I wrote previously at TechCrunch about patent valuation and the prices paid for large patent purchases such as the Nortel and Kodak acquisitions.  Today’s New York Times Deal Book article, With Smartphone Deals, Patents Become a New Asset Class, expands on this topic.

many factors… go into pricing patents. Timing, competitive forces, regulation and court rulings all have an effect…“  Patents are a volatile, spot market,” he said. “This is a market, but a market that is more like art than stocks or oil.”

As this article suggests, there is an absolutely huge opportunity for anyone who can figure out how to properly value patents on a large scale.  Who is working on it?