Business and Management in the Age of Intangible Capitalism

CHAPTER 3

Some Tangible Meanings of Intangible Assets

Introduction

Despite its increasing importance, the concept of intangible asset remains nebulous as many researchers disagree on what is an intangible asset. Intangible assets, often called the hidden wealth of organizations, constitute a crucial component of modern economies. In this chapter, we explore the concept of intangible assets and explain what can be considered an intangible asset without entering into a technical debate.

The Concept of Intangible Assets

There are various definitions of intangible assets, but most remain abstract, offering limited practical guidance for practitioners or researchers. Some terminologies are interchangeable, including intangible assets, intangible capital, ...