Intangible assets economy
R&D, Brand and Marketing, Technology Platform, Organisation Design, and Employee Engagement and Training — are all key drivers of growth, and are considered intangible assets by economists, but are not fully recognised by GAAP accounting standards. ⅔ of intangible assets are unmeasured by firms, as confirmed by the ONS. The Opagio platform helps you identify, measure and track your intangible assets to ensure firms receive the true market value for their investments.
Between 1995 and 2015, the share of intangible asset market value (IAMV) of the S&P500 index components increased from 68% to 84% (as calculated by Ocean Tomo).
COVID-19 has accelerated the trend of increasing IAMV share, with intangible assets now commanding over 90% of the S&P500 market value. This trend holds for the S&P Europe 350 index as well, with an increase from 71% in 2015 to 74% in 2020.