Coming to Grips with Patents in High Technology Investments.
This paper discusses the economic relevance of patents to an early stage firm operating in a nascent technology field. The patent strategy assessment is performed from the perspective of this start-up. In doing so, this study aims to facilitate the task of undertaking a due diligence of the patents of an early-stage technology firm, while at the same time helping patent owners get a better grasp how to put their intellectual property to work. In doing so, the paper contributes to promoting active markets for patented technology.