On the issue of valuation of intangible assets in the research work

Abstract: With the development of knowledge-based economy, intangible assets in research work is rising, which requires us to pay more attention to the intangible asset valuation issues, especially the pricing of intangible assets in the research work (own this paper intangible assets valuation in the research work will of.

Keywords:: intangible assets, valuation

Intangible assets include social intangibles and nature of intangible assets, including social intangible assets typically include patents, non-patented technology, trademarks, copyrights, franchises, land use rights and other natural intangible assets, including non-entity of the material form of natural gas and other natural resources and so on.

Intangible assets at the same time meet the following conditions can be recognized:

1, the economic benefits associated with the intangible asset may flow to the enterprise,


2, the cost of the intangible asset can be measured reliably.
Research units in the research work in the formation of the intangible assets include: patents, copyright and non-patented technology. Patent: the national patent authorities in accordance with the law granted inventions applicant for a patent for their inventions to create the expertise enjoyed within the statutory period rights, including patent right for invention, utility model patents and design patents, copyrights: the production of their works of literature, scientific and artistic works shall enjoy some special rights, non-patented technology: also known as proprietary technology, refers to is not known to the outside world, used in the production and business activities, does not enjoy legal protection, and can bring economic benefits of various technologies and know-how.

With the development of knowledge-based economy, intangible assets in research work rising, which requires us to pay more attention to the pricing of intangible assets, especially intangible assets in the research work (own pricing. This paper will The research work in the formation of the intangible assets valuation of.

An internationally accepted self-developed intangible assets denominated

Research work in the formation of the intangible assets, are self-developed intangible assets, self-developed intangible assets will generally occur three costs, research costs, development costs, and incidental expenses of these three costs, the cost of intangible assets form the whole process on Intangible Assets valuation, research units, we must take full account of the value of these three elements of the valuation of intangible assets, internationally accepted methods are:
1, the full cost method. Upcoming research and development and all the costs as period costs in the event directly through profit or loss.

2, the full amount of capital approach is about research and development costs in the event period imputation to be successfully developed and put into use as an intangible asset amortization of its value.

3, the outcome of the decision occurred in the research and development costs during the period, set up a multi-column account specifically record the related expenses, and finally the results of the research and development activities to determine which approach, if the results have been achieved and are expected to generate revenue, it will be spending all the capital, the contrary, the full cost through profit or loss.

4, France, that is, to draw reasonable composition, depending on the circumstances of the above three methods to determine the value of Intangible Assets This method will research expenditures and development expenditures are separated, respectively, using a different approach to research expenditures due and future income there is no direct link to the full cost method, shown with the spending occurred through profit or loss, development expenditure, the introduction of results to decide the law, or all of the capital, or all of the expense.

Second, China's passage of intangible assets valuation method

On the valuation of intangible assets in the research work, and refers to units of measurement to determine the value or cost in money, which is the value of intangible assets denominated in the basic work in scientific research work. Due to the uncertainty of the intangible assets, and therefore do reasonable and accurate measurement is very difficult. For research work in the formation of the characteristics of intangible assets, valuation of intangible assets prevailing in China in two ways: First, the actual cost of intangible assets created or acquired, to determine its original value, the second is the use of confirmed by assessing the value of intangible assets, intangible assets, foreign investment, external transfer of intangible assets or ownership, as a basis to assess the value used to determine the transaction price.

The first valuation method emphasized the historical cost measurement principles, the emphasis in the use of the distribution of wealth guided the reliability of the product. With the development and user needs change, with the development of modern communication technology, mutual segmentation of the market is moving toward integration, transaction prices based on historical cost measurement attributes are no longer the only reliable source of information, the fair value recognition of more and more people are recognized by evaluating the value of intangible assets, and to assess the value as the basis to determine the transaction price to get more and more recognition.

Third, our research work in the formation of the Characteristics of Intangible Assets

(The definition of scientific research institutions

Scientific institutions engaged in scientific and technological research, popularization of science, technology products, business and technical service activities, social organizations (including the natural sciences and social science research unit, the Association for Science and Technology institutions, and technology management services units in the National Scientific Research level, popularize scientific knowledge, and through the promotion and application of scientific and technological achievements, driven by technical progress in all walks of life, the development of social productivity has played a very important role.

(Two sources of funding for scientific institutions

Scientific institutions in general access to development funds in the following ways:

A government-funded, the normal operation of the national scientific research units, the purchase of equipment, basic construction to give some financial support,

2, assume the government, enterprises, other social organizations and individuals commissioned by the project,


3, social donations,


Provide paid services for the community,

5, other legitimate income.
(Three scientific research institutions of intangible assets characteristics Share Free paper Download Center http://eng.hi138.com

1, the formation of a specific research project, supported by


The research unit of intangible assets is basically in the subject during the execution or completion of specific research projects to support, to apply for a patent or complete a book.

2, the cost is relatively difficult to measure


Completion of research projects at the same time, sometimes only the formation of a new method and new technologies in the entire subject of the implementation of patent, a patent is not the task of the whole issue, the formation of the new methods or new technology expenditures accounted for only one fifth or one tenth of the whole issue expenses, the cost is difficult to measure.

3, the majority of patents or publications is difficult to estimate the economic value


In recent years, scientific research units, more and more attention to the patent application, but from the patents, the majority of patents or publications are difficult to estimate its economic value, according to the principle of valuation of intangible assets, the cost of the intangible asset can be measured reliably economic benefits related to intangible assets is likely to flow to the enterprise of these two, difficult to research work in the formation of patents, proprietary technology and copyright of measurement, whether the patents and publications in the research work required as intangible asset management is also worth exploring.

Fourth, the valuation of intangible assets in the research work

Formation of intangible assets denominated in the above-mentioned defects of our current research work, I think the valuation of intangible assets in the research work should be the outcome of the decision, if the results have been achieved and is expected to able to generate income, it will be spending all the capital ; the full cost of the current profit or loss.

This approach has the following advantages:

1, in line with the matching principle, the economic value of intangible assets, intangible assets after an assessment into the management of no economic value of intangible assets, the cost of direct research costs, no longer out of registration and management, but in the scientific research departments, meet the costs and benefits of matching of the principle.

2, follow the capital and revenue expenditure division of the principles of research work in the formation of the intangible asset has an economic value assessment accounted for, there are bound to create revenue in the future use of the process, so that only its corresponding costs are included in asset, is consistent with the principle of the division of capital and revenue expenditure.

To avoid the inflated assets, no development value of intangible assets, is also expected to research units bring economic benefits, if the inflated value of the assets in the financial account is bound to create false assets, increasing the value to the research unit to bring great difficulties in the future related to asset write-off procedures is also very complex.

Open reflect the financial position of the scientific research units, to avoid the use of the financial statements, such as the relevant state agencies and people responsible for misleading.

5, how to manage the intangible assets in our research work


In order to better assessment of intangible assets to determine the value of intangible assets, intangible assets evaluation system must be built to adapt to the research unit of the asset assessment is to adapt to the equity markets and trading of property rights need to define the assets actual property rights, and optimize the allocation of economic resources, and promote the scientific management of the assets are of great significance due to the impact of intangible assets to intangible assets, especially in scientific research work formed by the particularities and a variety of reasons, the research work in intangible assets value compared with the cost price, there will be very different. So, when the research units engaged in foreign investment activities in the use of intangible assets, must first of all intangible assets be evaluated to determine the value of their investments as returns on investments in the future allocation.

Secondly, investment in intangible assets, transfer income distribution system needs to be established, for the external transfer, investment, or start a business in intangible assets, by the development department be responsible for, the first after the asset evaluation departments to assess, according to the assessed value of adjustment of intangible assets account in order to prevent the loss of intangible assets, costs and benefits of accounting followed by the finance department in a timely manner, and charged against intangible assets account under the circumstances. and develop a reasonable allocation of incentives to investment in intangible assets, transfer and income in order to mobilize the enthusiasm of the R & D personnel, so that in the future for the scientific research units bring more benefits. Share Free paper Download Center http://eng.hi138.com

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