William J. Murphy & John L. Orcutt 
Patent Valuation 
Improving Decision Making through Analysis

A practical resource for valuing patents that is accessible to
the complete spectrum of decision makers in the patent process

In today’s economy, patents tend to be the most important of the
intellectual property (IP) assets. It is often the ability to
create, manage, defend, and extract value from patents that can
distinguish competitive success and significant wealth creation
from competitive failure and economic waste. Patent
Valuation enhances the utility and value of patents by
providing IP managers, IP creators, attorneys, and government
officials with a useable resource that allows them to use actual or
implied valuations when making patent-related decisions.

* Involves a combination of techniques for describing patent
valuation

* Includes descriptions of various topics, illustrative cases,
step-by-step valuation techniques, user-friendly procedures and
checklists, and examples

* Serves as a useable resource that allows IP managers to use
actual or implied valuations when making patent-related
decisions

One of the most fundamental premises of the book is that these
valuation skills can be made accessible to each of the various
decision makers in the patent process. Patent Valuation
involves narrative descriptions of the various topics, illustrative
cases, step-by-step valuation techniques, user-friendly procedures
and checklists, and an abundance of examples to demonstrate the
more complex concepts.

About the author

WILLIAM J. MURPHY is a Professor of Law and Chair of the Commerce and Technology Law Graduate Program at the University of New Hampshire School of Law (formerly the Franklin Pierce Law Center), one of the top schools of intellectual property in the country. Murphy cofounded UNH Law’s Intellectual Property Valuation Institute and currently serves as its director. He is the author of R&D Cooperation among Marketplace Competitors. Murphy earned a JD degree from Pennsylvania State University’s Dickinson School of Law, and he holds master and doctorate degrees from Harvard Business School.

JOHN L. ORCUTT is the Associate Dean for Faculty Research and a Professor of Law at the University of New Hampshire School of Law. Orcutt cofounded UNH Law’s Intellectual Property Valuation Institute and its International Technology Transfer Institute. Orcutt is the author of Shaping China’s Innovation Future: University Technology Transfer in Transition. Before coming to UNH Law, Orcutt worked as a Silicon Valley investment banker and a capi-tal markets attorney. Orcutt earned a JD degree from the University of California, Berkeley.

PAUL C. REMUS is a shareholder of the law firm of Devine, Millimet & Branch, P.A., in Manchester, New Hampshire. Remus concentrates his intellectual property practice in prosecuting patent applications, drafting noninfringement opinions, and licensing technology. He also mediates disputes involving intellectual property and is on the U.S. District Court Mediation Panel List. Remus also represents both companies and venture capitalists in private placements and other financing involving intellectual property. Remus earned a JD degree from the University of Michigan.