Patent Valuation

Patent valuation is the process of determining the monetary worth of a patent, considering factors like its legal scope, technological significance, market potential, and future earnings ability. It helps businesses decide whether to buy, sell, license, or invest in a patent. Valuation methods may include looking at projected revenues from using or licensing the patent, or comparing it to similar patents. Ultimately, it provides a financial perspective on the patent's value, guiding strategic decisions and ensuring proper recognition of its contribution to a company's or inventor’s assets.