Cavaller, V; Aubertin, C Useful Life (RUL) in the Valuation of Intangible Assets PROCEEDINGS OF THE 5TH INTERNATIONAL CONFERENCE ON INTELLECTUAL CAPITAL AND KNOWLEDGE MANAGEMENT & ORGANISATIONAL LEARNING: 87-95 2008
Eugene Garfield
garfield at CODEX.CIS.UPENN.EDU
Thu Jan 22 12:22:12 EST 2009
Email Address: vcavalleruoc.edu
Author(s): Cavaller, V (Cavaller, Victor); Aubertin, C (Aubertin,
Clotilde)
Editors: OSullivan, K
Title: Elements of Scientometrics and Patent Bibliometric-Analysis for the
Estimated Remaining Useful Life (RUL) in the Valuation of Intangible
Assets
Source: PROCEEDINGS OF THE 5TH INTERNATIONAL CONFERENCE ON INTELLECTUAL
CAPITAL AND KNOWLEDGE MANAGEMENT & ORGANISATIONAL LEARNING: 87-95 2008
Language: English
Document Type: Proceedings Paper
Conference Title: 5th International Conference on Intellectual Capital and
Knowledge Management and Organisational Learning
Conference Date: OCT 09-10, 2008
Conference Location: New York, NY
Conference Sponsors: ACL.; Hong Kong Polytech Univ.
Conference Host: New York Inst Technol
Author Keywords: Intangible Assets; Life Cycle Of Technology; Remaining
Useful Life (RUL); Scientometrics; Patent Bibliometrics
Abstract: When a company understands that it must innovate, the next
question is determining where it is best to innovate. This "where" in
technology innovation management, is strictly related to the Remaining
Useful Life (RUL). The RUL concept is defined as the time remaining until
the reliability drops below a defined minimal operating threshold.
The RUL analysis of certain intangible assets (patents and know-how
license agreements, industrial designs, trademarks, logos, customer base)
is carried out through different methodologies and a variety of different
approaches.
The key subject in all these methodologies is the life cycle of the
technology. The analyst tries to approach the foresight of the life cycle
of technology to establish its value in use. Different life measuring
systems are considered in RUL analysis depending on the different
typologies of,technology life: statutory, contract, judicial, economic and
functional.
The purpose of this paper is to emphasize how the technology life cycle is
influenced by changes not only in technology but also in scientific
research evolution. Scientific research life analysis must examine the
historical emergence or decay of a certain intellectual interest in the
scientific community through the study of what is and what is not
published in scientific journals.
Data used in life cycle estimation may be used in RUL analysis. Typically,
this data includes scientific articles, registration documents (patent
applications, trademarks and copyright applications), commercial
contracts, judicial orders, financial statements and technology data.
The analysis of the life cycle allows incorporating qualitative
considerations (legal, contractual, physical, technical know-how,
functional, economic) related to the conduct of future technologies. But
technology development is conditioned by trends in scientific research and
by the changes in the marketing dynamics of today and in the future.
Quantitative analysis of scientific production, applications for patents,
industrial designs and trademarks, developed in scientometrics and
bibliometrics, provide us with an unbiased guide to R&D and business
trends.
This article aims to emphasize the importance of combining scientometrics
and patent bibliometrics useful for calculating the "Remaining Useful
Life" (RUL) for evaluating the value of intangible assets.
Addresses: [Cavaller, Victor] UOC, Barcelona, Spain
Cited Reference Count: 19
Times Cited: 0
Publisher: ACADEMIC CONFERENCES LTD
Publisher Address: CURTIS FARM, KIDMORE END, NR READING, RG4 9AY, ENGLAND
ISBN: 978-1-906638-16-0
Source Item Page Count: 9
ISI Document Delivery No.: BIM99
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