Determinants of intangible capital investment in Vietnam: A firm‐level analysis

• Published in: World economy Vol. 47; no. 3; pp. 1055 - 1088
• Main Authors: Li, Qing, Vo, Long Hai
• Format: Journal Article
• Language: English
• Published: Oxford Blackwell Publishing Ltd 01.03.2024
• Subjects: Capital investments; Communications technology; Competition; Developing countries; Economic analysis; Human capital; Information technology; innovation; Innovations; intangible capital investment; Investments; LDCs; Markets; Vietnamese firms

Intangible capital is an important growth driver in the modern knowledge‐based and innovation‐driven economy. While there seems to be sufficient support for the role of intangible capital from developed economies, evidence from fast‐growing developing countries is much more limited. This paper explo...