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:
“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)
“If an addict who has been completely cured starts smoking again he no longer experiences the discomfort of his first addiction. There exists, therefore, outside alkaloids and habit, a sense for opium, an intangible habit which lives on, despite the recasting of the organism.... The dead drug leaves a ghost behind. At certain hours it haunts the house.”
—Jean Cocteau (1889–1963)
“Parents can offer their help by suggesting and locating resources likely to be unfamiliar to children, such as people, books, and materials that can be useful.”
—Dorothy H. Cohen (20th century)