This document discusses intangible assets and their relationship to systemic change. It defines intangible assets as non-physical assets like brands, intellectual property, and organizational culture. Intangible assets are characterized by being sunk costs, having spillover effects, being scalable, and creating synergies. The document proposes that intangible assets can contribute to systemic change through experience sharing and building followership, which can lead to cultural and behavioral changes in social systems. It argues more research is needed on the role of intangible assets in nonprofit organizations and driving sustainable development.
5th Global Value Creation Conference https://smartconf.jp/content/gccv5th/program
The Future of Creating Value with AI: A Service Science Perspective
This talk explores the future of Artificial Intelligence (AI) for creating value. AI, both service robot automation and service augmentation platforms, are poised to improve service productivity, quality, compliance, sustainable innovation, resilience, equity and inclusion for under-served populations. Service is defined as the application of knowledge for the benefit of another. Service innovations improve interaction and change processes in business and society. However, to achieve these outcomes and create value with AI, responsible actors (people, businesses, governments, universities) must learn to invest wisely in becoming better future versions of themselves augmented by their AI digital twin. Learning to invest systematically can accelerate both value cocreation and capability coelevation in a virtual cycle of responsible actor interaction and change processes. However, great risks must also be avoided.
5th Global Value Creation Conference https://smartconf.jp/content/gccv5th/program
The Future of Creating Value with AI: A Service Science Perspective
This talk explores the future of Artificial Intelligence (AI) for creating value. AI, both service robot automation and service augmentation platforms, are poised to improve service productivity, quality, compliance, sustainable innovation, resilience, equity and inclusion for under-served populations. Service is defined as the application of knowledge for the benefit of another. Service innovations improve interaction and change processes in business and society. However, to achieve these outcomes and create value with AI, responsible actors (people, businesses, governments, universities) must learn to invest wisely in becoming better future versions of themselves augmented by their AI digital twin. Learning to invest systematically can accelerate both value cocreation and capability coelevation in a virtual cycle of responsible actor interaction and change processes. However, great risks must also be avoided.
Presentation to SMF ASAP group meeting in 2022
http://www.asapsmf.org/xviii-asap-service-management-forum-servitization-circular-economy-27-28-ottobre-2021/
HICSS-55 Meeting - Minitrack: Recording for full session will be uploaded to ISSIP.or YouTube channel
Case studies of Artificial Intelligence, Business Intelligence, Analytics Technologies for Industry Platforms[4]Co-Chairs: Maarit Palo (IBM, Finland), Pekka Neittaanmaki (UJyvaskyla, Finland), Jim Spohrer (IBM Retired, ISSIP.org, USA)
Guest lecture for
Course: Front Lines on Adoption of Digital and AI-based Service Offerings
Course URL: https://www.nhh.no/en/courses/front-lines-on-adoption-of-digital-and-ai-based-services/
Prof Tor Andreassen LI URL: https://www.linkedin.com/in/tor-wallin-andreassen-1aa9031/
Defining the mindset of social entrepreneurshipYutakaTanabe
1. Introduction
2-1. A framework to define the mindset of social
entrepreneurship
2-2. Defining the mindset of social entrepreneurship
2-3. Difference between the definition of the mindset of
entrepreneurship and that of social entrepreneurship
3. Conclusion
Enterprise Risk Management and Moat StrengthVaTanaMaeskm
Enterprise Risk Management and Moat Strength
Vanessa Woodard
Professor Jason Powers
Financal Management 11
July, 25, 2022
Running Head: Enterprise Risk Management and Moat Strength 1
Enterprise Risk Management and Moat Strength 3
Enterprise Risk Management and Moat Strength
Introduction
Analysing risk components is essential in understanding the risk element, which will help the strategic team understand different factors that bring about organizational loss and how they can implement measures to ensure corporate objectives are attained. The information below relates to the enterprise management and MOAT strengths of two corporations, NVIDIA and Intel.
Risk components in each country
NVIDIA is an IT industry organization focusing on computing technology and software elements that are used in the present moment. Intel is an IT industry competitor specializing in digital technology platforms. Intel has existed longer than NVIDIA, and these two corporations have had a hand in the present industry. These corporations are in the maturity stage, operating for several years. These corporations have made progress by adapting to new technologies that have made them profitable and exist in the current moment. Corporations in the IT industry survive by adapting to new technologies.
These corporations face some risks in the present moment. New systems and applications are challenging to make operations efficient and effective this makes some systems obsolete, and these corporations must ensure they have adapted to the new system. Moreover, the corporations face financial risks as there is too much investment in the foreseeable future. The future is unknown, and some of the projects undertaken have not borne fruit. However, these corporations must increase research to keep them abreast of the present moment and increase incomes in the future. NVIDIA holds a considerable position in the gaming industry as it is respected for its graphics. Intel is also appreciated for its graphics in the central processing unit. These corporations are uniquely niched as NVIDIA focuses on gaming, whereas Intel focuses on the application of programs and applications used for several operations. NVIDIA has a more significant economic advantage as it has focused solely on gaming graphics. Some of the graphics in NVIDIA are also applied in computers and other technologies, which makes the corporation advantageous and increases its revenue streams). Moreover, NVIDIA has increased its operations due to qualitative graphics which have made it increase the shareholders' value. Corporations are willing to invest more in the company. NVIDIA is applied for high-end gaming, a present-day cash cow in the IT industry...
As for Intel, their processors are not designed for gaming. Intel has focused more on appearance and ensured their machines consume less power and can be used in the corporate section for some operations. Intel is used in some companies as the laptops purchased, ...
TOO4TO Module 7 / Artificial Intelligence and Sustainability: Part 3TOO4TO
This presentation is part of the Sustainable Management: Tools for Tomorrow (TOO4TO) learning materials. It covers the following topic: Artificial Intelligence and Sustainability (Module 7). The material consists of 3 parts. This presentation covers Part 3.
You can find all TOO4TO Modules and their presentations here: https://too4to.eu/e-learning-course/
TOO4TO was a 35-month EU-funded Erasmus+ project, running until August 2023 in co-operation with European strategic partner institutions of the Gdańsk University of Technology (Poland), the Kaunas University of Technology (Lithuania), Turku University of Applied Sciences (Finland) and Global Impact Grid (Germany).
TOO4TO aims to increase the skills, competencies and awareness of future managers and employees with available tools and methods that can provide sustainable management and, as a result, support sustainable development in the EU and beyond.
Read more about the project here: https://too4to.eu/
This project has been funded with support from the European Commission. Its whole content reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. PROJECT NUMBER 2020-1-PL01-KA203-082076
March 20, 2024
Host Ganesan Narayanasamy (https://www.linkedin.com/in/ganesannarayanasamy/)
Uploaded here:
===
Event 20230320
https://www.linkedin.com/posts/ganesannarayanasamy_productnation-semiconductorproductnation-activity-7174119132114620418-jvpx
Themed Shaping a Sustainable $1 Trillion Era, semicondynamics.org 2024 will gather industry experts on March 20th at Milpitas, California , for insights into the latest trends and innovations Accelerating AI with Semiconductor RTL Front end services and workforce development. The event will feature keynotes from the Semiconductor ecosystem, academia and Industries.
Artificial Intelligence A Study of Automation, and Its Impact on Data Scienceijtsrd
AI is changing the exceptionally nature of work and information science is no special case. Will the more high demand specialized aptitudes of nowadays be required ten a long time from presently. How will the information science teach advance to meet the trade needs of a commercial center with ever increasing applications of AI. Mussaratjahan Korpali | Akshata Walikar | Kaveri Parshuram Vijapur "Artificial Intelligence: A Study of Automation, and Its Impact on Data Science" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49316.pdf Paper URL: https://www.ijtsrd.com/engineering/electrical-engineering/49316/artificial-intelligence-a-study-of-automation-and-its-impact-on-data-science/mussaratjahan-korpali
March 20, 2024
Host Ganesan Narayanasamy (https://www.linkedin.com/in/ganesannarayanasamy/)
Uploaded here:
===
Event 20230320
https://www.linkedin.com/posts/ganesannarayanasamy_productnation-semiconductorproductnation-activity-7174119132114620418-jvpx
Themed Shaping a Sustainable $1 Trillion Era, semicondynamics.org 2024 will gather industry experts on March 20th at Milpitas, California , for insights into the latest trends and innovations Accelerating AI with Semiconductor RTL Front end services and workforce development. The event will feature keynotes from the Semiconductor ecosystem, academia and Industries.
Presentation to SMF ASAP group meeting in 2022
http://www.asapsmf.org/xviii-asap-service-management-forum-servitization-circular-economy-27-28-ottobre-2021/
HICSS-55 Meeting - Minitrack: Recording for full session will be uploaded to ISSIP.or YouTube channel
Case studies of Artificial Intelligence, Business Intelligence, Analytics Technologies for Industry Platforms[4]Co-Chairs: Maarit Palo (IBM, Finland), Pekka Neittaanmaki (UJyvaskyla, Finland), Jim Spohrer (IBM Retired, ISSIP.org, USA)
Guest lecture for
Course: Front Lines on Adoption of Digital and AI-based Service Offerings
Course URL: https://www.nhh.no/en/courses/front-lines-on-adoption-of-digital-and-ai-based-services/
Prof Tor Andreassen LI URL: https://www.linkedin.com/in/tor-wallin-andreassen-1aa9031/
Defining the mindset of social entrepreneurshipYutakaTanabe
1. Introduction
2-1. A framework to define the mindset of social
entrepreneurship
2-2. Defining the mindset of social entrepreneurship
2-3. Difference between the definition of the mindset of
entrepreneurship and that of social entrepreneurship
3. Conclusion
Enterprise Risk Management and Moat StrengthVaTanaMaeskm
Enterprise Risk Management and Moat Strength
Vanessa Woodard
Professor Jason Powers
Financal Management 11
July, 25, 2022
Running Head: Enterprise Risk Management and Moat Strength 1
Enterprise Risk Management and Moat Strength 3
Enterprise Risk Management and Moat Strength
Introduction
Analysing risk components is essential in understanding the risk element, which will help the strategic team understand different factors that bring about organizational loss and how they can implement measures to ensure corporate objectives are attained. The information below relates to the enterprise management and MOAT strengths of two corporations, NVIDIA and Intel.
Risk components in each country
NVIDIA is an IT industry organization focusing on computing technology and software elements that are used in the present moment. Intel is an IT industry competitor specializing in digital technology platforms. Intel has existed longer than NVIDIA, and these two corporations have had a hand in the present industry. These corporations are in the maturity stage, operating for several years. These corporations have made progress by adapting to new technologies that have made them profitable and exist in the current moment. Corporations in the IT industry survive by adapting to new technologies.
These corporations face some risks in the present moment. New systems and applications are challenging to make operations efficient and effective this makes some systems obsolete, and these corporations must ensure they have adapted to the new system. Moreover, the corporations face financial risks as there is too much investment in the foreseeable future. The future is unknown, and some of the projects undertaken have not borne fruit. However, these corporations must increase research to keep them abreast of the present moment and increase incomes in the future. NVIDIA holds a considerable position in the gaming industry as it is respected for its graphics. Intel is also appreciated for its graphics in the central processing unit. These corporations are uniquely niched as NVIDIA focuses on gaming, whereas Intel focuses on the application of programs and applications used for several operations. NVIDIA has a more significant economic advantage as it has focused solely on gaming graphics. Some of the graphics in NVIDIA are also applied in computers and other technologies, which makes the corporation advantageous and increases its revenue streams). Moreover, NVIDIA has increased its operations due to qualitative graphics which have made it increase the shareholders' value. Corporations are willing to invest more in the company. NVIDIA is applied for high-end gaming, a present-day cash cow in the IT industry...
As for Intel, their processors are not designed for gaming. Intel has focused more on appearance and ensured their machines consume less power and can be used in the corporate section for some operations. Intel is used in some companies as the laptops purchased, ...
TOO4TO Module 7 / Artificial Intelligence and Sustainability: Part 3TOO4TO
This presentation is part of the Sustainable Management: Tools for Tomorrow (TOO4TO) learning materials. It covers the following topic: Artificial Intelligence and Sustainability (Module 7). The material consists of 3 parts. This presentation covers Part 3.
You can find all TOO4TO Modules and their presentations here: https://too4to.eu/e-learning-course/
TOO4TO was a 35-month EU-funded Erasmus+ project, running until August 2023 in co-operation with European strategic partner institutions of the Gdańsk University of Technology (Poland), the Kaunas University of Technology (Lithuania), Turku University of Applied Sciences (Finland) and Global Impact Grid (Germany).
TOO4TO aims to increase the skills, competencies and awareness of future managers and employees with available tools and methods that can provide sustainable management and, as a result, support sustainable development in the EU and beyond.
Read more about the project here: https://too4to.eu/
This project has been funded with support from the European Commission. Its whole content reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein. PROJECT NUMBER 2020-1-PL01-KA203-082076
March 20, 2024
Host Ganesan Narayanasamy (https://www.linkedin.com/in/ganesannarayanasamy/)
Uploaded here:
===
Event 20230320
https://www.linkedin.com/posts/ganesannarayanasamy_productnation-semiconductorproductnation-activity-7174119132114620418-jvpx
Themed Shaping a Sustainable $1 Trillion Era, semicondynamics.org 2024 will gather industry experts on March 20th at Milpitas, California , for insights into the latest trends and innovations Accelerating AI with Semiconductor RTL Front end services and workforce development. The event will feature keynotes from the Semiconductor ecosystem, academia and Industries.
Artificial Intelligence A Study of Automation, and Its Impact on Data Scienceijtsrd
AI is changing the exceptionally nature of work and information science is no special case. Will the more high demand specialized aptitudes of nowadays be required ten a long time from presently. How will the information science teach advance to meet the trade needs of a commercial center with ever increasing applications of AI. Mussaratjahan Korpali | Akshata Walikar | Kaveri Parshuram Vijapur "Artificial Intelligence: A Study of Automation, and Its Impact on Data Science" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-2 , February 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49316.pdf Paper URL: https://www.ijtsrd.com/engineering/electrical-engineering/49316/artificial-intelligence-a-study-of-automation-and-its-impact-on-data-science/mussaratjahan-korpali
March 20, 2024
Host Ganesan Narayanasamy (https://www.linkedin.com/in/ganesannarayanasamy/)
Uploaded here:
===
Event 20230320
https://www.linkedin.com/posts/ganesannarayanasamy_productnation-semiconductorproductnation-activity-7174119132114620418-jvpx
Themed Shaping a Sustainable $1 Trillion Era, semicondynamics.org 2024 will gather industry experts on March 20th at Milpitas, California , for insights into the latest trends and innovations Accelerating AI with Semiconductor RTL Front end services and workforce development. The event will feature keynotes from the Semiconductor ecosystem, academia and Industries.
Similar to Intangible Assets for Systemic Changein Social Entrepreneurship (20)
Defining the mindset of social entrepreneurshipYutakaTanabe
International Society for Thiird-Sector Research (ISTR)
13th International Conference Amsterdam, The Netherlands 10-13 JULY 2018
Session: Social Innovation and Social Entrepreneurship
Defining the mindset of social entrepreneurship
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Yutaka Tanabe (Japan)
y.tanabe@gamechanger-inst.org
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the Université Catholique de Louvain (Louvain-la-Neuve, Belgium)
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国際NPO学会(ISTR)第12回大会がスウェーデンのストックホルムにて2016年6月28日から7月1日にて開催されています。明日、自分の学会発表に使用するスライド資料をアップします。
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
2. Actually, we humans can see only 5% in the universe.
2
https://physics.ucr.edu/image/dark-matter-dark-energy-pie-chart
Over 90% of
things are
invisible.
Good morning. Thank you for giving me the precious opportunity. I am Yutaka Tanabe, a researcher and a social entrepreneur in Japan. Today I will give a presentation about my essay – Intangible Assets for Systemic Change in Social Entrepreneurship. Please note this essay is in progress. I hope my presentation would contribute to the discussion in this session.
First of all, actually we humans can see only 5% in the universe according to the researchers of physics. Over 90% of things are invisible.
This is the table of contents. This is organized by the research question, which I will explain you later.
The purpose of this essay is to introduce the relationship between intangible assets and systemic change as a qualitative study. My Research Question: What are the definitions of intangible assets and systemic change? Do intangible assets contribute to systemic change? If yes, why, and how?
By the way, here are quick examples of intangible assets, brand. IBM, Ben & Jerry’s, Canada, Montreal. These have brands for many people, and brands are one of intangible assets.
International Accounting Standards (IAS) defines “An intangible asset is an identifiable, non-monetary asset, without physical substance”. Haskel et al. (2017) define intangible assets as patent, copyright, design, intellectual property rights (IPR), trademark, training, branding, etc. Training improves human resources which are the most valuable asset in organizations (Chareonsuk et al. 2010). Mindset is shared through training (Zeeb 2020). Mindset creates culture (Romero 2017). Organizational culture is an intangible asset (Chareonsuk et al. 2008).
The value of intangible assets is amplified and visualized by information technology quickly (Haskel et al. 2017). Intangible assets, as Haskel et al. (2017) explain, now play a huge role in the world economy which is experiencing a fundamental shift. For example, the market value of Microsoft, a technology giant firm, was $250 bn in 2006. However, the traditional asset (e.g. plants and equipment) were only $3 bn, 4% of Microsoft’s assets and 1% of its market value in 2006. “Capitalism without capital” is emerging and spreading globally. Intangible assets in the S&P 500 account for $21.03 trillion in 2018 and 90% of the total assets in 2020. Intangible assets are now giant in the world economy.
Why have intangible assets expanded so much and rapidly? The four characteristics of intangible assets are responsible - (1) sunk cost, (2) spillover, (3) scalable, and (4) synergy.
(1) sunk cost
“Because the [intangible] assets are often context-specific, it is hard for markets to emerge to trade them, unlike a house. With no market, you have to find another way to value the asset, which is hard to do.”
(2) Spillover
“it is relatively easy for other businesses to take advantage of intangible investments they don’t themselves make.”
“The classic example is R&D: copying other people’s ideas is relatively easy, unless the law prevents it by means of patents or copyrights.”
(3) Scalable
“Consider Coke: the Coca Cola Company, based in Atlanta, Georgia, is responsible for only a limited number of the things that happen to produce a liter of Coke. Its most valuable assets are intangible: brands, licensing agreements, and the recipe for how to make the syrup that makes Coke taste like Coke.”
“A scalable asset, like Uber’s software or Starbucks’s brand, can be scaled across a very large number of locations.”
(4) Synergy
“The synergies between IT and intangibles work on a couple of levels. First of all, computer hardware has a direct, and in a sense trivial, synergy with one type of intangible: software. That’s the point of software. To put it another way, computers are physical devices that become useful and valuable when you fill them with useful, intangible information.”
Radonić et al (2020) propose ROIA (Return on intangible assets) as an evaluation metric.
For example, if the value of intangible assets is 1,097.7 and the net income is 138.4, the ROIA will be 12.61%. So, it would be assumed that we can calculate ROIA for managent accounting.
On the other hand, the concept of systemic change is based on systems thinking (Senge et al. 2007, Meadows 2008).
Senge et al. (2007) argue “True systemic change means enacting new ways of thinking, creating new formal structures and, ultimately, transforming relationships”.
Social systems are complex, so do social problems (Westley et al. 2009). Social problems arise from flaws in social systems. Therefore, it is safe to say that a social problem is a systemic problem (e.g. systemic racism).
Systemic change is achieved when the flaws in the social system are fixed through legal reform, behavioral change, and/or cultural change.
Buonomo et al. (2020) review intangible assets in nonprofit organizations and argue that intellectual assets are important in NPO management.
Castilla-Polo et al. (2020) state that intangible assets play an important role in cooperatives aiming for sustainable development.
However, these discussions do not go beyond how intangible assets contribute to systemic change.
How do intangible assets such as knowledge, mindset, and organizational culture contribute to systemic change? I propose a conceptual framework.
Cultural change derived from mindset change by social entrepreneurship leads to systemic change because culture facilitates “new ways of thinking, creating new formal structures and, ultimately, transforming relationships”(Senge et al. 2007). Culture fundamentally determines our way of life and how we live. Then, intangible assets are diffused by followership and experience sharing because these two invisible elements are easy to spread exponentially. Social entrepreneurs strategically foster followership and experience sharing to expand empathy among society; empathy plays one of the most powerful role for systemic change. The four characteristics of intangible assets - (1) sunk cost, (2) spillover, (3) scalable, and (4) synergy contribute to expand hugely. Social values or environmental values are invisible; non-monetary values are basically intangible. So, it would be inferred that there are a lot of intangible assets in social sector because it contains many invisible values.
Importantly, intangible assets are stock; the transactions of the intangible assets are flows. Experience sharing are flows from the intangible assets contribute to the systemic change because experience is one of the basis of culture. Experience matters because people value experience; sometimes people pay a lot of money to gain new experiences. So, intangible assets also create economic flows such as donation memberships and subscription models which share experience to generate not only social values but also economic values. Economic value facilitates scaling of social entrepreneurship. Therefore, intangible assets are driving forces for systemic change.
The research area of both intangible assets and systemic change is comparatively new and still widely unknown.
It is true that defining intangibles is difficult (Nichita, 2019).
However, intangible assets play a huge role in our society and have an important function for systemic change as introduced above.
The originality of this essay is to clarify how intangible assets contribute to systemic change qualitatively, and to share the importance of the concept of intangible assets for social entrepreneurship practice and research.