000 03758nam a2200385Ia 4500
001 2458
008 230305s2018 xx 000 0 und d
020 _a9780691183299
043 _aen_UK
041 _aeng
245 0 _aCapitalism without capital
260 _a
_bPrinceton University Press,
_c2018
500 _athe rise of the intangible economy
505 _aPart I. The rise of the intangible economy
_rCapital's vanishing act--
_rHow to measure intangible investment--
_rWhat's different about intangible investment? The four S's of intangibles--
_rPart II. The consequences of the rise of the intangible economy--
_rIntangibles, investment, productivity, and secular stagnation--
_rIntangibles and the rise of inequality--
_rInfrastructure for intangibles, and intangible infrastructure--
_rThe challenge of financing and intangible economy--
_rCompeting, managing, and investing in the intangible economy--
_rPublic policy in an intangible economy: five hard questions--
_rSummary, conclusion, and the way ahead.--
520 _aThe first comprehensive account of the growing dominance of the intangible economy ; ; Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. ; ; But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the big economic changes of the last decade. The rise of intangible investment is, Jonathan Haskel and Stian Westlake argue, an underappreciated cause of phenomena from economic inequality to stagnating productivity. ; ; Haskel and Westlake bring together a decade of research on how to measure intangible investment and its impact on national accounts, showing the amount different countries invest in intangibles, how this has changed over time, and the latest thinking on how to assess this. They explore the unusual economic characteristics of intangible investment, and discuss how these features make an intangible-rich economy fundamentally different from one based on tangibles. ; ; Capitalism without Capital concludes by presenting three possible scenarios for what the future of an intangible world might be like, and by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies. ; ; Jonathan Haskel is professor of economics at Imperial College Business School. Stian Westlake is a senior fellow at Nesta, the UK's national foundation for innovation. Haskel and Westlake are cowinners of the 2017 Indigo Prize.
630 _aHF COMMERCE
_914
650 _aBusiness & Economics - General
_910878
650 _aBusiness Free Enterprise
_910879
650 0 _aOrganizational behavior
_92566
650 _aBusiness Development Development
_910881
650 0 _aEconomic history
_95315
650 _aIntangible property
_xEconomic aspects
_910883
650 _aCapitalism
_xForecasting
_910884
650 _aEconomic forecasting
_95588
650 _a
_912
700 _aWestlake, Stian
_eAuthor
_910885
700 _aHaskel, Jonathan
_eAuthor
_910886
902 _a523
905 _am
911 _ahttps://biblioteca.tbs-education.es/portadas/9780691183299.jpg
912 _a2018-01-01
942 _a1
953 _d2019-02-18 18:26:57
999 _c2378
_d2378