The monetary benefits of a patent portfolio include a market monopoly position for the portfolio holder and revenue from licensing the intellectual property.
Ocean Tomo LLC, for example, maintains an index of corporations whose market value is governed in large part by their patent portfolio value.
The application estimates "the economic value of patents and development projects".
In many cases, it is too costly for the negotiating parties to assess the validity and value of each of the portfolio's individual patents.
Instead, parties will attempt to set a royalty that, over time, "converges on an objective probabilistic assessment of the portfolio's value.