206 KB0 KB200920262022Bavdaž, MojcaCaloghirou, YannisDimitrić, MiraProtogerou, Aimilialetnik:24številka:iss. 3, article 2str. 143-151DOI:10.15458/2335-4216.1308COBISSID_HOST:121642499ISSN:2335-4216URN:URN:NBN:SI:doc-1FYHIGCEenEkonomska fakultetaEconomic and business reviewBalkanCentral and Eastern Europeeconomic growthekonomska rastintangible assetsnematerialne naložbeproductivityproduktivnostsrednja in vzhodna Evropathe BalkansIntangible assets and their impact on economic performance|The paper introduces the topic of intangible assets. It describes the evolution of the concept of intangible assets and the role of these assets in today’s economy. The importance of intangible assets is highlighted through many quantitative estimates of the impact that intangible assets have on economic performance. After reviewing research carried out mainly in the Western economies, the paper concentrates on the research covering the size and impact of intangible investment in the Central and Eastern European (CEE) and Balkan countries. Moreover, the focus shifts to the firm level where the management of intangible assets faces several challenges that range from identification and valuation of intangible assets to leadership of knowledge-intensive firms. Progress at all levels is to some extent hampered by the lack of adequate data, which should be addressed by establishing a standard definition and ensuring more data on intangibles within financial reporting. Bold steps should therefore be made towards better measurement of intangible investment and better use of this source of productivity growthTEXTznanstveno časopisjejournalsSlovenian National E-content AggregatorNational and University Library of SloveniaUniverza v Ljubljani, Ekonomska fakulteta