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Intellectual Property and Assessing Its Financial Value
infringement. To prove infringement, the assignee must establish that
the accused infringer practices all the requirements of at least one of the
claims of the patent.
Nevertheless, the vast majority of patent rights are not determined
through litigation, but resolved privately through patent licensing. Patent
licensing agreements are effectively contracts in which the patent owner
(the licensor) agrees to forgo its right to sue the licensee for infringement
of the licensor’s patent rights, usually in return for a royalty or other
compensation. It is common for companies engaged in complex ...