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This analysis confirms the importance of this ICT environment for (a) the asset structure (and the creation of intangible assets), (b) for the financial structure, and ultimately, (c) for firm growth.
Liberated from the straitjacket of capital-oriented approaches, a people-intensive business can measure and manage performance by focusing on employees as employees, without having to pretend that they're "capital" or that their value comes entirely from the creation of intangible assets.
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In particular, digital business models rely to a large extent on the ability to conduct activities remotely and with limited or no physical presence, on the contribution of end-users to value creation, and on the importance of intangible assets.
In particular, digital business models rely to a large extent on the ability to conduct activities remotely and with limited or no physical or taxable presence in a given country, on the contribution of end-users to value creation, and on the importance 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 opposite happens when output heterogeneity and the use of intangible assets and capabilities increase.
The positive impact of intangible assets on several measures of economic performance is well documented in the literature.
"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?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com