Professor analyzing decades of data to determine patent value; University of Kansas, 8/30/16

University of Kansas; Professor analyzing decades of data to determine patent value:

"For more than two centuries, patents have been considered a key governmental policy tool for economic innovation. And for just as long numerous assumptions have been made about what they mean to an innovation’s value, where the most important ones are litigated and numerous other questions. A University of Kansas law professor is part of a project that is providing definitive answers to these and other patent questions for policy makers through a unique, big-data approach.

Andrew Torrance, the Earl B. Schurtz Research Professor at the University of Kansas School of Law, and colleagues have developed an approach to analyze mountains of detailed U.S. patent data from 1976 to the present day. One application of their research, commissioned by Canada's Ministry of Innovation, has been a comprehensive analysis of how patents having either Canadian inventors or owners compare with those without such connections. One of their most striking findings is that patents listing at least one Canadian inventor are more than 15 percent more valuable, on average, than other patents."

If Patents Are So Valuable Why Does IBM's Intellectual Property Revenue Continue To Decline; Forbes, 1/19/16

Chuck Jones, Forbes; If Patents Are So Valuable Why Does IBM's Intellectual Property Revenue Continue To Decline:

"IBM was awarded 7,355 patents in 2015 which was the 23rd year in a row it has received the most patents. Over 2,000 of last year’s patents were related to cognitive computing and the company’s cloud platform. Over the 23 years IBM has received over 88,000 patents and I would estimate they have generated about $20 billion or more of IP (intellectual property) related revenue.

While the value of patents isn’t calculated just by the revenue they generate, it is interesting to see how IBM is doing with this financial line item. Between 2008 and 2012 IBM’s patent portfolio generated between $1.1 and $1.2 billion per year. It has fallen each year since then to $742 million in 2014 and could fall again in 2015 to under $700 million."