Patent Valuation: Improving Decision Making through Analysis -- Contents -- Preface -- Acknowledgments -- PART ONE: Foundations for Patent Valuation and Decision Making -- CHAPTER 1: Valuation Basics -- What Is Value? -- The Valuation Process -- Identifying the Subject Matter of the Valuation -- Valuation Misconceptions -- The Three Basic Valuation Methodologies -- Limitations on Rationality in Valuation and Decision-Making Exercises -- References -- Notes -- CHAPTER 2: Patent Basics -- What Is a Patent? -- Anatomy of a Patent -- Criteria for a Patent -- Transferring Patent Rights -- Nationality of a Patent -- References -- Notes -- CHAPTER 3: Using Valuation Analysis to Improve Patent Decision Making -- Patent Decisions -- Maximizing, Optimizing, and Satisficing: How Much to Invest in Valuation Analysis -- Preliminary Portfolio Valuation Audit: A Practical Valuation Technique -- References -- Notes -- CHAPTER 4: Disassembly -- Disassembly and Decision Trees -- Using Disassembly to Develop Higher-Quality Data -- Using Disassembly to Understand Data Better -- References -- Notes -- PART TWO: Patent Valuation Techniques -- CHAPTER 5: Preparing for the Valuation -- Understanding the Bundle of Legal Rights -- Ownership Interest in the Patent -- Description of the Patent Rights -- Encumbrances on the Patent Rights -- Understanding the Patent Rights' Neighborhood -- Exploiting the Patent Rights -- References -- Notes -- CHAPTER 6: Income Methods: Discounted Future Economic Benefits Analysis -- Basic Arithmetic of the Discounted Future Economic Benefits Analysis -- Garbage In, Garbage Out: The Challenges Lay in the Inputs, Not the Math -- Projecting Future Net Economic Benefits -- Developing Projections from Analytical Analyses -- Estimating the Discount Rate -- References -- Notes.

CHAPTER 7: Advanced Income Methods: Incorporating the Value of Future Decision Opportunities -- Option Contracts and Their Value -- Real Options -- Valuing Patents Using Option-Pricing Insights -- Using Decision Trees to Incorporate the Value of a Patent's Future Decision Opportunities -- References -- Notes -- CHAPTER 8: Market Methods -- Markets and Patent Rights -- Competitive Exchange -- Comparable Transactions -- Alternatives to the Core Market Methods -- References -- Notes -- CHAPTER 9: Cost Methods -- A Few Accounting Principles -- Cost of Development: Questionable Valuation Tool -- Cost of Reasonable Alternatives: Establishing a Maximum Price -- References -- Notes -- PART 3: Patent Valuation in Practice -- CHAPTER 10: Pricing Patent Licenses -- Payment Structures -- Determining the Price for a License -- Less Formal Valuation Techniques for Setting Royalty Rates -- References -- Notes -- CHAPTER 11: Patent Infringement Damages -- U.S. Legal Framework for Calculating Damages in Patent Infringement Cases -- Lost Profits -- Reasonable Royalty -- Additional Patent Damages Matters -- Answering the Sue or Settle Question -- References -- Notes -- CHAPTER 12: Unlocking the Potential Value within Patents -- Keeping Pace with Economic Changes -- Patents as Collateral for Secured Loans -- Securitizing Patents -- References -- Notes -- CHAPTER 13: Valuation in Patent-Based Tax-Planning Strategies -- Examples of Patent-Based Tax-Reduction Strategies -- Transfer Pricing -- Determining Transfer Prices for Patent Rights -- References -- Notes -- About the Authors -- Index.

A practical resource for valuing patents that is accessible to the complete spectrum of decision makers in the patent process In today's economy, patents tend to be the most important of the intellectual property (IP) assets. It is often the ability to create, manage, defend, and extract value from patents that can distinguish competitive success and significant wealth creation from competitive failure and economic waste. Patent Valuation enhances the utility and value of patents by providing IP managers, IP creators, attorneys, and government officials with a useable resource that allows them to use actual or implied valuations when making patent-related decisions. Involves a combination of techniques for describing patent valuation Includes descriptions of various topics, illustrative cases, step-by-step valuation techniques, user-friendly procedures and checklists, and examples Serves as a useable resource that allows IP managers to use actual or implied valuations when making patent-related decisions One of the most fundamental premises of the book is that these valuation skills can be made accessible to each of the various decision makers in the patent process. Patent Valuation involves narrative descriptions of the various topics, illustrative cases, step-by-step valuation techniques, user-friendly procedures and checklists, and an abundance of examples to demonstrate the more complex concepts.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.