INNOVATIVE ECONOMY Set of materials for seminar classes

Аннотация

Historians of the late 20th and early 21st century are already recording the significant shift in the features of the global economy between 1980 and 2005. The proportion of economic value now attributable to the innovative capacity of intangible capital in business has dramatically shifted to 80% of market values as reflected in the Dow Jones Industrial Average (DJIA) in 2005. By contrast, in 1980 the same index reflected market values due to intangible assets at nearly zero.