The impact of the COVID-19 pandemic on the level and distribution of intangibles investment in the UK

Harris, R.; Moffat, J.

Abstract

This paper investigates trends in intangibles investment since the onset of the COVID-19 pandemic in the United Kingdom. Responses from an online survey show that investment in R&D has dropped substantially for many firms but that over 40% of firms increased their ICT investment, which is likely to reflect the need to facilitate remote working and customer engagement. Industry is a major predictor of the change in intangibles investment. This is consistent with expectations in light of the different effect that measures to contain the pandemic have had across industries.

Citation

Harris, R., & Moffat, J. (2022). The impact of the COVID-19 pandemic on the level and distribution of intangibles investment in the UK. Applied Economics Letters, 29(13), 1238-1242. https://doi.org/10.1080/13504851.2021.1954591

• Journal Article Type: Article
• Acceptance Date: Jul 7, 2021
• Online Publication Date: Jul 20, 2021
• Publication Date: 2022
• Deposit Date: Jul 12, 2021
• Publicly Available Date: Aug 5, 2021
• Journal: Applied Economics Letters
• Print ISSN: 1350-4851
• Electronic ISSN: 1466-4291
• Publisher: Taylor and Francis Group
• Peer Reviewed: Peer Reviewed
• Volume: 29
• Issue: 13
• Pages: 1238-1242
• DOI: https://doi.org/10.1080/13504851.2021.1954591
• Public URL: https://durham-repository.worktribe.com/output/1245316