SUBJECT MATTER EXPERTS
Russell L. Parr, patent valuation and licensing subject matter expert for IPmetrics is the President of IPRA, Inc. Mr. Parr is a highly respected consultant, author, lecturer and publisher specializing in intellectual property valuation and management. He has practiced as an intellectual property valuation and royalty rate consulting professional for over 25 years. His clients include multinational corporations, universities, and individual inventors. Some of the corporations and universities for which Mr. Parr has conducted valuations and royalty rate studies include AT&T, Baxter International, IBM, Rockwell International, Mott’s, Mead-Johnson, Hewlett-Packard Corporation, Dr. Seuss, Princeton University, Carnegie Mellon University, Rutgers University, Edwards LifeSciences, Inc. and Bayer. The work conducted for these and other entities involved valuations, infringement litigation expert testimony, and royalty rate analyses for use by clients in license negotiations.
Mr. Parr’s education includes a Masters in Business Administration and a Bachelor of Science in Electrical Engineering from Rutgers University. He has also been awarded the professional designations, Chartered Financial Analyst (CFA) from the CFA Institute and Accredited Senior Appraiser (ASA) from the American Society of Appraisers, both requiring the successful completion of study programs, examinations and work experience.
In addition to his consulting practice, Mr. Parr publishes three books regarding royalty rates at which intellectual property is licensed. These books are sold to a worldwide customer base and are used to accomplish intellectual property valuations and license agreements:
Mr. Parr is also the author or co-author of additional books on the valuation and management of intellectual property published by John Wiley & Sons, Inc. These books are: Royalty Rates for Licensing Intellectual Property, Intellectual Property – Licensing & Joint Venture Profit Strategies, Intellectual Property Infringement Damages, Technology Licensing, Investing in Intangible Assets, and Intellectual Property – Valuation, Exploitation & Infringement Damages. Some of these books are published in Italian, Japanese, Chinese, Russian and Korean.
In addition to his activities as a consultant, author and publisher, he has been a guest speaker regarding intellectual property matters at over forty professional conferences including those sponsored by the American Intellectual Property Law Association, Licensing Executives Society and the World Intellectual Property Organization.