Patent valuation refers to determining the value of patents. Some patents are very valuable, but a number are not. Because patents often are quite complex, patent valuation is usually a highly detailed and expensive process that requires the input of lawyers and advisers with specific technical knowledge and experience. The makeup of patent valuation teams will vary by engagement, but it is axiomatic that before an appraiser can value something, he or she has to understand what it is.
valuation engagement
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