The impact of intangible assets on the value of FMCG companies worldwide

Summary: This study examines the impact of intangible assets (IAs) on firms' performance and the factors influencing IA development among small and medium-sized enterprises (SMEs) in the Vietnamese agriculture, forestry, and fishery (AFF) sectors. The findings reveal that IAs diminish the performance of SMEs in the AFF sectors of Vietnam. Internal factors such as age, size, and financial stability have positive effects on IA formation, while investments in land, labor, and research and development have mixed effects. External factors, including regional and province-specific characteristics, also significantly impact IAs. These results suggest a need for a review of current policies on innovation and IA management for SMEs.