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How do you valuate know how?

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Anonymous

15y ago
Updated: 8/17/2019

You don't. The value of know-how can go from priceless to worthless in seconds.

An example: The company you work for is expert in the field of dyeing cloth with Emerald Green. It has developed techniques to dye more cloth with a pound of Emerald Green than any other dye mill using equipment that cannot be used with any other dye, and has a very large client base. (Emerald Green is a very vivid green dye.) This morning, you come to work to learn the government has banned cloth dyed with Emerald Green because the arsenic in it kills the people wearing the clothes. Your know-how's value is now zero; yesterday it was very valuable.

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Wiki User

15y ago

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