Legal Subjectivity:
The Risks and Financial Impact of Intellectual Property In today’s and future markets, intangible assets will become an important part of a company’s value. The more global a company is, the higher its share of knowledge-intensive assets. While goodwill is commonly used to represent most intangible assets on a company's balance sheet, intellectual property (IP) may actually increase company value in ways that far exceed most accounting measures. This value can be quantified by understanding the impact of internal IP (often in the form of patents) on the business. IP can be obtained through own research and development (Ramp; D), or through company mergers or acquisitions, or through patent replacement and technology patent alliance licensing in related fields. As we have introduced in some previous articles, LCD, LED and OLED technology has formed a patent alliance. Furthermore, this approach applies not only to previously patented technologies but also to newly developed technologies.