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| {{wiktionary|intangible}} | |||
| There are two key types of '''Intangibles''' according to international intangible standards | |||
| '''Intangibles''' or '''intangible''' may refer to: | |||
| 1. '''Soft intangibles''' - Which relate to knowledge (non-collaborative activities) and relationships (collaborative activities) in their source (non-owned form). Soft intangibles cannot be owned by an organization which has led many in the financial world to state that they are invisible. This assumption is false. Soft intangibles (tacit knowledge, expertise, quality, service, sustainability, engagement, motivation, etc) do NOT require ownership in order to be managed. These resources create value when they are influenced and typically lose value when they are converted into separable assets, called "hard intangibles". ; and | |||
| * ], an asset class used in accounting | |||
| 2. '''Hard intangibles''' - Occur when soft intangibles become subject to legal ownership. This occurs in three basic ways (1) as an act of creation (the development of intellectual property such as copyright, trademarks, patents, designs, etc), (2) an act of acquisition (goodwill), or (3) an act of independent valuation (reputation). | |||
| * ], the difference in value between tangible assets (physical and financial) and market value | |||
| * ], a legal concept | |||
| * ], the expected collective or economic benefits derived from the preferential treatment and cooperation between individuals and groups | |||
| * "Intangibles", an ] | |||
| {{disambiguation}} | |||
| The key issue is that soft intangibles create hard intangibles. | |||
| Soft intangibles are also responsible for the allocation of costs and the creation of service, engagement, motivation, and therefore productivity, revenue, and ultimately earnings and investor returns. | |||
| It is possible to scientifically identify, audit, visually map, and financially report soft intangible value. | |||
| Intangibles are also qualities in an individual or group of individuals, especially those organized in an official group (e.g. a ] team or ]) which affect performance but are not directly measurable. They are often cited as a reason for performance which is surprisingly better or worse than expected. For example, no particular player on a sports team might be seen as a standout player, but as a group they might be able to defeat teams who are seen as superior in skill. Intangibles are often broken down into categories of abstract nouns including ability to work as a team, dedication and effort, and so on. | |||
| *In the business world, intangibles are commonly referred to as ]s or ]. | |||
| *Intangibles that are legally created are referred to as ]. | |||
| *Intangibles can be systematically identified, audited, financially valued and managed through the application of more than 40 international intangible standards | |||
| ]. | |||
| ''See ] for intangibles issues that arise in ], including a more detailed sports example.'' | |||
| ''See ] for issues that arise in ], including a more detailed breakdown of types of assets.'' | |||
| {{disambig}} | |||
Latest revision as of 22:31, 1 March 2022
Intangibles or intangible may refer to:
- Intangible asset, an asset class used in accounting
- Intellectual capital, the difference in value between tangible assets (physical and financial) and market value
- Intellectual property, a legal concept
- Social capital, the expected collective or economic benefits derived from the preferential treatment and cooperation between individuals and groups
- "Intangibles", an episode of The Good Doctor
This disambiguation page lists articles associated with the title Intangibles.If an internal link led you here, you may wish to change the link to point directly to the intended article. Category: