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)
“The true harvest of my daily life is somewhat as intangible and indescribable as the tints of morning or evening. It is a little star-dust caught, a segment of the rainbow which I have clutched.”
—Henry David Thoreau (1817–1862)
“The great object of Education should be commensurate with the object of life. It should be a moral one; to teach self-trust: to inspire the youthful man with an interest in himself; with a curiosity touching his own nature; to acquaint him with the resources of his mind, and to teach him that there is all his strength, and to inflame him with a piety towards the Grand Mind in which he lives. Thus would education conspire with the Divine Providence.”
—Ralph Waldo Emerson (1803–1882)