The Role of Intangible, Knowledge-based Capital in Economic Growth
As economies become more innovation-based, intangible capital (e.g., R&D, copyrights, software, skills, brands, organizational know-how) is becoming a more important driver of growth and competitiveness. What nations are investing in the most intangible assets and which have the most intangible capital? Are all kinds of intangible capital equal when it comes to driving growth? Are public and private returns from intangible capital the same?
Please join ITIF to hear a presentation on the recently released “OECD Science, Technology and Industry Scoreboard 2013 Innovation for Growth” report, with a particular focus on intangible capital. The presentation of the report findings will be followed by reactions from experts in intangible capital issues.