Capitalism without Capital - with Johnathan Haskel
Prof. Johnathan Haskel and Forum Fellow Nicolas Wittstock discuss Johnathans' book "Capitalism without Capital - the rise of the intangible economy" (with Stian Westlake).
In it, the authors argue that that business investment in intangible capital - like software, knowledge, networks, patents, and processes - are growing in economic importance. This has crucial consequences, as these economic assets have special properties that make them categorically different from more conventional ones.