Every IP asset is unique in its scope, its remaining term, its commercial application, and the competitive advantage it actually creates. Similarly, a patent developed at significant expense may have limited commercial value if the market moved in a different direction. The result is that IP valuation requires judgment as much as methodology. What drives the numberWhichever approach is applied, several factors consistently influence IP value. And enforceability matters: IP that has been tested and upheld carries more weight than rights that have never been challenged.