Unseen Wealth: Report of the Brookings Task Force on Intangibles

Intangibles are harder to measure, harder to quantify, and often more difficult to manage, evaluate, and account for than tangible assets. There is no common language for sharing information about intangible sources of value, and the language used tends to be descriptive rather than quantitative and concrete. Unseen Wealth stresses the importance of developing standards for identifying, measuring, and accounting for intangible assets, and recommends actions to government and businesses for improving the quality and quantity of available information about intangible investments. The book articulates a three-pronged set of reforms to help companies construct better business and reporting models, improve the quality of financial reporting, and clarify intellectual property rights laws. Unseen Wealth was developed by the Brookings Task Force on Intangibles, which includes business leaders, consultants, accounting professionals, economists, intellectual property lawyers, and policy analysts.

Author: Margaret M. Blair
Publisher: Brookings Institution Press
Published: 05/01/2001
Pages: 136
Binding Type: Paperback
Weight: 0.52lbs
Size: 9.04h x 6.00w x 0.39d
ISBN: 9780815701132

Review Citation(s):
Reference and Research Bk News 02/01/2002 pg. 102

About the Author

Margaret M. Blair is a senior fellow in Economic Studies at the Brookings Institution and the author of Ownership and Control: Rethinking Corporate Governance for the Twenty-first Century (Brookings, 1995).

Steven M. H. Wallman is a nonresident senior fellow at the Brookings Institution and a former commissioner of the U.S. Securities and Exchange Commission.