What is the value of patent?

At present, it is generally believed that the value of patent should be comprehensively evaluated from the aspects of technology, law and market, so the value of patent also covers these attributes.

Economic value:

For enterprises, economic interests are the direct driving force for formulating strategies for obtaining and using patent rights, and economic values and interests are the realistic pursuit and ultimate goal of enterprises. The most direct expression of the total economic value of a patent is its "price". It can be reflected in the appreciation of the profits of its own products; It can also be reflected in the continuous license income it obtains from other enterprises; It can also be reflected in the one-time transfer income obtained after its transfer; It can also be reflected in the loan approved by the financial institution after the pledge and the pricing amount after the technology shareholding of a company. Even the infringement compensation obtained by suing competitors with this patent is one of the ways to reflect the economic value of this patent.

Technical value

Technology is one of the core competitiveness of enterprises, especially scientific and technological enterprises. The development from a small enterprise to a big country and society depends largely on the drive of technological innovation. The irreplaceable technical scheme, advanced technology, technical difficulty and technical complexity are important aspects to measure the technical value. But it is worth mentioning that in practice, not every technical scheme has practical application value. When there is a better alternative technology, the original technology will be easily eliminated or directly abandoned. Some patented technologies with advanced technology are difficult to implement due to the lack of supporting technologies, and do not have high technical value. However, some patented technology schemes seem simple, but they are easy to be widely used, so it is possible to obtain high technical value evaluation.

Market value

The market value of patent refers to the expected benefits that patent technology brings to enterprises in the process of commercialization, industrialization and marketization. Get the expected income in the market competition. Therefore, the higher the market value of a patent, the more expected benefits it can bring to enterprises. Market competition is the direct battlefield and main battlefield of competition among enterprises, and it is also one of the important ways and means of enterprise competition. Therefore, in a sense, patent competition in the market can be regarded as a powerful supporting means for enterprise market competition.

Strategic value

Strategy is a series of comprehensive and coordinated agreements and actions designed by enterprises to develop core competitiveness and gain competitive advantage. The strategic value of patent mainly refers to all the value created by enterprises for enterprises and stakeholders through the implementation of strategic management. Although the strategic value of patents is not directly reflected in the economic income of enterprises, it is mainly reflected in helping enterprises gain competitive advantages and indirectly create economic benefits.

Legal value

Patent right is a private right in the legal sense, and the legal value of patent is the basis of the existence and value of patent right, and the guarantee of patent technical value and market value. Therefore, the stability and protection of rights, the inevitability and certainty of infringement are important aspects to measure the legal value.

The ultimate realization of all the above patent values depends on the same premise-patents must have certain legal value. Even to a certain extent, the higher the legal value of a patent, the more conducive it is to the realization of its economic value, strategic value, market value and technical value.