Intangible assets are non-physical resources that provide value to a business. Examples include patents, trademarks, and copyrights, which protect intellectual property and brand identity. These assets can also encompass goodwill, which reflects the reputation and customer relationships a company has built over time. Unlike tangible assets such as buildings or machinery, intangible assets cannot be touched or seen. However, they can significantly contribute to a company's overall worth and competitive advantage. Proper valuation and management of intangible assets are essential for businesses to maximize their potential and ensure long-term success.