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The Merchant Banker of Intellectual Capital
October 8th, 2007
Intellectual Property (IP) has always been important. However, as I have written here, in the last 30 years, it has replaced hard assets as the most important part of corporate valuations. In the Shift Age IP will be the most important asset that any individual or company can own. The ability to create value, transactions, liquidity and ultimately an open marketplace of Intellectual Capital (IC) is therefore one of the most important historical developments that lies ahead for the emerging global economy.In a couple of recent columns, I have written about the efforts of one company, Ocean …
The Financial Exchange for the 21st Century
August 1st, 2007
The New York Stock Exchange was founded in 1817. This was some 50 years after the beginning of the Industrial Age. The need for the NYSE was, in part, a result of the transition of the U.S. economy from one that was completely agricultural to one that was rapidly becoming industrial. During the course of the 1800s the NYSE became increasingly important to the economy as a financial market that could provide both financial liquidity to listed companies and as a way to establish valuation and worth of all companies traded.
In the 20th century the NYSE was joined by many …
Made in China
July 23rd, 2007
Fifteen years ago, when Americans went shopping and came across the phrase “Made in China†it usually was on small, inexpensive trinkets, toys and souvenirs. Ten years ago we started to see these words on apparel. Five years ago we started to see these words seemingly everywhere. During the last five months, if we saw these words it might have meant the death of our pets, food borne illness or perhaps poisoning. [My favorite editorial cartoon on this subject showed two people holding the same product. One was saying “A great dessert topping!†The other saying “Cleans even the toughest …
A Book Convention – Part Two: What’s Going On
June 5th, 2007
As mentioned in the last column I have had the opportunity to attend several conventions this year. In January I attended the Consumer Electronic Show and the NATPE television conference, both in Las Vegas and in February the Chicago Auto Show. This past weekend I was in New York attending the BEA book publishing convention. I have attended a number of NATPE conventions, having been in the television business, but the other three were new to me to attend as both a futurist and as a member of the press. Inevitably I spent a bit of time thinking comparatively on …