Work

Valuation of Intellectual Property: A Review of Approaches and Methods

Year: 2012

Type: article

Abstract: Intellectual property plays a crucial role in business performance and has become the central resource in almostall industries. This demands adequate methods for the valuation of IP. In valuation theory three basic approachescan be distinguished: cost approach, market approach and income approach. But these approaches can be appliedto IP only to a limited extent. In this treatise approaches and specific methods for intellectual property valuationare examined and its applicability is critically discussed with a special interest on technical IP. Conditions,weaknesses and frontiers are shown and practical advice is given where possible.

Source: International Journal of Business and Management

DOI: 10.5539/ijbm.v7n9p40

Author: Harald Wirtz

Institutions: TH Köln - University of Applied Sciences, Fraunhofer Institute for Technological Trend Analysis, Hochschule Fresenius

Language: English

Topic: Intellectual Property and Patents

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W2165437535

FWCI: 2.185

Cites: 27

Cited by: 25

Related to: 10