Some Basics Before Moving On… The World Intellectual Property Organization (WIPO) has laid out some basics when it comes to putting a value on IP. So I am just going to quote a few of those from their web site here for the purpose of education. First off, an IP must have exclusivity. WIPO says: “The value of an IP asset essentially comes from the right the owner of that asset has to exclude competitors from using it. For an IP asset to have a quantifiable value it should: generate a measurable amount of economic benefits to its owner/user; and enhance the value of other assets with which it is…