Title | Industry-level Expenditure on Intangible Assets in the UK |
Author | Valentina Gil, Jonathan Haskel |
Year | 2008 |
Abstract | We present data on expenditure on intangible assets for the UK market sector for six industries over the last decade or so (data availability allowing). The sectors are (1) Agriculture, Fishing and Mining; (2) Manufacturing; (3) Electricity, Gas and Water; (4) Construction; (5) Wholesale and Retail, Hotels and Restaurants, Transport and Communications; (6) Financial Intermediation and Business Services. We use new methods relative to previous work particularly in advertising and design. Our main findings are as follows. First, overall intangible expenditure was, in 2004, around £152bn (investment was £92bn). Second, to give an illustration of the manufacturing results, in 2004 manufacturing intangible investment was £30bn and tangible £12bn and intangible, a ratio of 2.5 to 1 up from 1.2 to 1 in 1977. So whilst the ratio of manufacturing tangible investment to value added has been falling, the ratio of manufacturing intangible investment to value added has been rising, leaving the overall ratio about the same. Third, manufacturing accounted in 2004 for 12% of total tangible investment and 31% of total intangible investment. |
DownloadInfo | Industry-level Expenditure on Intangible Assets in the UK* |
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I | Attachment | Action | Size | Date | Who | Comment |
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GilHaskel_Nov_08.pdf | manage | 411.6 K | 18 Nov 2008 - 14:29 | JonathanHaskel | |
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Haskel_Innov_Index_Sheffield_Nov08-1.ppt | manage | 695.5 K | 21 Nov 2008 - 12:05 | JonathanHaskel | |
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Intang_Report_for_DTI_Nov08-1.pdf | manage | 411.8 K | 21 Nov 2008 - 12:14 | JonathanHaskel | |
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intangibles_expenditure_and_invstement_data.xls | manage | 34.0 K | 20 Nov 2008 - 15:36 | JonathanHaskel |