Intellectual property (patents, copyrights, trademarks and trade secrets) are
a subset of general intangible assets. Intellectual property litigation
(including tort, contract breach and other) is becoming increasingly common.
Such litigation claims typically involve the forensic analysis of owner/operator
lost profits or some other measure of economic damages. The generally accepted
intellectual property economic damages methods are typically influenced by
statutory authority or judicial precedent. This discussion summarizes the
generally accepted economic damages methods for different types of intellectual
property and for different types of litigation claims. In addition, this
discussion provides guidelines for intellectual property economic damages expert
report writing and expert witness testimony.
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