Opening Remarks
Marshall Reinsdorf (Immediate Past President, IARIW) and Rebecca Riley (Director, ESCoE)
Dan Sichel Keynote Address
Chair: Mary O’Mahony (King’s College London)
Dan Sichel (Wellesley College, United States) “Intangibles: How Far We Have Come and the Road Ahead”
Session 1: Defining and Measuring Intangibles
Chair: Sylaja Srinivasan (Bank of England)
Josh Martin (Office for National Statistics) “The F words: why surveying businesses about intangibles is so hard”
Leonard Nakamura (Federal Reserve Bank of Philadelphia) “Deflating Intangible Investment: Some New Ideas and Estimates”
Thomas Niebel (ZEW Mannheim) “Intangible Capital Indicators Based on Web Scraping of Social Media”
Session 2A: Management/Organisational Capital
Chair: Paul Mizen (University of Nottingham)
Jakob Schneebacher (Office for National Statistics) “Channels of Managerial Capital Accumulation – A Framework and New Evidence from UK Microdata”
Takafumi Kawakubo (London School of Economics) “Managing Expectations: How Better Managed Firms Make Better Macro and Micro Forecasts”
Wendy Li (Moon Economics Institute) “Online Platforms’ Creative “Disruption” in Organizational Capital The Accumulated Information of the Firm”
Session 2B: Measurement Issues in Intangible Capital I
Chair: Marianne Paasi (TU Berlin)
Tjaša Redek (University of Ljubljana) “Conceptualizing and Measuring Intangible Capital Using Existing Survey Data Sources in the European Statistical System”
Hannu Piekkola (University of Vaasa and Aarhus University) “Intangibles from innovative work – their valuation and technological change”
Session 3A: Productivity and Intangibles I
Chair: Tony Venables (University of Manchester)
Lea Samek (OECD) “Management, Skills and Productivity”
Cecilia Jona Lasinio (LUISS University and ISTAT) “Organizational capital and global value chain participation: fostering productivity growth in the digital economy”
Dennis Fixler (US Bureau of Economic Analysis) “The Reliability of the Contribution of Intellectual Property Products to GDP Growth”
Session 3B: Measurement Issues in Intangible Capital II
Chair: Mary O’Mahony (King’s College London)
Christoph Weiss (European Investment Bank) “Reflections on complementarities in capital formation and production: Tangible and intangible assets across Europe”
Martin Weale (King’s College London) “Depreciation and Net Capital Services: how much do Intangibles contribute to Economic Growth?”
David Stroll (Birkbeck College) “Collecting Firm Level Data on Intangible Assets”
Session 4: Valuing Data
Chair: Arthur Turrell (Office for National Statistics)
Carol A. Robbins (National Science Foundation) “A First Look at Open-Source Software Investment in the United States and in Other Countries, 2009-2019”
Diane Coyle (University of Cambridge) “Creating and governing social value from data”
Hugo de Bondt (Statistics Netherlands) “Estimating the Value of Data in the Netherlands”
Session 5A: Productivity and Intangibles II
Chair: Anna Valero (LSE)
Alexander Himbert (OECD) “New Evidence on Intangibles, Diffusion and Productivity”
Leo Sveikauskas (US Bureau of Labor Statistics) “Intangible Capital and US Productivity Growth in 61 Industries”
Martin Borowiecki (OECD) “The impact of digitalisation on productivity: Firm-level evidence from the Netherlands”
Session 5B: Evaluating Intangibles
Chair: Monique Ebell (Department for Business, Energy & Industrial Strategy)
Gerrit Hugo van Heuvelen (CPB Netherlands Bureau for Economic Policy Analysis) “Intangible Investment, Labour Composition and Productivity”
Ernst R. Berndt (Massachusetts Institute of Technology and National Bureau of Economic Research) “Aggregate Advertising Expenditure in the U.S. Economy: Measurement Growth Issues in the Digital Era”
Giacomo Oddo (Bank of Italy) “Trade in services, intangible capital, and the profit-shifting hypothesis”
Jonathan Haskel Keynote Address
Chair: Rebecca Riley (King’s College London)
Jonathan Haskel (Imperial College London and Bank of England) “Intangibles: Productivity and Policy”
Closing Panel: Future Directions for Research on Intangible Assets
Chair: Chris Giles (Financial Times)
Panellists:Tera Allas (McKinsey & Co.), Richard Heys (Office for National Statistics), Rachel Solveichik (US Bureau of Economic Analysis) and Stian Westlake (Royal Statistical Society)