Ahmed Bounfour recently coedited a special section on “New spectrum of intangible assets” in Science and Public Policy and published a paper on “Business agility, intangible capital, and economic performance during the Covid-19 crisis,” co-authored with Alberto Nonnis, in Science and Public Policy, Volume 52, Issue 6, December 2025: 941–949.
Abstract: This paper studies the impact of business agility on the economic performance of European firms, with regards to their response to the Covid-19 pandemic. Using generalized structural equation modelling, we assess the role of intangible investment in improving firms’ organizational capabilities, and in turn their effect on firms’ performance, measured by turnover change after the pandemic. Building on a recent firm-level survey, several indicators of agility are considered, while six types of intangibles are taken into account. We find that agility was effective in enhancing economic performance during the crisis. Moreover, intangible capital not only confirms its role as driver of productivity but is also found to be an important determinant for agility.
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