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Capturing the value of intangible assets in micro data to promote the EU's growth and competitiveness

Objective

GLOBALINTO will provide new measures of intangible assets at the firm level, filling an important gap in measurement which has restricted statistical production, micro-based analysis and evidence-based policymaking. GLOBALINTO will analyse the various potential explanations of the productivity puzzle, both at micro and macro levels. Our work will bring further the earlier work by the EU FP7 Innodrive project to create refined and validated intangible capital data and indicators that can be implemented in official statistics production. Importantly, this also includes the development of measures of public sector intangibles and their impact on innovation and productivity. The analyses in GLOBALINTO are novel, focusing not only on firm behaviour at the micro level but by also being able to observe the common growth characteristics in industries and the role of intangibles for changes in market structure. Broader measurement of intangibles (in particular non-R&D) at the firm level helps to identify new sources of growth to reverse the trend of lower intangible capital deepening after financial crises in 2008. Knowledge on human and intangible capital at the firm-level also helps to promote new intangible capital formation under the ageing population. Such a micro data approach is by definition necessary also in the effort to understand the role of small firms as engines of growth and hindrances for market entry. The analysis also aims to show the global structure and fragmentation of value chains, and their role in innovation, knowledge diffusion and the exploitation of new knowledge. On the basis of empirical results and theoretical advances, GLOBALINTO will also explore and further the role of policy for the mobilisation of intangibles. The ambition of GLOBALINTO is not only to assess productivity potential but to decompose its explanatory factors in a way that offer tools for policies to foster innovation and future growth.

Field of science

  • /social sciences/economics and business/business and management/commerce
  • /social sciences/economics and business/economics/production economics/productivity

Call for proposal

H2020-SC6-TRANSFORMATIONS-2018
See other projects for this call

Funding Scheme

RIA - Research and Innovation action

Coordinator

VAASAN YLIOPISTO
Address
Pl 700
65101 Vaasa
Finland
Activity type
Higher or Secondary Education Establishments
EU contribution
€ 601 875

Participants (7)

UNIVERSITAET HAMBURG
Germany
EU contribution
€ 404 436
Address
Mittelweg 177
20148 Hamburg
Activity type
Higher or Secondary Education Establishments
AARHUS UNIVERSITET
Denmark
EU contribution
€ 515 250
Address
Nordre Ringgade 1
8000 Aarhus C
Activity type
Higher or Secondary Education Establishments
UNIVERZA V LJUBLJANI
Slovenia
EU contribution
€ 364 500
Address
Kongresni Trg 12
1000 Ljubljana
Activity type
Higher or Secondary Education Establishments
UNIVERSITE PARIS-SACLAY
France
EU contribution
€ 285 750
Address
Immeuble Technologique Entree B Rte De L Orme Aux Merisiers
91190 Saint Aubin
Activity type
Higher or Secondary Education Establishments
NATIONAL TECHNICAL UNIVERSITY OF ATHENS - NTUA
Greece
EU contribution
€ 267 000
Address
Heroon Polytechniou 9 Zographou Campus
15780 Athina
Activity type
Higher or Secondary Education Establishments
THE UNIVERSITY OF MANCHESTER
United Kingdom
EU contribution
€ 276 500
Address
Oxford Road
M13 9PL Manchester
Activity type
Higher or Secondary Education Establishments
STATISTISK SENTRALBYRAA
Norway
EU contribution
€ 257 500
Address
Akersveien 26
0177 Oslo
Activity type
Research Organisations