Unbundling Technology Adoption and tfp at the Firm Level. Do Intangibles Matter?

Michele Battisti, Filippo Belloc and Massimo Del Gatto

No 2012.98, Working Papers from Fondazione Eni Enrico Mattei

Abstract: We use a panel of European firms to investigate the relationship between intangible assets and productivity. We disentangle between tfp and technology adoption, while available studies so far have considered only a notion of productivity conflating the two effects. To this aim, we estimate production function parameters allowing, within each sector, for the existence of multiple technologies. We find that intangible assets both push the firm towards better technologies (technology adoption effects) and allow for a more efficient exploitation of a given technology (tfp effects).

Keywords: TFP; Intangible Assets; Heterogeneity; Firm Selection; Technology Adoption; Mixture Models (search for similar items in EconPapers)
JEL-codes: C29 D24 F12 O32 (search for similar items in EconPapers)
Date: 2012-12
New Economics Papers: this item is included in nep-bec, nep-eff, nep-ipr and nep-pr~
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://feem-media.s3.eu-central-1.amazonaws.com/w ... oads/NDL2012-098.pdf (application/pdf)

Related works:
Journal Article: Unbundling Technology Adoption and tfp at the Firm Level: Do Intangibles Matter? (2015)
Working Paper: Unbundling Technology Adoption and tfp at the Firm Level. Do Intangibles Matter? (2012)
Working Paper: Unbundling technology adoption and tfp at the firm level. Do intangibles matter? (2012)
Working Paper: Unbundling Technology Adoption and TFP at the Firm Level. Do Intangibles Matter? (2012)
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:fem:femwpa:2012.98

Access Statistics for this paper

More papers in Working Papers from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by Alberto Prina Cerai ().