Intangibles, Market Failure and Innovation Performance

Ahmed Bounfour is Professor and the Titular of the European Chair on Intellectual Capital Management at University of Paris-Sud. In his position at the University of Paris-Sud, Ahmed Bounfour initiated the first chair on intangibles (intellectual capital) at the international level, which is /was supported by several prestigious founding partners, such as Air Liquide, Caisse des Dépots et Consignations, CIGREF, the French National Patent Office-INPI, the European Patents Office, Fondation AIRBUS Group, Bouygues Telecom, Afope and Groupement des Mousquetaires. He is the Scientific Director of the World Conference on Intellectual Capital for communities - co-organized with the World Bank, Paris (2005-2013). Ahmed Bounfour is member of several academic and professional working groups dealing with intangibles and innovation, he has published numerous studies on these topics in academic and professional journals and has been the Editor for several special issues of research journals in knowledge management, innovation and information systems. He is Editor of the SpringerBriefs in Digital Spaces series and co-director of the Franco-German Round Table on intangibles

Tsutomu Miyagawa is professor of economics at Gakushuin University in Japan. He is also a faculty fellow at the Research Institute of Economy, Trade and Industry (RIETI). He has a Ph.D. in Economics from Hitotsubashi University. He has initiated research on intangibles in Japan, measuring intangible investment at the aggregate and sectoral levels in collaboration with RIETI. He is the author of several studies on intangible assets in Japan, published in ＂Review of Income and Wealth＂ and in ＂Japanese Economic Review＂. He has also published studies on network externality effects in the ICT economy, on R&D and corporate governance, and on market competition and productivity growth.