Advantages of understanding the value of intangible assets in a business

Advantages of understanding the value of intangible assets in a business

1. Grant rights and generate income

   • Cost reduction, productivity increase and loss reduction.
     • Customers use the products more
       • Significant gain

2. Types of capital

   • Intellectual capital
     • Human capital
       • -Knowledge -Innovations -Abilities
   • Structural capital
     • -Patents -Licenses -Software

3. Protection of intellectual property.

   • -Secure benefits for human intelligence. -Recompensate creativity and human effort. -Value to employees

4. Methods to estimate the value

   • The impact of intangible assets.
     • -Relation between the product and knowledge. -Interpersonal relations
     • -Managers and employees -Employees and employees -Employees, managers and customers.
       • Teamwork
       • Success of a business
         • Generate more profits
       • Technical-scientific knowledge
         • -Techniques applied to employees. -Patents and licenses
           • Protection titles
             • Avoid use, manufacture or sale without consent
       • Technical-scientific experience
         • -Manufacturing knowledge -Innovations
   • Split intangible assets
     • Marketing
       • Assets used to promote products and services.
         • Product brands or commercial designs
     • Technologies
       • -Intellectual property right -Transfer of knowledge
     • Customers
       • Customer knowledge Contracts, supply, advertising, license agreements
     • Artistic nature
       • Works of art or creations.