Intangible assets : measuring and enhancing their contribution to corporate value and economic growth / Board on Science, Technology, and Economic Policy, Polcy and Global Affairs ; Committee on National Statistics, Division of Behavioral and Social Sciences and Education ; Chistopher Mackie, rapporteur.

Format:

Book

Contributor:

Mackie, Christopher D.

National Research Council (U.S.). Board on Science, Technology, and Economic Policy.

National Research Council (U.S.). Committee on National Statistics.

Language:

English

Subjects (All):

Intangible property--Valuation.

Intangible property.

Physical Description:

xiii, 106 pages : illustrations ; 23 cm

Place of Publication:

Washington, D.C. : National Academies Press, [2009]

Summary:

"Intangible assets--which include computer software, research and development (R&D), intellectual property, workforce training, and spending to raise the efficiency and brand identification of firms--comprise a subset of services, which, in turn, accounts for three-quarters of all economic activity. Increasingly, intangibles are a principal driver of the competitiveness of U.S.-based firms, economic growth, and opportunities for U.S. workers. Yet, despite these developments, many intangible assets are not reported by companies, and, in the national economic accounts, they are treated as expenses rather than investments. On June 23, 2008, a workshop was held to examine measurement of intangibles and their role in the U.S. and global economies. The workshop, summarized in the present volume, included discussions of a range of policy-relevant topics, including: what intangibles are and how they work; the variety and scale of emerging markets in intangibles; and what the government s role should be in supporting markets and promoting investment in intangibles."--Publisher's description.

Contents:

Overview

Intangible assets in a knowledge economy

Macroeconomic implications of intangible assets

Intangibles in the firm and in financial markets

Intangibles and government measurement

Intangibles and government policy.

Notes:

Includes bibliographical references (pages 100-102).

ISBN:

0309144140

9780309144148

OCLC:

501273684