Laws of the intangible economy

 

  • •Scarce does not mean valuable, abundant does not mean worthless

  • •End of information asymmetry: Customer is always smart

  • •Wager economy: Leveraging success is more important than avoiding failure

  • •Inclusivity: this is a two way street

  • •Corporate strategy: Schizophrenia rules

  • •Don’t compete, coopete

  • •Intangible markets: Catch the value where and when you can

  • •Measurement systems: Intangible is primary, tangible secondary