High value intangibles
This week, the World Intellectual Property Organisation launched their inaugural study on the value of “Intangible Capital” in manufactured goods. The report examined manufactured goods in the period 2000-2014 and highlights the extent to which intangible value, such as brand value and intellectual property, contributes to the overall value of a manufactured product – hint, it’s a lot!
Some key findings:
- 30.4% of value of manufactured goods is intangible capital
- In some sectors, such as food, motor vehicles and textiles, the intangible capital contribution to overall value is higher still, at close to 50%
- Overall income from intangible capital was USD5.9 trillion in 2014.
You can access the full report here: