New Building Blocks for Jobs and Economic Growth
16-17 May 2011
Lohrfink Auditorium, Rafik B. Hariri Building,
Georgetown University, Washington, D.C.
Download the conference report (pdf)
Watch a video of the opening panel discussion
Intangible assets – information, workforce skills and know-how, effective management and marketing, business models, relations with suppliers and customers, software and databases as well as traditional intellectual property (patents, copyrights and trademarks) – are building blocks of future economic growth. According to the available evidence, business investment in intangible assets is increasing in most advanced economies and, in a number of countries, intangible investment matches or exceeds investment in tangible assets such as buildings, equipment and machinery. Investment in intangibles also accounts for a significant fraction of labour productivity growth in countries such as Finland, Sweden, the United Kingdom and the United States. And evidence is accumulating that investments in intangibles are growing in importance in emerging economies.
Goal of the conference
This conference drew together a group of global business leaders, policymakers, and researchers to better understand how we can harness investments in innovation, intangible assets, and intellectual capital to generate sustainable growth, high-wage employment, and improved living standards.
Opening remarks, key-note speaker and plenary panel
Opening remarks were made by Richard Boucher, Deputy Secretary-General of the Organisation for Economic Co-operation and Development.
The key-note speech was given by Federal Reserve Board Chairman Ben Bernanke.
The members of the plenary panel were:
Moderator: Jon Spector, CEO, The Conference Board (confirmed)
Manuel Trajtenberg, Professor and former head of the Israeli National Economic Council (confirmed)
Otaviano Canuto, Vice President Poverty Reduction and Economic Management Network, World Bank (confirmed)
Carl Shapiro, White House Council of Economic Advisors (invited)
Lisa Lynch, Dean, Heller School for Social Policy and Management, Brandeis University (confirmed)
Edward Jung, Chief Technology Officer and Co-Founder of Intellectual Ventures (invited)
David Stafford, COO of Michelin Americas Research Company (confirmed)
Allen Howell, CEO of Corporate Flight Management
Open to the press and public
The opening session, the key-note speech and the plenary panel discussion were open to the press and the public.
Georgetown University’s Center for Business and Public Policy
Organisation for Economic Co-operation and Development (OECD), Athena Alliance, the Conference Board, the Kauffman Foundation, the National Academies-STEP Board
Any additional enquiries to be directed to Mr. Kenan Jarboe, the Athena Alliance: firstname.lastname@example.org.
New Building Blocks for Jobs and Economic Growth: Intangible Assets as Sources of Increased Productivity and Enterprise Value
New sources of growth and intangible assets