Patent valuation

Intellectual property assets such as patents are the core of many organizations and transactions related to technology. Licenses and assignments of intellectual property rights are common operations in the technology markets, as well as the use of these types of assets as loan security. These uses give rise to the growing importance^{[as of?]} of financial valuation of intellectual property, since knowing the economic value of patents is a critical factor in order to define their trading conditions.^[1]