全球智库信息集成服务系统(G2TT): Intangible Investment and Firm Performance

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w24363
来源ID	Working Paper 24363
	Intangible Investment and Firm Performance
	Nathan Chappell; Adam B. Jaffe
发表日期	2018-03-05
出版年	2018
语种	英语
摘要	We combine survey and administrative data for about 13,000 New Zealand firms from 2005 to 2013 to study intangible investment and firm performance. We find that firm size and moderate competition is associated with higher intangible investment, while firm age is associated with lower intangible investment. Examining firm performance, we find that higher investment is associated with higher labour and capital input, higher revenue, and higher firm-reported employee and customer satisfaction, but not with higher productivity or profitability. The evidence suggests that intangible investment is associated with growth and 'soft' performance objectives, but not with productivity or profitability.
主题	Microeconomics ; Households and Firms ; Industrial Organization ; Firm Behavior
URL	https://www.nber.org/papers/w24363
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/582036
推荐引用方式 GB/T 7714	Nathan Chappell,Adam B. Jaffe. Intangible Investment and Firm Performance. 2018.