Capitalism Without Capital
by Jonathan Haskel & Stian Westlake · 2017
In a nutshell
This book by Jonathan Haskel and Stian Westlake explores the significance of intangible assets like design and branding in the modern economy. It provides insights into how startups can leverage intangible investments to drive growth and innovation.
Capitalism Without Capital: Book Summary
Title: Capitalism Without Capital
Authors: Jonathan Haskel and Stian Westlake
Category: Growth & Scaling
Tags: Intangible Assets, Growth, Innovation
Description: "Capitalism Without Capital" is a groundbreaking exploration of the modern economy's shift towards intangible assets, such as design, branding, and intellectual property. The authors, Jonathan Haskel and Stian Westlake, delve into how these intangible investments are shaping startups and driving economic growth and innovation.
Key Insights:
- Intangible Assets Dominance: The book highlights a shift in economic investment, where intangible assets have surpassed tangible assets in many leading economies, including the US and EU nations.
- Role of Technology: Although technological advancements like computers and the internet have increased the value of intangible investments, the trend predates these innovations.
- Policy and Intangibles: Certain policy environments, such as increased public R&D spending and reduced market regulation, correlate with higher levels of intangible investment.
Features:
- Economic Analysis: Provides a comprehensive analysis of how intangible assets are influencing economic growth and the rise of tech-driven companies.
- Historical Context: Traces the evolution of intangible investments from the mid-20th century to the present.
- Global Perspective: Examines trends in both developed and developing countries, providing a broad understanding of the intangible economy.
Source:
Featured: No
Slug: capitalism-without-capital
"Capitalism Without Capital" offers a profound insight into the intangible economy's growing significance, making it a valuable read for entrepreneurs, policy-makers, and anyone interested in the future of economic development.
Reference
Capitalism Without Capital — publisher / official page. Summary adapted from the Awesome Startup Books collection.
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