Intangible Capital and Growth

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The book explores the shift of advanced economies towards knowledge-based models, emphasizing the significance of intangible capital in driving growth. It highlights various forms of intangible investments, including human capital through education, social capital via informal networks, and formal institutions like rule of law. Additionally, it examines how businesses enhance their knowledge base through investments in software, innovative properties, and economic competencies, showcasing the multifaceted nature of growth in modern economies.