[Upd-discuss] software/intellectual property listed as capital in balance sheet?

[John Howkins]

TV/film companies have treated copyrights as assets for decades.



On 7/3/06 12:46 AM, "Adam Moran" <adam@webarchitects.co.uk> wrote:

> Hi,
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> Mashilamani Sambasivam wrote:
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>>> Does anyone know if software and intellectual
>>> property are listed as assets in corporations'
>>> balance sheets by accountants or whoever?
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> A market for ideas:
> http://www.economist.com/printedition/displaystory.cfm?story_id=3D5014990
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> <snip>
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>    In recent years intellectual property has received a lot more
>    attention because ideas and innovations have become the most important
>    resource, replacing land, energy and raw materials. As much as
>    three-quarters of the value of publicly traded companies in America
>    comes from intangible assets, up from around 40% in the early 1980s.
>    "The economic product of the United States", says Alan Greenspan, the
>    chairman of America's Federal Reserve, has become =B3predominantly
>    conceptual". Intellectual property forms part of those conceptual
>    assets.
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> </snip>
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> More info:
> Asset Management Report Global Intellectual Property:
> http://www.foley.com/files/tbl_s31Publications/FileUpload137/2873/Foley_L=
ardne
> r1_GI0605.pdf
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> Regards