Is the patent right an intangible asset?

Yes According to the inquiry of China Travel Service. Com, the new standard clarifies that the self-created goodwill, internal brands and registrations of enterprises cannot be included in intangible assets, and patents are not included, so patent rights are intangible assets. Intangible assets include social intangible assets and natural intangible assets, and social intangible assets usually include patent rights, non-patented technologies, trademark rights, copyrights, concessions, land use rights, etc.