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:
“It is only in the act of nursing that a woman realizes her motherhood in visible and tangible fashion; it is a joy of every moment.”
—Honoré De Balzac (1799–1850)
“What is an artist? A provincial who finds himself somewhere between a physical reality and a metaphysical one.... It’s this in-between that I’m calling a province, this frontier country between the tangible world and the intangible one—which is really the realm of the artist.”
—Frederico Fellini (b. 1920)
“The poor tread lightest on the earth. The higher our income, the more resources we control and the more havoc we wreak.”
—Paul Harrison (b. 1936)