The ongoing shift toward a digital and knowledge-based economy has placed intangible assets at the forefront of global enterprise value. As traditional industrial models give way to intangible-driven growth, the valuation profession faces the critical task of delivering credible and trusted assessments that meet the needs of modern stakeholders. WIPO remains committed to supporting this evolution by promoting valuation frameworks that are robust, transparent, and responsive to the evolving needs of the global economy.
WIPO submits high-level observations on proposed revisions to IVS
WIPO recently submitted high-level observations on the Exposure Draft of the International Valuation Standards (IVS), focusing specifically on the proposed updates to IVS 210 Intangible Assets. Developed by the International Valuation Standards Council (IVSC), the revised standard aims to strengthen the global baseline for IP valuation across a broad range of legal and economic contexts.
WIPO welcomed the strengthened emphasis on a principles-based and purpose-neutral approach, helping ensure that the standards remain effective across applications such as financial reporting, licensing, transfer pricing, and litigation. The observations also highlighted the importance of new requirements relating to artificial intelligence and technology-based tools, emphasizing that professional judgment, transparency, and accountability must remain central to the valuation process.
Addressing emerging intangible assets
WIPO's observations highlight the importance of emerging intangible assets, such as data assets, algorithms, and trade secrets, which are increasingly central to modern business models but present unique valuation challenges. WIPO's input further emphasizes the importance of distinguishing between registered IP rights and unregistered intangibles, providing practitioners with more actionable and market-grounded guidance.
Through close collaboration with leading valuation organizations, WIPO continues to support the development of international standards that remain fit for purpose as the intangible asset landscape evolves. This work contributes to greater consistency and credibility in valuation practices across markets and jurisdictions, helping businesses, investors, and policymakers make more informed decisions while supporting broader access to capital for innovative and creative enterprises.
Learn more about WIPO's letter to the IVSC.