000			02492cam a2200277 i 4500
008			180430t20182018nju b 001 0 eng d
020			_a9780691183299
020			_a9780691175034(cloth)
040			_aBTCTA _cBTCTA
050	0	0	_aHF5681.I55 _bH37 2018
082	0	4	_a330.122 _bHAS
100	1		_aHaskel, Jonathan,
245	1	0	_aCapitalism without capital : _bthe rise of the intangible economy /
260			_aNew Jersey _bPrinceton University Press _c2018
300			_ax, 278 pages ;
504			_aIncludes bibliographical references (pages 243-265) and index.
520			_a"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."--Jacket flap.
590			_aosc 08/01/2019, ijb, 28/01/2019
591			_aLoans
650		0	_aIntangible property
650		0	_aCapitalism
650		0	_aEconomic forecasting.
700	1		_aWestlake, Stian,
942			_2ddc _cBOOK
949			_a330.122 HAS
999			_c11126 _d11126