Modelling intangibles at the regional level in Europe: what lessons from a multidimensional approach?

Tatiana Beliaeva (), Ahmed Bounfour () and Alberto Nonnis
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Tatiana Beliaeva: RITM - Réseaux Innovation Territoires et Mondialisation - Université Paris-Saclay
Ahmed Bounfour: Université Paris-Saclay, RITM - Réseaux Innovation Territoires et Mondialisation - Université Paris-Saclay
Alberto Nonnis: RITM - Réseaux Innovation Territoires et Mondialisation - Université Paris-Saclay

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Abstract: Extant literature has examined intangible assets at firm and macro-levels but lacks their comprehensive analysis at territorial level. Yet, large discrepancies exist between regions, which cannot be attributed to micro-level variations alone, or observed from a higher level of aggregation to countries. We examine regional economic implications of intangible capital focusing on different sets of regional intangible assets. We build a combined dataset at the European regional level and perform spatial regression analysis accounting for cross-region interdependence. Results indicate significant effects of intangibles and the importance of their complementary relationships for regional development. Implications for research and policy making are derived.

Keywords: Intangible capital; Intangible assets; Regional economic development; NUTS classification; Europe; Spatial econometrics (search for similar items in EconPapers)
Date: 2023
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Published in Knowledge Management Research and Practice, 2023, 21 (3), pp.637-650. ⟨10.1080/14778238.2021.1941359⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04454893

DOI: 10.1080/14778238.2021.1941359

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