Capitalism without capital : the rise of the intangible economy
(Book)
Author
Contributors
Westlake, Stian, author.
Published
Princeton : Princeton University Press, [2018].
ISBN
9780691175034, 0691175039
Physical Desc
x, 278 pages : illustrations ; 25 cm
Status
Description
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Copies
Location | Call Number | Status | Due Date |
---|---|---|---|
Adult Nonfiction (3rd floor) | NF 338.5 HASKEL 2018 | Checked Out | April 28, 2024 |
More Details
Published
Princeton : Princeton University Press, [2018].
Format
Book
Language
English
ISBN
9780691175034, 0691175039
Notes
Bibliography
Includes bibliographical references (pages 243-265) and index.
Description
"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.
Action
cc,2018-01-17,TB
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Citations
APA Citation, 7th Edition (style guide)
Haskel, J., & Westlake, S. (2018). Capitalism without capital: the rise of the intangible economy . Princeton University Press.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Haskel, Jonathan and Stian, Westlake. 2018. Capitalism Without Capital: The Rise of the Intangible Economy. Princeton University Press.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Haskel, Jonathan and Stian, Westlake. Capitalism Without Capital: The Rise of the Intangible Economy Princeton University Press, 2018.
MLA Citation, 9th Edition (style guide)Haskel, Jonathan,, and Stian Westlake. Capitalism Without Capital: The Rise of the Intangible Economy Princeton University Press, 2018.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.