Intangible Assets in the Global Economy Better Data for Better Policies
The second edition of the Global INTAN-Invest Conference, co-organized by the Luiss Business School and the World Intellectual Property Organization (WIPO), is part of the Partnership on Intangible Assets in the Global Economy.
Building on the success of the first edition, the second edition will provide a platform to discuss updated estimates on global intangible investment, covering an expanded range of economies ahead of the upcoming release of the World Intangible Investment Highlights in July 2025. The conference also aims to underscore the need for better data collection and improved measurement frameworks to inform evidence-based policies that foster innovation and economic growth.
The two-day event (May 5–6) will feature thematic sessions, keynote addresses, and a panel discussion to explore various aspects of intangible assets, offering a comprehensive overview of trends, challenges, and opportunities in this rapidly evolving field.
Day 1 – Monday, May 5
9:00 am Coffee and Registration
9:30 am Welcome
Paolo Boccardelli, Rector, Luiss University
Raffaele Oriani, Dean of Luiss Business School and Full Professor of Corporate Finance at Luiss University
Marco Aleman, Assistant Director General, Intellectual Property and Innovation Ecosystems Sector (IES), World Intellectual Property Organization (WIPO)
9:45 am Introduction
Cecilia Jona-Lasinio, Full Professor of Applied Economics, Luiss Business School
Carsten Fink, Chief Economist, Department for Economics and Data Analytics (DEDA), IES, WIPO
9:55 am Opening Remarks by the Guest of Honor
Pier Carlo Padoan, Chairman of the Board of Directors, UniCredit Group
10:10 am Keynote - AI-Powered Innovation and Growth through Investment in Intangible Assets
Jonathan Haskel, Professor of Economics, Imperial College Business School, Imperial College London
Commentator
Christian Keller, Head of Research, Barclays
Q&A
10:45 am Coffee Break
11:00 am Session 1 – Measuring Intangible Investment: The Latest Evidence from Global INTAN-Invest
Chair
Mary O'Mahony, Professor of Applied Economics, King's Business School
Presentation 1 - Global INTAN-Invest: The Latest Evidence from High-Income Economies
Cecilia Jona-Lasinio, Full Professor of Applied Economics, Luiss Business School
Sacha Wunsch-Vincent, Head of Section, DEDA, IES, WIPO
Massimiliano Iommi, Research Fellow, Luiss Lab of European Economics, Italian National Institute of Statistics (Istat)
Presentation 2 - Intangible Investment in Japan
Tsutomu Miyagawa, Professor, Faculty of Economics, Gakushuin University
Presentation 3 - Intangible Investment in Middle-Income Economies: Evidence from India and Brazil
Filippo Bontadini, Assistant Professor of Applied Economics, Luiss University
Florencia Jaccoud, Postdoctoral Researcher, University of Camerino
Commentators:
Rodrigo Ventura, Chief Economist, Brazilian National Institute of Industrial Property (INPI)
Yue Li, China National Intellectual Property Administration (CNIPA)
Q&A
12:30 pm Light Lunch
1:30 pm Session 2 – Intangible Capital, Productivity, and Growth
Chair
Carlo Altomonte, Associate Professor of Economics, Bocconi University
Presentation 1 - Is Europe Mid-Tech? A Sectoral Account of Total Factor Productivity Growth from the Latest Vintage of the EU-KLEMS Database
Plamen Nikolov, European Commission, Directorate-General for Economic and Financial Affairs (DG ECFIN), Unit B2: Economics of Structural Reforms and Investment
with W. Simons, A. Turrini, and P. Voigt, European Commission, DG ECFIN, Unit B2: Economics of Structural Reforms and Investment
Presentation 2 - Understanding Productivity Gaps: The Nexus between Intangible Capital and Market Power
Enrico Marvasi, Associate Professor of Applied Economics, Roma Tre University
with C. Jona-Lasinio, Luiss Business School; S. Manzocchi, Luiss University
Presentation 3 - The Effects of Investment in Training on Productivity Growth in the European Union
Iulia Siedschlag, Associate Research Professor at the Economic and Social Research Institute Dublin and Adjunct Professor in the Department of Economics at Trinity College Dublin
with J. Durán, The Economic and Social Research Institute (ESRI) and the Department of Economics, Trinity College Dublin.
Commentators:
Jim Tebrake, Deputy Director, Statistics Department, International Monetary Fund (IMF)
Jorrit Zwijnenburg, Head of Sectoral and National Accounts, Statistics and Data Directorate, Organization for Economic Co-operation and Development (OECD)
Q&A
3:00 pm Coffee Break
3:15 pm Session 3 – Intangible Investment over the Business Cycle
Chair
Jonathan Haskel, Professor of Economics, Imperial College Business School, Imperial College London
Presentation 1 - Intangible Investment, Aggregate Supply, and Inflation
Li Zeng, Senior Economist, International Monetary Fund (IMF)
Presentation 2 - On the Countercyclicality of Intangible Economies in Europe
Petros Varthalitis, Assistant Professor of Macroeconomics, Athens University of Economics and Business
with V. Dimakopoulou, National and Kapodistrian University of Athens; S. Sakkas, University of Cyprus
Presentation 3 - Why Has Investment Been Weak? A Cross-Country Analysis
Fatih Ozturk, Economist, Organization for Economic Co-operation and Development (OECD)
with D. Dlugosch, P. Gal, J. Hooley, and F. Unsal, Organization for Economic Co-operation and Development (OECD)
Commentators:
David Wasshausen, Associate Director for National Economic Accounts, Bureau of Economic Analysis (BEA)
Andrea Caggese, Associate Professor of Economics, Pompeu Fabra University, Barcelona
Q&A
4:45 pm Coffee Break
5:00 pm Industry Roundtable – Unlocking the Potential of Intangible Investment
Chair:
Sacha Wunsch-Vincent, Head of Section, DEDA, IES, WIPO
Speakers:
Lorenzo Coruzzi, Valuation Director, Brand Finance
Stella Padovani, Senior Manager of Intellectual Property and Brand Protection, Moncler
Antonello Mordeglia, Member of the Board, Danieli SpA, and President, Danieli Automation
Sergio Lasca, Head of Intellectual Property, Patents, and Know-How, Pirelli
5:45 pm Adjournment
Day 2 – Tuesday, May 6
9:30 am Welcome Coffee
10:00 am Session 4 – AI, Data, and New Intangibles: Expanding the Intangible Asset Boundary
Chair
Carol Corrado, Senior Policy Scholar, Georgetown University
Presentation 1 - Data, Uncertainty, and R&D Investments
Siavash Mohades, Postdoctoral Fellow, London Business School, Maastricht University, Luiss University
with M. Savona, London Business School, Luiss University
Presentation 2 - A Sectoral Taxonomy of AI Intensity
Lea Samek, Economist, Organization for Economic Co-operation and Development (OECD)
with F. Calvino, H. Dernis, and A. Ughi, Organization for Economic Co-operation and Development (OECD)
Presentation 3 - AI Innovation and the Labor Share in European Regions
Francesco Venturini, Associate Professor, Department of Economics, University of Urbino
with A. Minniti, University of Bologna; K. Prettner, Vienna University of Economics and Business, University of Economics in Bratislava, and SGH Warsaw School of Economics.
Presentation 4 - Beyond Classification: Patent Landscaping without Industry Codes and Patent Classes
Maria Isabella Leone, Management and Corporate Business, Luiss University and Luiss Business School
with P. Belingheri and T. Panahli, Luiss University.
Jonathan Haskel, Professor of Economics, Imperial College Business School, Imperial College London
John Lourenze Poquiz, Research Associate, Bennett Institute for Public Policy, University of Cambridge
Q&A
12:00 pm Light Lunch
1:30 pm Session 5 – Intangible Assets, Firm Performance, and Market Power: Implications for Competition Policy
Chair:
Alessandra Perri, Full Professor of Management, Luiss Business School
Presentation 1 - Intangibles, Innovation, and Firm Dynamics
Francesca Lotti, Bank of Italy and Adjunct Professor of Strategic Management, Innovation, and Sustainability, Graduate School, Luiss University
Presentation 2 - Exploring the Evolution and State of Competition in the EU
Sara Calligaris, Senior Economist, STI, Organization for Economic Co-operation and Development (OECD)
with M. Chaves, NIPE/University of Minho; C. Criscuolo, IFC, Centre for Economic Performance; J. De Lyon, OECD, Centre for Economic Performance; A. Greppi, and O. Pallanch, OECD.
Presentation 3 - Intangible Assets as Drivers of Firm Performance
Elias Collette, Director General, Corporate Strategies and Services Branch, Canadian Intellectual Property Office (CIPO)
Commentators:
Debora Revoltella, Chief Economist, European Investment Bank (EIB)
Carol Corrado, Senior Policy Scholar, Georgetown University
Q&A
3:00 pm Closing Keynote – Intangibles, Firm Dynamics, and Market Power
Thomas Philippon, Stern School of Business, New York University
Chair
Carsten Fink, Chief Economist, DEDA, IES, WIPO
Q&A
3:30 pm Conclusion
Stefano Manzocchi, Deputy Rector for Research, Luiss University
Carsten Fink, Chief Economist, DEDA, IES, WIPO