Intangible differencesInvestment during the pandemic and the role of financial constraints

EIB Investment Survey data is used to investigate and compare how the pandemic affected investment in both tangible and intangible assets by European firms. The COVID-19 crisis triggered a reduction in investment by European firms, affecting both tangible assets like buildings and machinery, and investments in intangible assets like research and development (R&D) and training. This paper uses

Source: op.europa.eu