The shift towards the intangible economy is almost unanimously acknowledged as one of the most important changes that characterize the current state of the economy. This presents significant challenges for corporate managers, accountants and policy makers. One of these challenges is a reflection on the geographical distribution of economic activities. Clustering has recently became a topic of i...

At its last meeting, the Committee agreed to contribute to the Organisation's two-year horizontal project on New Sources of Growth: Intangible Assets, with a report covering the reporting of intangible assets (IA) and progress made in this area in recent years. This report provides an update on the nature and quality of reporting on intangible capital in member countries, building on prior work...

Management and protection of proprietary intangible assets such as technology and management skills is important for firms considering international expansion via joint ventures. Joint venture partners have incentives to appropriate intangible property. Also many governments have instituted policies to help domestic firms maximise technology spillovers. Some require foreign firms interested in ...

The paper reviews the concept and trend of Key Intangible Performance indicators (KIPs) for organisational success. Although KPIs are useful for tracking tangible performance drivers, KPIs cannot adequately measure intangible performance drivers. Therefore, organisations need to look for KIPs (which measure intangible drivers) in order to generate a complete picture of overall performance of or...

Dual distribution systems where firms simultaneously use vertical integration and market governance are widely used across diverse marketing contexts (e.g., restaurants, retailing, and industrial selling). A prominent example of dual distribution includes business format franchising, where firms, the franchisors, license operation of some of its units to franchisees while simultaneously owning ...

Purpose – This study investigates the adequacy of existing intangible asset models and defines and codifies common principal valuation drivers of intangible assets for use in enterprise balanced scorecard valuation practices of information technology (IT) firms. Design/methodology/approach – Existing intangible asset balance scorecard valuation models and value chain models are evaluated to ext...

Most previous studies dealing with business site selection decisions have been theoretical and mainly concerned with cost factors. There are many variables other than cost, some of which are qualitative and intangible in nature. This study attempts to provide empirical evidence on the importance of cost and other location-related variables. The 84 fastest-growing businesses in New England and N...

We examine the relation between analysts’ earnings forecasts and firms’ intangible assets, including technology-based intangibles, brand names, and recognized intangibles. We predict that high information complexity of intangible assets increases the difficulty for analysts to assimilate information and increases analysts’ forecast error of intangibles-intensive firms. We find a positive associ...

Information Systems (IS) are widely acknowledged as one of the major enablers of business change. However, despite enormous capital IS investments, organizations have not always been able to enjoy commensurate financial returns. Much of the reason for this is that there are considerable costs associated with the adoption of IT/IS, with many of these cost factors being indirect and intangible, a...

Recent years have seen a growth in the literature on a variety of aspects of intangible investment, the complement of the more familiar investment in tangible assets such as buildings, plant, and equipment. For economic and business analysts this change in emphasis necessitates the selection of a meaningful metric for intangible investment and the firm’s total capital stock of tangible and inta...