Valuation of patents and technologies has long relied on established methodologies such as the cost approach, market approach, and income approach. These frameworks are internationally recognized and provide robust mechanisms for determining asset worth. However, their effective application demands specialized expertise, financial acumen, and domain-specific knowledge, often making them inaccessible to inventors, early stage startups, and research institutions

The inherent complexity of these models requiring detailed financial projections, comparable market data, and future income assumptions creates a barrier to quick or self-assessed evaluation. As a result, while these methodologies remain indispensable for comprehensive valuation exercises, there exists a practical gap for innovators seeking a simpler, readiness-linked measure of value.

Every technology and patent, regardless of its field or maturity, intrinsically follows a Technology Readiness Level (TRL) progression. Yet, despite TRL being widely accepted as a measure of technical maturity, its direct correlation with economic value has not been clearly articulated in valuation practices.

The proposed TRL-based valuation framework bridges this gap. It integrates the principles of standard valuation methodologies while simplifying the process through measurable readiness and performance parameters. Designed to be practical, intuitive, and scalable, this approach enables inventors, research institutions, and policymakers to estimate indicative valuations without requiring deep financial or valuation expertise.

In essence, “Metrics That Matter” transforms the TRL concept from a technical assessment tool into an accessible economic indicator bringing valuation closer to the inventor, and empowering innovation through simplicity and standardization.