IP Valuation Resource Center
Business Valuation Resources recognizes the increasing importance of accurate and defensible intangible property and intellectual property valuations not only to fulfill compliance requirements (Fair Value accounting, Transfer Pricing, etc.), but also to sustain business growth strategies worldwide. The need for a prospective look at an emerging technology can easily be distinguished from the need for a valuation of a business, but the disciplines required and methodologies utilized to perform the former require special tools. All concerned parties can continue to count on BVR for authoritative market data, continuing professional education, and expert opinion, here as it relates specifically to valuation of intangible property.Data Tools
ktMINE: A Database of Royalty Rate Comparables
ktMINE is an interactive intellectual property database that provides direct access to royalty rates, actual license agreements and detailed agreement summaries. With precise search functionality and robust data mining capabilities, ktMINE lets you quickly find and analyze market comparables from a goldmine of IP license agreements and documents.
Books
Fair Value Measurements: Practical Guidance and Implementation, Second Edition
Now in a second edition, Fair Value Measurement: Practical Guidance and Implementation helps you succeed in understanding the fair value accounting rules that entities must follow. The result is a resource that you can rely on to understand the importance of valuation and the concepts that define it. In basic, nontechnical language, author Mark Zyla presents practical direction for best practices of financial valuation as well as for understanding the many FASB pronouncements involving fair value. An essential guide for auditors and valuation specialists, Fair Value Measurement: Practical Guidance and Implementation, Second Edition brings you up to speed on what fair value really means.
Benchmarking Identifiable Intangibles and Their Useful Lives in Business Combinations
As valuation analysts know only too well, analysts, auditors and CFOs have been on their own in estimating remaining useful lives of intangible assets without significant benchmarks ever since the Financial Accounting Standards Board (FASB) created the uniform procedure whereby the acquiring entity in a business combination must perform a purchase price allocation (PPA). This Study delivers a compilation of reported data, particularly on useful lives of intangible assets as reflected in over 360 purchase price allocations. Analysts will use the data to benchmark what intangibles are being discovered, categorized and valued in what industries, and the ratios of individual intangible asset categories to total assets.
BVR's Guide to Intellectual Property Valuation, Second Edition
Author and leading IP expert Michael Pellegrino analyzes real-world examples of IP valuation and discusses each of the primary IP categories including patents, trademarks, copyrights and trade secrets. The new edition includes chapters on valuation approaches and guidance, due diligence, discount rate development, royalty rates and much more. The Guide is available in print, e-Book, and Kindle-friendly formats as well as an online version including bonus content, IP case law and training materials.
The Essentials of Patent Claim Drafting
This resource is a practical guide to the drafting of patent claims in U.S. patent applications. The actual mechanics of claims are covered in-depth from simple mechanical cases to complex chemical and pharmaceutical cases. The emphasis is on the how-to of claim drafting, rather than on the history and theory. It contains multiple examples for all types of claims which a practitioner is likely to draft, and provides an easy reference for the drafting of particular types of claims.
Intellectual Property Strategies for the 21st Century Corporation: A Shift in Strategic and Financial Management
A practical approach to the modern management of intellectual property.The world has changed significantly in the past decade, resulting in new behavior and practice related to the ownership and management of intellectual property. Intellectual Property Strategies for the 21st Century Corporation, authored by Lanning Bryer, Scott Lebson, and Matthew Asbell, helps executives, attorneys, accountants, managers, owners, and others understand the legal, technological, economic, and cultural changes that have affected IP ownership and management. It provides case studies, practical examples and advice from seasoned and enduring professionals who have adopted new and streamlined methods and practices whether as in-house or outside counsel or service providers.
BVR's Intellectual Property Valuation Case Law Compendium: 2011/2012 Edition
BVR's Intellectual Property Valuation Case Law Compendium contains close to 100 court cases abstracts and full text opinions of cases involving a dispute over the value of intellectual property. The compendium includes court case digests written by BVR's internationally recognized expert legal editorial team and the companion CD is fully indexed and contains hyperlinks to the full text of the actual court opinions. A key feature of the compendium is a summary table for quick and easy reference to cases by name, type of case, date, court and state/jurisdiction, making this a valuable resource for any expert involved in intellectual property valuation.
Mission: Intangible
Managing Risk and Reputation to Create Enterprise Value
Authored by Dr. Nir Kossovsky
The corporate assets not on your balance sheets (i.e., intangible assets or reputational assets) are becoming more important than ever in today's information-based global economy. Companies that strategically measure and manage intangible assets will be better positioned to succeed throughout the 21st century than companies which rely only on traditional accounting and financial analyses which were developed when our economy was based on agricultural and industrial production. Reputational assets include resilience, brands, copyrights, employee know-how, patents, trademarks, operational ethics, innovation, security, and sustainability.
University Startup Directory
Investors, entrepreneurs, analyst and private equity professionals, corporate and government technology scouts will benefit from the information contained in The University Startup Directory - it is THE definitive resource for identifying and understanding the promising investment sector and is the first detailed list and index of university startups. University Watch brings together difficult to find data about the high potential university startup market into an easy to use report. A listing of 1,000 plus university startups, with indexes and qualifications on each, allows readers to quickly find the startups they need.
Technology Transfer Strategies - A Guide to Maximizing Returns Within the Pharmaceutical and Biopharmaceutical Industries
This report explores the recognized and increasing need for a better understanding between all stakeholders in the biopharmaceutical and pharmaceutical community concerning the efficient transfer of technologies created from early innovative research to the commercialization of new product technologies. The report introduces the concept of technology transfer and the organizational reasons for opting on technology transfer along with the major technologies transferred.
Order report: $3,500 (delivered as PDF via email)
Calculating Lost Profits in IP and Patent Infringement Cases
This Guide, edited by Nancy Fannon, brings together the comprehensive body of knowledge on lost profits damages and delivers a definitive resource for IP professionals, tech transfer executives, financial experts, and attorneys. Fannon and other leading experts present thorough analyses of current case law and valuation methodology that form the basis of damage awards in IP and patent infringement cases.
Intangible Capital: Putting Knowledge To Work in The 21st Century Organization
Intangible Capital arms companies with the understanding and practical tools to succeed in today’s innovation driven, knowledge-based economy that is increasingly dependent on the flow and use of human, relationship, structural, and strategic capital (intangible assets). The necessity to develop, manage, and value these assets has become a critical responsibility as rising percentages of a company's value, sources of revenue, and growth potential evolve directly from intangible capital. The book comes with many timely insights for using intangible capital as revenue and competitive advantage producers on an enterprise wide basis.
Licensing Trade Secrets: Overview and Sample Agreements
Trade secrets are a consideration in every technology license. It has been estimated that the addition of trade secrets to a patent license in technology can increase the value of the license up to three to ten times. This Guide provides an overview of what constitutes a trade secret and how they affect value. The overview is followed by examples of several different kinds of real agreements that license trade secrets in one way or another. By reviewing the actual agreements, readers will learn how companies characterize and monetize their trade secrets.
Royalty Rates in Copyright Agreements: A BVR Guide to Full-Text Licensing Agreements
Up until now, very little has been assembled to assist in the valuation of an organization’s copyright assets. Royalty Rates in Copyright Agreements illustrates how others have realized value from their copyrights through licensing. By looking at the licenses others have negotiated, readers can gain empirical insight into relative values of these intellectual properties. The full text licenses contained in this Guide contain non-redacted variable or “running” royalty rates. Each agreement is first summarized and then provided in full text. This one-of-a-kind guide features 800+ pages of agreements and summaries, including agreements for music, movies, character/personas, scientific/technological information and more.
Royalty Rates in Biotech: BVR's Guide to Full-Text Licensing Agreements
Intellectual property valuations occur in the biotech industry for a number of reasons, including licensing, transfer pricing, mergers and acquitions, collateral and litigation. To assist in constructing these agreements, BVR published this Guide which contains 500+ pages of full text copies of actual licensing agreements in the biotech industry. These hard-to-find agreements provide valuable guidance in setting royalty rates and addressing complex issues in a license agreement.
Royalty Rates for Technology, 4th Edition
Royalty Rates for Technology includes all available compensation terms for the license agreements - fixed royalty rates, per unit royalties, scaled royalty rates, and license fees. Each transaction in this Guide includes a description of the licensed technology and compensation terms including royalty rates and license fees and the identity of the licensor and licensee. Many deals also feature a discussion regarding the markets for and benefits of the licensed technology. In addition, Royalty Rate Derivation Models are provided showing different methods for calculating appropriate royalty rates and royalty audit advice to assure compliance with license agreements and the accurate collection of royalty payments.
Order Book for $1250 (delivered as PDF via email)
Royalty Rates for Trademarks & Copyrights - Fourth Edition
Financial models for determining a royalty rate are a new part of this new edition. This Guide includes rules of thumb, profit differential calculations, investment rate of return analyses and discounted cash flow analysis. Examples are presented that can be used as a template for your specific applications. Royalty rate data is reported in industries such as airlines, celebrities, electronics, publishing, sports, and more.
Order book for $600 (delivered as PDF via email)
Royalty Rates for IP Rates for Pharmaceuticals & Biotechnology
This Guide reports royalty rates for an incredible range of compounds, manufacturing techniques, therapies and other pharmaceutical and biotechnology patented inventions. It presents detailed financial information about third party transactions that center on the transfer of biotechnology and pharmaceutical technology. The parties are identified, the technology is described and all of the financial terms available are reported including royalty rates, license fees and milestone payments. This new edition also presents seven financially based models for pricing and valuing biotech and pharmaceutical technology and comprehensive illustrations are provided.
Order book for $1750 (delivered as PDF via email)
Training Programs
Valuation of Know-How: Patents, Proprietary Technology and IPR&D
Thursday, June 27, 2013, 10:00am-11:40am PT / 1:00pm-11:40am ET
Featuring:
Mark Zyla
Intellectual Property Desktop Learning Center™
Access more than 30 intellectual property presentations from top professionals in the industry, such as:
- Valuing Internet-Based Companies
- Finding & Analyzing Royalty Rates
- Lost Profits in Trademark and Copyright Cases
- Damages in Patent Infringement Lawsuits
- And more!
Training Packs
BVR's Training Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.
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A New Approach to IP Management: The Penn State University Research Model ($179.00)
Featuring Dr. Hank Foley, Vice President for Research at Penn State -
Valuing Early Stage Companies ($179.00)
Featuring Michael Pellegrino
IP Research Services
BVResearch is a trusted IP research partner for technology firms, law firms, independent R&D centers, technology transfer and commercialization firms, investment banks, brokerages, independent research providers, hedge funds, private equity and VC firms, management consulting firms, corporations, government bodies and trade associations. Our IP practice has highly qualified and experienced analysts who have advanced degrees in engineering and other sciences as well as MBAs. We have the experience and capabilities to handle a broad array of technology domains, with a specialized focus on biotechnology, pharmaceuticals, biomedical devices and biochemistry. Learn More
Free Resources
The U.S. Economics and Statistics Administration and the U.S. Patent and Trademark Office released this report detailing how intellectual property affects industry in the United Sates. The report identifies which industries are the most IP intensive and identifies trends, geographic spreads, IP-related employment, etc. (Prepared by Economic and Statistics Administration and United States Patent & Trademark Office, March 2012)
The most important IRS regulations governing transfer pricing are found at 26 CFR 1.482. On August 1, 2006, the IRS issued final and proposed regulations amending this section with respect to Allocation of Income and Deductions from Intangibles.
Issued by the World Intellectual Property Organization
For an in-depth analysis of this case download the full text of Uniloc U.S.A. v. Microsoft Corp.
This is a guide to IP strategy (that IP created by students and university staff) for decision makers in the university environment. Its target market is senior management in higher education in the UK, though the utility of the research will benefit university Technology Transfer Officers in the U.S. and elsewhere. Laws and regulations that only affect universities in the U.S. are not addressed. The guide focuses on university policies and aligning those policies with the appropriate business model.
What is the FTC's perceived role in the exploding area of IP exploitation? This Guide of over 300 pages, published in March of 2011 by the U.S. Federal Trade Commission, details the FTC position that both the Patent System and Competition serve innovation, and innovation is a critical element for long-term, sustainable growth. The Guide champions competition as an equal partner, and expresses the oft heard concern, "Invalid or overbroad patents disrupt that balance by discouraging follow-on innovation, preventing competition, and raising prices through unnecessary licensing and litigation."
In October of 2010, Ian Hargreaves, a global thought leader in intellectual property matters, was appointed Chair of Digital Economy, based jointly in Cardiff School of Journalism, Media and Cultural Studies and Cardiff Business School. The following month, English Prime Minister Cameron commissioned Hargreaves to perform a review of the legal framework underlying intellectual property in the UK, fearing a risk that the current intellectual property framework might not be sufficiently well designed to promote innovation and growth in the UK economy. What has become known as the "Hargreaves Report" was published in May 2011. The detailed report answers the Prime Minister's question "...yes, we have found that the UK's intellectual property framework, especially with regard to copyright, is falling behind what is needed", and supplies alternative remedial strategies.
DMH Stallard, a law firm with offices in London and Gatwick, has commissioned a timely report (May 2011) on the "challenges faced by manufacturers over protecting data and intellectual property in the age of globalization," with an aim to develop recipes for leveraging IP to create long-term value. The Report results from in depth interviews of key executives from different parts of the manufacturing sector in the UK.
For more information, please email Randy Cochran, RandyC@BVResources.com or call (503) 213-3799.
1000 SW Broadway, Suite 1200
Portland, OR 97205
(503) 291-7963
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The IP Value Wire is a bi-weekly ezine and is considered a rising resource for timely news on IP valuation issues, with updates on key court decisions involving IP value, new research and much more!