Coverart for item
The Resource Capitalism without capital : the rise of the intangible economy, Jonathan Haskel and Stian Westlake

Capitalism without capital : the rise of the intangible economy, Jonathan Haskel and Stian Westlake

Label
Capitalism without capital : the rise of the intangible economy
Title
Capitalism without capital
Title remainder
the rise of the intangible economy
Statement of responsibility
Jonathan Haskel and Stian Westlake
Creator
Contributor
Author
Subject
Language
eng
Summary
"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
Cataloging source
BTCTA
Dewey number
338.5
Illustrations
illustrations
Index
index present
LC call number
HF5681.I55
LC item number
H37 2018
Literary form
non fiction
Nature of contents
bibliography
Label
Capitalism without capital : the rise of the intangible economy, Jonathan Haskel and Stian Westlake
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 243-265) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Part I. The rise of the intangible economy -- Capital's vanishing act -- How to measure intangible investment -- What's different about intangible investment? The four S's of intangibles -- Part II. The consequences of the rise of the intangible economy -- Intangibles, investment, productivity, and secular stagnation -- Intangibles and the rise of inequality -- Infrastructure for intangibles, and intangible infrastructure -- The challenge of financing and intangible economy -- Competing, managing, and investing in the intangible economy -- Public policy in an intangible economy: five hard questions -- Summary, conclusion, and the way ahead
Control code
ocn983824514
Dimensions
25 cm
Extent
x, 278 pages
Isbn
9780691175034
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
System control number
  • (Sirsi) i9780691175034
  • (OCoLC)983824514
Label
Capitalism without capital : the rise of the intangible economy, Jonathan Haskel and Stian Westlake
Publication
Copyright
Bibliography note
Includes bibliographical references (pages 243-265) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
Part I. The rise of the intangible economy -- Capital's vanishing act -- How to measure intangible investment -- What's different about intangible investment? The four S's of intangibles -- Part II. The consequences of the rise of the intangible economy -- Intangibles, investment, productivity, and secular stagnation -- Intangibles and the rise of inequality -- Infrastructure for intangibles, and intangible infrastructure -- The challenge of financing and intangible economy -- Competing, managing, and investing in the intangible economy -- Public policy in an intangible economy: five hard questions -- Summary, conclusion, and the way ahead
Control code
ocn983824514
Dimensions
25 cm
Extent
x, 278 pages
Isbn
9780691175034
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
System control number
  • (Sirsi) i9780691175034
  • (OCoLC)983824514

Library Locations

    • Lawrence Public LibraryBorrow it
      51 Lawrence Street, Lawrence, MA, 01841, US
      42.7107245 -71.162215
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