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This Software is Released Under GNU GPL License Version 3.

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Title FB1 Capitalism without Capital: The Rise of the Intangible Economy
Edition
Call Number 657.07 HAS c
ISBN/ISSN 9780691183299
Author(s) Jonathan Haskel
Subject(s)
Classification 657.07 HAS c
Series Title
GMD Text
Language English
Publisher Princeton University Press
Publishing Year 2018
Publishing Place
Collation 296 pages
Abstract/Notes 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.
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