Harvard Business Review

FEBRUARY 26, 2018

In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. In a previous HBR article , we argued that, in contrast to physical assets that depreciate with use, intangible assets might enhance with use.

Company 8

Company Intangible Assets Depreciation IPO 8

Harvard Business Review

JULY 18, 2017

An informed shareholder, who looks beyond earnings numbers and analyzes the company’s intangible assets, would notice that the firm has mortgaged its future. Gathering information on a firm’s intangible assets is costly, and so not worth doing if you own only a tiny bit of stock in a company.

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

APRIL 7, 2014

Tobin’s q is the ratio between a company’s market capitalization and the replacement cost of its tangible assets, with a higher ratio indicating that a company has more intangible assets such as patents, brands, leadership etc., Leadership Marketing'

First-mover Advantage 10

First-mover Advantage Intangible Assets Sample Metrics 10

Harvard Business Review

OCTOBER 25, 2018

We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value. Acquisitions, bold investment in intangible assets, and attracting talent can ultimately make the difference.

Industry 13

Industry Company GDP Bottom-up 13

Harvard Business Review

OCTOBER 24, 2016

This disconnect is a major problem for the continuing development of efficient capital markets. Collectively, the world’s investment giants hold in excess of $70 trillion in assets, which represents the bulk of investable capital globally. How is this state of affairs possible?

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

JUNE 22, 2016

Manufacturers invest most of their capital into physical assets, while high-tech firms invest in R&D to create new intellectual capital. But all assets are not created equal, especially as the technological landscape changes.

Intangible Assets 10

Intangible Assets Business Model How To Intellectual Capital 10

Harvard Business Review

NOVEMBER 7, 2013

As recently as 2002, the company had a market value of $5 billion. But by then its one-time core assets — retail stores — had become expensive liabilities, weighing down the company’s effort to compete in the winner-take-all kind of market that is often characteristic of Big Bang innovation. postal service.

Disruptive Innovation 8

Disruptive Innovation Intangible Assets Retail Innovation 8

Harvard Business Review

JULY 29, 2014

Break up a strategic function in response to underperformance in the wake of severe market disruptions? What would the capital markets look like today if a similar tack had been taken when the CFO role was ripe for transformation? The CHRO must step up to the implications of the new world of work.

CFO 12

CFO Charan Intangible Assets Human Resources 12

Harvard Business Review

SEPTEMBER 25, 2014

There’s a demand for this type of information, and thus product and market opportunities, but in an information services marketplace where people want everything for nothing, it is not easy to monetize information products. The ultimate goal is to treat information as a tangible flow rather than an intangible asset stuck on the balance sheet.

Company 8

Company Intangible Assets Information Self-aware 8

Harvard Business Review

SEPTEMBER 25, 2014

There’s a demand for this type of information, and thus product and market opportunities, but in an information services marketplace where people want everything for nothing, it is not easy to monetize information products. In short, from many to one to many. “The future is already here, it’s just unevenly distributed.”

Company 8

Company Intangible Assets Self-aware Diversity 8

Harvard Business Review

SEPTEMBER 29, 2016

The health technology and technology services industries are creating highly scalable, and highly desirable, intangible assets. As we mentioned previously, physical assets have a number of drawbacks, compared to digital, intellectual, and relationship assets. Thus, they have low PPE but high multiples.

Company 8

Company Intangible Assets Business Model Supply Chain 8

Harvard Business Review

FEBRUARY 7, 2014

And finally, highly reputed companies are more stable, which means they have higher market valuation and stock price over the long term and greater loyalty of their investors, which leads to less volatility. So why doesn’t every company do what CVS did?

Reputation 8

Reputation Intangible Assets Competitive Advantage Long-term 8

Harvard Business Review

MAY 23, 2013

Second, the rise of intangible assets, like patents and widgets, means that transfer pricing issues become central, and so high tax rates become more untenable as they increase the incentives to be aggressive. In particular, tax rates and systems that are out of step with the rest of the world become increasingly problematic.

Intangible Assets 8

Intangible Assets Incentives System GAAP 8

Harvard Business Review

SEPTEMBER 15, 2017

Since these shareholders have “skin in the game”, they have the incentive to look beyond earnings and instead look to a company’s long-term growth opportunities and intangible assets.

Short-term 8

Short-term Long-term Intangible Assets Rate of Return 8

Harvard Business Review

JULY 3, 2015

Through co-creation, companies can access a deep well of customer capabilities, knowledge and assets. Although the Net Promoter Score (NPS) is a market standard, customer promotion alone can’t sustain a co-creation model. for the right incentives and shared value.

CRM 8

CRM Brand Business Model Intangible Assets 8

Harvard Business Review

SEPTEMBER 4, 2012

With interest rates at historic lows, market volatility, political uncertainty, the European crisis, severe commodity price fluctuations, and other unpredictable market conditions, corporate brands and executives have been understandably inclined to sit on the sidelines. But history shows that cash cannot sit idle indefinitely.

Intangible Assets 8

Intangible Assets Venture Capitalist White Paper Real Estate 8

Harvard Business Review

NOVEMBER 21, 2013

For many years, beginning in 1942, Premarin was the only hormone replacement therapy drug on the market derived from a natural source. A series of patents were issued on the drug in the 1940s, but long after they had expired, there were still no generic competitors on the market. Such was not the case.

Intangible Assets 8

Intangible Assets Merchandising Innovation Pharmaceuticals 8

Harvard Business Review

NOVEMBER 19, 2018

“How long does it take for her to interact with a market that isn’t nearly monopolized?” have grown more concentrated in the past 20 years, meaning that the biggest firms in the industry are capturing a greater share of the market than they used to. The result is that large firms are gaining market share.

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

FEBRUARY 1, 2017

Digital devotees tend to conflate digitization with intangible assets — the intensity of which has indeed soared in the last half century — in ways that exaggerate digital transformation’s potential. Friedman’s declaration that the world is flat was motivated by the example of Indian software.

Globalization 8

Globalization Offshoring Tacit Knowledge Intangible Assets 8

Harvard Business Review

JULY 28, 2016

It struggles to account for today’s intangible assets—services, insights, and networks. Gross Domestic Product (GDP), our core measure of prosperity, was developed during the industrial age.

GDP 8

GDP Wilde Intangible Assets GAAP 8

Harvard Business Review

NOVEMBER 1, 2016

For example, they move corporate charters abroad through inversion transactions , and they move profits abroad by investing outside the United States or by using transactions that shift ownership of intangible assets and reported income to their affiliates in tax havens in which they have little production or sales.

Company 8

Company Proposal Intangible Assets Incentives 8