The IP Valuation Committee of the Licensing Executives Society International (LESI) was tasked with educating the members of the LES national societies on the best practices used in performing IP valuation analyses.

The World Health Organization (WHO) [1] lists breast cancer as the major cancer in women in both the developed and the developing world. They recommend early detection as the best strategy to improve breast cancer outcome and survival rates. Mammography is recommended for countries with good health infrastructure [2, 3] that can afford a long-term program such as that generally found in developed countries.

Globalization has generally been very profitable for most multinational corporations (MNCs). It has allowed MNCs access to foreign markets where more than 50% of their sales could be from the developing world. However, the other face of globalization are concerns about the future growth platforms in the wake of continuing global poverty, terrorism and general social unrest, which make the business environment very hostile in the poor countries.

In age-old tradition, the goals for most universities are teaching, research and service. These were more recently joined by the new missions of knowledge transfer and economic development. The genesis of this change in the United States can be traced to the Bayh-Dole Act of 1980, which allowed U.S. universities to own inventions made during publicly-funded research, and gave U.S. universities great latitude in exercising and commercializing resulting (IP) rights.

Part II provides an overview of aspects of importance for exploitation, with a focus on technology licensing in these jurisdictions.The primary objective of intellectual property protection should be commercial exploitation.

License Market with NPEs and DPAs: New Landscape of Technology Commercializationith an understanding in the economics and function of NPEs and DPAs, this section moves on to put them into the context of technology commercialization.

The need for all organisations to have robust Intellectual Property (IP) management systems in place is generally well understood. This is particularly true for organisations operating in environments such as defence and aerospace, which are characterised by high degrees of technological and organisational complexity as well as high degrees of reliance on access to existing IP and the generation of new IP within defence acquisition projects.

Virtually all publicly funded research institutions, whether universities or government laboratories, engage in technology transfer. Their official rationale, usually stated explicitly, is to benefit the society that funded their research-and-development (R&D) activities by enabling the resulting inventions to be converted into useful products and services.

A brief patent management benchmarking survey was conducted among the member of Licensing Executive members at San Diego during the LES National Meeting in October 2011. The objective of the survey was to better understand the practices that are common in patent processing. The questions included the following areas: time to file (relying on internal and external counsel for drafting), filing strategy, time experienced to have a patent granted, practical feasibility testing, and diligence pursued related to business impact before a patent is pursued.