June 2018 was the most successful month for the Stuttgart based InTraCoM Group: 2 new awards were given to the patent valuation specialist in Germany. The international CorporateLiveWire Magazine awarded InTraCoM already the second time in a row as the “Patent Valuation Company of The Year 2018”. With the award the strong engagement of the company in the banking sector has been recognized: Patents are used as an instrument within financing of companies using them as collateral. In this way especially small and innovative companies with promising patents can get their patents rated by InTraCoM in order to enhance their access to finance and their financing conditions. CEO Dr. Dierk-Oliver Kie
Today, the major part of the value of a company - on average over 80% - consists of intangible assets. Patents are among the "most tangibles among the intangibles": they can be borrowed, sold, licensed, for example. Companies use them to protect innovations from imitation and as a strategic instrument to keep competitors out of the market or to ensure a strategic balance of power.
Accordingly, patents also allow a deep insight into the R&D activities of companies and reveal much about the planned future and potential capabilities. However, this requires a quality measurement or, even better, a value assessment in order to obtain reliable information. The sustainability efforts of companies can also be supported, substantiated or questioned with patent value analyses.
Our Patent-Insider-Blog compiles interesting information, tips, news and hints extracted from patent values for you.