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The impact of the COVID-19 pandemic on the level and distribution of intangibles investment in the UK

Richard Harris () and John Moffat

Applied Economics Letters, 2022, vol. 29, issue 13, 1238-1242

Abstract: This paper investigates trends in intangibles investment since the onset of the COVID-19 pandemic in the United Kingdom. Responses from an online survey show that investment in R&D has dropped substantially for many firms but that over 40% of firms increased their ICT investment, which is likely to reflect the need to facilitate remote working and customer engagement. Industry is a major predictor of the change in intangibles investment. This is consistent with expectations in light of the different effect that measures to contain the pandemic have had across industries.

Date: 2022
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DOI: 10.1080/13504851.2021.1954591

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