article thumbnail

Collaboration as an Intangible Asset

Harvard Business Review

So it is with most breakthrough innovations and banner financial years. Interestingly, intangible assets are all the rage these days on Wall Street. There is no line on the balance sheet for "ability to innovate" or "skill at managing brand." If ego and time allow, the list can be quite long.

article thumbnail

What’s Driving Superstar Companies, Industries, and Cities

Harvard Business Review

The superstars tend to be more involved in global flows of trade and finance, more digitally mature, and they dominate the lists of the most valued companies, the most valued brands, the most desirable places to work, and the most innovative companies. counties, which account for 90% of GDP in that sector.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Answer to Short-Termism Isn’t Asking Investors to Be Patient

Harvard Business Review

Too many companies prioritize quarterly earnings over long-term innovation, human capital investment, and brand development, and many people believe short-term shareholders are to blame. 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.

article thumbnail

How Software Is Helping Big Companies Dominate

Harvard Business Review

They’re more productive , more profitable , more innovative , and they pay better. But to explain that, one needs to explain why some companies are so much better at developing software than others and why their innovations don’t seem to be diffusing to their smaller competitors the way Carr thought they inevitably would.

article thumbnail

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business Review

Many workers have found, well into their careers, that their physical skills for making and transporting “things” are less relevant and valuable than the once were. It struggles to account for today’s intangible assets—services, insights, and networks.

GDP 8
article thumbnail

What Apple, Lending Club, and AirBnB Know About Collaborating with Customers

Harvard Business Review

Today, however, by exploiting new digital technologies, firms like Apple, Lending Club, and AirBnB have made customer co-creation of value central to their business models and in doing so now rank among the world’s most innovative and valuable firms. But they might see a dramatic change in engagement and innovation if they did.

CRM 8