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What are the Intangible assets?

Answer Posted / shweta trivedi

Intangible assets are defined as those non-monetary assets
that cannot be seen, touched or physically measured and
which are created through time and/or effort. There are two
primary forms of intangibles - legal intangibles (such as
trade secrets (e.g., customer lists), copyrights, patents,
trademarks, and goodwill) and competitive intangibles (such
as knowledge activities (know-how,knowledge), collaboration
activities, leverage activities, and structural
activities).

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