“But increasing the amount of equity finance in an economy is easier said than done: it is a project that would take decades rather than years. Some of the barriers are institutional: outside of the very small world of venture… — Jonathan Haskel Copy Share Image
“While we might expect to see venture capital develop further in an increasingly intangible economy, it is not clear that governments can or should do much more to promote it than they already do. As Josh Lerner showed in The… — Jonathan Haskel Copy Share Image
“Indeed, the recurrent critiques of the lack of diversity of Silicon Valley's VC sector and the companies that it backs can be seen as… — Jonathan Haskel Copy Share Image
“The final way to respond to the difficulty of lending against intangibles is the most radical. It is for businesses to change their finance… — Jonathan Haskel Copy Share Image
“So, if you are predominantly a producer of intangible assets (writing software, doing design, producing research) you probably want to build an organization that… — Jonathan Haskel Copy Share Image
“What if, by contrast, you are more a user of intangible assets: say, the Amazon warehouse, using the knowledge of the routing algorithm, or… — Jonathan Haskel Copy Share Image
“But increasing the amount of equity finance in an economy is easier said than done: it is a project that would take decades rather… — Jonathan Haskel Copy Share Image
“While we might expect to see venture capital develop further in an increasingly intangible economy, it is not clear that governments can or should… — Jonathan Haskel Copy Share Image
“As the brilliant economist-educator Russell Roberts points out, chroniclers of the cult of celebrity have an extensive pedigree. Writing in The Theory of Moral… — Jonathan Haskel Copy Share Image
