18.4 Economies are increasingly based on knowledge . . . what is new is that a growing...

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18.4 ‘Economies are increasingly based on knowledge . . . what is new is that a growing chunk of production in the modern economy is in the form of intangibles, based on the exploitation of ideas, rather than material things . . .’ (The Economist, 23 September 2000). What are, in your opinion, the implications for corporate reporting of the growing importance of intangibles as the key drivers of corporate performance?

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Financial Accounting An International Approach

ISBN: 9780273693192

1st Edition

Authors: Prof Jagdish Kothari, Elisabetta Barone, Barone Kothari

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