IP can be expensive to develop, market and malade? so that we understand intuitively that it has a value. Many IP professionals to ask whether all this makes it valuable, and if some attributes of IP make more than others.

First, to understand it is important that the specific characteristics of the IP is not necessarily useful, but you can compare the indicators are always correlated with value types. There are several definitions of value depending on the mission of the organization. For example, maintenance, litigation, licensing, defense and strategy all have their own value, which is unique to your team or company. work

As part of this area, you should try to statistical models to understand the correlation to useful results, as you define them. Based on the results you want, you can take advantage of the Internet from your IP to other IP, the show also found similar trends. The following example shows one of the results of intellectual property.

A document from the academic faculty at the University of California at Berkeley, Stanford, University of Texas, manufactures and George Mason University School of Law with the title “skewed” analysis of the key indicators suggest that. the relative value of patents in a legal context, the authors argue that “a |?. Some patents are intrinsically more valuable than others” and that the relative value can be measured objectively, the litigation is an important indicator. They have also found that at least seven attributes that indicate whether a patent can be relatively very precious.

You tend to be young pleaded, shortly after they are received. They tend to belong by domestic and foreign companies. They tend to be issued to individuals or small businesses, not big business. They refer more to the prior art that are not processed and are in turn more patents cited by other. They spend more time in prosecution than ordinary patents. They contain more claims than ordinary patents. They come disproportionately from certain industries. Patents in mechanical engineering, computers and medical devices are much more likely to be challenged than patents in the chemical and semiconductor industries.

The value of the determination of these attributes is that it can be measured objectively. You know, for example, the age of a patent and how often he has discussed. Likewise, a patent is either by a U.S. company owned or not, and you can know for sure how many times a patent is cited and how many patents they cited.

There are other parameters that are used for the maintenance, licensing, intellectual property, product protection can be used, and so on. The key takeaway is that whatever the outcome you are in research, evaluation measures much more mature than in the past, and they can give you insights that are beyond human capacity.

These statistical models can yield new possibilities such as increasing the price of licensing? Picking the potential for licensing of patents. Reduces the risk of litigation? Identification of risks and preventive measures to avoid them. Reduced maintenance costs? Pruning patents, which must be removed for maintenance.

Regardless of the outcome or assessment, science has yielded very good results and should be an essential part of your business. Measuring the relative strength of the patent is not science fiction, science fact and it can enable the return on investment, you would not without

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Evaluation of IP