7. Estimation of risk or influence coefficients

The final value obtained by market valuation (or income valuation, as explained below) is weighted by risk coefficients linked to the various events that can alter this value.

Risks can be divided into four main categories.

• Legal risks : for example, those relating to validity, freedom to operate, geographical scope, scope of protection (classes of products and services for trademarks, categories of claims and limited or broad claims for patents), soundness of property rights over the asset (extent of a licensing agreement, validity of a chain of transfers of rights, assignment of an inventor's or co-author's rights), notoriety, dilution or degeneration for a trademark, enforceability of title (title issued or registered, ease of proving infringement) etc.

• Technical risks: these depend...