And just like antiques roadshow once identified it is possible to value these assets to determine the potential value financial or strategic the company will realize.
Rembrandts in the attic meaning.
Rembrandts take on many different forms.
With intangible assets representing over 87 of all company value today and being the real drivers of growth and profitability for most businesses failing to take the time to identify and manage these.
More recently with pressure on corporate profitability executives are trying to discover what one author referred to as rembrandts in the attic namely unidentified undervalued or under exploited ip assets.
Rembrandts in the attic we all have them metaphorically speaking.
At the same time the currency and the means of unlocking the value of data are quite different than with patentable.
In the business world these are the forgotten gems that we develop for internal or even individual use and then store on a shelf or hard drive for periodic use or even a one time purpose.
Today s rembrandts in the attic are data.
But today the currency has shifted.
An expert audit can help identify the valuable intangible assets the rembrandt s in the attic held by the company.
As a result managers are increasingly digging for buried treasure among their ip assets.