Capitalism without capital : the rise of the intangible economy / by Jonathan Haskel and Stian Westlake
By: Haskel, Jonathan.
Contributor(s): Westlake, Stian.Publisher: Princeton, N.J. : Princeton University Press, 2018Description: x, 278 p. : ill. ; 1 electronic resource.ISBN: 9780691175034.Subject(s): Intangible assets | Economy | InvestmentsOnline resources: Download as an eBook
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THE RISE OF THE INTANGIBLE ECONOMY: Capital's vanishing act -- How to measure intangible investment -- What's different about intangible investment? The four S's of intangibles. THE CONSEQUENCES OF THE RISE OF THE INTANGIBLE ECONOMY: Intangibles, investment, productivity, and secular stagnation -- Intangibles and the rise of inequality -- Infrastructure for intangibles, and intangible infrastructure -- The challenge for financing an intangible economy -- Competing, managing, and investing in the intangible economy -- Public policy in an intangible economy - five hard questions -- Summary, conclusion, and the way ahead.
Demonstrates the growing role of intangible assets in our modern economy. Explores the economic characteristics of intangible investment and discusses why this is different from an economy based on tangibles. Presents three possible future scenarios for an intangible world.