Why might the standard approaches to asset classification become problematic in a knowledge-based economy? Consider the challenges in recording and measuring intellectual capital and human resources. What alternative frameworks could better represent these intangible assets?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter16: Financially Troubled Ventures: Turnaround Opportunities?
Section: Chapter Questions
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Why might the standard approaches to asset classification become problematic in a
knowledge-based economy? Consider the challenges in recording and measuring
intellectual capital and human resources. What alternative frameworks could better
represent these intangible assets?
Transcribed Image Text:Why might the standard approaches to asset classification become problematic in a knowledge-based economy? Consider the challenges in recording and measuring intellectual capital and human resources. What alternative frameworks could better represent these intangible assets?
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