WIPO study gives first-ever statistics on intangible capital
Almost one third of the value of manufactured goods sold comes from 'intangible capital', e.g. technology and design, says a new WIPO (World Intellectual Property Organization) study.
According to the figures, intangible capital contributes twice as much as machinery, buildings and other tangible capital, to the total value of manufactured products.
The statistics highlight the growing importance of intellectual property which frequently is used to protect intangible assets.
The WIPO study provides first-ever figures on the value of intangible capital in manufactured products.
For more information, please visit WIPO's website.