The Intellectual Property Law Server

Welcome, Guest. Please Login or Register.
Jul 18th, 2019, 11:27am

Forums Forums Help Help Search Search Members Members Calendar Calendar Login Login Register Register
   Intellectual Property Forums
  
  
Assignments and Licenses
(Moderators: Forum Admin, JimIvey, JSonnabend)
   Patent Apprasal
« Previous topic | Next topic »
Pages: 1  Reply Reply Send Topic Send Topic Print Print
   Author  Topic: Patent Apprasal  (Read 821 times)
jim
Newbie
*




   


Posts: 3
Patent Apprasal
« on: Sep 27th, 2007, 3:51pm »
Quote Quote Modify Modify

How would one determine a value of a patent when asked if the patent is for sale?
The patent in question is designed to protect structures such as residential, commercial and mobile homes from complete wipe outs in the event of a major hurricane strike.
The product has been tested by a leading engineering university and has been in practical use throughout Florida, N. Carolina and La. since 1998.
Any suggestions would be helpfull, thanks  Smiley
IP Logged
patent_type
Junior Member
**




   


Posts: 81
Re: Patent Apprasal
« Reply #1 on: Sep 27th, 2007, 5:49pm »
Quote Quote Modify Modify

Financial organizations do this a lot.  Here are some links that might provide additional info:
 
http://www.aicpa.org/pubs/jofa/nov2004/cromley.htm  
 
http://www.patenthawk.com/valuation.htm  
 
http://www.patentvaluepredictor.com/home.asp?Unique=9272007185446  
 
http://www.firstprincipals.com/
 
I don't vouch for or know anything about any of those sites, but they may have helpful info.  Or they may not.  But Google thought they may be on point.
IP Logged
Wiscagent
Full Member
***




   


Posts: 843
Re: Patent Apprasal
« Reply #2 on: Sep 28th, 2007, 8:32am »
Quote Quote Modify Modify

A few approaches:
 
  i)  Try to sell the rights and see what offers you can get.
 
 ii)  You wrote "The product has been tested by a leading engineering university and has been in practical use ..."  If by 'practical' use you mean that the patented invention has been in commercial use, that moves the analysis from speculation towards calculation.  
 
If you can estimate the current sales and profit, and make reasonable projections on future sales and profit; those data can be compared to estimates for an alternative approach that does not infringe the patent.  Those are some of the steps that should be included in the analysis.  Also of course a legal opinion on the enforceability of the patent, and the potential costs and risks of litigation are important factors.
 
iii)  If the patented invention has not yet been in commercial use then you might be able to divine the patent’s value by analyzing a similar product.
 
 iv)  Tea leaves and Ouija boards; they’re are as useful as an analysis that lacks significant data inputs.
IP Logged

Richard Tanzer
Patent Agent
Pages: 1  Reply Reply Send Topic Send Topic Print Print

« Previous topic | Next topic »
Powered by YaBB 1 Gold - SP 1.3.2!
Forum software copyright © 2000-2004 Yet another Bulletin Board