A Survey on Intangible Capital

YoungGak Kim () and 榮愨 金

No 2007-10, CEI Working Paper Series from Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University

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.

JEL-codes: L23 O47 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2007-12
New Economics Papers: this item is included in nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:hit:hitcei:2007-10

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