Institution

Eurostat

Year

2017

Level

Intermediate to advanced

Abstract

Chapter Three of the second edition of 2017 provides an overview of the methods developed so far to measure intangible assets and to evaluate their contribution to economic growth. It reviews the work carried out under the INTAN-Invest research collaboration and the SPINTAN EU Funded project to generate cross-country estimates of intangible investments coherent with the Corrado, Hulten and Sichel (2005) model. It also provides a summary of recent empirical evidence on the role of intangible capital as a driver of growth across industries and sectors in European countries and the US as an illustration of uses of the intangibles assets data.