Quotessence
Home / Topics / Intangible Economy Quotes

Intangible Economy Quotes

Browse 3 quotes about Intangible Economy.

Intangible Economy Quotes

“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.”

ValueDigitalizationIntangiblesIntangible Economy
Book:The Definitive Guide to Thriving on Disruption: Volume IV - Disruption as a Springboard to Value Creation
Create image

“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.”

Public PolicyVenture CapitalIntangible Economy
Book:Capitalism without Capital: The Rise of the Intangible Economy
Create image