NIPC News Roundup - 30 Sept 2017
IP Valuation Article Hidden Value - A Study of the UK Valuation Market 30 Sep 2017 The announcement of the appointment of Metis Partners to market Barratts' intellectual property occurred a few days after the publication of Martin Brassell and Jackie Maguire's study of the British IP valuation industry. The study was commissioned by the IPO to help it understand why businesses do not value their IP rights more often. The authors do not address that question directly but rather preliminary questions on the size of the market and the scope for its expansion. It is an interesting and useful enquiry accompanied by an even more useful and interesting appendix on methodology. The report prompted my own thoughts on valuation and whether it is useful. While agreeing that it can be useful I point out that it is not fully developed and that there is a lot of muddled thinking as to how IP works, I can understand businesses' reluctance to use it. However, that should change...