Intangible assets (IA), including IP, are critical drivers of economic and business value. Singapore is committed to developing as a hub for IA/IP transactions and commercialisation. Credible, trusted IA/IP valuation will be a core enabler, together with a conducive ecosystem for IA/IP disclosure and reporting.
COVID-19 has caused global economic upheaval, and brought greater attention to their intangible assets (IA), e.g., brands, technologies, copyrights, ideas, know-how and data, which are at the forefront to help companies transform, raise capital and grow. Herein lies both a gap and an opportunity. Existing IA/IP valuation standards and practices have yet to catch up with the realities of the intangible-driven economy. First movers that are able to address this gap, and provide enterprises with credible, trusted IA/IP valuation, will no doubt benefit from the opportunity that presents. As the growth of IA accelerates, how might governments and markets, including professional bodies, redouble efforts to perfect the practice in valuing IA?
Join this virtual panel discussion to learn why getting IA valuation right matters, and even more so in this challenging business environment.