Selbst geschaffene immaterielle Vermögensgegenstände im Recht der Rechnungslegung junger Technologieunternehmen

Can a „modernised“ accounting in accordance with HGB (German Commercial Code) promote research and development of innovations in Germany? The German legislator has – in faith in IFRS – legislated in core elements of HGB-accounting. However, the approach to overcoming barriers to funding for young technology companies was not achieved. The present book analyses major structural defects as far as the new accounting rules apply and demonstrates why the hoped-for success has not materialised and had to fail. It demands the return to the prohibition to capitalise internally generated intangibles and towards a reliable HGB-accounting. The analysis of the interests of investors provides recommendations, in which way financing challenges can be resolved: By reliable HGB-accounting and additional information, maintaining confidentiality, of “whom it concerns”.