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| Preface | |
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| Acknowledgments | |
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| Foundations for Patent Valuation and Decision Making | |
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| Valuation Basics | |
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| What Is Value? | |
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| The Valuation Process | |
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| Identifying the Subject Matter of the Valuation | |
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| Valuation Misconceptions | |
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| The Three Basic Valuation Methodologies | |
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| Limitations on Rationality in Valuation and Decision-Making Exercises | |
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| References | |
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| Notes | |
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| Patent Basics | |
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| What Is a Patent? | |
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| Anatomy of a Patent | |
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| Criteria for a Patent | |
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| Transferring Patent Rights | |
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| Nationality of a Patent | |
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| References | |
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| Notes | |
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| Using Valuation Analysis to Improve Patent Decision Making | |
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| Patent Decisions | |
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| Maximizing, Optimizing, and Satisficing: How Much to Invest in Valuation Analysis | |
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| Preliminary Portfolio Valuation Audit: A Practical Valuation Technique | |
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| References | |
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| Notes | |
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| Disassembly | |
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| Disassembly and Decision Trees | |
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| Using Disassembly to Develop Higher-Quality Data | |
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| Using Disassembly to Understand Data Better | |
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| References | |
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| Notes | |
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| Patent Valuation Techniques | |
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| Preparing for the Valuation | |
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| Understanding the Bundle of Legal Rights | |
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| Ownership Interest in the Patent | |
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| Description of the Patent Rights | |
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| Encumbrances on the Patent Rights | |
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| Understanding the Patent Rights' Neighborhood | |
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| Exploiting the Patent Rights | |
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| References | |
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| Notes | |
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| Income Methods: Discounted Future Economic Benefits Analysis | |
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| Basic Arithmetic of the Discounted Future Economic Benefits Analysis | |
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| Garbage In, Garbage Out: The Challenges Lay in the Inputs, Not the Math | |
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| Projecting Future Net Economic Benefits | |
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| Developing Projections from Analytical Analyses | |
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| Estimating the Discount Rate | |
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| References | |
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| Notes | |
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| Advanced Income Methods: Incorporating the Value of Future Decision Opportunities | |
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| Option Contracts and Their Value | |
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| Real Options | |
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| Valuing Patents Using Option-Pricing Insights | |
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| Using Decision Trees to Incorporate the Value of a Patent's Future Decision Opportunities | |
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| References | |
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| Notes | |
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| Market Methods | |
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| Markets and Patent Rights | |
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| Competitive Exchange | |
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| Comparable Transactions | |
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| Alternatives to the Core Market Methods | |
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| References | |
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| Notes | |
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| Cost Methods | |
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| A Few Accounting Principles | |
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| Cost of Development: Questionable Valuation Tool | |
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| Cost of Reasonable Alternatives: Establishing a Maximum Price | |
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| References | |
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| Notes | |
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| Patent Valuation in Practice | |
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| Pricing Patent Licenses | |
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| Payment Structures | |
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| Determining the Price for a License | |
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| Less Formal Valuation Techniques for Setting Royalty Rates | |
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| References | |
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| Notes | |
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| Patent Infringement Damages | |
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| U.S. Legal Framework for Calculating Damages in Patent Infringement Cases | |
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| Lost Profits | |
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| Reasonable Royalty | |
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| Additional Patent Damages Matters | |
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| Answering the Sue or Settle Question | |
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| References | |
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| Notes | |
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| Unlocking the Potential Value within Patents | |
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| Keeping Pace with Economic Changegraves | |
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| Patents as Collateral for Secured Loans | |
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| Securitizing Patents | |
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| References | |
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| Notes | |
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| Valuation in Patent-Based Tax-Planning Strategies | |
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| Examples of Patent-Based Tax-Reduction Strategies | |
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| Transfer Pricing | |
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| Determining Transfer Prices for Patent Rights | |
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| References | |
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| Notes | |
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| About the Authors | |
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| Index | |