Hier finden Sie wissenschaftliche Publikationen aus den Fraunhofer-Instituten.

Technology balance. Technology valuation according to IASB's value in use approach

: Schuh, G.; Klappert, S.; Haag, C.

Sherif, M.H.:
Management of technology innovation and value creation. Selected papers from the 16th International Conference on Management of Technology 2007 : 13-17.05.2007, Miami Beach, Florida
Singapore: World Scientific, 2008 (Management of technology 2)
ISBN: 981-279053-5
ISBN: 978-981-279053-8
International Conference on Management of Technology <16, 2007, Miami Beach/Fla.>
Conference Paper
Fraunhofer IPT ()

Until the early 1980s, up to 75% of the market value of a business was defined by the tangible assets that appeared on the balance sheet. In 2005, that number was less than 25%. In the course of this "intangible" dynamics, technology-related intangible assets proved to be a major value driver for many companies and thus are to be treated adequately in the financial statement. Fraunhofer IPT develops a methodology to valuate technologies according to International Financial Reporting Standards. The methodology allows for estimating a technology's future cash flows along its whole life cycle, from early stage development until late market phase. Therefore, so-called real options, that come along within the technology's remaining life cycle, have to be taken into account at each valuation point. In this chapter, the initial situation and motivation for the research project as well as the developed methodology are described in detail.