An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Digital goods such as downloadable music, mobile apps or virtual goods used in virtual economies are also examples of intangible goods. Tangible assets include land, vehicles, equipment, and inventory. More of the global economy is merging the intangible with the tangible. What is your product?