Difference between revisions of "Intangible asset"
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Intangible assets of an organization are the part of its assets which are not in physical form and do not have an obvious physical value. Intangible assets do not define organization's current market value like tangible assets. However, intangible assets can be critical to organization's long-term success or failure and define its future value. | Intangible assets of an organization are the part of its assets which are not in physical form and do not have an obvious physical value. Intangible assets do not define organization's current market value like tangible assets. However, intangible assets can be critical to organization's long-term success or failure and define its future value. | ||
| − | As depicted in Fig 1, | + | As depicted in Fig 1, intangible assets include [[Human asset|human]] and [[Knowledge asset|knowledgeassets]]. In addition, the reputation of the organization, its intellectyal property, copyrights, patents, business processes, culture and trade marks are part of its intangible assets. |
Revision as of 15:21, 25 May 2014
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Definition
Intangible asset is A non-physical asset of an organization
Source: Planning and Execution of Knowledge Management Assist Missions for Nuclear Organizations
Summary
Description
Intangible assets of an organization are the part of its assets which are not in physical form and do not have an obvious physical value. Intangible assets do not define organization's current market value like tangible assets. However, intangible assets can be critical to organization's long-term success or failure and define its future value.
As depicted in Fig 1, intangible assets include human and knowledgeassets. In addition, the reputation of the organization, its intellectyal property, copyrights, patents, business processes, culture and trade marks are part of its intangible assets.
