Reshaping business and the world by leveraging knowledge intangibles
Investment in intangible assets generate growth, says OECD.
Preliminary estimates for several OECD countries show that firms now invest as much in intangible assets related to innovation (R&D, software, skills, organisational know-how and branding) as they invest in traditional capital such as machinery, equipment and buildings. ................... investment in intangible assets and MFP growth accounted for between two-thirds and three-quarters of labour productivity growth in OECD countries.
From the recent OECD Innovation Strategy 2010, may 27.
Perhaps firms should invest even more - as the Intangible Assets part of the firm most possible is worth more on the market than the Tangible Assets.
Comment
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Comment by Mary Adams on May 31, 2010 at 11:25am
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What I like about this report is how it pulls together so many threads: intangibles, collaboration, climate change, IP, R&D--it's all one big system. But Thomas is absolutely right--it all starts with investment in intangible assets! Mary
© 2012 Created by Mary Adams.
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