Intangible Capital

Intangible Capital

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Term2.png INTANGIBLE CAPITAL
Inputs to production that are long-lived and have measurable value, but are not physical. Human capital is a form of intangible capital. Conceptually, the body of knowledge accumulated from expenditures on research and development is intangible capital; but its value is not yet routinely measured. [1]



References

  1. www.economicadventure.org (1st July 2008)