How Do You Value a Patent in Australia?
I'm exploring the process of valuing a patent in Australia and was wondering what methods or frameworks are commonly used. Are there specific legal or market-based approaches unique to Australian regulations? How do factors like market potential, commercialization, and the 'Raising the Bar' Act of 2012 impact the valuation process? I’m particularly interested in hearing from anyone who has gone through a patent valuation for legal, financial, or tax purposes in Australia. What should I consider to get an accurate valuation?
Any advice or experiences to share?
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2 comments
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Patents = a challenge to circumnavigate. Nobody likes paying absurd license fees and we a small country if it's gonna be too difficult it'll get left as dead tech. There's plenty of examples of good tech that is killed by Patents restricting their market because manufacturers/suppliers don't wanna pay the fee.
Also you have a lot of questions in the last 3 months related to startups, patenting and funding. I'm assuming your an early game builder on some product or service and you think it'll make a buck. Sure protect your ip, but you'll make easier money in aus just offering the product/service better than competitors and keeping your IP hidden and secret. Soon as you patent you set the terms and conditions of the game, and the game is to produce whatever you've patented in a way that doesn't infringe and bypasses your fees.
In the end the lawyers are the big ticket winners.