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Last update: Scholleová Hana doc. RNDr. Ing. Ph.D. (14.12.2020)
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Last update: Scholleová Hana doc. RNDr. Ing. Ph.D. (14.12.2020)
Upon successful completion of this course, students will be able to
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Last update: Scholleová Hana doc. RNDr. Ing. Ph.D. (14.12.2020)
PARR, R.L. Intellectual Property: Valuation, Exploitation, and Infringement Damages. 5th edition. John Wiley & Sons, 2018. ISBN 978-1119356219. BOGDAN, B., VILLIGER, R. Valuation in Life Sciences. A practical guide. Berlin: Springer, 2010. ISBN 978-3-642-10820-4. ORIANI, R., SOBRERO, M. Uncertainty and the market valuation of R&D within a real options logic. STRATEGIC MANAGEMENT JOURNAL, 2008. DAMODARAN, A. Damodaran on valuation: security analysis for investment and corporate finance. John Wiley & Sons, 2016. ISBN 9780470049372. BODE-GREUEL, K., et al. Determining the Value of Drug Development Candidates and Technology Platforms. Journal of Commercial Biotechnology, 2005. KELLOGG, D. et al. Real-Options Valuation for a Biotechnology Company. Financial Analysts Journal, 2000. |
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Last update: Scholleová Hana doc. RNDr. Ing. Ph.D. (14.12.2020)
1. Definition of the term intangible assets, their components, position in financial statements, tax aspects 2. Classification of intangible assets, specifics influencing the value 3. Reasons for intangible assets valuation as the determinant of the method choice and information base applied. 4. Financial, mathematical, and statistical bases of valuation methods. 5. Bases of intangible assets valuation - basic principles and suitability for use. 6. Search of industrial rights, database of sources. 7. Approaches and valuation methods. Multiplier method, reproduction. 8. Income methods. Method of licensing analogy, profit share, premiums (price, cost, profit). 9. NPV method and its parameters determination. Methods of the discount rate estimation. 10. Risk adjusted NPV. 11. Real option approach for intangible assets valuation. 12. Options, real options and option types expected and applied in the case of intangible assets - growth options and hold options. 13. Methods of real options valuation (Black-Scholes model, Binomial model etc.) and significant parameters affecting value. 14. Volatility as the essential parameter of value – methods of estimation, sources of information. |
Coursework assessment | |
Form | Significance |
Oral examination | 100 |