Intellectual property (IP) is a non-physical creation of the mind or the product of a company's work or reputation. It is essentially ideas that are executed to become successful business assets and are often copyrighted, under patent, trademarked, or considered trade secrets, to protect from unauthorized use. Technology is a key IP type in our largely digital world and is a major driver of change and progress in nearly every industry. As a result, IP is a very important aspect of the valuation of a company. In our modern global economy, some countries recognize more IP types than others, as circumstances vary.
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How Is Intellectual Property Valued?
Posted on February 20, 2023 By
Benchmark International in
Benchmark International +
Industry +
IP +
Mergers and Acquisitions +
successful +
value +
exit strategy +
2023 +
Business valuation +
intellectual property +
business assets +
market-based +
cost-based +
income-based
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