Theoretical justification and practical application of approaches and methods of evaluation of intangible assets and objects of intellectual property authorities

Abstract

The concept of intellectual assets and the market of intellectual assets is studied, cost, comparative and profitable approaches to estimating the value of intellectual assets are identified and methods of calculation such as direct recovery, substitution, actual costs, reduced costs, sales comparison, direct capitalization, cash discounting flows, excess profits, royalties, exemptions from royalties. The relationship between the phases of the life cycle and methods of valuation of intellectual assets is determined. The instruction of the expert on management of intellectual assets is developed.