For your patent, MRT patents will generate a custom valuation report including the current market value based on your issued Patent or published application. We can generate a report for patents and applications in the USPTO, EPO, India, China, Japan, Canada and many other jurisdictions.
Images provided are excerpts from single patent reports that MRT Patents has created for company patents.
The report will include the following sections:
1. Patent valuation summary including the monetary value of the patent
2. Patent methodology showing how the monetary value was reached including strategic, market, economic, technology and legal value scores
3. Patent bibliography and classifications & tags
4. Patent citation map with number of forward and backward citations
5. Chart of most cited patents
6. Table of similar patents with their patent values (competitor patents)
7. Application and issued patent trend chart for similar patents by year
8. Visual chart of key technologies by classification
9. Chart of application trend by key technologies
10. Licensee technology field map and table of potential licensees
Upon purchasing a patent valuation report, you will be prompted during checkout to enter the patent number of the patent you wish to have valued. Note, MRT patents will only charge your credit card if the patent is valid and a monetary value can be determined for your patent.
IMPORTANT: If you have questions about the report or process to order, we can set up a free of charge 15 minute Zoom to discuss your patent, the information that you would receive in this report and how you can use the report.
The Patent Valuation Process
Patent valuation is a process used to assign a financial value to a patent to determine its monetary worth. This provides a method of defining the competitiveness and tradability of the patent.
Some of the factors that may comprise patent valuation include:
Below is a brief summary of the three common methods of patent valuation:
Market Method
The market method values a patent based on the prices of similar patents that have been sold or licensed in the market. It relies on comparable transactions to estimate the patent's value, taking into account factors such as the industry, technology, and market conditions.
Income Method
The income method values a patent based on the expected future income it will generate. This approach involves forecasting the patent's future cash flows and discounting them to present value. Key considerations include the patent's revenue-generating potential, the duration of its legal protection, market demand, and competition.
Cost Method
The cost method values a patent based on the cost to create or replace it. This includes the expenses incurred in developing the patent, such as research and development costs, legal fees, and associated overheads. The replacement cost might also consider the costs of obtaining a similar patent.
MRT Patents uses the Market Method where the analysis also takes into account information derived similarly to that done in the Income Method and Cost Method in scoring the value of a patent in a number of key categories.