The Economic Valuation of Patents provides an original and essential analysis of patent valuation, presenting the main methodologies to value patents in different contexts. Starting with an analysis of the relevance of patent valuation from a strategic, economic and legal perspective, the book undertakes a thorough review of the existing financial and qualitative valuation methodologies. The contributing authors, IP experts from academia and business, discuss the application of valuation issues in various contexts such as patent portfolio management, licensing agreements, IP litigation, IP-backed finance and accounting. For each topic, an introductory theoretical background is provided and specific application contexts are then investigated. This multidisciplinary book bridges theory and practice in a unique and novel way that will be appreciated by graduate students, scholars and practitioners alike.
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
Introduction Part I: Perspectives on Patent Value 1. Why, When and How to Value Patents? An Introduction 2. A Law and Economics Introduction to Patent Law and Procedure 3. Economic and Management Perspectives on the Value of Patents 4. Patent Exploitation Strategies and Value Creation Part II: Patent Valuation Methods 5. Traditional Valuation Methods: Cost, Market and Income Approach 6. Advanced Valuation Methods: The Real Options Approach 7. Valuing Patents through Indicators Part III: Patent Valuation Contexts 8. Patent Portfolio Management 9. Patent Licensing Contracts 10. Economic Approaches to Patent Damages Analysis 11. Valuing Patents for Accounting Purposes 12. Patent-backed Finance 13. Stock Market Valuation of Patent Portfolios Index