Incorporation of the Intangibles into the Spanish Start-Ups by Activity Sector and Region. Improving Their Economic Sustainability

María Dolores García-Gallo, Félix Jiménez-Naharro, Miguel Torres-García, Susan L. Giesecke and José Guadix-Martín
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María Dolores García-Gallo: Departament of Business Organization, University of Seville, 41018 Seville, Spain
Félix Jiménez-Naharro: Departament of Financial Economics and Operations Management, University of Seville, 41018 Seville, Spain
Miguel Torres-García: Department of Energy Engineering, University of Seville, Camino de los Descubrimientos, s/n, 41092 Seville, Spain
Susan L. Giesecke: Sutardja Center for Entrepreneurship & Technology College of Engineering, UC Berkeley, Berkeley, CA 94720, USA
José Guadix-Martín: School of Engineering, University of Seville, Camino de los Descubrimientos, s/n, 41092 Seville, Spain

Sustainability, 2020, vol. 12, issue 10, 1-20

Abstract: Nowadays, start-ups, assuming increasing importance, have the possibility to include intangible knowledge as another resource on which they can carry out planning exercises, impact studies, evaluation and monitoring, protection, accumulation and exploitation. The study carried out in this paper allows us to analyze the influence that intangible knowledge has on the financial status of a start-up and, therefore, on its economic sustainability. This enables start-ups to present a good image, become more transparent, have more opportunities, reduce uncertainty, improve sustainability, etc. Moreover, the study presents a descriptive analysis of intangibles according to regions and activity sectors. An analysis of variance was carried out, to see if there is a relationship between the investment in intangible assets and the activity sector and/or regions to which the company belongs. The study concludes that, among all sectors, the differences in the incorporation of intangible assets into financial statements are most recognized in tourism, which may be a key factor for the sustainability of this sector, especially in periods of economic crisis, such as the one Europe and the planet are currently facing.

Keywords: Keywords: e ntrepreneurship; knowledge; intellectual property; intangible; trademark; patent; start up valuation; ANOVA (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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