Intangible Capital Investment & Its Effects on Economic Growth: An Evidence from Asian Nations

Abstract

The research is an attempt to describe the impact of intangible capital and its effects on economic growth using a panel analysis from 1995-2013 in 37 Asian economies. The analysis proves that increasing investment in different forms of intangible capital and its injection to business activities enhances growth pattern of the economy and higher profits in the long run. With the enrichment in human capital with education it helps the countries to absorb new and  better technology which flow with FDI easily for value creation and competitiveness in goods and services.