Tue, 13 February 2018
Capital has changed and capitalism is changing as a result. For the first time in history, businesses are investing more in things you can neither see nor touch – so-called intangible capital – than in traditional physical assets like buildings, machines, computers or vehicles. Intangible capital, such as R&D, design, software, brands and organisational capabilities, have different economic properties from traditional assets. As a result, the rise of the intangible economy is changing the economy and society in important and non-obvious ways. This new intangible economy helps explain a range of big puzzles and problems: why productivity is stagnating, why inequality is rising, why populism is on the rise. It also helps managers, investors and policymakers understand what to do about it. We want to hear from you! Please take part in a quick survey to tell us how we can improve our podcast: https://www.surveymonkey.com/r/PWZ7KMW |