Section: Evaluation dimensions | IP management: evaluation and protection | e-learning centre
Main course pageEvaluation dimensions
-
Evaluation dimensions
Find out more
Click the arrows below to read more about this module.
Main purposes of this module:
- to provide an introduction to and overview of the different valuation approaches, with an emphasis on the income approach
- to exemplify patent valuation on the basis of economic, technological and legal perspectives
Topics to be covered:
i. The legal perspective
ii. The technology perspective
iii. The market perspectiveRead more about this module:
A key requirement for valuable enabling technologies of products/solutions is the ownership of such technologies, which is gained through appropriate patents or utility models. The value of a technology is based on various aspects: the patentability of the technology, the risk of infringement, its traceability and its successful enforcement, and valuable licensing agreements based thereon.
From the technology perspective, the value depends to a large extent on the feasibility, risk/probability of success and development time. Other evaluation criteria are the potential gain of know-how through the idea and the advantage over existing technologies.
The market perspective looks at potential improvements in the competitive situation from the point of view of the customer, the competitor and the market. Special attention is given to disruptive innovation. In addition, complementary factors to generate income need to be taken into consideration.
-
Watch the video
This introduction to evaluation dimensions considers legal, technology, market and strategic fit. The relevance of technologies and IP to a company’s future can be evaluated from these different perspectives.
Speaker: Malte Köllner (00:45:31h)
