Buildings, vehicles, factories, manufacturing equipment and land are tangible resources that have a clear and easily determined market value. Corporate reputation and goodwill are some of the intangible assets that are far more open to subjective assessment. Resources Large corporations engaged in primary resource extraction have extensive holdings of very tangible goods.
In a interview with Scandinavian art magazine Kunstkritikk, Carsten Hoff recollects, that although Atelier Cyberspace did try to implement computers, they had no interest in the virtual space as such: There was nothing esoteric about it. It was just a tool. The space was concrete, physical.
And in the same interview Hoff continues: Our shared point of departure was that we were working with physical settings, and we were both frustrated and displeased with the architecture from the period, particularly when it came to spaces for living. We felt that there was a need to loosen up the rigid confines of urban planning, giving back the gift of creativity to individual human beings and allowing them to shape and design their houses or dwellings themselves — instead of having some clever architect pop up, telling you how you should live.
We were thinking in terms of open-ended systems where things could grow and evolve as required. For instance, we imagined a kind of mobile production unit, but unfortunately the drawings have been lost. It was a kind of truck with a nozzle at the back. Like a bee building its hive. The nozzle would emit and apply material that grew to form amorphous mushrooms or whatever you might imagine.
It was supposed to be computer-controlled, allowing you to create interesting shapes and sequences of spaces. It was a merging of organic and technological systems, a new way of structuring the world. And a response that counteracted industrial uniformity.
We had this idea that sophisticated software might enable us to mimic the way in which nature creates products — where things that belong to the same family can take different forms.
All oak trees are oak trees, but no two oak trees are exactly alike. And then a whole new material — polystyrene foam — arrived on the scene. It behaved like nature in the sense that it grew when its two component parts were mixed.
Almost like a fungal growth. This made it an obvious choice for our work in Atelier Cyberspace. The portion of Neuromancer cited in this respect is usually the following: A consensual hallucination experienced daily by billions of legitimate operators, in every nation, by children being taught mathematical concepts A graphic representation of data abstracted from the banks of every computer in the human system.Large corporations engaged in primary resource extraction have extensive holdings of very tangible goods.
In some cases, the corporation owns the land on which these resources are located, while in other, slightly less tangible, situations, the corporation owns the rights to the resource, for example coal or oil, located on public land.
Intangible Resources• Human Resources - Southwest airlines increased its employee strength from in the year to approximately 45, in the year consisting of 19, flight,• 3, maintenance, 20, ground, Customer, and fleet service, and 2, management, accounting, marketing, and clerical personnel.
The concept of tangible and intangible resources is derived from the resource-based theory of the firm, which viewed organizations as bundles of productive resources that are tangible and intangible and capabilities which they could use to generate competitive.
Some intangible skills can be taught – others come from within the gut and are fueled by a passion for the game. These intangibles include attitude, dedication, determination, coach-ability, work ethic, creativity, anticipation.
Tangible assets can include both fixed and current assets. Few examples of such assets include furniture, stock, computers, buildings, machines, et c.
Intangible Assets. The opposite of Tangible Assets, Intangible Assets don’t have a physical existence and cannot be touched or felt. Intangible assets can either be definite or indefinite, depending on the kind of an asset in question. The intangible value of the business, above and beyond the fixed, tangible assets must be allocated to specific intangible asset categories and are amortized (definite lived) or periodically reviewed for impairment (indefinite lived).