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  • Capitalism Without Capital

  • The Rise of the Intangible Economy
  • By: Jonathan Haskel, Stian Westlake
  • Narrated by: Derek Perkins
  • Length: 8 hrs and 56 mins
  • Unabridged
  • Overall
    4.5 out of 5 stars 327
  • Performance
    4.5 out of 5 stars 280
  • Story
    4 out of 5 stars 278

Early in the 21st century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, or software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success.

  • 4 out of 5 stars

  • By CHET YARBROUGH on 12-17-18

Very wordy as for the amount of ideas presented

3 out of 5 stars

Reviewed: 01-23-19

Buy this book if you are a newcomer to the world of intangibles and intellectual property, as it will give you a general impression of the current state of affairs and academic research in the area.

Don't buy this book if you have spent some time observing the IP industry, even as an outsider, as most ideas expressed in this book will be already known to you.

My low valuation is based on the fact that the book does not offer any answers, except for increasing the role of governments in investing into intangible R&D, but instead posts a lot of general questions. Yet, it provides a lot of academic references, which I look forward to using to dig deeper into the subject.