The Value Score helps you (and your team) quickly assess how important or strategic an idea is to your business and how likely it is to get a patent.
Think of it like asking:
“If we could only file a few patents this quarter, should this idea make the cut?”
What Does the Value Score Represent?
Value can mean different things in different organizations. For some, it might be about product impact. For others, it could be about competitive advantage or licensing potential.
Here are a few common factors companies use:
- Strategic fit with product roadmap
- Revenue or market impact
- Value in blocking competitors
- Observability – will infringement be easy to detect?
- Cross-functional impact across business lines
- Breadth or potential to spawn multiple filings
To land on a score you need to calculate it.
Unless you are already using an internal idea scoring system, you could use our Idea Evaluation Matrix, which helps you score ideas on a 0–100 scale across six key factors namely – Value in Market, Core to Business, Commercialization Plans, Observability, Patentability Likelihood, Enforceability.
You can also easily customize it to fit your scoring criterion.
Who Should Enter the Value Score?
- Inventors or submitters can enter a first estimate.
- Managers or patent committees may review and adjust the score during evaluation.
| Remember: Every idea is valuable to its creator – but this score helps filter based on business priorities and budget constraints. |
How to Set Value Field in the TIP Tool™
- While adding or editing an idea, scroll to the “Value” field.
- Enter a number from 0 to 10 based on how important you believe the idea is or a score you calculated on matrix.
- You can revise the score later as more information becomes available.
When Does the Value Field Help?
- During quarterly IP planning
- When you have a limited filing budget
- For portfolio review and pruning
- When filtering for quick wins or high-impact patents
Related Resources
- Download: Idea Evaluation Matrix →
- Blog: How to Select High-Value Ideas for Patent Filing →