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And economic capital comprises of intangible assets.
The first is the growing importance of intangible assets.
Different companies, of course, have different types of intangible assets.
I figured that understanding the opportunities and complexities of "intangible assets" could help people decide how best to build their intangible assets.
"The majority of intangible assets live in industries that are relatively unknown or relatively boring".
"Customer Knowledge Management: The INFOVALUE Methodology," NYU Conference: Management of Intangible Assets Proceedings, 2000.
How Can We Verify the Presence and Value of Intangible Assets?
The opposite happens when output heterogeneity and the use of intangible assets and capabilities increase.
But what we cannot do (yet) is verify the measurement of intangible assets.
The positive impact of intangible assets on several measures of economic performance is well documented in the literature.
But even accountants cannot deny that the effects of intangible assets are far-reaching.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com