Intangible Economy Quotes
Quotes tagged as "intangible-economy"
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“Today, even tangibles are intangibles - cars, planes, and computers rely on software. They are essentially digital assets under the disguise of a mechanical body, and much of their value is intangible.”
― The Definitive Guide to Thriving on Disruption: Volume IV - Disruption as a Springboard to Value Creation
― The Definitive Guide to Thriving on Disruption: Volume IV - Disruption as a Springboard to Value Creation
“Human and intellectual capital may be the most important intangible assets.”
― Disrupt With Impact: Achieve Business Success in an Unpredictable World
― Disrupt With Impact: Achieve Business Success in an Unpredictable World
“While we might expect to see venture capital develop further in an increasingly intangible economy, it is not clear that governments can or should do much more to promote it than they already do. As Josh Lerner showed in The Boulevard of Broken Dreams (2012), once tax breaks or subsidies for venture capital get beyond a certain level, they tend to encourage dumb investments (since the tax gain on its own is enough for the investors to profit); since the entire point of venture capital is smart investment, very large tax breaks are self-defeating. For a country to grow its venture capital sector, time and favorable framework conditions are more important than additional subsidies.”
― Capitalism without Capital: The Rise of the Intangible Economy
― Capitalism without Capital: The Rise of the Intangible Economy
“So, if you are predominantly a producer of intangible assets (writing software, doing design, producing research) you probably want to build an organization that allows information to flow, help serendipitous interactions, and keeps the key talent. That probably means allowing more autonomy, fewer targets, and more access to the boss, even if that is at the cost of influence activities. This seems to describe the types of autonomous organizations that the earlier writers, like Charles Leadbeater, had in mind. And it also seems to describe the increasing importance of systemic innovators. Such innovators are not inventors of single, isolated inventions. Rather, their role is to coordinate the synergies that successfully bring such an innovation to market.”
― Capitalism without Capital: The Rise of the Intangible Economy
― Capitalism without Capital: The Rise of the Intangible Economy
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