The Impact of Intangible Assets on Regional Productivity Disparities in Great Britain
Bibliographic Data
| ID | 4140127 |
|---|---|
| Authors | Konstantinos A Melachroinos (0000-0002-2060-9564, Queen Mary University of London, corresponding author), Nigel Spence (0000-0002-7006-0522, Queen Mary University of London, corresponding author) |
| Year | 2014 |
| Volume | 46 |
| Issue | 3 |
| Pages | 629-648 |
| Publication date | 2014-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1068/a46236 |
| OpenAlex | W2053971194 |
| Language | EN |
| Citations received | 5 |
| References cited | 30 |
During the past few years there has been a growing consensus in the literature that intangible assets represent a major source of productivity growth. Intangibles facilitate the accumulation of knowledge and information via learning and innovation, allowing, in this way, modern economies to improve the efficiency with which they utilise their resources. Nonetheless, despite the proliferation of studies that investigate the territorial impact of intangibles (variously defined), the full effect of these assets on regional productivity dynamics remains elusive. National Accounts still treat most of what can be considered intangibles as intermediate expenditure entailing that they are largely excluded from conventional measures of gross value added (GVA) and investment. The present paper attempts to tackle this shortcoming not only by including intangibles as capital in the aggregate production function, but also by employing GVA data that are adjusted for intangibles as output. The aim is to investigate the role of intangible assets on the evolution of regional productivity disparities in Great Britain during the period 1995-2004. The analysis considers the spatial effects of intangibles on both partial productivity measures and total factor productivity levels, while the regional figures are also scrutinised for the possible presence of σ-convergence and β-convergence trends during this time
Business · Economic geography · Economic growth · Economics · Economy · Fixed asset · Geography · Gross value added · Macroeconomics · Political science · Productivity · Total factor productivity · Economic Growth and Productivity · Regional Development and Policy · Regional Economics and Spatial Analysis
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Collaboration, information and the geography of innovation in knowledge intensive business services
Agglomeration economies and regional intangible assets
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Explaining labour productivity differentials across Italian regions
Regional productivity differentials in England
Spaces of Innovation
Regional Social Capital
Service Competitiveness and Urban Innovation Policies in the UK
UK Regional Plant and Machinery Capital Stocks and Premature Scrapping
Entrepreneurship Capital and Economic Performance
Total Factor Productivity, Intangible Assets and Spatial Dependence in the European Regions
Intangible Investment and Regional Productivity in Great Britain
The End of the Learning Region as We Knew It; Towards Learning in Space
Research and Development, Spillovers, Innovation Systems, and the Genesis of Regional Growth in Europe
The Changing Role of Learning Regions in the Globalizing Knowledge Economy
Increasing Returns and Long-Run Growth
Endogenous Technological Change
Productivity and Growth
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Social Capital and the Innovative Performance of Italian Provinces
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,56 |
| Citation span | 2017 - 2021 (5) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |