Tag: competitiveness

Maybe you missed the information if you tried to disconnect this summer but a very important was made in July in the perspective of building an actual digital economy. The United States decided to change the way GDP is calculated in order to better take intangible assets into account. Practically speaking it means that R&D and "artistic creation" won't be considered as investment and not expenses. As the US Bureau of Economic Analysis (BEA) says : Developing intangible assets becomes an investment. Expenditures by business, government, and nonprofit institutions serving households (NPISH)for...