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Intangibles Demanding Visibility.

The move towards valuing intangible assets and their contribution to an organization's economic growth is gaining momentum and the attention of broader audiences. One source adding to the dialog is a task force assembled by the Brookings Institution.

Unseen Wealth, the report published by The Brookings Task Force on Intangibles, raises issues and makes recommendations for government and business to work together to improve the quality and reliability of information about intangibles. The report represents two years of research by the group of business leaders, consultants, accounting professionals, economists, intellectual property lawyers and policy analysts, co-chaired by Margaret M. Blair and Steven M. H. Wallman. Blair is a nonresident senior fellow at the Brookings Institution and a professor at Georgetown University Law Center. Wallman is a nonresident senior fellow at the Brookings Institution, founder and CEO of financial services and brokerage firm FOLIOfn and a former commissioner of the Securities and Exchange Commission. The report was co-authored by Blair and Wallman.

The task force argues that over time, better information on intangibles will lead to better resource allocation decisions, as well as greater stability and fairness in capital markets. It recommends specific reforms from the business, government and legal communities.

Unseen Wealth is available by calling 202.797.6100 or through the Web site: www.brookings.edu.
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Author:Heffes, Ellen M.
Publication:Financial Executive
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 1, 2001
Words:217
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