We measure damages resulting from violations of intellectual property, providing expert testimony and written analysis that is supported by rigorous economic models.
Concept2Company (C2C) Patents, an independent affiliate of Cornerstone Research, is a boutique economic and financial consulting firm spun out of Stanford University. C2C helps North America’s top law firms, Fortune 1000 corporations, and financial institutions address commercial intellectual property issues.
C2C Patents supports clients with analysis at the earliest stages of an IP dispute. We help to establish the economic value of features within complex technology products, guide lawyers in the discovery of that value, and provide expert testimony and written analysis during commercial IP litigation and regulatory proceedings.
For attorneys and their clients, finding qualified damages experts is often a random process of seeking referrals and figuring out whom they can trust.
Conceived at Stanford University by faculty members with experience in economics, patents, and finance, C2C Patents brings industry-specific expertise in producing financial models to measure damages in intellectual property and complex financial disputes. We are adept at explaining complex evaluations to non-experts. C2C Patents is an affiliate of Cornerstone Research, a leading economic consulting firm with offices in Boston, Chicago, London, Los Angeles, New York, San Francisco, Silicon Valley, and Washington.
C2C Patents gets involved with clients much earlier than other economic consulting firms do. Often, a Case Management Order has been issued but no Discovery has occurred. We work with plaintiffs as well as defendants in intellectual property disputes. We help attorneys and corporate clients evaluate economic claims related to intellectual property.
Review patent and intellectual property at issue
Develop relevant valuation methodologies to guide pretrial discovery
Find substitute technologies available to engineers and help identify qualified technical experts
Produce economic models that measure damages resulting from alleged wrongful conduct
Provide sworn testimony and written analysis
After the attorneys and C2C Patents agree to move forward, C2C Patents assists attorneys with various phases of litigation, including the development and review of pretrial discovery and the creation of economic and financial models to analyze damages. We deliver high-quality, independent, and objective evaluations of the financial and economic impact resulting from alleged wrongful conduct. Our extensive real-world experience allows us to reach reliable conclusions on complex issues emanating from a broad array of causes of action. And we do all this in a cost-efficient manner.
We provide litigation support and expert testimony both in the courts and before the International Trade Commission (ITC).
C2C Patents works with technical experts to establish the economic value of technology features within complex products and guides lawyers in the discovery of that value.
C2C Patents also assists clients with the valuation, transfer, and structuring of intellectual property portfolios in non-litigation business settings such as bankruptcy.
We measure all aspects of the financial and economic remedies available to intellectual property owners, including:
For disputes involving complex financial issues, our litigation experience has focused on private companies and partnerships. Experience has included the measurements of damages related to:
C2C Patents applies traditional damages methodologies to case-specific facts.
We provide written analysis and sworn testimony in intellectual property disputes involving misappropriation of trade secrets, patent infringement, bankruptcy, and complex financial issues involving private companies and partnerships.
We have advised clients on matters in U.S. state and federal courts; international courts; arbitration; and at the U.S. International Trade Commission.
We produce expert testimony and analysis that is accurate and defensible.
Experts at C2C Patents apply standard economic models to value intellectual property using case-specific facts. We can support our testimony and our analysis with our deep, extensive experience in IP transactions.
We have purchased patent portfolios on behalf of large non-practicing entities such as Intellectual Ventures.
Experts at C2C Patents have built operating licensing programs based on detailed models of damages in a variety of technology areas. We have purchased intellectual property from universities and licensed them to operating companies.
We know how to measure the value of venture capital-funded companies.
Experts at C2C Patents have invested seed capital in new technology companies that have raised more than $280 million in follow-on venture capital since 1997. We are experienced at measuring the value of pre-revenue companies and evaluating technologies before product launch.
We are comfortable explaining complex intellectual property matters in simple terms.
Experts at C2C Patents have taught survey courses at leading universities and published business case studies for non-technical audiences.
C2C Patents is committed to creating rigorous economic analysis of intellectual property assets and delivering credible, defensible testimony that is supported by compelling real-world experience.
Micah joined the Stanford University faculty in 2006 as a Consulting Associate Professor. His research interests include the economics of patent and software licensing, private company valuation, and rigorous methods to establish the economic value of technology features. He provides expert testimony for economic issues that arise in intellectual property litigation as well as complex financial litigation involving private companies and partnerships.
Micah has been named as a testifying expert related to economic damages in seven cases and retained as a consulting expert in an additional eight cases. He has 17 years of experience as an academic and an industry practitioner measuring the economic value of technologies. He has advised clients on matters in U.S. state and federal courts; international courts; arbitration; and at the U.S. International Trade Commission. From 2010-2013, Micah worked as an industry practitioner with Intellectual Ventures, a large investment fund family (total capital > $5B) dedicated to patents (over 30,000 patents and applications) to establish core valuation methodologies and monetization practices for the deep portfolio of assets owned by IV. He developed patent valuation models, determined reasonable royalty rates, bought patent portfolios worldwide, and evaluated licensing revenue worldwide. He is no longer affiliated with Intellectual Ventures. At Stanford Micah has taught survey courses explaining economic and financial issues to non-experts. Course topics have included Economics of Licensing, Market Estimation, IP, Economics of Product Development, Valuation of Early-Stage Technologies, and Venture Capital Finance. According to student surveys, these courses have been consistently among the most popular graduate courses at Stanford. Since 2002, Micah has been retained for testimony in intellectual property disputes involving the misappropriation of trade secrets, patent infringement and breach of technology agreements. He has also been retained for expert testimony in disputes involving complex financial issues, focusing primarily on private companies and partnerships. His experience has included the measurements of damages related to corporate ownership, venture capital investments, bankruptcy, and joint ventures. He is experienced at producing economic models that measure damages from alleged wrongful conduct and testifying to economic issues related to the following technology areas: semiconductors (digital and analog), 3G/4G handsets, medical devices, healthcare software and services, automotive, biotech tools and reagents, consumer software, online advertising, financial services, enterprise application software (SaaS and packaged software), databases, and consumer electronics. As an industry practitioner, Micah invests in private technology companies as Managing Director of a venture capital fund, C2C Ventures. His testimony has referenced his private company investments, which include BioImagene (2003, acquired in 2010 by Roche for $100 million in cash), Stack Overflow (2010), Hadapt (2011, acquired in 2014 by Teradata), Judicata (2012), Cellular Research, Inc. (2013, acquired in 2015 by Becton, Dickinson for $120 million in cash), and C2C Patents (spun out of Stanford in 2012). and SkyFront (2016). Micah was recognized in 2009, 2010, 2011 and 2012 by Intellectual Asset Management Magazine, a widely distributed industry publication, as one of the world’s 250 “Leading IP Experts” (“IAM 250“) and in 2003 by MIT Technology Review magazine as one of the world’s “100 Top Innovators” (“TR100 List“). He is a Member of the American Economics Association and the Licensing Executives Society, and an Associate Member of the American Bar Association. He is a Certified Patent Valuation Analyst (CPVA). He graduated from Yale University (Phi Beta Kappa, Magna Cum Laude) and received a Ph.D. from the California Institute of Technology.
C2C Patents is an affiliate of Cornerstone Research, a leading economic consulting firm with offices in Boston, Chicago, London, Los Angeles, New York, San Francisco, Silicon Valley, and Washington. Our projects are supported by staff consultants at Cornerstone. We choose our support teams on a case-by-case basis, and as carefully as our clients choose C2C Patents. Our support teams contribute their expertise in economics, finance, accounting, and marketing, as well as business acumen, familiarity with the litigation process, and commitment to produce outstanding results.
C2C Patents, Stanford, CA