The role played by Deligne-Beilinson cohomology in establishing the relation between Chern-Simons theory and link invariants in dimensions higher than three is investigated. Deligne-Beilinson cohomology classes provide a natural abelian Chern-Simons
action, non trivial only in dimensions $4l+3$, whose parameter $k$ is quantized. The generalized Wilson $(2l+1)$-loops are observables of the theory and their charges are quantized. The Chern-Simons action is then used to compute invariants for links of $(2l+1)$-loops, first on closed $(4l+3)$-manifolds through a novel geometric computation, then on $mathbb{R}^{4l+3}$ through an unconventional field theoretic computation.
