Intangible resources cannot be seen, touched, or felt. They include intellectual property such as designs, formulas, art, written work, brands, and inventions that can be protected by patents, trademarks, and copyrights

Determining which resources a venture needs is essential to its success. Tangible resources can be seen, touched, and felt.

trademark — registration that provides the owner the ability to use a name, symbol, jingle, or character in conjunction with a specific product or service, and prevents others from using…. copyright — grants the creator of a work the exclusive right to reproduce the work, typically for a specified period of time. intangible resources — assets that cannot be seen, touched, or felt, such as intellectual property, patents, designs, and processes. tangible resources — assets that have a physical form as they can be seen, touched, and felt.