A New Approach to the Valuation of Intangible Capital
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In this paper, I argue that intangible capital is not a distinct input to production like physical capital or labor but rather it is the glue that creates value from other inputs. This perspective naturally leads to an empirical model in which intangible capital is defined in terms of adjustment
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美国国家经济研究局创建时间：
2003-08-01
