EIB Working Paper 2021/12 Complementarities in capital formation and production

Using macro and firm-level data, this paper investigates the complementarities between investment in different types of tangible assets such as machinery and buildings, and intangible assets such as software, training of employees, and business process improvements. It finds that investment in diffe...

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Detalles Bibliográficos
Autor Corporativo: European Investment Bank author (author)
Otros Autores: Thum-Thysen, Anna author (author), Voigt, Peter author, Weiss, Christoph author
Formato: Libro electrónico
Idioma:Inglés
Publicado: [s.l.] : European Investment Bank 2021.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009707618706719
Descripción
Sumario:Using macro and firm-level data, this paper investigates the complementarities between investment in different types of tangible assets such as machinery and buildings, and intangible assets such as software, training of employees, and business process improvements. It finds that investment in different assets types tends to be complementary, improving firm performance. Policy measures should address investment bottlenecks arising from market imperfections, while leaving it to the firm to find the most appropriate mix of assets.
Descripción Física:1 online resource (44 p.)
ISBN:9789286151514