Law360, New York (January 29, 2010, 2:21 PM EST) -- Understanding the basis of value of a patent or patent application is different from quantifying the value of a given patent. Quantifying patent value is notoriously difficult. But understanding why patents have value, and why so many have little or no value, is not only possible, it is critical.
This article discusses various reasons that patents may fail and commends teaching and learning about patents in a way that integrates the perspective of value right from the start.
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