Edited by Jacob H. Rooksby
Chapter 8: Modern intellectual property valuation in the academic technology transfer setting
This Chapter explains the role of intellectual property valuation in the context of the modern academic technology transfer office. Historical valuation approaches, such as cost, income, and market value, are still important tools that guide valuation discussions for the variety of deal structures confronted by technology transfer offices (“TTOs”), which increasingly include sophisticated equity and royalty buyout considerations. As the role of TTOs continues to evolve, this Chapter suggests that universities will adopt a broader (i.e. non-monetary) view of the value provided by their TTO, such as: university and TTO brand recognition, faculty and student recruitment, economic development, entrepreneurial opportunities for students and faculty, in addition to the ultimate goal of improving the world with products created from cutting-edge academic research. Accordingly, this Chapter proposes that TTOs will increasingly adopt portfolio-based valuation thinking, allowing TTOs to align their deal-making practices to maximize the full value (both monetary and non-monetary) of their university’s intellectual property portfolio.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.