More Expertise from LinkedIn: Maximising the Value of Your IP
(photo Patent Pending by Ben Eenhoorn)
Julie Turner of the Turner Law Firm has platinum educational and law firm IP experience. In the LinkedIn Q & A section, she responds to Supriya Sun's inquiry about the available "techniques and approaches for assessing (and extracting maximum value from) an owned patent portfolio" as follows:
There are a number of ways to value IP, from the "Monte Carlo Method" (really a combination of other ways), to assessing the prices and availabilities of alternatives, to looking at royalty rates in an industry and for what type of IP, to determining whether to license separately or as a portfolio.
There is an outstanding article on this topic at WIPO: Really goes through it very nicely and it's freely available.
One of the best IP valuators and writers on this subject is Richard Razgaitis. His qualifications are unparalleled for this kind of thing. He wrote a book called "Valuation and Pricing of Technology-Based Intellectual Property" that I highly recommend.
Another source if you are near a good library is the journal, Les Nouvelles. This is the journal of the Licensing Executives Society, a fabulous journal all about licensing and IP valuation.
