In a world economy where the highest value assets are intangible, it is becoming increasingly important to distinguish assets that are actually useful from those that are not particularly useful, or worse yet, those that will create negative value because they will never be enforced or licensed, but will continue to require investment in the form of maintenance fee payments.
There is a long history of valuing patent assets in particular, which has resulted in some very accurate, tried-and-true patent valuation metrics. Many of these value indicators, particularly the ones often seen as most predictive of value, such as forward citations and litigations, are not available until a significant amount of time has passed after the patent publishes.
To fill this void between the creation of the innovation and acquisition of the patent asset, during the early patent lifecycle, practitioners are beginning to look to prosecution data for indicators of value. Which patent publications will ultimately issue? Which of those that issue will be valuable? Given the complexity of valuing patents and portfolios during the early lifecycle, even hints at the value proposition presented can be informative.
Join Gene Quinn, President, and CEO of IPWatchdog, Inc, as well as Megan McLoughlin on TUESDAY, October 22, 2019, at 12:00 pm (noon) EDT, where we will explore prosecution data points that can be used to predict patent value, and whether this type of analysis is worthwhile. What does looking at prosecution and the way it unfolds tell you about the underlying innovation? What does it tell you about the company?
In addition to taking as many questions as possible, we will also discuss tips for altering your prosecution strategy to ensure that the resulting patents are actually valuable, or at the very least, perceived as such.