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t. e. An intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, as well as any form of digital asset such as software. This is in contrast to physical assets (machinery, buildings, etc.) and financial assets (government securities, etc.).
UNESCO established its Lists of Intangible Cultural Heritage with the aim of ensuring better protection of important intangible cultural heritages worldwide and the awareness of their significance. [1] This list is published by the Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage, the members of which are elected ...
An intangible cultural heritage ( ICH) is a practice, representation, expression, knowledge, or skill considered by UNESCO to be part of a place's cultural heritage. Buildings, historic places, monuments, and artifacts are cultural property. Intangible heritage consists of nonphysical intellectual wealth, such as folklore, customs, beliefs ...
Hitachi Float Procession (日立風流物, hitachi furyū-mono) [110] May 3–5. The grand festival of Kamine Shrine in which four community create floats that serve as multi-level puppet theatre for karakuri puppets. Its floats have been designated as Important Tangible Folk Cultural Property . Minamiaizu, Ibaraki.
India was added to the list for the first time in 2008 (at that time total three examples were added). According to UNESCO, intangible cultural heritage includes holidays, festivals, performances, oral traditions, music and handicrafts were included in the list. Nowruz or Navroz is the only object in the list which is shared by twelve countries ...
Unlike physical assets such as machinery or real estate, intangible assets lack a physical presence. They include things like brand recognition, customer loyalty, patents, copyrights and business ...
Cultural heritage is the heritage of tangible and intangible heritage assets of a group or society that is inherited from past generations. Not all heritages of past generations are "heritage"; rather, heritage is a product of selection by society. [ 1]
Intangible assets are non-physical resources and rights that have a value to the firm because they give the firm an advantage in the marketplace. Intangible assets include goodwill, intellectual property (such as copyrights, trademarks, patents, computer programs), [4] and financial assets, including financial investments, bonds, and companies ...