Few would argue today that we are living in a qualitatively different economic environment – the new economy – the electronically-mediated global economy where knowledge-intensive and innovation-driven economic activities and intellectual capital have emerged as new economic drivers.
The new economy has created and is continuing to create new forms of intangible assets. The financial value of such intangible assets are increasingly surpassing those of traditional tangible assets such as land and equipment. One such new intangible asset cluster created by the new economy is digital asset.
There are three types of digital assets in a typical enterprise or organisation: