PATENT VALUATION

A patent provides the inventor with the right to produce, use or sell the inventive product for a certain period of time. Valuation is the appraisal and determination of the probable value of an asset at a certain date. There are many different reasons why patent valuation is necessary and beneficial for the business. These; In terms of accounting, it can be counted as obtaining a patent certificate, renewing it, transferring and purchasing the business, selling patents and providing resources. While determining the patent value, it is calculated in USD in order to be permanent in the national and international arena under today’s conditions.