Productivity spillovers of organization capital

Wen Chen and Robert Inklaar
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Wen Chen: University of Groningen

Journal of Productivity Analysis, 2016, vol. 45, issue 3, No 1, 229-245

Abstract: Abstract Investments in organization capital increase productivity of not just the investing firm but could also spillover to other firms—similar to investments in research and development. Recent evidence at the industry and economy level suggests such spillovers could be important. In this paper, we fail to find evidence of knowledge spillovers from organization capital that increase the productivity or market valuation of technologically similar manufacturing firms in the US. This lack of evidence at the firm-level suggests caution is in order at the more aggregate level, where spillover channels are harder to identify convincingly.

Keywords: Organization capital; Intangible assets; Spillovers; Market value; Productivity (search for similar items in EconPapers)
JEL-codes: D24 L22 O33 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (8)

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DOI: 10.1007/s11123-015-0463-x

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