Science, technology and innovation policy

OECD work on intellectual assets and value creation


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Last update: 26 May 2008

Intellectual assets have become fundamental elements for value creation. The expansion of the services sector, globalisation, deregulation, and the emergence of new information technologies have brought to the fore the issue of how knowledge is created, disseminated, retained and used to obtain economic returns. This has led to a structural change, from traditional scale-based manufacturing, which mainly relies on tangible assets, to new innovation-oriented activities which rely largely on research and development, patents, software, human resources and new organisational structures – collectively referred to as intellectual assets. 

At its meeting in 2004, the OECD Ministerial Council proposed a programme of work aimed at improving understanding of the role played by intellectual assets in value creation, growth and economic performance. The study launched in response, "Creating Value from Intellectual Assets", was presented to the Ministerial Council in 2006.

Recent OECD work and events on the subject include:


Information on other OECD work related to intellectual property rights can be found at


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