IP Valuation at Research Institutes:An Essential Tool for Technology Transfer
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Protection phase
If the institute wishes to claim the technology as a service invention a patent application will usually be made. As the concept matures, the decision whether and with what strategy the technology should be protected is decided by the institute, ideally with the assistance of the research team. It could become necessary to protect the IP through moving on to further patenting phases (PCT, other patent jurisdictions). Not every invention will necessarily lead to further patent applications, and an IP valuation will provide information to make these decisions. As the PCT phase of protection involves increasing costs for the institute, only valuable technologies with potential will be considered.
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