The boundaries of intellectual property valuation:cost, market, income based ap...

• Author(s): Lopes, Ilídio Tomás
• Date: 2011
• Persistent ID: http://hdl.handle.net/10400.15/442
• Origin: Repositório Científico do Instituto Politécnico de Santarém
• Subject(s): Intellectual property; Intangibles; Financial reporting; Innovation; Measurement
• Document Type: Article
• Language: English

Description

To invest in intellectual property and disclose it, internally and externally, is a strategic decision towards the creation of a sustainable value added, at a firm or even at a macroeconomic level. The multiple insights achieved reinforce the paradigm that intangibles are the main structural support for economic growth. However, those intangibles should be measured on a feasible basis towards the business comprehensiveness as required by main accounting standards. Companies and countries should monitor and report their innovation cycles in order to increase their turnovers.