000			01675 a2200169 4500
999			_c25780 _d25780
020			_a9780691192475
082			_a338.5 _bHAS-C
100			_aHaskel, Jonathan
100			_aWestlake, Stian
245			_aCapitalism without capital _b: the rise of the intangible economy
260			_bPrinceton University Press _c2018
300			_axiii, 278p.
504			_aIncludes bibliographical references 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, 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"
650			_aIntangible property _vEconomic aspects _vCapitalism _vEconomic forecasting _vDeveloped countries
942			_2ddc _cBK