Values an early-stage patent, software right, know-how bundle or other IP asset with an explicit valuation purpose, base date and evidence set; selects cost, market, income/DCF, probability-adjusted NPV or real-options framing; and returns a defensible range with sensitivities instead of a false-precision price. Use when asked to "value this patent portfolio", "estimate a licensing value", "calculate rNPV for this IP", or "what is this university invention worth?". Not for claim scope or patent crowding — use `analyze-patent-claims` or `read-patent-landscape` instead.
