The Toolip calculation engine was originally designed as an adaptation of the IPScore® method distributed by the European Patent Office. Its algorithm defines a discounted cash flow revenue model throughout the lifespan of your project and calculates the net present value of your patent. However, Toolip’s proprietary method improves upon any existing valuation product on the market by incorporating the effects of risk and opportunities on the final net present value, considering longer valuation periods (up to 15 years of the patent’s lifespan) or establishing an effective royalty rate calculation model for license negotiations. Additionally, Toolip’s interface is extremely easy to use, even for beginners, allowing users to quickly learn and understand the market implications of their patent portfolios. In this regard, Toolip aims to become the “gold standard” for patent valuation and technology licensing, defining a common business framework for professionals.
But Toolip is much more than just valuation. Its exclusive calculation engine for generating technical reports provides a comprehensive analysis of your valuation results. Toolip can generate reports on both the qualitative and quantitative aspects of your patent projects, providing charts and textual explanations of the obtained results. This way, the user receives all valuation data in a fully completed product, ready to be used as a tool for internal strategy or to be shared with partners or clients. Toolip reports can be generated in any relevant electronic format (pdf, html, doc, odt, rtf…) as fixed text or as an editable file. This allows you to tailor any report to your own requirements and needs. Additionally, Toolip enables users to store their projects in private databases, keeping all data related to each valuation and allowing modifications to any relevant parameter throughout the lifespan of their patents, considering any changes and calculating the associated impact on the final valuation results.
