Intangible Capital

Author : Mary Adams,Michael Oleksak
Publisher : Bloomsbury Publishing USA
Page : 192 pages
File Size : 42,8 Mb
Release : 2010-05-05
Category : Business & Economics
ISBN : 9780313380754

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Intangible Capital by Mary Adams,Michael Oleksak Pdf

A practical guide to leveraging hidden knowledge intangibles to fuel growth and innovation and add value to your business. Intangible Capital: Putting Knowledge to Work in the 21st-Century Organization is for every manager struggling to succeed and innovate in today's knowledge-based economy. This must-have handbook helps businesspeople build smarter, more successful companies by maximizing the knowledge that is already inside their organizations. Most businesspeople have heard of the growing importance of knowledge workers, information technology, innovation, networks, reputation, and performance management. Like no other guidebook, Intangible Capital shows how each of these trends fit into an overall discipline of intangibles management. The book takes the ten basic building blocks of traditional, industrial-era businesses and defines their knowledge-era equivalents—intangibles as the new raw material, intellectual capital (IC) as the new production line, IC assessment as the new balance sheet, and networks as the new organizational chart. This approach provides a clear road map for managers adapting to the realities of business today, one that helps translate the new world of the knowledge-based economy into understandable terms and ready-to-implement ideas.

Author : Jonathan Haskel,Stian Westlake
Publisher : Princeton University Press
Page : 292 pages
File Size : 54,5 Mb
Release : 2018-10-16
Category : Business & Economics
ISBN : 9780691183299

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Capitalism without Capital by Jonathan Haskel,Stian Westlake Pdf

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, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, 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 larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

Author : Robert F. Reilly,Robert P. Schweihs
Publisher : John Wiley & Sons
Page : 784 pages
File Size : 40,6 Mb
Release : 2016-11-07
Category : Business & Economics
ISBN : 9781937352257

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Guide to Intangible Asset Valuation by Robert F. Reilly,Robert P. Schweihs Pdf

The highly experienced authors of the Guide to Intangible Asset Valuation define and explain the disciplined process of identifying assets that have clear economic benefit, and provide an invaluable framework within which to value these assets. With clarity and precision the authors lay out the critical process that leads you through the description, identification and valuation of intangible assets. This book helps you: Describe the basic types of intangible assets Find and identify intangible assets Provide guidelines for valuing those assets The Guide to Intangible Asset Valuation delivers matchless knowledge to intellectual property experts in law, accounting, and economics. This indispensable reference focuses strictly on intangible assets which are of particular interest to valuation professionals, bankruptcy experts and litigation lawyers. Through illustrative examples and clear modeling, this book makes abstract concepts come to life to help you deliver strong and accurate valuations.

Author : John F. Tomer,Bart Eikelenboom
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 54,8 Mb
Release : 2008
Category : Business & Economics
ISBN : UOM:39015079238518

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Intangible Capital by John F. Tomer,Bart Eikelenboom Pdf

Despite increasing research efforts, there is still much confusion regarding the nature and contribution of the most intangible forms of capital. This book develops a comprehensive and unifying conception of intangible capital in order to understand its role with respect to economic growth, well-being, and rationality. As the book illustrates, utilizing the intangible capital concept enables many new and important economic insights. Intangible capital is defined to include standard human capital, noncognitive human capital (including personal capital), social capital, and other intangible manifestations of human capacity. Understanding intangible capital is a key to realizing the full human potential of our economic systems. Explaining how the main components of intangible capital contribute to economic growth, this book will be of great interest to social scientists in the fields of heterodox, behavioural and social economics, social capital, HRM, and economic and organizational change. It will also be of considerable value to government policymakers and business managers interested in the role and implications of intangible capital and intangible assets for productivity, growth and the performance of firms. Philosophers and psychologists, among others, should find the chapters dealing with intangible capital in relation to well-being and rationality of particular interest.

Author : Juergen H. Daum
Publisher : John Wiley & Sons
Page : 444 pages
File Size : 43,8 Mb
Release : 2003-07-11
Category : Business & Economics
ISBN : 9780470859230

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Intangible Assets and Value Creation by Juergen H. Daum Pdf

With the use of practical in-depth case studies and interviews with leading experts in the field, this book analyses the key elements in value creation in the new age. It provides practical guidance to organisations that will allow them to migrate successfully into an economy that demands new business models.

Author : Andrew J. Sherman
Publisher : AMACOM Div American Mgmt Assn
Page : 289 pages
File Size : 51,7 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780814416990

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Harvesting Intangible Assets by Andrew J. Sherman Pdf

Attorney and author Andrew J. Sherman approaches business using a simple, attractive metaphor: Businesspeople are farmers - or, at least, they should be. Entrepreneurs and executives should take a long-range, comprehensive approach to their endeavors, and recognize that time and acquired knowledge play large roles in profitability. Sherman overworks his symbolism, threatening to exhaust its soil, but his images of planting, toiling and reaping succeed as reminders of the approach he wants readers to take. getAbstract recommends his counsel to innovators and those managing innovation, and to leaders seeking a unified organizational vision.

Author : Carol Corrado,John Haltiwanger,Daniel Sichel
Publisher : University of Chicago Press
Page : 602 pages
File Size : 53,8 Mb
Release : 2009-02-15
Category : Business & Economics
ISBN : 9780226116174

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Measuring Capital in the New Economy by Carol Corrado,John Haltiwanger,Daniel Sichel Pdf

As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.

Author : Nazim Belhocine
Publisher : International Monetary Fund
Page : 30 pages
File Size : 43,9 Mb
Release : 2009-11-01
Category : Business & Economics
ISBN : 9781451873979

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The Stock of Intangible Capital in Canada by Nazim Belhocine Pdf

This paper measures the size of the stock of intangible capital in Canada using newly released data on the market value of all securities in the economy. The approach taken relies on a quantitative application of the q-theory of investment to generate the quantity of capital owned by firms. I find that the intangible capital stock accounted for approximately 30% of overall capital since 1994. Of this intangible capital stock, the R&D reported by national accounts makes up only 23%. In addition, the finding on the magnitude of the intangible capital stock is comparable to that reported using a cost approach, confirming the size and the relevance of intangibles to macroeconomic models.

Author : Jonathan Haskel,Stian Westlake
Publisher : Princeton University Press
Page : 320 pages
File Size : 42,8 Mb
Release : 2023-10-03
Category : Business & Economics
ISBN : 9780691236032

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Restarting the Future by Jonathan Haskel,Stian Westlake Pdf

From the acclaimed authors of Capitalism without Capital, radical ideas for restoring prosperity in today’s intangible economy The past two decades have witnessed sluggish economic growth, mounting inequality, dysfunctional competition, and a host of other ills that have left people wondering what has happened to the future they were promised. Restarting the Future reveals how these problems arise from a failure to develop the institutions demanded by an economy now reliant on intangible capital such as ideas, relationships, brands, and knowledge. In this groundbreaking and provocative book, Jonathan Haskel and Stian Westlake argue that the great economic disappointment of the century is the result of an incomplete transition from an economy based on physical capital, and show how the vital institutions that underpin our economy remain geared to an outmoded way of doing business. The growth of intangible investment has slowed significantly in recent years, making the world poorer, less fair, and more vulnerable to existential threats. Haskel and Westlake present exciting new ideas to help us catch up with the intangible revolution, offering a road map for how to finance businesses, improve our cities, fund more science and research, reform monetary policy, and reshape intellectual property rules for the better. Drawing on Haskel and Westlake’s experience at the forefront of finance and economic policymaking, Restarting the Future sets out a host of radical but practical solutions that can lead us into the future.

Author : The late Michèle A. Pujol
Publisher : Edward Elgar Publishing
Page : 142 pages
File Size : 42,5 Mb
Release : 1999-05-26
Category : Social Science
ISBN : 1782543775

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Feminism and Anti-feminism in Early Economic Thought by The late Michèle A. Pujol Pdf

'I had the privilege and pleasure of supervising the Ph.D. dissertation from which the present book originated. Its author, Beth Webster, was independent, critical in a positive way and original. She acquired a most thorough knowledge and mastery of the relevant literature. She recognized early on the growing importance, both qualitatively and quantitatively, of investment in intangible assets in modern economic processes. She set about developing an appropriate framework, drawing on Kalecki's insights in particular, within which to analyse the issues involved. The outcome is the present book - which is original, relevant, comprehensive and a pleasure to read.' - G.C. Harcourt, University of New South Wales, Australia

Author : Schiuma, Giovanni
Publisher : IGI Global
Page : 350 pages
File Size : 46,5 Mb
Release : 2010-11-30
Category : Business & Economics
ISBN : 9781609600730

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Managing Knowledge Assets and Business Value Creation in Organizations: Measures and Dynamics by Schiuma, Giovanni Pdf

Managing Knowledge Assets and Business Value Creation in Organizations: Measures and Dynamics provides an advanced, state-of-the-art understanding of the links between the knowledge assets dynamics and the business value creation. This publication focuses on the theory, models, approaches, methodologies, tools and techniques for measuring and managing organizational knowledge assets dynamics supporting and driving business performance improvements. This comprehensive work is a substantial contribution to the field in terms of theory, methodology and applications to replicate, support and challenge existing studies and offer new applications of existing theory and approaches.

Author : Felix Roth
Publisher : Springer Nature
Page : 195 pages
File Size : 49,5 Mb
Release : 2022
Category : Economic development
ISBN : 9783030861865

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Intangible Capital and Growth by Felix Roth Pdf

For several decades now, advanced economies across the globe have been undergoing a process of rapid transformation towards becoming knowledge economies. It is now widely recognized that intangible capital has been a crucial element in the growth performance of these economies and their firms. In the author's view, "intangible capital" serves as the most appropriate umbrella term for capturing several dimensions of capital that are not tangible in nature but are nevertheless fundamentally important for growth. The term encompasses investments in education (human capital) and in informal (social capital) and formal (rule of law) institutions by the public sector and households, as well as investments by businesses aimed at enhancing their knowledge base, such as software, innovative property, and economic competencies. Intangible Capital and Growth is the first of two open access volumes presenting a selection of the author's essays on Labor Productivity, Monetary Economics, and the Political Economy, which represent the first part of his habilitation in economics. This first volume brings together eight of the author's essays, selected to provide an overview of the evolution of his research on intangible capital and growth [Resumen de la editorial]

Author : Carol Corrado,Charles R. Hulten,Daniel E. Sichel
Publisher : Unknown
Page : 72 pages
File Size : 52,6 Mb
Release : 2006
Category : Economic development
ISBN : UCR:31210021145139

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Intangible Capital and Economic Growth by Carol Corrado,Charles R. Hulten,Daniel E. Sichel Pdf

Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, but our estimates suggest that as much as $800 billion is still excluded from U.S. published data (as of 2003), and that this leads to the exclusion of more than $3 trillion of business intangible capital stock. To assess the importance of this omission, we add capital to the standard sources-of-growth framework used by the BLS, and find that the inclusion of our list of intangible assets makes a significant difference in the observed patterns of U.S. economic growth. The rate of change of output per worker increases more rapidly when intangibles are counted as capital, and capital deepening becomes the unambiguously dominant source of growth in labor productivity. The role of multifactor productivity is correspondingly diminished, and labor's income share is found to have decreased significantly over the last 50 years.

Author : Patrizio Bianchi
Publisher : Routledge
Page : 214 pages
File Size : 43,7 Mb
Release : 2017-11-30
Category : Business & Economics
ISBN : 9781351146999

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The Economic Importance of Intangible Assets by Patrizio Bianchi Pdf

This book is the result of a two-year interdisciplinary research programme named PRISM (Policy making, Reporting and measuring, Intangibles, Skills development and Management), financed by the European Commission and aimed both at understanding better how these assets are created and developed and what the policy implications of their growing importance in economies are. The book focuses on the policy issues raised by the increasing importance of intangible assets in a country's growth and competitiveness. The main idea is that the value of intangible assets, which is imperfectly captured by current economic indicators and imperfectly formalized in economic theory, lies in their being the cumulative elements that keep the economy together - the glue of the system. This argument leads to the focus on networks and social capital as drivers of the development of intangible assets and is illustrated by the case of EU innovation and knowledge diffusion policy.

Author : John R.M. Hand,Baruch Lev
Publisher : OUP Oxford
Page : 558 pages
File Size : 42,9 Mb
Release : 2003-02-20
Category : Electronic
ISBN : 9780191588952

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Intangible Assets : Values, Measures, and Risks by John R.M. Hand,Baruch Lev Pdf