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The Impact of Investments in Intangible Assets and Implications on SMEs’ Performance. A Systematic Literature Review

Author

Listed:
  • Roxana-Gabriela Mozolea

    ("Alexandru Ioan Cuza" University of Iasi)

  • Sorin Gabriel Anton

    ("Alexandru Ioan Cuza" University of Iasi)

Abstract

Investments in intangible assets have become a strategic approach that has led to numerous benefits and boosts the firms’ performance. Academics have studied the process, but there is no complete picture of how intangible resources impact SMEs’ performance, this being the main motivation of the paper. The methodology applied is a systematic literature review and it consisted in applying a pre-selected criterion for retrieving the articles from the Web of Science database. The analysis showed that the impact of investments in intangible assets and implications on SMEs existing literature can be divided into six general lines of research. Scholars can use the study as a starting point to fill in research gaps relating to the relationship between intangible assets and SMEs’ performance, while practitioners can use the data to determine the effects of this type of investment and how to use efficiently SMEs’ resources.

Suggested Citation

  • Roxana-Gabriela Mozolea & Sorin Gabriel Anton, 2021. "The Impact of Investments in Intangible Assets and Implications on SMEs’ Performance. A Systematic Literature Review," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1060-1071, December.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:2:p:1060-1071
    as

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    References listed on IDEAS

    as
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    4. Paulo Maçãs Nunes & Alcina Almeida, 2009. "The quadratic relationship between intangible assets and growth in Portuguese SMEs," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 11(25), pages 151-158, February.
    5. Anderson, Brian S. & Eshima, Yoshihiro, 2013. "The influence of firm age and intangible resources on the relationship between entrepreneurial orientation and firm growth among Japanese SMEs," Journal of Business Venturing, Elsevier, vol. 28(3), pages 413-429.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    intangible assets; systematic literature review; SMEs; performance; intangible resources;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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