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Answer to Question #49607 in Economics of Enterprise for Christoph

Question #49607
Are patents a cost or an asset?
1
Expert's answer
2014-12-08T10:03:20-0500
Patents are assets, because when they are sold - company could receive royalties, thus patents generate profit, also amortization of patents could be part of prices. If we are buying patents and pay royalties then it is cost

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