How Intangible Investments Drive Economic Growth in Major Countries
Sang-Ha Yoon ()
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Sang-Ha Yoon: KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP), Postal: [30147] Building C, Sejong National Research Complex, 370, Sicheong-daero, Sejong-si, Korea, https://www.kiep.go.kr/eng/
No 25-15, World Economy Brief from Korea Institute for International Economic Policy
Abstract:
In today’s digital economy, intangible assets—such as software, R&D, branding, and organizational capital—have emerged as powerful drivers of productivity and long-term economic growth. This report investigates the growing importance of intangible investments across major economies, drawing on data from the EU KLEMS and INTANProd (EKIP) databases. It reveals that intangible capital, particularly in manufacturing, ICT, and financial services sectors, now often exceeds tangible capital in its contribution to value-added, especially in countries like the U.S., U.K., and France. (the rest omitted)
Keywords: R&D; EKIP; digital economy; intangible asset (search for similar items in EconPapers)
Pages: 4 pages
Date: 2025-05-12
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2025_015
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