Valuation of Intellectual Property: A Review of Approaches and Methods

Harald Wirtz

Abstract


Intellectual property plays a crucial role in business performance and has become the central resource in almost
all industries. This demands adequate methods for the valuation of IP. In valuation theory three basic approaches
can be distinguished: cost approach, market approach and income approach. But these approaches can be applied
to IP only to a limited extent. In this treatise approaches and specific methods for intellectual property valuation
are 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.


Full Text: PDF DOI: 10.5539/ijbm.v7n9p40

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.