One of the business world’s most valuable assets is intellectual property. The most recent details are from the World Intellectual Property Organisation in 2017.
Some WIPR 2017 findings
- Intangible capital accounted, on average, for 30.4 percent of the total value of manufactured goods sold throughout 2000-2014.
- The intangible capital share rose from 27.8 percent in 2000 to 31.9 percent in 2007, but has remained stable since then.
- Overall, income from intangibles increased by 75 percent from 2000 to 2014 in real terms, amounting to USD 5.9 trillion in 2014.
- Three product groups – food products, motor vehicles and textiles – account for close to 50 percent of the total income generated by intangible capital in the manufacturing global value chains.
The full World Intellectual Property Report is available here.
Through the recognition of IP as an asset, MyMoney has established the insights and experience to help owners of intellect property to generate liquidity events of existing, new or established IP.
Source: The “World Intellectual Property Report 2017: Intangible Capital in Global Value Chains” (WIPR 2017)
Local Knowledge acknowledges that intellectual property plays a valuable part in both local and global business. From licensing agreements, manufacturing, production through to shareholder valuations. Many parts of the intellectual property chain exist and Local Knowledeg understands the importance. From not only our recognition but through to the ownership and now tokenisation process leveraging blockchain technology.
Good strategy is the antidote to competition. Strategic thinking is the process of developing a strategy that defines your value proposition and your unique value chain. This process includes market and competitive research as well as an assessment of the company’s capabilities and the industry forces impacting it. Local Knowledge introduces Blockchain to the Intellectual Property Process. Leveraging our proprietary methodology called iBOP® we are able to provide guidance and assistance with capturing not only the current IP but the history of the IP and store the information on the Blockchain. With a full, transparent and authenticated transaction history and confirmation against official registered records, we are able to tokenise the IP so that investors can invest direct into the IP.