The significance of understanding how to profit from knowledge and possibilities to capitalize intangibles is becoming more evident along with the increasing complexity of technologies. Among others, financial standards and intellectual property related legislation set rules on treating intangible assets in business and financial accounting. The fact that a resource cannot be directly found in an organization’s balance, does not necessarily mean that it could not serve as an enabling or a value adding factor in creation of products, services or other sources of income thus subsequently bring value, if not immediately, perhaps later.There are resources the stature of which can be difficult to consider fully or at all, e.g. due to their vague nature or in the absence of efficient markets. May your decision concern e.g. product development, inventions, employees, information systems, efforts to collect data, business relations, or process enhancements, it is good to recognize the impacts of your decision and the factors that count the most for your success.Sizense provides consultations on the issue. Examples of topics that generally come up in consultations include:•Types of intangible assets.•Approaches and valuation.•Potential for value development and increase in profitability.•Possibilities to protect.For additional information, please contact us.Text: The Purpose of Intangibles and How to Secure IntangiblesVideo: VALUE AND INTANGIBLESWhy Should We Pay Attention to Intangibles?How to Manage Intangibles?Video: Value Determination, Structurality and Tangibility.
SizeMarrowNURTURING INTANGIBLESEvaluating and Developing Intellectual Capital
The significance of understanding how to profit from knowledge and possibilities to capitalize intangibles is becoming more evident along with the increasing complexity of technologies. Among others, financial standards and intellectual property related legislation set rules on treating intangible assets in business and financial accounting. The fact that a resource cannot be directly found in an organization’s balance, does not necessarily mean that it could not serve as an enabling or a value adding factor in creation of products, services or other sources of income thus subsequently bring value, if not immediately, perhaps later.There are resources the stature of which can be difficult to consider fully or at all, e.g. due to their vague nature or in the absence of efficient markets. May your decision concern e.g. product development, inventions, employees, information systems, efforts to collect data, business relations, or process enhancements, it is good to recognize the impacts of your decision and the factors that count the most for your success.Sizense provides consultations on the issue. Examples of topics that generally come up in consultations include:•Types of intangible assets.•Approaches and valuation.•Potential for value development and increase in profitability.•Possibilities to protect.For additional information, please contact us.Text: The Purpose of Intangibles and How to Secure IntangiblesVideo: VALUE AND INTANGIBLESWhy Should We Pay Attention to Intangibles?How to Manage Intangibles?Video: Value Determination, Structurality and Tangibility.
SizeMarrowNURTURING INTANGIBLESEvaluating and Developing Intellectual Capital