One of the consequences of demateralisation is that things t...

One of the consequences of demateralisation is that things that “retain their economic values independent of the physical medium containing them”[4]. The value of a product is not in its tangible heft, rather it is in the intangibles, the know-how that went into it, its design, look-and-feel, engineering specification and brand. Economists call these weightless attributes intangible assets to distinguish them from the tangible physical assets. When McKinsey & Co evaluated 6,000 global companies, they found the top 10%, the superstars, were masters of the intangible, from R&D to brand stewardship; from digital adoption to skills.[5]

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www.joshbeckman.org/notes/230953748