Description
Book SynopsisThe Economic Valuation of Patents provides an original and essential analysis of patent valuation, presenting the main methodologies to value patents in different contexts.
Starting with an analysis of the relevance of patent valuation from a strategic, economic and legal perspective, the book undertakes a thorough review of the existing financial and qualitative valuation methodologies. The contributing authors, IP experts from academia and business, discuss the application of valuation issues in various contexts such as patent portfolio management, licensing agreements, IP litigation, IP-backed finance and accounting. For each topic, an introductory theoretical background is provided and specific application contexts are then investigated.
This multidisciplinary book bridges theory and practice in a unique and novel way that will be appreciated by graduate students, scholars and practitioners alike.
Contributors: M.A. Bader, O. Gassmann, H. Goddar, M. Granieri, K. Laursen, M.I. Leone, S. Morricone, U. Moser, F. Munari, M.C. Odasso, N. Omland, R. Oriani, L. Sereno, M. Sobrero, L. Toschi, P.M. Valenti
Trade Review'In depth knowledge and scientific approach are used to improve patent valuation techniques. . . a dream book for both researchers and practitioners interested in identifying the value of creative minds.' --Bruno van Pottelsberghe, Solvay Brussels School of Economics and Management, ULB, Belgium
'This book fills an important gap in the literature and will be very useful both to students of intellectual property and practitioners confronted by the problem of valuing their patent portfolios. An excellent overview of an evolving and challenging area, it provides the necessary background to thinking about the problem of valuation and describes all the major methods in use, including the real options approach.'
--Bronywn H. Hall, University of California, Berkeley
Table of ContentsContents: Introduction Federico Munari and Raffaele Oriani PART I: PERSPECTIVES ON PATENT VALUE 1. Why, When and How to Value Patents? An Introduction Federico Munari and Raffaele Oriani 2. A Law and Economics Introduction to Patent Law and Procedure Massimiliano Granieri 3. Economic and Management Perspectives on the Value of Patents Federico Munari and Maurizio Sobrero 4. Patent Exploitation Strategies and Value Creation Maria Isabella Leone and Keld Laursen PART II: PATENT VALUATION METHODS 5. Traditional Valuation Methods: Cost, Market and Income Approach Heinz Goddar and Ulrich Moser 6. Advanced Valuation Methods: The Real Options Approach Raffaele Oriani and Luigi Sereno 7. Valuing Patents through Indicators Nils Omland PART III: PATENT VALUATION CONTEXTS 8. Patent Portfolio Management Martin A. Bader and Oliver Gassmann 9. Patent Licensing Contracts Massimiliano Granieri, Maria Isabella Leone and Raffaele Oriani 10. Economic Approaches to Patent Damages Analysis Paola Maria Valenti 11. Valuing Patents for Accounting Purposes Serena Morricone 12. Patent-backed Finance Federico Munari, Maria Cristina Odasso and Laura Toschi 13. Stock Market Valuation of Patent Portfolios Serena Morricone and Raffaele Oriani Index
