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2012
Report
Titel
Patents, their importance and valuation methods
Abstract
The knowledge economy emerges rapidly and therefore intangible assets are more valuable to businesses. Valuing these assets attracts much research from the field of technology management. Intangible assets include intellectual capital and intellectual property. Intellectual property is often protected by patents. Intangible assets' importance has been well recognized by numerous researchers and intellectual property valuation methods have been videly discussed in several works. This working paper summarises the state of the art in patent valuation methods. In principle three general valuation approaches (market-, income- and cost approach) exist. Nevertheless more sophisticated methods exit within these approaches and several multy factoral, dimensional methods have emerged.
Verlag
Fraunhofer MOEZ
Verlagsort
Leipzig