The growth of enterprise intangible investment in Australia

被引:24
作者
Webster, E [1 ]
机构
[1] Univ Melbourne, Melbourne Inst Appl Econ & Social Res, Parkville, Vic 3052, Australia
关键词
investment; intangible; capital; Australia; development;
D O I
10.1016/S0167-6245(99)00024-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
Firms can invest in two types of capital good: tangible commodities such as plant and equipment and intangible commodities such as training and staff development, innovation, marketing, management expertise and workplace relations. Compared with the former, the analysis and measurement of the latter has been relatively neglected. This paper is an attempt to measure the relative growth in aggregate intangible capital and investment since the 1950s. One of the measures calculated suggests that intangible enterprise capital as a ratio of all enterprise capital has grown at an average annual rate of 1.25% over the 50 years to 1998. (C) 2000 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:1 / 25
页数:25
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