Innovation, Intangibles and Economic Growth: Towards A Comprehensive Accounting of the Knowledge Economy
Bart van Ark
Charles R. Hulten
An earlier version of this paper was presented at a seminar on "Measurement of capital: beyond the traditional measures" at Conference of European Statisticians, 12 June 2007, Geneva; and at a conference on “Productivity and Innovation” organized by Statistics Sweden, October 24–25 2007, Grand Hotel, Saltsjöbaden. We are grateful to the participants for in these seminars for their comments. We also express our gratitude to our coauthors in the original projects underlying this paper, notably Marcel Timmer and Mary O’Mahony as concerning the EU KLEMS work, and Carol Corrado and Dan Sichel concerning the intangibles analysis for the United States. Any errors in this paper are of course entirely ours.
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