One of the major sources of value of an organisation lies in its intellectual capital. In this module, we will explain the concepts of tangible and intangible assets which form the skeleton of any organisation. Protecting its intangible assets with intellectual property is important for the firm, but another important point is the return on investment the firms can wait for.
Do the IP rights have value? Can a firm expect financial benefits from its IP rights? It would appear obvious that this valuable asset should be reported in the accounts of the business. However rather surprisingly, this is often not the case; and even if it is reported, there are discussions about the value that should be used.
These points will be exposed throughout this module and illustrated with examples.Estimated duration: 2 hours.
- Tutor: Xavier Delecroix