Cyhoeddiadau

This paper is concerned with the link between productivity growth and the increasing importance of intangible assets. A growing literature suggests that the standard production function, consisting of capital and labour, is inadequate in accounting for modern changes in productivity. Knowledge intensive intermediate inputs and own-account production, often netted out or ignored in earlier studies,…

The importance of intangible capital as a driver of productivity growth is being increasingly recognised; however as yet, its importance at a regional level has barely been considered. In this paper we present recently constructed occupationally defined measures of intangible capital at the firm level for the UK within a regional framework. We analyse the…