Intangible assets refer to identifiable non-monetary assets without physical form owned or controlled by an enterprise.
1. Basic meaning
Intangible assets can be divided into broad and narrow senses. Intangible assets in a broad sense include monetary funds, accounts receivable, financial assets, long-term equity investments, patent rights, Trademark rights, etc., because they do not have material entities, but appear as some kind of legal rights or technology. However, in accounting, intangible assets are usually understood in a narrow sense, that is, patent rights, trademark rights, etc. are called intangible assets.
2. Examples
Patent rights: Patent rights refer to the exclusive right to implement a specific invention-creation that the inventor or its assignee enjoys according to law within a certain period of time. It is a type of intellectual property.
Trademark rights: Trademark rights refer to the exclusive rights granted by the trademark authorities to trademark owners in accordance with the law to protect their registered trademarks under national laws. A trademark is a sign used to distinguish the source of goods or services. Copyright: Copyright, also known as copyright and literary property rights, refers to the personal and property rights that authors of literary, artistic and scientific works and their related subjects enjoy in accordance with the law over the works.
The Importance of Intangible Assets
1. Enhance the competitiveness of enterprises
Intangible assets such as patents, trademarks, copyrights, etc. are a special resource owned by enterprises , they can provide enterprises with unique competitive advantages. These intangible assets can make the company more easily recognized and recognized by consumers in the market, thereby enhancing the company's brand value and market influence.
2. Supporting enterprise innovation and development
Intangible assets such as non-patented technologies, technical secrets, etc. are important supports for enterprises to carry out technological innovation and product development. These technical intangible assets can enable enterprises to maintain technological leadership in the production process and enhance their core competitiveness.
3. Guarantee the economic security of enterprises
Intangible assets such as trademarks, copyrights, etc. are important assets of enterprises, and they can provide economic security guarantee for enterprises. These intangible assets can give enterprises more room for maneuver when facing market competition and ensure their economic security.