Valuation of Patents

The valuation of industrial property rights is extremely complex due to the overlapping of legal, technical and economical aspects. This book gives guidance to practitioners in preparing and implementing meaningful patent valuations. This work provides a clear and practice-oriented depiction of the various valuation methods and gives a systematical introduction to these methods. Each step of the valuation process is thoroughly detailed and describes by use of practical examples, numerous illustrations and diagrams.

The reader is provided an overall view of all aspects of the valuation methods, approaches and specifically, considerations of the practice relevant applications. The explanations and examples in this book allow the reader to independently solve valuation tasks which occur in practice. According to the international accounting rules of the IFRS, companies are allowed to determine the value of their patents.

This is only one of many reasons why companies ascertain the value of their patents. This book has been structured in modular form in order to make this very complex matter more understandable. Each section deals with the basics of value determination and the tools used to calculate tangible value. A central topic of this book is found in the "Valuation Methods" section in which the steps of value determination are systematically described beginning with an analysis of the surrounding circumstances to the formulation of the valuation report. In another part, concrete examples are illustrated from beginning to end.

The illustrations are very graphic. The numerous diagrams and images accompanying the lines of thought allow for easy comprehension.

The book is an excellent basis for practitioners in patent departments, patent attorneys, lawyers and consultants. Students find a sound entry to the topic and get a quick overall view. This book also addresses accountants, bankers and analysts as well as relevant experts.