Patent Assets Rapid Evaluation Model based on Market Approach

Junjie Jiang

School of Management, Shanghai University, Shanghai, 200444, China

Abstract: The OECD estimated that knowledge-based industries in its member countries accounted for nearly half of GDP in 2015, and the share is still rising. The patent assets owned by technology-intensive enterprises in China, as their core value, have also expanded rapidly, and the number of patent applications has increased rapidly. The decision-makers of these enterprises shall regularly check and assess the large amount of patent assets they own, and on the basis of which make decisions on such matters as patent utilization, operation and corporate finance so as to maintain their competitiveness. Under this circumstance, it is a more economical and intuitive choice for the enterprise to assess its own patent level and value by using the existing patent da-tabase, extracting the legal, technical quality, economic indicators and relevant market data on patents and importing the patent data into the rapid assessment model to realize asset assessment.

Keywords: Patent; Value; Market; Appraisal