Welcome to the cross-country intangible investment data website
, 18/August/14: new data on intangible investment by industry
, and a new paper
, added below.
INTAN-Invest provides market sector data on intangible assets for 27 EU countries plus Norway and the US. The following paper, which we would be grateful if you could cite when using the data, describes the methods and sources used to build the estimates (click on the paper title to download):
Corrado, Carol; Jonathan Haskel, Cecilia Jona-Lasinio and Massimiliano Iommi, (2012), "Intangible Capital and Growth in Advanced Economies: Measurement Methods and Comparative Results" Working Paper, June, available at http://www.intan-invest.net.
A brief description of the data is as follows:
Downloadable data files:
- The countries are, where available,
- EU countries
- Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany (including ex-GDR from 1991), Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom,
- INTAN-Invest market sector data cover NACE sectors A through K (excluding real estate) plus sector O. Note that EUKLEMS includes, in addition to this, sector P (private households) in its market sector data. Unlike EUKLEMS, INTAN-Invest data at the industry level are not available.
- Data are for 1995-2010 or most recent year available.
- The intangible assets are described in the paper cited above, section 3.1. They are:
- computerised information: software and databases
- innovative property: R&D; design; product development in financial services; mineral exploration and spending on the production of artistic originals
- economic competencies: market research; advertising: training: organisational capital (own account and purchased).
- Data use harmonized software deflators, that is, software deflators calculated consistently across countries. See paper for description.
- Nominal investment. Nominal investment. This is described in section 3.2 of the paper. Detailed information on sources is in the paper's appendix.
- Net capital stocks real. This is built from a perpetual inventory method using the nominal investment data and deflators and depreciation, described in section 3.3. and 3.4 of the paper.
- Net capital stocks nominal. This is built from a perpetual inventory method using the nominal investment data and depreciation, described in section 3.3. and 3.4 of the paper.
- Price deflators for intangible investment: harmonized software deflators, described in section 3.2 of the paper.
- Other data: value added consistent with new intangibles treated as investment, hours worked, investment in tangible assets and total economy GDP.
- Nominal investment - EU aggregates: nominal investment for the EU areas.
INTAN-Invest estimates are the authors' own elaboration of work they previously conducted under three projects: two funded by the European Commission 7th Framework Program (COINVEST
, which ran from 1 April 2008 to 30 September 2010, and INNODRIVE
, which ran from 1 March 2008 to 1 April 2011) and an ongoing effort of The Conference Board
If you have any questions, you can send an e-mail to firstname.lastname@example.org
Other intangible databases
Kyoji Fukao, Shoichi Hisa and Tsutomu Miyagawa provided estimates of intangible investment for Japan. The data
can be found on the RIETI JIP 2012