Method for valuing intellectual property

Details Method for valuing intellectual property Method for valuing intellectual property

2007-03-06

2007-03-06

Hayes, John W. (Department: 3628)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

C007S158000, C007S158000

Reexamination Certificate

active

09726277

ABSTRACT:
A method of placing a discrete value on an intellectual property asset through a series of associations and calculations that determine the proportional contribution of an intellectual property asset to the competitive advantage of a related product in a real market. The methodology of the present invention first associates the intellectual property asset with a related tangible asset that embodies the intellectual property asset. After a set of parameters that define the tangible asset are identified, the tangible asset is quantitatively compared to competing tangible assets in the marketplace to determine its overall competitive advantage relative to those competing assets. The contribution of the intellectual property asset to the average competitive advantage of the tangible asset in which it is embodied is calculated by first comparing the intellectual property asset to substitute intellectual property assets that are embodied in competing tangible assets and associated with the same parameter. Next, the intellectual property asset is compared to complementary intellectual property assets that are included in the same tangible asset and associated with the same parameter group. Based upon the proportional competitive advantage contribution of the intellectual property asset to the average competitive advantage of the tangible asset, a percentage of the tangible asset's present value is assigned to the intellectual property asset. The present invention can also be used for planning development of pre-market products, calculating the value of a license to a licensor and licensee, and selecting among alternative research and development investments.

REFERENCES:
patent: 4334270 (1982-06-01), Towers
patent: 5526257 (1996-06-01), Lerner
patent: 5970479 (1999-10-01), Shepherd
patent: 5999907 (1999-12-01), Donner
patent: 6018714 (2000-01-01), Risen, Jr. et al.
patent: 6038554 (2000-03-01), Vig
patent: 6321205 (2001-11-01), Eder
patent: 6330547 (2001-12-01), Martin
patent: 6556992 (2003-04-01), Barney et al.
patent: 6615195 (2003-09-01), Chittipeddi
patent: 2001/0034695 (2001-10-01), Wilkinson
patent: 2002/0046038 (2002-04-01), Prokoski
patent: 2003/0061064 (2003-03-01), Elliott
patent: 2201429 (1998-10-01), None
patent: 2201429 (1998-10-01), None
patent: WO 01/93154 (2001-12-01), None
Mard et al., “Intellectual Property Valuation”, Apr. 2000, 20 pages, available at www.fvginternational.com.
Bertolotti, Nick, “Valuing Intellectual Property”, Feb. 1995, Managing Intellectual Property, Iss. 46, p. 28, 7 pgs, 1988, International Journal of Technology Management, vol. 3, Iss 1-2, p. 31 (abstract 2 pgs).
Neil, D. J. , “The Valuation of Intellectual Property”, 1988, International Journal of Technology Management, vol. 3, Iss 1-2, p. 31 (abstract).
Hulsey III, William N. , “Intellectual property valuation aids in high tech investments”, Dec. 19, 1997, Austin Business Journal, vol. 17, Issue: 42, p. 31.
Hyden et al., “Identifying, protecting and valuing intellectual property”, Jul./Aug. 1998, Journal of Asset Protection, vol. 3, Iss. 6. (2 pg abstract).
Bertolotti et al., The valuation of intellectual property, Nov. 26-27, 1996, Beijing, WIPO National Seminar On the Valuation of Industrial Property Assets.
Parr, Russell, “Pricing Intangible Assets: Methods of valuation of intellectual property”, Nov. 19-20, 1998, Lima, Seminario Sombre Valorizacion de la propiendad intelectual.
Turner, John, “Valuation of Intellectual Property Assets; valuation techniques: Parameters, methodologoes and limitations”, Nov. 22-24, 2000, Taejon, Republic of Korea., WIPO Asian regional forum on the intellectual property trategy for the promotion of innovative and inventive activities.
Austin, David. H, “An Event-Study Approach to Measuring Innovative Output: The Case of Biotechnology”, May 1993, The American Economic review, vol. 83, No. 2. pp. 253-258.

Affiliated with

Also associated with

Rating

Method for valuing intellectual property does not yet have a rating. At this time, there are no reviews or comments for this patent.

If you have personal experience with Method for valuing intellectual property, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method for valuing intellectual property will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFUS-PAI-O-3804055