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The Impact of Intangible Assets on the Output of SMEs’ Growth and Labor Productivity

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  • Oncioiu Ionica

    (Titu Maiorescu University)

Abstract

When the SMEs’ competitive advantage is based on intangible assets, the SMEs’ economic activity depends greatly on the innovation capabilities of the recipients of the knowledge because knowledge tends to be developed in the actual contexts. The purpose of this paper is to analyse the impact of intangible assets on the output of SMEs’ growth and labour productivity. Also, it intends to answer the following question: is it important for Romanian SMEs to improve intangible assets’ potential, labour productivity and operational innovation excellence? Thereby, we will highlight these two phenomena and draw on the available empirical evidence to explain them. In our analysis we will focus on the Romanian SMEs.

Suggested Citation

  • Oncioiu Ionica, 2014. "The Impact of Intangible Assets on the Output of SMEs’ Growth and Labor Productivity," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 386-391, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:386-391
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    More about this item

    Keywords

    labour productivity; SMEs;

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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