건설업체의 무형자산가치와 기업경쟁력 분석

Construction Firm's Intangible Asset Valuation and Competitiveness

This paper studies the definition of intangible assets, the intangible assets valuation and the relationship between intangible assets valuation and company's competitiveness in the field of construction business. This paper is composed of five chapters. First chapter introduces the background, purpose and method of this study. Second chapter examines the definition and the classification of intangible assets and the methodology for measuring intangible assets from the existing papers. Based on these examinations, third chapter evaluates intangible assets valuation in the construction industry and analyze the effectiveness of intangible assets on the company's competitiveness. Lastly fifth chapter shows the conclusion and the suggestions. In this paper, intangible assets valuation and construction firm's competitiveness were discussed and the results are as follows. 1) The definition and the classification of intangible assets in the construction industry are not so much different from those of other industry. The construction comparers also consider the value of intangible assets as an Important element. 2) As a result of valuing intangible assets in the construction industry, the value is not so much high compared to other industries. 3) Taking into account the relationship between intangible assets valuation and construction firm's competitiveness, the whole intangible assets value affects on the competitiveness of construction companies, but the individual intangible assets value doesn't. 4) Four construction companies are examined how they tried to manage intangible assets. These companies started to recognize the importance of intangible assets as a source for the competitiveness since the IMF crisis. Therefore they have concentrated their energy on the development and management of intangible assets. Finally, this paper gave the strategic implications about how to evaluate and manage intangible assets to maximize the value of intangible assets in the construction business.