A Framework of Intangible Valuation Areas

Intangible Assets are earmarked as the value source for today's know­ledge-centric businesses. This book highlights a study that purports to make intangible assets a visible entity to businesses. Incorporated in the study are: 1) an Intangible Asset Taxonomy (IAT) that defines the ob­jectives of Knowledge Management (KM) and the categories of value drivers of intangible assets; and 2) the development of a Framework of Intangible Valuation Areas (FIVA) that represents the relationship between strategic KM business objectives and the value drivers of intangible assets. Significant outcomes of this study are: 1) validation that there is a dynamic relationship between strategic objectives of KM and specific value drivers of intangible assets; and 2) empirical evidence that a one-size-fits all approach to intangible asset valuation may not be the best approach to this business problem.