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Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
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Appendix
Workshop Agenda

Board on Science, Technology, and Economic Policy, in cooperation with the

Committee on National Statistics


Intangible Assets:

Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth

Lecture Room, National Academy of Sciences Building

Washington, DC


Monday, June 23, 2008

8:30 a.m.

Welcome

Stephen Merrill, STEP

8:35

Keynote

Honorable Jeff Bingaman, U.S. Senate (D-NM)

8:50

Introduction

Honorable Cynthia Glassman, Under Secretary for Economic Affairs, U.S. Department of Commerce

Innovation Measurement—2008 Report of the Secretary’s Advisory Committee

Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
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9:20

Panel I Introduction to Intangible Assets

What are they? How do they work? What is the production paradigm (in contrast to industrial age economies of scope and scale)? Is it important to reconcile the many different taxonomies of intangible assets?

Moderator: Kenneth Flamm, University of Texas-Austin

Presenters:

Irving Wladawsky-Berger, IBM and MIT

Charles Hulten, University of Maryland

10:15

Break

10:30

Panel II Macroeconomic Implications of Intangibles

How do intangibles contribute to GDP and productivity in the United States compared to other industrial countries in which efforts have been made to estimate them? How significant are international flows of intangible assets?

Moderator: Kenneth Flamm, University of Texas-Austin

Presenters:

Carol Corrado, The Conference Board

Jonathan Haskel, Queen Mary College, University of London

Kyoji Fukao, Hitotsubashi University and RIETI

Brent Moulton, Bureau of Economic Analysis, Department of Commerce

12:15 p.m.

Lunch

Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
×

1:00

Panel III Intangibles in the Firm and Financial Markets

How are intangibles created and utilized by firms? How do intangibles operate in financial markets? What efforts are being made to capture intangibles in accounting and company valuation?

Moderator: Martin Fleming, Vice President, IBM

Presenters:

Baruch Lev, New York University Stern School

Laurie Bassi, McBassi & Company

James Malackowski, Ocean Tomo

Ron Bossio, Financial Accounting Standards Board

2:45

Break

3:00

Panel IV Intangibles and the Government: Part One

What are the priorities of the statistical agencies for collecting better data on intangibles and incorporating them in broader measures of economic performance?

Moderator: Jonathan Haskel

Presenters:

Steven Landefeld, Bureau of Economic Analysis, Department of Commerce

John Jankowski, Science Resources Statistics Division, National Science Foundation

4:00

Panel V Intangibles and the Government: Part Two

What are the size and composition of public investments in intangibles? What should the government do to encourage company creation of intangibles? What should be the government’s role in creating or supporting more robust markets in intangibles? What are other governments doing in these respects?

Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
×

 

Moderator: Michael Mandel, Business Week

Presenters:

Ahmed Bounfour, Paris-Sud University

Douglas Lippoldt, Organisation for Economic Co-operation and Development (OECD)

Nir Kossovsky, Steel City Re

Kenan Jarboe, Athena Alliance

5:45

Adjourn

Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
×
Page 103
Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
×
Page 104
Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
×
Page 105
Suggested Citation:"Appendix: Workshop Agenda." National Research Council. 2009. Intangible Assets: Measuring and Enhancing Their Contribution to Corporate Value and Economic Growth. Washington, DC: The National Academies Press. doi: 10.17226/12745.
×
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Intangible assets--which include computer software, research and development (R&D), intellectual property, workforce training, and spending to raise the efficiency and brand identification of firms--comprise a subset of services, which, in turn, accounts for three-quarters of all economic activity. Increasingly, intangibles are a principal driver of the competitiveness of U.S.-based firms, economic growth, and opportunities for U.S. workers. Yet, despite these developments, many intangible assets are not reported by companies, and, in the national economic accounts, they are treated as expenses rather than investments.

On June 23, 2008, a workshop was held to examine measurement of intangibles and their role in the U.S. and global economies. The workshop, summarized in the present volume, included discussions of a range of policy-relevant topics, including: what intangibles are and how they work; the variety and scale of emerging markets in intangibles; and what the government's role should be in supporting markets and promoting investment in intangibles.

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