Tangible Versus Intangible Resources
Whereas, tangible resources such as equipment have actual physical existence, intangible resources such as corporate images, brands and patents, and other intellectual property exist in abstraction.
Generally the economic value of a resource is controlled by supply and demand. Some view this as a narrow perspective on resources because there are many intangibles that cannot be measured in money. Natural resources such as forests and mountains have aesthetic value. Resources also have an ethical value.
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Famous quotes containing the words tangible, intangible and/or resources:
“... most bereaved souls crave nourishment more tangible than prayers: they want a steak. What is more, they need a steak. Preferably they need it rare, grilled, heavily salted, for that way it is most easily digested, and most quickly turned into the glandular whip their tired adrenals cry for.”
—M.F.K. Fisher (1908–1992)
“Contact with men who wield power and authority still leaves an intangible sense of repulsion. It’s very like being in close proximity to faecal matter, the faecal embodiment of something unmentionable, and you wonder what it is made of and when it acquired its historically sacred character.”
—Jean Baudrillard (b. 1929)
“...wasting the energies of the race by neglecting to develop the intelligence of the members to whom its most precious resources must be entrusted, already seems a childish absurdity.”
—Anna Eugenia Morgan (1845–1909)