ABSTRACT
This paper addresses the issues of understanding and measuring the key trends which shape the modern economy. We define those trends as the Intangible Economy. Official methods and approaches, whether at the macro-economic or micro-economic levels, are widely acknowledged to be inadequate for its apprehension. Furthermore, it is uncertain whether the current efforts to improve the accuracy of statistical and accounting data will be sufficient to bridge the measurement gap. We believe that there is a need for a substantial and substantive increase in further research. Such research should go beyond methodology and address the questions of qualitative change and of the nature of markets in the economy.
