Key Points for Patent Valuation

The main key points for Patent Valuation is the value of a patent is determined by the strength and uniqueness of its claims, as well as by the quality and quantity of prior art that exists for it. If a patent has been previously issued, it will have an inherent value based on the novelty and nonobviousness of its claims. If a patent has not been previously issued, it may still have value if it can be shown to be novel and nonobvious over the prior art.