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

Harris, R.; Moffat, J.

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Authors



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

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Published Journal Article (Advance online version) (1 Mb)
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Publisher Licence URL
http://creativecommons.org/licenses/by/4.0/

Copyright Statement
Advance online version &copy; 2021 The Author(s). Published by Informa UK Limited, trading as Taylor &amp; Francis Group.<br /> This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.





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