 THE VALUE AND ECONOMIC EFFECTS OF THE UNAPPLIED INVENTIONSRaul Sorin Fântână
Network Intelligence Studies, 2014, issue 3, 54-60 Abstract: The accounting regulations, the guidelines for their application and other articles by accounting specialists argue that inventions created internally are not recognized as intangible assets. Only assets acquired separately can be measured reliably, based on the document justifying the purchase transaction. Other specialised papers show that it is difficult to establish the existence of this intangible asset and its credible cost. That is, it can give or calculate a value of the invention only if it can show the acceptable cost of achieving it. But all these works argue that the protection of inventions is profitable if it is the basis of a new business, if it promotes or protects the current activity. However, these papers elude - because it is uncomfortable - the situation where an invention created internally has a value only because it forecloses the market. It is curious that an invention has accounting value only when traded. Keywords: Intangible Assets; Intangible Assets Evaluation; Blockage invention; Claim; Patents Licencing (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cmj:networ:y:2014:i:3:p:54-60 Access Statistics for this article Network Intelligence Studies is currently edited by Romanian Foundation for Business Intelligence More articles in Network Intelligence Studies from Romanian Foundation for Business Intelligence, Editorial Department |
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