Patent Valuation
Since 1790, the United States has issued over 7.5 million patents, which means at least 7.5 million inventions have been protected. Without patents, inventors run the risk of competitors stealing their inventions and making money at their expense. Patents keep others from the market, protecting the ingenuity of the inventors and allowing inventors to reap the rewards of their creations. But what good are patents if their value is not known?
Patents are perhaps the most complex of the intellectual properties in a technical sense. At Pellegrino & Associates, we have the experiences and the resources to tackle the most challenging patent valuation assignments. An important part of patent valuation is understanding the patented technology. For this, we are unique in the valuation profession. Our valuation analysts have technical degrees. We understand the science behind the technology to provide you an opinion with greater precision.
You wouldn’t hire an accountant to prosecute your patents. An accountant generally does not understand the science and cannot practice before the patent office. Instead, you would hire an engineer with a law degree. So why not hire an engineer with the appropriate accounting, finance, and marketing experience to value your patents?
With our analytical and technical skills, we can take a patent and examine it from all angles. We consider all the factors that affect value including the useful life, product life on the shelf, price and market demand, and general due diligence. We get to know the patent inside and out. We go straight to the source by interviewing patent owners and experimenting with the invention itself. By the time we are finished, we know and understand the patent thoroughly. In essence, we become the patent’s experts.
Not only do we get to know the patent intimately, but we keep up with the latest information in patent law and the possible valuation impacts over time. Perhaps most importantly, our patent valuations stand up well under critical review. Our work products receive continual accolades from both our clients and third parties that review our work. In fact, our reputation has intrigued other valuation firms enough to send us their most difficult assignments.
Furthermore, Pellegrino & Associates has generated an international reputation as patent valuation experts. Our patent valuation reports and valuation models have literally traveled the globe, from Hong Kong and Kuala Lumpur to Germany and North America.
Interested in learning more about our patent valuation services? Contact us to see how we can help.
