Technical progress: If it is found in the evaluation process that the technical field covered by the patent has experienced significant technical progress, then the patent may be of high value. The emergence of new technologies may improve the innovation and market potential of patents.
Market demand: The value of patent may increase or decrease with the change of market demand. If the technical field covered by the patent becomes more popular or has commercial potential, the value of the patent may increase. On the contrary, if the market demand drops or alternative technologies appear, the value of patents may decrease.
Legal changes: The value of patent evaluation may also be affected by legal changes. For example, if the relevant laws or regulations change, it may have an impact on the validity of the patent, the risk of infringement or the commercialization prospect of the patent.
Citation and citation: the citation and citation of a patent by other patents or technical documents will also have an impact on its value. If a patent is widely cited, it may mean its importance and influence in related fields, thus increasing its value.
Commercialization efforts and market performance: the commercialization efforts and market performance of patents will also have an impact on their value. If the patent is successfully commercialized and performs well in the market, its value may increase. On the contrary, if the commercialization efforts of patents are unsuccessful or the market performance is poor, their value may be reduced.
Competition: The activities and technological development of relevant competitors need to be considered in the evaluation. If competitors make breakthrough technological progress in the same field, it may have a negative impact on the value of patents.
These factors are just some common reasons for evaluating the increase or decrease of patent value, and the actual situation may be more complicated. Patent evaluation should comprehensively consider multiple factors and make analysis and judgment according to specific conditions. The best way is to seek the help of professional intellectual property evaluation institutions or patent agencies to obtain accurate and reliable evaluation results. Please find a favorable evaluation for consultation on evaluation-related issues.