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    Intangible capital and firms productivity

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    Firms competitive strategy in industrialised countries is increasingly based on activities such as the inventions of new processes and products, the improvements of the employees skill, the creation of a reputation for company's products. All these actions are intended to increase firms economic performances and are labelled as "intangible capital". The aim of this paper is to evaluate the role of intangible capital on firms productivity in addition to the well-known one played by traditional inputs. Firms productivity may also depend on the socio-economic conditions of the region where the firm is located. Therefore, we also control for the physical endowments of the region (public capital, infrastructures) as well as for several types of intangible assets specific to the region (human, technological and social capital) that yield positive externalities to the localised firms. In our empirical application we employ a large panel of European companies over the period 2002-2006 belonging to 116 regions of six countries. The estimation results - robust to various ways of disaggregating the sample data (by country, macro-sector and firms dimension) and to different econometric methodologies (2SLS, Olley-Pakes, Levinsohn-Petrin) - show the positive influence of the internal intangible capital on firms productivity levels and also the crucial role played by the intangible assets at the regional level. These results remark the importance of policies designed to stimulate the accumulation of intangible capital stocks internal to the firms through appropriate fiscal policies and to create a favourable external environment based on high endowments of human, social and technological capital

    Registro de enfermedades de las plantas nuevas o poco conocidas : la "viruela" del tomate y la "roya" de la remolacha en Mendoza

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    Fil: Pontis, Rafael E.. Universidad Nacional de Cuyo. Facultad de Ciencias AgrariasFil: Feldman, José M.. Universidad Nacional de Cuyo. Facultad de Ciencias Agraria

    Registro de enfermedades nuevas o poco conocidas de las plantas en Mendoza

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    Fil: Pontis, Rafael E.. Universidad Nacional de Cuyo. Facultad de Ciencias AgrariasFil: Feldman, José M.. Universidad Nacional de Cuyo. Facultad de Ciencias Agraria

    Smith K. M. - A texbook of plant virus diseases (New second edition) J. A. Churchill Ltd, Londres, Inglaterra

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    Fil: Pontis, Rafael E.. Universidad Nacional de Cuyo. Facultad de Ciencias Agraria

    Intangible capital and firms productivity

    No full text
    Firms competitive strategies and performances in industrialised countries is increasingly based on assets, labelled as “intangible capital”, such as the inventions of new processes and products, the improvements of the employees skill, the creation of a reputation for company’s products. The aim of this paper is to evaluate the role of internal intangible capital on firms productivity in addition to the well-known one played by traditional inputs. Moreover, firms productivity is crucially affected by the external socio-economic conditions; thus, we control for the availability of intangible assets specific to the region (human, technological and social capital) as well as for the regional infrastructural endowments. In our empirical application we analyse a large panel of European companies belonging to 116 regions of six countries, considered over the period 2002-2006. The estimation results - robust to various ways of disaggregating the sample data (by country, macro-sector and firms dimension) and to different econometric methodologies (IV, Olley-Pakes, Levinsohn-Petrin) - show the positive influence of the internal intangible capital on firms productivity levels and also the crucial role played by the intangible assets at the regional level. These results remark the importance of policies designed to stimulate the accumulation of intangible capital stocks internal to the firms through appropriate fiscal policies and to create a favourable external environment based on high endowments of human, social and technological capital

    Registro de enfermedades de las plantas, nuevas o poco conocidas en la provincia de Mendoza

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    Fil: Pontis, Rafael E.. Universidad Nacional de Cuyo. Facultad de Ciencias AgrariasFil: Klingner, Alfredo E.. Universidad Nacional del Comahue. Facultad de Ciencias AgrariasFil: Feldman, José M.. Universidad Nacional de Cuyo. Facultad de Ciencias Agraria
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