How much is Your Patent Worth?

This is a question that keeps not only prospective inventors, but also previously successful companies busy. Whilst the evaluation and thus the determination of monetary values is established already in the area of trademarks, brands and logos, and can be taken from periodic trademark rankings, the matter looks comparatively gloomy in the case of inventions. Currently, it is in many cases still just corporeal property that has a value. This represents a problem for young inventors in particular, when it comes to setting up capital for the implementation of their ideas. In future, banks should also be able to rate and estimate intellectual property. In this respect, the Patent Office will be able to provide its know-how in an even better way in future.

You want to know, whether it is worth investing in a specific invention? The IPscore programme by the European Patent Office provides you with important criteria for this purpose. The Austrian Patent Office supports you in the use of the IPscore programme, using which the legal status, the technology, financial issues, market conditions and the strategy can be queried and appraised. On the basis of your replies to a list of questions, IPscore determines the opportunities and risks of an innovation. It shows clearly where the technology to be evaluated has its strengths and its weaknesses. And in addition (depending on the grade of your economic input parameters), it even determines the potential capital value of your innovation. In any case, a first step to an upvaluation of intellectual property in front of potential financiers was achieved in this way.