How do I know if my patents are valuable?
There are several methods, that can be used to value technology. The cost approach is represented by those investments associated with developing, protecting and commercializing the technology.
They represent the base or minimum that a licensor want to recover. The income approach to valuation involves making educated guesses (or more precise measures, if possible) as the amount of income that the technology will generate.
The issue then is to determine the respective shares the parties should each have of the benefits and find a royalty formula that matches that calculation.
The Market approach follows that comparable market transactions are a convenient and useful way of determining the value of an asset in anticipation of negotiating a purchase or sale. The same approach is performed from ip4SME, which is fast and reliable.