Method and system for rating patents and other intangible assets

A high-speed method for automatically scoring or rating a predefined population of selected patents in a sequential series of newly issued patents published periodically by the PTO and for determining and storing certain rating or scoring information specific to each said selected patent in said sequential series, said method comprising:

• obtaining a substantial full-text copy of the specification and claims of each said selected patent in the sequential series in a computer text file format or other computer-accessible format;
• using a computer program to automatically access and read each said computer text file and to extract therefrom certain selected patent metrics representative of or describing particular corresponding characteristics of each said selected patent in the sequential series;
• inputting said extracted patent metrics into a computer regression algorithm, said algorithm being selected and adjusted to produce in response to said patent metrics a corresponding rating output or mathematical score that is generally predictive of a particular patent quality of interest and/or the probability of a particular future event occurring;
• and
• for each said selected patent in the sequential series storing the resulting algorithm output in a computer accessible storage device in association with other selected information identifying said selected patent.

An automated method for determining an estimated rating or ranking of an intellectual property asset to be rated, comprising:

• storing first objectively determinable characteristics of representative intellectual property assets and at least one objectively determinable quality corresponding to each of the representative intellectual property assets;
• constructing a computer regression model based on the first objectively determinable characteristics and the at least one objectively determinable quality corresponding to each of the representative intellectual property assets, said regression model being selected and adjusted to input said first objectively determinable characteristics corresponding to each of the representative intellectual property assets and to output in each case a corresponding mathematical rating or ranking that is generally predictive, according to a determined statistical accuracy, of said at least one objectively determinable quality corresponding to each of the representative intellectual property assets;
• analyzing the intellectual property asset to be rated to determine second objectively determinable characteristics of the intellectual property asset to be rated;
• and
• using said regression model to rate or rank said intellectual property asset to be rated by inputting said second objectively determinable characteristics into said regression model and causing said regression model to output a corresponding estimated rating or ranking.