Tag Archives: goodwill

The Genius of Intangible Assets

Not one company can claim to 'own the ideas' since everything is connected through history, material, memory. This is a scary thought for economists and accountants alike. Yet, this disruptive idea space (Ogle) was first named by Schumpeter as prerequisite to entrepreneurship.
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Defining intangible assets

Intangible assets remain definition bound and thus subjective. In brand and design practice, most professionals don't acknowledge that what they are delivering as business service is considered a difficult return on investment for their clients.
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Good Will Hunted

Accounting terminology describes ‘goodwill’ as that part of business value over and above the value of identifiable business assets. Business goodwill is a key intangible asset that represents the portion of the business value that cannot be attributed to other business assets. (Btw: For a quick definition on institutional, professional, practice and practitioner goodwill, see [...]
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