Finally, the four industries of (1) real estate, renting, and leasing; (2) software consultancy and supply; (3) support and auxiliary transport activities, and travel agencies; and (4) database activities and online information provision services all have intangible asset ratios above 25%.
Having intangible assets (like a computer algorithm) or portable ones (like soda concentrate and pharmaceutical ingredients) can also help.
"The old-economy companies who felt they were undervalued by the market loved what we were doing because they wanted to be able to tell investors that they had intangible assets.
Our main findings are: (i) public support significantly increases the chances that a firm will cooperate with a PRO, and (ii) public support also increases the likelihood that a firm will establish private partnerships, but to a smaller extent and only when firms have intangible knowledge assets.
Finally, information and communication technology industries (services) have greater intangible assets than any other industry.
"The company has huge intangible assets like characters but it hasn't been trying to use them seriously.
Despite a management shakeup, a stagnant advertising market, an investigation by the U.S. Securities & Exchange Commission and a stock price that's down 60% this year, AOL Time Warner has many intangible assets that continue to make it an attractive company, according to Low and Kalafut's research.
Yet United, which filed for bankruptcy protection yesterday, has an intangible asset as it struggles to ride out the crisis: the loyalty of its longtime business customers.
But it has an intangible asset much more valuable than bricks or scanning machines: a database.
"We have both tangible and intangible assets we have spent money to acquire or develop," he said.
