Intellectual property rights (IPR): what is a patent worth?
Patents provide exclusivity for the commercialization of inventions and often play a crucial role in convincing potential investors in many industries. Patent is a kind of intangible asset and its value can be estimated using cost approach, market approach or income approach. However, the usefulness...
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Format: | Conference or Workshop Item |
Language: | English |
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Universiti Putra Malaysia Press
2004
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Online Access: | http://psasir.upm.edu.my/id/eprint/65098/1/71-6.pdf |
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author | Mohd Lila, Mohd Azmi |
author_facet | Mohd Lila, Mohd Azmi |
author_sort | Mohd Lila, Mohd Azmi |
collection | UPM |
description | Patents provide exclusivity for the commercialization of inventions and often play a crucial role in convincing potential investors in many industries. Patent is a kind of intangible asset and its value can be estimated using cost approach, market approach or income approach. However, the usefulness of each approach is rather situational and it demands different kinds of consideration. The value of patents shall be higher if it is packaged together with other forms of intellectual property rights. One or more patents along with other forms of IP such industrial design, trade secret or know-how are often the best proof of an entity’s ability to exclude competitors from free riding on the novel/original or aesthetically attractive features of its products or services. |
first_indexed | 2024-03-06T09:48:45Z |
format | Conference or Workshop Item |
id | upm.eprints-65098 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-03-06T09:48:45Z |
publishDate | 2004 |
publisher | Universiti Putra Malaysia Press |
record_format | dspace |
spelling | upm.eprints-650982018-09-03T04:54:12Z http://psasir.upm.edu.my/id/eprint/65098/ Intellectual property rights (IPR): what is a patent worth? Mohd Lila, Mohd Azmi Patents provide exclusivity for the commercialization of inventions and often play a crucial role in convincing potential investors in many industries. Patent is a kind of intangible asset and its value can be estimated using cost approach, market approach or income approach. However, the usefulness of each approach is rather situational and it demands different kinds of consideration. The value of patents shall be higher if it is packaged together with other forms of intellectual property rights. One or more patents along with other forms of IP such industrial design, trade secret or know-how are often the best proof of an entity’s ability to exclude competitors from free riding on the novel/original or aesthetically attractive features of its products or services. Universiti Putra Malaysia Press 2004 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/65098/1/71-6.pdf Mohd Lila, Mohd Azmi (2004) Intellectual property rights (IPR): what is a patent worth? In: 11th International Conference of the Association of Institutions for Tropical Veterinary Medicine and 16th Veterinary Association Malaysia Congress, 23-27 Aug. 2004, Sunway Pyramid Convention Centre, Petaling Jaya, Malaysia. (pp. 124-125). |
spellingShingle | Mohd Lila, Mohd Azmi Intellectual property rights (IPR): what is a patent worth? |
title | Intellectual property rights (IPR): what is a patent worth? |
title_full | Intellectual property rights (IPR): what is a patent worth? |
title_fullStr | Intellectual property rights (IPR): what is a patent worth? |
title_full_unstemmed | Intellectual property rights (IPR): what is a patent worth? |
title_short | Intellectual property rights (IPR): what is a patent worth? |
title_sort | intellectual property rights ipr what is a patent worth |
url | http://psasir.upm.edu.my/id/eprint/65098/1/71-6.pdf |
work_keys_str_mv | AT mohdlilamohdazmi intellectualpropertyrightsiprwhatisapatentworth |