Intangible Capital and Modern Economies

Carol Corrado, Jonathan Haskel, Cecilia Jona-Lasinio and Massimiliano Iommi in this JEP article look at the puzzle of intangible capital. the valuation of most of the bigtech firms is driven by intangible capital. Yet, it is grossly underestimated. The authors suggest ways to estimate intnagibles:

 

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: