August 16, 2023
In the dynamic realm of innovation and intellectual property, patents are not just legal protections; they are valuable assets that can have a significant impact on a company's bottom line. Patent valuation is the process of determining the monetary value of a patent, helping inventors, businesses, and investors understand the potential worth of their inventions in the market. In this article, we delve into the importance of patent valuation, the methods used, and how it plays a pivotal role in strategic decision-making.