Capitalism Without Capital: The Rise of the Intangible Economy

Haskel, Jonathan; Westlake, Stian

ISBN 10: 0691175039 ISBN 13: 9780691175034
Verlag: Princeton University Press, 2017
Gebraucht Hardcover

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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, or 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.

Über die Autorin bzw. den Autor: Jonathan Haskel is professor of economics at Imperial College Business School. Stian Westlake is a senior fellow at Nesta, the UKs national foundation for innovation. Haskel and Westlake are cowinners of the 2017 Indigo Prize.

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Bibliografische Details

Titel: Capitalism Without Capital: The Rise of the ...
Verlag: Princeton University Press
Erscheinungsdatum: 2017
Einband: Hardcover
Zustand: Good
Zustand des Schutzumschlags: No Jacket

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