When setting a value for our technology is important to evaluate the effective protection we have for our final product.
The claims, that define what we are protecting should cover perfectly the product we are developing.
The submission of a patent application does not ensure an immediate protection for our invention. During the patent prosecution process, we have to defend the patentability of our invention before each patent office, and we may change the content of the initial application, often limiting the scope of protection.
The understanding of the real protection of our patent and whether our technology is or is not protected is essential for both internal company strategy and to defend our project before a potential investor or licensor.