The characteristics and incentives of corporate intangible investment plans in Hungary
Abstract
Intangible investments play an increasingly important role in economic growth, making their analysis particularly relevant from a development policy perspective. Using statistical analysis of corporate survey data, this study examines the main dividing lines in intangible investment intentions within the Hungarian corporate sector between 2019 and 2024. Using logistic regression estimates, the firm-level factors that support such investment plans are identified. Among the hypotheses derived from international empirical research, the study confirms that larger firm size increases the likelihood of investing in intangible assets, firm age has no detectable effect, and the tertiary sector exhibits a higher-than-average level of openness. In addition to a development-centred, growth-oriented corporate attitude, previous experience in the field of intangible development strongly influences future investment intentions, a factor that development policy must not overlook, especially given that a decline in investment appetite has been observed since 2020.
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