"intangible capital" is a correct and usable phrase in written English.
It refers to assets that cannot be physically touched or seen, such as intellectual property, brand recognition, and customer relationships. Example: A company's success is not only determined by its tangible assets, but also by its intangible capital, such as its innovative ideas and strong brand reputation.
It encompasses physical capital, such as real estate and factories; intangible capital, such as brands and patents; and financial assets, such as stocks and bonds.
As for Tobin's q, it omits intangible capital, which has grown in significance as both brands and intellectual property have increased in value.The equity risk premium can be calculated only after the event.
Achieving those gains requires investment, however, in equipment but also in "intangible capital": in a nutshell, figuring out what to do with the stuff and how to reorganise the business to use it most effectively.
Coastal regions tend to benefit more from intangible capital due to the advancement of computerization.
Intangible capital is treated as an important determinant of economic growth in the age of knowledge economy.
Obviously, the difficulties of collecting information on intangible capital are different in large firms than small and medium sized (SMEs).
In reality, quitting Facebook is much more problematic than the company's executives suggest, if only because users cannot extract all the intangible social capital they have generated on the site and export it elsewhere.
More potent sources are earnings associated with limited foreign competition and growing firm/industry demand, inter al. Fourth, yet more concern stems from union effects on investments in tangible (i.e., investment) and intangible (R&D) capital.
The conservative Boston Herald endorsed the idea, comparing an ex-legislator or official's connections and knowledge to intangible capitol and Reynolds' scheme to a capital gains tax.
Capitalising intangible investment increases capital's slice and reduces labour's, with a particularly sharp drop after 1980.
The government let strong banks include in their regulatory capital intangible assets associated with acquisitions of troubled thrifts.
