Intangible Assets. A Necessary Investment for Spain´s Economic Growth
The speed with which the Spanish economy was racing towards the EU average has been slowed by the intensity and duration of the present crisis. This greater vulnerability is largely a reflection of the still limited contribution of the knowledge economy to Spain's GDP.
For this contribution to grow, investment must be made not only in tangible capital but also, and especially, in intangible capital, which includes ICT capital and assets linked to intellectual property (research, technological development and innovation, design, creativity), and economic skills must be improved (image and brand, organisational innovation and specific training for company employees).