At the Global IP Finance Conference in Seoul/Korea June 29th 2018 InTraCoM GmbH introduced the new ways and procedures for Patent Valuation in different financing scenarios. Korea is a known worldwide pioneer in using patents as collateral and as an instrument in general for financing as well as early stage indicator for seed financing. Accordingly the interest was huge for the conference where only invited guests of politics, authorities, NGO and Capital Management Companies were able participate. With 370 participants the conference was way higher frequented as expected. It shows the common rising interest in this field in Korea. CEO Dr. Dierk-Oliver Kiehne presented here different approac
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.