Technical valuation / Patent valuation
- Technical valuation
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“Technology valuation means using the generally acknowledged valuation principles and the methodologies of the technology market to assess the economic value created by technology through commercialization.”
「Act on the Transfer of Technology and Promotion of Commercialization」 Article 2
Through technology valuation
Translate the value of technology and I.P into their monetary value.
- TransferㆍTransactions
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- Technology trading
- Licensing pricing
- Finance
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- Establish security to the of the technology
- Investment attraction
- In-kind contribution
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- In-kind contribution of technical or I.P rights
- Strategy
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- Increase value & commercialize technology
- Spin-off
- Long-term management planning strategy
- Clearing
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- Asset valuation due to corporate bankruptcy or restructuring
- Establishing a debt repayment plan
- Litigation
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- I.P infringement
- Defaults
- I.P related litigations
- Taxation
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- Tax reducing plan or recovery for cost on R&D
- Tax payment
- Others
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- Exclusive technology listing
Patent evaluation
- Evaluation Index
- Patents are evaluated on the basis of the categorized evaluation indexes of rights, technicality, and usability. Each main evaluation category is subdivided into 2~3 subclass indexes for segmentation and provides evaluated scores.
| Main category | Subclass category | Points |
|---|---|---|
| Right(40) | Range of the rights | 20 |
| Faithfulness of the rights | 20 | |
| Patent stability | -20 | |
| Technicality(20) | Adherence to technology trends | 5 |
| Technology lifetime | 10 | |
| Authenticity & leading nature of the technology | 5 | |
| Usability(40) | Possibility of commercialization | 20 |
| Possibility to exercise the rights | 20 |
- Field of Activity
- Classification
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Patent evaluations are generated using evaluation models and are graded according to classification criteria. The rating is divided into 9 grades from the highest AAA to C, the lowest grade. The evaluation level is based on the relative evaluation of the five WIPO technical categories, a rating is assigned based on the stanine 9 rating system used in state-authorized tests.
※ WIPO 5 technology classification: The technical classification established by the World I.P Organization (WIPO) that classifies technologies into 5 major categories; (Electrical / Electronics / IT, machines, Physics / Materials, Chemical, Biotechnology).
Rating criteria
| Rate | AAA | AA | A | BBB | BB | B | CCC | CC | C |
|---|---|---|---|---|---|---|---|---|---|
| Percentage (%) |
4% | 7% | 12% | 17% | 20% | 17% | 12% | 7% | 4% |
| Cumulative rate(%) |
4% | 11% | 23% | 40% | 60% | 77% | 89% | 96% | 100% |
Source : 