Abstract
Intangible capital has played an increasingly important role in economic growth, although firm-level financial and national income accounting practices provide little information about intangibles and do not count many purchases of intangible capital as investment.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume.
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Sichel, D.E. (2008). Intangible Capital. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2304-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_2304-1
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Publisher Name: Palgrave Macmillan, London
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