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
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8:30 a.m. |
Welcome |
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Stephen Merrill, STEP |
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8:35 |
Keynote |
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Honorable Jeff Bingaman, U.S. Senate (D-NM) |
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8:50 |
Introduction |
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Honorable Cynthia Glassman, Under Secretary for Economic Affairs, U.S. Department of Commerce Innovation Measurement—2008 Report of the Secretary’s Advisory Committee |
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9:20 |
Panel I Introduction to Intangible Assets |
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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? |
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Moderator: Kenneth Flamm, University of Texas-Austin |
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Presenters: |
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Irving Wladawsky-Berger, IBM and MIT |
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Charles Hulten, University of Maryland |
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10:15 |
Break |
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10:30 |
Panel II Macroeconomic Implications of Intangibles |
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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? |
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Moderator: Kenneth Flamm, University of Texas-Austin |
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Presenters: |
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Carol Corrado, The Conference Board |
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Jonathan Haskel, Queen Mary College, University of London |
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Kyoji Fukao, Hitotsubashi University and RIETI |
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Brent Moulton, Bureau of Economic Analysis, Department of Commerce |
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12:15 p.m. |
Lunch |
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1:00 |
Panel III Intangibles in the Firm and Financial Markets |
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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? |
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Moderator: Martin Fleming, Vice President, IBM |
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Presenters: |
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Baruch Lev, New York University Stern School |
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Laurie Bassi, McBassi & Company |
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James Malackowski, Ocean Tomo |
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Ron Bossio, Financial Accounting Standards Board |
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2:45 |
Break |
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3:00 |
Panel IV Intangibles and the Government: Part One |
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What are the priorities of the statistical agencies for collecting better data on intangibles and incorporating them in broader measures of economic performance? |
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Moderator: Jonathan Haskel |
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Presenters: |
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Steven Landefeld, Bureau of Economic Analysis, Department of Commerce |
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John Jankowski, Science Resources Statistics Division, National Science Foundation |
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4:00 |
Panel V Intangibles and the Government: Part Two |
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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? |
