The duration for technical evaluations is primarily determined by the size of the corporate project, the complexity of the technical project, and the client's requirements. Generally, the evaluation process, including the delivery of a formal report to the client, is completed within 30-60 working days (excluding holidays) from the date of contract signing. For large or major technical evaluation projects, the process is completed within 90-180 working days (excluding holidays) from the date of contract signing. Clients with special time requirements may fall outside of these specified timelines.

What are the main criteria for patent valuation?

Executive Order No. 91 of the State Council - "Measures for Asset Valuation Management"

-- The Ministry of Finance issues the "Guidelines for Asset Valuation" and "Guidelines for Asset Valuation - Intangible Assets"

Office of State Assets Administration (OSAA) Order No. (92) 36 - "Implementation Regulations of the Asset Appraisal Management Measures"

May 7, 1996, the China Appraisal Association issued the "Opinions on the Operation Specification for Asset Appraisal."

Guidelines for Corporate Value Assessment

"Revised Company Law of the People's Republic of China"

"Revised Patent Law of the People's Republic of China"

"Reproductive Technology Law of the People's Republic of China"

National laws, regulations, and relevant opinions and provisions

-- Evaluate the various materials collected and researched

How is a patent valuation conducted?

(1) Present Value Method. A universally recognized asset valuation method adopted by the majority of patent valuation institutions in our country. This method involves estimating the reasonable expected earnings within the economic lifespan of a patent, under the condition of continuous business operation, and discounting them to their present value using an appropriate discount rate, thereby determining its value. The core elements are the duration of earnings, the amount of earnings, and the discount rate.

(2) Cost Method. When a patent technology is still in the early development stage, its outcomes are characterized by strong uncertainty, making it difficult to ascertain the economic benefits of the patent. The cost method is more suitable in such cases.