Introduction: IP valuation is a crucial step in understanding the value of your intellectual property (IP) rights, such as patents and property rights, and making strategic decisions for your business. There are different methods of IP valuation, each with its own advantages and disadvantages.

The DIN Institute's standard 77006 "Intellectual Property Management Systems - Requirements" offers specific recommendations for ensuring quality in IP management systems. It provides important assistance, as digitalisation is bringing intellectual property into the focus of many business models. The standard is primarily aimed at