CAPITALISM WITHOUT CAPITAL: The Rise of the Intangible Economy

By T. Onchan. 2019

292 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/79bd2ff95fd03eb759d274daf7798dbbefd19a49

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Citations in the corpus

An Augmented q-Factor Model with Expected Growth* (2020, unknown): “Haskel and Westlake (2018) describe the broad-ranging consequences of the rise of the intangible economy.”
Digital Nomads Employment in the Online Gig Economy (2018, background): “While they have cultural capital rooted in family and citizenship, many struggled to gain a foothold in their field, except for those especially in the “intangible economic fields” based on high-skill and demand, such as computer programming, software engineers, computer technical support, and skill”
Ethics of artificial intelligence and robotics (2020, background): “It is made harder by the move to a ‘new economy’ with the digital service industry, especially platforms like Google or Facebook, based on intangible assets, also called ‘capitalism without capital’ (Haskel and Westlake 2017).”
Market Power and Innovation in the Intangible Economy (2019, background): “Intangibles are scalable in the sense that they can be duplicated at close-to-zero marginal cost (e.g. Haskel and Westlake 2017, Hsieh and Rossi-Hansberg 2019).”
The Productivity J-Curve: How Intangibles Complement General Purpose Technologies (2018, unknown): “Haskel and Westlake (2017) argue that intangible capital tends to have high fixed costs, low marginal costs, spillovers, and complementarities with other assets.3 Further, the existence of significant intangible assets might explain the relatively poor historical performance of Tobin’s Q (the ratio…”
From Good to Bad Concentration? US Industries over the Past 30 Years (2019, methodology): “They find evidence of product differentiation using the index of Hoberg and Phillips (2017). In the appendix of Gutiérrez and Philippon (2017), we study the dynamics of employment and find that leaders increase both capital and employment, while laggards decrease both.”
Intellectual monopoly in global value chains (2019, unknown): “The growing relevance of intangibles for the functioning of our contemporary economies has attracted much interest in the recent years (Haskel & Westlake, 2018).”