Emerging economies and investment in intellectual capital in crisis time: The case of Russia
Journal: Russian Journal of Economics
Year: 2023

Emerging economies have specific characteristics that condition the use of intellectual capital. The economic crisis has had important consequences for emerging countries. The investments in intellectual capital could slow down this influence. This paper uses a new model for assessing the effects of an investment in intellectual capital on the performance of Russian companies in a period of crisis. The model is applied in Russian companies with data from 1,096 companies for the period 2004–2014