ABSTRACT
This conclusion presents some closing thoughts on the concepts discussed in the preceding chapters of this book. The book presents three traditional approaches for the monetary valuation of patent assets: cost-based approaches concerning the appraisal of the investments required to obtain an asset, market-based approaches relying on value benchmarks obtained from direct and revenue-based approaches consisting on the estimation of future cash-flows generated by the asset. It explores the extensive empirical evidences about the market value of R&D and patents with respect to several geographical contexts and multiple patent issuing authorities. It then estimates the patent premium value relying on the renewal fee decisions of patent maintenance: to keep a patent alive, a patentee needs to pay fees, and typically not all patents are brought till the end of their statutory life. Finally, the structure of patent indicators is greatly improved by taking into the account other IP strategies pursued by the innovator beyond patenting.
