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Development of tools for assessing the value of complex objects of intellectual property rights


Gadzhiabakarov Sh.Sh.
(about the author)

Gadzhiabakarov Sh.Sh. – (The Financial University under the Government of the Russian Federation)

Published in:
Creative Economy
– Volume 12, Number 11 (November 2018)

JEL classification: G12, G30, G32

Keywords: commercialization, complex objects of intellectual property rights, intellectual property, intellectual property rights, rights to intellectual property, valuation, value management


Citation:
Gadzhiabakarov Sh.Sh. (2018). Development of tools for assessing the value of complex objects of intellectual property rights. Creative Economy, 12(11), 1855-1864. doi: 10.18334/ce.12.11.39566


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Abstract:

The modern world economy is characterized by the change of traditional economic formations. The most important mechanism in this process is innovative development, the basic element of which is the development of the intellectual property market. The process of effective use of in-tellectual property and its commercialization cannot be imagined without proper management of the value of intellectual property. The greatest difficulty in this case is the assessment of the cost of complex objects of intellectual property rights, which include several protected rights to the results of intellectual activity, because in calculating the value of such objects it is necessary to take into account all the uncertainties associated with the rights to the results of intellectual activ-ity included in the complex object. At the moment, both in theory and in practice, there is no universal approach to determining the value of complex objects of intellectual property rights, which determines the need to develop existing tools for assessing the value of intellectual prop-erty rights for such objects.


Highlights:

1. A complex object of intellectual property rights is a new, independent work that combines the forms of other objects of exclusive rights.
2. The structural feature of complex objects of intellectual property rights determines the presence of not only intellectual property rights to a complex object as a whole, but also intellectual property rights to each object, which is an integral part of a complex object.
3. There are two types of relations between the subjects of intellectual property rights to a complex object: horizontal and vertical.
4. At the moment, demand and supply for intellectual property objects depend on the saturation of the market with such objects.








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