 Patent ValuationRoberto Moro-Visconti ()
Chapter Chapter 5 in The Valuation of Digital Intangibles, 2022, pp 161-188 from Springer Abstract: Abstract Patents are the result of risky and costly R&D, and the developer will try to recover its costs (and earn a return) through the sale of products covered by the patent, licensing others to use the invention (often a product or process), or through its outright sale. Patents are registered for protection and are typically valued for litigation or licensing purposes. They can create scalable value, levered by debt, and serviced by intangible-driven incremental EBITDA and cash flows. Intangibles like patents are a vital component of cash-generating value and goodwill as an excess return. Operating leverage is enhanced by patent-driven scalability, with a positive impact on cash generation. Bottlenecks that limit the potential of patents’ value are critically examined, with some tips for their minimization. Keywords: Intangible valuation; EBITDA; Cash flows; Information asymmetries; Royalties; Market value; Technology transfer; Biotechnologies; MedTech; Startups; Know-how; License (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-09237-4_5 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-09237-4_5 Access Statistics for this chapter More chapters in Springer Books from Springer |
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