Jack Lu

Intellectual Property Market Advisory Partners(IPMAP), LLC

Partner and Chief Economist

13785 Research Blvd,

Suite 125

Austin, TX 78750

United States

http://www.ipmapllc.com

SCHOLARLY PAPERS

24

DOWNLOADS
Rank 10,948

SSRN RANKINGS

Top 10,948

in Total Papers Downloads

5,576

SSRN CITATIONS
Rank 34,361

SSRN RANKINGS

Top 34,361

in Total Papers Citations

6

CROSSREF CITATIONS

18

Ideas:
“  One of my current projects is to examine patent valuations by patent price, royalty rate, and damage award across the markets of patent transaction, licensing, and litigation.  ”

Scholarly Papers (24)

1.

Profitability and Royalty Rates Across Industries: Some Preliminary Evidence

KPMG Global Valuation Institute, November, 2012
Number of pages: 24 Posted: 10 Mar 2009 Last Revised: 20 Feb 2013
Jonathan E. Kemmerer and Jack Lu
Independent and Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 1,640 (13,530)
Citation 7

Abstract:

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royalty rate, profitability, the 25% rule, regression analysis, linear relationship, industry, royalty negotiation, profit margin

2.

Cluster and Discriminant Analysis on Time-Series as a Research Tool

INEQUALITY AND INDUSTRIAL CHANGE: A GLOBAL VIEW, Chapter 16, James K. Galbraith and Maureen Berner, eds., Cambridge University Press, 2001
Number of pages: 16 Posted: 12 Jun 2000 Last Revised: 25 Apr 2011
James K. Galbraith and Jack Lu
University of Texas at Austin - Lyndon B. Johnson School of Public Affairs and Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 1,172 (22,607)
Citation 2

Abstract:

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cluster, discriminant, time-series

3.

Inequality and Financial Crises: Some Early Findings

INEQUALITY AND INDUSTRIAL CHANGE: A GLOBAL VIEW, Chapter 9, James K. Galbraith and Maureen Berner, eds., Cambridge University Press, 2001
Number of pages: 13 Posted: 14 Jun 2000 Last Revised: 25 Apr 2011
James K. Galbraith and Jack Lu
University of Texas at Austin - Lyndon B. Johnson School of Public Affairs and Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 524 (67,449)
Citation 11

Abstract:

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4.

Royalty Rate and Industry Structure: Some Cross-Industry Evidence

Number of pages: 14 Posted: 12 Aug 2009
Stephen Becker and Jack Lu
Applied Economics Consulting Group, Inc. and Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 437 (84,067)
Citation 2

Abstract:

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Royalty rate, market structure, market performance, market power, markup, barriers to entry, regression analysis, cluster analysis

5.

Measuring the Evolution of Inequality in the Global Economy

INEQUALITY AND INDUSTRIAL CHANGE: A GLOBAL VIEW, Chapter 8, James K. Galbraith and Maureen Berner, eds., Cambridge University Press, 2001
Number of pages: 15 Posted: 14 Jun 2000 Last Revised: 25 Apr 2011
University of Texas at Austin - Lyndon B. Johnson School of Public Affairs, Intellectual Property Market Advisory Partners(IPMAP), LLC and University of North Carolina (UNC) at Chapel Hill - Department of Economics
Downloads 387 (96,832)
Citation 7

Abstract:

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6.

Sustainable Development and the Open-Door Policy in China

Council on Foreign Relations Press, 2000
Number of pages: 44 Posted: 25 Apr 2011 Last Revised: 02 Dec 2014
James K. Galbraith and Jack Lu
University of Texas at Austin - Lyndon B. Johnson School of Public Affairs and Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 298 (129,153)
Citation 1

Abstract:

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7.

The Economics and Controversies of Nonpracticing Entities (NPEs): How NPEs and Defensive Patent Aggregators Will Change License Market

Les Nouvelles, the Journal of The Licensing Executives Society International, March and June 2012.
Number of pages: 23 Posted: 01 Oct 2011 Last Revised: 25 May 2014
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 297 (129,623)

Abstract:

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Nonpracticing entity or NPE, defensive patent aggregators or DPA, license market, patent troll, holdup, patent thickets, specialization, technology commercialization

8.

The Impact of Regulatory Intervention in Stock Options Backdating Disclosures

Number of pages: 17 Posted: 08 Mar 2007
Stephen Becker and Jack Lu
Applied Economics Consulting Group, Inc. and Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 235 (164,109)
Citation 5

Abstract:

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Options backdating, announcements, event study, regulatory intervention

9.

The Myths and Facts of Patent Troll and Excessive Payment: Have Non-Practicing Entities (NPEs) Been Overcompensated?

Business Economics, Vol. 47, No. 4, October 2012
Number of pages: 16 Posted: 01 Oct 2011 Last Revised: 23 Sep 2015
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 203 (188,369)

Abstract:

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Non-practicing entity or NPE, holdup, overcompensation, royalty rates, patent damages, license, regression analysis

10.

Patent Portfolio Valuation as Reflected by Market Transactions: Market Dynamics and the Impact of AIA and Alice

Licensing Economics Review, September 2015
Number of pages: 5 Posted: 23 May 2015 Last Revised: 24 Sep 2015
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 131 (272,191)

Abstract:

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Patent market, transaction price, per patent price, patent portfolio valuation, market dynamics, NPE, Alice, AIA

11.

Decompose and Adjust Patent Sales Prices for Patent Portfolio Valuation

Les Nouvelles, March 2013, Licensing Economics Review, December 2012.
Number of pages: 9 Posted: 15 Jan 2013 Last Revised: 30 Jan 2014
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 101 (327,198)

Abstract:

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Patent sales prices, patent portfolio valuation, NPE, patent bubble, strategic premium, industry premium, per patent price, benchmark price, adjusted price, stock market

12.

Patent Valuations across Markets - Patent Price, Royalty Rate, and Damage Award, Part I: Patent Valuations Across Transaction and Licensing Markets

Bloomberg Law, 2020
Number of pages: 8 Posted: 04 Sep 2020
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 58 (448,495)

Abstract:

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patent valuation, patent price, royalty rate, patent transaction market, licensing market

13.

An Augmented Market Approach to Patent Portfolio Valuation

Intellectual Asset Management, Issue 79, September/October 2016
Number of pages: 5 Posted: 24 May 2017 Last Revised: 11 Dec 2017
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 49 (483,445)

Abstract:

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Market Approach, Relative Valuation, Patent Market, Transaction Price, Comparable Transactions, Econometric Valuation Model, Patent Portfolio Valuation, Augmented Market Approach, Market Dynamics

14.

Patent Valuations across Markets - Patent Price, Royalty Rate, and Damage Award, Part II: Can Big Damages Awards Affect Patent Valuation Dynamics?

Law360 Expert Analysis, 2020
Number of pages: 9 Posted: 04 Sep 2020
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 39 (528,615)

Abstract:

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patent valuation, patent price, royalty rate, patent damage award, patent transaction market, licensing market, litigation market

15.

Assessing The Cost, Legal Fallout Of Capital One Data Breach

Law360 Expert Analysis
Posted: 21 Aug 2019 Last Revised: 18 Aug 2020
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC
Downloads 5 (756,903)
Citation 3

Abstract:

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Capital One data breach, cost, event study, total cost, direct cost, indirect cost, litigation, regulatory enforcement, fines, penalties, class actions

16.

LES High Tech Deal Term and Royalty Surveys: Descriptive Statistics and Analysis of the Financial Terms (2008 to 2017)

LES High Tech Sector Royalty Rates & Deal Terms Survey Report 2017, Licensing Executives Society USA Canada, March 2019
Posted: 02 Apr 2019
Jack Lu and Manta Zhang
Intellectual Property Market Advisory Partners(IPMAP), LLC and Independent

Abstract:

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High tech, royalty survey, the average royalty rate, median royalty rate, license term, running royalty rate, lump sum payment, patent sales

17.

Three Surveys, A Decade Journey: IPR Tax, Alice Shock, and the Dynamics of Licensing Market as Reflected by LES High Tech Royalty Surveys

LES High Tech Sector Royalty Rates & Deal Terms Survey Report 2017, Licensing Executives Society USA Canada, March 2019
Posted: 02 Apr 2019
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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high tech, royalty survey, running royalty rate, lump sum payment, royalty premium, royalty discount, dummy variable regression, NPEs, patent market, IPR, PTAB, AIA, Alice, Supreme Court rulings

18.

Chapter 4: Financial Terms: Descriptive Statistics and Analysis

2014 High Tech Deal Term & Royalty Rate Survey Report, Licensing Executives Society (USA and Canada).
Posted: 15 Nov 2015
Jack Lu and Manta Zhang
Intellectual Property Market Advisory Partners(IPMAP), LLC and Independent

Abstract:

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High tech, royalty survey, the average royalty rate, median royalty rate, license term, running royalty rate, lump sum payment, patent sales.

19.

Chapter 5: Economic and Econometric Analysis on Key Issues Raised in the 2011 and 2014 Surveys

2014 High Tech Deal Term & Royalty Rate Survey Report, Licensing Executives Society (USA and Canada).
Posted: 15 Nov 2015
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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high tech, royalty survey, running royalty rate, lump sum payment, royalty premium, royalty discount, dummy variable regression, NPE, patent market.

20.

High Technology Royalty Survey Financial Terms: Descriptive Statistics and Analysis

Chapter 5, 2011 High Technology Sector Deal Term & Royalty Rate Survey Report, the Licensing Executives Society (U.S.A. and Canada), March 30, 2012.
Posted: 16 Apr 2012
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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High tech, royalty survey, average royalty rate, median royalty rate, license term, running royalty rate, lump sum payment

21.

High Technology Royalty Survey: Economic and Econometric Analysis on Major Issues in Survey

Chapter 6, 2011 High Technology Sector Deal Term & Royalty Rate Survey Report, the Licensing Executives Society (U.S.A. and Canada), March 30, 2012.
Posted: 16 Apr 2012
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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high tech, royalty survey, running royalty rate, lump sum payment, technology transfer, royalty premium, royalty discount, dummy variable regression

22.

Intangible Assets Valuation by License Market and Stock Market: Cross-Industry Analysis Based on Royalty Rate and Tobin’s Q

les Nouvelles, June 2011
Posted: 23 Jul 2010 Last Revised: 10 Jun 2011
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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Intangible assets, valuation, license market, stock market, pricing behaviors, valuation models, royalty rate, Tobin’s Q, R&D intensity, book value of intangible assets, price markup, regression analysis

23.

The 25 Percent Rule Still Rules: New Evidence from Pro Forma Analysis in Royalty Rates

Licensing Economics Review, April 2010, Les Nouvelles, March 2011
Posted: 01 Apr 2010 Last Revised: 12 Jul 2011
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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Royalty Rate, Profitability, The 25% Rule, Regression Analysis, Pro Forma Analysis, Linear Relationship, Royalty Negotiation, Profit Margin

24.

Does Upfront Payment Reduce Running Royalty Rate‘ Theoretical Perspectives and Empirical Analysis

les Nouvelles, September 2010
Posted: 13 Mar 2010 Last Revised: 15 Apr 2012
Jack Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC

Abstract:

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Upfront Payment, Running Royalty Rate, Reasonable Royalty Determination, License Agreement, License Market, Licensing Transaction, Royalty Payment, License Negotiation, Dummy Variable, Regression Analysis