless fundamentally important for growth. It encompasses investments in education (human capital) and in informal (social capital) and formal (rule of law) institutions by the public sector and households, as well as investments by businesses aimed at enhancing their knowledge base, such as software, innovative property, and economic competencies. Intangible Capital and Growth is the first of two open-access volumes presenting a selection of the author's essays on Labor Productivity, Monetary Economics, and Political Economy. This first volume brings together eight of the author's essays, selected with the aim of providing an overview of his research to date on intangible capital and growth.
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