This study delves into the intricacies of patent governance, emphasizing the importance of integrating robust corporate governance practices to safeguard and optimize the value of patent portfolios. It also examines methods of accurately valuing patents, highlighting their significance in financial reporting, mergers, acquisitions, and technology licensing. Furthermore, the paper addresses the rising incidence of patent-related legal disputes, including infringement claims, licensing conflicts, and challenges in enforcing patent rights, offering insights into mitigating these risks through proactive legal strategies. To provide practical context, this paper incorporates real-world case studies that illustrate both successful and failed attempts at patent management, drawing lessons for businesses and policymakers. By addressing these dimensions, the paper aims to offer a comprehensive understanding of how patents can be effectively managed to support sustainable growth, foster innovation, and maintain a competitive edge in a rapidly evolving marketplace.
