Intangible asset can be associated with a value used as a basis for price negotiation.Hence, value is not equal to price. Universally, there are three basis for valuation:
- Cost method
- Market method
- Income method
Malaysia recognizes the importance of IP valuation. MyIPO has set up an initiative in 2013 to explore ways to facilitate IP valuation Malaysia. Consequently, MyIPO sponsored a number of people to learn IP valuation. We were part of the pioneers that participated in the initiative and obtained certification in IP valuation.
We assisted a number of organizations to determine fair market value of their IP before commercialization negotiations.