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

Tatiana Beliaeva, Ahmed Bounfour and Alberto Nonnis

Knowledge Management Research & Practice, 2023, vol. 21, issue 3, 637-650

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.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:taf:tkmrxx:v:21:y:2023:i:3:p:637-650

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DOI: 10.1080/14778238.2021.1941359

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