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Intangible capital and business productivity in the hotel industry

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Intangible capital and business productivity in the hotel industry

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dc.contributor.author Rico Belda, Paz
dc.contributor.author Cabrer Borrás, Bernardí
dc.contributor.author Benavides Espinosa, María del Mar
dc.date.accessioned 2022-05-04T13:55:18Z
dc.date.available 2022-05-04T13:55:18Z
dc.date.issued 2020
dc.identifier.citation Rico Belda, Paz Cabrer Borrás, Berdardí Benavides Espinosa, María del Mar 2020 Intangible capital and business productivity in the hotel industry International Entrepreneurship And Management Journal 16 691 707
dc.identifier.uri https://hdl.handle.net/10550/82569
dc.description.abstract Intangible capital is a key factor of productivity growth. This paper analyses how the internal intangible capital of the company and external intangible capital influence its productivity. This contribution focuses on the hotel industry since it is a key industry of the Spanish economy, such that any increase in its productivity has an impact on the entire economy. Both, the intangible capital of the company and that of the region in which the company is located are considered as determinants of productivity. Likewise, the importance of other agglomeration economies in the productivity of hotel companies is taken into account. A model estimates firm level determinants of productivity, controlling for regional characteristics that include intangible capital. The findings suggest that, as expected, investment of innovation by hotel companies and regions positively affects company productivity. In addition, there is evidence of the presence of agglomeration economies, both in specialization and urbanization economies. Also, the elasticity of the intangible capital itself is higher in smaller hotel companies.
dc.language.iso eng
dc.relation.ispartof International Entrepreneurship And Management Journal, 2020, num. 16, p. 691-707
dc.subject Economia
dc.subject Turisme
dc.title Intangible capital and business productivity in the hotel industry
dc.type journal article es_ES
dc.date.updated 2022-05-04T13:55:18Z
dc.identifier.doi 10.1007/s11365-019-00614-4
dc.identifier.idgrec 137990
dc.rights.accessRights open access es_ES

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