What type of intangible asset includes copyrights?

What type of intangible asset includes copyrights?

• A. Reputational assets
• B. Technological resources
• C. Financial resources
• D. Human capital

Answer: (B)

The correct answer focuses on the classification of intangible assets, specifically identifying that copyrights fall under technological resources. Intangible assets are non-physical assets that have value, and they can be categorized into various types. Copyrights provide legal protection to the creators of original works, such as literature, music, and art, allowing them exclusive rights to use and distribute their creations. This legal protection is a key aspect of technological resources, which encompass various forms of innovation and intellectual property. In this context, while reputational assets refer to the goodwill and brand value a company has built over time, human capital pertains to the skills and experience of employees. Financial resources involve monetary assets and investments. Therefore, by defining copyrights as part of technological resources, it aligns with their function as a form of intellectual property that supports innovation and creativity within businesses.

The correct answer focuses on the classification of intangible assets, specifically identifying that copyrights fall under technological resources. Intangible assets are non-physical assets that have value, and they can be categorized into various types. Copyrights provide legal protection to the creators of original works, such as literature, music, and art, allowing them exclusive rights to use and distribute their creations. This legal protection is a key aspect of technological resources, which encompass various forms of innovation and intellectual property.

In this context, while reputational assets refer to the goodwill and brand value a company has built over time, human capital pertains to the skills and experience of employees. Financial resources involve monetary assets and investments. Therefore, by defining copyrights as part of technological resources, it aligns with their function as a form of intellectual property that supports innovation and creativity within businesses.