Table 2

Variables for patent valuation

Order of criteriaInvestment information
1FUNDING BODY
2PURCHASE OF MATERIALS
3EXISTING FACILITIES
4PERSONNEL COSTS
Order of criteriaCash flow information
1VALUATION PERIOD
2SALES ESTIMATE
3CUMULATIVE GROWTH RATE
4PRODUCT PRICE
5ROYALTY RATE
Order of criteriaInformation for discount rate
1RISK-FREE RATE
2ASSET SENSITIVITY
3PORTFOLIO RETURN
4RISK ADJUSTMENT
5IPCA RATE

Source(s): Soares (2018) 

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