According to the International Accounting Standards Board (IASB) accounting standards and rules, innovations should be valued and reported, but less than 6% are.
Organisations balance sheets could be much better if the valuation of innovation was reported. Valuation is relatively easy once inventions are licensed and generating revenue. Whether mature or early in their life cycle several calculators and guidelines to estimate value are available, as well as a record of evaluations performed over time, as required by IASB.
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