The 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.
Edited by Federico Munari, Associate Professor, University of Bologna, Italy and Raffaele Oriani, Associate Professor, LUISS Guido Carli University, Italy
Contents: 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