The intangible economy requires a shift in mindset and approach from "summary" of Capitalism without Capital by Jonathan Haskel,Stian Westlake
The intangible economy presents a new set of challenges and opportunities for businesses and policymakers alike. In this new economic landscape, traditional measures of capital and productivity may no longer be sufficient to gauge success. Intangible assets such as intellectual property, brands, and data are becoming increasingly important in driving value and growth. To thrive in the intangible economy, organizations must adopt a new mindset and approach. This entails recognizing the unique characteristics of intangible assets and understanding how they differ from physical assets. Unlike tangible assets, intangibles are often difficult to quantify and measure, making them more challenging to manage effectively. A shift in mindset is also necessary when it comes to investment and innovation. In the intangible eco...
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