> intangibles also fuel a winner-takes-all dynamic
> WIPO finds that intangible assets make up 90 per cent of the total enterprise value of the 15 largest American companies
> the top 10 stocks account for 40 per cent of the S&P 500’s market capitalisation and 33 per cent of its profits
Interesting that intangibles can be measured for businesses - it is so much harder to do for people.
I like the food for thought status paper at the end - asking if you'd rather (A) have your income actually increase versus (B) would you rather be perceived by your peers as having your income increase?
> WIPO finds that intangible assets make up 90 per cent of the total enterprise value of the 15 largest American companies
> the top 10 stocks account for 40 per cent of the S&P 500’s market capitalisation and 33 per cent of its profits
Interesting that intangibles can be measured for businesses - it is so much harder to do for people.
I like the food for thought status paper at the end - asking if you'd rather (A) have your income actually increase versus (B) would you rather be perceived by your peers as having your income increase?
https://www.nber.org/system/files/working_papers/w34094/w340...