For the research institutions, valuation of IPR is primarily relevant in connection with the use of IPR as a capital investment in limited companies.

As well as/or in connection with the drawing up of license agreements, transfer agreements or so-called §9 agreements giving a party access to future inventions in collaborative efforts.

Basically, the valuation of IPR involves estimating the current value of (the probability of) future gains, and the expenses connected with ownership of the IPR in question.

Once exclusive rights have been granted for a given technology, that technology cannot be used as a basis for collaboration with other parties - for instance as background knowledge in an EU project.

The valuation of IPR should reflect the above considerations.