Sculpture refers to the process of creating two-dimensional or three-dimensional objects by carving, casting, or other shaping techniques using stone, wood, metal or other materials. Sculpture works fall under the group of intangible assets referred to as artistic works. In business valuation analysis, Sculpture Works qualify as intangible assets because they are recognisable, separable and the potential value can be accurately measured. Intangible assets are a class of assets without physical form which generate economic benefits to the owners. To estimate the fair market value of sculpture works, business valuators apply techniques under the market, asset and income valuation methods. Owners of sculpture work appropriate exclusive rights over the economic benefits associated with their work through intellectual property rights registration for protection from third party infringements and violations.