The Patent Board was founded in 1968 as a consultancy specializing in the development of scientific research indicators and analysis. As patent data became more available, The Patent Board extended its tools and analytics to the analysis of intellectual property. Patent Board is the leading independent provider of best practices research, tools and metrics for patent analysis and intellectual property investment. The Patent Board tracks and analyzes innovation, movement, and the business value of patent assets across all industries.
In the United States patents and related intellectual property assets are estimated to amount to well in excess of $1 trillion in value. With such a large amount of value linked to intangible assets, companies face internal and external pressure to accurately measure the worth of individual patents and patent portfolios. Patent analytics are used to inform decision makers regarding R&D, strategic investment, marketing, and M&A decisions.
The Patent Board has decades of expertise and a deep pool of knowledge in the areas of intellectual property and scientific research analytics, with the founder being a pioneer in the field of bibliometrics. The Patent Board leadership is advancing the value of patent analytics to inform IP decision makers and help define the value determination methodology of this critical asset class.
Entities relying on the Patent Board’s value determination methods and analytics include major corporations, non-profits, investment banks, private equity firms, public sector organizations, and equity trading funds.