Fifty years ago, the assets held by S&P 500 companies were predominantly physical — factories, equipment, inventory et cetera. But today, it is estimated that around 90 per cent of their assets are intangible, ranging from intellectual property, brand value and networks, to code, content, talent and knowledge.
50年前,标普500指数(S&P 500)公司持有的资产主要为实物——工厂、设备、库存等等。但如今,据估计它们约90%的资产是无形的——从知识产权、品牌价值和掌握的各种网络,到代码、内容、人才和知识。
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