However few governments have been able to pull off the trick of fully exploiting assets, even when financial incentives to do so exist.
It is actually a modern phenomenon — a product of the most recent theory change, in this case from a rentier theory, in which economic growth is seen as the product of exploiting assets, to a talent theory in which growth is driven by the exercise of talent and the application of knowledge.
It is actually a modern phenomenon -- a product of the most recent theory change, in this case from a rentier theory, in which economic growth is seen as the product of exploiting assets, to a talent theory in which growth is driven by the exercise of talent and the application of knowledge.
When Kaplan and Norton first introduced the concept, in 1992, companies were busy transforming themselves to compete in the world of information; their ability to exploit intangible assets was becoming more decisive than their ability to manage physical assets.
As companies around the world transform themselves for competition that is based on information, their ability to exploit intangible assets has become far more decisive than their ability to invest in and manage physical assets.
The opportunity to exploit these assets was estimated to be worth tens of trillions of dollars.
Gifts of confidential information, moreover, can exploit corporate assets and conflict with the duty of loyalty, regardless of the recipient's relationship with the insider.
The theory, commonly known as APT, is used to identify and exploit mispriced assets by tracking a number of macroeconomic factors.
Nefarious schemes to pass on control to sons, avoid taxes and exploit company assets for the benefit of family members are widely discussed in private.
