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Edgar Baum
Founder
Avasta
Edgar Baum founded Avasta, which combines proprietary market intelligence, strategic valuation, and due diligence to inform CEOs, boards, and CFOs on the materiality of their IP in driving revenue, cash flow, and corporate value. He’s worked with the majority of the 10 largest private equity firms and with numerous publicly listed companies. He has been an expert witness to the courts on materiality of intellectual property in commercial transactions since 2012. He is a co-author of the American Intellectual Capital in the Boardroom Standard and other standards on valuation and financial measurement of Intellectual Property.
Recent Articles by Edgar Baum
From Boring to Brilliant: How Reimagining USPTO Fee Structure Is Central to U.S. Economic Security
Howard Lutnick has been universally criticized by industry for his reported proposal to tax patent values and revenue share with universities. Howard Lutnick is absolutely right about the problem. Here’s why. The patent system was designed for individual inventors. Thomas Edison, the Wright brothers—these were lone entrepreneurs securing temporary monopoly rights in exchange for disclosing their inventions to the public. But sometime after World War II, corporations and universities completed a quiet takeover of the patent office. Today’s patent landscape is dominated by patent oligarchs: systematic corporate R&D programs filing thousands of applications annually, not individuals pursuing personal innovation.