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COINVEST : Competitiveness, Innovation and Intangible Investment in Europe Brussels

COINVEST : Competitiveness, Innovation and Intangible Investment in Europe Brussels 28 th January 2010 Annarosa Pesole, Imperial College London. Project funded by the European Commission under the Seventh Framework Programme Grant No 217512 www.coinvest.org. Two big questions. Activity

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COINVEST : Competitiveness, Innovation and Intangible Investment in Europe Brussels

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  1. COINVEST:Competitiveness, Innovation and Intangible Investment in Europe Brussels 28th January 2010 Annarosa Pesole, Imperial College London Project funded by the European Commission under the Seventh Framework ProgrammeGrant No 217512 www.coinvest.org

  2. Two big questions • Activity • Can we better measure new economy/knowledge economy/innovation activity? • Effect of that activity • What are the effects of this activity on output, productivity, employment etc.

  3. Ratio Intangible/tangible investment

  4. Share of investment on GDP, 2006

  5. Intangible assets contribution to labour productivity growth: • UK: 0.7 pp over the period 1995-2006 MHW(2009) • France: 0.5 pp over the period 1995-2006 HMV(2008) • Germany: 0.4 pp over the period 1995-2006 HMV(2008)

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