New evidence on intangibles, diffusion and productivity

Carol Corrado, Chiara Criscuolo, Jonathan Haskel (), Alexander Himbert and Cecilia Jona-Lasinio
Additional contact information
Alexander Himbert: OECD

No 2021/10, OECD Science, Technology and Industry Working Papers from OECD Publishing

Abstract: This paper presents new evidence on the impact of intangible capital on productivity dispersion within industries. It first shows that rise in productivity dispersion after 2000 is more pronounced in intangible-intensive industries; then analyses the link between intangible capital intensity and productivity dispersion both at the top and at the bottom of the productivity distribution, and in different industries. The findings suggest that industries that have experienced a stronger increase in intangible investment have also seen a steeper rise in productivity dispersion both at the top and at the bottom of the productivity distribution. While the results at the top seem to be associated with the scalability of intangible capital – which is likely to disproportionally benefit high-productivity firms and incumbents – dispersion at the bottom appears to be linked to complementarities between intangible investment and factors like digital intensity, trade openness and venture capital.

Keywords: Innovation; Investment; Science and Technology (search for similar items in EconPapers)
Date: 2021-07-08
New Economics Papers: this item is included in nep-eff, nep-fdg and nep-tid
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://doi.org/10.1787/de0378f3-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:stiaaa:2021/10-en

Access Statistics for this paper

More papers in OECD Science, Technology and Industry Working Papers from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().