Intangible Assets in Finnish Business

Mika Pajarinen and Petri Rouvinen

No 129, ETLA Working Papers from The Research Institute of the Finnish Economy

Abstract: Abstract This working paper investigates intangible investments in Finnish firms from 2014 to 2019, utilizing comprehensive, register-based data from Statistics Finland. We analyze seven categories of internal intangible investments and observe that these investments are highly concentrated, with the top 10% of investors accounting for approximately two-thirds of the total. However, this concentration is comparable to that of employment, value added, and tangible investments. Firms that invest in intangibles generally exhibit higher productivity levels. Specifically, organizational capital and new financial products demonstrate a positive and statistically significant correlation with labor productivity. These findings highlight the significance of intangible investments for firm performance and offer insights into their distribution patterns within the Finnish business sector.

Keywords: Intangible investments; Finnish firms; Labor productivity; Concentration (search for similar items in EconPapers)
JEL-codes: D22 L25 O32 O34 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2025-06-18
New Economics Papers: this item is included in nep-acc, nep-cfn, nep-eff and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:rif:wpaper:129

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