Patent value is both a subjective and objective concept. For over a decade, experts have struggled with the ability to quantify and value a patent.
There are different definitions of value, different investment theses, and different perspectives on intellectual property that have combined to drive large variations in defining patent value.
Historically, every patent needed to be individually read and applied to a product or products to determine value. However, this process is still subjective and there are too many patents in the world to make this feasible. Patent ranking and analytics have emerged to make valuation more objective and practical.
In this paper, discover:
- Background and current approaches
- Patent valuation methodology
- About Innography’s Unified Solution – CustomStrength