A Facebook employee walks past a sign at the company’s headquarters in Menlo Park, California, in March 2013. Facebook is an example of a company with a business model built around intangible capital. Photo: AP A Facebook employee walks past a sign at the company’s headquarters in Menlo Park, California, in March 2013. Facebook is an example of a company with a business model built around intangible capital. Photo: AP
A Facebook employee walks past a sign at the company’s headquarters in Menlo Park, California, in March 2013. Facebook is an example of a company with a business model built around intangible capital. Photo: AP
Richard Wong
Opinion

Opinion

The View by Richard Wong

How the new economy of ideas widens social inequality and fuels populist movements around the world

  • Richard Wong says as the most valuable forms of capital are increasingly non-physical assets and with giant firms dominating intangible-capital industries, the challenge of the future will be how to ensure that growth is inclusive

A Facebook employee walks past a sign at the company’s headquarters in Menlo Park, California, in March 2013. Facebook is an example of a company with a business model built around intangible capital. Photo: AP A Facebook employee walks past a sign at the company’s headquarters in Menlo Park, California, in March 2013. Facebook is an example of a company with a business model built around intangible capital. Photo: AP
A Facebook employee walks past a sign at the company’s headquarters in Menlo Park, California, in March 2013. Facebook is an example of a company with a business model built around intangible capital. Photo: AP
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Richard Wong

Richard Wong

Richard Wong Yue-chim is the Philip Wong Kennedy Wong Professor in Political Economy at the University of Hong Kong