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Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how,knowledge), collaboration activities, leverage activities, and structural activities).
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Tuesday, March 18, 2008
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Those assets which cannot see,touch and feel are
intangible assets.
e.g.:goodwill,patents, trades marks,copy right.
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Monday, October 01, 2007
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