Public support for innovation, intangible investment and productivity growth in the UK market sector

Public support for innovation, intangible investment and productivity growth in the UK market sector PDF Author: Jonathan Haskel
Publisher:
ISBN:
Category :
Languages : en
Pages : 25

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Public support for innovation, intangible investment and productivity growth in the UK market sector

Public support for innovation, intangible investment and productivity growth in the UK market sector PDF Author: Jonathan Haskel
Publisher:
ISBN:
Category :
Languages : en
Pages : 25

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Book Description


UK Innovation Index

UK Innovation Index PDF Author: Peter Goodridge
Publisher:
ISBN:
Category : High technology industries
Languages : en
Pages : 0

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Book Description
This paper provides an update of the NESTA Innovation Index and tries to calculate some facts for the 'knowledge economy'. Building on the work of Corrado, Hulten and Sichel (CHS, 2005,9), using new data sets and a new micro survey, we (1) document UK intangible investment and (2) see how it contributes to economic growth. Regarding investment in knowledge/intangibles, we find (a) this is now 34% greater than tangible investment, in 2009, Đ124.2bn and Đ92.7bn respectively; (b) that R&D is about 11% of total intangible investment, software 18%, design 12%, and training and organizational capital 21% each; (d) the most intangible-intensive industry is manufacturing (intangible investment is 17% of value added) and (e) treating intangible expenditure as investment raises market sector value added growth in the 1990s due to the ICT investment boom, but has less impact on aggregate measures of growth in the 2000s. Regarding the contribution to growth, for 2000-09, (a) intangible capital deepening accounts for 26% of labour productivity growth, against computer hardware and telecommunications equipment combined (16%) and TFP (-0.4%); (b) adding intangibles to growth accounting lowers TFP growth by about 18 percentage points (c) capitalising R&D adds 0.04% to input growth and reduces ?lnTFP by 0.02% and (d) manufacturing accounts for 47% of intangible capital deepening plus TFP.

Investments in Intangible Assets and Australia's Productivity Growth

Investments in Intangible Assets and Australia's Productivity Growth PDF Author: Paula Barnes
Publisher:
ISBN: 9781740372749
Category : Australia
Languages : en
Pages : 189

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Book Description
Considers the measurement of investment in intangible assets such as R&D, computerised information and human/organisational capital in the Australian economy.

Measuring Capital in the New Economy

Measuring Capital in the New Economy PDF Author: Carol Corrado
Publisher: University of Chicago Press
ISBN: 0226116174
Category : Business & Economics
Languages : en
Pages : 602

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Book Description
As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.

The British Growth Crisis

The British Growth Crisis PDF Author: J. Green
Publisher: Springer
ISBN: 1137441526
Category : Political Science
Languages : en
Pages : 438

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Book Description
Britain remains mired in the most severe and prolonged economic crisis that it has faced since the 1930s. What would it take to find a new, more stable and more sustainable growth model for Britain in the years ahead? This important volume written by a number of influential commentators seeks to provide some answers.

The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry

The Impact of Organizational Capital Investment on Employee Innovation in the Manufacturing Industry PDF Author: Dr. Hyacinth Nwachukwu
Publisher: AuthorHouse
ISBN: 1524607029
Category : Business & Economics
Languages : en
Pages : 86

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Book Description
This study involved an exploration of the impact of organizational capital investment on employee innovation in the manufacturing industry. The overarching question was: Does organizational capital investment impact employee innovation in the manufacturing industry? Organizations tend to place much emphasis on how skill drives innovation, but not on how capital investment impact employee innovation. The research was guided using a qualitative phenomenological case study design to probe the impact of capital investment on employee innovation. Participants were selected through a convenience and purposive sampling method using the researchers personal professional network as well as the snowball method to seek participants from individuals referrals. Data collection involved personal interviews, audio recording, and note taking. The assumption was that employee innovation is not an option but a necessity, because organizations compete on global fronts for resources and market share. Consequently, capital investment in machinery and employee innovation becomes symbiotic in nature, not mutually exclusive. Results showed employee innovation can be impacted and enhanced through the acquisition and application of appropriate technological capital investment. The researcher recommends further research to ascertain whether the amount of organizational capital investment is proportional to the development of employee innovativeness.

Firm Innovation and Productivity in Latin America and the Caribbean

Firm Innovation and Productivity in Latin America and the Caribbean PDF Author: Inter-American Development Bank
Publisher: Springer
ISBN: 1349581518
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Handbook on Constructing Composite Indicators: Methodology and User Guide

Handbook on Constructing Composite Indicators: Methodology and User Guide PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264043462
Category :
Languages : en
Pages : 162

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Book Description
A guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. In particular, this handbook is concerned with indicators which compare and rank country performance.

The Oxford Handbook of Innovation Management

The Oxford Handbook of Innovation Management PDF Author: Mark Dodgson
Publisher:
ISBN: 019969494X
Category : Business & Economics
Languages : en
Pages : 722

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Book Description
While innovation is widely recognised as being critical to organisational success and the well-being of societies, it requires careful management to ensure that innovation processes have the best possible impact. This volume provides a wide range of perspectives on the nature of innovation management and its influences.

Innovation and research strategy for growth

Innovation and research strategy for growth PDF Author: Great Britain: Department for Business, Innovation & Skills
Publisher: The Stationery Office
ISBN: 9780101823920
Category : Business & Economics
Languages : en
Pages : 106

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Book Description
The UK has the potential to be world leader in innovation. The strength of UK universities and the wider knowledge base is a national asset being the most productive in the G8. But the challenges are great. To succeed in the global innovation economy, the UK must strengthen its ability to accelerate the commercialization of emerging technologies, and to capture the value chains linked to these. We have already made clear our commitment by maintaining the annual £4.6 billion budget for science and research programmes, with £150 million each year support university-business interaction. The UK's universities are increasingly collaborating with each other and with external organization to develop and commercialise knowledge, last year securing over £3 billion from external sources. This paper outlines a series of measures to make it easier for individuals, businesses and the public sector to innovate alone or in partnership. As part of a package of support the Government is relaunching the popular Smart brand and will increase the funding to the Technology Strategy Board. Research Councils UK will establish a principles-based framework for the treatment and submission of multi-institutional funding bids. Also the Government will continue to look for other ways to encourage more relationships between universities and business and will work with NESTA to establish a price centre to run, design and facilitate new inducement prices. The Government has also commissioned independent groups of academics and publishers to review the availability of published research, and to develop action plans for making this freely available. It will also create an Open Data Institute to develop semantic web technologies.