Intangible Value

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Intangible Value

In accounting, the value of an asset that cannot be seen or touched. Intangible assets include things like patents and brand recognition, which add value to a company. It is very difficult to determine intangible value because its liquidity and intrinsic value are often unknowable. Intangible values are sometimes not included in a company's valuation. However, not including them may not express the company's true value.
References in periodicals archive ?
Intangible values like brand intimacy have grown to have a very real impact on the firm's sustainability and current market performance.
Indigenous heritage covers everything in sea country important to Traditional Owners for example, significant sites, fish traps and intangible values such as songlines and language.
This is how the UAE takes intangible values and brings them to life as tangible, clear goals for the nation and its people.
In a tangible sense Irish racing makes more from the sale of rights to broadcast races into betting shops, but there is a danger to any business or organisation if they underestimate intangible values.
The received result gives the value of owned intangible values (to which intellectual capital can be equated) and allows managers to compare the enterprise to its competition and provides additional information such as if the investments in intangible assets are profitable for the firm (Dobija, 2003, p.
It emphasizes the need to adopt the mechanisms of the Knowledge Economy which is the use of knowledge to generate tangible and intangible values. Technology and in particular knowledge technology helps to transform a part of human knowledge to machines.
The 11 papers demonstrate how to take intangible values into account when restoring modest local heritage buildings, how community participation can contribute to social cohesion and the preservation of the built environment, and how community involvement can play a role in post-disaster cultural regeneration after a major earthquake.
Unlike regular wills or trusts, which define how assets are conveyed to heirs, an ethical will conveys intangible values and guidance to one's family.
And the best colleges, as always, will deliver the intangible values of higher education along with the measurable ones.
We chose to focus on its history and to build a story around a social construction of the past, addressing the intangible values and their cultural associations of old and new audiences.
The project ARISTOTELE uses these processes, placing them in a model where the intangible values ​​such as creativity, knowledge and skills are identified and tracked in practical work, allowing the reuse of knowledge in other business processes.
After the rigorous evaluation of these approaches, it is concluded that intangible values seem to comprise a wide range from a shaping factor in culture on the formation and transformation processes of environments (4) to the values and meanings attributed to the built environment through the perception of people (5).