Different types of intangible assets

IB Business Management: Different types of intangible assets

Different types of intangible assets (AO1)Intangible assets are a type of fixed asset except they are non-physical assets with a monetary value to the business. Also known as intellectual property rights, there are typically four types of intangible assets: goodwill, patents, copyrights and trademarks.Goodwill is the reputation and established networks (know-how) of an organization, which adds significance above the...

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