Editorial

Over the past 15 years, intangibles have emerged as an important source of growth and innovation. Several national and international institutions have emphasized their importance: the OECD, the European Commission, the World Bank, METI in Japan and BNDES in Brazil, among others (Bounfour and Miyagawa, 2015). According to the OECD (OECD, 2013), knowledge-based capital accounts for 5–11% of GDP in most member countries, and play a greater role in productivity growth than tangible capital. At the firm level, the resource-based view (Barney, 1991; Wernerfelt, 1984) as well as the dynamic capabilities approach (...